“China’s inflation accelerated more than forecast in March on a pickup in food prices, signaling that policy makers may exercise caution in adding stimulus to boost growth.

Consumer prices rose 3.6 percent from a year earlier, the National Bureau of Statistics said today. That was more than the median 3.4 percent estimate in a Bloomberg News survey of 33 economists. Food-related costs gained 7.5 percent.

Premier Wen Jiabao’s officials may need to remain alert to the risk of inflation bouncing back even after price increases stayed below the government’s 4 percent target for a second month.China’s economy may have expanded last quarter at the slowest pace in almost three years, showing the limits of the nation’s contribution to global growth as U.S. job growth weakens and concern mounts about Europe’s sovereign-debt crisis.

“The upside surprise in today’s CPI reading is likely to raise concerns about a possible rebound in inflationary pressures among policy makers,” said Song Yu, a Beijing-based economist with Goldman Sachs Group Inc. “The data could limit the magnitude of the policy loosening that likely started in March,” Song said, citing Goldman’s observations on the increasing supply of loans and news reports on the government easing restrictions on banks’ lending capacity…”

Read more

Asia

Europe

Futures

Currencies

Commodities

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

By BEN LEVISOHN

After a six-month rally, U.S. stocks are getting pricier. Experts say investors should exercise caution.

The Standard & Poor’s 500-stock index gained 12% during the first three months of 2012, the best start to the year since 1998. After this week’s 0.7% drop, the benchmark index has run up a stunning 27% since Oct. 3. Despite the surge, some strategists argue that stocks are still cheap, based on comparisons with bonds.

More traditional measures, however, suggest stocks at best are fairly priced, and at worst are worryingly expensive. With corporate earnings growth slowing in the U.S. and fresh fears of a European meltdown, some strategists say stocks are due for a rough stretch.

“There’s a lot of uncertainty out there, so the S&P shouldn’t be trading at a premium,” says Stuart Kaiser, an equity strategist at Goldman Sachs Group GS -1.63% . “The idea that equities are cheap is not quite right when all factors are considered.”

Read the rest here.

The bulls and bears had a tug of war today. All in all a win for the bulls as we did not see follow through from yesterday.

An interesting note is that besides yesterday we have decoupled from European markets when you compare market action.

Oil went up silly today as did many commodities.

DOW down 16

NASDAQ up 12

S&P down 0.63

WTI up $1.66

Gold up $17

U.S. equities pare early morning losses. The bulls a re thankful that there was no follow through from yesterday’s sell off. Our markets are shaking off the bad news and performance out of Europe and we are trying to trde higher in the face of a stronger dollar.

Retail sales have given us some hope regarding the consumer.

DOW unch

S&P unch

NASDAQ up 13

Source

3D heat map 

S&P A/D Line 

NASDAQ A/D Line

NYSE

New Highs 25 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Calpine                       CPN         17.63              179,912 
CinemarkHldgs                 CNK         23.26              829,711 
Copa Hldgs Cl A               CPA         82.45               29,611 
Corrections Corp Of Amer      CXW         30.62            1,826,200 
Family Dollar                 FDO         65.28              239,789 
Gazit-Globe                   GZT         10.85                1,800 
Health Net                    HNT         41.22              276,455 
Lowe's Cos                    LOW         31.60            1,720,283 
Macy's Inc                    M           41.27            1,269,065 
Mangd Durtn InvGr Mun Fd      MZF         15.86                4,627 
Myers Industries              MYE         15.96               30,599 
PPG Industries                PPG         98.43            1,280,353 
Par Pharma                    PRX         41.98              147,240 
Pembina Pipeline              PBA         29.36               45,629 
Penske Automotive             PAG         26.24               37,487 
Primus Telecommunications     PTGI        17.35                9,327 
RPM Intl                      RPM         27.70              293,260 
Rentech Nitrogen Ptrs LP.     RNF         28.40               25,834 
Roundys                       RNDY        12.40              271,027 
Sally Beauty Hldgs            SBH         25.79               46,491 
Sherwin-Williams              SHW         114.44             652,205 
PMorgan Ch Cap XVII           GJN         23.19                7,999 
TJX Cos                       TJX         40.48            1,429,356 
Taro Pharmaceutical Indus     TARO        41.51                8,232 
Valspar Corp                  VAL         50.77              190,768 

