MarketWatch.com - Pre-Market Indications

Monday, February 28, 2011

NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Monday, Feb 28, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Friday's Close Current Price Pct Change Current NYSE ARCA Vol
CPF $34.90 $25.50 (26.9%) 6,100
MRX $25.81 $30.51 18.2% 27,238
NHP $38.96 $45.55 16.9% 104
WLB- $51.90 $43.20 (16.8%) 1,800


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $137580529 $132.96 0.5% | C 1,825,672 $4.73 0.7%
AAPL $18,345,862 $351.74 1.0% | SPY 1,036,882 $132.96 0.5%
IWM $13,984,801 $82.86 0.8% | BAC 330,302 $14.27 0.5%
C $8,610,791 $4.73 0.7% | EEM 187,445 $45.78 0.6%
AMZN $8,594,170 $174.58 ( 1.5%) | NBG 181,000 $1.89 ( 2.6%)
EEM $8,555,446 $45.78 0.6% | IWM 168,827 $82.86 0.8%
QQQQ $5,681,890 $57.92 0.5% | JKS 118,896 $32.88 14.0%
HBC $5,136,752 $54.71 ( 4.5%) | LYG 113,600 $4.06 0.2%
BHP $5,107,130 $94.95 1.1% | STD 99,886 $12.44 1.4%
BAC $4,701,281 $14.27 0.5% | QQQQ 98,325 $57.92 0.5%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Friday, February 25, 2011

NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Friday, Feb 25, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Thursday's Close Current Price Pct Change Current NYSE ARCA Vol
UPRO $229.42 $77.61 (66.2%) 8,384
POT $173.78 $58.80 (66.2%) 41,013
URTY $168.83 $85.56 (49.3%) 4,005
TQQQ $166.29 $84.40 (49.2%) 10,340
PLX $9.36 $6.25 (33.2%) 217,696
NTRI $20.21 $14.81 (26.7%) 22,044
MDAS $21.33 $16.11 (24.5%) 181,020
UMDD $176.03 $133.54 (24.1%) 87
OVTI $23.86 $28.15 18.0% 56,507


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $77,807,268 $131.55 0.5% | C 3,580,366 $4.68 0.1%
C $16,734,953 $4.68 0.1% | SPY 591,367 $131.55 0.5%
IWM $15,485,775 $80.72 0.5% | BAC 391,240 $14.11 1.0%
AAPL $11,831,777 $345.01 0.7% | PLX 217,696 $6.25 (33.2%)
QQQQ $9,131,391 $57.15 0.6% | IWM 191,821 $80.72 0.5%
MDY $7,390,777 $172.60 0.5% | MDAS 181,020 $16.11 (24.5%)
GLD $6,450,001 $137.29 0.6% | SDS 178,790 $21.60 ( 1.0%)
CRM $5,704,007 $147.06 9.6% | QQQQ 159,796 $57.15 0.6%
BAC $5,523,680 $14.11 1.0% | SLV 159,171 $32.00 2.6%
SLV $5,087,137 $32.00 2.6% | NOK 145,686 $8.68 0.5%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Thursday, February 24, 2011

Indications: U.S. stock futures drop as oil tops $100

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Kate Gibson and Simon Kennedy, MarketWatch

NEW YORK (MarketWatch) â€" U.S. stock futures pointed Thursday to further declines on Wall Street as oil prices remained above $100 a barrel on worries about supply disruptions in Libya, while investors also reacted to a quarterly update from General Motors Co.

Stock-index futures pared their losses after economic data had the government’s count of Americans filing initial claims for jobless benefits declining by 22,000 to 391,000 last week.

Separate data had orders for durable goods rising 2.7% in January.

Futures /quotes/comstock/21b!f:dj\h11 (DJH11 12,025, -69.00, -0.57%) on the Dow Jones Industrial Average were down points at 12,085, while Standard & Poor’s 500 futures /quotes/comstock/21m!f:sp\h11 (SPH11 1,303, -2.60, -0.20%)  had dropped 2.8 points to 1,302.7. Nasdaq 100 futures /quotes/comstock/21m!f:nd\h11 (NDH11 2,306, +2.00, +0.09%)  were off 1 point at 2,302.5.

Oil spikes to $100 a barrel

Crude prices are propelled by upheaval in Libya and disruptions to its crude supplies. Nymex futures rose to $100 a barrel, the contract's highest price since 2008.

On Wednesday, U.S. stocks fell sharply for a second straight session as turmoil in the Middle East and North Africa continued and after Hewlett-Packard Co. /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 42.56, -1.03, -2.36%)  offered a weaker-than-expected forecast. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,056, -49.92, -0.41%)  closed down 107 points after posting a triple-digit decline Tuesday.

Oil futures continued to soar on worries that Libyan exports are steadily falling and could be completely halted in the coming days. See Futures Movers for more on oil prices.

Crude for April delivery /quotes/comstock/21n!f:cl\j11 (CLJ11 97.21, -0.89, -0.91%)  rose $2.18 to $100.28 a barrel in electronic trading on Globex, having earlier hit an intraday high of $103.41 a barrel.

“Up until now, the reaction to the situation in the Middle East has been broadly positive, with markets shrugging off news of violent protests in the hope that regime changes will be beneficial to the countries involved,” said Will Hedden, a trader at IG Index.

“The scale of the Libyan conflict, however, and worries that unrest could spread to the oil-producing giant of Saudi Arabia have now hit home,” he added in an email.

Thursday’s economic calendar also includes a report on new-home sales for January at 10 a.m. Eastern. See economic calendar.

Among stocks in focus Thursday, shares of Priceline.com Inc. /quotes/comstock/15*!pcln/quotes/nls/pcln (PCLN 463.33, +37.34, +8.77%)  jumped in premarket trading after the company forecast first-quarter earnings above Wall Street’s previous expectations.

General Motors Corp. ended its seven-year losing streak, reporting an annual profit after earning $400 million in the fourth quarter. See full story on GM’s results.

Newmont Mining Corp. /quotes/comstock/13*!nem/quotes/nls/nem (NEM 55.10, -4.01, -6.78%)  was another premarket advancer, climbing after it reported fourth-quarter results.

The turmoil in Libya also continued to weigh on international markets Thursday. The U.K.’s FTSE 100 index /quotes/comstock/23i!i:ukx (UK:UKX 5,920, -3.55, -0.06%)  dropped 0.5% in midday trading, and Japan’s Nikkei 225 Average closed down 1.2%.

Kate Gibson is a reporter for MarketWatch, based in New York. Simon Kennedy is the City correspondent for MarketWatch in London.

