Stocks have been slumping since the beginning of 2016. Sellers just keep selling. Tech stocks have been dropping fast the past couple of weeks, from biotechs to internets to semiconductors to software; across the board, they have all been weak.

We have been staying mostly in cash and playing the downside here and there. While the markets have been pulling back, we have been making nice gains. My Happy Trades portfolio has popped more than +30% in the past 30 days!

In October last year, I wrote an article, titled "Time to Buy Some Gold!". While gold traded mostly flat in the following months, GLD has now just broken out to the up side. During these past couple of weeks, investors have really started to put money into gold, while getting out of the stock market.

Near-term resistance for GLD lies between $116 to $118. But, I think we can add some gradually. Things are still very volatile. Positions in GLD will be mid- to long-term positions.

Good morning and HappyTrading! ™

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 ...

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 ...

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 today that ...

My " Happy Trades" portfolio did well for the week.  (Be sure to also read the Weekly Wrap-Up for "Ecstatic Plays", where I discuss the overall market.)

All of our new trades for the week were profitable, and ...

We mainly traded on the downside in the "Happy Trades" portfolio, besides our CLVS calls.  All of the closed trades were profittable:

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 healthy

BTK has ...

Looking through some of the gainers from last week, two stocks caught my attention.  These two stocks have not performed well in the recent months.

GRPN

GRPN  has not performed well at all this year.  But, the stock popped after ...

We had another good week in the Happy Trades Portfolio.  We locked in gains from WDC and LULU calls:

WDC broke out today, adding +2.62% to close at $107.8.  I think this could test $110 soon.  We locked in our profits on Jan calls:

for a nice +32.62% profit.

Biotechs continued to zoom higher.  We talked about CLVS in ...

Both SPX and the Dow made new all-time highs again last week! Financials were very strong, which over-compensated for the weakness in energies.

Stocks took a quick fall on Monday, and SPX tested 2050. But, buyers quickly came in and ...

We had a really nice trade on Monday on TRGP puts, which scored an intraday +100% profit!