eBay Announces Free Listing of Up To 50 Items
American Express Reports Write Off Rate of 3.8%
American Express reports Feb U.S. card metrics (43.29 -0.61)
Co reports Feb U.S. Managed Net write-off rate of 3.8% vs 3.8% in Jan. Co reports Feb loans 30 days past due was 2.0% vs 2.1% in Jan
Comments »Quick Headlines In Tech, Media, and Business
MSFT Internet Explorer 9,
MSFT kills the ZUNE
iPad 2 ships in 4-5 weeks
Google Refreshes Street View Application
More consumers getting news from IBC and or online outlets
Comments »Despite Speculation Mexico and The U.S. Strengthen Their Bond
The Drug war seems to have brought the two countries closer.
Full Press conference remarks form March 3rd
Comments »U.S. Bond Purchases Fall for a Third Consecutive Month
China has continued to reduce its purchase of U.S. treasuries. With Japan under such distress how will future auctions go ?
Comments »Worries Develop Over Radiation Entering the Food chain
Keep an eye on the radiation levels and which way the winds blow; at risk are cow’s milk, fish, and live stock in general…
Comments »Raw Commodities Are Getting Hammered
Stocks are not the only asset class getting poleaxed, so are raw commodities.
Uranium -15%
Biofuels -9%
Palladium -7%
Tin -6%
Sugar -6%
Gasoline -5%
Cotton -4%
Coffee -3%
Data provided by The PPT
Comments »Confidence in U.S. Government Just Hit Jimmy Carter Days
Sectors Outperforming The S&P This Morning
Sectors outperforming the S&P as the indices extend the morning rebound include: Silver SLV, Steel SLX, Materials XLB, Ag/Chem MOO, Networking IGN, Housing XHB, Retail XRT, Casino BJK
Minor new rebound highs for Dow -220 and S&P -25 — Nasdaq Comp -59 has not yet confirmed the new high -Update
initial intraday resistance noted earlier for the S&P is in the 1271/1275 area.
Comments »Is Deflation Stronger Than Most Think ?
Oil is getting hammered like the rest of the market. The dollar is being bot, but there is no real significant spike. Also oil seems to be ignoring what is transpiring in the Gulf….
Comments »Economists Are Not Aligned on the Feds Next move
General consensus was to see a exit strategy moving towards June. Now in light of Japan the second largest purchaser of treasuries economists are divided on the Feds next move….
Comments »What Stocks Are In Play This Morning ?
Home Builder Sentiment: Prior 16 / Market Expects 16 / Actual 17
Bahrain Announces State of Emergency As More Foreign Troops Enter the Country
The King has ordered military to protect citizens and the country as soldiers have been shot with reports of other deaths. Apparently reports of violent opposition has taken place upon peaceful protests. Some are calling this an act of war…
Comments »Panic Selling Rules Opening Trade, But The S&P 500 Finds Temporary Support at the 100 Day MA
People are raising cash and the put call ratio is showing serious concern for risk protection….
Comments »Best Performing Stocks This Morning
The following stocks are outperforming, despite today’s carnage.
BWEN +20%
CBLI +12%
CCRT +12%
IPXL +8%
OSIR +7%
WSM +5%
PESI +15%
Top Performing ETF’s at the Open
Here are the top performing ETF’s, as of 9:50 am.
BXDD +23%
DPK +16%
EWV +14.8%
SOXS +10.5%
EFU +10%
BXDC +10%
ZSL +9.5%
Confusion in G-8 Over a No Fly Zone in Libya
Russia & Germany seem to be opposing such measures pushed by France & The U.K…..
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