Read Rogue Traderette about why trading forex is different from equities, here.
Comments »A paper published in Nature Climate Change demonstrates how large wind farms affect local surface temperatures, primarily by increasing them.
Read the press release for the paper here.
Comments »Some commentary from The Reformed Broker on the recent action in REITs.
Read his great post with some charts, here.
Comments »Read the accompanying article about Einhorn’s CC here.
Comments »Read a comprehensive summary of the arrests, planned actions, and details on the individuals involved, here.
Comments »Incredible piece of investigate journalism by John Koblin (@koblin) over at Deadspin.com. RUN, don’t walk to read it.
UPDATE: @sarahphilli has since been fired from ESPN.com as a freelance contributor.
Comments »NEW YORK (Reuters) – Bill Gross, founder and co-chief investment officer of bond giant PIMCO, told CNBC on Tuesday that the U.S. could be headed toward a credit rating downgrade if it does not tackle its deficit.
Gross cited a U.S. structural deficit figure between six and eight percent greater than any other country besides Japan and the United Kingdom, and added “until we address that structural deficit then yes, we’re headed to AA territory.”
The U.S. is currently rated AA plus by Standard & Poor’s and AAA by Moody’s and Fitch.
Read here:
Comments »OAKLAND, Calif. (AP) – Hundreds of activists across the U.S. joined the worldwide May Day protests on Tuesday, with Occupy Wall Street members in several cities leading demonstrations and in some cases clashing with police.
In Oakland, Calif., stinging gas sent protesters fleeing a downtown intersection where they were demonstrating. It was unclear whether police fired the gas, but officers took four people into custody.
Black-clad protesters in Seattle used sticks to small downtown windows and ran through the streets disrupting traffic.
In New York, police in riot gear lined the front of a Bank of America, facing several dozen Occupy activists marching behind barricades. “Bank of America. Bad for America!” they chanted. About 50 demonstrators in Chicago rallied outside another of the bank’s branches.
Read the rest here:
Comments »Facebook will begin marketing its highly-anticipated initial public offering as early as Monday, according to people familiar with the matter, if no last-minute red flags from the Securities and Exchange Commission are raised.
Under the planned schedule, Facebook shares could begin trading as early as May 16 or May 17, according to these people.
The timing could come down to the wire – with an official prospectus not being made publicly available to prospective investors until as late as Monday morning, these people added.
Read the rest here:
Comments »According to BI their research shows the Apple has destroyed 490k jobs in America. This is an unfair statement given it should be every companies goal to do their best. Sometimes doing your best means competitors will fall in your wake.
Comments »
The iconic Sahara Hotel & Casino is coming back as a redesigned and reconceived SLS Las Vegas that’s expected to open in 2014. Philippe Starck will do the interior design at what will become a resort with name-brand restaurants, clubs and more than 1,600 guest rooms and suites.
In a brazen criminal scheme to defraud taxpayers, one of the highest-ranking officials in the U.S. Immigration and Customs Enforcement agency pleaded guilty Tuesday in federal court to helping embezzle more than $500,000 from the federal government.
Over three years, James Woosley and at least five other ICE employees scammed the agency by fabricating expenses for trips that were never taken and for hotel, rental car and restaurant expenses that did not exist, according to court records.
His son, also named James Woosley, and live-in girlfriend, Lateisha Rollerson — both ICE employees — allegedly ran the scam out of the elder Woosley’s two Virginia homes.
