Tuesday, May 25, 2010

20100524 PM

Dow 10,066.57 -126.82
Nasdaq 2,213.55 -15.49
SP500 1,073.65 -14.04
30-yrBond 4.10% +0.39

Indices and metals and oil moved higher then sharply sold off into the close.
A several day bounce was expected. If the higher prices this morning were all that could be mustered, markets are facing big downside.

GLD 116.84 +1.62
SLV 17.56 +0.27
PTM 18.20 +0.46

XLE 51.86 -1.21
XLF 14.33 -0.42

VXX 33.12 -0.19

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