Wednesday, January 19, 2011

20110119 1317

DJIA 11,807.51 -30.42
NASDAQ 2,719.74 -46.11
SP500 1,279.78 -15.24

SKF 15.13 +0.64. Went long at 15.14.

20110119 1449

DJIA 11,817.31 -20.62
NASDAQ 2,726.02 -39.83
SP500 1,281.97 -13.05

Markets and metals couldn't hold higher prices and are selling off. Traders may want to get put on short positions.
Cleaning up some ill-timed trades. May short the financials.

AAPL 339.46 -1.19. Still keeping the NASDAQ levitating.

GBG . Sold 1/2 of the long position at 2.56 for .44 per share loss.
SIL 23.44 -0.31. Sold at 23.5 for 4.27 per share loss. In retrospect, I had bought near a double top.

Sunday, January 16, 2011

20110114 Weekend

Dow 11,787.38 +55.48
Nasdaq 2,755.30 +20.01
SP500 1,293.24 +9.48
30-yrBond 4.53% +0.04

GLD 132.69 -1.36. May test 1320.
SLV 27.74 -0.26. Look to buy more silver if it drops another .60 next week.
PTM 21.32 +0.07

XLE 70.65 +0.76
XLF 16.72 +0.26
VXX 31.57 -1.42

US markets are closed Monday for a federal holiday.

Precious metals were pounded this week. Considered selling the silver miner long, but decided to wait and see what happens with future expiry at the end of January. Supposedly JPMorgan will be allowed to continue shorting silver into the ground.

AAPL 348.48 +2.80. 52 week range 190.25 - 348.48.
LEDS 17.72 -1.04. SemiLEDs Corporation. Price dropped 1/3 Thursday morning.

Wednesday, January 12, 2011

20110112 PM

Dow 11,755.44 +83.56
Nasdaq 2,737.33 +20.50
SP500 1,285.96 +11.48
10-YrBond 3.3550% +0.0140

GLD 135.46 +0.55
SLV 29.00 +0.11
PTM 21.18 +0.34

XLE 70.09 +0.95
XLF 16.51 +0.27
VXX 33.43 -1.51

CNSL 18.68 -0.08.
EEE 2.85 +0.35 (14.00%). Was $1 three days ago and flirting with delisting. 52 week range 0.52 - 6.96.

PAL 7.19 +0.31 (4.51%). North American Palladium Ltd. Buy at 5.5.

Sunday, January 09, 2011

20110107 Weekend

Dow 11,674.76 -22.55
Nasdaq 2,703.17 -6.72
SP500 1,271.50 -2.35
30-yrBond 4.49% -0.04

GLD 133.58 -0.25
SLV 28.10 -0.32
PTM 20.40 +0.05

XLE 68.28 +0.49
XLF 16.22 -0.15
VXX 36.05 +0.12

Gold below 1350 is problematic. It should stabilize here or can go much lower.

ANO 1.44 -0.04
GBG 2.56 -0.09
NENE 2.08 -0.01. Started small position on Tuesday January 4 at 2.16.
SIL 24.14 -0.26. Got in too early this week.

MBI 12.46 -0.09

Monday, January 03, 2011

20110103

Dow 11,670.75 +93.24
Nasdaq 2,691.52 +38.65
SP500 1,271.89 +14.25
30-yrBond 4.3980% +0.0360

GLD 138.00 -0.72
SLV 29.98 -0.20. This guy claims a selloff in silver often occurs at exactly 8:25AM. Coincidence or desperation?
While it may be unexpected, it is certainly possible for silver to continue to quickly ramp to 37.
PTM 20.90 -0.02

XLE 68.76 +0.51
XLF 16.30 +0.35
VXX 36.49 -1.12

SIL 27.42 +0.30

MBI 12.74 +0.75. The banker bailout continues.

BAJFF 1.20 +0.07
DFR 6.40 -0.10
KRY 0.32 +0.01
MCP 57.50 +7.60. Molycorp Inc.
MDW 0.91 +0.07
NENE 2.00 +0.13
NOR 14.52 -0.08. Has been a rocket.
URZ 4.18 +0.19

20110103 1447 SIL

DJIA 11,699.17 +121.66
NASDAQ 2,692.74 +39.87
SP500 1,273.73 +16.09

Metals just had a sharp sell-down.
Those who follow planetary motions are still looking for sell-off to start tomorrow.

GLD 138.28 -0.44
SLV 30.05 -0.13
PTM 21.11 +0.19

SIL 27.62 +0.49. Earlier went long this silver miner's basket at 27.77. Chose this basket instead of picking individual miners.