September 25, 2008 – 4:07 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The market kept things in the positive territory all day today, with a small slide in the afternoon. Still, there was no definitive word on the “bailout” plan. Among the modest gains, some sectors stayed weak. Fertilizers were mostly down today: POT -2.86%; CF -4.15%; MON […]
September 10, 2008 – 3:01 pm
from MyHappyTrading.com (FREE Membership) by HappyTrading! ™
So, the market bounced today! Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow. Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today. Yesterday’s big […]
By HappyTrading
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Also posted in GENZ, IMCL, HES, CELG, AMGN, DNA, DVN, UPL, BTU, CNX, MEE, HK
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September 9, 2008 – 4:12 pm
Commodities and related sectors just cannot seem to find a bottom. The market experienced another broad-based selloff! Metals, coals, fertilizers, and energy stocks all recorded huge losses. Metals: X -12.94%; CLF -11.59%; RTP -8.09%. Coals: MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%. Fertilizers: MOS -11.88%; POT -8.52%; CF -12.05%. Energy: UPL -9.31%; DVN -8.11%; […]
By HappyTrading
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Also posted in POT, HES, MOS, X, RTP, CF, CLF, DVN, UPL, BTU, CNX, LEH, CLR, MEE, HK, AIG
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September 2, 2008 – 6:06 pm
The market had a “gap-up” open today as oil took a huge dive on the news that damages from Hurricane Gustav seemed to be limited. But, when SPX went above 1300, the market started to turn lower again! This weekend, in my Market Forecast, I said,
“Both indices are still within their recent ranges: SPX 1260-1300; Nasdaq 2350-2450. […]
August 21, 2008 – 5:52 pm
from My Happy Trading.com
Commodities and related sectors continued to bounce higher today. Crude closed above $120/barrel and gold traded nearly $840/ounce! Energy stocks added to their gains: HES +4.89%; CLR +5.4%; HK +5.94%. Gold and silver miners jumped: AEM +6.93%; ABX +6.76%; PAAS +6.26%. Coal stocks bounced for the 3rd-straight day: CNX +4.14%; ACI +8.06%; MEE […]
The market started the day pretty well, seeing some gap-up opens in the energy sector and oil services. We quickly cashed out our gains in DVN and NOV (both mentioned yesterday). The DVN trade was purchased about a week ago and rendered a +43% gain; the NOV trade gave us an overnight profit […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, SPX, X, NOV, RTP, CLF, DVN, ANR, MEE, PCX, CHK
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The market was mixed today with techs on the weak side. Energy stocks, agriculture, metals, and oil services were strong. AAPL unveiled its new 3G iPhone at $199, $200 cheaper than what’s out there right now:
AAPL shares traded with great volatility and was down more than $10 at one point. Its shares […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, AAPL, RIMM, SPX, MOS, X, MON, CLF, BTU, CNX, STLD, BG, ANR, PCX, SCHN
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The market started out well today and was solidly on the green side. But, rumors about LEH needing to raise capital renewed concerns in the financial sector and took the market on a quick slide. The market later came back up, but, still closed in the red.
Coals went up higher in the morning, […]
It was kind of a sluggish day on the market today, although the commodity related sectors were very strong! This weekend, in my Market Forecast, I said, “I will also be watching how commodities play against the techs. Some commodity related sectors are threatening to make a comeback already, although some money did seem […]
February 28, 2008 – 5:36 pm
Gold (and other precious metals), oil, and natural gas prices spiked up again! Gold is above $970/ounce and crude is above $102/barrel, while the rest of the market staggered. Yesterday, I mentioned that I didn’t like seeing VIX above $22. Sure enough, the broader market faltered today.
The Dow closed down 112.10 points; […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, SPX, FCX, XME, PCU, ECA, SWN, DECK, DVN, UPL, APA, BTU, CNX
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