Dow 12,151.41 -139.94
Nasdaq 2,589.98 -35.22
SP500 1,249.64 -15.79
10-YrBond 1.9080% -0.1010
Indices opened flat and sold off all day.
Dollar higher. Precious metals lower.
GLD 151.03 -3.88
SLV 26.27 -1.60
PTM 15.90 -0.70
XLE 68.45 -1.33
XLF 12.86 -0.21
VXX 35.88 +1.49
In a tax shielded college savings plan, am allowed to make a trade once per calendar year. Moved from 100% money market to 100% broad stock index. Plan to hold through January bounce, then have a mental trailing stop.
WSJ article on the private Federal Reserve propping up Europe.
European banks are depositing most of the funds with Europe's central bank. This ridiculous attempt to kick the can down the road is not fixing any problems, though it allows fat-cat banksters to collect a few more bonus checks.
1 comment:
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Thanks
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