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Category Archives: BTK

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

May 16, 2010 – 8:06 pm

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 [...]

By HappyTrading | Also posted in ABX, APA, AXP, GLD, HES, MA, NEM, OIH, OXY, V, XLE, XLF, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, BTK, AIG, AET, UNH, SLXP, NUVA, CELG, AMGN, OSIP, GENZ, PRU

February 28, 2010 – 8:40 pm

Last weekend, in my Market Forecast, I said, "For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance.  The market has rallied quite far.  Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120.  So, if SPX 1130 cannot [...]

By HappyTrading | Also posted in AET, AIG, AMGN, CELG, GENZ, GLD, NUVA, OSIP, PRU, SLXP, UNH, UUP, XLF | Comments (0)

Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK

February 21, 2010 – 8:43 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, if SPX can push above 1080, the market could rally higher to test 1100.  Above 1100, 1120 is the next resistance.  Tech stocks should continue higher if the market environment is strong.  Gold is ready to push higher.  We’ll also be watching to [...]

By HappyTrading | Also posted in AAPL, ABX, AMGN, AMZN, CELG, GENZ, GILD, GLD, GOOG, Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, RIMM, TEVA, USO, UUP | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

January 10, 2010 – 10:59 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

By HappyTrading | Also posted in AA, ABX, BAC, BIIB, CELG, DO, GLD, GS, INTC, JPM, RIG, SLB, TEVA, USO, WFC, XLF, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, SOXX, GLD

November 8, 2009 – 8:49 pm

Last weekend, in my Market Forecast, I said, "For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday.  What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon.  On Friday, the market will get the latest unemployment rate [...]

By HappyTrading | Also posted in ABX, AMAG, AMGN, AXP, BIIB, CELG, GDX, GLD, MA, NEM, OSIP, PNC, RGLD, V, WFC, XLF, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, PBW, BTK

June 28, 2009 – 8:59 pm

Last weekend, in the Market Forecast, I wrote: "For the new week, we have the Fed meeting on Wednesday.  The market still seems undecided and is showing mixed signals.  VIX, closing below 28, could start a new leg down.  On the other hand, energy sectors are showing weakness.  Financials are in neutral gear and could go [...]

By HappyTrading | Also posted in BAC, BLK, FCX, GS, PBW, STP, TSL, X, XLF, XME, YGE, ZOLT | Comments (0)

Market Forcast + Sector Watch: SPX, Nasdaq, XLF, XLE, BTK, XME

June 21, 2009 – 8:44 pm

Last weekend, in my Market Forecast, I wrote: "If the indices close below the 10-day MAs, it could draw more profit-taking.  As mentioned before, VIX is trying hard to keep the support at 28.  But, it is still below 30; so, there is still not a lot of selling pressure, at least not yet!  There [...]

By HappyTrading | Also posted in ATI, BAC, FCX, GS, X, XLE, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, SOXX, BTK

May 31, 2009 – 8:22 pm

Last weekend, in my Market Forecast, I wrote: "Although this rally looks to be struggling, I’m not necessarily convinced that it is done.  We are mostly in cash and will be prepared to trade on either side.  If the market indices break the support at the 30-day MA, we may see the slide accelerate.  SPX [...]

By HappyTrading | Also posted in ELN, HGSI, INCY, OIH, OXGN, SNY, SOXX, USO | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, USO, BTK

January 19, 2009 – 5:28 pm

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “The market is now again at support.  Breaking blow the daily MAs could easily push the market lower, and perhaps to test the Nov 2007 bottom.  VIX has risen back above 40 and could test the resistance [...]

By HappyTrading | Also posted in GLD, Nasdaq, SPX, USO, XLF | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, SLV, USO, BTK, PBW, SKF, SRS

January 11, 2009 – 1:31 pm

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We had another great week last week, including a nearly +200% trade on FSLR and catching the overnight bagger on APOL: 10:55 | FSLR ($161.50) Sold to Close HJQAL Jan 160 calls, at $8.00 +11% 07:58 | AEM ($49.53) Sold to Close AEMAJ Jan 50 [...]

By HappyTrading | Also posted in GLD, Nasdaq, PBW, SKF, SLV, SPX, SRS, USO | Comments (0)