Tuesday, November 30, 2010

DailyMarkets.com - Chase Slate Credit Card: One Of The Best Low Interest Credit Cards?

DailyMarkets.com - Chase Slate Credit Card: One Of The Best Low Interest Credit Cards?


Chase Slate Credit Card: One Of The Best Low Interest Credit Cards?

Posted: 30 Nov 2010 07:35 AM PST

Low interest credit cards are useful for those of you who carry a balance from month to month, as it means you pay less interest fees every month on what you owe and it can take you less time to repay your debt. Slate from Chase, issued by JPMorgan Chase (NYSE:JPM), is formerly known as Chase Platinum. It is one of the best low interest credit cards in the US according to our smart Credit Card Search tool. Even though it doesn’t have any rewards program, it offers other features that you might … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Stocks To Know For Tuesday: Bank Of America, Visa, Google, Wells Fargo, Goldman Sachs, Lowe’s, Verizon, Hewlett-Packard, Seagate, BP, Merck

Posted: 30 Nov 2010 07:28 AM PST

U.S. stocks fell Monday, sending the S&P 500 Index down for the fourth time in five days,

as Ireland's bailout failed to ease investor concern that Europe's debt crisis may spread to the southern region. The S&P 500 rallied in the final 90 minutes of trading, almost wiping out a 1.3% as the measure bounced off a level watched by chart analysts. Hewlett-Packard (NYSE:HPQ)  and Verizon Communications (NYSE:VZ) both lost at least 1%, pacing declines in the Dow while Visa (NYSE:V) sank … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Merck Halts Isentress Study

Posted: 30 Nov 2010 07:05 AM PST

Merck (NYSE:MRK) recently announced its decision to halt a phase III study with its HIV drug Isentress based on the recommendation of an independent Data Monitoring Committee. The phase III study was being conducted to investigate the safety and efficacy of a once-daily dosage of Isentress in treatment-naïve adult HIV patients.
Isentress is currently approved in a twice-daily dosage regimen for the treatment of HIV in treatment-naïve and treatment-experienced adults in combination with other … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Staples Remains Neutral

Posted: 30 Nov 2010 07:05 AM PST

Leading retailer of office products and services Staples, Inc. (NASDAQ:SPLS) is better positioned than its competitors to benefit from the economic recovery, and is poised to sustain growth based on its margin expansion, effective merchandising, and growth prospects across its retail, delivery and international divisions.
Staples, which anticipates a modest recovery in the economy in the remainder of fiscal 2010, is making prudent investments in the highly fragmented North American retail market to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Rises Despite Better US Data

Posted: 30 Nov 2010 07:01 AM PST

Despite the better ChicagoPMI, the EURUSD has seen some profit taking/short covering.  The pair is heading toward intraday resistance against the 38.2% retracement of the days range and the 100 bar MA on the 5 minute chart. Look for seller against the levels with stops likely on a move … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDCHF In The Middle Of A Range

Posted: 30 Nov 2010 06:50 AM PST

The USDCHF is in the middle of the 3 day range. The CHF is also a safe haven currency and as a result, the dollar move of late has not effected the USDCHF as much as some of the other currencies. Investors feel as comfortable buying the CHF as they do the EUR as it struggles with Ireland and worries about Portugal and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDJPY Holds Fibo Support On First Test

Posted: 30 Nov 2010 06:36 AM PST

Earnings Scorecard: Tiffany

Posted: 30 Nov 2010 06:35 AM PST

Tiffany & Company (NYSE:TIF), a high-end jewelry designer, manufacturer and retailer, has posted stronger-than-expected third-quarter 2010 results buoyed by improved demand for luxury items worldwide.
Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts' estimate revisions and the Zacks Rank as well as the long-term recommendation for the stock.
Earnings Report Review
Tiffany's quarterly … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: ABB Ltd, Baldor Electric Company, Diana Shipping, Goldman Sachs Group, Jefferies Group, Google, Research In Motion Limited, Seagate Technology Holdings

