Toyota has been slammed by the perfect storm. Dozens of deaths, thousands of accidents, and a worldwide recall of 9 million vehicles. What happened to the serial killer of American car companies. Toyota has not turned into GM overnight.
Hundreds of pension experts are to meet in Edinburgh next month to discuss the challenges facing the pension market. Proposals call for pensions to take a greater role in demanding a crackdown on excessive bank bonuses. Pensions are also putting pressure on hedge funds to lower fees. Are pensions tightening the screws, or just screwing around?
It is beyond a hallucinogenic-induced pipe dream to even consider that the Eurozone will come out of this attempt at replicating the US "extend and pretend" policy intact and unscathed. The US won't even get away with it, and we have the world's reserve currency printing press in our basement running with an ink-based inter-cooled, twin-turbo supercharger strapped on that will make those German engineers green with envy, not to mention green with splattered Greenback printer ink as the presses go berserk!
 S&P 500 Futures (ES) continuous contract Daily ~ 05:05.  ES 514229 share ~ 05:11.  ESH10 1-minute ~ 05:10.  ESH10 1-minute ~ 05:19.  ESH10 1-minute ~ 05:32.  ESH10 - Block Buys / Sells of 50+ ~ 05:35.  ESH10 Matrix ~ 05:35.  ESH10 1-minute ~ 05:57.  ESH10 1-minute ~ 07:27.  ESH10 1-minte ~ 07:43  ESH10 Matrix ~ 07:44.  ESH10 - Block Buys / Sells of 50+ ~ 07:44.  ESH10 1-minute ~ 07:59 ... Price action this morning is within a channel that has shifted lower to 1068.75 on the up and 1062.25 on the down with 1072.75 and 1078 serving as upside extensions while any break of 1058.75 would likely test the 1051 - 54 weekly pivot
Bank Edition for Wednesday ~ 12 daily / weekly technical profiles of : Bank of America (BAC); Citigroup (C); Goldman Sachs (GS); JP Morgan Chase (JPM); Morgan Stanley (MS) & Ultrashort Financials (SKF)