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NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Thursday, Feb 24, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Wednesday's Close Current Price Pct Change Current NYSE ARCA Vol
CRFN $2.10 $3.95 88.0% 7,500
SLXP $41.45 $31.38 (24.3%) 134,164
ROYL $3.59 $4.46 24.2% 107,500
GBR $5.95 $6.85 15.1% 1,744


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $220424637 $130.47 ( 0.4%) | SPY 1,691,084 $130.47 ( 0.4%)
USO $33,851,282 $40.73 2.4% | C 1,239,270 $4.67 ( 0.7%)
QQQQ $32,919,146 $56.37 ( 0.3%) | USO 827,298 $40.73 2.4%
IWM $17,152,374 $79.57 ( 0.3%) | QQQQ 584,335 $56.37 ( 0.3%)
PCLN $15,045,613 $451.31 6.2% | F 341,435 $14.80 ( 0.5%)
BP $10,631,163 $48.05 1.0% | BAC 307,816 $14.07 ( 0.7%)
GM $10,241,682 $34.80 0.6% | GM 294,651 $34.80 0.6%
AAPL $8,410,250 $342.70 ( 0.0%) | NOK 291,655 $8.69 1.4%
GLD $7,414,045 $138.27 0.6% | SDS 266,865 $21.97 0.9%
BHP $7,272,419 $92.43 0.1% | UNG 254,812 $5.19 ( 1.3%)


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Wednesday, February 23, 2011

Indications: U.S. stock futures rise after steep selloff

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Kate Gibson and Polya Lesova, MarketWatch

NEW YORK (MarketWatch) â€" U.S. stock futures rose Wednesday as Wall Street eyed a rebound from the market’s sharpest decline in three months as well as ongoing unrest in oil-rich Libya.

Futures on the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 12,103, -80.00, -0.66%)  gained 21 points to 12,204, and futures on the Standard & Poor’s 500 index /quotes/comstock/21m!f:sp\h11 (SPH11 1,305, -9.90, -0.75%)  advanced 1.6 points to 1,316.

Nasdaq 100 futures /quotes/comstock/21m!f:nd\h11 (NDH11 2,305, -16.75, -0.72%)  climbed 7 points to 2,328.75.

Oil won't derail stocks

Companies have gotten more accustomed to oil volatility, according to David Ranson at Wainwright Economics. But stock investors have other worries. Laura Mandaro reports.

On Tuesday, the blue-chip Dow index /quotes/comstock/10w!i:dji/delayed (DJIA 12,128, -84.88, -0.70%)  tumbled 178.46 points, or 1.4%, its biggest drop since Nov. 16, as unrest in Libya and other countries in North Africa and the Mideast spooked investors.

Oil prices soared on concerns that the turmoil in Libya would disrupt crude supplies from the North African nation.

“The current concerns about the situation in Libya should be as much about whether it eventually escalates further through the region,” Deutsche Bank strategists wrote in a note.

In premarket trading, shares of Hewlett-Packard Co. /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 43.55, -4.68, -9.71%)  slumped as much as 11% after the technology giant gave a disappointing forecast late Tuesday. Read more about H-P.

Shares of Garmin Ltd. /quotes/comstock/15*!grmn/quotes/nls/grmn (GRMN 32.30, +0.16, +0.50%)  fell 6% in premarket trade after the company reported a decline in fourth-quarter profit.

Apple Inc. /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 343.22, +4.61, +1.36%)  will also be in focus Wednesday, as the iPad and iPhone maker is scheduled to hold its annual shareholders’ meeting. Read more about what’s expected from Apple’s meeting.

In deal news, Enterprise Products Partners L.P. /quotes/comstock/13*!epd/quotes/nls/epd (EPD 42.64, -1.06, -2.43%)  said it has offered to acquire Duncan Energy Partners L.P. /quotes/comstock/13*!dep/quotes/nls/dep (DEP 39.95, +7.39, +22.70%) .

At 10 a.m. Eastern, data on existing-home sales for January will be released.

Most Asian stock markets finished lower Wednesday, with Japan’s Nikkei Stock average dropping 0.8%. Read more on Asia Markets.

European shares also declined, with the Stoxx Europe 600 index /quotes/comstock/22c!sxxp (ST:STOXX600 282.38, -3.00, -1.05%)  falling 0.2% in intraday trading. Read more on Europe Markets.

In the commodity markets, crude prices continued to rise. Brent crude gained $2.45 to $108.23 a barrel on the ICE Futures exchange. Crude oil for April delivery rose 80 cents to $96.22 a barrel in electronic trading on Globex.

Gold futures gained $3 to $1,404.10 an ounce.

Kate Gibson is a reporter for MarketWatch, based in New York. Polya Lesova is chief of MarketWatch’s London bureau.

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Public Debt is Like a Giant Ponzi Scheme

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

Public debt has become a problem worldwide. What is becoming more and more evident is that it is unsustainable and simply unpayable. It could be compared to a giant Ponzi scheme. We see no meaningful debt reductions thus, government will have to raise taxes, which will further suppress the economy, or people and companies will be forced to buy such bonds, or perhaps pension and retirement funds will be seized to continue the game for a while longer.

The whole concept of government debt in the US, whether it’s federal, state, municipal, corporate or personal stands on very shaky ground. Debt is serviced with revenues and income and when both are falling it is difficult to service. We have begun to enter a period of slowly rising interest rates. In the US the Fed has managed interest rates to be as low as possible to both aid in a recovery and to keep the financial edifice from collapsing. Over the past six months the bench mark 10-year Treasury note yield has risen from a yield of 2.20% to 2.74% and presently stands at about 3.60%. That 1.4% rise in rates has been offset by GDP growth of 3%. The problem is that such GDP growth has been maintained by growth in debt. The two sources of debt are the Fed and government. The Fed has been buying the government debt by creating money out of thin air. That is called monetization and it causes inflation. The government demand comes from revenues that have fallen and continue to fall, and as a result government issues more debt. The lenders, the bond buyers, sell dilution in the value of debt and in the dollar and as a result demand a higher yield. At this stage you can see how important QE1 and 2 and fiscal stimulus have been over the past 2-1/2 years. Had they not been implemented the economic and financial system would have collapsed. The next question to be asked is will we have to have quantitative easing and stimulus indefinitely? The answer is yes, but unfortunately if that path is followed lenders will demand ever-higher interest rates and the dollar will continue to fall in value versus gold and silver and other currencies. We estimate GDP growth to be 2% to 2-1/4% in 2010, down from 3%, all of which were aided by quantitative easing, the creation of money and credit and fiscal stimulus the result of debt. Without these props there would have been little or no growth, and fairly quickly the economy would have faltered. That would have br ought about a classical purge accompanied by a deflationary depression. There will soon come a time the creation of money and credit and fiscal stimulus will no longer work and the system will finally fail. That is inevitable. That will begin to happen when interest rates are rising faster than growth rates. Once that condition exists there is no further hope of servicing debt or creating more debt, because there will be no natural buyers and inflation will be raging if not hyperinflation. The US is not the only country staring into this abyss; most countries around the world have the same problem.

