Flash: Cisco Soaring in After Hours Trade

Now +11% to $15.10

$16.9 billion in redemptions.

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BofA may shed half of $17 billion CCB investment

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Insider buying by CFO’s is always worth a look.

No. Ticker 1-year Return Market Cap Sector
1 NBG -63.32 5,390,000,000 FINANCIAL
2 LYG -58.75 35,230,000,000 FINANCIAL
3 BCS -47.54 35,900,000,000 FINANCIAL
4 BAC -47.20 77,020,000,000 FINANCIAL
5 DB -41.67 41,580,000,000 FINANCIAL
6 RF -41.27 6,010,000,000 FINANCIAL
7 MS -37.61 35,130,000,000 FINANCIAL
8 BBVA -36.93 41,530,000,000 FINANCIAL
9 LFC -36.54 81,760,000,000 FINANCIAL
10 CS -35.53 36,310,000,000 FINANCIAL
11 STD -33.88 56,380,000,000 FINANCIAL
12 BSBR -33.70 33,480,000,000 FINANCIAL
13 NMR -32.73 15,670,000,000 FINANCIAL
14 AIG -32.16 43,090,000,000 FINANCIAL
15 AEG -29.53 8,080,000,000 FINANCIAL
16 STI -28.75 10,630,000,000 FINANCIAL
17 AFL -26.42 18,500,000,000 FINANCIAL
18 C -25.84 92,930,000,000 FINANCIAL
19 GS -25.25 63,540,000,000 FINANCIAL
20 NYB -25.08 5,440,000,000 FINANCIAL
21 NTRS -24.09 9,410,000,000 FINANCIAL
22 FITB -23.83 9,700,000,000 FINANCIAL
23 ITUB -23.71 77,720,000,000 FINANCIAL
24 KEY -22.95 6,590,000,000 FINANCIAL
25 MET -20.36 36,880,000,000 FINANCIAL

Reports Q4 (Jul) earnings of $0.40 per share, $0.02 better than the Capital IQ Consensus Estimate of $0.38; revenues rose 3.7% year/year to $11.2 bln vs the $11 bln consensus. “We’ve made significant progress on our comprehensive action plan to position ourselves for our next stage of growth and profitability, while delivering solid financial results in Q4… As we start our next fiscal year, you will see a very focused, agile, lean and aggressive company, that is laser focused on helping our customers use intelligent networks to transform their businesses.”

Down 520.

In a CNBC interview, Elliot Wave fucktard, Robert Prechter, said he “wasn’t interested in gold,” comparing it to the bubbles of the Nsadaq and housing.

Consumption is falling; rather than new production and supplies killing prices….

No. Ticker % Change Market Cap Sector
1 BCS -8.73 35,900,000,000 FINANCIAL
2 DB -8.65 41,580,000,000 FINANCIAL
3 BBT -7.74 15,490,000,000 FINANCIAL
4 BBVA -7.60 41,530,000,000 FINANCIAL
5 PUK -7.54 25,780,000,000 FINANCIAL
6 C -7.23 92,930,000,000 FINANCIAL
7 STI -7.21 10,630,000,000 FINANCIAL
8 NMR -7.13 15,670,000,000 FINANCIAL
9 FITB -7.11 9,700,000,000 FINANCIAL
10 HIG -6.92 9,080,000,000 FINANCIAL
11 AFL -6.92 18,500,000,000 FINANCIAL
12 IVZ -6.90 8,430,000,000 FINANCIAL
13 ING -6.87 34,120,000,000 FINANCIAL
14 GS -6.87 63,540,000,000 FINANCIAL
15 STD -6.70 56,380,000,000 FINANCIAL
16 CME -6.64 17,760,000,000 FINANCIAL
17 BAC -6.58 77,020,000,000 FINANCIAL
18 RF -6.49 6,010,000,000 FINANCIAL
19 KEY -6.36 6,590,000,000 FINANCIAL
20 KB -6.27 14,020,000,000 FINANCIAL
21 MS -5.82 35,130,000,000 FINANCIAL
22 MCO -5.65 7,240,000,000 FINANCIAL
23 HBC -5.63 158,400,000,000 FINANCIAL
24 NTRS -5.56 9,410,000,000 FINANCIAL
25 AEG -5.46 8,080,000,000 FINANCIAL
26 MFC -5.42 24,020,000,000 FINANCIAL

Make no mistake we will always have wasteful deficit spending; but a committee has been formed to increase that teaparty voting pool….i mean to cut deficits.

Full article

No. Ticker % Change
1 AGQ 10.32
2 DPK 10.30
3 EPV 10.23
4 TVIX 9.89
5 NUGT 8.78
6 KXI 8.77
7 BXDC 8.75
8 LHB 8.63
9 EFU 8.23
10 EDZ 8.10
11 PSLV 7.90
12 FXP 7.88
13 FAZ 7.69
14 TPZ 7.67
15 SJH 7.32
16 VXX 6.14
17 DRN 6.11
18 MWN 5.73
19 SPXU 5.69
20 JJN 5.57
21 TZA 5.43
22 GDXJ 5.31
23 BGZ 5.27
24 EEV 5.27
25 VIXY 5.22

A slowing industry is not helping either…

The spread between WTI and Brent is now north of $24 or 29%.

No. Ticker % Change
1 BLTI 28.78
2 TAT 24.69
3 DGLY 22.42
4 CREE 21.70
5 VSR 21.34
6 VSCP 21.05
7 LOCM 20.81
8 ZANE 19.78
9 CQP 18.70
10 CLWR 17.61
11 PEGA 17.51
12 ANO 16.67
13 BPZ 16.28
14 QUIK 16.00
15 XNY 15.83
16 CNET 15.67
17 HDY 15.62
18 PZG 15.52
19 LEXG.OB 15.45
20 HNR 15.45
21 EGY 15.34
22 MKTG 15.23
23 TRGL 15.07
24 LUNA 15.04
25 LNET 14.

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No. Ticker % Change
1 PRMW -57.61
2 MOTR -56.26
3 ANX -55.51
4 IL -47.20
5 TELK -31.68
6 ASYS -27.84
7 SATC -24.83
8 AERG -24.00
9 CNIT -20.00
10 SKY -19.18
11 HIMX -19.14
12 BGMD -19.09
13 RWC -17.27
14 KV-A -17.24
15 HPOL -16.75
16 GMR -16.67
17 TNGN -16.52
18 MEG -16.48
19 VELT -16.10
20 LBY -15.96
21 JADE -15.90
22 IPAR -15.28
23 CIS -15.12
24 COBZ -14.93
25 MALL -14.8

WASHINGTON (AP) — The United States’ budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House to make more progress a long-term plan to shrink the growing imbalance.

The Treasury Department said Wednesday that the deficit through July totals $1.1 trillion. Three years ago, that would have been a record high for the full year.

This year’s deficit is on pace to exceed last year’s imbalance of $1.29 trillion but fall short of the record $1.41 trillion set in 2009.

For the first 10 months of the budget year, spending has risen 2.4 percent while revenue has climbed 8 percent. That’s a sign that more people are working and paying taxes, although unemployment remains high at 9.1 percent.

Record deficits have forced President Barack Obama and Congress to create a 12-member committee of lawmakers tasked with reducing the red ink over the next decade by $1.2 trillion. If the panel splits and cannot agree on a plan, severe across-the-board spending cuts would go into effect automatically.

It’s all about liquidity and where one can price debt

We shall see how long that last…..

Interesting indeud

Only a pro could say there was no panic selling as of late…..