Thursday, December 16, 2010

DailyMarkets.com - Need A Job? Too Bad! Good Jobs Are Being Shipped Out Of America

DailyMarkets.com - Need A Job? Too Bad! Good Jobs Are Being Shipped Out Of America


Need A Job? Too Bad! Good Jobs Are Being Shipped Out Of America

Posted: 16 Dec 2010 03:35 AM PST

I hope that you enjoy the cheap foreign-made plastic trinkets that you will be exchanging with your family and friends this holiday season, because they are literally destroying the U.S. economy.  As part of the new “one world economy” that both Democrats and Republicans insist is so good for us, millions of good paying middle class jobs have been shipped out of America.  Do you need a job?  Are you wondering where all the good jobs went?  Well, the next time you are out just walk … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Mortgage Appraisals – Does Anyone Know What Your Home Is Worth?

Posted: 16 Dec 2010 03:25 AM PST

Let me tell you about Chad and the roller coaster ride we are having with his appraisals.  In addition to credit scores, lenders want to know what your real estate is worth.  How is this determined?  Appraisal?  Is it possible that no one will agree on a value?  Wait until you read this true story before you reply.

Chad was in good shape except for credit card debt.  He was tired of paying the high interest on his cards.  He had good equity in his home so he decided to refinance … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stocks To Know For Thursday: Transocean, Bank Of America, Anadarko, Boeing, BP, Caterpillar, Coca-Cola, ArcelorMittal, Siemens, Tesco

Posted: 16 Dec 2010 02:05 AM PST

Tesco (NASDAQ:TESO) – Co. to start search for Successor to Chairman Reid. (Sky)

UK

BP (NYSE:BP) – Co. faces penalties of USD 21bln-plus, if found fully liable for damages in a lawsuit over the oil accident in the Gulf of Mexico launched by the US government on Wednesday. In other news co. are seeking buyers for a system of plants and pipeline in Canada that may fetch USD 2bln or more, said people with knowledge of the matter. (FT/Sources)

BG Group – Co. says the eleventh well on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


New Chinese Factory For Deere

Posted: 16 Dec 2010 12:35 AM PST

Deere & Co. (NYSE:DE) plans to expend $50 million to build a new factory in China to manufacture construction equipment for China’s domestic market and for export to other markets. The new factory will be located in the Tianjin Economic-Technological Development Area and will manufacture four-wheel-drive loaders and excavators.
Deere's presence in China goes back 30 years, mainly confined to the agricultural equipment sector. In 2008, Deere forayed into the construction equipment sector on … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bear Of The Day: Big Lots, Inc. (BIG)

Posted: 15 Dec 2010 11:05 PM PST

Big Lots Inc.’s (NYSE:BIG) third-quarter 2010 earnings missed both the Zacks Consensus Estimate and its own outlook. The company also delivered disappointing comparable store sales results, rising marginally by 0.7% as against growth of 2% to 4% forecast by management.
The lower-than-expected third-quarter 2010 results prompted management to lower its earnings outlook. Big Lots now expects fiscal 2010 earnings in the range of $2.75 to $2.81 per share, down from its previous guidance range of $2.82 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Growth & Income Stock: Ruddick Corporation

Posted: 15 Dec 2010 11:05 PM PST

Ruddick Corporation (NYSE:RDK) recently delivered its sixth consecutive positive earnings surprise as business continues to improve. The stock has risen almost 50% year-to-date, but because estimates continue to rise too, valuation remains in check.
The company also recently announced its first dividend hike in three years. It is a Zacks #2 Rank (Buy) stock.
Company Description
Ruddick Corporation operates two subsidiaries: Harris Teeter, Inc., a regional supermarket chain in the southeastern and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bull Of The Day: Honda Motor Co. (HMC)

Posted: 15 Dec 2010 11:05 PM PST

Honda Motor Company (NYSE:HMC) is expanding its business in Asia, growing its global network to increase efficiency, and introducing new products to satisfy local markets. Furthermore, capacity expansion across the world inspires optimism about Honda’s future prospects.
Despite unfavorable currency exchange rates, Honda reported a profit in the second quarter of its fiscal 2011 that was more than double the year-ago level, driven by higher revenues in the Automobile segment. Furthermore, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Aggressive Growth Stock: Brady Corp

Posted: 15 Dec 2010 11:05 PM PST

Brady Corp (NYSE:BRC) continues drive estimates higher with another solid quarterly report in November. Analysts are expecting double-digit growth for the next 2 years, but is it too late to get into this Zacks #1 Rank (Strong Buy)?
Company Description
Brady Corp makes solutions that identify and protect premises, products and people. Some of the products and services included labels, signs, safety devices and printing systems. The company has customers in the electronics, manufacturing, education … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Momentum Stock: EBay, Inc.

Posted: 15 Dec 2010 11:05 PM PST

eBay, Inc. (NASDAQ:EBAY) has been strong with the market for the last few months, recently hitting a new multi-year high at $31.64 on better-than-expected Q3 results. With an average earnings surprise of 8% over the last four quarters and bullish growth projection, this Zacks #1 rank stock is selling momentum to all bidders.
Company Description
eBay, Inc. and its subsidiaries provide online marketplaces and payment services worldwide. The company was founded in 1995 and has a market cap of $40 … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market & ETF News Roundup: Bonds Fall Sharply, Dollar Gains (SPY,TLT, UUP, IWM, EEM, GLD)

Posted: 15 Dec 2010 10:25 PM PST

Wednesday's market action took a little of the recent froth out of the market as the SPX (SPY) declined -0.51% for the first day after six straight days of gains.

Bonds fell sharply with TLT (TLT) the 20 Year long bond declining -1.3% while the U.S. Dollar (UUP) gained more than 1%.  10 Year Yields now are back to levels last seen seven months ago.

Precious metals GLD (GLD), SLV (SLV) declined along with Emerging Markets (EEM) and China (FXI).

The Dow broke to new … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Singapore Exchange Limited – A Good Stock Buy

Posted: 15 Dec 2010 10:25 PM PST

The Singapore Exchange Limited is the first exchange in Asia-Pacific to be listed via a public offer and private placement. In this post, we're looking not at the general Singapore stock exchange but at the company itself.

Ever since announcing its attempt to buy Australia's main stock exchange ASX Ltd, SGX Ltd has seen it's share price drop about 20%. This is primary because at A$48 for each ASX share, SGX Ltd is paying a premium of about 35% to what ASX shares were traded. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Watch Out For Gold At This Level

Posted: 15 Dec 2010 10:15 PM PST

SPDR Gold Shares (GLD) seems to be headed to MA(50). The last time it was below this level was in early August and since then, this level has provided support for Gold as shown in the chart below. Interestingly, the seven days with the most volume since October have all been down … [visit site to read more] or compare Best Credit Cards and Best CD Rates


The Inverse Dollar Relationship, S&P 500 And Fear

Posted: 15 Dec 2010 09:05 PM PST

So far this week we have been seeing fear creep in the equities market. This Wednesday we started to see fear (green indicator) reach a level which tells me to start looking for the market to bottoming. I do follow a few other charts and indicators which warn me of a possible trend reversal (high probability setup) before it takes place but the US Dollar and selling volume are key.

As we all know, when the market is trying to top and roll over it tends to be more of a process than a … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Bucks Equity Decline As Inventories Plunge, Gold Reaches 2-Week Low On Yields

Posted: 15 Dec 2010 08:51 PM PST

Commodities – Energy
Crude Bucks Equity Decline as Inventories Plunge
Crude Oil (WTI) – $88.50 // $0.12 // 0.14%
Commentary: Crude continued its recent pattern of seesawing in place as the commodity eked out a $0.34, or 0.39%, gain to settle at $88.62. Prices got as low as $86.83 in early trade before an extremely bullish inventory report propelled prices above $89. But a slow drift lower in U.S. equity markets contained crude's advance, leaving the commodity stuck in its narrow … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Trading Plan For Thursday: VRSN, VRX

Posted: 15 Dec 2010 08:47 PM PST

Wednesday's session started with a gap lower only to find some early bidders pushing the market back into positive territory. This reversal higher lasted a couple hours but was later met with additional selling pushing the major indices lower into the close. Once again this is very bearish action.

What does concern us is the major indices actually could still drop between 3-5% before they settle into the next support levels. This could spell trouble for the leading names that have … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Moving The Wrong Way

Posted: 15 Dec 2010 08:11 PM PST

(Image: Source.)
Wait…what? I thought things were supposed to get better during an economic recovery. Why, then, as the International Business Times reports in ”Urban Job Growth Loses Steam in Q3: Brookings,” is the trend of big city employment moving in the other direction?
The Brookings Institutions’ MetroMonitor, which tracks America’s 100 largest metropolitan areas, found a “sharp reversal of the job growth that was occurring earlier in the year, widespread losses of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Oil Inventory Watch: Storage Falls The Most In 2 Years

Posted: 15 Dec 2010 06:51 PM PST

Inventories
The Department of Energy reported that in the week ending December 10th, 2010, U.S. crude oil inventories decreased by 9.9 million barrels, gasoline inventories increased by 0.8 million barrels, distillate inventories increased by 1.0 million barrels, and total petroleum inventories decreased by 15.6 million barrels.

Total petroleum inventories fell the most since September 2008, plunging by a whopping 15.6 million barrels. This allowed the surplus to decline for a seventh week in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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