Here’s how it worked, according to court records:
Read the rest here:
Comments »NYSE
New Highs 154 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ ACCO Brands ACCO 13.30 1,339,925 Ace Ltd ACE 77.30 378,017 AT&T T 33.31 7,119,549 Acadia Realty Trust AKR 23.45 36,731 Affiliated Managers AMG 115.66 101,739 Airgas Inc ARG 91.99 103,910 Alliant Energy LNT 45.51 157,484 Allied World AWH 72.50 33,590 Altria Group Inc MO 32.57 1,969,684 American Express AXP 60.98 1,940,951 Amer Fincl Grp AFG 40.29 108,836 Amer Intl Grp Inc. Wt AIG/WS 13.30 30,845 Amer Intl Group AIG 34.95 3,029,586 American Tower REIT AMT 66.07 521,905 Amer Vanguard AVD 25.71 79,255 American Water Works Co AWK 34.83 182,385 Ametek AME 51.33 272,786 ApartmentInvMgmt7%Cl Z AIVpZ 25.28 1,870 Asbury Automotive ABG 29.50 171,823 Atlas Energy ATLS 39.35 44,401 Avalonbay Communities AVB 147.51 128,183 Avista AVA 26.69 64,345 Bank Of Hawaii BOH 49.99 172,035 WR Berkley WRB 38.23 71,198 BlackRock Muni Bnd BIE 16.64 4,636 BlackRock Mun Inco BBF 15.46 18,278 BlkRk MuniHldgs MHD 18.55 30,243 BlackRock NY Municipal Tr BNY 16.41 8,412 Brinker Intl EAT 32.68 735,398 Brown & Brown BRO 27.28 224,792 Brown Forman A BF/A 85.91 3,838 CMS Energy Corp CMS 23.21 604,642 Calpine CPN 18.98 675,218 Canadian Natl Railway CNI 87.10 203,878 Chubb Corp CB 74.38 315,546 CinemarkHldgs CNK 23.27 118,675 Cleco Corp CNL 41.21 80,121 Collective Brands PSS 21.34 20,018,212 Cooper Cos COO 88.75 47,691 Core Labs CLB 139.87 80,331 CubeSmart CUBE 12.86 243,212 DCT Industrial Trust DCT 6.00 430,294 DTE Energy DTE 56.82 163,165 Digital Domain Media Grp DDMG 9.09 237,966 Digital Realty Trust DLR 75.90 108,924 Discover Fnl Svcs DFS 34.63 843,472 Dupont Fabros Technology DFT 27.70 227,146 Dycom Indus DY 23.95 34,123 Ecolab Inc ECL 64.35 426,328 Ecopetrol EC 67.41 243,096 Education Realty Trust EDR 11.48 124,522 Enbridge Inc ENB 42.00 128,092 Equity One EQY 21.20 82,841 Essex Property Trust ESS 160.05 100,594 Everest Re RE 100.34 186,734 Extra Space Storage EXR 30.67 674,810 Federal Realty Inv Trust FRT 102.50 86,864 Fidelity Ntl Financial FNF 19.56 402,241 Fst Niagara Finl Pfd B FNFGpB 28.60 2,332 FirstEnergy FE 47.20 500,126 FleetCor Technologies FLT 40.50 48,881 FortuneBrandsHome&Sec FBHS 23.85 814,188 Gallagher AJG 37.90 98,731 Gap Inc GPS 29.21 2,226,236 Gartner Inc IT 44.08 52,615 Gaylord Entertainment GET 35.89 608,887 WR Grace GRA 60.59 155,888 Grupo Aero Sureste ads ASR 83.48 17,162 H&Q Healthcare HQH 17.19 29,026 H&Q Life Sciences HQL 14.38 9,398 Haemonetics HAE 73.30 146,471 John Hancock Income Secs JHS 16.21 24,006 Hartford Fin Svs Deb 2042 HGH 26.50 18,308 Hawaiian Elec HE 26.91 111,466 Heartland Payment HPY 34.00 394,406 Helios Multi-Sec Inco Fd HMH 6.13 21,099 Hercules Tech Nts 2019 HTGZ 24.95 3,900 Hershey HSY 67.37 282,683 Home Depot HD 52.49 1,711,532 DR Horton DHI 16.74 1,001,932 Hospitality Properties Tr HPT 27.95 100,885 Hubbell B HUB/B 81.37 25,836 Hubbell A HUB/A 77.85 200 Integrys Engy Gp TEG 54.98 99,517 Invesco CA Qty Tr IQC 