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.

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