Happy Trading Blog

Browse by Tags

• AA
• AAPL
• ABT
• ABX
• ACI
• ACS
• AET
• AIG
• AMGN
• AMZN
• APA
• AXP
• BAC
• BIDU
• BLK
• BTK
• BTU
• CELG
• CLF
• CME
• CNX
• COF
• CSCO
• CVX
• DECK
• DNDN
• DO
• EBAY
• EOG
• ESRX
• FCX
• GENZ
• GLD
• GOLD
• GOOG
• GRO
• GS
• HGSI
• HIG
• ICE
• INCY
• INTC
• INX2
• JPM
• KBH
• LFC
• LVS
• MA
• MEE
• MGM
• MOS
• MSFT
• Nasdaq
• NFLX
• NOV
• NUVA
• NWSA
• OSIP
• OXY
• PCLN
• PDLI
• PHM
• PNC
• POT
• QCOM
• RIG
• RTP
• SEED
• SHLD
• SKF
• SLB
• SLXP
• SOHU
• SPPI
• SPX
• STI
• STT
• TOL
• UNH
• UUP
• V
• WFC
• WFT
• WLP
• WMS
• WYNN
• X
• XLE
• XLF
• XME
• XOM
• XRX

• Making Money In A Down Market! SPX, Nasdaq, GS, PRU, JPM, WFC, SHLD, NFLX, DECK, EOG, WYNN, LVS, MGM

  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... Posted May 20 2010, 02:12 PM by HappyTrading with | with no comments Filed under: GS, JPM, PRU, WFC, MGM, LVS, WYNN, DECK, NFLX, EOG, SHLD

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

  Last weekend, in my Market Forecast , I said, " For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance. The market has rallied quite far. Unless, there are really positive news to help push the market higher, SPX 1130... Posted Feb 28 2010, 07:12 PM by HappyTrading with | with 1 comment(s) Filed under: BTK, GLD, GENZ, XLF, UUP, OSIP, PRU, CELG, AMGN, AIG, UNH, AET, SLXP, NUVA

• Market Bounces After Fed Keeps Rates Unchanged: SPX, Nasdaq, AAPL, GS, PRU, WFC, PNC, BAC, NFLX, QCOM, AMZN, MSFT

  The market was volatile today, as expected. In the morning, while Geithner and Paulson were getting questioned by the Congress, the market remained weak. After AAPL's media event got started, things became a little better. AAPL did indeed reveal its... Posted Jan 27 2010, 07:04 PM by HappyTrading with | with no comments Filed under: AAPL, GS, BAC, QCOM, PNC, PRU, WFC, AMZN, MSFT, NFLX

• Market Comes Alive On "Mutual-Fund Monday"! SPX, Nasdaq, WLP, ESRX, UNH, PNC, PRU, STT, MA, GOOG, MOS, SEED, GRO

  The market hopped out of the gate this morning on some "happy feet" as home sales jumped in October to their highest level in more than 2-1/2 years ! In addition, gold continued to make new record highs, trading nearly to $1175/ounce intraday... Posted Nov 23 2009, 07:31 PM by HappyTrading with | with no comments Filed under: GOOG, MA, PNC, PRU, ESRX, WLP, STT, MOS, SEED, UNH, GRO

• Fed Leaves Rates At Historical Lows: SPX, Nasdaq, GLD, ABX, GOLD, CSCO, QCOM, NWSA, PRU

  This morning, in our Trading Room , a member asked about what to expect immediately after the Fed's rate decision annoucement: angar November 4, 2009 6:58 AM Good morning happy. are you expecting rally after Fed meeting today? I replied: November... Posted Nov 04 2009, 04:13 PM by HappyTrading with | with no comments Filed under: GLD, QCOM, CSCO, PRU, ABX, GOLD, NWSA

• Market Cheers GDP Report: SPX, Nasdaq, FCX, RTP, BTU, ABX, PRU, PNC, HIG, WFC, CLF, PCLN, LVS, WYNN

  This morning, the GDP report was better than expect, coming in at +3.5% (vs. the consensus of +3.2%) for the quarter from July through September . The market was encouraged by the news and rallied back up, after the recent 4-day selloff. The Dow was particularly... Posted Oct 29 2009, 08:32 PM by HappyTrading with | with no comments Filed under: RTP, PCLN, PNC, PRU, WFC, FCX, BTU, LVS, WYNN, ABX, HIG, CLF

• The Market Sinks As The Dollar Bounces: SPX, Nasdaq, MA, HIG, PRU, PNC, SOHU, BIDU