14.63 3,322 Kraft Foods KFT 39.99 2,806,662 La-Z-Boy LZB 15.45 66,587 LaSalle Hotel Prprts LHO 30.09 128,483 LeapFrog Cl A LF 9.57 132,409 Liberty Property Tr LRY 36.96 165,512 Lithia Motors LAD 27.99 95,988 Lumber Liquidators Hldgs LL 29.49 139,069 MFS Munl Inco MFM 7.60 31,525 Macerich MAC 62.54 208,036 MarriottVacations VAC 29.92 158,524 Marsh & McLennan MMC 34.24 2,107,506 Mastercard MA 462.80 339,130 Mohawk Indus MHK 68.91 128,486 Monmth Rl Es Inv7.625% A MNRpA 25.73 100 NV Engy NVE 16.75 154,879 NiSource NI 25.79 2,101,446 Nuveen CA Investment NQC 15.95 6,293 Omnicom Grp OMC 51.78 454,815 PNC Fincl Svcs PNC 67.54 564,032 PPG Industries PPG 106.87 258,311 PS Business Parks PSB 69.15 7,894 Pebblebrook Hotel Trust PEB 24.41 71,412 PA REIT 8.25% Pfd PEIpA 25.27 12,067 Philip Morris Intl PM 90.83 1,196,369 Post Properties PPS 49.36 76,569 PPLUS 6.00% Sers GSC-3 PYC 23.64 5,380 Proto Labs PRLB 38.57 12,580 Public Storage Dep Pfd S PSApS 25.97 6,420 Public Storage PSA 145.29 112,619 PulteGroup PHM 10.19 2,548,376 Realty Income O 39.69 116,479 Roper Indus ROP 103.34 81,683 Roundys RNDY 12.47 123,336 Scana Corp SCG 46.41 121,745 SeaCube Container Leasing BOX 18.99 29,352 Semgroup A SEMG 31.97 59,668 Semgroup Wt SEMG/WS 8.94 200 Sempra Energy SRE 65.23 292,615 Simon Property Group SPG 158.57 446,170 Sovran Self Storage SSS 53.58 13,503 Standard Pacific SPF 5.34 3,735,917 Standex Intl SXI 45.39 10,452 Sturm Ruger RGR 58.42 213,299 Sun Communities SUI 44.41 47,241 Targa Resources TRGP 49.26 74,347 Targa Resources Partners NGLS 43.52 40,795 Teekay LNG Ptnrs un TGP 41.88 70,815 Teleflex Inc TFX 64.79 97,485 Telephone & Data Sys Nts TDE 27.13 8,703 Teradata Cp TDC 71.44 691,022 Textainer Group Hldg TGH 35.75 27,662 Thai Fund Inc TTF 16.81 22,674 Thor Indus THO 34.70 106,319 3D Sys DDD 31.56 597,500 Tim Hortons THI 58.19 48,523 Toll Brothers TOL 26.08 881,125 Toro Co TTC 73.05 36,445 Tortoise Engy Cap Pfd C TYYpC 10.38 2,400
Travelers Cos TRV 64.99 748,166 US Airways Grp LCC 10.48 1,794,171 US Bancorp USB 32.61 1,861,188 Ventas VTR 59.72 264,177 Verizon Communications VZ 40.82 6,050,196 VISA (Cl A) V 125.00 1,115,979 Weingarten Realty Inv WRI 27.02 129,261 Wells Fargo Wt WFC/WS 13.00 7,234 Williams Cos WMB 34.51 1,850,582 Wisconsin Energy WEC 37.00 405,966 Wyndham Worldwide WYN 51.37 352,190 New Lows 5 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ ConocoPhillips COP 55.46 4,692,542 Emergent Biosoltns EBS 13.80 30,346 IntraLinks Holdings IL 4.58 186,334 Panasonic Cp PC 7.48 70,516 Sony Corp ADS SNE 15.78 479,771
NASDAQ
New Highs 82 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Ada-es ADES 27.95 17,086 Ansys ANSS 68.47 75,791 ASB Bancorp ASBB 13.40 100 Abiomed ABMD 24.98 161,410 Acorn Energy ACFN 12.64 56,322 Actuate BIRT 7.15 58,630 Advisory Board ABCO 92.37 35,744 Allot Comm ALLT 26.92 467,646 AmeriServ Fincl ASRV 3.00 19,207 AmTr Fincl Svcs AFSI 27.97 41,759 Apogee Enterprises APOG 15.70 94,569 Aware AWRE 6.60 68,143 Benihana BNHN 14.47 40,324 Biogen Idec BIIB 