Friday, October 22, 2010

DailyMarkets.com - 75 Ways Americans Are Drained Financially By The US Government And Financial Elite

DailyMarkets.com - 75 Ways Americans Are Drained Financially By The US Government And Financial Elite


75 Ways Americans Are Drained Financially By The US Government And Financial Elite

Posted: 22 Oct 2010 03:40 AM PDT

The American people are experiencing financial death by a thousand cuts and most of them don’t even realize it.  The U.S. government, state governments, local governments and the financial elite are draining us financially in dozens upon dozens of different ways, and yet we have become so programmed to accept it that it just seems normal to us.  2011 is rapidly approaching, and a whole slate of federal taxes is scheduled to go up, state taxes are being increased from coast to coast, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Buy, Sell Or Hold CriticalControl Solutions With Technology Analyst Steve Li Of Industrial Alliance Securities

Posted: 22 Oct 2010 02:25 AM PDT

Discovering a micro/small cap stock that delivers both profitability and growth while being cheap is a rarity. Today's interview highlights one such stock in the technology sector in Canada.
If any of you have ever heard of the company Computer Modelling Group (CMG:TSX), you'll notice, as you read through the interview, how comparable the stock we highlight today is to Computer Modelling Group. Now, if you've never heard of Computer Modelling Group, take a minute and check out it's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


How You Can Profit From Rising Food Prices With These 2 ETFs

Posted: 22 Oct 2010 02:01 AM PDT

Here's a question for you … and I'm pretty sure your answer is "Yes." The question is: Do you eat?

Food is a basic necessity of life. We all need to eat. Some of us eat more than others do, of course. Sadly, some people live in places where there simply isn't enough food to go around.

The good news is that this is starting to change. The world is going through an agricultural revolution. For ETF investors, it is a potentially huge opening. Today I will tell you how to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Euro Falls Following Sentance Comments..

Posted: 22 Oct 2010 01:24 AM PDT

Following the rise in the value of the euro after the better than expected German Ifo release, there was a hard selling of the euro (and GBP) following a headline from the BOE's Sentance that it is understandable that people are nervous about the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Euro Firmer After Better German IFO

Posted: 22 Oct 2010 01:01 AM PDT

Euro higher all over after German Ifo business climate came in at 107.6 and Italian retail sales as expected at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Euro Testing Support At 1.3892

Posted: 22 Oct 2010 12:46 AM PDT

EUR/USD, which has been trading continually lower the past two hours is testing 1.3892; a support level from earlier in the week and is trading in the area of the 100 hour moving average at 1.3900. A solid move through this line may bring us to the 100.0% line at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USD/JPY Tests Old Support At 80.98

Posted: 22 Oct 2010 12:27 AM PDT

Seen below, USD/JPY finds a low of 80.99 for this session which is a support level tested multiple times this … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Markets Cautious Ahead Of G20 Meeting

Posted: 22 Oct 2010 12:24 AM PDT

Markets Cautious Ahead of G20 Meeting
With speculations about further quantitative easing and possible currency agreements dominating this week’s trading, the meeting of G20 central bankers is going to continue to be the focus coming to next week and will likely provide a volatile trading day, particularly for the USD.
Economic News
USD – Dollar Unable to Reverse Downward Trend
The USD seems unable to bounce back from the downward spiral it has been experiencing for the last several weeks. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Turkey: A Country On The Rise

Posted: 22 Oct 2010 12:01 AM PDT

Turkey has been a bright spot for emerging markets this year, nearly tripling the performance of other Emerging European countries. Tim Steinle, co-manager of the Eastern European Fund (EUROX), has just returned from a research trip to Turkey and reports the Turkish story is gaining momentum.

