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Category Archives: BHI

Energy Stocks Drag The Market Down! SPX, Nasdaq, BP, RIG, DO, SLB, BHI, APA, APC, WLT, CLF, BTU, CNX, ACI, AAPL, APOL, AMGN

June 1, 2010 – 7:59 pm

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, ACI, AMGN, APA, APC, APOL, BP, BTU, CLF, CNX, DO, RIG, SLB, WLT | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, OIH, XME, SOXX, WLT, CLF, GOLD, BP, RIG, DO, SLB, HAL, BHI

May 31, 2010 – 7:03 pm

First of all, happy Memorial Day! Last weekend, in my Market Forecast, I said: "For the new week, we’ll have to see how much momentum the bounce on Friday has to carry through.  SPX 1110, 1120, and its 10-day MA should provide resistances.  The daily MAs of SPX and Nasdaq are well into their new [...]

By HappyTrading | Also posted in BP, CLF, DO, GLD, HAL, OIH, RIG, SLB, SOXX, WLT, XME, gold | Comments (0)

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

April 25, 2010 – 6:52 pm

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 [...]

By HappyTrading | Also posted in ACI, ANR, APA, BTU, CLF, DVN, GLD, HES, NOV, OXY, PCX, SLB, UPL, UUP, WLT, XLE, XME | Comments (1)