Nasdaq 2,743.06 +6.64
SP500 1,313.80 +4.14
10-YrBond 3.44% +0.04
Margin was increased 4X on futures on Japanese stock market. This may reduce severity of some recent wild swings.
Portugal is next Eurpean country in line for a bailout.
Gold new all-time high.
Silver touched 38 closing week with nearly $2 gain. Margin was increased on silver futures exchange. Am looking to hedge some long miner positions by selling calls.
Copper has made a head and shoulders pattern. Some will keep an eye on this.
Oil closed at 105.52. Pump prices headed into $4 territory.
After trading in 75s, dollar closed week at 76.16.
USA housing prices continue to fall. Look for another 20% decline before bargains will be widespread. This will take at least another few years. Rising interest rates could accelerate the time frame.
GLD 139.26 +0.04
SLV 36.39 +0.27
PTM 20.58 -0.10
XLE 78.69 +0.70
XLF 16.34 +0.05
VXX 30.37 -0.04
UUP 21.88 +0.14. PowerShares DB US Dollar Index Bullish. This two year chart speaks for itself. It will bounce ... somewhere.
GG 48.90 +0.03
UXG 8.48 -0.06
VGZ 3.87 -0.03
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