This Morning’s Heat Map, A/D Line, and Money Flows

Heat map

A/D Line

Money Flows

ISSUE GAINERS                 SYMBOL   EXCH   LAST PRICE   MONEY FLOW    RATIO 
                                                          (in millions) 
Apple                          AAPL    NASD      387.69       +16.5       1.07 
IBM                            IBM     NYSE      191.78       +13.8       1.79 
Eli Lilly                      LLY     NYSE       39.42       +11.4       1.53 
General Electric               GE      NYSE       16.71       +10.5       1.67 
Microsoft                      MSFT    NASD       25.46        +9.9       1.46 
Banco Santander Ch             SAN     NYSE       69.14        +9.6       1.41 
Procter & Gamble               PG      NYSE       64.83        +8.6       2.23 
Hewlett-Packard                HPQ     NYSE       27.82        +7.7       2.33 
SPDR S&P Homebuilders          XHB     ARCA       17.01        +7.2      14.65 
Vale S.A.                      VALE    NYSE       23.65        +7.0       2.78 
Pfizer                         PFE     NYSE       20.40        +6.5       1.40 
Freeport McMoran               FCX     NYSE       40.47        +6.4       1.45 
Johnson & Johnson              JNJ     NYSE       63.65        +4.7       1.41 
Verizon Communications         VZ      NYSE       38.07        +4.6       1.93 
Citigroup                      C       NYSE       28.98        +4.0       1.09 
F M C Corp                     FMC     NYSE       83.86        +3.7       2.70 
Abbott Labs                    ABT     NYSE       54.43        +3.6       1.83 
Anadarko Pete                  APC     NYSE       80.87        +3.5       1.51 
ExxonMobil                     XOM     NYSE       80.63        +3.3       1.12 
iShrs MSCI United Kingdom      EWU     ARCA       16.45        +3.2       5.03 

ISSUE DECLINERS               SYMBOL   EXCH   LAST PRICE   MONEY FLOW    RATIO 
                                                          (in millions) 
WisTree Drey Chin Yuan         CYB     ARCA       25.61       -30.1       0.00 
WT Asia Local Debt             ALD     ARCA       50.70       -27.4       0.00 
Vanguard Total Bond Mkt        BND     ARCA       83.32       -20.8       0.05 
Semiconductor HOLDRs Tr        SMH     ARCA       31.00       -15.4       0.05 
Bank Of America                BAC     NYSE        5.82       -14.2       0.61 
AT&T                           T       NYSE       29.10       -10.5       0.40 
Dollar General                 DG      NYSE       39.00       -10.1       0.76 
Google                         GOOG    NASD      620.88        -9.6       0.88 
iShs MSCI All Cty As x Jp      AAXJ    NASD       52.00        -9.1       0.05 
Oracle                         ORCL    NASD       31.14        -9.0       0.57 
Cisco Systems                  CSCO    NASD       18.80        -8.7       0.46 
iShr FTSE China 25             FXI     ARCA       36.53        -8.7       0.34 
Caterpillar                    CAT     NYSE       94.31        -8.6       0.76 
McDonald's                     MCD     NYSE       95.91        -8.3       0.49 
Philip Morris Intl             PM      NYSE       74.94        -8.1       0.50 
Bankrate                       RATE    NYSE       18.24        -7.6       0.33 
Wal-Mart Stores                WMT     NYSE       58.97        -7.6       0.54 
Deere & Co                     DE      NYSE       77.63        -6.7       0.62 
Altria Group Inc               MO      NYSE       28.59        -6.3       0.37 
iShrs Russell 2000             IWM     ARCA       73.70        -5.8       0.88

Oil inventories see a build of 1.3 million barrels

Gasoline inventories build 5x expectations with 5.2 million barrels in storage

Distalites see a build of 2.5 million barrels

+2.5% to 6.02%

Hopefully we will outperform as sales in every category have beaten expectations.  Hopefully the U.S. can decouple from the European nightmare.

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Ci’est la vi 

Let’s hope Europe does get tit together

A survey on consumer spending for the holidays.

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From Z.H.

As the attached chart showing USD liquidity swap line usage by the ECB, or more specifically by European banks, we have now seen a surge to levels last seen in August 2009. However, more importantly this is where the usage was for the first time after the failure of Bear Stearns, and when everyone thought all had been fixed… until Lehman came. We are there now, in other words, we have just experienced a behind the scenes Bear-type event. What is disturbing is just how fast the rate of change was this time around compared to before, when it took months to get to $50 billion. Now, it was one week. When “Lehman v2.0” hits and it will hit, the next step function in the Fed’s global bailout will be so big and so fast, it will induce vertigo.

