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Daily Archives: August 18th, 2007

Market Forecast for Week of 8/20 (Part II): Sectors to Watch

August 18, 2007 – 11:12 pm

We’ve already looked at the financial sector (XLF) yesterday. I like GS and MA in that sector.
Solar
There are talks about INTC interested in aquisitions in the solar energy sector. This could get buyers back into the solar game. We’ve been participating in solar plays for a while now. WFR has been […]

By HappyTrading | Posted in Uncategorized | Comments (0)

Market Forecast for Week of 8/20 (Part I): SPX, Nasdaq, XLF

August 18, 2007 – 2:20 pm

Friday was a good follow-through on Thursday’s bounce; thanks to the Fed! The Fed’s 0.5% cut in the discount rate was perhaps cheered the most by the financial sector. I have been saying for a few weeks now that we’ll need to see the financial sector establish a bottom to see the broader […]

By HappyTrading | Posted in Uncategorized, Nasdaq, SPX, XLF | Comments (4)