20090530 Weekend

DOW 8,500.33 +96.53
NASDAQ 1,774.33 +22.54. Closed over May 7 high, so price can go higher next week.
SP500 919.14 +12.31
Indices jammed higher in the last two minutes (to paint the charts). Dollar lower and currencies have been erratic the past few days. Commodities higher again. Bond prices higher after the big losses yesterday.
GLD 96.20 +1.96. A close above 99 and this can quickly go to 125. If it doesn't move higher early next week, then it will likely fall back.
SLV 15.47 +0.54
PTM 14.66 +0.76

SMH 21.10 +0.01. Covered short at 20.99 for 1.06 per share loss.

AGQ 55.10 +3.77 (7.34%). Ultra Silver ProShares.

20090529 1539

DOW 8,421.08 +17.28
NASDAQ 1,754.26 +2.47
SP500 910.02 +3.19

SSO 25.67 +0.24. Sold at 25.68 for intraday gain of of .15 per share.

GMO 2.09 +0.19

20090529 1139

DOW 8,374.01 -29.79
NASDAQ 1,743.88 -7.91
SP500 905.25 -1.58

SSO 25.43 +0.00. Day range 25.30 - 25.85. Long at 25.52 for scalp.

20090529 0958

DOW 8,396.15 -7.65
NASDAQ 1,750.73 -1.06
SP500 905.89 -0.94
Metals continue to show strong moves. Dollar continues to weaken.
GLD 95.84 +1.60
SLV 15.24 +0.31
PTM 14.30 +0.40

GMO 2.03 +0.13. Sold some shares at 1.95 to take partial profits from shares that were started this week for .09 per share gain.
SMH 21.03 -0.06. Near stop loss, so will see how it acts today.

20090528 PM

DOW 8,403.80 +103.78
NASDAQ 1,751.79 +20.71
SP500 906.83 +13.77
Indices closed moderately higher, with strong moves in oil and some metals.
GLD 94.24 +0.79
SLV 14.93 +0.35
PTM 13.90 +0.12

TRE 3.80 +0.37

20090527 PM

DOW 8,300.02 -173.47
NASDAQ 1,731.08 -19.35
SP500 893.06 -17.27
Market indices opened down fractionally and quickly moved higher until 1:30PM when it started selling off. Indices sold off into the close.
Treasury bonds continue to weaken without widespread media reporting of this potential problem with federal government deficit financing.
GLD 93.45 -0.31
SLV 14.58 +0.16
PTM 13.78 -0.06

SHY 83.81 -0.02. iShares Barclays 1-3 Year Treasury Bond.
IEI 111.07 -0.43. iShares Barclays 3-7 Year Treasury Bond.
IEF 89.96 -1.03. iShares Barclays 7-10 Year Treasur Bond. Price spread with volume. Close near low of day.
TLT 90.49 -1.63. iShares Barclays 20+ Year Treasury Bond.

FXP 15.24 -0.30. 52 week range 14.45 - 183.99. Made 52 week low then started to recover.
GMO 1.79 -0.11

BGU 31.40 -1.92
DXD 50.52 +1.89

KRE 19.46 -1.15. SPDR KBW Regional Banking. Looks to test March 2009 low ~15.
XLF 11.68 -0.36. Look for drop of 2 points.

20090527 1451

DOW 8,381.10 -92.39
NASDAQ 1,747.01 -3.42
SP500 902.85 -7.48

DXD 49.68 +1.05. Trailing stop sold long at 49.69 for .96 per share intraday gain.
GMO 1.87 -0.03. Added to long at 1.86.
SLV 14.61 +0.19

20090527 1235

DOW 8,452.47 -21.02
NASDAQ 1,762.41 +11.98
SP500 911.42 +1.09

DXD 48.83 +0.20. Long at 48.75.

SLV 14.67 +0.25

20090527 1156

DOW 8,447.61 -25.88
NASDAQ 1,761.85 +11.42
SP500 910.34 +0.01

BGU 33.37 +0.05. Closed long from yesterday at 33.55 for .45 per share gain.

XLF 12.10 +0.06. Has not yet tested 12.37 from a few days ago, so for now want to stay short financials.

