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Category Archives: STI

Panic Buying In The Financials! SPX, Nasdaq, GS, PRU, BLK, STI, PNC, FRE, FNM, AIG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market had a wild ride today, especially after the Fed announcements.  The Fed kept rates unchanged at nearly zero and launch $1.2 trillion effort to revive the economy, including an additional $750 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.  FRE, [...]

Scripting The Market With Technical Analysis: SPX, Nasdaq, GS, PRU, STI, CME, GOOG, SKF

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 [...]

Will The Follow-Up Stick This Time? SPX, Nasdaq, Citigroup (C), GS, WFC, BAC, JPM, PRU, STI

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Stocks jumped out the gate this morning, as investors appeared to feel a little more relieved on the Citigroup (C) bailout.  C‘s shares jumped +57.82%!  Financial stocks led the rally today: GS +26.47%; WFC +19.58%; BAC +27.2%; JPM +21.39%; PRU +16.26%; STI +26.1%.  Oil closed at $54/barrel and gold traded [...]

Techs Slump, Giving Back Gains From Friday! SPX, Nasdaq, GOOG, BIDU, AMZN, AAPL, RIMM, BAC, PRU, MA, STI

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! As Congress brooded over the bail out plan for the credit crisis, the market continued with its wild swings.  The market opened down and continued lower…and lower…and then, lower, until the close.  Financials and techs led the downward slide.  Techs were especially weak, giving back [...]

The Dow Rockets Up More Than 400 Points! SPX, Nasdaq, STT, LM, STI, PRU, BAC, MA, CME, BIDU, GOOG

from MyHappyTrading.com by HappyTrading! ™ The market went through some huge, swinging actions today.  The market opened up in the morning.  Nasdaq was quickly up +40 points and the Dow was up +180 points.  Then, things turned.  Nasdaq was down almost 30 points at its low and the Dow was down 150 points.  Gold, then, [...]

Another Failed Rally: SPX, Nasdaq, YHOO, MSFT, BIDU, AAPL, GS, STI, PRU, MA, SVNT, CELG

The market started out cheerfully, with techs leading the way. MSFT today said that it would reopen talks to buy YHOO if a new board is elected. YHOO jumped +12%!! BIDU also did well, adding almost $12. AAPL looked strong as well, gaining almost +3%. But, the financials stayed weak, and, soon dragged the whole [...]