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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The market was pretty volatile today as it tried to establish a new trend and prevent reverting back to the recent patterns. It opened lower with the unfavorable unemployment report, but managed to climb back and close in the green. The agriculture stocks were particularly strong. Steel stocks continued to charge […]
The market was basically flat today as some profit-taking gave things a chance to let off some steam. But, certain sectors were showing very strong performances. Metals, energy, and agricultures all showed a lot of strength. MON boosted its 2008 guidance and saw its shares jump nearly +10%. Other stocks in […]
February 25, 2008 – 8:02 pm
It was a day for the bulls, and a day of “the cows”! MOO (agriculture ETF) jumped more than +3%, as many of its components continued to make new all-time highs! Last night, in my Market Forecast, I said of the “MOOs”,
“This sector looks ready to break out again! POT, MOS, and CF […]
February 7, 2008 – 5:27 pm
The market bounced today after opening lower. Two weeks ago, on 1/22/08, I said,
HappyTrading
Posted January 22, 2008 at 12:21 pm | Permalink (Edit)
market
I’m cautiously “more” optimistic. If this is indeed establishing the bottom, then, we haven’t seen the real bounce yet. The initial bounce will need to take SPX to 1375-1410 (the 2 resistance […]
![[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)
