It was quite a week for the markets, as the energy/oil sectors lead the way and pushed both the DOW and the SP 500 into new heights. This probably caught many investors on the short side by surprise. It seems like the ones that are eager to call a top are finding themselves […]
The big story today? Energy/Oil-related Stocks, especially in the oil services sector. OIH soared as high as 168.24, but, closed at 167.30; still good for a new 52-wk high! The DOW did NOT make a new high today (I guess that “could” be the headline on some newspaper! Newspaper? What’s […]
New Wang’s World article on Seeking Alpha. Check it out!
It was a very good day for the markets! The major market indices were able to successfully vent and test support levels, and, the picture is looking more bullish again! The DOW made another new high, closing at 13487.53! SP 500 seems ready to go higher. Nasdaq made a dramatic comeback, […]
Is TSO ready to roll over? This high flyer seemed to have defied all analysts’ downgrades for a long time! Are the investors finally moving their money elsewhere?
TSO’s daily chart shows weak technical indicators, and, it is presently sitting below its 30-day MA.
For the members of PSW, there was a similar […]
Aside from the DOW, the broader markets were weak today; well, at least in the afternoon. The DOW made another new high! Seems like the mid-caps have been driven so high; now, some of the money is shifting towards the bigger caps (MDY has been stalling for couple of weeks now). We […]
On Thursday last week, when the markets did a major venting, I said, “Since the MACD turned negative, I don’t expect the markets to bounce right back up like the last few time we vented. The best thing for the markets now is to stutter for a couple of days, then, move up. It would […]
A friend of mine recently asked me to give him some ideas for his stock profolio. I looked around the markets and found 5 interesting stocks in 5 different industries. I think they could do well in a bullish market environment.
1) China Yuchai International Ltd. (CYD)/Industrial Goods - Machinery
This is a Chinese […]
Something happened last week on Trading Goddess’ blog site that made me a little concerned about the awareness of blogging etiquettes. And, I wanted to share these posts on my own blog. If you’re interested, please read these and find out more!
To The Person (People) Who Sent Those Emails to TG:
This really pisses […]
After last Thursday’s venting, the markets come roaring back on Friday, much stronger than I had anticipated. I was cautiously thinking that if the markets were able to hold their levels, it would be good. They held their levels, and then some! Next week is options expiration week. So, making forecasts […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
