A Tiny German Student Chick…

Said this, at the height of the most repressive regime in history apart from those in the Arab world backed by the US.

The real damage is done by those millions who want to "survive." The honest men who just want to be left in peace. Those who don't want their little lives disturbed by anything bigger than themselves. Those with no sides and no causes. Those who won't take measure of their own strength, for fear of antagonizing their own weakness. Those who don't like to make waves — or enemies. Those for whom freedom, honor, truth, and principles are only literature. Those who live small, mate small, die small.

Sophie Scholl

When Little Sophie was dragged before the costumed fuckwits who wield the whip of the State, did she grovel and beg? Like fuck. Here's what she said as she was being sentenced to death:

Somebody, after all, had to make a start. What we wrote and said is also believed by many others. They just don't dare express themselves as we did.

and

I am, now as before, of the opinion that I did the best that I could do for my nation. I therefore do not regret my conduct and will bear the consequences that result from my conduct.

Betray-Us and Broadwell (nee Kranz)… OK, I’ll Bite.

A lot of people are missing a key point in l'affaire Petraeus: how about the fact that the CIA was unable to determine that its leader was 

(a) having an affair;

(b) had his e-mail account hacked (or attempted-hacked, depending on who you read); and

(c) WAS UNDER FBI SURVEILLANCE.

Ditto for the DIA as concerns General Allen (OK, so Allen was not Director of DIA, but you get the point). Hell, Allens' correspondence with Kelley ran to TWENTY THOUSAND PAGES – he must have been typing full-time (or transferring documents), and NOBODY CAUGHT ON. WTF? Billions of dollars of the alphabet-soup intelligence agencies, and they fail RIGHT ON THEIR OWN DOORSTEP.

As I have said often and widely, the CIA missed (failed to forecast, and to the extent that it fell within their remit, failed to prevent or forestall) every single issue of geopolitical and strategic importance since its foundation:

  • the Russian bomb,
  • the Chinese bomb,
  • the French bomb,
  • the Indian bomb,
  • the Pakistani bomb,
  • the fall of the Berlin Wall,
  • the reunification of Germany,
  • the fall of the Soviet Union,
  • the rise of the Taliban,
  • the USS Cole,
  • the Beirut bombing …

EVERY SINGLE ONE, right up to September 11th (and further – right up to the overthrow of US stooge Pharoah Hosni-hotep Mubarak). Find a single issue of geo-strategic significance that happened in the mid-to-late 20th century, and the CIA missed it.

And now we have some idea that it can't even assess the behaviour or control the e-mail account of its own leadership, and/or cannot figure out whether its leader is being subject to scrutiny by other intelligence-gathering mechanisms (domestic or foreign).

Good News, Everyone!

OK. MentatSpace (aka RantSpace) is now repaired – all the internet kerjiggers are pointed at the right orifices, and your Beloved GT stands ready to bring the madness again.

Some bits of the algorithm are not playing nice just yet, so the full 'works and jerks' Grogans of Wisdom won't begin to be shat out until next week, prob'ly.

However while I've got you here, let's recap.

  • Euro bullshit-artists continue to pretend that the Grecians are not up to their collective vord in debt-cancer;
  • the Mulatto Metrosexual beat the man who believes in magic underpants for the role of Brown-Baby-Killer-in-Chief;
  • everybody is becoming slowly more aware of the degeneracy of the political class (i.e., the non-mainstream media has started to genuinely dig into the international morass of kiddie-fiddlers in which Savile, Dutroux and others move and moved, with constant protection from politicians, police and the judiciary);
  • 5'5", 150lb weakling and lifelong sycophant-to-power Dave "BetrayUs" got honeypotted, and the cover story the political class decided on was written by someone who got fired from "Days of Our Lives".

Nothing else of note, from memory: oh, wait. At one stage my "long EURAUD" call was up a thousand pips; my "Long gold at 1563" was up $200; my "Long EURUSD at 1.21-odd" was up about 900 pips; and we got the Buttered Carrot of Doom up the Vord on the "Short DAX from 6900" (that's still going to be fine, kiddies).

 

Also, The Lovely has had her first appearance as a Baby Barrister, and is finding her feet in the new milieu. (I've started using words like 'milieu' too – that's how fucking cosmopolitan I am).

 

Thinking back to the recent contest for US Chief Tax Parasite and Foreign Child-Killer, think of what that contest meant.

The incumbent was part of some whackjob church in Chicago for 20 years. It's a particularly nutty version of the Jeebus-got-nailed myth. He was a weekly attendee for 20 years, and married his (huge Adam's Apple-d) 'wife' there. (What's her name? Michael, I think. Huge delts).