As you probably have already figured out such fiscal and monetary policies of many countries cannot continue. The issuance of new debt has to be curtailed, as well as the growth of future liabilities. On its present course the US is headed toward a deficit in excess of 100% of GDP in just 1-1/2 years.

These countries have experienced and most still do, profligate government spending, little fiscal restraint and outright criminal behavior. Such action in time cause markets to put pressure on governments to mend their ways. That is where the higher yields come into play and as we pointed out we are already witnessing that. In 1 to 1-1/2 years the cost of carrying debt will begin to reduce GDP, because government debt demands will crowd out private investment. Except for AAA corporations we have already seen that over the past two years, as lenders retain cash and generally refuse to lend to medium and small companies and individuals as well.

A product of these conditions is a perpetuation of unemployment, which we believe is 22.6% presently, for years into the future. In addition, we have had 20 years of free trade, globalization, offshoring and outsourcing that has lost America 8.5 million good paying jobs and the loss of 42,400 businesses. We have extended unemployment, but every month millions fall off leaving them on their own and food stamps. These transfer payments make up 20% of household income, which is also unsustainable. Our guess is that the current extended benefits will be extended further in spite of a projected $1.6 trillion deficit. Political types prefer an extension to revolution, but the cost is more debt, a falling dollar and rising gold and silver prices. In addition, an end to extended benefits will sap consumption that must be maintained at 70% of GDP in order to keep the economy from failure. Do not forget the US is not the only country with debt problems. In the same league are Greece , Ireland, Portugal, Belgium, Spain, Italy, England and above all Japan, which is more than 200% and growing exponentially. None of these countries are capable of growing out of their debt problems and thus, eventually we see a multilateral default of debt, which will probably entail a 2/3’s write off of debt. A jubilee of sorts.

If stabilization and growth have to be based on continued creation of money and credit and monetization then the system has to eventually collapse. It is no more a solution than extended unemployment benefits, federal government spending and hiring and food stamps. It throws the problems into the future at a terrible cost. In spite of this largess unemployment won’t improve and the monetary and fiscal effect on the economy will lesson. We call it the law of diminishing returns. Last year we saw 3% growth, or so we are officially told, and this year we believe it will be about 1% less at 2% to 2-1/4%. The effectiveness of the policy is losing momentum and strength. The next question is will a $1.7 trillion QE3 with $850 billion in additional fiscal spending be able to maintain 1% growth. Our answer is we do not think so. This fading monetary and fiscal policy will be accompanied by ever falling government revenues, unless ever more debt is created. Are you getting the fee ling that governments are running around in circles with no solution in sight? If you are you are correct. The only answer is to purge the system and the sooner the better. The longer the problems are extended and individuals will be faced with unemployment and under employment and that means borrowing and the use of credit cannot be extended and that means the economy cannot grow. Even if spending cuts and higher taxes were implemented the economic and financial affects would not be felt for 6 months to a year. Government has waited too long.

Projections for the future are very difficult if for no other reason than we do not know where interest rates will be. We assume they will be higher, but how much higher? We just do not know. We can tell you that in 1980 official inflation was 14-3/8% and the long bond yield was over 20%. Will that be repeated, we do not know, but we can say we could see something close to that. If we have hyperinflation we could see 30% inflation. Who knows â€" we won’t know until we approach getting there. Are we going to look like the German Weimar Republic of the early 1920s or today’s Zimbabwe? We don’t know but it is certainly possible and near the edge of probability.

What really gets our attention is that elitists that control all this really believe they can retain control. If they cannot they figure they will just have another major war, like they always have had. They know what we now. They know deficits are going to further rise precipitously, unless there are major policy changes, spending cuts and higher taxes. Even if the proper steps were taken we are probably looking at 30 or more years of depression. Debt cannot be kept within bounds, just look at what is going on today. The elitists have no intention of radically changing their ways. There will be more of the same until the system ceases to function.

We have written about rising interest rates in the whole spectrum of government and corporate bonds. The average has been 100% to 150%. Official rates have been raised in Brazil, India and China. In the US, bond buyers have already been pricing in yield increases, which they feel are necessary to offset inflation losses. Unfortunately for buyers they have not gotten nearly enough yield to compensate and are losing money on return and currency depreciation versus other currencies, but particularly versus gold and silver. In order to offset real losses, real yields will have to rise and they will. The first stop for the US 10-year note should be a move upward from 3.60% to 4% to 4.25%. That should happen this year. The next move in 2012 should be to 5% to 5.60% and the second move from 5.60% to about 7%. Mind you these are very conservative estimates. Any recovery in housing will be impossible with prices falling another 15% to 20%. Anyone with an ARM will be a dead duck. Th at means about a 60% plus failure rate. Bumping along the bottom could take 8 to 30 years and as we mentioned before government could end up with most of the housing eventually causing a process of nationalization.

These higher rates, which are inevitable, will raise havoc on the Federal budget and its debt service. Average maturities are 4.5 years â€" a very foolish move that began some 15 years ago. This means even if taxes are raised and the budget deficit cut, they will only serve as a damper on costs, which would lead to dollar depreciation and default. Worse yet, who will want to buy bonds and in particular US dollar denominated bonds as gold and silver are soaring and profits are falling along with the stock market? The Fed is buying and monetizing at least 80% of treasuries now. That means they will have to buy them all, including some from nations such as China, Japan and Middle Eastern owners. Long-term bond holders will be looking at 30% losses and the stock market 50% plus losses. The monetization process at this point will produce inflation from 14% to 40%, which could well be accompanied by hyperinflation. That hyperinflation could come quickly once inflation passes 14- 3/8%, which it officially hit in 1980. At that time 30-year T-bond rates were more than 20%. We do not know exactly what the numbers will be, but we do know they will be terrible. Some time along the way the US will be forced to default and then China will own a goodly part of the US. We also believe that a major world war will be in progress. Again as a diversion from the massive economic and financial problems plus revolutions worldwide, which could short circuit having another world war. We do not know how these events will roll out, but we do know they are probable.

Higher interest rates will cause major problems for banks, private equity funds and hedge funds. The cost of borrowing and using leverage will be prohibitive. Many banks and funds will go under. Defaults will abound and cash flow to bond holders will diminish making outflows greater than inflows. This process of losses will in part mirror what we saw in the early 1930s, not only in reduced value but also in the doubling of gold prices and the increase in gold and silver shares of more than 500%. This also will be accompanied by a complete collapse in living standards.

