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Last weekend, in my Market Forecast , I wrote: " For the new week, we should see strength in the market early in the week. Friday's jobs report actually paints a very good scenario for the stock market. While jobs were added, the unemployment rate was left unchanged. This should help to keep...
Posted to
My Happy Trading Community Articles
by
HappyTrading
on
Sun, Apr 11 2010
Filed under:
Filed under: JPM, AEM, GS, WFC, MS, BAC, ABX, GOLD, PAAS, NEM
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Last weekend, in my Market Forecast , I wrote: " For the new week, we should see strength in the market early in the week. Friday's jobs report actually paints a very good scenario for the stock market. While jobs were added, the unemployment rate was left unchanged. This should help to keep...
Posted to
Happy Trading Blog
by
HappyTrading
on
Sun, Apr 11 2010
Filed under:
Filed under: GS, BAC, JPM, MS, AEM, WFC, ABX, GOLD, PAAS, NEM
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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 the daily MAs are SPX 1080 and Nasdaq 2150. Although...
Posted to
My Happy Trading Community Articles
by
HappyTrading
on
Sun, Nov 15 2009
Filed under:
Filed under: GLD, MA, APA, XLF, JPM, PNC, AEM, GS, WFC, XLE, BAC, V, GDX, BLK, ABX, GOLD, AXP, CVX, XOM, OXY, SLB, RGLD
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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 the daily MAs are SPX 1080 and Nasdaq 2150. Although...
Posted to
Happy Trading Blog
by
HappyTrading
on
Sun, Nov 15 2009
Filed under:
Filed under: GLD, OXY, GS, BAC, MA, APA, JPM, PNC, XLE, XLF, AXP, AEM, XOM, V, GDX, WFC, BLK, ABX, GOLD, SLB, CVX, RGLD
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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/ounce! Gold surged on news that the Reserve Bank...
Posted to
Happy Trading Blog
by
HappyTrading
on
Tue, Nov 3 2009
Filed under:
Filed under: YGE, GLD, SLV, AEM, STP, TSL, UNP, BNI, ABX, GOLD, PAAS, CSX
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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 up to a multi-5-figure day!! ($$,$$$) Thanks AEM...
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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 up to a multi-5-figure day!! ($$,$$$) Thanks AEM...
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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 to $112 before closing at $110.05. APOL added...
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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 the red just before the close. But, instead of chasing...
Posted to
Happy Trading Blog
by
HappyTrading
on
Wed, Sep 2 2009
Filed under:
Filed under: GOOG, GLD, SLV, AAPL, GS, JPM, IBM, AEM, WFC, ABX, GOLD, AIG, SSRI, PAAS
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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 the red just before the close. But, instead of chasing...
Posted to
My Happy Trading Community Articles
by
HappyTrading
on
Wed, Sep 2 2009
Filed under:
Filed under: GLD, SLV, JPM, IBM, AEM, GS, WFC, GOOG, AAPL, ABX, GOLD, AIG, SSRI, PAAS
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Last weekend, in my Market Forecast , I said, " For the new week, although market still looks strong, it is also toppy. After 2 weeks of rallying, it is starting to look sluggish. SPX 980 is posing some resistance. We could see some profit-taking and consolidation here before testing SPX 1000. SPX...
Posted to
My Happy Trading Community Articles
by
HappyTrading
on
Sun, Aug 2 2009
Filed under:
Filed under: GLD, XLF, AEM, GS, STT, UUP, XME, STI, X, FCX, ABX, GOLD
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Last weekend, in my Market Forecast , I said, " For the new week, although market still looks strong, it is also toppy. After 2 weeks of rallying, it is starting to look sluggish. SPX 980 is posing some resistance. We could see some profit-taking and consolidation here before testing SPX 1000. SPX...
Posted to
Happy Trading Blog
by
HappyTrading
on
Sun, Aug 2 2009
Filed under:
Filed under: GLD, GS, XLF, X, UUP, AEM, XME, STI, FCX, STT, ABX, GOLD
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Last weekend, in my Market Forecast , I said, " For the new week, after treading water for the past 2 weeks, the market is starting to slide on to the bearish side. After not being able to break higher during the week, both SPX and Nasdaq ended below the 30-day MA. Further, the MACD is curving down...
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Last weekend, in my Market Forecast , I said, " For the new week, after treading water for the past 2 weeks, the market is starting to slide on to the bearish side. After not being able to break higher during the week, both SPX and Nasdaq ended below the 30-day MA. Further, the MACD is curving down...
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The market showed some promise on Monday with SPX rising almost to 930 and Nasdaq nearing 1850. But, today's unexpected drop in consumer confidence prompted investors to put on the brakes again . Commodity sectors were all weak. Financials retreated as well. After better-than-expected earnings last...