134.67 902,332 Body Central BODY 30.93 47,198 Bridge Capital Hldgs BBNK 15.92 5,562 Capitol Federal Finl CFFN 12.15 471,811 Cardtronics Inc CATM 29.00 498,109 CarolinaBk CLBH 5.25 14,808 Central Bancorp CEBK 30.95 17,479 Cerner CERN 83.87 693,712 Churchill Downs CHDN 60.76 15,151 Cincinnati Fincl CINF 36.07 91,397 Citizens South Banking CSBC 5.04 1,500 Comcast CMCSA 30.79 3,625,602 Comcast A Sp CMCSK 30.33 1,122,475 Community Trust Bancorp CTBI 32.89 5,023 Crimson Exploration CXPO 5.64 100,208 Cynosure (Cl A) CYNO 23.00 134,344 Discovery Comm A DISCA 55.20 415,621 Dollar Tree DLTR 102.85 162,603 EarthLink ELNK 8.39 258,698 Emmis Comm (Cl A) EMMS 1.29 132,919 EnteroMedics ETRM 2.99 23,760 FEI Co FEIC 51.25 49,060 Female Health FHCO 6.25 22,633 Fidelity Southern LION 8.56 2,034 First Merchants FRME 12.67 36,883 FirstBank (Michigan) FBMI 9.99 1,100 Fiserv FISV 71.38 118,753 HSN Inc HSNI 39.36 122,290 Hain Celestial Group HAIN 48.36 101,981 Heartland Fincl USA HTLF 19.00 9,453 Hibbett Sports HIBB 61.00 88,753 Homeownrs Choice HCII 14.67 68,403 iGATE IGTE 19.95 107,464 Infinity Pharmaceuticals INFI 13.75 7,386 Intel INTC 28.90 10,197,494 Kulicke & Soffa Inds KLIC 13.69 494,926 Lincoln Electric Hldgs LECO 49.79 57,878 MWI Veterinary Supply MWIV 96.37 9,973 Madison Square Garden MSG 36.22 32,922 Malvern Federal Bancorp MLVF 9.00 100 Medidata Solutions Inc MDSO 29.25 283,366 Medivation MDVN 81.99 189,551 Micros Systems MCRS 57.74 58,143 Monolithic Power Systems MPWR 22.40 468,240 National Penn Bancshares NPBC 9.43 116,457 O'Reilly Automotive ORLY 106.90 367,580 OYO Geospace OYOG 117.00 12,921 Old Line Bancshrs OLBK 11.11 903 PF Chang's China Bistro PFCB 51.64 3,988,179 PHI Non-Voting PHIIK 27.06 1,245 PLX Tech PLXT 6.70 2,097,083 Penford PENX 8.31 34,282 Pinnacle Fincl Partners PNFP 18.69 13,822 Questcor Pharma QCOR 46.69 857,980 Retail Opp Investment ROIC 12.25 94,679 Ross Stores ROST 62.80 431,233 SBA Comm SBAC 55.39 1,036,002 SCBT Fincl SCBT 34.89 4,976 Saia SAIA 18.95 103,673 John B Sanfilippo & Son JBSS 14.75 11,350 SeagateTech STX 32.34 9,368,284 Signature Bank SBNY 66.88 41,234 Smith & Wesson Hldg SWHC 8.62 820,694 Sourcefire FIRE 57.95 1,493,775 Spirit Airlines SAVE 24.61 282,615 Texas Roadhouse TXRH 18.97 960,227 TripAdvisor TRIP 37.89 977,829 Ultimate Software Group ULTI 78.14 32,365 ViewPoint Fincl Group VPFG 16.59 77,111 New Lows 9 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ ENGlobal Corp ENG 1.92 11,400 Groupon Inc GRPN 10.56 1,298,554 Leap Wireless Intl LEAP 5.42 966,229 Meru Networks MERU 2.25 231,167 NII Hldgs NIHD 13.28 2,099,913 SMART Technologies SMT 2.46 30,699 Sycamore Networks SCMR 15.50 20,570 Vicor VICR 6.89 17,328 Zynga ZNGA 7.95 20,784,812Comments »
[youtube://http://www.youtube.com/watch?v=nnG7yIHtlMY 450 300]
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“Coca-Cola has been ordered to temporarily halt production at a bottling plant in northern China, after media reports of chlorine in its products, according to a government statement.
