Thank you Amazon!! You helped!! AMZN, itself, closed up more than +24%!! SPX and Nasdaq both safely closed above their respective levels that I mentioned yesterday (SPX 1510; Nasdaq 2640). The financial sector made a small bounce, with XLF up just 0.16 points; and, GS jumped 5 points!! But, perhaps a […]
Is it “Amazon to the rescue”?!
After the market, AMZN reported earnings that more than tripled from a year ago! The company also raised its forecast, for the full fiscal year, to $13.80 billion to $14.30 billion, up from its earlier outlook for $13.4 billion to $14 billion. AMZN shares were trading up more […]
Finally, a big down day for the market! Let’s quickly check out some of the indices and ETFs:
SPX -30.53, -1.98%
Nasdaq -50.72, -1.89%
Dow -226.46, -1.62%
SOX (semiconductors) -10.2, -1.91%
BTK (biotechs) -5.99, -0.77%
XLF (financials) -0.89, -2.51%
OIH (oil services) -4.01, -2.13%
USO (oil) -1.22, -2.16%
XME (metals and mining) -1.79, -2.75%
GLD (gold) 0, 0%
The financial sector (XLF) is what worries […]
SPX has fallen below the support at 1525! Be very careful, as the market can go into a correction from here. I’m going mostly cash!
The thing that makes this drop different is that we’ve hung around 1530-1540 for a few days, and gradually slid a couple of days instead of a quick sharp […]
Overall, it was a quiet day today. SPX gained 0.49% and Nasdaq garnered 0.11%. But, there were some pockets of high flyers! OIH advanced 2.05% to close at 188.26, but, went as high as 191.11, a new all-time high (ATH). FXI (an ETF tracking Chinese ADRs) also made a new ATH, […]
As you may recall, Trading Goddess made a post here on 6/19, recommending these stocks:
KO
NTDOY
MAT
TGT
ENR
And, the results are in:
KO +3.54%
NTDOY.PK +23.59%
MAT -4.78%
TGT +6.51%
ENR +8.26%
Thank you Trading Goddess!! And, in keeping with Trading Goddess’ posting style, I have these pictures! I went to the LA Aboretum today with my girlfriend, and “accidentally” took some […]
We have the bulk of the earnings this week. We saw how easily the markets got shifted around by the earnings last week. This week the earnings may help determine the near-term direction of the markets, especially, since S&P500 (SPX) is pretty much neutral right now. Pushing it above or below certain […]
That was a volatile week! The market tried to break away and was able to set new highs, but disappointing news from both GOOG and CAT on the same day proved to be too hard to ignore. So, what’s the outlook for next week? Let’s see first how some of the major […]
Both gold and silver rallied this week. Gold is at 683.5 and silver is at 13.28. Let’s check out two of the ETFs for gold and silver:
GLD (gold)
GLD has been riding its daily upper BB up all week. It tested 68 today. Breaking above 68 would probably send it flying. […]
Who doesn’t want to have more energy? Most of us all do! We just don’t want the little kids around us to have too much. Whether or not they are your kids, little kids with too much energy can be quite a handful!
So, Yoga can help you to relax, it can also […]
![[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)
