20100525 PM

Dow 10,043.75 -22.82
Nasdaq 2,210.95 -2.60
SP500 1,074.03 +0.38. Day range 1,040.78 - 1,074.75.
10-YrBond 3.16% -0.69

The recent "flash crash" took a lot of downside energy from the market. In the past week a slow move back to that price point, along with the gap down today, caused an oversold situation. There simply was not enough downside energy to keep the indices lower today.
Indices steadily ramped higher from 2PM until the close. Look for follow-through tomorrow with higher prices.

GLD 117.36 +0.52
SLV 17.54 -0.02. Can bounce .80 or .90 higher.
PTM 17.90 -0.30

XLE 51.98 +0.12
XLF 14.46 +0.13

VXX 31.66 -1.46

OLO 11.42 -0.10. Day range 11.06 - 11.42.
SSO 35.30 +0.08. Day range 33.04 - 35.32.

EVOGF.PK 0.8462 -0.1138 (11.85%). Day range 0.7990 - 0.8462. Impressive recovery off lows of day, though still down a big percentage.
GBG . Longer term a good buy. Look to buy before July because they are expected to ramp up more production by end of June.
NG 7.26 +0.28 (4.01%). Large day range price spread 6.66 - 7.28. 52 week range 3.33 - 9.18. Longer term a good buy.
NGD 5.91 +0.35 (6.29%). Large day range price spread 5.25 - 5.91.