New Lows 18 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
Advantage Oil & Gas           AAV         3.11                63,984 
Banco Bradesco ADS            BBDO        14.42                2,100 
Banco Macro SA                BMA         17.67               16,720 
Bill Barrett                  BBG         24.31               48,650 
Cloud Peak Engy               CLD         15.30               45,241 
DelhaizeGrp                   DEG         49.54               10,304 
Enerplus                      ERF         20.37              612,634 
France Telecom                FTE         13.82              654,078 
GFI Group                     GFIG        3.44                66,152 
GasLog Ltd                    GLOG        11.05               42,919 
Heckmann                      HEK         4.13               578,369 
KT Crp ADS                    KT          13.50               95,274 
Regional Management           RM          16.01               28,000 
Telefonica                    TEF         15.30              700,573 
Titanium Metals               TIE         13.06              120,467 
Transalta Corp                TAC         18.25                4,894 
Ultra Petroleum               UPL         20.97              226,985 
World Wrestling               WWE         8.48                40,785 

 NASDAQ

New Highs 24 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Allegiant Travel              ALGT        61.21               48,159 
Amer Realty Cap Tr            ARCT        10.73              236,626 
Array BioPharma               ARRY        3.54                69,001 
Bed Bath & Beyond             BBBY        70.74            2,174,038 
Charming Shoppes              CHRS        6.17               248,529 
China Recycling Energy        CREG        3.41               439,376 
Discovery Comm C              DISCK       47.97               36,165 
Discovery Comm A              DISCA       51.36              136,159 
First United                  FUNC        7.50                24,374 
Fisher Comm                   FSCI        32.26                  701 
Great Wolf Resorts            WOLF        6.48             1,112,344 
Hibbett Sports                HIBB        56.12               16,848 
Hingham Institution Savs      HIFS        57.99                  600 
Inventure Foods               SNAK        5.25                 5,083 
Joe's Jeans                   JOEZ        1.50               276,195 
Linktone   (ADS)              LTON        1.52                 6,084 
Liquidity Services            LQDT        49.89              214,742 
pricelinecom                  PCLN        759.89             205,232 
Ross Stores                   ROST        59.70              306,878 
Sucampo Pharm (Cl A)          SCMP        8.09                18,248 
TearLab                       TEAR        3.97               100,343 
TIBCO Software                TIBX        33.11            1,137,654 
Tractor Supply Co             TSCO        93.50               84,623 
US Ecology                    ECOL        22.71               12,180 

New Lows 21 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
APCO Oil and Gas              APAGF       61.35                8,807 
Advocat Inc                   AVCA        4.97                 2,100 
Alvarion                      ALVR        0.68               624,261 
Amyris                        AMRS        4.18                51,595 
AngioDynamics                 ANGO        11.73               83,334 
Chelsea Therapeutics Intl     CHTP        2.01               559,168 
EnerNOC                       ENOC        6.65                57,218 
Enterprise Fincl Services     EFSC        11.01               13,862 
Exceed Co                     EDS         2.52                 3,198 
First Solar                   FSLR        21.30              718,806 
Groupon Inc                   GRPN        14.01            1,059,500 
InterDigital                  IDCC        33.42               65,899 
James River Coal Co           JRCC        4.75               443,955 
Lumos Networks                LMOS        9.81                 8,049 
NeurogesX                     NGSX        0.44                12,230 
SMART Technologies            SMT         2.81                 9,854 
SMF Energy                    FUEL        1.00                66,942 
Seven Arts Entertainment      SAPX        0.12               150,507 
Stereotaxis                   STXS        0.52                20,299 
Targacept                     TRGT        4.87                42,767 
YRC Worldwide                 YRCW        5.54                29,416

