Market Gawk

United States Market and Economy

June 6th, 2007

June 5, 2007 Stock Market Recap

I’m glad I stayed out of the fray today because it looks like it was a good day to get chopped up, especially on the NASDAQ. It closed down for the day but it rallied into the close to close near the highs of the session. It’s looking like 2600 is now […]

Original post by FeedZilla

June 6th, 2007

Japanese stocks flat after Wall Street drop

HONG KONG (MarketWatch) — Asian stocks traded on a mixed note Wednesday, with Japan’s Nikkei edging lower as exporters such as Toyota Motor Corp. and Canon Inc. lost ground following comments from Federal Reserve Chairman Ben Bernanke on the U.S. economy that diminished hopes of an interest-rate cut in the near future.

Original post by FeedZilla

June 6th, 2007

Equities slip; Forzani throws cold water on talk of M&A

SAN FRANCISCO (MarketWatch) — Canadian stocks closed little changed Tuesday, with gains in the energy and materials group offset by declines in the financial services and consumer discretionary groups.

Original post by FeedZilla

June 6th, 2007

Mexico jumps to record; Brazil down ahead of rate meeting

SAN FRANCISCO (MarketWatch) — Mexican stocks reached a fifth consecutive record close Tuesday, while Brazilian stocks index ended slightly lower as investors weighed the monetary-policy implications locally and lingering inflation concerns abroad.

Original post by FeedZilla

June 6th, 2007

How ABC News plans to stay No. 1

NEW YORK (MarketWatch) — ABC News has staged an improbable rise.

Original post by FeedZilla

June 6th, 2007

Four ways to lower cooling costs

NEW YORK (MarketWatch) — Cooling costs can chill your budget in the peak summer months. Here are four tips for chilling out without going broke:

Original post by FeedZilla

June 6th, 2007

Australian dollar hits 17-year high on robust GDP data

HONG KONG (MarketWatch) — Australia’s economy grew at a faster-than-expected 1.6% in the three months ending March 31 from the previous quarter, spurring the nation’s currency to its highest level in 17 years against the U.S. dollar Wednesday on expectations the central bank will lift interest rates to cool inflation.

Original post by FeedZilla

June 6th, 2007

Brazil, India Aim To Boost Trade Fourfold By 2010

The leaders of the two emerging economic giants meet in Delhi to deepen ties.

Original post by FeedZilla

June 6th, 2007

links for 2007-06-06

Rick’s Cabaret International Inc. (RICK) | Wallstrip
A shareholder’s conference call like no other. Rick’s Cabaret International Inc. (RICK)
(tags: stocks)

A New Kind of Short Squeeze
Short trades get more costly as hedge-fund biz and LBOs boom
(tags: stocks)

More Equity Hedge Funds are Shorting ETFs Rather than Stocks
Crowded trades and LBOs have made shorting stocks ‘treacherous’
(tags: stocks hedgefunds trading)

VesTopia
a […]

Original post by FeedZilla

June 6th, 2007

Stem cell industry set to break out

Consider the $3 billion California can now spend on embryonic stem cell research as seed money for a budding new industry waiting to explode.

Original post by FeedZilla