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Category Archives: HIG

Market Marches On! SPX, Nasdaq, WLT, MEE, ANR, PCX, HIG, BLK, PNC, STI, STT, APA, APC, OXY, HES

The market continued to push higher today, ramping up to new 2010 highs!  Financials were strong today.  FAS (financial bull 3x ETF) hit an intraday high of $96.84.  In early February, FAS touched an intraday low of $60.  That’s a +61% rise from the February low in just a little over one month!!  BLK got [...]

Better Economic Data Inspire The Market: SPX, Nasdaq, GS, GOOG, AMZN, ANF, DNDN, TIVO, PETM, HIG

This morning, better retail sales numbers got the market in a cheerful mood.  In addition, jobless claims were less than expected.  Financials rallied, led by GS, which added +5.89, or +3.73%.  Techs were also strong, led by GOOG and AMZN.  After being "dormant" for the past 2 months, GOOG and AMZN had awakened in the [...]

Market Cheers GDP Report: SPX, Nasdaq, FCX, RTP, BTU, ABX, PRU, PNC, HIG, WFC, CLF, PCLN, LVS, WYNN

This morning, the GDP report was better than expect, coming in at +3.5% (vs. the consensus of +3.2%) for the quarter from July through September.  The market was encouraged by the news and rallied back up, after the recent 4-day selloff.  The Dow was particularly strong, charging up almost +200 points!!  Commodity sectors had sold off hard earlier [...]

The Market Sinks As The Dollar Bounces: SPX, Nasdaq, MA, HIG, PRU, PNC, SOHU, BIDU

The market popped higher this morning.  But, after 2 hours of trading, it took a sharp dive and continued lower until the close.  It was a similar move as what happened on Friday.  In both case, the dollar bounced.  Commodity sectors were mostly red.  The gold and silver plays were especially weak.  Financials also fell [...]

M&A Deals Boost Stocks: SPX, Nasdaq, XRX, ACS, ABT, GS, HIG, AXP, PRU, BLK, CME, ICE

This morning, the market opened higher, encouraged by M&A deals.  Xerox (XRX) announced a $6.5 billion deal to buy ACS.  XRX shares dropped 14.48% while ACS jumped +14.%.  Abbott Laboratories (ABT) said it would pay $6.6 billion for the pharmaceutical business of Belgian chemicals maker Solvay.  ABT shares traded higher by +2.64%. The financials responded [...]

Monthly Wrap: Another $$Super Month!!

We’ve had another $$Super Month!!  Here are the trades closed for the month (you can see more details from our Trade Records Page Updated (CLICK HERE)).  Besides a few trades, our picks were once again mostly GR$$N.  Trades with over +50% gains are highlighted: 10:32 | HappyTrading FSLR ($150.30) Sold to Close QHBJI Oct 145 [...]

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

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, [...]

Clever Move (Down) By The Market! SPX, Nasdaq, AIG, HIG, PRU, BAC, COF, WFC, GS

This morning, the market traded higher as home sales and factory data were better than expected.  But, within minutes after the data were released, the sell-off began.  The financials led the market down and kept dropping until the close.  Insurers were hammered!!  AIG, which tripled in August from less than $15 to a high of [...]

August Wrap! PNC, FSLR, GOOG, HIG, WYNN, AIG

In August, we extended our monthly winning streak to number "8".  Yes, another winning month!  Here are the closed trades.  Notable ones are in "bold" print for over +50% gain.  Besides a few minor losses, our published trades were mostly in the GR$$N.  These trades were all published at real-time (you can check our Records Page [...]

Tuesday Wrap-Up: Biotechs Are Hot!!

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 [...]