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Daily Archives: February 3rd, 2008

Optiondragon’s Weekly Watch List for 2/4. With The BIG Fed Cuts Did The Bears Just See Their Financial Shadow?

February 3, 2008 – 7:38 pm

Don’t count the market out just yet. This groundhog sees better days ahead. The Fed just gave the bears their pink slips……just a matter of time.
Economic calender for the week.
Feb 4 10:00 AM (ET)Factory Orders
Feb 5 10:00 AM ISM Services
Feb 6 8:30 AM Productivity-Prel Q4
Feb 6 10:30 AM Crude Inventories
Feb 7 8:30 AM Initial Claims
Feb […]

By optiondragon | Posted in Uncategorized | Comments (0)

Market Forecast for Week of 2/4: SPX, Nasdaq, XLF, BTK, IBB, GLD, XME

February 3, 2008 – 4:23 pm

It’s SuperBowl Sunday!!

Hope you’re having some exciting and crazy fun!!
The market finished strongly last week, ending Friday with the Dow up +92.83 points, SPX adding +16.87 points, and Nasdaq gaining +23.50 points.
SPX

SPX closed at 1395.42. It closed above the 1375 level, its 10-day MA, and its 20-day MA. The 10-day MA and the […]

By HappyTrading | Posted in Uncategorized, Nasdaq, SPX, GLD, BTK, XLF, XME, IBB | Comments (2)