So either he believes in that brand of nutjobbery, or he lies about it.

OK?

Either

Barack Obama believes in an Invisible Sky Wizard who

  • loves foreskins, blood and burnt offal;
  • led a bunch of peasants descended from an incestuous Iraqi nomad, on campaign of genocide, theft and murder in Judea in about the 9th century BCE;
  • all but wiped out life on earth because he got a bit bored; and
  • came to life as his own son in order to get killed horrifically as some ludicrous primitive blood sacrifice;

OR

Barack Obama is a big fat liar who only pretends to believe that whacked-out nutball shit simply because he thinks people are so stupid they could not bear a genuinely rational leader.

We know he's a big fat liar anyhow – because he's a professional parasite. He's also almost certainly a sociopath, because it is not possible to rise within a modern party machine without being a sociopath. But he lies about matters of faith, god dammit.

Magic Undies Mitt presents the same dilemma: either he's a big fat lying bullshitter, or he believes in magic undies and the laughable nonsense fairy story made up by Joseph Smith (which if you familiarise yourself with it, is only slightly less ludicrous than the Bible and slightly more ludicrous than Scientology – no, seriously: of the three, Scientology is the least fucktarded). [That said, I am an enemy of Scientology to my last cell]

 

So anyway – it will be the bullshitting half-Kenyan who will be leading the continued US depraved slaughter of innocents around the world, not the man who wear magic jocks.

 

The "Savile-and-a bunch of other 'elite' degenerates" kiddie-fucker stuff is going to get much much more airplay soon, dearest Readers.

Your Beloved GT is aware of a project that is in the throes of decrypting the second chunk of a 'liberated' dataset that was freed from the clutches of a small corner of the international paedo-network. If it is like the first section (and it is), it contains names, addresses, e-mail addresses, IP addresses and a whole buncha other stuff.

My suggestion – that the individuals be notified that their names will be suppressed from final release so long as they kill themselves – was rejected, sadly.

Once collated and checked, the decrypted repository will all be spread far and wide so that the political class, their media sycophants, their police goons, and their judicial cronies can't prevent it from seeing the light of day. And some real smart folks are making additional linkages as we speak.

 

Funniest thing: the data was encrypted using a mechanism which has been proved-decryptable since 2003 (MD5, for those who know about that sort of thing).

USRant for Wednesday, August 15th 2012

The following economic data was released during the session:

  • Existing Home Sales m/m for July 2012 was released in Canada; the series posted a reading of 0.0% rising 1.3 from the prior reading of -1.3%
  • DOE U.S. Gasoline Inventories for August 10 2012 was released in the US; the result was -2371K dropping 570 compared to the last data point (-1801K) , which was lower than the market’s pre-release guess of -2000K.
  • DOE U.S. Distillate Inventory for August 10 2012 was released in the US; the result was 677K advancing 1401 from the prior reading of -724K – above the consensus estimate of -275K.
  • DOE U.S. Crude Oil Inventories for August 10 2012 was released in the US; the outcome was -3699K gaining 30 from the prior reading of -3729K , which was lower than the market’s pre-release guess of -1500K.
  • DOE Cushing OK Crude Inventory for August 10 2012 was released in the US; the result was 899K advancing 1701 from the prior reading of -802K
  • Manufacturing for July 2012 was released in the US; the result was 0.5% unchanged from the last data release for this series. , in line with the consensus estimate of 0.5%.
  • Total Net TIC Flows for June 2012 was released in the US; the outcome was $16.7B unchanged from the last data release for this series.
  • Net Long-term TIC Flows for June 2012 was released in the US; the result was $9.3B unchanged from the last data release for this series. , in line with the consensus estimate of $40.0B.
  • Consumer Price Index n.s.a. for July 2012 was released in the US; the outcome was 229.104 a decline of 0.37 compared to the last data point (229.478) , which was lower than the consensus estimate of 229.505.
  • Consumer Price Index Core Index s.a. for July 2012 was released in the US; the result was 230.124 a gain of 0.21 from the prior reading of 229.916
  • Co nsumer Price Index m/m for July 2012 was released in the US; the series posted a reading of 0.0% unchanged from the last data release for this series. , which was lower than the market’s pre-release guess of 0.2%.
  • Consumer Price Index Ex Food & Energy m/m for July 2012 was released in the US; the result was 0.1% a drop of 0.1 compared to the last data point (0.2%) , which was lower than the market’s pre-release guess of 0.2%.
  • Consumer Price Index Ex Food & Energy y/y for July 2012 was released in the US; the outcome was 2.1% losing 0.1 compared to the last data point (2.2%) , which was lower than the market’s pre-release guess of 2.2%.
  • MBA Mortgage Applications for August 10 2012 was released in the US; the outcome was -4.5% dropping 2.7 compared to the last data point (-1.8%)
  • Capacity Utilization for July 2012 was released in the US; the series posted a reading of 79.3% a gain of 0.4 from the prior reading o f 78.9% – above the consensus estimate of 79.2%.
  • Industrial Production for July 2012 was released in the US; the result was 0.6% rising 0.5 from the prior reading of 0.1% – above expectations of 0.5%.
  • NAHB Housing Market Index for August 2012 was released in the US; the result was 37 an increase of 2 from the prior reading of 35 – above the consensus estimate of 35.
  • Empire Manufacturing for August 2012 was released in the US; the outcome was -5.85 falling 13.24 compared to the last data point (7.39) , which was lower than the market’s pre-release guess of 7.00.

