DailyMarkets.com - Jim Rogers Sees $2,000 Gold, and My Contrarian Take On Silver

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• Jim Rogers Sees $2,000 Gold, and My Contrarian Take On Silver
• Singapore Stock Market Update For Tuesday 05 October
• 11 Long-Term Trends That Are Destroying The U.S. Economy
• Chart Analysis Of Arena Pharmaceuticals: Bullish Engulfing Pattern
• Don’t Chase Gold And Silver Higher, Wait For Secondary Buy Point
• Forex Trading: Euro Retail Sales At 5
• Forex Trading: Euro Continues Gains On Better Final Services PMI
• Forex Trading: BOJ Surprises Forex Market With Interest Rate Cut And Bond Purchases
• Earnings Downgrades On Alcoa And Microsoft Dampen Stock Market Sentiment
• Crude Oil Little Changed After Key Port Shuts Down, Gold Falls The Most Since August
• 5 Alternative Investments To Consider
• Watershed Strategic Ramifications Expected From Pakistan Flood Disaster
• Bull Of The Day: Access Pharma
• Bear Of The Day: Penn Virginia L.P.
• Aggressive Growth Stock: Thor Industries
• Growth & Income Stock: The Coca-Cola Company
• Momentum Stock: National Beverage Corp.
• Stock Picks For Tuesday: Apple, Electronic Arts, Generex Biotechnology
• Confidence Still Lacking
• Wall Street’s Global Race To The Bottom

Jim Rogers Sees $2,000 Gold, and My Contrarian Take On Silver Posted: 05 Oct 2010 03:50 AM PDT In an exclusive interview with CNBC on Monday, Oct. 4, Jim Rogers talks about commodities, bond and the currency market. Commodities to Outshine Stocks and Bonds Because of the global central banks' money printing express, Rogers says commodities will outperform equities regardless if the economy recovers or not.  However, not all commodities are created equal, he points out in the case of aluminum, whose price is lagging mostly due to the increased capacity in China. He … [visit site to read more]

Singapore Stock Market Update For Tuesday 05 October Posted: 05 Oct 2010 03:16 AM PDT Morning Highlights Singapore Stocks opened lower after Wall Street shares fell as investors took profits on recent gains. STI down 9.73 points to open at 3147.72. High chance that market is through sideway consolidations, hence, the quick picks herein are mostly for reference to lookout for. Singapore September PMI Taisin display strong interest, to watch out for 0.295 PEC broke 1.10 Watch Out For Economic News Today Hong Kong September PMI BOJ Rate Announcement U.S September … [visit site to read more]

11 Long-Term Trends That Are Destroying The U.S. Economy Posted: 05 Oct 2010 03:01 AM PDT The U.S. economy is being slowly but surely destroyed and many Americans have no idea that it is happening.  That is at least partially due to the fact that most financial news is entirely focused on the short-term.  Whenever a key economic statistic goes up the financial markets surge and analysts rejoice.  Whenever a key economic statistic goes down the financial markets decline and analysts speak of the potential for a “double-dip” recession.  You could literally get whiplash … [visit site to read more]

Chart Analysis Of Arena Pharmaceuticals: Bullish Engulfing Pattern Posted: 05 Oct 2010 02:30 AM PDT Below is a highly requested chart analysis from Monday's action. Arena Pharmaceuticals (NASDAQ:ARNA) Click with Hand to Enlarge A/D line: A strong negative trend which signaled a potential start of a reversal today ADX line:  bearish trend MACD: Nearing a buy signal CMF (21): Bearish, anything -.50 or lower is very bearish. OBV: Confirmed all moves in the PPS, setting up for a reversal RSI: Strong oversold signal with indicator of a reversal Technical … [visit site to read more]

