September 29, 2008 – 4:40 pm
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Much anticipation was on the House of Representatives to pass the rescue plan. The $700 billion rescue plan was voted down by 228 to 205. The market took a huge dive! Big point movers include: AAPL -$22.98; GOOG -$50.04; BIDU -$29.55; CME -$$79; FSLR -$26.82; ISRG -$23.61; […]
The market was solid all day today, and kept the rally going. Commodities were once again weak and the oil prices fell further. Techs led the market, although biotechs took a breather. CME, mentioned yesterday, went up another +6.65%, or $24.35, closing above $390! Among our members, angar held on to this […]
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 […]
It was a very volatile day on the market, almost more volatile than on an options expiration day! There were lots of mid-day big swings. For example, X was strong in the morning, trading above $182; it ended at $172.15, down almost $4 for the day (a $10 swing)! The market did […]
This weekend, in my Market Forecast, I said,
“For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is for […]
By HappyTrading
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Also posted in Uncategorized, GS, IBM, GOOG, Nasdaq, SPX, BIDU, CSCO, HPQ, QCOM, BRCM, LEH
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Well, the market just kept on “slip sliding away”. Ironically, the lyrics of this “Simon & Garfunkel” song say, “You know the nearer your destination, the more you slip sliding away.” Funny, these hippie song writers perhaps knew more than what we give them credit for, as the market capitulation may be near.
The […]
January 31, 2008 – 6:47 pm
After a gap-down open, the market started climbing higher. Yesterday, worries about bond insurers reversed a market rally on the Fed’s new rate cut. Today, encouraging comments from the #1 US bond insurer, MBIA (MBI), helped to reverse a down open. Even AMZN ended up +4.7%, after being down 12% in yesterday’s […]
December 6, 2007 – 7:38 pm
“…I have to thank all for a nice 5 figure [$$,$$$] day. You all rock. Still the HAPPIEST place on the net.”
Lithium Rocketbottle
Posted December 6, 2007 at 1:07 pm | Permalink (Edit)
Another big money day on the market! The Dow was up +174.93 points; SPX added +22.33 points; Nasdaq gained +42.67 points! […]
October 8, 2007 – 6:03 pm
The market was flat today, but, quite volatile. The techs were extremely strong, as Nasdaq added another +7 points! The Dow was down 22.28, and SPX was down 5 points.
Let’s take a look at some individual sectors:
INX2 (Internets) and SOX (semiconductors) were strong. XME (metals and miners) managed to barely stay in […]
October 3, 2007 – 8:14 pm
The market finally took a break today, letting off more steam. The Dow lost almost 80 points. SPX gave up 7, and Nasdaq slid 17.68 points. Overall, it wasn’t all that bad, and, the market could use this rest before the earnings start.
Here’s how the market closed:
SOX (semiconductors) was especially […]