[youtube://http://www.youtube.com/watch?feature=player_embedded&v=WmEHcOc0Sys#! 450 300]
Comments »Monthly Archives: October 2011
Italian BTP Purchases Help the Markets to Bounce
Love this game called Wall st…..or maybe now it should be called global ponzi st…
Comments »Should You Be Bullish or Super Bullish ?
Jim Chanos Warns of the Global Value Trap
Should We Celebrate The Dollars Strength When it is by Default ?
NYPD Being Looked Into for “Heavy Handed Action” Against Wall Street Protesters
[youtube:http://www.youtube.com/watch?v=npLsKom3mfk 450 300]
Comments »History Tells Us Not to Bet on a Eurozone Solution This Weekend
Based on previous defaults it may take years. Hopefully history will not repeat itself…
Comments »JPMorgan: Stocks Can Rally 20 Percent by Year’s End
U.S. Corporate Defaults Hit a Three Year Low
NAHB Home Index: Prior 14, Market Expects 15, Actual 18
Wharton’s Siegel: Stocks a Bargain, Could Rise 40 Percent
Economist Maxton: Modern Economics Has Failed Us
FLASH: Risk-Off in the Metals, Dollar Gains
Gold, silver and copper are off between 1-3%, as the dollar firms–now +0.2%
Comments »The 1979 Occupy Wall Street
TIC FLOWS UP HUGE + $89.6 Billion
Upgrades and Downgrades
Upgrades
WYN – Wyndham Worldwide initiated with Neutral at Nomura
APC – Anadarko Petro upgraded to Outperform from Perform at Oppenheimer
CVX – Chevron target raised to $120 at Oppenheimer
AA – Alcoa initiated with a Buy at Stifel Nicolaus
SIMO – Silicon Motion initiated with a Outperform at Northland Securities
CFN – CareFusion initiated with a Market Perform at BMO Capital
BCR – C.R. Bard initiated with a Neutral at Cowen
CHTR – Charter Comm initiated with an Outperform at Credit Suisse
VMW – VMware added to Conviction Buy List at Goldman
RA – RailAmerica initiated with a Sector Perform at RBC Capital
BRCM – Broadcom initiated with Buy at Societe Generale
QCOM – initiated with Hold at Societe Generale
KSU – KC Southern initiated with an Outperforms at RBC Capital
DFS – Discover Financial Services initiated with Market Perform at William Blair
AKS – AK Steel upgraded to Neutral from Sell at Goldman
WXS – Wright Express initiated with Outperform at William Blair
GWR – Genesee & Wyoming initiated with an Outperforms at RBC Capital
PEP – PepsiCo upgraded to Buy at Argus
Downgrades
PCL – Plum Creek downgraded to Market Perform from Outperform at BMO Capital
SQNM – Sequenom downgraded to Neutral from Overweight at Piper Jaffray
COH – Coach initiated with a Hold at Deutsche Bank
CAKE – Cheesecake Factory upgraded to Overweight from Neutral at Piper Jaffray
X – U.S. Steel downgraded to Sell from Neutral at Goldman
TEL – TE Connectivity upgraded to Overweight from Underweight at JP Morgan
IBM – IBM downgraded to Sector Perform from Outperform at FBN Securities
BMI – Badger Meter downgraded to Neutral from Buy at Janney Montgomery Scott
BSX – Boston Scientific initiated with a Neutral at Cowen
HAS – Hasbro downgraded to Neutral from Buy at Goldman
STJ – St. Jude Medical initiated with a Neutral at Cowen
CROX – Crocs target lowered to $21 at Stifel Nicolaus
EP – El Paso downgraded to Neutral from Positive at Susquehanna
PGR – Progressive downgraded to Hold at Argus
TLM – Talisman Energy initiated with a Buy at Tudor Pickering
Comments »Gapping Up and Down This morning
Gapping Up
VRX +0.6%, HGSI +13.3%, SFSF +7.3%, PH +2.8%, DPZ +1.4%, VMW +0.5%,FELE +4.6%, GFI +1.4%, CCL +1.2%, CPTS +8.3%,
Gapping Down
TSON -35.9%, CROX -35.1%, STRI -14.5%, IM -13.2%, CWTR -10.6%, REGN -4.8%, IBM -4.6%, AGL -4.5%,
BHE -4.4%, RIO -3.1%, GMCR -2.4%, SLW -3.9%, AG -3.8%, SLV -3.8%, RIO -3.4%, SVM -3.1%, AUY -2.7%,
MT -2.2%, BHP -1.7%, VMW -2.4%, BHP -1.7%, BIDU -1.2%, BA -0.3%, CHK -2%, WAG -1.4%, EP -1%,
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