Wednesday, November 11, 2009

Up markets again

Dow gained 44 (another high for 2009), advancers over decliner 3-2 & NAZ was up 15. Banks were strong as the Financial Index went above 201.


S&P 500 FINANCIALS INDEX

Value
201.31
Change
2.77
% Change
1.4%






Oil is little changed today in the 79s. Gold is not showing a change, but it's at record levels & wants to go higher. Recently India bought 200 tons of gold, eye popping. More central banks are keeping additional reserve money in gold (among its many uses), the gold bull market has legs to run for some time. For the venturesome, I have a button on the right to learn more about gold trading.

GCX09.CMX..Gold Nov 09..1,114.00 ..0.00
......(0.0%)



High yields did well. The Alerian MLP Index inched up to 260 but the Dow Jones REIT Index rose 3. Junk bonds were strong. Below the MLP chart are 2 for the Dow & gold.


Alerian MLP Index --- 2weeks




Dow Jones Industrials --- 2 weeks




GLD (ETF) --- 2 weeks




Here's remembering all the veterans who made this country great!


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