September 4, 2009 – 12:35 pm
We continue to trade very well in an volatile environment. Here are the closed trades for the week (notable trades, above +50% gain, are highlighted):
September 04, 2009
12:31 | HappyTrading LVS ($15.42) Sold to Close LJJIV Sep 13 calls, at $3.00 +71%
12:25 | HappyTrading CTRP ($53.79) Sold to Close QCTIJ Sep 50 calls, at […]
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 an […]
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). […]
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 […]
February 20, 2009 – 1:11 pm
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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%, […]
By HappyTrading
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Also posted in Uncategorized, GS, Nasdaq, JPM, SPX, XOM, SKF, CVX, WFC, MS, EEV
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January 12, 2009 – 5:08 pm
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Heating up!
Markets took it on the chin today as we get started with earnings season, which promises to be one of the worst in the history of mankind. Breadth was bad for the third time in four days, but turnover was subdued. Sectors were hit […]
January 11, 2009 – 1:31 pm
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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 calls, at $2.15 […]
December 1, 2008 – 4:56 pm
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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 […]
November 20, 2008 – 4:47 pm
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The market started lower at the open, then, attempted to bounce, only to end with a big drop at the close! Yesterday, at the end of the market, I wrote in the Trading Room,HappyTrading November 19, 2008 1:12 PMOIHs on the edge of a new cliff.
This morning, […]
November 19, 2008 – 6:52 pm
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The market had a weak day that just kept on sliding lower and lower. This morning in our Trading Room, a member asked:lsxxxxx November 19, 2008 8:31 AMHey guys, it seems as though the last 2 times we were here at these levels, a buyer […]