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• Market Jumps On Better Manufactoring Data: SPX, Nasdaq, CLF, WLT, JOYG, BUCY, AAPL, AMZN, NFLX, GOOG, AKAM

  The market bolted out of the gate today and never looked back. Last night, China reported a better-than-expected PMI number. Today, our ISM Index also showed better-than-expected manufacturing activity . As discussed in my Market Forecast this weekend... Posted Sep 01 2010, 05:39 PM by HappyTrading with | with no comments Filed under: GOOG, AAPL, AKAM, AMZN, JOYG, CLF, WLT, NFLX, BUCY

• Market Ended Mixed In Volatile Trading: BRCM, SNDK, MRVL, CLF, WLT, ANR, NFLX, AMZN, GOOG, AAPL

  The market was weak at the open, but, managed to bounce back. However, immediately after the Fed minutes were released, the market suffered a quick drop. It paddled back up in the last hour to closed flat, flat and mixed. Techs were on the weak side with... Posted Aug 31 2010, 05:01 PM by HappyTrading with | with no comments Filed under: GOOG, AAPL, BRCM, AMZN, SNDK, MRVL, CLF, WLT, NFLX, ANR

• Market Bounces After 4 Days of Selling: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, AKAM, PCP, MLM, GLD, SLV, PAAS, GOLD, ABX, NEM, TLT

  This morning, after more lousy housing and durable goods data, the market sank lower. We took the opportunity to lock in our profits on the downside plays: August 25, 2010 10:56 | HappyTrading MLM ($72.30) Sold to Close 09P75 Sep 75 puts, at $4.30 +62... Posted Aug 25 2010, 04:31 PM by HappyTrading with | with no comments Filed under: TLT, GOOG, RIMM, GLD, SLV, AAPL, AKAM, ABX, GOLD, AMZN, PCP, PAAS, NEM, MLM

• Market Slumps On Renewed Economic Worries: SPX, Nasdaq, CSCO, CREE, VECO, AAPL, GS, WLT, CLF, FCX, ATI, RTI, X

  As further economic data showed slowing in the global economy , the US stock market took a sharp fall today. Miners led the market lower: WLT -5.21%, CLF -5.03%, FCX -4.33%, X -5.19%, ATI -7.58%, RTI -6.87%. Market leaders such as GS and AAPL also took... Posted Aug 11 2010, 07:54 PM by HappyTrading with | with no comments Filed under: AAPL, GS, X, CSCO, FCX, ATI, CLF, RTI, CREE, WLT, VECO

• Market Dips As Bernanke Speaks: SPX, Nasdaq, MS, WFC, FCX, AAPL, EBAY, FFIV, QCOM, BIDU, NFLX, ISRG, SBUX, CMG, NUE

  The market started off strongly on strong earnings from MS, WFC, and FCX. MS ended the day up +6.26% at $26.8; it traded as high as $27.89. WFC closed only slightly higher, but, did trade up to $27.6. FCX traded above $68 before closing at $66.06, up... Posted Jul 21 2010, 02:49 PM by HappyTrading with | with no comments Filed under: ISRG, AAPL, QCOM, MS, WFC, BIDU, FCX, EBAY, FFIV, SBUX, NFLX

• 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

  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... Posted Jul 20 2010, 02:37 PM by HappyTrading with | with no comments Filed under: AAPL, BRCM, QCOM, TXN, X, STLD, IBM, WFC, FCX, BTU, SNDK, CLF, VMW, FFIV, WLT, SBUX, NFLX, CRUS

• Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, INX2, OIH

  Last weekend, I forecasted : " For the new week, it will be about the earnings. If the earnings are strong and confirm the strength in the economic recovery, the market can continue to rally. Otherwise, the market could turn down to test the recent... Posted Jul 18 2010, 05:38 PM by HappyTrading with | with 1 comment(s) Filed under: AAPL, GS, QCOM, XLF, TXN, YHOO, IBM, XME, WFC, OIH, FCX, AMZN, SNDK, INX2, SBUX, NFLX