-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
PFE        5/19/12         22.0000        5286            0.6600      dn 0.0400 
AAPL       4/5/12         630.0000        2942            0.3000      dn 0.5400 
AAPL       4/5/12         625.0000        2408            1.5700      dn 0.8400 
MSFT       5/19/12         32.0000        2159            0.5500      up 0.0100 
AIG        5/19/12         35.0000        1384            0.7000      dn 0.0800 
AAPL       4/5/12         620.0000        1338            4.6000      dn 0.9000 
AVP        4/21/12         22.0000        1287            1.3000      up 0.1500 
BTU        4/21/12         31.0000        1206            0.5700      up 0.2900 
BAC        4/21/12         10.0000        1035            0.1000      dn 0.0200 
RIO        7/21/12         55.0000        1010            4.0000      up 0.2000 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
RIMM       4/5/12          12.0000        3000            0.0200      up 0.0100 
AAPL       4/5/12         620.0000        1991            0.7300      dn 0.6300 
AIG        5/19/12         30.0000        1579            0.6700      up 0.1100 
FSIN       4/21/12         10.0000        1500            3.2000      dn 0.1000 
AAPL       4/5/12         615.0000        1486            0.1800      dn 0.3100 
AAPL       4/5/12         625.0000        1458            2.5700      dn 0.6800 
BAC        4/13/12          9.0000        1254            0.1000      dn 0.0200 
BAC        11/17/12         9.0000        1058            1.0400      dn 0.0500 
AA         4/21/12         10.0000        1025            0.4200      up 0.0000 
AA         5/19/12          9.0000        1023            0.1800      up 0.0000 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
250466    253144        503610

 -CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC        4/21/12          9.0000         253            0.4700      dn 0.0100 
AAPL       4/5/12         630.0000         209            0.4000      dn 0.5000 
AAPL       4/5/12         620.0000         198            4.9500      dn 0.4500 
STX        4/5/12          27.0000         183            0.0700      dn 0.5100 
POT        4/21/12         45.0000         179            1.4500      up 0.1100 
BTU        4/21/12         30.0000         142            0.9500      up 0.4300 
AAPL       4/5/12         625.0000         116            1.6500      dn 0.8100 
AIG        5/19/12         29.0000         111            3.7000      dn 0.2500 
BAC        4/21/12         10.0000         105            0.1100      dn 0.0100 
RIMM       7/21/12         14.0000         100            1.1400      dn 0.0200 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
RIMM       4/5/12          13.0000         332            0.2000      dn 0.1300 
MSFT       4/5/12          31.0000         250            0.0500      dn 0.0700 
AAPL       4/5/12         625.0000         136            2.5300      dn 0.8700 
NFLX       4/5/12         110.0000         119            0.5000      dn 0.3800 
WFM        5/19/12         75.0000         107            1.2000      up 0.0900 
IBM        4/5/12         205.0000         100            0.3500      up 0.1400 
AAPL       4/5/12         620.0000          95            0.6800      dn 0.7900 
AIG        5/19/12         29.0000          94            0.4400      dn 0.1500 
GIS        4/21/12         39.0000          90            0.2700      up 0.0400 
BBBY       4/5/12          62.5000          79            0.0100      dn 0.2700 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
15837    17024        32861

Source 

“WASHINGTON (MarketWatch) — Among the stocks that could see active trade in Thursday’s session are Ruby Tuesday Inc., Meru Networks Inc. and Bed Bath & Beyond Inc.

