DailyMarkets.com - Empty Promises: 5 Reasons Why Barack Obama’s State Of The Union Address Was Completely Wrong About The Economy
DailyMarkets.com - Empty Promises: 5 Reasons Why Barack Obama’s State Of The Union Address Was Completely Wrong About The Economy |
- Empty Promises: 5 Reasons Why Barack Obama’s State Of The Union Address Was Completely Wrong About The Economy
- Stocks To Watch On Wednesday: Johnson & Johnson, Yahoo, Juniper Networks, Altera, Gilead Sciences, Stryker, 3M, Bristol-Myers Squibb, Sanofi-Aventis
- 3 Stocks To Watch: Agilent Technologies, Schlumberger, Valero Energy
- European Stocks Jump On Optimism Over Global Recovery; DAX Up 1.24%
- Forex – EUR/GBP Backs Off 3-month High After BOE Minutes
- Forex Trading: EUR/CHF Higher
- Forex – USD/CHF Rebounds From 3-week Low In Quiet Trade
- European Stocks Jump On Optimism Over Global Recovery; DAX Up 1.24%
- Britain’s BBA Mortgage Approvals Fall Unexpectedly In December
- Forex – Dollar Broadly Lower Vs. Rivals Ahead Of Fed FOMC
- Forex – GBP/USD Down Weighed By Weak GDP, King Remarks
- Forex – USD/JPY Slips Ahead Of Fed Rate Statement
- Forex – AUD/USD Moves Higher As Markets Look To FOMC
- Forex – NZD/USD Dips Ahead Of RBNZ Rate Decision
- Asia Stocks Mixed As Commodities Decline; Nikkei Down 0.60%
- Forex – EUR/USD Softens As Markets Eye Fed FOMC Meeting
- Jeremy Grantham: Pavlov’s Bulls
- Bear Of The Day: Strayer Education (STRA)
- Growth & Income Stock: NorthWestern Corporation
- Bull Of The Day: Tesoro Corporation (TSO)
- Momentum Stock: TPC Group, Inc.
- Aggressive Growth Stock: Flextronics International
- China Could Unleash Inflationary Nightmare In U.S., Warns Schiff
- BlackRock’s Fisher On Inflation, Economy
- Technical Talk: Shift From Small To Large Caps Under Way?
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up During The Asian Session
- Forex – EUR/CHF Down During The Asian Session
- Spanish Stocks Off Worrying Agenda, Says Griffiths
- Laugh Out Loud: Same Old Spending
- Forex – USD/CHF Down During The Asian Session
- Chart Of The Week: Repligen (RGEN), A Promising Biotech Play
- Forex – EUR/GBP Up During The Asian Session
- Crude Oil Falls On Broad-Based Selling, Gold Inches Lower
- Forex – USD/JPY Down During The Asian Session
- Peabody Sets The Stage For 2011
- Zions Misses Estimates
- Forex – USD/CAD Up During The Asian Session
- Zions Misses Estimates
- ETF News Update: The State Of The Union (UUP, USD, TLT, USO, DBC)
- Forex – AUD/USD Up During The Asian Session
- Stock Market Summary For Tuesday, January 25, 2011
- Two Views Of The Same Image
| Posted: 26 Jan 2011 03:35 AM PST Barack Obama’s State of the Union address sure sounded good, didn’t it? There were lots of solemn promises, lots of stuff about America’s “bright future” and a line about how we are now facing this generation’s “Sputnik moment” that will surely make headlines all over the globe. But we all knew that Barack Obama could give a good speech. That has never been the issue. What the American people really need are some very real answers to some very real problems. So were there any … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 26 Jan 2011 03:24 AM PST In spite of starting the session on a negative footing, equities staged a convincing rally in the closing hour of trade to finish in positive territory, while the DJIA closed marginally lower. The move lower was led by news from the corporate sector after 3M (NYSE:MMM) (-2%) and Johnson & Johnson (NYSE:JNJ) (-1.8%) disappointed with their earning updates. However, the negative sentiment was overshadowed by a much stronger than expected Consumer Confidence report which rose to over 60.0 … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| 3 Stocks To Watch: Agilent Technologies, Schlumberger, Valero Energy Posted: 26 Jan 2011 03:15 AM PST The market has been extremely resilient lately, with every bit of weakness leading to buying opportunities. As such, I've picked three stocks that have pulled back from recent highs, but remain within well-defined bullish trends. Each of these stocks are primed for "buy the dip" opportunities that could lead to new highs within their respective uptrends. Read more.. 1. Agilent Technologies (NYSE:A) Agilent has trended higher since September and remains bullish despite a recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Jump On Optimism Over Global Recovery; DAX Up 1.24% Posted: 26 Jan 2011 03:00 AM PST Forex Pros – European stock markets were broadly higher on Wednesday, as market sentiment was boosted after U.S. President Barack Obama's State of the Union address, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 jumped 0.84%, France's CAC 40 rose 0.93%, while Germany’s DAX surged 1.24%. In his State of the Union address delivered late