Asia Stabilizes, Europe Rallies, and U.S. Futures Reach for .035% Upside

Futures

Currencies

Commodities

World Indices 

LIBOR, EURIBOR, 10 year yields for Italy, Spain, France, and Germany

Tyler Durden is out with another scary chart from Europe and some commentary explaining why the end is likely near for the EU experiment.

Read the article and see the chart here.

Even if I tried, I couldn’t make this stuff up. The sexually harassing comments made by this “lady” read like a scene right out of Horrible Bosses. Here is a sample:

17.      On or about July 28, 2011, Defendant Matranga was sitting in a chair adjacent Plaintiff’s desk. Plaintiff dropped a pen and went to retrieve the pen from the floor. When he did so Defendant Matranga stated, “While your down there, why don’t you help yourself to some ‘duck taco’.”

Read the article here.

Here are today’s hybrid movers. I’ve imported the tickers into finviz for your viewing pleasure, click here for charts.

Courtesy of The PPT

Short seller John Carnes (who used to work with Muddy Waters LLC founder Carson Block) is tired of all the infamy and lawsuits brought about by the tactics he used to drive down share prices. What is he going to do now? Why of course, he is going to work for the Federal Government.

Read the article here.

Contrarians note: average investors are shunning stocks. But it may not be enough to restart a bull market.

Read the article here.

[youtube:http://www.youtube.com/watch?v=hJ6_Ey_MJV4&feature=g-all-lik 603 500]

[youtube:http://www.youtube.com/watch?v=Na-FE0IuWWs&feature=g-all-u 603 500]

“The financial crisis has fully exposed the intellectual bankruptcy of the world’s central bankers.

Why? Central bankers neglect the fact that interest rates are prices. Manipulating those prices through credit expansion or contraction has real and deleterious effects on the economy. Yet while socialism and centralised economic planning have largely been rejected by free-market economists, the myth persists that central banks are a necessary component of market economies.

These economists understand that having wages or commodity prices established by government fiat would cause shortages, misallocations of capital and hardship. Yet they accept at face value the notion that central banks must determine not only the supply of one particular commodity – money – but also the cost of that commodity via the setting of interest rates…”

Full article

Facebook amended their S1 stating that mobile, which they have been touting, may have a negative material effect on revenues and operations going forward.

Does anyone feel like this IPO may be the TOP in the market for a while ? Or could this be a stunt for some of those private shares to be shaken out b4 the IPO ?

Stay tuned….

Amendment

You just can not make this shit up. Somebody wants carbon taxation awful bad…

Full article

“Corporations are infiltrating Africa with plans to profit from the land.

An $11 million dollar project funded by the Bill and Melinda Gates Foundation and the Cocoa-Cola Corporation are employing 50,000 Kenyan and Ugandan smallholders to produce fruit for Minute Maid, a subsidiary for Cocoa-Cola.

Mutli-national corporations are descending on Africa to utilize their land in the hopes that crop yields will boost their profit margins…”

Full article

Cisco Systems on Q3 earnings conference call says it sees Q4 gross margin between 61-62%

Cisco Systems on Q3 earnings conference call sees Q4 revenue growth of 2-5% vs ~7.1% growth Capital IQ consensus

Cisco Systems on Q3 earnings conference call sees Q4 EPS of $0.44-0.46 vs $0.47 Capital IQ Consensus Estimate

Scott Thompson, PH.d, esq, CEO and Lt. General of Yahoo! and the US Marines-ASSHAT

Despite having three doctorate degress in quantum physics, being a Lt. General in the US marines and a super successful defense attorney for the world’s largest charity, Scott Thompson is a fucking ASSHAT because he works for Yahoo. There is so much to be said about Scotty and I contemplated posting this under my blog, instead of news; but that would cheapen the severity of my charge, wouldn’t it?

This is NEWS, fuckers, and Scotty is a lying cocksucker, who believes his fancy pants degrees and high brow position at charities and militaries makes him better than the rest of us.

WRONG.

I am siding with Daniel Loeb and calling for the immediate removal of Mr. Thompson and nominate myself to run Yahoo. I’ll teach those fuckers how to dominate again, through sheer violence and outright belligerency.

More on this wonderful tale.

Stock is +7.

“If you thought Mitt Romney was a robotic cyborg programmed by the Republican Party solely to give Barack Obama a run for his money, think again. It is now being reported that the GOP frontrunner once did something — gasp — human!”

Full article

Leave the apple pie at the door….

Full article

down big on earnings report.

Universal display reports -.03 vs 0.04, revs 12.6 vs 16.4

$PCLN beats very nicely on the bottom line.

1. Priceline.com shares down 2.6% after Q1 report

   5 min ago

    

2. Priceline Q1 revenue $1.04 bln vs $809.3 mln

   7 min ago

    

3. Priceline Q1 profit $3.54 a share vs $2.05 a share

   8 min ago

   – Sue Chang

A yawn of a report so far. I suspect Chambers to be a bit cautious on the conference call.

Full report