January 22, 2008 – 5:39 pm
Being pressured by a sell-off in the global financial markets, the Fed finally slashed interest rates by 75 Bps today. This certainly helped the market to minimize the loss today. The market futures were way down this weekend. Even with the rate cut being announced in pre-market hours, the market gapped down […]
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
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Also posted in Uncategorized, GS, GENZ, GOOG, FXI, IMCL, BTK, AMAG, XLF, CMI, CELG, HGX, PCLN, MA, AMGN, ONXX, BSC, CEPH, OSIP, INX2, AMZN, NTGR, HHH, EDU, JASO, JCI, IR
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August 22, 2007 – 5:39 pm
The Dow rose +145.27 points; SPX added +16.95 points; and the Nasdaq gained +31.5 points! WOOHOO!!! Yesterday, I said, “I think if/when SPX and Nasdaq both rise above their 10-day MAs, we’ll see more buyers coming in!” And, they are coming out from everywhere!
Check out this map of the market:
Noticed that the […]
August 16, 2007 – 7:22 pm
Wow, what a day!! We made money on both sides (short and long)!!
We started off with PCU and X puts, purchased yesterday. Right off the bat, those PCU puts doubled overnight!! We sold them way too early, as both PCU and X continued to drop. But, as the market bounced, […]
By HappyTrading
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Also posted in Uncategorized, DOW, Nasdaq, RIMM, SPX, SPWR, PCU, X, CFC, HPQ, DELL
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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
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Also posted in Uncategorized, Nasdaq, RIMM, SPX, VIX, CSCO, PCLN, SYX, HRS, SPWR, ICE
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