Dow 11,891.93 +68.23
Nasdaq 2,700.08 +13.19
SP500 1,286.12 +9.78
30-yrBond 4.57% +0.05
GLD 129.87 -0.41
SLV 27.39 +0.09
PTM 21.07 +0.01
XLE 73.15 +2.04
XLF 16.40 +0.15
VXX 32.03 -0.07
DBA 34.29 +0.37. Intraday 52 week high with good volume.
MDW 1.26 -0.06
NENE 1.40 -0.28 (16.67%)
Miners with Rand currency exposure:
GBG 2.66 +0.03. Can scale in here.
GFI 15.87 +0.02
HMY 10.91 +0.02
JJC 59.20 +1.26. iPath DJ-UBS Copper TR Sub-Idx ETN. A week off the 52 week highs.
UHN 32.02 +0.48. United States Heating Oil. 52 week high.
VGZ 2.52 -0.04. Possible long at 2.27.
TIVO 9.67 +0.31 (3.31%). Possible short.
Monday, January 31, 2011
Sunday, January 30, 2011
20110128 Weekend
Dow 11,823.70 -166.13
Nasdaq 2,686.89 -68.39
SP500 1,276.34 -23.20
30-yrBond 4.53% -0.03
Indices ramped down for a few hours to the lows, then flatlined at the lows. Precious metals sharply higher. For week, gold was lower and silver was higher.
GLD 130.28 +2.35
SLV 27.30 +1.01 (3.84%)
PTM 21.06 +0.13
XLE 71.11 -0.31
XLF 16.25 -0.29
VXX 32.10 +2.49 (8.41%)
ANO 1.46 +0.01
AUMN 19.83 -0.12
DBA 33.92 -0.01. Intraday 52 week high.
GBG 2.69 +0.01
MDW 1.32 +0.12 (10.00%). Intraday 52 week high on huge volume. 2.5 year high.
SIL 22.25 +0.51
SLW 31.49 +1.44 (4.79%)
TRE 6.49 +0.15
JJC 57.94 +0.50
JO 66.22 +2.47 (3.87%)
NENE 1.68 -0.11 (6.15%)
SKF 15.11 +0.51 (3.49%)
F 16.27 -2.52 (13.41%). Earning miss.
Nasdaq 2,686.89 -68.39
SP500 1,276.34 -23.20
30-yrBond 4.53% -0.03
Indices ramped down for a few hours to the lows, then flatlined at the lows. Precious metals sharply higher. For week, gold was lower and silver was higher.
GLD 130.28 +2.35
SLV 27.30 +1.01 (3.84%)
PTM 21.06 +0.13
XLE 71.11 -0.31
XLF 16.25 -0.29
VXX 32.10 +2.49 (8.41%)
ANO 1.46 +0.01
AUMN 19.83 -0.12
DBA 33.92 -0.01. Intraday 52 week high.
GBG 2.69 +0.01
MDW 1.32 +0.12 (10.00%). Intraday 52 week high on huge volume. 2.5 year high.
SIL 22.25 +0.51
SLW 31.49 +1.44 (4.79%)
TRE 6.49 +0.15
JJC 57.94 +0.50
JO 66.22 +2.47 (3.87%)
NENE 1.68 -0.11 (6.15%)
SKF 15.11 +0.51 (3.49%)
F 16.27 -2.52 (13.41%). Earning miss.
Thursday, January 27, 2011
20110127 PM
Dow 11,989.83 +4.39
Nasdaq 2,755.28 +15.78
SP500 1,299.54 +2.91
30-yrBond 4.56% -0.04
Gold led the way with a plunge that sharply pulled down other metals.
GLD 127.93 -3.24
SLV 26.29 -0.60
PTM 20.93 -0.32
XLE 71.42 -0.42
XLF 16.54 +0.14
VXX 29.61 -0.63
DBA 33.93 -0.05. PowerShares DB Agriculture Fund.
