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Category Archives: CSCO

Market Slumps On Renewed Economic Worries: SPX, Nasdaq, CSCO, CREE, VECO, AAPL, GS, WLT, CLF, FCX, ATI, RTI, X

As further economic data showed slowing in the global economy, the US stock market took a sharp fall today.  Miners led the market lower:  WLT -5.21%, CLF -5.03%, FCX -4.33%, X -5.19%, ATI -7.58%, RTI -6.87%.  Market leaders such as GS and AAPL also took big falls.  GS dropped 3.02%, closing below $150.  AAPL lost 3.55%, [...]

Market Takes Time To Breathe: SPX, Nasdaq, GS, MA, V, AIG, C, FNM, FRE, AAPL, BIDU, ITMN, FACT, CSCO

This weekend, in my Market Forecast, I said, "…the market has gone quite far, so it may need a breather through the mid-week."  This is what the market is doing right now, basically trading sideways.  Still, there are pockets of new breakouts.  Financials continued to be strong with GS briefly topping over $172 per share, [...]

Market Awaits Latest Jobs Data: SPX, Nasdaq, BIDU, GOOG, RIMM, AAPL, CSCO, V, MA, BRCM

Yesterday, in my evening article, I said, "After 2 days of bouncing, the market may need a bit of rest tomorrow before some important earnings reports…"  Indeed, we saw some profit-taking today.  Commodity sectors were mostly weak.  BIDU jumped another $23.6, or +5.54% to close just a tad under $450, as Goldman Sachs raised its [...]

Housing And Biotech Stocks Rally: SPX, Nasdaq, DHI, MDC, TOL, PHM, CELG, GENZ, OSIP, CEPH, XNPT, CTRP, SOLR, NETL, CSCO, V, BRCM, YUM

This morning, pending home sales numbers came in better than expected.  In addition, DHI reported its first profittable quarter in 3 years!  Housing stocks were very strong:  DHI +10.92%, MDC +7.73%, TOL +3.59%, PHM +7.48%.  Biotechs also had a good day with the BTK breaking above 1000, yet another all-time high:  CELG +1.39%, GENZ +2.71%, [...]

Market Tests SPX 1100 Again! SPX, Nasdaq, HPQ, COMS, JDSU, BRCD, BRCM, JNPR, IBM, CSCO, CTRP, GLD, GOOG

On Monday, in my evening article, I said, "The market had a really strong day today and we could see some profit-taking tomorrow.  SPX 1100 could be tested, but, I think we might need a couple of more days before breaking above that level." Isn’t it funny how a couple of sentences can sum up the market [...]

Fed Leaves Rates At Historical Lows: SPX, Nasdaq, GLD, ABX, GOLD, CSCO, QCOM, NWSA, PRU

This morning, in our Trading Room, a member asked about what to expect immediately after the Fed’s rate decision annoucement: angar November 4, 2009 6:58 AM Good morning happy. are you expecting rally after Fed meeting today? I replied: November 4, 2009 7:18 AM Fed don’t have big expectations, besides volatility, but, if SPX can [...]

Financials Rally In A Red Market Day! SPX, Nasdaq, AIG, CIT, ABK, MBI, WFC, BAC, JPM, GS, PNC, CSCO

Finally, the market gets a down day.  But, there were still plenty of winners.  Financials charged up higher today.  XLF (financial ETF) added +3.45%, closing above $14!  SKF (financial ultrashort ETF) closed at a new low, below $30, at $29.29.  AIG was the big story in the sector, jumping +62.72% on the day, up +$8.48 [...]

Late Buying Pushes Market Higher, Again! SPX, Nasdaq, AMGN, WYNN, LVS, MGM, WMS, CSCO, PRU

The market started on a down beat today.  But, it quickly reversed its direction.  More favorable economic data helped to draw sidelined money into the market, including better-than-expected consumer spending and pending home sales.  Biotechs were strong with AMGN adding another $1.53.  Casino stocks jumped today.  Both WYNN and LVS added about +8.5%.  MGM hopped [...]

Financials And Energy Sectors Push The Market Higher! SPX, Nasdaq, WFC, STI, PNC, BAC, DVN, APA, HES, CSCO

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The first thing I said in the Trading Room this morning was: HappyTrading May 6, 2009 6:47 AM good morning! energy stocks and financials are strong! The energy and financial stocks just kept on going higher today.  WFC +15.59%, STI +14.99%, PNC +11.93%, and BAC +17.07% [...]

Has The Market Become “Predictable”? SPX, Nasdaq, CSCO, V, MA, BBBB, AKAM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We all know that the market has been extremely volatile and not very easy to invest/trade.  But, has the market gotten a little more “predictable”?  Can you actually see where the market is going in an environment as chaotic as this?  If you ask a [...]