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Category Archives: DVN


Another Roller-coastering Day! SPX, Nasdaq, DVN, ECA, UPL, HK, RIG, DO

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 […]

Energy Sectors Bounce! SPX, Nasdaq, DVN, HES, HK, CLR, RIG, SLB, NOV, STP, LDK, FSLR, TSL, CSIQ, ENER

from My Happy Trading.com
The market managed to keep some small gains, closing on a strong note.  Techs were a bit weaker.  Metals and energy groups showed a lot of strength.  XLE (energy) added nearly +2.89%.  The familiar energy names were mostly up: DVN +6.47%; CLR +7.28%; HES +5.64%; HK +8.43%.  Oil services continued where they […]

Commodities Jump As Gasoline Inventory Dropped: SPX, Nasdaq, POT, CF, MON, MOS, X, BTU, MEE, CNX, RIG, DVN, HES, FSLR, ENER

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 […]

Commodities Kept Pressure On The Market: SPX, Nasdaq, HES, DVN, HK, CLR, NOV, DO, RIG, POT, AGU, MOS, CF

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%. […]

Market Dives Again, Led By Coals: SPX, Nasdaq, DVN, NOV, CHK, ANR, PCX, MEE, ACI, X, CLF, RTP

The market started the day pretty well, seeing some gap-up opens in the energy sector and oil services. We quickly cashed out our gains in DVN and NOV (both mentioned yesterday). The DVN trade was purchased about a week ago and rendered a +43% gain; the NOV trade gave us an overnight profit […]

Techs Weak; Energy Sector Leads: SPX, Nasdaq, CLF, RTP, DVN, COP, ATW, NOV, DNA

On the last trading day of 2nd quarter, the market displayed little strength. It attempted to bounce all day, but, ended with sharp drops in the tech stocks. On the other hand, the energy sector (XLE) was strong and led the market. Metals and mining (XME) and oil services (OIH), which we […]

$130 Oil, Hot Energy Plays! SPX, Nasdaq, AEM, DO, RIG, NOV, HES, UPL, APA, DVN, SU, CLR

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, […]

Another Record High Oil! SPX, Nasdaq, UPS, FDX, APA, DVN, CVX, MTL

The market had a tough time getting anything going today in the face of higher oil prices. Crude oil topped $112 per barrel. The energy sector was strong with many stocks making all-time highs. Agriculture shares were still on the positive side. Other commodities such as precious metals rallied.
The […]

Choppy Waves: SPX, Nasdaq, WM, POT, CF, MOS, MON, UPL, APA, DVN, SPWR, STP, ESLR, SOLF, FSLR, MA, V

The market was extremely choppy today, perhaps unnerved with the anticipation of the Fed minutes and then uncomforted after the Fed minutes had come out. But certain sectors still showed lots of strength: metals and miners, agriculture, and energy.
The Dow was down 35.99 points; SPX fell 7 points; and Nasdaq lost 6.07 […]

Metals, Oil, and Natural Gas: SPX, Nasdaq, SWN, DECK, DVN, UPL, ECA, APA, XME, PCU, FCX, BTU, ACI, CNX

Gold (and other precious metals), oil, and natural gas prices spiked up again! Gold is above $970/ounce and crude is above $102/barrel, while the rest of the market staggered. Yesterday, I mentioned that I didn’t like seeing VIX above $22. Sure enough, the broader market faltered today.
The Dow closed down 112.10 points; […]