Morning Rage 6.20.2012

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The Hang Seng followed the speculation adding .5% however had a few hefty losses in the mix; China
Unicom dropped 3.88% and Hengan International Group lost 3.16%.

European stocks have been jumpy this morning from red to green as the FTSEurofirst currently stands
up .1%. Traders are nervous waiting for the Fed to announce further stimulus measures.

Disney Stock is up almost 1% in pre-trade with the opening of its new Cars Land in their California theme
park. This represents a $1.1B upgrade.

MBA Mortgage applications are up 13% to their highest in 6 months and the 30 yr fixed rate dropped to
3.78 (for conforming balances under 417,500).

Burger King will be traded on the NYSE under the ticker BKW.

Commodities are mixed prior to trading this morning with crude and gold just under and Natural gas and
Silver in the Green.

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