Skip navigation

Category Archives: LEH

The Dow Drops 500 Points On Financial Woes! SPX, Nasdaq, LEH, AIG, MER

September 15, 2008 – 2:47 pm

from MyHappyTrading.com by HappyTrading! ™ I’m travelling today, so, I’ll do a quick market write-up.  Over the weekend LEH was unable to solidify a rescue plan for itself and was forced to file bankruptcy.  Further, more concerns over AIG exerted additional pressure.  Even with a buyout offer at $29/share, MER ended almost unchanged at $17.06!  AIG has [...]

By HappyTrading | Also posted in AIG, MER | Comments (0)

Commodities Dive; LEH Down 45%!! SPX, Nasdaq, X, CLF, RTP, MEE, BTU, ACI, CNX, CF, MOS, POT, UPL, DVN, HK, CLR, HES, LEH, AIG

September 9, 2008 – 4:12 pm

Commodities and related sectors just cannot seem to find a bottom.  The market experienced another broad-based selloff!  Metals, coals, fertilizers, and energy stocks all recorded huge losses.  Metals:  X -12.94%; CLF -11.59%; RTP -8.09%.  Coals:  MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%.  Fertilizers:  MOS -11.88%; POT -8.52%; CF -12.05%.  Energy: UPL -9.31%; DVN -8.11%; [...]

By HappyTrading | Also posted in ACI, AIG, BTU, CF, CLF, CLR, CNX, DVN, HES, HK, MEE, MOS, POT, RTP, UPL, X | Comments (0)

Techs Rally While Oil Slides: SPX, Nasdaq, LEH, GS, RIMM, ENER, SPWR, AMAT

June 16, 2008 – 5:24 pm

The market was mixed today, with techs rallying higher. LEH reported a quarterly loss of nearly $3 billion, but, the news was already out last week. LEH shares rebounded +5.39% today, as there were no bad suprises. GS traded as high as $184.75 from Friday’s close of $178.29, and finished at $182.09. Oil started higher, [...]

By HappyTrading | Also posted in AMAT, ENER, GS, Nasdaq, RIMM, SPWR, SPX | Comments (0)

Market Clearing The Bar! SPX, Nasdaq, LEH, GS, GOOG, BIDU, ISRG, IBM, CSCO, HPQ, BRCM, QCOM

April 1, 2008 – 4:12 pm

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 [...]

By HappyTrading | Also posted in BIDU, BRCM, CSCO, GOOG, GS, HPQ, IBM, ISRG, Nasdaq, QCOM, SPX, Uncategorized | Comments (2)

Fed’s Rate Cut Pole-Vaults Market: SPX, Nasdaq, GS, LEH, GOOG, CME, ICE

March 18, 2008 – 5:06 pm

The Fed slashed the interest rate by another 3/4 point! The market was already up in the morning on better-than-expected earnings from GS and LEH. After the Fed’s rate cut announcement, the market pole-vaulted to its biggest one-day gain since 2002 (even though, just yesterday, the market was still hanging up-side-down)! Many of our members [...]

By HappyTrading | Also posted in CME, GOOG, GS, ICE, Nasdaq, SPX, Uncategorized | Comments (0)

Waiting For The Fed: SPX, Nasdaq, JPM, BSC, LEH, UBS, GS, SKF

March 17, 2008 – 6:00 pm

The market was very volatile today. It opened lower but started to recover immediately. It then dropped again in late morning and went below the opening low. But, after lunch, it started to come back up. The Dow ended up +21.16 points; SPX was down 11.54 points; and Nasdaq fell 35.48 points. Here’s how the [...]

By HappyTrading | Also posted in BSC, GS, JPM, Nasdaq, SKF, SPX, UBS, Uncategorized | Comments (0)