• Strong Earnings Push The Market Higher! SPX, Nasdaq, CSX, AA, JOYG, GOOG, RIMM, AAPL, AMZN, IBM, PCLN, FFIV, CREE, VMW, CRM

  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... Posted Jul 13 2010, 03:37 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, AAPL, PCLN, IBM, CRM, AMZN, JOYG, AA, VMW, CSX, CREE, FFIV

• Market Surges After 2 Weeks Of Selloff: SPX, Nasdaq, GOOG, AAPL, NFLX, CREE, VMW, CRM, VECO, GS, PNC, WFC

  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... Posted Jul 07 2010, 03:18 PM by HappyTrading with | with no comments Filed under: GOOG, AAPL, GS, PNC, WFC, CRM, VMW, CREE, NFLX, VECO

• Market Ends Slightly Down In Volatile Trading: SPX, Nasdaq, GLD, GOLD, ABX, NEM, FDX, UPS, DO, BP, RIG, APC, Nasdaq, AAPL, AMZN, CMG, FXE

  On Tuesday, in my evening article , I said, " There is some resistance at 36 for VIX. We may see shorts start to cover some positions before Friday's unemployment report . Profit-taking happens on the downside, too! There's a lot of focus... Posted Jul 01 2010, 05:12 PM by HappyTrading with | with no comments Filed under: Nasdaq, GLD, RIG, AAPL, DO, ABX, GOLD, AMZN, NEM, UPS, FDX, BP, APC, CMG, FXE

• Late Selling Sends Market Lower! SPX, Nasdaq, OSG, FRO, TK, AAPL, GOOG, CMG, NFLX, SNDK, VMW, MON, DNDN

  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... Posted Jun 30 2010, 03:56 PM by HappyTrading with | with no comments Filed under: MON, GOOG, AAPL, DNDN, SNDK, VMW, NFLX, CMG, FRO, OSG, TK

• Market Stumbles On Economic Worries: SPX, Nasdaq, APA, EOG, IOC, CLF, WLT, BTU, X, AAPL, GOOG, RIMM, AMZN

  Last night, Chinese stock market's Shanghai SE Composite Index dropped more than 100 points, or more than 4%. This morning, the US market followed the bearish sentiment, gapping lower. US consumer confidence index fell 10 points in June , the biggest... Posted Jun 29 2010, 04:59 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, AAPL, APA, X, BTU, AMZN, CLF, WLT, EOG, IOC

• How Fast Things Can Turn: SPX, Nasdaq, APA, BP, RIG, DO, CME, ICE, V, MA, RIMM, AAPL, ORCL

  Just this Monday, things seemed ready to break out with the Chinese yuan finally loosening its peg to the dollar. A couple of bad housing reports and a few days later, this market is at the verge of breaking down again! SPX shot up above 1131 on Monday... Posted Jun 24 2010, 05:36 PM by HappyTrading with | with no comments Filed under: SPX, Nasdaq, RIMM, RIG, AAPL, MA, APA, CME, DO, V, ICE, ORCL, BP

• Bullish On RIMM? (Huge Volumes On RIMM Calls)

  Most Analysts have not exactly been positive on RIMM, especially in recent months, as Apple's iPhone has been dominating the smartphone market. RIMM's shares have fallen from around $75 in March to now $60. Tomorrow after the market, RIMM will... Posted Jun 23 2010, 08:54 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, AAPL

• Some Profit-Taking, As Expected: SPX, Nasdaq, AAPL, GOOG, FDX, AEM, NEM, GOLD, BP, RIG, APC

  Yesterday, in my article , I mentioned that we should see some profit-taking and more volatility. This morning, the latest economic data were mostly positive with solid industrial production and benign inflation numbers . Housing starts, however, dropped... Posted Jun 16 2010, 05:11 PM by HappyTrading with | with no comments Filed under: GOOG, RIG, AAPL, AEM, GOLD, NEM, FDX, BP, APC