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Market Moves Well Above Resistance
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, CLF, WLT, X, MEE, POT, CF, TRA, MOS, AGU
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Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK (public)
Last weekend, in my Market Forecast , I wrote: " For the new week, if SPX can push above 1080, the market could rally higher to test 1100. Above 1100, 1120 is the next resistance. Tech stocks should continue higher if the market environment is strong...
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Feb 21 2010, 08:37 PM
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Market Awaits Latest Jobs Data: SPX, Nasdaq, BIDU, GOOG, RIMM, AAPL, CSCO, V, MA, BRCM
Yesterday, in my evening article , I said, " After 2 days of bouncing, the market may need a bit of rest tomorrow before some important earnings reports ..." Indeed, we saw some profit-taking today. Commodity sectors were mostly weak. BIDU jumped...
Posted
Feb 03 2010, 08:33 PM
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Market Unstable Ahead Of Busy Wednesday: SPX, Nasdaq, AIG, X, GS, FSLR, SPWRA, AMSC, TSL, AAPL, YHOO, GILD, SANM, SHW
In the past 2 days, the market has been really unstable, trading in a tight range, but, basically unchanged since last Friday's close. Tomorrow, lots of things are happening. Treasure Secretary Timonthy Geithner will be questioned by the Congress...
Posted
Jan 26 2010, 07:37 PM
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Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, SOXX, XLF (public)
Last weekend, in my Market Forecast , I said, " For the new week, the market will start on some shaky grounds. Once again, it's mostly about the earnings! On Tuesday, before the market opens, C reports, and after the market, we'll hear from...
Posted
Jan 24 2010, 07:51 PM
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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
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Market Sinks To Test Support: SPX, Nasdaq, MS, WFC, AAPL, FCX, FFIV, EBAY
Yesterday, in my evening article , I said, " For the past 4 trading sessions, the market has been treading water, which means some consolidation is happening. Both SPX and Nasdaq are sliding away from the daily upper BB. This shows a lack of immediate...
Posted
Oct 21 2009, 08:03 PM
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Earnings Fail To Excite Market! SPX, Nasdaq, AAPL, TXN, BLK, BTU, YHOO SNDK, CREE, ISRG
Although both AAPL and TXN reported solid earnings yesterday, they were not enough to draw more buyers in, just yet. The market took a breather as the dollar managed a bounce, which resulted in weakness in the commodity sectors. AAPL closed below the...
Posted
Oct 20 2009, 05:24 PM
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Market Rallies Higher On Commodity Sectors! SPX, Nasdaq, POT, MOS, CF, AGU, FCX, RTP, BTU, ACI, CNX, AAPL, TXN
The market was strong today with commodity sectors leading the rally. Yesterday, in my Sector Watch , we looked at the agriculture sector, as MOO made a solid move higher last week. Today, POT was rumored to be a buyout target for BHP , and, the sector...
Posted
Oct 19 2009, 04:54 PM
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CF
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MOS
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TXN
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Market Forecast + Sector Watch: SPX, Nasdaq, XME, USO, GLD, MOO, SWH (public)
Last weekend, in my Market Watch , I wrote: " For the new week, the earnings reports are going to be the driving force. The market has run up for 5 consecutive days and may need to rest and trade sideways to start the week. INTC and ALTR will report...
Posted
Oct 18 2009, 08:16 PM
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HappyTrading
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Filed under:
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MOO
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AAPL
,
FCX
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YHOO
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MSFT
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EBAY
,
SWH
Financials And Techs Stay Strong! SPX, Nasdaq, GOOG, BIDU, AAPL, MA, V, GS, BAC, WFC, COF, AA
Last night, in my article , I said that " we might see some volatility in the morning as the market fights around this pivot point ." Indeed, the market opened lower, but, quickly bounced back. Then, it spent most of the morning and early afternoon...
Posted
Oct 07 2009, 04:46 PM
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HappyTrading
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AA
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COF
Weekly Wrap + Market Forecast + Sector Watch (Part II): SPX, Nasdaq, GLD, USO, XME, XLF, BLK, ISRG, FSLR, AAPL (public)
Last weekend, in my Market Forecast , I wrote: " For the new week, the market seems to be in a consolidation phase. Both SPX and Nasdaq are displaying a new "bearish" crossover in the MACD. VIX could test 27 from here. The 20-day MA will...
Posted
Oct 04 2009, 07:40 PM
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HappyTrading
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Filed under:
GLD
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XLF
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AAPL
,
ISRG
Market Dives On Weak Data: SPX, Nasdaq, QCOM, BRCM, AAPL, GOOG, BIDU, FSLR, NWSA
The market opened lower this morning and continued to slide until the close. A few new economic data that came out today were worse than expected, including manufacturing and jobless claims reports . VIX jumped to close above 28. Last Friday, in our Trading...
Posted
Oct 01 2009, 08:07 PM
by
HappyTrading
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Filed under:
BRCM
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QCOM
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FSLR
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GOOG
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BIDU
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AAPL
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NWSA
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
by
HappyTrading
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Filed under:
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AEM
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BTU
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CNX
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MEE
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,
GOLD
More New Highs!! SPX, Nasdaq, NOV, DO, SLB, RIG, AAPL, GOOG, AMZN, GS, HIG, PRU, BLK, COF, CME
Yesterday, in my article , I said, " I think VIX will test 23 again tomorrow. If VIX breaks below 23, I think we'll see SPX above 1060 !" Today, VIX broke below 23, and SPX went above 1060. Although VIX bounced in the afternoon, the market...
Posted
Sep 16 2009, 08:11 PM
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HappyTrading
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NOV
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GOOG
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BLK
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AAPL
,
HIG
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PRU
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COF
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RIG
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SLB
Gold And Silver Plays Jump! SPX, Nasdaq, GLD, SLV, AEM, ABX, GOLD, PAAS, SSRI, AIG
Last night, in my article , I said, " We should see some bounces tomorrow. But, with this sharp downward momentum, we should see a bit more selling before Friday ." Indeed, the market was slightly up for most of the day, but, sank to close in...
Posted
Sep 02 2009, 03:32 PM
by
HappyTrading
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Filed under:
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ABX
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GOLD
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AIG
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PAAS
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