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Category Archives: APA

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, OIH, XLE, XLF, BTK, GOLD, ABX, NEM, APA, OXY, HES, MA, V, AXP

Last weekend, in my Market Forecast, I said: "For the new week, the momentum has completely shifted to the downside.  We can see that the daily MAs in both SPX and Nasdaq are curving down.  On Monday, we may see an attempt to bounce; others may call it a relief rally.  First resistances will be SPX 1130 [...]

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 [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, XLE, FXI, APA, HES, UPL, CEO, PTR, SNP, LFC, FMCN, BIDU

Last weekend, in my Market Forecast, I wrote: "For the new week, the passage of the historic health bill may inspire more profit-taking, as now, there are more uncertainties.  Besides what affect the new health legislation will have on the health care and insurance industry, some analysts are also paying more attention to the on-going discussions on financial [...]

Market Marches On! SPX, Nasdaq, WLT, MEE, ANR, PCX, HIG, BLK, PNC, STI, STT, APA, APC, OXY, HES

The market continued to push higher today, ramping up to new 2010 highs!  Financials were strong today.  FAS (financial bull 3x ETF) hit an intraday high of $96.84.  In early February, FAS touched an intraday low of $60.  That’s a +61% rise from the February low in just a little over one month!!  BLK got [...]

Energy Stocks Lead The Market In Bounce: SPX, Nasdaq, XOM, RIG, DO, APA, WLT, HES, AMZN, BIDU, BP

This morning, in addition to encouraging manufacturing and personal spending data, XOM reported better-than-expected earnings.  As discussed in my Market Forecast last night, the market was ready for a bounce.  Energy stocks led the market higher:  XOM +2.72%, RIG +3.07%, DO +3.67%, APA +3.68%, WLT +4.74%, UPL +4.98%. AMZN shares fell more than 5% as [...]

Market At Highest Close In 15 Months! SPX, Nasdaq, IBM, CREE, RMBS, AAPL, APA, WLT, HES, BAC, WFC, BK, STT

After brushing aside C’s earnings this morning, the market shifted its focus to the Senate race in Massachusetts.  Health care stocks started to rise because Brown, the Republican’s candidate, was gaining momentum.  Other sectors followed higher.  Energy stocks turned green.  Miners were also strong.  Tonight, Brown secured a victory.  Health care stocks may get a pop [...]

Market Takes A Breather: MA, V, ICE, CME, CF, CLF, APA

Well, it’s nearly the end of the year, with only 2 trading days left (Friday is the 1st and it’s a market holiday).  The volume was light and the market took a breather, which was discussed in my Market Forecast this weekend.  Not much new development besides pockets of strength here and there.  On Monday, [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, XLE, MA, V, ICE, CME, STT, PNC, BLK

Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll pay attention to the GDP and retail reports on Tuesday.  Nasdaq looks really strong.  Its daily upper BB has opened up.  Normally, I’d say that Nasdaq is setting up for a breakout.  But, with this "undecided" market environment, we’ll have to wait [...]

Merry Christmas & Happy Holidays! GOOG, AMZN, APA

It’s been a very nice week as the market breaks higher.  We’re 100% green on the closed trades, yet again (trades above +50% gain are highlighted): December 24, 2009 08:14 | HappyTrading GOOG ($617.50) Sold to Close GOPAA Jan 600 calls, at $24.00 +61% 07:27 | HappyTrading GOOG ($615.80) Sold to Close GOPAA Jan 600 [...]

Internet Stocks Jump! CNX, BTU, APA, WLT, PCLN, AMZN, YHOO, EBAY, GOOG

This morning, crude inventories came in lower than expected.  New home sales was down, but personal spending and salary rose.  These were enough to keep investors’ jovial holiday spirit.  Energies, coals, and steels (all mentioned yesterday) continued to rise:  CNX+4.94%, BTU +2.58%, APA +0.87%, WLT +1.31%. Internet stocks were hot today.  PCLN recorded a new 52-week [...]