Dow 13,190.84 -120.88
SP500 1,430.15 -13.54
Nasdaq 3,021.01 -29.38
10-Year Bond 1.754 -0.046
Gold 1,658.30 +12.40
Oil 88.96 -1.17
USLV 25.21 -0.01. Sold at 25.38 for a small gain. Downdraft was taking everything lower, so sold out to avoid holding over long weekend.
Sunday, December 23, 2012
Thursday, December 20, 2012
20121220 Silver
Dow 13,284.30 +32.33
SP500 1,441.52 +5.71
Nasdaq 3,050.24 +5.88
10-Year Bond 1.80 -0.00
Gold 1,647.70 -20.00
Oil 90.09 +0.11 Note oil is up while metals are down.
While metals could have more downside, seasonally this is the time to buy and the price is right. Today going into silver for the volatility. Looking to buy into gold tomorrow, for a medium term hold.
USLV 24.97 -3.49 -12.26%. Bought at 24.97.
SP500 1,441.52 +5.71
Nasdaq 3,050.24 +5.88
10-Year Bond 1.80 -0.00
Gold 1,647.70 -20.00
Oil 90.09 +0.11 Note oil is up while metals are down.
While metals could have more downside, seasonally this is the time to buy and the price is right. Today going into silver for the volatility. Looking to buy into gold tomorrow, for a medium term hold.
USLV 24.97 -3.49 -12.26%. Bought at 24.97.
Sunday, December 16, 2012
20121214 Weekend
Dow 13,135.01 -35.71
Nasdaq 2,971.33 -20.83
SP500 1,413.58 -5.87
10-YrBond 1.7080% -0.02
GLD 164.13 -0.24
SLV 31.17 -0.36
PTM 18.98 +0.11
XLE 71.22 -0.27
XLF 16.00 -0.06
VXX 30.33 +0.21
Bernanke announced the private cartel Federal Reserve will begin to use the unemployment rate as a factor for setting interest rates. This is bizarre. Like the Bank of Japan two decades ago, the Fed is trapped.
Nasdaq 2,971.33 -20.83
SP500 1,413.58 -5.87
10-YrBond 1.7080% -0.02
GLD 164.13 -0.24
SLV 31.17 -0.36
PTM 18.98 +0.11
XLE 71.22 -0.27
XLF 16.00 -0.06
VXX 30.33 +0.21
Bernanke announced the private cartel Federal Reserve will begin to use the unemployment rate as a factor for setting interest rates. This is bizarre. Like the Bank of Japan two decades ago, the Fed is trapped.
Thursday, December 13, 2012
20121213 PM
DJIA 13,171 -74.73
SP500 1,419 -9.03
10 YR.NOTE 1.728% +0.31
Sold a college savings plan after holding for about a year. Up 16.4% for the year. Being able to trade only once per year, I want to be able to buy next year after a market pull back.
Monday went short SP500 with a small position that will likely close tomorrow.
Am nearly all in cash. Christmas & holidays will have lighter volume that could make scalping opportunities. May sit out until next year.
SP500 1,419 -9.03
10 YR.NOTE 1.728% +0.31
Sold a college savings plan after holding for about a year. Up 16.4% for the year. Being able to trade only once per year, I want to be able to buy next year after a market pull back.
Monday went short SP500 with a small position that will likely close tomorrow.
Am nearly all in cash. Christmas & holidays will have lighter volume that could make scalping opportunities. May sit out until next year.
Wednesday, December 05, 2012
20121205 PM
Dow 13,034.49 +82.71
Nasdaq 2,973.70 -22.99
SP500 1,409.28 +2.23
30-yrBond 2.78% 0.00
GLD 164.12 -0.30
SLV 31.82 -0.08
PTM 18.67 -0.17
XLE 70.90 +0.49
XLF 15.85 +0.19
VXX 30.16 -0.51
Last Friday the SP500 did close higher, though barely. Monday it was higher, and that was the sell. I was out of the office on last minute personal items. Returning today, closed the SP500 trade and the silver trade. While SP500 has a chance the high from Monday within the next week, the risk is too high right now.
AGQ 52.07 -0.28. Sold at 51.30.
UPRO 84.76 +0.45. Sold at 83.37 for about $2 per share loss. Monday was the day to sell, but I was out of pocket. Didn't want to have a trailing stop taken out, so had not stop because planned to be watching. Closed it out without regrets.
AAPL 538.79 -37.05. With the massive institutional involvement, get out of the way of this selling.
TIBX 20.00 -4.72
Nasdaq 2,973.70 -22.99
SP500 1,409.28 +2.23
30-yrBond 2.78% 0.00
GLD 164.12 -0.30
SLV 31.82 -0.08
PTM 18.67 -0.17
XLE 70.90 +0.49
XLF 15.85 +0.19
VXX 30.16 -0.51
Last Friday the SP500 did close higher, though barely. Monday it was higher, and that was the sell. I was out of the office on last minute personal items. Returning today, closed the SP500 trade and the silver trade. While SP500 has a chance the high from Monday within the next week, the risk is too high right now.
AGQ 52.07 -0.28. Sold at 51.30.
UPRO 84.76 +0.45. Sold at 83.37 for about $2 per share loss. Monday was the day to sell, but I was out of pocket. Didn't want to have a trailing stop taken out, so had not stop because planned to be watching. Closed it out without regrets.
AAPL 538.79 -37.05. With the massive institutional involvement, get out of the way of this selling.
TIBX 20.00 -4.72
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