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Peter Grandichs Latest Market Update

2008-11-19 18:48:10| GoldSeek.com News

Sorry to say it but the U.S. stock market is getting uglier. The bounce off of the October lows has been feeble while breath is far uglier on down days versus up. Meanwhile, the fundamental news is getting worse. I believe Paulsons switch from using the bailout monies to buy up toxic mortgages to ejecting it into banks, has been perceived as a slap in the face to Congress and that he continues to be flying by the seat of his pants.

Tags latest market update peter

 
U.S Market Update

2008-11-19 17:55:04| FXstreet.com The Foreign Exchange Market

- US equity indices are making fresh lows, bringing last week's intra-day lows back into play following record lows in new building permits and the first negative CPI reading since 1982, raising the ugly specter of deflation. Initially Treasury yields rebounded following the CPI data the 10-year yield has since moved back to lows approaching 3.4%. The two-year traded at its lowest level since 2003 before firming. Better buying remains at the long end of the curve though, as curves both here

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Chemical Financial initiated with "market perform"

2008-11-19 17:30:36| newratings.com Newsticker

NEW YORK, November 19 (newratings.com) - Analysts at Keefe Bruyette initiate coverage of Chemical Financial Corporation (ticker: CHFC) with a "market perform" rating. [more]

Tags market financial perform chemical

 
Louisiana-Pacific upgraded to "market perform"

2008-11-19 17:30:36| newratings.com Newsticker

NEW YORK, November 19 (newratings.com) - Analysts at BMO Capital Markets upgrade Louisiana-Pacific (ticker: LPX) from "underperform" to "market perform." [more]

Tags market perform upgraded

 
First Solar "market perform," target price reduced

2008-11-19 17:30:36| newratings.com Newsticker

NEW YORK, November 19 (newratings.com) - Analysts at Friedman Billings reiterate their "market perform" rating on First Solar Inc (ticker: FSLR). The target price has been reduced from $170 to $120. [more]

Tags price market target reduced

 

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