The market started off strongly on strong earnings from MS, WFC, and FCX. MS ended the day up +6.26% at $26.8; it traded as high as $27.89. WFC closed only slightly higher, but, did trade up to $27.6. FCX traded above $68 before closing at $66.06, up +2.71%.
However, as Bernanke started to give his testimony […]
By HappyTrading
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Also posted in EBAY, AAPL, FFIV, FCX, BIDU, QCOM, ISRG, NFLX, CMG, SBUX, WFC, MS
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Last Weekend, in my Market Forecast, I wrote:
"For the new week, it certainly looks like the upwards momentum is still with the market. Nevertheless, the market is getting toppier every week. Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday. Most analysts agree that the Fed […]
By HappyTrading
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Also posted in GS, OIH, GLD, XLF, XME, X, DO, RIG, CLF, BTU, ANR, MEE, NE, WLT, BP
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Last Weekend, in my Market Forecast, I wrote:
"For the new week, it certainly looks like the upwards momentum is still with the market. Nevertheless, the market is getting toppier every week. Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday. Most analysts agree that the Fed […]
By HappyTrading
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Also posted in GS, OIH, GLD, XLF, XME, X, DO, RIG, CLF, BTU, ANR, MEE, NE, WLT, BP
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Last Weekend, in my Market Forecast, I wrote:
"For the new week, it certainly looks like the upwards momentum is still with the market. Nevertheless, the market is getting toppier every week. Besides more earnings to come, we also have a FOMC meeting on Wednesday and GDP report on Friday. Most analysts agree that the Fed […]
By HappyTrading
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Also posted in GS, OIH, GLD, XLF, XME, X, DO, RIG, CLF, BTU, ANR, MEE, NE, WLT, BP
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The market spent most of the day in the positive territory. In the last couple of hours, the rally accelerated into the close. Miners have been weak, but, they roared back up today. WLT jumped $5, or +5.79%, to close at $91.3; that’s $9 up from yesterday’s open! CLF added +6.87%. X was up +4.94% while […]
By HappyTrading
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Also posted in AAPL, X, RTP, ADBE, ORCL, JOYG, BUCY, CLF, DE, CAT, WLT
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December 22, 2009 – 5:32 pm
This morning, a +7.4% jump in existing home sales gave investors something to cheer about! All top 10 holdings of XHB (S&P Homebuilders ETF) made gains:
BBBY was especially strong, adding +3.48%. Besides the homebuilders, miners were very strong, especial the coal stocks: CNX +4.05%, BTU +3.7%, ACI +5.03%, MEE +2.38%. Steel stocks also pushed higher […]
By HappyTrading
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Also posted in POT, XOM, MOS, X, BTU, ACI, CNX, MEE, AKS, XTO, WLT, BBBY
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September 20, 2009 – 9:29 pm
Last weekend, in my Market Forecast, I wrote:
"For the new week, Monday may be a bit shaky, as the market needs to let off some more steam. But, as long as the market does not fall too far below the daily upper BB, it should stay strong. SPX 1030 and Nasdaq 2050 will be the […]
By HappyTrading
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Also posted in GS, POT, JPM, XLF, XME, USO, MOS, MOO, CLF, DVN, APA, BTU, ACI, CNX, MEE, WFC, BAC, UUP, AKS, XTO
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September 15, 2009 – 8:43 pm
The market continued with its graduate ascend. Commodity sectors were strong again! Yesterday, I wrote about the coal stocks. Today, they pushed higher: CNX +4.47%; BTU +2.11%; CLF +5.1%. Yesterday, we bought CNX Oct 42 calls:
September 14, 2009
07:46 | HappyTrading CNX ($42.20) Bought to Open SDFJP Oct 42 calls, at $2.69
Today, we cashed them […]
By HappyTrading
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Also posted in POT, MOS, X, FSLR, TSL, STP, CLF, BTU, CNX, SPWRA, AKS
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January 27, 2009 – 5:11 pm
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The market showed modest strength today bouyed up by commoditiy-related sectors as steel companies reported strong earnings. X, NUE, STLD all reported better-than-expected earnings and saw their shares rise +6.89%, +6.25%, and +15.04%, respectively. AXP also jumped, nearly +10%, on its quarterly report from last […]
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 […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
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