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Category Archives: COF

Bank Stocks Up After Stress Test (Part II): SPX, Nasdaq, JPM, COF, STT, GS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Today, the market opened higher, but, profit-taking immediately followed.  Investors seemed nervous ahead of the "official" stress test results.  Ironically, techs were the weakest, as Nasdaq lost 2.44%!  Financial stocks were jittery as well, and most reversed their early gains to pretty substantial losses.  However, [...]

Financials Lead The Market Lower: SPX, Nasdaq, WFC, BAC, JPM, C, PNC, COF, SKF

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market hung around flat to higher for most of the day.  But, in the last 2 hours, it finally succumbed to the pressure of profit-taking in the energy and commodity-related sectors.  The market struggled while political drama over the rescue plan for the automakers [...]

Review 1/23/08: SPX, Nasdaq, MBI (MBIA), ABK (Ambac Financial), WYNN (Wynn Resorts), COF (Capital One Financial), QCOM (Qualcomm)

What a wild day! The market was down “HUGE”, with the Nasdaq down almost 90 points at one point (AAPL was down almost $30, trading at $126; and GOOG was down over $65, trading under $520.)! This weekend, in my weekly Market Forecast, I said, “For the new week, the market could look to start [...]