So they gave Bernie 150 years in the slam. Sounds like a big deal, but I bet he doesn’t do 12… this side of the daisies, at least. Hey fugheddaboudit, he might even escape the above elaborate costume by becoming the “prison accountant” and doing Bubbah’s taxes every year. Can you see it?
Bubbalah, I have news! Yoah tax refund estimates out at 16 cahtons of Marlboro Reds and a case of Mint Jelly Spam. No, dahling, it is no trouble. You just pay me my “dahposit” of five cartons, and we can get the ball rolling on this new “thing” right away!
He should be fine.
But enough about old Bernie. Let’s face it, he’s getting what he deserves, and that’s what we’re all about on the Jacksonian Plan too. Right now, it looks like the market is taking its time taking a decision. Will she run up to the top of the hill at 960 again, or jump off the cliff righ here at 926-ish, and end it all, emo lemming style? I admit I don’t know, as today was a veritable “stick in the mud” despite the drop in the dollar and the increase in oil prices.
Earnings are still coming out favourably (sic) in some industries, including health care and selected technologies. Aging pension filler behemoths like Johnson & Johnson Johnson & Johnson [[JNJ]] , Amgen, Inc. [[AMGN]] , Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. [[MRK]] and even good old staple stock Pfizer Inc. [[PFE]] are starting to look like they’ves got some gusto here, and the Jackson’s seem like they want to go into hibernation.
That doesn’t mean there’s not money to be made, however, and on top of the Jacksons I’ll be watching these nutty juniors like Allied Nevada Gold Corp. [[ANV]] and Rubicon Minerals Corp. (USA) [[RBY]] , and some key techs that The PPT has been alerting me to. Two I purchased today were Fly’s current hot pick [[ARMH]] and perennial PPT favourite (sic) [[BIOS]] at $6.02 and $5.83 respectively. I am also waiting on an entry for TEKELEC [[TKLC]] , perhaps tomorrow.
In the meantime, the only Jackson that I think looks appetizing here is [[TBT]] , as I think it’s getting very cheap again. I continue to monitor the silvers closely, however, as they’ve been volatile lately. That said, the spot price of silver is back above $14 tonight, and gold is back over $940 again. Good signs.
I promise to make myself more available tomorrow, and keep you updated on the purchases and sales, if any. Good night for now.
| Name/ | % | ||||
| Ticker | 26-Jun | 29-Jun | Change | Comments | |
| ANDE | $ 30.23 | $ 29.91 | -1.06% | Low volume pullback. Keeping an eye. | |
| EGO | 9.40 | 9.45 | 0.53% | Plateauing. | |
| GDX | 39.20 | 39.15 | -0.13% | Hanging on the 20-day | |
| GLD | 92.29 | 92.04 | -0.27% | POG over $940 now. | |
| IAG | 10.48 | 10.30 | -1.72% | Low volume pullback. | |
| MON | 75.25 | 76.20 | 1.26% | Still a lot of work to do. | |
| NRP | 20.82 | 21.02 | 0.96% | Watch for break of bear flag here. | |
| PAAS | 19.08 | 18.55 | -2.78% | Turned away at the 200 & 50 day | |
| RGLD | 42.07 | 42.97 | 2.14% | Low volume retrace, not trusting. | |
| SLV | 13.90 | 13.66 | -1.73% | POS back above $14 this evening. | |
| SLW | 8.72 | 8.52 | -2.29% | Between the 50 and 200 day EMA. | |
| SSRI | 19.52 | 19.16 | -1.84% | Same as SLW | |
| TBT | 50.84 | 50.65 | -0.38% | Very slight pullback… looking to add again | |
| TC | 10.44 | 10.57 | 1.25% | 4th upday, on light volume | |
| TCK | 16.56 | 16.06 | -3.02% | Low vol, still above 20, 50, and 200. | |
| TZA | 22.50 | 22.52 | 0.09% | Flat on low volume. Do or die, here. | |
| AVG (daily) | -0.56% | ||||
| AVG (monthly) | -6.96% | ||||
| AVG (inception) | 14.80% |
