August 21, 2008 – 5:52 pm
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 […]
August 19, 2008 – 5:59 pm
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. […]
August 13, 2008 – 5:33 pm
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 […]
By HappyTrading
|
Also posted in POT, Nasdaq, SPX, HES, MOS, X, FSLR, CF, RIG, MON, DVN, CNX, MEE, ENER
|
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 […]
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 […]
By HappyTrading
|
Also posted in Uncategorized, POT, Nasdaq, AAPL, RIMM, SPX, MOS, X, MON, CLF, ACI, CNX, STLD, BG, ANR, PCX, SCHN
|
Today was a BIG MONEY $$$$$ DAY for us! Even though the market was just flat, we were in the right places at the right time.
First of all, 2 big earnings plays: FLR and CSIQ
As mentioned last night, FLR reported stellar earnings. This trade was brought to us by one of […]
By HappyTrading
|
Also posted in Uncategorized, Nasdaq, AAPL, SPX, BIDU, AMAT, FSLR, PBW, CSIQ, APA, CNX, FLR, OII
|
It was kind of a sluggish day on the market today, although the commodity related sectors were very strong! This weekend, in my Market Forecast, I said, “I will also be watching how commodities play against the techs. Some commodity related sectors are threatening to make a comeback already, although some money did seem […]
February 28, 2008 – 5:36 pm
Gold (and other precious metals), oil, and natural gas prices spiked up again! Gold is above $970/ounce and crude is above $102/barrel, while the rest of the market staggered. Yesterday, I mentioned that I didn’t like seeing VIX above $22. Sure enough, the broader market faltered today.
The Dow closed down 112.10 points; […]
By HappyTrading
|
Also posted in Uncategorized, Nasdaq, SPX, FCX, XME, PCU, ECA, SWN, DECK, DVN, UPL, APA, ACI, CNX
|
![[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)