20090526 PM

DOW 8,473.49 +196.17
NASDAQ 1,750.43 +58.42
SP500 910.33 +23.33
World indices were down over the weekend and Monday. US indices opened slightly lower then rocketed higher. Higher price without big volume, so it can go higher to test highs from last week.
GLD 93.76 -0.39. Day range 92.85 - 93.84.
SLV 14.42 -0.08
PTM 13.84 -0.27

BGU 33.32 +2.56. At end of day with markets holding higher, went long at 33.10 for overnight long.
TZA 25.24 -4.09. Stopped out at 26.43 for 2.8 per share loss.
GMO 1.90 +0.17. Price spread with decent volume.

XLF 12.04 +0.38. Consolidating with lighter volume.

20090522 Weekend

DOW 8,277.32 -14.81. Close below 8170 targets 8000 next week.
NASDAQ 1,692.01 -3.24
SP500 887.00-1.33. With a close below 878, look for a sharp down move.
Metals higher. Dollar and bonds continued to weaken and look to go lower. Quick dollar and bond moves are signaling some financial problems to be exposed in the next few weeks. If foreign central banks are selling their bonds to the Fed, there may be dramatic moves with the dollar, metals, and the markets.
While the markets can go higher and can take in more long money that missed the run of the past few months, the risk of a large downside correction seems to be increasing. Higher prices with higher volume will negate the downside risk.
During the weekend holiday the President admitted "Well, we are out of money now". Will we continue to try to spend, thus destroying the dollar, bonds, and life insurance policies?
GLD 94.15 +0.30. Many have been calling for lower gold prices, but with the dollar having made the low for 2009 and looking to go lower, gold will go higher.
SLV 14.50 +0.16
PTM 14.11 -0.02

TZA 29.33 +0.92. Bought at 29.24 before close.

DBB 14.41 +0.45. PowerShares DB Base Metals.
GM 1.43 -0.49 (25.52%). Volatile week. Longs will be broke next week when GM files for bankruptcy. The July $1 puts traded for .6.
OIH 97.27 +0.93. Weakness early next week will help to confirm overall market weakness.
SRS 22.73 +1.13

20090522 1545

DOW 8,312.13 +20.00
NASDAQ 1,701.09 +5.84
SP500 891.23 +2.90

TWM 49.46 +0.42. Sold at 49.5 for .5 per share intraday gain.

20090522 1539

DOW 8,333.87 +41.74
NASDAQ 1,706.72 +11.47
SP500 893.79 +5.46
Indices are setting up for sell-off next week.

TWM 49.27 +0.23. Bought at 49. Ultrashort Russell 2000.

20090522 1529

DOW 8,320.65 +28.52
NASDAQ 1,702.42 +7.17
SP500 891.81 +3.48

FAZ 5.44 +0.03. Sold at 5.31 this morning for .36 per share gain to take profits before the long weekend.

AGQ 48.45 +0.83.

XLF 11.71 -0.03. Watch for quick buying into the close so this will close positive.

20090521 PM

DOW 8,292.13 -129.91
NASDAQ 1,695.25 -32.59
SP500 888.33 -15.14
Dollar and bonds sold off. Financials sold off and amazingly the financial index closed flat. Fast currency and bond moves indicate a significant event in the near future.
GLD 93.82 +1.57
SLV 14.33 +0.23
PTM 14.09 +0.06

AGQ 47.62 +1.53

XLF 11.74 +0.02

20090521 1533

DOW 8,268.72 -153.32
NASDAQ 1,691.10 -36.74
SP500 884.98 -18.49
Something is not right somewhere - bonds or metals or financials? They need to hold up the financials for a few more weeks so the financial companies can push out new equity.

AGQ 47.52 +1.43. Started long at 47.5. Double silver.

XLF 11.64 -0.07

20090520 PM

DOW 8,422.04 -52.81
NASDAQ 1,727.84 -6.70
SP500 903.47 -4.66
Indices pushed higher with lighter volume and failed with sell-off into the close.
The central bank private banking cartel will monetize more debt thus devaluing existing dollars. Federal Reserve officials Wednesday opened the door to raising the amounts of mortgage-related and Treasury securities purchases beyond the $1.75 trillion they've already committed to buying.
Crude oil set calendar year high. Metals higher. Continued dollar weakness.
GLD 92.29 +1.33. Futures contracts open interest has been increasing.
SLV 14.07 +0.09
PTM 14.03 +0.06

GMO 1.79 +0.10. Started long at 1.8. May hold this for awhile to have exposure to metals.

