The clam will come to the rescue…no?
Comments »Monthly Archives: May 2012
Rumors Prop Up European Markets Today
Rumors of joint central bank intervention to prop up financial institutions had Europe off to the races today despite some pretty bad economic news.
Comments »A Look at the S&P Priced in Gold Since 1886
BofA: Sooner Or Later, Chinese Stocks Are Going Way Down
“”Stimulus – be careful what you wish for.”
That’s the title of the latest note to clients from BofA Merrill Lynch’s Hong Kong equity strategists led by David Cui, who are not big fans of China’s attempts at stimulus in recent years.”
Comments »Peter Schiff: The Worst Has Yet To Come
Heat Map and A/D Lines
ALERT: Spanish and Italian Yields are Dropping
Greece is Tanking and Taking European Market Gains With it
FDIC: Loan Balances are Falling for Most Major Categories
The FDIC is out with its quarterly banking report stating that a reversal has occurred where most banks are seeing a decrease in loans among most categories.
Comments »DOW Chemical Wins a $2.16 Billion Settlement from Kuwait’s State Run Chemical Company
$DOW will pick up some coin for winning an arbitration of wrongly cancelled contracts.
Comments »CUT FUNDING TO PAKISTAN: MAN WHO INFORMED WHEREABOUTS OF BIN LADEN CONVICTED OF TREASON
A Pakistani court on Wednesday imposed a 33-year sentence on a doctor who assisted the CIA in the hunt for Osama bin Laden, prompting dismay among U.S. officials and warnings that the punishment will exacerbate already-strained relations and could lead to cuts in aid.
Shakil Afridi, 48, a government surgeon in the semiautonomous Khyber Agency along the Afghanistan border, was convicted of treason for using a vaccination drive to try to gather DNA samples from the Abbottabad compound where bin Laden was in hiding.
Comments »Natty Gaz Making the World a Bit More Green
Breathe in deep as CO2 emissions drop from less coal burning. All thanks to natty gaz….
Comments »Gapping up and Down This Morning
Gapping up
CLSN +4.7%, P +16.2%, VSEC +13%, HPQ +5.8%, PVH +3.7%, SNPS +2%, RDS.A +0.6%,
ELLI +3%, ACI +2.4%, ONXX +2.4%, KUTV +32.2%, CLDX +2.1% , ROSG +15.7%, COST +1.4%,
P +16.2%, HPQ +9.1%,
Gapping down
MNOV -36.4%, NTAP -19.4%, CLDX -6.1%, MTGE -3%, SIG -11.5%, TIF -7.4%, KCG -3.5% ,
MTGE -3%, COH -2.0% , BHI -0.5%,
Comments »Upgrades and Downgrades This Morning
ADI, ARMH, AGO, BHI, DF, DELL, DUK, EV, EXPR, HPQ, HGSI, IRDM, MET, NOV, OCZ, RSH, RA,
Comments »In Play and On the Wires
Initial Claims: Prior 370k, Market Expects 365k, Actual 370k….Durable Goods: Prior -3.9%, Market Expects 0.3%, Actual 0.2%
Wall Street Shows Clearly Who they Care For
The $FB IPO shows you the true colors of Wall st. You the individual investor are nothing more than a small commission. You are nothing to large firms. Oh and thanks for the bailout sucker….
Comments »Costco Posts a Rise in Profits on a 8% Increase in Revenues
$FB Said to be Moving to NYSE
Richard Russell: Stay In Cash, Something, Something ‘BIG’ Is Heading Our Way
“Bearish newsletter guy Richard Russell finds the market action to be very strange and ominous.
As of today’s closing, Dow down 14 out of 16 sessions! This is one you can tell your kids about. And still no collapse in breadth, and still no crash. The only thing I can make out of it is that a lot of people are “standing their ground”.
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