20130221 PM

Dow 13,880.62 -46.92
Nasdaq 3,131.49 -32.92
SP500 1,502.42 -9.53
30-yrBond 3.17% -0.04

Yesterday stock indices sold off.  Continued to slide today.

Yesterday energy, metals, and miners really sold off.  Today these stabilized, except for platinum which is lower.  Note that the past week platinum was trying to hold price, diverging from the metals.  Miners are at multi-year lows.

GLD 152.62 +1.18
SLV 27.74 +0.15
PTM 18.40 -0.39
XLE 77.12 -0.58
XLF 17.51 -0.15
VXX 23.25 +0.42

CEF 19.60 +.35.  Bought half position at 19.72.  Closed end fund slightly below intrinsic value.

20130208 Weekend

Dow 13,992.97 +48.92
Nasdaq 3,193.87 +28.74
SP500 1,517.93 +8.54
30-yrBond 3.1670% +0.0040

Broad market churning is lopsided.  Not bullish.


GLD 161.55 -0.29
SLV 30.44 -0.02.  Weekly close below 31 is a concern.  A dip to buy or is broad market turning lower?
PTM 19.64 -0.04
XLE 78.59 +0.74
XLF 17.60 +0.05
VXX 22.99 -0.47


DBA 27.00 -0.19.  PowerShares DB Agriculture.  52 week range 25.70 - 30.87.  Watch for rolling over and broad market may follow.
NEM 44.93 -0.32.  Newmont Mining Corp.  Weekly price held.

MUX 3.14 +0.07.  McEwen Mining Inc.  Was purchased before year-end with a standing order at 3.71.

YCS 57.61 -1.12.  ProShares UltraShort Yen.  Gap down triggered trailing stop to sell at 57.60, for 4.61 per share gain.  This was bought at 52.99 on January 15.