«An eerie stillness«

http://www.raymondjames.com/inv_strat.htm

We need Bill to stay quiet about gold! The Gnomes are apparently reading his blog and wanting to show him who's really in power. :)

But seriously, it looks like The Trade continues. Out of commodities, into equities. Somebody is sure making a mint in this market. Hmm. Better check that GS chart.....

Appropos tinman's link, today home builder MDC Holdings reported a steep drop in earnings and new orders, yet the stock has been bid up over $1. The other HBs are also rallying.

The disconnect between the reality on the street and the stock market could not be more sharply drawn than it is today.

Bill the CCO flood with the 4th test of 38 area and your favorite, RSI(7) at 30.64 may make this an intersting trade...any thoughts.

I think Jock was looking for uranium prices.

FWIW it appears uranium is not traded like a commodity; prices are determined from negotiated contracts. Prices are posted monthly and weekly by different services.

The CCJ website lists two reporting companies, with the latest price at 56.25 on October 20. I've visited both sites which states on the public (and not subscription) sites that prices are delayed.

http://www.cameco.com/investor_relations/ux_history/

Note the trending chart and price history. This info does not include the CCJ flooding mine incident.

No position in uranium miners at this time, but do have a position in USU which provides uranium enrichment to nuclear facilities. Among other things, USU recycles weapons-grade uranium taken from dismantled Russian nuclear warheads under a 20 year program. The enriched uranium is then used by nuclear facilities to produce electricity. USU broke thru the Keltner channel yesterday.

.. goosing the oils and golds up to resistance today I guess to distribute... or is this part of something larger?

- there is this US & Iran show of military force
in the Gulf going on soon... will Bush need to scare the public again?

Anyone trade AMZN - haven't looked at that stock in years

AMZN has (had?) 40 million shares short - big spike this a.m. - prior to earnings...

If I recall AMZN used to have big moves afer ts earnings... so some kind of options play going on today with AMZN.

It was reported on some blog that expected volatility was priced quite low in the options... I guess it got repriced today!

Might put this one on my radar for tomorrow just for kicks...

anyone?

BTW... I guess everyone who is day trading has caught on to the latest pattern - many blogs are now reporting it...

.. basically buying keeps coming in at about 9:50 and at 14:30 to support the market...

I guess they'll have to change the game soon...

Re: "buying keeps coming in at about 9:50 and at 14:30"

Daytraders' credo..."never buy/short the current market before 10:00 AM, thus giving the previous night's Cramer's Mad Money, Nightly Business News, CNBC, et al, viewers the opportunity to prime it.

At day's end if you are confident the current market trend will continue - buy/short when other daytraders are closing their daily positions."

AMZN behaving as expected...

Anyone doubting the market and plays in these stocks are rigged need look no further than this one.

Until today I had not looked at this one for years - but same ole, same ole... time after time

I still wonder - why do they allow After Hours trading anyways - it is just a way to manipulate stocks.

Either shut it down - or make the market 24 hours.

I won't play AMZN the other way now until I see if those who shorted AH's also get squeezed tomorrow.

...btw Why are people still shorting all these stocks before earnings - surely after 2 months of short squeezing they would have realized that Paulson & CO. is running them out of the market....

oh well ... more opportunities for the nimble