Industrial Production (IP) grew 11 percent during September compared with the same time period a year ago, reflecting the economy is getting stronger. Global investors are starting to take notice. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading:

Posted: 21 Oct 2010 11:58 PM PDT

Economic News
USD – Dollar Unable to Reverse Downward Trend
The USD seems unable to bounce back from the downward spiral it has been experiencing for the last several weeks. Investor concerns regarding the quantitative easing package likely to be unveiled by the Fed as early as next month, have led to steady losses for the greenback. In addition, disappointing employment and housing figures have caused confidence in the US economy to tumble. It appears that the new norm for the EUR/USD pair is … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Oil Falls As China Slows, Gold Approaches 1-Month Lows As Traders Bail

Posted: 21 Oct 2010 11:51 PM PDT

Commodities – Energy
Crude Oil Falls as China Slows
Crude Oil (WTI) – $81.12 // $0.56 // 0.70%
Commentary: Crude oil shed $1.21, or 1.48%, on Thursday giving back half of the prior day's gains. Oil seems to be gradually seesawing lower as it consolidates after a sharp rally earlier this month.
There was little to drive risk sentiment on Thursday—initial jobless claims was the only U.S. economic release of consequence—and that came out as expected and close to the same levels as last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EUR/JPY Finding Some Resistance Around 113.35

Posted: 21 Oct 2010 11:30 PM PDT

After reaching a high of 113.92 yesterday, the pair trading down to the 50.0% line on the move from Oct 20 lows to 21st highs and then recovered back to the 23.6% line at 113.358. It tested this level with the last 2 hourly candlesticks with a session high of 113.39, but could not penetrate through or close above the level. The first target to the downside is 113.011, and a move higher brings us back to the 23.6% … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bull Of The Day: The Cooper Companies (COO)

Posted: 21 Oct 2010 11:05 PM PDT

We initiate our coverage on The Cooper Companies (NYSE:COO) with an Outperform rating and a target price of $61. The company reported earnings per share of $0.91 in the third quarter, $0.20 above the Zacks Consensus Estimate.
Cooper proves to be a turnaround story based on rationalization of plants, successful product launches and better execution. Also, industry outlook has improved with an expectation of lower drop-out rates and a higher proportion of sales of value added lenses.
Within the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Growth & Income Stock: TJX Companies, Inc

Posted: 21 Oct 2010 11:05 PM PDT

TJX Companies (NYSE:TJX) has performed very well in the difficult retail environment as consumers continue to hunt for bargains.
The company reported solid quarterly results driven by sales growth and gross margin expansion. Management also raised its guidance for the remainder of the year, prompting many analysts to up their estimates.
Macy’s Loss is Your Gain
The company’s business model lends itself to perform well given nearly any economic environment.
TJX is an off-price retailer that sells … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bear Of The Day: PetMed Express (PETS)

Posted: 21 Oct 2010 11:05 PM PDT

PetMed Express (NASDAQ:PETS) reported another disappointing quarter with EPS of $0.22, way below the Zacks Consensus Estimate of $0.26 and the year-ago quarter’s $0.28. Revenues continued to slide with decline in new order sales and fewer new customers.
Moreover, both gross and operating margins declined driven by higher product costs and advertising expenses. This is a big blow for the company as it depends on advertising to increase its customer base. Moreover, economic uncertainty is taking a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Aggressive Growth Stock: Ann Taylor Stores

Posted: 21 Oct 2010 11:05 PM PDT

Ann Taylor (NYSE:ANN) analysts are looking for explosive growth from the women’s retailer. The company has posted solid sales results and continues to improve efficiency.
Additionally, this Zacks #1 Rank (Strong Buy) is trading with attractive valuations, given the fantastic earnings trajectory.
Company Description
Ann Taylor Stores is a women’s retailer in the U.S. with almost 900 locations under the names Ann Taylor, Ann Taylor Factory, LOFT and LOFT Outlet. Merchandise is also available through … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Momentum Stock: Caterpillar, Inc.

Posted: 21 Oct 2010 11:05 PM PDT

Caterpillar, Inc. (NYSE:CAT) just reported another awesome quarter that handily beat expectations, sending shares to within striking distance of the multi-year high at $81.19. With strong demand coming from both developed and emerging markets, this Zacks #1 rank stock has plenty of upward momentum.
Company Description
Caterpillar, Inc. manufactures and sells construction and mining equipment worldwide. The company was founded in 1925 and has a market cap of $50 billion.
We just got an update on … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Baidu Shares Join The Ranks Of Ten Baggers, Similar To Apple’s Amazing Rally

Posted: 21 Oct 2010 08:56 PM PDT

Baidu (NASDAQ:BIDU) has been one of those companies that just keeps on giving and giving – similar to Apple's (NASDAQ:AAPL) amazing price rally.

