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Daily Archives: August 3rd, 2008

Weekly Wrap + Market Forecast: SPX, Nasdaq, XLF, USO, GLD, FXI, BTK

The market was volatile last week and ended flat. The Dow ended the week down 44.37 points; SPX added +2.55 points; Nasdaq gained just +0.43 points. Since the market was swinging from side to side very fast and was range-bound, we did not make too many trades.
However, once again, we ended […]

Canadian Superior Energy and Challenger Energy Could Be On The Brink Of A Jackpot. (SNG, CHQ, UNG, XLE)

Submitted By Optiondragon

With natural gas (UNG) and oil (USO) pulling back from recent highs, energy names have also corrected. That being said maybe now is the time to look for some gems. SNG and CHQ are my favorite energy plays right now. Traders in our forum have heard me discuss the prospects of these […]