GOLDEN DAY
Half way through the day and it looks like the bulls have yanked control of the markets. DJIA -100, SPX 3 and NAZ +6.
Strong sectors- metals, oils, semis, real estate and tech while bonds, utils, retail and drugs lag.
NYSE- 490 net losers;
NAZ- 390 net losers;
VIX- 48.45 and higher by 2.5%;
GOLD the clear winner on the day and sold some of my DGP - and looking to buy back before too long;
Staying long and buying dips and selling rips for now- LONG DIG UWM -
Some fun links today:
The Quant on stops;
BIG on the VIX;
IRA rules;
Best Financial BLOGS;
Shopping in 2009;
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