Monday, November 22, 2010

DailyMarkets.com - Why Precious Metals, Energy & Agriculture Are The Most Investor-Friendly Sectors

DailyMarkets.com - Why Precious Metals, Energy & Agriculture Are The Most Investor-Friendly Sectors


Why Precious Metals, Energy & Agriculture Are The Most Investor-Friendly Sectors

Posted: 22 Nov 2010 11:45 AM PST

An understanding of the current economic realities and trends suggest that investing in natural resources (i.e. energy, agriculture and minerals – and especially gold and/or silver) - is virtually guaranteed to be the most investor-friendly sector.

Below we outline the economic storm we are about to experience, how best to prepare to withstand the expected hurricane winds, high seas and torrential downpours and which safe haven investment alternatives to invest in to ride out … [visit site to read more] or compare Best Credit Cards and Best CD Rates


But Honey, It’s A Trump!

Posted: 22 Nov 2010 11:35 AM PST

If you've ever been to Hollywood, Florida (half an hour north of Miami Beach), you'd think it was a dump (at least, that's what my wife says). The town sits on five to six miles of Atlantic Ocean beach, riddled with old motels, old condominiums, and just about every else old.

A few developers have tried to build tall, skyscraper-type full-service condominiums on the beach in Hollywood and Hallandale (the first town south), I assume because the land is cheaper than rare beach … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Marriott Expands In Brazil

Posted: 22 Nov 2010 11:35 AM PST

Marriott International Inc. (NYSE:MAR), the largest U.S. hotel chain plans to expand its portfolio in Brazil to 54 hotels. Marriott currently manages 4 hotels in Brazil, with one hotel in Rio de Janeiro and three properties in Sao Paulo.
The Bethesda, Maryland-based Marriott plans to develop 50 Fairfield hotels throughout Brazil in partnership with PDG realty, which has become Brazil's largest real estate company after merging with Agre in May 2010. PDG realty is based in Rio de Janeiro and Agre … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down During The U.S. Session

Posted: 22 Nov 2010 11:15 AM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Monday.

EUR/USD was trading at 1.3601, down 0.53% at time of writing.

The pair was likely to find support at 1.3461, Wednesday's low, and resistance at 1.3786, today's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8534 and EUR/JPY falling 0.77% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Call Options Popular At Macy’s Ahead Of Black Friday

Posted: 22 Nov 2010 11:12 AM PST

Macy's, Inc. (NYSE:M) – The holiday shopping season is heating up and options traders are placing bullish bets on department store operator, Macy's Inc., by picking up out-of-the-money call options expiring in December. Shares of the second-largest U.S. department store chain are up 2.40% at $25.68 as of 11:55 am in New York just days before Black Friday when all Macy's stores will open their doors at 4:00 am to attract bargain-hungry consumers on the most important shopping day of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Positive Data On Merck’s Vytorin

Posted: 22 Nov 2010 11:05 AM PST

Merck & Co. Inc. (NYSE:MRK) recently reported positive results from the SHARP (Study of Heart and Renal Protection) study on its cholesterol-lowering drug Vytorin. Vytorin 10/20 mg met the primary endpoint of achieving a statistically significant (16.1%) reduction in the incidence of major vascular events like stroke and heart attack compared to placebo.
The study was conducted with more than 9,000 patients suffering from advanced or end-stage chronic kidney disease (CKD). Following the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Scorecard: Wendy’s/Arby’s

Posted: 22 Nov 2010 11:05 AM PST

On November 12,  Wendy’s/Arby’s Group Inc. (NYSE:WEN) reported third quarter fiscal 2010 earnings of approximately zero cent per share, which lagged the Zacks Consensus Estimate of 4 cents and the year-earlier quarter's earnings of 3 cents.
Given below is our report on the recent earnings announcement as well as subsequent analyst estimate revisions over short and long-term periods.
Earnings Report Flashback
Total revenue in the third quarter tumbled 4.7% year over year to $861.2 million. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: USDJPY Tests 100 Hour MA. Will It Break Lower?

