Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, FXI, HGX, GS, BLK, STI, BIDU, QIHU, BABA, TOL, KBH, WHR, LEN, EOG, APA, APC, CVX, SLB

The market had a tremendous week, with Nasdaq closing above 5,000! Stocks jumped on Wednesday, after the Fed promised to "not be impatient" in raising rates, even though it took out the words "patient" in its latest statement. SPX is back above 2100 and the Dow is above 18,000.

We also had a nice week. In both of my products' portfolios, we made nice trades. Here are the closed trades for "Ecstatic Plays":

Our plays on QIHU, BIDU, MYL, and GS calls did very well.

For my "Happy Trades" portfolio, we scored on CRM, SNDK, QIHU, JAZZ, KITE, and MYL calls:

For the week, the Dow was up +378.34 points; SPX added +54.72 points; Nasdaq gained +154.66 points. Oil was basically flat, closing at $46.5/barrel. Gold bounced higher, nearly $1185/ounce. At the time of this writing, Asian markets were mostly higher. Let's see where the US markets closed on Friday:

SPX

On Friday, SPX added +18.83 points to close at 2108.1. Its 10-day MA turend up and so did its MACD.

Nasdaq

Nasdaq gained +34.04 points to close at 5026.42. Its daily MAs and MACD moved higher.

Both SPX and Nasdaq closed strongly last week. What's interesting is that RUT (Small Caps), or Russell 2000, is even stronger. SPX and the Dow still look neutral. For the new week...

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KITE Flying High! KITE, JUNO, BLCM, BLUE

Shares of Kite Pharma, Inc. (KITE) popped nearly +16% today, after the company announced acquisition of a privately held Netherlands-based biotechnology company, T-Cell Factory B.V.  This may not have been the only reason.  Juno Therapeutics (JUNO) said ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, XLE, SOXX, GS, BAC, WFC, JPM, STI, PNC, MA, V, C, EOG, APA, APC, HES, OXY, NOV, RIG, DO, BIIB, CELG, AMGN, REGN

Last weekend, in my Market Forecast, I said,

"For the new week, I think we will see more volatility. For SPX, 2070 is a support, below which the next support lies at 2050. Nasdaq has support first around 4900, then ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, XLE, SOXX

Last weekend, in my Market Forecast, I said,

"For the new week, I think we will see more volatility. For SPX, 2070 is a support, below which the next support lies at 2050. Nasdaq has support first around 4900, then ...

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Financial Stocks Up After Market: ACT, INTC, MYL, ICPT, GEVA, KITE, AXP, C, GS, MS

After market today, banks traded higher.  Fed has approved plans by various banks to raise dividends and buy back shares.

After the market, C jumped +2.62%; MS popped nearly +3%.  GS and AXP also traded up.  ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, XLE, GLD, GS, STI, PNC, APA, APC, EOG, OXY, SLB, HES, BIIB, BMRN, MDVN, GEVA, KITE, CLVS

Last weekend, in my Market Forecast, I wrote:

"With the weakness in energy and financial stocks, it does look like the market may need a few days to consolidate. But, I still think Nasdaq will test 5,000 in March ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, XLE, GLD

Last weekend, in my Market Forecast, I wrote:

"With the weakness in energy and financial stocks, it does look like the market may need a few days to consolidate. But, I still think Nasdaq will test 5,000 in March ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, FDN, XLE, IGV, GOOG, NFLX, TSLA, AMZN, GILD, GMCR, GS, MA, V, OXY, EOG, APA

Markets were range-bound this week, but, tech stocks remained strong. Nasdaq came just 10.75 points shy off touching the 5,000 mark! Energy and financial stocks held the broader market back. My Ecstatic Plays portfolio is at a new ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, FDN, XLE, IGV

Markets were range-bound this week, but, tech stocks remained strong.  Nasdaq came just 10.75 points shy off touching the 5,000 mark!  Energy and financial stocks held the broader market back.  My Ecstatic Plays portfolio is at ...

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Come Join the Fun! GOOG, AMBA, TJX, QCOM, GS

Markets have been pushing higher and we are making lots of good trades!  My Ecstatic Plays portfolio is now over +150% up!  Here's the performance chart:

Ecstatic Plays vs. SPX

My Happy Trades portfolio is doing exceptionally ...

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Another Week of Profits! FEYE, TSLA, FB, Z, PCLN

Both the Dow and SPX closed at new record highs this week!  We had a really nice week with lots of nice trades that gave us solid profits.  Besides a few trades, most of the trades this week ...

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A Little Rest After Another New Record? Z, PCLN, FEYE, GPRO, CYBR, SSYS, DDD, JACK, FOSL

SPX closed at another new record high today, above 2100!  We also continued to lock in nice gains.  We locked in some nice profits today, including calls on PCLN, Z, and FEYE.

GPRO Mar 20 2015 Call 46 ...
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Reviews Average Rating          

         
so far- after 5 days- excellent. You need to be near computer ready to trade. Good calls
         
This is a product that has caught my attention. More then other services I have had.
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