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Category Archives: OIH

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, OIH, XLE, XLF, BTK, GOLD, ABX, NEM, APA, OXY, HES, MA, V, AXP

May 16, 2010 – 8:06 pm

Last weekend, in my Market Forecast, I said: "For the new week, the momentum has completely shifted to the downside.  We can see that the daily MAs in both SPX and Nasdaq are curving down.  On Monday, we may see an attempt to bounce; others may call it a relief rally.  First resistances will be SPX 1130 [...]

By HappyTrading | Also posted in ABX, APA, AXP, BTK, GLD, HES, MA, NEM, OXY, V, XLE, XLF, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, OIH, XLF, INX2, GS, AIG, RIG, BP, GOOG, AMZN, PCLN, NFLX, CME, ICE

May 9, 2010 – 8:10 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, how the market does on Monday will be very important.  On Sunday, Euro partners agreed to a $145 billion bailout plan for Greece.  We’ll have to see how the market reacts to that piece of news.  But, there are potentially more negative news [...]

By HappyTrading | Also posted in AIG, AMZN, BP, CME, GLD, GOOG, GS, ICE, INX2, NFLX, PCLN, RIG, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

May 2, 2010 – 7:57 pm

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 [...]

By HappyTrading | Also posted in ANR, BP, BTU, CLF, DO, GLD, GS, MEE, NE, NUE, RIG, WLT, X, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

May 2, 2010 – 7:57 pm

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 [...]

By HappyTrading | Also posted in ANR, BP, BTU, CLF, DO, GLD, GS, MEE, NE, NUE, RIG, WLT, X, XLF, XME | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, OIH, XME, GS, WLT, CLF, BTU, ANR, MEE, X, NUE, BP, NE, RIG, DO

May 2, 2010 – 7:54 pm

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 [...]

By HappyTrading | Also posted in ANR, BP, BTU, CLF, DO, GLD, GS, MEE, NE, NUE, RIG, WLT, X, XLF, XME | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, PBW, OIH, XLE, STP, FSLR, YGE, TSL, SPWRA

March 21, 2010 – 7:55 pm

Last weekend, in my Market Forecast, I said: "For the new week, although market indices still look strong, this rally is extended.  Many tech and financial leaders could use a breather.  On Tuesday, we have the FOMC meeting.  The market may act undecidedly ahead of the meeting.  If the market slips ahead of Fed’s rate decisions but [...]

By HappyTrading | Also posted in FSLR, GLD, PBW, SPWRA, STP, TSL, USO, UUP, XLE, YGE | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, GLD, XLF

January 3, 2010 – 11:34 pm

Last weekend, in my Market Forecast, I said, "For the new week, the market still looks strong, but, may need a quick breather early in the week.  If the market can keep its altitude while taking a breather, it could easily end higher by the end of the week.  On the other hand, if the [...]

By HappyTrading | Also posted in BAC, CME, DO, GLD, GS, ICE, JPM, MA, NOV, RIG, SLB, USO, V, WFC, XLF | Comments (0)

Energy Stocks Continue To Soar! SPX, Nasdaq, UPL, APA, WLT, TSL, STP, FSLR, SPWRA, OIH, RIG

December 15, 2009 – 7:53 pm

The market was jittery ahead of the FOMC meeting tomorrow.  However, energy stocks still attracted buyers.  Last night, we visited many of these gainers.  Today, most of them continued to rise higher:  UPL +3.51%, APA +0.61%, WLT +1.77%.  Solar stocks were especially strong: TSL +4.29%, SPWRA +4.01%, STP +2.46%, FSLR +0.25%. FSLR barely ended in the [...]

By HappyTrading | Also posted in APA, FSLR, RIG, SPWRA, STP, TSL, UPL, WLT | Comments (0)

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

November 29, 2009 – 9:10 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, we have to be very careful.  With gold trading higher again this evening, we could get another so-called "mutual fund Monday" buying to start the week.  But, unless the market can jump back to close above the recent resistance levels, it may be stuck [...]

By HappyTrading | Also posted in CLF, FCX, GLD, GS, MA, MEE, XLF, XME | Comments (0)

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

November 22, 2009 – 7:42 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, a strong move to open the week should push the market above SPX 1100.  If the market does close above SPX 1100, we should see a new bullish formation on SPX’s daily chart.  We should see new buyers rush into the market, if [...]

By HappyTrading | Also posted in AKS, BAC, CLF, FCX, GLD, GS, MEE, PNC, X, XLF, XME | Comments (0)