[youtube:http://www.youtube.com/watch?v=9wo1-sI7MOQ 450 300] Full article
Comments »New Home Sales: Prior 250k, Consensus 280k, Actual 300k Up 11.1%
Seat of the Pants Intelligence and Innocent People Detained
Why Speculators Will Not Be Discovered in Obama’s Energy Inquiry
If change it o occur then leverage needs to be curtailed; possibly barred and we should consider changing the Commodity Exchange Act
Comments »Oil and Refinery Companies Expected to Post Massive Gains This Q
Barrick Gold to Buy Copper Produce Equinox
Upgrades and Downgrades This Morning
Upgrades
AMZN – Amazon.com: Strong ecommerce demand may drive 34% 1Q11 revenue growth – The Benchmark Company
COF – Capital One target raised to $45 from $39 at RBC Capital Mkts
BBT – BB&T Corp upgraded to Neutral from Sell at Goldman
DO – Gardner Denver target raised to $95 from $87 at RBC Capital Mkts
BAX – Baxter target raised to $59 from $57 at RBC Capital Mkts
NEM – Newmont Mining target raised to $67 from $62 at RBC Capital Mkts
PCX – Patriot Coal target raised to $37 from $35 at Brean Murray
JNJ – Johnson & Johnson upgraded to Outperform from Market Perform at Wells Fargo
HON – Honeywell tgt raised to $73 at Oppenheimer following Q1 beat and raise
TZOO – Travelzoo upgraded to Buy at The Benchmark Company
PENN – Penn Natl Gaming target raised to $46 from $43 at Brean Murray
CVBF – CVB Financial resumed with an Outperform at Keefe Bruyette
STI – SunTrust Banks upgraded to Perform at Oppenheimer
SODA – SodaStream tgt raised to $50 at Oppenheimer on higher ests
PLCM – Polycom target raised to $60 from $55 at RBC Capital Mkts
PLXS – Plexus target raised to $40 from $36 at RBC Capital Mkts
Downgrades
SLM – SLM Corp downgraded to Market Perform from Outperform at Keefe Bruyette
WLT – Walter Energy target lowered to $156 from $160 at Brean Murray
Comments »Gapping Up and Down This Morning
Gapping up
IGT +10.2%, TM +2.2%, UTEK +1.3%, HL +2.1%, SSRI+1.9%, KGC +1.6%, EGO +1.3%, BP +1.7%, BBT +0.8%, PLCM +7.9%, TZOO +2.6%, GE +0.8%, LSCC +6.8%, YOKU +3.4%, SINA +1.9%, DANG +1.7%, CDE +5.2%, EZPW +4.5%, SOHU +3.5%, YHOO +3.9%, SLW +3%, HL +2.1%, BP+1.7%, CYMI +1.7%, EGO +1.3%
Gapping down
SNDK -1.2%, MXIM -1.3%, RMBS -4.9%,
Comments »In Play and On The Wires
Kimberly Clark Earnings: $0.86 EPS on Revenues of $5.03Bn; Profits Down From $0.92
Qaddafi May Be Facing the A Word
S&P Evaluation Debate
A Look Into QE Failing to Keep Interest Rates Down
Insider Frenzy
Last month TXCC, CLUB, LGND, EXAR, & CEDC had seen insider buying and decent gains. This month ADK, PLFE, CEDC, UWN, & FSS are featured in Insider Monkey…
Comments »Syria Seals Border With Jordan
Crude Climbing Higher Again on a Weak Dollar and Middle East Upheaval
BRICS to Flex Muscles
BRICS have had enough of Washington an the IMF trying to rule. They intend on excreting power and calling shots starting now.
Comments »