Overall, the markets were down this week. But, 2 sectors stood out and had some solid performances. We should continue to watch them closely next week.
SOX
SOX staged a huge rally on Thursdays; a 3% gain in one day. It gave back some on Friday. But, the daily chart shows that it […]
The markets rallied today, led by the semiconductors. This weekend, in the “Part I” of my forecast, I said that if SOX goes above 505, it may get ignited. SOX went above 505 early today and took off, gaining 3% for the day! Although the markets were a bit shaky in the […]
In my market forcast this weekend, I said, “…I’m looking for the markets to be strong early in the week, pushing for new highs! There might be some profit-taking mid-to-late week…” The markets were strong early in the week, as we saw the techs pushing Nasdaq to a new multi-year high and the oil-services […]
Check out EFUT!!
EFUT jumped 37+% today on huge volume!! No options, but, still good be fun. No apparent news that I can find. Back in Nov 2006, this thing jumped from 10+ to 48+ in 4 days!! Certainly not for everyone, but, I’ll keep an eye on it.
ARG
ARG jumped 7+% today […]
The markets today were again flat, but, more on the positive side: the DOW, SPX, and Nasdaq all closed green, although less than 0.2%. This could be a bit deceiving because there were certainly pockets of high flyers (CMI, BWLD, JCG, RL, EXPE, and let’s not forget, BIDU!! Do you think Cramer saw […]
Hi everyone!
I am a bit tardy in updating my prior stock pick post. Sorry about that! But, let’s see how we are doing…
If you bot SPTN on the date of this post, your gains thus far would be +27.0%!
And if you also bot CAM on the date of that same post, your gains thus far […]
The markets started out this week flat, although there were some mighty high flyers (MA, BIDU, AAPL, RIMM, GOOG, to name a few…)! The SPX, DOW, and Nasdaq all ended barely red, less than .2%. The semiconductors index (SOX) was able to close on the green side, barely, also less than .2%. […]
The last time I made an update on Baidu.com (BIDU) and Google (GOOG) was June 6, when both stocks just made new all-time highs! At the time, I cautioned readers that these two stocks may need to rest a bit before going higher.
At the end of last week, the markets continued to rally! […]
There were some high flyers this past week! Let’s look at a few!
NMX
NMX added almost 20 points this week. With the uncertainly of CME/ICE/BOT merger deal, and the fact that NMX came out to say that they are for sale, there are certainly a lot of speculation buys recently! The trading volume […]
Happy Father’s Day to the dads out there! Hope you are all #1 dads to your children!!
This was a very volatile week, at least the first half of it. In my forecast last weekend, I said, “There will likely be volatility, but, whichever side wins Monday will likely to get bolder throughout the […]
![[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)
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