Posted: 30 Nov 2010 06:35 AM PST

 Zurich-based ABB (NYSE:ABB) said it agreed to buy Baldor Electric (NYSE:BEZ) for $4.2 billion, or $63.50 per share

 Google (NASDAQ:GOOG) is rumored to be in talks with online discounter Groupon, in a deal valued as much as $6 billion

 Seagate Technologies (NASDAQ:STX) terminated talks with private equity firms without a deal. The company also announced plans to buy back shares worth $2 billion

 A number of firms started coverage of Vera Bradley (VRA) with positive … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Altera Guides In Line With Expectations

Posted: 30 Nov 2010 06:35 AM PST

Altera Corporation (NASDAQ:ALTR) recently updated its guidance for the fourth quarter. Altera expects revenues in the fourth quarter to grow around 3% – 6% sequentially, same as the earlier forecast.
The guidance implies a revenue guidance of $543.3 – $559.2 million, in line with the Zacks consensus of $546 million.
The growth in the fourth quarter will be driven by new products. In particular, Stratix IV and Arria II 40-nanometer (nm) FPGAs are expected to depict strong results.
On the third … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Further Advance

Posted: 30 Nov 2010 06:19 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Japanese Yen: Under Pressure

Posted: 30 Nov 2010 06:19 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


British Pound: Rebound

Posted: 30 Nov 2010 06:19 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro: The Upside Prevails

Posted: 30 Nov 2010 06:19 AM PST

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Shell’s Texas Fields On Sale: WSJ

Posted: 30 Nov 2010 06:05 AM PST

Energy major Royal Dutch Shell plc's (RDS.A  )  U.S. unit – Shell Oil Co. – is planning to sell its South Texas gas fields, according to a report by Wall Street Journal (“WSJ”). The company expects to pocket around $1 billion from the transaction, the report added, citing people close to the matter.
The prospective buyer of The Hague-based group's natural gas assets is most likely to be an energy-focused private-equity firm or master limited partnership, the newspaper reported … [visit site to read more] or compare Best Credit Cards and Best CD Rates


UnitedHealth States 2011 Guidance

Posted: 30 Nov 2010 06:05 AM PST

In a brief release yesterday, US health insurer UnitedHealth Group (NYSE:UNH) announced its earnings expectations for fiscal 2011 in the range of $3.50 to $3.70, which is lower than the 2010 guidance of $3.85 to $3.95.
The Minnetonka, Minnesota-based insurer, however, has come out with revenue guidance in the range of $99 − $100 billion for fiscal 2011, higher than expected revenues of $94 billion for fiscal 2010.
Though the second largest insurer (on the basis of sales) has scaled up its … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Markets – Mean Reversion Continues

Posted: 30 Nov 2010 05:58 AM PST

I have argued on a number of occasions recently that I thought stock markets were in a corrective phase, expecting the process to continue to mean revert (at least partially) to the key moving averages.
The tables below indicate how the correction is coming along, with the top table showing mature markets and the bottom one emerging markets. The key numbers to focus on are the columns titled "STDEV from 50 Day" and "STDEV from 200 Day". The figures show how many standard deviations … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Restaurant Performance Index Reaches 3-Year High

Posted: 30 Nov 2010 05:56 AM PST

The National Restaurant Association (NRA) reported today that its Restaurant Performance Index reached a three-year high of 100.7 in October, the highest level since September 2007 (see chart above).  Restaurant sales set a new monthly industry record in October, with sales above last October by more than 4%, and year-to-date restaurant sales above last year by 2.6%.  There were 24,000 new restaurant industry jobs added in October, bringing the total number of new jobs added this … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURJPY Falls To 2 1/2 Month Lows

Posted: 30 Nov 2010 05:55 AM PST

Investimonials – Review Investment Postcards

Posted: 30 Nov 2010 05:52 AM PST

I received the following e-mail from a reader of Investment Postcards a few days ago:
"You have to know that I truly enjoy using your blog. It's very useful and a really effective tool for everyone! Actually, I found it through Investimonials, which was launched recently and which, despite its young age, is already the largest collection of financial reviews anywhere. Your blog has a few reviews, but I think it must be rated higher and take a leading position among its competitors. So it … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hayek Vs. Keynes: The Sequel

