August 27, 2010 – 11:25 am
A very nice month. Not an easy thing to do in this environment, and, you porbably don’t need me to tell you that. 100% green on the closed trades this week. Here are the trades for the month (trades with +50% or higher profits are highlighted):
August 27, 2010
07:14 | HappyTrading RIMM ($45.60) Sold to […]
August 20, 2010 – 3:59 pm
In my Market Forecast for the week, I wrote:
"…the latest development in the charts are certainly not bullish. However, it may not necessarily dictate a breakdown… The market could still be range-bound, and, is very mixed."
This was exactly what we saw this week. The market was strong earlier in the week, but, turned back down on […]
August 17, 2010 – 5:09 pm
The market was strong out of the gate this morning on the latest economic reports, including better-than-expected industrial production and housing data. WMT reported solid earnings and raised its full-year guidance. WMT shares traded up +1.21%. HD barely beat the estimates with its earnings, but, its shares went up +3.4%.
In addition, BHP initiated a takeover […]
The market started out in the positive territory as jobless claims fell. However, as I stated last night, "SPX can easily slide down to test 1100 again." SPX went up as high as 1115.9 and quickly turned lower. Around noon, SPX had dropped all the way to 1092. That’s almost 24 points on the SPX, or […]
The market was very volatile, once again! VIX went briefly above 30 on Thursday. Monday morning’s gap-up open turned out to be a head-fake for the broader market, as SPX came all the way from 1130 to below 1080. Gold and oil charged higher on Friday, with gold closing above $1255/ounce! Here are the closed […]
In my Market Forecast for this week, I mentioned, "SPX 1120 could provide some initial support, but, below SPX 1120, the market could test SPX 1080." On Tuesday, in our Trading Room , I said,
May 18, 2010 12:13 PM
VIX
should at least test 40 on this run…
From Monday through Wednesday, SPX tested 1120. SPX closed […]
The market opened higher this morning, but, immediately started to slide. Euro was also higher this morning, and it too, slipped from the open. As the Euro went lower and lower, so did the market. If you have been reading my articles, you would know that I have been more and more bearish about the […]
The market opened lower today. The dollar jumped on more worries on Greece and the commodity sectors were weak. However, jobless claims numbers fell and housing sales jumped. The market soon staged a dramatic upswing. Techs led the way. AAPL reached a new all-time high at $266.75, passing MSFT as the second largest company on […]
By HappyTrading
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Also posted in AAPL, LVS, FFIV, ICE, CME, AMZN, SNDK, NFLX, MSFT, CMG, COF, AXP
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Trades
A banner week as we picked off winner after winner!
April 09, 2010
# 06:30 | Bagger Vance RGLD ($52.00) Sold to Close MJQ 04172010 50 C Apr 50 calls, at $1.70 +113%
# April 06, 2010
# 07:43 | Bagger Vance JOYG ($60.30) Sold to Close JQY 041710 60 C Apr 60 calls, at $1.60 +70%
# April 05, […]
The market was strong today as stronger reports on jobs and services industries painted a better economic picture. Casino stocks broke out to new heights: WYNN added +6.3% and LVS soared +9.67%. We caught a quick intraday trade on WYNN for a +50% gain:
April 05, 2010
12:15 | HappyTrading WYNN ($82.10) Sold to Close 04C75 Apr […]