Only the NASDAQ futures are off a bit due to $AAPL…
Yields for Italy, Spain, France, and Germany …
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Only the NASDAQ futures are off a bit due to $AAPL…
Yields for Italy, Spain, France, and Germany …
Comments »
After trying to pare some losses the market has begun to fall apart. DOW of 146 points currently….
[youtube://http://www.youtube.com/watch?v=zAmPdIpRqY8 450 300] Comments »U.S. equities slid right from the open. The trough was not as bad as yesterday and we are beginning to pare our losses. For all intensive purposes the markets appear to have a bid under them as opposed to just out right buyers coming in.
Telecom and industrials are leading the downside in the U.S.
European markets did not seem to pare any losses. Brussels got hammered the most, Spain and Italy are in second place down 3+%, while Amsterdam, Russia, and the U.K. tie for third place being down 0.7-0.8%,
Comments »After a horrendous morning the markets bounced off the 1340 support level in the S&P and made up most of the losses throughout the day. Being down over 2% in early trade a close of 1% or less was welcome news for the bulls.
Conglomerates, services, energy, and transportation were the worst performing sectors.
HEY SHORTS…YOUR FUCKING DEAD!
DOW down 101
S&P down 12
NASDAQ down 35
WTI $3.42
Gold down $6
[youtube:http://www.youtube.com/watch?v=N9sGd-JLvNA 450 300]
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After a deep sell off U.S. equities managed to have pared half their losses. The S&P tested the 1340 support level and has made a successful bounce just far.
Greece gave the worst performance in Europe while Spain was down the least…..odd indeud.
Leading the markets lower are conglomerates, basic materials, and energy.
We will have to wait for the close to know what today really means for investors.
[youtube://http://www.youtube.com/watch?v=rOwKo9tVO9U 450 300] Comments »
Accelerated selling came for U.S. equities right from the open. Traders noticed that the DAX or German market accelerated downside as U.S. equities opened. That was said to create forced selling. U.S. equities are off their lows, but still down about 1.4%.
Some expect selling to ease into the European close. We shall see.
Comments »The VIX spiked considerably this morning given the shit storm equities were in before the U.S. market open.
Comments »Valencia Spain is known for their orange groves, but this small provence or state in Spain spooked the markets yesterday as they asked for another bailout. Valencia needs to repay 2.85 billion Euros by year end. While that figure is small compared to all the other bailouts we hear about, it was enough to spook already on edge investors yesterday. Also it shows that despite the efforts of the ECB, investors are keen to the fact that no true solution is available for so many troubled debt laden countries in Europe.
Comments »Good news for the economy after a few reports that begged to asked the question if we were falling into recession.
Comments »Gapping up
PXLW +32.4%, SXC +8.5%, SNDK +7.2%, SWFT +3.6%, ACTG +2.9%, DEO +2.7%,
GOOG +2.7%, GFI +2.1%, MSFT +1.8%, CBST +1.4%, ONXX +2.9% , NE +0.5%,
EDU +4.9%, ARNA +2.4%, DEO +0.5%, FSBI +39.3%,
Gapping Down
CPHD -20.2%, FSL -11.9%, RMBS -9.6%, LNET -8.2%, GORO -8%, CMG -6.7%,
ISRG -4.3%, UFPI -3.3%, AMD -3.3%, ALGN -3%, VOD -2.9%, TEF -2.3%,
PNRA -1.9%, SAN -1.8%, DB -1.8%, NOK -3.8%, FRO -2%, VZ -0.6%, UNP -1%
Comments »“The number of stocks hitting 52-week highs exceeds the number hitting lows and is at the upper end of its range, indicating extreme greed.”
Comments »Most markets seem to be in slightly negative territory digesting recent gains, but Japan, Spain, and Italy are off considerably.
Yields for Italy, Spain, France, and Germany …
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via CNBC.com
Asian stocks edged down on Friday as weak U.S. economic data outweighed robust corporate earnings.
The S&P 500 index [.SPX 1376.51 3.73 (+0.27%) ] rallied to a fresh 2-1/2 month peak overnight on a strong full-year outlook from IBM [IBM 195.34 7.09 (+3.77%) ], bullish earnings from eBay [EBAY 43.95 3.49 (+8.63%) ]and Qualcomm’s [QCOM 58.435 2.385 (+4.26%) ] expectations for a strong December quarter. But weaker-than-expected readings on U.S. manufacturing, housing and labor markets capped gains.
The FTSE CNBC Asia 100 Index [.FTFCNBCA 6019.05 -14.26 (-0.24%)], which measures markets across Asia, dipped 0.3 percent.
Japan’s Nikkei share average slipped in early trade as a firmer yen offset positive sentiment after U.S. stocks, buoyed by corporate earnings, rose for a third straight day.
The Nikkei [.N225 8792.19 -3.36 (-0.04%) ] eased 0.4 percent to 8,764.45, holding above its five-day moving average at 8,752.53, while the broaderTopix index was down 0.6 percent at 743.05.
Oil refiner Idemitsu Kosan retreated 0.4 percent after it shut the 220,000 barrels per day No. 2 crude distillation unit at its Chiba refinery, east of Tokyo, on Thursday evening after fire.
Toyota is close to an agreement to purchase light commercial vans from PSA Peugeot Citroen’s threatened Sevelnord plant in northern France, La Tribune reported. Its stock slipped 0.3 percent.
Seoul shares was flat as robust corporate earnings offset weak U.S. economic data.
READ THE REST HERE
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