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Daily Archives: March 2nd, 2008

Market Forecast for Week of 3/3: SPX, Nasdaq, GLD, SLV, GDX, XAU, FXY

The market is behaving erratically. Just when things appeared to be stabilizing, the market gets violently volatile again! VIX closed the week above $26, at $26.54. On Friday, the Dow dropped 315.79 points; SPX fell 37.05 points; and Nasdaq stumbled 37.05 points.
SPY (notice I’m using SPY, right now, as I could not […]

Weekly Wrap!!

This market has been just crazy lately. It has been very emotional and event-driven. The techs have been very weak. Earlier this week, the market tried to rally to finally establish the bottom, but, lost all of the gains back on Friday. For the week, the Dow was down 113.63 points; […]