Last weekend, in my Market Forecast, I wrote:
"For the new week, a whole lot more earnings reports are coming in… The market is barely being supported by its daily MAs. A quick dip could send it to test SPX 1040 again. It’ll be up to the earnings again. Monday and Tuesday could induce big market […]
By HappyTrading
|
Also posted in POT, SMH, SOXX, AKAM, INTC, XLF, XME, SOHU, FSLR, NOV, QCOM, BRCM, CME, MOT, GLW, PBW, CLF, AEM, CNX, WLP, V, BP
|
Over the Memorial Day Weekend, BP had failed to stop the oil leak in the Gulf of Mexico. Out of the gate, the oil services sector gapped lower. Further, the government announced criminal and civil investigations into the oil spill. BP stock tumbled 14.97%! Other oil services companies took a hit as well: RIG -11.85%, DO […]
By HappyTrading
|
Also posted in AAPL, DO, RIG, SLB, APOL, CLF, APA, BTU, ACI, CNX, WLT, BP, APC, BHI
|
Last weekend, in my Market Forecast, I wrote:
"For the new week, the help that eurozone governments have committed to Greece should inspire the market to a strong start. We could easily see SPX 1200 tested. Nasdaq can rise to test 2480. We’ll also see the beginning of the earnings season, with AA reporting after the […]
By HappyTrading
|
Also posted in EBAY, IBM, AAPL, FFIV, FCX, GLD, XLF, XME, BA, QCOM, INX2, AMZN, EMC, SNDK, MSFT, BTU, MEE, PCX, MCD, MDC
|
February 28, 2010 – 8:40 pm
Last weekend, in my Market Forecast, I said,
"For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance. The market has rallied quite far. Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120. So, if SPX 1130 cannot be […]
By HappyTrading
|
Also posted in GENZ, UNH, GLD, BTK, XLF, CELG, OSIP, PRU, AIG, UUP, AET, SLXP, NUVA
|
February 21, 2010 – 8:43 pm
Last weekend, in my Market Forecast, I wrote:
"For the new week, if SPX can push above 1080, the market could rally higher to test 1100. Above 1100, 1120 is the next resistance. Tech stocks should continue higher if the market environment is strong. Gold is ready to push higher. We’ll also be watching to see […]
By HappyTrading
|
Also posted in GENZ, GOOG, Nasdaq, AAPL, RIMM, GLD, BTK, USO, CELG, AMZN, ABX, TEVA, GILD, UUP, Market Forecast + Sector Watch + Weekly Wrap: SPX
|
November 8, 2009 – 8:49 pm
Last weekend, in my Market Forecast, I said,
"For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday. What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon. On Friday, the market will get the latest unemployment rate report. […]
By HappyTrading
|
Also posted in gold, GLD, BTK, AMAG, XLF, CELG, MA, BIIB, OSIP, ABX, GDX, AXP, V, WFC, PNC, NEM, RGLD
|
September 21, 2009 – 8:49 pm
Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors. Indeed today, we saw weakness in these sectors. I also thought that coals and steels may not be done going up, although they also needed to let off more steam. After the morning […]
By HappyTrading
|
Also posted in AMAG, CELG, OSIP, EDU, FRE, APOL, FNM, AIG, ESI, INCY, COCO
|
August 11, 2009 – 1:05 pm
Wanted to share with you all a recent article I wrote (below), very brief. Also, to let you know some of the solid winners we’ve been posting of late on happy trading:
August 10, 2009
07:32 | Bagger Vance AKAM ($19.76) Sold to Close UMUIR Sep 18 calls, at $2.15 +105%
July 30, 2009
06:31 | Bagger […]
The market started on a down beat today. But, it quickly reversed its direction. More favorable economic data helped to draw sidelined money into the market, including better-than-expected consumer spending and pending home sales. Biotechs were strong with AMGN adding another $1.53. Casino stocks jumped today. Both WYNN and LVS added about +8.5%. MGM hopped […]
It was a run n’ gun start for the markets today…something lacking all week long. We talked in the room yesterday about compression that was building and that energy released on today with a fury. SPX seems like a test of 1000 in days, while the Naz hit 2000 before the close. […]
![[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)
