Dow 10,060.06 +19.61
Nasdaq 2,141.54 +17.78
SP500 1,055.33 +3.46. Can bounce to 1080.
10-YrBond 2.54% +0.39
US stock indices rejected lower prices. Look for a bounce then lower prices.
Metals and junior miners showing strength. Gold closing above 1243 will propel it quickly above 1300.
Japan set another 52 week low.
Let's see how the markets do into the weekend, before lightening up some of the shorts. Likely will lighten up the shorts by September 10.
GLD 121.36 +1.00
SLV 18.54 +0.55
PTM 18.06 +0.11
XLE 51.24 -0.16
XLF 13.55 +0.04
VXX 22.67 -0.58
RIMM 47.74 +0.68. If this bounces over the next few days, consider shorting near 50.
Smaller miners are moving:
GBG 2.14 +0.07 (3.38%)
GDXJ 29.62 +1.02 (3.57%). Market Vectors Junior Gold Miners ETF.
MDW 0.46 +0.02 (4.57%)
NGD 5.98 +0.45 (8.14%)
SQIFF 0.77 +0.0582 (8.18%)
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