BAC Did secondary stock offering last night to raise a portion of the funds they need to get solvent. The retail investor rip-off continues.
XLF 11.72 -0.32. Gave up higher prices and volume came in. Heading for 9.41 from April 21.

20090519 PM

DOW 8,474.85 -29.23
NASDAQ 1,734.54 +2.18
SP500 908.13 -1.58
Indices opened lower, went higher with news of more banker bailouts, then sold off into the close.
GLD 90.96 +0.60
SLV 13.98 +0.40
PTM 13.9699 +0.24

FAZ 5.07 +0.25. Day range 4.62 - 5.12.

XLE 49.90 +0.24
XLF 12.04 -0.25

AGQ 45.48 +2.34
SIGM 15.85 +1.21
SSO 25.58 -0.10

20090519 1544

DOW 8,500.97 -3.11
NASDAQ 1,739.76 +7.40
SP500 911.51 +1.80

FAZ 4.97 +0.15. With XLF apparently not able to climb further, and with XLF having had lighter volume for the past few up days, went long FAZ (3x short) at 4.95.

XLF 12.15 -0.14. Watch if they can make this close positive.

SRS 20.95 +0.45

AGQ 45.66 +2.52. Double long silver.
Tue May 19 15:35:00 EDT 2009 | Briefing.com
The equity markets continue to trade in a choppy fashion on light volume.
Silver futures were the primary leader among commodities as natural gas futures were the primary laggard this session. ...

20090519 1509

DOW 8,532.11 +28.03
NASDAQ 1,748.26 +15.90
SP500 916.03 +6.32

AGQ 45.58 +2.44. Sold for .67 per share intraday gain.

XLF 12.29 +0.00

PEIX 0.42 +0.10. Former high-flyer ethanal producer with four plants. Did OK when high oil prices and government subsidies were in effect.
http://www.djnewsplus.com/article_ss/0,,SB124268048305370146,00.html?param=ef&mod=article-outset-box
Pacific Ethanol Holding Seeks To Tap $20M Bankruptcy Loan
By PEG BRICKLEY
Pacific Ethanol Holding Co. LLC's banks are maneuvering to push up to $30 million worth of existing loans to prime position in the ethanol producer's bankruptcy case as part of the cost of landing $20 million in new loans, court documents say.

20090519 1445

DOW 8,528.05 +23.97
NASDAQ 1,747.57 +15.21
SP500 915.45 +5.74
Federal Reserve expands banker bailout program. The government-sponsored payoffs to their banking buddies in my opinion goes beyond the charter of the private central bank cartel. This news is pushing (pulling?) the market (casino) higher. When people can't trade reliably because they don't have insider banker bailout information, will the people leave the markets? Interesting the indices aren't up more from scared shorts throwing in the towel. There doesn't seem to be much buying volume.

AGQ 45.88 +2.74
SSO 26.03 +0.35. Sold at 25.94 for a .10 per share gain (before the additional banker bailout news).

SIGM 15.96 +1.32

20090519 1247

DOW 8,520.33 +16.25
NASDAQ 1,737.08 +4.72
SP500 912.49 +2.78
Metals higher. Indices tried and failed to push above morning highs.
SLV 13.91 +0.33

AGQ 44.98 +1.84. Double Long Silver. Started small position at 44.9 as a play on dollar weakness.

20090519 1226

DOW 8,527.33 +23.25
NASDAQ 1,737.32 +4.96
SP500 913.52 +3.81
Dollar weaker with equities and metals slightly higher.
While the indices continue higher with light volume, I notice an interesting correlation of how the calls for tax reform (Tea Party demonstrations) and no more banker bailouts are lessened. I have to wonder if the markets moving up are a means of quieting the masses.
GLD 90.98 +0.62
SLV 13.84 +0.26
PTM +13.87 +0.14

SSO 25.90 +0.22.

SIGM 15.28 +0.64

20090519 1028

DOW 8,517.86 +13.78
NASDAQ 1,733.69 +1.33
SP500 912.70 +2.99
Indices opened lower, moved lower, and are shooting higher. The monkeys are rioting and pushing prices higher. Will volume come in to back up the price move?
Metals are marginally higher.

SSO 25.85 +0.17. Stepped on to northbound train long at 25.85 for a scalp.

SIGM 14.99 +0.35

20090519 1004

DOW 8,479.86 -24.22
NASDAQ 1,723.36 -9.00
SP500 907.31 -2.40

SIGM 14.83 +0.19. Sold at 14.79 for .52 per share gain.

