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Category Archives: CF

Market Pushes Higher: SPX, Nasdaq, POT, CF, MOS, RIG, DO, APC, HAL, BP, GOOG, AMZN, PCLN

Yesterday, I mentioned that "we should see resistance between SPX 1070 and 1080."  This morning, the market tested SPX 1070 and started to pullback a bit.  But, in the last hour, the market pushed higher again, closing above SPX 1070. Agriculture stocks were strong:  POT +4.02%, CF +5.12%, MOS +4.63%.  Oil services continued to run [...]

Market Jumps On Better Economic Data! SPX, Nasdaq, BHP, CLF, GS, BP, APC, NOV, NBL, DO, RIG, CF, POT, AGU, MON

This morning, the latest jobless claims fell by the largest amount in almost a year.  In addition, China reported solid export numbers.  The market opened strongly and closed even higher.  On Tuesday, in my article, I gave some trading ideas.  Basically, I said that if the market is strong, the buying will be in the energy [...]

Market Stalls After 3-Day Rally: SPX, Nasdaq, NFLX, BIDU, BG, POT, CF, MOS, KSS, SHLD, JWN

The market certain had an impressive 3-day rally.  Since Monday’s big jump (Dow +405 points) on Europe’s rescue package, the market continued to push higher.  We saw many of the recent market leaders make new highs.  For example, NFLX traded as high as $119.5 on rumors of being a buyout target for AMZN.  Just last [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, MOO, CLF, WLT, X, MEE, POT, CF, TRA, MOS, AGU

Last weekend, in my Market Forecast, I wrote: "For the new week, both SPX and Nasdaq are showing a new bullish formation in their respective daily MAs.  Nasdaq is basically at the resistance set back in January, 2325.  SPX’s next resistance is at 1150.  Above these resistance level, the market could break out to a [...]

Miners Keep The Market Up! SPX, Nasdaq, WLT, CNX, MEE, ACI, CF, POT, MOS, AGU, TRA, MDVN

The market started out strong today.  Although it gave back some gains in the afternoon, it managed to close in the green.  Gold rallied today to above $1130/ounce.  Miners led the market.  Besides the gold miners, coal stocks were also very strong.  WLT made a new 52-week high, closing at $84.53 and traded above $85/share.  [...]

Market Pares Loss With A Mid-Day Bounce: SPX, Nasdaq, ESRX, KSS, DECK, CME, ICE, CF, POT, MOS, AGU

The market opened lower today as the number of jobless claims increased in the latest data.  However, in the afternoon, the market started to reverse its direction.  Fertilizers were among the first ones to be bought.  CF, in particular, bounced on heavy buy volume after opening below $100/share; it ended up $4.60, or +4.56%, to [...]

Commodity Sectors Rally Higher! SPX, Nasdaq, TRA, POT, MOS, CF, AGU, TSL, GLD, CNX, CLF, BTU, X, RTP

Stocks rallied today, led once again by the commodity sectors.  As I have been saying for a week now, "The dollar is very strong, but, perhaps needs a breather.  Commodity sectors could see buyers rushing in if the dollar pulls back."  The dollar finally got a meaningful pullback today, sending SPX towards 1100. Over the [...]

Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, GLD, USO, SOXX, MOO

This weekend is a triple holiday weekend!  Happy Valentine’s Day, Happy Chinese New Year, and Happy President’s Day!                   Hope you’ve had a wonderful weekend! Last Sunday, in my Market Forecast, I wrote: "For the new week, the market could stage a bounce and bounce off of SPX 1060.  Whether or not the bounce is [...]

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 [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, GS, GOOG, AXP, C, IBM, CSX, UNP

Happy MLK Day!  Hope you’ve had a nice long weekend! Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks strong, but, will have to be supported by good earnings.  Breaking and staying above SPX 1150 could be a psychological blow to the shorts.  Steel stocks may have run a bit [...]