Skip navigation

Category Archives: USO

Market Forecast + Sector Watch: SPX, Nasdaq, XME, GLD, USO, MOO, AGU, POT, MOS, CF, GOLD, NEM, ABX, CLF, X, WLT, FCX

August 29, 2010 – 7:31 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, the technicals are still carrying a bias to the downside.  The M&A activities and the speculations for them are offsetting the inconsistency in the latest economic reports.  The M&A activities are bringing buyers into some sectors.  However, the industrials have been weak on [...]

By HappyTrading | Also posted in ABX, AGU, CF, CLF, FCX, GLD, MOO, MOS, NEM, POT, WLT, X, XME, gold | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, TLT, USO, GLD, SOXX, MOO, POT, MOS, AGU, CF, CAGC, SEED

August 15, 2010 – 7:20 pm

Last weekend, in my Market Forecast, I said, "For the new week, the market can run further into its newly developed bullish formation.  The market has already stuttered around the SPX 1120 to 1130 area for a long time.  If it’s going to break higher, it’ll have to catch the daily upper BB.  This will [...]

By HappyTrading | Also posted in AGU, CAGC, CF, GLD, MOO, MOS, POT, SEED, SOXX, TLT | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, USO, XME, INX2, MOO, POT, CF, AGU, MOS, MELI, AOL, CLF, WLT, BHP, FCX

August 1, 2010 – 7:40 pm

Last weekend, in my Market Forecast, I said, "VIX has sank back below 24, which could signal the intention to rally.  We’ll have to see if the market can continue to push higher and stay above SPX 1100.  If SPX 1100 is cleared, SPX should retest the 1120 level.  Miners went up quite a bit [...]

By HappyTrading | Also posted in AGU, AOL, BHP, CF, CLF, FCX, INX2, MELI, MOO, MOS, POT, WLT, XME | Comments (0)

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 [...]

By HappyTrading | Also posted in APC, DO, FSLR, GLD, GS, MA, OIH, RIG, SLB, TSL, V, XLF, YGE | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XME, OIH, XLF, GLD, USO, XME, OIH, XLF, GS, CME, ICE, BP, GOLD, NEM, ABX

June 27, 2010 – 9:10 pm

Last weekend, in my Market Forecast, I said: "For the new week, the market looks to be on its way to break higher.  The daily upper BBs have opened up; the 10-day MAs are crossing above the 20-day MAs.  In addition, the 30-day MAs are trying to turn up.  These are all bullish signals.  This weekend, China [...]

By HappyTrading | Also posted in ABX, BP, CME, GLD, GS, ICE, NEM, OIH, XLF, XME, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XME, OIH, GLD, USO, XME, OIH, SLB, DO, RIG, GOLD, NEM, PAAS, CLF, WLT, BTU, BHP

June 20, 2010 – 8:18 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, things may be a bit tricky.  First of all, it’s options expiration week, so some "maneuvers" are to be expected.  The market is definitely trying to draw a bottom.  But, after charging higher 2 days in a row, we may see some indecisiveness [...]

By HappyTrading | Also posted in BHP, BTU, CLF, DO, GLD, NEM, OIH, PAAS, RIG, SLB, WLT, XME, gold | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XME, XLF, CLF, WLT, X, GS, BHP

April 4, 2010 – 7:51 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market will need to push higher to catch the daily upper BB soon if this rally were to continue.  SPX and Nasdaq spent the last 4 trading sessions hovering around their respective key levels.  The daily upper BBs are closing in; so, [...]

By HappyTrading | Also posted in BHP, CLF, GLD, GS, WLT, X, XLF, XME | Comments (0)

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 [...]

By HappyTrading | Also posted in FSLR, GLD, OIH, PBW, SPWRA, STP, TSL, UUP, XLE, YGE | Comments (0)

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, USO, XME, MEE, BTU, WLT, CNX, ACI, PCX, AKS, GS, BAC

March 7, 2010 – 9:37 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, the market certainly has room to rise.  But, it’ll have to break above SPX 1120 to go higher.  The market is very "emotional" right now, and, the weekly jobless claims reports seem to keep the market on its toes.  (What they really should [...]

By HappyTrading | Also posted in ACI, BAC, BTU, CNX, GLD, GS, MEE, PCX, WLT, XLF, XME | Comments (0)

Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK

February 21, 2010 – 8:43 pm

Last weekend, in my Market Forecast, I wrote: "For the new week, if SPX can push above 1080, the market could rally higher to test 1100.  Above 1100, 1120 is the next resistance.  Tech stocks should continue higher if the market environment is strong.  Gold is ready to push higher.  We’ll also be watching to [...]

By HappyTrading | Also posted in AAPL, ABX, AMGN, AMZN, BTK, CELG, GENZ, GILD, GLD, GOOG, Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, RIMM, TEVA, UUP | Comments (0)