Thursday, June 3, 2010

MIDDAY

(stock #'s in %)

Manufacturing for May came in a disappointment, retail sales ditto, but service sector up. Blah. Fitch the first to downgrade BP after BP already down what, 40%?, since the blowup. Does that say anything about the anal-ists? And the ump blew the guy's perfect game with a bad call. Boy can it get any worse?

HLXW up 90. Was 100 when I started to write, then went to down 62 while I wrote. They put the news out early this morning about protecting their vertical axis wind turbine tech patents, but I didn't think it was THIS big a deal or I would have given ye heds up.

EVSO up 35. They put out news this morning too touting new PV electrodes for 12% more efficiency. Only they were just reporting on a bunch of Stanford students who came up with it. You think traders are starved for news? Or it's just the old manipulators getting better? Really.

EVCA up another 22, maybe 50% last 2 days. Hay, there's trading money to be made.

FCEL up 21. A contract with PG&E. Not that big. But any news is a goldmine. OK, some confirmation that they're alive too, I don't know.

ECOS up 11. Cuz. NWPZ up 12 now. ECNG up 6. BSRC up 5. Dow down 40 points now. MDTL down 12. PSRU back down 8. BWEN down 7. Dow now down 56.

O yea, US national debt went over $13T. Happy trails.

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