The major indexes are all down over 1% today following a weekly jobless claims report and concerns over Greece have dragged down the market.
At midday, the Dow is down 149 points, or 1.4%, to 10,25, the S&P is off by 14 ticks, or 1.3%, to 1,091 while Nasdaq is lower by 29 points, or 1.3%, to 2,206.
Blockbuster (BBI, $0.30, down $0.06) is back in the news and is down over 17% after reporting disappointing Q4 earnings and announcing it will close 75 to 125 domestic stores this year. Wow.[caption id="attachment_4371" align="aligncenter" width="448" caption="Block Buster Daily Chart"][/caption]
We just mentioned the stock in the same breath as Garmin (GRMN, $31.18, down $1.27) but you can see where we are going with this.
We have a lot to cover in our Members Area and we are already late so we will be back in the morning with our next update.]]>