Commodity-related sectors were down big today and kept pressure on the overall market. USO went down 3.48% as the crude traded below $120/barrel intraday. Energy sector took a tumble: HK -14.23%; HES -7.97%; CLR -9.63%; DVN -7.43%. Oil services were hit pretty hard too: NOV -8.05%; DO -6.08%; RIG -4.26%. […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, HES, NOV, CF, DO, RIG, AGU, DVN, CLR, HK
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The market was strong today with commodity-related sectors joining the rally. USO (oil) jumped +4.17%, while UNG (natural gas) went up +2.02% Crude traded up more than $4 as a surprise drop in the U.S. oil supply was reported. XLE (energy) led the rally today, flying up almost +6%! Here are […]
By HappyTrading
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Also posted in POT, Nasdaq, SPX, HES, FSLR, NOV, CF, RIG, V, CLR, CHK
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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, TXN, SLB, AGU, AXP, FLR, CLR, MEE, PCX
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The market continued to rally for the second, straight day. This morning, JPM beat the estimates with its earnings and saw its shares gap-up at the open. JPM shares ended +13.52% higher. GS and MA both kept going higher, adding +4.85% and +5.46%, repectively. The financial sector was strong as a […]
By HappyTrading
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Also posted in GS, POT, GOOG, Nasdaq, JPM, SPX, MA, MSFT, MER, CLF, ANR, PCX, HK
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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 […]
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, BA, CF, SNP, CNX, MEE, PCX, DAL, UAUA, CAL, NWA
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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 […]
The market was mixed today with techs on the weak side. Energy stocks, agriculture, metals, and oil services were strong. AAPL unveiled its new 3G iPhone at $199, $200 cheaper than what’s out there right now:
AAPL shares traded with great volatility and was down more than $10 at one point. Its shares […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, AAPL, RIMM, SPX, X, MON, CLF, BTU, ACI, CNX, STLD, BG, ANR, PCX, SCHN
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The market started out well today and was solidly on the green side. But, rumors about LEH needing to raise capital renewed concerns in the financial sector and took the market on a quick slide. The market later came back up, but, still closed in the red.
Coals went up higher in the morning, […]
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, X, NOV, CF, DO, RIG, MON, MOO, CLF, CNX, ANR, MEE
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![[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)
