SP500 1,415.95 +6.02
Nasdaq 3,012.03 +20.25
Dow 13,021.82 +36.71
EUR/USD 1.2975 0.00
10-Year Bond 1.62% 0.00
Gold 1,739.80 +23.30
Oil 87.84 +1.35
GLD 167.18 +0.63
SLV 33.13 +0.51
PTM 19.35 -0.06
XLE 71.12 +0.16
XLF 15.78 +0.08
VXX 29.10 -0.34
Silver is acting stronger than gold.
Friday is end of month, so anticipating a higher index close.
UPRO . ProShares UltraPro S&P500. Half hour before close, bought at 85.51. Intend to sell tomorrow. SPXL is a similar trading vehicle.
Thursday, November 29, 2012
Sunday, November 25, 2012
20121123 Weekend
SP500 1,409.15 +18.12
Nasdaq 2,966.85 +40.30
Dow 13,009.68 +172.79
EUR/USD 1.2975 +0.0095
10-Year Bond 1.693 +0.006
Gold 1,751.40 +23.20. If price holds Monday, time to get long gold bullion for run to 1800.
Oil 86.67 +1.22
GLD 169.61 +2.05
SLV 32.98 +0.69
PTM 19.08 +0.13
XLE 71.61 +1.00
XLF 15.84 +0.19
VXX 30.00 -1.34
This week was Thanksgiving, with less trading. Friday was risk on, with widespread green. Light volume makes the moves tentative.
International:
ECH 60.23 -0.20. iShares MSCI Chile Investable Mkt Idx. 52 week range 55.85 - 69.60.
TEO 9.41 0.04. Telecom Argentina S.A. 52 week range 9.12 - 22.33. 9.4% dividend. Keep on watch list for reversal, and be careful with bottom-fishing. Argentina lost court battle concerning debt.
Nasdaq 2,966.85 +40.30
Dow 13,009.68 +172.79
EUR/USD 1.2975 +0.0095
10-Year Bond 1.693 +0.006
Gold 1,751.40 +23.20. If price holds Monday, time to get long gold bullion for run to 1800.
Oil 86.67 +1.22
GLD 169.61 +2.05
SLV 32.98 +0.69
PTM 19.08 +0.13
XLE 71.61 +1.00
XLF 15.84 +0.19
VXX 30.00 -1.34
This week was Thanksgiving, with less trading. Friday was risk on, with widespread green. Light volume makes the moves tentative.
International:
ECH 60.23 -0.20. iShares MSCI Chile Investable Mkt Idx. 52 week range 55.85 - 69.60.
TEO 9.41 0.04. Telecom Argentina S.A. 52 week range 9.12 - 22.33. 9.4% dividend. Keep on watch list for reversal, and be careful with bottom-fishing. Argentina lost court battle concerning debt.
Sunday, November 04, 2012
20121102 Weekend
Dow 13,093.16 -139.46
Nasdaq 2,982.13 -37.93
SP500 1,414.20 -13.39
30-yrBond 2.92% +0.02
GLD 162.60 -3.47
SLV 29.95 -1.27
PTM 18.44 -0.09
XLE 71.06 -1.19
XLF 16.00 -0.09
VXX 34.92 +0.88
Friday had non-farm payroll report with sell-off of precious metals, copper, and grains. Crude went below 85/barrel.
On Wednesday NYC said their 47,000 participant marathon would be held this weekend, then cancelled it due to hurricane aftermath. The entire NJ/NYC area will have a consumer spending contraction for at least a week due to people staying home from work and cancelled conventions. This will hurt the next GDP report. Time to consider selling any long term broad market longs?
Elections Tuesday. Whichever of the two big (bankster approved) candidates wins the Presidential election, look for a equity sell-off when the public realizes neither can easily work through the looming fiscal/spending/war issues.
Nasdaq 2,982.13 -37.93
SP500 1,414.20 -13.39
30-yrBond 2.92% +0.02
GLD 162.60 -3.47
SLV 29.95 -1.27
PTM 18.44 -0.09
XLE 71.06 -1.19
XLF 16.00 -0.09
VXX 34.92 +0.88
Friday had non-farm payroll report with sell-off of precious metals, copper, and grains. Crude went below 85/barrel.
On Wednesday NYC said their 47,000 participant marathon would be held this weekend, then cancelled it due to hurricane aftermath. The entire NJ/NYC area will have a consumer spending contraction for at least a week due to people staying home from work and cancelled conventions. This will hurt the next GDP report. Time to consider selling any long term broad market longs?
Elections Tuesday. Whichever of the two big (bankster approved) candidates wins the Presidential election, look for a equity sell-off when the public realizes neither can easily work through the looming fiscal/spending/war issues.
Thursday, November 01, 2012
20121101 PM
Dow 13,232.62 136.16 (1.04%)
Nasdaq 3,020.06 42.83 (1.44%)
S&P 500 1,427.59 15.43 (1.09%)
30-yr Bond 2.90% 0.05
Indices had early morning melt up to close at daily highs.
Still looking for fear in the metals market to flush price lower to go long.
GLD 166.07 -0.76
SLV 31.22 -0.05
PTM 18.54 +0.13
XLE 72.25 +0.31
XLF 16.09 +0.20
VXX 34.05 -2.96
BOIL 52.15 -0.56. ProShares Ultra DJ UBS Natural. Sold off from anticipated reduction in electricity generation demand. That play is likely over, so should change direction. Would be eager to buy around 49. Has intraday volatility.
Nasdaq 3,020.06 42.83 (1.44%)
S&P 500 1,427.59 15.43 (1.09%)
30-yr Bond 2.90% 0.05
Indices had early morning melt up to close at daily highs.
Still looking for fear in the metals market to flush price lower to go long.
GLD 166.07 -0.76
SLV 31.22 -0.05
PTM 18.54 +0.13
XLE 72.25 +0.31
XLF 16.09 +0.20
VXX 34.05 -2.96
BOIL 52.15 -0.56. ProShares Ultra DJ UBS Natural. Sold off from anticipated reduction in electricity generation demand. That play is likely over, so should change direction. Would be eager to buy around 49. Has intraday volatility.
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