20090518 PM

DOW 8,504.08 +235.44
NASDAQ 1,732.36 +52.22
SP500 909.71 +26.83
Indices gapped up and pushed higher into the close. May have a couple days of moderately higher prices.
FASB changed accounting rules so that financial off-balance sheet toxic junk must be accounted for and this is retroactive to last Fall. This could hurt financial's "profits".
Bonds, dollar, and gold were all down.
GLD 90.25 -1.30
SLV 13.59 -0.18
PTM 13.7201 +0.3401

SIGM 14.58 +0.90

DUG 18.70 -1.32
QID 36.99 -1.96

XLE 49.63 +1.63. Crude oil up $2 and the major integrated companies lagged.
XLF 12.282 +0.752. Price spread higher with lighter volume.

DZZ 22.49 +0.70. PowerShares DB Gold Double Short ETN.
URE 3.77 +0.51 (15.64%). Good volume.

20090518 1357

DOW 8,501.45 +232.81
NASDAQ 1,729.96 +49.82
SP500 909.11 +26.23
GLD 90.57 -0.98
SLV 13.62 -0.15
PTM 13.675 +0.295

SIGM 14.555 +0.875. Great price spread with good volume.
BGU 33.08 +2.64. Tight trailing stop sold at 32.23 for .25 per share gain.

DUG 18.67 -1.35

20090518 1233

DOW 8,429.69 +161.05
NASDAQ 1,709.92 +29.78
SP500 900.10 +17.22
GLD 90.65 -0.89
SLV 13.59 -0.17
PTM 13.69 +0.31

SIGM 14.31+0.63. Long at 14.27. Price spread and one-month-high. Will need volume to test 15.88 from early March.

DUG 18.91 -1.11
QID 38.09 -0.86

20090518 1048

DOW 8,419.41 +150.77
NASDAQ 1,704.26 +24.12
SP500 898.01 +15.13
Indices pushing higher and may continue to do so. Taking stops on some short positions. Covering shorts can cause a quick spurt higher today. Volume not heavy.

BGU 31.98 +1.54. Went long at 31.99. Speculative triple long position for to scalp the spurt up of the indices.
DUG 18.80 -1.22. Closed for .21 per share loss intraday.
QID 38.13 -0.82. Closed for .93 per share loss.

20090518 1007

DOW 8,372.66 +104.02
NASDAQ 1,691.19 +11.05
SP500 892.04 +9.16
Indices gapped up on open. This is an opportunity to put on additional shorts.
India up 17% on political election results and expectations of economic changes.

DUG 19.08 -0.94. Went long the ultrashort oil & gas at 19.04 for swing trade. Will consider selling intraday if 4% gain can be taken.

F 5.37 -0.11

20090515 Weekend

DOW 8,268.64 -62.68
NASDAQ 1,680.14 -9.07
SP500 882.88 -10.19

GLD 91.55 +0.52
SLV 13.77 -0.08
PTM 13.38 -0.1524

20090515 1448

DOW 8,242.20 -89.12
NASDAQ 1,679.74 -9.47
SP500 880.43 -12.64
Indices bumping daily lows. Trend is down. Options expiry weekend. Will stay short over the weekend.
GLD 91.37 +0.34
SLV 13.7791 -0.0709
PTM 13.45 +0.0824

F 5.375 +0.215. In an effort to reduce long exposure, will allow the covered calls to have the stock taken at 5 this weekend.

XLF 11.48 -0.29
SRS 25.1195 +2.1895. Broke the downtrend.

20090514 PM

DOW 8,331.32 +46.43
NASDAQ 1,689.21 +25.02
SP500 893.07 +9.15
Indices up on lighter volume setting up more downside.
GLD 91.01 -0.08
SLV 13.84 +0.03
PTM 13.50 +0.13

XLE 49.07 +0.16
XLF 11.788 +0.398
COIN 2.15 -0.03

20090514 1025

DOW 8,318.74 +33.85
NASDAQ 1,678.99 +14.80
SP500 888.02 +4.10

QID 39.09 -0.73. Started small long position at 39.05.

20090514 0954

DOW 8,276.84 -8.05
NASDAQ 1,669.16 +4.97
SP500 882.93 -0.99

COIN 2.07 -0.11. Closed the long position from yesterday at 2.08 for .2 per share loss. This trade should not have been put on. It was overtrading in a stock that had taken a small loss a few days ago.

