Dow 8,579.11 -25.88
Nasdaq 1,564.32 +11.95
S&P 500 887.88 +2.60
10-Yr Bond 2.131% +.057
Quadruple witching.
Metals and oil lower.
CMG 63.76 -.32. Failing at the September high-volume gap. Looks like the uptrend is over.
DRYS 11.23 -1.05. Potential buy after a pullback.
XOM 75.02 -1.98. Is following price of crude oil down. Below 72 and this will keep falling to retrace the recent gains.
C 7.02 -.41. Going lower, so if this gets to 6 1/2 on Monday with lighter volume and looks to then go higher, then can look to buy XLF.
XLF 12.23 -.02. Closed the long options that were up about 100%.
TCK 4.70 +.22. 21% dividend. Buy.
GLD 82.63 -1.24. Looks like gold will need more time backing off before the next run up.
AEM 46.62 +2.95. Strong.
RGLD 44.79 +2.77. Strong. Put on buy watch list.
There appear to have been huge "market on close" sell orders for small gold stocks which caused them to sell off dramatically in the last minute. Was this option strike price manipulation or incompetent fund selling? Placing day buy orders far below the market could pick up this manipulation.
GBG .80 -.46.
GSS .53 -.52.
VGZ 1.00 -.35. Was long in tax-deferred account. These golds appeared to be pulling back from a quick run up, so I happened to close this long at 1.43 late in the afternoon, so luckily avoided the sell-off.
... the entire fiat money system is in crisis - perhaps a terminal one - judging from the calls for a new Bretton Woods agreement by European leaders.
As a result, the powers that be in the US appear to be prepared to do virtually anything to obscure this reality from an increasingly terrified populace ...
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