DailyMarkets.com - The Fed’s Keeping The Bull Cycle For U.S. Stock Market Alive And Well

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• The Fed’s Keeping The Bull Cycle For U.S. Stock Market Alive And Well
• Who Owns The Media? The 6 Corporations That Control Almost Everything We Watch, Hear & Read
• Gold Likely Now In A Runaway Move Higher
• U.S. Stock Market: Make No Mistake, The Storm Is Coming
• U.S. Stock Sectors To Watch For
• Expect Crude Oil To Hit $100 A Barrel By January
• What You Need To Know About Building Permits When Renovating A Home
• Forex Trading: Eurozone PPI
• Forex Trading: Eurozone Sentix Investor Confidence Rises 8.8 In October
• Russia-Germany Nord Stream Pipeline Under Way
• Forex Trading: Eur/Usd Threatening A Break Below Support
• Forex Trading: Dollar Pairs Losses But Remains Weak
• Crude Oil Unchanged After 2-Week Surge, Gold Holds Record Levels On Long-Term Concerns
• Bull Of The Day: Triumph Group, Inc. (TGI)
• Bear Of The Day: Regis Corp. (RGS)
• Momentum Stock: Intercontinental Hotels Group PLC
• Aggressive Growth Stock: Family Dollar Stores
• Growth & Income Stock: McCormick & Co, Inc
• Not All Doom & Gloom In The Markets: Cyclical & Opportunity!
• Increases In U.S. Worker Productivity, More Than China’s Currency, Responsible For Loss Of U.S. Jobs
• U.S. Economy & Stock Market Performance: The Biggest Disconnect Of All Time
• Legalize It In CA: Intrade Odds Jump To 70%
• I Didn’t Realize…
• Top 10 Best Selling Cars And Trucks In 2010
• Forex Trading: USD/JPY Downward Daily Trend

The Fed’s Keeping The Bull Cycle For U.S. Stock Market Alive And Well Posted: 04 Oct 2010 03:32 AM PDT News from the U.S. Federal Reserve is keeping the bull cycle for U.S. stocks alive and well. Despite investors taking a breather this week, the outlook is good for coming months. The Standard & Poor’s 500 Index fell 0.2% since Monday, while the Nasdaq 100, shown below, fell every day of the past week for a total slippage of 1.5%. The week felt a lot better than that for my subscribers because all but one of our exchange-traded funds (ETF) bets is on overseas stocks, and most rose … [visit site to read more]

Who Owns The Media? The 6 Corporations That Control Almost Everything We Watch, Hear & Read Posted: 04 Oct 2010 03:25 AM PDT Back in 1983, approximately 50 corporations controlled the vast majority of all news media in the United States.  Today, ownership of the news media has been concentrated in the hands of just six incredibly powerful media corporations.  These corporate behemoths control most of what we watch, hear and read every single day.  They own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite … [visit site to read more]

Gold Likely Now In A Runaway Move Higher Posted: 04 Oct 2010 03:19 AM PDT Most people have a lot of trouble buying anything when it’s in an overbought condition (they have trouble buying when it’s oversold too). Unfortunately virtually every breakout occurs from overbought levels. This is especially true during a powerful C-wave advance. Take a look at the last two C-waves and the first leg up in the current C-wave. You can see that each one of these powerful rallies when it broke out of the trading range had already reached overbought levels. Then … [visit site to read more]

U.S. Stock Market: Make No Mistake, The Storm Is Coming Posted: 04 Oct 2010 03:15 AM PDT It was a relatively calm week as global stock markets for the most part flat lined in the face of conflicting economic news and statements from the Federal Reserve. The bulls and bears have largely been at a standoff since mid September, and while nobody can predict the future, I can tell you with some certainty that this stalemate will not continue. In fact, the longer we remain in this sideways coiling process, the more powerful the breakout will eventually be, either up or … [visit site to read more]

U.S. Stock Sectors To Watch For Posted: 04 Oct 2010 03:12 AM PDT Here are a few industries that I think are setting up nicely here. For this list, I decided to ignore industries like gold and silver, which are no doubt bullish, but have already run up big but instead decided to go with industries that have been flagging or consolidating lately. Disk Drives Utilities Retail Telecomm Here are a few thoughts as we head into … [visit site to read more]

Expect Crude Oil To Hit $100 A Barrel By January Posted: 04 Oct 2010 03:07 AM PDT Last week the shorts were all lined up for another bearish inventory report for Petroleum products from the EIA, but lo and behold, miracles do actually occur. We had an extremely bullish report (Fig. 1) which caught a lot of traders poorly positioned, and many fund managers underexposed to the commodity, which relative to Gold, Silver, and Copper, smelled like a bargain in the face of further quantitative easing expected by the Federal Reserve in the 4 th quarter. The technicals … [visit site to read more]

