| Stocks end mixed amid economic jitters
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Ross Rennie handed his chance after freak accident rules out Barclay
F Thomson (Glasgow), G Kerr (Edinburgh), J Hamilton (Leicester), R Rennie (Edinburgh), C Cusiter (Perpignan), D Parks (Glasgow), N De Luca (Edinburgh). Italy ring changes Andrea Marcato stands in for David Bortolussi, the injured full back, in the Italy team to face Wales in Cardiff on Saturday. Marcato, normally a fly half, will add to his tally of four caps. Salvatore Perugini wins his 50th cap at prop in place of Andrea Lo Cicero. Simon Picone, the scrum half, has been rewarded for his solid performance against England and will start against Wales ahead of Pietro Travagli. A Marcato (Treviso); A Sgarbi (Treviso), G Canale (Clermont Auvergne), Mirco Bergamasco (Stade Français), E Galon (Overmach Parma); A Masi (Biarritz), S Picone (Treviso); S Perugini (Toulouse), L Ghiraldini (Calvisano), M Castrogiovanni (Leicester), S Dellape (Biarritz), C A Del Fava (Ulster), J Sole (Viadana), Mauro Bergamasco (Stade Français), S Parisse (Stade Français, captain).
Strong Session Ends Near Highs
The 7% stumble drove shares well-below their 200-day moving average. CVS Caremark (CVS) staged a powerful gap up, adding 2.60 to 38.62 in fast trade. The pharmacy chain reported Q4 earnings above views, boosted by widening margins on both its pharmacy and retail sides. The company also cited benefits of scale from its acquisition last year of heavyweight Caremark. Management also halved its original estimates for a $2 billion loss in government contracts in 2008 related to the Caremark acquisition. The 7% jump pushed the stock above its 200-day line, and now is trying to regain its 50-day line. 11:15 a.m. Update: Stocks Rise Off Lows After Early Sled Ride By ALAN R. ELLIOTT Stocks climbed off their early lows as investors digested a heavy dose of earnings reports and economic data.
US Commodities: Gold Up; Platinum Soars; Wheat Down Sharply
In grains trading, most wheat futures closed sharply lower Monday after the exchanges increased margins and daily trading limits and index funds began to roll positions out of nearby contracts, traders and analysts said. Minneapolis Grain Exchange March and May wheat were the exceptions, with the March contract soaring to the new, daily exchange-imposed limit of 60 cents. MGE May wheat ended slightly below limit-up. Chicago Board of Trade March wheat fell 45 cents to $10.48 per bushel. Kansas City Board of Trade March wheat dropped 56 1/2 cents to $10.83 3/4, and MGE March wheat surged 60 cents to $16.13. Activity was volatile after all three exchanges said late Friday they would raise their daily trading limits to 60 cents from 30 cents, effective Sunday.
Honest Money Gold and Silver Report: Market Wrap
Gold had a tough week getting hit hard for a loss of $35.60, closing the week out at $789.10 (-4.32%). The chart below shows gold testing its bottom trend line; which it is sitting directly on top of. Next is a point and figure chart of gold. Overall, it remains quite bullish, with a projected target of $960.00. However, it also shows a high pole warning on November 28th. A high pole warning is signaled when a previous high is broken above by at least 3 boxes, but then reverses and gives back at least half of the rise. The chart below suggests that lower prices may be coming. Next week will be important for gold, as it is sitting right on support, which if broken below will become resistance. The warning is indicating that as the price of gold rose, sellers sold into the rise more than buyers were willing to buy, thus creating the reversal.
Mike Luckovich
Gold chains. Tennis bracelets. iPods. Computers. Big-screen flat TVs. -Whiny Times}}}} It looks to me like the same losers that have failed in this booming economy also seem to have a bling problem. They see bling, they buy bling. With a credit card no doubt. Will Ku Klux Rodham freeze the bling payments for these dimwits? .
Stocks Cede Early Gains
Stocks in the U.S. started the session higher Friday, but the major averages slipped into the red and closed with losses as investors lightened up on some of their recent buys ahead of next week's earnings and Federal Reserve meeting. The Dow Jones Industrial Average dropped 171.44 points, or 1.38%, to 12,207.17, and the S&P 500 was off 21.46 points, or 1.59%, at 1330.61. The Nasdaq Composite was off 34.72 points, or 1.47%, to 2326.20. Despite the decline, blue chip indices ended the holiday-shortened week ahead. The Dow tacked on 0.9% for the week, and the S&P 500 added 0.4%. The Nasdaq lagged, losing 0.6% for the week after a near 20% drop in shares of Apple AAPL. "The big question is if this is a short-term correction in a bear market or are we still in a volatile bull market," said Art Hogan, chief market analyst with Jefferies.
How BI can help IT win over the board
But analysing the information to throw out new insights will be a relatively new activity for most IT shops. Nevertheless, applying analytics to IT logs can provide useful insights, says Frank Buytendijk, vice president of corporate strategy at business intelligence tools vendor Hyperion. One example: administrative software throws up detailed reporting on the memory and processing loads of various servers. Many companies might simply check the logs to ensure that no critical overloading occurred but with business intelligence tools, they could find out how much capacity was left unused on average across the entire range of servers. This information could be used as the basis for a virtualisation and consolidation strategy, for example. That's fine in theory but "in many cases the cobblers' children go barefoot", says Buytendijk.
Transcript of GOP debate at Reagan Library
I think we went on a spending spree that, frankly, betrayed Ronald Reagan's principles about tax cuts and restraint of spending. COOPER: Let me just give the question now to Senator -- I'm going to ask everyone. So, Governor Huckabee, if you can, briefly: Are we better off than we were eight years ago? FORMER ARKANSAS GOV. HUCKABEE: I don't think we are. And the real issue, though, let's not blame President Bush for all of this. We've got a Congress who sat around on their hands and done nothing but spend a lot of money and they're spending, leaving us $9 trillion in debt that we're passing on to our grandchildren. I don't blame the president solely for that. So I think if we're asking is George Bush responsible for all this, no. But are we better off? Well, let's look at some factors.
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