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Category Archives: SOXX

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, XLE, SOXX

Last weekend, in my Market Forecast, I wrote: "For the new week, many sectors are starting to look toppy.  But, the financials still have not really broken out.  XLF is still unable to break above $13.  The market might start out the week slowly.  We could see some more profit-taking in the techs and the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, SOXX, BTK

Last weekend, in my Market Forecast, I wrote: "Although this rally looks to be struggling, I’m not necessarily convinced that it is done.  We are mostly in cash and will be prepared to trade on either side.  If the market indices break the support at the 30-day MA, we may see the slide accelerate.  SPX [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, OIH, XLE, SOXX

Last weekend, in my Market Forecast, I said, “For the new week, if the market wants to go higher, I think we’ll need to see some sectors that have been lagging to pick their pace!  Financials and techs (especially the semis) have been leading this market up.  I think the market’s rally is at a [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, PBW, SOXX, OIH

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I said, “For the new week, it looks like the market intends to go higher.  Monday’s actions could set a strong tone for the week.  But, the market will need to break above SPX 800 and Nasdaq 1500 to [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, USO, SOXX (public)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I noted, “…as I said on Wednesday, this market may be looking at a near-term bounce.  For the new week, if the market does bounce, it will have to get above the 10-day MA before it can get anywhere.  [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, GLD, XLF, SOXX (public)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I said, “For the new week, SPX and Nasdaq look like they are on the start of a new leg down.  SPX 700 and Nasdaq 1300 are the nearest respective supports.  Although financials finished mixed last week (some even managed to [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, SOXX, XLE (public)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “For the new week, it still seems that the market is waiting to see how the stimulus package is going to play out.  The market is still undecided and needs more clarity on how the new ”Obama” plans are going [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, SOXX, USO (public)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy President’s Day! Last weekend, in my Market Forecast, I wrote: “ The market is waiting to see if the stimulus plan will be swiftly passed in new week.  The market looks optimistic about the lastest stimulus package that is being discussed, and, could be [...]

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

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy Super Bowl weekend!  Wow, what an exciting Super Bowl game that was!!  Back and forth, back and forth, just like the stock market!  In the end, Steelers came back, from being down 3 points with about 2 minutes left, and beat the Cardinals with [...]

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

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy New Year!  Hope you’ve had some nice time off with your friends and family! The market was very strong last week, and was finally able to get some traction.  The Dow added +519.14 points; SPX gained +59 points; Nasdaq jumped +101.97 points.  I have [...]