Dow 12,169.88 -88.32
Nasdaq 2,784.67 -14.07
SP500 1,321.15 -9.82
10-YrBond 3.49% -0.08
Stock indices recovered half of the daily losses in the last half hour.
Dollar was slightly down at 76.4 and oil was slightly up at 104.42.
Silver closed at 35.67. 6th week higher. Up $2 this week. Next stop is $36.
Moving out of volatile silvers and into less volatile golds has had the anticipated effect of less volatility. Gold upside has also been less than silver.
Oil closed at nearly 105 per barrel. CME raised futures margins on oil and gasoline contracts. Will this slow the ascent of oil or just a pause to refresh the bulls?
GLD 139.35 +1.26
SLV 34.69 +1.28
PTM 21.85 +0.22
XLE 78.34 -0.50
XLF 16.52 -0.21
VXX 31.66 +0.78
GPL 4.55 +0.40 (9.64%). Will there be profit taking at 5? If silver pulls this higher early in week, will lighten up.
NUGT 37.34 +0.50
UXG 8.06 +0.21
SIMG 9.60 +0.24. Mid-week jump higher.
ZAGG 8.37 -0.12. Recovered part of the mid-week loss.
Miners, some speculative:
CEM.V 0.26 -0.03. Constantine Metal Resources Ltd.
CNSNF 0.2725 -0.0206. CONSTANTINE METAL RES LTD COM.
EXK 9.34 +1.00 (11.99%). Endeavour Silver Corp. Multi-year high. Buy on pull back to low 8s.
GRS 8.99 +0.09. GAMMON GOLD INC. Buy on a pull back, target 11+.
MDW 2.12 +0.21 (10.99%)
OKOFF 2.86 +0.09. ORKO SILVER CORP.
PGXPF 0.80 -0.01. PELANGIO EXPL INC. 52 week range 0.14 - 1.29.
SVM 14.53 +0.55. SILVERCORP METALS INC. Intraday 52 week high. Buy on pull back.
TRE 6.50 -0.06
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