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Category Archives: GE

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, GS, GOOG, AXP, C, IBM, CSX, UNP

Happy MLK Day!  Hope you’ve had a nice long weekend! Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks strong, but, will have to be supported by good earnings.  Breaking and staying above SPX 1150 could be a psychological blow to the shorts.  Steel stocks may have run a bit [...]

Market Transients Reveal Underlying Stock Strength or Weakness: GE, AEM

This mornings deep market transient, in which the SPX fell 1% then climbed back to even, gave us an opportunity to see the internal workings of the market as it separates the losing stocks from the winning stocks. To do this, we can gauge the bullish or bearish bias in a lot of stocks based [...]

Oil, Energy Sectors Lead The Market Lower! SPX, Nasdaq, DO, RIG, SLB, NOV, GE, ORCL, RIMM, POT

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was weak all day today.  Last night, I wrote: “…[VIX's] hourly chart is bottoming.  We have to be a little more careful here, as people are locking in profits.  SPX 900 will be an important support level.  Remember, this is also the options [...]

A Waiting Game: SPX, Nasdaq, JPM, GS, BAC, C, PRU, WFC, PRU, BLK, MA, GE, IMCL, MOS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was very volatile today, but, for the most part, range-bound.  Investors/traders seemed to be nervous, and yet slightly more optimistic, ahead of the Senate’s voting on the modified economic rescue plan.  Financials ended mostly higher:  GS +5.08%; BAC +8.94%; JPM +6.27%; C +12.14%.  [...]