Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll pay attention to the GDP and retail reports on Tuesday. Nasdaq looks really strong. Its daily upper BB has opened up. Normally, I’d say that Nasdaq is setting up for a breakout. But, with this "undecided" market environment, we’ll have to wait [...]
Category Archives: HES
Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, XLE, MA, V, ICE, CME, STT, PNC, BLK
December 27, 2009 – 9:27 pm
Market Dives To Open The Week! SPX, Nasdaq, APA, DVN, HES, RTP, X, FCX, ATI, BIDU, GOOG, RIMM
June 22, 2009 – 4:32 pm
Right at the open, the market was hit with disappointing news from the World Bank that the global economy may be weaker than it had previously predicted. Within the first 1/2 hour, the Dow stumbled more than 100 points! Commodity sectors continued to slump. Energy and miner stocks were very weak: APA -5.76%, DVN -5.58%, HES [...]
Financials And Energy Sectors Push The Market Higher! SPX, Nasdaq, WFC, STI, PNC, BAC, DVN, APA, HES, CSCO
May 6, 2009 – 7:22 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The first thing I said in the Trading Room this morning was: HappyTrading May 6, 2009 6:47 AM good morning! energy stocks and financials are strong! The energy and financial stocks just kept on going higher today. WFC +15.59%, STI +14.99%, PNC +11.93%, and BAC +17.07% [...]
Time To Rally Or Bust!! SPX, Nasdaq, OXY, HES, APA, FCX, CNX, CLF
March 4, 2009 – 5:21 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Stocks jumped out of the gate this morning, as speculation on further Chinese government spending this week on major construction projects fueled new optimism into commodity sectors. Crude bounced up to closed above $45/barrel. Gold, however, traded lower again and tested $900/ounce before closing higher. Energy and mining [...]
Biotechs Lead The Market Higher! SPX, Nasdaq, MYGN, OSIP, BIIB, LLY, ISRG, HES, APA, XOM, ESI, APOL, GLD, AEM
February 3, 2009 – 4:52 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market rallied higher today, led by the biotechs. MYGN reported better-than-expected earnings and propelled its shares to an 8-year high, up +17%!! OSIP shares jumped more than +16% on positive results on its cancer drug, Tarceva. BIIB was also among the solid gainers, adding [...]
Energy And Biotech Stocks Advance! SPX, Nasdaq, AMAG, BIIB, GENZ, OXY, HES, RIG
January 13, 2009 – 9:38 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market overcame afternoon weakness to close slightly higher. Energy and biotech stocks were strong: AMAG +3.21%; BIIB +2.44%; GENZ +2.23%; OXY +3.57%; HES +3.39%; RIG +2.93%. Financial stocks also bounced. This morning, I said in the Trading Room: HappyTrading January 13, 2009 7:18 AMmarket things [...]
Energy Sectors Pulls The Market Lower! SPX, Nasdaq, RIG, DO, SLB, NOV, HES, APA, OXY
December 4, 2008 – 4:50 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded slightly higher in the morning, but, faded into an accelerated drop to the close. The energy sectors were especially weak. Oil prices continued to fall. Crude went below $44/barrel! Oil services tumbled to new 52-week lows: RIG -11.18%; DO -7.09%; SLB -5.95%; NOV [...]
Market Finishes Up, Commodities Weak: SPX, Nasdaq, CNX, CLF, MEE, RTP, FCX, RIG, SLB, HES
December 3, 2008 – 4:19 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Market shrugged off a string of bad economic news this morning and traded higher in the afternoon. There were also talks about Treasury considering plans to lower mortgage rates to help the housing market. The market was still very volatile, changing directions twice before deciding [...]
Market Stalls As Auto Industry Pleads For Bailout: SPX, Nasdaq, XOM, APA, HES, OXY, HPQ, IBM, RIMM
November 18, 2008 – 3:45 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded all over the place today. It was slightly up in the morning, then, sank into the red. In the last hour of trading, the market was able to come up to close in the green. Much of the attention was on the [...]
Trading The Bounce: SPX, Nasdaq, CHK, OXY, HES, XOM, APA, FSLR, ICE
November 13, 2008 – 7:23 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last night, I wrote, “And, here we are: SPX 850 and Nasdaq 1500 being tested. After the market, INTC slashed its 4Q outlook. INTC shares fell more than 7% in AH trading. Techs were all hit too. Looks like we’ll see a gap down tomorrow. [...]
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