What You Need To Know About Building Permits When Renovating A Home Posted: 04 Oct 2010 03:02 AM PDT Ray Leclair is an experienced real estate lawyer & Vice President, TitlePLUS With the explosion of DIY renovation shows on television and the convenience of Home Depot, renovating one's home has become so easy that no one thinks twice about doing it. However, think twice you should. As, in the following interview you will find out the that renovations involving finishing basements, updating plumbing or electrical equipment, or even adding a wood burning stove may require building … [visit site to read more]

Forex Trading: Eurozone PPI Posted: 04 Oct 2010 02:01 AM PDT Eurozone PPI m/m came in at 0.1%, weaker than the 0.2% expected. Y/Y came in at 3.6% as expected. Eur/Usd currently trades at … [visit site to read more]

Forex Trading: Eurozone Sentix Investor Confidence Rises 8.8 In October Posted: 04 Oct 2010 01:41 AM PDT Eurozone Sentix Investor Confidence Index for October came in at 8.8, stronger than the 8.0 expected and 7.6 prior reading. Eur/Usd currently trading just off its low at … [visit site to read more]

Russia-Germany Nord Stream Pipeline Under Way Posted: 04 Oct 2010 01:01 AM PDT SITUATION: Russia has succeeded in getting funding for the Nord Stream gas pipeline (formerly North European Gas Pipeline, NEGP), which will go under the Baltic Sea to Germany. It obtained environmental approvals from the littoral states concerned rather easily and earlier this year began to lay the pipes undersea. ANALYSIS: The deal is another indicator of ever-growing German-Russian cooperation and reorientation of German diplomacy, even as this takes place against the interests of … [visit site to read more]

Forex Trading: Eur/Usd Threatening A Break Below Support Posted: 04 Oct 2010 12:42 AM PDT Eur/Usd is threatening to break below a support level at 1.3710-15, which also signifies the 38.2% fibo (1.3711) of move up from 1.3559 to 1.3806. After breaking above this level on Friday it has been a good area of hourly support. A break below could send the pair down to 1.3675-80. If the pair holds a run back up to 1.3760-65 is … [visit site to read more]

Forex Trading: Dollar Pairs Losses But Remains Weak Posted: 03 Oct 2010 11:59 PM PDT Dollar Pairs Losses but Remains Weak The U.S dollar held near its lowest levels in 6 months against the euro on Monday after Federal Reserve officials said more quantitative easing might be needed if the U.S. economic outlook remained weak. Economic News USD – Dollar near Latest Lows vs. Euro The U.S currency was not far from an 8 month low against a basket of currencies on Monday with expectations increasing that the Fed would resort to a second round of bond purchases. U.S. manufacturing … [visit site to read more]

Crude Oil Unchanged After 2-Week Surge, Gold Holds Record Levels On Long-Term Concerns Posted: 03 Oct 2010 11:51 PM PDT Commodities – Energy Crude Oil Unchanged After 2-Week Surge Crude Oil (WTI) – $81.50 // $0.08 // 0.10% Commentary: Crude oil is unchanged in overnight trade after surging 6.7% last week. Over the last two weeks oil has risen an enormous 10.8%. Now that prices are back above $80 and near the top of the 1-year trading range between the high $60's and low $80's, gains should be much more gradual. Recall that this latest rally was due to a significant improvement in the global economic … [visit site to read more]

Bull Of The Day: Triumph Group, Inc. (TGI) Posted: 03 Oct 2010 11:05 PM PDT Triumph Group (NYSE:TGI) has been benefiting from acquisitions and internal manufacturing, and the recent Vought acquisition has been highly accretive to earnings. The reported EPS of $1.33 in the first quarter surpassed the Zacks Consensus Estimate of $1.08. Management expects the acquisition to add approximately $1.10 to the earnings estimate in fiscal 2011 and hence raised the guidance to approximately $6.00 per share, an approximately 17.0% increase from fiscal 2010. The Zacks Estimate is even … [visit site to read more]

Bear Of The Day: Regis Corp. (RGS) Posted: 03 Oct 2010 11:05 PM PDT Regis Corp.’s (NYSE:RGS) fourth quarter 2010 earnings fell short of the Zacks Consensus Estimate, due to a decline in revenues. Slower traffic and limited new product introduction due to economic concerns remain a drag on same-store sales. Moreover, same-store sales are unlikely to be positive before second half of 2011, as consumer behavior has changed in this difficult economic scenario. Consumers across the globe are cutting back on expenditure, resulting in a slowdown in spending and longer … [visit site to read more]

Momentum Stock: Intercontinental Hotels Group PLC Posted: 03 Oct 2010 11:05 PM PDT Intercontinental Hotels Group PLC (NYSE:IHG) recently jumped to within striking distance of the multi-year high at $18.63 after rebounding from a key trend line that has been in play for the last 18 months. With rising estimates and an attractive valuation, this Zacks #1 rank stock looks like a solid momentum pick. The last update on IHG’s business came on August 10 when the company reported better than expected Q2 results. Second-Quarter Results Revenue for the period was up 6% from last year to … [visit site to read more]

