Saturday, January 14, 2012

20120113 Weekend, AEHI AEM PDS POT

Dow 12,422.06 -48.96
Nasdaq 2,710.67 -14.03
SP500 1,289.09 -6.41
10-YrBond 1.85% -0.08

US stock exchanges will be closed Monday.
Commodities lower. Natural gas near multi-year lows.
With close at/near highs of day, stock bulls are still in control.

GLD 159.26 -1.12
SLV 28.82 -0.49
PTM 18.70 +0.12
XLE 69.44 -0.35
XLF 13.81 -0.11
VXX 31.49 +0.83

SSO 48.96 -0.32. Closed at high of day. Sold long at 48.73 for 1.58 per share gain. Just raising cash for future opportunities.
GBG 1.02 -0.02

Commodity:
AEM 37.01 -0.44. Agnico Eagle Mines.
POT 44.74 +1.29. Potash Corp Of Saskatchewan. Looking at year chart, POT is trending up nicely. Clear resistance around 50.

AEHI 0.07 +0.03. Alternate Energy Holdings. Speculative over-the-counter with very little volume. All outstanding stock could (theoretically) be bought for $22 million. Maybe consider a speculative buy at .4.
IRC 7.84 -0.10. Inland Real Estate Corporation. 7.2% dividend.
PDS 9.69 -0.17. Precision Drilling Corporation. 2+ dollar range this week. Below 9.25, this is a short down to 8.

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