[Weekend Summary]
Dear Member:
As I predicted last week, this week was characterized by low volume and overall was pretty ho-hum. The Dow managed a modest gain for the week while the S&P 500 and the NASDAQ remained flat. As we enter the new year, we will also be entering the earnings season as companies close their books for 2006. The markets should liven up during this period, but the past week has told us little, if anything, about market direction.
I bought Anadarko Petroleum (APC)and it is slightly above my entry point.
Yumana Gold (AUY)is up 3% since my entry.
Wells Fargo (WFC) has returned to the uptrend line, but remains in the uptrend.
Nuveen Sr. Income (NSL) closed at a new high for the year and continues paying dividends on a monthly basis.
I hope you have a fantastic 2007. Thank you for subscribing.
Bill
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