Skip navigation

Category Archives: JPM

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLE, MOO, XLF, BTU, WLT, ACI, ANR, MEE, POT, MOS, CF, AGU, JPM, WFC, GS, BAC, AIG

August 8, 2010 – 8:11 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, on Monday morning, we’ll get the latest ISM and construction spending data.  For both SPX and Nasdaq, the daily MAs of are moving into a new bullish phase.  To break higher, SPX will have to break above 1120.  For Nasdaq, the resistance is at 2300." [...]

By HappyTrading | Also posted in ACI, AGU, AIG, ANR, BAC, BTU, CF, GLD, GS, MEE, MOO, MOS, POT, WFC, WLT, XLE, XLF, XME | Comments (0)

Making Money In A Down Market! SPX, Nasdaq, GS, PRU, JPM, WFC, SHLD, NFLX, DECK, EOG, WYNN, LVS, MGM

May 20, 2010 – 4:42 pm

In my Market Forecast for this week, I mentioned, "SPX 1120 could provide some initial support, but, below SPX 1120, the market could test SPX 1080."  On Tuesday, in our Trading Room , I said, May 18, 2010 12:13 PM VIX should at least test 40 on this run… From Monday through Wednesday, SPX tested 1120.  [...]

By HappyTrading | Also posted in DECK, EOG, GS, LVS, MGM, NFLX, PRU, SHLD, WFC, WYNN | Comments (0)

Market Slumps With Falling Euro! SPX, Nasdaq, CME, ICE, GS, MA, V, WFC, JPM, SHLD, WYNN, LVS, MGM

May 18, 2010 – 7:07 pm

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 [...]

By HappyTrading | Also posted in CME, GS, ICE, LVS, MA, MGM, SHLD, V, WFC, WYNN | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, XLF, GOLD, AEM, NEM, ABX, PAAS, GS, MS, JPM, BAC, WFC

April 11, 2010 – 7:03 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, we should see strength in the market early in the week.  Friday’s jobs report actually paints a very good scenario for the stock market.  While jobs were added, the unemployment rate was left unchanged.  This should help to keep a lid on the [...]

By HappyTrading | Also posted in ABX, AEM, BAC, GS, MS, NEM, PAAS, WFC, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

January 10, 2010 – 10:59 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

By HappyTrading | Also posted in AA, ABX, BAC, BIIB, BTK, CELG, DO, GLD, GS, INTC, RIG, SLB, TEVA, USO, WFC, XLF, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, GLD, XLF

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 [...]

By HappyTrading | Also posted in BAC, CME, DO, GLD, GS, ICE, MA, NOV, OIH, RIG, SLB, USO, V, WFC, XLF | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, UUP, XLF

December 20, 2009 – 8:24 pm

Last weekend, in my Market Forecast, I said: "For the new week, we have the FOMC meeting on Wednesday.  It’ll be interesting to see how the dollar/gold trade goes ahead of the meeting.  The Fed had already indicated that it will keep the interest rates low for a while.  Since the dollar has bounced quite [...]

By HappyTrading | Also posted in GLD, GS, MA, PNC, STT, USO, UUP, V, WFC, XLF | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, SOXX, XLE

December 6, 2009 – 9:36 pm

Last weekend, in my Market Forecast, I wrote: "Both SPX and Nasdaq were rising back above their daily MAs, until Friday when the Dubai news spooked the market.  VIX jumped to test 26 on Friday and closed just below 25.  However, SPX’s daily MAs have just developed into a new bullish formation!  There are still [...]

By HappyTrading | Also posted in ALTR, AMAT, BAC, BRCM, CVX, GLD, GS, INTC, MRVL, SOXX, TXN, WFC, XLE, XLF, XOM | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, GDX, XLF, XLE

November 15, 2009 – 9:43 pm

Last weekend, in my Market Forecast, I said, "For the new week, the market will start the week in a neutral position.  If SPX and Nasdaq can rise above their respective daily MAs, the market can rally higher.  The immediate resistance levels above the daily MAs are SPX 1080 and Nasdaq 2150.  Although VIX closed below [...]

By HappyTrading | Also posted in ABX, AEM, APA, AXP, BAC, BLK, CVX, GDX, GLD, GS, MA, OXY, PNC, RGLD, SLB, V, WFC, XLE, XLF, XOM, gold | Comments (0)

Intel (INTC) Earnings Boosts Market In After-Hours: SPX, Nasdaq, KBH, TOL, SHW, MCD, INTC, CSX, JPM

October 13, 2009 – 8:04 pm

In my Market Forecast this weekend, I mentioned that the market “may need to rest and trade sideways to start the week.”  Indeed, the market treaded water on Monday and Tuesday.  In our Trading Room yesterday, I said: October 12, 2009 11:20 AM VIX rising, but, should find some resistace around 23.5 [then] we’ll see what [...]

By HappyTrading | Also posted in CSX, INTC, KBH, MCD, SHW, TOL | Comments (0)