tag:blogger.com,1999:blog-182595652012-02-10T22:46:36.399-05:00Notes from various radio programs that cover investing, trading, and the markets. Additional commentary about trading ideas, investing, stock brokers, option brokers, moving averages, candle stick charting, ABC, fibonacci, support, resistance, channels, trends, and commodities.Menoreply@blogger.comBlogger11951100tag:blogger.com,1999:blog-18259565.post-85740177312477929972012-02-08T20:35:00.024-05:002012-02-08T20:35:00.573-05:00

Dow 12,883.95 +5.75 Nasdaq 2,915.86 +11.78 SP500 1,349.96 +2.91 30-yrBond 3.1410% +0.00 GLD 168.50 -1.20 SLV 33.04 -0.22 PTM 23.36 +1.04 XLE 73.77 -0.25 XLF 14.77 +0.11 VXX 24.48 +0.53 Last weekend, Barron's had an article on buying Fannie Mae's properties at auction. For the larger auctions, there are income requirements and property management requirements. For the smaller sales, there will

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-7854914972579374792012-02-04T23:46:00.029-05:002012-02-05T01:32:37.204-05:00

Dow 12,862.23 +156.82 Nasdaq 2,905.66 +45.98 SP500 1,344.90 +19.36 10-YrBond 1.95% +0.12 GLD 167.64 -3.41 SLV 32.69 -0.67 PTM 21.28 -0.23 XLE 72.77 +1.26 XLF 14.735 +0.38 VXX 23.9869 -1.35 Indices gapped higher on well-received jobs number and closed near/at highs of day. Will watch for a shortable opening gap up on Monday. Oil is failing. If it gets into 96, consider shorting down to 85.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-82391665509820935082012-02-02T19:44:00.020-05:002012-02-02T19:44:00.400-05:00

Dow 12,707.08 -9.38 Nasdaq 2,859.68 +11.41 SP500 1,325.54 +1.45 30-yrBond 3.0110% -0.0040 GLD 171.05 +1.49. Gold closed over 1750, a positive close. SLV 33.36 +0.59 PTM 21.51 +0.77 XLE 71.51 +0.54 XLF 14.35 +0.07 VXX 25.33 -0.80 IPG 10.59 +0.01. Interpublic Group of Companies. Went long at 10.61. IPG owns a tiny piece of Facebook. USLV 50.79 +2.60. In the morning, took a tiny gain on

twonoreply@blogger.com1tag:blogger.com,1999:blog-18259565.post-32365138421671843682012-02-02T10:14:00.000-05:002012-02-02T10:14:13.498-05:00

DJIA 12,728.69 +12.23 NASDAQ 2,860.65 +12.38 SP500 1,327.60 +3.51 USLV 48.75 +0.55. Sold at 48.66 for overnight .46 per share gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-66489223208109468202012-02-01T19:19:00.012-05:002012-02-01T19:19:00.811-05:00

Dow 12,716.46 +83.55 Nasdaq 2,848.27 +34.43 SP500 1,324.09 +11.68 30-yrBond 3.02% +0.08 GLD 169.56 +0.25 SLV 32.77 +0.49 PTM 20.74 +0.18 XLE 70.97 +0.28 XLF 14.28 +0.22 VXX 26.13 -0.73 Indices opened higher and closed with strength. Relatively positive action for the bulls, though needs volume to come in for higher prices. AMZN 179.46 -14.98 (7.70%). Gap down on big volume with trend up from

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-9454565222957465832012-01-30T19:17:00.011-05:002012-01-30T19:17:00.128-05:00

Dow 12,653.72 -6.74 Nasdaq 2,811.94 -4.61 SP500 1,313.01 -3.32 30-yrBond 2.9830% -0.0810 For those will bullish bias on the stock indices, this was a positive day in that there was no big breakdown and indices closed at highs of day. GLD 168.03 -0.94 SLV 32.53 -0.43 PTM 21.03 +0.45 XLE 71.14 -0.34 XLF 14.00 -0.13 VXX 26.85 +0.78 SDS 17.58 +0.07. Sold at 17.70 for .39 per share gain. GBG 1.28

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-86058940743684246732012-01-28T10:25:00.020-05:002012-01-30T17:17:04.389-05:00

Dow 12,660.46 -74.17 Nasdaq 2,816.55 +11.27 SP500 1,316.33 -2.10 30-yrBond 3.0640% -0.0260 With the Fed extending ZIRP and markets not zooming higher, they are giving a feeling of heaviness. Am biased toward downside on the indices. Jim Sinclair wrote that $2111 will be the next temporary wall for the price of gold. GLD 168.97 +1.70 SLV 32.96 +0.53 PTM 20.58 +0.59 XLE 71.48 -0.15 XLF 14.13 +

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-71865548768681379122012-01-26T11:02:00.001-05:002012-01-26T11:02:41.463-05:00

DJIA 12,779.02 +22.06 NASDAQ 2,812.38 -5.93 SP500 1,323.49 -2.57 Dollar lower. Commodities and precious metals higher. Stock market bulls had better get moving or the indices can drift lower today. GBG 1.21 +0.05. Reached target sell price. Sold at 1.21 for .27 per share gain. SDS 17.36 +0.07. Bought at 17.31 for scalp.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-52800219932363783432012-01-25T20:27:00.008-05:002012-01-25T20:34:30.211-05:00

Dow 12,756.96 +81.21 Nasdaq 2,818.31 +31.67 SP500 1,326.06 +11.41 30-yrBond 3.15% -0.01 FOMC meeting during which the private cartel Federal Reserve announced they would maintain the cost of borrowing money at near-zero into 2014. Risk on! Jim Sinclair interview about today's Fed action and global QE. GLD 166.42 +4.41 (2.72%) SLV 32.37 +1.29 (4.15%) PTM 19.38 +0.52 (2.78%) XLE 72.62 +0.88 XLF

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-36661411593504732282012-01-21T22:36:00.018-05:002012-01-21T22:36:00.659-05:00

Dow 12,720.48 +96.50 Nasdaq 2,786.70 -1.63 SP500 1,315.38 +0.88 10-YrBond 2.0280% +0.0560. Trader Dan says metals (silver in particular) will benefit from "risk on" when the yield goes above 2.25%. GLD 162.07 +0.85 SLV 31.22 +1.48 +4.98%. This week 7% gain. Thursday bought more physical silver for delivery. Resistance at 32.50. PTM 18.89 +0.09 XLE 71.38 +0.01 XLF 14.14 +0.09 VXX 28.42 -0.89

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-87673564181186378112012-01-18T20:03:00.022-05:002012-01-18T20:03:00.678-05:00

Dow 12,578.95 +96.88 Nasdaq 2,769.71 +41.63 SP500 1,308.04 +14.37. Closed above 1300. 10-YrBond 1.8970% +0.0470 GLD 161.60 +1.10 SLV 29.65 +0.46 PTM 20.95 +0.55 XLE 71.08 +1.15 XLF 13.92 +0.21 VXX 30.14 -1.08 DGP 53.50 +0.69. Sold at 53.34 for .48 per share gain overnight. MEOH 27.54 +1.03. Methanex Corporation. Good volume on higher price the past week. News the firm will move a

