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Category Archives: UNP

Home Sales Sour Market Mood! SPX, Nasdaq, V, MA, APA, UNP, EOG, V, MA, RIG, CMG, NFLX, DECK

Since Monday morning’s surge, on China loosening yuan’s peg to the US dollar, the market had been on the defensive.  This morning’s home sales data, which fell unexpectedly, further gave the market reasons to take some profits off the table.  After all, the market has been rallying up 2 weeks straight without taking much of a [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, GS, GOOG, AXP, C, IBM, CSX, UNP

Happy MLK Day!  Hope you’ve had a nice long weekend! Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks strong, but, will have to be supported by good earnings.  Breaking and staying above SPX 1150 could be a psychological blow to the shorts.  Steel stocks may have run a bit [...]

Gold At New Record High! SPX, Nasdaq, GLD, SLV, GOLD, ABX, AEM, PAAS, TSL, STP, YGE, BNI, UNP, CSX

It was a volatile morning while stocks bounced around and experienced fast swings in a tight range.  We got shaken out of a couple of trades in the morning.  But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084/ounce!  Gold surged on news that the Reserve Bank [...]

Scoring Big!! GS, GOOG, BLK, RIMM, UNP, BNI, NRF, NOG, HERO, CAT, VMC, FCX, X

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Yesterday, in our Trading Room, just before the market closed, I said:HappyTrading April 1, 2009 12:45 PMthe intraday charts are so choppy, but, the daily charts look like they want to break out higher! In my post last night, I also commented:“The US market looks [...]

Fed’s 1/4 Point Cut A “Non-event”? SPX, Nasdaq, PNRA, GOOG, BIDU, UNP, UBB, PBR, RIO

Well, another rate cut, a quarter-point this time, turned out to be pretty much a “non-event”, at least for the market today. The market was up solidly just before the news came out, and, held steadily for about half-an-hour. Then, the market reversed. The market came back some before the close, but, still finished in [...]

Review 10/18/07: SPX, Nasdaq, LOGI, UNP, GOOG, INFA, CREE

The market started out kind of dull, staying flat, but in the red most of the morning. Soon after lunch, the market began to pick up some momentum, especially the techs, perhaps in anticipation of strong earnings from GOOG. The Dow was down just 3.58 points; SPX was flat, losing just 1.16 points; and, the [...]