CarMax Inc. KMX +0.84% , Constellation Brands Inc. STZ +0.78% , WD-40 Co. WDFC -0.80% , Schnitzer Steel Industries Inc. SCHN -2.83% , AZZ Inc. AZZ -1.86%  and SemiLEDS Corp.LEDS +1.02%  are the featured companies on Thursday’s earnings calendar.

Standard & Poor’s said Cinemark Holdings Inc. CNK +5.14%  will take the place of NstarNST -1.00%  in the S&P MidCap 400 index after the close of trading April 9. Nstar and merger partner Northeast Utilities NU -0.83%  said they have received final approval, from Massachusetts regulators, for their transaction. The companies have set a closing date of April 10.

Meru Networks MERU +4.73% , citing business challenges that have proved “greater than expected,” said results for the first quarter ended March 31 will come in lower than forecast. The Sunnyvale, Calif.-based wireless technology company now projects quarterly revenue in a range of $19.0 million to $19.5 million. Meru is taking steps to limit growth in expenses and enhance productivity, according to Bami Bastani, president and chief executive, who began working in the post in a full-time capacity on Monday.

Nearly two years to the day after the tragedy, Alpha Natural Resources Inc. ANR +0.48% said the Upper Big Branch coal mine in West Virginia will be permanently closed. An explosion at the mine, owned at the time by Massey Energy Co., left 29 miners dead. Work on sealing off the mine is expected to be completed this summer, according to Bristol, Va.-based Alpha Natural, which acquired the mine property via its 2011 purchase of Massey Energy. “We are currently making significant safety-related investments in leading-edge technologies that will make coal mines safer throughout the industry,” said Kevin Crutchfield, CEO of Alpha Natural, in a statement.

Dick’s Sporting Goods Inc. DKS +0.10%  closed on the acquisition of the Top-Flite brand, including intellectual property rights, from Callaway Golf Co. ELY -2.02% , the companies said. Term were not disclosed. The deal means “we’ve added a strong, highly recognized name to our portfolio while gaining a valuable competitive advantage in the golf market,” said Edward Stack, chairman and CEO of the Pittsburgh-based Dick’s chain. Callaway said the disposal is in keeping with management’s plans for a business restructuring aimed at lowering costs and heightening focus on the Carlsbad, Calif.-based company’s core units.

Carmike Cinemas Inc. CKEC +0.21%  has commenced a secondary public offering of common stock, in the amount of 4 million shares. The Columbus, Ga.-based company said it plans to use net proceeds for general corporate purposes. Underwriters will have a 30-day option to buy up to 600,000 additional shares to satisfy investor demand if warranted.

Underwriters fully exercised their option to buy additional shares of Enphase Energy Inc.ENPH -2.49%  following the company’s initial public offering last week. As a result, Petaluma, Calif.-based Enphase said it sold more than 10.3 million common shares at a price of $6 each, yielding net proceeds of about $54.6 million.

Wednesday earnings recap

Bed Bath & Beyond BBBY +4.18%  reported a net profit of $351 million, or $1.48 a share, for the fourth quarter ended Feb. 25, up from $283.5 million, or $1.12 a share, earned in the final three months of fiscal 2011. Quarterly revenue generated by the Union, N.J.-based retailer of housewares reached $2.73 billion from the prior year’s $2.5 billion, chalking up growth in same-store sales of 6.8%. In a survey by FactSet Research, the consensus of analysts had been for a profit of $1.33 a share on $2.66 billion in revenue. Looking ahead to the first quarter, Bed Bath & Beyond pegged earnings in a range of 79 cents to 83 cents a share, with profit for the full fiscal year projected to increase at percentage pace in a range from the high single digits to the low double digits.  Read more on Bed Bath & Beyond’s results and outlook.“

Source

Allos Therapeutics Inc. (ALTH) surged 27 percent to $1.82. The biopharmaceutical company agreed to be bought by Spectrum Pharmaceuticals Inc. (SPPI) for $1.82 a share, plus rights worth 11 cents a share tied to European regulatory approval and sales of its Folotyn cancer drug. Spectrum declined 14 percent to $10.40.