At this stage we depart from the crowd of economists. We think these conditions will persist for some time. Wall Street and banking will still exist but in an abbreviated form. The stars of Wall Street will be gold and silver shares free to trade freely without government manipulation. Tariffs on goods and services will be erected and money will start to flow to redevelop industry. Savings rates will rise and capital formation will take place. The illegal aliens will be forced to return to their homes and people will start to get on with their lives. The world will go on having been taught a good lesson.

 

Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves!

The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.

This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take inside the USA land, buildings, factories, perhaps even entire cities to satisfy the financial obligations of the US government.

Put simply, the feds have now actually mortgaged the physical land and property of all citizens and businesses in the United States. They have given to a foreign power, their Constitutional power to "take" all of our property, as actual collateral for continued Chinese funding of US deficit spending and the continued carrying of US national debt.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.

 

U.S. livestock prices may reach records in the next two quarters as farmers reduce herds while China imports the most pork since at least 1992 and the largest amount of beef in three years, according to Societe Generale. Lean-hog futures will climb to a record $1.10 a pound in the second quarter and live cattle prices will be at an all-time high of $1.30 a pound by the third quarter, Societe Generale SA said in a report. The bank correctly forecast higher grain prices in May. Chinese imports of pork will gain 5.7 percent in 2011 and beef purchases will advance 43 percent, U.S. Department of Agriculture estimates show.

World food prices rose 28 percent in the past year, reaching a record in January, according to the United Nations. Riots partly linked to food inflation ended Zine el Abidine Ben Ali’s 23-year rule in Tunisia and Hosni Mubarak’s three-decade- long rule in Egypt. Finance ministers from the Group of 20 nations last week signaled concern that surging commodity costs are driving inflationary pressures around the world.

“Meat will start to have an impact on the price index and start to put a pinch on the consumer’s pocketbook,” Jason Britt, president of Central States Commodities Inc., a brokerage in Kansas City, Missouri, said by phone on Feb. 17. Britt correctly forecast a rally in hog prices in 2008.

 

The unrest in Wisconsin this week over Governor Scott Walker’s plan to cut the bargaining rights and benefits of public workers is spreading to other states.

Already, protests erupted in Ohio this week, where another newly elected Republican governor, John Kasich, has been trying to take away collective bargaining rights from unions. In Tennessee, a law that would abolish collective bargaining rights for teachers passed a state Senate committee this week despite teachers’ loud objections. Indiana is weighing several proposals to weaken unions. Public workers in Pennsylvania, who are not facing an attack on their bargaining rights, said yesterday that they nonetheless planned to wear red next week to show solidarity with the workers in Wisconsin.

In many states, Republicans who came to power in the November elections, often by defeating union-backed Democrats, are taking aim not only at union wages, but at union powers as they face continuing budget gaps in the years ahead.

The images from Wisconsin with its volatile protests, the shutdown of some public services, and an exile by Democratic lawmakers, who fled the state to block a vote evoked the Middle East more than the Midwest.

The parallels raise the question: Is Wisconsin the Tunisia of collective bargaining rights?

 

A former juvenile court judge was convicted yesterday of racketeering in a case that accused him of sending youth offenders to for-profit detention centers in exchange for millions of dollars in illicit payments from the builder and owner of the lockups. Mark Ciavarella, 61, former Luzerne County judge, left the bench in disgrace two years ago after prosecutors charged him with engineering one of the biggest courtroom frauds in US history by using juvenile delinquents as pawns in a plot to get rich. Federal prosecutors accused Ciavarella and a second judge, Michael Conahan, of taking more than $2 million in bribes from the builder of the PA Child Care and Western PA Child Care detention centers and extorting hundreds of thousands of dollars from the facilities’ co-owner. Ciavarella insisted that the payments were legal and denied that he incarcerated youths for money.

A federal jury in Scranton returned a mixed verdict, convicting Ciavarella of 12 counts, including racketeering and conspiracy, and acquitting him of 27 counts, including extortion.

 The Republican-controlled U.S. House voted to cut at least $61 billion in federal spending this year, setting up a battle with Democrats over the budget that threatens a government shutdown.

After more than 90 hours of debate, the House decided 235-189 early today to send the measure to the Senate.

Members adopted a number of changes that will make it harder to reach agreement with the Senate, including a ban on funds for President Barack Obama’s health-care overhaul or for Planned Parenthood, which provides abortions. The measure would block regulations on greenhouse-gas emissions, for-profit colleges and the Federal Communications Commission’s “net neutrality” Internet rules.

Senate Democrats already said they won’t accept the steep cuts in the $1.2 trillion spending bill, and Obama’s budget office has threatened a veto. With Congress out of session next week lawmakers have little time to work out their differences. Current spending authority ends March 4, and without a new plan the government will shut down. House Speaker John Boehner, an Ohio Republican, said this week he won’t accept a short-term extension without some spending reductions. “Read my lips: We’re going to cut spending,” he told reporters.

 

Legislation being pushed by House Republicans could require many states to disclose larger shortfalls in their pension plans and force them to take more aggressive steps to get their finances in order.

The Public Employee Pension Transparency Act, introduced by Rep. Devin Nunes (R., Calif.) earlier this month, would compel states and municipalities to meet stringent standards for reporting on the finances of employee-pension funds, and would expressly ban any federal bailouts. Opponents view it as another congressional Republican swing at public-employee unions, which have come under fire as federal and state governments seek to tame budget deficits.

 

Citigroup Inc., the third-largest U.S. bank by assets, will split at least $11.9 million among four executives if the company meets profit thresholds set at less than half what the lender generated since 2009.

The executives, including Chief Operating Officer John Havens, 54, and Chief Financial Officer John Gerspach, 57, will get a percentage of cumulative pretax income at the New York- based bank’s Citicorp division if that figure exceeds $12 billion over the next two years, according to a filing. Citicorp reported $27.7 billion of cumulative pretax profit in 2009 and 2010, based on the definition in the new filing.

Based on one analyst forecast, the payday could be four times bigger. Oppenheimer & Co. analyst Chris Kotowski predicted in a Nov. 29 note that pretax income at Citicorp as defined by the bank will be around $49 billion in 2011 and 2012. At that level, the executives would share about $48 million, according to Bloomberg’s calculations.

“If this was set up where they only have to achieve half of what they achieved in the past two years, then that should be a lay-up,” said Gary Townsend, who manages about $2 million of Citigroup shares for Hill-Townsend Capital LLC in Chevy Chase, Maryland. “I expect that they will do much better in the coming two years than they have in the past two years.”

