DailyMarkets.com - Three ETFs Impacted By US-South Korea Trade Agreement

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• Three ETFs Impacted By US-South Korea Trade Agreement
• Big Banks Are Stifling Economic Growth & Taxing Consumers
• Hold Or Sell: A Nice Problem To Have
• Forex – EUR/USD Weekly Outlook: December 6-10
• Forex – GBP/USD Weekly Outlook: December 6-10
• Forex – NZD/USD Weekly Outlook: December 6-10
• Forex – AUD/USD Weekly Outlook: December 6-10
• Forex – USD/CAD Weekly Outlook: December 6-10
• Forex – USD/JPY Weekly Outlook: December 6-10
• Forex – USD/CHF Weekly Outlook: December 6-10
• Forex – Weekly Outlook: December 6-10
• Forex – EUR/USD Up At The End Of U.S. Session
• Forex – GBP/USD Up At The End Of U.S. Session
• Morning News Notes: 12.3.10

Three ETFs Impacted By US-South Korea Trade Agreement Posted: 05 Dec 2010 11:18 AM PST The United States and South Korea agreed to modify a free-trade agreement, which, upon execution, will be the largest value of trade volume in the world since the North American Free Trade Agreement (NAFTA) paving the path to opportunity for the iShares MSCI South Korea Index (EWY), the Consumer Discretionary Select Sector SPDR (XLY) and the iPath Dow Jones-UBS Livestock Subindex Total Return ETN (COW). More specifically, the amendments to the trade agreement includes new steps to open … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Big Banks Are Stifling Economic Growth & Taxing Consumers Posted: 05 Dec 2010 10:14 AM PST Have you noticed the price of oil lately? It's $90 a barrel in a dismal economy with unemployment hovering around 10%. The problem with Fed chairman Bernanke`s latest QE 2 initiative is that he has just given more access of cheap money to the big banks. Non-Productive Use of QE Money And what are they doing with all this cheap money? Nothing productive from an economic standpoint. Instead of lending the money to entrepreneurs, business projects, and venture capital initiatives … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hold Or Sell: A Nice Problem To Have Posted: 05 Dec 2010 08:03 AM PST A few weeks ago, in “My ‘Sell Rules’ Discipline”, I very confidently stated that “Stocks with momentum that have appreciated substantially will tend to continue moving up. Stock retreats brought on by market consolidations may actually be an excellent time to the position size of winning stocks. In short, decisions to sell stocks should be the exception rather than the rule…” What I didn’t expect was that I’d be faced with the quandary of whether or not to sell a strong momentum stock so … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: December 6-10 Posted: 05 Dec 2010 07:37 AM PST Forex Pros – Last week saw the euro close higher against the U.S. dollar for the first week in month after the European Central Bank intervened to curb the spread of the sovereign debt crisis which threatened to engulf the euro zone. EUR/USD hit 1.2968 on Tuesday, the pair's lowest since September 16; the pair subsequently consolidated at 1.3412 by close of trade on Friday, advancing 0.97% over the week. The pair is likely to find support at 1.3192, last Friday's low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: December 6-10 Posted: 05 Dec 2010 07:11 AM PST Forex Pros – Last week saw the pound post its first weekly gain against the U.S. dollar in four weeks, after official data showed U.S. employers added fewer jobs than forecast last month. GBP/USD hit 1.5483 on Tuesday, the pair's lowest since September 15; the pair subsequently consolidated at 1.5772 by close of trade on Friday, surging 1.14% over the week. Cable is likely to find support at 1.5580, last Friday's low and resistance at 1.5964, the high of November 23. On Friday, Labor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: December 6-10 Posted: 05 Dec 2010 06:47 AM PST Forex Pros – The week beginning December 6 comes after one which saw the New Zealand dollar post its biggest weekly gain against its U.S. counterpart in a month, as demand for higher-yielding assets was supported by rising commodity prices. NZD/USD hit 0.7396 on Tuesday, the pair's lowest since October 5; the pair subsequently consolidated at 0.7658 by close of trade on Friday, jumping 1.78% over the week. The pair is likely to find support