The market was pretty flat all day. Financials and techs took a breather, while commodity-related sectors bounced. Metals, energy, oil, and agriculture were all strong today. MOS led the fertilizer group, rising almost $12, or +9.38%; POT added +6.52%, and AGU gained +6.56%. In the energy sectors: HES went up +6.26; […]
By HappyTrading
|
Also posted in POT, Nasdaq, AAPL, SPX, HES, MOS, SLB, AGU, AXP, FLR, CLR, MEE, PCX
|
Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went […]
By HappyTrading
|
Also posted in Uncategorized, SMH, Nasdaq, IMCL, SPX, BMRN, CELG, AMGN, IBB, ADI, ALTR, XLNX, TEVA, PRGO, GILD
|
Well, the market just kept on “slip sliding away”. Ironically, the lyrics of this “Simon & Garfunkel” song say, “You know the nearer your destination, the more you slip sliding away.” Funny, these hippie song writers perhaps knew more than what we give them credit for, as the market capitulation may be near.
The […]
January 22, 2008 – 5:39 pm
Being pressured by a sell-off in the global financial markets, the Fed finally slashed interest rates by 75 Bps today. This certainly helped the market to minimize the loss today. The market futures were way down this weekend. Even with the rate cut being announced in pre-market hours, the market gapped down […]
December 10, 2007 – 7:21 pm
It was a nice way to start the week. The market showed strength today and kept things in the GR$$N all day. The Dow was up +101.45 points; SPX gained +11.3 points; and Nasdaq added +12.79 points.
Here’s how the market closed:
HGX (housing) jumped another +2.66%, while XLF stayed strong also, adding +2.12%. […]
October 22, 2007 – 5:42 pm
This weekend, in my Market Forecast, I said, “[The market is] likely to be volatile, especially early in the week, as the market sorts things out. Since the weekly charts are much stronger than the daily charts, we’ll hold cash and see if the market bounces early in the week, and trade accordingly.” Today, […]
![[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)
