Skip navigation

Category Archives: COF

It Was Prudent To Be Cautious! SPX, Nasdaq, GLD, FAS, NFLX, MA, V, AXP, COF, BWLD, CLF, WLT

April 27, 2010 – 3:06 pm

We were on the cautious side last week as the market pushed higher.  In our Trading Room, I commented on Thursday last week: April 21, 2010 1:12 PM gold plays may be the best long plays right now… This weekend, in my Market Forecast, I said, "…if any unfavorable news come out of the financial [...]

By HappyTrading | Also posted in AXP, BWLD, CLF, FAS, GLD, MA, NFLX, V, WLT | Comments (1)

Nasdaq Makes New Yearly High! AAPL, FFIV, SNDK, NFLX, CMG, ICE, CME, WYNN, LVS, COF, AXP, AMZN, MSFT

April 22, 2010 – 4:47 pm

The market opened lower today.  The dollar jumped on more worries on Greece and the commodity sectors were weak.  However, jobless claims numbers fell and housing sales jumped.  The market soon staged a dramatic upswing.  Techs led the way.  AAPL reached a new all-time high at $266.75, passing MSFT as the second largest company on [...]

By HappyTrading | Also posted in AAPL, AMZN, AXP, CME, CMG, FFIV, ICE, LVS, MSFT, NFLX, SNDK, WYNN | Comments (0)

Financials Lead The Market On Pullback! SPX, Nasdaq, GS, CME, ICE, X, FCX, RTP, GOOG, FFIV, AXP, COF

January 21, 2010 – 8:06 pm

The market opened slightly higher this morning.  But, within the first 30 minutes from the open, the market slid into the red.  Before the end of the first hour, the market started to drop sharply!  In the Trading Room, I warned our members promptly: January 21, 2010 7:26 AM VIX green, be careful… January 21, 2010 [...]

By HappyTrading | Also posted in AXP, CME, FCX, FFIV, GOOG, GS, ICE, RTP, X | Comments (0)

Energy Stocks Jump On Merger! SPX, Nasdaq, XOM, XTO, APA, DVN, UPL, ECA, CSIQ, TSL, SOLF, LDK, C, WFC, V, MA, COF, BAC, C, WFC

December 14, 2009 – 6:05 pm

Last night, Dubai received a $10 billion bailout from Abu Dhabi.  This morning, XOM announced a $31 billion deal to buy XTO, sending XTO stock up more than +15%!  Other stocks in the energy sector jumped as well:  APA +4.09%, DVN +4.55%, UPL +3.78%, ECA +4.99%.  Besides natural gas companies, solar stocks were also up:  [...]

By HappyTrading | Also posted in APA, BAC, C, CSIQ, DVN, ECA, LDK, MA, SOLF, TSL, UPL, V, WFC, XOM, XTO | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, INX2

December 13, 2009 – 9:40 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will start with a more bullish stance.  The daily MAs on both SPX and Nasdaq have turned higher.  Nasdaq is already seeing the hint of a new bullish crossover in the MACD.  VIX managed to close just above 21; but, breaking [...]

By HappyTrading | Also posted in AMZN, AXP, GLD, GOOG, INX2, MA, PCLN, USO, V, XLF | Comments (0)

The Dow Hits New 2009 High! SPX, Nasdaq, AXP, MA, V, COF, WYNN, LVS, WMS, MGM, PCLN, HMIN

November 9, 2009 – 4:42 pm

Investors cheered the reassurance from the G-20 to keep economic stimulus measures in place.  The market opened strongly today and continued to go higher until the close.  Most sectors participated in the rally.  Gold recorded new record highs, trading above $1100/ounce.  Oil also went up, trading above $79/barrel.  We locked in some more profits today, including [...]

By HappyTrading | Also posted in AXP, HMIN, LVS, MA, MGM, PCLN, V, WMS, WYNN | Comments (0)

Financials And Techs Stay Strong! SPX, Nasdaq, GOOG, BIDU, AAPL, MA, V, GS, BAC, WFC, COF, AA

October 7, 2009 – 4:37 pm

Last night, in my article, I said that "we might see some volatility in the morning as the market fights around this pivot point."  Indeed, the market opened lower, but, quickly bounced back.  Then, it spent most of the morning and early afternoon fluctuating around the flatline.  However, it managed to closed just in the [...]

By HappyTrading | Also posted in AA, AAPL, BAC, BIDU, GOOG, GS, MA, V, WFC | Comments (0)

Commodity Sectors Lead The Market Bounce: SPX, Nasdaq, BTU, MEE, CNX, ACI, WFC, BAC, COF, GS, NTRI

October 5, 2009 – 7:15 pm

The market opened with strength today, cheering the positive data from the service industry.  The raising in ratings on big banks by Goldman Sachs also gave the market a boost.  Commodity sectors were mostly stronger, with coal stocks leading the way:  BTU +4.09%, ACI +5.42%, CNX +5.76%, ACI +5.42%.  Financial sector also recorded solid gains:  WFC [...]

By HappyTrading | Also posted in ACI, BAC, BTU, CNX, GS, MEE, NTRI, WFC | Comments (0)

Market Adds To Gains! SPX, Nasdaq, FSLR, MA, BLK, COF, WFC, GS, JNPR, TXN

September 9, 2009 – 4:56 pm

The market saw profit-taking today in the commodity sectors.  Gold traded above $1000 in the morning, but, closed below $995/ounce.  Oil prices were flat.  With 1/2 hour before the close yesterday, I said in our Trading Room: September 8, 2009 12:33 PM market feels like it wants to go higher, but, intraday charts are toppy, so, [...]

By HappyTrading | Also posted in BLK, FSLR, GS, JNPR, MA, TXN, WFC | Comments (0)

Clever Move (Down) By The Market! SPX, Nasdaq, AIG, HIG, PRU, BAC, COF, WFC, GS

September 1, 2009 – 9:11 pm

This morning, the market traded higher as home sales and factory data were better than expected.  But, within minutes after the data were released, the sell-off began.  The financials led the market down and kept dropping until the close.  Insurers were hammered!!  AIG, which tripled in August from less than $15 to a high of [...]

By HappyTrading | Also posted in AIG, BAC, GS, HIG, PRU, WFC | Comments (0)