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Category Archives: CHA

Chinese Stocks On Fire, Again! SPX, Nasdaq, STP, YGE, LDK, SOLF, TSL, ACH, CHA, SOHU, CELG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! After a gap-down open, the market quickly worked itself up to green before the first trading hour had passed.  New housing and manufactoring data seemed to fuel more optimism.  Favorable anticipation of what the world leaders at the G20 summit would reveal to help solve the [...]

A Bounce That Did Not Fade? SPX, Nasdaq, BAC, WFC, PRU, JPM, CHL, CHA, EDU, LFC, SOHU, SINA, SNDA

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This morning, President Bush and various government officials promised to work together to revive the $700 billion rescue plan.  This seemed to have given the markets some hope.  Most sectors rallied.  Dollar also jumped.  Financials led the market higher:  BAC +15.7%; PRU +11.2%; WFC +12.87%; [...]

Review 12/5/07: SPX, Nsadaq, FXI, CHNR, EFUT, EDU, PTR, CEO, SNP, LFC, CHA, CMED

Yesterday, in my evening post, I said of SPX, “We’ll need to see some upwards movements soon to start turning the 20-day MA,” and of Nasdaq, “We’ll need to see Nasdaq close above the 20-day MA to feel more bullish.” Well, the market responded with both of those signals today (will discuss more later). The [...]