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Canadian markets are closed Monday, May 21, 2012. MarketGurus.tv and Decision Plus office will also be closed.

This Tuesday, May 22, we will have Mr. Francois Cordeau who, with the help of Mr. Guy Aubert, a member of the Board of CVTech Group (T-CVT) wants to make major changes to the company. You won't want to miss it.

May 22 2012

Opening broadcast live at 9:45 AM with Michel Carignan.

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Technical Events for 18/05/2012

All technical events are delayed by two days if you're not subscribed. After subscribing they will appear in real-time. Subscribers can also select Audio Mode to hear real-time audio messages.

Technical Events for 18/05/2012

All technical events are delayed by two days if you're not subscribed. After subscribing they will appear in real-time. Subscribers can also select Audio Mode to hear real-time audio messages.

Fundamental Events for 18/05/2012

All fundamental events are delayed by two days if you're not subscribed. After subscribing they will appear in real-time. Subscribers can also select Audio Mode to hear real-time audio messages.

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Economic Indicators	2012/05/18 - The Week in Review for May 14th to the May 18th, 2012


Video	2012/05/18 - 3:30 Show
	The U.S. markets have not found their bottom and the TSX has lost all its points in the late afternoon. The resources sectors have completely deflated, with gold and materials approaching neutral cycles...

Economic Indicators	2012/05/18 - Upgrades/Downgrades (First Update)


Economic Indicators	2012/05/18 - Events and Indicators for Next Week
	For the week of May 21st to 25th, 2012

Video	2012/05/18 - 10:50 Show
	The TSX opened higher on a bullish continuity in the gold sector. Some sectors have gone neutral. The rebound and bottom is stronger on the TSX...

Headlines	2012/05/18 - Stocks linked to Facebook
	This list contains owners, competitors, suppliers, and foreign competitors of Facebook.

Video	2012/05/18 - 9:45 show


Headlines	2012/05/18 - Stocks trading lower before the open


Headlines	2012/05/18 - Stocks trading higher before the open


Earnings	2012/05/18 - Quarterly earnings, USA and Canada


Economic Indicators	2012/05/18 - Consumer Price Index (CDN)


Economic Indicators	2012/05/17 - Tomorrow's Events
	For Friday, May 18th, 2012

Upgrades And Downgrades	2012/05/17 - Upgrades/Downgrades (First Update)


Video	2012/05/17 - 10:50 Show
	There is a lot of market volatility today. In the U.S., the Philadelphia Fed Survey registered a deterioration in manufacturing activity. The market in Canada, meanwhile, spiked on rising gold in anticipation of a possible QE3...

Headlines	2012/05/17 - Full Metal Zinc's Analysis
	Full Metal Zinc is a junior exploration company whose main objective is the discovery of base and precious metals in Alaska.

Economic Indicators	2012/05/17 - Leading Indicators (U.S.)


Video	2012/05/17 - 9:45 show


Economic Indicators	2012/05/17 - Philadelphia Fed Survey (U.S.)


Economic Indicators	2012/05/17 - Wholesale Trade (CDN)


Economic Indicators	2012/05/17 - International Securities Transactions (CDN)


Economic Indicators	2012/05/17 - Initial Jobless Claims (U.S.)


Earnings	2012/05/17 - Quarterly earnings, USA and Canada


Video	2012/05/16 - 3:30 Show
	The markets lost their early points, marking the third consecutive down day after the breakdown we had last week...

Upgrades And Downgrades	2012/05/16 - Upgrades/Downgrades (First Update)


Economic Indicators	2012/05/16 - FOMC April Meeting Minutes


Economic Indicators	2012/05/16 - Tomorrow's Events
	For Thursday, May 17th, 2012

Video	2012/05/16 - 10:50 Show
	The markets have all spiked higher from the open. The TSX is up over 100 points on the strength of the resource sectors. Several sectors are beginning to form neutral movements...

Earnings	2012/05/16 - Quarterly earnings, USA and Canada


Economic Indicators	2012/05/16 - Manufacturing Sales and Orders (CDN)


Economic Indicators	2012/05/16 - Housing Starts and Building Permits (U.S.)


