THE PIG SAYS ITS HOT OUTSIDE. IS THIS WHAT THEY CALL THE DOG DAYS OF SUMMER ?
SUCKS TO BE A DOG THEN, CAUSE WE PIGS ALWAYS SWEAT AND THE SWEET SUMMER HEAT IS A WELCOME PHENOMENA. LOTS OF HEAT IN THE MARKETS TODAY, AND THE SENTIMENT SEEMS TO BE HIGH. WHICH IS AN ODD THING FOR THE SUMMERTIME, AND THE STOCK MARKET.....USUALLY IN SUMMER.........ITS WHEN THE HUMANS HIT THE BEACH, THE FARMER HITS THE HAY, AND THE PIG HITS THE STY TO STAY COOL.
ON WITH THE SHOW.....
(FOR THOSE THAT WANT INFO ON ETF'S-OR ON FNDM )
WATCH FOR FNDM BUYING TO INCREASE AGAIN TOMORROW IN ADVANCE OF NEWS. OVER A MILLION SHARES TRADED AND UP 10% ON THE DAY WITH .15 AS THE HIGH. THIS IS GREAT BECAUSE THE HIGHER THE SET BASELINE GOES THE HIGHER THE LAUNCH PAD ON DAY ONE OF THE MOVE. THE PIG LIKES .40 TO .50 LEVEL AS A FIRST ESTABLISHED RESISTANCE AREA.
TWO BUYING GROUPS ARE REPORTED TO BE INCOMING FRIDAY IN ADVANCE OF VERY SIGNIFICANT NEWS FROM A MAJOR US BANK.
AMZ.V..TOP SCANNER OF THE NIGHT !
THIS PIGLETS BEEN IN THE TOP 10, 15 OR 20 FOR 3 MONTHS. THAT TELLS THE PIG THERE'S UNDERLYING STRENGTH, THAT TELLS THE PIG THERE'S FIRE TO THAT BILLION DOLLAR DEPOSIT RUMOUR. THE PIG HAS BEEN WATCHING IT CLOSELY. IT NOW MAY BE TIME TO MOVE ON IT.
IZN.V...PUCKER UP PIGGY YOUR ABOUT TO BE KISSED. NUMBER TWO ON THE NIGHT AND STRONG NUMBERS EVERY WHERE AND IN EVERY SECTOR !MAKE THIS A NICE PIGLET TO OWN. THE PIG WILL BE LOOKING AT GETTING A FEW IN THE NEXT DAY OR TWO...PROVIDED LIQUIDITY IS THERE......YOU KNOW THE RULE
LGD.V...ANOTHER PIGLET THAT'S BEEN HANGING AROUND THE TOP 25 FOR SOME TIME. A PIG PREVIOUS PICK AND ONE THAT'S BEEN IN ACCUMULATION MODE FOR 2 SOLID MONTHS. SCANNED TOP 3 TONIGHT FOR THE FIRST TIME SINCE JULY 2. BUT ITS NOT IN THE OP 3 OR 5 OR EVEN 10 BECAUSEOF LIQUIDITY ISSUES, WE NEED LIQUIDITY TOM TRADE. PATIENCE IS ONE THING, LIQUIDITY IS A CLOSE SECOND IN OUR BUSINESS.GET LIQUIDITY AND GET SOME SHARES.....
THE PIGS SOFTWARE OF THE WEEK....
(FREE TOO)
http://www.jingproject.com/
Copper May Rise Next Week as Commodities Attract More Money, Survey Shows
By - Jul 29, 2010 5:01 PM MDT Thu Jul 29 23:01:00 UTC 2010
A shopper looks at copper fittings for pipes at a Home Depot store in Atlanta.
Photographer: Chris Rank/Bloomberg
Eleven of 21 analysts, investors and traders surveyed by Bloomberg, or 52 percent, said the metal will gain next week. Eight predicted lower prices and two forecast little change. Copper for delivery in three months was up 3.2 percent for this week at $7,255 a metric ton on the London Metal Exchange at 3:45 p.m. yesterday.
Hedge funds and other large speculators boosted their net- long position, or bets on higher prices, for New York copper futures to 3,915 contracts as of July 20 from 2,862 contracts on June 29, according to U.S. Commodity Futures Trading Commission data. Investors put $15.4 billion of new money into raw materials in the second quarter, up from the prior three months, Barclays Capital said July 16.
“We would not be surprised to see fresh money hitting commodities as we head into August, given the rally seen so far in July,” Randy North, a trader at RBC Capital Markets in London, wrote in a report yesterday. “This buying, in turn, will likely trigger further technically driven buying.”
The red bars on the attached chart are derived by subtracting bearish forecasts from bullish estimates, with readings below zero signaling the majority of respondents expect a decline. The green line shows the copper price. The survey data shown are as of July 23.
The weekly copper survey has forecast prices accurately in 47 of the past 97 weeks, or 48 percent
THE PIG FOUND A RALLY GOOD SITE FOR THE NOVICES OUT THERE. IT EXPLAINS A TON OF THINGS ON JUNIOR MINING, TERMINOLOGY, ASSAYING......ETC. CHECK IT OUT ! CLICK THE MENUS ON THE LEFT HAND SIDE FOR THE INDIVIDUAL STOCK PORTFOLIOS. GOOD STUFF !!
http://cjrs.ca/
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