Sunday, January 10, 2010

20100108 Weekend, Miners

Dow 10,618.19 +11.33
Nasdaq 2,317.17 +17.12
SP500 1,144.98 +3.29
10-YrBond 3.82% +0.14

Poor jobs numbers were released (bad news when jobs are lost in December before Christmas shopping) in the morning and subsequently the dollar sold off sharply. In a bullish move, precious metals and commodities moved higher after overnight weakness. For the week gold was up 4% and silver was up 10%.

GLD 111.35 +0.53
SLV 18.14 +0.25
PTM 19.18 +0.15

XLE 60.24 +0.33
XLF 15.26 -0.05

VXX 29.58 -0.74

EVOGF.PK 1.08 +0.03. Building cause for next move.
EXK 4.28 +0.01. Intraday 52 week high.
GBG 1.95 +0.01. Intraday 52 week high. If you own it, hold it.
NGD 4.72 +0.34 (7.76%). Good volume. Intraday 52 week high. On Thursday went up .48 (12.31%) on good volume. If you own it, hold it.

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