at 0.7453, last Thursday's low, and resistance … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: December 6-10 Posted: 05 Dec 2010 05:34 AM PST Forex Pros – Last week saw the Australian dollar post its biggest weekly gain against its U.S. counterpart in a month, as commodities climbed, supporting demand for higher-yielding assets. AUD/USD hit 0.9535 on Tuesday, the pair's lowest since September 24; the pair subsequently consolidated at 0.9926 by close of trade on Friday, soaring 2.47% over the week. The pair is likely to find support at 0.9739, last Friday's low and resistance at 1.0002, the high of November 12. Commodities … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: December 6-10 Posted: 05 Dec 2010 04:54 AM PST Forex Pros – Last week saw the Canadian dollar advance against its U.S. counterpart for the first time in four weeks as crude oil, the nations largest export rallied to a 2-year high amid signs of a global economic recovery. USD/CAD hit 1.0002 on Friday, the pair's lowest since November 11; the pair subsequently consolidated at 1.0040 by close of trade on Friday, advancing 1.22% over the week. The pair is likely to find support at 0.9977, the low of November 11 and resistance at 1.0189, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Weekly Outlook: December 6-10 Posted: 05 Dec 2010 04:26 AM PST Forex Pros – The week beginning December 6 comes after one which saw the U.S. dollar tumble to a 3-week low against the yen, after a weaker-than-expected report on U.S. non-farm payrolls stoked fears over the strength of the U.S. recovery. USD/JPY hit 84.39 on Monday, a 2-month high; the pair subsequently consolidated at 82.51 by close of trade on Friday, tumbling 1.79% over the week. The pair is likely to find support at 81.54, the low of November 10 and resistance at 83.88, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Weekly Outlook: December 6-10 Posted: 05 Dec 2010 03:48 AM PST Forex Pros – Last week saw the U.S. dollar plunge to a 3-week low against the Swiss franc on Friday, following the release of significantly worse-than-expected U.S. data on employment. USD/CHF hit 0.9724 on Friday, the pair's lowest since November 11; the pair subsequently consolidated at 0.9732 by close of trade, plummeting 2.90% over the week. The pair is likely to find support at 0.9670, the low of November 11 and resistance at 0.9949, last Friday's high. Labor Department data … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Weekly Outlook: December 6-10 Posted: 05 Dec 2010 01:38 AM PST Forex Pros – Last week saw the U.S. dollar fall sharply across the board on Friday, after a weaker-than-expected U.S. jobs report showed that unemployment remained close to a 26-year high, stoking fears that the U.S. economic recovery was faltering. Labor Department data showed U.S. non-farm payrolls rose 39,000 last month, much weaker than expectations for 140,000 new jobs. The unemployment rate also increased to 9.8%. Meanwhile, the euro closed higher against the dollar for the first week … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of U.S. Session Posted: 03 Dec 2010 02:10 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. EUR/USD was trading at 1.3415, up 1.55% at time of writing. The pair was likely to find support at 1.2970, Tuesday's low, and resistance at 1.3438, today's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 39.00K last month, from 172.00K in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up At The End Of U.S. Session Posted: 03 Dec 2010 02:05 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. GBP/USD was trading at 1.5771, up 1.09% at time of writing. The pair was likely to find support at 1.5486, Tuesday's low, and resistance at 1.5788, today's high. Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 39.00K last month, from 172.00K in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Morning News Notes: 12.3.10 Posted: 03 Dec 2010 07:36 AM PST The morning news notes as prepared by TL…non farm payrolls, monetary policy shift by China, S&P put Greece on negative watch, Bernanke to appear on 60 Minutes this Sunday, and the President’s deficit commission.   “Morning News Notes: December 3, 2010″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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