August 11, 2008 – 5:59 pm
from MyHappyTrading.com (by HappyTrading)
First trading day on the new site, and we’ve got bagger (+100%) trades to show. The market was strong most of the day. The Dow slipped into the red briefly in the afternoon, but, was able to come right back to close in the green. Techs led the market again, and the commodity-related […]
The market was solid all day today, and kept the rally going. Commodities were once again weak and the oil prices fell further. Techs led the market, although biotechs took a breather. CME, mentioned yesterday, went up another +6.65%, or $24.35, closing above $390! Among our members, angar held on to this […]
The market started out weak today, pressured by earnings from AAPL, TXN, and AXP. But, after the gap-down open, the market climbed all day and accelerated upwards into the close. AAPL traded down nearly $20 in the morning, and ended down only $4.27 at $162.02. One of our brilliant members, Makemoney, jumped […]
The market started day well, especially the mining sector, gapping up on AA’s earnings report late yesterday. But, soon after lunch, things started to turn and VIX started to go up again, as I commented on the member board:
HappyTrading
Posted July 9, 2008 at 9:03 am | Permalink (Edit)
VIX
green. careful…
HappyTrading
Posted July 9, 2008 at 11:05 […]
The Fed slashed the interest rate by another 3/4 point! The market was already up in the morning on better-than-expected earnings from GS and LEH. After the Fed’s rate cut announcement, the market pole-vaulted to its biggest one-day gain since 2002 (even though, just yesterday, the market was still hanging up-side-down)!
Many of our […]
Well, the market just kept on “slip sliding away”. Ironically, the lyrics of this “Simon & Garfunkel” song say, “You know the nearer your destination, the more you slip sliding away.” Funny, these hippie song writers perhaps knew more than what we give them credit for, as the market capitulation may be near.
The […]
February 7, 2008 – 5:27 pm
The market bounced today after opening lower. Two weeks ago, on 1/22/08, I said,
HappyTrading
Posted January 22, 2008 at 12:21 pm | Permalink (Edit)
market
I’m cautiously “more” optimistic. If this is indeed establishing the bottom, then, we haven’t seen the real bounce yet. The initial bounce will need to take SPX to 1375-1410 (the 2 resistance […]
February 6, 2008 – 6:51 pm
Tonight is Chinese New Year’s Eve 2008. So, Happy Chinese New Year, everyone! I’m going to make this a quick post, going over the market; so, I can have dinner with my family. Our friend OptionDragon will continue with his own post, looking at some interesting stocks.
The market was not very happy […]
February 5, 2008 – 7:13 pm
The market’s downward momentum accelerated drastically today by the low ISM number, stirring more economic concerns. The market could not hold its 10-day MA and it slid continuously until the close.
The Dow was down 370.03 points; SPX fell 44.18 points; and Nasdaq tumbled 73.28 points.
Most sectors were lower today:
VIX jumped +8.66%. Techs were […]
February 4, 2008 – 7:22 pm
The market spent its time today letting off some steam. It held up well, with techs being a little weaker. This weekend, in my Market Forecast, I said,
“For the new week, I think the market could feel the need to vent. How the market handles the venting will be very important. …If the […]
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