Last weekend, in my Market Forecast, I wrote:
"For the new week, a whole lot more earnings reports are coming in… The market is barely being supported by its daily MAs. A quick dip could send it to test SPX 1040 again. It’ll be up to the earnings again. Monday and Tuesday could induce big market […]
By HappyTrading
|
Also posted in POT, SMH, SOXX, AKAM, INTC, XLF, XME, SOHU, FSLR, NOV, AMGN, BRCM, CME, MOT, GLW, PBW, CLF, AEM, CNX, WLP, V, BP
|
The market started off strongly on strong earnings from MS, WFC, and FCX. MS ended the day up +6.26% at $26.8; it traded as high as $27.89. WFC closed only slightly higher, but, did trade up to $27.6. FCX traded above $68 before closing at $66.06, up +2.71%.
However, as Bernanke started to give his testimony […]
By HappyTrading
|
Also posted in EBAY, AAPL, FFIV, FCX, BIDU, ISRG, NFLX, CMG, SBUX, NUE, WFC, MS
|
Yesterday, the market eked out a small gain, ahead of IBM and TXN’s earnings. Then, both IBM and TXN disappointed investors with their quarterly reports. Today, the market open gapped down, but, started to bounce almost immediately. Both BTU and STLD delivered solid earnings and commodity sectors soon bounced strongly. Miners did especially well: CLF […]
By HappyTrading
|
Also posted in IBM, AAPL, FFIV, FCX, X, BRCM, VMW, SNDK, TXN, NFLX, SBUX, CLF, BTU, STLD, WFC, WLT, CRUS
|
Last weekend, I forecasted:
"For the new week, it will be about the earnings. If the earnings are strong and confirm the strength in the economic recovery, the market can continue to rally. Otherwise, the market could turn down to test the recent lows again. On Monday, we’ll hear from AA and CSX after the market. […]
By HappyTrading
|
Also posted in GS, IBM, OIH, AAPL, FCX, XLF, XME, YHOO, INX2, AMZN, SNDK, TXN, NFLX, SBUX, WFC
|
Coming off of AAPL’s blow earnings last night, the market had a strong open. But, sellers came in shortly after the open, and the market sank into the red. It hung around the flatline for most of the day. In the late afternoon, the market experienced a quick drop only to see buyers come back […]
Last weekend, in my Market Forecast, I wrote:
"For the new week, the help that eurozone governments have committed to Greece should inspire the market to a strong start. We could easily see SPX 1200 tested. Nasdaq can rise to test 2480. We’ll also see the beginning of the earnings season, with AA reporting after the […]
By HappyTrading
|
Also posted in EBAY, IBM, AAPL, FFIV, FCX, GLD, XLF, XME, BA, AMGN, INX2, AMZN, EMC, SNDK, MSFT, BTU, MEE, PCX, MCD, MDC
|
Markets finished strong to end the month of March and began the new month strong, too. Good volume on this day with decent breadth and tempered sentiment were the ingredients necessary to push markets to new highs for the year. Gold and oil were the beneficiaries of a weak dollar as volume expanded. Techs were […]
Locking in more gains as the market air gets thinner!
March 30, 2010
06:59 | Bagger Vance RIG ($84.00) Sold to Close RIG 04172010 85 C Apr 85 calls, at $1.60 +45%
06:47 | Bagger Vance BBY ($43.00) Sold to Close BBY 04172010 36 C Apr 36 calls, at $7.00 +226%
06:44 | Bagger Vance AAPL ($236.50) Sold to […]
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 […]
MASSIVE gains in BBY, QCOM, CME booked today!
March 25, 2010
09:20 | Bagger Vance CME ($324.00) Sold to Close CME 041710 320 C Apr 320 calls, at $10.30 +66%
06:57 | Bagger Vance QCOM ($43.25) Sold to Close AAO 04172010 37 C Apr 37 calls, at $6.35 +159%
06:56 | Bagger Vance BBY ($44.65) Sold […]