Market Recap: Goodbye Grasshopper

[youtube=http://www.youtube.com/watch?v=5E0WHDMrL_U]

The Reformed Broker, AKA Beatrix Kiddo, here with today’s Market Recap

Yet another meltup today as the banks led the charge.  James Cramer of TheStreet.com believes that Bank of America (BAC) is the most important tell in this market right now because of it’s mortgage exposure, mutual fund manager attraction and all of their other real estate-related business. 

Dougie Kass has repeatedly mentioned that BAC (along with Suntrust – STI) is his favorite bank stock as well.

Elsewhere, the infrastructure plays and heavy construction names were up nicely all day.  Here’s the 3:15 look at the group:

Industry Top Performers

Intraday Price Performance % Change Market Cap
Fluor Corp. (New) [FLR] +7.15% $8.6 B
MYR Group, Inc. [MYRG] +6.23% $392.3 M
Foster Wheeler AG. [FWLT] +4.52% $3.4 B
Dycom Industries, Inc. [DY] +2.92% $453.6 M

Sadly, we say goodbye to actor David Carradine, who was found dead in a hotel room in Bangkok.   The above clip is from Kill Bill.  He could act and do Kung Fu.  Godspeed Grasshopper.

Thanks for reading today, I’m off to the set of Fox Business Channel‘s Happy Hour at the Waldorf’s Bull & Bear bar in midtown.  Tune in tomorrow!

Full Disclosure: No positions mentioned.  My commentary here is strictly a recap of today’s market commentary, do not trade based on anything you read here.

What's been said:

Discussions found on the web
  1. unicvv commented on Sep 17

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  2. eatverts.com commented on Sep 24

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  3. Dumps With Pin Shop commented on Sep 27

    … [Trackback]

    […] Here you will find 1285 more Information to that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  4. Parrots for Sale commented on Oct 09

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  5. 사설토토 commented on Oct 19

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  6. 메이저사이트 commented on Nov 01

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  7. british dragon gear reviews commented on Nov 13

    … [Trackback]

    […] There you will find 61084 additional Info on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  8. Electricity Rates commented on Nov 15

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  9. DevSecOps commented on Dec 21

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  10. 토토 commented on Dec 25

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  11. Sexy chemical commented on Dec 28

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  12. get more commented on Jan 06

    … [Trackback]

    […] Here you will find 39913 additional Information on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]

  13. Digital Transformation commented on Jan 16

    … [Trackback]

    […] There you will find 6838 additional Information on that Topic: thereformedbroker.com/2009/06/04/market-recap-goodbye-grasshopper/ […]