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Category Archives: STT

Market Marches On! SPX, Nasdaq, WLT, MEE, ANR, PCX, HIG, BLK, PNC, STI, STT, APA, APC, OXY, HES

March 17, 2010 – 4:42 pm

The market continued to push higher today, ramping up to new 2010 highs!  Financials were strong today.  FAS (financial bull 3x ETF) hit an intraday high of $96.84.  In early February, FAS touched an intraday low of $60.  That’s a +61% rise from the February low in just a little over one month!!  BLK got [...]

By HappyTrading | Also posted in ANR, APA, APC, BLK, HES, HIG, MEE, Market Marches On! SPX, Nasdaq, OXY, PCX, PNC, STI, WLT | Comments (0)

Market At Highest Close In 15 Months! SPX, Nasdaq, IBM, CREE, RMBS, AAPL, APA, WLT, HES, BAC, WFC, BK, STT

January 19, 2010 – 9:09 pm

After brushing aside C’s earnings this morning, the market shifted its focus to the Senate race in Massachusetts.  Health care stocks started to rise because Brown, the Republican’s candidate, was gaining momentum.  Other sectors followed higher.  Energy stocks turned green.  Miners were also strong.  Tonight, Brown secured a victory.  Health care stocks may get a pop [...]

By HappyTrading | Also posted in AAPL, APA, BAC, BK, CREE, HES, IBM, RMBS, WFC, WLT | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, XLE, MA, V, ICE, CME, STT, PNC, BLK

December 27, 2009 – 9:27 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll pay attention to the GDP and retail reports on Tuesday.  Nasdaq looks really strong.  Its daily upper BB has opened up.  Normally, I’d say that Nasdaq is setting up for a breakout.  But, with this "undecided" market environment, we’ll have to wait [...]

By HappyTrading | Also posted in APA, BLK, CME, DO, DVN, GLD, HES, ICE, MA, NOV, OXY, PNC, RIG, SLB, UPL, UUP, V, XLE, XLF, XLT | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, UUP, XLF

December 20, 2009 – 8:24 pm

Last weekend, in my Market Forecast, I said: "For the new week, we have the FOMC meeting on Wednesday.  It’ll be interesting to see how the dollar/gold trade goes ahead of the meeting.  The Fed had already indicated that it will keep the interest rates low for a while.  Since the dollar has bounced quite [...]

By HappyTrading | Also posted in GLD, GS, JPM, MA, PNC, USO, UUP, V, WFC, XLF | Comments (0)

Market Comes Alive On “Mutual-Fund Monday”! SPX, Nasdaq, WLP, ESRX, UNH, PNC, PRU, STT, MA, GOOG, MOS, SEED, GRO

November 23, 2009 – 8:30 pm

The market hopped out of the gate this morning on some "happy feet" as home sales jumped in October to their highest level in more than 2-1/2 years!  In addition, gold continued to make new record highs, trading nearly to $1175/ounce intraday.  As gold went higher, gold miners followed up, which in turn inspired other [...]

By HappyTrading | Also posted in ESRX, GOOG, GRO, MA, MOS, PNC, PRU, SEED, UNH, WLP | Comments (0)

Friday Wrap-Up

August 21, 2009 – 12:34 pm

We didn’t trade much last week; so here are the closed trades for the past 2 weeks: August 21, 2009 11:11 | HappyTrading APA ($88.30) Sold to Close APAIR Sep 90 calls, at $2.45 +17% 07:39 | HappyTrading HIG ($20.97) Sold to Close HIGIW Sep 18 calls, at $4.00 +43% August 20, 2009 12:21 | [...]

By HappyTrading | Also posted in AIG, APA, FSLR, HIG, PNC | Comments (0)

S&P 500 Goes Above 1000! SPX, Nasdaq, FCX, X, RTP, AA, WFC, STT, PRU, MA, V

August 3, 2009 – 5:50 pm

This morning, favorable manufacturing data, which showed signs of the economy recovering, prompted more buyers to jump into the markets.  Stocks pushed the S&P 500 index (SPX) above 1000!  Last night, in my weekly Market Forecast, I pointed out that mining stocks looked ready to break higher.  Today, the mining stocks led the rally:  FCX +8.03%, X [...]

By HappyTrading | Also posted in AA, FCX, MA, PRU, RTP, V, WFC, X | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME

August 2, 2009 – 3:59 pm

Last weekend, in my Market Forecast, I said, "For the new week, although market still looks strong, it is also toppy.  After 2 weeks of rallying, it is starting to look sluggish.  SPX 980 is posing some resistance.  We could see some profit-taking and consolidation here before testing SPX 1000.  SPX 950 now should be [...]

By HappyTrading | Also posted in ABX, AEM, FCX, GLD, GS, STI, UUP, X, XLF, XME, gold | Comments (0)

Another Awesome Week!

July 17, 2009 – 12:48 pm

This has been another awesome week for our "happy traders"!  We are again 100% GR$$N on our published trades!  Yesterday, in our Trading Room, I cautioned our members on chasing GOOG July calls, and, thought that IBM would be a better earnings play: July 16, 2009 10:03 AM techs/GOOG/IBM have gone up so much; GOOG [...]

By HappyTrading | Also posted in AAPL, BIDU, GS, MOS, NTES, SNDK | Comments (0)

Markets Up, Fast And Furious, Thanks Meredith? SPX, Nasdaq, GS, BAC, WFC, JPM, STT, HIG, AIG, PRU, POT, GOOG, BIDU

July 13, 2009 – 4:28 pm

This morning, financials stocks were strong right of the bat and led the market higher all day.  GS received an upgrade from an influential banking analyst, Meredith Whitney, a day before it reports earnings (GS reports tomorrow morning).  GS jumped +5.34% for the day.  Other financials were strong as well:  BAC +9.34%; WFC +8.44%; JPM [...]

By HappyTrading | Also posted in AIG, BAC, BIDU, GOOG, GS, HIG, JPM, Nasdaq, POT, PRU, SPX, WFC | Comments (0)