Last weekend, in my Market Forecast, I discussed, "For the new week, the market will be watching the Euro Summit with a special eye on the Greek debt deal. In addition, more earnings will pile in this week. To break higher, SPX will need to push above 1320. The market has been pushing higher since [...]
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Market Forecast + Sector Watch: SPX, Nasdaq, SLV, MOO, XLE, XME, APA, OXY, EOG, NOV, RIO, BHP, BTU, PCX, ANR, CLF, AGU, CF, POT, MON, MOS, GLD
February 5, 2012 – 9:15 pm
Weekly Wrap-Up 2/3/2012: +229% GMCR, +85% BIDU, +109% NFLX, GS, AAPL
February 5, 2012 – 9:46 am
It was another strong week for the markets, and, we produced another week of "happy" and "ecstatic" trades, including a +229% profit on GMCR, an overight +85% win on BIDU, and an overnight +109% gain on NFLX! Here are the closed trades: 11:05 | HappyTrading FFIV ($124.65) Sold to Close 0210C125 Feb 125 calls, at [...]
More Big Winners As Market Takes Another Pause: SPX, Nasdaq, SINA, GMCR, AMZN, WHR, MDVN, VRTX, MA, V, CME, ICE, ZNGA, LNKD
February 2, 2012 – 10:02 pm
There have been many big movers in the market during these past couple of days. The market pushed higher on Wednesday, as the Euro Summit helped calm nervous investors and better payroll data from US pushed more buyers back in. Facebook’s IPO has been a driver for internet stocks. SINA gained more than $5 in [...]
January 2012 Monthly Wrap-Up: AAPL, NFLX, RVBD, FAS, GS, MA, BIIB, UPS, PPO, AMZN, BRCM, NFLX
January 31, 2012 – 2:51 pm
It’s been an exciting month to begin 2012, Year of the Dragon! This has been the best January for the US stock market for more than 10 years! We rode along with the market and also had an excellent month. With as many trades as I publish, most of the trades in January were profittable: [...]
Some Profit-Taking, Finally… SPX, Nasdaq, NFLX, SNDK, CTXS, OXY, APA, IOC, EOG, RVBD, JNPR
January 26, 2012 – 5:51 pm
The market charged higher at open today, with SPX going above 1333. But, the rally didn’t hold, and some profit-taking finally kicked in. The market was already looking to slip yesterday. However, after Fed’s announcement to keep interest rates low until 2014, stocks pushed higher again. Gold jumped back above $1710/ounce, and further extended gains [...]
Apple (AAPL) Delivers Blowout Quarter On Record iPad and iPhone Sales: SPX, Nasdaq, EMC, PLCM, VMW, AAPL, WDC, CLF, WLT, BTU
January 24, 2012 – 5:14 pm
As I disussed in my Market Forecast this weekend, this market needed to let off some steam and we should be patient with the market in the beginning of the week. The market took a quick pullback in the morning and fell below 1310, to 1306. It was able to climb back to close mixed. [...]
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, SOXX, IGV, TXN, LTCC, XLNX, ALTR, SNDK, GS, WFC, JPM, STI, SLV, FFIV, CRM, VMW, MSFT
January 22, 2012 – 8:24 pm
Happy Chinese New Year! 恭禧發財 龍年行大運! (Gong Xi Fa Cai; May your Year of the Dragon be filled with good fortunes!) Last weekend, in my Market Forecast, I said, "For the new week, earnings season is getting started. Many financial firms will report their earnings, including GS, MS, BAC, WFC, and BLK. Some tech belweathers [...]
Weekly Wrap-Up, Happy Chinese New Year! MA, NFLX, RVBD, GMCR, QCOM
January 22, 2012 – 11:53 am
Happy Chinese New Year! It’s Year of the Dragon, the most revered and auspicious creatures of the Chinese Zodiacs! So far, the market has been really strong to start this Year of the Dragon. We had another really nice week of trading with nearly all of the trades in the GR$$N, with two overnight triple-digit [...]
A Breakout It is! SPX, Nasdaq, TXN, LLTC, ALTR, XLNX, GS, FFIV, RVBD, CRM, NFLX, GOOG, BIDU, MSFT, INTC, IBM, AXP, COF, V, MA
January 19, 2012 – 5:56 pm
On Wednesday morning, TXN and LLTC reported superb earnings and pushed the semiconductor higher. Both TXN and LLTC popped more than +10% between Wednesday and today. After the market on Wednesday, XLNX further confirmed the strength in the sector. ALTR also benefitted from the news and vaulted more than +10% as well. GS stoked the [...]
Almost A Breakout, Almost… SPX, Nasdaq, C, WFC, GS, IBM, AAPL, AMZN, PCLN
January 17, 2012 – 4:09 pm
The market gapped up today on better-than-expected economic data from China. But, financials dragged on the market a bit. Plus, as I mentioned last week, the market technicals remain toppy. SPX popped above 1300, but, could not hold it for the close. After the first hour of trading, things started to slide lower. C was [...]
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