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- What QE2 Means For Gold And Silver Prices
- The Two Latin American Markets To Buy Now
- Is Globalism A Good Thing For America?
- Dell Forges Ahead With Aggressive Multi-Billion Dollar Acquisition Plan
- Stocks To Watch On Wednesday: Research In Motion, JP Morgan, Goldman Sachs, Boeing, Prudential, Aetna, GlaxoSmithKline, Vodafone, Shell, Alcatel-Lucent, Nokia
- Forex – NZD/USD Hits Fresh Daily High After N.Z. Financial Report
- Forex – AUD/USD Hits Daily High After Aussie Home Loans Data
- European Stocks Broadly Lower On Earnings; DAX Down 0.46%
- Top 10 List Of Most And Least Corrupt Countries
- Forex – USD/JPY Hits Daily Low As Yen Strength Hurts Japan
- Forex – GBD/USD Edges Higher Ahead Of BoE Inflation Report
- Asia Stocks Mixed As Yen Declines; Nikkei Jumps 1.40%
- Australian Home Loan Approvals Rise Unexpectedly
- USD/CHF, EUR/USD, GBP/USD: Is The US Dollar Just Making Noise?
- Forex – EUR/USD Hits 3-week Low Ahead Of Portugal Debt Sale
- Blow-Off Top In Silver, Gold: Is This (Finally) The Start Of A Major Decline In Precious Metals?
- Growth & Income Stock: Kaman Corp
- Aggressive Growth Stock: Coinstar Inc.
- Momentum Stock: Ameriprise Financial, Inc.
- Bear Of The Day: Skechers U.S.A. (SKX)
- Bull Of The Day: Celgene Corp. (CELG)
- US Dollar Index Poised To Retest October Highs
- Crude Oil Struggles To Break Out Ahead Of Inventory Figures, Gold Finally Buckles As The Dollar Rallies For A Third Day
- Stock Trading Plan For Wednesday: BAC, GLD, GS, TBT, AKAM, FCEL
- Where The US Dollar And Stock Market Are Headed In The Short Term
- A Profitable Way To Trade Gold
- Forex – EUR/USD Up During The Asian Session
- Stock Charts Of The Day: CIT Group, Microchip Technology
- Buying Gold And Silver Aggressively – Too Late And Dangerous?
- Forex – EUR/JPY Up During The Asian Session
- Forex – GBP/USD Up During The Asian Session
- Forex – NZD/USD Down During The Asian Session
- Forex Trading: USD/CHF Against ST Trendline Resistance
- Regaining Our Bearings
- Forex – AUD/USD Down During The Asian Session
- Singapore Stock Market Update For Wednesday 10 November
- Beyond The Numbers
- Forex – EUR/JPY Down During The Asian Session
- PIMCO Files For Inflation-Linked Bond Active ETF
- Crude Retreats As Risk Softens But Metals Plummet On Surprise Margin Change
| What QE2 Means For Gold And Silver Prices Posted: 10 Nov 2010 03:41 AM PST Many investors are struggling to understand the ramifications of the recently announced quantitative easing (QE) plan. The bottom line is that QE2 has major future implications for inflation and the price of gold and silver. Just What is QE? QE, or more simply known as money printing, is a dilution transaction similar to issuing more shares for a stock. The dilution has two primary affects: a decrease in the value of the initial shares and a redistribution of wealth from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| The Two Latin American Markets To Buy Now Posted: 10 Nov 2010 03:40 AM PST Brazil’s election win by the Workers Party candidate Dilma Rousseff has cast a dark shadow over the investment prospects of that long-fashionable “BRIC” economy. And it has underscored an important lesson for investors: In Latin America, the political climate is really the No. 1 factor in determining where to invest for the long run. In short, when looking to invest in Latin America, let politics be your guide to profits. Different Rules This isn’t true in parts of the world … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Is Globalism A Good Thing For America? Posted: 10 Nov 2010 03:20 AM PST Although it received very little coverage in the mainstream media, Barack Obama made some comments about globalism during his speech in Mumbai, India that were very eye-opening. As he was discussing the new realities of world trade in 2010, Obama warned against “those who see globalization as a threat” and he spoke of the “integrated world” in which we all now live. But is merging the entire globe into a one world economy, a one world financial system and a one world labor market … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Dell