Today’s Biggest ETF Winners

No. Ticker % Change
1 AGQ 5.08
2 EDZ 4.96
3 EEV 3.29
4 SLV 2.94
5 PSLV 2.62
6 FAZ 2.58
7 SKF 1.74
8 FXP 1.46
9 TZA 1.24
10 DRV 1.22
11 SRS 1.19
12 SPXU 1.14
13 BGZ 1.08
14 QID 1.06
15 TWM 0.98
16 VXX 0.94
17 DXD 0.84
18 TLT 0.82
19 OIH 0.76
20 SMN 0.76
21 SDS 0.75
22 DTO 0.72
23 PTY 0.69
24 EUO 0.63
25 SIL 0.50

Up 4.5% right now, nearing $29—still at historic levels.

(Includes long and short, average volume > 25k. ETFs excluded.)

No. Ticker 2-week Return % Change Industry Sector
1 PEIX 1.51 21.03 Specialty Chemicals BASIC MATERIALS
2 CAK -5.10 14.62 Oil & Gas Drilling & Exploration BASIC MATERIALS
3 COIN -14.09 11.18 Agricultural Chemicals BASIC MATERIALS
4 SSRI -16.19 7.20 Silver BASIC MATERIALS
5 ANW 6.79 6.63 Basic Materials Wholesale BASIC MATERIALS
6 NSU -16.10 6.03 Gold BASIC MATERIALS
7 CLD 6.01 5.36 Industrial Metals & Minerals BASIC MATERIALS
8 AG -11.00 5.30 Silver BASIC MATERIALS
9 ANV -19.78 4.59 Gold BASIC MATERIALS
10 PENX 0.54 4.53 Specialty Chemicals BASIC MATERIALS
11 ROYL -29.54 4.38 Independent Oil & Gas BASIC MATERIALS
12 EXK -20.07 4.33 Silver BASIC MATERIALS
13 GMO -12.45 4.07 Industrial Metals & Minerals BASIC MATERIALS
14 NR 17.84 3.95 Oil & Gas Equipment & Services BASIC MATERIALS
15 FXEN -8.75 3.84 Oil & Gas Drilling & Exploration BASIC MATERIALS
16 ATI -0.64 3.66 Industrial Metals & Minerals BASIC MATERIALS
17 ROCK 16.96 3.58 Steel & Iron BASIC MATERIALS
18 LNG -10.13 3.53 Oil & Gas Drilling & Exploration BASIC MATERIALS
19 BAK 1.77 3.53 Specialty Chemicals BASIC MATERIALS
20 SPN -7.22 3.47 Oil & Gas Equipment & Services BASIC MATERIALS
21 ZINC -12.00 3.38 Industrial Metals & Minerals BASIC MATERIALS
22 BAS -11.73 3.36 Oil & Gas Equipment & Services BASIC MATERIALS
23 USEG -17.20 3.34 Industrial Metals & Minerals BASIC MATERIALS
24 SUF -17.60 3.00 Oil & Gas Refining & Marketing BASIC MATERIALS
25 AAU -14.52 3.00 Industrial Metals & Minerals BASIC MATERIALS

Wonder Auto Tech files to delay its 10-Q (5.42)
As a result of the pending restatement of its financial statements and the pending investigation by co’s Audit Committee, WATG has not filed its Form 10-K for the fiscal year ended December 31, 2010 and does not expect to be able to file its Form 10-Q for the quarter ended March 31, 2011 by the filing deadline of May 10, 2011. Co plans to provide its Plan of Compliance to Nasdaq on or about May 13 and in no event later than May 23, 2011. Co does not expect that its filings will be completed until the completion of the investigation

While silver is still down 6% for the day, most silver stocks have trimmed earlier losses.

1 SSRI 0.29 Silver
2 CDE -0.54 Silver
3 MGN -0.91 Silver
4 AG -0.99 Silver
5 PAAS -1.14 Silver
6 SLW -1.59 Silver
7 HL -2.31 Silver
8 EXK -2.55 Silver
9 MVG -3.24 Silver
10 SVM -4.04 Silver
11 GPL -4.24 Silver

Data provided by The PPT

What recession?

