DailyMarkets.com - Black Friday: A Festival Of Greed?

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• Black Friday: A Festival Of Greed?
• Sentiment Update On Gold & Silver Using The Commitment Of Traders Report
• Matt Taibbi: U.S. Devolving Into A Paradise Of Thieves
• Laugh Out Loud: Asian Financial Order
• Forex – EUR/USD Trims Losses After Upbeat Euro Zone PMI Data
• Forex – NZD/USD Falls To 4-day Low Amid Euro Zone, Korea Tensions
• European Stocks Fall On Euro Zone Debt, Korea Fears; DAX Sheds 0.33%
• Forex – AUD/USD Hits 4-day Low As Ireland, Korea Fears Weigh
• Will The Singapore Dollar Continue To Lose Steam Against The US Dollar?
• Britain’s BBA Mortgage Approvals Fall Unexpectedly
• Euro Zone Flash Manufacturing PMI Rises Unexpectedly
• Forex – Dollar Up Against Rivals As Risk Aversion Escalates
• Forex – USD/CHF In Tight Range As Risk Appetite Evaporates
• Forex – USD/JPY Hits 7-week High After Korean Shelling
• German Flash Manufacturing PMI Rises More-than-expected
• Forex – GBP/USD Falls To 4-day Low As Irish Debt Fears Weigh
• Asia Stocks Decline On Euro Zone Debt Woes; Nikkei Closed For Holiday
• Forex – EUR/USD Hits 4-day Low Amid Irish Political Turmoil
• Growth & Income Stock: Arch Chemicals Inc
• Aggressive Growth Stock: Amtech Systems
• Momentum Stock: StoneMor Partners L.P.
• Bear Of The Day: American Int'l Group (AIG)
• Bull Of The Day: The LGL Group (LGL)
• Crude Oil Rises Then Falls As Irish Worries Linger, Gold Fluctuates With The U.S. Dollar
• Forex – EUR/USD Down During The Asian Session
• GE Wins China Aviation Deals
• Stock Charts Of The Day: IRF, ATML
• Stock Trading Plan For Tuesday: Baidu, JDA Software, OpenTable, Schweitzer-Mauduit International
• Forex – GBP/USD Down During The Asian Session
• Forex – USD/CHF Down During The Asian Session
• Forex – EUR/GBP Down During The Asian Session
• Gotta Love Wal-Mart
• Singapore Stock Market Update For Tuesday 23 November
• Forex – USD/JPY Up During The Asian Session
• Forex – USD/CAD Up During The Asian Session
• ‘This Isn’t Microsoft Or Intel’
• Forex – AUD/USD Down During The Asian Session
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down During The Asian Session
• Listen To One Opinion Or The Sound Of The Thundering Herd
• Crude Recovery Cools But Gold Continues Advance On Ireland Bailout

Black Friday: A Festival Of Greed? Posted: 23 Nov 2010 03:35 AM PST Black Friday – the day after Thanksgiving when millions of Americans line up before the crack of dawn at retail stores across the nation hoping to find great deals on cheap plastic stuff made outside the United States.  The Friday after Thanksgiving has become an “unofficial holiday” in recent years, and in fact in many ways it is starting to become as big as Thanksgiving itself.  A recent search on Google (NASDAQ:GOOG) News found over 31,000 stories about “Thanksgiving” and over 24,000 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sentiment Update On Gold & Silver Using The Commitment Of Traders Report Posted: 23 Nov 2010 03:25 AM PST The Commitment of Traders report (COT) comes out every Friday. The data is as of Tuesday so there is a lag. The COT data provides important data about the construct of the market. It tells important information such as who is holding long positions (commercials or speculators) and the total open interest. The commercials are the traders who are the producers and/or users of the commodity. They tend to be more conservative in their approach and will hold positions far longer than your … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Matt Taibbi: U.S. Devolving Into A Paradise Of Thieves Posted: 23 Nov 2010 03:17 AM PST Matt Taibbi, author of Griftopia, says America is devolving into a paradise of thieves because of the actions of "vampire squids" like Goldman Sachs and former Fed Chief Alan … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Laugh Out Loud: Asian Financial Order Posted: 23 Nov 2010 03:05 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Trims Losses After Upbeat Euro Zone PMI Data Posted: 23 Nov 2010 02:56 AM PST Forex Pros – The euro trimmed losses against the U.S. dollar on Tuesday, retreating from a 4-day low after the release of a flurry of better-than-expected euro zone PMI data. EUR/USD hit 1.3584 after retreating from 1.3525, the pair's lowest since November 17, during European morning trade, shedding 0.31%. The pair was likely to find support at 1.3446, the low of November 16 and a 7-week low and resistance at 1.3785, Monday's high. Earlier in the day, preliminary data showed that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Falls To 4-day Low Amid Euro Zone, Korea Tensions Posted: 23 Nov 2010 02:26 AM PST Forex Pros – New Zealand's dollar was down against its U.S. counterpart on Tuesday, falling to hit a 4-day low as fears over sovereign debt contagion in the euro zone simmered and after North Korea shelled a South Korean