Aggressive Growth Stock: Family Dollar Stores Posted: 03 Oct 2010 11:05 PM PDT Family Dollar Stores (NYSE:FDO) has received a flurry of estimate revisions following its earnings announcement last week. Company Description Family Dollar Stores operates almost 7,000 stores across the U.S. The retailers offer a variety of items ranging from clothing to hardware, food to house wares. Family Dollar provides steep discounts appealing to lower income homes and those hit hard by the recent recession. Great Year On Sep 29 Family Dollar reported full-year fiscal 2010 results that … [visit site to read more]

Growth & Income Stock: McCormick & Co, Inc Posted: 03 Oct 2010 11:05 PM PDT McCormick & Co (NYSE:MKC) recently reported third quarter earnings that beat the Zacks Consensus Estimate by 12%. The company saw double-digit sales growth in Asia. You probably have several of McCormick’s products sitting in your kitchen cupboard. The company, founded in 1889, sells spices all around the world. Gross Margin Expansion Drives Earnings Growth Earnings per share for the third quarter was 66 cents, an increase of 16% over the same period in 2009. Earnings beat the Zacks Consensus … [visit site to read more]

Not All Doom & Gloom In The Markets: Cyclical & Opportunity! Posted: 03 Oct 2010 10:01 PM PDT Unfortunately investors as a group are slow to adapt to change, which can be a harsh and costly lesson to learn.  But where there is turmoil there is also opportunity for those who can recognize change and make that adaptation. From 1980 to 2000 the world enjoyed expanding credit and a seemingly forever growing stock market.  By the end of the twenty year run in stocks the predictable investment environment led advisors and investors to believe in an apathetic strategy of 'buy and … [visit site to read more]

Increases In U.S. Worker Productivity, More Than China’s Currency, Responsible For Loss Of U.S. Jobs Posted: 03 Oct 2010 09:03 PM PDT According to AFL-CIO President Richard Trumka: “The Chinese government has been keeping the renminbi undervalued by about 40% as a deliberate and central plank of its export strategy. That’s a 40% subsidy for the products they send here and a 40% tax on products we try to send there. Our dollars stimulate another nation’s economy while we rack up unsustainable trade deficits at home. The result is writ large on the walls of the Great Recession: 57,000 U.S. manufacturing facilities shut … [visit site to read more]

U.S. Economy & Stock Market Performance: The Biggest Disconnect Of All Time Posted: 03 Oct 2010 07:01 PM PDT I'm seeing one of the biggest disconnects of all time — between the underlying U.S. economy and the performance of the stock market. Just consider what we've learned about the economic fundamentals in the past several days … • Consumer confidence plunged in September — to 48.5 from 53.2 in August. That was far below the 53 reading economists were expecting, and the worst in seven months. • The Richmond Fed's manufacturing index plunged from 11 in August to NEGATIVE 2 … [visit site to read more]

Legalize It In CA: Intrade Odds Jump To 70% Posted: 03 Oct 2010 06:27 PM PDT Intrade odds are now at 70% for the California marijuana legalization ballot initiative to pass in … [visit site to read more]

I Didn’t Realize… Posted: 03 Oct 2010 06:23 PM PDT Call me a cynic, but when we were being told this – – I didn’t realize they meant this: “America's 'Cheapest Family': 'We Are Hope and Change'” (TODAYshow.com) As the American economy sputters and families continue to struggle mightily just to keep their heads above water, the Economides family of Arizona believe they provide a model for how to not just survive, but thrive on a tight budget. Eschewing credit cards, car loans and home equity borrowing, the clan of seven stay … [visit site to read more]

Top 10 Best Selling Cars And Trucks In 2010 Posted: 03 Oct 2010 06:11 PM PDT The top 10 best selling cars and trucks are listed above for the first nine months of the year (January – September 2010), according to Ward’s Automotive.  Note that: 1. Japanese automakers have the top 5 best selling cars, and have 6 out of the top 10.  2. American companies dominate truck sales, and have 8 out the top 10 best selling models, and 4 out of the top 5 brands.   3. The top two best-selling vehicles are trucks (Ford F and Chevy … [visit site to read more]

Forex Trading: USD/JPY Downward Daily Trend Posted: 03 Oct 2010 05:22 PM PDT USD/JPY found some daily resistance at 85.929 after BOJ intervention two weeks ago; the pair tested this level 4 times prior. Since that time, the pair has traded continually lower and may possibly see the 0.0% fibo line on the move from the high on July 28th to the low on September 15th. If the trend reverses, the topside target would be the 23.6% line at … [visit site to read more]

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