DailyMarkets.com - Monitoring The Stock Market Bull And QE’s Effectiveness
DailyMarkets.com - Monitoring The Stock Market Bull And QE’s Effectiveness |
- Monitoring The Stock Market Bull And QE’s Effectiveness
- Ecolab Closes Cleantec Acquisition
- Initial Jobless Claims Bounce Back
- Forex Levels And Outlook For December 2, 2010: GBP/JPY, EUR/JPY, EUR/GBP
- Tractor Ups Outlook
- ABM Industries Buys Linc Group
- Kroger Reports In Line
- Harley To Expand In Brazil
- Plum Creek Completes Montana Sale
- AMB Renews Yen Credit Facility
- Principal Provides 2011 Outlook
- Regal Beloit Revises Guidance
- Australian Dollar: Turning Up
- Canadian Dollar: Rebound In Sight
- Bonds Rise As Defensive Play
- Forex Trading: EURGBP Tests 100 Day MA And Holds Resistance
- Forex – Dollar Broadly Lower Vs. Rivals After Mixed U.S. Data
- Crude Steady, Remains Above $86
- Forex – GBP/USD Trims Losses After U.S. Pending Home Sales Jump
- Forex Trading: AUDUSD Moves Above 200 Hour MA. Risk Trade Spurs Buying
- Forex – EUR/USD Trims Gains After ECB, U.S. Data
- Tax Benefits Help Toll Brothers Construct Fiscal 4Q Profit
- Opening Bell Market Monitor: PEP, WBD, TGT, COST
- U.S Pending Home Sales Jump Unexpectedly In October
- U.S. Stocks Advance After The Open On Retailers; Dow Jones Up 0.40%
- Forex – EUR/JPY Trims Losses As ECB To Extend Liquidity Measures
- Forex – USD/CAD Extends Losses After Jobless Claims Increase
- U.S. Initial Jobless Claims Rise More-than-expected
- Forex – EUR/GBP Surges To 3-day High As Markets Await Trichet
- European Central Bank Keeps Interest Rate At 1.00%
| Monitoring The Stock Market Bull And QE’s Effectiveness Posted: 02 Dec 2010 09:55 AM PST As we have stated many times, one of the primary objectives of the Fed's quantitative easing (QE) policy is to attempt to reinflate asset prices in order to improve global balance sheets and restore some semblance of the wealth effect. Some key S&P 500 levels can help us monitor the health of the current bull market and the effectiveness of the Fed's QE experiment. Traders, investors, and trading algorithms have good memories, especially when it comes to potentially important … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Ecolab Closes Cleantec Acquisition Posted: 02 Dec 2010 09:35 AM PST Leading cleaning and sanitation products company Ecolab Inc (NYSE:ECL) has completed its acquisition of Australian cleaning and hygiene products maker Cleantec for an undisclosed price. The Minneapolis-based company announced the deal in September 2010.
|
| Initial Jobless Claims Bounce Back Posted: 02 Dec 2010 09:35 AM PST Initial Claims for Unemployment Insurance rose by 26,000 last week to 436,000 (last week was also revised up by 3,000, so one could see it as a 29,000 increase). This was worse than the expected level of 422,000. Last week's big surprise to the downside seems to have been a bit of a mirage. However, it still looks like we might get out of the "trading range" that initial claims have been in for the last year. Initial claims have been generally trending down since they hit a secondary … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Levels And Outlook For December 2, 2010: GBP/JPY, EUR/JPY, EUR/GBP Posted: 02 Dec 2010 09:34 AM PST GBP/JPY Looking at a Bearish Attempt GBP/JPY 12/2/2010 1H Chart The GBP/JPY is showing strong bearish price action. If the RSI can break below 40 to confirm, and price can extend even lower below the 61.8% retracement level. We have some pivots to provide support going down, but the swing … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 02 Dec 2010 09:05 AM PST Tractor Supply Company (NASDAQ:TSCO) raised its sales and earnings outlook for fiscal 2010 on the back of better-than-expected sales. Tractor is well positioned to capitalize on positive long-term trends. The company now expects fiscal 2010 topline to range between $3.57 billion and $3.59 billion compared with the previous range of $3.53–$3.55 billion.
|
| ABM Industries Buys Linc Group Posted: 02 Dec 2010 09:05 AM PST ABM Industries Inc. (NYSE:ABM) has acquired Irvine, California-based The Linc Group, LLC ("TLG") for a cash consideration of $300 million. With this transaction, ABM Industries is expected to join the ranks of the Fortune 500. ABM Industries expects the deal to be slightly accretive to fiscal 2011 earnings and more so in fiscal 2012.
