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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The market started the day pretty well, seeing some gap-up opens in the energy sector and oil services. We quickly cashed out our gains in DVN and NOV (both mentioned yesterday). The DVN trade was purchased about a week ago and rendered a +43% gain; the NOV trade gave us an overnight profit […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, SPX, X, NOV, RTP, CLF, DVN, ACI, ANR, PCX, CHK
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The market saw buyers coming back in today as oil fell $4.75! China announced that it will raise gasoline and diesel fuel prices by 16% and 18%, respectively. This news prompted PTR and SNP to capture solid gaines. PTR traded as high as $146.25, but, closed at $140.49, up +4.43%; while SNP […]
By HappyTrading
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Also posted in PTR, POT, Nasdaq, SPX, MOS, BA, CF, SNP, CNX, PCX, DAL, UAUA, CAL, NWA
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The market started out weak, with FDX delivering disappointing earnings and forward guidance. After the oil inventories came out, crude oil price started to rise and added more pressure on the market. The financials continued to be weak, although GS was able to add +1.86%.
The metals and mining sector was hot, led by […]
Market was strong out of the gate; and, it got stronger as the day went!! Investors cheered the favorable retailer and jobs data that came out this morning. The rally was broad-based, lead by coals, steels, and agriculture. Solar plays also rebounded nicely.
We’ve been patiently waiting on the sideline with […]
The market opened higher today on favorable durable goods data. But, soon dropped into the red. However, after lunch, the commodities-related sectors seemed to gain more and more momentum. I, then, commented on the member board:
HappyTrading
Posted May 28, 2008 at 9:47 am | Permalink (Edit)
market
commodities are joining in; we might get a […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, MOS, X, NOV, CF, DO, RIG, MON, MOO, CLF, CNX, ANR
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![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
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