Friday, April 16, 2010

20100416 Weekend

Dow 11,018.66 -125.91
Nasdaq 2,481.26 -34.43
SP500 1,192.13 -19.54
10-YrBond 3.77% -0.78

A pullback was due. Goldman Sachs person in French indicted by SEC on civil charge for subprime debt deal was the news catalyst.
Look for lower commodity prices next week, including metals.

GLD 111.24 -2.41
SLV 17.41 -0.66
PTM 20.20 -0.40

XLE 59.30 -1.02
XLF 16.36 -0.62
VXX 19.97 +0.91

NGD 5.15 +0.01. Covered calls were exercised to take the stock over the weekend.

No comments: