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• Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, MOO, XLE, PBW

  Last weekend, in my Market Forecast , I said: " For the new week, the market should be looking for a bounce after the quick fall for the past 2 weeks. The above mentioned levels should be the first resistances. We could see some volatile trading... Posted Jul 11 2010, 07:11 PM by HappyTrading with | with 1 comment(s) Filed under: FSLR, YGE, PBW, GLD, RIG, APA, XLE, CF, STP, TSL, MOO, POT, MOS, HAL, NEM, BP, APC

• Market Stumbles On Economic Worries: SPX, Nasdaq, APA, EOG, IOC, CLF, WLT, BTU, X, AAPL, GOOG, RIMM, AMZN

  Last night, Chinese stock market's Shanghai SE Composite Index dropped more than 100 points, or more than 4%. This morning, the US market followed the bearish sentiment, gapping lower. US consumer confidence index fell 10 points in June , the biggest... Posted Jun 29 2010, 04:59 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, AAPL, APA, X, BTU, AMZN, CLF, WLT, EOG, IOC

• How Fast Things Can Turn: SPX, Nasdaq, APA, BP, RIG, DO, CME, ICE, V, MA, RIMM, AAPL, ORCL

  Just this Monday, things seemed ready to break out with the Chinese yuan finally loosening its peg to the dollar. A couple of bad housing reports and a few days later, this market is at the verge of breaking down again! SPX shot up above 1131 on Monday... Posted Jun 24 2010, 05:36 PM by HappyTrading with | with no comments Filed under: SPX, Nasdaq, RIMM, RIG, AAPL, MA, APA, CME, DO, V, ICE, ORCL, BP

• Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

  After Monday morning's surge, on China loosening yuan's peg to the US dollar , the market has been on the defensive. This morning's home sales data , which fell unexpectedly, further gave the market reasons to take some profits off the table... Posted Jun 22 2010, 05:01 PM by HappyTrading with | with no comments Filed under: RIG, MA, APA, V, UNP, DECK, NFLX, CMG, EOG

• Market Breaks Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

  Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout! Today, the market cooked up a broadbased rally. So far, the market has behaved exactly as discussed in my Market Forecast this weekend . Techs were very strong... Posted Jun 15 2010, 03:17 PM by HappyTrading with | with no comments Filed under: GOOG, RIMM, RIG, AAPL, MA, APA, DO, V, AMZN, JOYG, CLF, PCP, BA, WLT, BP, BUCY, APC, BBY, BHP

• Market Bounces Back After Testing Support: SPX, Nasdaq, APA, DVN, OXY, EOG, IOC, CLF, BTU, FCX, BHP, GLD, BP, RIG, DO

  As discussed in my Market Forecast this weekend, I was looking for more selling pressure to test SPX 1040. The market was weak in the morning and sank as low as SPX 1042.17. Techs were especially weak today. However, the miners drew some buyers back in... Posted Jun 08 2010, 07:42 PM by HappyTrading with | with no comments Filed under: GLD, RIG, OXY, APA, DO, FCX, BTU, DVN, CLF, BP, BHP, EOG, IOC

• A Complete Reversal Of Yesterday! SPX, Nasdaq, SLB, HAL, APA, UPL, EOG, WLT, CLF, PCX, BTU, CME, ICE, RIG, BP, SNDK, FFIV, CREE, AKAM

  This morning, the latest home sales data came in better than expected . Stocks saw strength right from the start. Energy stocks bounced: SLB +8.81%, HAL +11.96%, APA +4.24%, UPL +10.34%, EOG +6.86%. Coal stocks also attracted buyers back in: WLT +6.13... Posted Jun 02 2010, 05:03 PM by HappyTrading with | with no comments Filed under: RIG, APA, CME, AKAM, BTU, ICE, SNDK, SLB, CLF, HAL, CREE, FFIV, WLT, UPL, BP, PCX, EOG

• Energy Stocks Drag The Market Down! SPX, Nasdaq, BP, RIG, DO, SLB, BHI, APA, APC, WLT, CLF, BTU, CNX, ACI, AAPL, APOL, AMGN