Posted: 22 Nov 2010 10:53 AM PST

Forex Trading: EURJPY Looking More Bearish Below The 100 Hour MA

Posted: 22 Nov 2010 10:42 AM PST

“It Will Be A Week Based On The Fed: Indicators, Reports, Auction”

Posted: 22 Nov 2010 10:37 AM PST

11/22/10 Sunrise Securities’ Ben WIllis weighs in on Ireland’s bailout, and this week’s key … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Tests 61.8% Now In The Step By Step Process

Posted: 22 Nov 2010 10:36 AM PST

Forex – AUD/USD Down During The U.S. Session

Posted: 22 Nov 2010 10:35 AM PST

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.

AUD/USD was trading at 0.9842, down 0.23% at time of writing.

The pair was likely to find support at 0.9727, Wednesday's low, and resistance at 0.9954, today's high.

Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.38% to hit 1.3808 and AUD/JPY falling 0.34% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Money Markets Mixed On Ireland Debt Issues

Posted: 22 Nov 2010 05:34 AM PST

11/22/10 An early rise for the euro on Ireland’s bailout announcement was soon reversed following Moody’s stating that a “multi-notch” downgrade of Ireland is likely to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bio-Path (BPTH) Unique Drug Delivery Technology With Great Potential

Posted: 22 Nov 2010 10:32 AM PST

Grant Zeng, CFA

Bio-Path Holdings, Inc. ( BPTH )is a development stage biotech company. The Company was founded with technology from The University of Texas, MD Anderson Cancer Center dedicated to developing novel cancer drugs under an exclusive license arrangement. Since its inception, the Company has acquired three exclusive licenses from MD Anderson Cancer Center for three lead products and related nucleic acid drug delivery technology, including tumor targeting technology.
 
The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bio-Path (BPTH) Unique Drug Delivery Technology With Great Potential

Posted: 22 Nov 2010 10:32 AM PST

Grant Zeng, CFA

Bio-Path Holdings, Inc. ( BPTH )is a development stage biotech company. The Company was founded with technology from The University of Texas, MD Anderson Cancer Center dedicated to developing novel cancer drugs under an exclusive license arrangement. Since its inception, the Company has acquired three exclusive licenses from MD Anderson Cancer Center for three lead products and related nucleic acid drug delivery technology, including tumor targeting technology.
 
The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hibbett Beats On Double-Digit Comps

Posted: 22 Nov 2010 10:31 AM PST

Hibbett Sports Inc. (NASDAQ:HIBB) reported fiscal third-quarter 2011 earnings of 44 cents, handily beating the Zacks Consensus Estimate of 16 cents. Earnings increased 45% from 30 cents reported in the prior-year quarter. Net income at $12.6 million increased from $8.8 million in fiscal third-quarter 2010.
Net sales in the quarter were $167.4 million, up 14.8% from $145.9 million in fiscal third-quarter 2010. Comparable store sales increased 12.5%. The company recorded its third straight … [visit site to read more] or compare Best Credit Cards and Best CD Rates


ZOLL Reaffirmed At Neutral

Posted: 22 Nov 2010 10:31 AM PST

We reiterate our Neutral recommendation on Resuscitation devices maker ZOLL Medical (NASDAQ:ZOLL) following its mixed fourth-quarter fiscal 2010 results. Earnings for both fourth quarter and full-year fiscal 2010 beat the Zacks Consensus Estimates driven by strong contributions from the company's LifeVest wearable defibrillator business. Revenues for the quarter and fiscal 2010 grew 12% and 15%, respectively, but both missed the Zacks Consensus Estimates.
ZOLL Medical's North American hospital … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Positive Data On ABT’s Kidney Drug

Posted: 22 Nov 2010 10:31 AM PST

Abbott Labs (NYSE:ABT) and partner Reata Pharmaceuticals recently announced positive data on their chronic kidney disease candidate, bardoxolone methyl, at the American Society of Nephrology. Results from a phase IIb study indicated that treatment with bardoxolone methyl could result in a reduction in the severity of the disease and an improvement in the estimated glomerular filtration rate (eGFR) and other measures of kidney function.
Results showed that about 60% of chronic kidney disease … [visit site to read more] or compare Best Credit Cards and Best CD Rates


National-Oilwell Varco Ups Dividend

Posted: 22 Nov 2010 10:31 AM PST

Oilfield services company National-Oilwell Varco (NYSE:NOV)  raised its quarterly cash dividend to 11 cents per share (44 cents per share annualized), representing an increase of approximately 10.0%. The new distribution is payable on December 17 to shareholders of record as on December 3, 2010.
National-Oilwell Varco, which recently reported better-than-expected third-quarter results, has bolstered its long-term earnings and cash flow visibility on the back of the company's strong backlog, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


