Friday, November 12, 2010

DailyMarkets.com - America The Land Of The Free? 12 Examples Of Regulations That Are Almost Too Bizarre To Believe

DailyMarkets.com - America The Land Of The Free? 12 Examples Of Regulations That Are Almost Too Bizarre To Believe


America The Land Of The Free? 12 Examples Of Regulations That Are Almost Too Bizarre To Believe

Posted: 12 Nov 2010 03:35 AM PST

Even with all of the massive economic problems that the United States is facing, if the government would just get off our backs most of us would do okay.  In America today, it is rapidly getting to the point where it is nearly impossible to start or to operate a small business.  The federal government, the state governments and local governments are cramming thousands upon thousands of new ridiculous regulations down our throats each year.  It would take a full team of lawyers just to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down During The European Session

Posted: 12 Nov 2010 02:20 AM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on GDP.

EUR/USD was trading at 1.3656, down 0.09% at time of writing.

The pair was likely to find support at 1.3574, today's low, and resistance at 1.4085, Monday's high.

Earlier in the day, preliminary official data showed that Gross domestic product in the euro zone rose less-than-expected to a seasonally adjusted 0.40% in the last quarter from 1.00% in the preceding quarter.

Analysts … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro Zone GDP Rises Less-than-expected

Posted: 12 Nov 2010 02:10 AM PST

Gross domestic product in the euro zone rose less-than-expected in the last quarter, preliminary official data showed on Friday.

In a report, Eurostat said that GDP rose to a seasonally adjusted 0.40%, from 1.00% in the preceding quarter.

Analysts had expected GDP to rise 0.50% in the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: Eurozone Industrial Production & Flash GDP

Posted: 12 Nov 2010 02:04 AM PST

EZ Industrial Production came in at -0.9%, weaker than the 0.4% expected.
Flash GDP q/q came in at 0.4%, weaker than the 0.5% expected.
No real market effect upon release of data as Eur/Usd continues to trade either side of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Down During The European Session

Posted: 12 Nov 2010 12:45 AM PST

Forex Pros – The British Pound was lower against the U.S. Dollar on Friday.

GBP/USD was trading at 1.6059, down 0.39% at time of writing.

The pair was likely to find support at 1.5954, Tuesday's low, and resistance at 1.6215, Monday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8493 and GBP/JPY falling 1.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/JPY Down On Economic Data

Posted: 12 Nov 2010 12:10 AM PST

Forex Pros – The Euro was lower against the Japanese Yen on Friday after the release of euro zone data on German GDP.

EUR/JPY was trading at 111.36, down 1.22% at time of writing.

The pair was likely to find support at 111.06, today's low, and resistance at 114.30, Monday's high.

Earlier in the day, preliminary official data showed that Germany's gross domestic product rose less-than-expected to a seasonally adjusted 0.70% in the last quarter from 2.30% in the preceding quarter whose … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down On Economic Data

Posted: 11 Nov 2010 11:30 PM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on German GDP.

EUR/USD was trading at 1.3608, down 0.44% at time of writing.

The pair was likely to find support at 1.3588, today's low, and resistance at 1.4085, Monday's high.

Earlier in the day, preliminary official data showed that Germany's gross domestic product rose less-than-expected to a seasonally adjusted 0.70% in the last quarter from 2.20% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates


German GDP Rises Less-than-expected

Posted: 11 Nov 2010 11:15 PM PST

Germany's gross domestic product rose less-than-expected in the last quarter, preliminary official data showed on Friday.

In a report, Statistisches Bundesamt Deutschland said that German GDP rose to a seasonally adjusted 0.70%, from 2.20% in the preceding quarter.

Analysts had expected German GDP to rise 0.80% in the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Growth & Income Stock: Cinemark Holdings, Inc.

Posted: 11 Nov 2010 11:05 PM PST

Americans still love going to the movies – and are still willing to spend big bucks on popcorn and soda too. This is good news for movie theater companies like Cinemark Holdings, Inc. (NYSE:CNK).
Cinemark recently reported strong third quarter earnings, driven by double-digit growth in ticket and concession sales. Estimates have been trending higher, too, pushing the stock to a Zacks #2 Rank (Buy).
People Still Spending at the Movies
Cinemark reported its third quarter results on November 5. Total … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Aggressive Growth Stock: Newport Corp

Posted: 11 Nov 2010 11:05 PM PST

Newport Corp. (NASDAQ:NEWP) is projecting record sales for the current year, which has analysts raising estimates.
NEWP is carrying a Zacks #1 Rank (Strong Buy), trades with great valuations and the long-term outlook is fantastic.
Company Description
Newport supplies technology products and systems to the scientific research, aerospace, microelectronics and other highly technical fields. The company's lasers and optics are just some of the specialized products that go into its customer's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Momentum Stock: Fossil, Inc.

Posted: 11 Nov 2010 11:05 PM PST

Fossil, Inc. (NASDAQ:FOSL) recently surged to a new all-time high at above $70 after reporting an awesome Q3 earnings surprise of 35%. With retails sales showing signs of strength ahead of the holidays, this Zacks #1 rank stock has momentum wrapped up in a box.
Company Description
Fossil, Inc. designs, sells and licenses fashion accessories like watches, wallets and jewelry worldwide. The company was founded in 1984 and has a market cap of $4.62 billion.
It’s game time for the retailers, with the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bear Of The Day: Range Resources Corp. (RRC)

Posted: 11 Nov 2010 11:05 PM PST

Range Resources (NYSE:RRC) announced record-setting third-quarter 2010 production volume of 503 million cubic feet equivalent per day (MMcfe/d), up 15% from last year and 7% from the second quarter.
While the company’s third quarter production increased mainly on the back of solid contribution from its core Marcellus Shale properties, this area is primarily over-pressured and, in some areas, contains rich gas that must be processed further. As such, Range Resources needs more capital as well as … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bull Of The Day: JAKKS Pacific (JAKK)

Posted: 11 Nov 2010 11:05 PM PST

JAKKS Pacific’s (NASDAQ:JAKK) third quarter 2010 results came in well ahead of the Zacks Consensus Estimate. Although key brands like WWE, Hannah Montana and Pokemon continued to be a drag on the company’s sales growth, improving consumer spending and cost-cutting initiatives benefited the profitability.
We remain confident on the company’s long-term growth potential with new product launches, possible acquisitions, improved earnings helped by cost-saving measures, resolution of litigation and a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Oil Falls On Eurozone Concerns, Gold Loses Momentum Above $1400

Posted: 11 Nov 2010 10:51 PM PST

Commodities – Energy
Crude Oil Falls on Eurozone Concerns
Crude Oil (WTI) – $86.64 // $1.17 // 1.33%
Commentary: Oil finished unchanged at $87.81 on Thursday, able to hold onto recent gains despite notable weakness in U.S. equity markets. Incidentally, much of the weakness in stock markets was due to a weak earnings announcement by one company, Cisco Systems, not any economic concerns.
Crude continues to be well-supported by a robust economic outlook and declining inventories. That being … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down During The European Session

Posted: 11 Nov 2010 10:50 PM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on French GDP.

EUR/USD was trading at 1.3605, down 0.46% at time of writing.

The pair was likely to find support at 1.3593, today's low, and resistance at 1.4085, Monday's high.

Earlier in the day, preliminary official data showed that France's gross domestic product rose less-than-expected to a seasonally adjusted 0.40% in the last quarter from 0.70% in the preceding quarter whose … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Asian Markets Close Lower; Nikkei Down 1.39%

Posted: 11 Nov 2010 10:50 PM PST

Forex Pros – Asian stocks were down after the closing bell on Friday.

At the close of Asian trade, Japan's Nikkei 225 index fell 1.39%, Australia's S&P/ASX 200 index shed 0.76%%, while Hong Kong's Hang Seng Index was trading 1.54% down.

Meanwhile, the outlook for U.S. equity markets was downbeat. Dow Jones Industrial Average futures indicated a loss of 0.83%, S&P 500 futures pointed to a decrease of 1.00%% and Nasdaq 100 futures indicated a fall of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


French GDP Rises Less-than-expected

Posted: 11 Nov 2010 10:45 PM PST

France's gross domestic product rose less-than-expected in the last quarter, preliminary official data showed on Friday.

In a report, French National Institute for Statistics and Economic Studies said that French GDP rose to a seasonally adjusted 0.40%, from 0.70% in the preceding quarter whose figure was revised up from 0.60%.

