20091202 PM

Dow 10,452.68 -18.90. New yearly high then turned lower.
Nasdaq 2,185.03 +9.22
SP500 1,109.24 +0.38. Pushing at overhead resistance, though with lighter volume.
10-YrBond 3.32% +0.0480

Dollar 74.643 +0.278. Dollar higher AND metals higher. With dollar going higher, was looking for a metals pullback and therefore sold metal position AGQ.

GLD 119.21 +1.83. A weekly close above 1254 and gold may start moving up $100 per day. Mainstream talk is turning toward being bullish gold. Is anyone bearish gold? It would be long-term bullish if gold first pulls back to 1050s before going above 1254.
SLV 18.91 +0.13
PTM 19.73 +0.61

XLE 57.13 -0.44
XLF 14.64 -0.03

AGQ 73.89 +0.89. Sold at 73.27.
NGD 4.16 +0.39. Heavy volume during day then spiking higher into the close, so went long at the close at 4.16. May pick up a little more in the morning if it opens lower.

AAPL 196.23 -0.74. Fractionally lower with volume.
GS 166.66 -0.97

CNSL 15.79 +0.24. Nice price move off the recent pullback.

FXP 7.59 -0.04

Metals:
AEM 67.69 +2.23
ANO 0.8692 -0.0408
EXK 3.90 -0.05
GBG 1.71 +0.10 on heavy volume. Starting up production, so is good stock to accumulate over next few months.
JJC 44.75 +0.68
MMG 0.90 +0.07. 52 week high.
RBY 4.51 -0.02
ROY 4.70 +0.07
SLW 17.30 +0.30
TRE 3.80 +0.04