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Category Archives: CNX

Market Rises To New Heights! SPX, Nasdaq, GLD, SLV, GOLD, ABX, NEM, CNX, BTU, ACI, MEE, ZOOM, SINA

November 16, 2009 – 6:11 pm

This morning, retail sales numbers came in better than expected.  Investors were seemingly encouraged by the data and proceeded to push the stocks higher.  Gold, once again, made new highs, trading above $1140/ounce.  Oil also went higher.  Commodity sectors bounced today.  Coal stocks were particularly strong:  BTU +5.51%, ACI +2.9%, CNX +4.21%, MEE +6.08%.  In the morning, [...]

By HappyTrading | Also posted in ABX, ACI, BTU, GLD, MEE, NEM, SINA, SLV, ZOOM, gold | Comments (0)

Market Tumbles On Weak Commodities! SPX, Nasdaq, DO, APA, NOV, WLT, CNX, MEE, BTU, AKAM, FSLR

October 28, 2009 – 7:36 pm

When the market falls, it falls fast!  The dollar continued to glide higher, as investors sell off stocks in the commodity sectors.  Oil fell to $77/barrel and gold dropped below $1030/ounce.  Miners were extremely weak, led by coal names.  Yesterday, MEE reported earnings that beat the estimates, but, revenue was on the soft side.  In [...]

By HappyTrading | Also posted in AKAM, APA, BTU, DO, FSLR, MEE, NOV, WLT | Comments (0)

Market Rallies Higher On Commodity Sectors! SPX, Nasdaq, POT, MOS, CF, AGU, FCX, RTP, BTU, ACI, CNX, AAPL, TXN

October 19, 2009 – 8:22 pm

The market was strong today with commodity sectors leading the rally.  Yesterday, in my Sector Watch, we looked at the agriculture sector, as MOO made a solid move higher last week.  Today, POT was rumored to be a buyout target for BHP, and, the sector pushed higher!  POT opened above $100 this morning and never [...]

By HappyTrading | Also posted in AAPL, ACI, AGU, BTU, CF, FCX, MOS, POT, RTP, TXN | Comments (0)

Weekly Wrap 10/16/09: GOOG, BAC

October 18, 2009 – 1:28 pm

When earnings and options expiration collide, things get volatile.  Such was the case for last week.  Nevertheless, the market made new highs, and the Dow went above 10,000, as it fed the media frenzy!  So far, lots of earnings came in better-than-expected, but, there were also some disappointments. We traded lightly this week as things were [...]

By HappyTrading | Also posted in AEM, BAC, GOOG | Comments (0)

Weekly Wrap 10/9/2009 BIDU, GOOG, FSLR, AEM, CNX, ESI

October 11, 2009 – 7:43 pm

The market had a strong week last week.  Most major sectors recorded solid gains, even the lagging agriculture stocks (MOO) made some progress.  Our trading continued to produce winners; 100% GR$$N yet again (trades with +50% gain or more are highlighted): October 09, 2009 12:26 | HappyTrading BIDU ($427.70) Sold to Close BPJJF Oct 430 [...]

By HappyTrading | Also posted in AEM, BIDU, ESI, FSLR, GOOG | Comments (0)

Commodity Sectors Rise As Market Extends Rally! SPX, Nasdaq, RIG, DO, SLB, NOV, CNX, BTU, MEE, CLF, ESI, APOL, LIZ

October 8, 2009 – 7:38 pm

The surprising profit from AA’s earnings report last night certainly gave a boost to the commodity sectors today.  In addition, jobless claims fell to the lowest level since January.  Oil services sector was especially strong today:  RIG +5.04%, DO +2.72%, SLB +2.67%, NOV +4.12%.  Coals stocks also pushed higher:  CNX +4.23%, BTU +2.72%, MEE +2.68%, [...]

By HappyTrading | Also posted in APOL, BTU, CLF, DO, ESI, LIZ, MEE, NOV, RIG, SLB | Comments (0)

Commodity Sectors Lead The Market Bounce: SPX, Nasdaq, BTU, MEE, CNX, ACI, WFC, BAC, COF, GS, NTRI

October 5, 2009 – 7:15 pm

The market opened with strength today, cheering the positive data from the service industry.  The raising in ratings on big banks by Goldman Sachs also gave the market a boost.  Commodity sectors were mostly stronger, with coal stocks leading the way:  BTU +4.09%, ACI +5.42%, CNX +5.76%, ACI +5.42%.  Financial sector also recorded solid gains:  WFC [...]

By HappyTrading | Also posted in ACI, BAC, BTU, COF, GS, MEE, NTRI, WFC | Comments (0)

Monthly Wrap: Another $$Super Month!!

September 25, 2009 – 12:47 pm

We’ve had another $$Super Month!!  Here are the trades closed for the month (you can see more details from our Trade Records Page Updated (CLICK HERE)).  Besides a few trades, our picks were once again mostly GR$$N.  Trades with over +50% gains are highlighted: 10:32 | HappyTrading FSLR ($150.30) Sold to Close QHBJI Oct 145 [...]

By HappyTrading | Also posted in AEM, AIG, FSLR, HIG, LVX | Comments (0)

More Profit-Taking To Let Off Steam! SPX, Nasdaq, AEM, GOLD, BTU, MEE, CNX, RIMM, AAPL

September 24, 2009 – 7:08 pm

Even though the jobs data was favorable this morning, the commodity sectors remained weak.  It was a signal that profit-taking was going to continue.  Crude oil and gold prices fell further.  Miners dropped lower:  AEM -5.22%, GOLD -3.41%, BTU -2.58%, MEE -4.77%, CNX -3.22%. This morning, I commented in our Trading Room: September 24, 2009 7:51 [...]

By HappyTrading | Also posted in AAPL, AEM, BTU, MEE, RIMM, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, UUP, XME, MOO

September 20, 2009 – 9:29 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, Monday may be a bit shaky, as the market needs to let off some more steam.  But, as long as the market does not fall too far below the daily upper BB, it should stay strong.  SPX 1030 and Nasdaq 2050 will be [...]

By HappyTrading | Also posted in ACI, AKS, APA, BAC, BTU, CLF, DVN, GS, JPM, MEE, MOO, MOS, NUE, POT, USO, UUP, WFC, XLF, XME, XTO | Comments (0)