September 30, 2008 – 4:07 pm
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This morning, President Bush and various government officials promised to work together to revive the $700 billion rescue plan. This seemed to have given the markets some hope. Most sectors rallied. Dollar also jumped. Financials led the market higher: BAC +15.7%; PRU +11.2%; WFC +12.87%; JPM […]
By HappyTrading
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Also posted in Nasdaq, JPM, SPX, SINA, SNDA, EDU, CHL, LFC, CHA, PRU, WFC, BAC
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February 4, 2008 – 7:22 pm
The market spent its time today letting off some steam. It held up well, with techs being a little weaker. This weekend, in my Market Forecast, I said,
“For the new week, I think the market could feel the need to vent. How the market handles the venting will be very important. …If the […]
October 29, 2007 – 6:11 pm
Nice way to start the week! This weekend, in my Market Forecast, I said, “For the new week, I’m looking for the market to make some continuation of Friday’s rally, although we might still see volatility, especially early on Monday. We have another Fed meeting on Wednesday, so the gains early in the week […]
September 12, 2007 – 6:12 pm
It was a flat day, a day for the market to breathe. The Dow closed down 16.74 points; SPX was up by 7 cents; and, Nasdaq slid 5.4 points. Between yesterday and today, we locked in some pretty good profits on RIMM, BIDU, and GOOG:
RIMM Oct 85 calls, RFYJX, at $6.2, +12.7% […]
What a strange and volatile day!! VIX was over 25 at one point! But, in the last 45 minutes or so, the market charged from the low of the day to close at the high of the day!
As you can see, the Dow closed up more than 150 points, SPX up more than […]