Wednesday, October 14, 2009

20091014 PM

Dow 10,015.86 +144.80
Nasdaq 2,172.23 +32.34
SP500 1,092.02 +18.83. Apparently heading for 1130s.
10-YrBond 3.42% +0.1110

DOW closed over round number 10,000 with light volume.
Financial earnings (courtesy of bailouts and mark-to-myth) are beating expectations.
While the Fed, the Treasury, and the Executive speak of their desire for a strong dollar, the dollar continued lower.
Bonds lower.
Commodities and most metals higher.

GLD 104.18 -0.08
SLV 17.55 +0.07
PTM 16.36 +0.05

XLE 58.01 +1.00
XLF 15.70 +0.49. Going higher.

AGQ 65.48 +0.62. With indices and metals continuing to move up, went long this double long silver. Silver is always volatile (vs. gold), and double long silver will be more so.
ANO 0.91 +0.04
RBY 4.76 +0.04. 52 week high. Like other equities with prices going higher, the volume is a little light. All time high, so there are blue skies above.

EXK 3.19 +0.02. Intraday 52 week high and closed a penny lower.
FXP 8.24 -0.61
QID 21.92 -0.63. Sold for loss today.

NGD 4.45 -0.01
SLW 14.57 +0.33
TRE 3.07 -0.02

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