  Over the Memorial Day Weekend, BP had failed to stop the oil leak in the Gulf of Mexico. Out of the gate, the oil services sector gapped lower. Further, the government announced criminal and civil investigations into the oil spill. BP stock tumbled 14... Posted Jun 01 2010, 07:59 PM by HappyTrading with | with 2 comment(s) Filed under: APOL, CNX, RIG, AAPL, APA, DO, BTU, ACI, SLB, AMGN, CLF, WLT, BP, APC, BHI

• Market Forecast + Sector Watch: SPX, Nasdaq, GLD, OIH, XLE, XLF, BTK

  Last weekend, in my Market Forecast , I said: " For the new week, the momentum has completely shifted to the downside. We can see that the daily MAs in both SPX and Nasdaq are curving down. On Monday, we may see an attempt to bounce; others may call... Posted May 16 2010, 07:23 PM by HappyTrading with | with 1 comment(s) Filed under: BTK, GLD, HES, OXY, MA, APA, XLE, XLF, AXP, V, OIH, ABX, GOLD, NEM

• Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLE, XME

  Last weekend, in my Market Forecast , I said: " For the new week, things get a bit tricky. While earnings are still expected to be strong, the anxiety over possible financial reforms can cast a shadow on the market, especially over the financial... Posted Apr 25 2010, 04:09 PM by HappyTrading with | with 1 comment(s) Filed under: GLD, HES, OXY, APA, XLE, NOV, UUP, XME, BTU, ACI, SLB, DVN, CLF, WLT, UPL, PCX, ANR, BHI

• Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, XLE, FXI

  Last weekend, in my Market Forecast , I wrote: " For the new week, the passage of the historic health bill may inspire more profit-taking, as now, there are more uncertainties. Besides what affect the new health legislation will have on the health... Posted Mar 28 2010, 07:28 PM by HappyTrading with | with no comments Filed under: HES, APA, XLE, XLF, UUP, FXI, BIDU, CEO, LFC, FMCN, UPL, PTR, SNP

• Market Marches On! SPX, Nasdaq, WLT, MEE, ANR, PCX, HIG, BLK, PNC, STI, STT, APA, APC, OXY, HES

  The market continued to push higher today, ramping up to new 2010 highs! Financials were strong today. FAS (financial bull 3x ETF) hit an intraday high of $96.84. In early February, FAS touched an intraday low of $60. That's a +61% rise from the February... Posted Mar 17 2010, 05:08 PM by HappyTrading with | with no comments Filed under: HES, OXY, APA, PNC, STI, BLK, MEE, STT, HIG, WLT, PCX, ANR, APC

• Energy Stocks Lead The Market In Bounce: SPX, Nasdaq, XOM, RIG, DO, APA, WLT, HES, AMZN, BIDU, BP

  This morning, in addition to encouraging manufacturing and personal spending data, XOM reported better-than-expected earnings . As discussed in my Market Forecast last night , the market was ready for a bounce. Energy stocks led the market higher: XOM... Posted Feb 01 2010, 08:30 PM by HappyTrading with | with no comments Filed under: HES, RIG, APA, DO, XOM, BIDU, AMZN, WLT, BP

• Market At Highest Close In 15 Months! SPX, Nasdaq, IBM, CREE, RMBS, AAPL, APA, WLT, HES

  After brushing aside C's earnings this morning, the market shifted its focus to the Senate race in Massachusetts. Health care stocks started to rise because Brown, the Republican's candidate, was gaining momentum. Other sectors followed higher... Posted Jan 19 2010, 08:13 PM by HappyTrading with | with no comments Filed under: HES, AAPL, BAC, APA, IBM, WFC, STT, CREE, WLT, BK, RMBS

• Market Takes A Breather: MA, V, ICE, CME, CF, CLF, APA

  Well, it's nearly the end of the year, with only 2 trading days left (Friday is the 1st and it's a market holiday). The volume was light and the market took a breather, which was discussed in my Market Forecast this weekend . Not much new development... Posted Dec 29 2009, 07:50 PM by HappyTrading with | with no comments Filed under: MA, APA, CME, V, CF, ICE, CLF