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-22699549287637489882012-01-17T18:20:00.002-05:002012-01-17T18:20:01.035-05:00

Dow 12,482.07 +60.01 Nasdaq 2,728.08 +17.41 SP500 1,293.67 +4.58. Am looking to lighten up the longs. 30-yrBond 2.89% -0.01 GLD 160.48 +1.22 SLV 29.19 +0.37 PTM 20.40 +1.67 XLE 69.93 +0.49 XLF 13.71 -0.10 VXX 31.22 -0.27 DGP 52.81 +0.77. Bought 100 at 52.86, near end of day. Intend to sell in the morning. Overnight gold movement: GLD open/close 161.17 160.50 DGP open/close 53.27 52.81

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-18070210059166589392012-01-14T06:54:00.042-05:002012-01-14T06:54:00.082-05:00

Dow 12,422.06 -48.96 Nasdaq 2,710.67 -14.03 SP500 1,289.09 -6.41 10-YrBond 1.85% -0.08 US stock exchanges will be closed Monday. Commodities lower. Natural gas near multi-year lows. With close at/near highs of day, stock bulls are still in control. GLD 159.26 -1.12 SLV 28.82 -0.49 PTM 18.70 +0.12 XLE 69.44 -0.35 XLF 13.81 -0.11 VXX 31.49 +0.83 SSO 48.96 -0.32. Closed at high of day. Sold

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-73930169479334869222011-12-31T23:49:00.013-05:002011-12-31T23:49:00.271-05:00

Dow 12,217.56 -69.48 Nasdaq 2,605.15 -8.59 SP500 1,257.60 -5.42 30-yrBond 2.89% -0.02 Happy New Year and blessings. GLD 151.99 +1.65 SLV 26.94 -0.13 PTM 16.12 +0.23 XLE 69.13 -0.03 XLF 13.00 -0.07 VXX 35.53 +0.55 Candidates for selling naked puts or buy-write (to collect dividend): DTE 54.45 -0.57. DTE Energy. 52 week range 43.22 - 55.28. 4.3% dividend. PCAR 37.47 +0.01. PACCAR. 52 week

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-83018201818172731102011-12-28T19:30:00.013-05:002011-12-28T22:03:16.133-05:00

Dow 12,151.41 -139.94 Nasdaq 2,589.98 -35.22 SP500 1,249.64 -15.79 10-YrBond 1.9080% -0.1010 Indices opened flat and sold off all day. Dollar higher. Precious metals lower. GLD 151.03 -3.88 SLV 26.27 -1.60 PTM 15.90 -0.70 XLE 68.45 -1.33 XLF 12.86 -0.21 VXX 35.88 +1.49 In a tax shielded college savings plan, am allowed to make a trade once per calendar year. Moved from 100% money market to

twonoreply@blogger.com1tag:blogger.com,1999:blog-18259565.post-72455188624945733192011-12-27T19:27:00.010-05:002011-12-28T10:30:12.859-05:00

Dow 12,291.35 -2.65 Nasdaq 2,625.20 +6.56 SP500 1,265.43 +0.10 30-yr Bond 3.04% -0.03 This week looking to go long broad index to catch rise after tax-loss selling and into New Year. This year, making one allowable trade in the college savings account to go long. Next year, 2012, will be allowed one other trade. GLD 154.91 -1.40 SLV 27.87 -0.41 PTM 16.60 +0.10 XLE 69.78 +0.18 XLF 13.07 -0.07

Menoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-32315651359410025642011-12-15T11:13:00.000-05:002011-12-15T11:13:16.528-05:00

DJIA 11,881.75 +58.27 NASDAQ 2,539.57 +0.26 SP500 1,217.29 +5.47 GBG 0.935 -0.02. Long at .94. Day range .93 - 1.03. Held price yesterday in face of gold price puke.

twonoreply@blogger.com1tag:blogger.com,1999:blog-18259565.post-66860214865623749482011-12-14T12:44:00.000-05:002011-12-14T12:44:32.640-05:00

DJIA 11,859.46 -95.48 NASDAQ 2,540.99 -38.28 SP500 1,215.58 -10.15 Dollar continues higher into 80s. Commodities continue down. Yesterday closed AGQ for a small loss and REGN for a loss. Yesterday went long DZZ to catch a gold short. Today trailing stop closed the gold short in DZZ at 5.30 for a gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-71911561388666611002011-12-12T12:56:00.009-05:002011-12-12T12:56:00.143-05:00

Dow 12,184.26 +186.56 Nasdaq 2,646.85 +50.47 SP500 1,255.19 +20.84 10-YrBond 2.0520% +0.08 SFLY 25.54 +0.18. Shutterfly, Inc. 52 week range 24.06 - 66.70. While a bounce is due, this can go much lower.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-14418612576403518592011-11-23T20:01:00.023-05:002011-11-23T20:01:00.070-05:00

DJIA 11,257.55 -236.17 NASDAQ 2,460.08 -61.20 SP500 1,161.79 -26.25 The morning Germany's $5 billion debt issuance was under-subscribed (failed). Germany is the strong country in the Euro, so this means every other Euro country is weaker and will have greater difficulty selling debt. European countries will likely begin issuing "euro dollar bonds" to achieve lower interest rates. This is

twonoreply@blogger.com1tag:blogger.com,1999:blog-18259565.post-5225617555887532952011-11-23T12:07:00.004-05:002011-11-23T12:11:49.573-05:00

DJIA 11,320.75 -172.97 NASDAQ 2,475.81 -45.47 SP500 1,168.99 -19.05 Dollar up. Indices and commodities down. Thursday, tomorrow, markets closed for Thanksgiving. Historically, Friday is single most positive day of trading year. Nobody wants to be long now and over the weekend due to European financial problems and Euro. AGQ 57.23 -3.28 (-5.42%). Long at 57.32. Looking for intraday two

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-62240453356621826352011-11-21T12:10:00.000-05:002011-11-21T12:10:29.210-05:00

DJIA 11,500.76 -295.40 NASDAQ 2,510.69 -61.81 SP500 1,187.97 -27.68 NYSE 7,103.10 -179.36 The unconstitutional "super committee" on cutting federal government debt has failed. Commodities are selling off. There are reports MF Global's missing customer funds are not $600m but billions. People are losing confidence in the markets. DUG 29.53 +1.56. Intraday trailing stop sold position at 29.49

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-2814014855139706312011-11-20T11:20:00.015-05:002011-11-20T11:20:00.169-05:00

Dow 11,796.16 +25.43 Nasdaq 2,572.50 -15.49 SP500 1,215.65 -0.48 30-yrBond 2.9960% +0.0210 GLD 167.62 +0.52 SLV 31.40 +0.76 PTM 18.43 +0.04 XLE 68.15 -0.41 XLF 12.50 +0.04 VXX 46.89 -1.55 DUG 27.97 +0.29 TRX 2.50 +0.06 Cocoa's Woes Set to Dissolve, at Barrons.com describes near-term fundamentals. A few lines from the article: Several factors have pushed down cocoa prices for the 2011-2012