Posted: 30 Nov 2010 05:47 AM PST

An audience of financial managers and CEOs, politicians, central bankers and Nobel prize winning economists at The Economist Magazine's recent Buttonwood Gathering were treated to an unusual experience: a live rap battle between John Maynard Keynes and F.A. Hayek. (In case you missed the first Keynes/Hayek video, "Fear the Boom and Bust", click … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Technical Talk: S&P 500 In Critical Area

Posted: 30 Nov 2010 05:45 AM PST

As seen in the chart below, the S&P 500 Index (1,187) has been flirting with its 50-day moving average (1,177) over the past few days. The two-week consolidation holds the key to the market's next move. "The 1,175 level is a critical area for the Index as it will either gain support here and work higher or it will break the 50-day line and the recent corrective wave of the last few weeks will continue to play out. At this point we would have a solid risk management plan in place (i.e. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


This posting includes an audio/video/photo media file: Download Now

Bogle, Cohen And Doll On The Markets

Posted: 30 Nov 2010 05:36 AM PST

Discussing geopolitical risks and the dollar, with John Bogle, Vanguard founder, Abby Joseph Cohen, Global Markets Institute, and Robert Doll, Blackrock.

How does one ride the markets during a lame duck Congress? Bogle, Cohen and Doll offer more wisdom in the video clip … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Shutterfly Upgraded To Outperform

Posted: 30 Nov 2010 05:31 AM PST

We recently upgraded our rating on Shutterfly Inc. (NASDAQ:SFLY), a leading provider of Internet-based social expression and personal publishing service, from Neutral to Outperform. The rating was upgraded on a host of factors including better-than-expected third quarter results, seasonality of demand, WMSG acquisition, strategic partnerships and continued margin expansion.
In the third quarter, Shutterfly reported adjusted loss of 8 cents per share, which narrowed from a loss of 11 cents in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


PPL Saves 26,000 MWh Of Power

Posted: 30 Nov 2010 05:31 AM PST

PPL Electric Utilities, a subsidiary of PPL Corporation (NYSE:PPL), announced substantial power savings in the first year of its E-power appliance recycling program.
PPL Electric Utilities estimates that its customers saved roughly 26,000 megawatt-hours (MWh) of energy in the past year by recycling more than 15,000 older, energy-wasting refrigerators, freezers and room air conditioners. The energy saved under the program is sufficient to power nearly 2,600 homes for a year.
The company had … [visit site to read more] or compare Best Credit Cards and Best CD Rates


European Default Risk Escalates

Posted: 30 Nov 2010 05:29 AM PST

Sovereign debt worries in Europe continue to trouble financial markets. The charts below, courtesy of Bespoke Investment Group, show the default risk as measured by 5-year CDS (credit default swap) prices for Spain, Ireland, France, and Germany.
Bespoke said: "Ireland currently has the biggest problems and the highest default risk. After pulling back some last week, the Ireland CDS has moved back to its previous highs. Spain, with its size, is worrying people the most, and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ETP To Perform In Line

Posted: 30 Nov 2010 05:26 AM PST

We are maintaining our Neutral recommendation on Energy Transfer Partners L.P. (ETP )  with a price target of $54.
Energy Transfer Partners is one of the largest publicly-traded master limited partnerships ("MLPs") with a broadly diversified asset base that includes intrastate and interstate pipelines, significant midstream and storage properties, as well as retail propane operations. Its strategicallypositioned asset portfolio maintains a strong presence in the emerging North … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EU Was A Mistake From The Beginning, Says Charles Nenner

Posted: 30 Nov 2010 05:25 AM PST

The Euro is coming down against the dollar "based on the fact that the economy in the U.S. is much stronger than in Europe," Charles Nenner of Charles Nenner Research told … [visit site to read more] or compare Best Credit Cards and Best CD Rates


