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Category Archives: SLB

Some Profit-Taking? SPX, Nasdaq, DO, RIG, SLB, SOLF, LDK, TSL, NCTY

May 19, 2008 – 4:13 pm

The market jumped out the gate this morning. SPX topped 1440 and Nasdaq went above 2550. But, soon after lunch, as VIX hit below the $16 support, profit-taking started. On the member site, I said, HappyTrading Posted May 19, 2008 at 10:49 am | Permalink (Edit) VIX hitting $16; some profits are being locked in. [...]

By HappyTrading | Also posted in DO, LDK, NCTY, Nasdaq, RIG, SOLF, SPX, TSL | Comments (0)

Review 1/2/2008: SPX, Nasdaq, AMZN, OIH, SLB, HAL, RIG, GLD, ABX

January 2, 2008 – 6:53 pm

The market opened higher, but, quickly faded into the red. The market tried to bounce in the early afternoon, but, slid back some to the close. The Dow lost 220.86 points; SPX gave up 21.20 points; Nasdaq stumbled 42.65 points. The big news today were, of course, record-high oil and gold! Oil prices topped $100 [...]

By HappyTrading | Also posted in ABX, AMZN, GLD, HAL, OIH, RIG | Comments (0)

Review 12/12/07: SPX, Nasdaq, BIIB, DO, RIG, SLB

December 12, 2007 – 7:07 pm

This morning, the market opened up sharply, almost completely erasing yesterday’s loss, as the Fed announced further plans to deal with credit problems. But, the big gains quickly faded. Yesterday, I said, “The market now could slide further to test the 20-day MA (the cyan line). On the other hand, this quick drop might give [...]

By HappyTrading | Also posted in BIIB, DO, RIG | Comments (1)