Citigroup is rebounding from a $45 billion government bailout in 2008, which came with government caps on pay. The funds have since been repaid. Citicorp contains the bank’s trading, investment banking and consumer banking units.

 

Bank of America Corp., the biggest U.S. lender by assets, almost doubled a goodwill impairment for its credit-card unit to $20.3 billion to reflect increased defaults and an almost 2-year-old change in rules.

The bank restated federal regulatory filings to record the writedown to its FIA Card Services unit in 2009’s first half, the firm said yesterday in a statement. The non-cash charge, which replaced a $10.4 billion impairment booked on the unit last year, doesn’t affect “the financial results, safety and soundness or the capital position” of the Charlotte, North Carolina-based parent company, said Robert Stickler, a spokesman.

The writedown shows the credit-card unit’s prospects may have deteriorated more than initially disclosed after the U.S. passed legislation, known as the Card Act, in May 2009 to curb fees and interest-rate increases. In November, the bank said some measures would cut annual revenue by $1 billion, undermining efforts by Chief Executive Officer Brian T. Moynihan, 51, to improve returns for investors. The firm yesterday said the act and “deteriorating credit quality” caused the revision.

Residential real-estate prices dropped in the 12 months to December by the most in a year, a sign the U.S. housing market is struggling even as the rest of the economy recovers.

The S&P/Case-Shiller index of home values in 20 cities fell 2.4 percent, the biggest year-over-year decrease since December 2009, the group said today in New York. The median forecast of economists surveyed by Bloomberg News projected a 2.3 percent decrease.

A predicted increase in foreclosures this year as banks resume seizures may depress home values further, prompting would-be buyers to hold off on purchases. Unemployment at 9 percent and declines in housing are among reasons the Federal Reserve has signaled it will proceed with its unconventional monetary stimulus.

“Home prices are still declining amid excess supply,” said Michelle Meyer, a senior economist at Bank of America Merrill Lynch Global Research in New York. “Although transactions have started to pickup, buyers are looking for very low prices. There is a backlog of distressed properties and it will flow into the market this year. We expect to see a gradual drop in prices.”

The housing crash may have been more severe than initial estimates have shown. The National Association of Realtors is examining the possibility that it over-counted U.S. home sales dating back as far as 2007.

The group reported that there were 4.9 million sales of previously owned homes in 2010, down 5.7% from 5.2 million in 2009. But CoreLogic, a real-estate analytics firm based in Santa Ana, Calif., counted just 3.3 million homes sales last year, a drop of 10.8% from 3.7 million in 2009. CoreLogic says NAR could have overstated home sales by as much as 20%.

While revisions wouldn't affect reported home-price numbers, they could show that the housing market faces a bigger overhang in inventory, given the weaker demand...

NAR said the data, which are used by economists, investors and the real-estate industry to gauge the health of the housing market, could be revised downward this summer.

 

The Consumer Confidence Index rose in February to its highest point in three years as Americans are feeling more optimistic about their income prospects and the direction the economy is headed.

The Conference Board says its Consumer Confidence Index climbed to 70.4 this month, up from a revised 64.8 in January, hitting its highest level since February 2008. It was the index's fifth consecutive monthly increase. The figure topped economists' expectations of a reading of 65, according to FactSet.

While confidence is rising, it is still well below the 90-plus readings that signal a stable economy. Confidence fell off a cliff after the U.S. housing bubble burst and the financial crisis took hold in 2007.

It fell below 90 in January 2008 and hit an all-time low of 25.3 a year later. While confidence and spending have been inching back up as business conditions improve, Americans are still feeling cautious, especially when it comes to the job market.

Unemployment fell 0.4 percent in January after dropping the same amount in December, but the rate remains at 9 percent, a historically high level. That may be one reason consumers' assessment of present-day business and employment conditions improved only moderately in February.

Those saying jobs are "plentiful" increased to 4.9 percent from 4.6 percent in January, while those stating that business conditions are "good" rose to 12.4 percent from 11.3 percent.

While this assessment of current business conditions "remains rather weak," the index is at a three-year high "due to growing optimism about the short-term future," says Lynn Franco, director of the Conference Board Consumer Research Center.

Consumers' short-term outlook has improved since January. The share of respondents who expected business conditions to improve over the next six months increased to 24.4 percent from 24.0 percent, while the number that expected business conditions to worsen declined.

 

Federal, state and local debt hits post-WWII levels But any similarity between 1946 and now ends there. The U.S. debt levels tumbled in the years after World War II, but today they are still climbing and even deep cuts in spending won't completely change that for several years.

The key factor in the rapid drop in government debt, said Harvard University economist Kenneth Rogoff, was fast economic growth. Spurred by a young labor force, world-leading manufacturers, high personal savings rates, a pent-up demand for consumer goods after years of war and the Depression, and a bout of inflation, the economy grew 57 percent in six years. Thanks to sharp postwar cuts in defense outlays, federal government spending also tumbled for a couple of years.

But today the U.S. economy is in a polar opposite condition. The labor force is aging, U.S. manufacturing often lags behind Asian and European rivals, households are in hock up to their eyeballs, and consumer appetite for goods is tepid. In addition, inflation is tame and government spending locked into entitlement programs and debt service that will be hard or impossible to alter.

 

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NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Wednesday, Feb 23, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Tuesday's Close Current Price Pct Change Current NYSE ARCA Vol
WLL $123.92 $62.84 (49.3%) 1,003
VRTX $38.22 $44.76 17.1% 102,316
BDCO $3.65 $4.23 15.9% 471


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $127287036 $132.20 0.3% | C 1,826,021 $4.72 0.9%
HPQ $78,312,053 $44.04 ( 8.7%) | HPQ 1,789,586 $44.04 ( 8.7%)
BHP $23,832,186 $92.51 0.5% | NOK 981,788 $8.74 ( 1.4%)
QQQQ $21,878,623 $57.25 0.4% | SPY 961,996 $132.20 0.3%
AAPL $18,471,250 $340.56 0.7% | APCVZ 810,181 $0.02 (80.5%)
IWM $13,004,698 $81.69 0.6% | QQQQ 381,991 $57.25 0.4%
C $8,616,430 $4.72 0.9% | BHP 256,991 $92.51 0.5%
NOK $8,577,277 $8.74 ( 1.4%) | ALU 223,000 $4.89 3.2%
BP $6,534,438 $47.37 0.7% | SATC 194,746 $4.16 (13.9%)
GLD $4,969,007 $136.98 0.5% | IWM 158,917 $81.69 0.6%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Tuesday, February 22, 2011

Indications: U.S. stock futures dip on Mideast violence

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Barbara Kollmeyer, MarketWatch

MADRID (MarketWatch) â€" U.S. stock futures fell Tuesday, with Wall Street returning to action on a day of unrest for global markets as violence increased in the major oil-producing state of Libya, with the session also marked by corporate results from Wal-Mart Stores and Home Depot.