Let's take a look at its weekly chart, note the 10x move from the 2009 lows, and learn a few simple lessons on how to trade these kind of moves – with a focus on simple charting techniques (way easier than you think). First, the chart:

First of all, it's virtually impossible to foresee in advance – at the lows – when a low-priced stock … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Interesting Fact Of The Day

Posted: 21 Oct 2010 08:45 PM PDT

According to this article, there are “more tigers in captivity in the U.S. than survive in the wild. As few as 3,200 tigers are left in the wild across Asia, down from 100,000 a hundred years ago. America’s 5,000-plus captive tigers are mostly kept by private individuals, not zoos.”

Via Twitter from Paul … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Carbon-Monoxide Detector With Snooze Button Recalled

Posted: 21 Oct 2010 08:10 PM PDT

Gotta love The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Singapore Stock Market Update For Friday 22 October

Posted: 21 Oct 2010 08:09 PM PDT

No quick picks

Index opened little change after choppy session from the overnight DJ. Consolidating is on the card for now.

News update :

1) Finnish mobile-phone giant Nokia swings to $560 million third-quarter operating profit.
2) Travelers net income rises to $1.01 billion on ‘strong’ underwriting results.
3) McDonald’s sales, earnings gains and hiked dividend set to extend stock’s all-time high.
4) US weekly jobless-benefits claims fall by 23,000.
5) US stocks’ rally carries over to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Gold – FOREX Correlations Point Toward NZD/USD For Precious Metals Exposure

Posted: 21 Oct 2010 07:36 PM PDT

Gold has been receiving an increasing amount of attention recently as the metal soars to new record levels. But you don't have to trade gold to benefit from the metal's recent volatility. In fact, many of the popular currency pairs have been moving in tandem with gold, offering forex traders an opportunity to piggyback on the uptrend or bet against it, with the added benefit of trading within the world's deepest and most liquid market.
The following table includes the correlation between … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Explaining Income Inequality

Posted: 21 Oct 2010 07:27 PM PDT

The chart above (click to enlarge) shows selected characteristics of U.S. household by income quintiles (and the top 5%) for 2009, using data from the Census Bureau (here). Here is a summary of some of the differences between low-income and high-income household in America:

1. On average, there are more income earners per household in highest-income households (2.05 earners for the top fifth) than earners in the lowest-income households (0.48 for the lowest fifth).

2. Married-couple families … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Remember The ’70s?

Posted: 21 Oct 2010 06:59 PM PDT

(Life, June 5, 1970)
If fashion is a reflection of where things stand, then the following Associated Press report, “’70s Look Largely Mirrors Modern Tastes and Times,” should be a cause for concern:
NEW YORK – A new 1970s-style fashion muse, who means business during the day but can disco the night away, dominated the recent runway trends in the world’s fashion capitals.

“When you see various retro things coming and going, the one with the greatest legs is the reference to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Picks For Friday: THQ, Compuware, Cepheid

Posted: 21 Oct 2010 06:04 PM PDT

( click to enlarge )
THQ Inc. (NASDAQ:THQI) finally broke above resistance in todays trading session after a period of consolidation and this is a good time to buy. The stock has been moving nicely the past couple of days.  I still like this stock and will be watching it again on Friday, expecting to see a continuation move. Resistance for Friday is $4.39, which was today’s high. Next target is the red line on the chart. If the price is able to close above the red trendline then expect a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Both Gold And Oil Are Invested In Chinese GDP, Risk Appetite

Posted: 21 Oct 2010 05:16 PM PDT

North American Commodity Update
Commodities – Energy
Slowed Growth in China Translates into Tempered Oil Demand and Lower Crude Prices
Crude Oil (LS Nymex) – $80.56 // -$1.21 // -1.48%
While US crude may have traded within a remarkably consistent trend channel the past three weeks, this congestion belies a relatively high level of volatility. Today's activity was no different as oil reported yet another heavy turnover day and covered a range of over $2.40 for the fourth consecutive day. This … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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