Quiet

Little Direction….Wednesday, 4:30pm

  • Waited until 2:30 and almost got excited as the DOW retraced and was green for about a minute. But I held off doing anything more.
  • Dollar was crushed, worst day against the Euro in history.  Dollar ETF: UUP for up and UDN for down.  I have never liked the way they traded but volume is building.
  • Bonds flew.
  • Gold up huge in the morning but could not hold its highs. Silver did better.  Check SLV.
  • Stocks tried to rally but didn’t have the muscle.  Volume is quite low.
  • If you want to see what is happening after the close here is an good link After Hours
  • Don’t really know where they go from here.  Kinda quiet and not sure from whence equities take their next cue.

One Reply to “Quiet

  1. Well, it’s not votes that win elections in the coeptmnorary United States, it’s raw purchasing power. And you can’t exactly get that from the American middle class right now, let alone anyone below that contracting watermark.So like anything else of economic nature in the US, it gets outsourced overseas.

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