Sunday, November 14, 2010

DailyMarkets.com - Stock Market’s Outlook: Bias Remains Upside, But Fear Is Coming Back

DailyMarkets.com - Stock Market’s Outlook: Bias Remains Upside, But Fear Is Coming Back

Stock Market’s Outlook: Bias Remains Upside, But Fear Is Coming Back

Posted: 14 Nov 2010 09:45 AM PST

What a difference a week can make in the broad markets. Just last week investors were celebrating all the good news from the Fed, jobs and the election. This week we are worried about China and sold commodities. Throw is concerns over the economy stimulated by Cisco's (NASDAQ:CSCO) comments in their earnings announcement. The worry added up to the S&P 500 dropping 26 points or 2.3% for the week. Not a huge decline, but enough to get investors attention. In fact, this is the first 2% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: November 15-19

Posted: 14 Nov 2010 07:29 AM PST

Forex Pros – Last week saw the euro rebound from a six-week low against the U.S. dollar on Friday, after euro zone finance ministers issued a joint statement saying government bonds issued before mid-2013 would be unaffected by changes to the EU’s bailout program.

EUR/USD hit 1.3573 on Friday, the pair's lowest since September 30; the pair subsequently consolidated at 1.3691 by close of trade, plunging 2.79% over the week.

The pair was likely to find support at 1.3380, the low of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Consuelo Mack Interview And Sunday Link-Fest

Posted: 14 Nov 2010 07:12 AM PST

Consuelo Mack Wealth Track

I have to apologize for so many links this week but there are just so many good stories that broke this past week I could not condense the list without removing some good quality articles and videos. Enjoy!
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America. New best seller by columnist Matt Taibbi (famous for his article last year attacking Goldman Sachs) The book was just released last week.

THE EARLY EVIDENCE: QE DOES MORE … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: November 15-19

Posted: 14 Nov 2010 07:04 AM PST

Forex Pros – Last week saw the pound close sharply lower against the U.S. dollar as escalating concerns about Ireland’s ability to repay its debt prompted a flight from risk into the safety of the dollar.

GBP/USD hit 0.7697 on Friday, the pair's lowest since November 2; the pair subsequently consolidated at 0.7730 by close of trade, plunging 2.60% over the week.

Cable is likely to find support at 0.7633, the low of November 2 and resistance at 0.7872, last Thursday's high.

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

Forex – USD/CAD Weekly Outlook: November 15-19

Posted: 14 Nov 2010 06:40 AM PST

Forex Pros – Last week saw the Canadian dollar retreat from a 7-month high against its U.S. counterpart to close sharply lower, as concerns that China will increase its benchmark interest rate dampened demand for growth-linked currencies.

USD/CAD hit 0.9977 on Thursday, the pair’s lowest since April 26; the pair subsequently consolidated at 1.0120 by close of trade on Friday, tumbling 1.14% over the week.

The pair is likely to find support at 0.9977, last Thursday' low, and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: November 15-19

Posted: 14 Nov 2010 06:30 AM PST

Forex Pros – Last week saw New Zealand's dollar close sharply lower against its U.S. counterpart, posting the biggest weekly decline since August as the risk rally which started when investors began preparing for more asset-buying by the Federal Reserve fizzled out.

NZD/USD hit 0.7697 on Friday, the pair's lowest since November 2; the pair subsequently consolidated at 0.7730 by close of trade, tumbling 2.59% over the week.

The pair is likely to find support at 0.7633, the low of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: November 15-19

Posted: 14 Nov 2010 05:12 AM PST

Forex Pros – Last week saw the Australian dollar post its largest weekly decline against its U.S. counterpart since August as renewed concerns over sovereign debt in peripheral euro zone nations hit growth linked currencies.

AUD/USD hit 0.9824 on Friday, the pair's lowest since November 1; the pair subsequently consolidated at 0.9845 by close of trade, plunging 3.02% over the week.

The pair is likely to find support at 0.9651, the low of October 27 and resistance at 1.0090, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Weekly Outlook: November 15-19

Posted: 14 Nov 2010 04:21 AM PST

Forex Pros – Last week saw the U.S. dollar close trading against the Swiss franc at 7-day high on Friday as the risk rally which started when investors began preparing for more asset-buying by the Federal Reserve came off the boil.

USD/CHF hit 0.9812 on Friday, the pair's highest since November 3; the pair subsequently consolidated at 0.9807 by close of trade, leaping 1.94% over the week.

The pair is likely to find support at 0.9670, last Thursday's low and resistance at 0.9931, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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