The market has just been going through big swings this week! This morning, both CAT and UPS reported strong earnings and buyers rushed back into the market. CAT finished the day up +1.69% while UPS jumped +5.23%. FDX outpaced UPS, rising +6.08% (it does look like both FDX and UPS can run much higher from […]
By HappyTrading
|
Also posted in FCX, MOS, AMZN, SNDK, CMG, UPS, AXP, CLF, CAT, WLT, KWK
|
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 […]
By HappyTrading
|
Also posted in AAPL, WYNN, LVS, FFIV, ICE, CME, AMZN, SNDK, NFLX, CMG, COF, AXP
|
Coming off of AAPL’s blow earnings last night, the market had a strong open. But, sellers came in shortly after the open, and the market sank into the red. It hung around the flatline for most of the day. In the late afternoon, the market experienced a quick drop only to see buyers come back […]
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 the […]
By HappyTrading
|
Also posted in EBAY, IBM, AAPL, FFIV, FCX, GLD, XLF, XME, BA, AMGN, QCOM, INX2, AMZN, EMC, SNDK, BTU, MEE, PCX, MCD, MDC
|
I wonder what is more of a distraction for traders: March Madness or all this talk of healthcare reform. I think there is a little of both and more. I tend to watch the market for clues and today was really no more than some profit taking. Remember, you have a million excuses to sell. […]
Well, the report card just came out, and, Microsoft’s Bill Gates is no longer sitting on top! According to Forbes 2010 list of the World’s Billionaires, Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person in the world. After dominating the list 14 times out […]
January 27, 2010 – 7:53 pm
The market was volatile today, as expected. In the morning, while Geithner and Paulson were getting questioned by the Congress, the market remained weak. After AAPL’s media event got started, things became a little better. AAPL did indeed reveal its new tablet, the "iPad". The initial reaction was not so good, as AAPL sold off […]
September 13, 2009 – 8:07 pm
Last weekend, in my Market Forecast, I said,
"For the new week, most sectors seem to have sync’d up to go higher. SPX closed right at its 10-day MA while Nasdaq closed above. Another solid green day, the indices could have the daily upper BB within their reach. The market will need to push the daily […]
By HappyTrading
|
Also posted in gold, FCX, GLD, XME, USO, X, ADBE, ORCL, CLF, AEM, UUP, PAAS, SWH
|
I have guests visiting starting tonight. So, I’ll do a quick wrap-up. The market started out strong and finished stronger. In the morning, both home sales and unemployment numbers were seen as favorable to the economy. Stocks charged higher and higher. Commodity related sectors came back up today. GS led the financials higher, adding $5, […]
By HappyTrading
|
Also posted in GS, Nasdaq, SPX, BIDU, SOHU, FSLR, ISRG, AMZN, EDU, TSL, STP, JOYG, YGE, SPWRA
|
Financials were weak to start as MS posted a $1.2 billion quarterly loss and WFC, although reporting better-than-expected results, spooked investors with continuing loan problems. MS ended the day flat and WFC lost 3.55%. Financials got stronger during the day. GS closed in the green as it redeemed the outstanding warrants the US government received through […]
By HappyTrading
|
Also posted in EBAY, GS, BIDU, QCOM, ISRG, AMZN, EDU, VMW, DECK, WFC, MS
|
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
