Saturday, April 28, 2012

20120427 Weekend

Dow 13,228.31 +23.69
Nasdaq 3,069.20 +18.59
SP500 1,403.36 +3.38
10-YrBond 1.9330% -0.0260

GLD 161.40 +0.37
SLV 30.39 +0.21
PTM 19.17 +0.40
XLE 70.77 -0.06
XLF 15.52 +0.01
VXX 16.20 -0.03

AGQ 50.79 -0.71

GPL 2.09 -0.02.  Great Panther Silver Ltd.  Buy pullback to 1.90.

Wednesday, April 25, 2012

20120425 PM

Dow 13,090.72 +89.16
Nasdaq 3,029.63 +68.03
SP500 1,390.69 +18.72
30-yrBond 3.1460% +0.0320

Metals could have put in a bottom today.  Sometimes there is a change in trend during the Money Show, which will be May 14 - 17, so a bottom may take a couple more weeks.
Gold rejected intraday low with a V-shaped spike lower to 1626 that immediately rebounded and went on to close higher.  Wants to run to 1681.
Silver tested below 30.50 and closed above important 30.50.

GLD 159.62 +0.32
SLV 29.86 -0.07
PTM 18.90 +0.16
XLE 70.09 +0.69
XLF 15.38 +0.13
VXX 16.82 -1.09


AGQ 48.97 -0.20.  Added at 48.98.  Now have full position. 

AAPL 610.00 +49.72 8.87%.  Gapped higher.
AEM 34.41 +1.59 4.84%.  Nearly ready to run higher.

Wednesday, April 04, 2012

20120404 PM

Dow 13,074.75 -124.80
Nasdaq 3,068.09 -45.48
SP500 1,398.96 -14.42
30-yrBond 3.38% -0.03

Commodities sold off.

GLD 157.21 -2.68 (1.68%)
SLV 30.325 -1.32 (4.19%)
PTM 19.65 -0.55
XLE 70.90 -0.92
XLF 15.5799 -0.25
VXX 17.482 +0.38

Mining shares were pummeled.
GBG 0.66 -0.01 (1.49%).  Great Basin Gold Ltd.
GDXJ 22.83 -1.00 (4.20%).  Market Vectors Junior Gold Miners ETF.  New 52 week low.  52 week range 22.58 - 42.97.

HUI/gold chart from Trader Dan.  Near 2008 lows.
















IPG 10.97 -0.12.  The Interpublic Group of Companies, Inc.  Into high volume up day from late February, and needs to hold here or will drop lower.