Skip navigation

Category Archives: MA

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLE, XLF, GOLD, NEM, ABX, NOV, APC, APA, HES, GS, MA, BLK

September 19, 2010 – 7:05 pm

The market made further gains this week, in accordance with the Market Forecast last weekend: "For the new week, we’ll once again look to see if the market indices can catch up with the daily upper BB.  Once there, the market should be able to sail higher.  The immediate resistances are still SPX 1200 and Nasdaq 2300.  [...]

By HappyTrading | Also posted in ABX, APA, APC, BLK, GLD, GS, HES, NEM, NOV, XLE, XLF, XME, gold | Comments (0)

Gold Soars To New Record High! SPX, Nasdaq, GLD, GOLD, NEM, AEM, BBY, RDWR, MA, V, GS, CME, GOOG

September 14, 2010 – 4:52 pm

Gold popped higher today to a new record high, trading around $1270/ounce.  Gold miners were equally strong:  GOLD +4.39%, NEM +4.02%, AEM +3.63%.  This morning, retail sales came in better-than-expected.  In addition, BBY delivered a bullish quarter, sending its stock up +6%.  MA and V bounced on the news.  MA added +3.48% and V climbed +2.5%.  [...]

By HappyTrading | Also posted in AEM, BBY, CME, GLD, GOOG, GS, NEM, RDWR, V, gold | Comments (0)

Market Consolidates After Solid Gains Last Week: SPX, Nasdaq, PCLN, MA, V, VECO, CREE, VMW, CRM, CMG

September 8, 2010 – 3:47 pm

After making solid gains last week, the market has been consolidating after the long Labor Day weekend.  Lacking economic news in the US, the market seemed to focus on the European financial system.  Yesterday, the market slumped on worries of European banks.  Today, the market rallied after a successful auction of Portuguese government debt.  Are [...]

By HappyTrading | Also posted in CMG, CREE, CRM, PCLN, V, VECO, VMW | Comments (0)

No Surprises From The Fed: SPX, Nasdaq, NFLX, AKAM, SPWRA, LDK, CREE, DIS, MA, V

August 10, 2010 – 3:23 pm

The market gapped down at the open today, following Asian markets big drop last night.  In the afternoon, the Fed came out with its decision of not changing the interest rate and to take small steps in further stimulating the economy.  The market recovered some of its losses, but, still closed lower. NFLX jumped almost [...]

By HappyTrading | Also posted in AKAM, CREE, DIS, LDK, NFLX, SPWRA, V | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, OIH, XLF, FSLR, TSL, YGE, GS, MA, V, DO, RIG, SLB, RIG, APC

July 5, 2010 – 9:42 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, this week is still range-bound with a bearish bias.  The longer the market hangs below SPX 1080, the more likely we’ll see SPX test 1040 soon again.  However, if the market rises above 1100, we’ll likely see a new bullish formation in SPX’s [...]

By HappyTrading | Also posted in APC, DO, FSLR, GLD, GS, OIH, RIG, SLB, TSL, USO, V, XLF, YGE | Comments (0)

How Fast Things Can Turn: SPX, Nasdaq, APA, BP, RIG, DO, CME, ICE, V, MA, RIMM, AAPL, ORCL

June 24, 2010 – 5:53 pm

Just this Monday, things seemed ready to break out with the Chinese yuan finally loosening its peg to the dollar.  A couple of bad housing reports and a few days later, this market is at the verge of breaking down again!  SPX shot up above 1131 on Monday morning; today, it closed below 1080, at 1073.69.  [...]

By HappyTrading | Also posted in AAPL, APA, BP, CME, DO, ICE, ORCL, RIG, RIMM, V | Comments (0)

Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

June 22, 2010 – 4:49 pm

Since Monday morning’s surge, on China loosening yuan’s peg to the US dollar, the market had been on the defensive.  This morning’s home sales data, which fell unexpectedly, further gave the market reasons to take some profits off the table.  After all, the market has been rallying up 2 weeks straight without taking much of a [...]

By HappyTrading | Also posted in APA, CMG, DECK, EOG, NFLX, RIG, UNP, V | Comments (0)

Markets coiled for a Move

June 17, 2010 – 8:02 pm

Ringing the register today, 3-3 on call plays BOOKED today: 06:41 | Bagger Vance GOLD ($92.00) Sold to Close GOLD 06192010 85 C Jun 85 calls, at $7.70 +83% 06:37 | Bagger Vance MA ($212.00) Sold to Close MA 06192010 210 C Jun 210 calls, at $3.50 +141% 06:33 | Bagger Vance FSLR ($125.00) Sold [...]

By HappyTrading | Also posted in FSLR, gold | Comments (0)

Market Breaks Above Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

June 15, 2010 – 3:06 pm

Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout!  Today, the market cooked up a broadbased rally.  So far, the market has behaved exactly as discussed in my Market Forecast this weekend.  Techs were very strong today.  RIMM led the charge with a +5.85% gain, while AAPL, AMZN, GOOG added [...]

By HappyTrading | Also posted in AAPL, AMZN, APA, APC, BA, BBY, BHP, BP, BUCY, CLF, DO, GOOG, JOYG, PCP, RIG, RIMM, V, WLT | Comments (0)

Market Ends Down In Volatile Trading: SPX, Nasdaq, SHLD, MA, V, GS, CME, ISRG, FSLR, WLT, NFLX, CMG, CSTR

May 19, 2010 – 7:18 pm

The market was weak from the open and sank quickly lower into the morning trading.  We cashed in the rest of our trade on SHLD for profits as big as +347%, in just 2 days: May 19, 2010 07:21 | HappyTrading SHLD ($98.80) Sold to Close 05P105 May 105 put, at $7.10 +347% 07:10 | [...]

By HappyTrading | Also posted in CME, CMG, CSTR, FSLR, GS, ISRG, NFLX, SHLD, V, WLT | Comments (0)