|
| Posted: 02 Dec 2010 08:35 AM PST The Kroger Company (NYSE:KR), one of the largest grocery retailers, recently posted third-quarter 2010 results. The quarterly earnings of 32 cents a share came in line with the Zacks Consensus Estimate, and jumped 18.5% from 27 cents delivered in the prior-year quarter.
|
| Posted: 02 Dec 2010 08:35 AM PST Harley-Davidson Inc. (NYSE:HOG) has announced that it will expand dealership network in Brazil in order to compensate for the sluggish sales in the U.S. with the rapid growth in the international markets.
|
| Plum Creek Completes Montana Sale Posted: 02 Dec 2010 08:16 AM PST Plum Creek Timber Co. Inc. (NYSE:PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., has recently completed the third and final phase of the Montana forestland sale to 'The Nature Conservancy and The Trust for Public Land'. The company has received $89 million in cash for approximately 70,000 acres of forestland.
|
| AMB Renews Yen Credit Facility Posted: 02 Dec 2010 08:16 AM PST AMB Property Corp. (NYSE:AMB), a leading real estate investment trust (REIT), has recently renewed its yen-denominated unsecured revolving credit facility to strengthen its liquidity. The facility is scheduled to mature in March 2014 and has a one-year extension option.
|
| Principal Provides 2011 Outlook Posted: 02 Dec 2010 08:16 AM PST Principal Financial Group Inc. (NYSE:PFG) guided full year 2011 operating earnings in a range of $2.80 to $3.00 per share. The Zacks Consensus Estimate for 2011 at $2.83 per share falls within the guidance.
|
| Posted: 02 Dec 2010 08:16 AM PST Regal Beloit Corporation (NYSE:RBC) recently revised its guidance for the fourth quarter of 2010. Regal now expects earnings per share to come around 63 cents – 67 cents, down from the previous estimate of 69 cents – 75 cents, primarily due to a slower-than-expected sales pace in the heating, ventilation and air conditioning (HVAC) segment and acquisition-related expenses that the company will undertake in the quarter.
|
| Posted: 02 Dec 2010 08:15 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Canadian Dollar: Rebound In Sight Posted: 02 Dec 2010 08:15 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Posted: 02 Dec 2010 08:14 AM PST Today’s Idea
|
| Forex Trading: EURGBP Tests 100 Day MA And Holds Resistance Posted: 02 Dec 2010 07:58 AM PST |
| Forex – Dollar Broadly Lower Vs. Rivals After Mixed U.S. Data Posted: 02 Dec 2010 07:57 AM PST Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, following the release of mixed U.S. data and amid speculation that the European Central Bank was buying the bonds of peripheral euro zone nations. During European late afternoon trade, the greenback was down against the euro, with EUR/USD climbing 0.17% to hit 1.3164. Earlier Thursday, ECB President, Jean-Claude Trichet said that the bank's bond purchase program “is ongoing.” Analysts had expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Crude Steady, Remains Above $86 Posted: 02 Dec 2010 07:56 AM PST 12/02/10 Front month crude prices continued to remain above $86 a barrel this session following strong equity performance and easing eurozone debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – GBP/USD Trims Losses After U.S. Pending Home Sales Jump Posted: 02 Dec 2010 07:38 AM PST Forex Pros – The pound trimmed losses against the U.S. dollar on Thursday, retreating from a 2-day low after data showed U.S. pending home sales jumped in unexpectedly in October. GBP/USD clawed up from 1.5512, the pair's lowest since Tuesday, to hit 1.5574 during European afternoon trade, shedding 0.29%. Cable was likely to find support at 1.5483, Tuesday's low and resistance at 1.5771, the high of November 26. The U.S. National Association of Realtors said its pending home sales … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex Trading: AUDUSD Moves Above 200 Hour MA. Risk Trade Spurs Buying Posted: 02 Dec 2010 07:36 AM PST |
| Forex – EUR/USD Trims Gains After ECB, U.S. Data Posted: 02 Dec 2010 07:26 AM PST Forex Pros – The euro trimmed gains against the U.S. dollar on Thursday, after the European Central Bank extended special liquidity measures and after data showed U.S. pending home sales jumped in October. EUR/USD retreated from 1.3217, the pair's highest since November 29, to hit 1.3177 during European afternoon trade, gaining 0.30%. The pair was likely to find support at 1.2970, Wednesday's low and resistance at 1.3301, Monday's high. The ECB was due to phase out extra liquidity … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Tax Benefits Help Toll Brothers Construct Fiscal 4Q Profit Posted: 02 Dec 