DailyMarkets.com - Why Investors Simply Can’t Miss Out On Chile – An Emerging Economic Powerhouse

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• Why Investors Simply Can’t Miss Out On Chile – An Emerging Economic Powerhouse
• The Number One U.S. Export To China: Scrap Metal & Waste Paper
• How Badly Might Foreclosuregate Impact Financial Stocks And The Real Estate Market?
• Statistical Arbitrage Pairs Trading With Michael Kapler Of SciVest Capital Management
• Forex Trading: Euro Breaks Trendline
• Wait For Pullback In Gold And Silver Before Buying
• Taseko Mines Approaching Major Breakout Point
• Long Positions In US Stocks Looking Vulnerable
• Forex Trading: Can The Dollar Extend Friday’s Recovery?
• Crude Oil Fails To Break Resistance, Gold Slides On Traders Lock In Gains
• Dillard’s September Sales Up
• Stock Chart Of The Day: DemandTec
• True Strength Index (TSI) Breakouts
• Bull Of The Day: CNOOC, Ltd.
• Growth & Income Stock: Yum! Brands Inc
• Bear Of The Day: COPEL
• Aggressive Growth Stock: MWI Veterinary Supply
• Momentum Stock: Lululemon Athletica, Inc.
• Bullish Stock Plays For Monday: Altera, Allegheny Energy, TJX Companies, Focus Media, Amphenol
• Crude Oil At A Crossroad Of Inventory And Fed’s QE2
• A Look At The US Dollar Index & Major Currency Pairs
• Forex Trading: AUDUSD Holds 38.2% Retracement Support. Profit Taking And Lower Gold Pressure The Pair.
• Forex Trading: GBPUSD Follows The EURUSD Down And Tests 100/200 Hour MA
• Singapore Stock Market Update For Monday 18 October
• Your (un-PC) Friday Giggle

Why Investors Simply Can’t Miss Out On Chile – An Emerging Economic Powerhouse Posted: 18 Oct 2010 03:48 AM PDT The efficient, well-managed rescue of the 33 Chilean miners was an affecting spectacle for the world. It also should remind us that Chile is a well-run country, and that in an era when commodities are ever more important to the global economy, it is becoming an essential part of investors’ portfolios. The Chilean miners’ experience reminded us once again of the huge gulf between countries that work and countries that don’t. Just as the Chilean earthquake last February caused only 521 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Number One U.S. Export To China: Scrap Metal & Waste Paper Posted: 18 Oct 2010 03:42 AM PDT Historians tell us that by the very end of the Roman Empire, goods were pouring into Rome from all over the known world, but about the only thing being sent out of Rome was human waste and garbage.  America has not yet reached that point, but we are certainly well on our way.  In 2010, the number one U.S. export to China is “scrap and trash”.  Yes, you read the correctly.  The number one thing that China buys from us is our garbage.  According to author Clyde Prestowitz, China’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

How Badly Might Foreclosuregate Impact Financial Stocks And The Real Estate Market? Posted: 18 Oct 2010 03:30 AM PDT I don't know how bad things might get but here are the top risks on my worry list this week. Do we have QE2, or don't we?  And will it work? How bad will the currency war get and how low can the dollar go? Are insiders and corporte CEOs too bearish or do they have the real picture? How wide and how deep and ugly can the "robo signing" scandal, also known as "Foreclosuregate," get and how badly might it impact financial stocks and the real estate market? We'll … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Statistical Arbitrage Pairs Trading With Michael Kapler Of SciVest Capital Management Posted: 18 Oct 2010 03:09 AM PDT Michael Kapler, CFA, is a Portfolio Manager at SciVest Capital Management Statistical Arbitrage Pairs Trading. That's the topic of our interview today. While you may have heard of simple pairs trading which involves going long one security and going short another, it's the statistical arbitrage aspect that you'll be introduced to today. Our interviewee is a highly accomplished mathematician and trader and approaches investing from a strictly quantitative standpoint. Not only will you … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Breaks Trendline Posted: 18 Oct 2010 02:31 AM PDT After finding upward trendline support since September 30th, the EUR/USD has broken through and tested support at 1.3830 which is an old support level from the last two weeks. With the pair recovering slightly the next topside target is 1.3912; the 61.8% fibo line on the move from October 12th lows to Friday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wait For Pullback In Gold And Silver Before Buying Posted: 18 Oct 2010 02:01 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 eight to 12 weeks, since I signaled a buy on gold. There are no … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Taseko Mines Approaching Major Breakout Point Posted: 18 Oct 2010 12:30 AM PDT I wrote an article on July 5th, 2010 as Taseko Mines (TGB) was collapsing after a Federal Review Panel concluded that Prosperity would have significant adverse affects on the environment. As the stock was plummeting from the news I wrote to readers that Taseko was reaching a major buy point and an area of support.  