Noteworthy Financial Stories for June 22

Springboarding Off The 200 Day Moving Average
http://www.tradersnarrative.com/springboarding-off-the-200-day-moving-average-4297.html

Five Unlikely ETF Winners From China's Yuan Policy Shift
http://seekingalpha.com/article/211215-five-unlikely-etf-winners-from-china-s-yuan-policy-shift?source=feed

From Oversold To Overbought In The Blink Of An Eye
http://www.tradersnarrative.com/from-oversold-to-overbought-in-the-blink-of-an-eye-4274.html

Shifting Wealth: The Emerging Bull Market
http://www.tradersnarrative.com/shifting-wealth-the-emerging-bull-market-4293.html

Daily Market Commentary: Plenty of Volatility
http://www.markets.fallondpicks.com/2010/06/daily-market-commentary-plenty-of.html

Stocks Snap Longest Rally in 11 Months; U.S. Futures, Oil Fall
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aXuCZDd2CBOw

Exporters Optimistic Over Move on Currency
http://www.nytimes.com/2010/06/22/business/22react.html?partner=rss&emc=rss

World stocks down as Europe debt fears creep back
http://finance.yahoo.com/news/World-stocks-down-as-Europe-apf-3521732329.html?x=0

Distressed CMBS Loans Up 41% in April, as Commercial Real Estate Prices Edge Higher
http://www.housingwire.com/2010/06/21/distressed-cmbs-loans-up-41-in-april-as-commercial-real-estate-prices-edge-higher

More Bankers Expect Economic Improvement before 2011: Grant Thornton
http://www.housingwire.com/2010/06/21/more-bankers-expect-economic-improvement-before-2011-grant-thornton

Purchases of U.S. Existing Homes Unexpectedly Fall
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aFrqvbZJB_Ag&pos=1

Geithner Says Credit Access Improving, May Aid Growth
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aFNglNGmjWOk&pos=4

Inflation Expectations Signal No Hurry for Fed to Raise Rates
http://noir.bloomberg.com/apps/news?pid=20601087&sid=a50ZoA7W63fM&pos=5

BP Oil Disaster Costs U.S. State Pensions $1.4 Billion in Value
http://noir.bloomberg.com/apps/news?pid=20601109&sid=aCTrmb3sdPMc&pos=11

Yuan Gain May Alter Global Growth More Than Velocity
http://noir.bloomberg.com/apps/news?pid=20601010&sid=a3KVAn12SCeI

Obama Seeks More Than $100 Million for Laid-Off Oil Rig Workers
http://noir.bloomberg.com/apps/news?pid=20601070&sid=ae4iwFEPQY4s

Airline Passenger Bumping in U.S. May Be Highest Since 2001
http://noir.bloomberg.com/apps/news?pid=20601093&sid=aPAZ2b.sg_fE

S&P 500 Losing 50% Recovery Signals Caution in Charts
http://noir.bloomberg.com/apps/news?pid=20601084&sid=aTdyizOXFEaY

U.S. Stocks Are Poised to Lag After Plunge in VIX, Bespoke Says
http://noir.bloomberg.com/apps/news?pid=20601084&sid=a9tLSVEpcm7E

Merrill Says Markets ‘Overreacted’ on European Debt
http://noir.bloomberg.com/apps/news?pid=20601084&sid=aM2K7aQXZEn4

Silver, ‘Gold’s Little Brother,’ May Advance to $23
http://noir.bloomberg.com/apps/news?pid=20601012&sid=aQKrKMADo9o8

Yuan Falls Most Since December 2008 on Signs PBOC to Curb Gains
http://noir.bloomberg.com/apps/news?pid=20601083&sid=a2rRNIKek2go

Pimco Favors Brazil, Mexico, Korea for Investment
http://noir.bloomberg.com/apps/news?pid=20601014&sid=aik06jo77GWI

Moody's: Commercial real estate prices up in April
http://www.businessweek.com/ap/financialnews/D9GFRPM00.htm

BofA NY headquarters loan in unique CMBS, muni deal
http://www.reuters.com/article/idUSN2125512620100621

Atlanta leading nation in problem CMBS loans
http://www.bizjournals.com/atlanta/stories/2010/06/21/story6.html?b=1277092800^3524021&s=industry&i=commercial_real_estate

Marks: Strong credit correlates with strong corporate governance
http://www.reit.com/Videos/Steven-Marks-REITWeek2010.aspx
REITs Make Their Case
http://multifamilyexecutive.com/reits/reits-make-their-case.aspx

America's New Budgetless Reality Is "Betrayal Of American Taxpayers", Says Republican House Leader John Boehner
http://www.zerohedge.com/article/americas-new-budgetless-reality-betrayal-american-taxpayers-says-republican-house-leader-joh

Moody's/REAL Commercial Property Price Index Picks Up Slightly After Two Months Of Declines
http://www.zerohedge.com/article/moodysreal-commercial-property-price-index-picks-slightly-after-two-months-declines

Art of Being Wrong
http://vixandmore.blogspot.com/2010/06/art-of-being-wrong.html

Rally Over China's Yuan Move Fades as Quickly as It Began
http://www.cnbc.com/id/37849377

Country "PEG" Ratios
http://www.bespokeinvest.com/thinkbig/2010/6/22/country-peg-ratios.html

Kass: Adapting to Mr. Market
http://www.thestreet.com/story/10788699/1/kass-adapting-to-mr-market.html

One Big Thing We Don’t Know About Stocks
http://bucks.blogs.nytimes.com/2010/06/21/one-big-thing-we-dont-know-about-stocks/

MINIMIZING THE THREAT OF "LUCK"
http://www.capitalspectator.com/archives/2010/06/minimizing_the.html

Why All You Need Is A Dow Jones Index ETF
Read more: http://www.businessinsider.com/diamonds-is-the-only-holding-you-need-2010-6#ixzz0rbYfe3j3

Yuan or Renminbi: What’s the Right Word for China’s Currency?
http://blogs.wsj.com/marketbeat/2010/06/21/yuan-or-renminbi-whats-the-right-word-for-chinas-currency/

Hoodoos, Hedge Funds, and Alibis: Victor Niederhoffer on Being Wrong
http://www.slate.com/blogs/blogs/thewrongstuff/archive/2010/06/21/hoodoos-hedge-funds-and-alibis-victor-niederhoffer-on-being-wrong.aspx

Using Artificial Intelligence to Digest News, Trade Stocks
http://blogs.wsj.com/digits/2010/06/21/using-artificial-intelligence-to-digest-financial-news/

S&P 500 struggles to escape the 200-day average
http://www.marketwatch.com/story/sp-struggles-to-escape-major-resistance-2010-06-22?siteid=yhoof

CBS - Recession Redfines Goals
http://www.fundmymutualfund.com/2010/06/video-cbs-recession-redfines-goals.html

Trading Cycles
http://www.ritholtz.com/blog/2010/06/trading-cycles/

Current Standard Deviation Levels for the Daily SP500 SPX
http://blog.afraidtotrade.com/current-standard-deviation-levels-for-the-daily-sp500-spx/

How to ride an up-and-down market
http://money.cnn.com/2010/06/22/pf/riding_volatile_market.fortune/index.htm?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28Markets%29