(stock #'s in %)
Market down 68/14/7. Volume normal. Oil down 2 dimes.
Shiller says housing might fall another 10-25% next few yrs. Already fallen more than in depression. But it was way high. He also says stocks are 40% overvalued. Nothing but good news from this guy, huh?
US industrial production rose less than expected in May (.1%) from slump in utility output (it was Spring - no heat, no AC) and parts shortages from Japan. Better numbers expected in 2H.
LEXG up another 14. NENE up another 11. APWR up 9. Might want to get on board. HEV, AFPW up 8. HYGS up 6. UBRG up 2.
SPWRA down 14 on Total's closing. VUOC down 11. QTWW, IFXY down 9. NPWZ down 7. CREE down 4, new low.
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