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Category Archives: PCLN

Another Solid Week! PCLN, GOLD

May 14, 2010 – 12:22 pm

It was a volatile week.  But, in the end, the market closed on a weak note.  We were very cautious about chasing longs after Monday’s big jump.  We did catch some good trades on gold/gold miners.  Then, we waited to play puts, which produced a nice +111% profit in PCLN.  Here are the closed trades [...]

By HappyTrading | Also posted in gold | Comments (0)

Markets Jump On Europe’s $1 Trillion Rescue! SPX, Nasdaq, BIDU, GOOG, AAPL, AMZN, SNDK, FFIV, PCLN

May 10, 2010 – 7:21 pm

Global markets enjoyed a day of big bounces!  After last week’s global slump, markets jumped today encouraged by Europe $1 trillion rescue package.  For the US stock market, by the end of the first 30 minutes, most leader stocks were up by more than +5%!!  Techs were especially strong with Nasdaq gaining more than +109 [...]

By HappyTrading | Also posted in AAPL, AMZN, BIDU, FFIV, GOOG, SNDK | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, OIH, XLF, INX2, GS, AIG, RIG, BP, GOOG, AMZN, PCLN, NFLX, CME, ICE

May 9, 2010 – 8:10 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, how the market does on Monday will be very important.  On Sunday, Euro partners agreed to a $145 billion bailout plan for Greece.  We’ll have to see how the market reacts to that piece of news.  But, there are potentially more negative news [...]

By HappyTrading | Also posted in AIG, AMZN, BP, CME, GLD, GOOG, GS, ICE, INX2, NFLX, OIH, RIG, XLF, XME | Comments (0)

Big Profits In A Wild Day! SPX, Nasdaq, GLD, NFLX, EOG, MA, GS, BIDU, PCLN, ISRG

May 6, 2010 – 3:27 pm

What a wild day on the market!  The Dow dropped 700 points in a matter of 15 minutes before coming back 600 points from the day’s low to close.  Take a look at this chart: This is an intraday chart on the Dow for today.  At about 2:30pm ET, the Dow was at around 10630.  [...]

By HappyTrading | Also posted in BIDU, EOG, GLD, GS, ISRG, MA, NFLX | Comments (0)

A Day To Take Profits: QCOM, BBY, AAPL, GOOG, AMZN, PCLN, CLF, WLT, BTU, ACI, MEE

March 25, 2010 – 3:50 pm

This morning, the market rallied to a new 52-week high today, as jobless claims fell.  In addition, QCOM raise its 2nd quarter guidance, while BBY reported a strong quarter with solid forecast.  QCOM shares added +4.98% to close at $42.19; it traded as high as $43.84!  BBY gapped up to $44.79, but, came down to [...]

By HappyTrading | Also posted in AAPL, ACI, AMZN, BBY, BTU, CLF, GOOG, MEE, QCOM, WLT | Comments (0)

Market Makes Gains On Merger Deals: AIG, MIL, OSIP, INCY, MDVN, BIIB, ONXX, BMRN, HGSI, NFLX, BIDU, ISRG, PCLN, GLD, GOLD, AMZN

March 1, 2010 – 9:26 pm

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 | Also posted in AIG, AMZN, BIDU, BIIB, BMRN, GLD, HGSI, INCY, ISRG, MDVN, MIL, NFLX, ONXX, OSIP, gold | Comments (0)

Stocks Take SP500 Above 1100: SPX, Nasdaq, CLF, PCLN, BIDU, FSLR, WMT, DELL

February 18, 2010 – 9:13 pm

The market pushed higher in bumpy trading as February options came to 1 day before their expiration.  In my article on Tuesday, I said, "I think we should see some profit-taking tomorrow, especially if SPX goes up to test 1100.  If SPX does hit 1100 tomorrow, we would look to lock in more profits on [...]

By HappyTrading | Also posted in BIDU, CLF, DELL, FSLR, WMT | Comments (0)

Internet Stocks Jump! CNX, BTU, APA, WLT, PCLN, AMZN, YHOO, EBAY, GOOG

December 23, 2009 – 5:00 pm

This morning, crude inventories came in lower than expected.  New home sales was down, but personal spending and salary rose.  These were enough to keep investors’ jovial holiday spirit.  Energies, coals, and steels (all mentioned yesterday) continued to rise:  CNX+4.94%, BTU +2.58%, APA +0.87%, WLT +1.31%. Internet stocks were hot today.  PCLN recorded a new 52-week [...]

By HappyTrading | Also posted in AMZN, APA, BTU, CNX, EBAY, GOOG, WLT, YHOO | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, INX2

December 13, 2009 – 9:40 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will start with a more bullish stance.  The daily MAs on both SPX and Nasdaq have turned higher.  Nasdaq is already seeing the hint of a new bullish crossover in the MACD.  VIX managed to close just above 21; but, breaking [...]

By HappyTrading | Also posted in AMZN, AXP, COF, GLD, GOOG, INX2, MA, USO, V, XLF | 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, MGM, V, WMS, WYNN | Comments (0)