Good morning traders!

In the US last night, the Dow rose 38 points at 12,395, the Nasdaq added 15 points at
2,761 and the S&P500 gained 4 points at 1,320.

In Asia today, the Nikkei was recently up 123 points at 9,546, while the Hang Seng ended
the morning ahead 110 points at 22,858.

WTI crude oil traded at $101.53 a barrel and gold settled at $1,529 an ounce.

Happy trading!

G.

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

AVV Goldman: reiterated conviction buy, tp reiterated 2500
BLND UBS: reiterated neutral, tp cut to 610 from 620
BP. UBS [HB]: reiterated buy, tp reiterated 550
BVIC JPMorgan: reiterated overweight
CGL UBS: reiterated buy, tp reiterated 480
CWC Goldman: neutral, tp cut to 52 from 57
CWC JPMorgan: reiterated neutral, tp cut to 48 from 54
DGE JPMorgan: reiterated underweight
ETI UBS: upgraded to neutral from sell, tp cut to 80 from 85
HSBA Nomura: reiterated neutral, tp reiterated 725
HSV Citigroup: reiterated sell, tp raised to 454 from 396
LAND Goldman: reiterated conviction buy, tp raised to 952 from 892
LAND JPMorgan: reiterated overweight, tp raised to 925 from 875
LAND UBS: reiterated neutral, tp raised to 840 from 800
LRE JPMorgan: reiterated overweight, tp raised to 757 from 720
MAB Morgan Stanley: reiterated equal weight, tp cut to 330 from 370
PAG JPMorgan: reiterated overweight
SHB JPMorgan: reiterated neutral

25 May'11 - 15:36 - 12601 of 12671 Techmark


Nothing to do with the shorts. Buyers set the price of an asset.

Don't worry about shorters, techmark says they can not bring the SP down. LOL

Is this right shorters do not move the sp

End-of-day Market Overview