Sunday, May 10, 2009

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?

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