Sunday, May 16, 2010

20100514 Weekend

Dow 10,620.16 -162.79
Nasdaq 2,346.85 -47.51
SP500 1,135.68 -21.75
10-YrBond 3.44% -1.22

Dollar higher. Metals slightly lower. Oil slightly higher.
The recent gold short was not appropriate considering that gold has recently made all-time highs.

EVOGF.PK 1.09 +0.0865 8.65%. EVOLVING GOLD CORP. In last hour, ramped to close at day high. Today showed relative strength vs. other miners. Needs more volume. Resistance at 1.25.
EVG.V 1.11 +0.09 8.82%. EVOLVING GOLD CORP.
UUP 25.19 +0.23

KONE 3.94 -0.06. Kingtone Wirelessinfo Solution Holding Ltd. Chinese IPO priced at 4.
LINE 25.12 -0.26. Linn Energy, LLC. 52 week range 12.60 - 28.99. 9.9% dividend. Watch list buy on pullback.
TIVO 10.16 -7.23 41.58%. Huge volume. Back to breakout in early March. Setback in patent lawsuit with Dish.

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