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.
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