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Category Archives: UUP

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

Last weekend, in my Market Forecast, I said: "For the new week, we have the FOMC meeting on Wednesday.  It’ll be interesting to see how the dollar/gold trade goes ahead of the meeting.  The Fed had already indicated that it will keep the interest rates low for a while.  Since the dollar has bounced quite [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, UUP, GLD, XLF, INX2

Last weekend, in my Market Forecast, I said, "For the new week, the market will start out with a slightly weaker stance.  However, if the market can hold its support levels (SPX 1025; Nasdaq 2050), the market can bounce right back up.  The market will need to stay strong right from the beginning.  Earnings season [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, UUP, XME, MOO

Last weekend, in my Market Forecast, I wrote: "For the new week, Monday may be a bit shaky, as the market needs to let off some more steam.  But, as long as the market does not fall too far below the daily upper BB, it should stay strong.  SPX 1030 and Nasdaq 2050 will be [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, XME, SWH

Last weekend, in my Market Forecast, I said, "For the new week, most sectors seem to have sync’d up to go higher.  SPX closed right at its 10-day MA while Nasdaq closed above.  Another solid green day, the indices could have the daily upper BB within their reach.  The market will need to push the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, XME, MOO

Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll continue to watch the delicate balance between the dollar and the commodity sectors.  Technically speaking, the market can now break higher on a new leg up.  This could draw in another chunk of the money sitting on the sideline.  We could see the market [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, XME, XLE

Last weekend, in my Market Forecast, I said, "For the new week, I think there is still a lot of sidelined money looking to come in the market.  There is a possibility that we see a quick pullback, just to make some room for the technicals.  The dollar took a big drop on Friday, which [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME

Last weekend, in my Market Forecast, I said, "For the new week, although market still looks strong, it is also toppy.  After 2 weeks of rallying, it is starting to look sluggish.  SPX 980 is posing some resistance.  We could see some profit-taking and consolidation here before testing SPX 1000.  SPX 950 now should be [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, USO, UUP, GLD, XME, INX2

Happy 4th of July Weekend!! Last weekend, in my Market Forecast, I said, "For the new week, it could be a very important week to determine the market’s next move.  The market has bounced for 4 days after last Monday’s big drop.  If the market can continue this upwards momentum, we should see SPX 950 [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, UUP, GLD, XLF, SOXX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy Super Bowl weekend!  Wow, what an exciting Super Bowl game that was!!  Back and forth, back and forth, just like the stock market!  In the end, Steelers came back, from being down 3 points with about 2 minutes left, and beat the Cardinals with [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, SOXX, XME

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy Holidays Everyone! The market ended a busy week with little changes.  Last weekend, in my Market Forecast, I said: “…the market needs to jump higher right from the start to keep things above that 30-day MA.  Any weakness to start the week would likely push [...]