Market Recap: Regulate



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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
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.

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