September 25, 2008 – 4:07 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The market kept things in the positive territory all day today, with a small slide in the afternoon. Still, there was no definitive word on the “bailout” plan. Among the modest gains, some sectors stayed weak. Fertilizers were mostly down today: POT -2.86%; CF -4.15%; MON […]
September 23, 2008 – 4:45 pm
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The market was mixed for most of the day. Techs saw some bounces and kept the market indices on the green side. On the other hand, commodity-related sectors were weak. Just yesterday, things were the other way around! The market got weak after lunch, bounced back […]
By HappyTrading
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Also posted in GS, POT, ATI, MOS, X, RTP, CF, MON, CLF, BTU, MEE
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September 10, 2008 – 3:01 pm
from MyHappyTrading.com (FREE Membership) by HappyTrading! ™
So, the market bounced today! Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow. Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today. Yesterday’s big […]
By HappyTrading
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Also posted in GENZ, IMCL, HES, CELG, AMGN, DNA, DVN, UPL, BTU, ACI, MEE, HK
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September 9, 2008 – 4:12 pm
Commodities and related sectors just cannot seem to find a bottom. The market experienced another broad-based selloff! Metals, coals, fertilizers, and energy stocks all recorded huge losses. Metals: X -12.94%; CLF -11.59%; RTP -8.09%. Coals: MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%. Fertilizers: MOS -11.88%; POT -8.52%; CF -12.05%. Energy: UPL -9.31%; DVN -8.11%; […]
By HappyTrading
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Also posted in POT, HES, MOS, X, RTP, CF, CLF, DVN, UPL, BTU, ACI, LEH, CLR, MEE, HK, AIG
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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
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Also posted in POT, Nasdaq, SPX, HES, MOS, X, FSLR, CF, RIG, MON, DVN, BTU, MEE, ENER
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Today, the market was pretty much all about the biotechs! This morning, BMY announced its intention to buy IMCL for $60/share. The news inspired a jump in the whole biotech sector. BMY shares traded down 1.81% and IMCL shares jumped +37.66%! CELG added +1.85%; OSIP hopped +5.34%; SVNT advanced +2.78%; and […]
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, CF, SNP, MEE, PCX, DAL, UAUA, CAL, NWA
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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 […]
![[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)
