Reply #84: coming up to the close [View All]

[ozymandius]

3:38
Dow 10,470.54 +57.72 (+0.55%)
Nasdaq 2,148.59 +18.83 (+0.88%)
S&P 500 1,218.05 +9.64 (+0.80%)
10-Yr Bond 40.20 -0.70 (-1.71%)
NYSE Volume 1,886,990,000
Nasdaq Volume 1,382,373,000

blather says that stocks are betting against the dollar and, of course, energy stocks are up

3:00PM: One of the pockets of strength today has been the XAU Philadelphia Gold & Silver index (+2.0%). Lending support to the index has been the jump in gold prices that has been a by-product of the dollar's weakness and some safe-haven buying interest... In particular, Barrick Gold (ABX 26.13, +0.45), Newmont Mining (NEM 39.28 +0.41), and Gold Fields (GFI 11.36 +0.47) are among the stocks benefitting today from higher gold prices. Separately, the indices have moved to session highs as the price of crude (-$1.26 at $68.55) is down by more than a dollar on the day. NYSE Adv/Dec 2233/996, Nasdaq Adv/Dec 1784/1167