The market pulled back today after seeing the reported durable goods numbers were lower than expected. Investors may also be cautious ahead of the jobless claims report tomorrow and the GDP on Friday. This morning, GLW reported solid earnings, but, the forward guidance failed to inspire investors. GLW was down 1.89%. BA shares also slupmed […]
February 28, 2010 – 8:40 pm
Last weekend, in my Market Forecast, I said,
"For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance. The market has rallied quite far. Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120. So, if SPX 1130 cannot be […]
By HappyTrading
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Also posted in UNH, GLD, BTK, XLF, CELG, AMGN, OSIP, PRU, AIG, UUP, AET, SLXP, NUVA
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February 21, 2010 – 8:43 pm
Last weekend, in my Market Forecast, I wrote:
"For the new week, if SPX can push above 1080, the market could rally higher to test 1100. Above 1100, 1120 is the next resistance. Tech stocks should continue higher if the market environment is strong. Gold is ready to push higher. We’ll also be watching to see […]
By HappyTrading
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Also posted in GOOG, Nasdaq, AAPL, RIMM, GLD, BTK, USO, CELG, AMGN, AMZN, ABX, TEVA, GILD, UUP, Market Forecast + Sector Watch + Weekly Wrap: SPX
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February 2, 2010 – 9:42 pm
This morning, pending home sales numbers came in better than expected. In addition, DHI reported its first profittable quarter in 3 years! Housing stocks were very strong: DHI +10.92%, MDC +7.73%, TOL +3.59%, PHM +7.48%. Biotechs also had a good day with the BTK breaking above 1000, yet another all-time high: CELG +1.39%, GENZ +2.71%, […]
By HappyTrading
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Also posted in NETL, CELG, CTRP, CSCO, BRCM, CEPH, OSIP, V, TOL, PHM, DHI, MDC, XNPT, SOLR, YUM
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August 25, 2009 – 4:30 pm
Yesterday, the market jumped in the morning, then, retreated in the afternoon. Today, it was a similar scenario, although the markets did manage to keep some gains. We continued to lock in profits. Yesterday we took profits on HIG and APA:
August 24, 2009
07:26 | HappyTrading APA ($89.65) Sold to Close APAIR Sep 90 calls, […]
The market was obviously nervous today ahead of AAPL and YHOO earnings. After opening higher in the morning, the market drifted into the red. AAPL traded down to just below $150/share. But, soon after lunch, buyers came in again, and the market was able to finish higher. Biotechs continued to be strong today. HGSI jumped […]
By HappyTrading
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Also posted in AAPL, CELG, FSLR, YHOO, AMGN, QCOM, TSL, STP, YGE, WFC, MS, HGSI, SPPI
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from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The market was very volatile today. SPX closed below 700 today. Not a good sign! This weekend, in my Market Forecast, I said,
“For the new week, SPX and Nasdaq look like they are on the start of a new leg down. SPX 700 and Nasdaq 1300 are […]
January 13, 2009 – 9:38 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The market overcame afternoon weakness to close slightly higher. Energy and biotech stocks were strong: AMAG +3.21%; BIIB +2.44%; GENZ +2.23%; OXY +3.57%; HES +3.39%; RIG +2.93%. Financial stocks also bounced. This morning, I said in the Trading Room:
HappyTrading January 13, 2009 7:18 AMmarket things will […]
December 17, 2008 – 3:51 pm
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The market started the day down, but climbed higher. Just when it made it into the green, it faded again. It looked like people were locking in profits. But, there were also people buying on the dips. Thus, the market closed slightly lower. Oil continued to fall, […]
September 10, 2008 – 3:01 pm
from MyHappyTrading.com (FREE Membership) by HappyTrading! ™
So, the market bounced today! Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow. Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today. Yesterday’s big […]
By HappyTrading
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Also posted in IMCL, HES, CELG, AMGN, DNA, DVN, UPL, BTU, ACI, CNX, MEE, HK
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![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
