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Are You Ready For A Pullback? BIIB, AMGN, GILD, CELG, UTHR, JAZZ, GOOG, FB, NFLX, APA, APC, EOG, PANW, DO, RIG

Stocks reversed the morning gains today and ended lower. The Dow was down 120.72 points (-0.69%); Nasdaq fell 83.5 points (-1.62%); SPX dropped 16.28 points (-0.78%).In this week’s Market Forecast, we discussed the possibility of leading sectors (biotech, internet, software, financial) finally falling back and pulling the broader market down.I have been saying for a while now that the broader […]

Some Big Movers: EOG, TSLA, PANW, CYBR, TWTR, CLVS, FDX

Some Big Movers: EOG, TSLA, PANW, CYBR, TWTR, CLVS, FDXStocks have been most positive so far this week. Energy stocks have bounced, and oil spiked up over the past two days with Brent testing $60/barrel and WTI trading at around $53/barrel. We trade EOG calls in myHappy Trades portfolio and booked a +81.78% profit:TSLA jumped about on Monday as the […]

Is The Selling Done?

After five days of selling, markets managed to bounce a bit today. Yesterday, stocks plunged mid-morning, sending SPX down to test 2000. Soon after, buyers started to trickle in.Taking a look at the indices and the sector ETFs, we see that financials and biotechs led the market bounce:XLF (financial) was up +1.05%, while BTK (biotech) was up +3.01%. PBJ (food […]

Biotechs Rally!

Biotechs Rally!Biotech stocks were really strong today. BIIB led the group with a $18.59 pop! ALXN added nearly $10. AMGN gained $5.34, erasing yesterday’s loss. JAZZ climed +3%. ILM popped $6.61.At first glance, BTK looks to be healthyBTK has been consolidating for more than a month. Its daily MAs have bunched together. Just yesterday, BTK was look bearish when it […]

Wednesday November 27, 2013, Today Stock Market …

Please note: I am declaring Friday November 29 a stock market holiday and I wil not collect data or post any trades based on that data nor do a video on that day.  HAPPY THANKSGIVING!Stock Market Open: 09:30 AM ESTThe Dow opens +14 and our open trade gains a little (click to enlarge)1 hour in  (click to enlarge)Close: Dow closes […]