http://www.youtube.com/watch?v=a8bSeFjT2O4&feature=g-all-u
Comments »Monthly Archives: August 2012
Mitt Romney’s RNC Acceptance Speech (VIDEO)
Small Bombs (Hybrid movers under $10)
Will Bernanke Give Us The Crack?
Comments »Financial markets are likely to continue to expect another round of Fed easing for the time being, even if Fed Chairman Ben Bernanke just holds out hope for more without committing to it.
Bernanke gives his much anticipated speech at 10 a.m. ET in Jackson Hole Friday, and because he discussed quantitative easing at the Fed’s annual symposium there two years ago, market expectations have been running high that he would promise more.
High Volume / High Hybrid Movers
Industry Breadth
Market Update
Markets fall under pressure today as hope of QE3 fade for investors. Concerns for global growth remain in focus.
[youtube://http://www.youtube.com/watch?v=DDRPtg0kmJU 450 300] Comments »Meet Gywneth Todd
Came across this article which was spurred by an article in the Washington Post. Very interesting indeud.
Comments »Retail Sales Come in Stronger Than Expected
Is the U.S. Really Going Bankrupt?
“I’ve been watching a number of the RepublicanNational Convention speeches and while I like a lot of what I’ve heard I have to say that there seems to be one overarching and rather disturbing trend in the rhetoric. There is an endless discussion about the USA going bankrupt. Even worse, there have been endless comparisons to Greece and other European nations. This is an egregious misunderstanding ofthe way our monetary system works. I won’t regurgitate all of what I just recently wrote in this piece, but this is really rather simple so I’ll pull a snippet:”
Comments »Yelp Needs No Help When it Comes to Shareholder Confidence
” (AP) SAN FRANCISCO – Yelp’s (YELP) early backers apparently still have a high opinion of the online business review service, much to Wall Street’s relief, after insiders at several other Internet companies dumped some of their shares at the first opportunity.
A Wednesday increase of more than 22 percent n Yelp’s stock price signaled the company’s major shareholders are holding on to their stakes instead of seizing on a chance to reap the gains that have accumulated from investments made before the 8-year-old service went public in early March.”
Comments »Upgrades and Downgrades This Morning
VRTX, HUM, P, AMSWA, NSPH, MAKO, KLAC, QRE, ICE, XPO, BCOV, PWE, MHR, CADX, NRP, WWE, VRTX, YGE, P, HNT, ANGI, GERN, ONCY, SNAT, PGNX, MOH, AET, GTS, CI ,HUM, CVH,CNC, ADS, LPX, EFX, FRO, VOLVY, KGFHY, RDSMY, ERIC,
Comments »Gapping Up and Down This Morning
Gapping up
P +13.1%, FLOW +6.1%, TIVO +5.8%, CBK +5.1%, LYB +4.7%, EXEL +4.1%,
ING +3.1%, CHUY +2.3%, PPO +1.7%, WFD +1.1%, GERN +3.7% , VC +1.5% ,
BCOV +1.2%, LXK +0.6%, PSTI +1.5%, G +2%, SRPT +11.1%, EXEL +4.1%,
Gapping down
VRA -11.1%, SHLD -3.9%, BNS -2.7%, BHP -2.3%, RIO -2%, KLAC -2.8% ,
ERIC -2.1%, LPX -0.2% , TEVA -1%, AMPL -31.9% , GENE -5.9% ,
ALU -1.8%, FNSR -1.4%, JDSU -1.5%, JNPR -1.5%,
Comments »Moody’s Downgrades the Global Economy
In Play and On the Wires
U.S. Savings Rate Begins to Drop
This morning’s economic data shows the U.S. savings rate has begun to drop for the first time in five months….
Comments »$C Settles Fraudulent Practice Lawsuit for $490 Million
In business as usual on Wall St. Citigroup settled a lawsuit for $490 million. $C was accused of not writing down losses in a timely fashion and hiding risks from shareholders.
Comments »Carlyle to Buy DuPont’s Auto-Paint Unit for $4.9 Billion
“Carlyle Group LP (CG), the world’s second-largest private equity firm, agreed to acquire DuPont Co.’s auto-paint unit for $4.9 billion, giving it control of the second-biggest maker of coatings for cars and trucks.”
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