Some December market stats 

Four reasons to expect a Santa rally

“GMO Chairman Jeremy Grantham says we’ll have at least five more lean years.

“Sadly, I feel increasingly vindicated by my “seven lean years” forecast of 2½ years ago,” Grantham writes in a note to investors.

“The U.S., and to some extent the world, will not easily recover from the current level of debt overhang, the loss of perceived asset values, and the gross financial incompetence on a scale hitherto undreamed of.”

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No doubt L. B. 

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Political Risk is #1; click here to see the rest

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.

Allstate Corporation (NYSE: ALL) Started as Outperform at Credit Suisse.
Amazon.com Inc. (NASDAQ: AMZN) Started as Hold with $225.00 price target “due to low margins through 2012″ at Canaccord Genuity.
The Blackstone Group LP (NYSE: BX) Raised to Buy with $20.00 price target at Argus.
CenturyLink, Inc. (NYSE: CTL) named as value stock of the day at Zacks.
Chubb Corporation (NYSE: CB) Started as Outperform at Credit Suisse.
Darden Restaurants Inc. (NYSE: DRI) Cut to Hold from Buy at Argus.
Freescale Semiconductor Inc. (NYSE: FSL) Reinstated as Outperform at Credit Suisse.
GeoResources, Inc. (NASDAQ: GEOI) Started as Buy with $43 price target “on a concentrated Eagle Ford/Bakken exposure” by Canaccord Genuity.
Google Inc. (NASDAQ: GOOG) was initiated with a ‘Buy’ rating and $725.00 price target “on robust growth and great value” by Canaccord Genuity.
JDS Uniphase Corporation (NASDAQ: JDSU) Started in new coverage as Buy with a $14.75 price target at Jefferies.
LinkedIn Corporation (NYSE: LNKD) Started as Buy with $85 price target as “growth trumps valuation” by Canaccord Genuity.
Peabody Energy Corporation (NYSE: BTU) Downgraded to Neutral from Buy with $43 price target by Goldman Sachs.
Public Service Enterprise Group Inc. (NYSE: PEG) Downgraded to Neutral from Buy with $33 price target at Goldman Sachs.
Quest Diagnostics Inc. (NYSE: DGX) Started as Hold with $51 target at Auriga.
The Talbots, Inc. (NYSE: TLB) maintained Neutral with $3.00 fair value by Janney Capital Markets.
Travelers Cos. Inc. (NYSE: TRV) Started as Outperform at Credit Suisse.
Unisys Corporation (NYSE: UIS) Raised to Outperform as Bull of the Day at Zacks.
UnitedHealth Group Inc. (NYSE: UNH) added to the US Focus List at Credit Suisse.
Urban Outfitters, Inc. (NASDAQ: URBN) Maintained Neutral with $23.00 price target at Janney Capital Markets.
Willis Group Holdings, PLC (NYSE: WSH) named Bear of the Day at Zacks.

 Source

Gapping up

TLB +76.3%, MIND +16.3%, MW +9.4%, OXGN +18.6%, MW +7.8%, ESIC +6.9%,  YHOO +0.4%, NCS +5.4%,

AVAV, MON +1.8%, VTSS +8.3%, GALE +27.8%, FSLR +4.1%, AVAV +1.9%, MSO +28.2%,  CRZO +3.2%, RIO +1.7%,

NFLX +1%, JDSU +0.8%, DUK +1.1%, CRK +2.1%,

Gapping down

FRO -7.1%, FNFG -5.7%, ING -4.5%, DB -3.6%, STD -2.6%, DG -1.4%BCS -2.4%, CS -2.3%, HCC -1.4% ,  CMM -18.6% ,

JAG -3.3%, SSRI -2%, SLV -1.8%, AU -1.2%, GLD -0.5%, LYG -1.8%, C -1.6%, UBS -1.6%, BRO -1.7% ,  CTIC -3.8%,

MS -1.1%, PLAB -4.5%, VRA -4.3%, BTU -1.8%, EXPR -1.6%, PCX -2.0%,  FAST -1.2%, ANR -1.7%, WLT -1.2%,

FRO -7.1%,  NOK -2.4%, FNFG -5.7%, EXPR -1.6%,

In Play

On the Wires

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Applications rose a whopping 12.8%

Fun times in banking

Shitty water cooler shop talk going on in Europe right now.

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