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Category Archives: HGSI

Market Makes Gains On Merger Deals: AIG, MIL, OSIP, INCY, MDVN, BIIB, ONXX, BMRN, HGSI, NFLX, BIDU, ISRG, PCLN, GLD, GOLD, AMZN

March 1, 2010 – 9:26 pm

The market was very strong today, inspired by a few merger/acquisition deals.  This weekend, news reported that AIG was making a deal to sell its Asia-based life insurer AIA Group.  AIG was up +4.08% today.  This afternoon, it was confirmed that the British insurer Prudential PLC will acquire AIG’s Asian unit for $35 billion.  In [...]

By HappyTrading | Also posted in AIG, AMZN, BIDU, BIIB, BMRN, GLD, INCY, ISRG, MDVN, MIL, NFLX, ONXX, OSIP, PCLN, gold | Comments (0)

Biotech Index At New All-Time Closing High! GS, HIG, PRU, AIG, CNX, BTU, ACI, MEE, DNDN, SPPI, HGSI, PDLI, INCY

September 14, 2009 – 8:21 pm

The market opened lower today, but, closed in the green, again!  As I mentioned in my Market Forecast on Sunday, "[T]he market needs to let off some more steam."  It did so in the morning.  We continued to discussed the importance of the commodity sectors, which were mostly in the red on Monday morning.  But, [...]

By HappyTrading | Also posted in ACI, AIG, BTU, CNX, DNDN, GS, HIG, INCY, MEE, PDLI, PRU, SPPI | Comments (0)

Tuesday Wrap-Up: Biotechs Are Hot!!

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 [...]

By HappyTrading | Also posted in APA, BCRX, GENZ, GOOG, HIG, MYGN | Comments (0)

AAPL To $180? SPX, Nasdaq, AAPL, YHOO, FSLR, TSL, YGE, STP, AMGN, CELG, GENZ, HGSI, SPPI, MS, WFC, QCOM

July 21, 2009 – 4:32 pm

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 | Also posted in AAPL, AMGN, CELG, FSLR, GENZ, MS, QCOM, SPPI, STP, TSL, WFC, YGE, YHOO | Comments (0)

Market Rally Continues! SPX, Nasdaq, CIT, HGSI, TXN, LM, JDAS, V, MA, AXP, FCX, X, BTU, RTP

July 20, 2009 – 4:35 pm

After hearing that CIT managed to secure a financing deal, the market opened higher.  Commodity sectors led the charge (see Sector Watch from last night’s article).  Miners were especially strong:  FCX added +2.7% (earnings tomorrow morning); X jumped +5.51%; BTU was up +5.04% (upgrade today); RTP hopped $6.5!  Credit card companies also traded higher:  V [...]

By HappyTrading | Also posted in AXP, BTU, CIT, CLF, CNX, FCX, JDAS, LM, MA, MEE, PCU, RTP, TXN, V, X | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, SOXX, BTK

May 31, 2009 – 8:22 pm

Last weekend, in my Market Forecast, I wrote: "Although this rally looks to be struggling, I’m not necessarily convinced that it is done.  We are mostly in cash and will be prepared to trade on either side.  If the market indices break the support at the 30-day MA, we may see the slide accelerate.  SPX [...]

By HappyTrading | Also posted in BTK, ELN, INCY, OIH, OXGN, SNY, SOXX, USO | Comments (0)