October 6, 2008 – 5:49 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The stock market tumbled today in a “freefall” fashion. At one point, the Dow was down 800 points!! VIX almost hit 60 intraday. Then, the market bounced back. Nasdaq still lost more than 80 points though! Oil services were extremely weak: NOV -10.25%; RIG -6.62%; MON […]
August 26, 2008 – 8:50 pm
from MyHappyTrading.com
The market had another “roller-coastering” day! It opened up; then, it went lower; and, finally ended higher. Well, barely! Commodities and related sectors were mostly green. Techs were mixed. The financials eked out some gains in the last hour. The energy sector was among the strongest. DVN added +3.38%; ECA was up +3.13%; UPL […]
Commodity-related sectors were down big today and kept pressure on the overall market. USO went down 3.48% as the crude traded below $120/barrel intraday. Energy sector took a tumble: HK -14.23%; HES -7.97%; CLR -9.63%; DVN -7.43%. Oil services were hit pretty hard too: NOV -8.05%; DO -6.08%; RIG -4.26%. […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, HES, MOS, NOV, CF, RIG, AGU, DVN, CLR, HK
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The overall market was pretty flat all day. While techs and financials were down, commodity sectors were up. The oil services sector (OIH) was very strong and finally broke out! This weekend, in my Market Forecast, I said of OIH,
“…I think sooner or later this sector will break out. RIG, DO, […]
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, CF, RIG, MON, MOO, CLF, CNX, ANR, MEE
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Oil prices jumped again! The broader market was pretty much weak all day. This morning, I said on the member board:
HappyTrading
Posted May 20, 2008 at 6:56 am | Permalink (Edit)
good morning.
Market
still weak; VIX at around $18, which is now a resistance. no hurry to act right now.
Commodities related sectors were strong. Oil, […]
By HappyTrading
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Also posted in Nasdaq, SPX, HES, NOV, RIG, AEM, DVN, UPL, APA, SU, CLR
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The market jumped out the gate this morning. SPX topped 1440 and Nasdaq went above 2550. But, soon after lunch, as VIX hit below the $16 support, profit-taking started. On the member site, I said,
HappyTrading
Posted May 19, 2008 at 10:49 am | Permalink (Edit)
VIX
hitting $16; some profits are being locked in.
We also […]
Yesterday, in my evening post, I said, “The market does still show bullish formations in the major indices. We’ll have to see how VIX deals with the $18 mark (now, a resistance). If VIX gets pushed back down toward $16, we could still see the market forming a new leg up.”
This morning, VIX tried […]
By HappyTrading
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Also posted in ATI, Nasdaq, SPX, FCX, PCU, X, NOV, RTP, RIG, CLF, PKX, ACH
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February 26, 2008 – 4:53 pm
The market started out sluggishly today, as Google Inc. (GOOG) received downgrades on “disappointing” paid clicks data. On the economic front, consumer confidence dropped and the PPI was higher than expected. But, no worries, the market has got “Big Blue” on its side. IBM boosted its 2008 earnings outlook and announced an […]
December 26, 2007 – 6:06 pm
This was a nice way to come back from Christmas! Hope you’ve all had some wonderful time to share with friends and family. Santa definitely delivered some nice gifts! We cashed out some very profittable trades, especially on GOOG and BIDU:
GOOG Jan 720 calls, GOQAD, at $15, +100% (more out)
BIDU Jan 400 […]
![[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)
