Skip navigation

Category Archives: INCY

Market Ends Higher On Reversal: SPX, Nasdaq, GOOG, BIDU, VPHM, INCY, AMAG, FRX, DNDN, TEVA, LVS, WYNN, WMS, MGM

March 22, 2010 – 8:38 pm

The market opened lower today, but, the weakness lasted no more than 15 minutes.  Buyers came in and picked up stocks on the dip.  Oil gapped lower at the open and most commodity sectors opened in the red.  However, crude ended the day in the green, above $80/barrel!  Biotechs continued to plow higher as BTK [...]

By HappyTrading | Also posted in AMAG, BIDU, DNDN, FRX, GOOG, LVS, MGM, TEVA, VPHM, WMS, WYNN | Comments (0)

Market Makes Gains On Merger Deals: AIG, MIL, OSIP, INCY, MDVN, BIIB, ONXX, BMRN, HGSI, NFLX, BIDU, ISRG, PCLN, GLD, GOLD, AMZN

March 1, 2010 – 9:26 pm

The market was very strong today, inspired by a few merger/acquisition deals.  This weekend, news reported that AIG was making a deal to sell its Asia-based life insurer AIA Group.  AIG was up +4.08% today.  This afternoon, it was confirmed that the British insurer Prudential PLC will acquire AIG’s Asian unit for $35 billion.  In [...]

By HappyTrading | Also posted in AIG, AMZN, BIDU, BIIB, BMRN, GLD, HGSI, ISRG, MDVN, MIL, NFLX, ONXX, OSIP, PCLN, gold | Comments (0)

Biotechs Keeps Nasdaq In The Green: SPX, Nasdaq, CELG, AMGN, INCY, OSIP, AMAG, AIG, FNM, FRE, ESI, APOL, COCO, EDU

September 21, 2009 – 8:49 pm

Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors.  Indeed today, we saw weakness in these sectors.  I also thought that coals and steels may not be done going up, although they also needed to let off more steam.  After the morning [...]

By HappyTrading | Also posted in AIG, AMAG, AMGN, APOL, CELG, COCO, EDU, ESI, FNM, FRE, OSIP | Comments (0)

Biotech Index At New All-Time Closing High! GS, HIG, PRU, AIG, CNX, BTU, ACI, MEE, DNDN, SPPI, HGSI, PDLI, INCY

September 14, 2009 – 8:21 pm

The market opened lower today, but, closed in the green, again!  As I mentioned in my Market Forecast on Sunday, "[T]he market needs to let off some more steam."  It did so in the morning.  We continued to discussed the importance of the commodity sectors, which were mostly in the red on Monday morning.  But, [...]

By HappyTrading | Also posted in ACI, AIG, BTU, CNX, DNDN, GS, HGSI, HIG, MEE, PDLI, PRU, SPPI | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, SOXX, BTK

May 31, 2009 – 8:22 pm

Last weekend, in my Market Forecast, I wrote: "Although this rally looks to be struggling, I’m not necessarily convinced that it is done.  We are mostly in cash and will be prepared to trade on either side.  If the market indices break the support at the 30-day MA, we may see the slide accelerate.  SPX [...]

By HappyTrading | Also posted in BTK, ELN, HGSI, OIH, OXGN, SNY, SOXX, USO | Comments (0)