Happy Trading Blog

July 2007 - Posts

• Review 7/31/07: SPX, Nasdaq, XLF

  Posted Jul 31 2007, 07:00 PM by Happy Trading with no comments Another very volatile day! VIX closed at 23.52, up 12.7%! I think Phil said it well this morning, "It’s shaping up to be another interesting day and we’ll have to be fast on our feet but I STILL urge caution...

• Interesting Stocks to Watch: AMAT, CELG, LVS, WYNN

  Posted Jul 30 2007, 09:22 PM by Happy Trading with no comments This is a post to demonstrate the kind of individual analyses to be seen only on the " private membership " site! AMAT AMAT broke above the resistance at 21.75 to close at 22.02 today and made a new all...

• Review 7/30/07: SPX, Nasdaq, SOX, XLF, XME, SUNW, MOS, POT

  Posted Jul 30 2007, 09:21 PM by Happy Trading with no comments I'm going to change the format of my nightly review a little bit, in preparation for the " private " site! I will save most of the specific analyses for individual stocks for the private site, and on the...

• Happy 100,000 Wang's World!!

  Posted Jul 30 2007, 09:16 PM by Happy Trading with no comments I am "happy" to announce that Wang's World "hit count" just topped 100,000!!! This calls for a celebration!! I started blogging on 3/18 on my old site " Happy Trading Blog " and moved here to "Wang's World...

• Market Forecast for Week of 7/30 (Part I): Sectors to Watch

  Posted Jul 28 2007, 02:47 PM by Happy Trading with no comments What a week!! The volatility was way high, jumping from 17 to above 24!! Most sectors were down, but, we managed to make some good money buying puts !! Since the recent down-turn seems to be, at least...

• Review 7/27/07: SPX, Nasdaq, Dow

  Posted Jul 28 2007, 02:45 PM by Happy Trading with no comments I just like to do a quick review of the actions today. No charts, since I'll be going over those this weekend, and, we can all start enjoying the weekend! =) Today: SPX closed at 1458.95, -6.2% from recent...

• Review 7/26/07: SPX, Nasdaq, USO, OIH, XLF, XME, XOM, AAPL, BIDU, FFIV, WFR, POT, CMI

  Posted Jul 26 2007, 06:48 PM by Happy Trading with no comments Ok, since I posted that song earlier today, " Free Falling " by Tom Petty, I got it stuck in my head! (Please come to the blogsite to see the music video.) Crazy day!! The Dow was at one point down almost...

• Great Trading Day!!

  Posted Jul 26 2007, 06:45 PM by Happy Trading with no comments Even though the market was down HUGE today, it was a great trading day for us. And, we made good money!! It all started with going cash last week, and especially on Tuesday with this post !! With volatile...

• Free Falling!!

  Posted Jul 26 2007, 06:38 PM by Happy Trading with no comments While we awe at the free falling market, and making money on our puts, I thought I'd post up this music video which you can listen to/watch in the background! =) It is always a great feeling when you're...

• Review 7/25/07: SPX, Nasdaq, AMZN, BTK, XLF, GENZ, BIIB, LLY, AAPL, BIDU, QCOM, FFIV, WFR

  Posted Jul 25 2007, 05:12 PM by Happy Trading with no comments Thank you Amazon !! You helped!! AMZN, itself, closed up more than +24%!! SPX and Nasdaq both safely closed above their respective levels that I mentioned yesterday (SPX 1510; Nasdaq 2640). The financial...

• Amazon To The Rescue?!

  Posted Jul 24 2007, 06:11 PM by Happy Trading with no comments Is it "Amazon to the rescue"?! After the market, AMZN reported earnings that more than tripled from a year ago! The company also raised its forecast, for the full fiscal year, to $13.80 billion to $14...

• Review 7/24/07: SPX, Nasdaq, Dow, SOX, BTK, XLF, OIH, USO, XME, GLD

  Posted Jul 24 2007, 06:04 PM by Happy Trading with no comments Finally, a big down day for the market! Let's quickly check out some of the indices and ETFs: SPX -30.53, -1.98% Nasdaq -50.72, -1.89% Dow -226.46, -1.62% SOX (semiconductors) -10.2, -1.91% BTK (biotechs...

• Be Very Careful!!

  Posted Jul 24 2007, 12:10 PM by Happy Trading with 1 comment(s) SPX has fallen below the support at 1525! Be very careful, as the market can go into a correction from here. I'm going mostly cash! The thing that makes this drop different is that we've hung around 1530...

• Review 7/23/07: SPX, Nasdaq, OIH, FXI

  Posted Jul 23 2007, 05:14 PM by Happy Trading with 2 comment(s) Overall, it was a quiet day today. SPX gained 0.49% and Nasdaq garnered 0.11%. But, there were some pockets of high flyers! OIH advanced 2.05% to close at 188.26, but, went as high as 191.11, a new all...

• Trading Goddess’ Results Are in!

  Posted Jul 22 2007, 10:48 PM by Happy Trading with 1 comment(s) As you may recall, Trading Goddess made a post here on 6/19 , recommending these stocks: KO NTDOY MAT TGT EN And, the results are in: KO +3.54% NTDOY.PK +23.59% MAT -4.78% TGT +6.51% ENR +8.26% Thank you...