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Daily Archives: April 6th, 2008

Market Forecast for Week of 4/7: SPX, Nasdaq, XLF, MOO, PBW, XME, FXI

April 6, 2008 – 2:35 pm

The market had a great week last week, with the Dow gaining +393.02 points. Metals, agriculture, and solar stocks were particularly strong. Let’s take a look to see where the market stands.
SPX

On Friday, SPX added +1.09 points to close at 1370.4. Its daily MAs and MACD continued to rise. […]

By HappyTrading | Posted in Uncategorized, Nasdaq, FXI, SPX, XLF, XME, MOO, PBW | Comments (0)

Weekly Wrap!

April 6, 2008 – 1:07 pm

Last week, I said,
“The market is being tested yet again. Last time the market rallied above the daily MAs was about a month ago, at the end of February. Last time, it got driven down below where the rally had started by the end of that week (2/29). This time, the situation is better. The […]

By HappyTrading | Posted in Uncategorized | Comments (0)