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Category Archives: SOHU

Can We Move Higher While Overbought?

cs_setInnerHtml(‘video_3a84e5d4-3744-4385-aa81-89760a dee63e’,”);   Breakout or Fantasy? One thing that is NOT fantasy is the results we’ve been racking up, ringin’ the register HARD day after day!  If you’re not getting the trade alerts directly from me you’re gonna kick yourself. Just click here to sign up and pay for everything (and more) with a few [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, PBW, SOXX, SMH, INTC, QCOM, BRCM, AMGN, CNX, CME, FSLR, MOT, NOV, POT, AKAM, AEM, V, CLF, GLW, WLP, BP, SOHU

Last weekend, in my Market Forecast, I wrote: "For the new week, a whole lot more earnings reports are coming in…  The market is barely being supported by its daily MAs.  A quick dip could send it to test SPX 1040 again.  It’ll be up to the earnings again.  Monday and Tuesday could induce big [...]

The Market Sinks As The Dollar Bounces: SPX, Nasdaq, MA, HIG, PRU, PNC, SOHU, BIDU

The market popped higher this morning.  But, after 2 hours of trading, it took a sharp dive and continued lower until the close.  It was a similar move as what happened on Friday.  In both case, the dollar bounced.  Commodity sectors were mostly red.  The gold and silver plays were especially weak.  Financials also fell [...]

Another Super Week!! Big Profits On BIDU & ISRG!

We had another super week!  The market was so strong that it held its altitude on Friday, even with MSFT missing its earnings estimates.  Here are the closed trades for the week: Pretty much 100% GR$$N again!  We mostly opened the trades on Monday and took our profits throughout the week as the market ramped [...]

Quick Wrap-Up For Thursday: SPX, Nasdaq, ISRG, JOYG, SOHU, EDU, AMZN, MSFT, BIDU, GS, FSLR, SPWRA, TSL, YGE, STP

I have guests visiting starting tonight.  So, I’ll do a quick wrap-up.  The market started out strong and finished stronger.  In the morning, both home sales and unemployment numbers were seen as favorable to the economy.  Stocks charged higher and higher.  Commodity related sectors came back up today.  GS led the financials higher, adding $5, [...]

Encouraging Words From Fed Keep The Market Afloat: SPX, Nasdaq, BIDU, NTES, SOHU, SNDA, SINA

Stocks hopped out of the gate this morning, cheering better-than-expected report on durable goods.  But, just before the Fed announced its decision on rates, the market became unstable.  The Fed kept rates unchanged, between 0 and 0.25, and said that inflation is contained.  As usually, the market was very volatile immediately after the Fed’s statements were [...]

Techs Lead The Market Rally: SPX, Nasdaq, RIMM, AAPL, PALM, GOOG, IBM, DELL, SOHU, CHINA, KONG, STP, YGE

The market opened down today, but, immediately bounced higher, cheering the surging consumer confidence!  Personal computer and smartphone stocks were especially strong, including AAPL +6.76%, RIMM +6.55%, and PALM +10.38%, IBM +3.07%, and DELL +2.67%.  Speaking of smartphone stocks, does GOOG count?  Well, it also jumped today, up $10.86, closing above $400.  This weekend, in [...]

Chinese Stocks On Fire, Again! SPX, Nasdaq, STP, YGE, LDK, SOLF, TSL, ACH, CHA, SOHU, CELG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! After a gap-down open, the market quickly worked itself up to green before the first trading hour had passed.  New housing and manufactoring data seemed to fuel more optimism.  Favorable anticipation of what the world leaders at the G20 summit would reveal to help solve the [...]

Financials Lead The Market In Bounce! MS, GS, JPM, WFC, PNC, BIDU, SOHU, CEO, ACH

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market jumped out of the gate this morning, as Citigroup (C) professed that it operated at a profit in the first two months of 2009.  The financials stocks quickly rallied and continued higher throughout the day.  There were many double-digit gainers: GS +15.32%; MS +26.46%; JPM [...]

A Bounce That Did Not Fade? SPX, Nasdaq, BAC, WFC, PRU, JPM, CHL, CHA, EDU, LFC, SOHU, SINA, SNDA

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! 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%; [...]