October 2, 2008 – 3:52 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
The market had another big, down day, led by the commodity sectors. The agriculture stocks too a huge tumble after an earnings miss by MOS yesterday. MOS itself lost almost 1/2 of its value, down 41.27%!! POT lost nearly 27%; CF was down 34.57%; MON fell […]
September 25, 2008 – 4:07 pm
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The market kept things in the positive territory all day today, with a small slide in the afternoon. Still, there was no definitive word on the “bailout” plan. Among the modest gains, some sectors stayed weak. Fertilizers were mostly down today: POT -2.86%; CF -4.15%; MON […]
September 23, 2008 – 4:45 pm
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The market was mixed for most of the day. Techs saw some bounces and kept the market indices on the green side. On the other hand, commodity-related sectors were weak. Just yesterday, things were the other way around! The market got weak after lunch, bounced back […]
By HappyTrading
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Also posted in GS, POT, ATI, MOS, X, RTP, CF, MON, CLF, BTU, CNX
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September 10, 2008 – 3:01 pm
from MyHappyTrading.com (FREE Membership) by HappyTrading! ™
So, the market bounced today! Last night, in my evening post, I said,
“Although most sectors still look weak, we should see some bounces tomorrow. Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.”
Metals, coals, energy stocks, fertilizers were all up today. Yesterday’s big […]
By HappyTrading
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Also posted in GENZ, IMCL, HES, CELG, AMGN, DNA, DVN, UPL, BTU, ACI, CNX, HK
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September 9, 2008 – 4:12 pm
Commodities and related sectors just cannot seem to find a bottom. The market experienced another broad-based selloff! Metals, coals, fertilizers, and energy stocks all recorded huge losses. Metals: X -12.94%; CLF -11.59%; RTP -8.09%. Coals: MEE -19.38%; BTU -8.81%; ACI -7.6%; CNX -9.4%. Fertilizers: MOS -11.88%; POT -8.52%; CF -12.05%. Energy: UPL -9.31%; DVN -8.11%; […]
By HappyTrading
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Also posted in POT, HES, MOS, X, RTP, CF, CLF, DVN, UPL, BTU, ACI, CNX, LEH, CLR, HK, AIG
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September 2, 2008 – 6:06 pm
The market had a “gap-up” open today as oil took a huge dive on the news that damages from Hurricane Gustav seemed to be limited. But, when SPX went above 1300, the market started to turn lower again! This weekend, in my Market Forecast, I said,
“Both indices are still within their recent ranges: SPX 1260-1300; Nasdaq 2350-2450. […]
August 21, 2008 – 5:52 pm
from My Happy Trading.com
Commodities and related sectors continued to bounce higher today. Crude closed above $120/barrel and gold traded nearly $840/ounce! Energy stocks added to their gains: HES +4.89%; CLR +5.4%; HK +5.94%. Gold and silver miners jumped: AEM +6.93%; ABX +6.76%; PAAS +6.26%. Coal stocks bounced for the 3rd-straight day: CNX +4.14%; ACI +8.06%; MEE […]
August 19, 2008 – 5:59 pm
from My Happy Trading.com
Financials and techs were weak for the 2nd straight day. On the other hand, commodity-related sectors bounced. Metals and mining groups were strong. Coals showed a lot of strength: MEE +7.58%; CNX +6.53%; BTU +7.64%. Oil services also recorded solid gains: RIG +2.46%; SLB +3.93%; NOV +4.37%. Crude oil closed above $115/barrel. […]
August 13, 2008 – 5:33 pm
Oil prices rebounded today as US gasoline inventory dropped. This also led to an sharp bounce in most of the commodity-related sectors. Agriculture stocks were especially strong: POT +6.59%; CF +9.82%; MOS +10.35%; MON +5.2%. Metals and mining stocks also jumped: X +6.21%; BTU +8.32%; MEE +7.75%; CNX +7.73%. Energy-related plays drew buyers as well: RIG […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, HES, MOS, X, FSLR, CF, RIG, MON, DVN, BTU, CNX, ENER
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The market was pretty flat all day. Financials and techs took a breather, while commodity-related sectors bounced. Metals, energy, oil, and agriculture were all strong today. MOS led the fertilizer group, rising almost $12, or +9.38%; POT added +6.52%, and AGU gained +6.56%. In the energy sectors: HES went up +6.26; […]
By HappyTrading
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Also posted in POT, Nasdaq, AAPL, SPX, HES, MOS, TXN, SLB, AGU, AXP, FLR, CLR, PCX
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