September 24, 2008 – 4:34 pm
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The market stayed pretty much flat, as the Congress continued to discuss with Secretary Paulson and Chairman Bernanke on the “bailout” plan. It seems many traders/investors are staying on the sideline, watching the Congressional testimony over the plan, anticipating any new developments. GS jumped $10, to $135, yesterday after the […]
August 20, 2008 – 5:29 pm
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 […]
By HappyTrading
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Also posted in HES, LDK, FSLR, NOV, TSL, STP, RIG, SLB, CSIQ, DVN, CLR, HK
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August 13, 2008 – 5:33 pm
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 […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, HES, MOS, X, FSLR, CF, RIG, MON, DVN, BTU, CNX, MEE
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The market was mixed today, with techs rallying higher. LEH reported a quarterly loss of nearly $3 billion, but, the news was already out last week. LEH shares rebounded +5.39% today, as there were no bad suprises. GS traded as high as $184.75 from Friday’s close of $178.29, and finished at $182.09. […]
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