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-3488889639155073222011-11-17T12:52:00.000-05:002011-11-17T12:52:02.138-05:00

DJIA 11,753.09 -152.50 NASDAQ 2,587.05 -52.56 SP500 1,217.01 -19.90 DUG 27.59 +1.05. ProShares UltraShort Oil & Gas. Long at 27.55. TRX 2.49 -0.10. Tanzanian Royalty Exploration Corp. Selling long at 2.48 for .10 per share gain. SLV 30.41 -2.41 (-7.34%). Big down bar looks to retest 30.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-19155140963087082342011-11-16T18:20:00.009-05:002011-11-16T21:37:27.867-05:00

Dow 11,905.59 -190.57 Nasdaq 2,639.61 -46.59 SP500 1,236.91 -20.90 30-yrBond 3.0550% -0.0420 Oil hit 101 per barrel. GLD 171.51 -1.85 SLV 32.82 -0.84 PTM 18.81 -0.25 XLE 70.16 -1.07 XLF 12.71 -0.32 VXX 46.29 +2.16 CME 241.18 -16.33 (6.34%). Reports are CME new of a huge wire transfer of funds from MF Global to JP Morgan just before the MF Global bankruptcy. JEF 10.32 -0.70 (6.35%). Jefferies

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-71694055062039929112011-11-13T11:04:00.005-05:002011-11-13T11:04:00.312-05:00

Dow 12,153.68 +259.89 Nasdaq 2,678.75 +53.60 SP500 1,263.85 +24.16 Indices gapped higher then drifted higher throughout the day. TRX 2.84 +0.55 (24.02%). Regaining much of the loss from yesterday's open.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-69155673314397500982011-11-10T13:56:00.002-05:002011-11-10T14:03:08.927-05:00

DJIA 11,933.63 +152.69 NASDAQ 2,632.93 +11.28 SP500 1,242.66 +13.56 Indices rebounding from sell-off yesterday. Earlier this week gold tested and failed to hold above 1800. Silver looks weak. TRX 2.40 -1.02. Day range 1.56 - 3.44. Company says it is not aware of a specific cause for sell-off. Started tiny position of a few hundred shares at 2.40. Have larger purchase order at slightly

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-15748102360827248832011-11-07T17:43:00.017-05:002011-11-07T17:51:54.524-05:00

Dow 12,068.39 +85.15 Nasdaq 2,695.25 +9.10 SP500 1,261.12 +7.89 10-YrBond 1.99% -0.06 Commodities jumping higher with dollar flat. GLD 174.98 +4.13 SLV 34.08 +0.88 PTM 19.30 +0.31 XLE 71.65 +0.39 XLF 13.36 +0.07 VXX 42.82 -0.43 DMND 39.09 -7.31 (15.75%). Diamond Foods, Inc. 52 week range 38.45 - 96.13. MELA 5.16 +0.50 (10.73%). XG 8.85 +0.49 (5.86%). Extorre Gold Mines Limited. CNSL

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-37650766062027431842011-10-04T19:56:00.016-04:002011-10-04T20:52:53.258-04:00

Dow 10,808.71 +153.41 Nasdaq 2,404.82 +68.99 SP500 1,123.95 +24.72 30-yrBond 2.76% -0.00 Dramatic turnaround in stock indices set up a nice bounce. Indices opened lower, marked time, and ramped higher into close. GLD 157.64 -3.31 SLV 29.09 -0.40 PTM 16.89 -0.58 XLE 58.37 +1.85 XLF 11.73 +0.45 VXX 52.84 -3.99 (7.03%) CNSL 17.60 +0.60. 8.6% dividend. Consider to short next bounce: ANF 60.25 +

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-39314087858682356162011-10-02T05:36:00.018-04:002011-10-02T05:36:00.245-04:00

Dow 10,913.38 -240.60 Nasdaq 2,415.40 -65.36 SP500 1,131.42 -28.98 10-YrBond 1.92% -0.03 Precious metals were mixed and miners continued to fall. Large drop in COMEX gold and silver short positions. Copper continued to sell off. Consider buying at 2.9. GLD 158.06 +0.36 SLV 28.91 -1.05 PTM 17.64 -0.19 XLE 58.51 -1.77 XLF 11.81 -0.43 VXX 53.37 +3.51 EK 0.7801 -0.91 (-53.84%). Bankruptcy

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-20495573080783869112011-09-29T11:22:00.001-04:002011-09-29T11:22:27.374-04:00

DJIA 11,149.52 +138.62 NASDAQ 2,481.95 -9.63 SP500 1,158.24 +7.18 Pre-market prices were higher. Prices are fading along with Europe. Cleaned up some positions to raise cash. AUY 13.47 +0.01. Sold at 13.45 for 3.97 per share loss. DISH 26.75 -0.41. Sold at 26.84 for .45 per share loss. SSO 39.80 +0.51. Sold at 39.82 for .63 per share gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-63576938478647554982011-09-27T22:07:00.000-04:002011-09-27T22:07:42.332-04:00

Dow 11,190.69 +146.83 Nasdaq 2,546.83 +30.14 SP500 1,175.38 +12.43 30-yrBond 3.1160% +0.1140 GLD 160.63 +3.05 SLV 31.17 +1.40 PTM 18.13 +0.03 XLE 61.73 +0.89 XLF 12.26 +0.06 VXX 47.64 -0.96 TRX 3.54 -0.57 (13.87%). Tanzanian Royalty Exploration Corp. Volume came in at the end of the day at the lows. Price is back to January 2010.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-82991807565444801982011-09-26T19:17:00.022-04:002011-09-26T19:17:00.310-04:00

Dow 11,043.86 +272.38 Nasdaq 2,516.69 +33.46 SP500 1,162.95 +26.52. Looks to test 1170 tomorrow then 1201 and 1230. 30-yrBond 3.00% +0.13 Stock indices are bouncing and may strongly run higher into end-of-quarter window dressing. Dollar slightly lower, though not backing off. Gold tested 1550 and silver tested 26. Gold and silver made scary lower price tests, taking out stops, then recovered.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-40189960888526643282011-09-26T11:51:00.001-04:002011-09-26T11:56:37.003-04:00

DJIA 10,940.56 +169.08 NASDAQ 2,492.47 +9.24 SP500 1,149.09 +12.66 Last week stock indices were hit hard and commodities were hit harder. Dollar was higher and European uncertainty continued. A bounce, of unknown duration, may be starting. SSO 39.20 +1.01. Started 1/2 position at 39.19. DISH 27.60 +0.84. Possible purchase today.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-6204675958507560102011-09-22T17:58:00.000-04:002011-09-22T20:56:03.656-04:00

Dow 10,733.83 -391.01 (3.51%) Nasdaq 2,455.67 -82.52 (3.25%) SP500 1,129.56 -37.20 (3.19%). Volume is lightening up. Expecting bounce, maybe Friday after lunch, though it make take until Monday. On weekly chart, this stays above 1100 or it is heading to 1000. 10-YrBond 1.72% -0.16 Yesterday FOMC announced they will buy long bonds. Precious metals lower. Industrial metals continue lower, with

