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Category Archives: CMG

Market Consolidates After Solid Gains Last Week: SPX, Nasdaq, PCLN, MA, V, VECO, CREE, VMW, CRM, CMG

September 8, 2010 – 3:47 pm

After making solid gains last week, the market has been consolidating after the long Labor Day weekend.  Lacking economic news in the US, the market seemed to focus on the European financial system.  Yesterday, the market slumped on worries of European banks.  Today, the market rallied after a successful auction of Portuguese government debt.  Are [...]

By HappyTrading | Also posted in CREE, CRM, MA, PCLN, V, VECO, VMW | Comments (0)

America Is Dinning Out! BKC, CMG, PNRA, CAKE, JACK, BWLD, EAT, PFCB

September 2, 2010 – 4:08 pm

Restaurant stocks have been soaring this week.  The recent rise got an exclamation jump yesterday, Wednesday, when BKC was rumored to be actively seeking a buyer.  BKC shares jumped +14.7% on nearly 15 times the average trading volume!  Well, this buyout rumor came out to be very true and it happened a day after!  This morning, BKC [...]

By HappyTrading | Also posted in BKC, BWLD, CAKE, EAT, JACK, PFCB, PNRA | Comments (0)

Earnings Galore! CAT, UPS, FCX, CLF, WLT, AMZN, SNDK, MSFT, CMG, MOS, AXP, KWK

July 22, 2010 – 8:13 pm

The market has just been going through big swings this week!  This morning, both CAT and UPS reported strong earnings and buyers rushed back into the market.  CAT finished the day up +1.69% while UPS jumped +5.23%.  FDX outpaced UPS, rising +6.08% (it does look like both FDX and UPS can run much higher from [...]

By HappyTrading | Also posted in AMZN, AXP, CAT, CLF, FCX, KWK, MOS, MSFT, SNDK, UPS, WLT | Comments (0)

Market Dips As Bernanke Speaks: SPX, Nasdaq, MS, WFC, FCX, AAPL, EBAY, FFIV, QCOM, BIDU, NFLX, ISRG, SBUX, CMG, NUE

July 21, 2010 – 2:24 pm

The market started off strongly on strong earnings from MS, WFC, and FCX.  MS ended the day up +6.26% at $26.8; it traded as high as $27.89.  WFC closed only slightly higher, but, did trade up to $27.6.  FCX traded above $68 before closing at $66.06, up +2.71%. However, as Bernanke started to give his [...]

By HappyTrading | Also posted in AAPL, BIDU, EBAY, FCX, FFIV, ISRG, MS, NFLX, NUE, QCOM, SBUX, WFC | Comments (0)

Happy 4th of July! JOYG, OIH, GLD, BHP, GOOG, EOG, V, AMZN, CMG

July 4, 2010 – 7:59 am

Happy 4th of July! A quick note:  My Monthly Wrap reports normally only include the closed trades for the month, because it makes things easier to read.  As always, the Trade Records page (you might want to make a bookmark for this page) contains detailed records of both the opening and closing trades.  Here’s the version of only [...]

By HappyTrading | Also posted in AMZN, BHP, EOG, GLD, GOOG, JOYG, OIH, V | Comments (0)

June 2010 Monthly Wrap: GOOG, AMZN, CMG, GLD, V, EOG, BHP

July 3, 2010 – 2:36 pm

This year is going by so fast!  Already, we are into the 3rd quarter!  June was a very volatile month.  We saw the market bounce 2 weeks straight to start out; then, a quick 180-degree downturn for 2 weeks to end the month!  We traded accordingly and played  both sides.  We still came away with some pretty [...]

By HappyTrading | Also posted in AMZN, BHP, EOG, GLD, GOOG, V | Comments (0)

Market Ends Slightly Down In Volatile Trading: SPX, Nasdaq, GLD, GOLD, ABX, NEM, FDX, UPS, DO, BP, RIG, APC, Nasdaq, AAPL, AMZN, CMG, FXE

July 1, 2010 – 4:57 pm

On Tuesday, in my evening article, I said, "There is some resistance at 36 for VIX.  We may see shorts start to cover some positions before Friday’s unemployment report.  Profit-taking happens on the downside, too!  There’s a lot of focus on the SPX 1040.  If that does not hold, the next soft support is SPX [...]

By HappyTrading | Also posted in AAPL, ABX, AMZN, APC, BP, DO, FDX, FXE, GLD, NEM, Nasdaq, RIG, UPS, gold | Comments (0)

Late Selling Sends Market Lower! SPX, Nasdaq, OSG, FRO, TK, AAPL, GOOG, CMG, NFLX, SNDK, VMW, MON, DNDN

June 30, 2010 – 3:51 pm

The market spent most of the day defending the SPX 1040 level.  We saw some bounces in the morning.  But, like I said in my article last night, "…the momentum is on the downside right now, and, bounces may invite more selling."  In the last hour of trading, the selling resumed on heavy volumes, ending [...]

By HappyTrading | Also posted in AAPL, DNDN, FRO, GOOG, MON, NFLX, OSG, SNDK, TK, VMW | Comments (0)

Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

June 22, 2010 – 4:49 pm

Since Monday morning’s surge, on China loosening yuan’s peg to the US dollar, the market had been on the defensive.  This morning’s home sales data, which fell unexpectedly, further gave the market reasons to take some profits off the table.  After all, the market has been rallying up 2 weeks straight without taking much of a [...]

By HappyTrading | Also posted in APA, DECK, EOG, MA, NFLX, RIG, UNP, V | Comments (0)

Market Ends Down In Volatile Trading: SPX, Nasdaq, SHLD, MA, V, GS, CME, ISRG, FSLR, WLT, NFLX, CMG, CSTR

May 19, 2010 – 7:18 pm

The market was weak from the open and sank quickly lower into the morning trading.  We cashed in the rest of our trade on SHLD for profits as big as +347%, in just 2 days: May 19, 2010 07:21 | HappyTrading SHLD ($98.80) Sold to Close 05P105 May 105 put, at $7.10 +347% 07:10 | [...]

By HappyTrading | Also posted in CME, CSTR, FSLR, GS, ISRG, MA, NFLX, SHLD, V, WLT | Comments (0)