island. NZD/USD hit 0.7652 during European morning trade, the pair's lowest since November 17; the pair subsequently consolidated at 0.7679, shedding 0.53%. The pair was likely to find support at 0.7630, the low of November 17 and a 2-week low and resistance at 0.7835, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Fall On Euro Zone Debt, Korea Fears; DAX Sheds 0.33% Posted: 23 Nov 2010 02:10 AM PST Forex Pros – European stocks were down on Tuesday, as concerns over euro zone sovereign debt contagion and geopolitical concerns in Korea weighed on market sentiment, while U.S. futures indexes pointed to a lower open on Wall Street. During European morning trade, the EURO STOXX 50 tumbled 0.90%; France's CAC 40 declined 0.87%; while Germany’s DAX shed 0.33%. Shares in the financial sector were broadly lower amid ongoing concerns over sovereign debt contagion spreading from Ireland to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Hits 4-day Low As Ireland, Korea Fears Weigh Posted: 23 Nov 2010 01:59 AM PST Forex Pros – The Australian dollar was down against its U.S. counterpart on Tuesday, falling to hit a 4-day low as fears over euro zone sovereign debt contagion and geopolitical tensions in Korea exacerbated risk aversion. AUD/USD hit 0.9776 during European morning trade, the pair's lowest since November 17; the pair subsequently consolidated at 0.9818, shedding 0.68%. The pair was likely to find support at 0.9725, the low of November 17 and a 2-week low and resistance at 0.9911, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Will The Singapore Dollar Continue To Lose Steam Against The US Dollar? Posted: 23 Nov 2010 01:56 AM PST Good day FX friends! I'm back and kicking once again! Anyway, in today's forex pick is a technical update on the USDSGD pair – that's the greenback versus the Singapore dollar. In case you do not know, the Singapore dollar (SGD) has been gradually beating the US dollar’s ass since March of 2009 much like what Manny Pacquiao was doing to Antonio Margarito in their fight last November 13. Notice, however, that the Sing's ascent over the US dollar has hastened by June of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Britain’s BBA Mortgage Approvals Fall Unexpectedly Posted: 23 Nov 2010 01:37 AM PST Forex Pros – Mortgage approvals in the U.K. fell unexpectedly in October, industry data showed on Tuesday. In a report, the British Banker’s Association said that the number of new mortgages approved in October fell to 30.8K, after declining to 31.1K in September. Analysts had expected the number of mortgage approvals to rise to 31.3K in October. Commenting on the report, BBA statistics director, David Dooks said, "Activity in the mortgage and consumer credit markets continued to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Flash Manufacturing PMI Rises Unexpectedly Posted: 23 Nov 2010 01:31 AM PST Forex Pros – Manufacturing activity in the euro zone rose unexpectedly in November, rising to its highest level in four months, preliminary data showed on Tuesday. In a report, market research group Markit said that its preliminary manufacturing purchasing managers index rose to a seasonally adjusted 55.5 in November, up from 54.6 in October, whose figure was revised up from 54.1. Analysts had expected the index to decline to 54.4 in November. On the index, a reading above 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Up Against Rivals As Risk Aversion Escalates Posted: 23 Nov 2010 01:17 AM PST Forex Pros – The U.S. dollar was broadly higher against its major rivals on Tuesday, as risk aversion escalated amid fears over euro zone sovereign debt contagion and following reports of a major artillery exchange on the Korean peninsula. During European morning trade, the greenback was up against the euro, with EUR/USD dropping 0.22% to hit 1.3595. Political turmoil in Ireland stoked fears that the crisis which already engulfed Greece would spread to other indebted euro zone nations, such … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF In Tight Range As Risk Appetite Evaporates Posted: 23 Nov 2010 01:05 AM PST Forex Pros – The U.S. dollar was trading in a tight range against the Swiss franc on Tuesday, swinging between small gains and losses as risk appetite was hit amid fears over euro zone sovereign debt and after a major artillery exchange on the Korean peninsula. USD/CHF hit 0.9910 during European morning trade, the daily high, the pair subsequently consolidated at 0.9899, gaining 0.02%. The pair was likely to find support at 0.9828, the low of November 16 and resistance at 0.9996, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Hits 7-week High After Korean Shelling Posted: 23 Nov 2010 12:48 AM PST Forex Pros – The U.S. dollar was up against the yen on Tuesday, advancing to a 7-week high after a major artillery exchange on the Korean peninsula and ongoing fears over euro zone sovereign debt