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Category Archives: RIMM

Market Mixed After Fed Holds Rates Unchanged: SPX, Nasdaq, AMZN, AAPL, GOOG, RIMM, ADBE

September 21, 2010 – 8:37 pm

As mentioned in my Market Forecast this weekend, "the market may be hesitant ahead of the FOMC meeting on Tuesday."  The market was directionless before the Fed’s decision was announced.  After the Fed announced holding interest rates unchanged and its plan to provide further help if needed, the market still was not able to act [...]

By HappyTrading | Also posted in AAPL, ADBE, AMZN, GOOG | Comments (0)

Market Still Consolidating: SPX, Nasdaq, FDX, RIMM, ORCL, GME, AAPL, AMZN, GLD

September 16, 2010 – 3:17 pm

On Tuesday, in my evening article, I said, "We’ll need to see some strength in the energy and mining stocks to push higher.  Otherwise, we may need to take a breather and consolidate." In the past 2 days, energy and mining stocks were still lacking strength, and the broader market still appeared to be consolidating.  [...]

By HappyTrading | Also posted in AAPL, AMZN, FDX, GLD, GME, ORCL | Comments (0)

Market Bounces After 4 Days of Selling: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, AKAM, PCP, MLM, GLD, SLV, PAAS, GOLD, ABX, NEM, TLT

August 25, 2010 – 3:58 pm

This morning, after more lousy housing and durable goods data, the market sank lower.  We took the opportunity to lock in our profits on the downside plays: August 25, 2010 10:56 | HappyTrading MLM ($72.30) Sold to Close 09P75 Sep 75 puts, at $4.30 +62% 07:34 | HappyTrading PCP ($111.70) Sold to Close 09P115 Sep [...]

By HappyTrading | Also posted in AAPL, ABX, AKAM, AMZN, GLD, GOOG, MLM, NEM, PAAS, PCP, SLV, TLT, gold | Comments (0)

July 2010 Monthly Wrap: POT, GS, GOOG, BP, RIMM

July 31, 2010 – 2:23 pm

It’s been a very choppy month.  Although the market recorded a gain for the month, it went through big swings to get there.  Nevertheless, we came away with some pretty good trades: July 29, 2010 12:54 | HappyTrading GS ($153.00) Sold to Close 08C150 Aug 150 calls, at $5.70 +36% 12:40 | HappyTrading GS ($152.60) [...]

By HappyTrading | Also posted in BP, GOOG, GS, POT | Comments (0)

Market Pulls Back On Latest Economic Data: SPX, Nasdaq, GLW, BA, RIMM, V, AKAM, ESRX, GENZ, AZN

July 28, 2010 – 4:51 pm

The market pulled back today after seeing the reported durable goods numbers were lower than expected.  Investors may also be cautious ahead of the jobless claims report tomorrow and the GDP on Friday.  This morning, GLW reported solid earnings, but, the forward guidance failed to inspire investors.  GLW was down 1.89%.  BA shares also slupmed [...]

By HappyTrading | Also posted in AKAM, AZN, BA, ESRX, GENZ, GLW, V | Comments (0)

Strong Earnings Push The Market Higher! SPX, Nasdaq, CSX, AA, JOYG, GOOG, RIMM, AAPL, AMZN, IBM, PCLN, FFIV, CREE, VMW, CRM

July 13, 2010 – 3:46 pm

Yesterday, after the market, both AA and CSX reported solid earnings.  However, CSX ended the day down 1.41% and AA was only up +1.2%.  Mining stocks, in general, were only up slightly.  JOYG stood out in the crowd, gaining +4.82%.  Financials and techs lead the broader market higher.  GOOG and RIMM have been popular in [...]

By HappyTrading | Also posted in AA, AAPL, AMZN, CREE, CRM, CSX, FFIV, GOOG, IBM, JOYG, Nasdaq, PCLN, Strong Earnings Push The Market Higher! SPX, VMW | Comments (0)

Market Stumbles On Economic Worries: SPX, Nasdaq, APA, EOG, IOC, CLF, WLT, BTU, X, AAPL, GOOG, RIMM, AMZN

June 29, 2010 – 4:41 pm

Last night, Chinese stock market’s Shanghai SE Composite Index dropped more than 100 points, or more than 4%.  This morning, the US market followed the bearish sentiment, gapping lower.  US consumer confidence index fell 10 points in June, the biggest fall since February.  The selling continued throughout the day and the market pretty much ended [...]

By HappyTrading | Also posted in AAPL, AMZN, APA, BTU, CLF, EOG, GOOG, IOC, WLT, X | Comments (0)

How Fast Things Can Turn: SPX, Nasdaq, APA, BP, RIG, DO, CME, ICE, V, MA, RIMM, AAPL, ORCL

June 24, 2010 – 5:53 pm

Just this Monday, things seemed ready to break out with the Chinese yuan finally loosening its peg to the dollar.  A couple of bad housing reports and a few days later, this market is at the verge of breaking down again!  SPX shot up above 1131 on Monday morning; today, it closed below 1080, at 1073.69.  [...]

By HappyTrading | Also posted in AAPL, APA, BP, CME, DO, ICE, MA, ORCL, RIG, V | Comments (0)

Bullish On RIMM? (Huge Volumes On RIMM Calls)

June 23, 2010 – 8:32 pm

Most Analysts have not exactly been positive on RIMM, especially in recent months, as Apple’s iPhone has been dominating the smartphone market.  RIMM’s shares have fallen from around $75 in March to now $60.  Tomorrow after the market, RIMM will report its earnings.  On the same day, however, AAPL is releasing its iPhone 4.  Investors [...]

By HappyTrading | Also posted in AAPL, GOOG | Comments (0)

Market Breaks Above Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

June 15, 2010 – 3:06 pm

Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout!  Today, the market cooked up a broadbased rally.  So far, the market has behaved exactly as discussed in my Market Forecast this weekend.  Techs were very strong today.  RIMM led the charge with a +5.85% gain, while AAPL, AMZN, GOOG added [...]

By HappyTrading | Also posted in AAPL, AMZN, APA, APC, BA, BBY, BHP, BP, BUCY, CLF, DO, GOOG, JOYG, MA, PCP, RIG, V, WLT | Comments (0)