DailyMarkets.com - Foreclosure Fraud: 6 Things You Need To Know About The Crisis That Could Potentially Rip The U.S. Economy To Shreds

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• Foreclosure Fraud: 6 Things You Need To Know About The Crisis That Could Potentially Rip The U.S. Economy To Shreds
• A Currency Devaluation War: When Will The Next Crisis Start?
• Forex Trading: USD/JPY Slips Below 81.00
• Forex Trading: USD/JPY Still Heavy
• Forex Trading: Dollar Falls Sharply Vs. Rivals
• Bear Of The Day: BioMarin Pharmaceutical (BMRN)
• Growth & Income Stock: C.H. Robinson Worldwide, Inc
• Bull Of The Day: Shutterfly, Inc. (SFLY)
• Aggressive Growth Stock: Actuant Corp
• Momentum Stock: Randgold Resources Ltd
• Crude Oil Surges With Risk Appetite, Gold Soars On Momentum And Dollar
• As The World Markets Turn…
• Four ETFs To Play Black Gold
• Singapore Stock Market Update For Thursday 14 October
• Oil Rallies Along With Risk Appetite, Gold With Stimulus

Foreclosure Fraud: 6 Things You Need To Know About The Crisis That Could Potentially Rip The U.S. Economy To Shreds Posted: 14 Oct 2010 03:45 AM PDT The foreclosure fraud crisis seems to escalate with each passing now.  It is being reported that all 50 U.S. states have launched a joint investigation into alleged fraud in the mortgage industry.  This is a huge story that is not going to go away any time soon.  The truth is that it would be hard to understate the amount of fraud that has gone on in the U.S. mortgage industry, and we are watching events unfold that could potentially rip the U.S. economy to shreds.  Many are now … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Currency Devaluation War: When Will The Next Crisis Start? Posted: 14 Oct 2010 03:40 AM PDT These past few weeks as the equity markets rallied based on the belief of further quantitative easing by the Fed in November's meeting, the dollar has collapsed which I warned readers about a couple of weeks ago.  Since that time gold and silver have had a historic and parabolic rise as investors feel the Fed will continue to ease through the end of the year.  Investor sentiment has reversed completely over the last 8-12 weeks since I signaled a buy on gold.  There are no concerns as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USD/JPY Slips Below 81.00 Posted: 14 Oct 2010 02:50 AM PDT This is the first time the pair has been below the 81.00 handle since April … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USD/JPY Still Heavy Posted: 14 Oct 2010 12:42 AM PDT The pair has traded continually lower after starting the new trading day at the 81.83 high and has been trading below 81.30 since then. The next significant level to the upside is 81.377 where prior support has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Dollar Falls Sharply Vs. Rivals Posted: 13 Oct 2010 11:27 PM PDT Dollar Falls Sharply vs. Rivals The US dollar tumbled against a wide range of currencies Thursday, hit by continued weakness ahead of expected easing by the Federal Reserve, and quickly accelerated by a surprise decision by the Monetary Authority of Singapore to tighten its monetary policy. USD – US dollar Drops after Singapore News The US currency marked a 10-month low against a basket of currencies on Thursday, coming under broad selling pressure after Singapore widened the trading band of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: BioMarin Pharmaceutical (BMRN) Posted: 13 Oct 2010 11:05 PM PDT We are downgrading BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) to Underperform from Neutral based on the continuous disappointing performance of the company’s key product, Aldurazyme and the later-than- expected European launch of Firdapse for the treatment of a rare autoimmune disorder. The later-than-expected European launch of the drug was primarily responsible for the company trimming its 2010 revenue outlook. Moreover, the early/mid-stage pipeline at BioMarin also concerns us. We expect cash … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: C.H. Robinson Worldwide, Inc Posted: 13 Oct 2010 11:05 PM PDT Shares of C.H. Robinson Worldwide (NASDAQ:CHRW) continue to set new all-time highs as concerns over a double-dip recession subside. As a leader in transportation and logistics solutions the company stands to benefit from the global economic recovery. Revenue and earnings continue to climb and management remains optimistic that it can achieve its long-term growth targets over the next several years. Solid Second Quarter Total revenue grew 27.4% from the second quarter in 2009. Transportation revenue … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Shutterfly, Inc. (SFLY) Posted: 13 Oct 2010 11:05 PM PDT Shutterfly’s (NASDAQ:SFLY) second quarter earnings were well ahead of the Zacks Consensus Estimate, driven primarily by higher revenues from the photo book. Increased usage of digital cameras combined with accessibility of high-speed Internet provides significant expansion potential for the company. Product innovation, a focus on developing a successful commercial printing business, strategic partnerships with retailers and opportunistic acquisitions also bode well for the company. Although we find … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Actuant Corp Posted: 13 Oct 2010 11:05 PM PDT Actuant Corp (NYSE:ATU) is on a roll as shares continue to climb following the sixth consecutive earnings surprise. Analysts have unanimously raised their estimates and are projecting fantastic growth rates over the next 2 years. Now, the valuations are just average, but given the industry comparisons, growth rate and the momentum in the share price, this Zacks #1 Rank (Strong Buy) has a very bright future. Company Description Actuant is an industrial company that operates in over 30 countries … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Randgold Resources Ltd Posted: 13 Oct 2010 11:05 PM PDT Randgold Resources Ltd (NASDAQ:GOLD) just hit another new all-time high above $104 on the back of surging gold prices. With the world turning to gold on fear of inflation and easy money from Central banks, this Zacks # 1 rank stock has upward momentum to boot. Company Description Randgold Resources Ltd, with its subsidiaries, operates gold mines in West and Central Africa. The company was founded in 1995 and has a market cap of $9.4 billion. Randgold has been hot for the last few months on the back … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Surges With Risk Appetite, Gold Soars On Momentum And Dollar Posted: 13 Oct 2010 10:59 PM PDT Commodities – Energy Crude Oil Surges with Risk Appetite Crude Oil (WTI) – $83.75 // $0.74 // 0.89% Commentary: A surge in risk appetite sent crude oil higher on Wednesday, with the commodity adding $1.34, or 1.64%, on the session. We have been pointing out that the correlation between crude oil and equities has been extremely strong recently. Thus, when equities rose on the back of robust earnings from bellwether corporations such as JP Morgan Chase and Intel, oil tagged along for the ride. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

