Folks you have to see this. I will also say that I did receive an E-mail regarding another Blog I own to go on CNBC regarding Dennis Kneale’s “The Great Recession is over” call but denied the invite. I think Tyler from Zero Hedge handled this perfectly. Kudos Tyler. Here is Tyler’s post: First, I ask readers to watch the following...

Chart Of The Day Silicon Alley Insider By all accounts, Apple’s 3.0 update to the iPhone and iPod Touch operating system is a huge upgrade. But six days after its release, only slightly more than 50% of the iPod Touch owners had upgraded to the new version. Meanwhile, over 75% of iPhone owners had made the switch. The reason for the disparity?...

The S&P 500 index closed lower due to profit taking on Tuesday as it consolidates some of last week’s rally. The mid-range close sets the stage for a steady opening on Wednesday. Despite today’s setback, stochastics and the RSI remain bullish signaling that additional gains are possible. Closes above the reaction high crossing at 923.00...

(RTTNews) – Crude oil dropped sharply on Tuesday, backing off an eight-month intraday high, as some discouraging economic news raised demand concerns. Light sweet crude for August delivery dropped to $69.89 per barrel, down $1.60 on the session. Prices dipped as low as $68.90 after earlier reaching as high as $73.38 The Energy Information Administration...

Following the sale of three non-core assets earlier this month to Aura Minerals, Yamana Gold Inc. is looking more and more like a takeover target, says Dundee Securities analyst Ron Stewart. “With only 6 operating assets along with a minority stake in the [copper-gold] Alumbrera mine in Argentina, YRI would make a good fit for either Kinross...

BioMedReports has a great piece on why SPPI could be the next cancer biotech takeover target. Spectrum Pharmaceuticals (Nasdaq: SPPI) has two upcoming dates with regulators in the coming days and months. Here are 17 good reasons why Bayer might seriously consider acquiring Spectrum Pharmaceuticals (Nasdaq: SPPI) at some point in the future. Listed...

Submitted by Tyler Durden of Zero Hedge The last time we got a -2.42 standard deviation between confidence and the market, things got real ugly, real fast.

A little over six weeks ago Adam Hewison produced a video on the relationship between Apple and RIMM. He called it the “Battle Of The Tech Titans,” and in this short video he explained that he felt the relationship was changing between Apple, Inc. (NASDAQ_AAPL) and Research In Motion, Ldt (NASDAQ_RIMM). He detailed a strategy of approaching this...

(GLOBE NEWSWIRE) — Vical Incorporated (Nasdaq:VICL) announced today that the company’s vaccine against A/H1N1 pandemic influenza (swine flu) produced robust immune responses well above the accepted protection threshold in 100% of vaccinated mice and rabbits after a standard two-dose vaccine regimen. In addition, at least 75% of vaccinated...

Courtesy of Phil at Phil’s Stock World Q2 Tuesday – Ending With A Whimper, Not A Bang What happened to our great rally? We started the quarter off well enough, with the Dow at 7,522 and S&P at 787 on April 1st, we flew right up to 8,000 on the Dow and 840 on the S&P the next day but then it took us the rest of the month to gain...

Geron Corp (GERN) and General Electric Co unit GE Healthcare said they agreed to develop and market embryonic stem cell products for use in drug discovery, development and toxicity screening. The companies said the program will use stem cells derived from human embryonic stem cell lines listed on the National Institutes of Health’s Human Pluripotent...

The S&P 500 index was higher overnight and trading above the 20-day moving average crossing at 919.94. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 919.94 are needed to confirm that a short-term low has been posted. If September renews...

Courtesy of Stock Charts After surging on good volume, FedEx (FDX) hit channel resistance around 57. Notice that FDX peaked in early May and then worked its way lower the last eight weeks. This series of lower lows and lower highs defines the channel, which is also an 8-week downtrend. Look for a breakout to reverse this trend. Click the image to...