It was a very volatile day on the market, almost more volatile than on an options expiration day! There were lots of mid-day big swings. For example, X was strong in the morning, trading above $182; it ended at $172.15, down almost $4 for the day (a $10 swing)! The market did […]
Yesterday, we were talking about $130 oil! Well, it just got higher today. We’ve also been looking at USO for the past couple of weekends in my weekly Sector Watch, and, we saw that it showed room to go higher. USO closed today at a new all-time high of $108.31, as crude […]
By HappyTrading
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Also posted in Nasdaq, SPX, USO, LDK, SPWR, FSLR, NOV, TSL, STP, CEO, CSIQ
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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.
We also […]
The market was extremely choppy today, perhaps unnerved with the anticipation of the Fed minutes and then uncomforted after the Fed minutes had come out. But certain sectors still showed lots of strength: metals and miners, agriculture, and energy.
The Dow was down 35.99 points; SPX fell 7 points; and Nasdaq lost 6.07 […]
By HappyTrading
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Also posted in Uncategorized, POT, Nasdaq, SPX, MOS, SPWR, MA, FSLR, ESLR, CF, STP, MON, DVN, UPL, APA, WM, V
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The GDP came in at 0.6, which matched the estimates. The market futures initially jumped when the GDP report came out, but, MER and UBS received lowered earnings outlook and soon started to put pressure on the financial sector. This weekend, in my Market Forecast, I said,
“The market has been under pressure for […]
The market was basically flat today as some profit-taking gave things a chance to let off some steam. But, certain sectors were showing very strong performances. Metals, energy, and agricultures all showed a lot of strength. MON boosted its 2008 guidance and saw its shares jump nearly +10%. Other stocks in […]
December 4, 2007 – 6:23 pm
Surprise, surprise! Another volatile day. But, the market stayed in the red all day, starting the day with weakness in the financial sector, as analysts downgraded the investment banks. The Dow slid 65.84 points; SPX gave up 9.63 points; Nasdaq went down 17.3 points.
Here’s how the market closed:
INX2 (Internet), BTK (biotechs), and […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
