This morning, the GDP report was better than expect, coming in at +3.5% (vs. the consensus of +3.2%) for the quarter from July through September. The market was encouraged by the news and rallied back up, after the recent 4-day selloff. The Dow was particularly strong, charging up almost +200 points!! Commodity sectors had sold off hard earlier [...]
Category Archives: PNC
Market Cheers GDP Report: SPX, Nasdaq, FCX, RTP, BTU, ABX, PRU, PNC, HIG, WFC, CLF, PCLN, LVS, WYNN
October 29, 2009 – 8:46 pm
The Market Sinks As The Dollar Bounces: SPX, Nasdaq, MA, HIG, PRU, PNC, SOHU, BIDU
October 26, 2009 – 7:39 pm
The market popped higher this morning. But, after 2 hours of trading, it took a sharp dive and continued lower until the close. It was a similar move as what happened on Friday. In both case, the dollar bounced. Commodity sectors were mostly red. The gold and silver plays were especially weak. Financials also fell [...]
Strong Comeback after Wednesday Drubbing
October 22, 2009 – 6:58 pm
We picked off a nice winner with PNC calls early this am, and look to do the same on some names early on Friday! Nice KACHING here for a few hours time. October 22, 2009 10:49 | Bagger Vance PNC ($51.12) Sold to Close PNCKJ Nov 50 calls, at $2.90 +61% 06:45 | Bagger Vance [...]
August Wrap! PNC, FSLR, GOOG, HIG, WYNN, AIG
August 30, 2009 – 1:50 pm
In August, we extended our monthly winning streak to number "8". Yes, another winning month! Here are the closed trades. Notable ones are in "bold" print for over +50% gain. Besides a few minor losses, our published trades were mostly in the GR$$N. These trades were all published at real-time (you can check our Records Page [...]
Friday Wrap-Up
August 21, 2009 – 12:34 pm
We didn’t trade much last week; so here are the closed trades for the past 2 weeks: August 21, 2009 11:11 | HappyTrading APA ($88.30) Sold to Close APAIR Sep 90 calls, at $2.45 +17% 07:39 | HappyTrading HIG ($20.97) Sold to Close HIGIW Sep 18 calls, at $4.00 +43% August 20, 2009 12:21 | [...]
Great Week: GOOG, HIG, PNC, GS, PCP
August 9, 2009 – 2:39 pm
We had another great week, with 100% GR$$N on our published trades, again: August 07, 2009 12:36 | HappyTrading GOOG ($458.60) Sold to Close GOPHJ Aug 450 calls, at $13.20 +17% 12:21 | HappyTrading HIG ($19.25) Sold to Close HIGHQ Aug 17 calls, at $2.60 +24% August 06, 2009 12:47 | HappyTrading HIG ($17.85) Sold [...]
Financials Rally In A Red Market Day! SPX, Nasdaq, AIG, CIT, ABK, MBI, WFC, BAC, JPM, GS, PNC, CSCO
August 5, 2009 – 5:04 pm
Finally, the market gets a down day. But, there were still plenty of winners. Financials charged up higher today. XLF (financial ETF) added +3.45%, closing above $14! SKF (financial ultrashort ETF) closed at a new low, below $30, at $29.29. AIG was the big story in the sector, jumping +62.72% on the day, up +$8.48 [...]
This Is Where Bulls And Bears Fight It Out!
June 18, 2009 – 8:32 pm
After the big drop on Monday, the market has been very volatile. The overall sentiment has been negative. Today, the market started out strong and was able to keep most of the gains. Financials and health care stocks were among the stronger sectors. For the health care sector, MRK added +3.55%; WLP jumped +5.38%; and, [...]
Market Rallies Higher On Better Unemployment Data: SPX, Nasdaq, GOOG, GS, PNC, BAC, WFC, STT, AAPL, RIMM
June 4, 2009 – 8:11 pm
The market started the day on a good note and just kept on going higher. A drop in unemployment rolls, as well as in first-time claims for jobless benefits, gave buyers reasons to come back in after yesterday’s slide. Most sectors were participated in the rally. Commodity sectors regained their footings. Financials were quite strong. Goldman Sachs (GS) [...]
Slumping Bond Prices Sour Rallying Mood: SPX, Nasdaq, TLT, GOOG, AAPL, RIMM, WFC, GS, PNC
May 27, 2009 – 4:52 pm
The market powered higher in the morning, but, could not hold the altitude. Bonds sold off again as concerns about the mounting government debt increased. TLT, the 20-year Treasury Bond ETF, nearly touched $90 today, dropping from above $97 just 3 days ago! Yesterday’s tech leaders (GOOG, AAPL, and RIMM) were still strong. GOOG traded above [...]
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