Heading into the weekend, the selling is intensifiying.
Indices are down, and anyone associated with Deepwater is getting hammered again.
The Risk Trade Is Off — everything from stocks to commodities to risk currencies are accelerating to the downside.
There’s huge activity today trading BP’s potential success and anything related to Europe’s continued blank check from China. Commodities also charging.
“Top Kill” Success? BP up 7.1%
“Top Kill” Success? Transocean (RIG) up 6.9%
Crude Oil: Surging higher up 4.08%…
Earnings season is upon us, and the analyst expectations bar has been rising well ahead of it.
While many companies might be able to beat their earnings forecasts yet again, pay close attention to this bunch.
These are large cap…