Archive for category Trading News

Q4 2009: Mortgage Equity Withdrawal Strongly Negative

Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed.

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Flow of Funds Report: Mortgage Debt Declines by $72 Billion in Q4

The Federal Reserve released the Q4 2009 Flow of Funds report today: Flow of Funds . According to the Fed, household net worth is now off $12.5 Trillion from the peak in 2007, but up $5.0 trillion from the trough last year

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The Below Average CEO: Olli-Pekka Kallasvuo Of Nokia (NOK)

Average: “an estimation of or approximation to an arithmetic mean”–Webster Among the public companies in the handset business which trade on US exchanges, Nokia  (NOK) has performed the most poorly over the last year. The firm’s shares are up a little over 30% while the DJIA is higher by 50%.

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Hotel Occupancy and RevPAR Increase compared to same week in 2009

From HotelNewsNow.com: STR: RevPAR increases in US weekly results The United States hotel industry posted only its third revenue-per-available-room increase in 18 months for the week ending 6 March 2010, rising 0.9 percent to US$52.75, according to data from Smith Travel Research.

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Google’s Vain Advice to Save Newspapers

By John Hudson, The Atlantic Wire On Tuesday, Hal Varian, Google’s top economist, delivered a keynote address on the economics of the newspaper industry.

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Trade Deficit decreases slightly in January

The Census Bureau reports : [T]otal January exports of $142.7 billion and imports of $180.0 billion resulted in a goods and services deficit of $37.3 billion, down from $39.9 billion in December, revised.

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6 New Leveraged Direxion ETFs (BRIL, INDL, SOXL, BRIS, INDZ, SOXS)

Direxion is launching six new Direxion Shares Daily ETFs, making the leveraged ETF trading instruments now at 34 ETFs.  These will seek 200% of the daily performance or 200% of the inverse of the daily performance of the BNY Mellon BRIC Select ADR Index and the Indus India Index.  There is also a 300% bull [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Today’s Best Market Rumors (3/11/2010)

Updated throughout the day. Citigroup (C) may earn $20 billion in 2012 (FT) Macquarie Group, Australia’s largest investment bank, is on the hunt for more U.S. assets

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Weekly Initial Unemployment Claims: Still Suggesting Job Losses

The DOL reports on weekly unemployment insurance claims : In the week ending March 6, the advance figure for seasonally adjusted initial claims was 462,000, a decrease of 6,000 from the previous week’s revised figure of 468,000. The 4-week moving average was 475,500, an increase of 5,000 from the previous week’s revised average of 470,500

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Top Analyst Upgrades and Downgrades (AMLN, NLY, ARMH, BBBY, CO, DPS, LVLT, SANM, YHOO)

These are this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Amylin Pharmaceuticals (NASDAQ: AMLN) Started as Buy at Merriman Curhan Ford. Annaly Mortgage (NYSE: NLY) Cut to Market Perform at JMP Securities

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