May 29, 2012

Futures Flat Preceding Housing Data; KB Home, Nike, and Ohio Art Co. in Focus

The Dow Jones Industrial Average (DJIA) is headed toward a toned start this morning, as Wall Street preps for a final round of housing data amid concerns of any slowing Chinese economy. Specifically, futures to the DJIA are trading roughly a place above fair value, while Nasdaq and S&P 500 Index (SPX) futures are trading half an area and 4.2 points above fair value, respectively.In equities news, KB Home (KBH) shares have plunged around 16% in premarket trading replying on the company’s narrowed first-quarter loss. Specifically, KBH testified that losses narrowed to $45.8 million, or 59 cents per Nike Free Run Dame share, originating from a damage to $114.5 million, or $1.49 per share, in 2009. Revenue rose to $254.6 000 0000, from $196.9 million. However, final results still missed Wall Street’s expectations for your decrease in 24 cents per share. "We expect the fact that the housing marketplace will gradually strengthen to be the economy continues to advance,” KB Home said.Elsewhere, Nike(NKE) shares are marginally higher prior to the open, following your company posted a third-quarter profit of $1.20 per share. Revenue rose 15% to $5.85 billion. Analysts were expecting earnings of $1.17 per share on sales of $5.82 Free run billion.Finally, The Ohio Art Company‘s (OART) classic Etch A Sketch today was released back into the mainstream after the comment by Eric Fehrnstrom, certainly one of Republican presidential front-runner Mitt Romney‘s top advisors. Specifically, Fehrnstrom said that this year’s race may very well be changed and shaken up, similar to the classic toy. "Everything changes,” he was quoted saying on CNN, "It’s the same as an Etch A Sketch. You may sorts of shake up and in addition we start yet again.”While OART shares, which trade inside pink sheets, have surged above 141% following a remark, Romney has Nike Free 3.0 V3 Herre found himself a potentially damning label on the sort of John Kerry’s "flip flopper” and Dan Quayle’s "potatoe.”Options volume was brisk on Thursday, you will discover over 4 million contracts trading over the Chicago Board Options Exchange (CBOE). Put volume had the top hand make certain that, with 2.2 million of such typically bearish bets crossing the tape, as opposed to 1.9 million calls. Overall, the single-session put/call volume ratio arrive at 1.11, its highest reading all this time this coming year. For reference, the ratio’s 10-day and 20-day moving averages came to 0.90 and 0.93, respectively.Index puts Nike Free 3.0 Anti fur Herre were seriously popular yesterday, sending the single-session CBOE index put/call volume ratio to.70 - the greatest reading since January 24, well above its 10-day (1.2 and 20-day (1.32) moving averages.Finally, put volume also spiked around the CBOE Market Volatility Index (VIX) on Thursday. The VIX’s single-session CBOE put/call volume ratio climbed to its highest reading per week. The VIX rose by nearly 3%, at the same time the foremost market indexes dipped by about 0.5% across the board. The index remains trapped beneath its 50-day moving average plus the 16 level, which provided a floor for your VIX in February. It is composed by sophie 05.29.2012 Nike Free Run online store offers you the Nike Free shoes cheap, buy our premium selection of Nike Free Run Women's online now for great prices!

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