Subscribe via Email (FREE) The market finished strongly on Friday. Looking past the unemployment report, and anticipating more Fed help. The market was quite volatile this week and we caught some nice trades on both sides. On Tuesday, we scored an intrady double (entering and exiting the trade on the same day, only a few [...]
Category Archives: VMW
Market Consolidates After Solid Gains Last Week: SPX, Nasdaq, PCLN, MA, V, VECO, CREE, VMW, CRM, CMG
September 8, 2010 – 3:47 pm
After making solid gains last week, the market has been consolidating after the long Labor Day weekend. Lacking economic news in the US, the market seemed to focus on the European financial system. Yesterday, the market slumped on worries of European banks. Today, the market rallied after a successful auction of Portuguese government debt. Are [...]
Market Brushes Aside Earnings From IBM And TXN: SPX, Nasdaq, IBM, TXN, AAPL, CRUS, SNDK, BRCM, VMW, CLF, BTU, STLD, WLT, FCX, X, WFC, NFLX, FFIV, QCOM, SBUX
July 20, 2010 – 2:15 pm
Yesterday, the market eked out a small gain, ahead of IBM and TXN’s earnings. Then, both IBM and TXN disappointed investors with their quarterly reports. Today, the market open gapped down, but, started to bounce almost immediately. Both BTU and STLD delivered solid earnings and commodity sectors soon bounced strongly. Miners did especially well: CLF [...]
Strong Earnings Push The Market Higher! SPX, Nasdaq, CSX, AA, JOYG, GOOG, RIMM, AAPL, AMZN, IBM, PCLN, FFIV, CREE, VMW, CRM
July 13, 2010 – 3:46 pm
Yesterday, after the market, both AA and CSX reported solid earnings. However, CSX ended the day down 1.41% and AA was only up +1.2%. Mining stocks, in general, were only up slightly. JOYG stood out in the crowd, gaining +4.82%. Financials and techs lead the broader market higher. GOOG and RIMM have been popular in [...]
Market Surges After 2 Weeks Of Selloff: SPX, Nasdaq, GOOG, AAPL, NFLX, CREE, VMW, CRM, VECO, GS, PNC, WFC
July 7, 2010 – 3:05 pm
In my Market Forecast this week, I said, "For the new week, the market should be looking for a bounce after the quick fall for the past 2 weeks. The above mentioned levels [SPX 1040; Nasdaq 2150] should be the first resistances. We could see some volatile trading to start the week." Yesterday, the market gapped higher and [...]
Late Selling Sends Market Lower! SPX, Nasdaq, OSG, FRO, TK, AAPL, GOOG, CMG, NFLX, SNDK, VMW, MON, DNDN
June 30, 2010 – 3:51 pm
The market spent most of the day defending the SPX 1040 level. We saw some bounces in the morning. But, like I said in my article last night, "…the momentum is on the downside right now, and, bounces may invite more selling." In the last hour of trading, the selling resumed on heavy volumes, ending [...]
Earnings, Earnings, And More Earnings! SPX, Nasdaq, MS, WFC, GS, QCOM, EBAY, VMW, ISRG, EDU, AMZN, DECK, MSFT, BIDU
July 22, 2009 – 6:02 pm
Financials were weak to start as MS posted a $1.2 billion quarterly loss and WFC, although reporting better-than-expected results, spooked investors with continuing loan problems. MS ended the day flat and WFC lost 3.55%. Financials got stronger during the day. GS closed in the green as it redeemed the outstanding warrants the US government received through [...]
Review 1/28/08: SPX, Nasdaq, CME, NMX, VMW, AXP, WYNN
January 28, 2008 – 6:01 pm
The market opened lower this morning with disappointing new home sales data. But, the market climbed higher all day to close at the day’s high! This weekend, I said in my weekly Market Forecast, “For the new week, I think Monday is going to be very important. The market needs to close above the 10-day [...]
Review 10/24/07: SPX, Nasdaq, FFIV, AKAM, IRBT, VMW, MSFT
October 24, 2007 – 6:00 pm
Yesterday, in my post, I said, “We might still see some volatility, though, as the past 3 trading days have been pretty erratic! I’m doing quick daytrades and holding on to lots of cash.” Today, the market was very volatile, a “down-up-down-up” day. It gapped down at the open and soon slid to the day [...]
Review 10/10/07: SPX, Nasdaq, GOOG, BIDU, VMW, EMC, AKAM, ESRX
October 10, 2007 – 6:00 pm
In my Market Forecast this weekend, I said, “[w]e may see some volatility, though, as some people might be looking to lock in profits.” I also said that “….it might be healthy to see the market let off some steam mid to late week. We’ll have to see if the market can manage to vent [...]
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