Headline Indices

The Dow Jones Industrial Average finished the session at 13,164.78 points, a change of -7.36 points (-0.06%) for the session.

The session high was 13,192.89 points, while the low was down at 13,138.23 points.

Total volume traded in the 30 components of the index was 350.52m shares. Advancers and decliners were split evenly, 15 decliners to 15 advancers. Advancing volume exceeded declining volume by 195.11m shares to 155.4m. The main decliners (in percentage terms) were –

  • Intel (INTC) -0.21 (0.8%) to $26.27 on volume of 25.96m shares;
  • Merck (MRK) -0.35 (0.8%) to $44.06 on volume of 6.74m shares;
  • Johnson & Johnson (JNJ) -0.29 (0.4%) to $68.35 on volume of 8.45m shares;
  • Boeing (BA) -0.3 (0.4%) to $73.07 on volume of 3.04m shares; and
  • AT&T (T) -0.15 (0.4%) to $37.1 on volume of 19.74m shares.

 

The S&P500 Index added +1.60 points (0.11%) to 1405.53 points..

Total volume traded in the 500 components of the index was 1.88bn shares. Advancers outpaced decliners by 1.8 to one, with 283 advancers to 159 decliners. Advancing volume exceeded declining volume by 1.13bn to 734.91m shares. The biggest gainers (percentage-wise) were –

  • Abercrombie & Fitch Co. (ANF) +2.9 (9%) to $35.23 on volume of 11.62m shares;
  • JDS Unip hase Corp. (JDSU) +0.88 (8.2%) to $11.56 on volume of 19.25m shares;
  • Sprint Nextel Corp. (S) +0.4 (8%) to $5.39 on volume of 136.3m shares;
  • Unisys Corp. (UIS) +1.09 (5.6%) to $20.47 on volume of 0.67m shares; and
  • Compuware Corp. (CPWR) +0.38 (4%) to $9.8 on volume of 2.82m shares.

The Nasdaq Composite rose +13.95 points (0.46%) to 3030.93 points. while the Nasdaq100 advanced +7.68 points (0.28%) to 2735.47 points..

Total volume traded in the 100 components of the index was 583.5m shares. Advancers outpaced decliners by 3.2 to one, with 68 advancers to 21 decliners. Advancing volume exceeded declining volume by 373.71m to 209.8m shares. The biggest gainers (percentage-wise) were –

  • Leap Wireless International (LEAP) +0.34 (6.1%) to $5.93 on volume of 2.67m shares;
  • Akamai Technologies (AKAM) +1.36 (3.8%) to $36.8 on volume of 5.07m shares;
  • Starbucks (SBUX) +1.67 (3.6%) to $48.1 on volume of 14.67m sh ares;
  • Symantec (SYMC) +0.49 (2.9%) to $17.67 on volume of 10.74m shares; and
  • Sears Holdings (SHLD) +1.43 (2.6%) to $56.6 on volume of 1.35m shares.

Volatility

The CBOE Volatility Index fell 0.22 points (1.48%) to 14.63 points. and the CBOE Nasdaq100 Volatility Index lost 0.5 points (3.25%) to 14.90 points..

Breadth and Internals

A total of 3171 issues traded today on the NYSE; today’s total volume was 2.53bn shares. A total of 1924 stocks posted gains for the day, and volume in advancing issues totalled 1.58bn shares. Exerting downwards pressure on the index were 1136 losers, which accounted for a total declining volume of 0.92bn shares. 105 stocks made new 1-year highs on the NYSE, while 14 shares plumbed new 52-week depths.