  The market popped higher this morning. But, after 2 hours of trading, it took a sharp dive and continued lower until the close. It was a similar move as what happened on Friday. In both case, the dollar bounced. Commodity sectors were mostly red. The... Posted Oct 26 2009, 08:00 PM by HappyTrading with | with no comments Filed under: MA, PNC, PRU, BIDU, SOHU, HIG

• M&A Deals Boost Stocks: SPX, Nasdaq, XRX, ACS, ABT, GS, HIG, AXP, PRU, BLK, CME, ICE

  This morning, the market opened higher, encouraged by M&A deals. Xerox (XRX) announced a $6.5 billion deal to buy ACS . XRX shares dropped 14.48% while ACS jumped +14.%. Abbott Laboratories (ABT) said it would pay $6.6 billion for the pharmaceutical... Posted Sep 28 2009, 08:28 PM by HappyTrading with | with no comments Filed under: GS, CME, AXP, PRU, BLK, ICE, HIG, XRX, ACS, ABT

• More New Highs!! SPX, Nasdaq, NOV, DO, SLB, RIG, AAPL, GOOG, AMZN, GS, HIG, PRU, BLK, COF, CME

  Yesterday, in my article , I said, " I think VIX will test 23 again tomorrow. If VIX breaks below 23, I think we'll see SPX above 1060 !" Today, VIX broke belwo 23, and SPX went above 1060. Although VIX bounced in the afternoon, the market... Posted Sep 16 2009, 08:11 PM by HappyTrading with | with no comments Filed under: GOOG, RIG, AAPL, GS, CME, DO, NOV, PRU, BLK, COF, AMZN, SLB, HIG

• Market Continues To Go Higher! SPX, Nasdaq, GS, HIG, PRU, AIG, CNX, BTU, ACI, MEE, DNDN, SPPI, HGSI, PDLI, INCY

  The market opened lower today, but, closed in the green, again! As I mentioned in my Market Forecast on Sunday , "[T] he market needs to let off some more steam ." It did so in the morning. We continued to discussed the importance of the commodity... Posted Sep 14 2009, 08:23 PM by HappyTrading with | with no comments Filed under: CNX, GS, PRU, DNDN, BTU, ACI, MEE, INCY, HGSI, HIG, AIG, SPPI, PDLI

• Clever Move (Down) By The Market! SPX, Nasdaq, AIG, HIG, PRU, BAC, COF, WFC, GS

  This morning, the market traded higher as home sales and factory data were better than expected . But, within minutes after the data were released, the sell-off began. The financials led the market down and kept dropping until the close. Insurers were... Posted Sep 01 2009, 08:44 PM by HappyTrading with | with no comments Filed under: GS, BAC, PRU, WFC, COF, HIG, AIG

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

  Last weekend, in my Market Forecast , I wrote: " For the new week, after trying hard, but unsuccessfully, to break away from the recent resistance levels ( SPX 1000 ; Nasdaq 2000 ), the market technicals are showing slight weakness. The MACD on both... Posted Aug 23 2009, 04:34 PM by HappyTrading with | with 1 comment(s) Filed under: GOOG, OXY, GS, BAC, PCLN, APA, JPM, XLE, XLF, XOM, XME, PRU, FCX, EBAY, AMZN, HIG, INX2, AIG, WFT, CVX

• Markets Keep Gains As Fed Gives Brighter View: SPX, Nasdaq, GS, COF, PRU,TOL, KBH, PHM, WYNN, LVS

  Today, the market was strong from the beginning. Financials rose again after 2 days of profit-taking: GS +2.85%, COF +3.14%, PRU +4.49%. This morning, Toll Brothers (TOL) reported a rise in signed contracts in new homes in 4 years , sending TOL stocks... Posted Aug 12 2009, 08:11 PM by HappyTrading with | with no comments Filed under: GS, PRU, LVS, WYNN, HIG, PHM, TOL, KBH

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

  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... Posted Aug 04 2009, 08:44 PM by HappyTrading with | with no comments Filed under: CSCO, PRU, MGM, LVS, WYNN, AMGN, WMS

• S&P 500 Goes Above 1000! SPX, Nasdaq, FCX, X, RTP, AA, WFC, STT, PRU, MA, V

  This morning, favorable manufacturing data, which showed signs of the economy recovering, prompted more buyers to jump into the markets . Stocks pushed the S&P 500 index (SPX) above 1000! Last night, in my weekly Market Forecast , I pointed out that... Posted Aug 03 2009, 05:51 PM by HappyTrading with | with no comments Filed under: SPX, Nasdaq, RTP, MA, X, V, PRU, WFC, FCX, STT, AA