Tom Petruno

Freelance Journalist

About

I am a former financial columnist for the Los Angeles Times (1990-2011), now an independent investor, writer and consultant.

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Japan stock selloff just takes Nikkei back to May 10 levels. Still up 40% ytd. bigcharts.marketwatch.com/quickchart/qui…

NIKKEI 225 Index, JP:NIK Quick Chart

bigcharts.marketwatch.com — JP:NIK - NIKKEI 225 Index Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts.com.
Whoa. Huge selloff hits Japanese stocks after 6-mo. surge. Nikkei dives 1,062 pts, 6.8% to 14,564 as bond ylds rise. bloomberg.com/news/2013-05-2…

Japanese Shares Extend Biggest Drop in Seven Weeks on Yen

bloomberg.com — Japan's Topix index slid more than 5 percent, the most since the aftermath of the March 2011 tsunami and nuclear disaster, as financial companies plunged amid rising bond yields. The rout triggered a halt in Nikkei 225 Stock Average futures trading in Osaka.
. @ReformedBroker Farrell is just nuts. He fear-mongers non-stop because he hasn't had an original market thought in decades.
More reason for caution: 55.2% of mkt newsletters bullish on stocks, most since April '11 (weekly II poll). Historically, a contrarian sign.
God love the Russians: Brezhnev is Russia’s most cherished leader of 20th century, followed by Stalin, poll says. blogs.wsj.com/emergingeurope…

Brezhnev Tops List of Most Popular 20th-Century Moscow Rulers

blogs.wsj.com — MOSCOW-Soviet leader Leonid Brezhnev is Russia's most cherished leader of the 20th century, followed by Josef Stalin, according to a poll published Wednesday. Mr. Brezhnev ruled the Soviet Union, of which Russia is the legal successor, during some of the best times.
ESPN's competitors are starting to cost it real money. Hence, the layoffs. $DIS businessinsider.com/espn-nightmare…

The Nightmare Scenario For ESPN

businessinsider.com — A. Messerschmidt/Getty Images ESPN is reportedly planning to fire hundreds of people for the first time since 2009. The company is still in great shape. It's still the most valuable media property in the world. It's still crushing its competitors. And it's still printing money.

US Generic Govt 10 Year Yield

bloomberg.com — Yields are yield to maturity and pre-tax. Indices have increased in precision as of 5/20/2008 to 4 decimal places. The rates are comprised of Generic United States on-the-run government bill/note/bond indices. The underlying benchmark bonds are located under {YCGT0025 DES} 2 for "Members".

Japan Govt Bond Year to maturity 10 Year Simple Yield

bloomberg.com — Analysis & trends for Japan Govt Bond Year to maturity 10 Year Simple Yield (GJGB10) including current rate, chart, profile, news and other data.
Dow ends -80, 0.5% to 15,307 as mkts hiccup on Fed stimulus questions. Nasdaq -1.1%, S&P 500 -0.8%. marketwatch.com/story/number-o…

‘Number’ on Fed backed tapering as early as June

marketwatch.com — WASHINGTON (MarketWatch) - A number of Federal Reserve officials were willing to slow down the pace of the purchases as early as the June meeting if the data continued to improve, according to the minutes of the April 30-May 1 policy meeting released on Wednesday.
You wanted a sell-off? Russell 2000 small-stock index -2% with 10 minutes to go. bigcharts.marketwatch.com/quickchart/qui…

Russell 2000 Index (Nasdaq), RUT Quick Chart

bigcharts.marketwatch.com — RUT - Russell 2000 Index (Nasdaq) Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts.com.
Wait -- they're rioting in Sweden, but not in Greece, Spain or Portugal?reuters.com/article/2013/0…

Stockholm riots challenge image of happy, generous state

reuters.com — Credit: Reuters/Fredrik Sandberg/Scanpix 1 of 2. A car set on fire burns, following riots in the Stockholm suburb of Kista late May 21, 2013, in this picture provided by Scanpix. On Tuesday night, a police station in the Jakobsberg area in northwest Stockholm was attacked, two schools were damaged and an arts and crafts centre was set ablaze, despite a call for calm from Prime Minister Fredrik Reinfeldt.
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