Tag Archives for " GILD "

0 Joy in Mudville

The Dow Jones Industrial Average (DJIA) was up 320 points today as it opened up and never looked back. All the indices were up but the Russell 2000 (RUT) acted the weakest of the key indices.  

I saw a video clip with Art Cashin, of UBS, today where he talked about the news from the ECB and comments by Mario Draghi. That’s when he said there was “joy in Mudville…brought in by Mario Draghi”. I thought that summed it up pretty well. But as usual, some stocks celebrated and some didn’t. 

In tonight’s Weekday Market Wrap video I look at all the price action and then check in on all our trade ideas. In addition I look at Southwest Airlines (LUV) which was +7.4% today and Under Armour (UA) which was -5.4%, both on earnings releases today. Continue reading

0 Sunday Trade Ideas Video

In this Sunday trade ideas video I review a trade idea on Michael Kors (KORS) that was closed on Friday with a 35% profit.

I then review our current trade ideas on Apple (AAPL), Whole Foods Market (WFM), Gilead Sciences (GILD), Goldman Sachs (GS) and Celgene (CELG).  

One new trade idea for Monday is Netflix (NFLX).  Continue reading

0 Stock Market Tightens

The stock market got even more compressed today on a fairly quiet holiday session. The DJIA was up 47 points with the SPX up 2.5 and the Nasdaq up 8. The stock market has had a very good run to the upside over the last 9 sessions but is now very overbought. Two trade ideas entered today on Goldman Sachs (GS) and Gilead Sciences (GILD) and I touch on these in today’s Weekday Market Wrap video. Continue reading

0 Trade Ideas Video

In today’s trade ideas video I review the open trade ideas on Whole Foods Market (WFM), Michael Kors (KORS) and Apple (AAPL). I then discuss three trade ideas that we are working on Gilead Sciences (GILD), Facebook (FB) and a new one for Monday on Goldman Sachs (GS).  Continue reading

0 Bears About to Wake Up?

The market continued its upward push with the DJIA up another 138 points and all the other indices up also.  The SPX has now retraced about 55% of the entire move down from the all-time high in May.  In tonight’s Weekday Market Wrap video I look at what our indicators are now telling us. Maybe the bears are about to wake up from their nap. Also tonight I look at 3 trade ideas on AAPL, FB and GILD. Continue reading