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Category Archives: MDC

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLF, INX2, QCOM, AMGN, EBAY, FFIV, SNDK, MEE, EMC, FCX, BA, MCD, AAPL, IBM, BTU, AMZN, MSFT, MDC, PCX

Last weekend, in my Market Forecast, I wrote: "For the new week, the help that eurozone governments have committed to Greece should inspire the market to a strong start.  We could easily see SPX 1200 tested.  Nasdaq can rise to test 2480.  We’ll also see the beginning of the earnings season, with AA reporting after [...]

Housing And Biotech Stocks Rally: SPX, Nasdaq, DHI, MDC, TOL, PHM, CELG, GENZ, OSIP, CEPH, XNPT, CTRP, SOLR, NETL, CSCO, V, BRCM, YUM

This morning, pending home sales numbers came in better than expected.  In addition, DHI reported its first profittable quarter in 3 years!  Housing stocks were very strong:  DHI +10.92%, MDC +7.73%, TOL +3.59%, PHM +7.48%.  Biotechs also had a good day with the BTK breaking above 1000, yet another all-time high:  CELG +1.39%, GENZ +2.71%, [...]