Monday, December 28, 2009

20091228 PM

Dow 10,547.08 +26.98
Nasdaq 2,291.08 +5.39
SP500 1,127.78 +1.30
30-yrBond 4.687% +0.084. Interest rates are going up, which will make mortgages less affordable.

Am not putting any new money into any markets.
Market indices look to go a little higher on light volume.
Talk is that above-ground oil storage is nearly full, so looking for oil price to weaken.

GLD 108.55 0.19
SLV 17.218 0.048
PTM 18.3725 0.3425

XLE 57.91 0.10
XLF 14.48 0.05

VXX 32.61 0.01

RBY 4.93 +0.13. Intraday 52 week high and all time high. Strong miner.

CNSL 17.16 +0.38. Near 52 week high on decent volume (decent considering low-volume week in markets).
FTK 1.50 +0.20. Off the bottom yesterday and today with volume and price. Price working into November gap.

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