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Category Archives: TEVA

Market Ends Higher On Reversal: SPX, Nasdaq, GOOG, BIDU, VPHM, INCY, AMAG, FRX, DNDN, TEVA, LVS, WYNN, WMS, MGM

The market opened lower today, but, the weakness lasted no more than 15 minutes.  Buyers came in and picked up stocks on the dip.  Oil gapped lower at the open and most commodity sectors opened in the red.  However, crude ended the day in the green, above $80/barrel!  Biotechs continued to plow higher as BTK [...]

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

Last weekend, in my Market Forecast, I wrote: "For the new week, if SPX can push above 1080, the market could rally higher to test 1100.  Above 1100, 1120 is the next resistance.  Tech stocks should continue higher if the market environment is strong.  Gold is ready to push higher.  We’ll also be watching to [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

Big Green Day! SPX, Nasdaq, SMH, TXN, ADI, ALTR, XLNX, IBB, TEVA, PRGO, CELG, BMRN, GILD, AMGN, IMCL

Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went under [...]