Thursday, July 11, 2013

The Bernanke Spoke & Even My Portfolios Went Up Today... But Maria...


I'm still not putting new capital to work here...

I'll believe the rally when my calls start bringing home the bacon.  Till then, it's still baloney...

Seems I'm not alone...  Harry Dent was just on CNBC saying that this looks very much like 2007 and something in China or Europe could trigger a global sell-off since the subprime crisis started with only four states.

If the Japanese Housewives followthrough with a wild buying spree overnight, my Japanese bank calls might still stand a chance.  But we'd pretty much need to see gains day after day in order for my NMR calls to bounce back before their 20 July 2013 expiry.

Probably not going to happen...


+3.75% SBA
+0.94% Roth IRA

+1.11% DJIA
+1.63% Nasdaq
+1.36% S&P 

+0.59% FTSE
+0.57% Eurofirst
+0.39% Nikkei
+3.23% Shanghai
+1.98% SENSEX
+2.55% Hang Seng

-1.77% WTI
-0.88% Brent
+2.97% Gold
+2.72% Copper
+0.74% Corn

Some major forex today:

+1.01% EUR/USD
+1.32% GBP/USD
-0.82% USD/JPY

+1.22% DJT
-1.41% VIX

-3.96% 10-Year US Treasury Notes

85% Advancing Issues on NYSE
14% Declining Issues on NYSE
1% Unchanged

84% Up Volume
16% Down Volume

69% Advancing Issues on Nasdaq
28% Declining Issues on Nasdaq
3% Unchanged

82% Up Volume
17% Down Volume
1% Unchanged


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