Dow 7,062.93 -119.15. Broke November 21 2008 low with some volume.
Nasdaq 1,377.84 -13.63
SP500 735.09 -17.74.
30-yr Bond 3.722% +.076
Indices continue to sell off on lighter volume. There are no buyers.
GLD 92.63 -.43
SLV 12.88 -.09
PTM 13.08 +.22. The last couple days platinum has been up while gold & silver have been down. Interesting divergence. While platinum has ground to make up, the expectation has been that reduced car sales will keep the lid on the price of platinum (catalytic converters). Is platinum moving from an industrial metal to a store of value or money?
EEE .80 +.10 (14.29%). Day range .68 - .80. 52 week range .23 - 2.50. Will be some resistance at 1.
RGR 9.42 +.32. Sturm, Ruger & Co. Inc. 52 week high.
ERJ 10.81 -.54. Closed at 52 week low. Looks to drop off the cliff soon.
DRYS 3.47 -.12
XLF 7.60 -.53 (6.52%).
HIG 610 -1.06 (14.80%). Looks to test 4.16 from November 2008.
MFC 10.15 -1.12 (9.94%). Looks to go much lower.
C 1.50 -.96 (39.02%). Huge volume.
SLM 4.60 -1.20 (20.69%)
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