Tuesday, President Obama called for a five-year freeze on domestic discretionary … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Backs Off 3-month High After BOE Minutes Posted: 26 Jan 2011 02:46 AM PST Forex Pros – The euro erased early gains against the pound on Wednesday, after the minutes from the January meeting of the Bank of England’s Monetary Policy Committee showed policy makers considered a rate increase. EUR/GBP retreated from 0.8672, the pair's highest since November 8, to hit 0.8641 during European morning trade, shedding 0.09%. The pair was likely to find support at 0.8526, Tuesday's low and resistance at 0.8672, the day's high. The minutes of the Bank’s January … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 26 Jan 2011 02:34 AM PST Euro has been trading higher, most notably in the EUR/CHF pair. Seen below, the pair is making a pass through the 100 hour moving average and may reach the 61.8% line on the move from January 25th highs to yesterday's lows. Resistance shown by the 100 hour MAVG could bring the pair back to the 50% … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CHF Rebounds From 3-week Low In Quiet Trade Posted: 26 Jan 2011 02:26 AM PST Forex Pros – The U.S. dollar rebounded from a three-week low against the Swiss franc in quiet trade on Wednesday, after good demand for bonds issued by Europe's financial rescue fund reassured investors. USD/CHF hit 0.9463 during European morning trade, the daily high; the pair subsequently consolidated at 0.9457, gaining 0.34%. The pair was likely to find support at 0.9402, Tuesday's low and a three-week low and resistance at 0.9622, Monday's high. On Tuesday, the safe haven franc … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Jump On Optimism Over Global Recovery; DAX Up 1.24% Posted: 26 Jan 2011 01:54 AM PST Forex Pros – European stock markets were broadly higher on Wednesday, as market sentiment was boosted after U.S. President Barack Obama's State of the Union address, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 jumped 0.84%, France's CAC 40 rose 0.93%, while Germany’s DAX surged 1.24%. In his State of the Union address delivered late Tuesday, President Obama called for a five-year freeze on domestic discretionary … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Britain’s BBA Mortgage Approvals Fall Unexpectedly In December Posted: 26 Jan 2011 01:38 AM PST Forex Pros – Mortgage approvals in the U.K. fell unexpectedly in December, industry data showed on Wednesday. In a report, the British Banker’s Association said that the number of new mortgages approved in December fell to 28.7K, after declining to 29.7K in November, whose figure was revised down from 30K. Analysts had expected the number of mortgage approvals to rise to 29.9K in December. Following the release of that data, the pound was up against the U.S. dollar, with GBP/USD rising … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Broadly Lower Vs. Rivals Ahead Of Fed FOMC Posted: 26 Jan 2011 01:06 AM PST Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as markets looked towards the Federal Reserve for confirmation that its focus remained on supporting growth. During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.16% to hit 1.3706. Later Wednesday, the Federal Reserve was to convene its first monetary policy meeting of the year. The U.S. central bank was widely expected hold short-term interest rates near zero … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Down Weighed By Weak GDP, King Remarks Posted: 26 Jan 2011 12:57 AM PST Forex Pros – The pound was down against the U.S. dollar for a second day on Wednesday, after a shock contraction in U.K. economic growth and following remarks by Bank of England Governor Mervyn King. GBP/USD hit 1.577 during European morning trade, the daily low; the pair subsequently consolidated at 1.5808, shedding 0.08%. Cable was likely to find support at 1.575, Tuesday's low and resistance at 1.5837, the day's high. On Tuesday, Governor King said while inflation was likely to rise … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Slips Ahead Of Fed Rate Statement Posted: 26 Jan 2011 12:38 AM PST Forex Pros – The U.S. dollar was down against the yen on Wednesday, lower for the fourth day as investors awaited the Federal Reserves rate statement and amid growing expectations of a U.S. government spending freeze. USD/JPY hit 81.99 during early European trade, the daily low; the pair subsequently consolidated at 82.08, shedding 0.2%. The pair was likely to find support at 81.84, the low of January 19 and a two-week low and resistance at 82.66, Tuesday's high. Later Wednesday, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Moves Higher As Markets Look To FOMC Posted: 26 Jan 2011 12:23 AM PST