Skip navigation

Category Archives: BUCY

Market Jumps On Better Manufactoring Data: SPX, Nasdaq, CLF, WLT, JOYG, BUCY, AAPL, AMZN, NFLX, GOOG, AKAM

The market bolted out of the gate today and never looked back.  Last night, China reported a better-than-expected PMI number.  Today, our ISM Index also showed better-than-expected manufacturing activity.  As discussed in my Market Forecast this weekend, we paid extra attention to the mining sector.  Our trade in CLF turned an overnight profit of +60% [...]

Market Breaks Above Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout!  Today, the market cooked up a broadbased rally.  So far, the market has behaved exactly as discussed in my Market Forecast this weekend.  Techs were very strong today.  RIMM led the charge with a +5.85% gain, while AAPL, AMZN, GOOG added [...]

Market Forecast + Sector Watch: SPX, Nasdaq, OIH, GLD, XME, INX2, RIG, BP, SLB, HAL, DO, NOV, X, JOYG, BUCY, AMZN, GOOG, PCLN

Last weekend, in my Market Forecast, I wrote: "For the new week, the market is definitely struggling to bounce from May’s slump.  However, Europe’s financial problems may be worse than that of the US, as China’s Premier warned of a possible double-dip in the global economy’s attempt to recover.  Charts are certainly showing the same [...]

Commodity Stocks Roar Back! SPX, Nasdaq, WLT, CLF, X, NUE, RTP, CAT, DE, BUCY, JOYG, AAPL, ADBE, ORCL

The market spent most of the day in the positive territory.  In the last couple of hours, the rally accelerated into the close.  Miners have been weak, but, they roared back up today.  WLT jumped $5, or +5.79%, to close at $91.3; that’s $9 up from yesterday’s open!  CLF added +6.87%.  X was up +4.94% while [...]

Market Bounces On Possible Greece Rescue: SPX, Nasdaq, CAT, BUCY, JOYG, AGU, POT, CF, UAUA, DAL, JBLU, LCC, BIDU, NTGR, GS

This morning, the market was encouraged by a possible rescue plan for Greece’s debt crisis.  In addition, CAT received an upgrade from Morgan Stanley.  Commodity sectors jumped and pushed the Dow back above the 10,000 mark.  CAT finished the day up +5.42%.  Both BUCY and JOYG also benefitted, gaining +4.48% and +2.74%, respectively.  AGU reported [...]

A Positive Reversal For A Change! SPX, Nasdaq, GOOG, BIDU, CME, MA, JOYG, BUCY, POT, CF, MOS, MON

from MyHappyTrading.com (FREE Membership) by HappyTrading! ™ The market gapped down at the open today.  Jobless claims and trade deficit data did not seem encouraging.  But, after the spike down, buyers steadily came in.  Both SPX and Nasdaq basically tested the July lows.  Most sectors reversed their morning losses and ended the day with solid [...]

Fed To The Rescue! SPX, Nasdaq, GOOG, BIDU, CAT, JOYG, BUCY

Wow, “what a difference a day makes!” It’s Fed to the rescue! $200 billion of liquidity to be pumped into the financial markets! Guess Simon & Garfunkel were right: when you “slip sliding away”, you’re almost there! The market opened strong, dozed off until after lunch, and closed with a roaring freight train! The Dow [...]

Breaking Support? SPX, Nasdaq, JOYG, BUCY, MRVL, NSM

A slew of negative news put additional pressure on the market today. More problems in the wake of credit concerns revealed themselves in Thornburg Mortgage Inc. (TMA). Further, news about Carlyle Capital Corp Ltd, an European firm that invests in mortgage-backed securities, not meeting margin call requirements spooked investors about mortgage REITs. This exerted more [...]

Review 2/4/08: SPX, Nasdaq, JOYG, BUCY, SIRF, SOHU, CME, NYX, NMX, ICE

The market spent its time today letting off some steam. It held up well, with techs being a little weaker. This weekend, in my Market Forecast, I said, “For the new week, I think the market could feel the need to vent. How the market handles the venting will be very important. …If the market [...]