October 6, 2008 – 5:49 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The stock market tumbled today in a “freefall” fashion. At one point, the Dow was down 800 points!! VIX almost hit 60 intraday. Then, the market bounced back. Nasdaq still lost more than 80 points though! Oil services were extremely weak: NOV -10.25%; RIG -6.62%; MON […]
September 8, 2008 – 4:38 pm
from MyHappyTrading.com by HappyTrading! ™
The market started with a huge gap-up open and charged higher, as investors cheered the government bailout of FNM and FRE. But, quickly after the first 15-minutes of trading, things started to lose momentum. The commodities were still very weak. Coals, metals and fertilizers all went even lower today. Techs also […]
The market started out weak today, pressured by earnings from AAPL, TXN, and AXP. But, after the gap-down open, the market climbed all day and accelerated upwards into the close. AAPL traded down nearly $20 in the morning, and ended down only $4.27 at $162.02. One of our brilliant members, Makemoney, jumped […]
The market started day well, especially the mining sector, gapping up on AA’s earnings report late yesterday. But, soon after lunch, things started to turn and VIX started to go up again, as I commented on the member board:
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Posted July 9, 2008 at 9:03 am | Permalink (Edit)
VIX
green. careful…
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Posted July 9, 2008 at 11:05 […]
The market opened down and closed lower! Oil rebounded from the recent drop and traded above $138/barrel intraday. Agriculture stocks were strong. Coals also bounced. Solar plays found some buyers coming back. But, most of the market of pretty dismal.
On the member site today, I commented:
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Posted June 11, 2008 at […]
The market held its ground today, even though Bernanke was talking about the “R”-word. Solar stocks picked up the pace today as did metals. BIDU continued with its run and traded as high as $292 today! Oil jumped and oil services had another good day.
The Dow was down 48.53 points; SPX slid […]
By HappyTrading
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Also posted in Nasdaq, RIMM, SPX, LDK, SPWR, X, FSLR, STP, MON, CLF, YGE
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The Fed slashed the interest rate by another 3/4 point! The market was already up in the morning on better-than-expected earnings from GS and LEH. After the Fed’s rate cut announcement, the market pole-vaulted to its biggest one-day gain since 2002 (even though, just yesterday, the market was still hanging up-side-down)!
Many of our […]
February 7, 2008 – 5:27 pm
The market bounced today after opening lower. Two weeks ago, on 1/22/08, I said,
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Posted January 22, 2008 at 12:21 pm | Permalink (Edit)
market
I’m cautiously “more” optimistic. If this is indeed establishing the bottom, then, we haven’t seen the real bounce yet. The initial bounce will need to take SPX to 1375-1410 (the 2 resistance […]
February 4, 2008 – 7:22 pm
The market spent its time today letting off some steam. It held up well, with techs being a little weaker. This weekend, in my Market Forecast, I said,
“For the new week, I think the market could feel the need to vent. How the market handles the venting will be very important. …If the […]
October 1, 2007 – 6:45 pm
That was a nice way to start the week, the month, and the new quarter!! In my Market Forecast this weekend, I said, “The overall market situation is perhaps better than I had thought. The sideways-trading this week has allowed the market to vent without losing any altitude, and in fact, it gained a […]
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