The market was already on its heels and sank lower today after a sharp fall in the latest home sales report. Stocks were weak pretty much across the board. GOOG fell another $12.68 to close just above the $450 level. Just 2 weeks ago, GOOG was trading around $500/share! ISRG continued to stumble, down $13.82; [...]
Category Archives: TSL
Stocks Sink Further On Home Sales: SPX, Nasdaq, GOOG, ISRG, PCLN, MLM, VMC, CRM, TSL
August 24, 2010 – 6:16 pm
Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, MOO, XLE, PBW, FSLR, STP, TSL, YGE, BP, APC, RIG, APA, HAL, POT, CF, MOS, NEM
July 11, 2010 – 8:47 pm
Last weekend, in my Market Forecast, I said: "For the new week, the market should be looking for a bounce after the quick fall for the past 2 weeks. The above mentioned levels should be the first resistances. We could see some volatile trading to start the week. If the market cannot break SPX 1040, [...]
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, OIH, XLF, FSLR, TSL, YGE, GS, MA, V, DO, RIG, SLB, RIG, APC
July 5, 2010 – 9:42 pm
Last weekend, in my Market Forecast, I wrote: "For the new week, this week is still range-bound with a bearish bias. The longer the market hangs below SPX 1080, the more likely we’ll see SPX test 1040 soon again. However, if the market rises above 1100, we’ll likely see a new bullish formation in SPX’s [...]
Market Cheers Better Jobs Report: SPX, Nasdaq, FSLR, TSL, RIG, BP, ESI, APOL, DV, GS
April 29, 2010 – 7:48 pm
The market was very strong today, cheering solid earnings and falling jobless claims. As the market rose, BP and RIG turned the other direction, as the situation of the oil spill from the rig explosion got worse and turned into a crisis. BP tumbled 8.34% and RIG fell 7.45%. This incident further pressures the White House [...]
Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, USO, PBW, OIH, XLE, STP, FSLR, YGE, TSL, SPWRA
March 21, 2010 – 7:55 pm
Last weekend, in my Market Forecast, I said: "For the new week, although market indices still look strong, this rally is extended. Many tech and financial leaders could use a breather. On Tuesday, we have the FOMC meeting. The market may act undecidedly ahead of the meeting. If the market slips ahead of Fed’s rate decisions but [...]
Financials Help S&P 500 To New High! SPX, Nasdaq, GS, C, PNC, STI, V, MA, RIMM, GOOG, AMZN, AAPL, FSLR, STP, TSL
March 11, 2010 – 9:14 pm
Financials stayed strong today and helped to push S&P 500 to a new 17-month closing high! In my Market Forecast this weekend, I said, "… the market has gone quite far, so it may need a breather through the mid-week. If the market can hold its altitude while letting off some steam, we could see [...]
Market Pulls Back On Weak Consumer Data: SPX, Nasdaq, FSLR, TSL, CSIQ, YGE, BTU, CNX, MEE, ACI
February 23, 2010 – 8:41 pm
After an unexpected drop in consumer confidence, the market dropped quickely and stayed weak. Solar stocks were especially weak as FSLR was downgraded. FSLR shares stumbled 6.46%. Other solar stocks also fell, including TSL -2.96%, CSIQ -7.06%, YGE -3.59%. Commodity sectors were mostly down, with coal stocks leading the way: MEE -6.24%, CNX -5.57%, BTU [...]
Commodity Sectors Rally Higher! SPX, Nasdaq, TRA, POT, MOS, CF, AGU, TSL, GLD, CNX, CLF, BTU, X, RTP
February 16, 2010 – 4:06 pm
Stocks rallied today, led once again by the commodity sectors. As I have been saying for a week now, "The dollar is very strong, but, perhaps needs a breather. Commodity sectors could see buyers rushing in if the dollar pulls back." The dollar finally got a meaningful pullback today, sending SPX towards 1100. Over the [...]
Market Unstable Ahead Of Busy Wednesday: SPX, Nasdaq, AIG, X, GS, FSLR, SPWRA, AMSC, TSL, AAPL, YHOO, GILD, SANM, SHW
January 26, 2010 – 8:52 pm
In the past 2 days, the market has been really unstable, trading in a tight range, but, basically unchanged since last Friday’s close. Tomorrow, lots of things are happening. Treasure Secretary Timonthy Geithner will be questioned by the Congress on AIG’s bail out. AIG stock has been falling continuously for the past 4 days, including [...]
Profitting On Both Sides, Again! BIDU, TSL, FSLR, INTC, POT, CF, AGU, TRA
January 14, 2010 – 9:22 pm
Even though the market indices ended higher today, the individual sectors produced mixed results. We saw pockets of strength here and there, but, also some weak areas. Miners were mostly weak, perhaps still lingering on AA’s earnings report. Solar stocks were up in the morning, but, did a big reversal in the afternoon when news [...]
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