Saturday, January 16, 2016

FRIDAY CLOSE .... MARKET DOWN 391/126/41 .... AUG-SEPT LOWS TECHNICALLY HELD .... WORST 1ST 2 WEEKS OF YEAR EVER

WTI, Brent under $30. US natgas $2.10.

China GDP up ~7% in '15. (Now over $10T.) Services now ~50%.

Global econ can't withstand 4 Fed rate hikes this year: Summers.

Euro-area stocks now in bear territory.

S&P cut Poland rating.

Iran freed 4 dual nationals, reportedly 2 Americans.

Al Qaeda claims Burkino Faso hotel attack.

N Korea calling for peace treaty.

Taiwan 1st woman president.

Bird flu in Indiana poultry.

IRS now to audit last 6 years, up from 3.

(stock #s in %):

ZNNMF up 21. PRHL up 13. AMSC up 10. MKTY up 9.

New lows:

QTWW down 10. GEVO, FTEK down 7. FSYS, FCSMF, MGPHF down 6. AIXG, CLNE (with volume), GLBL, HYGS down 5. ENOC down 4. FCEL, PEGI (with volume) down 3. ACPW, PLUG, OPTT, SZYM (with news) down 2. MYRG down 1.

CABN down 15 with heavy volume. ADES down 14. ACFN, VSPC down 13. BBLU down 11 with volume. GPHBF down 11. OLED down 9 with volume, news. VWDRY down 7 with volume. CSIQ, HQCL down 7. JASO down 6. SCTY down 5.

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