Sunday, August 29, 2010

20100829 Weekend

Dow 10,150.65 164.84 (1.65%)
Nasdaq 2,153.63 34.94 (1.65%)
S&P 500 1,064.59 17.37 (1.66%)
10-Yr Bond 2.65% 0.1530

After early morning selloff, stock indices ran higher. Bernanke said the Fed can do more quantitative easing.
Japanese Yen has been marching higher, while Japanese stock market makes new 52 week lows. Reportedly central bank of Japan will meet during the weekend.
Gold and silver higher. Silver up 16% to close into 19s. Smaller miners nearing 52 week highs.

GLD 121.01 +0.05
SLV 18.70 +0.11
PTM 18.12 +0.02

XLE 52.10 +1.32
XLF 13.73 +0.29

VXX 21.50 -1.40 (6.11%)

EXK 3.50 +0.17 (5.11%)
NGD 6.48 +0.43 (7.11%)
SQIFF 0.7950 +0.0550 (7.43%)

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