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-63125349979752240402011-09-21T13:00:00.000-04:002011-09-21T13:02:16.269-04:00

DJIA 11,371.08 -37.58 NASDAQ 2,599.41 +9.17 SP500 1,195.58 -6.51 Cleaning up some positions before FOMC announcement this afternoon. ZAGG 12.15 +0. Sold at 12.13 for 2.90 per share loss. Following momentum led to this loss.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-7048666148967616092011-09-18T04:48:00.039-04:002011-09-18T04:48:00.428-04:00

Dow 11,509.09 +75.91 Nasdaq 2,622.31 +15.24 SP500 1,216.01 +6.90. Consider shorting at 1230. 30-yrBond 3.34% -0.01 This week, the Federal Reserve, European Central Bank, Swiss National Bank and Bank of England acted together to provide liquidity to European banks to keep the banks from collapsing. The USA's private central bank known as the Federal Reserve is making 1/2 TRILLION dollars in

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-7109671437273166172011-09-12T20:34:00.018-04:002011-09-12T20:34:00.184-04:00

Dow 11,061.12 +68.99 Nasdaq 2,495.09 +27.10 SP500 1,162.27 +8.04. Lower on lighter volume then went higher. Look for retest of 1230. 10-YrBond 1.93% +0.02 After an open lower with dollar higher, dollar turned lower and stock indices went slightly higher with lighter volume. Precious metals recovered slightly from lows to put in a down day. European stock indices had a big down day. European

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-15418253744878940962011-09-12T14:28:00.000-04:002011-09-12T14:33:47.870-04:00

DJIA 10,853.07 -139.06 NASDAQ 2,447.63 -20.36 SP500 1,139.52 -14.71 Dollar slightly higher. Metals lower. Look for precious metal bounce here - gold ~1800 and silver ~40. World stock indices haven't bounced. EWG 17.28 -0.54. Stop hit to close long at 17.29 for 2.09 per share loss.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-13559590005987615122011-09-08T19:39:00.000-04:002011-09-08T19:39:00.133-04:00

Dow 11,295.81 -119.05 Nasdaq 2,529.14 -19.80 SP500 1,185.90 -12.72 30-yrBond 3.31% -0.0440 Dollar higher. Precious metals higher. Stock indices lower. GLD 181.81 +4.73 SLV 41.22 +0.69 PTM 21.82 +0.46 XLE 67.11 -0.79 XLF 12.63 -0.28 VXX 41.86 +0.67 Is this a slight pullback in a trading rally? Setting up for a long term rally like QE1 and QE2? Will stimulus come from a federal government

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-2316654686457920932011-09-07T20:45:00.022-04:002011-09-07T20:45:00.254-04:00

Dow 11,414.86 +275.56 Nasdaq 2,548.94 +75.11 SP500 1,198.62 +33.38 10-YrBond 2.04% +0.06 World stock indices are bouncing. Play the bounce for a few days. GLD 177.08 -5.82 SLV 40.53 -0.52 PTM 21.36 -0.41 XLE 67.90 +2.40 XLF 12.91 +0.59 VXX 41.19 -1.53 AGQ 225.39 -5.69. Sold at 225.72 for 7.69 per share gain. Also, started tiny position at 227.39. EWG 19.46 +0.75. Long at 19.38. REGN 71.27

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-55941791857586819732011-09-07T12:54:00.000-04:002011-09-07T12:54:48.536-04:00

DOW 11,337.06 +197.76 NASDAQ 2,530.24 +56.41 SP500 1,190.70 +25.46 World stock indices bouncing. Oversold equity bounce or more sustainable? When to buy relative performers? German court ruled further bailouts are OK. Buy Germany via EWG or SAP? Silver underperforming. Gold apparently manipulated lower. Hesitant about silver. Many people want to short US government bonds. The manipulation

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-86432123019881633732011-09-06T21:37:00.000-04:002011-09-07T01:08:12.958-04:00

Dow 11,139.30 -100.96 Nasdaq 2,473.83 -6.50 SP500 1,165.24 -8.73 10-YrBond 1.98% -0.02 USA markets were closed yesterday for Labor Day. World markets sold off Monday and Tuesday. Stock indices gapped lower and closed at days highs. Dollar made made big move higher to test 76. Early Tuesday morning, Swiss central bank devalued their currency (effectively pegging it to Euro) about 8%. Price of

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-41803918001697352972011-09-04T13:46:00.008-04:002011-09-04T13:46:01.012-04:00

Dow 11,240.26 -253.31 Nasdaq 2,480.33 -65.71 SP500 1,173.97 -30.45 30-yrBond 3.31% -0.20 USA markets will be closed on Monday. GLD 183.24 +5.37 (3.02%) SLV 42.18 +1.66 (4.1%) PTM 22.03 +0.41 (1.9%) XLE 66.22 -1.90 (2.79%) XLF 12.54 -0.54 (4.13%) VXX 41.48 +1.99 (5.04%) Dollar higher. Precious metals higher. Copper lower. Oil lower. Stock indices gapped lower on open and closed near low of

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-72970180530913203412011-09-02T13:10:00.000-04:002011-09-02T13:10:30.875-04:00

DOW 11,296.00 -197.57 NASDAQ 2,496.42 -49.62 SP500 1,181.26 -23.16 Indices gapped down on the open. Copper and oil lower. Precious metals higher. Dollar higher. SDS 23.94 0.95 (4.13%). Tightened trailing stop of SP500 short from 2% to 1%. Expecting to be taken out today.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-48464046788961523772011-09-01T15:37:00.000-04:002011-09-01T15:37:42.402-04:00

DOW 11,512.34 -101.19 NASDAQ 2,547.79 -31.67 SP500 1,206.08 -12.81 Indices up 80% of time before holiday. Markets look weak, so they may be lower tomorrow. Staying with positions of long gold, long silver, short SP500. GLD 177.76 +0.04 SLV 40.45 +0.00

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-32722540622454040882011-08-30T19:59:00.004-04:002011-08-30T19:59:00.413-04:00

DOW 11,559.64 +20.39 NASDAQ 2,576.11 +14.00 SP500 1,212.89 +2.81. Repelled at 1220. Stock indices went slightly higher with light volume. Precious metals nice move higher. AGQ 224.22 +7.22 DGP 68.45 +3.52. Long at 68.50 near end of day. Had expected silver to be stronger than gold, but gold is pulling higher quicker than silver. SDS 22.80 -0.09. Long at 23.05. ProShares UltraShort S&P 500.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-79540648019853436472011-08-30T12:50:00.000-04:002011-08-30T12:56:37.468-04:00

DJIA 11,506.67 -32.58 NASDAQ 2,557.84 -4.27 SP500 1,205.24 -4.84. Failing to hold 1210, there will be battles around this number the remainder of the day. Dollar higher. Precious metals higher. Stock indices turning lower. SDS 23.018 +0.13. Long at 23.05. ProShares UltraShort S&P 500. Was useful to wait until today to short the index, instead of shorting near end of day yesterday.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-83811651863020277202011-08-29T19:45:00.036-04:002011-08-29T19:45:00.256-04:00

