Monday, November 29, 2010

DailyMarkets.com - Black Friday Violence: What Will Americans Do When They Are Really Desperate?

DailyMarkets.com - Black Friday Violence: What Will Americans Do When They Are Really Desperate?

Black Friday Violence: What Will Americans Do When They Are Really Desperate?

Posted: 29 Nov 2010 03:35 AM PST

It seems with each passing year the madness on Black Friday gets even worse.  This year, there were reports of fights and rioting from coast to coast.  It was estimated that over 180 million U.S. shoppers headed for the stores on Friday, and whenever you get that many people together there are going to be problems.  But just how crazed ordinary Americans are getting over saving a little bit of money is deeply disturbing when you really start thinking about it.  If people will go this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Laugh Out Loud: Horn O’plenty …

Posted: 29 Nov 2010 12:51 AM PST

A Silver Lining In The Global Outlook?

Posted: 29 Nov 2010 12:05 AM PST

David Leonhart has an extensive article in the New York Times about how China may move from a country driven by infrastructure and capital goods growth engines to a consumer led growth. It’s well worth the read and puts into perspective many of the points that experienced China watchers have talked about. Consider, for example, on what he says about the scale of the infrastructure and capital goods growth story:
China now spends about 50 percent of its gross domestic product on a broad … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Ambev

Posted: 28 Nov 2010 11:05 PM PST

Ambev (NYSE:ABV) recently delivered another solid quarter. The company once again recorded double-digit sales growth due to strong volume gains in several markets, particularly in the booming market of Brazil.
Estimates continue to rise as analysts expect continued growth in the company’s Latin American markets. It is a Zacks #2 Rank (Buy) stock.
Third Quarter Results
Ambev reported its results for the third quarter on November 3. Earnings per share came in at $1.77, 15 cents ahead the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: 51jobs, Inc.

Posted: 28 Nov 2010 11:05 PM PST

51jobs, Inc. (NASDAQ:JOBS) recently jumped to a new all-time high after reporting another solid quarter that included a 25% earnings surprise. With estimates on the rise and analysts looking for 38% earnings growth in 2011, this Zacks #1 rank stock offers an international twist to the momentum cocktail.
In case anyone’s forgotten, 51jobs is an employment services company out of China with a market cap of $1.4 billion. The company is a play on the booming chinese economy, on full display with 51job’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Shoe Carnival Inc.

Posted: 28 Nov 2010 11:05 PM PST

Shoe Carnival (NASDAQ:SCVL) has been an investor's dream the past few months, reporting record third-quarter results. Estimates are pushing higher and bumped its Zacks Rank to a #2 (Buy).
Even though shares are pressuring the 52-week high, the stock is still a great value as well.
Company Description
Shoe Carnival has 311 stores selling footwear throughout the Midwest, South and Southeast. The company targets cost conscious shoppers of all ages.
Sales Continue to Improve
On Nov 18 Shoe Carnival … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Cypress Bioscience (CYPB)

Posted: 28 Nov 2010 11:05 PM PST

Cypress Bioscience, Inc. (NASDAQ:CYPB) reported a net loss of $0.94 per share in the third quarter, significantly higher than the Zacks Consensus Estimate and the year-ago loss of $0.12. Despite an increase in revenues, higher operating expenses led to the wider loss in the reported quarter.
Following the release of third quarter results, 2010 loss estimates for the company have increased significantly. We now expect the company to post a loss of $1.24, significantly higher than our previous loss … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Superior Industries (SUP)

Posted: 28 Nov 2010 11:05 PM PST

Superior Industries International (NYSE:SUP) has a wide customer base. Moreover, its long-term business agreements with clients helped the company maintain financial stability.
With its strategic acquisition, divestment and relocation, the company is well positioned to take full advantage of the globally expanding automotive industry. In addition, Superior has no long-term debt obligations. Its third-quarter results were strong with earnings outperforming the Zacks Consensus Estimate by $0.02 per … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The Asian Session

Posted: 28 Nov 2010 10:30 PM PST

Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.

GBP/USD was trading at 1.5614, up 0.14% at time of writing.

The pair was likely to find support at 1.5560, today's low, and resistance at 1.5838, Wednesday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8480 and GBP/JPY rising 0.12% 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: 28 Nov 2010 10:20 PM PST

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Monday.

USD/CHF was trading at 1.0001, down 0.32% at time of writing.

The pair was likely to find support at 0.9898, Wednesday's low, and resistance at 1.0053, Friday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.02% to hit 1.3243 and USD/JPY falling 0.00% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session

Posted: 28 Nov 2010 10:10 PM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Monday.

EUR/USD was trading at 1.3241, up 0.001% at time of writing.

