Today was a wash in the markets. Although it will have a mild impact of bringing the technicals slightly down from overbought, it really is like nothing happened. The S&P 500 didn’t even move enough for me to call it a slight move.
However, with tomorrow’s employment report, expect a move.
DIS: 0.11 to $51.21 ( 0.22% , 1.19% overall)– bought at $50.61
INTC: -0.06 to $21.32 ( -0.28% , 8.78% overall)– bought at $19.60
LINE: -0.28 to $36.45 ( -0.76% , -7.74% overall)– bought at $39.51
NNVC: 0.00 to $0.47 ( 0.00% , -16.07% overall)– bought at $0.56
PGX: 0.02 to $14.75 ( 0.14% , -0.94% overall)– bought at $14.89
SAND: -0.58 to $11.79 ( -4.69% , -1.09% overall)– bought at $11.92
YHOO: -0.30 to $19.78 ( -1.49% , 30.39% overall)– bought at $15.17
OVERALL: -0.40%
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/tny_ag_en_usoz_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-jpy-small.gif)
bought full position in Lysdy on the 2nd for .58 sold today for .65. +12% Happy Happy.
This is the 4th time I’ve traded this stock in the last 3 months for +10% gain. Still have a full position with a sell at .92
nice trades!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Nice work Jeff. You’re probably going to make me start watching that puppy again!
OMG…that is awesome!
The Euro vs dollar or Eur/usd closed under 1.3060 and has been moving down from it’s high Wednesday.
I’m watching strength in pull back, I believe it to be weak 1 to 2% area. I’m buying on pull backs. The spring rally could be a great one and the fed is behind it all the way. FYI the Euro bounced at 1.2710 in nov and 1.2906 in dec. Watching 1.2906 for support.
congrats Jeff
I bought at $.58 a couple of weeks ago, looking for $.74.
Ed, interesting take on South Korea as an emerging market investment. I think you owned the SK ETF this past Summer.
http://www.topstockanalysts.com/index.php/2013/01/02/my-favorite-bet-on-emerging-markets-for-2013/?utm_source=NL-TopStockAn&utm_medium=EMAIL&U=415428&utm_campaign=TopStockAnalysts.com_TSA_Digest_01-03-20131/3/2013&utm_content=
zosa,
You know I love South Korea, but EWY has already had a good run. It is close to the 52 week high. Right now, I am waiting for a dip in it, which I am hoping will come in another month or 2.
For NUGT traders:
http://www.bloomberg.com/news/2013-01-04/gold-set-for-worst-run-since-04-as-fed-signals-end-of-purchases.html
Thanks Tom. It is good to see articles like this since they can impact short term movement. Long term is a different story. Fairly skeptical that everything is now rosy in the world. Last I checked, they were trying to find new lubricants that can work at the extreme speed and temperatures generated by the modern money printing presses. Barring no new lubricant source and the siezing up of all the presses, I think gold will rebound. As Mike would say, sounds like shears in the background but am unsure due to all the bleeting sheep in my ears…