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Category Archives: FXE


Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, GLD, XME, BTK, FXE

June 8, 2008 – 4:53 pm

The market ended on a down note last week, as oil spiked up above $139/barrel. On Friday, the Dow was down 394.64 points; SPX lost 43.47 points; and Nasdaq tumbled 75.38 points. Just the day before, on Thursday, the Dow was up +213.97 points, with SPX adding +26.85 points and Nasdaq gaining +46.80 […]

By HappyTrading | Also posted in Uncategorized, Nasdaq, SPX, GLD, BTK, XLF, XME, USO | Comments (0)

Market Forecast for Week of 3/17: SPX, Nasdaq, GLD, SLV, GDX, XAU, FXY, FXB, FXE

March 16, 2008 – 7:04 pm

With big news (BSC/JPM and Fed’s discount rate cut) on a Sunday before the options expiration week, the market is bound to be very volatile on Monday. Fed’s immediate discount rate cut is, no doubt, an attempt to buffer the effect of the JPM $2/share bailout of BSC! Nikkei (Japan) is down […]

By HappyTrading | Also posted in Uncategorized, Nasdaq, SPX, GLD, GDX, SLV, XAU, FXY, FXB | Comments (0)

$110 Oil! SPX, Nasdaq, BIDU, GLD, SLV, FXY, FXB, FXE

March 12, 2008 – 4:51 pm

The market opened strong, continuing from yesterday’s rally. But, it started to fade in late morning, as profit-taking started to kick in (other people/articles might give other reasons). Within the last hour of trading, the profit-taking gained momentum and the market closed in the red. Crude spiked up over $110/barrel today. […]

By HappyTrading | Also posted in Nasdaq, SPX, GLD, BIDU, SLV, FXY, FXB | Comments (0)