oh and IMO Boycott MON
[youtube:http://www.youtube.com/watch?v=ehlUKkw69Dg 450 300] Comments »After a 110 Billion Euro Bailout Greek Bonds Yield 13% For 10 Year and 18% for 2 Year Notes
World Bank: Food Prices Have Entered the Danger Zone
Silver…WOW
When you own shiny metals you can climb the wall of worry in this market….
Courtesy of Business Insider
G20 Controls 85% of the World’s Economy and They Intend to Address Imbalances
Kirk Kerkorian Steps Down from MGM
Congress Passes The $38 Billion Budget Bill; Correction $353 Million
China CPI Come in Hot
+5.4% versus 4.9%
Comments »John McCain Dodges the War Powers Act: Libya Language ‘Nailed Down’
Sen. John McCain (R-Ariz.) said Thursday evening that he and a group of negotiators have “nailed down” language on a Libya resolution and are waiting for instructions from leadership on how to proceed.
The measure would serve as a symbolic gesture of support for President Barack Obama’s use of military force in the North African country. Under the War Powers Act, Congress must authorize continued military presence in Libya after a May deadline if American troops are still active there, but it’s unclear if the Senate needs to act.
Read the rest here.
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Government Funded Abortions are Alive and Well
Senate rejects measure to defund Planned Parenthood; vote 42-58
Comments »Flash: Joe Battipaglia Has Passed
Always fun to watch. My condolences to his family.
[youtube:http://www.youtube.com/watch?v=L5HCNYqICwc 616 500] Comments »Today’s Winners and Losers
No. Ticker % Change
1 ZIP 55.33
2 NEP 32.00
3 ACOR 26.89
4 CHINA 24.27
5 NYNY 20.91
6 BAA 18.78
7 RPRX 18.28
8 YRCW 17.06
9 SVU 16.85
10 SCOK 16.04
11 OTIV 15.65
12 LLEN 15.40
13 CEU 14.96
14 CIGX 14.42
15 COOL 14.41
16 QIHU 13.10
17 COIN 13.04
18 CBMX 12.70
19 MOBI 12.38
20 YOKU 12.11
21 CFSG 11.86
22 AXU 11.41
23 LIWA 11.34
24 MGH 11.02
25 ONSM 10.74
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No. Ticker % Change
1 XPRT -27.78
2 FFHL -21.05
3 ONAV -16.85
4 ENG -12.22
5 KFS -10.69
6 RXII -9.38
7 PAAS -9.13
8 INUV -9.02
9 PARD -8.54
10 CBR -8.30
11 PERF -8.28
12 SUF -8.18
13 SRZ -8.06
14 UFPI -8.03
15 CDE -7.97
16 DLB -7.56
17 ZSL -7.41
18 LEE -7.32
19 HSWI -7.25
20 BIOF -7.23
21 TIV -7.07
22 TVL -6.86
23 OSBC -6.72
24 CLSN -6.72
25 TXCC -6.69
The Port of Misrata Has Been Closed
Pro Gadhaffi forces have shelled it beyond recognition, Stalingrad style. Rebels have closed it, as a result.
No word on what those fancy NATO warplanes are doing to stop the shelling.
Comments »ALERT: Take Over Rumors Swirl Around Iron Mountain $IRM
IRM made some executive changes today and the July call options have seen a lot of activity. Bloomberg keeps reporting that this change in management has signaled a new opportunity for IRM…..
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