sapped risk appetite. USD/JPY hit 83.84 during early European trade, the pair's highest since October 5; the pair subsequently consolidated at 83.65, gaining 0.39%. The pair was likely to find support at 82.39, the low of November 15 and resistance at 84.33, the high of September 28. Earlier in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Flash Manufacturing PMI Rises More-than-expected Posted: 23 Nov 2010 12:45 AM PST Forex Pros – Manufacturing activity in Germany rose more-than-expected in November, rising to its highest level in four months, preliminary data showed on Tuesday. In a report, market research group Markit said that its preliminary German manufacturing purchasing managers index rose to a seasonally adjusted 58.9 in November, up from 56.6 in October, whose figure was revised up from 56.1. Analysts had expected the index to rise to 57.0 in November. A reading above 50.0 on the index … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Falls To 4-day Low As Irish Debt Fears Weigh Posted: 23 Nov 2010 12:18 AM PST Forex Pros – The pound was down against the U.S. dollar on Tuesday, falling to a 4-day low as concerns over sovereign debt contagion spreading from Ireland to other indebted euro zone members dented risk appetite. GBP/USD hit 1.5894 during late Asian trade, the pair's lowest since November 17; the pair subsequently consolidated at 1.5932, shedding 0.16%. Cable was likely to find support at 1.5721, the low of October 28 and resistance at 1.6083, Monday's high. On Monday, U.K. Chancellor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Decline On Euro Zone Debt Woes; Nikkei Closed For Holiday Posted: 22 Nov 2010 11:47 PM PST Forex Pros – Asian stocks were down amid thin trade on Tuesday as markets in Japan remained closed, as concerns over euro zone sovereign debt contagion and speculation of further monetary tightening by China dented risk appetite. During late Asian trade, Hong Kong’s Hang Seng Index tumbled 2.75%, South Korea’s Kospi Composite fell 0.79%, while Japan's Nikkei 225 Index was closed in observance of Labor Thanksgiving Day. The Hang Seng's losses came as shares in the financial sector led … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Hits 4-day Low Amid Irish Political Turmoil Posted: 22 Nov 2010 11:29 PM PST Forex Pros – The euro was down against the U.S. dollar on Tuesday, falling to a 4-day low as concerns over political turmoil in Ireland fuelled fears over contagion to other vulnerable euro zone nations. EUR/USD hit 1.3527 during late Asian trade, the pair's lowest since November 17; the pair subsequently consolidated at 1.3566, shedding 0.44%. The pair was likely to find support at 1.3446, the low of November 16 and a 7-week low and resistance at 1.3785, Monday's high. On Monday, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Arch Chemicals Inc Posted: 22 Nov 2010 11:05 PM PST Arch Chemicals Inc (NYSE:ARJ) delivered another solid quarter on healthy sales growth and an expanding gross margin. Earnings per share came in 21% ahead of the Zacks Consensus Estimate as the company recorded its fifth consecutive positive surprise. Management also raised its guidance for the rest of 2010 due to the strong quarter, prompting analysts to revise their estimates higher. It is a Zacks #2 Rank (Buy) stock. Solid Quarter Arch Chemicals reported third quarter results on November 2. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Amtech Systems Posted: 22 Nov 2010 11:05 PM PST Amtech Systems (NASDAQ:ASYS) recently posted record quarterly results. The company is getting flooded with new orders and thanks to excellent management; it is able to meet the demand. Shares are trading with attractive valuations and this Zacks #1 Rank (Strong Buy) stocks up well against its peers. Company Description Amtech Systems makes equipment for semiconductors and solar cell makers. Huge Surprise On Nov 15 Amtech Systems announced record-setting quarterly revenue, which came in at $45.4 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: StoneMor Partners L.P. Posted: 22 Nov 2010 11:05 PM PST StoneMor Partners L.P., (NASDAQ:STON) might not look like your typical momentum stock, but that didn’t stop its share price from recently hitting a new multi-year after the company reported an awesome Q3 earnings surprise of more than 400%. Estimates have since taken a nice jump higher, making this Zacks #1 rank stock a solid pick for momentum. Company Description When the economy struggles, businesses with less elastic demand tend to perform relatively well. That’s definitely the case with StoneMor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: American Int'l Group (AIG) Posted: 22 Nov 2010 11:05 PM PST We are downgrading our recommendation on the shares of American International Group (NYSE:AIG) on a poor third quarter performance and the likelihood of more one-time charges in 2011. Third quarter loss was dramatically