20101124 PM

Dow 11,187.28 +150.91
Nasdaq 2,543.12 +48.17
SP500 1,198.35 +17.62
10-YrBond 2.9140%

GLD 134.18 -0.23
SLV 26.94 +0.08
PTM 19.59 -0.01

XLE 63.27 +1.12
XLF 14.63 +0.22

VXX 43.16 -1.71

STV 9.00 +1.29 (16.73%). China Digital Tv Holding Co Ltd. Ramp higher to close at day high.

20101123 PM

Dow 11,036.37 +142.21
Nasdaq 2,494.95 +37.07
SP500 1,180.73 +17.11
10-YrBond 0.2574% +2.5556

After initial gap down for the indices, it was a quite day.
Dollar nearly $1 higher.

GLD 134.41 +0.93
SLV 26.86 -0.31
PTM 19.60 -0.16

XLE 62.15 -1.24
XLF 14.41 -0.23

VXX 44.87 +1.95

AGQ 128.06 -3.26. Added a little to this long position at 126.40. Day range 125.53 - 130.75. Opened with gap down which put in low price of day.

MDW 0.7070 +0.0770 (12.22%). Ramped high in last 1/2 hour. 52 week range 0.38 - 1.04.

ARG 62.00 -3.90 (5.92%). Airgas Inc. Took back six months of rising price.
EUO 20.39 +0.73 (3.71%). Gap up, meandered higher, closed near day high.

20101123 1456

DJIA 11,022.82 -155.76
NASDAQ 2,492.69 -39.33
SP500 1,180.37 -17.47

Waiting for afternoon buying ramp in the indices. Silver gapped lower and has been recovering.

SLV 26.91 -0.26
AGQ 128.51 -2.81. Added a small position to existing long this morning at 126.40. So far, day range 125.53 - 130.75.

20101122 PM

Dow 11,178.58 -24.97
Nasdaq 2,532.02 +13.90
SP500 1,197.84 -1.89
10-YrBond 0.2574% -2.6176

Ireland saddled taxpayers with a bank bailout by applying for loans.

GLD 133.48 +1.28
SLV 27.17 +0.43
PTM 19.76 +0.01

XLE 63.39 -0.20
XLF 14.64 -0.21

VXX 42.92 -1.53

AGQ 131.32 +4.32. Started 1/2 long position today. Looking to sell a retest of the recent high in the 140s.

ANO 1.25 +0.12 (10.62%)
GS 161.05 -5.62 (3.37%). Some financials weak due to insider trading probe.
UNG 6.08 +0.15. Some buying interest here.

20101122 1258

DJIA 11,075.91 -127.64
NASDAQ 2,505.13 -12.99
SP500 1,187.10 -12.63

ZSL 129.52 +2.52. Started 1/2 long silver position at 129.9. May add to the long later today, depending on if/how weakness appears.

ANO 1.2401 +0.1101 (9.74%)

20101119 Weekend

Dow 11,203.55 +22.32
Nasdaq 2,518.12 +3.72
SP500 1,199.73 +3.04
30-yrBond 4.25% -0.03

GLD 132.20 +0.11
SLV 26.74 +0.39. Nice recovery from the lower prices on Tuesday and Wednesday. 52 week range 14.37 - 28.72. From morning intraday low, silver ramped nearly a dollar to close near the high. Metals dip buyers snatch up any morning bargains.
PTM 19.75 -0.08

XLE 63.59 +0.53
XLF 14.85 -0.01

VXX 44.45 -0.88

MELA 4.98 +2.45 (96.94%)
VLCCF 23.09 +0.41. Knightsbridge Tankers Limited. 8.80% dividend.

20101117 PM, UNG

Dow 11,007.88 -15.62
Nasdaq 2,476.01 +6.17
SP500 1,178.59 +0.25

GM will IPO on Thursday. Somehow throughtout the GM bankruptcy they were able to not discharge thier retiree benefits onto the PBGC, which typically would take over pensions after a bankruptcy. The retiree benefits were part of the cause of the bankruptcy, so GM hasn't corrected some fundamental problems.
In the indices, look for a pop on the GM offereing, then look for the stock indices to resume selling off into the weekend.

Oil at 80.49 has been down 10% in a few days.
Gold down 100 in a few days. Can retrace 30% from the recent highs.

GLD 130.38 -0.59
SLV 25.00 +0.07
PTM 19.31 -0.09

XLE 61.70 +0.25
XLF 14.66 -0.10

VXX 48.08 -1.26

LDSH 45.42 +16.09 (54.86%). Ladish Co. has agreed to be purchased by its largest raw materials supplier as it prepares for an anticipated uptick in the markets it serves. ... Vroman says the acquisition will open up new markets for Ladish that were “previously a stretch” for Cudahy-based Ladish, a forger of parts for the aerospace and industrial markets.
Allegheny Technologies Inc. of Pittsburgh has reached an agreement to purchase Ladish in a $778 million deal, or $48 per outstanding common share of Ladish stock.
ATI 48.41 -1.53. Allegheny Technologies Inc.

Municipal bond funds. Get ready to short the retracements:
NPX 12.49 +0.21. Nuveen Insured Premium Income Municipal Fund 2.
PML 10.65 +0.24. PIMCO Municipal Income Fund II.

NTAP 49.25 -3.44 (6.53%). Low earnings numbers.
RVREF 0.79 +0.05 (7.05%). RIVERSTONE RESOURCES.
UNG 5.73 +0.22 (3.99%). United States Natural Gas. Consider a buy at 5.5 for retest of recent 6 and maybe a longer term hold.

Money continues to move out of the high-fliers.
CARV 2.47 -0.36 (12.72%). Carver Bancorp Inc.
DQ 11.19 -2.20 (16.43%). Daqo New Energy Corp.
FSLR 122.83 -7.86 (6.01%). First Solar Inc.
IIIIU 3.85 -1.34 (25.82%). Information Services Group Inc.
NPD 3.96 -0.84 (17.50%). China Nepstar Chain Drugstore Ltd.
RINO 6.07 -1.08 (15.10%). RINO International Corp.