Futures pared earlier losses, but they were still sharply lower. Futures for the Dow Jones Industrial Average fell 98 points, or 0.8%, to 12,277, while those for the S&P 500 index fell 17.3 points, or 1.3%, to 1,3252.20.

Gadhafi's rule appears in jeopardy

Libyan leader Col. Moammar Gadhafi's grip on power appears in increasing doubt.

Futures for the Nasdaq 100 fell 37 points, or 1.5%, to 2,358.

“We’ve been in an economic environment where everything has been based on the principle of low interest rates forever ... but when you have something like what’s going on in North Africa [and the Mideast], you are put immediately back into the frame of volatility, which will be increasing,” said Copenhagen-based Steen Jakobsen, chief investment officer for Limus Capital.

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“Let’s say [Libyan leader Col. Moammar] Gadhafi leaves tonight. Is that good or bad for oil prices?” he said.

Gadhafi has violently crushed protests in his country and reports said that the death toll is now up to 300 and that Gadhafi has hired mercenaries who have opened fire on civilians. Many from his own regime have also reportedly resigned, as global protests have intensified.

Oil and gold prices surged overnight and into European trading hours. Read more on oil rising as Gadhafi’s hold on Libya in doubt.

Shares of Italian oil giant Eni SpA /quotes/comstock/13*!e/quotes/nls/e (E 50.30, +0.19, +0.38%) , the country’s largest energy company based on market value, fell over 7% in preopen trading.

“Maybe the U.S. will see opportunities technically, but the fact of the matter is â€" underlying what goes on in the stock market â€" it’s now an increased uncertainty of path. It should get people to get more defensive going foward and expect higher volatility,” said Jakobsen.

U.S. markets were closed on Monday for the Presidents Day holiday.

The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,391, +73.11, +0.59%)  marked its highest close since June 5, 2008, on Friday, with multiyear closing highs for the Nasdaq 100 index /quotes/comstock/10y!i:comp (COMP 2,834, +2.37, +0.08%)  and S&P 500 /quotes/comstock/21z!i1:in\x (SPX 1,343, +2.58, +0.19%)  as well.

Economic data due for release include Case-Shiller home prices for February, expected at 9 a.m. Eastern time, and the Conference Board consumer-confidence survey for February, due at 10 a.m. Eastern.

As for companies in focus, Wal-Mart Stores Inc. /quotes/comstock/13*!wmt/quotes/nls/wmt (WMT 55.38, +0.63, +1.15%)  reported fourth-quarter profit rose to $6.06 billion, or $1.70 a share, topping analysts’ estimates. Sales fell short of forecasts, however, at $115.6 billion. The company also forecast first-quarter profit of 91 cents to 96 cents a share, and $4.35 to $4.50 for the full year.

Fellow blue chip Home Depot Inc. /quotes/comstock/13*!hd/quotes/nls/hd (HD 38.48, +0.30, +0.79%)  earned 36 cents a share in the fourth quarter, compared to 20 cents a share in the year-ago period.

Also among retailers, Office Depot Inc. /quotes/comstock/13*!odp/quotes/nls/odp (ODP 5.47, -0.15, -2.67%)  narrowed its fourth-quarter loss to $48.6 million, or 21 cents a share, on sales that fell 3% to $2.96 billion. The group said it would have earned $24 million, or 9 cents a share, excluding one-time charges. Earnings were also boosted by tax benefits, the company said.

Shares of Chesapeake Energy Corp. /quotes/comstock/13*!chk/quotes/nls/chk (CHK 30.43, -0.06, -0.20%)  rose 9.4% in pre-open trading, rallying after it announced late Monday that it will sell its shale assets to BHP Billiton Ltd. /quotes/comstock/22x!e:bhp (AU:BHP 46.58, +0.73, +1.59%)   /quotes/comstock/13*!bhp/quotes/nls/bhp (BHP 92.39, -1.54, -1.64%)  for $4.75 billion in cash.

Shares of Royal Caribbean Cruises Ltd. /quotes/comstock/13*!rcl/quotes/nls/rcl (RCL 47.16, -0.03, -0.06%)  fell 6.7%, with heavy fog in Galveston, Texas, affecting ship traffic in the area in recent days.

In mergers and acquisition news, independent petroleum refiner and marketer Holly Corp. /quotes/comstock/13*!hoc/quotes/nls/hoc (HOC 56.11, -4.41, -7.29%)  and refinery operator Frontier Oil Corp. /quotes/comstock/13*!fto/quotes/nls/fto (FTO 28.12, -0.82, -2.83%)  announced a merger of equals in an all-stock deal that will create a company with a combined value of $7 billion.

Dynegy Inc. /quotes/comstock/13*!dyn/quotes/nls/dyn (DYN 6.01, -0.04, -0.66%)  said Chief Executive Officer Bruce Williamson will resign and named David Biegler as interim CEO.

In Europe, markets tumbled with airlines and banks leading declines amid worries over the increasing Libyan violence and with it, rising oil prices. See Europe Markets.

In Asia, markets also suffered sharp losses, with a major earthquake in New Zealand and a move by Moody’s Investors Service to cut the outlook on Japan’s Aa2 rating to negative from stable in focus. See Asia Markets.

In commodities, crude oil for April delivery rose $6.32 to $96.03 a barrel, as oil producers moved to cut back on Libya output. Gold for April delivery also rose, gaining $9.50 to stand at $1,398.10 an ounce

The dollar pared some earlier gains. The dollar index /quotes/comstock/11j!i:dxy0 (DXY 77.74, +0.05, +0.06%) , which measures the U.S. unit against a basket of six major currencies, rose to 77.769 from 77.379 late Monday in Europe.

Barbara Kollmeyer is an editor for MarketWatch in Madrid.