The pair was likely to find support at 1.3182, today's low, and resistance at 1.3421, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8480 and EUR/JPY rising 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Will Look Toward U.S. Payrolls For Guidance, Gold May Continue To Take Cues From Europe And Silver

Posted: 28 Nov 2010 09:51 PM PST

Commodities – Energy
Crude Oil Will Look Toward U.S. Payrolls for Guidance
Crude Oil (WTI) – $85.35 // $0.59 // 0.70%
Commentary: Crude oil will look to build upon gains established in last week's holiday-shortened week. Recall that prices added about $2 after successfully testing $80 support four times. Though European sovereign debt concerns still linger, traders are beginning to focus on the recovery in the United States, and that should remain a bullish driver for oil prices.
The big … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The Asian Session

Posted: 28 Nov 2010 09:25 PM PST

Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.

GBP/USD was trading at 1.5604, up 0.08% at time of writing.

The pair was likely to find support at 1.5560, today's low, and resistance at 1.5838, Wednesday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.21% to hit 0.8474 and GBP/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold And Silver Investing – Controlling Your Trades, Money & Emotions

Posted: 28 Nov 2010 09:12 PM PST

Last week we had typical pre-holiday light volume trading going into US Thanksgiving. The previous week I warned every one to trade with extreme caution because of the light volume and the fact that the market is on the verge of a sizable drop for both stocks and commodities. Any price action could not be taken seriously because of the light volume. We will not know until later this coming week what the big money wants to do… Buy or Sell, also what the manipulators will do… Seems like … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During The Asian Session

Posted: 28 Nov 2010 08:50 PM PST

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Monday.

USD/CHF was trading at 1.0011, down 0.22% at time of writing.

The pair was likely to find support at 0.9898, Wednesday's low, and resistance at 1.0053, Friday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.3224 and USD/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Discussing Active Asset Allocation Using ETFs With Terry Shaunessy Of Shaunessy Investment Counsel

Posted: 28 Nov 2010 08:45 PM PST

Terry Shaunessy is President and Founder of Shaunessy Investment Counsel

Biography: Terry Shaunessy is President and Founder of Shaunessy Investment Counsel, a Calgary based money manager, specializing in quantitatively derived domestic and international investment portfolios for institutions, corporations and ultra high net worth families. Prior to founding his own firm, Terry gained extensive capital markets experience in his roles as President of Gordon Capital, Director of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session

Posted: 28 Nov 2010 08:20 PM PST

Forex Pros – The Euro was lower against the British Pound on Monday.

EUR/GBP was trading at 0.8483, down 0.11% at time of writing.

The pair was likely to find support at 0.8421, Friday's low, and resistance at 0.8524, Monday's high.

Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.04% to hit 1.3236 and EUR/JPY rising 0.00% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During The Asian Session

Posted: 28 Nov 2010 07:40 PM PST

Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.

USD/JPY was trading at 84.09, up 0.02% at time of writing.

The pair was likely to find support at 82.95, Wednesday's low, and resistance at 84.20, today's high.

Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.3236 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The Asian Session

Posted: 28 Nov 2010 07:10 PM PST

Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday.

USD/CAD was trading at 1.0211, down 0.06% at time of writing.

The pair was likely to find support at 1.0076, Thursday's low, and resistance at 1.0247, Friday's high.

Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.09% to hit 1.3229 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session

Posted: 28 Nov 2010 06:30 PM PST

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.

AUD/USD was trading at 0.9633, down 0.13% at time of writing.

The pair was likely to find support at 0.9585, today's low, and resistance at 0.9852, Wednesday's high.

Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3739 and AUD/JPY falling 0.08% 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: 28 Nov 2010 06:05 PM PST

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

EUR/USD was trading at 1.3214, down 0.20% at time of writing.

The pair was likely to find support at 1.3182, today's low, and resistance at 1.3421, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.20% to hit 0.8475 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Monday 29 November

Posted: 28 Nov 2010 06:00 PM PST

Morning Highlights

There Are No Quick Picks For Today!
STI started little unchanged at 3157.82 but dropped slightly in opening trades as  Asian markets digest the news of an 85 billion euro rescue package for Ireland.
Watch Out For Economic News Today

U.S Dallas Fed Manufacturing (Nov)

Corporate Announcements

Wilmar announced that it has completed its acquisition of Minsec Engineering Services Sdn. Bhd.

News Updates:

U.S. Stocks dropped, extending a third straight weekly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down During The Asian Session

Posted: 28 Nov 2010 05:40 PM PST

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

NZD/USD was trading at 0.7472, down 0.37% at time of writing.

The pair was likely to find support at 0.7448, today's low, and resistance at 0.7644, Wednesday's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.04% to hit 1.2859 and EUR/NZD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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