Forex Pros – The Australian dollar moved higher against its U.S. counterpart on Wednesday, as markets looked towards the Federal Reserve rate statement later in the day. AUD/USD hit 0.9998 during late Asian trade, the pair's highest since Monday; the pair subsequently consolidated at 0.9979, gaining 0.14%. The pair was likely to find support at 0.9888, Tuesday's low and resistance at 1.0021, Monday's high. Later Wednesday, the Federal Reserve was to convene its first monetary policy … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Dips Ahead Of RBNZ Rate Decision Posted: 26 Jan 2011 12:05 AM PST Forex Pros – New Zealand's dollar dipped against its U.S. counterpart on Wednesday, as markets awaited the Reserve Bank of New Zealand benchmark interest rate decision and rate statement. NZD/USD hit 0.766 during late Asian trade, the daily low; the pair subsequently consolidated at 0.7681, slipping 0.06%. The pair was likely to find support at 0.7621, Tuesday's low and resistance at 0.7746, the high of January 17. New Zealand's central bank was widely expected to hold the official … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Mixed As Commodities Decline; Nikkei Down 0.60% Posted: 25 Jan 2011 11:52 PM PST Forex Pros – Asian stocks were mixed on Wednesday as shares in the commodity sector led markets lower, while Japanese exporters declined as a stronger yen dimmed profit prospects. During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.22%, South Korea’s Kospi Composite jumped 1.14%, while Japan's Nikkei 225 Index fell 0.60%. Shares in the commodity sector were broadly lower as metal and crude oil prices hovered near multi-month lows. Shares in Japan's largest oil and gas … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Softens As Markets Eye Fed FOMC Meeting Posted: 25 Jan 2011 11:42 PM PST Forex Pros – The euro softened against the U.S. dollar on Wednesday, easing off a nine-week high, as markets looked towards the Federal Reserve for confirmation that its focus remained on supporting growth. EUR/USD hit 1.3657 during late Asian trade, the daily low; the pair subsequently consolidated at 1.367, slipping 0.07%. The pair was likely to find support at 1.3539, Monday's low and short-term resistance at 1.3703, Tuesday's high and a nine-week high. Later Wednesday, the Federal … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Jeremy Grantham: Pavlov’s Bulls Posted: 25 Jan 2011 11:30 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
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| Bear Of The Day: Strayer Education (STRA) Posted: 25 Jan 2011 11:05 PM PST Strayer Education (NASDAQ:STRA) reported a 20% fall in new student enrollment for the winter 2011 term. The company now projects that if annual enrollment drops 5%, its revenue may remain flat or fall 1% and fiscal 2011 earnings may lie between $7.50 and $7.70 per share.
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| Growth & Income Stock: NorthWestern Corporation Posted: 25 Jan 2011 11:05 PM PST NorthWestern Corporation (NYSE:NWE) is a high quality, low-risk stock yielding a hefty 4.8%. The company has also delivered three consecutive positive earnings surprises as it has successfully leveraged its fixed expenses through modest sales increases.
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| Bull Of The Day: Tesoro Corporation (TSO) Posted: 25 Jan 2011 11:05 PM PST Buoyed by favorable trends in the refining industry along with company initiatives to improve reliability and reduce operating costs, we are upgrading Tesoro Corporation (NYSE:TSO) shares to Outperform from Neutral.
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| Momentum Stock: TPC Group, Inc. Posted: 25 Jan 2011 11:05 PM PST TPC Group, Inc. (TPCG) has been posting huge gains over the last few months, recently hitting a new multi-year high on another strong quarter and rising estimates. With a bullish growth projection and compelling valuation, this Zacks #1 rank stock has plenty of momentum.
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| Aggressive Growth Stock: Flextronics International Posted: 25 Jan 2011 11:05 PM PST Flextronics (NASDAQ:FLEX) just beat earnings expectations last week. Estimates are rising on the company’s guidance, pushing shares to a Zacks #1 Rank (Strong Buy)
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| China Could Unleash Inflationary Nightmare In U.S., Warns Schiff Posted: 25 Jan 2011 11:00 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
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| BlackRock’s Fisher On Inflation, Economy Posted: 25 Jan 2011 10:40 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. BlackRock's Fisher on inflation, economy was first posted on January 26, 2011 at 8:40 am.
