This weekend, in my Market Forecast, I said,
“The market is fighting to make this recovery stick. Nasdaq tested its daily upper BB last week and its 10-day MA has gone above the 30-day MA. The 20-day MA has turned up. SPX, on the other hand, is seeing the 10-day MA above the 20-day MA, but, […]
By HappyTrading
|
Also posted in GOOG, Nasdaq, AAPL, RIMM, JPM, SPX, CSCO, AMZN, PRU, FNM, WB
|
February 27, 2008 – 8:27 pm
The market was a little volatile today, as we saw some profit-taking in various sectors. But, buyers seemed to be still coming in. This morning, OptionDragon made a great play on AAPL:
optiondragon
Posted February 27, 2008 at 9:15 am | Permalink (Edit)
buying AAPL here with the MAr 125
AAPL ended the day with a $3.81 […]
February 14, 2008 – 6:48 pm
The market slid back down today, as Mr. Fed Chairman, Bernanke, spoke and discussed about the economic concerns. The market pretty much gave back what it gained, with the Dow down 175.26 points, SPX losing 18.35 points, and Nasdaq sliding 41.39 points.
Here’s how the market closed:
Techs were weak: INX2 (Internet) -1.78%; SOX (semiconductors) -2.81%; […]
December 17, 2007 – 5:58 pm
The market struggled all day today and ended near the day’s low. Further economic worries infused the market with anxiety. The Dow ended down 172.65 points; SPX lost 22.05 points; and the Nasdaq stumbled 61.28 points!
Here’s how the market looked at the close:
VIX jumped +5.37%. HGX (housing), surprisingly, closed in the green. […]
November 8, 2007 – 6:59 pm
This market is acting like its on some kind of psychedelic drug - it is “seeing” all sorts of colors!! LOL!! The market opened slightly green, but, quickly faded into the red. Then, it got a little more red. Then, it got a LOT more red! Meanwhile, we’re cashing in […]
October 7, 2007 – 2:37 pm
HGX (housing)
I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the […]
By HappyTrading
|
Also posted in Uncategorized, GS, GENZ, GOOG, FXI, IMCL, BTK, AMAG, XLF, CMI, CELG, HGX, PCP, MA, AMGN, ONXX, BSC, CEPH, OSIP, INX2, AMZN, NTGR, HHH, EDU, JASO, JCI, IR
|
The stock market was in a very cheerful mood today! CSCO’s earnings seems to have inspired buyers to come back in. CSCO shares went up +6.7%, comparing to yesterday’s AH gain of +5.73%. I also mentioned PCLN yesterday with an AH rise of +10%, and it closed up more than +22%!! […]
By HappyTrading
|
Also posted in Uncategorized, Nasdaq, RIMM, SPX, VIX, CSCO, SYX, HRS, PCP, SPWR, ICE
|
So, the Fed holds rates unchanged and the market rallies, as explained by this article from Reuters. According to this article, “The Fed, which also left interest rates unchanged at a policy meeting, buoyed the market by reassuring investors that problems in mortgage lending and corporate finance would not drag on the broader economy.” […]
![[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)
