More from Hilsenrath: Markets may not have to wait until the end of July FOMC meeting as Bernanke may "lay down his own markers" in Congressional testimony on July 17 and 18. The Fed may be interested in switching asset purchases to MBS as some research says it would be more effective at lowering a broad range of interest rates than buying Treasurys. (previous) [View news story]
How about we QE you back to the streets of Princeton?
Solar stocks are closing out a volatile week on an up note (TAN +2.5%). Option expirations could be driving some traders to close out their bets. Among the big winners: TSL +8.6%. STP +6.5%. GTAT +5.7%. [View news story]
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
Chesapeake: 'Third Scenario' Could Be Huge For Investors [View article]
McClendon destroyed his own company with greed and gambling. In turn he destroyed a lot of his shareholders wealth. This is the worst company to own stock in period.
Despite the worrisome decline in the stock market over recent weeks to near-correction levels, the selling has lacked one key ingredient - panic. Although an orderly selloff is generally looked upon as a sign of a healthy market where investors are merely cashing in profits, without any signs of real capitulation the risk to the markets at present is just a continuing grind lower and lower. [View news story]
Obama and the Dems will not let it fall. Guaranteed. The markets always go up on a Dems watch. Money in the bank.
Markets pick up Sunday evening where they left off Friday afternoon. S&P 500 futures -0.8%, German Dax futures -1%. The euro -0.2% to $1.2407. Gold flat. WTI crude -0.6% to $82.71. [View news story]
When a democrat is in the markets go up. See Clinton, Bill.
With renewable-energy subsidies as the fuel, a trade war between the U.S. and China is heating up. Markets both countries see as strategic (like America's $8.4B solar market) are playing host to increasing WTO challenges. And that's not to mention skirmishes over steel pipes, poultry, tires and music. [View news story]
Tomas - I agree. My parents were in the textile industry for 50 years before NAFTA and WTO and the like decimated it. They enjoyed an honest living.
GasFrac: In Spite Of Results Beaten Down By Weather, Bright Future Ahead [View article]
More from Hilsenrath: Markets may not have to wait until the end of July FOMC meeting as Bernanke may "lay down his own markers" in Congressional testimony on July 17 and 18. The Fed may be interested in switching asset purchases to MBS as some research says it would be more effective at lowering a broad range of interest rates than buying Treasurys. (previous) [View news story]
Solar stocks are closing out a volatile week on an up note (TAN +2.5%). Option expirations could be driving some traders to close out their bets. Among the big winners: TSL +8.6%. STP +6.5%. GTAT +5.7%. [View news story]
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
Chesapeake: 'Third Scenario' Could Be Huge For Investors [View article]
Chesapeake: 'Third Scenario' Could Be Huge For Investors [View article]
Is GT Advanced Technologies Really A Free Lunch? [View article]
Despite the worrisome decline in the stock market over recent weeks to near-correction levels, the selling has lacked one key ingredient - panic. Although an orderly selloff is generally looked upon as a sign of a healthy market where investors are merely cashing in profits, without any signs of real capitulation the risk to the markets at present is just a continuing grind lower and lower. [View news story]
Schlumberger Outlines Future Roadmap To Gasfrac [View article]
3 Reasons To Buy Hess Shares On This Major Drop [View article]
Markets pick up Sunday evening where they left off Friday afternoon. S&P 500 futures -0.8%, German Dax futures -1%. The euro -0.2% to $1.2407. Gold flat. WTI crude -0.6% to $82.71. [View news story]
3 Reasons To Buy Hess Shares On This Major Drop [View article]
With renewable-energy subsidies as the fuel, a trade war between the U.S. and China is heating up. Markets both countries see as strategic (like America's $8.4B solar market) are playing host to increasing WTO challenges. And that's not to mention skirmishes over steel pipes, poultry, tires and music. [View news story]
3 Reasons To Buy Hess Shares On This Major Drop [View article]
Alternative Energy Takes Massive Hits During May Correction [View article]