Thursday, June 9, 2016
THURSDAY CLOSE .... MARKET DOWN 19--16--3
WTI under $51, Brent under $52. US natgas $2.60 (up 30% recently).
World Bank cut global growth forecast for this year to 2.4% from 2.9%. Cut US, Japan. India growing at 7.6%, China at 6.7%. Russia, Brazil still contracting. Venezuela contracting at 8% (little to no food in stores).
Obama endorsed Clinton.
Burger King shareholders rejected pledge to add women to board.
Green seersucker suits for summer the word on the runway.
(stock #s in %; new highs/lows over last 12 months):
AWSL up 18. (Report not inspiring.)
CABN up 17.
CERE up 17 with extreme volume.
BSRC, ESPH up 7.
NANX up 7, new high.
URRE up 6 with extreme volume.
AVAV up 1, new high with volume.
OLED flat, new high.
BOPO down 33 on 500 shares.
GEVO down 27 with extreme volume, new news.
NGLPF down 19 with heavy volume.
FCEL down 16 with very heavy volume after reporting.
VSPC down 13.
NFEC down 12.
ZNNMF down 12 with volume.
LYSDY, ZAAP down 9.
ULBI down 8.
CBAK, NTCXF, PRHL down 7.
RGSE down 6 with volume.
HQCL down 6.
ENPH down 5.
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