Economic Indicators	2012/05/16 - Industrial Production and Capacity Utilization (U.S.)


Video	2012/05/16 - 9:45 show
	All markets opened slightly higher, while the resources sectors rebounded.

Video	2012/05/15 - 3:30 Show
	U.S. markets fell negative in the afternoon and the the TSX is now down nearly 140 points on the falling resources sectors. Some sectors that were neutral are now in down cycles...

Upgrades And Downgrades	2012/05/15 - Upgrades/Downgrades (First Update)


Economic Indicators	2012/05/15 - Tomorrow's Events
	For Wednesday, May 16th, 2012

Headlines	2012/05/15 - Downward movement in coal in the U.S.


Headlines	2012/05/15 - Facebook Related Stocks


Video	2012/05/15 - 10:50 Show
	U.S. markets are moving higher while the TSX, pulled lower by resource stocks, remains negative. For now, bearish sectors remain so...

Headlines	2012/05/15 - There is the possibility of an upward movement among the U.S. homebuilders


Earnings	2012/05/15 - Quarterly earnings, USA and Canada


Economic Indicators	2012/05/15 - NAHB Housing Index (U.S.)


Economic Indicators	2012/05/15 - Business Inventories (U.S.)


Video	2012/05/15 - 9:45 show
	The markets opened with no clear direction, losing their pre-market strength over the last 15 minutes, as both the markets and resources shed points..

Economic Indicators	2012/05/15 - Retail Sales (U.S.)


Economic Indicators	2012/05/15 - Consumer Price Index (U.S.)


Economic Indicators	2012/05/15 - Empire State Mfg Survey (U.S.)


Economic Indicators	2012/05/15 - Treasury International Capital (U.S.)


Headlines	2012/05/14 - Analysts' choices
	Stocks with the highest potential for upward or downward movements since the beginning of the day.

Video	2012/05/14 - 3:30 Show
	U.S. markets rebounded tentatively earlier in the day then gave up their gains. The TSX and resources sectors have made new lows in the afternoon...

Upgrades And Downgrades	2012/05/14 - Upgrades/Downgrades (Second Update)

