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Category Archives: WMS

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

March 22, 2010 – 8:38 pm

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 [...]

By HappyTrading | Also posted in AMAG, BIDU, DNDN, FRX, GOOG, INCY, LVS, MGM, TEVA, VPHM, WYNN | Comments (0)

The Dow Hits New 2009 High! SPX, Nasdaq, AXP, MA, V, COF, WYNN, LVS, WMS, MGM, PCLN, HMIN

November 9, 2009 – 4:42 pm

Investors cheered the reassurance from the G-20 to keep economic stimulus measures in place.  The market opened strongly today and continued to go higher until the close.  Most sectors participated in the rally.  Gold recorded new record highs, trading above $1100/ounce.  Oil also went up, trading above $79/barrel.  We locked in some more profits today, including [...]

By HappyTrading | Also posted in AXP, COF, HMIN, LVS, MA, MGM, PCLN, V, WYNN | Comments (0)

Commodity Sectors Push SP 500 To New Height: SPX, Nasdaq, FCX, X, CNX, BTU, MEE, CLF, LVS, WYNN, WMS

August 13, 2009 – 6:35 pm

After yesterday’s strong showing, the market pushed higher today.  In my article last night, I said, "I think we’ll need to see the commodity sectors push higher in order for the broader market to break above the recent resistance levels." Today the commodity sectors responded.  Miners were very strong.  FCX closed above $66 with a [...]

By HappyTrading | Also posted in BTU, CLF, CNX, FCX, LVS, MEE, WYNN, X | Comments (0)

Late Buying Pushes Market Higher, Again! SPX, Nasdaq, AMGN, WYNN, LVS, MGM, WMS, CSCO, PRU

August 4, 2009 – 8:16 pm

The market started on a down beat today.  But, it quickly reversed its direction.  More favorable economic data helped to draw sidelined money into the market, including better-than-expected consumer spending and pending home sales.  Biotechs were strong with AMGN adding another $1.53.  Casino stocks jumped today.  Both WYNN and LVS added about +8.5%.  MGM hopped [...]

By HappyTrading | Also posted in AMGN, CSCO, LVS, MGM, PRU, WYNN | Comments (0)