Dow 11,539.25 +254.71 Nasdaq 2,562.11 +82.26 SP500 1,210.08 +33.28 30-yrBond 3.62% +0.09 Stock indices higher on lighter volume and closed at highs. Was looking for SP500 1208 area to short. Fifteen minutes before close at 1209 was looking at SH as short vehicle. Decided to wait for possible short covering gap higher tomorrow morning. Looking for a big move - which direction? Precious metals

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-43691303752575663572011-08-29T11:00:00.010-04:002011-08-29T11:04:07.010-04:00

DJIA 11,448.13 +163.59 NASDAQ 2,530.35 +50.50 SP500 1,197.01 +20.21 Precious metals sold off at the open. After an hour of bumping near the morning lows with no further downside, price is recovering. AGQ 217.90 -6.40. Silver double long. Started 1/2 long position at 218.03. Watch how it handles 221.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-67133596652400893662011-08-27T23:24:00.008-04:002011-08-28T02:10:07.902-04:00

Dow 11,284.54 +134.72 Nasdaq 2,479.85 +60.22 SP500 1,176.80 +17.53 10-YrBond 2.19% -0.03 Dollar lower and closed at lows. Precious metals higher and closed at highs. GLD 177.47 +5.11 SLV 40.41 +0.41 PTM 21.36 +0.06 XLE 65.81 +1.25 XLF 12.77 +0.11 VXX 41.07 -0.65 This week, margin for futures contracts on gold was raised. Following the script of the silver take-down earlier this year, will

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-58102268107128430312011-08-25T10:30:00.000-04:002011-08-25T10:30:13.420-04:00

DOW 11,215.82 -104.89 NASDAQ 2,441.70 -25.99 SP500 1,167.49 -10.11 DGZ 12.08 0.18. Sold overnight long at 12.07 for .20 per share gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-20670596619078943462011-08-24T20:00:00.019-04:002011-08-24T20:00:00.205-04:00

Dow 11,320.71 +143.95 Nasdaq 2,467.69 +21.63 SP500 1,177.60 +15.25 30-yrBond 3.61% +0.14 Dollar slightly higher. Financials recovered. Gold futures margins raised 27%, which will put several more days of pressure on the price of gold. Metals sharply lower, for second day. GLD 171.64 -6.02 SLV 38.83 -1.80 PTM 21.16 -0.75 XLE 65.95 +0.39 XLF 12.70 +0.33 VXX 40.90 -0.87 AGQ 208.50 -20.99 (

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-27900381441870854302011-08-20T14:34:00.093-04:002011-08-20T14:34:00.323-04:00

Dow 10,817.65 -172.93 Nasdaq 2,341.84 -38.59 SP500 1,123.53 -17.12 10-YrBond 2.07% -0.01 Dollar was sharply lower Friday morning, particularly against the Yen. Dollar recovered a little of the losses. Thursday overnight and into Friday morning was bad news and world markets looking to pull USA markets lower. There was significant fear Thursday night. Friday USA stock indices held up. Stock

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-64460565377801617102011-08-18T18:09:00.012-04:002011-08-18T18:09:00.492-04:00

Dow 10,990.58 -419.63. Closed below round number 11,000. Nasdaq 2,380.43 -131.05. SP500 1,140.65 -53.24. Bulls need solid move above 1150. Nyse 7,079.41 -339.53 30-yrBond 3.44% -0.13 Dollar up. Oil down. Gold, silver and platinum up. Gold at all-time highs and most miners lower. Stock indices gapped lower and are testing key levels. Indices did not bounce during the day with small

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-27839308706758283072011-08-17T19:15:00.019-04:002011-08-17T19:15:00.487-04:00

Dow 11,410.21 +4.28 Nasdaq 2,511.48 -11.97 SP500 1,193.89 +1.13 30-yrBond 3.57% -0.08 GLD 174.42 +0.50 SLV 39.33 +0.30 PTM 21.50 +0.25 XLE 68.34 +0.27 XLF 13.01 +0.08 VXX 33.53 +0.66 Today, 17th, was big astro cycle day. Dollar lower and looks to go lower ... to test 72. Expecting stock indices to move higher. Metals slightly higher. Gold is building a base to retake 1800. Silver closed above

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-21406658763127162052011-08-17T12:55:00.000-04:002011-08-17T12:55:08.723-04:00

DOW 11398.48 -7.45 NASDAQ 2509.50 -13.95 SP500 1194.17 +1.41 10Yr.T-Note 2.183% -0.31 Looking for stock index strength to accelerate. Metals remain strong, with silver over 40. BGU 56.91 -0.12. Increased long position at 57.1. AUY 15.45 +0.21. Strong miner. MDW 2.23 +0.00

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-55686207246669698752011-08-16T18:16:00.005-04:002011-08-16T18:16:00.638-04:00

Dow 11,405.93 -76.97 Nasdaq 2,523.45 -31.75 SP500 1,192.76 -11.73 10-YrBond 2.21% -0.07 Dollar and oil mostly flat. Gold closed higher at 1778.50. Silver closed higher 39.87, and is trading at 40 round number after hours. Metals weekly closes will be important. GLD 173.92 +2.12 SLV 39.03 +0.36 PTM 21.25 +0.17 XLE 68.07 -1.15 XLF 12.93 -0.26 VXX 32.86 +0.68

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-57352504424850494502011-08-15T18:44:00.018-04:002011-08-15T19:34:39.721-04:00

Dow 11,482.90 +213.88 Nasdaq 2,555.20 +47.22 SP500 1,204.49 +25.68. Going for 1249. 30-yrBond 3.7470% +0.0440 Dollar down. Metals up. Oil barely positive. Gold back above Jim Sinclair's 1764 "angel". Consider selling gold at 1781 later this week, unless it runs into 1800. Option expiry week. Stock indices look to go a little higher into Wednesday. Happy Birthday, Free-Floating U.S. Dollar

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-55275108436349517922011-08-14T14:03:00.011-04:002011-08-14T14:03:00.129-04:00

Dow 11,269.02 +125.71 Nasdaq 2,507.98 +15.30 SP500 1,178.81 +6.17 10-YrBond 2.2370% -0.0990 Another record closing high for gold. CME raised gold margins 22%. GLD 169.97 -0.78 SLV 38.12 +0.32 PTM 21.01 +0.07 XLE 66.96 +0.49 XLF 12.78 -0.09 VXX 34.13 +0.35 EDZ 23.32 +0.03. Closed at 23.33 for per 5.92 pershare loss. Really bad trade that chased the end of a move. At least it was a tiny tiny

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-60026911968422985622011-08-11T23:13:00.002-04:002011-08-11T23:45:16.200-04:00

