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Category Archives: MOO

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, XME, MOO

Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll continue to watch the delicate balance between the dollar and the commodity sectors.  Technically speaking, the market can now break higher on a new leg up.  This could draw in another chunk of the money sitting on the sideline.  We could see the market [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLF, MOO

Last weekend, in my Market Forecast, I wrote: "For the new week, a new leg up may finally start as the market indices penetrate above the recent trading ranges.  SPX 950 is still the key level to break.  The market is toppy and may need to trade sideways to slightly slower on Monday.  After the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, GDX, MOO

In last week’s Market Forecast, I said, "For this week, with SPX and Nasdaq back above their key levels (SPX 900 and Nasdaq 1700), things are looking bullish again!  Most sectors participated in today’s rally, which is a good sign.  With VIX heading back into the 20s, this rally looks to have more legs to [...]

Financials And Techs Lead The Market In Bounce: SPX, Nasdaq, POT, MOO, HBAN, STT, FITB

After 3 days of profit-taking, the market was strong right from the open today.  Financials and techs led the rebound.  Regional banks were especially jumpy:  HBAN +7.03%, STT +6.52%, FITB +7.12%.  Agriculture stocks continued to push higher.  We got back into both POT and MOO and again scored some nice trades: May 14, 2009 12:50 [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XLE, MOO

Last weekend, in my Market Forecast, I wrote, "For the new week, the "stress test" results on banks will likely be a mover for the market.  Meanwhile, much attention seems to be shifting towards energy sectors.  Techs are still healthy and Nasdaq should push to perhaps test 1800.  For SPX, 900 is the next resistance." Indeed, the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XLE, GLD, XME, MOO

Last week, the market was able to rally above the daily MAs before seeing a sharp, profit-taking session on Thursday. On Friday, the market was able to poise itself with minor gains and the techs leading. SPX SPX added +5.22 points to close at 1257.76. It closed pretty much right at the 20-day MA. The [...]

Weak Financials Drag On The Market: SPX, Nasdaq, GS, XLF, MOO, POT, MON, CF, MOS, AGU

The market had a good start, but, contiued to drift lower until the close. GS reported its earnings this morning, and, again it beat the estimates! GS had an early jump, opening $3 higher than yesterday’s close. But, since it has gone up so much in the past couple of trading sessions (up $20 from [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XME, DBA, MOO

The market went through another volatile week last week, ending with a bounce on Friday that allowed the Dow to record a win for the week. Oil actually went lower for the week (although we might not have felt the easing at the gas pump yet), and, news came out this weekend that Saudi Arabia [...]

Swing Market Ends Higher! SPX, Nasdaq, MOO, CF, MOS, POT, MON, RIG, DO, NOV, CLF, X, ANR, CNX, MEE

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 [...]

Market Forcast + Sector Watch: SPX, Nasdaq, OIH, USO, XME, GLD, MOO, INX2, SOX, PBW

So, the market broke higher last week and caught the daily upper BB (see charts). Nasdaq closed above 2500 and SPX closed just above 1425. VIX kept on sliding and has been riding its daily lower BB lower. SPX SPX added +1.78 points to close at 1425.35. It has started to ride its daily upper [...]