The market was very strong today, inspired by a few merger/acquisition deals. This weekend, news reported that AIG was making a deal to sell its Asia-based life insurer AIA Group. AIG was up +4.08% today. This afternoon, it was confirmed that the British insurer Prudential PLC will acquire AIG’s Asian unit for $35 billion. In […]
By HappyTrading
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Also posted in gold, GLD, BMRN, BIDU, PCLN, ONXX, BIIB, ISRG, AMZN, NFLX, AIG, INCY, HGSI, MIL, MDVN
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February 28, 2010 – 8:40 pm
Last weekend, in my Market Forecast, I said,
"For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance. The market has rallied quite far. Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120. So, if SPX 1130 cannot be […]
By HappyTrading
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Also posted in GENZ, UNH, GLD, BTK, XLF, CELG, AMGN, PRU, AIG, UUP, AET, SLXP, NUVA
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February 2, 2010 – 9:42 pm
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%, […]
By HappyTrading
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Also posted in GENZ, NETL, CELG, CTRP, CSCO, BRCM, CEPH, V, TOL, PHM, DHI, MDC, XNPT, SOLR, YUM
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November 8, 2009 – 8:49 pm
Last weekend, in my Market Forecast, I said,
"For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday. What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon. On Friday, the market will get the latest unemployment rate report. […]
By HappyTrading
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Also posted in gold, GLD, BTK, AMAG, XLF, CELG, MA, AMGN, BIIB, ABX, GDX, AXP, V, WFC, PNC, NEM, RGLD
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September 21, 2009 – 8:49 pm
Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors. Indeed today, we saw weakness in these sectors. I also thought that coals and steels may not be done going up, although they also needed to let off more steam. After the morning […]
By HappyTrading
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Also posted in AMAG, CELG, AMGN, EDU, FRE, APOL, FNM, AIG, ESI, INCY, COCO
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The market was strong right from the start, and continued the upward momentum until the close. Strength was present across the board. The biotech sector broke out of its recent range today (mentioned in the Sector Watch this weekend): CELG +2%, OSIP +5.32%, AMGN +1.78%, AMAG +3.58%, LLY +5.12%.
After the market, PALM reported better-than-expected earnings and […]
February 3, 2009 – 4:52 pm
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The market rallied higher today, led by the biotechs. MYGN reported better-than-expected earnings and propelled its shares to an 8-year high, up +17%!! OSIP shares jumped more than +16% on positive results on its cancer drug, Tarceva. BIIB was also among the solid gainers, adding […]
By HappyTrading
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Also posted in GLD, XOM, HES, BIIB, ISRG, LLY, APOL, AEM, APA, ESI, MYGN
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Today, the market was pretty much all about the biotechs! This morning, BMY announced its intention to buy IMCL for $60/share. The news inspired a jump in the whole biotech sector. BMY shares traded down 1.81% and IMCL shares jumped +37.66%! CELG added +1.85%; OSIP hopped +5.34%; SVNT advanced +2.78%; and […]
The market was once again, ALL OVER THE PLACE! It gapped lower at the open, as gold and silver jumped. We cashed out on our gold plays early in the morning:
HappyTrading
Posted July 15, 2008 at 7:04 am | Permalink (Edit)
good morning.
AEM ($79.4)
AEMGO, rest out at $5.3
GLD ($97.25)
GLDHP, out at $5.1
might be a […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, INTC, SPX, HES, CELG, AMGN, DNA, JAVA, UPL, CLR, CHK
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The market was stronger today, boosted by a rally in the biotech sector. The agricultural stocks also continued to show strength. In addition, steel stocks displayed solid performances.
The Dow was up +54.72 points; SPX added +6.06 points; and Nasdaq gained +29.58 points.
Here’s how the market looked at the […]
![[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)
