Sorry for my lack of attendance today, Jackson fans, sometimes I have to attend to things that are in the market but not of the market. If that sounds vaguely quizzical, then it’s served its purpose.
Unfortunately, whilst returning from one such errand, I noticed one of my stops had triggered. I say “unfortunately” because I am a very reluctant seller of any Jacksonians, unless I’m a full seller, as in the case of the unabashed drunkard Tesoro Corporation [[TSO]] (which continues to toddle down the streets of Skid Row, stopping only to barf on the brogans of the local constabulary).
Unable to part with my Monsanto Company [[MON]] altogether, however, I had set a stop on half the shares upon a break of $77.25. Much to my rue and deep chagrin, said stop was triggered today, and I was left with only half my position. Offsetting that mournful loss was the addition of another $4,530 in cash with which to gamble at quoits whilst smoking Churchillian Monte Cristos and imbibing tinctures of absinthe & laudanum.
One of these days I will get around to giving you a picture of the actual shares and dollar amounts of these holdings (hint– they all started at $10,000 each) , so it won’t all seem such a smokey mystery. In the meantime, you’ll just have to make due with the raw return numbers as you have been doing, along with an idea of the cash talings left over from various sales profitable and not so.
One last point… the “Three N’s of the Apocalypse” NovaGold Resources Inc. (USA) [[NG]] , New Gold Inc. (USA) [[NGD]] and Northgate Minerals Corporation (USA) [[NXG]] all looked very healthy today, as did Jacksonian Eldorado Gold Corporation (USA) [[EGO]] . It seems the golds are making out a bit better than our silvers, which have been hit by the same “industrial malaise” that afflicted not only Jimmy Carter throughout the 70’s and up to today, but even our faithful friend and ally, The Fly. Even Teck Cominco Limited (USA) [[TCK]] which has made a valiant rebound, seemed tired by Bernake’s machinations today.
What can one trust but the original money, one asks? What indeud?
| Name | 23-Jun | 24-Jun | % Change | Comments | |
| ANDE | $ 28.23 | $ 28.84 | 2.16% | Weird candle today. Stochs turning up. | |
| EGO | 8.07 | 8.51 | 5.45% | Nice continuation. 50-day @ $8.60 | |
| GDX | 37.33 | 38.49 | 3.11% | Back over the 50-day quick ($38.20) | |
| GLD | 90.92 | 91.45 | 0.58% | 50 day @ 91.60, POG $931 | |
| IAG | 9.58 | 9.99 | 4.28% | Nice continuation. | |
| MON | 79.30 | 76.16 | -3.96% | Sold half (58.65 shs) @ $77.23 (note cash below). | |
| NRP | 20.65 | 20.92 | 1.31% | Still hanging in there, facing my wrath | |
| PAAS | 18.31 | 18.47 | 0.87% | Still weak, as is silver in general. | |
| RGLD | 42.43 | 43.74 | 3.09% | Broke the downtrend line nicely. | |
| SLV | 13.62 | 13.68 | 0.44% | POS still under $14. | |
| SLW | 8.21 | 8.34 | 1.58% | Still looking for 200 day EMA @ $8.40 | |
| SSRI | 17.99 | 18.65 | 3.67% | Still having trouble getting over 200 day EMA | |
| TBT | 51.85 | 53.03 | 2.28% | Treasury auctions over, I guess? | |
| TC | 9.42 | 9.63 | 2.23% | Rebounded, since I sold more, of course. | |
| TCK | 15.51 | 16.12 | 3.93% | Still bouncing, but w. less vigour (sic) | |
| TZA | 25.57 | 24.86 | -2.78% | Down, but not as much as you’d think. Holding. | |
| AVG (daily) | 1.77% | ||||
| AVG (monthly) | -8.02% | ||||
| AVG (inception) | 13.09% | ||||
| Cash ( 000’s) | $ 8.67 | ||||
Treasury auctions over, I guess?
Bond auction for 7s tomorrow, 10s & 30s 7/8/09 & 7/9/09:
http://www.treas.gov/offices/domestic-finance/debt-management/auctions/auctions.pdf
I appreciate the comic, thanks.
Scum, THX.
Cane, my pleasure.
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Are we up?
How come everything is left situated? In the trial versions, it was all centered….
New toon in my crib.
I’ll check it out… trying to get a post out m’self.
Check this out… looks like we may have our first trademark infringement suit!
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Whoa, new ibc has me a bit naseous. I am not sure where anything is, I guess I will have to get used to it.
Well, “Naseous (sic) is better than gaseous”, as me old Mum used to say!
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NEW POST! ———->>
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What dah hezzy?
Comments closed on my new post?
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Comments appear to be closed on all new posts except Fly’s.
Yeah, sorry, you have to open them manually for now. I just flicked the switch, so you should be good to go.
Not sure why my gravatar is not appearing yet, though…
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