Dow 10,733.83 -391.01 (3.51%)
Nasdaq 2,455.67 -82.52 (3.25%)
SP500 1,129.56 -37.20 (3.19%). Volume is lightening up. Expecting bounce, maybe Friday after lunch, though it make take until Monday. On weekly chart, this stays above 1100 or it is heading to 1000.
10-YrBond 1.72% -0.16
Yesterday FOMC announced they will buy long bonds.
Precious metals lower. Industrial metals continue lower, with copper having totally broken down. "Dr." Copper had recently signaled lower commodity prices. Oil lower.
Look for stock indices to stay in a volatile trading range.
GLD 169.05 -4.54 (2.62%)
SLV 34.92 -3.64 (9.44%)
PTM 19.73 -0.78 (3.81%)
XLE 59.34 -3.55 (5.64%)
XLF 11.56 -0.34 (2.86%)
VXX 49.84 +4.63 (10.24%)
Miners:
AUY 14.74 -1.66 (10.12%)
GBG 1.89 -0.23 (10.85%)
NEM 65.24 -2.44 (3.61%)
SVM 6.82 -0.31 (4.35%)
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