Dow 8,924.14 +359.61 (4.20%)
Nasdaq 1,589.89 +81.55 (5.41%)
S&P 500 913.18 +44.61 (5.14%)
Gold 858 +21. Looking for another 80 higher into 940.
Fed cut interest rates to zero and said it will buy more debt. Free money!
Dollar down on Fed announcement. Week dollar is good for market indices to go up.
TLT 116.46 +2.47. Waiting for a failure to short it. Possibly could rally through the calendar year while everyone gets to a "safe" place to square out the year.
HIG 17.28 +3.31. 8% dividend. Lots of upside potential - to 25s - if the volume picks up.
MFC 17.64 +1.15. If it tests 15s on lighter volume, look to buy.
GNW 3.49 +.69. Don't chase.
XLF 12.93 +1.30.
FAS 26.09 +5.81 (28.65%). Direxion Financial Bull 3X. Looking for 30 quickly then check volume when it reaches 32. Could try to scalp this the next couple days.
L 29.12 +2.34. Going to 34 - 35.
MGM 13.48 +1.98. They sold a property yesterday at a loss. Look for three more points quickly.
CSX 33.95 +2.57. Railroad. Buy.
GNCMA 8.18 +.95.
GBN GBG 1.31 +.17. Hold this long for 2.63. Then consider selling some and keeping the remainder for long term. This has volume at highs at 3.85.
TRE 4.17 +.42. Needs volume to sustain move past 4 1/2.
VGZ 1.4599 +.0699.
DIG 31.44 +1.87.
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