School Specialty Misses

Posted: 22 Nov 2010 10:31 AM PST

School Specialty Inc. (NASDAQ:SCHS) recently posted second-quarter 2011 results. The quarterly earnings of 96 cents a share missed the Zacks Consensus Estimate of $1.23, and tumbled 38.9% from $1.57 earned in the prior-year quarter.
Revenue Still Falling, Margins under Pressure
Greenville, Wisconsin-based company's total revenue plunged 15.7% to $291.9 million from the year-ago quarter, and also fell short of the Zacks Consensus Revenue Estimate of $293 million. Excluding prior-year quarter's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


POSCO Joins Forces With Mechel

Posted: 22 Nov 2010 10:31 AM PST

Korean steel producer POSCO (NYSE:PKX), according to a recently signed memorandum of agreement with Russian steel maker Mechel, will invest for development of resources in Siberia and distribution routes in the Far East.
Prime areas of focus will be resource exploitation and joint investments, modernization of port and infrastructure construction, review of construction of a steel mill to produce semi products in mid/long-term, and promotion of products.
Terms of the agreement require POSCO to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Cellular Upgraded

Posted: 22 Nov 2010 10:31 AM PST

We are upgrading our recommendation on U.S. Cellular (NYSE:USM) to Neutral from Underperform. Although the largest wireless Chicago-based carrier missed the Zacks Consensus Estimate in the recently concluded third quarter, the increased penetration of smartphones led to earnings growth from the year-ago level. Currently, the stock has a Zacks #3 Rank (Hold).
The company's third quarter earnings missed the Zacks Consensus Estimate by a penny and reported a 7% year-over-year increase. On the other … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – NZD/USD Down During The U.S. Session

Posted: 22 Nov 2010 10:00 AM PST

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.

NZD/USD was trading at 0.7706, down 1.07% at time of writing.

The pair was likely to find support at 0.7632, Wednesday's low, and resistance at 0.7836, today's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.74% to hit 1.2761 and EUR/NZD rising 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


European Markets Close Lower; Dax Down 0.31%

Posted: 22 Nov 2010 09:55 AM PST

Forex Pros – European stocks were down after the closing bell on Monday.

At the close of European trade, Germany's DAX fell 0.31%, London's FTSE 100 shed 0.91%, France's CAC 40 declined 1.07% and the EURO STOXX 50 was down 1.21%.

Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 1.18%; the S&P 500 index shed 1.11%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Watchlist For Monday: Research In Motion, Home Depot, Netflix, Lowe’s, Fronteer Gold, AngloGold Ashanti, Agnico-Eagle Mines, Harmony Gold Mining

Posted: 22 Nov 2010 09:37 AM PST

Here is a partial list of stocks I will be watching this week. There has been very strong action in the coal and uranium sectors, and also retail. Generally, I will be keeping an eye on commodities. I expect gold and silver will resume their bullish trends after last week’s correction. Also, many of the charts I posted last Thursday still look good this week.

- Rovi (ROVI)

- Cree (NASDAQ:CREE)

- Alliance Resource Partners (NASDAQ:ARLP)

- Allegheny Technologies (NYSE:ATI)

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


“It’s All About Ireland”

Posted: 22 Nov 2010 09:33 AM PST

11/22/10 Floor trader Alan Valdes shares his thoughts behind the recent market volatility while also describing the impact Ireland’s debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stretch Your Pennies With This Retail Stock

Posted: 22 Nov 2010 09:24 AM PST

There is no doubt that consumers hurt by the recession want to stretch their dollars. And when it comes to investing in small-cap companies, being a frugal shopper is even more important.

That's because it's possible to pay too much for even the best growth stock. In order to make the most of your investment, you need to buy at bargain basement prices.

Finding surplus value is what shopping is all about – regardless of whether you’re shopping for shoes, stocks, or really … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Hotel Industry Improves In October

Posted: 22 Nov 2010 09:19 AM PST

HENDERSONVILLE, Tennessee—”The U.S. hotel industry posted increases in all three key performance measurements during October 2010. In year-over-year measurements, the industry's occupancy was up 6.9 percent to 61.3 percent. Average daily rate ended the month with a 1.2-percent increase to $100.89. Revenue per available room for the month rose 8.2 percent to finish at $61.89 (see chart,click to enlarge).”

