September 2, 2008 – 6:06 pm
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. […]
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
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Also posted in POT, Nasdaq, SPX, HES, MOS, X, FSLR, RIG, MON, DVN, BTU, CNX, MEE, ENER
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August 11, 2008 – 5:59 pm
from MyHappyTrading.com (by HappyTrading)
First trading day on the new site, and we’ve got bagger (+100%) trades to show. The market was strong most of the day. The Dow slipped into the red briefly in the afternoon, but, was able to come right back to close in the green. Techs led the market again, and the commodity-related […]
Commodity-related sectors were down big today and kept pressure on the overall market. USO went down 3.48% as the crude traded below $120/barrel intraday. Energy sector took a tumble: HK -14.23%; HES -7.97%; CLR -9.63%; DVN -7.43%. Oil services were hit pretty hard too: NOV -8.05%; DO -6.08%; RIG -4.26%. […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, HES, MOS, NOV, DO, RIG, AGU, DVN, CLR, HK
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The market was strong today with commodity-related sectors joining the rally. USO (oil) jumped +4.17%, while UNG (natural gas) went up +2.02% Crude traded up more than $4 as a surprise drop in the U.S. oil supply was reported. XLE (energy) led the rally today, flying up almost +6%! Here are […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, HES, MOS, FSLR, NOV, RIG, V, CLR, CHK
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The market traded all over the place today. It opened down; then, went into green; but, ended pretty much where it opened, in the red! The financials bounced a little bit today. Techs were still weak. Energy plays, coals, and metals were mixed; some were stronger intraday, but, most ended on […]
The market saw buyers coming back in today as oil fell $4.75! China announced that it will raise gasoline and diesel fuel prices by 16% and 18%, respectively. This news prompted PTR and SNP to capture solid gaines. PTR traded as high as $146.25, but, closed at $140.49, up +4.43%; while SNP […]
By HappyTrading
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Also posted in PTR, POT, Nasdaq, SPX, MOS, BA, SNP, CNX, MEE, PCX, DAL, UAUA, CAL, NWA
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The market had a good start, but, contiued to drift lower until the close. GS reported its earnings this morning, and, again it beat the estimates! GS had an early jump, opening $3 higher than yesterday’s close. But, since it has gone up so much in the past couple of trading sessions […]
The market opened higher today on favorable durable goods data. But, soon dropped into the red. However, after lunch, the commodities-related sectors seemed to gain more and more momentum. I, then, commented on the member board:
HappyTrading
Posted May 28, 2008 at 9:47 am | Permalink (Edit)
market
commodities are joining in; we might get a […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, MOS, X, NOV, DO, RIG, MON, MOO, CLF, CNX, ANR, MEE
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The market was extremely choppy today, perhaps unnerved with the anticipation of the Fed minutes and then uncomforted after the Fed minutes had come out. But certain sectors still showed lots of strength: metals and miners, agriculture, and energy.
The Dow was down 35.99 points; SPX fell 7 points; and Nasdaq lost 6.07 […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, MOS, SPWR, MA, FSLR, ESLR, STP, SOLF, MON, DVN, UPL, APA, WM, V
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