The market traded all over the place today. It opened down; then, went into green; but, ended pretty much where it opened, in the red! The financials bounced a little bit today. Techs were still weak. Energy plays, coals, and metals were mixed; some were stronger intraday, but, most ended on […]
Yesterday, we were talking about $130 oil! Well, it just got higher today. We’ve also been looking at USO for the past couple of weekends in my weekly Sector Watch, and, we saw that it showed room to go higher. USO closed today at a new all-time high of $108.31, as crude […]
By HappyTrading
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Also posted in Nasdaq, SPX, USO, SPWR, FSLR, NOV, TSL, STP, SOLF, CEO, CSIQ
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The market jumped out the gate this morning. SPX topped 1440 and Nasdaq went above 2550. But, soon after lunch, as VIX hit below the $16 support, profit-taking started. On the member site, I said,
HappyTrading
Posted May 19, 2008 at 10:49 am | Permalink (Edit)
VIX
hitting $16; some profits are being locked in.
We also […]
Yesterday in my evening post, I said,
“So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’ve noted the support for the past […]
By HappyTrading
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Also posted in Nasdaq, SPX, HES, CSCO, SPWR, FSLR, JASO, TSL, STP, CSIQ, APA, PBR
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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, SPWR, ICE, X, FSLR, STP, MON, CLF, YGE
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I have been talking about gold A LOT lately. Yesterday, I mentioned that GLD and SLV are rising again and we may see $1000 gold. And, here it is! Gold reached $1001/50/ounce today, but, closed under $1000. It does seem that gold is going higher, though.
The market was weak at the […]
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 15, 2007 – 7:38 pm
Another very volatile day, but, the general direction was “down”. The Dow gave back 120.96 points; SPX was down 19.43 points; Nasdaq lost 25.81 points.
Despite the “choppy waves”, we had a fun day in the “happy” land. I started off watching the solar stocks as AMAT seemed to have added fuel to these […]
What a strange and volatile day!! VIX was over 25 at one point! But, in the last 45 minutes or so, the market charged from the low of the day to close at the high of the day!
As you can see, the Dow closed up more than 150 points, SPX up more than […]
![[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)
