Thursday, January 21, 2010

20100121 PM

Dow 10,389.88 -213.27
Nasdaq 2,265.70 -25.55
SP500 1,116.48 -21.56. Looking for 950 after a bounce.
30-yrBond 4.51% -0.37

Indices and metals closed near daily lows. Big index volume portends lower prices.

GLD 107.37 -1.57
SLV 17.08 -0.49
PTM 19.06 -0.39

XLE 57.67 -1.20
XLF 14.66 -0.43
VXX 29.37 +1.56

EXK 3.70 -0.26. Bought at 3.75 today.
NGD 4.02 -0.19. Sold off hard in the last few minutes to close at low of day. Bought today at 4.13 looking for small rebound in markets.


ANO 1.24 -0.13.
GBG 1.80 -0.08. Down on lighter volume. Look to buy.
GOLD 75.13 -4.22. Closed at lows of day.
GS 160.87 -6.92.
X 57.67 -5.59. Volume off the top.
XOM 66.70 -1.33. Close below 66.09 and it can go much lower.

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