Last weekend, in my Market Forecast, I said:
"For the new week, things get a bit tricky. While earnings are still expected to be strong, the anxiety over possible financial reforms can cast a shadow on the market, especially over the financial sector… I think we’ll see some follow-through weakness on Monday. In general, I’d expect […]
By HappyTrading
|
Also posted in GLD, XME, HES, NOV, SLB, CLF, DVN, UPL, APA, BTU, ACI, ANR, PCX, XLE, OXY, WLT, BHI
|
Last weekend, in my Market Forecast, I wrote:
"For the new week, the passage of the historic health bill may inspire more profit-taking, as now, there are more uncertainties. Besides what affect the new health legislation will have on the health care and insurance industry, some analysts are also paying more attention to the on-going discussions on financial regulations. […]
By HappyTrading
|
Also posted in PTR, FXI, FMCN, XLF, BIDU, HES, CEO, SNP, LFC, UPL, APA, XLE
|
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 manages […]
Last weekend, in my Market Forecast, I wrote:
"For the new week, both SPX and Nasdaq are showing a new bullish formation in their respective daily MAs. Nasdaq is basically at the resistance set back in January, 2325. SPX’s next resistance is at 1150. Above these resistance level, the market could break out to a new […]
By HappyTrading
|
Also posted in POT, GLD, XLF, XME, MOS, X, CF, AGU, TRA, MOO, CLF, MEE, WLT
|
February 28, 2010 – 8:40 pm
Last weekend, in my Market Forecast, I said,
"For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance. The market has rallied quite far. Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120. So, if SPX 1130 cannot be […]
By HappyTrading
|
Also posted in GENZ, UNH, GLD, BTK, XLF, CELG, AMGN, OSIP, PRU, AIG, AET, SLXP, NUVA
|
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 see […]
By HappyTrading
|
Also posted in GENZ, GOOG, Nasdaq, AAPL, RIMM, GLD, BTK, USO, CELG, AMGN, AMZN, ABX, TEVA, GILD, Market Forecast + Sector Watch + Weekly Wrap: SPX
|
January 31, 2010 – 9:02 pm
Last weekend, in my Market Forecast, I wrote:
"For the new week, the market is in danger of breaking down into a "correction". Besides more earnings reports, FOMC meeting is on Wednesday and the Senate will determine whether Bernanke gets to keep his seat as Fed’s Chairman. The week will likely be volatile, especially the beginning. […]
January 24, 2010 – 7:56 pm
Last weekend, in my Market Forecast, I said,
"For the new week, the market will start on some shaky grounds. Once again, it’s mostly about the earnings! On Tuesday, before the market opens, C reports, and after the market, we’ll hear from IBM. These could set the tone for the broader market until Thursday, when GS […]
January 18, 2010 – 9:46 pm
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 too far […]
By HappyTrading
|
Also posted in GS, GOOG, GLD, XLF, XME, MA, UNP, CF, C, AGU, AXP, BG, GE, CSX
|
December 27, 2009 – 9:27 pm
Last weekend, in my Market Forecast, I wrote:
"For the new week, we’ll pay attention to the GDP and retail reports on Tuesday. Nasdaq looks really strong. Its daily upper BB has opened up. Normally, I’d say that Nasdaq is setting up for a breakout. But, with this "undecided" market environment, we’ll have to wait until […]
By HappyTrading
|
Also posted in GLD, XLF, HES, ICE, MA, NOV, CME, DO, RIG, SLB, DVN, UPL, APA, V, XLE, PNC, BLK, STT, OXY, XLT
|
![[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)