"Overall, industry fundamentals continued to improve across the board in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AIG To Vend Rail Unit, Fitch Avers Debt

Posted: 22 Nov 2010 09:05 AM PST

Going ahead with its asset disposal strategy to repay the U.S. government bailout loan, yesterday, American International Group Inc. (NYSE:AIG) announced its intention to vend its rail-car leasing wing, AIG Rail Service Inc, according to Wall Street Journal.  While the price of sale offering and other terms remain undisclosed, as of now, the offer has been extended only to private equity firms who do not have any prior experience in this business.
Commenced in 2005, AIG Rail Service now … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hibbett Beats On Double-Digit Comps

Posted: 22 Nov 2010 09:05 AM PST

Hibbett Sports Inc. (NASDAQ:HIBB) reported fiscal third-quarter 2011 earnings of 44 cents, handily beating the Zacks Consensus Estimate of 16 cents. Earnings increased 45% from 30 cents reported in the prior-year quarter. Net income at $12.6 million increased from $8.8 million in fiscal third-quarter 2010.
Net sales in the quarter were $167.4 million, up 14.8% from $145.9 million in fiscal third-quarter 2010. Comparable store sales increased 12.5%. The company recorded its third straight … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Down At The End Of European Session

Posted: 22 Nov 2010 09:00 AM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Monday.

EUR/USD was trading at 1.3611, down 0.46% at time of writing.

The pair was likely to find support at 1.3461, Wednesday's low, and resistance at 1.3786, today's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8544 and EUR/JPY falling 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/GBP Down At The End Of European Session

Posted: 22 Nov 2010 09:00 AM PST

Forex Pros – The Euro was lower against the British Pound on Monday.

EUR/GBP was trading at 0.8544, down 0.14% at time of writing.

The pair was likely to find support at 0.8475, Wednesday's low, and resistance at 0.8596, today's high.

Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.46% to hit 1.3611 and EUR/JPY falling 0.55% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Down At The End Of European Session

Posted: 22 Nov 2010 09:00 AM PST

Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.

GBP/USD was trading at 1.5932, down 0.32% at time of writing.

The pair was likely to find support at 1.5856, Wednesday's low, and resistance at 1.6095, Friday's high.

Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8544 and GBP/JPY falling 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/JPY Down At The End Of European Session

Posted: 22 Nov 2010 09:00 AM PST

Forex Pros – The Euro was lower against the Japanese Yen on Monday.

EUR/JPY was trading at 113.61, down 0.55% at time of writing.

The pair was likely to find support at 112.34, Wednesday's low, and resistance at 114.95, today's high.

Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.46% to hit 1.3611 and EUR/GBP falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Lockheed Wins $3.5B Contract

Posted: 22 Nov 2010 08:41 AM PST

Defense contractor Lockheed Martin Corporation (NYSE:LMT) announced that it received a contract worth $3.5 billion from the Defense Department to manufacture 31F-35 Lighting II stealth fighter aircraft in the fourth lot of low-rate initial production (LRIP 4).
As per the new contract Lockheed will manufacture 10 F-35A conventional takeoff and landing for the U.S. Air Force, 16 F-35B takeoff/vertical landing variants for the U.S. Marine Corps, 4 F-35C aircraft for the U.S. Navy and an F-35B … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Earnings Preview: Medtronic

Posted: 22 Nov 2010 08:41 AM PST

Leading medical devices company Medtronic (NYSE:MDT) is expected to report its second-quarter fiscal 2011 results before the market opens on Tuesday, November 23, 2010.
The current Zacks Consensus Estimate for the second-quarter EPS is 81 cents, which represents an increase of 5.2% from the year-ago quarter's 77 cents. Moreover, the company is expected to record revenues of $3,906 million, 1.4% higher than $3,851 million in the corresponding period last year.
Barring the first quarter of fiscal … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cooper To Acquire CCTV Maker

Posted: 22 Nov 2010 08:41 AM PST

Cooper Industries plc (NYSE:CBE) has entered into an agreement to acquire a Norwegian closed circuit television (CCTV) systems manufacturer Hernis Scan Systems AS. Hernis is a group company of Vislink plc. and specializes in making CCTV systems designed specially for onshore and offshore oil and gas, marine and petrochemical markets worldwide.
The completion of the acquisition is subject to receiving approval of  Vislink shareholders and other regulatory consents. After the completion of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Citi & Wells Settle Suit For $100M

