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Category Archives: IBM

Gold And Silver Plays Jump! GLD, SLV, AEM, ABX, GOLD, PAAS, SSRI, AIG, AAPL, IBM, GOOG, GS, WFC, JPM

Last night, in my article, I said, "We should see some bounces tomorrow.  But, with this sharp downward momentum, we should see a bit more selling before Friday." Indeed, the market was slightly up for most of the day, but, sank to close in the red just before the close.  But, instead of chasing puts, [...]

Nasdaq At New Height Since October 2008! SPX, Nasdaq, IBM, GOOG, JPM, GS, SNDK, STEC, FCX, X, CNX, MEE, AXP, V, MA

The market spent most of the day trading flat.  But, in the late afternoon, there was a surge of buying just before IBM and GOOG’s earnings reports.  This morning, JPM reported a 36 percent jump in second quarter profits, but, its shares traded flat.  On the other hand, GS pushed higher in the afternoon, and [...]

Stocks Surge After Earnings From Intel (INTC)! SPX, Nasdaq, INTC, GOOG, BIDU, GS, AAPL, FCX, X, CNX, MEE, JPM, IBM

INTC’s superb earnings last night gave the market a nice boost right from the start, and, it never looked back!  The techs and financials were very strong.  INTC shares closed +7.25% higher.  GOOG, which reports earnings after the market tomorrow, jumped $13.48, or +3.17%.  BIDU added $16.76, or +5.6%.  GS, after a muted response directly after [...]

Techs Lead The Market Rally: SPX, Nasdaq, RIMM, AAPL, PALM, GOOG, IBM, DELL, SOHU, CHINA, KONG, STP, YGE

The market opened down today, but, immediately bounced higher, cheering the surging consumer confidence!  Personal computer and smartphone stocks were especially strong, including AAPL +6.76%, RIMM +6.55%, and PALM +10.38%, IBM +3.07%, and DELL +2.67%.  Speaking of smartphone stocks, does GOOG count?  Well, it also jumped today, up $10.86, closing above $400.  This weekend, in [...]

Market Treads Water In Volatile Trading: SPX, Nasdaq, IBM, DNDN, V, MA

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market really has not gone anywhere for about 2 weeks now!  Today, the market started out low, rose higher, but ended basically flat.  The “swine flu fear” certainly seems to add to the confusion, making investors more cautious and nervous at the same time.  A surprise jump [...]

Is The Market Ready To Come Down? SPX, Nasdaq, WFC, STI, NOV, DO, BAC, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market finally came down, in a big way, after 6 weeks of rally!!  Right out the gate, selling was intense, and… the market just kept sliding, until the close!  Weakness was across the board.  Financials and energy sectors were especially weak:  WFC -16.09%; STI -18.46%; NOV -8.75%; [...]

Trading Good Earnings, “After” The Reports: GOOG, IBM, AAPL, SPX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Many investors/traders love to trade earnings.  They are looking for that edge, getting in on the trade before the earnings report comes out to catch a big jump.  In this economy and tremendously volatile market environment, trading earnings is not as easy to do.  A [...]

Financials Lead The Market On A Big Drop! SPX, Nasdaq, STT, PNC, JPM, WFC, GS, AEM, PCP, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This weekend, in my Market Forecast, I warned about the new “bearish formation” in XLF, the ETF for the financial sector.  Right of the gate, the financials stumbled (STT -59.04%; PNC -41.4%; JPM -20.73%; WFC -23.82%; GS -18.96%), and SKF went sky-high (up +28.75% today)!  [...]

Market Stalls As Auto Industry Pleads For Bailout: SPX, Nasdaq, XOM, APA, HES, OXY, HPQ, IBM, RIMM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded all over the place today.  It was slightly up in the morning, then, sank into the red.  In the last hour of trading, the market was able to come up to close in the green.  Much of the attention was on the [...]

Central Banks Cut Rates; Stocks Still Weak! SPX, Nasdaq, GLD, ABX, AEM, GDX, FCX, PCLN, CTRP, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Central banks around the global cut interest rates in a coordinated effort to help ease the credit crisis.  The Fed slashed rates by half-a-point to 1.5%.  The market was very volatile, going up-and-down many times; but, still ended down!  Certain sectors were able to hold [...]