He lowered his target to $120 on mounting concerns that the government will bring criminal charges against the firm.

Silver is down 5% at the open.

The spread between Brent and WTI crude is widening again, now more than $15 or 16%.

The Heng Seng is down 0.83% and Seoul is leading to the downside, off by 1.36%. Crude is rebounding, following Wednesday’s drubbing, now up 1.3%.

Spreads are climbing, now up 1.3% to $30.

Unreal

Reports Q3 (Apr) earnings of $0.42 per share, excluding non-recurring items, $0.05 better than the Thomson Reuters consensus of $0.37; revenues rose 4.8% year/year to $10.87 bln vs the $10.86 bln consensus; non-GAAP gross margin of 63.9% vs. the 62.0% consensus. Cash flows from operations were $3.0 billion for the third quarter of fiscal 2011, compared with $2.6 billion for the second quarter of fiscal 2011, and compared with $3.0 billion for the third quarter of fiscal 2010. Cash and cash equivalents and investments were $43.4 billion at the end of the third quarter. Cisco repurchased 54 million shares of common stock under the stock repurchase program at an average price of $18.39 per share for an aggregate purchase price of $1.0 billion in Q3. “This quarter played out as we expected. We have acknowledged our challenges. We know what we have to do. We have a clear game plan, and we are a company with a track record of market-shaping innovation. We thank our shareholders, employees, customers and partners as we transition to the next phase of Cisco.”

Due to big drops in the underlying commodities, equities inside the basic materials sector are being dismantled.

This is where some of the damage can be found:

No. Ticker % Change Sector

2 SSRI -11.64 BASIC MATERIALS
3 HDY -11.28 BASIC MATERIALS
4 ALJ -11.16 BASIC MATERIALS
5 UXG -10.94 BASIC MATERIALS
6 SUF -10.89 BASIC MATERIALS
7 EXK -9.97 BASIC MATERIALS
8 AG -9.03 BASIC MATERIALS
9 WTI -8.87 BASIC MATERIALS
10 GMO -8.56 BASIC MATERIALS
11 PQ -8.34 BASIC MATERIALS
12 CWEI -8.24 BASIC MATERIALS
13 TRGL -7.87 BASIC MATERIALS
14 COIN -7.39 BASIC MATERIALS
15 QMM -7.02 BASIC MATERIALS
16 BAS -6.94 BASIC MATERIALS
17 GPL -6.86 BASIC MATERIALS
18 HNR -6.83 BASIC MATERIALS
19 BOOM -6.79 BASIC MATERIALS
20 SLW -6.77 BASIC MATERIALS
21 AXAS -6.68 BASIC MATERIALS
22 REE -6.66 BASIC MATERIALS
23 AAU -6.64 BASIC MATERIALS
24 FXEN -6.39 BASIC MATERIALS
25 BAA -6.33 BASIC MATERIALS
26 MHR -6.31 BASIC MATERIALS

Gasoline -6%
Silver -6%
Corn -4%
Sugar -3%
Lithium -3%
Oil -2.7%
Coffee -2.5%

Losing control of Alibaba.

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Spreads are down 10%+ to $29.25, led lower by the sharp move lower in gasoline.

No. Ticker % Change
1 ZSL 8.14
2 ERY 6.48
3 ONG 5.41
4 SCO 4.64
5 EDZ 4.54
6 DUG 4.42
7 DTO 3.59
8 TVIX 3.42
9 SMN 3.38
10 DPK 3.20
11 EEV 3.14
12 EWV 3.02
13 TZA 2.68
14 SRTY 2.60
15 DUST 2.40
16 UPW 2.27
17 DRV 2.27
18 FXP 2.23
19 UVG 2.10
20 TPZ 1.95

[youtube:http://www.youtube.com/watch?v=7bRkQkPLnsM 616 500]

An area the size of Connecticut may be flooded, should the Mississippi river overflow.

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