On the Nasdaq 2584 tickers traded today; total Nasdaq volume was 1.49bn shares. A total of 1709 stocks posted gains for the day, with aggregate volume of 0.95bn shares changing hands in the day’s winners. The red zone of the Nasdaq exchange comprised 783 losers, and total declining volume was 0.53bn shares. 61 Nasdaq-listed stocks hit new 52-week highs, while 45 shares d ipped to new 1-year lows.

Major Market Statistics
Index Close Gain(Loss) %
Dow Jones Industrial Average 0.00 N/A 0%
S&P500 Index 1405.53 +1.60 0.11%
Nasdaq Composite 3030.93 +13.95 0.46%
Nasdaq100 2735.47 +7.68 0.28%
CBOE Volatility Index 14.63 -0.22 -1.48%
CBOE Nasdaq100 Volatility Index 14.90 -0.50 -3.25%

Dow Darlings

  • Bank Of America (BAC) +0.09 (1.2%) to $7.87 on volume of 72.4m units
  • American Express (AXP) +0.58 (1%) to $56.66 on volume of 2.9m units
  • United Technologies (UTX) +0.745 (1%) to $77.99 on volume of 2.9m units
  • Wal-Mart (WMT) +0.44 (0.6%) to $74.45 on volume of 7.7m units
  • Home Depot (HD) +0.29 (0.5%) to $55 on volume of 9m units

Dow Duds:

  • Intel (INTC) -0.21 (0.8%) to $26.27 on volume of 26m units
  • Merck (MRK) -0.35 (0.8%) to $44.06 on volume of 6.7m units
  • Johnson & Johnson (JNJ) -0.29 (0.4%) to $68.35 on volume of 8.5m units
  • Boeing (BA) -0.3 (0.4%) to $73.07 on volume of 3m units
  • AT&T (T) -0.15 (0.4%) to $37.1 on volume of 19.7m units

Most Traded Dow stocks:

  • Bank Of America (BAC) +0.09 (1.2%) to $7.87 on volume of 72.4m units
  • General Electric (GE) +0.02 (0.1%) to $20.96 on volume of 28.6m units
  • Intel (INTC)-0.21 (0.8%) to $26.27 on volume of 26m units
  • Microsoft (MSFT) +0.07 (0.2%) to $30.2 on volume of 24.2m units
  • AT&T (T)-0.15 (0.4%) to $37.1 on volume of 19.7m units
Precious Metals

Precious metals futures performed as follows –

Precious Metals Futures
Commodity Close Gain(Loss) %
Gold 1606.6 4.2 0.26
Silver 27.896 0.049 0.18
Palladium 578.05 -0.35 -0.06
Platinum 1396.2 -2.9 -0.21

The Gold Bugs index (XAU) advanced 0.63 points (0.41%) to 155.62 points. Total volume traded in the 16 components of the index was 42.33m shares. Advancers outpaced decliners by 1.7 to one, with 10 advancers to 6 decliners. Advancing volume exceeded declining volume by 21.33m to 21m shares. The biggest gainers (percentage-wise) were –

  • Barrick Gold (ABX) +0.55 (1.6%) to $34.69 on volume of 5.07m shares;
  • Kinroos Gold (KGC) +0.11 (1.4%) to $8.13 on volume of 4.68m shares;
  • Coeur d’Alene (CDE) +0.26 (1.3%) to $20.01 on volume of 0.97m shares;
  • Silver Stand Resources (SSRI) +0.16 (1.3%) to $12.54 on volume of 0.41m shares; and
  • Silver Wheaton (SLW) +0.31 (1%) to $30.75 on volume of 1.93m shares.
Energy Complex

Energy futures performed as follows –

Energy Futures
Commodity Close Gain(Loss) %
Crude Oil 94.62 0.88 0.94
Heating Oil 3.0852 0.0506 1.67
Natural Gas 2.981 -0.085 -2.77
Gasoline RBOB 3.084 0.0826 2.75

The Oil Services index (OSX) dipped 0.41 points (0.18%) to 225.13 points. Total volume traded in the 15 components of the index was 45.17m shares. Decliners outpaced gainers by 1.4 to one, with 7 decliners to 5 advancers. Declining volume was greater than advancing volume by 36.55m to 8.62m shares. The main decliners (in percentage terms) were –

  • Weatherford International (WFT) -0.31 (2.5%) to $12.15 on volume of 8.77m shares;
  • Tidewater (TDW) -0.57 (1.2%) to $48.75 on volume of 0.35m shares;
  • Schlumberger (SLB) -0.6 (0.8%) to $73.87 on volume of 4.48m shares;
  • Halliburton (HAL) -0.27 (0.8%) to $34.58 on volume of 9.89m shares; and
  • Noble Corp (NE) -0.23 (0.6%) to $37.8 on volume of 1.45m shares.
Currency Futures