20090513 PM

DOW 8,284.89 -184.22
NASDAQ 1,664.19 -51.73
SP500 883.92 -24.43
GLD 91.09 +0.39
SLV 13.81 -0.21
PTM 13.42 -0.43

COIN 2.18 +0.04
FAZ 6.17 +0.75
FXP 17.24 +0.76. UltraShort FTSE/Xinhua China25 Proshares. Went long at 17.39 after hours.
SMH 19.05 -0.32

XLF 11.39 -0.61

Potential shorts:
AAPL 119.49 -4.93. Going for 103.
AMZN 74.19 -3.74. Can hit 59.
ATI 32.84 -4.40.
GE 12.91 -0.77
MGM 8.70 -3.70. Going for the gap at 6.

20090513 1449

DOW 8,293.73 -175.38
NASDAQ 1,669.95 -45.97
SP500 885.86 -22.49
Volume is not heavy, so look for stabilization of price through end of day.

COIN 2.27 +0.13. Has shown relative strength with volume. Bought at 2.28 for swing trade though will close quicker if it pops up again.
SMH 19.01 -0.35

20090513 1400

DOW 8,298.90 -170.21
NASDAQ 1,675.73 -40.19
SP500 886.81 -21.54
Price destruction without big volume.

TWM 51.04 +3.81. Tightened trailing stop closed this long at 51.13 for 5.92 per share gain.
SMH 19.084 -0.286.

20090513 1054

DOW 8,331.16 -137.95
NASDAQ 1,681.97 -33.95
SP500 892.61 -15.74
Looking for more weakness as last two month's gains are taken.
Eastern Europeans who took home loans over the past ten years that were denominated in Swiss Franc are taking huge losses not only on real estate, but also on the currency moves. Denominating debt in non-local currency will lead to sure ruin - a question not of IF but of WHEN. Some politicians in Japan are saying they may not want to buy US debt in the future unless it is issued in Yen. If America finances debt in other currencies, so-called samurai bonds, the economic breaking of America will happen much faster.
GLD 91.13 +0.43
SLV 13.948 -0.072
PTM 13.5955 -0.2545

SMH 19.00 -0.37. Short at 18.93. Semiconductor Holders Trust is not leveraged. Can get to 16 in a few days.
TWM 49.82 +2.59. Set a trailing stop on this long position.
XLF 11.68 -0.32

XLE 49.94 -0.642

20090512 PM

DOW 8,469.11 +50.34. Slowly pushing lower.
NASDAQ 1,715.92 -15.32. Slowly pushing lower. Continues to be weak and appears to be leading other indices down.
SP500 908.35 -0.89. Downside volume slowly increasing.
GLD 90.69 +1.00
SLV 14.01 +0.27
PTM 13.81 +0.39

BGZ 38.85 +0.49
TWM 47.17 +1.20. Want to see more volume.
XLF 11.96 -0.30

AFL 34.16 +0.49
GE 13.67 -0.52.

20090512 1559

DOW 8,467.44 +48.67
NASDAQ 1,716.12 -15.12
SP500 908.07 -1.17

TWM 47.17 +1.20. Sold intraday long at 47.35 for .35 per share gain. Continue to hold swing trade position.

20090512 1543

DOW 8,480.82 +62.05
NASDAQ 1,718.82 -12.42
SP500 909.50 +0.26
GLD 90.76 +1.07
SLV 14.04 +0.30
PTM 13.7001 +0.2801

TWM 47.11 +1.14. Bought at 47 for end of day scalp.

20090512 1527

DOW 8,508.94 +90.17
NASDAQ 1,727.27 -3.97
SP500 913.72 +4.48
Dip-buyers returned to do their buying.

BGZ 38.18 -0.18. Stop sold out this long at 39.6 for .38 per share gain.

20090512 1011

DOW 8,409.62 -9.15
NASDAQ 1,719.58 -11.66
SP500 905.15 -4.09
Indices opened higher, faded, attempted to stabilize, and are seeing fresh selling.

BGZ 39.38 +1.02. 39.34 +0.98. Large caps unable to keep a lid on the selling, so went long (triple short large caps) at 39.22.
TWM 47.17 +1.20

20090512 0955

DOW 8,431.52 +12.75
NASDAQ 1,723.27 -7.97
SP500 908.17 -1.07

TWM Sold at 46.4 for .39 per share intraday gain.

