It was a very volatile day on the market, almost more volatile than on an options expiration day! There were lots of mid-day big swings. For example, X was strong in the morning, trading above $182; it ended at $172.15, down almost $4 for the day (a $10 swing)! The market did […]
Yesterday, we were talking about $130 oil! Well, it just got higher today. We’ve also been looking at USO for the past couple of weekends in my weekly Sector Watch, and, we saw that it showed room to go higher. USO closed today at a new all-time high of $108.31, as crude […]
By HappyTrading
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Also posted in Nasdaq, SPX, USO, LDK, SPWR, FSLR, NOV, TSL, STP, SOLF, CEO
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Market cheered today as the CPI came in benign with a 0.2% rise. The market rallied up to the daily upper BB (see charts below). But, in the last 2 hours of trading, the market came back down and only ended with some modest gains.
The energy sector was weak, as crude softened. […]
Today was a BIG MONEY $$$$$ DAY for us! Even though the market was just flat, we were in the right places at the right time.
First of all, 2 big earnings plays: FLR and CSIQ
As mentioned last night, FLR reported stellar earnings. This trade was brought to us by one of […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, AAPL, SPX, BIDU, AMAT, FSLR, PBW, APA, BTU, CNX, FLR, OII
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Yesterday in my evening post, I said,
“So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’ve noted the support for the past […]
By HappyTrading
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Also posted in Nasdaq, SPX, HES, LDK, CSCO, SPWR, FSLR, JASO, TSL, STP, APA, PBR
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$100 oil seems to have been accepted by the market. Crude traded to almost $105/barrel today and there were no big headlines about it. Gold was above $993/ounce today, getting close to that 4-digit number, $1000! Silver also made a new multi-year high, nearing $21/ounce. The market was in part supported […]
February 13, 2008 – 5:48 pm
The market rallied today, cheering the good January retail sales numbers. In addition, Paulson, Secretary of Treasury, reiterated positive comments about the economy, as the fiscal stimulus package gets signed into effect. After retesting the bottom and quietly waiting for a few days, the market finally seems to be coming up for some […]
![[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)
