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Category Archives: DRYS

Speculator Money Still Pervades Shipping Stocks

August 3, 2009 – 4:20 pm

On Thursday, one of our Trading Room members asked my opinion on holding DRYS options through their earnings announcement, and I had to give my frank opinion — that it was simply too dangerous given the current market sentiment.  I think the trader was disappointed to hear that and had been hoping for a bigger [...]

By HappyTrading | Comments (0)

The Green Bar of Death

July 29, 2009 – 3:11 am

Yesterday I was going to write a short article about the "green bar of death" but didn’t find the time. Where is this green bar? It is on the daily chart of DRYS. Take a look at the chart, and look at the days with the largest green bars. Then look what happened the days [...]

By HappyTrading | Also posted in ESEA, Uncategorized | Comments (0)

Intel (INTC) Jumps On Earnings! SPX, Nasdaq, GS, INTC, BIDU, GOOG, EXM, DRYS

July 14, 2009 – 3:19 pm

This morning, GS delivered a $2.7 billion quarterly profit.  But, its stock went up so much yesterday, it closed nearly flat.  However, the news was enough to help the market overcome slight early weakness and close in the green.  Or, perhaps the market was expecting more good news from INTC?  After the market, INTC reported [...]

By HappyTrading | Also posted in BIDU, EXM, GOOG, GS, INTC, Nasdaq, SPX | Comments (0)

Abnormal volume for 5-15-2009

May 15, 2009 – 11:43 am

from MyHappyTrading.com by Skymist Sign up for FREE membership! These are stocks ranked by a figure of virtue calculated by multiplying their relative volume (todays volume divided by average volume) times their day’s gain.  This gives a power listing of stocks receiving intense buying interest.  Before going long or short any of these, it is [...]

By HappyTrading | Also posted in KAX | Comments (0)

Dryships Spoils the Party

May 10, 2009 – 7:20 pm

With the Baltic Dry Index up every day for an entire week, the shippers become somewhat divorced from the general market, and find a strong support zone. My key plays on dryshippers have been calls on ESEA, EGLE and TBSI. Individual stocks: ESEA: a shipper with one of the lowest debt-to-equity ratios around, and a [...]

By HappyTrading | Also posted in DHT, EGLE, GASS, GLNG, ONAV, TBSI | Comments (0)

Fed Holds Rates Unchanged, Market Gains: SPX, Nasdaq, BIDU, AAPL, RIMM, ORCL, DRYS, GNK, EXM, ATW

June 25, 2008 – 6:43 pm

Well, the Fed held the interest rates steady, as expected by most. The techs led the market up. Just before the Fed announcement came out, I said on the member board: HappyTrading Posted June 25, 2008 at 11:06 am | Permalink (Edit) market what I do see is that VIX is near 21; if it [...]

By HappyTrading | Also posted in AAPL, ATW, BIDU, EXM, GNK, Nasdaq, ORCL, RIMM, SPX | Comments (0)

Cash Is King! SPX, Nasdaq, STP, FSLR, SOLF, CSIQ, BIDU, DRYS, SINO, ISRG

May 22, 2008 – 4:46 pm

It was a very volatile day on the market, almost more volatile than on an options expiration day! There were lots of mid-day big swings. For example, X was strong in the morning, trading above $182; it ended at $172.15, down almost $4 for the day (a $10 swing)! The market did manage to close [...]

By HappyTrading | Also posted in BIDU, CSIQ, FSLR, ISRG, Nasdaq, SINO, SOLF, SPX, STP, Uncategorized | Comments (0)

Review 10/30/07: SPX, Nasdaq, DRYS, EXM, DSX, SIRF, CMG, IVGN

October 30, 2007 – 5:44 pm

Another “muted” day! The techs were once again much stronger than the broader market, with GOOG leading the way! The talks about GOOG‘s possible mobile services are getting louder and louder, sending its shares to a new all-time high of $699.91! AAPL also charged up to a new all-time high of $189.37! The Dow closed [...]

By HappyTrading | Also posted in CMG, DSX, EXM, IVGN, SIRF | Comments (0)