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| Technical Talk: Shift From Small To Large Caps Under Way? Posted: 25 Jan 2011 10:30 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
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| Forex – EUR/USD Up During The Asian Session Posted: 25 Jan 2011 10:18 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3692, up 0.07% at time of writing. The pair was likely to find support at 1.3449, Friday's low, and resistance at 1.3703, Tuesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8654 and EUR/JPY 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: 25 Jan 2011 09:48 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5826, up 0.06% at time of writing. The pair was likely to find support at 1.5752, Tuesday's low, and resistance at 1.6018, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8651 and GBP/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/CHF Down During The Asian Session Posted: 25 Jan 2011 09:18 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Wednesday. EUR/CHF was trading at 1.2888, down 0.05% at time of writing. The pair was likely to find support at 1.2827, Tuesday's low, and resistance at 1.3069, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.09% to hit 1.3695 and EUR/JPY falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Spanish Stocks Off Worrying Agenda, Says Griffiths Posted: 25 Jan 2011 09:15 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. The daily chart of IBEX Index is shown below. Although the Index has turned the corner as far as relative performance against the Dow Jones World Index is concerned (second panel), the price and momentum charts (top and bottom panels) look toppish in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Laugh Out Loud: Same Old Spending Posted: 25 Jan 2011 09:00 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. Laugh out Loud: Same old spending was first posted on January 26, 2011 at 7:00 am. Feed enhanced by the Add To Feed Plugin by Ajay … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CHF Down During The Asian Session Posted: 25 Jan 2011 08:48 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday. USD/CHF was trading at 0.9414, down 0.12% at time of writing. The pair was likely to find support at 0.9404, Tuesday's low, and resistance at 0.9688, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.10% to hit 1.3696 and USD/JPY falling 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Chart Of The Week: Repligen (RGEN), A Promising Biotech Play Posted: 25 Jan 2011 08:47 PM PST Repligen Corporation (NASDAQ:RGEN) is a biopharmaceutical company which engages in the development and commercialization of therapies that deliver value to patients and clinicians in neurology, gastroenterology, and orphan diseases. Over the past week of this market uncertainty, RGEN has continued to create new 52-week highs as biotech stocks can many times move to the beat of their own drum. RGEN has two important clinical trial catalysts in the current quarter and the optimism is likely … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Up During The Asian Session Posted: 25 Jan 2011 08:18 PM PST Forex Pros – The Euro was higher against the British Pound on Wednesday. EUR/GBP was trading at 0.8658, up 0.09% at time of writing. The pair was likely to find support at 0.8461, Friday's low, and resistance at 0.8668, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.06% to hit 1.3690 and EUR/JPY falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Crude Oil Falls On Broad-Based Selling, Gold Inches Lower Posted: 25 Jan 2011 07:51 PM PST Commodities – Energy
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| Forex – USD/JPY Down During The Asian Session Posted: 25 Jan 2011 07:38 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday. USD/JPY was trading at 82.09, down 0.21% at time of writing. The pair was likely to find support at 81.98, Tuesday's low, and resistance at 83.09, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.03% to hit 1.3686 and GBP/USD falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Peabody Sets The Stage For 2011 Posted: 25 Jan 2011 07:35 PM PST St. Louis-based Peabody Energy Corporation (NYSE:BTU) reported fourth-quarter 2010 earnings of 85 cents per share, beating the Zacks Consensus Estimate of 70 cents. The company's profits almost doubled compared to the last year's earnings of 43 cents, driven by higher global prices and demand for coal, which offset the production disruptions emanating from the devastating rains and floods in Australia.
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| Posted: 25 Jan 2011 07:35 PM PST Zions Bancorp. (NASDAQ:ZION) reported fourth quarter 2010 diluted loss per share of 62 cents, falling way short of Zacks Consensus Estimate of a net loss 37 cents per share. The reported earnings was up from a loss of $1.26 per share from the year ago quarter but down from a loss of 47 cents per share in the previous quarter.
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| Forex – USD/CAD Up During The Asian Session Posted: 25 Jan 2011 07:08 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday. USD/CAD was trading at 0.9972, up 0.04% at time of writing. The pair was likely to find support at 0.9909, Friday's low, and resistance at 1.0005, Tuesday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.04% to hit 1.3687 and GBP/USD falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 25 Jan 2011 07:05 PM PST Zions Bancorp. (NASDAQ:ZION) reported fourth quarter 2010 diluted loss per share of 62 cents, falling way short of Zacks Consensus Estimate of a net loss 37 cents per share. The reported earnings was up from a loss of $1.26 per share from the year ago quarter but down from a loss of 47 cents per share in the previous quarter.
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| ETF News Update: The State Of The Union (UUP, USD, TLT, USO, DBC) Posted: 25 Jan 2011 06:51 PM PST As I write this ETF News Update, the State of the Union address is scheduled to begin in less than two hours.
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| Forex – AUD/USD Up During The Asian Session Posted: 25 Jan 2011 06:28 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday. AUD/USD was trading at 0.9973, up 0.07% at time of writing. The pair was likely to find support at 0.9840, Friday's low, and resistance at 1.0022, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3738 and AUD/JPY falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Market Summary For Tuesday, January 25, 2011 Posted: 25 Jan 2011 04:51 PM PST Stocks appeared to be headed for a material down day but were able to regain their footing in uneven trade to finish mostly flat in the session. Investor participation was strong and market breadth was ok. U.S. investors have a speech from the President tonight and some statements from the Federal Reserve tomorrow to digest before making their next moves. We are raising the support level on the DJIA and lowering its resistance level (see below). For the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 25 Jan 2011 03:49 PM PST The StockTwits 50 blog articulated my feelings perfectly concerning last week’s truly painful couple of days for most tech stocks:
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