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Category Archives: XLE


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

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Last weenkend, I said,
“The biggest news on Sunday evening have been on LEH, MER, and AIG.  At the time of this writing, there has not yet been a deal reached for LEH.  There are new rumors about BAC possibly in talks to buy MER.  Other the […]

Market Forecast + Sector Watch 8/18/2008: SPX, Nasdaq, USO, UUP, GLD, XME, HGX, PBW, XLE

from My Happy Trading.com
The market eked out a small gain with SPX adding only +1.88 points for the week.  However, the techs were stronger.  Nasdaq gained +38.42 points.  The general sentiment on the market was better as the dollar bounced strongly and oil prices fell lower.  Commodities continued to be on the weak side.  Gold […]

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

Last week, the market was able to rally above the daily MAs before seeing a sharp, profit-taking session on Thursday. On Friday, the market was able to poise itself with minor gains and the techs leading.
SPX

SPX added +5.22 points to close at 1257.76. It closed pretty much right at the 20-day […]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, XLE, USO, UNG, DBA

During the short week before the 4th of July, the market took a big loss on Wednesday, and that was enough to keep the market in the red, although the market tried to gain some grounds on Thursday. The Dow finished the week down 57.97 points; SPX lost 15.48 points; Nasdaq tumbled 70.25 points. […]