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Fleck's Thoughts
IndexClose% Change
Dow Transports12621.48-0.74
Dow Utilities880.92-0.19
S&P 5003629.68-0.16
Nasdaq 10012152.210.6
Russel 20001845.36-0.44
VIX Index21.19-2.08
10 Year Gov't Yield0.88-0.19
Spot Gold1806.52-0.06
Spot Silver23.350.33
GDX-Gold Miners34.041.86
Crude Oil45.81.98
Dollar Index91.96-0.28
Euro Spot1.190.25
Japanese 10 Year0.0355.56
Shanghai SE3362.33-1.19
Long Bond 20-year172.84-0.04

Happy Thanksgiving


The indices were mixed through midday, with the Nasdaq a little higher and the other two a bit lower, but there was no real information in the trading I don't think. In the afternoon, not much happened.

Away from stocks, green paper was a bit weaker again today, fixed income was flat, as were the metals, while the miners were reasonably strong, although nothing eye-popping, especially considering the beating they've just taken.

Bill and Fred's Excellent Adventure On that subject, we'll be taping the next End Game podcast on Friday and this one is going to be with my good friend, Fred Hickey. We are going to discuss (among other topics) the prospects for gold, the recent gold decline and, more importantly, going through the companies that he likes (which are pretty much the same ones I do) to really flesh out the fundamentals.

Hopefully, the discussion will be useful to people, as I have not seen it done anywhere else yet. Fred covers the miners that he likes in his newsletter, but he can never really devote enough time to each one. Hence the rationale for a deeper dive. I expect the episode will get posted sometime early next week.

Housekeeping There will be no Rap or Ask Fleck on Thursday because of the holiday, nor on Friday because it's a shortened session and there will be no useful information in what takes place, as is the case on most days currently. I'd like to wish everyone a wonderful Thanksgiving and remind everyone that sometime in the next week or so I'll be putting in my usual plug for matching donations to Roanoke Park Counseling (formerly known as Shepherd's Counseling Services).