Currency futures performed as follows –

Currency Futures
Index Close Gain(Loss) %
U.S. Dollar Index 82.725 0.198 0.24
Euro FX 1.2293 -0.0042 -0.34

Bellwethers

The nine-stock group that makes up the Rant bellwethers advanced on average by 0.1%. The fallout occurred as follows:

  • General Electric (GE) +0.02 (0.1%) to $20.96 on volume of 28.57m units.
  • Citigroup (C) -0.03 (0.1%) to $28.74 on volume of 16.54m units.
  • Wal-Mart (WMT) +0.44 (0.59%) to $74.45 on volume of 7.72m units.
  • IBM (IBM) +0.11 (0.06%) to $198.40 on volume of 1.98m units.
  • Intel (INTC) -0.21 (0.79%) to $26.27 on volume of 25.96m units.
  • Cisco Systems (CSCO) +0.18 (1.05%) to $17.35 on volume of 50.46m units.
  • Google (GOOG) -1.12 (0.17%) to $667.54 on volume of 2.4m units.
  • Fannie Mae (FNM) -0 (0%) to $0.00 on volume of 0m units.
  • Freddie Mac (FRE) -0 (0%) to $0.00 on volume of 0m units.
Other Indices of Interest…

The Banks index (BKX) advanced 0.19 point s (0.41%) to 46.73 points. Total volume traded in the 24 components of the index was 172.48m shares. Advancers outpaced decliners by 4 to one, with 16 advancers to 4 decliners. Advancing volume exceeded declining volume by 123.82m to 40.08m shares. The biggest gainers (percentage-wise) were –

  • Zions Bancorp (ZION) +0.35 (1.9%) to $19.16 on volume of 1.8m shares;
  • Comerica Inc (CMA) +0.36 (1.2%) to $31.03 on volume of 0.9m shares;
  • Bank Of America (BAC) +0.09 (1.2%) to $7.87 on volume of 72.29m shares;
  • People’s United (PBCT) +0.135 (1.1%) to $12.04 on volume of 2.14m shares; and
  • BB&T Corp (BBT) +0.33 (1%) to $31.88 on volume of 2.1m shares.

The Semiconductor index (SOX) gained 2.36 points (0.59%) to 401.48 points. Total volume traded in the 18 components of the index was 120.68m shares. Advancers outpaced decliners by 4.3 to one, with 13 advancers to 3 decliners; however declining volume was greater than advancing volume by 60.63m to 60.05m shares. The biggest gainers (percentage-wise) were –

  • Sandisk (SNDK) +1.03 (2.5%) to $41.56 on volume of 5.31m shares;
  • Advanced Micro Devices (AMD) +0.07 (1.7%) to $4.19 on volume of 9.75m shares;
  • Texas Instruments (TXN) +0.42 (1.4%) to $29.9 on volume of 7.83m shares;
  • Marvell Technology (MRVL) +0.16 (1.4%) to $11.94 on volume of 8.7m shares; and
  • Teradyne (TER) +0.15 (1%) to $15.43 on volume of 1.08m shares.

The ChildKiller (“Defence”) index (DFX) rose 1.43 points (0.37%) to 385.3 points. Total volume traded in the 17 components of the index was 42.66m shares. Advancers outpaced decliners by 4.3 to one, with 13 advancers to 3 decliners. Advancing volume exceeded declining volume by 38.35m to 4.31m shares. The biggest gainers (percentage-wise) were –

  • Embraer Empresa (ERJ) +0.55 (2.1%) to $26.29 on volume of 0.74m shares;
  • Gencorp (GY) +0.11 (1.3%) to $8.8 on volume of 0.31m shares ;
  • Esterline Tech (ESL) +0.6 (1.1%) to $54.6 on volume of 0.08m shares;
  • United Technologies (UTX) +0.745 (1%) to $77.99 on volume of 2.94m shares; and
  • General Dynamics (GD) +0.41 (0.6%) to $64.2 on volume of 1.44m shares.

