Well, it’s nearly the end of the year, with only 2 trading days left (Friday is the 1st and it’s a market holiday). The volume was light and the market took a breather, which was discussed in my Market Forecast this weekend. Not much new development besides pockets of strength here and there. On Monday, [...]
Category Archives: ICE
Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, XLE, MA, V, ICE, CME, STT, PNC, BLK
December 27, 2009 – 9:27 pm
Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll pay attention to the GDP and retail reports on Tuesday. Nasdaq looks really strong. Its daily upper BB has opened up. Normally, I’d say that Nasdaq is setting up for a breakout. But, with this "undecided" market environment, we’ll have to wait [...]
M&A Deals Boost Stocks: SPX, Nasdaq, XRX, ACS, ABT, GS, HIG, AXP, PRU, BLK, CME, ICE
September 28, 2009 – 8:12 pm
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 [...]
Mapping Market’s Every Move! SPX, Nasdaq, ICE, CME, GOOG, AMGN, AA (Part II)
July 8, 2009 – 5:10 pm
(continued from Part I) This morning, AMGN shares jumped as it released positive "bone-drug" study results. AMGN shares traded almost $61/share from yesterday’s close of $52.23. AMGN closed up +13.92% at $59.5. GOOG also unveiled more positive news on its new desktop computer operating system. I wrote an article about GOOG’s OS in the beginning [...]
Mapping Market’s Every Move! SPX, Nasdaq, ICE, CME, GOOG, AMGN, AA (Part I)
July 8, 2009 – 5:08 pm
The market opened higher today. But, the selling pressure was still heavy, and, the market soon sank lower. In the Trading Room today, ICE and CME puts were still among the favorite plays (see news from yesterday): billbigd July 8, 2009 6:44 AM ICE baby ICE $3 to 13.6 Frosty Muggs July 8, 2009 6:49 [...]
Market Slumps To Test Support Levels: SPX, Nasdaq, ICE, CME, RIMM, GOOG, AAPL
July 7, 2009 – 5:56 pm
In my Market Forecast this weekend, I talked about the market testing SPX 880 and Nasdaq 1750. We have arrived at those levels. The market was weak from the start and sank lower as the day went. Most sectors were down, with techs leading the drop. GOOG and RIMM both lost more than 3%. AAPL fell [...]
Market Ends Flat, In A Tight Range: SPX, Nasdaq, GOLD, BIDU, FSLR, ICE, BLK, DECK, AAPL
June 8, 2009 – 9:24 pm
Last Friday, we cashed out on our gains after the strong open. I said in the Trading Room: June 5, 2009 7:20 AM I’m calling a long weekend. will sleep in on Monday! This morning, the market opened down. But, it climbed back up in the afternoon and turned green before closing flat. A lot of [...]
Choppy Market Conditions; Still A Good Week!
May 23, 2009 – 11:21 am
First of all, happy Memorial Day Weekend! This week was rather choppy. The market struggled to find a direction, but did managed to close slightly up for the week. We mostly held on to cash and still made some pretty good trades. Since the market environment was unstable, it was a "stock-picking" weeking, and, we [...]
Happy New Year!!
December 31, 2008 – 1:24 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We locked in some profits from yesterday’s trades:01:00 | HappyTrading PCLN ($73.70) Sold to Close PUZAN Jan 70 calls, at $5.50 +45% 11:06 | HappyTrading ICE ($82.70) Sold to Close ICEAP Jan 80 calls, at $6.70 +37% 07:23 | HappyTrading PCLN ($72.30) Sold to Close [...]
Trading The Bounce: SPX, Nasdaq, CHK, OXY, HES, XOM, APA, FSLR, ICE
November 13, 2008 – 7:23 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last night, I wrote, “And, here we are: SPX 850 and Nasdaq 1500 being tested. After the market, INTC slashed its 4Q outlook. INTC shares fell more than 7% in AH trading. Techs were all hit too. Looks like we’ll see a gap down tomorrow. [...]
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