AngioDynamics Inc. (ANGO) : The maker of devices to treat cancer and heart disease forecast fourth-quarter earnings may be as low as 9 cents a share, compared with the average analyst estimate of 11 cents.

Bed Bath & Beyond Inc. (BBBY) rose 4.6 percent to $69.28. The retail-chain operator posted a fourth-quarter profit of $1.48 a share, beating the average analyst estimate of $1.32.

Galena Biopharma Inc. (GALE) slid 16 percent to $1.57. The developer of late-stage oncology drugs said it plans to sell stock to raise working capital and fund clinical trials.

Pandora Media Inc. (P) : The Internet radio pioneer is in a pact with Nissan Motor Co. (7201)(7201 JP) to allow for in-car streaming in the auto company’s 2013 Altima. Suzuki Motor Corp. (7269) (7269 JP) will also integrate Pandora into its vehicles.

Polycom Inc. (PLCM) dropped 16 percent to $10.47. The maker of videoconference systems forecast first-quarter earnings of 23 cents a share at most, missing the average analyst estimate of 30 cents a share.

PriceSmart Inc. (PSMT) : The owner of warehouse-shopping clubs reported second-quarter earnings were 67 cents a share, trailing analysts’ average estimate by 1 cent.

Ruby Tuesday Inc. (RT) slid 12 percent to $7.85. The casual-dining chain forecast same store sales may fall 4.5 percent in 2012.

Zumiez Inc. (ZUMZ) : The sports-apparel retailer said comparable store sales increased 14 percent in March, exceeding the average analyst estimate of 10 percent.

In Play

On the Wires 

Continuing claims 3.35mil

Source

“NEW YORK (AP) — Retailers are reporting warm weather and demand for new spring fashions helped push March sales up.

Target Corp, Macy’s, Limited Brands Inc., which owns Victoria’s Secret and Bath and Body Works, and outdoor sports retailer Zumiez reported better-than-expected sales for March.

Still, there were some patches of weakness as worry over high gas prices and unemployment kept some spending muted.

Teen retailers The Buckle and Wet Seal missed expectations. Costco Wholesale Corp.’s results also came in just shy of expectations as currency fluctuations hurt sales.

The figures are based on revenue at stores opened at least a year and are considered a key indicator of a retailer’s health. Economists closely watch consumer spending since it accounts for more than 70 percent of all economic activity.”

“Employers in the U.S. announced fewer job cuts in March than a year earlier, another sign of healing in the labor market.

Planned firings fell by 8.8 percent from March 2011 to a 10-month low of 37,880, according to figures released today by Chicago-based job placement firm Challenger, Gray & Christmas Inc. Job cuts at government and nonprofit agencies were down 86 percent last quarter compared with the same period in 2011, the report showed.

Dismissals are waning as employers become more optimistic about the economic outlook. At the same time, rising gasoline prices pose a risk to consumer spending, which accounts for about 70 percent of the world’s largest economy.

“Both consumer products and transportation saw fewer job cuts in March after experiencing heavy cuts in February,” John A. Challenger, chief executive officer of Challenger, Gray & Christmas, said in a statement. “These are key indicators of the economy’s health.”

Compared with February, announcements fell 27 percent. Because the figures aren’t adjusted for seasonal effects, economists prefer to focus on year-over-year changes rather than monthly numbers.

Telecommunications firms led all industries with 4,089 announced job cuts in March, with almost half coming from T- Mobile USA Inc., followed by 3,733 dismissals in education….”

Read more

“China’s (IFB1) stocks rose, driving the benchmark index to the biggest advance in almost two months, after the government said it will more than double the amount foreigners can invest in equities, bonds and bank deposits.

