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Category Archives: UAUA

6/4/10 Weekly Wrap: JOYG, UAUA, OIH

Once again, the market was extremely volatile, going through big swings.  Just when it appeared to be ready to make a bounce, the latest jobs data turned the bulls away.  Treasuries, dollar, and gold went higher as investors ran for safety.  Nevertheless, we traded pretty well, following the market’s movements.  We traded on both sides and [...]

Market Rally Takes A Break: SPX, Nasdaq, MEE, WLT, CLF, MON, POT, AGU, GLD, GOLD, GS, AIG, LCC, UAUA, JBLU, BBBY, HOTT

The market stalled in its rally today.  Late in the afternoon, the market took a quick pullback, but, was able to stabilize a bit before the close.  Energy and coal stocks were weak today.  MEE dropped another 6.67% on the recent mine explosion accident.  WLT and CLF pulled back, falling 1.94% and 2.18%, respectively.  This [...]

Market Bounces On Possible Greece Rescue: SPX, Nasdaq, CAT, BUCY, JOYG, AGU, POT, CF, UAUA, DAL, JBLU, LCC, BIDU, NTGR, GS

This morning, the market was encouraged by a possible rescue plan for Greece’s debt crisis.  In addition, CAT received an upgrade from Morgan Stanley.  Commodity sectors jumped and pushed the Dow back above the 10,000 mark.  CAT finished the day up +5.42%.  Both BUCY and JOYG also benefitted, gaining +4.48% and +2.74%, respectively.  AGU reported [...]

Another Wild Day On Wall Street: SPX, Nasdaq, POT, CF, MON, MOS, UAUA, DAL, NWA, AAPL, YHOO

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It was another wild day for the markets!  Last night, I thought,“I think the best scenario for the market tomorrow is actually to open “lower”; let off some steam.  Then, resume back up in the afternoon or late morning.  If the market opens up, people will [...]

Oil Drops, Airlines Soar! SPX, Nasdaq, PTR, SNP, MOS, POT, CF, PCX, CNX, MEE, DAL, UAUA, CAL, NWA, BA

The market saw buyers coming back in today as oil fell $4.75! China announced that it will raise gasoline and diesel fuel prices by 16% and 18%, respectively. This news prompted PTR and SNP to capture solid gaines. PTR traded as high as $146.25, but, closed at $140.49, up +4.43%; while SNP shot up to [...]