FLASH: MU SOARS ON LAWSUIT WIN

+21% after fucking RMBS in a lawsuit win.

The stock is down more than 57% on a courtroom loss to MU.

mkt caps over $1bill

No. Ticker % Change Market Cap Sector
1 CME -6.54 17,100,000,000 FINANCIAL
2 MS -5.59 30,700,000,000 FINANCIAL
3 LFC -5.28 82,320,000,000 FINANCIAL
4 MCO -4.38 7,700,000,000 FINANCIAL
5 BSBR -3.96 31,600,000,000 FINANCIAL
6 KCG -3.52 1,150,000,000 FINANCIAL
7 DFS -3.49 13,690,000,000 FINANCIAL
8 JEF -3.45 2,430,000,000 FINANCIAL
9 NMR -3.41 11,830,000,000 FINANCIAL
10 KKR -3.30 2,840,000,000 FINANCIAL
11 ETFC -3.21 2,470,000,000 FINANCIAL
12 GNW -3.18 3,240,000,000 FINANCIAL
13 GS -3.08 49,110,000,000 FINANCIAL
14 CIM -2.84 2,900,000,000 FINANCIAL
15 HBC -2.81 140,730,000,000 FINANCIAL
16 ORI -2.79 2,110,000,000 FINANCIAL
17 RRD -2.77 2,980,000,000 FINANCIAL
18 COF -2.72 19,920,000,000 FINANCIAL
19 C -2.69 81,920,000,000 FINANCIAL
20 EQR -2.66 17,430,000,000 FINANCIAL
21 AMTD -2.59 9,550,000,000 FINANCIAL
22 NDAQ -2.55 4,720,000,000 FINANCIAL
23 MMC -2.53 16,580,000,000 FINANCIAL
24 AXP -2.50 58,020,000,000 FINANCIAL
25 ICE -2.48 9,230,000,000 FINANCIAL

The great short WTI-long Brent trade is being unwound. The Brent premium is now just $9.75.

321 spreads are lower by 10% to $15.40.

Spreads are down more than 50% over the past month.

French 10 yr is at 3.7% and Spanish yields are at 6.41%.

S&P futures are diving, down 11, on renewed Euro worries. The Euro is down rather dramatically by 0.63%.

They are no longer able to sleep at Zuccotti in their fucking tents and defecate near mailboxes.

Full Ruling

Down 0.9% for the day.

Non Euro England is enjoying record low borrowing rates, with 10 year yields now at 2.14%.

Comparatively, France, who has similar debt/GDP as the UK, is tagged with a 3.67% yield on its 10 year.

+6% to $18.14

French 10 yr at new highs of 3.66%, past the flash point of 3.50.

Italy is at 7% and Spain 6.35%.

Full Article

No. Ticker % Change
1 CNAM 55.56
2 BXG 44.61
3 NLST 22.40
4 SHZ 19.82
5 PEIX 19.54
6 NEP 19.11
7 ICAD 17.46
8 LONG 13.60
9 MERR 12.89
10 NEXS 12.00
11 ARTX 11.45
12 GRRF 11.33
13 EFOI 11.14
14 TBUS 11.08
15 FMD 10.99
16 MNTG 10.76
17 VSCP 10.00
18 HW 9.26
19 TELK 8.70
20 TNCC 8.67
21 CRAY 8.65
22 BIOF 8.62
23 SINO 8.51
24 MITT 8.42
25 LNG 8.38
——————————–
No. Ticker % Change
1 PSDV -23.65
2 CADX -21.34
3 WHRT -20.69
4 DEJ -18.00
5 FEED -17.55
6 GSL -16.67
7 TECUA -15.37
8 ALIM -15.31
9 TPI -15.13
10 ATPG -14.81
11 USU -14.24
12 FFHL -14.07
13 JKS -13.27
14 EIPL -12.56
15 AERG -12.50
16 HMPR -12.50
17 CIIC -12.50
18 XNY -12.43
19 CTRP -12.17
20 CBLI -11.43
21 JMP -11.16
22 MOBI -10.73
23 ZLCS -10.71
24 LNET -10.55
25 GSAT -10.42

CS is down 4.3% on the day.

+4% to 6.1%.

Europe has a problem.

Full Article

-3.5% to $17.6

+3% to 4.61%

+2.5%

Related: S&P futs are +6.5