World Map – Rearranged By Population

Posted: 30 Nov 2010 05:14 AM PST

"What if the world were rearranged so that the inhabitants of the country with the largest population would move to the country with the largest area? And the second-largest population would migrate to the second-largest country, and so on?" asks Frank Jacobs on the big think blog.
As shown below, the result is a "disconcerting, disorienting map" with the "differences in population density between countries less extreme than they are today".
Click here for a larger … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Laugh Out Loud: European Bailout Tours

Posted: 30 Nov 2010 05:06 AM PST

South Africa’s Growth To Escalate Slowly

Posted: 30 Nov 2010 05:05 AM PST

By Cees Bruggemans, Chief Economist of FNB.
Quarterly annualised, our GDP growth is set to normalize while happily preparing for the kick in the pants that is Christmas, even when seasonally adjusted.
For the recovery is gradually gaining strength.
It is great to do without strikes for a while (but for how long?). Now, if they only could fix ALL urban traffic lights and end the urban snarl, our bliss would be complete and our productivity so much higher.
Still, I expect 4Q2010 to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Rising FNB/BER Building Confidence Index In 4Q2010

Posted: 30 Nov 2010 05:03 AM PST

By Cees Bruggemans, Chief Economist of FNB.
Building contractors continued to face difficult conditions during 4Q2010. However, the increase in the FNB/BER building confidence index signals early stirrings in parts of the building industry, with a possible broader recovery in building activity from later in 2011 onwards.
——————————————-
The FNB/BER building confidence index increased from 29 during the 3Q2010 to 38 during the 4Q2010. The index could vary between zero … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stocks To Watch On Tuesday: BP, Shell, Total, British Airways

Posted: 30 Nov 2010 05:03 AM PST

BP (NYSE:BP) – Co. will provide the first USD 2.5bln of expenditure related to the development of oil sands in North Alberta, according to sources. (FT)

UK

Shell (RDS-A) (RDS-B) /Total (NYSE:TOT) – Co.s are in talk with Qatar's energy minister regarding petrochemical projects. (Sources)

British Airways (BAY) – Co.'s cabin crew union is holding a vote on fresh strikes, with balloting expected to be completed by early January. (Sources)

Scottish and Southern/ GDF … [visit site to read more] or compare Best Credit Cards and Best CD Rates


The Shiller Revolution, Postponed

Posted: 30 Nov 2010 04:55 AM PST

by Rob Bennett
Columbia University Professor Rahiv Sethie once said something about me that I believe perfectly sums up the work I have done in the investing field over the past eight years. He said: "Rob Bennett makes the claim that market timing based on aggregate P/E ratios can be a far more effective strategy than passive investing over long horizons (ten years or more). I am not in a position to evaluate this claim empirically but it is consistent with Shiller's analysis and I can … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Turning One – PIMCO Intermediate Municipal Bond Strategy Fund (MUNI)

Posted: 30 Nov 2010 04:00 AM PST

PIMCO's Intermediate Municipal Bond Strategy Fund (MUNI: 51.18 0.00%) turns one today, having been launched on November 30th, 2009 a year ago. MUNI has been one of two actively-managed ETFs that hone in on the intermediate muni bond market, with the other fund being the Grail McDonnell Intermediate Municipal Bond Fund (GMMB: 50.3199 0.00%). MUNI has been a lot more successful than its competition from Grail Advisors and it has gathered close to $50 million in assets. That makes it the 2nd … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Which U.S. Bank Will Wikileaks Expose?

Posted: 30 Nov 2010 03:28 AM PST

Truth, transparency, and integrity.
If I had a nickel for each and every time I wrote those prized virtues here at Sense on Cents, I would have a lot of nickels. I not only espouse these virtues in my writing. I strongly believe that the pursuit of these virtues is the foundation for real economic success if not life itself.
While each of these virtues may be defined differently depending on one's perspective, in terms of transparency, most people would be able to say, "well, I'd know it … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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