Sunday, November 28, 2010

DailyMarkets.com - Stock Market And ETF Outlook: “Risk On, Risk Off” Trade Continues

DailyMarkets.com - Stock Market And ETF Outlook: “Risk On, Risk Off” Trade Continues


Stock Market And ETF Outlook: “Risk On, Risk Off” Trade Continues

Posted: 28 Nov 2010 09:18 AM PST

I trust you had a Happy Thanksgiving and, as always, it was a bad week for turkeys as we partook in our national, traditional holiday feast.

However, while we celebrated our Thanksgiving with turkey and dressing and cranberries and our markets were closed or on shortened schedules, the "wolf pack" was feasting on the turkeys of Europe.

It was quite a week as trouble percolated across the world, first focused on Korea and then in Europe as the problems in the Eurozone's financial … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Sense On Cents Reflections: What Really Happened…?

Posted: 28 Nov 2010 08:10 AM PST

The financial and economic turmoil of the last three plus years has brought us stories and developments which are almost unfathomable. In fact, in my opinion there is no doubt that Wall Street and Washington would like to keep certain of these stories and developments buried forever. Will America ever learn where some of these bones are buried? Will America ever learn of these skeletons in the closet? Will the media charged with pursuing the truth dare continue to dig into these stories?
We are … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Weekly Outlook: November 29-December 3

Posted: 28 Nov 2010 07:55 AM PST

Forex Pros – Last week saw the U.S. dollar advance against the euro for the third straight week, rising to a 2-month high amid concerns that Ireland's debt problems would spread to affect other vulnerable euro zone nations, such as Portugal or Spain.

EUR/USD hit 1.5574 on Friday, the pair's lowest since September 21; the pair subsequently consolidated at 1.5589 by close of trade, plunging 2.43% over the week.

The pair is likely to find support at 1.5448, the low of September 15 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Weekly Outlook: November 29-December 3

Posted: 28 Nov 2010 07:31 AM PST

Forex Pros – Last week saw sterling fall to a 2-week low against the U.S. dollar amid concern about the U.K.’s exposure to euro zone debt as fears grew that Europe’s debt crisis could spread beyond Greece and Ireland.

GBP/USD hit 1.5574 on Friday, the pair's lowest since September 21; the pair subsequently consolidated at 1.5589 by close of trade, plunging 2.43% over the week.

Cable is likely to find support at 1.5502, the low of September 21 and resistance at 1.5793, last Thursday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


What’s Your Political News IQ?

Posted: 28 Nov 2010 07:20 AM PST

Take the latest Pew Research Center News … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CAD Weekly Outlook: November 29-December 3

Posted: 28 Nov 2010 07:18 AM PST

Forex Pros – Last week saw the Canadian dollar close lower against its U.S. counterpart for the third consecutive week, amid heightened risk aversion, as fears over euro zone sovereign debt contagion and escalating tensions on the Korean peninsula dampened demand for commodity-linked currencies.
 
USD/CAD hit 1.0263 on Tuesday, the pair’s highest since October 28; the pair subsequently consolidated at 1.0210 by close of trade on Friday, gaining 0.45% over the week.

The pair is likely to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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