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Category Archives: BTU


Deal Or No Deal?! SPX, Nasdaq, POT, CF, MON, MOS, CNX, BTU, ACI, MEE, RIMM

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The market kept things in the positive territory all day today, with a small slide in the afternoon.  Still, there was no definitive word on the “bailout” plan.  Among the modest gains, some sectors stayed weak.  Fertilizers were mostly down today:  POT -2.86%; CF -4.15%; MON […]

Market Loses Gains To Close Lower! SPX, Nasdaq, POT, MOS, MON, CF, CNX, MEE, BTU, RTP, X, CLF, ATI, GS

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The market was mixed for most of the day.  Techs saw some bounces and kept the market indices on the green side.  On the other hand, commodity-related sectors were weak.  Just yesterday, things were the other way around!  The market got weak after lunch, bounced back […]

Market Bounces… At Least For Today! SPX, Nasdaq, CNX, MEE, ACI, BTU, DVN, HES, UPL, HK, IMCL, DNA, GENZ, AMGN, CELG

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So, the market bounced today!  Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow.  Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today.  Yesterday’s big […]

Commodities Dive; LEH Down 45%!! SPX, Nasdaq, X, CLF, RTP, MEE, BTU, ACI, CNX, CF, MOS, POT, UPL, DVN, HK, CLR, HES, LEH, AIG

Commodities and related sectors just cannot seem to find a bottom.  The market experienced another broad-based selloff!  Metals, coals, fertilizers, and energy stocks all recorded huge losses.  Metals:  X -12.94%; CLF -11.59%; RTP -8.09%.  Coals:  MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%.  Fertilizers:  MOS -11.88%; POT -8.52%; CF -12.05%.  Energy: UPL -9.31%; DVN -8.11%; […]

Market Finishes Red From A Big Gap-Up Open: SPX, Nasdaq, RTP, X, BTU, ACI, MEE, MOS, CF, POT

The market had a “gap-up” open today as oil took a huge dive on the news that damages from Hurricane Gustav seemed to be limited.  But, when SPX went above 1300, the market started to turn lower again!  This weekend, in my Market Forecast, I said,
“Both indices are still within their recent ranges: SPX 1260-1300; Nasdaq 2350-2450.  […]

Commodities Bounce Higher! SPX, Nasdaq, HES, CLR, HK, AEM, ABX, PAAS, CNX, MEE, ACI, BTU

from My Happy Trading.com
Commodities and related sectors continued to bounce higher today.  Crude closed above $120/barrel and gold traded nearly $840/ounce!  Energy stocks added to their gains: HES +4.89%; CLR +5.4%; HK +5.94%.  Gold and silver miners jumped: AEM +6.93%; ABX +6.76%; PAAS +6.26%.  Coal stocks bounced for the 3rd-straight day:  CNX +4.14%; ACI +8.06%; MEE […]

Commodities Bounce; Financials Still Weak: SPX, Nasdaq, MEE, CNX, BTU, RIG, SLB, NOV, AEM, HPQ

from My Happy Trading.com
Financials and techs were weak for the 2nd straight day.  On the other hand, commodity-related sectors bounced.  Metals and mining groups were strong.  Coals showed a lot of strength: MEE +7.58%; CNX +6.53%; BTU +7.64%.  Oil services also recorded solid gains:  RIG +2.46%; SLB +3.93%; NOV +4.37%.  Crude oil closed above $115/barrel.  […]

Commodities Jump As Gasoline Inventory Dropped: SPX, Nasdaq, POT, CF, MON, MOS, X, BTU, MEE, CNX, RIG, DVN, HES, FSLR, ENER

Oil prices rebounded today as US gasoline inventory dropped.  This also led to an sharp bounce in most of the commodity-related sectors.  Agriculture stocks were especially strong: POT +6.59%; CF +9.82%; MOS +10.35%; MON +5.2%.  Metals and mining stocks also jumped: X +6.21%; BTU +8.32%; MEE +7.75%; CNX +7.73%.  Energy-related plays drew buyers as well: RIG […]

Financials And Oils Still Pressuring The Market: SPX, Nasdaq, FDX, GS, XME, CNX, PCX, ANR, BTU, MEE, OSTK

The market started out weak, with FDX delivering disappointing earnings and forward guidance. After the oil inventories came out, crude oil price started to rise and added more pressure on the market. The financials continued to be weak, although GS was able to add +1.86%.
The metals and mining sector was hot, led by […]

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 […]