Tuesday, May 21, 2013

20130521 12:25

Dow 15,386.88 +51.60
Nasdaq 3,502.08 +5.65
SP500 1,670.12 +3.83
30-yrBond 3.16% -0.02

After violent take-down Sunday evening and subsequent rebound Moneday, looking at precious metals for a scalp today.

GLD 133.38 -1.74
SLV 21.78 -0.50
PTM 16.50 -0.37
XLE 83.64 +0.36
XLF 20.08 +0.09
VXX 18.18 -0.09

GLD 133.405 -1.715.  In the middle of yesterday's range, and basing here.  No-man's-land for direction.
UGLD 21.56 -0.90.  Triple long gold.

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