Typically, gold trades lower on bad economic news, as people flee commodities for dollars and bonds. However, as of now, gold is up $12.
Comments »Sony Investigating Fresh Hack Attack
Kucinich’s Resolution to End War in Libya Pulled
“I am disappointed that the President and leadership feel the need to buy even more time to shore up support for the War in Libya,” Kucinich said. “It’s not surprising that some are now wondering if a preliminary vote count on my resolution came out in favor of defending the Constitution.
“The administration wants to postpone and avoid this deliberation; however Congress cannot maintain its position as a co-equal branch of government if it willingly forfeits the decision-making on matters of war and peace,” he added. “This is why it is important that this issue be brought forward for deliberation and a vote.”
Comments »Report: U.S. Led War in Libya Has Cost at Least $2 billion
Like Me Pappy Used to Say: ” If You Can’t Pay For It Then Don’t Buy it”
Seriously, does everyone on the planet need to own a home ?
It appears QRM is too much for most would be home owners and the banks do not want to take any risk. Not even 5%.
Let’s face it; 20% is reasonable for a very large purchase. Do you really think anything less is a good idea ? It will only lead to trouble so why not keep the rule. Your never going to make the housing mess go away until society tightens its belt and until wages go higher.
Comments »Raw Commodity ETF Returns- 1 Week
No. Ticker 1-week Return Watchlist
1 UNG 9.64 Raw Commodities Index
2 BAL 9.32 Raw Commodities Index
3 SGG 3.79 Raw Commodities Index
4 JJU 3.15 Raw Commodities Index
5 FUE 2.24 Raw Commodities Index
6 PGM 2.14 Raw Commodities Index
7 PALL 1.92 Raw Commodities Index
8 CORN 1.79 Raw Commodities Index
9 GLD 0.86 Raw Commodities Index
10 LIT 0.85 Raw Commodities Index
11 KOL 0.31 Raw Commodities Index
12 USO 0.20 Raw Commodities Index
13 DBA -0.09 Raw Commodities Index
14 COW -0.29 Raw Commodities Index
15 JJC -0.76 Raw Commodities Index
16 UGA -1.28 Raw Commodities Index
17 JJN -1.64 Raw Commodities Index
18 JO -1.66 Raw Commodities Index
19 JJT -1.73 Raw Commodities Index
20 URA -2.95 Raw Commodities Index
21 LD -3.24 Raw Commodities Index
22 NIB -3.33 Raw Commodities Index
23 SLV -3.34 Raw Commodities Index
Appaloosa Reports Giant Stake in CVI Energy
CVR Energy: Appaloosa discloses 8.26% stake, or ~7.1 mln shares, in 13G filings (denotes passive stake)
Briefing.com note: Appaloosa previously disclosed 1,556,374 stake as of 3/31. (INSID)
Chinese Scam: FUQI
Fuqi Intl: NASDAQ confirms it will delist the common stock of Fuqi
Comments »Brent-WTI Crude Spread at Record High
The spread between WTI and Brent is now over $15 or 15%, as tensions abroad keep Brent at a premium.
Comments »Flash: Moody’s Throw U.S. Banks into Penalty Box
They are placing Banc of America, Citi and Wells Fargo on downgrade review.
Comments »Crack Spreads Continue to Push Higher
Spreads are up 3.3% to $26 this morning.
Comments »For Profit Education Stocks Rip to the Upside
The Dollar is Being Clubbed to Death this Morning
down 0.6% as you read this.
Comments »Flash: S&P Futures Firm Up Ahead of European Trade
In light of the world not ending, U.S. futures are pointing to a higher open, just ahead of European markets opening.
At the moment, S&P futures are up 2.4.
Comments »Toyota Sales in China Down 35% in May
Flash: Japan Opens Down 2%
In response to Wall street’s blood letting session.
Comments »Another Chinese Fraud: JGBO
Today’s Biggest Losers
min mkt cap $1billion
5 JOSB -13.29 1,580,000,000
6 JNPR -9.94 19,520,000,000
7 DG -9.30 11,980,000,000
8 TWI -7.66 1,160,000,000
9 BC -7.59 1,930,000,000
10 RF -7.37 8,870,000,000
11 FNSR -7.22 2,150,000,000
12 CENX -7.19 1,500,000,000
13 MTZ -7.05 1,670,000,000
14 SEE -7.05 4,110,000,000
15 MWW -6.84 1,880,000,000
16 THRX -6.77 2,200,000,000
17 BVN -6.75 11,200,000,000
18 IO -6.74 1,560,000,000
19 LYG -6.74 57,760,000,000
20 RAVN -6.70 1,010,000,000
21 BAS -6.65 1,150,000,000
22 WFR -6.65 2,420,000,000
23 TZOO -6.64 1,240,000,000
24 URI -6.60 1,710,000,000
25 RGC -6.57 2,090,000,000
26 STI -6.56 14,060,000,000
27 RP -6.55 2,050,000,000
28 DLX -6.53 1,320,000,000
29 SVU -6.53 2,180,000,000
30 LDK -6.46 1,120,000,000
31 HLX -6.39 1,860,000,000
32 IDCC -6.37 1,950,000,000
33 TTMI -6.37 1,350,000,000
34 POOL -6.32 1,460,000,000
35 MU -6.27 10,210,000,000
36 NAK -6.27 1,190,000,000
37 ODFL -6.24 2,140,000,000
38 SWY -6.23 9,040,000,000
39 EWBC -6.22 2,940,000,000
40 NOG -6.19 1,240,000,000
41 WTI -6.18 1,930,000,000
42 THO -6.04 1,800,000,000
43 PANL -6.01 2,160,000,000
44 BID -5.99 2,870,000,000
45 TROW -5.97 16,440,000,000
46 NGG -5.96 36,590,000,000
47 RIMM -5.95 22,330,000,000
48 TEX -5.95 3,250,000,000
49 EDMC -5.85 2,860,000,000
50 AMTD -5.85 12,310,000,000
Today’s Worst Performing ETF’s
No. Ticker % Change
1 DRN -7.07
2 FAS -7.05
3 TNA -6.18
4 ERX -5.40
5 RUSL -5.32
6 UCO -5.07
7 UYG -4.90
8 EPU -4.79
9 SOXL -4.79
10 UPRO -4.70
11 BGU -4.68
12 LBJ -4.57
13 UYM -4.44
14 URE -4.32
15 AGQ -4.24
16 UWM -4.07
17 MWJ -3.91
18 TQQQ -3.78
19 TMV -3.78
20 DIG -3.64
21 EDC -3.63
22 TAN -3.47
23 CZM -3.45
24 MVV -3.38
25 DZK -3.37
Today’s Top Performing ETF’s
No. Ticker % Change
1 CVOL 7.24
2 FAZ 6.50
3 DRV 5.84
4 TZA 5.16
5 SRTY 5.14
6 CZI 4.65
7 SKF 4.46
8 SOXS 4.39
9 ERY 4.37
10 DTO 4.28
11 TVIX 4.24
12 SCO 4.22
13 SPXU 4.07
14 BGZ 4.06
15 BXDC 4.03
16 DPK 3.97
17 SRS 3.83
18 SMN 3.79
19 TMF 3.57
20 LHB 3.49
21 ZSL 3.48
22 TWM 3.44
23 FXP 3.44
24 SSG 3.26
25 EPV 3.12
