20111230 Weekend

Dow 12,217.56 -69.48
Nasdaq 2,605.15 -8.59
SP500 1,257.60 -5.42
30-yrBond 2.89% -0.02

Happy New Year and blessings.

GLD 151.99 +1.65
SLV 26.94 -0.13
PTM 16.12 +0.23
XLE 69.13 -0.03
XLF 13.00 -0.07
VXX 35.53 +0.55

Candidates for selling naked puts or buy-write (to collect dividend):
DTE 54.45 -0.57. DTE Energy. 52 week range 43.22 - 55.28. 4.3% dividend.
PCAR 37.47 +0.01. PACCAR. 52 week range 31.57 - 58.75. 2% dividend.
TE 19.14 -0.12. TECO Energy. 52 week range 15.82 - 19.66. 4.5% dividend.

20111228 PM

Dow 12,151.41 -139.94
Nasdaq 2,589.98 -35.22
SP500 1,249.64 -15.79
10-YrBond 1.9080% -0.1010

Indices opened flat and sold off all day.
Dollar higher. Precious metals lower.

GLD 151.03 -3.88
SLV 26.27 -1.60
PTM 15.90 -0.70
XLE 68.45 -1.33
XLF 12.86 -0.21
VXX 35.88 +1.49

In a tax shielded college savings plan, am allowed to make a trade once per calendar year. Moved from 100% money market to 100% broad stock index. Plan to hold through January bounce, then have a mental trailing stop.

WSJ article on the private Federal Reserve propping up Europe.
European banks are depositing most of the funds with Europe's central bank. This ridiculous attempt to kick the can down the road is not fixing any problems, though it allows fat-cat banksters to collect a few more bonus checks.

20111227 PM

Dow 12,291.35 -2.65
Nasdaq 2,625.20 +6.56
SP500 1,265.43 +0.10
30-yr Bond 3.04% -0.03

This week looking to go long broad index to catch rise after tax-loss selling and into New Year.

This year, making one allowable trade in the college savings account to go long. Next year, 2012, will be allowed one other trade.

GLD 154.91 -1.40
SLV 27.87 -0.41
PTM 16.60 +0.10
XLE 69.78 +0.18
XLF 13.07 -0.07
VXX 34.39 -0.30

SSO 47.06 +0.06. Went long at 47.15 for swing trade.
GBG 0.93 -0.02. Watch how it tests 1.20.

BAC 5.48 -0.12

20111215 1112

DJIA 11,881.75 +58.27
NASDAQ 2,539.57 +0.26
SP500 1,217.29 +5.47

GBG 0.935 -0.02. Long at .94. Day range .93 - 1.03. Held price yesterday in face of gold price puke.

20111214

DJIA 11,859.46 -95.48
NASDAQ 2,540.99 -38.28
SP500 1,215.58 -10.15

Dollar continues higher into 80s. Commodities continue down.

Yesterday closed AGQ for a small loss and REGN for a loss.
Yesterday went long DZZ to catch a gold short. Today trailing stop closed the gold short in DZZ at 5.30 for a gain.

20111210 Weekend

Dow 12,184.26 +186.56
Nasdaq 2,646.85 +50.47
SP500 1,255.19 +20.84
10-YrBond 2.0520% +0.08

SFLY 25.54 +0.18. Shutterfly, Inc. 52 week range 24.06 - 66.70. While a bounce is due, this can go much lower.