The Reformed Broker, AKA Nate Dogg, here with today’s Market Recap…
In honor of President Obama’s massive Wall Street regulations overhaul today, I thought we’d get started with the classic West Coast joint Regulate by Warren G.
Today was one of those ping pong days here on The Street, without much of a resolution either way.
The agriculture names were pretty weak today, despite the fact that Scott’s Miracle-Gro (SMG) raised it’s outlook for 2009. Here’s the crop report on the group at the 3:15 look:
Market Capitalization
% Change
Market Cap
MONSANTO COMPANY [MON]
+0.06%
$44.5 B
POTASH CP SASKATCHEW [POT]
-10.07%
$31.6 B
MOSAIC COMPANY (THE) [MOS]
-8.92%
$22.8 B
SYNGENTA AG ADS [SYT]
-1.74%
$22.2 B
AGRIUM INC. [AGU]
-6.75%
$7.3 B
Anyways, Fedex (FDX) was able to hold it’s own after a not-so-great earnings report this morning and I guess you could say that the market overall did the same.
Thanks for reading today, have a great night!
Full Disclosure: I may be long or short any of the above stocks in either customer or personal accounts. Please do not trade based on anything you read here, for a full disclaimer please see my Terms & Conditions page.
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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