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Category Archives: DECK

Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

June 22, 2010 – 4:49 pm

Since Monday morning’s surge, on China loosening yuan’s peg to the US dollar, the market had been on the defensive.  This morning’s home sales data, which fell unexpectedly, further gave the market reasons to take some profits off the table.  After all, the market has been rallying up 2 weeks straight without taking much of a [...]

By HappyTrading | Also posted in APA, CMG, EOG, MA, NFLX, RIG, UNP, V | Comments (0)

Making Money In A Down Market! SPX, Nasdaq, GS, PRU, JPM, WFC, SHLD, NFLX, DECK, EOG, WYNN, LVS, MGM

May 20, 2010 – 4:42 pm

In my Market Forecast for this week, I mentioned, "SPX 1120 could provide some initial support, but, below SPX 1120, the market could test SPX 1080."  On Tuesday, in our Trading Room , I said, May 18, 2010 12:13 PM VIX should at least test 40 on this run… From Monday through Wednesday, SPX tested 1120.  [...]

By HappyTrading | Also posted in EOG, GS, JPM, LVS, MGM, NFLX, PRU, SHLD, WFC, WYNN | Comments (0)

Market Pares Loss With A Mid-Day Bounce: SPX, Nasdaq, ESRX, KSS, DECK, CME, ICE, CF, POT, MOS, AGU

February 25, 2010 – 7:50 pm

The market opened lower today as the number of jobless claims increased in the latest data.  However, in the afternoon, the market started to reverse its direction.  Fertilizers were among the first ones to be bought.  CF, in particular, bounced on heavy buy volume after opening below $100/share; it ended up $4.60, or +4.56%, to [...]

By HappyTrading | Also posted in AGU, CF, CME, ESRX, ICE, KSS, MOS, POT | Comments (0)

Earnings, Earnings, And More Earnings! SPX, Nasdaq, MS, WFC, GS, QCOM, EBAY, VMW, ISRG, EDU, AMZN, DECK, MSFT, BIDU

July 22, 2009 – 6:02 pm

Financials were weak to start as MS posted a $1.2 billion quarterly loss and WFC, although reporting better-than-expected results, spooked investors with continuing loan problems.  MS ended the day flat and WFC lost 3.55%.  Financials got stronger during the day.  GS closed in the green as it redeemed the outstanding warrants the US government received through [...]

By HappyTrading | Also posted in AMZN, BIDU, EBAY, EDU, GS, ISRG, MS, MSFT, QCOM, VMW, WFC | Comments (0)

Market Ends Flat, In A Tight Range: SPX, Nasdaq, GOLD, BIDU, FSLR, ICE, BLK, DECK, AAPL

June 8, 2009 – 9:24 pm

Last Friday, we cashed out on our gains after the strong open.  I said in the Trading Room: June 5, 2009 7:20 AM I’m calling a long weekend. will sleep in on Monday! This morning, the market opened down.  But, it climbed back up in the afternoon and turned green before closing flat.  A lot of [...]

By HappyTrading | Also posted in AAPL, BIDU, BLK, FSLR, ICE, gold | Comments (0)

Metals, Oil, and Natural Gas: SPX, Nasdaq, SWN, DECK, DVN, UPL, ECA, APA, XME, PCU, FCX, BTU, ACI, CNX

February 28, 2008 – 5:36 pm

Gold (and other precious metals), oil, and natural gas prices spiked up again! Gold is above $970/ounce and crude is above $102/barrel, while the rest of the market staggered. Yesterday, I mentioned that I didn’t like seeing VIX above $22. Sure enough, the broader market faltered today. The Dow closed down 112.10 points; SPX lost [...]

By HappyTrading | Also posted in ACI, APA, BTU, CNX, DVN, ECA, FCX, Nasdaq, PCU, SPX, SWN, UPL, Uncategorized, XME | Comments (0)