20090512 0946

DJIA 8,424.11 +5.34
NASDAQ 1,728.69 -2.55
SP500 908.80 -0.44
Options expiry this week. Expecting lower prices this week, with a couple days of lackluster flat trading.
Indices opened up and are fading.
GLD 89.96 +0.27
SLV 13.95 +0.21
PTM 13.61 +0.19

TWM 46.46 +0.49. Bought at 46.02 for intraday scalp.
F 5.66 -0.42

CROX 2.70 -0.02. Showed relative strength yesterday.
COIN 1.76 +0.11. Showed relative strength yesterday.
TRE 3.02 +0.04
XLE 50.10 -0.16
XLF 12.03 -0.23

20090511 PM

Dow 8,418.77 -155.88 (1.82%)
Nasdaq 1,731.24 -7.76 (0.45%)
SP500 909.24 -19.99 (2.15%)
30-yr Bond 4.18% -0.094

GLD 89.69 -0.29
SLV 13.74 -0.05
PTM 13.42 -0.46

F 6.08 -0.16. Will sell new shares, though they already have good financing. It seems they are bulking up on credit/cash while smartly staying away from government bait.
TZA 26.03 +0.98
XLF 12.26 -0.76

TRE 2.98 +0.00. Finished selling position at 3.04.
TWTC 10.00 -0.19. Well-financed, focused, small telecom.

20090509 Weekend

DOW 8,574.65 +164.80
NASDAQ 1,739.00 +22.76. In early March when market was bottoming this led the way up. Now it is showing weakness.
SP500 929.23 +21.84
Financials strong with volume, energy strong, gold didn't move while the dollar was coming down hard. With the big dollar move and gold not moving, it seems somewhere in the world something is breaking in the financial ecosystem.
GLD 89.98 +0.54
SLV 13.79 +0.19
PTM 13.88 -0.06

TWM 44.83 -3.17. UltraShort Russell2000 ProShares. These small caps worked higher today. Scalped intraday for profit, and holding a swing long.

EEE 1.11 -0.06
BRCM 21.55 -1.15. Can short to 20 then 16.
CROX 2.52 -0.96
NVDA 9.25 -1.48 (13.79%). Coming down hard.
TLT 94.94 +0.23
TRE 2.98 +0.03
TZA 25.05 -2.78 (9.99%). Direxion Small Cap Bear 3X Shares.
XLE 51.84 +2.12. Volume is light with prices increasing.
XLF 13.02 +0.90. .2 higher on Monday then will it roll over?

20090508 1400

DOW 8,523.91 +114.06
NASDAQ 1,726.95 +10.71
SP500 922.58 +15.19

TWM 45.46 -2.54. Trailing stop closed day trade at 46.5 for .56 per share gain.

20090508 1017

DOW 8,476.68 +66.83
NASDAQ 1,718.76 +2.52
SP500 915.02 +7.63
Indices opened higher, went higher, and are fading. Who is buying now instead of a month (and two) ago? Failing higher prices in the morning indicate the late retail investors are buying (buying after most of the rally has happened).

TWM 47.07 -0.93. Started another position at 45.94.

XLF 12.39 +0.27

20090507 PM

DOW 8,409.85 -102.43
NASDAQ 1,716.24 -42.86. Weakest index with volume coming off these highs.
SP500 907.39 -12.14. Look for 860 within a few days. Watch what it does at 815-800.
Indices gapped higher in the morning then faded all day. While the point loss was not dramatic, there was volume off the top which signals a larger correction. Most indices had reversals.
Watch volume the rest of this week to get a feel for the severity of this pullback.
Using mark-to-market real numbers, big banks are technically insolvent. The "stress test" was a bad joke on everyone.
Longer bonds are imploding. The Federal Reserve can't keep a lid on the rates.
GLD 89.44 -0.10
SLV 13.60 +0.08
PTM 13.94 +0.19

FAZ 5.672 +0.432 (8.24%). 52 week range 4.61 - 201.86. Intraday 52 week low made at the open on gap down. Yesterday was highest volume day, and today had even more volume.
TRE 2.95 -0.04. Sell order at 3.04 sold most of my shares.
TWM 48.00 +2.15
TZA 27.83 +1.71 (6.56%). Direxion Small Cap Bear 3X Shares.
XLF 12.12 -0.36