(35)	4:35 PM Breakdown LONGVIEW OIL CORP at $8.15 has gone down -4.79% - TSX-LNV
(34)	4:23 PM Breakdown INTER PIPELINE FUND at $19.82 has gone down -0.35% - TSX-IPL.UN
(33)	4:17 PM Breakdown RUSSELL METALS INC at $25.47 has gone down -1.66% - TSX-RUS
(32)	4:11 PM Breakdown STIKINE GOLD CORP at $0.09 has gone down -18.18% - TSX-V-SKY
(31)	4:08 PM Breakdown NORTHERN GRAPHITE CORP at $1.63 has gone down -7.91% - TSX-V-NGC
(30)	4:05 PM Breakout COTT CORP at $7.35 has gone up 2.80% - TSX-BCB
(29)	3:59 PM Breakdown JUNEX INC at $0.66 has gone down -9.59% - TSX-V-JNX
(28)	3:46 PM Breakdown GEORGE WESTON LTD at $58.50 has gone down -1.13% - TSX-WN
(27)	3:46 PM Breakdown BOMBARDIER INC at $3.71 has gone down -3.39% - TSX-BBD.A
(26)	3:29 PM The health sector (X-TTHC) in Canada is now in down cycle. - TSX-X-TTHC
(25)	3:24 PM After analyzing the markets in depth, we cannot recommend any stock in the Analyst's Choices today.
(24)	3:22 PM Breakdown SHERRITT INTL CORP at $5.12 has gone down -2.10% - TSX-S
(23)	3:11 PM Breakdown RAINBOW RESOURCES INC at $0.16 has gone down -18.42% - TSX-V-RBW
(22)	3:05 PM Breakdown ABSOLUTE SOFTWARE CORP at $5.58 has gone down -4.45% - TSX-ABT
(21)	3:00 PM Breakdown BOMBARDIER INC at $3.67 has gone down -2.39% - TSX-BBD.B
(20)	2:55 PM Breakdown POINTS INTERNATIONAL LTD at $11.76 has gone down -5.54% - TSX-PTS
(19)	2:53 PM Breakdown CANAM GROUP INC at $4.74 has gone down -4.24% - TSX-CAM
(18)	2:39 PM Breakdown WESTERN FOREST PRDCTS INC at $0.78 has gone down -4.88% - TSX-WEF
(17)	2:31 PM Breakdown OPEN TEXT CORP at $48.89 has gone down -2.78% - TSX-OTC
(16)	2:12 PM Breakout ALLIED PROPERTIES REIT at $28.14 has gone up 1.48% - TSX-AP.UN
(15)	1:43 PM Breakout CALLOWAY REIT at $28.46 has gone up 2.01% - TSX-CWT.UN
(14)	12:43 PM TSX Top 5 has been updated - TSX-GBU
(13)	12:30 PM The telecommunications sector (X-TTTS) in Canada is now in a down cycle. - TSX-X-TTTS
(12)	12:21 PM Breakdown VICWEST INC at $10.03 has gone down -3.56% - TSX-VIC
(11)	12:21 PM Breakdown ALDERON IRON ORE CORP at $2.41 has gone down -2.43% - TSX-ADV
(10)	11:57 AM Several modifications to TSX top 5 - TSX-HZD
(9)	11:34 AM Breakout PEYTO EXPLORATION/DEVEL. at $18.05 has gone up 3.14% - TSX-PEY
(8)	11:18 AM Breakout ARC RESOURCES LTD at $20.43 has gone up 3.08% - TSX-ARX
(7)	11:08 AM Breakout BONAVISTA ENERGY CORP at $18.85 has gone up 3.97% - TSX-BNP
(6)	11:00 AM Breakout SHAW COMMUNICATIONS INC at $19.53 has gone up 2.04% - TSX-SJR.B
(5)	10:59 AM Breakout NOVAGOLD RESOURCES INC at $5.85 has gone up 5.41% - TSX-NG
(4)	10:18 AM Breakdown FIRST CAPITAL REALTY INC at $18.15 has gone down -0.82% - TSX-FCR
(3)	10:17 AM Breakdown TEMBEC INC at $2.33 has gone down -7.17% - TSX-TMB
(2)	10:03 AM Breakdown IONA ENERGY INC at $0.43 has gone down -7.53% - TSX-V-INA
(1)	9:55 AM Several modifications to TSX top 5 - TSX-TCW

