This blog will describe Jimmybees latest Market thoughts. It also will include thoughts on Jimmybees ongoing trading.
Monday, September 12, 2016
The Dow roared back today with a one day reversal to the upside. It gained 239 points on better than lately volume. The advance/declines were shy of 3 to 1 positive. The summation index is still heading lower. GE was up 3/8 on good volume. Gold was up $7 on the futures and the US dollar was lower. The XAU rose 3 1/3, while GDX added 2/3. Volume was good. My apologies for the short blog with my usual comments but I am ill today. I can say that volatility is back and I think we will have to bounce around before we move to new all time highs. I am looking at the October SPY calls. But I am very under the weather and would not put much stock in what I'm thinking under these physical conditions. Hopefully I'll be back to normal tomorrow.
Tata Motors to launch new SUV “Hexa” in November.
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