Monday, April 13, 2009

20090413 PM

DOW 8,057.81 -25.57
NASDAQ 1,653.31 +0.77
SP500 858.73 +2.17. Going to 940s.
Indices opened lower and closed near unchanged.
GLD 87.88 +1.57. Hovering around 200 DMA. Can test 800.
SLV 12.57 +0.40
PTM 15.10 +0.30

XLF 11.08 +0.45. Day range 10.35 - 11.26.
FAS 9.75 +1.04. Day range 8.11 - 10.05.
NFLX 49.42 +2.47.
SRS 31.47 -1.42
URE 3.51 +0.07

TGB 1.68 +0.21 (14.29%). Heavy volume.
TRE 3.42 -.63 (15.56%). Previous close 4.05. Open 3.50. Day range 3.10 - 3.54. The Barron's hit piece last weekend caused the gap down on heavy volume. Still looking to buy at 3.

FEED 3.21 +0.80 (+33.20%). Very heavy volume. Closed above the gap from November 2008. A little late, but watch how it acts in the morning for potential buy.
ZLC 3.94 -0.25. Zale's. Watch how it consolidates here after a nice run from 1.

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