The S&P 500 touches the 200 day for the first time since the year began. Buying opportunity?Comments »
Monthly Archives: June 2012
[youtube://http://www.youtube.com/watch?v=3t8xwpJZsNc 450 300]Comments »
[youtube://http://www.youtube.com/watch?v=L5EixDJ25Lc 450 300] [youtube://http://www.youtube.com/watch?v=JuMlHdxiIZ8 450 300]
“Carloads and intermodal rail traffic are both showing growth this week after some mixed results in recent data. Carloads posted a 1.3% year over year gain while intermodal continued to show relatively good growth at 4.3%. The breadth of the growth was a bit better this week with 16 of the commodity groups showing gains. Coal continues to drag on the overall data. The 10 week moving average for intermodal was flat this week at 3.3%. More details on this week’s data are available via AAR:”Comments »
Euro is now +0.6%!!!!!Comments »
Money is flowing into precious metals. Gold is up 2.5% and silver +2%.Comments »
“Much of the time when you talk about browser market share, it’s in the context of IE vs. Chrome vs. all the rest. But new data released from e-commerce technology company Monetate today has thrown the mobile version of Safari into the mix. The result? The firm found Mobile Safari to be the most rapidly growing web browser over the past year on its sites, going from 5.84% in Q1 2011 to 11.12% in Q1 2012. That’s not to say it’s the topbrowser – Internet Explorer still holds that crown – but it’s impact is being felt.”Comments »
down just 0.3%Comments »
Italy should start printing fresh euros and Germany should leave the currency union, former Italian Prime Minister Silvio Berlusconi said Friday, MF-Dow Jones reported.
“Here’s my crazy idea; Let’s start printing euros ourselves,” Mr Berlusconi told an assembly of his center-right People of Liberty party’s parliamentary deputies.
“Germany should leave the euro if it doesn’t agree with the European Central Bank serving as a lender of last resort,” he added, MF-Dow Jones said.
If the ECB doesn’t take on that role, Germany’s role in Europe should be reviewed, he said.Comments »