MDW 1.20 +0.11. Midway Gold Corporation Ordinar. 52 week range 0.38 - 1.22. Good volume.
SLW 30.05 -0.99. Silver Wheaton Corp. Had filled a downside gap this week. May quickly test 33.
Nasdaq 2,755.28 +15.78
SP500 1,299.54 +2.91
30-yrBond 4.56% -0.04
Gold led the way with a plunge that sharply pulled down other metals.
GLD 127.93 -3.24
SLV 26.29 -0.60
PTM 20.93 -0.32
XLE 71.42 -0.42
XLF 16.54 +0.14
VXX 29.61 -0.63
DBA 33.93 -0.05. PowerShares DB Agriculture Fund.
MDW 1.20 +0.11. Midway Gold Corporation Ordinar. 52 week range 0.38 - 1.22. Good volume.
SLW 30.05 -0.99. Silver Wheaton Corp. Had filled a downside gap this week. May quickly test 33.
20110127 1220
DJIA 11,994.94 +9.50
NASDAQ 2,750.84 +11.34
SP500 1,297.72 +1.09
Considered a long scalp of silver after the sharp sell-off. Instead going into commodities via DBA for a longer hold.
DBA 33.94 -0.04. PowerShares DB Agriculture Fund. Went long at 33.93. Intraday 52 week high. Grains continue to run higher.
SKF 14.66 -0.18. Sold at 14.64 for .49 per share loss. This idea was not working. With the Fed continuing purchases and FASB continuing to allow banks to mark to maturity (instead of mark to market), short financials will have to wait.
NASDAQ 2,750.84 +11.34
SP500 1,297.72 +1.09
Considered a long scalp of silver after the sharp sell-off. Instead going into commodities via DBA for a longer hold.
DBA 33.94 -0.04. PowerShares DB Agriculture Fund. Went long at 33.93. Intraday 52 week high. Grains continue to run higher.
SKF 14.66 -0.18. Sold at 14.64 for .49 per share loss. This idea was not working. With the Fed continuing purchases and FASB continuing to allow banks to mark to maturity (instead of mark to market), short financials will have to wait.
20110127 1146
DJIA 11,982.64 -2.80
NASDAQ 2,745.06 +5.56
SP500 1,296.06 -0.57
Silver was higher, but gold could not get going and pulled back silver. Missed shorting silver for a scalp.
MDW 1.14 +0.05. Relative strength with good volume. 52 week high. Went long at 1.15.
XLF 16.47 +0.07
NASDAQ 2,745.06 +5.56
SP500 1,296.06 -0.57
Silver was higher, but gold could not get going and pulled back silver. Missed shorting silver for a scalp.
MDW 1.14 +0.05. Relative strength with good volume. 52 week high. Went long at 1.15.
XLF 16.47 +0.07
Wednesday, January 26, 2011
20110126 PM
Dow 11,985.44 +8.25
Nasdaq 2,739.50 +20.25
SP500 1,296.63 +5.45
30-yrBond 4.60% +0.13
Commodities bounced. Miners had a strong rebound. Silver tested 26s, then shot higher.
GLD 131.16 +1.06
SLV 26.89 +0.66
PTM 21.25 +0.25
XLE 71.84 +1.68
XLF 16.40 -0.01
VXX 30.24 -0.95
GBG 2.68 +0.23 (9.39%)
MDW 1.09 +0.14 (14.74%)
SLW 31.04 +1.80 (6.16%)
TRE 6.29 +0.28 (4.66%)
SIL 22.30 +1.30 (6.17%)
Nasdaq 2,739.50 +20.25
SP500 1,296.63 +5.45
30-yrBond 4.60% +0.13
Commodities bounced. Miners had a strong rebound. Silver tested 26s, then shot higher.