Forges Ahead With Aggressive Multi-Billion Dollar Acquisition Plan Posted: 10 Nov 2010 03:19 AM PST After losing a bidding war for a highly-sought-after acquisition target, many companies would pull in their horns and take time to regroup before venturing back into the murky mergers and acquisitions (M&A) pool. But personal-computer icon Dell Inc. (NASDAQ:DELL), which lost out in a highly-publicized bidding war for 3Par Inc. (PAR), is forging ahead with an aggressive multi-billion dollar acquisition plan. Computer companies are increasingly relying on acquisitions to broaden … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 10 Nov 2010 02:59 AM PST Royal Dutch Shell (RDS-A) (RDS-B) – Co. and PetroChina have agreed to look at joint energy projects in China and Canada. (Sources) UK GlaxoSmithKline (NYSE:GSK) – Co. failed to warn about Paxil birth defect risk, and are facing second trial over anti-depressant in Philadelphia. Co. have paid more than USD 1bln to settle other defect cases. (RTRS) Vodafone (NYSE:VOD) – Co. may make a GBP 1.8bln offer for TalkTalk (Daily Mail) Standard Chartered – Co. plans to hire up to … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Hits Fresh Daily High After N.Z. Financial Report Posted: 10 Nov 2010 02:44 AM PST Forex Pros – New Zealand's dollar was up against its U.S. counterpart on Wednesday, rising to a fresh daily high after New Zealand's central bank governor said "very loose" monetary policy in the U.S. was hampering his country's economic recovery. NZD/USD hit 0.7850 during European morning trade, a daily high; the pair subsequently consolidated at 0.7820, gaining 0.59%. The pair was likely to find support at 0.7700, the low of November 3 and resistance at 0.7911, Tuesday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Hits Daily High After Aussie Home Loans Data Posted: 10 Nov 2010 02:00 AM PST Forex Pros – The Australian dollar was up against its U.S. counterpart on Wednesday, rising to a daily high after official data showed that Australian demand for mortgages rose even before last week’s interest rate increase. AUD/USD hit 1.0072 during European morning trade, the daily high; the pair subsequently consolidated at 1.0059, gaining 0.24%. The pair was likely to find support at 0.9891, the low of November 3 and resistance at 1.0182, the high of November 4 and an all-time … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Broadly Lower On Earnings; DAX Down 0.46% Posted: 10 Nov 2010 01:44 AM PST Forex Pros – European stocks were down on Wednesday, as disappointing corporate earnings reports weighed, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 fell 0.63%; France's CAC 40 declined 0.61%; while Germany’s DAX was down 0.46%. In earnings news, shares in French investment bank Natixis plunged 7.55% after it reported lower-than-expected third-quarter earnings. The bank said third-quarter net profit fell by 16% from … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Top 10 List Of Most And Least Corrupt Countries Posted: 10 Nov 2010 01:01 AM PST After recent reports that Afghan President Hamid Karzai and other government officials received bags of cash from Iran, it’s no surprise that Afghanistan would be near the top of a ranking published last week of the most corrupt countries in the world. The Corruption Perceptions Index from Transparency International, a nongovernmental organization based in Berlin and operating in 70 countries, ranked the Central Asian country second only to Somalia and tied with Myanmar for its … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Hits Daily Low As Yen Strength Hurts Japan Posted: 10 Nov 2010 12:57 AM PST Forex Pros – The U.S. dollar was down against the yen on Wednesday, easing down to hit a daily low after Japanese data showed that the strong yen is eroding business confidence. USD/JPY hit 81.55 during European morning trade, a daily low; the pair subsequently consolidated at 81.64, shedding 0.04%. The pair was likely to find support at 80.53, Tuesday's low and resistance at 82.55, the high of October 8. Earlier in the day, official data showed that consumer confidence in Japan fell for … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBD/USD Edges Higher Ahead Of BoE Inflation Report Posted: 10 Nov 2010 12:32 AM PST Forex Pros – The pound was up against the U.S. dollar on Wednesday, rising to a daily high ahead of the release of the Bank of England's quarterly inflation report. GBP/USD hit 1.6022 during early European trade, the daily high; the pair subsequently consolidated at 1.5999, gaining 0.09%. Cable was likely to find support at 1.5876, the low of October 29 and resistance at 1.6212, Monday's high. The BoE’s quarterly inflation report was due out later in the day. The press conference … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Mixed As Yen Declines; Nikkei Jumps 1.40% Posted: 09 Nov 2010 11:57 PM PST Forex Pros – Asian stocks were mixed on Wednesday, as shares in the financial sector led markets higher, while Japanese exporters gained as the yen weakened against the U.S. dollar. During late Asian trade, Hong Kong’s Hang Seng Index was down 0.48%, South Korea’s Kospi Composite gained 1.05%, while Japan's Nikkei 225 Index jumped 1.40%. In Japan, shares in the financial sector led gains following a report that said most major Asian banks will be exempt from stricter global banking … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Australian Home Loan Approvals Rise Unexpectedly Posted: 09 Nov 2010 11:55 PM PST Forex Pros – The number of Australian new home loan approvals rose unexpectedly in September, official data showed on Wednesday. In a report the Australian Bureau of Statistics said the number of home loans granted rose by a seasonally adjusted 1.3% in September, after rising by 1.1% in August, whose figure was revised up from 1.0%. Analysts had expected the number of home loans granted to rise by 1.0% in September. The report said that the total value of loans increased by 0.6% to AUD … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| USD/CHF, EUR/USD, GBP/USD: Is The US Dollar Just Making Noise? Posted: 09 Nov 2010 11:45 PM PST We have already started seeing some strength in the USD especially against the Euro. Towards the end of the US session, the US Dollar started to rally across the board. Aside from the slide by the EUR to USD, we also see declines in the AUD/USD and GBP/USD. We are also witnessing rallies in the USD/JPY, USD/CAD, and USD/CHF. Is this just noise? AUD/USD, GBP/USD, EUR/USD AUD/USD has pushed to record highs this November. A decline in the latter part of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Hits 3-week Low Ahead Of Portugal Debt Sale Posted: 09 Nov 2010 11:40 PM PST Forex Pros – The euro was down against the U.S. dollar on Wednesday, falling to hit a 3-week low ahead of a Portuguese bond auction, which would be a critical test of investor confidence in the euro zone. EUR/USD hit 1.3736 in late Asian trade, the pair's lowest since October 20, the pair subsequently consolidated at 1.3768, shedding 0.03%. The pair was likely to find support at 1.3697, the low of October 20 and resistance at 1.3973, Tuesday's high. Portugal’s debt auction was to be … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Blow-Off Top In Silver, Gold: Is This (Finally) The Start Of A Major Decline In Precious Metals? Posted: 09 Nov 2010 11:10 PM PST This is going to be a quick post. Silver is in a blow-off top stage, as mentioned in my previous post, and in commodities these are generally spectacular, immensely participated in, and that the subsequent crash is usually at least as breath-taking as the run-up preceding it. SPDR Gold Shares (GLD), Silver, and the HUI all had daily reversal bars today – quite a feat considering all 3 popped to significantly higher record highs right off the open. Silver was an interesting … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Growth & Income Stock: Kaman Corp Posted: 09 Nov 2010 11:05 PM PST Kaman Corp (NASDAQ:KAMN) has been surging lately.
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| Aggressive Growth Stock: Coinstar Inc. Posted: 09 Nov 2010 11:05 PM PST Coinstar, Inc (NASDAQ:CSTR) is coming off of its seventh consecutive earnings surprise, which sent shares to all-time highs.
