Trading Results for 6/6/12

Strong gains across the board with the S&P up almost 30 points to 1315, the DJIA up above 12,414 or 2.37% and the NASDAQ up 2.4%. This may be a suckers rally pulling investors/traders into the market to build more cause for downward price moves.

My portfolios were flat to marginally up despite the markets action. I may want to pare some of my gold and gold miner exposure. I have some concern that the action in the TIPS, GLD, and other rate/monetary stimulus/inflation related investments are not confirming any future Fed actions. That said, silver surged on the day, which may suggest that future stimulus is not necessarily off the table just yet.