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Category Archives: BG


Market Stalls After 3-Day Rally: SPX, Nasdaq, NFLX, BIDU, BG, POT, CF, MOS, KSS, SHLD, JWN

The market certain had an impressive 3-day rally.  Since Monday’s big jump (Dow +405 points) on Europe’s rescue package, the market continued to push higher.  We saw many of the recent market leaders make new highs.  For example, NFLX traded as high as $119.5 on rumors of being a buyout target for AMZN.  Just last […]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, GS, GOOG, AXP, C, IBM, CSX, UNP

Happy MLK Day!  Hope you’ve had a nice long weekend!
Last weekend, in my Market Forecast, I wrote:
"For the new week, the market still looks strong, but, will have to be supported by good earnings.  Breaking and staying above SPX 1150 could be a psychological blow to the shorts.  Steel stocks may have run a bit too far […]

Gold Rises To Another Record! SPX, Nasdaq, GLD, MON, POT, CF, MOS, BG

The market was yet again flat today, closing a bit on the downside.  Gold, however, jumped in the morning a attained a new record high!  This weekend, in my Market Forecast & Sector Watch, I said,
"GLD is now in uncharted territory, with little resistance.  If the momentum is strong, GLD could run up fast and […]

AAPL Unveils 3G iPhone; RIMM Jumps! SPX, Nasdaq, AAPL, RIMM, POT, MON, X, ANR, STLD, SCHN, CNX, ACI, PCX, BTU

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 […]

MOOing The Bulls: SPX, Nasdaq, CF, POT, MOS, MON, BG, AAPL, X

The market was pretty volatile today as it tried to establish a new trend and prevent reverting back to the recent patterns. It opened lower with the unfavorable unemployment report, but managed to climb back and close in the green. The agriculture stocks were particularly strong. Steel stocks continued to charge […]