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Category Archives: PAAS

Market Bounces After 4 Days of Selling: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, AKAM, PCP, MLM, GLD, SLV, PAAS, GOLD, ABX, NEM, TLT

This morning, after more lousy housing and durable goods data, the market sank lower.  We took the opportunity to lock in our profits on the downside plays: August 25, 2010 10:56 | HappyTrading MLM ($72.30) Sold to Close 09P75 Sep 75 puts, at $4.30 +62% 07:34 | HappyTrading PCP ($111.70) Sold to Close 09P115 Sep [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XME, OIH, GLD, USO, XME, OIH, SLB, DO, RIG, GOLD, NEM, PAAS, CLF, WLT, BTU, BHP

Last weekend, in my Market Forecast, I wrote: "For the new week, things may be a bit tricky.  First of all, it’s options expiration week, so some "maneuvers" are to be expected.  The market is definitely trying to draw a bottom.  But, after charging higher 2 days in a row, we may see some indecisiveness [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, XLF, GOLD, AEM, NEM, ABX, PAAS, GS, MS, JPM, BAC, WFC

Last weekend, in my Market Forecast, I wrote: "For the new week, we should see strength in the market early in the week.  Friday’s jobs report actually paints a very good scenario for the stock market.  While jobs were added, the unemployment rate was left unchanged.  This should help to keep a lid on the [...]

Gold At New Record High! SPX, Nasdaq, GLD, SLV, GOLD, ABX, AEM, PAAS, TSL, STP, YGE, BNI, UNP, CSX

It was a volatile morning while stocks bounced around and experienced fast swings in a tight range.  We got shaken out of a couple of trades in the morning.  But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084/ounce!  Gold surged on news that the Reserve Bank [...]

5-Figure Gain ($$,$$$) On Record Gold!! SPX, Nasdaq, GLD, SLV, AEM, GOLD, ABX, PAAS, BVN

Today, the market was very strong, as the dollar dropped further and the commodity sectors countinued to bounce.  Gold and silver plays broke out higher, as I commented in our Trading Room this morning: October 6, 2009 7:28 AM I slept in today and woke up to a multi-5-figure day!! ($$,$$$) Thanks AEM!!! Gold jumped [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, XME, SWH

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 [...]

Commodity Trades Still On! SPX, Nasdaq, AEM, PAAS, FCX, X, BTU, DO, RIG, SLB

Last night, in my evening article, I said, "The commodity sectors took a breather today.  Coals and steels, however, were mostly green.  Gold and silver plays finally saw some profit-taking today, but, I don’t think they are done going up.  We’ll see if the commodity sectors can draw new buyers in tomorrow and resume their [...]

Gold And Silver Plays Jump! GLD, SLV, AEM, ABX, GOLD, PAAS, SSRI, AIG, AAPL, IBM, GOOG, GS, WFC, JPM

Last night, in my article, I said, "We should see some bounces tomorrow.  But, with this sharp downward momentum, we should see a bit more selling before Friday." Indeed, the market was slightly up for most of the day, but, sank to close in the red just before the close.  But, instead of chasing puts, [...]

Goldman Sachs and Fed Induce Market Rally! SPX, Nasdaq, GS, POT, MOS, CF, MON, PAAS, AEM, SLW, FCX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Market started out the day on a positive note as GS reported “better-than-expected” earnings.  GS posted its first loss, ever, since the firm went public; however, the loss was not as severe as many had feared.  GS shared jumped +14.35% to close at $76.  The [...]

Commodities Continue To Bounce: SPX, Nasdaq, CVX, XOM, DVN, OXY, APA, CHK, PAAS, SLW, AEM, ABX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded in a tighter range today and eked out a gain.  The financials were on the weak side, but, the commodities jumped again!  Energy stocks were very strong: CVX +3.81%; XOM +2.39%; DVN +9.54%; OXY +11.07%; APA +8.75%; CHK +23.22%!  Gold and silver [...]