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Closing Prices

US Stocks
DJIA 12248.55 -41.59 SPX 1312.94 -1.61 NASDAQ 2773.31 +4.12
MDY 177.33 UC Russell 2000 820.69 -.71 DJT 5311.73 +28.16  DJU 429.97 -1.55
US bonds and interest rates
US Gov rates: 6 mo .1094%  2 yr .4525% 10 yr 3.01 -.05 30 yr 4.23 +.08
IEF(US10 yr) 96.59 -.55 TLT (USLT) 95.86 -1.78
MUB (NatlMuni)103.76 +.19 CalMuni (NCA)8.82 -.03
HYG (High Yield)91.21 -.09 PFF(Preferred) 39.58 -.18
BND (Total Bond Mkt) 81.55 -.31
Commodities
Commodities Indexes (DBC)30.12 +.25 (USCI) 67.22 +.60
Gold 1532 -10.00  Silver 36.19 -1.49 Copper 4.08
Platinum 1817.80 -6.10 Nickel (JJN) 33.12 -.98
Oil 100..40 -.09 RBOB 2.97 -.01 Nat Gas 4.79 +.16
Grains (JJG)55.08 +.83 Livestock (COW) 27.63 -.07
Cotton (BAL) 91.50 +2.19 Agg complex(JJA) 64.63 +1.38
US Dollar Index and World Currencies
Aussie 1.0678 +.0062 Euro 1.4431 + .0150 Pound 1.6264 +.0037
Yen 1.2191 -.0009 Can$ 1.0196 +.0006 USD Index 74.37 -.36
World Debt markets
BWX(Intl Treas) 62.17 +.53  PCY(EmerMkt) 27.09 +.01
IBND(Intl Corp) 35.05 +.29
All Markets Current Trends

World debt markets
US Bonds: 4-15 current trend up

US Natl Muni Markets: : 2-18 current trend up
Intl Treas Bonds 5-27 current trend up
Intl Corp Bonds 5-27 current trend up\
Emerging Markets Debt: ..3-24 current trend up weakening

Commodities
Commodity index (Broad based) 5-5 current trend down
Gold: .2-18.  current trend up
Silver: 5-27 current trend neutral
Copper 6-1 current trend down
Platinum 5-27 current trend up
Palladium 5-27  current trend up
Nickel  5-6 current trend down
Grain complex 5-27 current trend neutral 
Sugar 2-23 current trend down
Cotton `4-25 current trend down
Livestock 4-25 current trend down
Coffee 5-11 current trend down
Lumber  3-29 current trend down
Agg complex 5-2 current trend down
Oil :5-6. current trend down
Gasoline 5-16 current trend down
Natural Gas 5-27 current trend up

World Stock markets
US Stocks: 6-1 current trend down
Europe 5-31 current trend nuetral
China: 5-31 current trend neutral
Brazil 5-4 current trend down
Japan 5-13 current trend down
India 3-29 current trend down
Russia 5-4 current trend down
Emerging Markets: .5-31.. current trend neutral
Total world markets 5-31 current trend neutral

Currencies markets

US Dollar Index 5-27 current trend down
Aussie Dollar 5-27 current trend up
Euro 6-1  current trend up
Brit Pd 5-27 current trend up

Jap Yen 4-26  current trend up 
Canadian Dollar 5-13 current trend down
Mexican Peso 6-2 current trend up
Brazilian Real 5-27 current trend up

Indian Rupe 5-16 current trend up

Trend changes:

World stock markets: Europe neutral
currencies Euro up, Peso up
Commodities:  Grains up

US Stock Market Trends
Mikey Short term down 6-1  
Mikey Intermediate Trend: Up 09/03/10 10477
Mikey Long term trend: UP 10/13/10 11052
Mikey current trend opinion: 
Mikey: 6-1 NYSE Current trend down 12290
Mikey: NASDAQ 6-1 Current trend down 2767
IBD : 6-1 Market in correction 12290

US markets short term  technical trading indicators:

