September 2011 Blog Posts (66)

Stock futures haven't really had much of a reaction to the latest dose of data, mostly because there weren't any dramatic surprises to the numbers. Personal income for August declined by 0.1%, which contrasts with the consensus call for a 0.1% increase. The unexpected slip comes after income had increased by 0.3% in the prior month. However, personal spending increased by 0.2%, as had been broadly expected. Still, the pickup wasn't as strong as the 0.8% jump…

The major equity averages were up with big gains before broad selling pressure cut down stocks in afternoon action. A late bounce made for a better looking finish, though.

Stocks ended the prior session in weak fashion, but buyers came rushing back in this morning. Their interest was stirred by news that Germany gave its support to the expansion of the European Financial Stability Facility, which is aimed at…

StockMarketFunding New Stock Market Education Videos

Amazon's "Fire" vs Apple's "iPad" Pro's & Cons Business & Stock Review - 9/28/2011

Google…

 Futures recovering a portion of late-day pullback; little new news with regard to Europe

While the U.S. market finished with a +1.1% gain yesterday, a late-day pullback left the market more than 1.5% off of its intraday highs. This morning, futures are recovering a portion of that late-day pullback (S&P futures +8, DJ futures +72), as European markets have strengthened over the course of their day. However,…

Trader on the BBC says Eurozone Market will crash

[7:03:27 AM] MMT FLAGG: http://www.youtube.com/watch?v=aC19fEqR5bA&feature=player_detailpage
[7:04:21 AM] MMT FLAGG: http://www.youtube.com/watch?v=lqN3amj6AcE&feature=player_detailpage

 Stocks Slip, but Still Score Third Straight Gain

The Dow ended the day with a gain of almost 150 points, but that is actually only half of what it had sported just a couple of hours prior to the close... Stocks got a nice pop at the open as market participants took their cues from Europe, where the major bourses bounced to gains that ranged from 4% to almost 6% amid hope that plans are being crafted to help restore…

S&P Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 Indices: S&P SmallCap 600 constituent Home Properties (HME) will replace BJ's Wholesale Club (BJ) in the S&P MidCap 400, and Resources Connection (RECN) will replace Home Properties in the S&P SmallCap 600 index after the close of trading on Friday, September 30. BJ's Wholesale Club is being acquired by Leonard Green & Partners L.P. and CVC Capital…

 Facebook partners with Heroku - FBR Capital (117.38 -2.92)

FBR Capital notes facebook has partnered with CRM (specifically its Heroku platform) to offer facebook developers the ability to quickly launch applications via Heroku's cloud platform. This is a big endorsement as Heroku is the first such partner selected by facebook to provide its developers with a platform to host their applications. They believe this…

 Commodities Fall Sharply, Led by Silver and Gold; Silver Declines 25%, Gold Falls Over 9% -Update-

Broad market weakness persisted this week with the S&P falling almost 7% and the CRB Commodity Index losing about 8%. The dollar index gained around 1.6%. Overall, commodities hit a 10-month low this week.

During the week, biggest move in the dollar index by far…

Biggest point gainers: ISRG (377.89 +9.33), WPO (321.95 +8.95), CEO (152.73 +7.41), VFC (125.07 +6.30), ALX (362.00 +5.81), SNP (94.18 +5.41), MSTR (113.40 +5.20), SINA (86.91 +5.09), NKE (88.91 +4.73), PCP (161.50 +4.41), WTM (398.16 +4.14), PTR (116.53 +4.04), BH (292.17 +3.88), MA (334.83 +3.87), ADES (17.35 +3.85), ATRI (192.93 +3.81), CHA (63.63 +3.33), DECK (97.89 +3.29), YOKU (17.24 +2.93), APAG.F (73.06 +2.92), FOSL (93.54 +2.88), STRA (79.05 +2.87), CLX…