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

Tags: GS, GOOG, AAPL, RIMM, MA, FSLR, AMZN, C, TSL, STP, V, STI, PNC
12 Mar 5:14am
Posted by wangshappytrading
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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 altitude while letting off some steam, we could see the market push higher by the end of the week."  Sure enough, the market treaded water for a few days, and, in the last trading hour today, it pushed higher.  GS...
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Gates Dethroned As The World’s Richest

Tags: MT, MSFT, WMT, AMX
11 Mar 1:31am
Posted by wangshappytrading
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Well, the report card just came out, and, Microsoft’s Bill Gates is no longer sitting on top!  According to Forbes 2010 list of the World’s Billionaires, Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person in the world.  After dominating the list 14 times out of the last 15 years, Gates was slightly edged out by Slim.  Well, that "slight" amount was $500 million!!  I’m sure Mr. Ga...
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Market Takes Time To Breathe: SPX, Nasdaq, GS, MA, V, AIG, C, FNM, FRE, AAPL, BIDU, ITMN, FACT, CSCO

Tags: GS, AAPL, BIDU, CSCO, MA, C, FRE, V, FNM, AIG, ITMN, FACT
10 Mar 1:34am
Posted by wangshappytrading
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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.  Financials continued to be strong with GS briefly topping over $172 per share, before seeing profit-taking.  MA and V have broken out during the past 3 trading sessions, with MA gaining about $20 since Friday open.&nb...
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Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, USO, XME, MEE, BTU, WLT, CNX, ACI, PCX, AKS, GS, BAC

Tags: GS, GLD, XLF, XME, USO, BTU, ACI, CNX, MEE, PCX, BAC, WLT
8 Mar 5:37am
Posted by wangshappytrading
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Last weekend, in my Market Forecast, I wrote: "For the new week, the market certainly has room to rise.  But, it’ll have to break above SPX 1120 to go higher.  The market is very "emotional" right now, and, the weekly jobless claims reports seem to keep the market on its toes.  (What they really should do is to change the jobless claims reports to at least bi-weekly.  A bi-weekly average may actually be more accurate and get rid of some "...
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Better Economic Data Inspire The Market: SPX, Nasdaq, GS, GOOG, AMZN, ANF, DNDN, TIVO, PETM, HIG

Tags: GS, GOOG, TIVO, AMZN, DNDN, HIG, ANF, PETM
5 Mar 4:46am
Posted by wangshappytrading
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This morning, better retail sales numbers got the market in a cheerful mood.  In addition, jobless claims were less than expected.  Financials rallied, led by GS, which added +5.89, or +3.73%.  Techs were also strong, led by GOOG and AMZN.  After being "dormant" for the past 2 months, GOOG and AMZN had awakened in the past few days.  GOOG gained more than $30, about +6%, in the past 4 trading sessions, while AMZN managed to go up more than $10, about&nbs...
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