APL 4.72 +0.28. 11.8% dividend.
COIN 1.57 -0.14
CROX 3.47 -0.22
EEE 1.17 +0
ENER 15.89 -3.99 (20.07%). Light volume on up days, big volume on down days. Potential short if it can open up tomorrow or the next few days. This is going a lot lower.
FIG 5.69 -0.78 (12.06%)
SRS 23.16 +2.34
TLT 94.71 -2.37. iShares Barclays 20+ Year Treas Bond. Smoked! March 18 announcement by Federal Reserve of buying debt (quantitative easing) spiked the bonds in biggest move ever. It has given it all back and more. Interest rates are going higher and maybe much higher. Higher mortgage rates will put further hurt into the housing market.
URE 3.63 -0.52 (12.53%). Big volume. Had sold this long holding last week at 3.85.
XHB 12.88 -0.81 (5.92%). Homebuilders index down with volume.
XLE 49.72 -0.65

20090507 1308

DOW 8,423.95 -88.33
NASDAQ 1,723.86 -35.24. Weakest index.
SP500 910.80 -8.73
GLD 89.83 +0.29
SLV 13.64 +0.12
PTM 13.95 +0.20

TWM 47.24 +1.39

FIG 6.19 +0.27. Short candidate now.
XHB 13.17 -0.52. SPDR S&P Homebuilders. One of the few ETFs to go lower yesterday.
XLF 12.205 -0.275. Day range 12.19 - 13.07. Went over 12.8 in the morning, and is fading. Will watch what happens at 11.5.

20090507 0957

DOW 8,532.99+20.71
NASDAQ 1,749.29 -9.81
SP500 924.02 +4.49
Indices gapped higher and are fading.

TWM 45.35 -0.50. Went long (this short vehicle) at 45.21.

20090506 PM

Dow 8,512.28 +101.63
Nasdaq 1,759.10 +4.98
SP500 919.53 +15.73
10YrBond 3.1520% -0.0050
Financial stress test was leaked to Bloomberg throughout the day.
Swapped funds from "Stock Index Portfolio" to "Money Market Portfolio" in a tax-deferred education account. Approximately 5% gain since last Fall.
GLD 89.54 +1.29
SLV 13.52 +0.38
PTM 13.75 +0.10

ANO 1.15 +0.18 (18.59%). Great volume and price spread.
COIN 1.72 -0.06
EEE 1.17 +0.01
XLF Higher price, the volume is not confirming that higher prices will continue. Watch what it does at 12.82 tomorrow.

DRYS 10.70 +0.97 (9.97%)
NXG 1.73 +0.06. Can take this to 1.94.
XLE 50.37 +1.88

20090506 1541

DOW 8,446.49 +35.84
NASDAQ 1,741.84 -12.28
SP500 909.91 +6.11

EEE 1.15 -0.01. Sold at 1.16 for .44 per share gain.

XLF 12.17 +0.61

20090506 1027

DOW 8,424.43 +13.78
NASDAQ 1,737.14 -16.98
SP500 906.69 +2.89
Indices may muddle around and close around unchanged before Thursday stress test results.
GLD 89.25 +1.00
SLV 13.54 +0.40
PTM 13.75 +0.10

BGZ 39.50 -0.01. Started small position at 39.4.
COIN 1.65 -0.14. Day range 1.61 - 1.94. Opened higher and faded. Taken out for .01 per share loss.

20090505 PM

DOW 8,410.65 -16.09
NASDAQ 1,754.12 -9.44
SP500 903.80 -3.44
Earnings are putting some big percentage gains into some stocks. The big-name stocks aren't going up - more of consolidation. Small, low-priced stocks are still getting big moves. When the big names aren't moving and the small names are getting fast money, the market looks to soon go lower. Looking for indices to pull back.
GLD 88.25 -0.39. Gapped higher then faded.
SLV 13.14 +0.31
PTM 13.65 +0.05

CVGI 1.07 +0.01
COIN 1.79 +0.14
EEE 1.16 +0.05. Regained compliance to remain listed on exchange.
FAZ 6.54 +0.24. With the way XLF failed on price today, am considering holding FAZ through bank stress test results. Some reports speculate $10 billion will be needed by Citigroup, while SNL's analysis has dramatically higher numbers. Based on SNL's tests, Citi would need to come up with $54.8 billion to maintain a 3% tangible common equity ratio. BofA would need $71.8 billion to keep its TCE ratio at the same level. Wells Fargo had the third largest shortfall on a TCE basis, needing an additional $66.3 billion. If there was a binary option, I would take the side of much more capital being needed and that makes me want to consider holding this through the stress test puffery.

