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Category Archives: GILD


Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK

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 […]

Market Unstable Ahead Of Busy Wednesday: SPX, Nasdaq, AIG, X, GS, FSLR, SPWRA, AMSC, TSL, AAPL, YHOO, GILD, SANM, SHW

In the past 2 days, the market has been really unstable, trading in a tight range, but, basically unchanged since last Friday’s close.  Tomorrow, lots of things are happening.  Treasure Secretary Timonthy Geithner will be questioned by the Congress on AIG’s bail out.  AIG stock has been falling continuously for the past 4 days, including […]

Cashing Out On Oil, Up Goes The Qs! SPX, Nasdaq, MA, V, DELL, MRVL, DNA, GILD, CPHD

The market was solid today; thanks to a favorable GDP report and declining oil prices. Commodities and energy plays, including the solars, were weak. Techs were strong, as QQQQ (the Qs) went back to nearly $50. Financials also showed strength today, helped partially by MA, which reaffirmed revenue guidance. MA jumped […]

Big Green Day! SPX, Nasdaq, SMH, TXN, ADI, ALTR, XLNX, IBB, TEVA, PRGO, CELG, BMRN, GILD, AMGN, IMCL

Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went […]