Since that article Taseko has rallied more than 75%. An important point that sellers did not understand in July was that Federal Review Panel did not weigh the economic … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Long Positions In US Stocks Looking Vulnerable Posted: 18 Oct 2010 12:04 AM PDT The stock market is now on the 34th day of its daily cycle. That cycle lasts on average about 35 to 40 days. So as you can see we are pushing the limits for a cycle top. We may have made that top on Wednesday. We’ll just have to see how next week plays out. I also think the dollar may have put in a cycle bottom on Friday. If it did then it is due for a snap back rally to relieve the extreme oversold conditions. This should pressure virtually all asset classes (the possible … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Can The Dollar Extend Friday’s Recovery? Posted: 17 Oct 2010 11:55 PM PDT Can The Dollar Extend Friday’s Recovery? Despite Friday’s recovery, the U.S. dollar fell for the fifth consecutive week against most of the major currencies. As several releases from the U.S. economy are expected today, the main question is whether the dollar is on its way to erase last week’s losses, or will the greenback drop for the sixth week. Economic News USD – Dollar Falls For the Fifth Week in a Row The U.S. dollar saw an extremely volatile session during last week’s trading. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Fails To Break Resistance, Gold Slides On Traders Lock In Gains Posted: 17 Oct 2010 11:51 PM PDT Commodities – Energy Crude Oil Fails to Break Resistance Crude Oil (WTI) – $80.73 // $0.52 // 0.64% Commentary: Crude oil is lower in the overnight session as traders continue to take profits after a blistering run from the low-$70's. The push-pull dynamic between a bullish global economic outlook and ample supplies continues. So far these two factors have offset each other, which has allowed crude oil to stay within its 12-month range between the high-$60's and low-$80's. With prices … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dillard’s September Sales Up Posted: 17 Oct 2010 11:35 PM PDT U.S. departmental store chain Dillard's Inc. (DDS) experienced a 3% increase in its same store sales as well as net sales figures for the five weeks ended October 2, 2010. Sales in comparable stores decreased 6% in September, 2009. The company generated sales of $532.3 million for the month, up from $519.3 million recorded in the same period, last year. Region-wise, sales trend was above average in the Central area, in line with ongoing trend in Eastern province, while it was below average in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Chart Of The Day: DemandTec Posted: 17 Oct 2010 11:30 PM PDT Today’s Chart of the the Day is DMAN. It closed above an important level – 10.85 – on Friday. As can be seen from the chart, during the last three months, this stock has a history of making a big move up after a period of consolidation and it seems like that time has arrived again. The MACD also made a bullish crossover on Friday. DemandTec (NASDAQ:DMAN) Now, on to the weekly chart. 11.05 is an important level on the weekly, back from 2008, and the stock could really run on a break … [visit site to read more] or compare Best Credit Cards and Best CD Rates

True Strength Index (TSI) Breakouts Posted: 17 Oct 2010 11:23 PM PDT As I am guessing my favorite sector to trade – the precious metal miners – may be taking a short breather for a couple of weeks, I thought it would be interesting to see what else there is to trade that is currently exhibiting a truly first class technical setup. * For my most ideal setup, 4 conditions are present.  It is rare to find all four of these conditions coexisting at the same time and usually it is enough that only 2 conditions are active.  But sometimes it does happen … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: CNOOC, Ltd. Posted: 17 Oct 2010 11:05 PM PDT Our Outperform recommendation for CNOOC ADRs (NYSE:CEO) reflect the company’s solid balance sheet, premium assets portfolio, excellent execution strategy, unique position as a pure oil player and potential transactions in the merger and acquisition space. While China is desperately searching for energy worldwide, CNOOC’s recent acquisition of Eagle Ford Shale acreages is appreciable. Though we believe that value for the transaction will not be reflected in the near term, long-term benefit is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Yum! Brands Inc Posted: 17 Oct 2010 11:05 PM PDT China’s appetite for Colonel Sanders’ chicken continues to grow. The world’s most populated country now accounts for 41.5% of Yum! Brands’ (NYSE:YUM) overall revenue, up from 35.8% a year ago. The company, which also operates Pizza Hut and Taco Bell, reported solid third quarter earnings on October 5. Management also increased earnings guidance for the remainder of the year, prompting analysts to raise their estimates. Third Quarter Results Yum reported third quarter results on October 5. Earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: COPEL Posted: 17 Oct 2010 11:05 PM PDT Based on higher productivity and lower cost of capital, ANEEL (Brazilian National Agency for Electric Utilities) proposed a tariff adjustment for Companhia Paranaense de Energia, or COPEL (NYSE:ELP) of 9.74% on average, effective June 2010. This rule is essentially designed to regulate a monopolistic environment. We are concerned about the political influence on COPEL’s affairs. The government of the State of Parana owns 58.6% of the company’s outstanding voting shares, which gives it the power to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: MWI Veterinary Supply Posted: 17 Oct 2010 11:05 PM PDT MWI Veterinary Supply, Inc. (NASDAQ:MWIV) is showing very consistent