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Superstock Investor
Gold & Energy
Advisor |
[Printable Version of This Page] Market Matters:Sirius Adds Subscribers Year Over Year In After Hours TradingFDO beat estimates. Sirius (SIRI) subscribers up year over year by 1.1 million.What's Happening This MorningAsia and Europe mostly lower. S&P 500 and NASDAQ 100 futures are lower by -1.50 and -1.75. Brent Crude is at $72.12 from $72.52 with gold at $1190 from $1206 and natural gas at $4.70 from $4.79. The Up Dollar ETF (UUP) closed at $24.49 lower by -0.33%. Currencies see the Yen at 87.25 from 87.94 with the Pound at .66 and Euro at .80 from .81. The 20 Year Treasury ETF (TLT) closed at $101.62 up by 0.82%. High yield bonds and corporate investment grade bonds rose on Tuesday.Earnings ExpectedEarnings due after the close include INXI LWSN NUHC.Rags & Mags: Inside Wall StreetNY Times reportsReported Earnings This MorningEarnings of note this morning - none to report yet. Due GBX HELE ISCA.Data PointsYesterday saw 1516 stocks rise and 1567 fall on the NYSE. NASDAQ saw 906 rise and 1789 fall. The S&P 500 remains below its 50 day moving average and its 200 day moving average. The 10 day spread moving average of breadth has been weak in the past ten days and we moved back to invested on the Madison Market Timing Indicator on 5/10/10.EconomicsReleases of note this week other than the weekly oil/gas numbers and jobless claims include a slew of retailers reporting same store sales for June on Thursday.PoliticoPresident Obama met with Israeli Prime Minister Netanyahu and discussion on the Palestinian homeland to heat up.Conference & Analyst MeetingsConferences that get underway today include Allen & Co Media Conference.Conference of NoteWatch how media stocks fair from Sun Valley, Idaho at the Allen & Co annual summerfest media conference.M & A NewsTotal (TOT) to buy UTS Corp of Canada for 10% premium.Key Upgrades and Downgrades
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