VIX (OB 10 - OS 40) 18.30 Mikey OB/OS index (80 OB 20 OS) .87
Put/Call Ratio(.6 OB 1.2 OS) 1.06  10 day average .87
Ratio Put Premiums to Call Premium (..34 to 2.5) .77  10 day ave .92
Mutial Fund  Purchase/Redemptions ( 1.5 to .66)  1.19   
Williams %R 12 day -86.92 Weekly -47.51  
Bulls 45.2  Bears 20.4  Bull/Bear ratio 2.21
Mikey Thrust indicator: Daily 1 Weekly 5 (1 low, 10 max) 6 -4
DJIA MACD --39.00 Falling /Negative cross 5-9
Weekly MACD +317.43 Falling / Negative cross 5-16
NYSE New Highs 57(12/7 429)  New Lows (1-14 152 ) 41
NASDAQ New Highs 29 (12-7 352) New Lows (3-15 131) 67
Daily NYSE Advance-Decline -172 NASDAQ  Advance-Decline -3
Daily Mikey A/D line NYSE (5-31 33958)+31852
Daily Mikey A/D line NASDAQ (2-18 10095) +3233
5 day AD NYSE +2193 NASDAQ +1066  NYSE..(OB +4000 OS -4000) 
 % above 200 day ave 64 %
Days to option expiration :11
DJI Moving Averages

5 day 12390 Falling/Price below
20 day 12519 Falling/ Price below
50 day 12460  Rising/Price below
90 day 12295 Rising/Price below
200 day 11630 Rising/Price above
20 week 12263 Rising/Price above
50 week 11434 Rising/ Price above
90 week 10949 Rising/Price above
200 week 10819 Flat/Price above

Comments:
5-2 Bin Laden killed Stocks, Metals and commodities all sell off
Mikey buys ERY@ 13.14
5-3 NYSE Net declines -907 NASDAQ -1042 day now in decline DJI masking decline
IBD changes to market under pressure. Silver nears 40 and Gold shows weakness. Russia (RSX) looks close to breaking down.  Aussie looks like silver 4 days ago.
5-4Brazil to downtrend, Russia to downtrend, China to Neutral, India to downtrend, Brazilian Real big down day under review. Aussie strong sell off. US and Europe weakening.  Silver is now down to its 50 day. 10 bucks off of its highs last week.
5-5 IBD Market in correction. Oil -9.00 and Gold -34.00 joined the commodity sell off and now everyone sees it. BRIC'S are all in a sell off except China which is all but there. Foreign bonds had a bad day with the first big uptick in the Dollar Index +1.14. Commodities index in downtrend Aussie,-.0159, and Euro -.0259 were the standoffs on the downside. The broad commodity index is now in a downtrend. Silver free falls to 34 today right to its 90 day average and just above a trend line drawn from its Sept lows.
5-6 jobs numbers show economy is growing.  Oversold rally today. Oil 98.08 changed to downtrend today. Mikey buys DXD @ 16.60
5-9 oversold rally continues. Margin on oil increased to 25% by CME for tomorrow trades. Commodities rally and dollar sells off. Traders still in the dark about Fed intentions
5-11 Decline resumes Dollar Index at 50 day ave. All commodities are in decline except Gold and Gasoline
5-12 Blog not posted unable to access
5-13 Dollar potential reversal up Brazil Real, British Pd, Euro, Loony, all downgraded to downtrends
Emerging markets, Japan, China markets downgraded to downtrend. Coffee downgraded to downtrend
International bonds downgraded to correcting. US market hanging on to 20 day average. Gasoline downgraded to correcting.
5-16 Gasoline tanks .14 enters downtrend NASDAQ enters downtrend, DJI breaks 20 day ave. All commodities in downtrend except Gold. Soros sells most of Gold holdings
5-17 3 days to options expiration and the 5 day  AD NYSE -4203 NASDAQ -4008  both are now oversold and the puts ran at .92 with heavy out premium of 1.12 today I would expect the crooks to rally into and probably out of expiration to waste the put buyers.
5-18 Put options killing rally
5-19 Ditto yesterday
5-20 Option expire Mikey buys VXZ 51.76
5-23 Dollar breaks out end of the world coming for Stocks a little late
5-24 Mikey calls DJI 12356 in downtrend
5-27 Dollar reverses down assets reverse up
5-31 IBD and Mikey current trend up
6-1 Whipsaw selloff 10 yr rates 2.96, 30 year to 4.15 6 month lows. Economic weakness story being told for the first time

The DJI is on a sell signal the question is are they going to spank the shorts again and if so how are they going to do it. They have been putting pressure on the dollar again and a weak jobs number may push the risk trade game back on. Everyone is now clueless about the short term and that includes me.

Mikey