Crack Spreads Moderate

Now off by 5% to $33.

No. Ticker 2-week Return Industry Market Cap
1 SFN 51.03 Staffing & Outsourcing Services 682,570,000
2 SONE 33.81 Internet Software & Services 496,970,000
3 IRE 25.00 Foreign Regional Banks 1,760,000,000
4 ATHN 22.15 Business Services 2,080,000,000
5 RBY 22.06 Gold 891,650,000
6 MITL 20.82 Communication Equipment 252,620,000
7 EM 20.08 Business Services 1,370,000,000
8 AXTI 18.62 Semiconductor – Integrated Circuits 284,520,000
9 HUVL 18.41 Regional – Northeast Banks 393,580,000
10 RGR 18.29 Sporting Goods 519,330,000
11 LABL 16.38 Business Services 351,680,000
12 TLB 15.48 Apparel Stores 257,350,000
13 CPHD 15.21 Scientific & Technical 2,290,000,000
14 SANM 14.75 Printed Circuit Boards 859,780,000
15 ZOLL 14.66 Medical Appliances & Equipment 1,460,000,000
16 ARCO 14.42 Restaurants 4,400,000,000
17 IIJI 14.35 Internet Service Providers 840,730,000
18 MLNX 14.13 Semiconductor – Broad Line 1,170,000,000
19 LXK 13.86 Computer Peripherals 2,580,000,000
20 SGNT 13.68 Drug Related Products 756,920,000
21 GMCR 13.60 Processed & Packaged Goods 16,310,000,000
22 XUE 13.55 Education & Training Services 602,350,000
23 QCOR 13.14 Biotechnology 1,920,000,000
24 FIX 12.77 General Contractors 379,700,000
25 TMX 12.73 Telecom Services – Foreign 16,010,000,000
26 WPP 12.15 Paper & Paper Products 354,960,000
27 DVAX 12.11 Drug Manufacturers – Other 359,480,000
28 RGC 11.97 Movie Production, Theaters 1,990,000,000
29 DQ 11.51 Solar 252,670,000
30 TRLG 10.47 Textile – Apparel Clothing 841,110,000
31 HSII 10.47 Management Services 463,210,000
32 OMX 10.29 Specialty Retail, Other 649,920,000
33 CLW 10.08 Paper & Paper Products 851,830,000
34 SIMG 9.95 Semiconductor – Broad Line 433,240,000
35 VLTR 9.70 Semiconductor – Integrated Circuits 616,370,000
36 DWSN 9.44 Oil & Gas Equipment & Services 310,550,000
37 LSI 9.35 Semiconductor – Specialized 4,360,000,000
38 CELL 9.31 Electronics Wholesale 624,660,000
39 MPWR 9.11 Semiconductor – Specialized 437,290,000
40 XRS 9.11 Education & Training Services 917,130,000
41 PAET 8.89 Diversified Communication Services 751,730,000
42 GEOY 8.84 Diversified Communication Services 860,230,000
43 CHRM 8.78 Chinese Burritos 493,100,000
44 HXM 8.66 Property Management 1,390,000,000
45 LQDT 8.61 Catalog & Mail Order Houses 767,300,000
46 HPY 8.44 Business Services 858,260,000
47 ININ 8.28 Business Software & Services 705,820,000
48 SNCR 8.24 Application Software 1,310,000,000
49 GST 8.21 Oil & Gas Drilling & Exploration 282,980,000
50 JNY 8.14 Apparel Stores 1,000,000,000

