Last weekend, in my Market Forecast, I said: "For the new week, the market should be looking for a bounce after the quick fall for the past 2 weeks. The above mentioned levels should be the first resistances. We could see some volatile trading to start the week. If the market cannot break SPX 1040, [...]
Category Archives: YGE
Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, MOO, XLE, PBW, FSLR, STP, TSL, YGE, BP, APC, RIG, APA, HAL, POT, CF, MOS, NEM
July 11, 2010 – 8:47 pm
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 [...]
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 [...]
Market Pulls Back On Weak Consumer Data: SPX, Nasdaq, FSLR, TSL, CSIQ, YGE, BTU, CNX, MEE, ACI
February 23, 2010 – 8:41 pm
After an unexpected drop in consumer confidence, the market dropped quickely and stayed weak. Solar stocks were especially weak as FSLR was downgraded. FSLR shares stumbled 6.46%. Other solar stocks also fell, including TSL -2.96%, CSIQ -7.06%, YGE -3.59%. Commodity sectors were mostly down, with coal stocks leading the way: MEE -6.24%, CNX -5.57%, BTU [...]
Solars And Fertilizers Still Attracting Buyers! SPX, Nasdaq, FSLR, SPWRA, STP, TSL, YGE, CSIQ, POT, MOS, CF, AGU, FDX, UPS
December 7, 2009 – 8:09 pm
The market was stagnant today, spending most of the day slightly up. But, it sank into the red in the afternoon, although not by much. A couple of sectors stood out, however. Solars and fertilizers were strong from the open and kept most of their gains. In the Sector Watch section of my article last [...]
Market Rallies On Positive Economic Data! SPX, Nasdaq, TSL, YGE, STP, FMCN, CHU, CYD, HMIN, SBUX, NILE
November 5, 2009 – 8:55 pm
This morning, the jobless claims numbers were much less than expected. Adding to CSCO’s positive outlook from last night, the market was in a rallying mood from the open. In our Trading Room, I commented: November 5, 2009 6:58 AM good morning! market nice economic data this morning; market should have a solid day to [...]
Gold At New Record High! SPX, Nasdaq, GLD, SLV, GOLD, ABX, AEM, PAAS, TSL, STP, YGE, BNI, UNP, CSX
November 3, 2009 – 8:38 pm
It was a volatile morning while stocks bounced around and experienced fast swings in a tight range. We got shaken out of a couple of trades in the morning. But, soon, much attention turned to gold as it rallied to a new record high, trading above $1084/ounce! Gold surged on news that the Reserve Bank [...]
Quick Wrap-Up For Thursday: SPX, Nasdaq, ISRG, JOYG, SOHU, EDU, AMZN, MSFT, BIDU, GS, FSLR, SPWRA, TSL, YGE, STP
July 23, 2009 – 3:08 pm
I have guests visiting starting tonight. So, I’ll do a quick wrap-up. The market started out strong and finished stronger. In the morning, both home sales and unemployment numbers were seen as favorable to the economy. Stocks charged higher and higher. Commodity related sectors came back up today. GS led the financials higher, adding $5, [...]
AAPL To $180? SPX, Nasdaq, AAPL, YHOO, FSLR, TSL, YGE, STP, AMGN, CELG, GENZ, HGSI, SPPI, MS, WFC, QCOM
July 21, 2009 – 4:32 pm
The market was obviously nervous today ahead of AAPL and YHOO earnings. After opening higher in the morning, the market drifted into the red. AAPL traded down to just below $150/share. But, soon after lunch, buyers came in again, and the market was able to finish higher. Biotechs continued to be strong today. HGSI jumped [...]
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, PBW, BTK
June 28, 2009 – 8:59 pm
Last weekend, in the Market Forecast, I wrote: "For the new week, we have the Fed meeting on Wednesday. The market still seems undecided and is showing mixed signals. VIX, closing below 28, could start a new leg down. On the other hand, energy sectors are showing weakness. Financials are in neutral gear and could go [...]
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