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 […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, MOS, SPWR, MA, ESLR, CF, STP, SOLF, MON, DVN, UPL, APA, WM, V
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The market held its ground today, even though Bernanke was talking about the “R”-word. Solar stocks picked up the pace today as did metals. BIDU continued with its run and traded as high as $292 today! Oil jumped and oil services had another good day.
The Dow was down 48.53 points; SPX slid […]
By HappyTrading
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Also posted in Nasdaq, RIMM, SPX, LDK, SPWR, ICE, X, STP, MON, CLF, YGE
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The GDP came in at 0.6, which matched the estimates. The market futures initially jumped when the GDP report came out, but, MER and UBS received lowered earnings outlook and soon started to put pressure on the financial sector. This weekend, in my Market Forecast, I said,
“The market has been under pressure for […]
The market was basically flat today as some profit-taking gave things a chance to let off some steam. But, certain sectors were showing very strong performances. Metals, energy, and agricultures all showed a lot of strength. MON boosted its 2008 guidance and saw its shares jump nearly +10%. Other stocks in […]
The market was in a jolly mood today! JPM announced that it would raised the buyout offer for BSC to $10/share. BSC shares doubled at one point, trading above $13. BSC closed at $11.25, up +88.76%. JPM also closed on the up side. Market seemed to like the […]
By HappyTrading
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Also posted in GOOG, Nasdaq, AAPL, RIMM, JPM, WFR, SPX, BIDU, SPWR, BSC, XMSR, SIRI
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$100 oil seems to have been accepted by the market. Crude traded to almost $105/barrel today and there were no big headlines about it. Gold was above $993/ounce today, getting close to that 4-digit number, $1000! Silver also made a new multi-year high, nearing $21/ounce. The market was in part supported […]
February 13, 2008 – 5:48 pm
The market rallied today, cheering the good January retail sales numbers. In addition, Paulson, Secretary of Treasury, reiterated positive comments about the economy, as the fiscal stimulus package gets signed into effect. After retesting the bottom and quietly waiting for a few days, the market finally seems to be coming up for some […]
February 11, 2008 – 6:32 pm
After a slow start, the market finally showed signs of life after lunch. The market re-tested the recent lows last week, but, hasn’t really made a convincing move up to confirm the double-bottom yet. Today, it made a good effort to stay alive.
The Dow closed up +57.88 points; SPX added +7.84 points; and […]
December 4, 2007 – 6:23 pm
Surprise, surprise! Another volatile day. But, the market stayed in the red all day, starting the day with weakness in the financial sector, as analysts downgraded the investment banks. The Dow slid 65.84 points; SPX gave up 9.63 points; Nasdaq went down 17.3 points.
Here’s how the market closed:
INX2 (Internet), BTK (biotechs), and […]
November 8, 2007 – 6:59 pm
This market is acting like its on some kind of psychedelic drug - it is “seeing” all sorts of colors!! LOL!! The market opened slightly green, but, quickly faded into the red. Then, it got a little more red. Then, it got a LOT more red! Meanwhile, we’re cashing in […]
![[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)