GLD 131.16 +1.06
SLV 26.89 +0.66
PTM 21.25 +0.25
XLE 71.84 +1.68
XLF 16.40 -0.01
VXX 30.24 -0.95
GBG 2.68 +0.23 (9.39%)
MDW 1.09 +0.14 (14.74%)
SLW 31.04 +1.80 (6.16%)
TRE 6.29 +0.28 (4.66%)
SIL 22.30 +1.30 (6.17%)
Sunday, January 23, 2011
20110121 Weekend
Dow 11,871.84 +49.04
Nasdaq 2,689.54 -14.75
SP500 1,283.35 +3.09
30-yrBond 4.57% -0.05
Metals and commodities sold off earlier in the week. Crude is also down at 89.10.
GLD 131.03 -0.17
SLV 26.83 -0.02
PTM 21.44 +0.08
XLE 70.10 +0.37
XLF 16.46 +0.13
VXX 32.23 +0.38
ANO 1.45 +0.00
AUMN 20.26 -0.37. Golden Minerals Company. Buy at 10.50. This may take until Spring 2011 to reach this price.
GBG 2.53 -0.01
MDW 0.95 +0.10
SIL 21.73 -0.56
Nasdaq 2,689.54 -14.75
SP500 1,283.35 +3.09
30-yrBond 4.57% -0.05
Metals and commodities sold off earlier in the week. Crude is also down at 89.10.
GLD 131.03 -0.17
SLV 26.83 -0.02
PTM 21.44 +0.08
XLE 70.10 +0.37
XLF 16.46 +0.13
VXX 32.23 +0.38
ANO 1.45 +0.00
AUMN 20.26 -0.37. Golden Minerals Company. Buy at 10.50. This may take until Spring 2011 to reach this price.
MDW 0.95 +0.10
SIL 21.73 -0.56
Wednesday, January 19, 2011
20110119 PM
Dow 11,825.29 -12.64
Nasdaq 2,725.36 -40.49
SP500 1,281.92 -13.10
30-yrBond 4.53% -0.04
For the broad markets, look for further selling with volume picking up. After-hours, some techs are trading lower (CRM, RVBD).
Metals couldn't hold the highs, and silver really sold off from the intraday high.
AAPL 338.84 -1.81
FFIV 138.78 -3.00. Gap at 110.
NTRS 52.49 -3.15
GBG 2.59 +0.02. Closed 1/2 this long position today.
NXG 2.73 -0.07. For possible buy, watch how it acts below 2.30.
SIL 23.30 -0.46. Closed near day low. Closed this long position today.
UXG 6.89 -0.40. Watch list buy if it holds in the 5s. 52 week range 2.02 - 8.32.
SKF 15.10 +0.61. Went long today.
Nasdaq 2,725.36 -40.49
SP500 1,281.92 -13.10
30-yrBond 4.53% -0.04
For the broad markets, look for further selling with volume picking up. After-hours, some techs are trading lower (CRM, RVBD).
Metals couldn't hold the highs, and silver really sold off from the intraday high.
AAPL 338.84 -1.81
FFIV 138.78 -3.00. Gap at 110.
NTRS 52.49 -3.15
GBG 2.59 +0.02. Closed 1/2 this long position today.
NXG 2.73 -0.07. For possible buy, watch how it acts below 2.30.
SIL 23.30 -0.46. Closed near day low. Closed this long position today.
UXG 6.89 -0.40. Watch list buy if it holds in the 5s. 52 week range 2.02 - 8.32.
SKF 15.10 +0.61. Went long today.
20110119 1317
DJIA 11,807.51 -30.42
NASDAQ 2,719.74 -46.11
SP500 1,279.78 -15.24
SKF 15.13 +0.64. Went long at 15.14.
NASDAQ 2,719.74 -46.11
SP500 1,279.78 -15.24
SKF 15.13 +0.64. Went long at 15.14.
20110119 1449
DJIA 11,817.31 -20.62
NASDAQ 2,726.02 -39.83
SP500 1,281.97 -13.05
Markets and metals couldn't hold higher prices and are selling off. Traders may want to get put on short positions.
Cleaning up some ill-timed trades. May short the financials.
AAPL 339.46 -1.19. Still keeping the NASDAQ levitating.
