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• No Surprises From The Fed: SPX, Nasdaq, NFLX, AKAM, SPWRA, LDK, CREE, DIS, MA, V

  The market gapped down at the open today, following Asian markets big drop last night. In the afternoon, the Fed came out with its decision of not changing the interest rate and to take small steps in further stimulating the economy . The market recovered... Posted Aug 10 2010, 03:40 PM by HappyTrading with | with no comments Filed under: SPWRA, MA, AKAM, V, LDK, CREE, DIS, NFLX

• Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, OIH, XLF

  Last weekend, in my Market Forecast , I wrote: " For the new week, this week is still range-bound with a bearish bias. The longer the market hangs below SPX 1080, the more likely we'll see SPX test 1040 soon again. However, if the market rises... Posted Jul 05 2010, 08:39 PM by HappyTrading with | with 1 comment(s) Filed under: FSLR, YGE, GLD, USO, RIG, GS, MA, XLF, DO, V, OIH, TSL, SLB, APC

• 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

• Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

  After Monday morning's surge, on China loosening yuan's peg to the US dollar , the market has been on the defensive. This morning's home sales data , which fell unexpectedly, further gave the market reasons to take some profits off the table... Posted Jun 22 2010, 05:01 PM by HappyTrading with | with no comments Filed under: RIG, MA, APA, V, UNP, DECK, NFLX, CMG, EOG

• Market Breaks Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

  Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout! Today, the market cooked up a broadbased rally. So far, the market has behaved exactly as discussed in my Market Forecast this weekend . Techs were very strong... Posted Jun 15 2010, 03:17 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, RIG, AAPL, MA, APA, DO, V, AMZN, JOYG, CLF, PCP, BA, WLT, BP, BUCY, APC, BBY, BHP

• Market Ends Down In Volatile Trading: SPX, Nasdaq, SHLD, MA, V, GS, CME, ISRG, FSLR, WLT, NFLX, CMG, CSTR

  The market was weak from the open and sank quickly lower into the morning trading. We cashed in the rest of our trade on SHLD for profits as big as +347% : May 19, 2010 07:21 | HappyTrading SHLD ($98.80) Sold to Close 05P105 May 105 put, at $7.10 +347... Posted May 19 2010, 07:24 PM by HappyTrading with | with no comments Filed under: FSLR, ISRG, GS, MA, CME, V, WLT, NFLX, CMG, SHLD, CSTR

• Market Slumps With Falling Euro! SPX, Nasdaq, CME, ICE, GS, MA, V, WFC, JPM, SHLD, WYNN, LVS, MGM

  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... Posted May 18 2010, 07:01 PM by HappyTrading with | with no comments Filed under: GS, MA, JPM, CME, V, WFC, MGM, LVS, WYNN, ICE, SHLD

• Market Forecast + Sector Watch: SPX, Nasdaq, GLD, OIH, XLE, XLF, BTK

  Last weekend, in my Market Forecast , I said: " For the new week, the momentum has completely shifted to the downside. We can see that the daily MAs in both SPX and Nasdaq are curving down. On Monday, we may see an attempt to bounce; others may call... Posted May 16 2010, 07:23 PM by HappyTrading with | with 1 comment(s) Filed under: BTK, GLD, HES, OXY, MA, APA, XLE, XLF, AXP, V, OIH, ABX, GOLD, NEM

• Weekly Wrap 5/7/10: NFLX, MA, GS, EOG, GLD

  While the market slumped this week, we had a week full of profits. We have been bearish on the market for the past 2 weeks and have been long on gold plays. This "long gold, short the market" trading theme paid off for us this week. In the beginning... Posted May 08 2010, 06:53 PM by HappyTrading with | with no comments Filed under: GLD, GS, MA, NFLX, EOG

• Big Profits In A Wild Day! SPX, Nasdaq, GLD, NFLX, EOG, MA, GS, BIDU, PCLN, ISRG

  What a wild day on the market! The Dow dropped 700 points in a matter of 15 minutes before coming back 600 points from the day's low to close. Take a look at this chart: This is an intraday chart on the Dow for today. At about 2:30pm ET, the Dow was... Posted May 06 2010, 03:10 PM by HappyTrading with | with no comments Filed under: ISRG, GLD, GS, MA, PCLN, BIDU, NFLX, EOG

• Markets Spooked By Europe! SPX, Nasdaq, GOOG, BIDU, AAPL, AMZN, WLT, CLF, ANR, BTU, MA, OSTK

  In my Market Forecast this weekend, I said, "... upside moves could be limited.... If the 30-day MA is broken, SPX could easily come down to test 1170 ." SPX indeed tested 1170 today and closed just above. Yesterday, we saw the market bounced... Posted May 04 2010, 07:38 PM by HappyTrading with | with no comments Filed under: GOOG, AAPL, MA, BIDU, BTU, AMZN, CLF, WLT, ANR, OSTK

• It Was Prudent To Be Cautious! SPX, Nasdaq, GLD, FAS, NFLX, MA, V, AXP, COF, BWLD, CLF, WLT

  We were on the cautious side last week as the market pushed higher. In our Trading Room , I commented on Thursday last week: April 21, 2010 1:12 PM gold plays may be the best long plays right now... This weekend, in my Market Forecast , I said, "... Posted Apr 27 2010, 03:01 PM by HappyTrading with | with no comments Filed under: GLD, MA, AXP, V, COF, CLF, WLT, FAS, NFLX, BWLD

• Financials Help S&P 500 To New High! SPX, Nasdaq, GS, C, PNC, STI, V, MA, RIMM, GOOG, AMZN, AAPL, FSLR, STP, TSL

  Financials stayed strong today and helped to push S&P 500 to a new 17-month closing high! In my Market Forecast this weekend, I said, "... the market has gone quite far, so it may need a breather through the mid-week. If the market can hold its... Posted Mar 11 2010, 08:21 PM by HappyTrading with | with no comments Filed under: FSLR, GOOG, RIMM, AAPL, GS, C, MA, PNC, V, STI, STP, TSL, AMZN

• Market Takes Time To Breathe: SPX, Nasdaq, GS, MA, V, AIG, C, FNM, FRE, AAPL, BIDU, ITMN, FACT, CSCO

  This weekend, in my Market Forecast , I said, "...the market has gone quite far, so it may need a breather through the mid-week." This is what the market is doing right now, basically trading sideways. Still, there are pockets of new breakouts... Posted Mar 09 2010, 04:38 PM by HappyTrading with | with no comments Filed under: AAPL, GS, C, MA, CSCO, V, BIDU, AIG, FRE, FNM, ITMN, FACT

• Market Awaits Latest Jobs Data: SPX, Nasdaq, BIDU, GOOG, RIMM, AAPL, CSCO, V, MA, BRCM

  Yesterday, in my evening article , I said, " After 2 days of bouncing, the market may need a bit of rest tomorrow before some important earnings reports ..." Indeed, we saw some profit-taking today. Commodity sectors were mostly weak. BIDU jumped... Posted Feb 03 2010, 08:33 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, AAPL, BRCM, MA, CSCO, V, BIDU