I want Congressional hearings.

Full article

HOPES OF a “Greek miracle” calmed investor nerves yesterday, and lifted the Irish index in line with its Continental counterparts.

Markets opened down, but they steadied after German chancellor Angela Merkel retreated from demands that bondholders should shoulder a substantial part of the cost of a Greek rescue.

Expectations of a “Greek miracle” grew after the chancellor’s meeting with French president Nicolas Sarkozy, and sparked a rally across European markets, a Dublin broker said.

Dr Merkel confirmed she would work with the ECB to resolve the Mediterranean nation’s sovereign-debt crisis. “We would like to have a participation of private creditors on a voluntary basis,” Dr Merkel told reporters in Berlin yesterday. “This should be worked out jointly with the ECB. There shouldn’t be any dispute with the ECB on this.”

Mr Sarkozy said a “breakthrough” had been made on the Greek debt crisis, following his meeting with Dr Merkel.

Read the rest here.

Hardline.

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No. Ticker 1-month Return
1 SOXS 30.08
2 SSG 21.47
3 BXDC 19.96
4 TYP 19.86
5 SGG 18.58
6 FAZ 16.45
7 SQQQ 16.16
8 YANG 16.11
9 MWN 15.51
10 CVOL 13.92
11 SRTY 13.46
12 RETS 13.45
13 REW 13.03
14 BGZ 13.01
15 SPXU 12.97
16 TZA 12.88
17 QID 11.62
18 TVIX 11.57
19 SIJ 11.18
20 SKF 11.03
21 SDK 10.77
22 SCC 10.56
23 DPK 10.55
24 MZZ 10.33
25 EIO 10.31

——————–

No. Ticker 1-month Return
1 SOXL -26.53
2 USD -19.48
3 TYH -18.57
4 TQQQ -17.04
5 FAS -16.58
6 MWJ -15.54
7 TNA -15.08
8 TAN -14.81
9 ZSL -14.68
10 CZM -13.66
11 UPRO -13.30
12 DZK -13.29
13 BGU -13.27
14 WOOD -13.00
15 ROM -12.82
16 CQQQ -12.82
17 RETL -12.63
18 EPU -12.23
19 URA -12.12
20 UKK -11.88
21 PSI -11.88
22 QLD -11.44
23 BAL -11.32
24 SAA -11.16
25 IGN -11.08

This is a daily occurrence, due to FRAUD, not normal market action. Yet, no one seems to give a fuck.

No. Ticker % Change Industry
1 HRBN -51.15 Chinese Burritos
2 FSIN -22.26 Chinese Burritos
3 CPHI -20.00 Chinese Burritos
4 CISG -14.74 Chinese Burritos
5 LIWA -11.63 Chinese Burritos
6 CFSG -11.12 Chinese Burritos
7 YONG -10.77 Chinese Burritos
8 FENG -10.31 Chinese Burritos
9 CSR -10.28 Chinese Burritos
10 SHZ -9.96 Chinese Burritos
11 HOGS -9.32 Chinese Burritos
12 RENN -9.04 Chinese Burritos
13 DEER -8.74 Chinese Burritos
14 CGA -8.06 Chinese Burritos
15 CHGS -7.65 Chinese Burritos
16 JADE -7.60 Chinese Burritos
17 HOLI -7.42 Chinese Burritos
18 DANG -7.31 Chinese Burritos
19 CNTF -6.90 Chinese Burritos
20 SPU -6.72 Chinese Burritos
21 NEWN -6.58 Chinese Burritos
22 VIMC -6.47 Chinese Burritos
23 SPRD -6.45 Chinese Burritos
24 CHOP -6.15 Chinese Burritos
25 CCCL -6.08 Chinese Burritos

More Chinese fraud.

Full article

Now up 5% to $30.28. Don’t tell the equity investors of refiners.

The rumors are flying. No official announcement as of now.

Weakest since July of 2009.

The Dow is up 45, Nasdaq flat and the S&P is up 2.7

0.30%.

Ridiculous

Related: Greek 2 year yields nearing 30%.

Ticker MTW

SUG shareholders get $33.

Reports Q1 (Apr) earnings of $0.70 per share, $0.06 better than the Capital IQ Consensus Estimate of $0.64; revenues rose 11.0% year/year to $27.46 bln vs the $26.66 bln consensus; comps ex-fuel +4.6%. Co raises guidance for FY12, sees EPS of $1.85-1.95, up from $1.80-1.92 vs. $1.90 Capital IQ Consensus Estimate. Based on the current operating environment, the co expects to achieve results near the top end of this range. The increase reflects the strength of the co’s first quarter results and the higher estimated LIFO charge. The co now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year, up from 3-4% perviously. FIFO gross margin was 21.42% of sales for 1Q11. Excluding retail fuel operations, FIFO gross margin decreased 4 bps from the same period last year. Supermarket selling gross margin declined 7 bps without fuel from the same period last year.

Local 1-s and Macy’s have agreed to a 5 year deal.

Strike averted.

S&P futures are now up 1, erasing a 6 point deficit, as optimism over a Greek bailout increases.

5 year Greek CDS 1,900 bps.

Additionally, both Irish and Portuguese CDS are above 800 bps.

NOTE: Spanish CDS about 310 bps and Italian are trading a tad under 200 bps

Shares valued at $2bill

Full article

Down 13% over the past month.

Full article