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Stock Market History on 2010-06-27 (27 June 2010 ) |
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| Italian Stock Exchange Tweaks Trading Hours From June 28 | |
| It is going to be an ugly day for BP longs. BP stock has crashed in early trading in London, dropping as much as 8% at one point to 296p. It has subsequently recouped some of the losses and last was off "only" 4%. Reasons for the plunge include new bankruptcy rumors, concerns about hurricanes in the Gulf region (that took a while), and general worries about "fat tail" events as a trader told us. | |
| Make use of rallies to short the stock while maintaining tight stop-loss at Rs 292 levels. The stock dived 3 per cent conclusively closing below its 50-day moving average on Friday. We recommend a sell in ICICI Bank. | |
| Stock futures are lower after the economy grew at a slower pace than thought for the first three months of the year. | |
| Stock index futures rose on Friday as investors digested a historic agreement by . lawmakers to overhaul financial regulations and awaited final readings on gross domestic product and consumer sentiment. | |
| Stock futures slipped Friday after lawmakers agreed on a financial regulation bill and the government lowered its estimate on how fast the economy grew in the first quarter. | |
| Stock index futures pointed to a weaker open on Wall Street on Friday, with futures for the S&P 500 down percent, Dow Jones futures down percent and Nasdaq 100 futures falling percent by 0939 GMT. | |
| The stock market headed to a higher opening Friday as investors showed a mildly upbeat reaction to news that congressional negotiators had agreed on a financial regulation bill. | |
| THE MAIN stock index climbed by 18 points in the last trading day of the week, breaking a three-day slide. | |
| Beware of the dangers involved in these strategies and roadblocks. |
Economic Calendar
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| 28 Jun | Dallas Fed Trimmed PCE | USA | May | - | - | 0.7 | | 28 Jun | HICP pre mm(approx time) | Germany | Jun | - | 0.2 | 0.1 | | 28 Jun | CPI pre mm (approx time) | Germany | Jun | - | 0.1 | 0.1 | | 28 Jun | HICP pre yy(approx time) | Germany | Jun | - | 1.0 | 1.2 | | 28 Jun | CPI pre yy (approx time) | Germany | Jun | - | 1.0 | 1.2 | | 28 Jun 23:50 | Retail sales | Japan | May | - | 4.6 | 4.9 | | 28 Jun 08:00 | Money-M3 3m moving av | Euro | May | - | - | -0.2 | | 28 Jun 08:00 | Money-M3 annual grwth | Euro | May | - | 0.3 | -0.1 | | 28 Jun 08:00 | Money - Private loans | Euro | May | - | 0.2 | 0.1 | | 28 Jun 12:30 | Personal income mm | USA | May | - | 0.5 | 0.4 | | 28 Jun 12:30 | PCE price index yy | USA | May | - | - | 2.0 | | 28 Jun 12:30 | Core PCE price index yy | USA | May | - | - | 1.2 | | 28 Jun 12:30 | National Activity Index | USA | May | - | - | 0.29 | | 28 Jun 12:30 | Personal consump real mm | USA | May | - | - | 0.0 | | 28 Jun 12:30 | PCE price index mm | USA | May | - | - | 0.0 | | 28 Jun 12:30 | Core PCE price index mm | USA | May | - | 0.1 | 0.1 | | 28 Jun 12:30 | Consumption, adjusted mm | USA | May | - | 0.1 | 0.0 | | 28 Jun 16:00 | Midwest manufacturing | USA | May | - | - | 85.2 |
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