The S&P 500 touches the 200 day for the first time since the year began. Buying opportunity?
Comments »Monthly Archives: June 2012
Global PMI Data Confirms The Shit is Hitting the Fan
Here is a round up of global PMI data points that show clearly where the global market is headed…
Comments »As a Reminder the Freddy Kreuger of All Presentations Needs to Be Considered for Your Portfolio’s Safety
Auto Sales Come Light Like a “4 Cylinder 2x Truck”
Auto sales are suggesting a slowdown. GM sales just came in line with expectations of 10.4%…
Comments »Obama Administration Changes the Definition of Civilian
[youtube://http://www.youtube.com/watch?v=3t8xwpJZsNc 450 300]
Comments »Coffee Break: Get Up Stand Up
[youtube://http://www.youtube.com/watch?v=L5EixDJ25Lc 450 300] [youtube://http://www.youtube.com/watch?v=JuMlHdxiIZ8 450 300]
Comments »
ISM Index: Prior 54.8, Markey Expects 54, Actual 53.5
Has Central Bank Strategy Now Become a Time Bomb ?
We walk a line of many unknowns in today’s world; we can only hope central banks know what they are doing.
Comments »Today is $GRPN Dilution Day
I’m sure your aware by now that Groupons float is doubling today. At -65% IPO evaluation this may be a spot for a trade, but i’ll wait till $FB can settle down first.
Comments »Rail Traffic Still Shows Growth in the U.S.
“Carloads and intermodal rail traffic are both showing growth this week after some mixed results in recent data. Carloads posted a 1.3% year over year gain while intermodal continued to show relatively good growth at 4.3%. The breadth of the growth was a bit better this week with 16 of the commodity groups showing gains. Coal continues to drag on the overall data. The 10 week moving average for intermodal was flat this week at 3.3%. More details on this week’s data are available via AAR:”
Comments »SHOCK CLAIM: THE EURO IS RALLYING
Euro is now +0.6%!!!!!
Comments »Morgan Stanley CEO: No apologies on Facebook IPO
FLASH: GOLD AND SILVER SOAR
Money is flowing into precious metals. Gold is up 2.5% and silver +2%.
Comments »Infographic: A Closer Look at This Morning’s Jobs Report
Mobile Safari is Now the Fastest Growing Web Browser
“Much of the time when you talk about browser market share, it’s in the context of IE vs. Chrome vs. all the rest. But new data released from e-commerce technology company Monetate today has thrown the mobile version of Safari into the mix. The result? The firm found Mobile Safari to be the most rapidly growing web browser over the past year on its sites, going from 5.84% in Q1 2011 to 11.12% in Q1 2012. That’s not to say it’s the topbrowser – Internet Explorer still holds that crown – but it’s impact is being felt.”
Comments »FLASH: ITALIAN AND SPANISH YIELDS DROP, DESPITE PANIC
FLASH: SPAIN YAWNS OFF MARKET CALAMITY
Dodd Frank Bill Helps to Widen Investigative Scope of JP Morgan
BERLUSCONI TELLS GERMANY TO ‘LEAVE THE EURO’
Italy should start printing fresh euros and Germany should leave the currency union, former Italian Prime Minister Silvio Berlusconi said Friday, MF-Dow Jones reported.
“Here’s my crazy idea; Let’s start printing euros ourselves,” Mr Berlusconi told an assembly of his center-right People of Liberty party’s parliamentary deputies.
“Germany should leave the euro if it doesn’t agree with the European Central Bank serving as a lender of last resort,” he added, MF-Dow Jones said.
If the ECB doesn’t take on that role, Germany’s role in Europe should be reviewed, he said.
Comments »Upgrades and Downgrades This Morning
AAPL, BLK, BX, CZR, DPZ, FB, HPQ, LEAP, LGF, JWN, PDC, PGR, SHLD, S, SYNC, VRA, VMW, ZNGA
Comments »