After hearing that CIT managed to secure a financing deal , the market opened higher. Commodity sectors led the charge (see Sector Watch from last night's article ). Miners were especially strong: FCX added +2.7% (earnings tomorrow morning); X jumped +5.51%; BTU was up +5.04% ( upgrade today ); RTP...
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Happy Trading Blog
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HappyTrading
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Mon, Jul 20 2009
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Filed under: RTP, CNX, MA, TXN, AXP, X, V, FCX, BTU, MEE, HGSI, CLF, LM, JDAS, CIT, PCU
After hearing that CIT managed to secure a financing deal , the market opened higher. Commodity sectors led the charge (see Sector Watch from last night's article ). Miners were especially strong: FCX added +2.7% (earnings tomorrow morning); X jumped +5.51%; BTU was up +5.04% ( upgrade today ); RTP...
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My Happy Trading Community Articles
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HappyTrading
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Mon, Jul 20 2009
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Filed under: MA, V, BTU, CNX, MEE, HGSI, RTP, X, FCX, AXP, TXN, CLF, LM, JDAS, CIT, PCU
The market spent most of the day trading flat. But, in the late afternoon, there was a surge of buying just before IBM and GOOG's earnings reports. This morning, JPM reported a 36 percent jump in second quarter profits , but, its shares traded flat. On the other hand, GS pushed higher in the afternoon...
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Happy Trading Blog
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HappyTrading
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Thu, Jul 16 2009
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Filed under: SPX, Nasdaq, GOOG, CNX, GS, MA, JPM, AXP, X, IBM, V, FCX, MEE, SNDK, STEC