Nasdaq 2,380.43 -131.05.
SP500 1,140.65 -53.24. Bulls need solid move above 1150.
Nyse 7,079.41 -339.53
30-yrBond 3.44% -0.13
Dollar up. Oil down.
Gold, silver and platinum up. Gold at all-time highs and most miners lower.
Stock indices gapped lower and are testing key levels. Indices did not bounce during the day with small short-covering bounce in last ten minutes. Volume was lighter than may be needed to push considerably lower.
Downtick -1728 is big. May have another big one tomorrow morning.
Monthly option expiration this weekend.
GLD 177.72 +3.30 (1.89%)
SLV 39.66 +0.33 (0.84%)
PTM 21.97 +0.47 (2.19%)
XLE 64.38 -3.96 (5.79%)
XLF 12.38 -0.63 (4.84%)
VXX 40.47 +6.94 (20.7%)
BGU 49.49 -7.52 (-13.19%). This morning stopped out of two positions. One for loss of 5.29 per share and the other for loss of 7.48 per share.
UPRO 48.15 -7.22 (-13.04%). At end of day started 1/2 long position at 48.27.
MRVL 11.97 -0.88 (-6.85%). MARVELL TECHNOLOGY GROUP LTD ORD. Earnings down nearly 13%.
XIV 7.73 -1.93 (-19.98%). VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN.
HPQ 29.51 -1.88 (-5.99%). Wild intraday trading on news and earnings released during day.
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