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Category Archives: FMCN

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, XLE, FXI, APA, HES, UPL, CEO, PTR, SNP, LFC, FMCN, BIDU

Last weekend, in my Market Forecast, I wrote: "For the new week, the passage of the historic health bill may inspire more profit-taking, as now, there are more uncertainties.  Besides what affect the new health legislation will have on the health care and insurance industry, some analysts are also paying more attention to the on-going discussions on financial [...]

Market Rallies On Positive Economic Data! SPX, Nasdaq, TSL, YGE, STP, FMCN, CHU, CYD, HMIN, SBUX, NILE

This morning, the jobless claims numbers were much less than expected.  Adding to CSCO’s positive outlook from last night, the market was in a rallying mood from the open.  In our Trading Room, I commented: November 5, 2009 6:58 AM good morning! market nice economic data this morning; market should have a solid day to [...]

Market Volatile And Still Weak Ahead Of FOMC Meeting: SPX, Nasdaq, POT, MON, MOS, CF, LDK, LRCX, FMCN

The market traded all over the place today. It opened down; then, went into green; but, ended pretty much where it opened, in the red! The financials bounced a little bit today. Techs were still weak. Energy plays, coals, and metals were mixed; some were stronger intraday, but, most ended on a weak note. The [...]