Citic Securities Co. jumped more than 5 percent, leading a rally for brokerages, after the China Securities Regulatory Commission increased quotas for qualified foreign institutional investors to $80 billion from $30 billion. Suning Appliance Co. and Kweichow Moutai Co. paced gains for consumer companies after Credit Agricole CIB said borrowing costs will be cut this month. Aluminum Corp. of China Ltd. added 3.7 percent after the 21st Century Business Herald said the parent company plans to boost investment in rare earth production in Guangxi province….”

Read more

Asia

Europe

Futures

Currencies

Commodities

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

DOW off 144

NASDAQ off 51

S&P off 15.7

GOLD of $51

WTI off $2.39

Source 

“12:00 pm : Stocks remain under steady pressure, which has kept the S&P 500 down more than 1% for the day. Although the broad market measure has been down by 1% or more on a few occasions in 2012, only once has pressure persisted into the close so that it actually logged a loss in excess of 1%. That tumble took place on March 6, when market participants opted to pare their positions amid revived concerns about global growth in response to a 0.3% decline in eurozone fourth quarter GDP following headlines earlier in the week that had stated China expects its pace of economic growth to slow to 7.5%.DJ30 -153.48 NASDAQ -53.05 SP500 -16.32 NASDAQ Adv/Vol/Dec 345/720 mln/2080 NYSE Adv/Vol/Dec 425/280 mln/2490

11:30 am : So far this year the Nasdaq has been a better performer than its counterparts. However, today it has struggled to limit losses in the face of selling like it has so many times before. As a result, the Nasdaq is grappling with deeper losses than either the Dow or the S&P 500.

The Nasdaq was propped up in the prior session by shares of Apple (AAPL 621.47, -7.85), which set a record high following positive analyst commentary, but the stock’s decline today proves that it isn’t completely immune to selling pressure. Other large-cap Tech stocks are also under pronounced pressure. DJ30 -163.02 NASDAQ -52.44 SP500 -16.82 NASDAQ Adv/Vol/Dec 325/585 mln/2055 NYSE Adv/Vol/Dec 405/230 mln/2485

11:00 am : Stocks have descended to new session lows. The slide has left the three major equity averages trading with losses well in excess of 1%.

Amid such steep, expansive losses, the Volatility Index is up a sharp 12%. That spike has the euphemistically labeled Fear Gauge at a three-week high above 17.

A mix of heightened volatility and weakness among stocks has helped bolster buying interest in the dollar, which now leads a basket of major foreign currencies by almost 0.5%. That move, along with a jump yesterday in response to a hawkish tone to FOMC commentary in the meeting minutes, has the dollar up more than 1% week to date. DJ30 -176.11 NASDAQ -56.10 SP500 -18.69 NASDAQ Adv/Vol/Dec 325/435 mln/2025 NYSE Adv/Vol/Dec 405/180 mln/2455

10:35 am : Crude oil futures prices were down about 1.2% roughly 10 minutes ago, but since the release of weekly inventory numbers prices have fallen deeper into negative territory so that contracts now price crude oil 1.9% lower at $102.05 per barrel. The inventory report showed a build of 9.0 million barrels, which contrasts with the consensus call for a build of 2.5 million barrels.

Nautral gas prices have overcome morning selling pressure to trade at $2.19 per MMBtu for a 0.3% gain. Earlier this week prices were near $2.07 per MMBtu for multi-year lows.

Precious metals have been under pressure all morning. Specifically, silver prices are down 5.4% to $31.47 per ounce, while gold contends with a 2.8% loss at $1625.30 per ounce. Earlier this morning gold prices slipped below $1620 per ounce to set its lowest level since January.

General weakness in the commodity complex has the CRB Index wrestling with a 1.2% loss. DJ30 -153.75 NASDAQ -44.48 SP500 -15.83 NASDAQ Adv/Vol/Dec 330/295 mln/1965 NYSE Adv/Vol/Dec 400/135 mln/2400

10:05 am : The ISM Services Index for March came in at 56.0, which is down from the prior month reading of 57.3 and slightly less than the reading of 56.7 that had been generally expected.

