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Category Archives: ESI

Biotechs Keeps Nasdaq In The Green: SPX, Nasdaq, CELG, AMGN, INCY, OSIP, AMAG, AIG, FNM, FRE, ESI, APOL, COCO, EDU

Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors.  Indeed today, we saw weakness in these sectors.  I also thought that coals and steels may not be done going up, although they also needed to let off more steam.  After the morning [...]

Market Treads Water As 2Q Comes To An End: SPX, Nasdaq, ESI, APOL, EDU, GOLD, AEM, ABX

The market showed some promise on Monday with SPX rising almost to 930 and Nasdaq nearing 1850.  But, today’s unexpected drop in consumer confidence prompted investors to put on the brakes again.  Commodity sectors were all weak.  Financials retreated as well.  After better-than-expected earnings last night, APOL led the education stocks with a +7.77% rise.  [...]

Education & School Stocks Hanging By a Thread

from MyHappyTrading.com by Aggressively Conservative Sign up for FREE membership! Finally! I went bearish on the educational/school stock group back in late February (see the article here). The idea was right, but the timing was about three months early. These stocks rebounded in late March, and only started to tumble again in early April. This [...]

Market Retreats!! SPX, Nasdaq, BIIB, ESI, APOL, MOS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The stock market opened lower today and continue to slide until the close.  It seemed like profit-taking finally sped up a bit as the earnings season started.  BIIB bucked the trend today and closed up +5%.  There were rumors that BIIB could be a take-over [...]

Education Stocks Get Hammered, Again!

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! As I said in my Market Forecast last night, “For the new week, Monday is going to be a little tricky.  After running up for 4 days, the intraday charts are getting toppy…”  The market was strong in the morning, but, turned weak in the [...]

Biotech and Health Care Lead The Market Down: IBB, ESI, HUM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened higher today, but, started to slide in late morning.  Biotechs were particularly weak: OSIP -8.29%; GENZ -6.43%; CELG -5.1%.  Health care stocks were even worse: HUM -19.48%; AET -11.26%; CI -8.54%!  Today’s big drop in these two sectors came as more details in Obama’s proposed [...]

Market Trading On Technicals

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This market has been very volatile, to say the least.  It has been trapped in a tight trading range since November of 2007, and is in the process of testing that November bottom right now.  Fundamentals are very important.  But, in this volatile market environment, [...]

Biotechs Lead The Market Higher! SPX, Nasdaq, MYGN, OSIP, BIIB, LLY, ISRG, HES, APA, XOM, ESI, APOL, GLD, AEM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market rallied higher today, led by the biotechs.  MYGN reported better-than-expected earnings and propelled its shares to an 8-year high, up +17%!!  OSIP shares jumped more than +16% on positive results on its cancer drug, Tarceva.  BIIB was also among the solid gainers, adding [...]

Market Bounces On Stimulus Package: SPX, Nasdaq, MA, APA, ESI, APOL, RIMM, VMC, PCLN, BRCM, QCOM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower and continued down in the morning.  I sold my puts and started watching for new opportunities as I commented in the Trade Room: HappyTrading January 15, 2009 7:37 AMshort plays might want to lock in profits and wait for the afternoon to [...]

Solar Stocks Jump On Obama’s Green Energy Plans! SPX, Nasdaq, FSLR, SPWRA, ENER, EMKR, YGE, APOL, ESI

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was able to eke out a gain on a late rally.  Solar stocks were strong right from the start on Presiden-elect Obama’s green energy plans, including doubling alternative energy production in the next three years!  FSLR and SPWRA both added more than +4%; [...]