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, MOS, TXN, SLB, AGU, AXP, FLR, CLR, MEE
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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, MOS, MA, MSFT, MER, CLF, ANR, HK
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The market started the day pretty well, seeing some gap-up opens in the energy sector and oil services. We quickly cashed out our gains in DVN and NOV (both mentioned yesterday). The DVN trade was purchased about a week ago and rendered a +43% gain; the NOV trade gave us an overnight profit […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, SPX, X, NOV, RTP, CLF, DVN, ACI, ANR, MEE, CHK
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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, MOS, BA, CF, SNP, CNX, MEE, DAL, UAUA, CAL, NWA
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The market started out weak, with FDX delivering disappointing earnings and forward guidance. After the oil inventories came out, crude oil price started to rise and added more pressure on the market. The financials continued to be weak, although GS was able to add +1.86%.
The metals and mining sector was hot, led by […]
The market opened down and closed lower! Oil rebounded from the recent drop and traded above $138/barrel intraday. Agriculture stocks were strong. Coals also bounced. Solar plays found some buyers coming back. But, most of the market of pretty dismal.
On the member site today, I commented:
HappyTrading
Posted June 11, 2008 at […]
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, MOS, X, MON, CLF, BTU, ACI, CNX, STLD, BG, ANR, SCHN
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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 […]
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 overall tone on the market today was weak. But, there were pockets of strong performers with lots of volatility! Early in the morning, I pointed out on the member board:
HappyTrading
Posted June 2, 2008 at 6:35 am | Permalink (Edit)
coals + AGs
“AGs” here means the “agriculture sector”, ie. POT, CF, MOS, MON…etc. […]