Skip navigation

Category Archives: STT

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

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 [...]

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

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 [...]

Market Rallies Higher On Better Unemployment Data: SPX, Nasdaq, GOOG, GS, PNC, BAC, WFC, STT, AAPL, RIMM

The market started the day on a good note and just kept on going higher.  A drop in unemployment rolls, as well as in first-time claims for jobless benefits, gave buyers reasons to come back in after yesterday’s slide.  Most sectors were participated in the rally.  Commodity sectors regained their footings.  Financials were quite strong.  Goldman Sachs (GS) [...]

Financials And Techs Lead The Market In Bounce: SPX, Nasdaq, POT, MOO, HBAN, STT, FITB

After 3 days of profit-taking, the market was strong right from the open today.  Financials and techs led the rebound.  Regional banks were especially jumpy:  HBAN +7.03%, STT +6.52%, FITB +7.12%.  Agriculture stocks continued to push higher.  We got back into both POT and MOO and again scored some nice trades: May 14, 2009 12:50 [...]

Happy Mother’s Day & Another Happy Week!

First of all, Happy Mother’s Day! After a fantastic April, we started May with another "Happy" week!  Here are the published trades: May 08, 2009 12:59 | HappyTrading APA ($84.90) Sold to Close APAEO May 85 calls, at $1.90 +3% 12:46 | HappyTrading FCX ($52.05) Sold to Close FCXEJ May 50 calls, at $3.10 +24% [...]

Bank Stocks Up After Stress Test (Part II): SPX, Nasdaq, JPM, COF, STT, GS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Today, the market opened higher, but, profit-taking immediately followed.  Investors seemed nervous ahead of the "official" stress test results.  Ironically, techs were the weakest, as Nasdaq lost 2.44%!  Financial stocks were jittery as well, and most reversed their early gains to pretty substantial losses.  However, [...]

Bank Stocks Up After Stress Test (Part I)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Just a quick note after the official release of the Bank Stress Test. Here are some stocks jumping in after-hours: BAC STT (no addtional capital needed) GS C (less additional capital than expected) FITB HBAN PNC HIG AXP (no addtional capital needed) USB (no addtional [...]

Financials Lead The Market On A Big Drop! SPX, Nasdaq, STT, PNC, JPM, WFC, GS, AEM, PCP, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This weekend, in my Market Forecast, I warned about the new “bearish formation” in XLF, the ETF for the financial sector.  Right of the gate, the financials stumbled (STT -59.04%; PNC -41.4%; JPM -20.73%; WFC -23.82%; GS -18.96%), and SKF went sky-high (up +28.75% today)!  [...]

Dow Rallies Above 9000! SPX, Nasdaq, JPM, WFC, BAC, PRU, STT, APOL, ESI

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The day after nearly testing 8000, the Dow came back and rallied above 9000, closing at 9065.12!  The market was weak in the morning, but rallied hard in the last hour.  Strength was seen across the board.  Even commodity-related sectors went higher.  Financials lead the [...]

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, [...]