This weekend, in my Market Forecast, I said
“For the new week, the beginning of the week could be very important in shaping how the market moves. VIX came off of the support at $18 last week, but, was not really able to make a move up. If the VIX gets driven below $19, it could […]
Yesterday in my evening post, I said,
“So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’ve noted the support for the past […]
By HappyTrading
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Also posted in Nasdaq, SPX, HES, LDK, CSCO, SPWR, FSLR, JASO, TSL, STP, CSIQ, APA
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It was kind of a sluggish day on the market today, although the commodity related sectors were very strong! This weekend, in my Market Forecast, I said, “I will also be watching how commodities play against the techs. Some commodity related sectors are threatening to make a comeback already, although some money did seem […]
Well, another rate cut, a quarter-point this time, turned out to be pretty much a “non-event”, at least for the market today. The market was up solidly just before the news came out, and, held steadily for about half-an-hour. Then, the market reversed. The market came back some before the close, but, […]