Thursday, June 28, 2012

DailyMarkets.com - $28k Per Pupil Cost Of D.C. Public Schools Puts It In An Elite Group, But Without The Results

DailyMarkets.com - $28k Per Pupil Cost Of D.C. Public Schools Puts It In An Elite Group, But Without The Results


$28k Per Pupil Cost Of D.C. Public Schools Puts It In An Elite Group, But Without The Results

Posted: 28 Jun 2012 05:53 AM PDT

Judging by the expenditures per student of almost $30,000 (Andrew Coulson at Cato crunches the numbers), the “pricy” District of Columbia public schools are among the most elite of all of the D.C.-area schools, see the chart above.  The $28,409 per-student educational price tag for D.C. schools is just slightly below two of the area’s most prestigious private schools – Georgetown Prep ($29,625), founded in 1789 as the nation’s oldest Jesuit school, and Sidwell Friends School ($33,000), … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


June 28 Midweek Triple Index Resistance Check

Posted: 28 Jun 2012 05:50 AM PDT

With Thursday developing into another big news day, let's take a quick morning check on current daily resistance (or key) price levels and what to watch from here (upper and lower short-term targets)  in the US Equity Markets.
First, the S&P 500:

Let's discuss the current conditions which apply to all indexes.
First, June gave us an initial "Bull Trap" scenario with the push beyond the falling 50d EMAs (blue falling lines), and the failure to hold above the 50d EMA resulted in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


JP Morgan: 9B Loss? Is That It? A Hedge? Really?

Posted: 28 Jun 2012 04:34 AM PDT

On May 10th, JP Morgan (NYSE:JPM) CEO announced that the bank faced a $2 billion loss on a hedge that had gone awry in its Chief Investment Office.
Many analysts and commentators discounted the fact that for an institution of JP Morgan (NYSE:JPM)'s size a surprising $2 billion loss, while significant, was not overly significant.
Perhaps they were right. If a $2 billion loss is insignificant then what about an $8-9 billion loss. Significant yet? 
In early May Dimon had expressed a degree of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commodities Sink On Rise In German Unemployment, EU Summit Anxiety

Posted: 28 Jun 2012 02:36 AM PDT

Talking Points

Crude Oil, Copper Sold as German Jobs Data Sinks Risk Appetite
Gold and Silver Decline as US Dollar Gains on Safe-Haven Inflows
Pro-Growth Agenda at EU Leaders' Summit May Boost Sentiment

Commodity prices are following stocks lower in European trade after German unemployment rose more than economists expected in June. Anxiety about the outcome of the EU leaders' summit getting underway in Brussels likewise seems to be applying downward pressure. Traders appear skeptical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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