No. Ticker % Change
1 EDZ 19.76
2 ZSL 19.24
3 LHB 19.11
4 TVIX 19.08
5 YANG 18.15
6 ERY 15.89
7 DUST 15.13
8 BZQ 13.70
9 EEV 13.60
10 INDZ 13.22
11 SQQQ 12.88
12 SMN 12.50
13 FXP 12.23
14 TMF 11.45
15 SFK 10.95
16 DUG 10.85
17 SCO 10.74
18 MWN 10.63
19 SOXS 10.15
20 VXX 10.11
21 VIIX 9.97
22 BXDC 9.89
23 VIXY 9.88
24 DTO 9.65
25 TYP 9.46
26 DPK 9.45
27 BGZ 9.42
28 SPXU 9.01
29 FAZ 8.99
30 SKK 8.15
31 TZA 7.86
32 SRTY 7.68
33 UBT 7.54
34 DRV 7.34
35 SICK 7.26
36 SJH 7.24
37 SIJ 7.24
38 MZZ 7.18
39 VZZB 7.15
40 EPV 7.06
41 DXD 7.01
42 SCC 6.81
43 EUM 6.75
44 SJF 6.57
45 QID 6.40
46 EFU 6.29
47 REW 5.95
48 SDS 5.89
49 RSW 5.88
50 SKF 5.71
Today’s Biggest Winners and Losers
No. Ticker % Change
1 PIP 20.35
2 DEER 18.57
3 IRIS 14.67
4 SCMR 12.78
5 HEV 12.47
6 VICL 12.35
7 PENX 12.31
8 FUEL 11.26
9 BVX 10.68
10 GR 10.10
11 CADX 9.48
12 EVC 9.09
13 OMEX 8.80
14 CLWR 8.62
15 TSON 8.11
16 ENER 7.29
17 SCHL 6.72
18 MNTA 6.31
19 JKS 6.25
20 OCLS 5.81
21 ES 5.69
22 CSKI 5.56
23 LBAI 5.38
24 TNH 5.24
25 KIPS 4.81
————————–
No. Ticker % Change
1 SIGA -42.80
2 KGN -27.49
3 NOAH -21.81
4 AUMN -20.99
5 PGTI -20.00
6 SCS -19.53
7 SFUN -19.36
8 TLR -19.00
9 TRX -17.95
10 TAOM -17.75
11 FPP -16.91
12 ZLC -16.53
13 TUDO -16.10
14 TZOO -16.00
15 CTDC -15.69
16 NAK -15.67
17 XFN -15.62
18 YRCW -15.57
19 SZYM -14.98
20 MDW -14.80
21 XRA -14.63
22 MOBI -14.63
23 CRR -14.47
24 NTWK -14.29
25 SWC -14.27
26 CX -14.10
27 LNG -13.98
28 CXZ -13.93
29 MALL -13.86
30 XG -13.68
31 MTL -13.53
32 BIOS -13.44
33 CYCC -13.43
34 GRO -13.42
35 FSM -13.38
36 TESO -13.31
37 TITN -13.31
38 EDAP -13.20
39 RNET -13.19
40 RBN -13.17
41 QMM -13.16
42 SWFT -13.15
43 DQ -13.10
44 PAL -13.06
45 CPHI -13.04
46 ATI -13.03
47 CPSL -12.99
48 SHZ -12.98
49 ANV -12.84
50 TWI -12.83
TRB’s Death by Equities
Excellent recap by Josh Brown here (The Reformed Broker -TRB)
Comments »Bulls Get Tarred and Feathered on High Volume
BRICS Get Publicly Sketchy on Bailing Out Europe
G20 meeting reveals some apprehension on BRIC nations bailing out European banks and sovereign debt issues.
Comments »
Lunch Break: Ignore The Talking Heads
Thankfully, we are not alone @ iBC
[youtube:http://www.youtube.com/watch?v=EHJmPcILfg8 450 300] Comments »A Goldman Note on what Companies Will Get Crushed With U.S. Austerity
Anatomy of a Bubble
Rogue Trader Losses @ UBS May Now Exceed $2.3 Billion as Fraud Has Been Ongoing Since 2008
EU Ministers Appear to Agree Upon a Greek Default
The fuckers in the EU love to drag shit out….get it fucking over with you wine sipping frog leg eating girly men.