behind the Zacks Consensus Estimate of earnings, primarily driven by $4.5 billion of restructuring charges including loss from discontinued operations and reduced investment income although core insurance operations generated stable results. While benefits, claims and expense … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: The LGL Group (LGL) Posted: 22 Nov 2010 11:05 PM PST The LGL Group (LGL), through its subsidiaries manufactures custom-designed highly engineered electronic components. Beyond its blue-chip customer base, the firm has significant opportunity for growth in specialty products in the military instrumentation and space avionics market (MISA) as well as high-growth emerging areas such as India and China. Further, the firm’s long-term goals include plans to diversify away from strictly selling components and to be included higher in the value chain … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Rises Then Falls As Irish Worries Linger, Gold Fluctuates With The U.S. Dollar Posted: 22 Nov 2010 10:51 PM PST Commodities – Energy Crude Oil Rises then Falls as Irish Worries Linger Crude Oil (WTI) – $81.42 // $0.32 // 0.39% Commentary: Crude oil rose slightly on Monday, adding $0.26, or 0.28%, to settle at $81.74. Prices are giving back all of those gains and then some in overnight trade, however, as concerns related to Ireland linger. The new fear is that upcoming elections will make it harder for the country to come to terms with the EU and IMF on the aid that was requested. Our take is that crude … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 22 Nov 2010 10:10 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3577, down 0.37% at time of writing. The pair was likely to find support at 1.3543, Thursday's low, and resistance at 1.3786, Monday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8521 and EUR/JPY falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GE Wins China Aviation Deals Posted: 22 Nov 2010 10:05 PM PST CFM International, a 50/50 joint venture between General Electric Co (NYSE:GE) and French company Snecma, has obtained contracts worth $2.1 billion for supply of engines and services to Air China, China Eastern Airlines and the HNA Group. The supply will include 20 CFM56-5B engines for Air China, 30 CFM56-5B engines for China Eastern Airlines and 42 CFM56-5B engines for new A320s under the HNA Group. CFM International has already signed up with Commercial Aircraft Corporation of China Limited as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Charts Of The Day: IRF, ATML Posted: 22 Nov 2010 09:50 PM PST Let’s make it Chart(s) of the day today with the charts being International Rectifier Corporation (NYSE:IRF) and Atmel (NASDAQ:ATML). They are both very similar looking setups. Both these stocks gapped up recently and have consolidated nicely since then. After around a couple of weeks of trading, they are both close to testing the highs of the breakout move. Both the stocks were in a strong uptrend before the breakout move. Rather similar looking charts, aren’t they? I happen to be in both of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Trading Plan For Tuesday: Baidu, JDA Software, OpenTable, Schweitzer-Mauduit International Posted: 22 Nov 2010 09:33 PM PST We typically get abnormal market action during the shortened, Thanksgiving holiday week and that is what we got again on Monday.  The futures were up big premarket but then the market sold off hard early in the day.  After all that we still managed to rally our way back and close the day strong. Normally we can expect a continuation rally through Tuesday but things are less predictable during this holiday week so we are prepared for anything. NEW SETUPS We found a few high … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The Asian Session Posted: 22 Nov 2010 09:25 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.5940, down 0.12% at time of writing. The pair was likely to find support at 1.5889, Thursday's low, and resistance at 1.6095, Friday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8523 and GBP/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During The Asian Session Posted: 22 Nov 2010 08:50 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9892, down 0.05% at time of writing. The pair was likely to find support at 0.9856, Thursday's low, and resistance at 0.9998, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.31% to hit 1.3584 and USD/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 22 Nov 2010 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Tuesday. EUR/GBP was trading at 0.8528, down 0.14% at time of writing. The pair was likely to find support at 0.8488, Thursday's low, and resistance at 0.8596, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.29% to hit 1.3587 and EUR/JPY falling 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gotta Love Wal-Mart Posted: 22 Nov 2010 08:19 PM PST THE ATLANTIC — “In October, Walmart unveiled its commitment to sustainable agriculture, including a goal to double the amount of locally grown produce we sell in the United States. But what does that mean and how will we do it? To better understand where Walmart is heading, let’s take a look at what we’re already doing with jalapeño peppers. Today, we source jalapeño peppers from 20 states—including some you wouldn’t think of, like New York and Michigan—and jalapeños have proven to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Tuesday 23 November Posted: 22 Nov 2010 08:06 PM PST Morning Highlights There Are No Quick Picks For Today! Singapore Stocks started easier following Wall Street’s decline overnight as investors turned more risk averse due to fears that Ireland’s debt problems could spread to the rest of Europe. STI dropped 3.93 points to open at 3186.99. Currently index is retreating further. Watch Out For Economic News Today Singapore CPI (Oct) Germany & Eurozone PMI (Nov) U.S existing home sales (Oct) Corporate Announcements Capitaland’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During The Asian Session Posted: 22 Nov 2010 07:40 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday. USD/JPY was trading at 83.34, up 0.01% at time of writing. The pair was likely to find support at 83.10, Thursday's low, and resistance at 83.78, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.36% to hit 1.3578 and GBP/USD falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up During The Asian Session Posted: 22 Nov 2010 07:10 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday. USD/CAD was trading at 1.0194, up 0.07% at time of writing. The pair was likely to find support at 1.0122, Monday's low, and resistance at 1.0237, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.36% to hit 1.3578 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

‘This Isn’t Microsoft Or Intel’ Posted: 22 Nov 2010 06:37 PM PST Last month’s stronger-than-expected employment data convinced many mainstream analysts that the economy was on the upswing. They noted that it was the 10th straight month of increased hiring in the private sector and the first overall increase in jobs since May. Those job gains, they suggested, “should give Americans a bit more income to spend.” That said, if the following Washington Post report, “For Experienced Workers, a Tough Menu to Swallow,” is any guide, their talk of “a bit” more … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session Posted: 22 Nov 2010 06:30 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9870, down 0.17% at time of writing. The pair was likely to find support at 0.9807, Thursday's low, and resistance at 0.9954, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.16% to hit 1.3762 and AUD/JPY falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 22 Nov 2010 06:05 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3589, down 0.28% at time of writing. The pair was likely to find support at 1.3543, Thursday's low, and resistance at 1.3786, Monday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8522 and EUR/JPY falling 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During The Asian Session Posted: 22 Nov 2010 05:35 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Tuesday. EUR/JPY was trading at 113.11, down 0.40% at time of writing. The pair was likely to find support at 112.64, Thursday's low, and resistance at 114.95, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.41% to hit 1.3571 and EUR/GBP falling 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Listen To One Opinion Or The Sound Of The Thundering Herd Posted: 22 Nov 2010 05:20 PM PST Who am I to disagree with someone of such repute as John Murphy, chief technical analyst at StockCharts.com … but I think I must. A Bloomberg article this morning entitled “S&P 500 Drop May Lead to Bigger Retreat, Murphy Says: Technical Analysis” reports “The benchmark for U.S. equities yesterday fell to 1197.75, about 2 points …. and is approaching the support level for a third time since the end of August. The index broke below the average five times this year, four of which were … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Recovery Cools But Gold Continues Advance On Ireland Bailout Posted: 22 Nov 2010 04:16 PM PST North American Commodity Update Commodities – Energy A Volatile Session for Crude Mimics the S&P 500's Reaction to News of Ireland's Bailout Crude Oil (LS Nymex) – $81.74 // $0.23 // 0.28% The expiration of the Nymex December crude oil futures contract presents an unusual picture when reconciling the rollover. However, should we look at a continuous contract, we would see that the commodity has in fact put in for a modest improvement over Friday's close. However, this was not a slow … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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