Posted: 22 Nov 2010 08:41 AM PST

Citigroup Inc. (NYSE:C) and Wells Fargo & Co. (NYSE:WFC) have decided to bury the hatchet associated with the Wachovia Corp. acquisition and move on. In order to settle all claims related to the lawsuit, Wells Fargo will have to pay $100 million to Citi.
The dispute started two years ago when Wachovia was struggling with mounting losses on its mortgage loans and was up for sale. Citi had originally agreed to buy Wachovia for $2.16 billion along with support from the Federal Deposit Insurance … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Australian Dollar: Key ST Resistance At 10725

Posted: 22 Nov 2010 08:41 AM PST

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


Canadian Dollar: The Downside Prevails

Posted: 22 Nov 2010 08:41 AM PST

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


Going Nowhere Fast

Posted: 22 Nov 2010 08:40 AM PST

Trading Ideas
Traders anticipating a range bound Natural Gas market to end the year may possibly wish to explore trading strategies that could benefit from a sideways market. One such strategy would be selling strangles in Natural Gas options. For example, with January Natural Gas trading at 4.317 as of this writing, the January 3.40 puts and the January 5.40 calls could be sold for about 0.038, or $380 per strangle, not including commissions. The premium received would be the maximum potential … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Hot Stocks To Know For Monday: Sony, Salesforce.com, Dell, Nike, AstraZeneca, Allied Irish Banks

Posted: 22 Nov 2010 08:15 AM PST

U.S. stocks advanced Friday, sending the S&P 500 Index up for a third day, as higher than estimated profit at Dell (NASDAQ:DELL) and a dividend increase at Nike (NYSE:NKE) overshadowed concern China's steps to slow inflation will stifle global economic growth. Dell, the world's third largest supplier of personal computers, rallied 1.7% as lower component prices boosted profitability. Nike, the largest maker of athletic shoes, gained 4.1% after boosting its quarterly payout to 31 cents. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Broadly Higher Vs. Rivals As Ireland Optimism Fades

Posted: 22 Nov 2010 08:01 AM PST

Forex Pros – The U.S. dollar was broadly higher against its major rivals on Monday, as risk appetite was hit by lingering concerns over sovereign debt contagion among heavily indebted peripheral euro zone nations.

During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.47% to hit 1.3608.

Earlier in the day, Ireland’s Green party, the junior coalition partner in the government, said a general election should be held in January after the European … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Hits Fresh Daily Low Amid Euro Zone Contagion Fears

Posted: 22 Nov 2010 07:49 AM PST

Forex Pros – The pound extended losses against the U.S. dollar on Monday, falling to a fresh daily low amid lingering concerns over the debt problems of euro zone nations.

GBP/USD hit 1.5945 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.5949, shedding 0.20%.

Cable was likely to find support at 1.5886, the low of November 18 and resistance at 1.6153, the high of November 15.

Earlier in the day, as the cost of insuring sovereign bonds issued by … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex Trading: EURUSD Finds Support At The 100 Hour MA

Posted: 22 Nov 2010 07:44 AM PST

Forex – EUR/USD Hits Daily Low Amid Irish Political Uncertainty

Posted: 22 Nov 2010 07:33 AM PST

Forex Pros – The euro extended losses against the U.S. dollar on Monday, falling to a fresh daily low as political uncertainty in Ireland raised fresh fears over the country's economic outlook.

EUR/USD hit 1.3618 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.3626, shedding 0.34%.

The pair was likely to find support at 1.3524, last Thursday's low and resistance at 1.3937, the high of November 9.

Earlier in the day, Ireland’s Green party, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Assets Returns Since QE2 Hints

Posted: 22 Nov 2010 06:30 AM PST

By Seeking Delta of http://seekingdelta.wordpress.com

Ben Bernanke

A very nice interactive tool today from Reuters that shows asset returns based on different QE2 related time periods. Link.
Notice how most assets rallied from the Jackson Hole speech until the official QE2 announcement and the USD declined. Since the actual announcement risk assets have sold off and the USD has rallied. Interesting that the anticipation QE resulted in assets moving as the Fed intended, higher equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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