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NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Tuesday, Feb 22, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Friday's Close Current Price Pct Change Current NYSE ARCA Vol
DCTH $11.28 $6.89 (38.9%) 70,866
SIGA $11.40 $13.75 20.6% 10,730
MENT $14.52 $17.16 18.2% 97,039


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $190140092 $133.16 ( 1.0%) | C 1,632,038 $4.85 ( 1.4%)
AAPL $42,569,765 $344.01 ( 1.9%) | SPY 1,429,437 $133.16 ( 1.0%)
QQQQ $27,877,673 $57.99 ( 1.3%) | ALU 838,968 $4.82 ( 3.6%)
USO $25,322,402 $38.97 7.2% | USO 651,370 $38.97 7.2%
IWM $24,272,923 $82.68 ( 0.8%) | NOK 510,481 $8.92 ( 3.0%)
BHP $17,463,784 $93.18 0.9% | QQQQ 481,026 $57.99 ( 1.3%)
EEM $11,947,982 $45.39 ( 2.0%) | UCO 394,457 $12.09 11.7%
SLV $11,594,782 $32.48 2.2% | BAC 376,313 $14.44 ( 2.1%)
GLD $11,054,929 $136.85 1.1% | SLV 358,879 $32.48 2.2%
BP $9,161,174 $47.47 ( 0.9%) | SDS 357,713 $21.11 2.1%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Saturday, February 19, 2011

Indications: U.S. stock futures edge up as G-20 gets under way

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Kate Gibson and Barbara Kollmeyer, MarketWatch

NEW YORK (MarketWatch) â€" U.S. stock futures tilted higher Friday as Federal Reserve Chairman Ben Bernanke defended the central bank’s $600 billion bond-buying program while central bankers and finance ministers gathered in Paris for a Group of 20 meeting.

Futures for the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 12,375, 0.00, 0.00%)  gained 8 points to 12,296, while those for the S&P 500 index /quotes/comstock/21m!f:sp\h11 (SPH11 1,342, +4.60, +0.34%)  climbed almost 1 point to 1,338.4.

Futures for the Nasdaq 100 index /quotes/comstock/21m!f:nd\h11 (NDH11 2,395, +1.50, +0.06%)  rose 2.5 points to 2,396.

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“As we have seen so often in recent sessions, this weakness still looks to be a buying opportunity for most â€" yesterday saw fresh-recovery highs set again by the [Dow] index,” said Ben Critchley, sales trader at IG Index. “With nothing major on the economic calendar today, we may see a quiet finish to another positive week.”

U.S. stocks added to multiyear highs Thursday in the wake of economic data and corporate results. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,391, +73.11, +0.59%)  closed up 29.27 points, or 0.24%, at 12,318.14, the highest close since June 2008. The S&P 500 index /quotes/comstock/21z!i1:in\x (SPX 1,343, +2.58, +0.19%)  marked its highest close since June 2008 as well.

On Friday, markets were cautious ahead of a long weekend. U.S. markets will be closed Monday for the Presidents Day holiday.

Increasing unrest in the Middle East was also making a few wary, with more violence likely in Bahrain’s capital Friday as protesters held funerals for several people killed in a crackdown on antigovernment demonstrations.

Among shares on the move, Brocade Communications Systems Inc. /quotes/comstock/15*!brcd/quotes/nls/brcd (BRCD 6.38, +0.36, +5.98%)  jumped in premarket trade. After the closing bell Thursday, Brocade reported adjusted first-quarter profit that was ahead of Wall Street forecasts.

Shares of Ford Motor Co. /quotes/comstock/13*!f/quotes/nls/f (F 15.77, -0.20, -1.25%)  could be in focus after the auto giant said it intends to set up a joint venture with Russian automotive group Sollers OJSC for producing and distributing Ford vehicles in Russia.

Asia's week ahead

Next week, Thailand will release its fourth-quarter gross domestic product data, Hong Kong is set to report a budget surplus for the current fiscal year, and we'll see the latest report on Japan's core consumer prices. MarketWatch's Lisa Twaronite reports.

European stocks were mostly lower Friday after a five-session winning streak, with losses for miners and car makers weighing on the main bourses. Miners came under some pressure after China’s central bank again hiked its reserve-requirement ratio for banks.

Stocks fell in Shanghai for the first time in seven sessions amid investor nervousness about potential tightening measures in China, where officials tend to announce policy measures ahead of weekends and public holidays.

Among major commodities, crude-oil futures for April delivery rose 50 cents to $86.77 a barrel, while gold futures for April delivery were up 20 cents at $1,385.2 an ounce.

Kate Gibson is a reporter for MarketWatch, based in New York. Barbara Kollmeyer is an editor for MarketWatch in Madrid.

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Friday, February 18, 2011

Indications: Futures slip ahead of G20, long weekend

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Barbara Kollmeyer, MarketWatch

MADRID (MarketWatch) â€" U.S. stock futures traded marginally lower on Friday, as investors took to the sidelines ahead of the two-day Group of 20 meeting in Paris, the long holiday weekend and more unrest in the Middle East.

Futures for the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 12,296, +8.00, +0.07%)  fell 1 point to 12,287, while those for the S&P 500 index /quotes/comstock/21m!f:sp\h11 (SPH11 1,339, +0.90, +0.07%)  dropped 0.6 points to 1,337.20.

Futures for the Nasdaq 100 index /quotes/comstock/21m!f:nd\h11 (NDH11 2,396, +2.50, +0.10%)  slipped 0.25 points to 2,393.25.

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“As we have seen so often in recent sessions, this weakness still looks to be a buying opportunity for most â€" yesterday saw fresh-recovery highs set again by the [Dow] index,” said Ben Critchley, sales trader at IG Index. “With nothing major on the economic calendar today, we may see a quiet finish to another positive week.”

U.S. stocks added to multiyear highs on Thursday in the wake of economic data and corporate results. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,318, +29.97, +0.24%)  closed up 29.27 points, or 0.24%, at 12,318.14, the highest close since June 2008. The S&P 500 index /quotes/comstock/21z!i1:in\x (SPX 1,340, +4.11, +0.31%)  marked its highest close since June 2008 as well.

Markets will be watching for comments from the G20 meeting of finance ministers and central bankers that begins Friday in Paris, with officials expected to try to address economic imbalances between nations. Read about how imbalances are a hot topic for G20 ministers.

In connection with the event, U.S. Federal Reserve Chairman Ben Bernanke is due to speak at a panel discussion on global imbalances and financial stability in Paris at 8 a.m. Eastern time.

At 9:45 a.m. Eastern, U.S. Treasury Secretary Timothy Geithner will participate in a discussion on the state of the global recovery.

Markets were also cautious ahead of a long weekend. U.S. markets will be closed on Monday for the Presidents Day holiday.

And increasing unrest in the Middle East was also making a few wary, with more violence likely in Bahrain’s capital on Friday as protestors hold funerals for several people killed in a crackdown on anti-government demonstrations on Thursday.

There are no major economic data due Friday.

Among shares on the move, Brocade Communications Systems Inc. /quotes/comstock/15*!brcd/quotes/nls/brcd (BRCD 6.02, +0.30, +5.24%)  jumped 11.3% in premarket trade. After the closing bell on Thursday, Brocade reported adjusted first-quarter net income that was ahead of Wall Street forecasts.

