Carlos Molina :: Swing Trading :: Trading stocks to make money in the market.

March 16th, 2010

Market Strategies

Hello everyone, thank you for visiting my blog. I created this blog with the only purpose of showcasing all the opportunities that are out there in the markets in today’s world. Using stocks, options, and some ETFs; along with some technical analysis we can be in for a good ride in the markets. Let’s make 2010 a profitable year!!!!

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By Carlos Molina

March 1st, 2010

Markets up and above 10,400

The markets were higher today, ending at some pretty good level. The S&P 500 closed at 1,115.71 up 11.22, the Dow Jones closed at 10,403.79 up 78.53, and the Nasdaq closing at 2,273.57 up some 35.31.

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By Carlos Molina

February 25th, 2010

What a reversal? 135 points…. closing only 53 points down

The market was a completely roller coaster today, staging a beautiful late day comeback, and almost turning positive. The markets are still holding the 50-day moving average, tech bounce off the lows and the Nasdaq was closed to turning positive. For the day, the Dow was down -53 at 10,321.03, the S&P 500 down only -1.68 at 1,102.94 and the Nasdaq down -2.30 at 2,234.22.

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By Carlos Molina

February 24th, 2010

Markets in love with Bernanke words, Up 90+ points

Finally after a 2-day of loses in the markets, they welcomed the words from Mr. Bernanke. Dow Jones up +91.60, S&P 500 up +10.64, and Nasdaq also gaining +22.46 points.
Most of the Financials were up for the day, with JPM, BAC, and Goldman Sachs leading the sector higher, the sector was up 1.7% today.
Read more at MarketWatch

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By Carlos Molina

February 23rd, 2010

Consumer Confidence at 10-month Low

Dow Jones off 100+points, Nasdaq and S&P 500 also down for the day. Financials, materials and energy were among the biggest losers. We saw the VIX jumping above the $21 level right after the report on the consumer showed us a huge drop from 56.50 to 46. There were news also from Germany that overshadowed their earnings expectations.
We also need to remember about the mess with Greece; it has not been resolved.

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By Carlos Molina

February 19th, 2010

Dow gained 3%+ for the week

The Dow Jones Industrial Average gained about 10 points, or 0.1 percent, closing above 10,400. After a four-day winning streak, the Dow gained about 3 percent for the week. . S&P 500 closed above the 50-Moving Average.
The dollar was up most of the day against the EURO and YEN, but it rolled over into the close and finished at a session low with a 0.5% loss against a basket of foreign currencies. The Consumer Price Index (CPI) for January made a 0.2% monthly gain, which was slightly below the 0.3% increase that had been widely expected. Excluding food and energy, consumer prices for January actually slipped 0.1% month-over-month, instead of the 0.1% monthly increase that economists had forecast. We had the Oil closing above the $79.00 mark a barrel.

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By Carlos Molina

February 17th, 2010

Markets up for 2nd Day – testing levels

The market finished higher today for the 2nd day, finishing at 10,309.24 Up 40.43, the S&P higher by 4.64 points at 1,099.51, getting closer to the technical level of 1,105.

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By Carlos Molina

February 16th, 2010

After a long weekend, Market rallies 169+

What a day in the markets….! Dow Jones Up 169+. The stocks were up all day, and with the dollar down..commodities were soaring all day. My position in U.S. Steel hitting a $51+ by midday, Tech was back in the game with Google showing some signs of life, AAPL also helping boost the Nasdaq.

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By Carlos Molina

February 12th, 2010

Roller coaster to end the week

The market finished the week with some crazy wild swings as China did some tightening on their banks lending rules. => Europe still unresolved =>Then, we are going into a long weekend plus next week is Options expiration // ALL of this made the investors a little crazy, early in the morning we saw the Dow Jones going below 10,000 down more than 100+ points, suddenly mid-morning things started to improve, with the technology coming to the rescue.

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By Carlos Molina

February 11th, 2010

Markets up +105 points

Greece getting rescued + jobless claims reversing the trend + U.S. dollar pull back at around 11am = Rally in the Markets across the board.
The Dow Jones closing well above the 10,000 level at 10,144.19 Up 105.81 points, and the S&P above the technical level of 1,075 closing at 1,078.47 Up 10.34 points.
Tomorrow Friday in the markets, we will have an outlook on the retail sales, Michigan Sentiment and Business Inventories before going into a long weekend due to Presidents’ Day. Also, we’re still expecting the details on the bailout for Greece.

So, let’s hope the markets react in an orderly manner and continue to be BULLISH.

Posted in Featured
By Carlos Molina