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Morning Briefing

Wednesday, March 03, 2010

Market Matters:

Overseas A Bit Weaker
by Staff Writers

Asia and Europe lower. S&P 500 and NASDAQ futures lower by -0.50 and -3.00 at 7:30 EST. Brent Crude is at $78.52 from $77.42 with gold at $1139 from $1122.44 and natural gas at $4.70 from $4.72. The Up Dollar ETF (UUP) closed at $23.65 lower by -0.35%. Currencies see the Yen at 88.75 from 89.02 with the Pound at .66 and Euro at .73. The 20 Year Treasury ETF (TLT) closed at $91.22 lower by -0.13%. High yield bonds and corporate investment grade bonds rose. More...

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Today's Superstock Investor Stock Scorecard:

JDS UNIPHASE CORP (JDSU)
by Superstock Investor

We have to hand it to Jim Cramer. He sure knows how to recommend overvalued stocks. JDS Uniphase (JDSU) was his latest pick on Tuesday night. The price target is $7.93 and it closed at $11.11. At least the current price is below the upper bound. More...

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The Madison Letter:

Daily Commentary
by Staff Writers

We note the sell point on the VIX is 16.75. If the VIX drops to 16.75, then the S&P 500 will be much higher. Therefore, watch how the VIX trades. More...

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