No. Ticker % Change
1 YNDX 43.04
2 SIFY 39.84
3 FPIC 28.82
4 REVU 25.00
5 HRZ 23.33
6 RVI 16.41
7 DSW 16.32
8 SQNS 15.09
9 LMLP 15.07
10 TNE 14.86
11 CCIH 13.24
12 MRNA 13.04
13 NEWN 12.28
14 LEXG.OB 11.50
15 BTM 10.31
16 REDF 10.04
17 OMEX 9.91
18 ZA 9.03
19 HDY 8.85
20 PWRD 8.85
21 CNTF 8.55
22 BPHX 8.21
23 NZT 7.62
24 HSOL 7.47
25 OGXI 7.47
—————————
No. Ticker % Change
1 MCOX -22.98
2 CNET -15.53
3 INVE -14.46
4 CHBT -13.53
5 ANO -9.71
6 MOBI -9.61
7 CBRL -9.58
8 LPHI -8.99
9 CWTR -7.69
10 OPXT -7.34
11 HOLI -7.11
12 LCAV -6.99
13 VIT -6.81
14 VICL -6.81
15 FRO -6.72
16 HSWI -6.58
17 ANCI -6.21
18 RP -6.16
19 CBAK -6.06
20 PPHM -6.05
21 LNET -5.95
22 HTWR -5.88
23 CIS -5.80
24 OSG -5.76
25 PWAV -5.74
TEPCO Hiding Meltdowns
Gasoline Prices Push Crack Spreads Higher
Spreads are up 4% to $24.64 this morning, thanks to a push higher in gasoline.
Comments »Today’s Best and Worst Performing ETF’s
No. Ticker % Change
1 CVOL 9.75
2 CZI 8.65
3 DPK 6.98
4 TVIX 6.80
5 EDZ 6.34
6 SOXS 6.29
7 BXDC 6.03
8 LHB 5.51
9 TZA 5.42
10 SQQQ 5.25
11 SCO 5.11
12 SRTY 5.04
13 EPV 4.90
14 FXP 4.85
15 ERY 4.49
16 TYP 4.27
17 MWN 4.24
18 EFU 4.23
19 FAZ 4.09
20 EEV 4.05
21 INDZ 3.76
22 BGZ 3.67
23 SJH 3.65
24 TWM 3.58
25 DTO 3.56
—————————
No. Ticker % Change
1 CZM -7.99
2 DZK -7.04
3 SOXL -6.24
4 EDC -6.15
5 BRIL -5.54
6 TNA -5.47
7 UCO -5.18
8 JJN -5.07
9 XPP -4.58
10 JJT -4.53
11 ERX -4.51
12 FCGL -4.41
13 TQQQ -4.41
14 TYH -4.40
15 MWJ -4.29
16 FAS -4.14
17 UKK -3.99
18 EET -3.94
19 BDD -3.89
20 XIV -3.79
21 GAF -3.78
22 TAN -3.75
23 EWY -3.70
24 EIDO -3.66
25 INDL -3.64
Another Chinese Scam: LFT
The CFO and auditor resigned after Citron Research alleged the company of fraud. To make matters worse, the SEC has begun an accounting audit.
Note: Goldman was a big advocate of the shares.
Comments »Copper and Oil Lead to the Downside
Copper is down 3.6% and oil is down 3%.
Comments »European Markets Open Sharply Lower
Indices are down about 1.5% across the board.
Comments »Flash: S&P Lowers Italian Outlook to Negative
Things will get exponentially worse should the ECB raise rates.
Comments »Alert: Greece Within Months of Default
It’s being reported that Greece has less than 2 months worth of cash left. On that news, the euro is cratering.
Comments »Commodities are Lower, Across the Board
Copper is down 1.4%
Crude is down 1%
Gold is down 0.33%
Platinum is down 0.68%
Related: S&P Futures are 11 points below fair value and the dollar is up 0.7%
Comments »Asian Stocks Knife Lower
Japan, Korea and Australia open down about 1.5%.
Related: the dollar is up 0.4% and oil is down by 0.7%
Comments »Netanyahu Lectures Obama at Oval Office Conference
The Terms of Strauss Kahn’s Release are Draconian
Aside from the $1 million bail he had to post for an alleged attempted rape, he also has to pay $200,00″ per month for armed guards to be posted outside of his door.