USRant for Tuesday, August 14th 2012

The following economic data was released during the session:

  • IBD/TIPP Economic Optimism for August 2012 was released in the US; the result was 45.6 a decline of 1.4 compared to the last data point (47) , which was lower than the market’s pre-release guess of 46.9.
  • Retail Sales “Control Group” for July 2012 was released in the US; the result was 0.9% rising 1.1 from the prior reading of -0.2% – above expectations of 0.5%.
  • Retail Sales Less Autos for July 2012 was released in the US; the result was 0.8% a gain of 1.6 from the prior reading of -0.8% – above the consensus estimate of 0.4%.
  • Producer Price Index m/m for July 2012 was released in the US; the series posted a reading of 0.3% adding 0.2 from the prior reading of 0.1% – above the market’s pre-release guess of 0.2%.
  • Producer Price Index Ex Food & Energy m/m for July 2012 was released in the US; the result was 0.4% an increase of 0.2 from the prior reading of 0.2% – above expectations of 0.2%.
  • Producer Price Index y/y for July 2012 was released in the US; the outcome was 0.5% dropping 0.2 compared to the last data point (0.7%) , in line with expectations of 0.5%.
  • Producer Price Index Ex Food & Energy y/y for July 2012 was released in the US; the outcome was 2.5% a decline of 0.1 compared to the last data point (2.6%) – above the market’s pre-release guess of 2.3%.
  • NFIB Small Business Optimism for July 2012 was released in the US; the series posted a reading of 91.2 declining 0.2 compared to the last data point (91.4) , which was lower than expectations of 91.6.
  • Business Inventories for June 2012 was released in the US; the result was 0.1% falling 0.2 compared to the last data point (0.3%) , which was lower than expectations of 0.2%.
  • Retail Sales Ex Auto & Gas for July 2012 was released in the US; the series posted a readin g of 0.9% an increase of 1.3 from the prior reading of -0.4% – above the consensus estimate of 0.5%.

Headline Indices

The Dow Jones Industrial Average finished the session at 13,172.14 points, a change of +2.71 points (0.02%) for the session.

The session high was 13,223.01 points, while the low was down at 13,142.10 points.

Total volume traded in the 30 components of the index was 433.3m shares. Decliners outpaced gainers by 1.1 to one, with 16 decliners to 14 advancers; however advancing volume exceeded declining volume by 240.35m shares to 192.95m. The biggest gainers (percentage-wise) were –

  • Home Depot (HD) +1.89 (3.6%) to $54.71 on volume of 19.39m shares;
  • AIG (AIG) +0.71 (2.1%) to $33.82 on volume of 22.79m shares;
  • Pfizer (PFE) +0.26 (1.1%) to $23.98 on volume of 21.25m shares;
  • Wal-Mart (WMT) +0.61 (0.8%) to $74.01 on volume of 6.6m shares; and
  • Bank Of America (BAC) +0.06 (0.8%) to $7.78 on volume of 1 00.25m shares.

 

The S&P500 Index fell 0.18 points (0.01%) to 1403.93 points..

Total volume traded in the 500 components of the index was 1.87bn shares. Decliners outpaced gainers by 1.4 to one, with 257 decliners to 183 advancers. Declining volume was greater than advancing volume by 1.04bn to 796.41m shares. The main decliners (in percentage terms) were –

  • Electronic Data Systems (EDS) -0.32 (14.2%) to $1.93 on volume of 0.1m shares;
  • Ciena Corp. (CIEN) -1.25 (7%) to $16.65 on volume of 11.22m shares;
  • Juniper Networks (JNPR) -0.85 (4.5%) to $18.07 on volume of 12.26m shares;
  • EMC Corp. (EMC) -1.03 (3.9%) to $25.71 on volume of 22.08m shares; and
  • JDS Uniphase Corp. (JDSU) -0.38 (3.4%) to $10.68 on volume of 10.29m shares.

The Nasdaq Composite slid 5.54 points (0.18%) to 3016.98 points. while the Nasdaq100 dropped 0.89 points (0.03%) to 2727.79 points..

Total volume traded in the 100 components of the index was 526.17m shares. Decliners outpaced gainers by 2 to one, with 59 decliners to 30 advancers. Declining volume was greater than advancing volume by 332.02m to 194.15m shares. The main decliners (in percentage terms) were –

  • Research in Motion (RIMM) -0.51 (6.3%) to $7.56 on volume of 16.3m shares;
  • Check Point Software Technologies (CHKP) -2.77 (5.5%) to $47.94 on volume of 3.53m shares;
  • Juniper Networks (JNPR) -0.85 (4.5%) to $18.07 on volume of 12.26m shares;
  • Expedia (EXPE) -1.52 (2.8%) to $52.31 on volume of 3.25m shares; and
  • Broadcom (BRCM) -0.7 (2%) to $34.41 on volume of 5.26m shares.

Volatility

The CBOE Volatility Index gained +1.10 points (8.03%) to 14.80 points. and the CBOE Nasdaq100 Volatility Index gained +0.90 points (6.22%) to 15.38 points..