2010 02:23 AM PST 12/02/10 Luxury home builder Toll Brothers posted a surprise fiscal 4Q profit on … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Opening Bell Market Monitor: PEP, WBD, TGT, COST Posted: 02 Dec 2010 07:22 AM PST 12/02/10 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| U.S Pending Home Sales Jump Unexpectedly In October Posted: 02 Dec 2010 07:07 AM PST Forex Pros – Pending home sales in the U.S. jumped unexpectedly in October, official data showed on Thursday. In a report, the National Association of Realtors said its pending home sales index surged by 10.4% in October, after falling by 1.8% in September. Analysts had expected the pending home sales index to decline by 0.9% in October. Year-on-year, the National Association of Realtors pending home sales index fell 22.4% in October, after falling by 24.9% in September. Commenting on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| U.S. Stocks Advance After The Open On Retailers; Dow Jones Up 0.40% Posted: 02 Dec 2010 06:56 AM PST Forex Pros – U.S. stocks were up after the open on Thursday, as upbeat retail sales data overshadowed worse-than-expected U.S. employment data, while concerns over euro zone sovereign debt contagion eased. During early U.S. trade, the Dow Jones Industrial Average gained 0.40%; the S&P 500 index rose 0.38%, while the Nasdaq Composite index advanced 0.43%. Earlier in the day, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – EUR/JPY Trims Losses As ECB To Extend Liquidity Measures Posted: 02 Dec 2010 06:37 AM PST Forex Pros – The euro trimmed losses against the yen on Thursday, after the president of the European Central Bank, Jean-Claude Trichet, said the bank will continue to offer special longer-term liquidity into 2011. EUR/JPY clawed up from 109.97, the daily low to hit 110.58 during European afternoon trade, shedding 0.02%. The pair was likely to find support at 108.39, Wednesday's low and resistance at 111.76, the high of November 29. The extra liquidity measures were due to be phased out … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – USD/CAD Extends Losses After Jobless Claims Increase Posted: 02 Dec 2010 06:17 AM PST Forex Pros – The U.S. dollar extended losses against its Canadian counterpart on Thursday, falling to hit a 5-day low after official data showed that the number of people who filed for unemployment assistance in the U.S. last week rose more-than-expected. USD/CAD hit 1.0080 during European afternoon trade, the pair's lowest since November 25; the pair subsequently consolidated at 1.0095, tumbling 0.73%. The pair was likely to find support at 1.0056, the low of November 15 and resistance … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| U.S. Initial Jobless Claims Rise More-than-expected Posted: 02 Dec 2010 05:34 AM PST Forex Pros – The number of people who filed for unemployment assistance in the U.S. last week rose more-than-expected, official data showed on Thursday. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending November 27 rose to a seasonally adjusted 436K, after falling to 410K in the preceding week, whose figure was revised up from 407K. Analysts had expected initial jobless claims to rise to 423K in the week ending … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| Forex – EUR/GBP Surges To 3-day High As Markets Await Trichet Posted: 02 Dec 2010 05:14 AM PST Forex Pros – The euro surged to a 3-day high against the pound on Thursday as expectations grew that the European Central Bank was set to take decisive steps to halt sovereign debt contagion in the euro zone. EUR/GBP hit 0.8459 during European afternoon trade, the pair's highest since November 29; the pair subsequently consolidated at 0.8445, gaining 0.42%. The pair was likely to find support at 0.8333, Wednesday's low and resistance at 0.8520, the high of November 29. Expectations … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| European Central Bank Keeps Interest Rate At 1.00% Posted: 02 Dec 2010 04:47 AM PST Forex Pros – The European Central Bank kept its benchmark interest rate unchanged for the 19th consecutive month in December, it announced on Thursday. The bank said it was maintaining the benchmark interest rate at 1.00%, in a widely expected move. ECB president Jean-Claude Trichet was to comment on the decision at a press conference later in the day. Following the release of the data, the euro was up against the U.S. dollar, with EUR/USD gaining 0.15% to hit 1.3159. Meanwhile, European … [visit site to read more] or compare Best Credit Cards and Best CD Rates
|
| You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home