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Category Archives: ECA

Energy Stocks Jump On Merger! SPX, Nasdaq, XOM, XTO, APA, DVN, UPL, ECA, CSIQ, TSL, SOLF, LDK, C, WFC, V, MA, COF, BAC, C, WFC

Last night, Dubai received a $10 billion bailout from Abu Dhabi.  This morning, XOM announced a $31 billion deal to buy XTO, sending XTO stock up more than +15%!  Other stocks in the energy sector jumped as well:  APA +4.09%, DVN +4.55%, UPL +3.78%, ECA +4.99%.  Besides natural gas companies, solar stocks were also up:  [...]

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%; [...]

$1000 Gold! SPX, Nasdaq, AEM, LDK, UNG, UPL, APA, ECA, SWN

I have been talking about gold A LOT lately. Yesterday, I mentioned that GLD and SLV are rising again and we may see $1000 gold. And, here it is! Gold reached $1001/50/ounce today, but, closed under $1000. It does seem that gold is going higher, though. The market was weak at the open, testing the [...]

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; SPX lost [...]