Saturday, November 20, 2010

DailyMarkets.com - What Long-Term Stock Market Charts Say About Gold, Silver & Mining Stocks

DailyMarkets.com - What Long-Term Stock Market Charts Say About Gold, Silver & Mining Stocks


What Long-Term Stock Market Charts Say About Gold, Silver & Mining Stocks

Posted: 20 Nov 2010 03:38 AM PST

It's no secret that the U.S. is borrowing too much, that China manipulates its currency and that Europe's fiscal troubles are growing at the same time that "the luck of the Irish" is running out. There does not seem to be any international political will to cooperate to rectify any of these imbalances.

The G-20 meeting in Seoul, South Korea, achieved nothing to improve global imbalances and end the currency conflicts.

Not that we had great hopes.

Is it any wonder that … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Monetary Policy Review For The Week Ended 20 November, 2010

Posted: 20 Nov 2010 12:31 AM PST

Over the past week the central banks of Colombia, Philippines, South Africa, Chile, Sri Lanka, Rwanda, and South Korea all announced monetary policy decisions. The main standouts were interest rate increases by Chile +25bps, and Korea +25bps, as rising activity levels and inflation risks played through. While the central banks of South Africa -50bps, and Rwanda -100bps both loosened policy settings in order to support the economic recovery and spur lending.

So the trend of growing … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Picks For Monday: Marvell Technology, NetApp, THQ, Eastman Kodak, Crocs, Canadian Solar, OceanFreight, A123 Systems, Hemispherx BioPharma

Posted: 19 Nov 2010 09:49 PM PST

( click to enlarge )
Spectacular action from Marvell Technology Group Ltd. (NASDAQ:MRVL) shares, after the earnings report was released. The technical chart gives a clearer picture. Big bullish candle on very good volumes indicating buying. The last two weeks fall has formed a bullish flag and Friday’s candle has given a breakout from this flag. This is very bullish and the stock is expected to resume the uptrend. A cross of $21 level is desired to get confirmation.

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


The Week Ahead

Posted: 19 Nov 2010 09:00 PM PST

11/20/10 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Little Evidence Of A Light At The End Of The Tunnel

Posted: 19 Nov 2010 05:35 PM PST

In yesterday’s post, “Shaking My Head in Disbelief,” I questioned why so many people were still talking about “the recession” when it supposedly ended almost a year-and-a-half ago. Of course, I was being facetious — anybody who’s been paying attention knows that the idea the U.S. is recovering is just that — an idea, conjured up in the minds of giddy Wall Street traders and ivory tower economists. Perhaps no segment of the economy is more aware of the true state of affairs than the small … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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