Dow 11,143.31 +423.37 Nasdaq 2,492.68 +111.63 SP500 1,172.64 +51.88 10-YrBond 2.3360% +0.1990 The carnival ride continues. CME raised gold margin requirement 22%. GLD 170.75 -3.83 SLV 37.80 -0.64 PTM 20.94 +0.28 XLE 66.47 +3.28 (5.19%) XLF 12.87 +0.68 (5.58%) VXX 33.78 -1.39 (3.95%)

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-82179555549889523472011-08-10T20:49:00.025-04:002011-08-10T21:02:01.205-04:00

Dow 10,719.94 -519.83 (4.62%). Big problem below 10604. Nasdaq 2,381.05 -101.47 (4.09%) SP500 1,120.76 -51.77 (4.42%) 30-yrBond 3.54% -0.04 Reversing yesterday's upside action, indices down. This massive volatility is good for traders but investors will be stepping away from the casino. Dollar up. Gold over 1800. Silver and platinum higher. Oil lower. GLD 174.58 +5.97 (3.54%) SLV 38.44 +

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-39450014832544456042011-08-09T20:13:00.011-04:002011-08-09T20:13:00.196-04:00

Dow 11,239.77 -429.92 Nasdaq 2,482.52 -124.83 SP500 1,172.53 -53.07 30-yrBond 3.57% -0.09 Indices turned red as The Bernank was speaking, then recovered and ramped higher into the close. Indices making a decent bottom and are setting up for a nice bounce. Dollar lower. Crude at $80 has had a huge price plunge. Gold price intraday higher than platinum price. This is a rare event. Purchased

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-18880917272710864072011-08-08T19:59:00.001-04:002011-08-08T20:39:02.646-04:00

Dow 10,809.85 -634.76 (5.55%). Weekly close below 10,800 would be extremely negative. Nasdaq 2,357.69 -174.72 (6.90%). Semiconductors showed some relative strength. This may be first index to bounce. SP500 1,119.46 -79.92 (6.66%). Huge volume. Straight down to October 2008 monthly levels. 30-yrBond 3.66% -0.16. Even after Standard & Poor's downgraded USA debt, money moved into bonds pushing

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-34875454252187344352011-08-07T10:25:00.078-04:002011-08-07T10:25:00.226-04:00

Dow 11,444.61 +60.93 Nasdaq 2,532.41 -23.98. Another huge volume down day. SP500 1,199.38 -0.69 30-yrBond 3.8230% +0.1010 Massive downtick of -1752 portends a bounce. Margin calls will be happening early next week, so Monday might open down. GLD 161.75 +1.11 SLV 37.32 -0.29 PTM 20.06 -0.13 XLE 68.07 -0.66 XLF 13.43 -0.26 VXX 30.31 +1.42 (4.92%) USA major stock indices are negative for the

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-35781826421911556252011-08-05T12:12:00.002-04:002011-08-05T12:14:44.176-04:00

DOW 11,260.17 -123.51 NASDAQ 2,494.32 -62.07 SP500 1,180.41 -19.66 SDS 25.20 +0.71. Trailing stop sold at 25.28 for .12 per share gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-92002616352009294682011-08-05T12:07:00.000-04:002011-08-05T12:07:44.726-04:00

DOW 11,191.52 -192.16 NASDAQ 2,477.03 -79.36 SP500 1,172.86 -27.21 Gold holding while silver let loose to the downside. ZSL 14.80 +0.72. ProShares UltraShort Silver. Long at 14.85. Will hold for a few days of more selling and volatility.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-2672636693285097942011-08-05T11:46:00.000-04:002011-08-05T11:46:22.091-04:00

DOW 11,280.75 -102.93 NASDAQ 2,507.33 -49.06 SP500 1,183.83 -16.24 SDS 25.12 +0.63. Double short SP500. Long at 25.17. Another try, with smaller position size. Trailing stop .50.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-56272188733985701912011-08-05T11:33:00.000-04:002011-08-05T11:33:48.859-04:00

DOW 11,297.25 -86.43 NASDAQ 2,519.70 -36.69 SP500 1,188.51 -11.56 AGQ 200.40 +2.77. Stopped out at 199.3 for 6.2 per share loss on small position. SDS 25.02 +0.53. Stopped out at 24.76 for .02 per share gain.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-35283784634087758092011-08-05T11:18:00.003-04:002011-08-05T11:19:06.985-04:00

DOW 11,266.71 -116.97 NASDAQ 2,512.34 -44.05 SP500 1,184.29 -15.78 Major stock indices dropping below daily low. Waterfall cascade. AGQ 201.58 +3.95 SDS 25.08 +0.59

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-73744975839323509032011-08-05T11:07:00.000-04:002011-08-05T11:07:40.535-04:00

DOW 11,337.89 -45.79 NASDAQ 2,530.75 -25.64 SP500 1,193.25 -6.82 AGQ 205.22 +7.59 (+3.84%). Double long silver. Long at 205.5. Trailing stop $5, currently just below low of day. SLV 38.28 +0.67.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-66984274401845657132011-08-05T10:50:00.000-04:002011-08-05T10:50:20.777-04:00

DOW 11,344.06 -39.62 NASDAQ 2,531.89 -24.50 SP500 1,194.22 -5.85 Stock indices unable to hold small gains, and turning into negatives. Re-entering short with less leverage. SDS 24.76 +0.27. Double short SP500. Long at 24.74. Trailing stop .50.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-47426874500967165842011-08-05T10:10:00.000-04:002011-08-05T10:10:14.310-04:00

DOW 11,351.52 -32.16 NASDAQ 2,519.28 -37.11 SP500 1,191.41 -8.66 Big market decline yesterday with big volume. This morning after opening higher, markets moving lower. In the future, much lower prices are setting up. BGU 59.25 -1.15. Sold at 58.77 for for 11.16 per share loss. Day stop from Wednesday had expired and a new trailing stop was not entered and was away from the markets Thursday.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-79357452758242736682011-08-03T15:01:00.000-04:002011-08-03T15:01:09.589-04:00

DOW 11,852.69 -13.93 NASDAQ 2,685.96 +16.72 SP500 1,255.34 +1.29 BGZ 39.64 -0.08. Stopped out at 39.53 for .43 per share loss. BGU 69.91 +0.21. Bought at 69.93. Tailing stop 1.1.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-85061190878686071962011-08-03T14:48:00.000-04:002011-08-03T14:48:03.195-04:00

DOW 11,821.21 -45.41 NASDAQ 2,678.81 +9.57 SP500 1,251.44 -2.61 Indices not moving higher to hold gains, and starting to roll lower. MWJ 42.66 -0.29. DIREXION DAILY MID CAP BULL 3X. Trailing stop sold at 42.68 for .46 per share loss. BGZ 39.77 +0.05. DIREXION DAILY LARGE CAP BEAR 3X. Long at 39.97. Trailing stop .5.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-38148990201596643922011-08-03T14:08:00.008-04:002011-08-03T14:13:36.931-04:00

