Daily Markets - Crude Oil Tests Levels Below $80, Gold Looks To The US Dollar
Daily Markets - Crude Oil Tests Levels Below $80, Gold Looks To The US Dollar |
- Crude Oil Tests Levels Below $80, Gold Looks To The US Dollar
- Forex Trading: USD/JPY Looks To Breach Below 85
- Growth & Income Stock: Lennox International
- Aggressive Growth Stock: DG FastChannel
- Momentum Stock: Crocs, Inc.
- Bear Of The Day: Novatel Wireless (NVTL)
- Bull Of The Day: RLI Corp. (RLI)
- Forex Trading: Usd/Jpy May Test Historical Levels
- “Suspicious Packages”: A Proposed Islam-Friendly Gay Bar To Be Built Next To Mosque At Ground Zero
- July Tax Collections In Some States Are Booming
- Singapore Stock Market Update For Wednesday 11 August
- Stock Picks For Wednesday 11 August: Sirius XM Radio, Advanced Micro Devices, Ciena, A-Power Energy Generation Systems
- Top Or Consolidation, That Is The Question.
| Crude Oil Tests Levels Below $80, Gold Looks To The US Dollar Posted: 10 Aug 2010 11:51 PM PDT Commodities – Energy |
| Forex Trading: USD/JPY Looks To Breach Below 85 Posted: 10 Aug 2010 11:46 PM PDT USD/JPY Looks to Breach Below 85 |
| Growth & Income Stock: Lennox International Posted: 10 Aug 2010 11:05 PM PDT Lennox International (NYSE:LII) recently beat quarterly estimates and raised guidance for the full year. The company indicated that the success of its new products and productivity initiatives across its businesses helped expand its profit margins to record highs. |
| Aggressive Growth Stock: DG FastChannel Posted: 10 Aug 2010 11:05 PM PDT DG FastChannel (NASDAQ:DGIT) recently reported excellent quarterly results. Estimates are climbing and the recent volatility has created a great value as well. |
| Posted: 10 Aug 2010 11:05 PM PDT Crocs, Inc. (NASDAQ:CROX) just hit a multi-year high after reporting better than expected Q2 results on Aug 5 that included a 61% earnings surprise. With a growing international presence and strong online sales, the company has capitalized on the improving consumer environment. |
| Bear Of The Day: Novatel Wireless (NVTL) Posted: 10 Aug 2010 11:05 PM PDT We downgrade our recommendation for Novatel (NASDAQ:NVTL) to Underperform following its second quarter 2009 financial results, well below the Zacks Consensus Estimates. Novatel is facing intensifying competition for its legacy embedded solutions products that is expected to result in overall lower ASP and lower gross margin. |
| Bull Of The Day: RLI Corp. (RLI) Posted: 10 Aug 2010 11:05 PM PDT We are upgrading RLI Corp. (NYSE:RLI) to Outperform as we believe the company will benefit from business expansion drive diversification into crop and other assumed property reinsurance. Also its extensive product offerings, strong local branch network and focus on specialty insurance lines is expected to aid top-line growth. |
| Forex Trading: Usd/Jpy May Test Historical Levels Posted: 10 Aug 2010 10:20 PM PDT Usd/Jpy saw an aggressive sell off post FOMC but has yet to break below 85.00. The pair should run into resistance at the 85.45-50 level where the 38.2% fibo lies (85.00 low, 86.21 high). The longer the pair stays below this level the better shot we have of seeing Usd/Jpy below 85.00 and test its 15 year low of 84.80. Here is a monthly chart showing the last time Usd/Jpy was below 85.00 back in July of 1995. Based on this chart there should be an abundance of bids in front of this … [visit site to read more] |
| “Suspicious Packages”: A Proposed Islam-Friendly Gay Bar To Be Built Next To Mosque At Ground Zero Posted: 10 Aug 2010 07:08 PM PDT On the Glen Beck show, Greg Gutfeld discusses his plan to “build and open the first gay bar that caters not only to the west, but also Islamic gay men. To best express my sincere desire for dialogue, the bar will be situated next to the mosque Park51, in an available commercial space.” HT: Nick … [visit site to read more] |
| July Tax Collections In Some States Are Booming Posted: 10 Aug 2010 06:57 PM PDT NASHVILLE, TENNESEE – State sales tax revenues for July jumped with the largest monthly growth in over three years. The last month in which sales tax collections exceeded this month's growth rate was April of 2007. OKLAHOMA CITY, OK - State revenue collections for the month of July, the first of the new fiscal year, outperformed both prior year collections and the official estimate, state Treasurer Scott Meacham reported. “Collections in all major areas are above the same month … [visit site to read more] |
| Singapore Stock Market Update For Wednesday 11 August Posted: 10 Aug 2010 06:30 PM PDT Morning Highlights Singapore stock prices weakened in opening trade, with STi down 14.75 points to open at 2969.54 after Wall Street closed lower overnight. U.S. Rate Decision U.S. June Trade Balance figures China’s July CPI numbers Corporate Announcements: Yangzijiang announced 31.8% year-on-year growth in 2Q10 net profit to RMB 800.5 million. Sound Global announced 3.5% year-on-year decrease in 2Q10 net profit to RMB 74.5 … [visit site to read more] |
| Posted: 10 Aug 2010 06:15 PM PDT ( click to enlarge ) A-Power Energy Generation Systems (NASDAQ:APWR) is trying to steady itself around the support at $8. A fall below this level will make the short-term outlook negative again and it will pave the way for a fall to $7.76. Hold the stock with a stop at $7.96. ( click to enlarge ) Sirius XM Radio (NASDAQ:SIRI) The stock didn’t make significant movement today, closing at $1.01. Overall price still consolidation in range area of 1.10-0.90. The bias remains neutral at this … [visit site to read more] |
| Top Or Consolidation, That Is The Question. Posted: 10 Aug 2010 04:43 PM PDT Were you hooked all day waiting for the Fed announcement? If not, don’t worry because I was watching and waiting for you. I learned that, as far as the market was concerned, it was pretty anticlimatic. The market was down over a percentage point all day but then the announcement came, the talking heads began attempting to sort it all out and give their professional opinions of what it all meant for the economy, for the dollar, for commodities and for the market. A checkerboard of 6 talking … [visit site to read more] |
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