Yesterday in my evening post, I said,
“So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’ve noted the support for the past […]
By HappyTrading
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Also posted in Nasdaq, SPX, HES, LDK, SPWR, FSLR, JASO, TSL, STP, CSIQ, APA, PBR
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First week back from my vacation and the market made solid gains. The Dow was up +166.34 points; SPX gained +16.06 points; and Nasdaq added +54.06 points. I’ll just do a quick wrap with the trades made this week and go right into my Market Forecast.
We got 100% GR$$N on the closed trades:
RIMM […]
This weekend, in my Market Forecast, I said,
“For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is for […]
By HappyTrading
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Also posted in Uncategorized, GS, IBM, GOOG, Nasdaq, SPX, BIDU, HPQ, QCOM, BRCM, ISRG, LEH
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February 6, 2008 – 6:51 pm
Tonight is Chinese New Year’s Eve 2008. So, Happy Chinese New Year, everyone! I’m going to make this a quick post, going over the market; so, I can have dinner with my family. Our friend OptionDragon will continue with his own post, looking at some interesting stocks.
The market was not very happy […]
December 11, 2007 – 5:10 pm
Well, the market didn’t get what it wanted from the Fed, who lowered the federal funds rate by only one-quarter percentage. Immediately after the rate announcement, the market dropped sharply and continued the slide all the way to the close. The Dow ended down almost 300 points; SPX stumbled 38.31 points; and Nasdaq […]
November 7, 2007 – 6:57 pm
Wow! Talking about volatility!! The Dow went down 360.92 points; SPX dropped 44.65 points; and Nasdaq lost 76.42 points! With this huge “see-saw action in the market, for me, it is good to keep lots of cash!!
In my Market Forecast this weekend, I said, “For the new week, I’m looking […]
The stock market was in a very cheerful mood today! CSCO’s earnings seems to have inspired buyers to come back in. CSCO shares went up +6.7%, comparing to yesterday’s AH gain of +5.73%. I also mentioned PCLN yesterday with an AH rise of +10%, and it closed up more than +22%!! […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, RIMM, SPX, VIX, PCLN, SYX, HRS, PCP, SPWR, ICE
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So, the Fed holds rates unchanged and the market rallies, as explained by this article from Reuters. According to this article, “The Fed, which also left interest rates unchanged at a policy meeting, buoyed the market by reassuring investors that problems in mortgage lending and corporate finance would not drag on the broader economy.” […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