Breadth and Internals

A total of 3199 issues traded today on the NYSE; today’s total volume was 2.73bn shares. A total of 1512 stocks posted gains for the day, and volume in advancing issues totalled 1.26bn shares. Exerting downwards pressure on the index were 1571 losers, which accounted for a total declining volume of 1.41bn shares. 140 stocks made new 1-year highs on the NYSE, while 21 shares plumbed new 52-week depths.

On the Nasdaq 2586 tickers traded today; total Nasdaq volume was 1.53bn shares. A total of 934 stocks posted gains for the day, with aggregate volume of 0.56bn shares changing hands in the day’s winners. The red zone of the Nasdaq exchange comprised 1539 losers, and total declining volume was 0.96bn shares. 57 Nasdaq-listed stocks hit new 52-week highs, while 40 s hares dipped to new 1-year lows.

Major Market Statistics
Index Close Gain(Loss) %
Dow Jones Industrial Average 0.00 N/A 0%
S&P500 Index 1403.93 -0.18 -0.01%
Nasdaq Composite 3016.98 -5.54 -0.18%
Nasdaq100 2727.79 -0.89 -0.03%
CBOE Volatility Index 14.80 +1.10 8.03%
CBOE Nasdaq100 Volatility Index 15.38 +0.90 6.22%

Dow Darlings

  • Home Depot (HD) +1.89 (3.6%) to $54.71 on volume of 19.4m units
  • Pfizer (PFE) +0.26 (1.1%) to $23.98 on volume of 21.3m units
  • Wal-Mart (WMT) +0.61 (0.8%) to $74.01 on volume of 6.6m units
  • Bank Of America (BAC) +0.06 (0.8%) to $7.78 on volume of 100.3m units
  • United Technologies (UTX) +0.31 (0.4%) to $77.78 on volume of 2.9m units

Dow Duds:

  • Alcoa (AA) -0.14 (1.6%) to $8.69 on volume of 11m units
  • Hewlett-Packard (HPQ) -0.26 (1.3%) to $19.36 on volume of 16.1m units
  • Caterpillar (CAT) -0.74 (0.8%) to $87.87 on volume of 5m units
  • Intel (INTC) -0.21 (0.8%) to $26.48 on volume of 27.1m units
  • Boeing (BA) -0.38 (0.5%) to $73.81 on volume of 2m units

Most Traded Dow stocks:

  • Bank Of America (BAC) +0.06 (0.8%) to $7.78 on volume of 100.3m units
  • Microsoft (MSFT)-0.06 (0.2%) to $30.13 on volume of 34.3m units
  • General Electric (GE)-0.05 (0.2%) to $20.94 on volume of 28.2m units
  • Intel (INTC)-0.21 (0.8%) to $26.48 on volume of 27.1m units
  • Pfizer (PFE) +0.26 (1.1%) to $23.98 on volume of 21.3m units
Precious Metals

Preci ous metals futures performed as follows –

Precious Metals Futures
Commodity Close Gain(Loss) %
Gold 1602.4 -10.2 -0.63
Silver 27.847 -0.004 -0.01
Palladium 578.4 3.7 0.64
Platinum 1399.1 6.3 0.45

The Gold Bugs index (XAU) declined 1.06 points (0.68%) to 154.99 points. Total volume traded in the 16 components of the index was 38.57m shares. Decliners outpaced gainers by 15 to one, with 15 decliners to 1 advancers. Declining volume was greater than advancing volume by 37.61m to 0.96m shares. The main decliners (in percentage terms) were –

  • Silver Stand Resources (SSRI) -0.32 (2.5%) to $12.38 on volume of 0.5m shares;
  • AngloGold Ashanti (AU) -0.82 (2.4%) to $33.91 on volume of 1.06m shares;
  • Pan-American Silver (PAAS) -0.26 (1.7%) to $15.38 on volume of 0.88m shares;
  • Freeport McMoran (FCX) -0.47 (1.3%) to $35.01 on volume of 8.7m shares; and
  • Newmnt Mining (NEM) -0.58 (1.2%) to $46.34 on volume of 2.84m shares.
Energy Complex

Energy futures performed as follows –

Energy Futures
Commodity Close Gain(Loss) %
Crude Oil 93.74 0.71 0.76
Heating Oil 3.0346 0.0163 0.54
Natural Gas 3.066 0.078 2.61
Gasoline RBOB 3.0014 0.0107 0.36

The Oil Services index (OSX) fell 1.14 points (0.5%) to 225.54 points. Total volume traded in the 15 components of the index was 46.96m shares. Decliners outpaced gainers by 5 to one, with 10 decliners to 2 advancers. Declining volume was greater than advancing volume by 29.74m to 17.22m shares. The main decliners (in percentage terms) were –