Shares of Ford Motor Co. /quotes/comstock/13*!f/quotes/nls/f (F 15.97, -0.08, -0.50%)  could be in focus after the auto giant said it intends to set up a joint venture with Russian automotive group Sollers OJSC for producing and distributing Ford vehicles in Russia.

A handful of companies are due to report ahead of the market’s open, including Campbell Soup Co. /quotes/comstock/13*!cpb/quotes/nls/cpb (CPB 34.94, +0.42, +1.22%)  , Progress Energy Inc. /quotes/comstock/13*!pgn/quotes/nls/pgn (PGN 45.92, +0.56, +1.23%)  and Pinnacle West Capital /quotes/comstock/13*!pnw/quotes/nls/pnw (PNW 41.72, +0.27, +0.65%) .

European stocks were mostly lower on Friday, after a five-session winning streak, with losses for miners and car makers weighing on the main bourses. Miners came under some pressure after China’s central bank hiked its reserve requirement ratio for banks by 50 basis points.

Stocks fell in Shanghai for the first time in seven sessions amid investor nervousness about potential tightening measures in China, where officials tend to announce policy measures ahead of weekends and public holidays.

Among major commodities, crude oil futures for March delivery fell 13 cents to $86.23 a barrel, while gold futures for April delivery were little changed at $1,385.60 an ounce.

Barbara Kollmeyer is an editor for MarketWatch in Madrid.

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NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Friday, Feb 18, 2011 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Thursday's Close Current Price Pct Change Current NYSE ARCA Vol
No symbols with at least a 15% price change today

10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $42,824,481 $134.21 ( 0.0%) | BRCD 1,198,052 $6.63 10.3%
BHP $29,720,706 $92.25 ( 1.8%) | C 565,075 $4.95 0.1%
AAPL $25,883,274 $359.50 0.3% | ALU 423,300 $5.06 1.4%
BBL $16,752,607 $77.62 ( 2.6%) | BHP 321,448 $92.25 ( 1.8%)
BRCD $7,899,757 $6.63 10.3% | SPY 319,133 $134.21 ( 0.0%)
ST $7,403,250 $33.60 1.7% | SIRI 226,249 $1.79 ( 0.6%)
RIO $6,612,585 $71.71 ( 2.1%) | ST 220,350 $33.60 1.7%
GLD $6,297,856 $134.82 ( 0.1%) | BBL 215,022 $77.62 ( 2.6%)
USO $4,953,453 $36.19 0.3% | NOK 190,743 $9.13 0.6%
IWM $4,756,453 $83.43 0.2% | USO 137,186 $36.19 0.3%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2011] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Thursday, February 17, 2011

Indications: U.S. stock futures falter after CPI, jobs data

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

By Kate Gibson and Simon Kennedy, MarketWatch

NEW YORK (MarketWatch) â€" U.S. stock futures fell Thursday after economic data had both the cost of living and the count of weekly filings for unemployment benefits rising more than anticipated.

Mildly lower ahead of the economic reports, stock-index futures fell further in their wake.

Futures on the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 12,290, +2.00, +0.02%)  were down 20 points at 12,232 and S&P 500 futures /quotes/comstock/21m!f:sp\h11 (SPH11 1,338, -0.10, -0.01%)  fell 3.50 points to 1,329.5.

Nasdaq 100 futures /quotes/comstock/21m!f:nd\h11 (NDH11 2,395, +1.00, +0.04%)  dropped 5.5 points to 2,386.5.

S&P 500 doubles up from 2009 low

The Standard & Poor's 500-stock index now stands at twice the level it was in March 2009, getting a Wednesday boost from earnings and economic data.

The consumer-price index rose 0.4% in January, the Labor Department said, with the data posing the possibility of higher food and fuel costs now translating into other goods and services.

“The inflation worm has turned at the consumer level and will continue to rise in 2011,” said Peter Boockvar, equity strategist at Miller Tabak.

Separately, the Labor Department reported first-time applications for jobless benefits increased by 25,000 to a total of 410,000 last week. See more on initial and continuing claims made with state employment offices.

U.S. markets rose on Wednesday, gaining after Federal Reserve officials lifted their forecast for economic growth in 2011 to a range of 3.4% to 3.9%, up from the previous forecast range of 3% to 3.6%. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,318, +29.97, +0.24%)  closed up nearly 62 points.

The Federal Reserve Bank of Philadelphia will release its February survey of regional business activity after markets open.

Shares of data-storage technology company NetApp Inc. /quotes/comstock/15*!ntap/quotes/nls/ntap (NTAP 54.77, -3.77, -6.44%)  dropped in premarket trading after ifourth-quarter earnings forecast disappointed investors. Read more on NetApp's results.

Technology giant Apple Inc. /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 358.30, -4.83, -1.33%)  slipped, giving back some of the 13% rise the stock has achieved since the start of the year. Several online media outlets reported that Steve Jobs, taking a medical leave of absence as chief executive, has been seen at a cancer center in California.

Shares of chip maker Nvidia Corp. /quotes/comstock/15*!nvda/quotes/nls/nvda (NVDA 25.68, +2.30, +9.84%)  fell in premarket trade after it reported fourth-quarter results late Wednesday.

Shares of natural-gas group Williams Cos. /quotes/comstock/13*!wmb/quotes/nls/wmb (WMB 30.08, +2.32, +8.36%) , on the other hand, are expected to surge after the group’s board approved a plan to spin off its exploration and production business.

Other stocks that are likely to see active trading Thursday include Apache Corp. /quotes/comstock/13*!apa/quotes/nls/apa (APA 120.62, +0.11, +0.09%) , following fourth-quarter financial results reported by the energy independent, and PG&E Corp. /quotes/comstock/13*!pcg/quotes/nls/pcg (PCG 45.56, -0.44, -0.96%) , which is seen reporting a profit of 72 cents a share.

European stock markets were broadly flat in late morning trading after a mixed set of earnings results from the likes of Pernod Ricard SA /quotes/comstock/24s!e:ri (FR:RI 67.61, -3.02, -4.28%) , BAE Systems PLC /quotes/comstock/23s!a:ba. (UK:BA. 340.90, -14.80, -4.16%)  and Nestle SA /quotes/comstock/06p!nesn (CH:NESN 52.90, +0.45, +0.86%)   /quotes/comstock/11i!nsrgy (NSRGY 55.73, +1.01, +1.85%) /quotes/comstock/11i!nsrgy (NSRGY 55.73, +1.01, +1.85%)

Most Asian markets ended the day with small gains. Tokyo’s Nikkei 225 Average /quotes/comstock/64e!i:ni225 (JP:NI225 10,849, +12.66, +0.12%)  closed up 0.3%.

Kate Gibson is a reporter for MarketWatch, based in New York. Simon Kennedy is the City correspondent for MarketWatch in London.

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