Market Gawk

United States Market and Economy

July 26th, 2007

links for 2007-07-27

Corrections Corp. of America (CXW) | Wallstrip
When committing a crime, choose your location wisely. Get caught in the wrong state, and you’ll have to deal with Corrections Corp. of America (CXW)
(tags: stocks)

The Uptick Rule and The End of the VIX as We Know It?
Does the end of the Uptick Rule spell Doom for the VIX? […]

Original post by FeedZilla

July 26th, 2007

Let the Blame Begin

Everyone played some role—the Street, lenders, ratings agencies, hedge funds, even homeowners. Where does responsibility lie?

Original post by FeedZilla

July 26th, 2007

Where’s the Bottom?

As housing woes spread to the corporate credit market, the economic outlook is sure to decline. Just how much further down do we have to go?

Original post by FeedZilla

July 26th, 2007

Aircraft Maintenance Firm Grows By Lining Up More Customers

AAR Corp.’s Chief Executive David Storch was in good spirits the week after the company reported its yearly earnings.

Original post by FeedZilla

July 26th, 2007

Nasdaq Plunges Below 50-Day On Heavy Trade

The NASDAQ composite took its sharpest spill in over a month, plunging 1.8% Thursday to end below its 50-day moving average as volume soared.

Original post by FeedZilla

July 26th, 2007

Bloody Day For S&P 500, Dow As Trade Swells

NYSE indexes suffered a nasty slide Thursday, as worries about housing and oil prices mounted.

Original post by FeedZilla

July 26th, 2007

Stocks Sell Off Hard In Massive Volume, Killing Market Rally

Stocks dived in furious volume Thursday, continuing the week’s sell-off and pulling the market into a correction.

Original post by FeedZilla

July 26th, 2007

Chinese Insurers Freed To Expand Capital Investments Abroad

State regulatory authorities allow firms to place 15% of their assets outside their home market, up from 5%, but how tempting is it when China itself offers the fastest growth?

Original post by FeedZilla

July 26th, 2007

July 26th Recap: Technical Damage on Record Volume

OK, you folks know how this goes:

another one of *those* days with every sector and index down
all-time record volume on the downside vs. lower volume rallies
moving averages broken all over the place
March trendlines broken again
subprime & credit woes
financials looking like death
T2108 under 20 (closed at 18.86)
my blog getting tons of hits from people searching […]

Original post by FeedZilla

July 26th, 2007

Pixelworks narrows loss on lower sales

A stripped-down Pixelworks Inc. managed to trim its losses on lower sales in the second quarter, due both to stringent cost management over the year — including layoffs — and because the company took such a huge accounting hit last year on its past acquisitions.

Original post by FeedZilla