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Category Archives: RTP

Another Down Day On The Market: SPX, Nasdaq, FSLR, RTP, CEO, SRS, SKF

After Monday’s big drop, the market opened higher today.  It fluctuated for about 3 hours, then, the selling pressure continued.  Most sectors were higher in the morning, but, they pretty much all turned red before the close.  Some of the big down-movers include:  FSLR -3.88%; RTP -5.07%; CEO -5.42%.  One of our members, skymist, wrote [...]

Choppy Market, But, Still A Good Week!

It’s been a very choppy market.  We traded lightly this week as the market fluctuated in a tight range.  But, we still came out on top, including a +209% trade on BLK.  We also found a quick winning trade in puts on BIDU today: June 12, 2009 11:48 | HappyTrading BIDU ($288.70) Sold to Close [...]

Market Breaks Out To 1-Month High!! PRU, BLK, JPM, MS, CME, ACH, RTP

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Wow, what a day!!  +500 points on the Dow!! Almost +100 points for Nasdaq; and over +50 points higher by SPX!!  Stocks surged today on Treasury’s toxic assets plan and the latest housing data!  There were high flyers everywhere, every sector, especially the financials:  PRU [...]

Financials Lead The Bounce (What A Difference A Day Makes!) SPX, Nasdaq, MS, PNC, JPM, GS, GOOG, CME, MA, RTP, AAPL

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! What a difference a day makes!  Yesterday, the market rushed to dump the financials stocks.  Today, the market bought them back hand-over-fist (MS +28.70%; PNC +37.09%; JPM +25.1%; GS +18.07%)!  Among the top “point” gainers were: GOOG +$20.33; CME +$21.51; RTP +$8.32; MA +$12.92. The [...]

Techs And Mining Push The Market Higher! SPX, Nasdaq, GOOG, RIMM, RTP, CNX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market took a little break yesterday and continued to push higher today.  Technology and mining stocks led the market higher.  GOOG traded above $340 before coming back down to close at $334.  RIMM jumped +7.65% and traded above $47.  RTP made a breakout move, [...]

Market Finishes Up, Commodities Weak: SPX, Nasdaq, CNX, CLF, MEE, RTP, FCX, RIG, SLB, HES

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Market shrugged off a string of bad economic news this morning and traded higher in the afternoon.  There were also talks about Treasury considering plans to lower mortgage rates to help the housing market.  The market was still very volatile, changing directions twice before deciding [...]

Retail Sales Data Spur Another Sell-off! SPX, Nasdaq, POT, X, RTP, DVN, APA, HES, DVN

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower as retail sales plunged 1.2% in September!  The selling picked up momentum as the day went.    Oil prices continued to drop.  Crude closed below $75/barrel.  Commodity-related sectors were particularly weak: POT -21.58%; X -17.72; RTP -20.48%; DVN -16.69%; HES -19.16%; APA -18.24%. [...]

Market Loses Gains To Close Lower! SPX, Nasdaq, POT, MOS, MON, CF, CNX, MEE, BTU, RTP, X, CLF, ATI, GS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was mixed for most of the day.  Techs saw some bounces and kept the market indices on the green side.  On the other hand, commodity-related sectors were weak.  Just yesterday, things were the other way around!  The market got weak after lunch, bounced [...]

Commodities Dive; LEH Down 45%!! SPX, Nasdaq, X, CLF, RTP, MEE, BTU, ACI, CNX, CF, MOS, POT, UPL, DVN, HK, CLR, HES, LEH, AIG

Commodities and related sectors just cannot seem to find a bottom.  The market experienced another broad-based selloff!  Metals, coals, fertilizers, and energy stocks all recorded huge losses.  Metals:  X -12.94%; CLF -11.59%; RTP -8.09%.  Coals:  MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%.  Fertilizers:  MOS -11.88%; POT -8.52%; CF -12.05%.  Energy: UPL -9.31%; DVN -8.11%; [...]

Market Finishes Red From A Big Gap-Up Open: SPX, Nasdaq, RTP, X, BTU, ACI, MEE, MOS, CF, POT

The market had a “gap-up” open today as oil took a huge dive on the news that damages from Hurricane Gustav seemed to be limited.  But, when SPX went above 1300, the market started to turn lower again!  This weekend, in my Market Forecast, I said, “Both indices are still within their recent ranges: SPX 1260-1300; Nasdaq [...]