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Category Archives: INX2

Market Forecast + Sector Watch: SPX, Nasdaq, XLE, XME, OIH, INX2, RIG, DO, NOV, APC, BP, AMZN, PCLN, AAPL, GOOG, HPQ, MFE, ARST, FCX, APA, OXY, HES

September 12, 2010 – 7:00 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, the market may need a bit of consolidation.  Both SPX and Nasdaq are showing bullish crossovers in their respective MACDs.  VIX closed below 22, a level which had been a solid support since May.  Wednesday has some economic data that may help to [...]

By HappyTrading | Also posted in AAPL, AMZN, APA, APC, ARST, BP, DO, FCX, GOOG, HES, HPQ, MFE, NOV, OIH, OXY, PCLN, RIG, XLE, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, INX2, MOO, GS, AMZN, PCLN, GOOG, CLF, WLT, FCX, ANR, MEE, POT, MOS, AGU, CF

September 6, 2010 – 8:56 pm

Last weekend, in my Market Forecast, I forecasted, "For the new week, we’ll look to see if we can continue to get improved economic data, especially the consumer confidence and Chicago PMI on Tuesday to perhaps set the tone.  On Friday, we’ll get the latest payroll numbers and unemployment rate.  VIX actually closed lower last [...]

By HappyTrading | Also posted in AGU, AMZN, ANR, CF, CLF, FCX, GOOG, GS, MEE, MOO, MOS, PCLN, POT, WLT, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, MOO, INX2, XME, POT, MOS, AGU, CF, PCLN, MFE, GOOG, NEM, ABX, GOLD

August 22, 2010 – 7:43 pm

Last weekend, in my Market Forecast, I forecasted, "For the new week, the latest development in the charts are certainly not bullish.  However, it may not necessarily dictate a breakdown.  If SPX 1080 does not hold, the next support is 1060, set back in mid-July.  The market could still be range-bound, and, is very mixed." As [...]

By HappyTrading | Also posted in ABX, AGU, CF, GLD, GOOG, MFE, MOO, MOS, NEM, PCLN, POT, XME, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, XME, INX2, MOO, POT, CF, AGU, MOS, MELI, AOL, CLF, WLT, BHP, FCX

August 1, 2010 – 7:40 pm

Last weekend, in my Market Forecast, I said, "VIX has sank back below 24, which could signal the intention to rally.  We’ll have to see if the market can continue to push higher and stay above SPX 1100.  If SPX 1100 is cleared, SPX should retest the 1120 level.  Miners went up quite a bit [...]

By HappyTrading | Also posted in AGU, AOL, BHP, CF, CLF, FCX, MELI, MOO, MOS, POT, USO, WLT, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, INX2, OIH, XLF, XME, INX2, OIH, IBM, TXN, GS, YHOO, SNDK, AAPL, QCOM, SBUX, WFC, FCX, AMZN, NFLX

July 18, 2010 – 6:07 pm

Last weekend, I forecasted: "For the new week, it will be about the earnings.  If the earnings are strong and confirm the strength in the economic recovery, the market can continue to rally.  Otherwise, the market could turn down to test the recent lows again.  On Monday, we’ll hear from AA and CSX after the [...]

By HappyTrading | Also posted in AAPL, AMZN, FCX, GS, IBM, NFLX, OIH, QCOM, SBUX, SNDK, TXN, WFC, XLF, XME, YHOO | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, OIH, GLD, XME, INX2, RIG, BP, SLB, HAL, DO, NOV, X, JOYG, BUCY, AMZN, GOOG, PCLN

June 6, 2010 – 8:13 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market is definitely struggling to bounce from May’s slump.  However, Europe’s financial problems may be worse than that of the US, as China’s Premier warned of a possible double-dip in the global economy’s attempt to recover.  Charts are certainly showing the same [...]

By HappyTrading | Also posted in AMZN, BP, BUCY, DO, GLD, GOOG, HAL, JOYG, NOV, OIH, PCLN, RIG, SLB, X, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, OIH, XLF, INX2, GS, AIG, RIG, BP, GOOG, AMZN, PCLN, NFLX, CME, ICE

May 9, 2010 – 8:10 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, how the market does on Monday will be very important.  On Sunday, Euro partners agreed to a $145 billion bailout plan for Greece.  We’ll have to see how the market reacts to that piece of news.  But, there are potentially more negative news [...]

By HappyTrading | Also posted in AIG, AMZN, BP, CME, GLD, GOOG, GS, ICE, NFLX, OIH, PCLN, RIG, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLF, INX2, QCOM, AMGN, EBAY, FFIV, SNDK, MEE, EMC, FCX, BA, MCD, AAPL, IBM, BTU, AMZN, MSFT, MDC, PCX

April 18, 2010 – 8:04 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the help that eurozone governments have committed to Greece should inspire the market to a strong start.  We could easily see SPX 1200 tested.  Nasdaq can rise to test 2480.  We’ll also see the beginning of the earnings season, with AA reporting after [...]

By HappyTrading | Also posted in AAPL, AMGN, AMZN, BA, BTU, EBAY, EMC, FCX, FFIV, GLD, IBM, MCD, MDC, MEE, MSFT, PCX, QCOM, SNDK, XLF, XME | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, INX2

December 13, 2009 – 9:40 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will start with a more bullish stance.  The daily MAs on both SPX and Nasdaq have turned higher.  Nasdaq is already seeing the hint of a new bullish crossover in the MACD.  VIX managed to close just above 21; but, breaking [...]

By HappyTrading | Also posted in AMZN, AXP, COF, GLD, GOOG, MA, PCLN, USO, V, XLF | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, UUP, GLD, XLF, INX2

October 11, 2009 – 9:32 pm

Last weekend, in my Market Forecast, I said, "For the new week, the market will start out with a slightly weaker stance.  However, if the market can hold its support levels (SPX 1025; Nasdaq 2050), the market can bounce right back up.  The market will need to stay strong right from the beginning.  Earnings season [...]

By HappyTrading | Also posted in AMZN, BAC, GLD, GOOG, GS, JPM, PCLN, USO, UUP, XLF | Comments (0)