(101)	4:36 PM Breakdown INNOPHOS HOLDINGS INC at $47.07 has gone down -1.55% - NASDAQ-IPHS
(100)	4:36 PM Breakdown FONAR at $4.02 has gone down -9.66% - NASDAQ-FONR
(99)	4:36 PM Breakdown QUALITY SYSTEMS at $28.92 has gone down -3.63% on a downgrade at Leerink Swann. - NASDAQ-QSII
(98)	4:34 PM Breakdown WATERS at $80.81 has gone down -2.07% - NYSE-WAT
(97)	4:11 PM Breakdown RALCORP HOLDINGS INC at $68.99 has gone down -1.41% - NYSE-RAH
(96)	4:09 PM Breakdown TRUSTCO BANK N at $5.26 has gone down -0.94% - NASDAQ-TRST
(95)	4:08 PM Breakdown CYCLACEL PHARMACEUTICALS at $0.43 has gone down -10.38% - NASDAQ-CYCC
(94)	3:59 PM Breakdown SHORETEL INC at $4.06 has gone down -5.14% - NASDAQ-SHOR
(93)	3:59 PM Breakdown PROSPECT CAPITAL at $10.58 has gone down -1.31% - NASDAQ-PSEC
(92)	3:58 PM Breakdown VALUECLICK INC at $17.04 has gone down -1.56% - NASDAQ-VCLK
(91)	3:58 PM Breakdown CORE LABORATORIES at $134.06 has gone down -2.07% - NYSE-CLB
(90)	3:52 PM Breakdown NORDION INC at $8.65 has gone down -2.48% - NYSE-NDZ
(89)	3:51 PM Breakdown PRIVATEBANCORP INC at $14.34 has gone down -3.11% - NASDAQ-PVTB
(88)	3:51 PM Breakdown SOLERA HOLDINGS LLC at $44.31 has gone down -1.82% - NYSE-SLH
(87)	3:51 PM Breakdown COPART INC at $25.68 has gone down -1.61% - NASDAQ-CPRT
(86)	3:47 PM Breakdown SILICON LABORATORIES INC at $32.61 has gone down -2.92% - NASDAQ-SLAB
(85)	3:46 PM Breakdown ARCH CAPITAL GROUP INC at $38.31 has gone down -2.17% - NASDAQ-ACGL
(84)	3:37 PM Breakdown SHIP FINANCE at $12.47 has gone down -3.71% - NYSE-SFL
(83)	3:37 PM Breakdown EXXON MOBIL CORPORATION at $81.37 has gone down -0.66% - NYSE-XOM
(82)	3:32 PM Breakdown RAPTOR PHARMACEUTICALS at $5.21 has gone down -3.70% - NASDAQ-RPTP
(81)	3:32 PM Breakdown CASUAL MALE RET. GRP INC at $2.80 has gone down -3.78% on first quarter 2012 earnings. - NASDAQ-CMRG
(80)	3:14 PM Breakdown MYLAN at $20.84 has gone down -1.51% - NASDAQ-MYL
(79)	3:10 PM Breakdown GENTEX at $21.94 has gone down -2.01% - NASDAQ-GNTX
(78)	2:56 PM Breakdown YELP INC at $19.72 has gone down -7.29% - NYSE-YELP
(77)	2:55 PM Breakdown MICREL INC at $10.26 has gone down -1.91% - NASDAQ-MCRL
(76)	2:41 PM Breakdown AMERISOURCEBERGEN at $36.02 has gone down -1.17% - NYSE-ABC
(75)	2:34 PM Breakdown WORLD FUEL SERVICES at $36.27 has gone down -2.16% - NYSE-INT
(74)	2:30 PM Breakdown H.J. HEINZ COMPANY at $54.17 has gone down -0.95% - NYSE-HNZ
(73)	2:25 PM Breakdown ENERGIZER HOLDINGS INC at $73.40 has gone down -1.33% - NYSE-ENR
(72)	2:25 PM Breakdown BCE INC at $39.96 has gone down -0.65% - NYSE-BCE
(71)	2:12 PM Breakdown APPLIED MICRO CIRCUITS at $5.32 has gone down -4.14% - NASDAQ-AMCC
(70)	2:11 PM Breakdown TELLABS INC at $3.61 has gone down -2.04% - NASDAQ-TLAB
(69)	2:11 PM Breakdown QUESTCOR PHARMACEUTICALS at $38.55 has gone down -3.10% - NASDAQ-QCOR
(68)	2:03 PM Breakdown WR GRACE at $49.97 has gone down -0.52% - NYSE-GRA
(67)	2:01 PM Breakdown CHIMERA INVESTMENT CORP at $2.77 has gone down -2.46% - NYSE-CIM
