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Category Archives: BHP

Market Bounces Back After Testing Support: SPX, Nasdaq, APA, DVN, OXY, EOG, IOC, CLF, BTU, FCX, BHP, GLD, BP, RIG, DO

June 8, 2010 – 7:18 pm

As discussed in my Market Forecast this weekend, I was looking for more selling pressure to test SPX 1040.  The market was weak in the morning and sank as low as SPX 1042.17.  Techs were especially weak today.  However, the miners drew some buyers back in and stayed strong most of the day:  CLF +4.42%, [...]

By HappyTrading | Also posted in APA, BP, BTU, CLF, DO, DVN, EOG, FCX, GLD, IOC, OXY, RIG | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XME, XLF, CLF, WLT, X, GS, BHP

April 4, 2010 – 7:51 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will need to push higher to catch the daily upper BB soon if this rally were to continue.  SPX and Nasdaq spent the last 4 trading sessions hovering around their respective key levels.  The daily upper BBs are closing in; so, [...]

By HappyTrading | Also posted in CLF, GLD, GS, USO, WLT, X, XLF, XME | Comments (0)

Review 2/5/08: SPX, Nasdaq, CME, NYX, JDSU, RTP, BHP

February 5, 2008 – 7:13 pm

The market’s downward momentum accelerated drastically today by the low ISM number, stirring more economic concerns. The market could not hold its 10-day MA and it slid continuously until the close. The Dow was down 370.03 points; SPX fell 44.18 points; and Nasdaq tumbled 73.28 points. Most sectors were lower today: VIX jumped +8.66%. Techs [...]

By HappyTrading | Also posted in CME, JDSU, NYX, RTP, Uncategorized | Comments (0)

Review 11/8/07: SPX, Nasdaq, VIP, MBT, WFR, JASO, FSLR, RTP, BHP, NVDA, PCLN

November 8, 2007 – 6:59 pm

This market is acting like its on some kind of psychedelic drug – it is “seeing” all sorts of colors!! LOL!! The market opened slightly green, but, quickly faded into the red. Then, it got a little more red. Then, it got a LOT more red! Meanwhile, we’re cashing in GR$$Ns from the solar plays! [...]

By HappyTrading | Also posted in FSLR, JASO, MBT, NVDA, PCLN, RTP, Uncategorized, VIP, WFR | Comments (0)

Review 8/22/07: SPX, Nasdaq, BHP, CFC, MGM, GOOG, AAPL, POT, PCP

August 22, 2007 – 5:39 pm

The Dow rose +145.27 points; SPX added +16.95 points; and the Nasdaq gained +31.5 points! WOOHOO!!! Yesterday, I said, “I think if/when SPX and Nasdaq both rise above their 10-day MAs, we’ll see more buyers coming in!” And, they are coming out from everywhere! Check out this map of the market: Noticed that the “basic [...]

By HappyTrading | Also posted in AAPL, CFC, GOOG, MGM, Nasdaq, PCP, POT, SPX, Uncategorized | Comments (2)