Stocks didn’t have much of an immediate reaction to the reading, but some subsequent selling now has the Nasdaq at a fractionally extended session low. Neither the Dow nor the S&P 500 have confirmed that move. DJ30 -111.38 NASDAQ -32.08 SP500 -11.82 NASDAQ Adv/Vol/Dec 270/125 mln/1920 NYSE Adv/Vol/Dec 330/75 mln/2380

09:45 am : Stocks are down markedly this morning, such that the broad market is below the depths set during the prior session. Weakness is widespread.

Of the 10 major sectors, only Telecom is trading in positive territory. Although its 0.1% gain seems unimpressive, the other sectors trade with losses that range from 1.1% to 0.2% — Financials and Consumer Staples, respectively.

With stocks decidedly out of favor safe havens like Treasuries and the dollar are attracting buying interest. Gains by the benchmark 10-year Note has its yield back below 2.25%, while the greenback has gained 0.4% against a basket of major foreign currencies.

As an aside, the latest ISM Services Index will be released at 10:00 AM ET. DJ30 -105.46 NASDAQ -28.21 SP500 -11.06 NASDAQ Adv/Vol/Dec NA/NA/NA NYSE Adv/Vol/Dec NA/NA/NA”

NYSE

New Highs 8 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Brown Forman A                BF/A        82.87                2,654 
Brown Forman B                BF/B        85.68               60,372 
Everest Re                    RE          94.40               14,351 
Lorillard Inc                 LO          134.03              81,216 
Medley Cap Sr. Notes 2019     MCQ         25.59                1,200 
NextEra Energy                NEE         62.17              154,699 
Rentech Nitrogen Ptrs LP.     RNF         28.31               21,019 
Taro Pharmaceutical Indus     TARO        40.70               19,532 

New Lows 38 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
ASA Gold & Prec Metals        ASA         24.80               23,367 
Advantage Oil & Gas           AAV         3.20                35,117 
Alpha Natural Res             ANR         14.37            2,718,797 
AngloGold Ashanti             AU          34.56              471,441 
AngloGold Ashanti Pfd A       AUpA        41.21                7,050 
Arch Coal                     ACI         10.10            1,640,952 
Barrick Gold                  ABX         41.93            1,978,313 
Bill Barrett                  BBG         24.70               54,435 
Cash Store Financial Svc      CSFS        5.55                 2,793 
Cellcom Israel                CEL         12.12               38,148 
Christopher & Banks           CBK         1.80                16,827 
Cloud Peak Engy               CLD         15.50               62,694 
EXCO Resources                XCO         6.32               525,470 
Enerplus                      ERF         21.38              687,286 
Fortuna Silver Mines          FSM         4.14               195,774 
France Telecom                FTE         14.22              812,672 
GFI Group                     GFIG        3.59                10,089 
GasLog Ltd                    GLOG        11.09              275,760 
GenOn Energy                  GEN         2.01               756,394 
Gold Field ADS                GFI         12.92            1,203,615 
Harmony Gold Mining           HMY         10.27              306,391 
IamGold                       IAG         12.53              381,538 
KT Crp ADS                    KT          13.53              140,134 
Kinross Gold                  KGC         9.32             1,833,499 
Millennial Media Inc          MM          19.80              452,725 
Natl Presto Indus             NPK         73.78                5,170 
Newmont Mining                NEM         48.56            2,685,814 
Patriot Coal                  PCX         5.87             1,515,736 
Penn Virginia                 PVA         4.21                89,725 
Promotora de Info ADS         PRIS        2.70                30,130 
RadioShack                    RSH         6.04             1,124,176 
Telefonica                    TEF         15.75              850,721 
Titanium Metals               TIE         13.19              210,599 
Transalta Corp                TAC         18.37               16,007 
Transportadora Gas            TGS         2.60                30,479 
Ultra Petroleum               UPL         21.15              401,275 
Vipshop Holdings ADS          VIPS        4.12                29,900 
World Wrestling               WWE         8.62                23,814

