Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, XLE, BTK, FDN, FB, TWTR, XOM,CVX, MA, GILD, AMGN, MRK, PFE, WFM, WYNN, VLO

Markets pulled back last week. AAPL earnings disappointed investors on Tuesday and pressure the tech stocks. Energy stocks stayed weak. Stocks were especially weak on Friday, as SPX pulled back 1.07% and closed just below 2080.

However, we traded very well, and booked winning trades on both up and down sides. Our TSLA calls early in the week gave us an intraday +74% gain. NXPI calls after the pullback gave us +68.28% profit. We also played SPY puts, which scored as high as +80% win. Here are the closed trades for the week:

My Ecstatic Plays portfolio is up +235% in the past 365 days, up +48% so far in 2015, and up +29% in the past 90 days. I have been working on a new portfolio called Happy Stocks. This portfolio is up a whopping +70% in the past 90 days. If you are interested in finding out more about Ecstatic Plays, please CLICK HERE. To find out more about Happy Stocks (this portfolio will trade stocks as well as options and the trade sizes will be bigger than Ecstatic Plays), please CLICK HERE!

For the week, the Dow was down 517.92 points; SPX fell 46.99 points; Nasdaq dropped 121.51 points. Oil (WTI) fell to $48/barrel. Gold dropped as well, but, bounced on Friday and was trading higher, to almost $1100/ounce, this evening at the time of this writing. Asian markets were lower this evening, with Hong Kong down about 2.5%, as I composed this article. Let's take a look at the US markets:

SPX

On Friday, SPX fell 22.5 points to close at 2079.65. It closed below its daily MAs. The MACD turned down.

Nasdaq

Nasdaq dropped 57.78 points to close at 5088.63. It closed below its 10-day MA. The MACD went down.

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

Markets pulled back last week. AAPL earnings disappointed investors on Tuesday and pressure the tech stocks. Energy stocks stayed weak. Stocks were especially weak on Friday, as SPX pulled back 1.07% and closed just below 2080.

However, we traded very ...

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Winning More On Both Sides, Introducing Happy Stocks! BIDU, SPLK, GOOG

I have been building up a new product, a new portfolio. It is called "Happy Stocks"! This portfolio is for active traders. It is similar to Ecstatic Plays. But, in Happy Stocks, I will trade stocks ...

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Winning More On Both Sides, Introducing Happy Stocks! BIDU, SPLK, GOOG

I have been building up a new product, a new portfolio. It is called "Happy Stocks"! This portfolio is for active traders. It is similar to Ecstatic Plays. But, in Happy Stocks, I will trade stocks ...

Read More
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After Market Movers; Amazon Jumps Again! SWKS, V, SBUX, TRIP, AMZN, JNPR

After market today, AMZN reportedanother blow-out quarter, especially in its cloud services, which climbed 81% in revenue! AMZN stock soared to above $570 at one point! V shares popped more than +7% as its earnings vaulted 25%! ...

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Winning Big On Both Sides! SNDK, NXPI, SPY, CRUS, SWKS

While the markets traded down today, there were certain stocks that did really well. One group was the same group that got pulled down by AAPL yesterday. These stocks were CRUS, SWKS, NXPI, and AVGO. But, after the market yesterday, ...

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Apple Tumbles After Earnings! AAPL, MSFT, YHOO, CMG, GOOG, GOOGL, NFLX

After our big wins on GOOG and NFLX, I told my members in the chatroom that this market is going to be range-bound, and that we should look for some downside trades to hedge:

Monday, July 20, 2015
Happytrading: ...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XRT, SOXX, XLE, BTK, CELG, BIIB, AMZN, AAPL, GOOG, GOOGL, NFLX, YHOO, LMT, BA, UTX, IBM, CMG, UNP, CP, CNI, SWKS, CRUS, SBUX

Stocks were really strong last week, as Greece reversed its position and agreed to more austerity demanded by its creditors. SPX popped higher to test 2100 on Monday. By Tuesday morning, SPX had already broken through. Solid earnings from financial ...

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

Stocks were really strong last week, as Greece reversed its position and agreed to more austerity demanded by its creditors. SPX popped higher to test 2100 on Monday. By Tuesday morning, SPX had already broken through. Solid earnings from financial ...

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Raking In Big Profits With Netflix and Google! NFLX, GOOG, GOOGL

Yesterday, we cashed out our NFLX calls for a nice +79% gain!

NFLX has been very good for us, and, we have caught just about every big jump. A couple of weeks ago, when Netflix announced the 7-to-1 split, we ...

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Three Stocks To Buy Right Now! MBLY, SPLK, DATA, VDSI, MSFT, CRM

A month ago, I wrote an article titled, "Buy Mobileye Now!!". In the article, I was looking for MBLY to retest $60. Since then, there have been numerous upgrades on MBLY, and, today, MBLY traded as high as ...

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Micron Gets A $23 Billion Bid From China! MU, INTC, ALTR, NXPI, AVGO, BRCM, MRVL

Tonight, there are rumors that Micro (MU) is about to get a $23 billion bid from China's Tsinghua Unigroup Ltd. MU closed at $17.61 on Monday with a market cap of $19 billion. If the rumors were true, the ...

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