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Category Archives: MGM

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, JPM, LVS, 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, JPM, LVS, MA, SHLD, V, WFC, WYNN | Comments (0)

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 [...]

By HappyTrading | Also posted in AMAG, BIDU, DNDN, FRX, GOOG, INCY, LVS, TEVA, VPHM, WMS, WYNN | Comments (0)

The Dow Hits New 2009 High! SPX, Nasdaq, AXP, MA, V, COF, WYNN, LVS, WMS, MGM, PCLN, HMIN

November 9, 2009 – 4:42 pm

Investors cheered the reassurance from the G-20 to keep economic stimulus measures in place.  The market opened strongly today and continued to go higher until the close.  Most sectors participated in the rally.  Gold recorded new record highs, trading above $1100/ounce.  Oil also went up, trading above $79/barrel.  We locked in some more profits today, including [...]

By HappyTrading | Also posted in AXP, COF, HMIN, LVS, MA, PCLN, V, WMS, WYNN | Comments (0)

Late Buying Pushes Market Higher, Again! SPX, Nasdaq, AMGN, WYNN, LVS, MGM, WMS, CSCO, PRU

August 4, 2009 – 8:16 pm

The market started on a down beat today.  But, it quickly reversed its direction.  More favorable economic data helped to draw sidelined money into the market, including better-than-expected consumer spending and pending home sales.  Biotechs were strong with AMGN adding another $1.53.  Casino stocks jumped today.  Both WYNN and LVS added about +8.5%.  MGM hopped [...]

By HappyTrading | Also posted in AMGN, CSCO, LVS, PRU, WMS, WYNN | Comments (0)

Weak Retail And Housing Data Spooks Market: SPX, Nasdaq, MGM, WYNN, LVS, BAC, HBAN, FITB, CME, SKF, SRS

May 13, 2009 – 7:18 pm

Right out of the gate, the market was weak today.  Retail sales dropped and foreclosures on homes continued rising.  Stocks were mostly on the defensive and slipped lower as the day went.  Financials continued to fall from their recent heights.  BAC fell 10.20%; HBAN slumped 14.86%; FITB dropped 14.70%.  In the morning, MGM announced its [...]

By HappyTrading | Also posted in BAC, CME, FITB, HBAN, LVS, Nasdaq, SKF, SPX, SRS, WYNN | Comments (0)

Markets Hold the Important 900 Level

May 5, 2009 – 8:18 pm

from MyHappyTrading.com by Bagger Vance Sign up for FREE membership! More wins more the new month: May 05, 2009 07:28 | Bagger Vance BIDU ($245.00) Sold to Close BDUEJ May 250 calls, at $7.50 +70% 07:13 | Bagger Vance AAPL ($132.00) Sold to Close APVEF May 130 calls, at $4.55 +49% 07:10 | Bagger Vance CME [...]

By HappyTrading | Also posted in AAPL, BIDU, CME, LDK, MS, STP | Comments (0)

Review 8/22/07: SPX, Nasdaq, BHP, CFC, MGM, GOOG, AAPL, POT, PCP

August 22, 2007 – 5:39 pm

The Dow rose +145.27 points; SPX added +16.95 points; and the Nasdaq gained +31.5 points! WOOHOO!!! Yesterday, I said, “I think if/when SPX and Nasdaq both rise above their 10-day MAs, we’ll see more buyers coming in!” And, they are coming out from everywhere! Check out this map of the market: Noticed that the “basic [...]

By HappyTrading | Also posted in AAPL, BHP, CFC, GOOG, Nasdaq, PCP, POT, SPX, Uncategorized | Comments (2)

Review 8/2/07: Dow, SPX, Nasdaq, LVS, MGM, WYNN

August 2, 2007 – 6:47 pm

Yesterday, I said, “…we’ll need to see a follow-through on this relief rally tomorrow to establish a bottem.” And, today, the market did just that! The Dow closed another +101 points higher; SPX +6.39; and, Nasdaq gained +22.82! Recently, it always makes me “happy” to see XLF green! The financials really need to find a [...]

By HappyTrading | Also posted in DOW, LVS, Nasdaq, SPX, WYNN | Comments (2)