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Category Archives: FAS

Market Keeps Gains On Fed: SPX, Nasdaq, FAS, NFLX, POT, CLF, WLT, FSLR, BIDU, GMCR, AKAM, PALM, HPQ, ABX

As expected, the market was volatile and saw some buying after yesterday’s sharp selloff.  Also as expected, the Fed kept interest rates unchanged, at historic lows.  We locked in some more profits today and also cut the loss on POT ahead of its earnings tomorrow morning: April 28, 2010 11:23 | HappyTrading POT ($109.20) Sold [...]

It Was Prudent To Be Cautious! SPX, Nasdaq, GLD, FAS, NFLX, MA, V, AXP, COF, BWLD, CLF, WLT

We were on the cautious side last week as the market pushed higher.  In our Trading Room, I commented on Thursday last week: April 21, 2010 1:12 PM gold plays may be the best long plays right now… This weekend, in my Market Forecast, I said, "…if any unfavorable news come out of the financial [...]

Goldman Pulls Market Down! BAC, GS, FAS, BIDU, ISRG, CREE, FFIV

It was a crazy day today.  As discussed last night in my article, we were expecting a pullback from the market.  BAC reported better-than-expected earnings, but, it was an "non-event".  At around 10:30am ET, GS was charged by SEC with fraud.  But, even before that announcement, the market was on the weak side.  In the [...]

January 2010 Monthly Wrap: ESI, GOOG, GS, FSLR, FAS, WLT

The market had a horrible week to close out January.  We had downside plays in place, but, got shaken out, as the market was very volatile.  We gave back some gains this week, but, it was still a pretty solid month.  Here are the January closed trades (gains over +50% are highlighted): 12:25 | HappyTrading [...]

Market Pressured By Alcoa’s Earnings: SPX, Nasdaq, BIDU, FAS, HES, WLT, RTP, GOLD

Last night, AA reported earnings that missed the estimates.  The market gapped down at the open and slid lower, although the Dow climbed back up, ending down only 0.34%!  AA shares closed 11.06% lower for the day.  Commodity sectors were weak across the board.  Energy, metals, and miners were all down:  HES -4.01%; WLT -2.9%, [...]