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Category Archives: CRM

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

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 [...]

Stocks Sink Further On Home Sales: SPX, Nasdaq, GOOG, ISRG, PCLN, MLM, VMC, CRM, TSL

The market was already on its heels and sank lower today after a sharp fall in the latest home sales report.  Stocks were weak pretty much across the board.  GOOG fell another $12.68 to close just above the $450 level.  Just 2 weeks ago, GOOG was trading around $500/share!  ISRG continued to stumble, down $13.82; [...]

Rising Jobless Claims Spook The Market, Again! SPX, Nasdaq, INTC, MFE, SYMC, SHLD, SNDK, CRM, MRVL, INTU, DELL, HPQ

Lots of news on the market today!  INTC came out with a 60% premium bid for MFE, at $7.68 billion.  MFE shares jumped +57.07% while INTC fell 3.52%.  SYMC, another security software company, saw its shares rise +6.2%.  However, investors focused on the rising jobless claims number and drove the broader market down.  SHLD reported weak sales [...]

Strong Earnings Push The Market Higher! SPX, Nasdaq, CSX, AA, JOYG, GOOG, RIMM, AAPL, AMZN, IBM, PCLN, FFIV, CREE, VMW, CRM

Yesterday, after the market, both AA and CSX reported solid earnings.  However, CSX ended the day down 1.41% and AA was only up +1.2%.  Mining stocks, in general, were only up slightly.  JOYG stood out in the crowd, gaining +4.82%.  Financials and techs lead the broader market higher.  GOOG and RIMM have been popular in [...]

Market Surges After 2 Weeks Of Selloff: SPX, Nasdaq, GOOG, AAPL, NFLX, CREE, VMW, CRM, VECO, GS, PNC, WFC

In my Market Forecast this week, I said, "For the new week, the market should be looking for a bounce after the quick fall for the past 2 weeks.  The above mentioned levels [SPX 1040; Nasdaq 2150] should be the first resistances.  We could see some volatile trading to start the week."  Yesterday, the market gapped higher and [...]

Market Hangs On In Volatile Trading: SPX, Nasdaq, FSLR, CF, CRM, FLR

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower on worse-than-expected home sales data.  It rallied all the way back to green only to sink down into the red just before closing.  Stocks fluctuated throughout the session.  Oil rallied and gold continued to give back some of its recent gains.  [...]