No. Ticker 2-week Return Industry Market Cap
1 TNAV -56.74 Communication Equipment 405,100,000
2 STEC -46.36 Data Storage Devices 486,500,000
3 CBR -45.75 Information Technology Services 367,440,000
4 HOLI -43.84 Chinese Burritos 342,920,000
5 PCS -40.87 Wireless Communications 3,680,000,000
6 FBC -37.34 Savings & Loans 409,870,000
7 CVGI -36.50 Auto Parts 261,840,000
8 AGP -35.86 Health Care Plans 2,450,000,000
9 VPRT -35.74 Business Services 1,210,000,000
10 IMAX -35.71 Photographic Equipment & Supplies 1,130,000,000
11 TZOO -35.62 Internet Information Providers 912,430,000
12 GOL -34.34 Regional Airlines 2,050,000,000
13 AVID -33.81 Specialty Retail, Other 488,600,000
14 KFRC -33.77 Staffing & Outsourcing Services 513,310,000
15 EXAM -33.13 Business Services 728,510,000
16 KRA -32.92 Chemicals – Major Diversified 1,110,000,000
17 IPHI -32.87 Semiconductor – Broad Line 320,140,000
18 SSYS -32.85 Computer Peripherals 538,840,000
19 LEAP -32.72 Wireless Communications 807,210,000
20 KND -32.63 Long-Term Care Facilities 558,110,000
21 VDSI -32.55 Security Software & Services 345,540,000
22 ONTY -32.25 Biotechnology 306,970,000
23 PCX -32.13 Industrial Metals & Minerals 1,610,000,000
24 GTIV -31.72 Home Health Care 415,530,000
25 CLWR -31.56 Wireless Communications 551,490,000
26 FOE -31.40 Specialty Chemicals 849,100,000
27 AMCC -31.37 Semiconductor – Integrated Circuits 366,860,000
28 AKS -31.33 Steel & Iron 1,220,000,000
29 ACOM -31.28 Internet Information Providers 1,490,000,000
30 ALU -31.03 Communication Equipment 7,990,000,000
31 HCA -30.83 Hospitals 13,270,000,000
32 TEX -30.69 Farm & Construction Machinery 2,160,000,000
33 HRC -30.56 Medical Instruments & Supplies 2,140,000,000
34 KAI -30.55 Paper & Paper Products 292,100,000
35 DEPO -30.06 Drug Manufacturers – Other 349,950,000
36 IO -29.93 Scientific & Technical 1,490,000,000
37 OCZ -29.35 Data Storage Devices 382,170,000
38 LINC -29.14 Education & Training Services 390,180,000
39 QTM -28.66 Data Storage Devices 557,350,000
40 ENSG -27.81 Long-Term Care Facilities 447,530,000
41 WNC -27.75 Trucks & Other Vehicles 469,880,000
42 HRBN -27.57 Chinese Burritos 529,690,000
43 IPG -27.55 Advertising Agencies 4,420,000,000
44 ARAY -27.51 Medical Appliances & Equipment 381,980,000
45 BPAX -27.45 Biotechnology 265,980,000
46 MOH -27.42 Health Care Plans 991,760,000
47 BRKR -27.35 Scientific & Technical 2,700,000,000
48 TQNT -27.33 Semiconductor – Integrated Circuits 1,250,000,000
49 AONE -27.22 Industrial Electrical Equipment 560,520,000
50 JNPR -27.16 Networking & Communication Devices 12,130,000,000

Italian 10 yr down 0.8% to 6.1% and Spanish 10 yr down 1.04% to 6.28%.

Futures are +8 and Dow futs are +55

Now down more than 2.1% led lower by banks.

Related: most European markets are down between 1-1.5%.

They call the Franc “massively overvalued” and have taken numerous steps to weaken their currency.

At the present, it is 1% lower vs the euro.

Where is the outrage for this shit?

Full article

Down 1.7% in early trade.

Outlook revised to negative.