DOW 11,855.98 -10.64 NASDAQ 2,683.64 +14.40 SP500 1,255.32 +1.27 MDW 2.51 -0.06. Has been a nice run with this miner stock and for the metals. Sold at 2.51 for 1.86 per share gain. MWJ 42.96 +0.01. DIREXION DAILY MID CAP BULL 3X. Bought small position at 43.14. Trailing stop .50.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-90581083070455982762011-08-02T20:06:00.012-04:002011-08-02T20:06:00.681-04:00

Dow 11,866.62 -265.87. Sold off into the close. Nasdaq 2,669.24 -75.37 SP500 1,254.05 -32.89 10-YrBond 2.62% -0.12 General index buy, for a bounce, did not materialize. Politicians must be nervous and QE3 is nearing. European indices sharply lower. Swiss Franc sharply higher. ^TYX 3.92 -0.15 (3.73%). Treasury Yield 30 Years. Yield below 4%. GLD 161.52 +3.80 SLV 39.82 +1.53 PTM 20.91 +

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-38244101207307029192011-08-02T11:44:00.000-04:002011-08-02T11:44:12.564-04:00

DOW 12,024.95 -107.54 NASDAQ 2,720.76 -23.85 SP500 1,272.43 -14.51 If the lows hold, may go long a general index. SLV 39.19 +0.90. Sold at 39.2 for .3 per share gain. MDW 2.58 +0.06. Put on wide 10% trailing stop.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-74184418851795779432011-08-01T20:17:00.017-04:002011-08-01T20:17:00.487-04:00

Dow 12,132.49 -10.75 Nasdaq 2,744.61 -11.77 SP500 1,286.94 -5.34 30-yrBond 4.07% -0.06 Stock indices opened higher and sold off for a couple hours, before recovering. Likely federal debt ceiling increase this evening. GLD 157.72 -0.57 SLV 38.29 -0.56 PTM 20.9 +0.14. Relative strength in metals. XLE 76.34 -0.11 XLF 14.75 -0.04 VXX 22.41 -1 GM 28.07 +0.39. 52 week range 27.31 - 39.48. MDW 2.52

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-36398234525576976102011-07-31T20:11:00.000-04:002011-07-31T16:42:06.380-04:00

Dow 12,143.24 -96.87 Nasdaq 2,756.38 -9.87 SP500 1,292.28 -8.39 30-yrBond 4.13% -0.13 GLD 158.29 +0.97 SLV 38.85 +0.09 PTM 20.76 -0.14 XLE 76.45 -0.77 XLF 14.79 -0.04 VXX 23.41 -0.43 Dollar lower. Oil at 95.86 had 7th week below 100. Gold at all-time record high. Weekly gold close above 1650 will be very bullish (watch copper). Gold had second largest monthly incurease (largest monthly

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-64210522175933149932011-07-29T13:11:00.001-04:002011-07-29T13:11:14.812-04:00

Dow 12,167.84 -72.27 Nasdaq 2,760.34 -5.91 SP500 1,294.96 -5.71 30-yrBond 4.18% -0.08 Stock indices unable to get traction higher. SLV 38.84 +0.08. Needs to hold 38.8. Considering holding over the weekend for a Sunday night / Monday morning pop to 41.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-74438115081141827122011-07-29T12:56:00.000-04:002011-07-29T12:56:04.404-04:00

Dow 12,173.89 -66.22 Nasdaq 2,761.96 -4.29 SP500 1,295.56 -5.11 30-yrBond 4.1810% -0.0760 SLV 38.86 +0.1. Bought at 38.9 for day trade. Set .5 day trailing stop.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-65987568950076669842011-07-29T12:10:00.001-04:002011-07-29T12:10:37.801-04:00

Dow 12,175.59 -64.52 Nasdaq 2,763.09 -3.16 SP500 1,297.33 -3.34 30-yrBond 4.19% -0.07 BGU 77.42 -0.67. Stopped out at 77.73 for .7 per share loss.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-51554049083983278972011-07-29T11:13:00.001-04:002011-07-29T11:16:43.078-04:00

Dow 12,230.69 -9.42 Nasdaq 2,776.43 +10.18 SP500 1,302.37 +1.70 30-yrBond 4.18% -0.08 Playing a equity bounce. Metals may have put in their high for the day. BGU 78.19 +0.10. Bought at 78.43. Day trailing stop $1. MDW 2.47 +0.07

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-64753659045723280452011-07-28T20:48:00.027-04:002011-07-29T11:13:41.186-04:00

Dow 12,240.11 -62.44. Below 12,200 may set off deeper slide. Nasdaq 2,766.25 +1.46 SP500 1,300.67 -4.22. June 1262 and 1249 are tomorrow. 10-YrBond 2.95% -0.03 Political wrangling about debt ceiling continues before the supposed August 2 budget deadline. When this resolves, there could be a relief rally with correspondent selling of safe-haven metals. Wanted to lighten up on metals before

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-49495622627399279192011-07-26T21:18:00.012-04:002011-07-26T21:18:00.349-04:00

Dow 12,501.30 -91.50 Nasdaq 2,839.96 -2.84 SP500 1,331.94 -5.49 10-YrBond 2.95% -0.05 GLD 157.77 +0.43 SLV 39.89 +0.58 PTM 21.11 +0.25 XLE 79.03 -0.38 XLF 15.19 -0.02 VXX 22.00 +0.48 Poor action on the major stock indices. Another strong showing by gold and silver. Dollar dramatically lower. BAC 10.00 -0.01 MMM 89.93 -5.14 UPS 71.59 -2.46. Could be indicating nationwide economic weakness.

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-39856299749197083442011-07-24T11:53:00.016-04:002011-07-26T16:38:44.949-04:00

Dow 12,681.16 -43.25 Nasdaq 2,858.83 +24.40 SP500 1,345.02 +1.22 10-YrBond 2.96% -0.05 GLD 156.12 +1.29 SLV 39.07 +0.76 PTM 20.99 +0.18 XLE 79.73 +0.40 XLF 15.32 -0.04 VXX 20.73 -0.15 Gold closed above 1600 and silver closed above 40. Dan Norcini said, "Only in America in the age of hedge fund computer algorithms could we get an upside reaction in stocks and a downside reaction in gold on

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-11463999839132822932011-07-17T21:41:00.018-04:002011-07-18T00:15:25.577-04:00

Dow 12,479.73 +42.61 Nasdaq 2,789.80 +27.13 SP500 1,316.14 +7.27. Close of 1316+ is great for the bulls, though intraday strong open and weak close lifts the bear's spirits. 10-YrBond 2.91% -0.04 While some key stocks had been breaking down, headline indices have powered higher. Metals higher with gold (quietly) powering to a new high. I had dinner with a couple who are worth $10M+. I

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-68080084518773750062011-07-10T14:18:00.000-04:002011-07-10T14:18:00.689-04:00

Dow 12,657.20 -62.29 Nasdaq 2,859.81 -12.85 SP500 1,343.80 -9.42 10-YrBond 3.02% -0.13 GLD 150.25 +1.10 SLV 35.75 +0.25 PTM 20.24 -0.17 XLE 76.89 -0.65 XLF 15.46 -0.20 VXX 20.35 +0.24 Lousy jobs report with government claiming unemployment at 9.2%. John Williams of ShadowStats.com says the real unemployment is 22.7%. The excuse of the March tsunami in Japan is wearing thin. Both gold and

