Dow 10,442.41 -8.23
Nasdaq 2,289.09 -20.71
SP500 1,113.20 -4.31. Can easily test 1080s.
10-YrBond 3.24% -0.20
Asia and Europe closed positive. US indices unable to close positive.
Gold made slightly higher high then sold off. Can break $100 lower. Looks OK to short gold on a bounce until the FOMC meets on Wednesday.
Euro was volatile and closed lower. Dollar higher.
Eclipse next Monday.
Over the weekend, some press reported that China will allow it's currency to be revalued. China's currency had the same set price today. This "news" appears to be over-stated or the Chinese were misinterpreted.
Fed's FOMC meets Wednesday and is widely expected to keep low interest rates for the foreseeable future.
GLD 120.39 -2.44
SLV 18.33 -0.42
PTM 18.88 -0.06
XLE 55.49 -0.12
XLF 14.81 -0.02
VXX 25.48 +0.41
BGZ 14.58 +0.16
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