NASDAQ

New Highs 19 

COMPANY                       SYMBOL      HIGH                VOLUME 
-------                       ------      ----                ------ 
Allegiant Travel              ALGT        58.61               21,384 
Biogen Idec                   BIIB        130.00             275,160 
Celgene                       CELG        80.42              486,273 
Columbia Banking System       COLB        23.52               43,442 
Crimson Exploration           CXPO        4.32                97,590 
DDi                           DDIC        12.96            3,045,102 
FirstBank  (Michigan)         FBMI        8.91                 2,780 
Franklin Financial            FRNK        14.44               17,539 
G&K Services  (Cl A)          GKSR        38.65               38,436 
JB Hunt Transport             JBHT        55.80              105,635 
Inventure Foods               SNAK        5.11                 8,550 
Joe's Jeans                   JOEZ        1.47               368,272 
LPL Investment Holdings       LPLA        38.94               36,926 
Magal Security Systems        MAGS        6.20             2,229,089 
Old Sec Cap Tr I 7.8% pfd     OSBCP       5.69                   200 
Peapack Gladstone             PGC         14.22                1,343 
Quality Distribution          QLTY        14.61               35,460 
Repligen                      RGEN        6.45                47,719 
Starbucks                     SBUX        57.65            1,016,491 

New Lows 38 

COMPANY                       SYMBOL      LOW                 VOLUME 
-------                       ------      ----                ------ 
A123 Sys Inc                  AONE        0.82               757,029 
Analog Devices                ADI         38.56              176,444 
Apollo Grp  (Cl A)            APOL        36.83              667,026 
B Communications              BCOM        8.18                 4,364 
Cardiome Pharma               CRME        0.62               305,345 
ChinaNet Online Holdings      CNET        0.92                   500 
Cleveland BioLabs             CBLI        1.48               298,849 
Ctripcom Intl                 CTRP        20.70              360,795 
Deckers Outdoor               DECK        61.27              308,073 
EnerNOC                       ENOC        7.00                37,298 
First Solar                   FSLR        21.71            2,067,058 
GeoMet                        GMET        0.52                17,065 
Groupon Inc                   GRPN        14.61              825,380 
InterDigital                  IDCC        34.29              114,857 
Intrnt Gold-Golden Lines      IGLD        5.90                 5,100 
Jiayuan.com Intl ADS          DATE        5.02                11,814 
Keryx Biopharmaceuticals      KERX        1.38             2,632,862 
Lifeway Foods                 LWAY        8.74                 1,700 
NeurogesX                     NGSX        0.45                49,125 
Opexa Therapeutics            OPXA        0.63                20,031 
Peerless Manufacturing Co     PMFG        14.03                8,395 
Penson Worldwide              PNSN        0.55                40,974 
PwrShs Gbl Gld & Prec Mtl     PSAU        37.55                  986 
Primo Water                   PRMW        1.85                29,692 
Quantum Fuel Sys Techs        QTWW        0.63               122,288 
RealPage                      RP          18.07               82,555 
Rimage                        RIMG        9.95                 7,292 
SMF Energy                    FUEL        1.05                49,435 
Senomyx                       SNMX        2.59                 3,301 
Seven Arts Entertainment      SAPX        0.12               580,781 
Stereotaxis                   STXS        0.56                62,680 
Torm A/S                      TRMD        0.47                16,644 
Telestone Techs               TSTC        3.11                 4,410 
Trio Merger                   TRIO        7.70                   100 
US Auto Parts Ntwk            PRTS        3.26                 4,342 
Wacoal Hldgs Corp             WACLY       56.36                4,770 
WebMD Health                  WBMD        23.71              793,078 
YRC Worldwide                 YRCW        5.73                44,747

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