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Category Archives: GMCR

Market Ends Down In Volatile Trading: SPX, Nasdaq, POT, GS, SPY, CLF, GMCR, CME, CTXS, WYNN, FSLR, MET

The market started out in the positive territory as jobless claims fell.  However, as I stated last night, "SPX can easily slide down to test 1100 again."  SPX went up as high as 1115.9 and quickly turned lower.  Around noon, SPX had dropped all the way to 1092.  That’s almost 24 points on the SPX, or [...]

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 [...]

GMCR is Vulnerable

Green Mountain Coffee Roasters Inc. enjoyed a fine rise in July and part of August, briefly touching $70, but has weakened considerably since then. At this point, in early September, you can see that we have a chart pattern which is very close to a finished head-and-shoulders formation. This bearish formation appears when a stock [...]