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| Momentum Stock: Ameriprise Financial, Inc. Posted: 09 Nov 2010 11:05 PM PST Ameriprise Financial, Inc. (NYSE:AMP) just hit a new multi-year high at $55.06 after reporting an awesome Q3 earnings surprise of 28% in late October. Estimates have since jumped higher, with the next-year estimate projecting 17% growth, providing some very nice upward momentum for this Zacks #1 rank stock.
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| Bear Of The Day: Skechers U.S.A. (SKX) Posted: 09 Nov 2010 11:05 PM PST Skechers USA’s (NYSE:SKX) third-quarter 2010 results missed the Zacks expectations for top and bottom lines, reflecting sluggish sales trends and order cancellations. Consequently, total inventories increased 70.3% to $326.7 million over the prior-year quarter.
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| Bull Of The Day: Celgene Corp. (CELG) Posted: 09 Nov 2010 11:05 PM PST Celgene Corporation’s (NASDAQ:CELG) third quarter 2010 earnings of $0.65 per share was above the Zacks Consensus Estimate by $0.01 and the year-ago earnings by $0.17. The impressive showing was primarily due to strong sales of Celgene’s cancer products, Revlimid and Vidaza.
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| US Dollar Index Poised To Retest October Highs Posted: 09 Nov 2010 11:03 PM PST The US Dollar Index (DXY) recovered from selling pressure earlier in the day to close above the 20-day moving average for the first time in nearly two weeks. Since completing impulsive weakness last week, dollar bulls look poised to retest the late October highs above the 78 handle. Additional strength would expose the 50-day moving average, given bullish diverging daily studies. The Japanese Yen was the weakest component of the day. The USD/JPY broke-out in late trade once the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Nov 2010 10:51 PM PST Commodities – Energy
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| Stock Trading Plan For Wednesday: BAC, GLD, GS, TBT, AKAM, FCEL Posted: 09 Nov 2010 10:39 PM PST We have been warning our members to be careful buying at these nosebleed levels and today those who got greedy and chased after the winning stocks, got beat. Most sectors ended in the red and the commodity driven areas were especially off big on Tuesday. As the Dollar bounces here, profit takers should continue to bludgeon the overextended commodity related issues but with so many extended charts we could see continued selling across the board. In fact on Tuesday Treasuries fell, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Where The US Dollar And Stock Market Are Headed In The Short Term Posted: 09 Nov 2010 10:20 PM PST With the market performance being so closely linked to the dollar and given the intraday reversals in metals and mining stocks Tuesday, I thought it would be interesting to have a look at the dollar. The dollar bounced off long term support (see the weekly chart in the end) on Friday and has moved up nicely since then. This move is coming off a positive MACD divergence. MA(50) has acted as resistance in the recent past and another test of it looks to be on the cards. It currently … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| A Profitable Way To Trade Gold Posted: 09 Nov 2010 10:03 PM PST Most market participants are aware that precious metals have been on fire rocketing higher only to consolidate briefly, gap higher, and leave slowly reacting traders in the dust. The parabolic moves in gold and silver have many potential connotations, but great traders respect price action as the final arbiter and adapt. Since the financial crisis began, many traders have evolved into reactionary lemmings. For nearly two years we have been conditioned by the Federal Reserve, the SEC, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The Asian Session Posted: 09 Nov 2010 10:00 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3776, up 0.02% at time of writing. The pair was likely to find support at 1.3736, today's low, and resistance at 1.4230, Friday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8608 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Charts Of The Day: CIT Group, Microchip Technology Posted: 09 Nov 2010 09:49 PM PST I know its supposed to be Chart of the Day but let’s make it Chart(s) of the Day just for today as there are two setups I really like heading into Wednesday. The first one is CIT Group (NYSE:CIT). Down days are helpful in finding stocks that performed well inspite of the trend of the overall markets. The fact that is a financial stock makes its performance Tuesday even more impressive. The stock has been consolidating nicely since a big move up on its earnings. Notice the bullish volume … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Buying Gold And Silver Aggressively – Too Late And Dangerous? Posted: 09 Nov 2010 09:40 PM PST After trading through both bull and bear markets and witnessing hysteria and panic, I've learned that whatever method you use to buy stocks, you