October 1, 2008 – 4:40 pm
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The market was very volatile today, but, for the most part, range-bound. Investors/traders seemed to be nervous, and yet slightly more optimistic, ahead of the Senate’s voting on the modified economic rescue plan. Financials ended mostly higher: GS +5.08%; BAC +8.94%; JPM +6.27%; C +12.14%. But, […]
By HappyTrading
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Also posted in GS, Nasdaq, JPM, SPX, MOS, MA, C, PRU, WFC, BAC, BLK, GE
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September 10, 2008 – 3:01 pm
from MyHappyTrading.com (FREE Membership) by HappyTrading! ™
So, the market bounced today! Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow. Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today. Yesterday’s big […]
By HappyTrading
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Also posted in GENZ, HES, CELG, AMGN, DNA, DVN, UPL, BTU, ACI, CNX, MEE, HK
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Today, the market was pretty much all about the biotechs! This morning, BMY announced its intention to buy IMCL for $60/share. The news inspired a jump in the whole biotech sector. BMY shares traded down 1.81% and IMCL shares jumped +37.66%! CELG added +1.85%; OSIP hopped +5.34%; SVNT advanced +2.78%; and […]
Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went […]
By HappyTrading
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Also posted in Uncategorized, SMH, Nasdaq, SPX, BMRN, CELG, AMGN, TXN, IBB, ADI, ALTR, XLNX, TEVA, PRGO, GILD
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The market was stronger today, boosted by a rally in the biotech sector. The agricultural stocks also continued to show strength. In addition, steel stocks displayed solid performances.
The Dow was up +54.72 points; SPX added +6.06 points; and Nasdaq gained +29.58 points.
Here’s how the market looked at the […]
October 7, 2007 – 2:37 pm
HGX (housing)
I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the […]
By HappyTrading
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Also posted in Uncategorized, GS, GENZ, GOOG, FXI, BTK, AMAG, XLF, CMI, CELG, HGX, PCLN, PCP, MA, AMGN, ONXX, BSC, CEPH, OSIP, INX2, AMZN, NTGR, HHH, EDU, JASO, JCI, IR
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September 11, 2007 – 6:36 pm
It was an “up, up, and up more” day!! This weekend, I said, “…we’ll need to see the market bounce pretty soon to get above the daily MAs to keep this recovery going.” With today’s buying actions, it looks like the bulls want to keep this recovery going! The Dow added more […]