Tuesday, November 30, 2010

DailyMarkets.com - 20 Statistics Proving Global Wealth Is Being Funneled Into The Hands Of The Elite – Leaving Most Of The Rest Of The World Wretchedly Poor

DailyMarkets.com - 20 Statistics Proving Global Wealth Is Being Funneled Into The Hands Of The Elite – Leaving Most Of The Rest Of The World Wretchedly Poor


20 Statistics Proving Global Wealth Is Being Funneled Into The Hands Of The Elite – Leaving Most Of The Rest Of The World Wretchedly Poor

Posted: 30 Nov 2010 03:35 AM PST

Today global wealth is more highly concentrated in the hands of the elite than it ever has been at any other point in modern history.  Once upon a time, the vast majority of the people in the world knew how to grow their own food, raise their own animals and take care of themselves.  There weren’t many that were fabulously wealthy, but there was a quiet dignity in having land you could call your own or in having a skill that you could turn into a business.

Sadly, over the past … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Eurozone Oct. Unemployment Rate Rises To 10.1%

Posted: 30 Nov 2010 02:08 AM PST

EZ Oct. Unemployment rate rose from 10.0% to 10.1%.
Eur/Usd dropped below 1.3000 on heels of news and traded as low as 1.2980. The pair presently resides at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Growth & Income Stock: Guess?, Inc.

Posted: 29 Nov 2010 11:05 PM PST

GUESS?, Inc. (NYSE:GES) is increasingly becoming a globally recognized brand. Ten years ago, only 6% of revenue came from outside of North America – now it’s almost 50%.
Guess recently reported another positive earnings surprise driven by solid top-line growth in Europe and Asia. Management also raised its guidance for 2011, prompting analysts to revise their estimates significantly higher. This propelled the stock to a Zacks #1 Rank (Strong Buy).
Third Quarter Results
On November 23, Guess … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bear Of The Day: Big Lots, Inc. (BIG)

Posted: 29 Nov 2010 11:05 PM PST

Big Lots (NYSE:BIG) delivered disappointing third-quarter 2010 comparable-store sales results, rising marginally by 0.7% as against the growth of 2% to 4% forecasted by management. This is the second consecutive quarter in which the company has missed its own projection.
The company stated that sales remained robust for the first half of the quarter but started faltering in late September and continued through October. Surprisingly, Big Lots saw high demand for discretionary products such as such … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bull Of The Day: DryShips, Inc. (DRYS)

Posted: 29 Nov 2010 11:05 PM PST

We upgrade our recommendation to Outperform for DryShips Inc. (NASDAQ:DRYS) following its excellent third quarter of 2010 financial results, which were far ahead of Zacks Consensus Estimates.
The company’s strategy to put vessels under long-term charters during the quarter to avoid volatility in the spot-market paid-off nicely, resulting in soaring net earnings. DryShips is steadily transforming itself as a drillship company from a drybulk cargo operator. As a result, both the top-line and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Momentum Stock: Deckers Outdoor Corp.

Posted: 29 Nov 2010 11:05 PM PST

Deckers Outdoor Corp. (NASDAQ:DECK) recently surged to a new all-time high ahead of the holidays after reporting strong Q3 results in late October that included a 15% earnings surprise. With an average earnings surprise of 54% over the last four quarters and 11% growth projection, this Zacks #1 rank stock has momentum to boot.
Company Description
Deckers Outdoor Corp. designs, manufactures and sells footwear and accessories for men, women and children worldwide. The company was founded in 1973 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Aggressive Growth Stock: China Valves Tech

Posted: 29 Nov 2010 11:05 PM PST

China Valves Technology, Inc. (CVVT) recently reported a fantastic quarter, which sent estimates higher. However, shares have been under pressure thanks to accounting scandals in other Chinese companies.
But, everything looks good for this Zacks #1 Rank (Strong Buy), which is trading at a fantastic entry point.
Company Description
China Valves makes metal valves for the electricity, petroleum, gas, chemical, water, and metallurgy industries in Asia and Europe.
Revenue Doubles
On Nov 10 China … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Is There A Head-And-Shoulders Pattern In Gold?

Posted: 29 Nov 2010 10:15 PM PST

In the past week I've seen more than a few mentions of the potential head and shoulders pattern in Gold. A head and shoulders pattern occurs when a market forms three peaks and the middle peak is noticeably higher than the left and right peaks. However, that is not enough for the pattern to play out as it can appear often. There are other important characteristics of this pattern, which many technicians ignore or are unaware of.

