Commodities are currently mixed with the CRB index up 0.4% after its fifth straight loss yesterday. Energies crude and natural gas are both up with crude around $95 a barrel and metals gold and silver both in the negative.

Under Armour shares are up this morning 1.8% after dick’s sporting goods announced its quarter 1 results showing strong sales of the firm’s products. Together with Sports Authority they account for about a quarter of Under Armour’s sales. The sporting goods industry is currently up 4.05% as the top performing industry.

One of the top performing stocks again today is Groupon up over 18% to 13.93 after announcing Monday that its revenue jumped up 89% and its customer base more than double to 36.9 from 15.4m a year earlier.

Heading losers today is that of Spanish Broadcasting System down over 25% after announcing its first quarter results.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu

In Europe Germany’s stronger than expected economic data helped hoist the FTSE Eurofirst 300 up .3% to 1,006.98. So far 59% of European large caps have met or exceeded first quarter earnings forecasts.

In the US the Goldman Store Sales report was released this morning showing a -0.8% weekly change putting the year over year change at 4.5%
Commodities futures remain bleak with crude, natural gas, gold and silver all starting in the red.
The Empire state manufacturing survey was released today for May up to 17.09 from a weak level in April indicating continued moderate growth.
The monthly consumer price index for April was released at 0.00% from 0.3% in March and the CPI less food and energy is 0.2% for April. The CPI monthly rate changes represent the rate of inflation.
April retail sales were also released today at 0.1% much weaker than the 0.7% in March.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu

Commodities ended down with oil finishing at 94.76 and Natural gas ending its 8 day streak falling 3.2% to 2.41.
Safe currencies, such as the dollar and Yen, rose today with the Euro hitting a four month low.

Yahoo Stock rose today as it will replace its third CEO in three years, pushing up their stock 2.9% to 15.63.
Groupon continued its high today finishing up over 15% at 11.40 as did Tii network technologies up over 42% after the buyout.
I had to end on a high note since not much else did.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu

The dollar is enjoying the day closing in on its four month high from March of 80.73 currently at 80.69.

Electronic stores are looking strong today with the industry up about 2% being led by GME up 3.54% Radioshack up 2.34% and Best Buy up 1.66%.

The Telecom industry is beginning to erase its gains from last week currently down 1.2%. This is sparked by slacking from AT&T and Verizon both currently trading in the Red.

Groupon is one of the big gainers today up almost 10% at 10.82, while Tii Network Technologies soared today after news of the buyout by Kelta Inc for 33.1m. They are up 42.75% to 2.07.

On the downside is Ancestry.com(ACOM), hit after NBC cancelled its show “Who do you think you are?” which was a big part of the websites promotions.

Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu