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Category Archives: X


Volatile Market Ends Down: SPX, Nasdaq, GLD, X, RTP, CNX, AAPL

The market was very volatile today. It opened down, but, came up into the green, only to fade away and close in the red. Commodities were weak, as dollar saw strength. Gold traded below $870/ounce and oil dropped under $132/barrel. Steels and coals retreated as well.
The Dow ended up +9.44 points; […]

AAPL Unveils 3G iPhone; RIMM Jumps! SPX, Nasdaq, AAPL, RIMM, POT, MON, X, ANR, STLD, SCHN, CNX, ACI, PCX, BTU

The market was mixed today with techs on the weak side. Energy stocks, agriculture, metals, and oil services were strong. AAPL unveiled its new 3G iPhone at $199, $200 cheaper than what’s out there right now:

AAPL shares traded with great volatility and was down more than $10 at one point. Its shares […]

Swing Market Ends Higher! SPX, Nasdaq, MOO, CF, MOS, POT, MON, RIG, DO, NOV, CLF, X, ANR, CNX, MEE

The market opened higher today on favorable durable goods data. But, soon dropped into the red. However, after lunch, the commodities-related sectors seemed to gain more and more momentum. I, then, commented on the member board:
HappyTrading
Posted May 28, 2008 at 9:47 am | Permalink (Edit)
market
commodities are joining in; we might get a […]

A Broad Market Rally! SPX, Nasdaq, RIG, DO, NOV, CLF, X, RTP, ATI, FCX, PCU, PKX, ACH

Yesterday, in my evening post, I said, “The market does still show bullish formations in the major indices. We’ll have to see how VIX deals with the $18 mark (now, a resistance). If VIX gets pushed back down toward $16, we could still see the market forming a new leg up.”
This morning, VIX tried […]

Stocks Up, While Oil Above $124! SPX, Nasdaq, X, NUE, CLF, RTP, GLD, XAU, GDX, OIH, PCLN, solar stocks

The stock market was up today, led by metals and mining. Energy stocks did well also, as crude closed above $124/barrel. (What did I say about trying to “rationalize” the market yesterday?) Gold seemed to be on its way back up, as GLD added +1.65%. Steel stocks were hot, again! […]

MOOing The Bulls: SPX, Nasdaq, CF, POT, MOS, MON, BG, AAPL, X

The market was pretty volatile today as it tried to establish a new trend and prevent reverting back to the recent patterns. It opened lower with the unfavorable unemployment report, but managed to climb back and close in the green. The agriculture stocks were particularly strong. Steel stocks continued to charge […]

Taking A Breather: SPX, Nasdaq, MON, ICE, CLF, X, STP, FSLR, SPWR, LDK, YGE, RIMM

The market held its ground today, even though Bernanke was talking about the “R”-word. Solar stocks picked up the pace today as did metals. BIDU continued with its run and traded as high as $292 today! Oil jumped and oil services had another good day.
The Dow was down 48.53 points; SPX slid […]

Market Stalling? SPX, Nasdaq, RMBS, ORCL, GOOG, CLF, X, RIO

The market felt lethargic all day today. Durable goods data dropped and rekindled some worrying on the market. It made an attempt to rally back in the afternoon, but, still closed in the red. Metals were strong again today. Oil jumped and related sectors showed strength. Select agriculture plays were […]

Metals and Agriculture Bounce! SPX, Nasdaq, MON, CF, X, STLD, MA, FSLR, SPWR, SOLF

The market was basically flat today as some profit-taking gave things a chance to let off some steam. But, certain sectors were showing very strong performances. Metals, energy, and agricultures all showed a lot of strength. MON boosted its 2008 guidance and saw its shares jump nearly +10%. Other stocks in […]

Review 8/16/07: SPX, Nasdaq, Dow, PCU, X, RIMM, PCP, SPWR, CFC, HPQ, DELL

Wow, what a day!! We made money on both sides (short and long)!!

We started off with PCU and X puts, purchased yesterday. Right off the bat, those PCU puts doubled overnight!! We sold them way too early, as both PCU and X continued to drop. But, as the market bounced, […]