A real head and shoulders takes months not days or … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Financial Stocks Take Lead In U.S. Stock Market

Posted: 29 Nov 2010 09:55 PM PST

Finance took the lead into the After Hours and the market followed. With Finance showing leadership and the cold weather hitting, we saw the Energy sector, XLE get a boost at the end of the day — it's another offensive sector that will need to continue its upswing if the bulls want continued momentum. The EU will be the focus overnight and if there are any data surprises, could put some early morning pressure on the US markets. See you Midday.

Major averages battled back from early … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cartoon Of The Day

Posted: 29 Nov 2010 08:57 PM PST

Caption: Separated at birth, the Mallifert twins meet … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Three ETFs Influenced By Accelerated Economic Growth

Posted: 29 Nov 2010 08:17 PM PST

Although it is hard to say that the US economy is in a sustainable recovery, there are plenty of signs showing that economic growth is accelerating, paving the path to opportunity for the Retail HOLDRs (RTH), the PowerShares Dynamic Retail (PMR) and the First Trust Dow Jones Internet Index (FDN).
The most promising and upbeat news recently came from a decline in new applications for jobless claims in the week ending November 20, 2010.  The 407,000 applications were far lower than … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Oil Back In Price Discovery Mode, Gold Shrugs Off Dollar Rally To Rise

Posted: 29 Nov 2010 08:05 PM PST

Commodities – Energy
Crude Oil Back in Price Discovery Mode
Crude Oil (WTI) – $85.27 // $0.46 // 0.54%
Commentary: Crude oil continued to rally on Monday, buoyed by momentum established last week. The commodity rose $1.97, or 2.35%, to settle at $85.73 after reports of a strong start to the United States holiday shopping season. The latest move was extremely telling, for it took place on a day in which U.S. equity markets fell amid persistent concerns related to the European sovereign debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Platinum ETFs Likely To Remain Elevated

Posted: 29 Nov 2010 07:17 PM PST

Platinum has witnessed a nice upward trend in 2010 and increased demand from the heavy-duty transportation sector and the industrial sector are expected to provide further positive price support to platinum-based exchange traded funds [[ETFs]] like the ETFS Physical Platinum Shares (PPLT), iPath DJ-UBS Platinum TR Sub-Idx ETN (PGM), UBS E-TRACS Long Platinum TR ETN (PTM) and the First Trust ISE Global Platinum Index (PLTM).
A primary driver behind the expected elevated demand for … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Singapore Stock Market Update For Tuesday 30 November

Posted: 29 Nov 2010 06:13 PM PST

Morning Highlights

There Are No Quick Picks For Today!
Expect a choppy session as certainties arose amid Europe's debt woes and on following last week’s artillery attack by North Korea on a South Korean island.
Nonetheless, we deem that market is likely to withhold above 3100. We'll keep to the sideline for further observation.

Watch out for Straits Asia

Watch Out For Economic News Today

U.S Consumer Confidence (Nov)

Corporate Announcements

Cosco’s subsidiary delivered a 30,000 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Markets In Everything: Cash For Fast Care In Canada

Posted: 29 Nov 2010 05:55 PM PST

It’s well known that Canada’s single-payer health care system frequently results in delayed access for health care, since the “free” but still scarce medical resources get inefficiently rationed by non-price methods such as long waiting times.  For example, the median wait time in Canada for a “free” MRI in 2009 was 9 weeks, but can be as long as 15.5 weeks in some provinces (source), compared to a wait of generally less than a week in the U.S.

Here’s one description of the situation in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


A Reflection Of Desperation On Both Sides

Posted: 29 Nov 2010 05:52 PM PST

I know I sound like a broken record, but when I look around, talk to family and friends, and read and listen to news and other reports, I just can’t see the so-called recovery. Maybe I’m wrong about this (as I’ve noted on many occasions, I’ve made more than my fair share of mistakes), but the overall picture doesn’t seem right.
Admittedly, there’s evidence of a pick-up in activity, but it’s spotty and disconnected. At the same time, huge swaths of the economy, including the small business … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Jeremy Grantham And Me

Posted: 29 Nov 2010 01:49 AM PST

I don’t know Jeremy Grantham personally, but we both worked at Batterymarch Financial Management, which was the firm he was at just before he left to found Grantham Mayo Van Otterloo (GMO), an asset management firm with over $100 billion in assets.

I finally got around to watching the recent Grantham interview with Maria Bartiromo of CNBC outlining his outlook, which is well worth the 29 minutes of your time. I was surprised to see how much my outlook agreed with Grantham’s. While there … [visit site to read more] or compare Best Credit Cards and Best CD Rates


No comments:

Post a Comment