Tuesday, May 8, 2012

DailyMarkets.com - Willis: “US Equities…consolidation Continues”

DailyMarkets.com - Willis: “US Equities…consolidation Continues”


Willis: “US Equities…consolidation Continues”

Posted: 08 May 2012 11:10 AM PDT

05/08/12 Sunrise Securities’ Ben Willis talks about today’s selloff in US stocks and dissects the situation in European austerity crisis. The US jobs report and the QE outlook are also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Dow Loses Grip On 13K, Slides On Greece Fears

Posted: 08 May 2012 08:15 AM PDT

05/08/12 Wall Street extended losses over political uncertainty in Europe. As Greece struggles to form a government, default possibilities dragged on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


SEC Outside Investigator Should Also Look Into. . . Recommended

Posted: 08 May 2012 07:59 AM PDT

Perhaps it is only fitting that my 2000th post since launching Sense on Cents in January 2009 is directed at issues within our nation's top financial cops at the SEC.
How interesting that a report is released today indicating that the SEC is bringing in an outside investigator to probe allegations of inappropriate activities within the Office of Inspector General during the tenure of the recently departed IG David Kotz. 
Bloomberg/BusinessWeek highlights this developing story in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


March Job Openings And Quits Highest Since 2008, Manufacturing Job Openings Highest Since 2007

Posted: 08 May 2012 07:51 AM PDT

Highlights from today’s Job Openings and Labor Turnover report from the BLS:

1. There were 3.74 million job openings on the last business day of March, up from 3.565 million in February. The number of job openings has trended upward since the end of the recession in June 2009 (see top chart above).

2. The overall number of seasonally adjusted job openings in March increased over the year by 17.2% and for total private openings by 17.3%.  Openings for government jobs fell by 12.8% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Slide Continues On Political Uncertainty

Posted: 08 May 2012 02:00 AM PDT

05/08/12 The euro continued t lose ground Tuesday morning as political uncertainty in Greece has lifted worries concerning future austerity measures and the health of the euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Risk-Aversion In Full Swing As Japanese Yen Outperforms Aussie, Euro

Posted: 08 May 2012 06:49 AM PDT

Fundamental Headlines
- Billion-Dollar Traders Quit Wall Street for Hedge Funds – Bloomberg
- Euro Near Three-Month Low on Greek Leadership Concern – Bloomberg
- Netanyahu Surprise Gives Israel Grand Coalition – Reuters
- Europe Faces New Greek Test – WSJ
- New French Test is Parliamentary Election – WSJ
European Session Summary
The distressing political climate across Europe is starting to snowball. With London closed for a bank holiday yesterday, higher yielding currencies and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


European Stocks Drop Alongside Euro As Greece Concerns Grow

Posted: 08 May 2012 01:00 AM PDT

05/08/12 European stocks fell Tuesday as the struggle of Greece’s political leaders to form a government highlighted growing concerns about the region’s debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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