Sunday, October 10, 2010

DailyMarkets.com - Crude Oil: Next Major Resistance At $87 A Barrel

DailyMarkets.com - Crude Oil: Next Major Resistance At $87 A Barrel


Crude Oil: Next Major Resistance At $87 A Barrel

Posted: 10 Oct 2010 02:01 AM PDT

Crude Oil hit a high of $84.09 on Thursday morning before investors sold into the rally in all commodities before the volatile jobs report on Friday morning. The shorts pushed Crude to a weekly low of $80.30 early Friday morning, which was a nice buying opportunity, as Crude Oil closed the electronic session on Friday at $82.84.

After the jobs report came in within expectations, there was substantial fund buying back in all the commodities across the board with the thought that the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Interesting Fact Of The Day: Population In 2050

Posted: 09 Oct 2010 08:50 PM PDT

By 2050, India will overtake China as the world’s most populous country, and the United States will still rank #3.  Not too surprising.  But by 2050, which countries will rank #4, #5, and #6 by population?  That’s a little more surprising, see the list here. 

And look at what’s expected to happen for the populations of Japan and Russia between 2025 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Entrepreneurs Built Amway, But Their Kind Is Not Welcome Near The Amway Center In Orlando

Posted: 09 Oct 2010 08:14 PM PDT

“When the old arena for the Orlando Magic opened 21 years ago, it was common for Parramore neighborhood residents who lived nearby to charge Magic fans and concert-goers to park on their property. But five weeks ago, the Orlando City Council approved standards that will likely keep most Parramore homeowners from profiting on parking near the Orlando Magic’s new $480 million Amway Center (pictured above).

Among other things, property owners must pay a $275 application fee and provide a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Price Discrimination: India And Disney World

Posted: 09 Oct 2010 07:35 PM PDT

The picture of the sign above is a good example of “price discrimination” at an archeological site in India, where citizens of India pay an admission fee of 10 rupees (about 25 cents) and “other citizens” pay $5 (or 250 rupees).

Another example of price discrimination are the many discounts at Disney World that are only available for resident of Florida. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Another Group Voices Their Concern

Posted: 09 Oct 2010 06:49 PM PDT

I wonder how many people are going to have to say the economy is in trouble before equity investors finally sit up and take notice? The latest group to voice their concerns includes those individuals who presumably have a better handle on what is happening on Main Street’s front lines than the crew that is addicted to easy money, contagious fantasizing, and aggressive speculation:
“CEO Confidence Declines, The Conference Board Reports” (PRNewswire) [italics mine]
The Conference Board Measure … [visit site to read more] or compare Best Credit Cards and Best CD Rates


What Americans Are Thinking

Posted: 09 Oct 2010 06:15 PM PDT

It’s been a while since I went through the print edition of a mainstream magazine, but while I was killing time at a relative’s house this weekend I read the cover story from the latest issue of Time.
Entitled “Encountering Anguish and Anxiety Across America,” the article details what Joe Klein believes are “the big issues our politicians aren’t talking about in an angry and anxious election season,” based on the writer’s 24-day, 6,782- mile journey by car from coast to coast across … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Sentiment Update: Feelin’ Good Again

Posted: 09 Oct 2010 05:59 PM PDT

By Seeking Delta of http://seekingdelta.wordpress.com
The  NAAIM (active money managers) and AAII (individual investors) sentiment surveys were released Wednesday and Thursday respectively. Both showed a sizable increase in bullish sentiment.

Click to View

Active managers continue to pile into equities as the NAAIM survey saw a jump in its weekly number from 68% last week to 78% this week. The eight week moving average has been trending up since last July. At 78%, the current … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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