Sunday, March 10, 2013

20130308 Weekend

Dow 14,397.07 +67.58
Nasdaq 3,244.37 +12.28
SP500 1,551.18 +6.92
30-yrBond 3.26% +0.06

Major indices SPY and DOW looking to go higher.  DOW pullback to 13500 may be a compelling place to get very long.  NASDAQ not as strong.

GLD 152.71 +0.02
SLV 28.00 +0.09
PTM 18.28 +0.08
XLE 78.99 +0.38
XLF 18.24 +0.05
VXX 21.63 -0.30


Was watching interrelationship of gold/silver/platinum and thought to go long silver before Thursday close.  Did not make the trade, though silver was modestly higher Friday.

CEF 19.57 +0.09


GOLD 80.94 -1.36.  Randgold Resources Limited.  Lower with volume is not a good sign for miners.
GDX 37.11 +0.20.  Miners.

TSLA 38.47 +0.24

YCS 61.53 +1.43.  ProShares UltraShort Yen.  Big move and another 52 week high.  Dollar is higher and looking to go to 84.


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