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Category Archives: Uncategorized

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, XME, GLD, GS, C, JPM, WFC, BAC, AIG, CLF, WLT, FCX, X, AA, APA, OXY, HES, DO, SLB, RIG

April 8, 2012 – 8:02 pm

Happy Easter! Last weekend, in my Market Forecast, I wrote, "For the new week, the market may get an early test on the resistance levels again (SPX 1410 and Nasdaq 3100).  Then, the market may struggle a bit to keep above those levels.  On the down side, SPX has support between 1390 and 1400; for [...]

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Weekly Wrap-Up April 5: FFIV, PCLN, GLD, AAPL

April 7, 2012 – 12:18 pm

Well, the market struggled to find a clear direction this week.  However, there are still plenty of good trading opportunities.  The market basically ended flat for the week, but, we traded on both sides and captured another nice week!  We started with a +92% winner on FFIV calls that we held over the weekend.  Then, [...]

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Biotechs Breaking Out! SPX, Nasdaq, FFIV, CMG, MA, LULU, AAPL, PCLN, BIIB, REGN, CELG, VRTX, MDVN

April 3, 2012 – 4:56 pm

Well, things once again are moving along as discussed in my Market Forecast this weekend.  On Monday, the market popped higher and pushed above the recent resistance levels.  But, today, financials did not show much strength.  Further, energy and mining stocks were weak again.  So, the market stalled. However, high-flyers are still flying.  AAPL made [...]

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Market Forecast + Sector Watch: SPX, Nasdaq, USO, XLE, OIH, XME, IGV, XLF, BTU, PCX, CLF, WLT, X, STLD, CRM, VMW, FFIV, CTSH, CTXS, CHKP, WFC, JPM, GS, BLK, MA, V, CELG, GILD, ALXN, REGN

April 1, 2012 – 8:43 pm

Last weekend, in my Market Forecast, we discussed, "For the new week, it seems this market just does not want to go down.  Techs still appear strong.  Nasdaq has resistance between 3090 and 3100.  SPX seems to have resistance at 1410.  We may see the market testing the resistance levels.  Whether or not it will [...]

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Another Great Month! March 2012 Monthly Wrap-Up: IOC, LNKD, GOOG, CF, NFLX, YOKU, FAS, CREE

March 31, 2012 – 7:50 pm

It was "March Madness"!!  The market continued to rally higher to end the best quarter in over a decade!  We had many, many great trades, with most of our trades profittable!  We captured nice trades on both sides, including +152% win on GOOG calls and +142% gain on IOC puts!  Here are the closed trades [...]

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Stocks Take A Breather After Reaching New Highs: SPX, Nasdaq, CF, LNKD, PCLN, AAPL, AMZN, BIDU, ISRG

March 27, 2012 – 3:33 pm

As discussed in my Market Forecast this Sunday, the markets pushed higher.  We also talked about the strength in tech stocks, which continued to help the broader market.  AMZN, in just 6 trading sessions, jumped from $185 to almost hitting $210 intraday today, before sliding down to close at $205.44.  AAPL made, yet, another new [...]

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLE, IGV, FDN, XLF, MA, V, GS, JPM, GOOG, AMZN, PCLN, CHKP, CRM, VMW, ORCL, CTSH, CTXS, ADBE, APA, HES, SLB, OXY

March 25, 2012 – 8:15 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the techs are in a position to lead the market higher.  Financials may need a bit of rest.  However, energy stocks could off set any weakness in financials.  We could see the SPX glide higher.  If the market does push up, techs have [...]

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Taking A Breath, Finally! SPX, Nasdaq, GOOG, NFLX, GMCR, X, CLF, WLT, APA, OXY, SLB, CMI, NKE, ACN

March 22, 2012 – 3:58 pm

On Tuesday, we saw some weakness in the market, as industrials slipped.  But, financials and techs held the market up.  Today, even though the latest jobless claims fell further, the market got weaker.  This time, all major sectors were lower.  We did lock in most of our longside profits on Wednesday, including scoring an intraday [...]

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A Market That Refuses To Go Down! SPX, Nasdaq, TIF, ORCL, GS, AAPL, APA, OXY, DVN, JOY, CAT, CMI

March 20, 2012 – 5:57 pm

The market had a weak start as concerns over China’s growth gave investors and excuse to lock in some profits.  However, the selling really only lasted for about 30 minutes!  Then, dip-buyers came in.  The market spent the rest of the day climbing higher. Energy and industrial stocks were weak:  APA -2.75%, OXY -3.49%, DVN [...]

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Market Forecast + Sector Watch: SPX, Nasdaq, FXI, GLD, USO, MOO, BIDU, SINA, YOKU, SOHU, FMCN, ABX, NEM, POT, CF, AGU, MOS

March 18, 2012 – 7:53 pm

Last weekend, in my Market Forecast, I said, "For the new week, the market stands at an important point.  If the market breaks above and away from 1370, we could see a new leg up.  However, there’s still weakness in mining and energy sectors.  We could see a slow start to begin the week.  Then, [...]

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