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-27117607202239823572011-06-19T21:11:00.001-04:002011-06-19T23:01:44.274-04:00

Dow 12,004.36 +42.84 Nasdaq 2,616.48 -7.22 SP500 1,271.50 +3.86 10-YrBond 2.9440% +0.0035 GLD 149.94 +0.97 SLV 34.95 +0.30 PTM 20.54 -0.04 XLE 71.68 -0.44 XLF 14.89 +0.08 VXX 25.24 -0.50 Gold futures margins were lowered by CME. Silver futures margins were higher than gold and were not changed. While many USA States have larger deficits than Greece, all eyes this week were on Greece. Alan

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-59148621862066436532011-06-15T23:17:00.025-04:002011-06-16T00:00:59.375-04:00

Dow 11,897.27 -178.84 Nasdaq 2,631.46 -47.26 SP500 1,265.42 -22.45 10-YrBond 2.9730% -0.0126 GLD 149.12 +0.45 SLV 34.88 +0.21 PTM 20.81 -0.23 XLE 72.02 -1.69 XLF 14.73 -0.32 VXX 24.43 +1.91 (8.48%) Dollar 75.53 +1.06. Big move higher on euro weakness. Considering dramatic move higher in dollar, metals held up very well. Consumer Price Index numbers were released today. Higher numbers

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-70826049324562689302011-06-13T22:24:00.005-04:002011-06-16T00:01:25.617-04:00

Dow 11,952.97 +1.06. After last week, 12k is now resistance. Nasdaq 2,639.69 -4.04 SP500 1,271.83 +0.85 10-YrBond 2.99% +0.00 GLD 147.77 -1.47 SLV 33.87 -1.38 PTM 21.11 -0.33 XLE 72.17 -1.16 XLF 14.98 +0.15 VXX 23.24 +0.38 DX-Y.NYB 74.58 +0.07. US Dollar Index Futures Cash. CEF is still at a negative premium of 2.9% (the March 29 share offering that dropped the price). This could be time

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-39213145077176497422011-06-06T18:16:00.021-04:002011-06-06T18:25:12.237-04:00

Dow 12,089.96 -61.30 Nasdaq 2,702.56 -30.22 SP500 1,286.17 -13.99 10-YrBond 3.0020% +0.0050 Another down day tomorrow will set up a nice bounce. DX-Y 74.01 +0.31. US Dollar Index Futures Cash GLD 150.48 +0.26 SLV 35.71 +0.37 PTM 21.22 -0.09 XLE 73.56 -1.70 XLF 14.93 -0.29. 52 week range 13.29 - 17.20. VXX 22.75 +0.38 JAG 4.64 -0.32 (6.45%). Jaguar Mining Inc Ordinary Shar. 52 week range

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-30578506631250356412011-05-21T19:45:00.003-04:002011-05-21T19:45:00.376-04:00

Dow 12,512.04 +93.28Nasdaq 2,803.32 +19.99SP500 1,333.27 +10.3330-yrBond 4.30% +0.00GLD 147.49 +1.84SLV 34.18 -0.08PTM 20.76 -0.00XLE 74.63 -0.09XLF 15.72 -0.22VXX 22.76 +0.22Dollar index 75.43 +.31.Bill Cara had a great weekend review article recently. In part:This is a time, when capital markets are not free, i.e., when the public sector is in control of the private sector, that astounding

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-12617616770892476182011-05-08T13:59:00.004-04:002011-05-08T13:59:00.199-04:00

Dow 12,638.74 +54.57Nasdaq 2,827.56 +12.84SP500 1,340.20 +5.1030-yrBond 4.30% +0.01Euro and dollar had little movement, in relation to wdespread commodity pullback. Watching dollar to see if it confirms commodity sell off with rising dollar.Precious metals sharply lower (though rose into the weekend). Silver pummeled. In past two weeks, COMEX made multiple moves to raise silver margin

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-36897781750300523592011-04-24T08:42:00.007-04:002011-04-24T08:42:00.141-04:00

Dow 12,505.99 +52.45Nasdaq 2,820.16 +17.65SP500 1,337.38 +7.0210YrBond 3.40% +0.00Oil 112.29 +0.84. Cost push inflation will work through the economy, squeezing margins and then squeezing consumers.GLD 146.74 +0.24SLV 45.535 +1.414PTM 21.32 +0.2199XLE 78.98 +0.36XLF 16.10 +0.09VXX 24.88 -0.77 Short trading week.The dollar tested 73 and closed down at 74.06. The dollar is sick, though due for a

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-46375141747752673012011-04-20T20:42:00.002-04:002011-04-20T20:42:00.526-04:00

Dow 12,453.54 +186.79Nasdaq 2,802.51 +57.54SP500 1,330.36 +17.7430-yrBond 4.4540% +0.0270Precious metals higher. Silver made large percentage gain to close at 44.5. The intraday high in 1980 was 49.45.Oil fractionally higher.Dollar collapsed and is at 74.35 after hours. Look for a $1 bounce that will force later-comer commodity longs to sell.GLD 146.5 +0.57SLV 44.12 +1.12PTM 21.10 +0.36XLE

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-6961754121025641652011-04-19T22:59:00.002-04:002011-04-19T23:41:32.484-04:00

Dow 12,266.75 +65.16Nasdaq 2,744.97 +9.59SP500 1,312.62 +7.4810YrBond 3.3560% -0.0150Dollar closed below 75.Oil closed up, at 108.15.Silver closed at 43.92, up .92. Mining shares continue to lag precious metals.GLD 145.93 +0SLV 43 +0.58PTM 20.73 -0.25XLE 76.81 +0.77XLF 15.97 +0.05VXX 26.77 -1.36

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-38804889908275477522011-04-18T20:48:00.002-04:002011-04-18T20:48:00.673-04:00

Dow 12,201.59 -140.24Nasdaq 2,735.38 -29.27SP500 1,305.14 -14.5430-yrBond 4.45% -0.01PMs didn't sharply move higher on S&P caution on USA debt. Is this really news? Nice recovery day by silver, though both gold and silver are overbought. Gold 1500 and silver 43.6 are important levels to test tomorrow.GLD 145.93 +0.88SLV 42.42 +0.58PTM 20.99 +0.04XLE 76.04 -1.15XLF 15.92 -0.22VXX 28.13 +

twonoreply@blogger.com0tag:blogger.com,1999:blog-18259565.post-41253702136159332842011-04-17T13:16:00.013-04:002011-04-17T13:16:00.303-04:00

Dow 12,341.83 +56.68Nasdaq 2,764.65 +4.43SP500 1,319.68 +5.1610-YrBond 3.41% -0.08WTI crude oil touched 110 intraday. Futures margins were increased Thursday, with little apparent impact.Gold broke through 1478, which it had tested several times. Closed at 1485. Expect a fight around 1510. Big private money is buying physical gold:The University of Texas Investment Management Co., the

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