  • Baker Hughes (BHI) -0.68 (1.4%) to $47.31 on volume of 2.77m shares;
  • Schlumberger (SLB) -0.73 (1%) to $74.47 on volume of 4.99m shares;
  • Noble Corp (NE) -0.36 (0.9%) to $38.03 on volume of 1.68m shares;
  • Transocean Inc (RIG) -0.39 (0.8%) to $47.86 on volume of 1.67m shares; and
  • Rowan Co (RDC) -0.24 (0.7%) to $35.16 on volume of 0.8m shares.
Currency Futures

Currency futures performed as follows –

Currency Futures
Index Close Gain(Loss) %
U.S. Dollar Index 82.56 0.074 0.09
Euro FX 1.2335 -0.0003 -0.02

Bellwethers

The nine-stock group that makes up the Rant bellwethers declined on average by 0%. The fallout occurred as follows:

  • General Electric (GE) -0.05 (0.24%) to $20.94 on volume of 28.2m units.
  • Citigroup (C) -0.01 (0.03%) to $28.77 on volume of 22.53m units.
  • Wal-Mart (WMT) +0.61 (0.83%) to $74.01 on volume of 6.6m units.
  • IBM (IBM) -0.72 (0.36%) to $198.29 on volume of 2.32m units.
  • Intel (INTC) -0.21 (0.79%) to $26.48 on volume of 27.11m units.
  • Cisco Systems (CSCO) -0.17 (0.98%) to $17.17 on volume of 39.48m units.
  • Google (GOOG) +8.65 (1.31%) to $668.66 on volume of 3.65m units.
  • Fannie Mae (FNM) -0 (0%) to $0.00 on volume of 0m units.
  • Freddie Mac (FRE) -0 (0%) to $0.00 on volume of 0m units.
Other Indices of Interest…

The Banks index (BKX) dropped 0.01 points (0.02%) to 46.54 points. Total volume traded in the 24 components of the index was 219.81m shares. Decliners outpaced gainers by 1.5 to one, with 12 decliners to 8 advancers; however advancing volume exceeded declining volume by 145.02m shares to 63.53m. The main decliners (in percentage terms) were –

  • State Street (STT) -0.57 (1.4%) to $41.22 on volume of 2.73m shares;
  • Capital One Financial (COF) -0.46 (0.8%) to $55.13 on volume of 2.75m shares;
  • Fifth Third Bancorp (FITB) -0.075 (0.5%) to $14.245 on volume of 6.7m shares;
  • US Bancorp (USB) -0.16 (0.5%) to $33.02 on volume of 4.68m shares; and
  • Comerica Inc (CMA) -0.13 (0.4%) to $30.67 on volume of 0.87m shares.

The Semiconductor index (SOX) dipped 3.29 points (0.82%) to 399.12 points. Total volume traded in the 18 components of the index was 123m shares. Decliners outpaced gainers by 4.3 to one, with 13 decliners to 3 advancers. Declining volume was greater than advancin g volume by 112.16m to 10.84m shares. The main decliners (in percentage terms) were –

  • Advanced Micro Devices (AMD) -0.14 (3.3%) to $4.12 on volume of 12.58m shares;
  • Micron Technology (MU) -0.165 (2.5%) to $6.55 on volume of 27.31m shares;
  • Broadcom (BRCM) -0.7 (2%) to $34.41 on volume of 5.26m shares;
  • Marvell Technology (MRVL) -0.21 (1.8%) to $11.78 on volume of 12.79m shares; and
  • Altera (ALTR) -0.64 (1.7%) to $36.08 on volume of 2.93m shares.

The ChildKiller (“Defence”) index (DFX) dropped 0.47 points (0.12%) to 383.87 points. Total volume traded in the 17 components of the index was 41.82m shares. Decliners outpaced gainers by 2 to one, with 10 decliners to 5 advancers. Declining volume was greater than advancing volume by 34.72m to 6.63m shares. The main decliners (in percentage terms) were –

  • Rockwell Collins (COL) -0.56 (1.1%) to $49.23 on volume of 0.76m shares;
  • ITT Corporation (ITT) -0.19 (0.9 %) to $20.54 on volume of 0.69m shares;
  • Alliant Tech (ATK) -0.41 (0.8%) to $50.2 on volume of 0.29m shares;
  • Boeing (BA) -0.38 (0.5%) to $73.81 on volume of 2.01m shares; and
  • Northrop Grummanl (NOC) -0.31 (0.5%) to $68.36 on volume of 0.71m shares.