earnings growth as analysts and the company itself grow more and more bullish. Valuations are solid and now is a great time to get in ahead of the company’s early November earnings report. MWIV is a Zacks #2 Rank (Buy) with great potential for both short and long-term investors. Company Description MWI Veterinary Supply distributes animal health products in the U.S. and U.K. Items range from pharmaceuticals and vaccines to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Lululemon Athletica, Inc. Posted: 17 Oct 2010 11:05 PM PDT Lululemon Athletica, Inc. (NASDAQ:LULU) just hit a new all-time high at $48.45 on the heels of the company’s excellent Q3 results from early September that included a solid 25% earning surprise. With the next-year estimate calling for 25% growth, the long-term picture looks good too for this Zacks #2 rank stock. Although LULU sells high-end yoga and athletic apparel that might seem vulnerable to a weak consumer environment, its niche and growing popularity with wealthy customers has continued to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bullish Stock Plays For Monday: Altera, Allegheny Energy, TJX Companies, Focus Media, Amphenol Posted: 17 Oct 2010 10:57 PM PDT Here are some setups I like heading into next week. I still don’t think it is prudent to short here, so they are all long plays. Sure, there will come a time to short these markets, and when it comes may very well be decided by the battle between financials and overall markets that’s been going on the last two trading days, but I don’t feel we are there just yet. It being earnings season, be sure to check when these stocks are reporting if you decide to play them. I have commented on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil At A Crossroad Of Inventory And Fed’s QE2 Posted: 17 Oct 2010 10:51 PM PDT Oil prices have continued to soften at $82.51 a barrel for November delivery on the NYMEX Friday after a Federal Reserve Chairman Ben Bernanke's speech sparked some uncertainty as to how far the central bank will support the economy. Crude was also weighed down by the weekly inventory report from the U.S. EIA. Despite a week-on-week draw of product and crude inventory, and supply interruptions from Canada due to Enbridge Inc. 670,000 b/d crude pipeline shut-in since Sep. 9, and at the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Look At The US Dollar Index & Major Currency Pairs Posted: 17 Oct 2010 10:46 PM PDT At this time sentiment on the US Dollar Index is about as bearish as ever and at least equivalent to that at the bottom in December 2009. Expectations for a meltdown to all time lows in the context of rampant devaluation via Quantitative Easing by the Fed are nearly universal. While these expectations may, of course, be met in the market, it’s worth asking what the implications may be if the setup renders a contrarian result. Many markets–precious metals in particular– owe recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: AUDUSD Holds 38.2% Retracement Support. Profit Taking And Lower Gold Pressure The Pair. Posted: 17 Oct 2010 08:44 PM PDT The AUDUSD tested the 38.2% of the last leg of the trend move higher at the 0.9826 level (low reached 0.9825). The ability to hold the level is a good sign for dip buyers.  A move back above the 200 hour MA at 0.9850 would be positive for the pair. Watch the level closely.  The next target would be 0.9868 (38.2% of the move down today).  This would confirm a temporary low may be in place.  Failure to extend to these levels would keep the bears in charge and could lead … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: GBPUSD Follows The EURUSD Down And Tests 100/200 Hour MA Posted: 17 Oct 2010 08:18 PM PDT The GBPUSD has moved lower as the dollar finds buyers in early trading. The pair is testing the 100 and 200 hour MA at the 1.5924 and 1.5913 levels.  The low has reached 1.5914.  There are some early profit taking against the level.  On the correction, if the price can remain below the 38.2% retracement of the days high to low trading range, this would keep the bears in charge and likely lead to further selling pressure for the pair.  Trend moves often find … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Monday 18 October Posted: 17 Oct 2010 08:04 PM PDT No quick picks Index opened unchanged after Friday choppy session in the US. We expect consolidation to set in from this point of time. Therefore, we advised cautious trading when opening any positions to prevent unnecessary whipsaw. News update : 1) GE earns $2 billion in the third quarter as “economic environment continues to improve”. 2) Federal Reserves Chairman Ben Bernanke says there’s a case “for further action”. 3) US stocks open higher Friday, led by 1% rally in Nasdaq Composite. 4) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Your (un-PC) Friday Giggle Posted: 15 Oct 2010 12:55 PM PDT In the highly polarized, politicized and politically correct climate that is America, it is difficult to have a rational conversation about some topics, such as how to heal the rift with the Muslim world and community. Perhaps the first step is to try to relax and laugh about it. Consider these two offerings from America’s closest allies, which could never be produced in the United States under the current environment. The first comes from the UK and it’s a film called The Infidel, which … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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