This morning, after more lousy housing and durable goods data, the market sank lower. We took the opportunity to lock in our profits on the downside plays: August 25, 2010 10:56 | HappyTrading MLM ($72.30) Sold to Close 09P75 Sep 75 puts, at $4.30 +62% 07:34 | HappyTrading PCP ($111.70) Sold to Close 09P115 Sep [...]
Category Archives: SLV
Market Bounces After 4 Days of Selling: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, AKAM, PCP, MLM, GLD, SLV, PAAS, GOLD, ABX, NEM, TLT
August 25, 2010 – 3:58 pm
Market Rises To New Heights! SPX, Nasdaq, GLD, SLV, GOLD, ABX, NEM, CNX, BTU, ACI, MEE, ZOOM, SINA
November 16, 2009 – 6:11 pm
This morning, retail sales numbers came in better than expected. Investors were seemingly encouraged by the data and proceeded to push the stocks higher. Gold, once again, made new highs, trading above $1140/ounce. Oil also went higher. Commodity sectors bounced today. Coal stocks were particularly strong: BTU +5.51%, ACI +2.9%, CNX +4.21%, MEE +6.08%. In the morning, [...]
Gold At New Record High! SPX, Nasdaq, GLD, SLV, GOLD, ABX, AEM, PAAS, TSL, STP, YGE, BNI, UNP, CSX
November 3, 2009 – 8:38 pm
It was a volatile morning while stocks bounced around and experienced fast swings in a tight range. We got shaken out of a couple of trades in the morning. But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084/ounce! Gold surged on news that the Reserve Bank [...]
5-Figure Gain ($$,$$$) On Record Gold!! SPX, Nasdaq, GLD, SLV, AEM, GOLD, ABX, PAAS, BVN
October 6, 2009 – 5:38 pm
Today, the market was very strong, as the dollar dropped further and the commodity sectors countinued to bounce. Gold and silver plays broke out higher, as I commented in our Trading Room this morning: October 6, 2009 7:28 AM I slept in today and woke up to a multi-5-figure day!! ($$,$$$) Thanks AEM!!! Gold jumped [...]
Gold And Silver Plays Jump! GLD, SLV, AEM, ABX, GOLD, PAAS, SSRI, AIG, AAPL, IBM, GOOG, GS, WFC, JPM
September 2, 2009 – 3:52 pm
Last night, in my article, I said, "We should see some bounces tomorrow. But, with this sharp downward momentum, we should see a bit more selling before Friday." Indeed, the market was slightly up for most of the day, but, sank to close in the red just before the close. But, instead of chasing puts, [...]
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, SLV, USO, BTK, PBW, SKF, SRS
January 11, 2009 – 1:31 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We had another great week last week, including a nearly +200% trade on FSLR and catching the overnight bagger on APOL: 10:55 | FSLR ($161.50) Sold to Close HJQAL Jan 160 calls, at $8.00 +11% 07:58 | AEM ($49.53) Sold to Close AEMAJ Jan 50 [...]
Market Forecast + Sector Watch: GLD, SLV, USO, XLF
December 28, 2008 – 5:28 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Hope you are all having a very restful holiday season! The markets went through Christmas with very light trading and not much changes. Last weekend, I wrote: “For the new week, I think techs can start leading the market. We’ll be looking for the semiconductors and [...]
Gold And Silver Plays Jump! SPX, Nasdaq, RIG, NOV, SLB, GLD, SLV, GDX, AEM, GOOG, DNA
July 14, 2008 – 6:28 pm
The market gapped up today, but, quickly dove into the red. Bush, in a “symbolic move”, lifted the ban on offshore drilling. This prompted the oil services sector to jump. OIH added +2.28% today, while, among its top holdings, RIG, NOV, and SLB recorded solid gains, +1.75%, +5.38%, and +2.65%, respectively. The financials were yet [...]
Market Forecast for Week of 3/17: SPX, Nasdaq, GLD, SLV, GDX, XAU, FXY, FXB, FXE
March 16, 2008 – 7:04 pm
With big news (BSC/JPM and Fed’s discount rate cut) on a Sunday before the options expiration week, the market is bound to be very volatile on Monday. Fed’s immediate discount rate cut is, no doubt, an attempt to buffer the effect of the JPM $2/share bailout of BSC! Nikkei (Japan) is down more than 400 [...]
$110 Oil! SPX, Nasdaq, BIDU, GLD, SLV, FXY, FXB, FXE
March 12, 2008 – 4:51 pm
The market opened strong, continuing from yesterday’s rally. But, it started to fade in late morning, as profit-taking started to kick in (other people/articles might give other reasons). Within the last hour of trading, the profit-taking gained momentum and the market closed in the red. Crude spiked up over $110/barrel today. The Dollar fell further. [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
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