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Market Marches On! SPX, Nasdaq, WLT, MEE, ANR, PCX, HIG, BLK, PNC, STI, STT, APA, APC, OXY, HES
Fed Feeds The Market To New High! SPX, Nasdaq, CLF, WLT, ACI, PCX, MEE, GOLD, NEM, AEM, SLB, DO, RIG
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, MOO
3/12/10 Weekly Wrap POT, GOOG, RIMM
Financials Help S&P 500 To New High! SPX, Nasdaq, GS, C, PNC, STI, V, MA, RIMM, GOOG, AMZN, AAPL, FSLR, STP, TSL
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Fed Feeds The Market To New High! SPX, Nasdaq, CLF, WLT, ACI, PCX, MEE, GOLD, NEM, AEM, SLB, DO, RIG
In my Market Forecast (click here) this weekend, I said, " Many tech and financial leaders could use a breather. On Tuesday, we have the FOMC meeting. The market may act undecidedly ahead of the meeting. If the market slips ahead of Fed's rate...
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Mar 16 2010, 05:32 PM
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Market Makes Gains On Merger Deals: AIG, MIL, OSIP, INCY, MDVN, BIIB, ONXX, BMRN, HGSI, NFLX, BIDU, ISRG, PCLN, GLD, GOLD, AMZN
The market was very strong today, inspired by a few merger/acquisition deals. This weekend, news reported that AIG was making a deal to sell its Asia-based life insurer AIA Group. AIG was up +4.08% today. This afternoon, it was confirmed that the British...
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Mar 01 2010, 08:44 PM
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Market Pressured By Alcoa's Earnings: SPX, Nasdaq, BIDU, FAS, HES, WLT, RTP, GOLD
Last night, AA reported earnings that missed the estimates . The market gapped down at the open and slid lower, although the Dow climbed back up, ending down only 0.34%! AA shares closed 11.06% lower for the day. Commodity sectors were weak across the...
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Jan 12 2010, 07:47 PM
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Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK
Last weekend, in my Market Forecast , I wrote, " For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate. With the MACD turning lower, we could see another couple of days of profit...
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Jan 10 2010, 10:53 PM
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Time To Look At Gold Again? SPX, Nasdaq, DO, SLB, RIG, GLD, GOLD, ABX, RGLD, GS, WLP, AET, CI, UNH
The dollar continued to climb higher today and gold followed lower. Gold has come down about $100/ounce in 3 trading sessions, closing just around $1128/ounce from a high of about $1228/ounce last Thursday. GLD, the gold ETF, has faltered from a recent...
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Dec 08 2009, 08:02 PM
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Market Rises To New Heights! SPX, Nasdaq, GLD, SLV, GOLD, ABX, NEM, CNX, BTU, ACI, MEE, ZOOM, SINA
This morning, retail sales numbers came in better than expected . Investors were seemingly encouraged by the data and proceeded to push the stocks higher. Gold, once again, made new highs, trading above $1140/ounce. Oil also went higher. Commodity sectors...
Posted
Nov 16 2009, 04:40 PM
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Market Forecast + Sector Watch: SPX, Nasdaq, GLD, GDX, XLF, XLE
Last weekend, in my Market Forecast , I said, " For the new week, the market will start the week in a neutral position. If SPX and Nasdaq can rise above their respective daily MAs, the market can rally higher. The immediate resistance levels above...
Posted
Nov 15 2009, 08:25 PM
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Market Forecast + Sector Watch: SPX, Nasdaq, GLD, GDX, XLF, BTK
Last weekend, in my Market Forecast , I said, " For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday. What the market is trying to show is the potential "double-dip" if the...
Posted
Nov 08 2009, 04:15 PM
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HappyTrading
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Fed Leaves Rates At Historical Lows: SPX, Nasdaq, GLD, ABX, GOLD, CSCO, QCOM, NWSA, PRU
This morning, in our Trading Room , a member asked about what to expect immediately after the Fed's rate decision annoucement: angar November 4, 2009 6:58 AM Good morning happy. are you expecting rally after Fed meeting today? I replied: November...
Posted
Nov 04 2009, 04:13 PM
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HappyTrading
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NWSA
Gold At New Record High! SPX, Nasdaq, GLD, SLV, GOLD, ABX, AEM, PAAS, TSL, STP, YGE, BNI, UNP, CSX
It was a volatile morning while stocks bounced around and experienced fast swings in a tight range. We got shaken out of a couple of trades in the morning. But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084...
Posted
Nov 03 2009, 07:38 PM
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HappyTrading
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CSX
5-Figure Gain ($$,$$$) On Record Gold!! SPX, Nasdaq, GLD, SLV, AEM, GOLD, ABX, PAAS, BVN
Today, the market was very strong, as the dollar dropped further and the commodity sectors countinued to bounce. Gold and silver plays broke out higher, as I commented in our Trading Room this morning: October 6, 2009 7:28 AM I slept in today and woke...
Posted
Oct 06 2009, 05:33 PM
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HappyTrading
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Market Stays In Flat Ahead Of Jobs Data: SPX, Nasdaq, ESI, APOL, EDU, NKE, AEM, GOLD, ABX
The market was very choppy today. It opened higher, but, soon dipped back to hover around the flatline. A drop in consumer confidence prompted the market to be a little more cautious . Education stocks were strong today. ESI was up +2.42% and traded almost...
Posted
Sep 29 2009, 03:10 PM
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HappyTrading
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Filed under:
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More Profit-Taking To Let Off Steam! SPX, Nasdaq, AEM, GOLD, BTU, MEE, CNX, RIMM, AAPL
Even though the jobs data was favorable this morning, the commodity sectors remained weak. It was a signal that profit-taking was going to continue. Crude oil and gold prices fell further. Miners dropped lower: AEM -5.22%, GOLD -3.41%, BTU -2.58%, MEE...
Posted
Sep 24 2009, 07:32 PM
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HappyTrading
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Filed under:
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Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, XME, SWH
Last weekend, in my Market Forecast , I said, " For the new week, most sectors seem to have sync'd up to go higher. SPX closed right at its 10-day MA while Nasdaq closed above. Another solid green day, the indices could have the daily upper BB...
Posted
Sep 13 2009, 07:07 PM
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HappyTrading
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CLF
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MSFT
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PAAS
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SWH
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ADBE
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, XME, MOO
Happy Labor Day! Hope you've had a nice, restful, long weekend. Last weekend, in my Market Forecast , I wrote: " For the new week, although the market indices are showing a bullish formation, not being able to push higher after going above the...
Posted
Sep 07 2009, 05:16 PM
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HappyTrading
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