Chart: Newmont Mining

Topping?? Gold dropped $35+ intraday dollars since mondays idh. It has allready intermediate term topped.

Currency trading today

The December Japanese Yen posted an inside day with a lower close on Friday as it consolidated some of Thursday’s gains. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at .8385 are needed to confirm that a short-term low has been posted. If December extends this fall’s decline, weekly support crossing at .8220 is the next downside target

Nasdaq gives Taser delisting notice

Stun-gunmaker Taser International said Friday that the Nasdaq Stock Market told the company its stock could be delisted because it failed to file its third-quarter financial report on time.
Taser said it will appeal the Nasdaq's decision by requesting a hearing before the exchange's listing qualifications panel. Until the panel makes a decision, Taser's stock will continue to be traded on the Nasdaq, though its stock symbol will be changed to "TASRE" from "TASR" until it files its quarterly report.

The company, whose earnings and revenue have dropped sharply in recent quarters amid concern about the safety of its stun guns, said on Nov. 15 it would not file its third-quarter 10-Q report on time because it had to restate its first and second-quarter results. The restatement relates to errors in how it accounted for legal and professional fees.

The company said it will file its third-quarter 10-Q as soon as possible, after it files the restated first and second-quarter results.

Time for the "year end rally"??

The U.S. stock indexes closed mixed today in uneventful trading. The bulls have recently gained good upside technical momentum. While investors are still concerned over the economy and consumer confidence, the worst two performance months (September and October) are now behind and this does give the bulls some encouragement. Also, it's not rare that the "Santa Claus" rally at the end of the year does begin early.

Comments on this weeks hot bond market

December T-bonds were closed for Veteran’s Day. Here is a recap of Thursday’s trade. December T-bonds closed sharply higher on Thursday and above the 10-day moving average crossing at 111-12. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 112-00 are needed to confirm that a bottom has been posted. If December renews this fall’s decline, September’s low crossing at 108- 23 is the next downside target.

Thanks to all Americans veterans on Veterans Day

Thank you all; men and women, for serving our country so proudly!!!!
I salute you all.

My take on it all/oil & gas pricing

Since the most recent run up in energy prices my take on the whole deal is the oil companies now know how much the American consumer will take. In my area; and where friends of mine live in the DC/Baltimore area , we experienced gasoline as high as $4.25 for a gallon of premium. Friends back home in the "mountain-state" said it went to $3.80 for a gallon of premium fuel. We have had quite a pullback of late. October 31st/Halloween is a large event for spending and parties. Our most American event; Thanksgiving, is another day of spending and binge consuming. Last; but not least, Christmas!!!!!!!!!!!! More spending, binge eating and drinking. I do not believe "the powers that be" would want to slow down the economy too much and "hurt" the American worker/consumer until AFTER THE PARTY IS OVER..................THAN LOOK OUT!!!!! If the northeast FINALLY has a "hard" winter.........
"BING, BANG, BOOM"...............another round of oil/natural gas/coal prices on the rise and a LONG COLD WINTER for the American working man and woman. Trying to do their best and getting "kicked in the teeth again".......................