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Category Archives: AKS

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, SOXX, XLF

Last weekend, in my Market Forecast, I said, "For the new week, the market will start on some shaky grounds.  Once again, it’s mostly about the earnings!  On Tuesday, before the market opens, C reports, and after the market, we’ll hear from IBM.  These could set the tone for the broader market until Thursday, when [...]

Coals And Steels Lead The Market Higher! SPX, Nasdaq, BBBY, CNX, BTU, ACI, MEE, X, NUE, AKS, WLT, POT, MOS, XOM, XTO

This morning, a +7.4% jump in existing home sales gave investors something to cheer about!  All top 10 holdings of XHB (S&P Homebuilders ETF) made gains: BBBY was especially strong, adding +3.48%.  Besides the homebuilders, miners were very strong, especial the coal stocks:  CNX +4.05%, BTU +3.7%, ACI +5.03%, MEE +2.38%.  Steel stocks also pushed [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, XME, OIH

Last weekend, in my Market Forecast, I wrote, "For the new week, a strong move to open the week should push the market above SPX 1100.  If the market does close above SPX 1100, we should see a new bullish formation on SPX’s daily chart.  We should see new buyers rush into the market, if [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLE, XLF, XME

Last weekend, in my Market Forecast, I said, "For the new week, we could see some major advancements in the market by the week’s end.  The important thing is for the market to keep above SPX 1080 and Nasdaq 2150, while letting off some steam.  Techs will see a lot of important earnings:  AAPL (Monday), [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, UUP, XME, MOO

Last weekend, in my Market Forecast, I wrote: "For the new week, Monday may be a bit shaky, as the market needs to let off some more steam.  But, as long as the market does not fall too far below the daily upper BB, it should stay strong.  SPX 1030 and Nasdaq 2050 will be [...]

Commodity Sectors Jump Again! CNX, BTU, CLF, X, AKS, NUE, FSLR, SPWRA, TSL, STP, POT, MOS

The market continued with its graduate ascend.  Commodity sectors were strong again!  Yesterday, I wrote about the coal stocks.  Today, they pushed higher:  CNX +4.47%; BTU +2.11%; CLF +5.1%.  Yesterday, we bought CNX Oct 42 calls: September 14, 2009 07:46 | HappyTrading CNX ($42.20) Bought to Open SDFJP Oct 42 calls, at $2.69 Today, we [...]