Tuesday, April 9, 2013

A Scandalous Day, But Fed Minutes On the Morrow...


Amidst alleged 'Sketchy' insider trading with a slightly 'Herbal' undertone at KPMG and an ouster of JCPenney's CEO, the DJIA managed to flex some more muscle whilst S&P just gained 5.5 points.

The Fed Minutes are tomorrow, so will Bernanke hit us one more time?  Or will the market get some more clues as to when the tapering will begin?  

I'm personally hoping for an unexpected shift in sentiment that will send the SPY put sellers quivering with fear once more!  

Interestingly, whilst the market appeared bullish on the surface, DJT reversed course after hitting 6112, closing 16.86 points off its daily low and well below its daily 50% Fib level of 6084.  Gold surprised by closing higher.

USD/JPY appears to be pulling back ahead of the 100 level, currently trading slightly in the red.  


-0.87% SBA
+0.22% Roth IRA

+0.41% DJIA
+0.48% Nasdaq
+0.35% S&P 

+0.58% FTSE
+0.05% Eurofirst
 0.00% Nikkei
+0.64% Shanghai
-1.15% Not so SENSEXy

+0.80% WTI
+1.52% Brent
+0.80% Gold
+2.09% Copper
+1.54% Corn

+0.58% EUR/USD
+0.47% GBP/USD
-0.38% USD/JPY

-0.31% DJT
-2.73% VIX


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