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Stocks at 5-Month Highs - Commodities Lead

hank
edited January 2012 in Off-Topic
At noon: DJI at around 12,500 +.72%. NASDQ +1%. Oil around $103, depending on grade/market, Gold rising at over $1600

Bigger news: Europe sizzled overnight: FTSE 100 +1.5%. DAX + 1.73%. Calc 40 + 2.66%
Asia mildly positive.

Bought equal amounts of TRP Spectrum Growth PRSGX and TRP Japan PRJPX roughly 6 months ago where they co-exist in a Roth. Both up half percent or so. The Japan fund led for 4-5 months. Now, Spectrum Growth has taken the lead. Just a small experiment prompted by Jeff Everett's Japan call on NBR back than.

Guess I'm becoming the resident bull. Think this will shape up to be a pretty decent year - maybe high single digits. If nothing more, election's coming.

http://finance.yahoo.com/news/stock-futures-signal-stronger-wall-114142114.html

Comments

  • ronorono
    Hi Hank,

    I bought equal parts of NCV and NZW today in our taxable acct with proceeds from a tax loss sale just before the end of the year. The former is yielding 12 and the latter 5 tax exempt.

    Otherwise, my trades before the EOY were to liquidate all paper bullion holdings (SLV and GTU) and either buy CEF or SIL and GDXJ. I've decided to not hold anything in the bullion ETFs. Either hold real or miners or something offshore like CEF.

    Otherwise, for me, it's dividends.

    peace,

    rono
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