August 27, 2010 – 11:25 am
A very nice month. Not an easy thing to do in this environment, and, you porbably don’t need me to tell you that. 100% green on the closed trades this week. Here are the trades for the month (trades with +50% or higher profits are highlighted):
August 27, 2010
07:14 | HappyTrading RIMM ($45.60) Sold to […]
Last weekend, in my Market Forecast, I said:
"For the new week, the market looks to be on its way to break higher. The daily upper BBs have opened up; the 10-day MAs are crossing above the 20-day MAs. In addition, the 30-day MAs are trying to turn up. These are all bullish signals. This weekend, China announced […]
By HappyTrading
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Also posted in GS, gold, OIH, GLD, XLF, XME, USO, CME, ABX, NEM, BP
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Just this Monday, things seemed ready to break out with the Chinese yuan finally loosening its peg to the dollar. A couple of bad housing reports and a few days later, this market is at the verge of breaking down again! SPX shot up above 1131 on Monday morning; today, it closed below 1080, at 1073.69. […]
This morning, the latest home sales data came in better than expected. Stocks saw strength right from the start. Energy stocks bounced: SLB +8.81%, HAL +11.96%, APA +4.24%, UPL +10.34%, EOG +6.86%. Coal stocks also attracted buyers back in: WLT +6.13%, CLF +5.95%, PCX +8.95%, BTU +7.65%. The exchanges were very strong as well. Both […]
By HappyTrading
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Also posted in AKAM, FFIV, CREE, CME, SNDK, RIG, SLB, HAL, CLF, UPL, APA, BTU, PCX, WLT, BP, EOG
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The market opened higher this morning, but, immediately started to slide. Euro was also higher this morning, and it too, slipped from the open. As the Euro went lower and lower, so did the market. If you have been reading my articles, you would know that I have been more and more bearish about the […]
Last weekend, in my Market Forecast, I wrote:
"For the new week, how the market does on Monday will be very important. On Sunday, Euro partners agreed to a $145 billion bailout plan for Greece. We’ll have to see how the market reacts to that piece of news. But, there are potentially more negative news to […]
By HappyTrading
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Also posted in GS, GOOG, OIH, GLD, XLF, XME, PCLN, CME, INX2, AMZN, NFLX, RIG, AIG, BP
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The market opened lower today. The dollar jumped on more worries on Greece and the commodity sectors were weak. However, jobless claims numbers fell and housing sales jumped. The market soon staged a dramatic upswing. Techs led the way. AAPL reached a new all-time high at $266.75, passing MSFT as the second largest company on […]
By HappyTrading
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Also posted in AAPL, WYNN, LVS, FFIV, CME, AMZN, SNDK, NFLX, MSFT, CMG, COF, AXP
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February 25, 2010 – 7:50 pm
The market opened lower today as the number of jobless claims increased in the latest data. However, in the afternoon, the market started to reverse its direction. Fertilizers were among the first ones to be bought. CF, in particular, bounced on heavy buy volume after opening below $100/share; it ended up $4.60, or +4.56%, to […]
January 21, 2010 – 8:06 pm
The market opened slightly higher this morning. But, within the first 30 minutes from the open, the market slid into the red. Before the end of the first hour, the market started to drop sharply! In the Trading Room, I warned our members promptly:
January 21, 2010 7:26 AM
VIX
green, be careful…
January 21, 2010 7:26 AM […]
January 3, 2010 – 11:34 pm
Last weekend, in my Market Forecast, I said,
"For the new week, the market still looks strong, but, may need a quick breather early in the week. If the market can keep its altitude while taking a breather, it could easily end higher by the end of the week. On the other hand, if the market […]
By HappyTrading
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Also posted in GS, OIH, JPM, GLD, XLF, USO, MA, NOV, CME, DO, RIG, SLB, V, WFC, BAC
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