Don’t Chase Gold And Silver Higher, Wait For Secondary Buy Point Posted: 05 Oct 2010 02:15 AM PDT A couple of weeks ago I mentioned the the dollar was on the verge of a collapse. The dollar has significantly fallen since that time and is now reaching extremely oversold levels evidenced by the stochastics and RSI. So a dead-cat bounce may be beginning in the dollar, which may put short-term pressure on equities and miners. Could we be on the verge of the next deflationary crisis? Ben Bernanke said he's still concerned about deflation. The financial system is still under pressure … [visit site to read more]

Forex Trading: Euro Retail Sales At 5 Posted: 05 Oct 2010 01:59 AM PDT … [visit site to read more]

Forex Trading: Euro Continues Gains On Better Final Services PMI Posted: 05 Oct 2010 01:11 AM PDT Eurozone final services PMI came in at 54.1; better than the survey of 53.6 and prior reading of 53.6. The EUR/USD is currently trading off session highs of … [visit site to read more]

Forex Trading: BOJ Surprises Forex Market With Interest Rate Cut And Bond Purchases Posted: 05 Oct 2010 12:20 AM PDT BOJ Surprises Forex Market with Interest Rate Cut and Bond Purchases The yen is taking center stage today following the completion of the Bank of Japan two-day policy meeting. Traders were anticipating further calls for intervention but were surprised to hear of a cut in the interest rate and a new fund to purchase assets. Economic News USD – Greenback Gains on Renewed Euro-Zone Concerns The U.S. dollar gained versus the EUR Monday as renewed concerns regarding euro zone debt problems weighed … [visit site to read more]

Earnings Downgrades On Alcoa And Microsoft Dampen Stock Market Sentiment Posted: 05 Oct 2010 12:04 AM PDT In our tightly knit world, the trends seem to ebb and flow around the globe like the tides. Today the tide seems to be going out after the record setting September action and October could easily be setting up to retain its "scary month" status and a move to the "risk off" trade. Earnings downgrades on Alcoa (NYSE:AA) and Microsoft (NASDAQ:MSFT) dampened the "animal spirits," particularly at the start of a pivotal earnings season and with Alcoa set to kick things off with their … [visit site to read more]

Crude Oil Little Changed After Key Port Shuts Down, Gold Falls The Most Since August Posted: 04 Oct 2010 11:51 PM PDT Commodities – Energy Crude Oil Little Changed After Key Port Shuts Down Crude Oil (WTI) – $81.26 // $0.21 // 0.26% Commentary: Crude oil held onto most of the gains from the past two weeks, falling only $0.11, or 0.13%, on Monday, despite a more significant 0.8% decline in U.S. equity markets. The session could best be described as one of profit taking, with no notable news to spur conviction from traders. That being said, it is worth mentioning that the Houston Ship Channel has been … [visit site to read more]

5 Alternative Investments To Consider Posted: 04 Oct 2010 11:28 PM PDT Are you one of the millions of people who lost money over the past decade in stocks and housing who is now buying bonds, annuities, and other fixed deposit credit based investments? If so you are probably doing so because you think it is the conservative thing to do but, in fact, you are really being a speculator buying an asset far above its intrinsic value with the idea that someone else will pay even more and such action is guaranteed to disappoint. Instead, you should make alternative … [visit site to read more]

Watershed Strategic Ramifications Expected From Pakistan Flood Disaster Posted: 04 Oct 2010 11:15 PM PDT Flooding along the Indus River Valley in Pakistan, beginning in July 2010, seems set to be a pivotal strategic factor in the Northern Indian Ocean and Persian Gulf region. It should be expected to significantly affect the conduct and outcome of the US-led Coalition military operations in Afghanistan. Despite this, the US and international response has been minimal, and just more than half the $460-million requested by the United Nations for disaster relief had been disbursed by … [visit site to read more]

Bull Of The Day: Access Pharma Posted: 04 Oct 2010 11:05 PM PDT Access Pharma (ACCP)is a biopharmaceutical company focused on developing a range of pharmaceuticals primarily based upon the company s three key drug delivery technologies. Access currently has one approved product MuGard for the management of oral mucositis. Two cancer drug candidates ProLindac and Thiarabine are in phase II studies. We are especially impressed with the company s Cobalaminbased oral drug delivery system. Both oral insulin and human growth hormone have achieved unprecedented … [visit site to read more]

