February 20, 2009 – 1:11 pm
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Even though President Obama signed the stimulus plan into law, the economic worries just seemed to be overwhelming for the markets right now. Chrysler requested an addition $5 billion while GM said it may need another $30 billion! Financials led the decline again: GS -11.14%, […]
By HappyTrading
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Also posted in Uncategorized, GS, Nasdaq, JPM, SPX, XOM, SKF, CVX, WFC, MS, SRS
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December 1, 2008 – 4:56 pm
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I have been saying for a couple of days that the market needs to take a rest, after consecutive days of gains. The new economic reports this morning gave the market all the reasons that it needs to cash out. The selling never let up […]
November 20, 2008 – 4:47 pm
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The market started lower at the open, then, attempted to bounce, only to end with a big drop at the close! Yesterday, at the end of the market, I wrote in the Trading Room,HappyTrading November 19, 2008 1:12 PMOIHs on the edge of a new cliff.
This morning, […]
November 19, 2008 – 6:52 pm
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The market had a weak day that just kept on sliding lower and lower. This morning in our Trading Room, a member asked:lsxxxxx November 19, 2008 8:31 AMHey guys, it seems as though the last 2 times we were here at these levels, a buyer […]
November 12, 2008 – 7:33 pm
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The market continued with its sliding today. Stocks were weak across the board. GOOG broke below $300 and closed at $291. BIDU lost 4.11% to close at $182.99! RIMM fell 5.86% while AAPL barely closed above $90, losing 4.91%. I have been doing some quick […]