Comments »Red Flag: Sears CFO Resigns
Obama’s False Comparison
Chinese Stocks Endure Wild Swings
Due to various allegations of fraud, investors are pumping and dumping Chinese related shares with reckless abandon. Here are some weekly percentage moves that would drive any investor crazy.
No. Ticker 1-week Return % Change Industry
1 LONG 80.85 4.77 Chinese Burritos
2 FFHL 36.68 7.43 Chinese Burritos
3 DATE 33.83 19.17 Chinese Burritos
4 NEWN 26.87 -5.48 Chinese Burritos
5 CISG 23.02 -0.06 Chinese Burritos
6 QIHU 12.60 3.96 Chinese Burritos
7 ATAI 12.15 -0.29 Chinese Burritos
8 SINA 10.17 -0.32 Chinese Burritos
9 DHRM 9.25 0.00 Chinese Burritos
————————————————————
No. Ticker 1-week Return % Change Industry
1 JGBO -36.22 -2.78 Chinese Burritos
2 CCSC -27.84 3.59 Chinese Burritos
3 SIHI -27.81 -4.55 Chinese Burritos
4 BSPM -24.73 -2.84 Chinese Burritos
5 TPI -24.49 -2.13 Chinese Burritos
6 YONG -22.22 6.25 Chinese Burritos
7 FXCM -21.82 0.96 Chinese Burritos
8 CCIH -18.88 -7.34 Chinese Burritos
9 VIT -18.44 0.16 Chinese Burritos
10 GRRF -17.80 1.20 Chinese Burritos
11 HEAT -17.21 -4.86 Chinese Burritos
12 NQ -17.20 2.67 Chinese Burritos
13 CHBT -16.96 -9.53 Chinese Burritos
14 CYD -14.72 -13.92 Chinese Burritos
15 CIS -14.29 1.69 Chinese Burritos
16 COGO -14.08 -3.34 Chinese Burritos
17 RCON -13.44 -1.83 Chinese Burritos
18 ALN -13.27 -4.39 Chinese Burritos
19 CNET -13.21 -10.85 Chinese Burritos
20 BORN -13.19 -7.56 Chinese Burritos
21 KONG -12.50 5.50 Chinese Burritos
22 CHLN -12.33 1.08 Chinese Burritos
23 CHC -12.27 -3.59 Chinese Burritos
24 HSFT -11.72 0.67 Chinese Burritos
25 CTFO -10.69 0.00 Chinese Burritos
Liberty Media Bids $17 for Barnes and Noble
BKS getting a $17 bid. It sure beats bankruptcy protection.
Comments »Flash: Salesforce.com prelim $0.28 vs $0.27 Thomson Reuters consensus; revs $504 mln vs $482.54 mln Thomson Reuters consensus
Salesforce.com sees FY12 $1.30-1.32 vs $1.27 Thomson Reuters consensus; sees revs $2.15-2.17 bln vs $2.11 bln Thomson Reuters consensus
Comments »Flash: Intuit sees Q4 $(0.02)-0.02 vs ($0.01) Thomson Reuters consensus; sees revs $567-587 mln vs $587.20 mln Thomson Reuters consensus
Not good
Intuit beats by $0.05, beats on revs; guides Q4 EPS in-line, revs below consensus (55.90 +1.62)
Reports Q3 (Apr) earnings of $2.33 per share, excluding non-recurring items, $0.05 better than the Thomson Reuters consensus of $2.28; revenues rose 15.0% year/year to $1.85 bln vs the $1.82 bln consensus. Co issues guidance for Q4, sees EPS of $(0.02)-0.02, excluding non-recurring items, vs. ($0.01) Thomson Reuters consensus; sees Q4 revs of $567-587 mln vs. $587.20 mln Thomson Reuters consensus.
Netanyahu Rejects Obama’s Palestinian Dream
He rejected Obama’s idea that the Palestinians should have a country with pre-1967 borders, calling such borders “indefensible.”
Netanyahu will be visiting the White House next week.
Comments »