On NYSE - KRY sp taking some lumps along with the rest of the Market. But, we did get the early week pop. Last report I noted that OBV had seen this coming. Seems someone may be accumulating in a sly manner. Better than 10M in volume this week. Would be nice to stay above 0.38 on this down cycle. Of course, news trumps all.
S&P500 taking a pretty good beating, down about 2%. AIPC is one of very few green drops in a sea of red. Still not sure why Spain and Greece have anything to do with the dumping. Kinda makes some sense, but then... ...US Banks getting spanked makes more sense as that is what nailed the Market last time. Still seeing those Alt-A and Option-ARM recastings looming in the not-too-far future. Europe may be a good reason to use for some Big Guys who are seeing this.
Gold saw a major sell-off at close of London, then popped back. Up a few nickels at this time. Things may be bad, but not so sure so bad that we start stockpiling drygoods and weapons and gold (can't eat gold). GLD may be the way to go. Physical gold is not as liquid. And when the little guy buys it seems to be at higher than market - while when selling, at less than market.
Another Furlough Friday. Going to miss them if they go away, although there will be more pay. But, sometimes money isn't everything.