September 7, 2008 – 2:39 pm
from MyHappyTrading.com by HappyTrading! ™
The market had a really tough week last week. The Dow lost 322.59 points; SPX fell 40.52 points; Nasdaq tumbled 111.64 points!! Last weekend, in my Market Forecast, I said,
“For the new week, although we only have 4 trading sessions, I think it could be a very crucial week. VIX could […]
August 10, 2008 – 7:11 pm
from MyHappyTrading.com (by HappyTrading)
Last weekend, I said,“The market is fighting to make this recovery stick. Nasdaq tested its daily upper BB last week and its 10-day MA has gone above the 30-day MA. The 20-day MA has turned up. SPX, on the other hand, is seeing the 10-day MA above the 20-day MA, but, was […]
The market was volatile last week and ended flat. The Dow ended the week down 44.37 points; SPX added +2.55 points; Nasdaq gained just +0.43 points. Since the market was swinging from side to side very fast and was range-bound, we did not make too many trades.
However, once again, we ended […]
The market ended another volatile week with the Dow down 188 points, SPX losing 23.41 points, and Nasdaq sliding just 6.3 points. We monitored the market cautiously and faired pretty well, with not too many published trades:
GLD (95)
GLDHK, Aug 89 calls, at $7, +59%
MER ($28.6)
MERSF, July 30 puts, at $2.9, -4.9%
SVNT ($27.37)
UVPGE, July […]
The market ended on a down note last week, as oil spiked up above $139/barrel. On Friday, the Dow was down 394.64 points; SPX lost 43.47 points; and Nasdaq tumbled 75.38 points. Just the day before, on Thursday, the Dow was up +213.97 points, with SPX adding +26.85 points and Nasdaq gaining +46.80 […]
last week, the market had a pretty good week. Oil came down and the money rolled into techs. QQQQ is already back to where it was 2 weeks ago. The market was pretty steady on Friday, with the Dow down 7.9 points, SPX adding +2.21, and Nasdaq gaining +14.34 points.
SPX
SPX added +2.12 […]
February 3, 2008 – 4:23 pm
It’s SuperBowl Sunday!!
Hope you’re having some exciting and crazy fun!!
The market finished strongly last week, ending Friday with the Dow up +92.83 points, SPX adding +16.87 points, and Nasdaq gaining +23.50 points.
SPX
SPX closed at 1395.42. It closed above the 1375 level, its 10-day MA, and its 20-day MA. The 10-day MA and the […]
October 7, 2007 – 2:37 pm
HGX (housing)
I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the […]
By HappyTrading
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Also posted in Uncategorized, GS, GENZ, GOOG, FXI, IMCL, AMAG, XLF, CMI, CELG, HGX, PCLN, PCP, MA, AMGN, ONXX, BSC, CEPH, OSIP, INX2, AMZN, NTGR, HHH, EDU, JASO, JCI, IR
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What a week!! The volatility was way high, jumping from 17 to above 24!! Most sectors were down, but, we managed to make some good money buying puts!!
Since the recent down-turn seems to be, at least initially, caused by housing and credit “woes”, let’s start our “sector watch” with the financials, XLF.
XLF (financials)
This […]
By HappyTrading
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Also posted in Uncategorized, SOX, gold, TSO, XLF, XME, USO, dollar, VLO, SUN, HES, FTO, MRO
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![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
