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Category Archives: PBW


Market Forecast + Sector Watch 8/18/2008: SPX, Nasdaq, USO, UUP, GLD, XME, HGX, PBW, XLE

from My Happy Trading.com
The market eked out a small gain with SPX adding only +1.88 points for the week.  However, the techs were stronger.  Nasdaq gained +38.42 points.  The general sentiment on the market was better as the dollar bounced strongly and oil prices fell lower.  Commodities continued to be on the weak side.  Gold […]

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

Last week, the market could not continue with its new leg up and had a reversal. For the week, the Dow was down 507.17 points; SPX lost 49.42 points; Nasdaq slid 84.18 points. VIX closed above 19, at 19.55; but, its intraday charts are showing “toppiness”.
SPX

On Friday, SPX lost 1375.93 points to close […]

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 […]

Solars Are Hot And So Are We! SPX, Nasdaq, FLR, CSIQ, FSLR, BIDU, AAPL, APA, BTU, CNX, OII, PBW, AMAT

Today was a BIG MONEY $$$$$ DAY for us! Even though the market was just flat, we were in the right places at the right time.
First of all, 2 big earnings plays: FLR and CSIQ
As mentioned last night, FLR reported stellar earnings. This trade was brought to us by one of […]

Market Forecast for Week of 4/7: SPX, Nasdaq, XLF, MOO, PBW, XME, FXI

The market had a great week last week, with the Dow gaining +393.02 points. Metals, agriculture, and solar stocks were particularly strong. Let’s take a look to see where the market stands.
SPX

On Friday, SPX added +1.09 points to close at 1370.4. Its daily MAs and MACD continued to rise. […]

Market Forecast for Week of 3/31: SPX, Nasdaq, UNG, PBW, XME, FXI

The market tried to rally early last week, but, was again held back by the financials. The 3 days of continuous slide in the financials sector brought the market’s rally to a halt, although we did see strength in pockets of different areas.
SPX

SPX fell 10.54 points to close at 1315.22. It closed at […]

Market Forecast for Week of 1/21 (Part II): Sector Watch

The global financial markets have been selling off while the US takes a holiday. In an environment such as this, it is perhaps difficult to single out individual sectors. Again, unless there are external forces to change the market sentiment, buyers are unlikely to commit. On the other hand, when the bottom […]