No. Ticker % Change
1 TVIX 8.75
2 SOXS 7.60
3 TMF 7.51
4 YANG 6.84
5 EDZ 6.72
6 TZA 6.60
7 DRV 6.52
8 SRTY 6.49
9 LHB 6.46
10 MWN 5.44
11 FAZ 5.44
12 BGZ 5.26
13 NUGT 5.13
14 DPK 5.07
15 SPXU 5.02
16 AGQ 4.94
17 ERY 4.89
18 UBT 4.87
19 BZQ 4.65
20 EPV 4.61
21 SIJ 4.59
22 RETS 4.56
23 SCC 4.52
24 EEV 4.52
25 SSG 4.46

——————-

No. Ticker % Change
1 TMV -7.28
2 MWJ -6.99
3 LBJ -6.91
4 SOXL -6.81
5 RUSL -6.54
6 EDC -6.28
7 MATL -5.95
8 DRN -5.93
9 YINN -5.75
10 TNA -5.73
11 TQQQ -5.02
12 DUST -4.99
13 DZK -4.92
14 FAS -4.90
15 ERX -4.86
16 UPRO -4.84
17 TBT -4.84
18 BGU -4.84
19 BRIL -4.70
20 ZSL -4.68
21 MVV -4.48
22 EWD -4.41
23 EWO -4.37
24 UYM -4.25
25 UKK -4.23

Now those assholes can go on vacation and start raising money for their reelection campaigns.

No. Ticker YTD Return Industry
1 AIB -61.02 Foreign Money Center Banks
2 LYG -37.10 Foreign Money Center Banks
3 NBG -26.19 Foreign Money Center Banks
4 ITUB -18.87 Foreign Money Center Banks
5 CS -12.51 Foreign Money Center Banks
6 BCS -11.94 Foreign Money Center Banks
7 MFG -11.47 Foreign Money Center Banks
8 GGAL -5.51 Foreign Money Center Banks
9 MTU -4.90 Foreign Money Center Banks
10 UBS -3.95 Foreign Money Center Banks
11 STD -3.29 Foreign Money Center Banks
12 CM -2.62 Foreign Money Center Banks
13 SAN -0.59 Foreign Money Center Banks
14 HBC -0.42 Foreign Money Center Banks
15 WBK 0.13 Foreign Money Center Banks
16 DB 1.31 Foreign Money Center Banks
17 BLX 5.61 Foreign Money Center Banks

No. Ticker YTD Return Industry
1 IRE -47.55 Foreign Regional Banks
2 FBP -38.70 Foreign Regional Banks
3 BSBR -30.89 Foreign Regional Banks
4 BMA -26.29 Foreign Regional Banks
5 BPOP -22.13 Foreign Regional Banks
6 KB -10.51 Foreign Regional Banks
7 IBN -7.82 Foreign Regional Banks
8 BBD -6.48 Foreign Regional Banks
9 BFR -5.81 Foreign Regional Banks
10 WF -3.13 Foreign Regional Banks
11 BBVA 0.41 Foreign Regional Banks
12 SHG 0.63 Foreign Regional Banks
13 HDB 3.92 Foreign Regional Banks
14 CIB 8.66 Foreign Regional Banks

More than $1.2billion will be lost thanks to Congressional stupidity.

Full article

Most markets are closing down between 1.5-3%.

From 405 to 391 on rumors that China is buying.

FTSE 100 INDEX 5,768.99 -0.25% 03:09
CAC 40 INDEX 3,588.72 -0.58% 03:09
DAX INDEX 6,926.28 -27.70 -0.40% 03:08
IBEX 35 INDEX 9,279.40 -38.80 -0.71% 03:09
FTSE MIB INDEX 17,687.30 -33.10 -0.19% 03:09
AEX-Index 324.00 -0.59 -0.18% 03:08
OMX STOCKHOLM 30 INDEX 1,026.81 -12.24 -1.18% 03:24
SWISS MARKET INDEX 5,687.94 -95.41 -2.05% 03:09

Italy at 360 and Spain north of 400, with 10 year yields at 6.2%.

“They are living beyond their means and shifting a part of the weight of their problems to the world economy.”

“They are living like parasites off the global economy and their monopoly of the dollar,” Putin said a bunch of retards in Russia.

hip-hip-hooray.

Fucking morons.

YEA: 267
NAY: 161

GOP: 174 66
Dems: 94 95

The show is over.