As The World Markets Turn… Posted: 13 Oct 2010 10:42 PM PDT As I review the landscape at this time, the key feature I am seeing at this juncture is that a number of key markets are playing in the vicinity of significant support and resistance. Some of these are areas of technical significance on a very long term or long term basis. Among the markets in question are: US Dollar Index, Gold, EuroDollar, DollarYen, EuroYen, Australian Dollar, SPX, NDX, World Leaders Index, SPX:30 Year Treasury Bond ratio. The fact that a wide variety global markets … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Four ETFs To Play Black Gold Posted: 13 Oct 2010 08:17 PM PDT Global economic growth is expected to boost demand for crude oil in the near term future, paving the path to opportunity for the US Oil Fund (USO), the United States 12 Month Oil Fund (USL), the PowerShares DB Oil Fund (DBO), and the iPath S&P GSCI Crude Oil TR Index ETN (OIL). According to the Energy Information Agency (EIA), global demand for black gold for the remainder of the year is expected to increase to 86.06 million barrels per day, a 2.1 percent increase from last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Thursday 14 October Posted: 13 Oct 2010 07:02 PM PDT Index broke through 3200 after strong finish from overnight DJ. Let’s pray hard that 3200 will be able to sustain throughout the day and not closed below. News update : 1) JP Morgan Chase posts 23% quarterly net growth, sees more improvement on card chargeoffs. 2) Apple shares breach $300-a-share mark for first time in premarket. 3) US stocks open higher Wednesday, as Nasdaq looks to extend winning streak on fifth day. 4) Gold ends above $1.370 an ounce, settling at its 16th record high in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Rallies Along With Risk Appetite, Gold With Stimulus Posted: 13 Oct 2010 05:16 PM PDT North American Commodity Update Commodities – Energy Chinese Demand and a Rally in Risk Appetite Carries Crude Towards Fresh 5 Month Highs Crude Oil (LS Nymex) – $83.68 // $1.34 // 1.64% It was a strong return to form for crude Wednesday. The commodity started its climb at the turnover of the day; and it would continue to climb throughout the Asian, European and US sessions. This climb wouldn't lead to a new-five month high close for the US oil market; but the rally has the level of momentum … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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