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Category Archives: FXY

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, USO, FXY

September 27, 2009 – 8:41 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, we might see some sideways trading to start the week.  Miners may need to let off some more steam, although some other sectors are just starting to show breakout signs.  SPX has support at 1060 and Nasdaq needs to stay above 2120.  Again, [...]

By HappyTrading | Also posted in GLD, USO, XME | 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 more than 400 [...]

By HappyTrading | Also posted in FXB, FXE, GDX, GLD, Nasdaq, SLV, SPX, Uncategorized, XAU | 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. The Dollar fell further. [...]

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