must have a discipline to sell. When I buy, I look for support levels and oversold conditions so that a reversal could bring about a major gain and the downside risk is calculated. As I wrote in my buy signal in gold in late July, the conditions were ideal for a major move to the upside. Now the conditions are reaching the extreme opposite, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/JPY Up During The Asian Session Posted: 09 Nov 2010 09:15 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Wednesday. EUR/JPY was trading at 112.54, up 0.03% at time of writing. The pair was likely to find support at 111.72, Tuesday's low, and resistance at 115.04, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.11% to hit 1.3758 and EUR/GBP falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Up During The Asian Session Posted: 09 Nov 2010 08:45 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5998, up 0.08% at time of writing. The pair was likely to find support at 1.5954, Tuesday's low, and resistance at 1.6280, Friday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8603 and GBP/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Down During The Asian Session Posted: 09 Nov 2010 07:45 PM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday. NZD/USD was trading at 0.7762, down 0.17% at time of writing. The pair was likely to find support at 0.7738, Tuesday's low, and resistance at 0.7974, Friday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.09% to hit 1.2916 and EUR/NZD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: USD/CHF Against ST Trendline Resistance Posted: 09 Nov 2010 07:36 PM PST As the USD has regained its bid against the Euro starting last week, the effect has been more muted against the Swissy as it remains an alternate safe haven to the USD and its natural demand remains against the Euro. The appreciation in USD/CHF has been contained by the trendline resistance below on a technical basis over the last few sessions. A break above could lead the pair to test the 200hr moving average currently above the .9735 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Nov 2010 07:19 PM PST Ever since it launched at 5:00 on June 21, 2006 with Dylan Ratigan as moderator, CNBC’s Fast Money, the show with some real Wall Street traders used to be my favorite segment on the network. I always liked the fast talk, the quick wit and the wealth of information that the panel always seemed to have at their finger tips. But like most of the entertainment on CNBC, either they have gone down hill or I’ve just outgrown them.
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| Forex – AUD/USD Down During The Asian Session Posted: 09 Nov 2010 07:00 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0022, down 0.13% at time of writing. The pair was likely to find support at 1.0001, Tuesday's low, and resistance at 1.0183, Friday's high. Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.04% to hit 1.3720 and AUD/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Singapore Stock Market Update For Wednesday 10 November Posted: 09 Nov 2010 06:16 PM PST Morning Highlights Singapore stocks opened mixed on Wall Street losses. with STI down 4.38 points to open at 3309.23. China Oct Trade Balance U.S Sept Trade Balance Corporate Announcements Wilmar reported a 60.3% year-on-year decline in 3Q10 net profit to US$259.5 million. Biosensors reported a 31.6% year-on-year increase in 2Q11 net profit to $8.5 million. Noble reported a 19.2%% year-on-year increase in 3Q10 net profit to US$157.6 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Nov 2010 06:14 PM PST Many business and finance sites place a great deal of weight on statistics, trends, and other hard data. So do I. But that doesn’t mean I don’t take other kinds of information into account.
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| Forex – EUR/JPY Down During The Asian Session Posted: 09 Nov 2010 06:00 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Wednesday. EUR/JPY was trading at 112.45, down 0.05% at time of writing. The pair was likely to find support at 111.72, Tuesday's low, and resistance at 115.04, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.02% to hit 1.3776 and EUR/GBP falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PIMCO Files For Inflation-Linked Bond Active ETF Posted: 09 Nov 2010 05:37 PM PST On November 9th, PIMCO filed a preliminary prospectus with the SEC for an actively-managed ETF called the PIMCO Global Advantage Inflation-Linked Bond Strategy Fund. PIMCO currently has 4 actively-managed ETFs on the market, all of which are bond ETFs. After WisdomTree Investments, PIMCO has been the most successful in the Active ETF space, with total assets amongst those 4 Active ETFs in excess of $500 million at the end of October.
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| Crude Retreats As Risk Softens But Metals Plummet On Surprise Margin Change Posted: 09 Nov 2010 04:16 PM PST North American Commodity Update
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