Bear Of The Day: Penn Virginia L.P. Posted: 04 Oct 2010 11:05 PM PDT The recent announcement of Penn Virginia L.P.’s (PVE) merger with its general partner is expected to reap profits in the long term, benefiting from the partnership s lower cost of capital. This would place the company in a better position to compete for acquisitions, increasing returns on future transactions. However, this transaction would, in our opinion, be dilutive to the partnership s distributions in the near term, affecting investor sentiments. Based on expectations for lower … [visit site to read more]

Aggressive Growth Stock: Thor Industries Posted: 04 Oct 2010 11:05 PM PDT Thor Industries, Inc. (NYSE:THO) shares surged to pressure the 52-week high after the recent earnings release. The company is atop its industry and is still trading with good valuations. Company Description Thor is the largest recreational vehicle maker. Additionally the company makes commercial buses varying in size and ambulances. Beat the Street On Sep 28 Thor reported fourth-quarter and fiscal year end results that delighted investors. Quarterly sales were up 51%, to $664 million over the past … [visit site to read more]

Growth & Income Stock: The Coca-Cola Company Posted: 04 Oct 2010 11:05 PM PDT The Coca-Cola Company (NYSE:KO) recently delivered strong second quarter results ahead of its own long-term targets. Growth was particularly strong overseas and in its non-carbonated beverages. Coca-Cola’s famous soft-drink (and logo) is recognized in nearly every corner of the globe. The company was founded in 1892 and has global sales of nearly $32 billion. Second Quarter Results The company recently reported second quarter earnings per share of $1.06, beating the Zacks Consensus Estimate by 4 … [visit site to read more]

Momentum Stock: National Beverage Corp. Posted: 04 Oct 2010 11:05 PM PDT National Beverage Corp. (NASDAQ:FIZZ) recently hit a new multi-year high after reporting its fourth earnings surprise in the last four quarters. As a proven performer in a challenging consumer environment, this Zacks #1 rank stocks looks like a solid momentum pick. Company Description National Beverage Corp. develops, manufactures and sells a line of beverage products in the United States. Some of the company’s more popular brands include Shasta, Faygo and LaCroix. National Beverage Corp. was … [visit site to read more]

Stock Picks For Tuesday: Apple, Electronic Arts, Generex Biotechnology Posted: 04 Oct 2010 06:04 PM PDT ( click to enlarge ) My technical indicators show that the current short term bearish outlook on Apple Inc. (NASDAQ:AAPL) has big probability to continue. The stock broke the key level at $279.8. Further fall is now in favor. My model is short, targeting $273 area. If the weakness continues and the stock breaks this support, there will be a good chance that the stock will test the $262 support ( 50 day moving average ). Keep a close eye on AAPL for the next few trading days. ( click to … [visit site to read more]

Confidence Still Lacking Posted: 04 Oct 2010 05:49 PM PDT Many mainstream experts maintain that the economy is in better shape than pessimists claim because consumer spending has remained rather resilient. While it is true that personal consumption expenditures are now higher in nominal terms than they were at the beginning of the Great Recession, one look at the breakdown between the various categories reveals an interesting divergence. When it comes to spending on items that tend to be consumed fairly quickly, the trend over the past three … [visit site to read more]

Wall Street’s Global Race To The Bottom Posted: 04 Oct 2010 05:30 PM PDT Wonder what's happening with bank reform? Watch your wallets. Having created giant loopholes in the Dodd-Frank law recently passed by Congress (keeping "customized" derivatives underground, for example), fighting off attempts to cap the size of the biggest banks, and keeping capital requirements relatively modest, Wall Street is now busily whittling back the rest through regulations. Squadrons of lawyers and lobbyists are now pressing the Treasury, Comptroller of the Currency, SEC, and … [visit site to read more]

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