Showing posts with label Doing. Show all posts
Showing posts with label Doing. Show all posts

Saturday, February 11, 2012

Stocks Not Doing Anything, While Netflix Set A 52-Week Low (MOS, JNPR, WDC, NFLX, FSLR, JWN)

Stocks are modestly as the world awaits the EFSF vote from Slovakia.

Dow down 6 pts.

S&P 500 up 2 pts.

Nasdaq up 17 pts.

Netflix hit a 52-week low.  Citi cut earnings estimates on subscriber attrition.

Other losers on the S&P 500 include Nordstrom and First Solar, off 3.4% and 2.9%, respectively. The sell off in Nordstrom stock is likely profit-taking as the retailer is near its 52-week high of $52.15. First Solar shares have come under increasing pressure thanks to the collapse of Solyndra. The solar wafer producer set a new 52-week low this morning and is down 67% from the year's highs.

Leading on the plus side are Western Digital, Mosaic Companies, and Juniper Networks, trading up 5.2%, 5.0% and 3.8%, respectively. Bristol Myers Squibb, Ross Stores, and Cephalon are showing more modest gains, but their stocks are setting 52-week highs.

Commodities declined slightly on the COMEX, with gold December futures at $1,666 a troy ounce, off just $4.40. Copper saw the greatest, if still modest, fall among precious metals. December deliverables of the commodity are trading down seven cents, or 1.9%, to $3.30 per pound.

Click here to see what got the day going >


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Saturday, October 1, 2011

Markets Doing Nothing After Crazy Day On Wall Street

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After a wildly volatile day in New York, it's quiet once again.

Futures not really doing anything. Asia quiet.

The Nikkei is up just modestly.

chart

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There's Only One Currency That's Still Doing Better Than The Dollar

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With everything getting smashed today, the dollar is on a complete tear against everything.

The commodity currencies (Aussie, Canadian dollar) are getting hit. Gold is getting hiw. The SWISS FRANC is getting hit.

The one currency that keeps chugging away to new highs?

The Japanese yen, the country that the US is currently trying to model itself after.

Here's a look at the dollar vs. the yen going back a little bit. You can see the dollar keeps grinding lower against it.

chart

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Thursday, September 22, 2011

How The French And German Economies Are Doing Compared To The Periphery

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Good chart in the latest Markit Eurozone PMI report.

As you can see, the scene on the periphery is pretty ugly, but the situation for France and Germany, growth-wise, is hardly better.

Nominally things aren't quite as bad, but the direction is exactly the same. Down.

chart

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And Here's How Gold Is Doing In The Panic

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Everything's selling off hard this morning: Equities, peripheral debt, French banks, and... even gold.

For the umpteenth time, getting no love in the panic.

Ready to break below $1760.

chart

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Saturday, September 17, 2011

Now 62% Of Americans Think Obama Is Doing A Lousy Job On The Economy--And They Hate His Jobs Plan

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President Obama was dealt a horrible hand when he stepped into office in the middle of the worst recession since the Great Depression.

But when next year's election rolls around, there's no question who will be held responsible.

And the latest poll numbers from Bloomberg aren't looking good for the President.

President Obama's "job approval" rating is now down to 45%--a record low53% of "independents" disapprove of his performance62% of Americans disapprove of his handling of the economyOnly 36% of Americans approve of Obama's job-creation effortsOnly 30% approve of his response to the budget deficitOnly 39% approve of his approach to healthcareOnly 40% of Americans think Obama's new jobs package will work56% of "independents" think the jobs package will not work46% of "independents" say they definitely won't vote for ObamaOnly 21% say they will definitely vote for him (In 2008, Obama got 52% of the independent vote)

Since World War 2, no incumbent American president has won re-election with the unemployment rate above 7.2%. It's now 9.1%.

See more at Bloomberg >

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Wednesday, August 31, 2011

Here's Groupon CEO Andrew Mason Doing Yoga. In His Underwear. In Front Of A Christmas Tree. (GRPN)

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It's really great that we live in a world where a quirky, funny guy like Andrew Mason can also be CEO of a huge soon-to-be-public company, and we want to keep living in such a world for a very, very long time. 

Still, it's amusing to go through some of his old YouTube videos from back before Groupon was a world-engulfing phenomenon. Thus, this:

Don't Miss: The Truth About Groupon ?

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