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Category Archives: CTRP

Hammer Time! Markets Deflect Poor Jobs Report

What a relief!  After that awful jobs report it certainly seemed as if the rally started Monday was going to fizzle out, and maybe break some support levels.  Well, the dip buyers had other things in mind.  Volume was big early in the session, of course many bailing out on stocks as the BLS released [...]

Gold Soars To New High! SPX, Nasdaq, GOLD, NEM, ABX, GG, RGLD, BIDU, AAPL, DIS, ERTS, CTRP

Gold jumped out of the gate today and did not look back, closing above $1230/ounce.  In the morning, in our Trading Room, I commented: May 11, 2010 7:14 AM  gold plays breaking out! May 11, 2010 8:11 AM GOLD could see $90+!! We did get in on GOLD May 85 calls and cashed out for [...]

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%, [...]

November 2009: Another Super Month! GLD, GOOG, TSL, CTRP, MON, ISRG

Our trading was spectacular this month!  Not only did most of our trades produce winners, most winners had more than +50% profits (highlighted in bold print).  In fact, most of our trades had more than +100% gain, with many trades over or near +200% gain!!  Gold was, of course, the big story this month.  We [...]

A Week Of Triple Digit Gains! GOOG, GLD, CTRP

It was another solid week for the market.  SPX came back to close above 1090 and Nasdaq saw some good strength today.  We had a really nice week with lots of triple digit gains.  Here are the closed trades for the week (all of our gains are above +50% this week, so, I’m only highlighting [...]

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 [...]

Another Great Week Of Trading! CTRP, LVS, AEM, AIG, FCX, VNDA, SPY, SRS

We continue to trade very well in an volatile environment.  Here are the closed trades for the week (notable trades, above +50% gain, are highlighted): September 04, 2009 12:31 | HappyTrading LVS ($15.42) Sold to Close LJJIV Sep 13 calls, at $3.00 +71% 12:25 | HappyTrading CTRP ($53.79) Sold to Close QCTIJ Sep 50 calls, [...]

Another Impressive Week For The Markets

Markets ended near their highs of the session on Friday, no small feat considering the whack from some major tech stocks.  The action was quite fitting to end the week, which was a dazzler following last week’s thumping of the bears.  What’s interesting to note was the good relative strength, breadth and solid volume…something that [...]

Central Banks Cut Rates; Stocks Still Weak! SPX, Nasdaq, GLD, ABX, AEM, GDX, FCX, PCLN, CTRP, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Central banks around the global cut interest rates in a coordinated effort to help ease the credit crisis.  The Fed slashed rates by half-a-point to 1.5%.  The market was very volatile, going up-and-down many times; but, still ended down!  Certain sectors were able to hold [...]

Market Runs Higher As Oil Drops: SPX, Nasdaq, CEO, BIDU, SNDA, TSL, CTRP, FNM, FRE, WM, BAC, GENZ

This morning, the CPI data came out.  It was higher than expected!  The market opened lower, but, quickly turned around and went into the positive territory.  Dollar went higher and oil dropped again.  Commodity-related sectors gave back some gains from yesterday.  Gold took a tumble and closed at a new year low.  It is trading [...]