(66)	2:01 PM Breakout ENBRIDGE ENERGY PARTNERS at $30.00 has gone up 2.21% on an analyst upgrade. - NYSE-EEP
(65)	2:01 PM Breakdown ATWOOD OCEANICS INC at $39.13 has gone down -1.63% - NYSE-ATW
(64)	1:43 PM Breakdown CAPITOL FEDERAL FINANCIAL at $11.78 has gone down -0.69% - NASDAQ-CFFN
(63)	1:42 PM Breakdown PAYCHEX INC at $29.57 has gone down -1.14% - NASDAQ-PAYX
(62)	1:40 PM Breakdown UNITED ONLINE INC at $3.86 has gone down -1.78% - NASDAQ-UNTD
(61)	1:40 PM Breakdown COVENTRY HEALTH CARE INC at $29.12 has gone down -1.85% - NYSE-CVH
(60)	1:39 PM Breakdown CARDTRONICS INC at $28.35 has gone down -2.58% - NASDAQ-CATM
(59)	1:26 PM Breakdown MOTRICITY at $0.55 has gone down -8.05% - NASDAQ-MOTR
(58)	1:26 PM Breakdown YONGYE INTERNATIONAL INC at $2.83 has gone down -4.40% - NASDAQ-YONG
(57)	1:26 PM Breakdown VERA BRADLEY INC at $21.96 has gone down -4.02% - NASDAQ-VRA
(56)	1:25 PM Breakdown MARVELL TECH at $13.08 has gone down -1.69% on first quarter 2012 earnings. - NASDAQ-MRVL
(55)	1:22 PM Breakdown FEDEX at $85.72 has gone down -1.21% - NYSE-FDX
(54)	1:18 PM Breakdown KINDER MORGAN ENERGY at $78.31 has gone down -1.29% - NYSE-KMP
(53)	1:14 PM Breakout FOOT LOCKER INC at $30.89 has gone up 10.28% on first quarter 2012 earnings. - NYSE-FL
(52)	1:05 PM Breakdown SUMMIT HOTEL PROPERTS INC at $7.68 has gone down -4.24% - NYSE-INN
(51)	1:04 PM Breakdown FERRELLGAS PARTNERS at $15.40 has gone down -3.93% - NYSE-FGP
(50)	12:51 PM Breakdown EL PASO PIPELINE PARTNERS at $31.56 has gone down -2.89% - NYSE-EPB
(49)	12:43 PM Breakout SEACOAST BANKING at $1.58 has gone up 4.63% - NASDAQ-SBCF
(48)	12:43 PM Breakdown REDWOOD TRUST INC at $11.74 has gone down -1.59% - NYSE-RWT
(47)	12:22 PM Breakdown AUXILIUM PHARMACEUT. INC at $17.61 has gone down -3.93% - NASDAQ-AUXL
(46)	12:22 PM Breakdown SUN HEALTH CARE GROUP at $5.02 has gone down -9.22% - NASDAQ-SUNH
(45)	12:22 PM Breakdown KIRKLANDS INC at $10.89 has gone down -15.25% on first quarter 2012 earnings. - NASDAQ-KIRK
(44)	12:22 PM Breakdown HOSPIRA INC at $32.11 has gone down -1.38% - NYSE-HSP
(43)	12:21 PM Breakdown CONVERGYS at $13.15 has gone down -0.53% - NYSE-CVG
(42)	12:21 PM Breakdown KELLOGG CO at $50.48 has gone down -0.45% - NYSE-K
(41)	12:21 PM Breakdown FAIRCHILD SEMICONDUCTOR at $12.98 has gone down -2.48% - NYSE-FCS
(40)	12:21 PM Breakdown SYNTA PHARMACEUTICAL CORP at $3.82 has gone down -4.50% - NASDAQ-SNTA
(39)	12:02 PM Breakdown ENTERPRISES PRODUCTS at $49.55 has gone down -1.66% - NYSE-EPD
(38)	12:01 PM Breakdown HERSHEY CO at $67.84 has gone down -0.75% - NYSE-HSY
(37)	12:01 PM Breakdown UNITEDHEALTHCARE at $54.47 has gone down -0.75% - NYSE-UNH
(36)	12:00 PM Breakdown MEAD JOHNSON NUTRITION CO at $81.63 has gone down -1.09% - NYSE-MJN
(35)	11:59 AM Breakdown GOVERNOR&CO BANK IRELAND at $4.77 has gone down -2.25% on an analyst downgrade. - NYSE-IRE
(34)	11:56 AM Breakdown NEW YORK TIMES at $6.16 has gone down -2.53% - NYSE-NYT
