Bill Cara's Blog for Dec 1, 2010 December 1, 2010 by Bill Cara Bookmark and Share
CTA Trading Desk Morning Report
[7:00am ET] Good morning. Christmas came early this year. The first $100,000 gold-specific account I started to manage for clients has popped to $143,200.37, net of fees and commissions. It closed Nov 1 at $114,713.60. The nice thing is I slept well last night, the “template” account has $75,190.98 in cash plus a balanced weighting in six stocks.
Today is a new day, however, as precious metal prices have lifted again, this time back in line with a rising Euro.