Good morning traders!

In the US Friday, the Dow rose 44 points at 12,273, the Nasdaq added 19 points at 2,809
and the S&P500 gained 7 points at 1,329.

In Asia today, the Nikkei was recently up 117 points at 10,723, while the Hang Seng ended
the morning ahead 244 points at 23,073.

Crude oil traded at $85.58 a barrel on Nymex.

Gold settled at $1,359 an ounce.

Happy Monday!

G.

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBPUSD
GBPEUR	NYMEX CRUDE	GOLD

AAL Morgan Stanley: reiterated equal weight, tp reiterated 3800
AQP Goldman: initiated neutral, tp 480
ARM Goldman: reiterated buy, tp raised to 800 from 700
ARM Morgan Stanley: reiterated overweight
AVV Jeffries: downgraded to hold from buy
BARC Citigroup: reiterated hold
BG. HSBC: reiterated overweight, tp raised to 1835 from 1760
BG. ING: reiterated buy, tp raised to 1750 from 1635
BLT Citigroup [HB]: reiterated buy, tp reiterated 2700
BLT UBS: reiterated buy, tp reiterated 2700
CAL JPMorgan: overweight, tp raised to 43 from 39
CSCG JPMorgan: underweight, tp raised to 410 from 380
CSR UBS: reiterated buy, tp raised to 530 from 390
CWC UBS: downgraded to sell from neutral, tp cut to 40 from 59
HL. Morgan Stanley: reiterated overweight, tp raised to 703 from 605
HWDN UBS: reiterated buy, tp raised to 145 from 135
IAG UBS: reiterated buy, tp cut to 290 from 360
ISYS Morgan Stanley: overweight, tp 350
LMI Goldman: upgraded to neutral from sell, tp cut to 2100 from 2135
PAG RBS: buy, tp raised to 220 from 200
WEIR UBS: reiterated buy, tp reiterated 1900

Midday Market Overview

Hirco's agm was one of the scheduled items today. Turned out to include a stinker of a statement. Difficult to believe the price won't plunge a lot further yet. I remain short.

agm statement

End-of-day Market Overview