Comments »Citi Note on The Family Jewels
Black Toast
Technicals are hard to call during extremely volatile markets, but it would appear as of this morning that the S&P is toast.
IMO Were looking at a test of 1045 area with a possible breach of 1000.
So don’t be afraid to keep your powder dry a little while longer.
Given all the news one would think gold would be up. This is the only curious trade i can not figure out momentarily, but longer term this should be a buying opportunity.
Here was a piece FYI on $1700 gold
At any rate, the t.v. keeps talking about hope. I say fuck hope given a possible banking contagion.
The markets still have some resilience despite all the negativity. Look for the 1140 level on today’s close. Below that we have 1120, 1100, 1045, 990. Thankfully the S&P has bounced off the 50 day of 1132ish. Let’s hope for a hold of this area, but I will not bet on it.
Oversold territory has only been a bounce effect lately. I suppose it is important to note that we are very oversold.
The 1050 area tested last June feels like the magnet area to where we might get pulled down too.
Good luck to all.
[youtube:http://www.youtube.com/watch?v=UxrljsaGrqc 450 300]
Comments »
Upgrades and Downgrades This Morning
Upgrades
NFLX – Netflix upgraded to Outperform at Wedbush
LULU – lululemon athletica initiated with a Buy at Argus
TEVA – Teva Pharma resumed with a Buy at Goldman
GIS – General Mills target raised to $44 from $40 at Stifel Nicolaus
BMY – Bristol-Myers upgraded to Buy from Neutral at Goldman
STJ – St. Jude Medical initiated with a Buy at Kaufman Bros
GSK – GlaxoSmithKline upgraded to Neutral from Sell at Goldman
RHT – Red Hat target raised to $50 from $48 at RBC Capital Mkts
SYK – Stryker upgraded to Buy from Hold at Citigroup
HNZ – HJ Heinz initiated with a Buy at Jefferies
INTC – Intel upgraded to Buy from Neutral at BofA/Merrill
BRCM – Broadcom upgraded to Market Perform from Underperform at JMP Securities
LVS – Las Vegas Sands tgt raised to $59 from $52 at Goldman
Downgrades
YOKU – Youku.com removed from Conviction Buy List at Goldman
JNJ – Johnson & Johnson downgraded to Neutral from Buy at Goldman
PG – Procter & Gamble downgraded to Neutral from Buy at SunTrust
UA – Under Armour downgraded to Hold at Needham
MLNX – Mellanox Tech reinstated with a Neutral at Credit Suisse
CVS – CVS Caremark initiated with a Hold at Deutsche Bank
BMO – Bank of Montreal downgraded to Underperform from Sector Perform at Scotia
MDU – MDU Resources initiated with a Hold at Capstone
CPRT – Copart target lowered to $42 from $45 at RBC Capital Mkts
WPI – Watson Pharm resumed with Conviction Buy at Goldman
URBN – Urban Outfitters downgraded to Underperform at Wedbush
WCG – WellCare Group target lowered to $55 from $57 at Stifel Nicolaus
Comments »Gapping Up and Down This Morning
Gapping up
YHOO +1.4%, MLHR +11.5%, INTU +1.3%, HNZ +0.9%, NFLX +0.6%, TNH +4.3%, GR +7.8%, MOS +2.2%,
RHT +6.5%, MOS +2.2%, BBBY +1.7%,
Gapping down
do you even have to look at this category given the futures and world market performance ?
In Play and On the Wires
EL-ERIAN WARNS: “These Are All The Signs Of An Institutional Run On French Banks”
ROUBINI: Recession Is At This Point Unavoidable, And It Could Be Worse Than 2008
Copper Getting Crushed for 6.6%
Global slowdown helps to make the things we need cheaper….question is if this is deflation or a normal reaction to a slowdown.
Comments »