GBG . Sold 1/2 of the long position at 2.56 for .44 per share loss.
SIL 23.44 -0.31. Sold at 23.5 for 4.27 per share loss. In retrospect, I had bought near a double top.
NASDAQ 2,726.02 -39.83
SP500 1,281.97 -13.05
Markets and metals couldn't hold higher prices and are selling off. Traders may want to get put on short positions.
Cleaning up some ill-timed trades. May short the financials.
AAPL 339.46 -1.19. Still keeping the NASDAQ levitating.
GBG . Sold 1/2 of the long position at 2.56 for .44 per share loss.
SIL 23.44 -0.31. Sold at 23.5 for 4.27 per share loss. In retrospect, I had bought near a double top.
Sunday, January 16, 2011
20110114 Weekend
Dow 11,787.38 +55.48
Nasdaq 2,755.30 +20.01
SP500 1,293.24 +9.48
30-yrBond 4.53% +0.04
GLD 132.69 -1.36. May test 1320.
SLV 27.74 -0.26. Look to buy more silver if it drops another .60 next week.
PTM 21.32 +0.07
XLE 70.65 +0.76
XLF 16.72 +0.26
VXX 31.57 -1.42
US markets are closed Monday for a federal holiday.
Precious metals were pounded this week. Considered selling the silver miner long, but decided to wait and see what happens with future expiry at the end of January. Supposedly JPMorgan will be allowed to continue shorting silver into the ground.
AAPL 348.48 +2.80. 52 week range 190.25 - 348.48.
LEDS 17.72 -1.04. SemiLEDs Corporation. Price dropped 1/3 Thursday morning.
Nasdaq 2,755.30 +20.01
SP500 1,293.24 +9.48
30-yrBond 4.53% +0.04
GLD 132.69 -1.36. May test 1320.
SLV 27.74 -0.26. Look to buy more silver if it drops another .60 next week.
PTM 21.32 +0.07
XLE 70.65 +0.76
XLF 16.72 +0.26
VXX 31.57 -1.42
US markets are closed Monday for a federal holiday.
Precious metals were pounded this week. Considered selling the silver miner long, but decided to wait and see what happens with future expiry at the end of January. Supposedly JPMorgan will be allowed to continue shorting silver into the ground.
AAPL 348.48 +2.80. 52 week range 190.25 - 348.48.
LEDS 17.72 -1.04. SemiLEDs Corporation. Price dropped 1/3 Thursday morning.
Wednesday, January 12, 2011
20110112 PM
Dow 11,755.44 +83.56
Nasdaq 2,737.33 +20.50
SP500 1,285.96 +11.48
10-YrBond 3.3550% +0.0140
GLD 135.46 +0.55
SLV 29.00 +0.11
PTM 21.18 +0.34
XLE 70.09 +0.95
XLF 16.51 +0.27
VXX 33.43 -1.51
CNSL 18.68 -0.08.
EEE 2.85 +0.35 (14.00%). Was $1 three days ago and flirting with delisting. 52 week range 0.52 - 6.96.
PAL 7.19 +0.31 (4.51%). North American Palladium Ltd. Buy at 5.5.
Nasdaq 2,737.33 +20.50
SP500 1,285.96 +11.48
10-YrBond 3.3550% +0.0140
GLD 135.46 +0.55
SLV 29.00 +0.11
PTM 21.18 +0.34
XLE 70.09 +0.95
XLF 16.51 +0.27
VXX 33.43 -1.51
CNSL 18.68 -0.08.
EEE 2.85 +0.35 (14.00%). Was $1 three days ago and flirting with delisting. 52 week range 0.52 - 6.96.
PAL 7.19 +0.31 (4.51%). North American Palladium Ltd. Buy at 5.5.