Shanxi province ordered an investigation after reports that a batch of drinks contained water with chlorine, the province’s quality bureau said in a statement at the weekend…”
Comments »-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE NTAP 6/16/12 40.0000 10175 2.4800 up 0.7800 PFE 1/19/13 24.0000 9147 0.6400 dn 0.0800 GT 6/16/12 12.0000 4996 0.3500 up 0.1000 AAPL 5/4/12 600.0000 4253 4.5500 up 1.6700 SPY 5/19/12 142.0000 3630 1.2600 up 0.4500 ACI 5/19/12 10.0000 3574 0.2600 dn 0.2000 AAPL 5/4/12 590.0000 2949 9.9500 up 4.1500 SPY 5/4/12 141.0000 2890 0.9000 up 0.5000 PFE 5/19/12 23.0000 2827 0.1800 dn 0.1100 SPY 5/19/12 141.0000 2703 1.8100 up 0.5500 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE SPY 5/4/12 140.0000 7882 0.4000 dn 0.5600 SPY 5/19/12 134.0000 5369 0.2800 dn 0.1700 SPY 5/19/12 138.0000 5242 0.7500 dn 0.4400 SPY 8/18/12 135.0000 5000 3.6200 dn 0.0300 SPY 9/28/12 137.0000 5000 5.0300 dn 0.5700 SPY 9/28/12 117.0000 5000 1.4200 dn 0.1800 SPY 5/19/12 135.0000 4262 0.3500 dn 0.2300 ANR 5/19/12 15.0000 3618 0.3900 dn 0.0400 SPY 5/4/12 139.0000 3426 0.2100 dn 0.3500 SPY 5/19/12 127.0000 3010 0.1100 dn 0.0100 -VOLUME- CALLS PUTS TOTAL 674389 672744 1347133
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE PFE 5/19/12 23.0000 536 0.2100 dn 0.0800 INTC 5/19/12 30.0000 518 0.0800 up 0.0300 INTC 5/19/12 31.0000 500 0.0400 up 0.0200 NOK 5/4/12 4.5000 400 0.0100 dn 0.0300 SHLD 5/4/12 70.0000 373 0.2000 dn 4.8000 AAPL 5/4/12 600.0000 333 4.3800 up 1.6400 GPS 5/19/12 31.0000 300 0.3100 up 0.0700 GPS 5/19/12 32.0000 300 0.1900 up 0.0700 AAPL 5/4/12 590.0000 265 9.8700 up 3.9700 GLD 5/4/12 162.0000 255 0.7300 up 0.0200 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE INTC 5/19/12 26.0000 500 0.0300 dn 0.0300 INTC 5/19/12 25.0000 500 0.0200 dn 0.0100 HL 5/4/12 3.5000 400 0.0200 up 0.0000 PFE 5/19/12 22.0000 378 0.1600 dn 0.0400 HAL 7/21/12 31.0000 352 0.8900 up 0.0000 RIMM 5/4/12 15.0000 212 0.9400 up 0.1100 HL 5/4/12 3.0000 200 0.0300 dn 0.0800 HL 5/4/12 4.0000 200 0.0200 up 0.0000 CHK 7/21/12 17.0000 132 0.8600 dn 0.4800 AAPL 5/4/12 580.0000 113 1.9400 dn 4.8600 -VOLUME- CALLS PUTS TOTAL 37053 27960 65013Comments »
Some 50 million jobs have been lost since 2008 and improvement is not expected for the next 5 years….
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