from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded in a tighter range today and eked out a gain. The financials were on the weak side, but, the commodities jumped again! Energy stocks were very strong: CVX +3.81%; XOM +2.39%; DVN +9.54%; OXY +11.07%; APA +8.75%; CHK +23.22%! Gold and silver [...]
Monthly Archives: December 2008
Commodities Continue To Bounce: SPX, Nasdaq, CVX, XOM, DVN, OXY, APA, CHK, PAAS, SLW, AEM, ABX
December 10, 2008 – 7:34 pm
Choppy Market Gives Back Some Gains: SPX, Nasdaq, ERTS, FSLR, SPWRA, TSL, ENER, STP, WFC, GS, BAC, JPM
December 9, 2008 – 5:03 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market suffered another setback today, as target slashes poured in from various companies. The latest came from ERTS after the market, and its shares traded 10% lower. Solar stocks were especially weak today: FSLR -13.15%; SPWRA -11.61%; TSL -12.18%; ENER -6.99%; STP -13.84%. Financials [...]
Market Jumps On Recovery Plans: SPX, Nasdaq, X, CLF, BTU, MEE, ACI, TXN, NSM, ALTR, FDX
December 8, 2008 – 4:53 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market jumped out of the gate this morning, cheering the spending plan on infrastructure from President-elect Obama and the propsed rescue loans for the automakers. Metals and mining led the market, as they have been driven so low in the past few months: X [...]
Market Forecast + Sector Watch: SPX, Nasdaq, USO, UNG, GLD, INX2, BTK (public)
December 7, 2008 – 10:16 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “The market seems to be testing the 30-day MA again (The Dow, not shown here, actually closed above the 30-day MA last week.) There are some differences this time: 1) The financials are leading the rally this time. [...]
Ode To One of the Greatest of the Greatest Generation.
December 5, 2008 – 4:25 pm
Posted By optiondragon Bernard Baruch- Considered one of the greatest traders of all time, was one of the greatest of the Greatest Generation. Was on the Nazi hit list and was instrumental in turning America into an economic powerhouse in order to defeat the Nazis in WWII. Instrumental in winning both World Wars. Here sits [...]
Energy Sectors Pulls The Market Lower! SPX, Nasdaq, RIG, DO, SLB, NOV, HES, APA, OXY
December 4, 2008 – 4:50 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded slightly higher in the morning, but, faded into an accelerated drop to the close. The energy sectors were especially weak. Oil prices continued to fall. Crude went below $44/barrel! Oil services tumbled to new 52-week lows: RIG -11.18%; DO -7.09%; SLB -5.95%; NOV [...]
Market Finishes Up, Commodities Weak: SPX, Nasdaq, CNX, CLF, MEE, RTP, FCX, RIG, SLB, HES
December 3, 2008 – 4:19 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Market shrugged off a string of bad economic news this morning and traded higher in the afternoon. There were also talks about Treasury considering plans to lower mortgage rates to help the housing market. The market was still very volatile, changing directions twice before deciding [...]
Market Rebounds, But, No Bottom Yet! SPX, Nasdaq, WFC, BAC, PRU, C, JPM, RIG, DO, USO
December 2, 2008 – 5:00 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It another roller-coaster day! The market was encouraged in the morning by GE‘s promise to keep its dividend and traded higher in the morning. By lunch time, the momentum started to turn. The market was also discouraged by the auto sales numbers in November and briefly [...]
Market Tumbles After Thanksgiving! SPX, Nasdaq, SKF, SRS, DUG, EEV, FXP
December 1, 2008 – 4:56 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! I have been saying for a couple of days that the market needs to take a rest, after consecutive days of gains. The new economic reports this morning gave the market all the reasons that it needs to cash out. The selling never let up [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