Sunday, January 09, 2011
20110107 Weekend
Dow 11,674.76 -22.55
Nasdaq 2,703.17 -6.72
SP500 1,271.50 -2.35
30-yrBond 4.49% -0.04
GLD 133.58 -0.25
SLV 28.10 -0.32
PTM 20.40 +0.05
XLE 68.28 +0.49
XLF 16.22 -0.15
VXX 36.05 +0.12
Gold below 1350 is problematic. It should stabilize here or can go much lower.
ANO 1.44 -0.04
GBG 2.56 -0.09
NENE 2.08 -0.01. Started small position on Tuesday January 4 at 2.16.
SIL 24.14 -0.26. Got in too early this week.
MBI 12.46 -0.09
Nasdaq 2,703.17 -6.72
SP500 1,271.50 -2.35
30-yrBond 4.49% -0.04
GLD 133.58 -0.25
SLV 28.10 -0.32
PTM 20.40 +0.05
XLE 68.28 +0.49
XLF 16.22 -0.15
VXX 36.05 +0.12
Gold below 1350 is problematic. It should stabilize here or can go much lower.
ANO 1.44 -0.04
GBG 2.56 -0.09
NENE 2.08 -0.01. Started small position on Tuesday January 4 at 2.16.
SIL 24.14 -0.26. Got in too early this week.
MBI 12.46 -0.09
Monday, January 03, 2011
20110103
Dow 11,670.75 +93.24
Nasdaq 2,691.52 +38.65
SP500 1,271.89 +14.25
30-yrBond 4.3980% +0.0360
GLD 138.00 -0.72
SLV 29.98 -0.20. This guy claims a selloff in silver often occurs at exactly 8:25AM. Coincidence or desperation?
While it may be unexpected, it is certainly possible for silver to continue to quickly ramp to 37.
PTM 20.90 -0.02
XLE 68.76 +0.51
XLF 16.30 +0.35
VXX 36.49 -1.12
SIL 27.42 +0.30
MBI 12.74 +0.75. The banker bailout continues.
BAJFF 1.20 +0.07
DFR 6.40 -0.10
KRY 0.32 +0.01
MCP 57.50 +7.60. Molycorp Inc.
MDW 0.91 +0.07
NENE 2.00 +0.13
NOR 14.52 -0.08. Has been a rocket.
URZ 4.18 +0.19
Nasdaq 2,691.52 +38.65
SP500 1,271.89 +14.25
30-yrBond 4.3980% +0.0360
GLD 138.00 -0.72
SLV 29.98 -0.20. This guy claims a selloff in silver often occurs at exactly 8:25AM. Coincidence or desperation?
While it may be unexpected, it is certainly possible for silver to continue to quickly ramp to 37.
PTM 20.90 -0.02
XLE 68.76 +0.51
XLF 16.30 +0.35
VXX 36.49 -1.12
SIL 27.42 +0.30
MBI 12.74 +0.75. The banker bailout continues.
BAJFF 1.20 +0.07
DFR 6.40 -0.10
KRY 0.32 +0.01
MCP 57.50 +7.60. Molycorp Inc.
MDW 0.91 +0.07
NENE 2.00 +0.13
NOR 14.52 -0.08. Has been a rocket.
URZ 4.18 +0.19
20110103 1447 SIL
DJIA 11,699.17 +121.66
NASDAQ 2,692.74 +39.87
SP500 1,273.73 +16.09
Metals just had a sharp sell-down.
Those who follow planetary motions are still looking for sell-off to start tomorrow.
GLD 138.28 -0.44
SLV 30.05 -0.13
PTM 21.11 +0.19
SIL 27.62 +0.49. Earlier went long this silver miner's basket at 27.77. Chose this basket instead of picking individual miners.
NASDAQ 2,692.74 +39.87
SP500 1,273.73 +16.09
Metals just had a sharp sell-down.
Those who follow planetary motions are still looking for sell-off to start tomorrow.
GLD 138.28 -0.44
SLV 30.05 -0.13
PTM 21.11 +0.19
SIL 27.62 +0.49. Earlier went long this silver miner's basket at 27.77. Chose this basket instead of picking individual miners.
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