ATRC 3.16 +1.76 (125.71%)
CROX 3.75 +0.50 (15.36%). Big volume. Day range 3.35 - 3.90.
MGM 12.80 +3.36 (35.59%)
Q 4.86 +0.62 (14.62%). Huge volume. 7.9% dividend.
URE 3.87 -0.29
XLF 11.56 -0.17. Price failed today. Looks to get back to 10.

20090505 1534

DOW 8,412.96 -13.78
NASDAQ 1,751.46 -12.10
SP500 903.94 -3.30

XLF 11.65 -0.08. Higher price looks to fail today. Appears to be setting up for lower prices.
COIN 1.88 +0.23. Sharp move higher. Two month high.

20090505 1044

DOW 8,396.71 -30.03
NASDAQ 1,743.26 -20.30
SP500 900.08 -7.16

FAZ 6.63 +0.33. Started large position at 6.65. Triple short the XLF.

XLF 11.4912 -0.2388. Day range 11.44 - 11.77. Marginally higher in the first ten minutes of trading, then lower. Can quickly go to 11 then look for 9.

20090505 0932

DOW 8,423.87 -2.87
NASDAQ 1,754.61 -8.95
SP500 904.79 -2.45

CVGI 1.06 +0. Started long position at 1.02.

20090504 PM

DOW 8,426.74 +214.33
NASDAQ 1,763.56 +44.36
SP500 907.24 +29.72
Indices went higher and closed at highs with lighter volume.
GLD 88.64 +1.69
SLV 12.83 +0.52
PTM 13.60 +0.33

COIN 1.65 +0.13
TRE 2.98 +0.08

CROX 3.25 +0.96. Price spread with volume. Earnings Thursday.
CVGI 1.06 +0.02
DRYS 9.48 +1.20. Good volume.
EWT 11.15 +0.84
FXI 35.16 +2.89
FTK 2.75 +0.51. Will see 3 then maybe 4.
NGD 1.97 +0.07. Good volume.
SYNM 2.00 +0.10
Q 4.24 +0.18. Volume is coming in. Nine month high. 7.8% yield.
URE 4.16 +0.60
XLE 11.73 +1.08. Price is moving up with volume lighter. Can go a little higher then be ready for a sharp pullback.
XLF 11.73 +1.08. Can go a point higher. Bank stress test results scheduled for May 7.

20090501 Weekend

DJIA 8,212.41 +44.29
NASDAQ 1,719.20 +1.90. Can easily drop 100 or more points.
SP500 877.52 +4.71. Watch the volume as it goes down toward 800.
Spike up in last minutes jammed the indices to positive.
Over next week look for sideways to down. The risk is being long due to a possibility of a market selloff. There may be a few percent more upside, but it is not worth the risk.
Treasury bonds rates are creeping up while Fed is buying. Fed can't keep a lid on higher rates without significantly devaluing the dollar.
GLD 86.95 -0.32
SLV 12.31 +0.10
PTM 13.27 -0.02

COIN 1.52 +0.21. Day range 1.18 - 1.66.

BWP 20.65 +0.15. 9.4% dividend.
RGR 11.63 -0.68. Failed on April 30, so may go lower.
TGB 1.55 +0.13.

FAZ 8.61 +0.30.

Possible shorts:
ERJ 16.75 0.53.
HD 25.77 -0.55. Failing at these prices. Has had huge run from 17.49 and can easily retrace.
MA 172.90 -10.55. Can test 150.
MENT 6.76 +0.04. Positive Barron's article.
XLF 10.65 -0.08. Going to test 10.

Possible longs:
ANR 23.37 +2.89. High of 119.3 July 2008. Look to make a long term buy.
ATK 82.17 +2.52. Ammo/arms.
EWT 10.31 +0.09. IShares Trust MSCI Taiwan Index.
FLIR 25.31 +3.13. December high volume 32.16 high can be retested.

20090501 1050

DJIA 8,132.04 -36.08
NASDAQ 1,709.69 -7.61
SP500 869.68 -3.13

BGZ 44.97 +0.37. Sold tiny position at 44.9 for gain of .64 per share.