The market managed another winning week, through some mixed economic data. Friday’s unemployment report was disappointing, and yet, somehow, the market made it through with a minor slip. We traded this week beautifully and ended with 100% of our trades in the GR$$N. We locked in profits on Monday and Wednesday; stayed light on Thursday, [...]
Category Archives: LVS
Hammer Time! Markets Deflect Poor Jobs Report
August 7, 2010 – 3:53 pm
What a relief! After that awful jobs report it certainly seemed as if the rally started Monday was going to fizzle out, and maybe break some support levels. Well, the dip buyers had other things in mind. Volume was big early in the session, of course many bailing out on stocks as the BLS released [...]
A Day Of Huge Gains! SPX, Nasdaq, PCLN, POT, AGU, MOS, CF, GOOG, GS, CLF, FSLR, LVS
August 4, 2010 – 4:23 pm
The market pushed higher today as investors cheered better economic data, such as improvement in private employment. The broader market itself only advanced slightly, as SPX added just +6.78 points. But, certain stocks really went higher, including most of our positions. PCLN was the headline grabber. After last night’s blowout earnings and bullish guidance, PCLN jumped [...]
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. [...]
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 [...]
Nasdaq Makes New Yearly High! AAPL, FFIV, SNDK, NFLX, CMG, ICE, CME, WYNN, LVS, COF, AXP, AMZN, MSFT
April 22, 2010 – 4:47 pm
The market opened lower today. The dollar jumped on more worries on Greece and the commodity sectors were weak. However, jobless claims numbers fell and housing sales jumped. The market soon staged a dramatic upswing. Techs led the way. AAPL reached a new all-time high at $266.75, passing MSFT as the second largest company on [...]
Another Solid Week
April 10, 2010 – 6:57 am
Trades A banner week as we picked off winner after winner! April 09, 2010 # 06:30 | Bagger Vance RGLD ($52.00) Sold to Close MJQ 04172010 50 C Apr 50 calls, at $1.70 +113% # April 06, 2010 # 07:43 | Bagger Vance JOYG ($60.30) Sold to Close JQY 041710 60 C Apr 60 calls, [...]
Market Jumps On Healthier Economy! WYNN, LVS, FFIV, CREE, AAPL, NFLX, X
April 5, 2010 – 3:16 pm
The market was strong today as stronger reports on jobs and services industries painted a better economic picture. Casino stocks broke out to new heights: WYNN added +6.3% and LVS soared +9.67%. We caught a quick intraday trade on WYNN for a +50% gain: April 05, 2010 12:15 | HappyTrading WYNN ($82.10) Sold to Close 04C75 [...]
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 [...]
Cashing In On Casino Stocks!
January 6, 2010 – 10:23 am
It’s only a couple of days into the new year, yet the bullish sentiment has just exploded. Opportunities to make trades are all over the place, breadth is strong and that means broad sector moves. Let’s face it, a big lake to fish in beats a tiny pond. At any rate, Monday set up for [...]
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