Wednesday, October 27, 2010

20101026 PM

DOW 11169.46 +5.41
Nasdaq 2,497.29 +6.44
SP500 1185.64 +0.02
10Yr.T-Note 2.636% +0.82

Traders are marking time until next week when the Fed will announce how much manipulation they will implement. Elections are the day before the Fed announces.

Manufacturer input costs are rising:
Consumer products maker Kimberly-Clark Corp. said Tuesday that its third-quarter net income fell 19 percent as making its top-selling tissues and diapers got more expensive...

In 2008, the government intervened with $12.8 trillion to prop up failing banks. FOIA requests to determine where the funds went have stymied by Treasury.

The United States Treasury concealed $40 billion in likely taxpayer losses on the bailout of the American International Group...

Bart Chilton, a commissioner at the U.S. futures regulator, said there have been repeated attempts to manipulate the silver market.

GLD 130.88 +0.03
SLV 23.28 +0.18
PTM 20.15 +0.16

XLE 59.58 +0.12
XLF 14.57 +0.02

VXX 12.92 +0.27

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