After Hours (US Stock Futures lower)

DJIA down 123 pts (.95%) NASDAQ down 29.50 pts (-1.12%) S&P down 13.8 pts (-1.01%) Also: Japan Nikkei down 2.40%

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US futures tumble as Fed backs away from stimulus

NEW YORK (AP) -- Stock futures tumbled Wednesday after economic policymakers signaled that they may be less willing to fund more economic growth through bond purchases. The Dow Jones industrial average futures fell 112 points to 13,020. The Standard & Poor's 500 index futures fell 12.1 points to 1,396.7. The Nasdaq composite futures slipped 21.25 points to 2,757.75. The Institute for Supply Management will release its services index at 10 a.m. Eastern time and economists expect it to show that growth has cooled compared to February, which came in at the highest growth in a year. But it was the...

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Pre-Markets ( I don't think this looks good)

pre-market data.

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S&P Futures Down 30 points at open

S&P futures opened a couple of minutes ago, down 30 points, equivalent to about 250-300 on the Dow.

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Oil Futures Fake Out

The CROOKS (allegedly, just indictments so far) at the NYMEX are running a scam and they have NO INTENTION WHATSOEVER of accepting delivery of even 1/10th of the 367M barrels they had as open contracts last week. In fact, Wednesday (June 8) they traded their contracts 454,043 times - isn't that amazing? It's a 123% daily churn rate! Of course, it's easy to churn 454M barrels of crude because the only sucker that ends up paying for all those fees is YOU, the end consumer of crude. All those fees are passed on to you as part of the price...

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Tonight's Andrea Shea King Show is All Business with Ann Barnhardt

TONIGHT'S ANDREA SHEA KING SHOW IS ALL BUSINESS The Andrea Shea King Show--9 PM ET http://www.blogtalkradio.com/askshow/2011/05/28/the-andrea-shea-king-show Ann Barnhardt spent last weekend at the Front Sight Firearms Training Institute in Las Vegas Joining us again will be Ann Barnhardt of Barnhardt Capital Management, Inc.Tonight we'll be talking to Ann about economics, specifically the commodities markets. Ann posted this morning about an alarming trend in the cattle/corn markets, and since all commodities translate to the cost of everything we buy, we thought we should have Ann stop by and explain just what's going on in the trading pits of Chicago. As Ann...

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Physical Silver Investors Are Being Hoodwinked by the Futures Market (What if the bubble pops?)

The Silver market is in a bubble stage right now. No one really knows how long this will last, whether Silver goes up another $5, 10, 20 doesn`t really matter for investors who are buying the physical metal in the form of coins because when the bubble ends they are going to be sitting on a depreciating asset. Sure, long term, Silver will be worth more sometime in the future compared with the average price of the last 30 years in the next 30 year segment. But Silver prices have risen far too fast in to short of a time...

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Gold hits intraday record at $1,500 an ounce

SAN FRANCISCO (MarketWatch) -- Gold futures hit the psychological mark of $1,500 an ounce on Tuesday, shaking off early weakness as the dollar sunk further. Gold for June delivery GCM11 +0.31% wavered between small gains and losses earlier, but recently added $6.40, or 0.5%, to trade at $1,499.30 an ounce on the Comex division of the New York Mercantile Exchange. It earlier traded as high as $1,500, according to CME, an intraday record for the metal.

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Crude futures push toward $110 a barrel

Light, sweet crude for May delivery rose $1.07, or 1%, to $109.90 a barrel on the New York Mercantile Exchange. It traded as high as $109.99 a barrel, according to FactSet Research. Prices had traded in the red off and on, however, as some investors judged current prices overdone. A better-than-expected data on U.S. jobless claims underpinned oil’s run, but prices also felt the pinch of a stronger dollar and falling U.S. equities. News out of the Middle East and North Africa didn’t make that many headlines. “The U.S. so far has not shown the weakness that people had been...

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Did anyone see the index futures get slammed at the bell?

Someone came in right before the bell and hammered all the index futures so hard they collapsed the bid/ask. The e-mini S&P dropped 7 points in seconds and had the most ungodly amount of volume I've ever seen - over 10X the standard at closing.

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