Analysts had expected French GDP to rise 0.50% in the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down During The Asian Session

Posted: 11 Nov 2010 10:20 PM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3601, down 0.49% at time of writing.

The pair was likely to find support at 1.3593, today's low, and resistance at 1.4085, Monday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8470 and EUR/JPY falling 0.62% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Down During The Asian Session

Posted: 11 Nov 2010 09:30 PM PST

Forex Pros – The British Pound was lower against the U.S. Dollar on Friday.

GBP/USD was trading at 1.6064, down 0.36% at time of writing.

The pair was likely to find support at 1.5954, Tuesday's low, and resistance at 1.6215, Monday's high.

Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8474 and GBP/JPY falling 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


US Dollar Looking Bullish

Posted: 11 Nov 2010 09:10 PM PST

The dollar continues to look strong here and will most likely take a crack at MA(50) tomorrow (Friday). It met resistance and got rejected at this level in August-September as marked on the chart below. The last time the dollar was convincingly above the MA(50) was in July. The MA(50) currently stands at 48.79, so watch out for this level to get an idea of where the markets are headed. MACD looks really good and I won’t be surprised to see the market break through MA(50) tomorrow. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Talking Smartphones, Netbooks, Technology, Cleantech And Life Sciences With Duncan Stewart, Director Of Deloitte Canada Research

Posted: 11 Nov 2010 09:00 PM PST

Note: This interview was conducted on October 22, 2010.

Changing gears, albeit slightly, today's interview discusses macro trends in the Cleantech, Life Sciences and Technology spheres. Our guest and interviewee is well known analyst and commentator, Duncan Stewart of Deloitte Canada Research. Need we say more?

Allright, fine we will but only to say:

Enjoy! Share! Comment!

Duncan Stewart, CFA is the Director of Deloitte Canada Research in the areas of Technology, Media & … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cisco: Watch The $20 Level As It Will Make All The Difference

Posted: 11 Nov 2010 08:47 PM PST

While a one-day move greater than 10% is stellar for any stock, especially one as watched/traded as Cisco Systems (NASDAQ:CSCO), let's take a look at the bigger picture and journey from the monthly chart down to the daily frame to put this overnight move into a broader context.

First, CSCO's Monthy Structure:

In the grand scheme of things, yes CSCO is down 10% for November so far (month is not yet half over) and yes that's a terrible move for those who own shares … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market In Consolidation Mode: Another Day Of Losses For Cisco And The Euro

Posted: 11 Nov 2010 08:31 PM PST

I did say that we should be ready for a consolidated market and we certainly have it going into the last trading day of the week. The NASDAQ was very busy as tech bellwether, Cisco (NASDAQ:CSCO) was down hard under heavy trading. But we did see some key commodity markets, like Copper (JJC) and Silver (SLV) move to the upside with all the talk of the Chinese fighting off inflation. This could be signaling a strong Chinese economy and the continuation of China's infrastructure buildup. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/JPY Down During The Asian Session

Posted: 11 Nov 2010 08:15 PM PST

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday.

USD/JPY was trading at 82.36, down 0.15% at time of writing.

The pair was likely to find support at 80.54, Tuesday's low, and resistance at 82.80, Wednesday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.40% to hit 1.3613 and GBP/USD falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – NZD/USD Down During The Asian Session

Posted: 11 Nov 2010 07:30 PM PST

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday.

NZD/USD was trading at 0.7765, down 0.50% at time of writing.

The pair was likely to find support at 0.7738, Tuesday's low, and resistance at 0.7932, Monday's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.11% to hit 1.2800 and EUR/NZD rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Why We Should Beware Budget-Deficit Mania

Posted: 11 Nov 2010 07:27 PM PST

We're in for another round of budget-deficit mania.

The first draft of the President's deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something's bound to stick.

At their best, presidential commissions focus the public's attention — not only on the right solution to some important … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Gold – FOREX Correlations Reveal A Startling Divergence

Posted: 11 Nov 2010 06:36 PM PST

Gold has been receiving an increasing amount of attention recently as the metal soars to new record levels. But you don't have to trade gold to benefit from the metal's recent volatility. In fact, many of the popular currency pairs have been moving in tandem with gold, offering forex traders an opportunity to piggyback on the uptrend or bet against it, with the added benefit of trading within the world's deepest and most liquid market.
The following table includes the correlation between … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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