(33)	11:56 AM Breakdown RENREN INC at $5.45 has gone down -12.66% - NYSE-RENN
(32)	11:50 AM Breakdown INTERXION HOLDINGS at $17.26 has gone down -4.38% - NYSE-INXN
(31)	11:49 AM Breakdown ZINGA INC at $7.17 has gone down -13.30% see news in the fundamental section. - NASDAQ-ZNGA
(30)	11:49 AM Breakdown AMGEN INC at $68.88 has gone down -2.35% - NASDAQ-AMGN
(29)	11:48 AM Breakdown GRAND CANYON EDUCATION at $17.73 has gone down -0.45% - NASDAQ-LOPE
(28)	11:38 AM NASDAQ top 5 updated - NASDAQ-SQQQ
(27)	11:37 AM Breakdown PMC-SIERRA at $6.39 has gone down -1.99% - NASDAQ-PMCS
(26)	11:33 AM Facebook on NASDAQ has been added to top 5 - NASDAQ-FB
(25)	11:19 AM Breakdown MONOLITHIC POWER SYSTEMS at $19.86 has gone down -3.64% - NASDAQ-MPWR
(24)	11:18 AM Breakout BIDZ.COM INC at $0.75 has gone up 53.06% on an offer . - NASDAQ-BIDZ
(23)	11:17 AM Breakout SHOE CARNIVAL at $21.24 has gone up 6.89% on first quarter 2012 earnings. - NASDAQ-SCVL
(22)	11:14 AM NASDAQ top 5 has been updated - NASDAQ-SGEN
(21)	11:12 AM Breakdown JM SMUCKER at $76.52 has gone down -1.00% - NYSE-SJM
(20)	11:07 AM Breakdown ASPEN TECHNOLOGY INC at $21.14 has gone down -2.08% - NASDAQ-AZPN
(19)	11:05 AM Breakout WARREN RESOURCES INC at $2.53 has gone up 9.52% - NASDAQ-WRES
(18)	10:49 AM Breakdown ZUMIEZ INC at $32.48 has gone down -7.62% on first quarter 2012 earnings. - NASDAQ-ZUMZ
(17)	10:42 AM Breakout YAHOO! INC at $15.73 has gone up 5.81% see news in the fundamental section. - NASDAQ-YHOO
(16)	10:37 AM Breakdown MOTOROLA MOBILITY at $39.00 has gone down -0.51% - NYSE-MMI
(15)	10:36 AM NASDAQ top 5 has been updated - NASDAQ-MPEL
(14)	10:35 AM Breakdown ENDOLOGIX INC at $13.95 has gone down -2.04% - NASDAQ-ELGX
(13)	10:26 AM Breakdown CHIPMOS TECHNOLOGIES at $11.50 has gone down -9.45% on first quarter 2012 earnings. - NASDAQ-IMOS
(12)	10:16 AM Breakdown BREITBURN ENERGY PARTNER at $17.08 has gone down -0.81% - NASDAQ-BBEP
(11)	10:13 AM Breakdown SKYWORKS SOLUTIONS INC at $23.65 has gone down -3.47% - NASDAQ-SWKS
(10)	10:13 AM Breakdown POWER-ONE INC at $3.66 has gone down -7.11% on an analyst downgrade. - NASDAQ-PWER
(9)	10:13 AM Breakdown SYSCO at $27.18 has gone down -2.21% on an analyst downgrade. - NYSE-SYY
(8)	10:07 AM Breakdown MOMENTA PHARMACEUTCLS INC at $13.55 has gone down -3.01% - NASDAQ-MNTA
(7)	10:07 AM Breakdown ZALICUS INC at $0.78 has gone down -5.00% - NASDAQ-ZLCS
(6)	10:03 AM Breakdown TRACTOR SUPPLY CO at $93.45 has gone down -1.86% - NASDAQ-TSCO
(5)	9:43 AM NASDAQ top 5 has been updated - NASDAQ-SQQQ
(4)	9:40 AM Breakout PACIFIC SUNWEAR at $1.31 has gone up 11.02% on first quarter 2012 earnings. - NASDAQ-PSUN
(3)	9:38 AM Breakout SALESFORCE.COM INC at $148.30 has gone up 10.84% on first quarter 2012 earnings. - NYSE-CRM
(2)	9:37 AM Breakdown CENTRAIS ELETRICS BRZ SA at $9.50 has gone down -8.30% - NYSE-EBR.B
(1)	9:35 AM Breakdown CENTRAIS ELETRICAS ADR at $7.15 has gone down -8.68% - NYSE-EBR

