During the short week before the 4th of July, the market took a big loss on Wednesday, and that was enough to keep the market in the red, although the market tried to gain some grounds on Thursday. The Dow finished the week down 57.97 points; SPX lost 15.48 points; Nasdaq tumbled 70.25 points. Let’s [...]
Category Archives: DBA
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XME, DBA, MOO
June 15, 2008 – 5:33 pm
The market went through another volatile week last week, ending with a bounce on Friday that allowed the Dow to record a win for the week. Oil actually went lower for the week (although we might not have felt the easing at the gas pump yet), and, news came out this weekend that Saudi Arabia [...]
Market Forecast for Week of 2/11: SPX, Nasdaq, DBA, OIH, GLD, XME
February 10, 2008 – 3:58 pm
The market was down last week, finishing mixed on Friday with the Dow down 64.87 points, SPX slideing 5.62 points, and Nasdaq adding +11.82 points. SPX SPX slid 5.62 points to close at 1331.29. It closed above the 1325 support level. The 10-day and 20-day MAs are touching, and the MACD is flattening out. Nasdaq [...]
![[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)
