Walmart-Gate, Dutch-Gate, Netflix-Gate, Exit-Gate!

This could be the “exit gate” but probably not.  Over the weekend, the New York Times released a blockbuster story about Walmart’s (WMT) alleged massive cover-up of serious violations of the U.S. Foreign Corrupt Practices Act involving more than $24 million dollars in bribes to accelerate store openings and bypass permit and zoning practices.  The stock was down 4.55% today, at $59.54.

david / Tag: ATU, EWP, HUM, IEV, NFLX, POL, RLJ, S&P 500, SPY, VGK, WMT / 0 Comments

Here we are again wondering what the market wants.  Today, it clearly wasn’t Technology stocks, as various issues dragged both Apple (AAPL) and Google (GOOG) lower.

david / Tag: AAPL, CHMT, DAL, DFS, EWP, financials, GOOG, HFC, IEV, JPM, S&P 500, STX, technology, VGK, WFC / 0 Comments

Last Monday was a banner day for most indices with S&P 500 hitting at new 46-month high of 1422.  Alas, a week later, today, it closed at 1382, down nearly -3%.  The NASDAQ and DJIA exhibited similar behavior.

david / Tag: BOFI, EWP, F, FCX, IEV, VGK, WNR / 0 Comments

Let Sleeping PIIGS Lie

by Daniel Sckolnik of ETF Periscope

“If to do were as easy as to know what were good to do, chapels had been churches, and poor men's cottages princes' palaces.” ~ William Shakespeare

daniel / Tag: COMP, DJIA, Dow Jones Industrial Average, EIRL, EWG, EWI, EWP, NASDAQ, PIIGS, S&P 500, SPX / 0 Comments

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