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Category Archives: ANR

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, INX2, MOO, GS, AMZN, PCLN, GOOG, CLF, WLT, FCX, ANR, MEE, POT, MOS, AGU, CF

Last weekend, in my Market Forecast, I forecasted, "For the new week, we’ll look to see if we can continue to get improved economic data, especially the consumer confidence and Chicago PMI on Tuesday to perhaps set the tone.  On Friday, we’ll get the latest payroll numbers and unemployment rate.  VIX actually closed lower last [...]

Market Ended Mixed In Volatile Trading: BRCM, SNDK, MRVL, CLF, WLT, ANR, NFLX, AMZN, GOOG, AAPL

The market was weak at the open, but, managed to bounce back.  However, immediately after the Fed minutes were released, the market suffered a quick drop.  It paddled back up in the last hour to closed flat, flat and mixed.  Techs were on the weak side with semiconductors getting hammered; mining stocks, on the other [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLE, MOO, XLF, BTU, WLT, ACI, ANR, MEE, POT, MOS, CF, AGU, JPM, WFC, GS, BAC, AIG

Last weekend, in my Market Forecast, I wrote, "For the new week, on Monday morning, we’ll get the latest ISM and construction spending data.  For both SPX and Nasdaq, the daily MAs of are moving into a new bullish phase.  To break higher, SPX will have to break above 1120.  For Nasdaq, the resistance is at 2300." [...]

Markets Spooked By Europe! SPX, Nasdaq, GOOG, BIDU, AAPL, AMZN, WLT, CLF, ANR, BTU, MA, OSTK

In my Market Forecast this weekend, I said, "…upside moves could be limited…. If the 30-day MA is broken, SPX could easily come down to test 1170."  SPX indeed tested 1170 today and closed just above.  Yesterday, we saw the market bounced higher on better economic numbers.  Today, the market slumped much lower on renewed [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

Last Weekend, in my Market Forecast, I wrote: "For the new week, it certainly looks like the upwards momentum is still with the market.  Nevertheless, the market is getting toppier every week.  Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday.  Most analysts agree that the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

Last Weekend, in my Market Forecast, I wrote: "For the new week, it certainly looks like the upwards momentum is still with the market.  Nevertheless, the market is getting toppier every week.  Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday.  Most analysts agree that the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

Last Weekend, in my Market Forecast, I wrote: "For the new week, it certainly looks like the upwards momentum is still with the market.  Nevertheless, the market is getting toppier every week.  Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday.  Most analysts agree that the [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLE, XME, ACI, PCX, ANR, BTU, WLT, CLF, APA, OXY, HES, UPL, DVN, BHI, SLB, NOV

Last weekend, in my Market Forecast, I said: "For the new week, things get a bit tricky.  While earnings are still expected to be strong, the anxiety over possible financial reforms can cast a shadow on the market, especially over the financial sector…  I think we’ll see some follow-through weakness on Monday.  In general, I’d [...]

Commodity Sectors Bounce, Again! SPX, Nasdaq, WLT, CLF, MEE, ANR, PCX, AAPL, CYD, UPL, OXY, HES

The market was strong today, helped in a big way by the commodity sectors, as the dollar slid.  Miners took control again.  Coal stocks were especially strong, again:  WLT +3.12%, CLF +2.23%, MEE +7% (!!), ANR +3.54$, PCX +5.16%.  MEE closed above $54 at a new 52-week high.  I think it is going higher and [...]

Rising Dollar Pressures Commodities: SPX, Nasdaq, CLF, WLT, ANR, MEE, BIDU, GOOG, AAPL, WYNN

As expected, the market saw profit-taking today.  Commodities were pressured as the dollar jumped.  Euro sank lower as European leaders tried to find a solution to Greek credit crisis.  Gold sank below $1090/ounce and oil slipped below $81/barrel.  Bucking the trend, coal stocks stayed strong:  CLF +2.93% (new 52-week high), WLT +1.13% (new 52-week high), [...]