Market is not doing much so far around SPX 880; will probably speed up a bit either up or down in about an hour; but, given it’s a Friday, we probably can’t really trust the late trading, unless key levels are broken. Very nice week. We have all GR$$N on our trades this week! July 10, [...]
Category Archives: SKF
Another Down Day On The Market: SPX, Nasdaq, FSLR, RTP, CEO, SRS, SKF
June 16, 2009 – 5:38 pm
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 [...]
Market Jumps Above Recent Trading Range: SPX, Nasdaq, BIDU, AMZN, DO, ISRG, BNI, X, FCX, ATI
June 1, 2009 – 5:42 pm
The market continued where it left off last Friday and continued higher today! Right out of the gate, better-than-expected economic data, including manufacturing, consumer spending and construction spending, encouraged investors to work more sidelined money back into the stock market. Techs were especially strong, led by the semicondutors (mentioned last night in my Sector Watch). [...]
Weak Retail And Housing Data Spooks Market: SPX, Nasdaq, MGM, WYNN, LVS, BAC, HBAN, FITB, CME, SKF, SRS
May 13, 2009 – 7:18 pm
Right out of the gate, the market was weak today. Retail sales dropped and foreclosures on homes continued rising. Stocks were mostly on the defensive and slipped lower as the day went. Financials continued to fall from their recent heights. BAC fell 10.20%; HBAN slumped 14.86%; FITB dropped 14.70%. In the morning, MGM announced its [...]
Scripting The Market With Technical Analysis: SPX, Nasdaq, GS, PRU, STI, CME, GOOG, SKF
March 12, 2009 – 6:29 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It was a “fun” day on the market today. The market started out pretty solidly, and then, became a bit unstable. The first thing I said, this morning, in our Trade Room was: HappyTrading March 12, 2009 7:33 AM (PST)good morning! market I think we’re going sideways [...]
Ultrashorts: A Good Way to Profit from Volatility (II)
February 20, 2009 – 3:08 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! More than a week ago, I wrote an article, “Ultrashorts: A Good Way to Profit from Volatility“. I talked about how fast ultrashort ETFs, such as SKF and SRS, move, and in a volatile market environment, fast profits can be made from trading the options. Today [...]
GM Asks For $30 Billion More, Markets Tumble! SPX, Nasdaq, GS, WFC, MS, JPM, XOM, CVX, SRS, SKF, EEV
February 20, 2009 – 1:11 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Even though President Obama signed the stimulus plan into law, the economic worries just seemed to be overwhelming for the markets right now. Chrysler requested an addition $5 billion while GM said it may need another $30 billion! Financials led the decline again: GS -11.14%, [...]
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, SLV, USO, BTK, PBW, SKF, SRS
January 11, 2009 – 1:31 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We had another great week last week, including a nearly +200% trade on FSLR and catching the overnight bagger on APOL: 10:55 | FSLR ($161.50) Sold to Close HJQAL Jan 160 calls, at $8.00 +11% 07:58 | AEM ($49.53) Sold to Close AEMAJ Jan 50 [...]
Financials Lead The Market Lower: SPX, Nasdaq, WFC, BAC, JPM, C, PNC, COF, SKF
December 11, 2008 – 4:53 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market hung around flat to higher for most of the day. But, in the last 2 hours, it finally succumbed to the pressure of profit-taking in the energy and commodity-related sectors. The market struggled while political drama over the rescue plan for the automakers [...]
Market Tumbles After Thanksgiving! SPX, Nasdaq, SKF, SRS, DUG, EEV, FXP
December 1, 2008 – 4:56 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! I have been saying for a couple of days that the market needs to take a rest, after consecutive days of gains. The new economic reports this morning gave the market all the reasons that it needs to cash out. The selling never let up [...]
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