(16)	3:14 PM There are rumours that Angela Merkel has called for the Greeks to hold a referendum on its memebership in the Euro-zone when it holds national elections in June. A spokesman for the German Chancellor has denied that such demand took place. (Marketwire)
(15)	2:48 PM We have released our 1st list of "Upgrades and Downgrades" in the Analysis and Advice section.
(14)	2:35 PM Schnitzer Steel Industries Inc. announced that it expects weakness in its third quarter as demand for recycled metals has remained soft while supplies continue to be tight. - NASDAQ-SCHN
(13)	2:35 PM Osiris Therapeutics Inc. has been authorized by Health Canada to market its main stem-cell therapy, Prochymal, for the treatment of acute infections in children following a transplant procedure. (WSJ) - NASDAQ-OSIR
(12)	1:03 PM Sequenom Inc. (Q-SQNM) announced that Coventry Health Care Inc. (N-CVH) has terminated its agreement to provide coverage for the its MaterniT21 Plus laboratory test. - NASDAQ-SQNM
(11)	10:54 AM Winnebago Industries has recieved a letter from North Street Capital proposing to acquire the company for $11.00 per share in cash. (PRNewswire) - NYSE-WGO
(10)	10:49 AM More specifics on the Yahoo! Inc. news: The company expects to sell 20% of Alibaba Group for about $7 billion. (BusinessWeek) - NASDAQ-YHOO
(9)	9:17 AM In Europe, the FTSE was down 0.86%. A total of 16 Spanish banks were downgraded by Moody's. The government there said 60% of home mortgages are considered to be at risk. The cost to secure the debt of Spain against a default increased a record amount. Fitch downgraded the credit rating of Greece by one notch. A report by Citi analysts estimated a 50% to 75% chance that Greece would leave the European Union. Members of the G-8 are meeting at Camp David today and tomorrow. Greece is on the agenda. The Spanish stock market was up today by more than 0.5% on rumours that the authorities are about to ban shorts on bank stocks. - NYSE-EWU
(8)	9:11 AM In China, the Hang Seng closed down sharply by 1.3%. A decline in home prices and rising inventories of unsold cars suggest that economic growth slowed in China. - NYSE-FXI
(7)	9:09 AM In Japan, the Nikkei closed down sharply by 2.99% on the situation in Europe and worrying signs that growth is falling in China. - NYSE-EWJ
(6)	9:08 AM Consumer prices in Canada rose 2.0% in the 12 months to April, led by increases in transportation costs. This increase followed a 1.9% rise in March. Analysts had expected another 1.9% increase.
(5)	9:06 AM Kinder Morgan (N-KMI) will replace El Paso (N-EP) in the S&P 500, following the acquisition of El Paso by Kinder. (CNBC) - NYSE-KMI
(4)	9:06 AM Facebook (Q-FB) will begin trading at 11:00 after final pricing yesterday at $38 per share. At an IPO price of $16 billion, the company is valued at $104 billion. (CNBC) - NASDAQ-FB
(3)	9:02 AM Resolute Forest Products (T-ABH, N-ABH), announced that it has increased its ownership over Fibrek Inc. (T-FBK) to 74.56% and has now closed its offer for the company's shares. (CNW) - TSX-FBK
(2)	9:01 AM There are reports emerging that Yahoo! (Q-YHOO) is the final stages of striking a deal to sell a large stake in Alibaba Group back to the company in a deal that includes multi-billion-dollar share buyback for Yahoo! and an eventual IPO for Alibaba. (StreetInsider) - NASDAQ-YHOO
(1)	8:59 AM According to a CIBC report Canadian oil production may rise by as much as 2.5 million barrels per day by 2020, beating previous forecasts as Canadian crude output could cross 6 million bpd by the end of the decade, up from current production levels of roughly 3.6 million bpd. (FP)

		Up Cycles			Down Cycles			Neutral
May 18, 2012 (Publication #33)	Dir
TSX Sectors		8	8	12	13	129	104	155
Uptrend sectors (1)	Stocks by technical pattern
Materials		1	2	3	4	40	60	65
Neutral sectors (2)
Technology					2	1	1	4
Energy		3	1			34	27	45
Downtrend sectors (7)
Cons. staples		1	1		1	2		4
Finance		2	1	2	1	23	5	13
Cons. discretionary		1	2	2		8	2	8
Industrials				2	5	11	6	5
Utilities						5	1	5
Telecoms			1	3				4
Health						5	2	2

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