The market jumped out of the gate today on China’s show of confidence in European debt even though the lastest jobs report may not have been inspiring. Investors rushed back in to pick up tech stocks, sending Nasdaq roaring up +81.8 points and into the green for 2010. GOOG added $15 to close above $490. [...]
Category Archives: RIMM
Big Upswing Brings Nasdaq Green For 2010! SPX, Nasdaq, SNDK, BRCM, FFIV, GOOG, BIDU, AMZN, RIMM, AAPL, CLF, WLT, BTU, ACI, APOL, ESI, TLT
May 27, 2010 – 4:12 pm
Market Pushes Higher: SPX, Nasdaq, SPG, MAC, CBL, INTC, IBM, FFIV, BRCM, RIMM, GOOG, ESI, BPI, CECO, DV
April 13, 2010 – 7:20 pm
The market overcame some "morning sickness" and ended the day higher. Techs were strong ahead of INTC’s earnings. GOOG jumped more than $14, or +2.45%. RIMM added more than +$2, trading back above $72. IBM, FFIV, and BRCM were also strong. REITs broke higher yet again! In our Trading Room, I alerted our members early: [...]
Market Wobbles After Economic Data: SPX, Nasdaq, DO, RIG, GOLD, ABX, RGLD, OSTK, RIMM, LIHR
March 31, 2010 – 6:42 pm
The market started the day on the weak side with a weaker-than-expected ADP payroll report. However, oil and gold rose, as the dollar slipped. The commodity sectors kept the market from falling too much. Oil Services were very strong. DO bounced +3.98% while RIG added +3.86%. Gold miners also advanced: GOLD +3.42%, ABX +1.54%, RGLD +1.56%. During the day, [...]
3/12/10 Weekly Wrap POT, GOOG, RIMM
March 13, 2010 – 3:42 pm
The market had another strong week. Financials and techs kept the market higher. Nasdaq continued to plow higher and SPX closed right at 1150; well, 1149.99! We also had a great week, with 100% of the closed trades in the GR$$N We closed out a +87% winner on RIMM early in the week and scored [...]
Financials Help S&P 500 To New High! SPX, Nasdaq, GS, C, PNC, STI, V, MA, RIMM, GOOG, AMZN, AAPL, FSLR, STP, TSL
March 11, 2010 – 9:14 pm
Financials stayed strong today and helped to push S&P 500 to a new 17-month closing high! In my Market Forecast this weekend, I said, "… the market has gone quite far, so it may need a breather through the mid-week. If the market can hold its altitude while letting off some steam, we could see [...]
Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK
February 21, 2010 – 8:43 pm
Last weekend, in my Market Forecast, I wrote: "For the new week, if SPX can push above 1080, the market could rally higher to test 1100. Above 1100, 1120 is the next resistance. Tech stocks should continue higher if the market environment is strong. Gold is ready to push higher. We’ll also be watching to [...]
A Wild Market Week
February 6, 2010 – 5:30 pm
That was quite the rollercoaster ride this week! Something for everyone…bulls and bears. Feasting on the run that started the week, bulls pulled in their horns in advance of Friday’s job report, and while today ended nearly flat that certainly wasn’t the case. A loss of 20K jobs and some very heavy margin selling took the indices [...]
Market Awaits Latest Jobs Data: SPX, Nasdaq, BIDU, GOOG, RIMM, AAPL, CSCO, V, MA, BRCM
February 3, 2010 – 9:25 pm
Yesterday, in my evening article, I said, "After 2 days of bouncing, the market may need a bit of rest tomorrow before some important earnings reports…" Indeed, we saw some profit-taking today. Commodity sectors were mostly weak. BIDU jumped another $23.6, or +5.54% to close just a tad under $450, as Goldman Sachs raised its [...]
Earnings Painting A Prettier Picture? SPX, Nasdaq, ATI, RTI, RIMM, ORCL, NKE
December 17, 2009 – 5:34 pm
The market was in a nervous mood this morning, as jobless claims unexpectedly rose. In addition, the dollar surged and was pressuring stocks. Two days ago, we cashed out our gains and went to mostly cash. Yesterday, in our Trading Room, I cautioned our members after the Fed’s statement was released to not to be too [...]
Market Claws Back Into the Green! SPX, Nasdaq, AAPL, RIMM, X, AMSC, CLF, MEE, CNX, BTU, ACI, GS, RIMM, IBM
December 9, 2009 – 5:41 pm
The market open on the strong side today. It sank down into the red in early afternoon, but, was able to close strongly back into the green! We had a lot of plays going in the Trading Room today. More than a month ago, I talked about AMSC and that the January calls looked attractive. On November [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
