DailyMarkets.com - Forex – EUR/JPY Down During The Asian Session

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• Forex – EUR/JPY Down During The Asian Session
• Crazy Behavior In Winter
• Forex – GBP/JPY Up During The Asian Session
• Forex – NZD/USD Up During The Asian Session
• Warning Signs For The U.S. Stock Market
• Buying A Stairway To Heaven (Weekly ETF Outlook January 16, 2011)
• Market Musings: Stay In Your Comfort Zone

Forex – EUR/JPY Down During The Asian Session Posted: 16 Jan 2011 05:00 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Monday. EUR/JPY was trading at 110.78, down 0.16% at time of writing. The pair was likely to find support at 107.86, Wednesday's low, and resistance at 110.99, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.22% to hit 1.3359 and EUR/GBP falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crazy Behavior In Winter Posted: 16 Jan 2011 04:26 PM PST People in DC do some crazy things in the winter, see the picture above of a car parked in the building behind my apartment building, with its windshield wipers propped up in the air, allegedly to prevent the wipers from freezing on the windshield when it snows. I wrote about this last winter, see the post and picture here, I am still not at all convinced that this is an effective method to deal with winter snow.   And it hasn’t even really snowed yet in DC this winter, and yet I have … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session Posted: 16 Jan 2011 03:55 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Sunday. GBP/JPY was trading at 131.62, up 0.07% at time of writing. The pair was likely to find support at 128.88, Tuesday's low, and resistance at 131.88, Friday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.05% to hit 1.5878 and EUR/GBP falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Up During The Asian Session Posted: 16 Jan 2011 02:50 PM PST Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Sunday. NZD/USD was trading at 0.7682, up 0.29% at time of writing. The pair was likely to find support at 0.7562, Tuesday's low, and resistance at 0.7728, Thursday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.10% to hit 1.2892 and EUR/NZD falling 0.52% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Warning Signs For The U.S. Stock Market Posted: 16 Jan 2011 11:35 AM PST Humans, for whatever reason, tend to project the past into the future. It is an emotional flaw in our genetic makeup. It is also the reason why so many otherwise intelligent people miss the big turning points in the economy and stock market. A classic example occurred in the summer of `07. The sub-prime market was just starting to implode. With the benefit of hindsight we now know that was the beginning of the end for not only the stock market but the global economy. Unfortunately … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Buying A Stairway To Heaven (Weekly ETF Outlook January 16, 2011) Posted: 16 Jan 2011 11:19 AM PST "There's a lady who's sure All that glitters is gold And she's buying a stairway to heaven….. And it's whispered that soon If we all call the tune Then the piper will lead us to reason ….. Dear lady, can you hear the wind blow? And did you know Your stairway lies on the whispering wind? Ooh, it makes me wonder…." Lyrics from "Stairway to Heaven," Led Zeppelin This week, major U.S. markets and related exchange traded funds continued the uninterrupted upward climb that has … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Market Musings: Stay In Your Comfort Zone Posted: 14 Jan 2011 09:22 AM PST I have presented a lot of data and studies over the past couple of weeks suggesting that the equity market could go this way or that way.  I can make the bullish case for “this time being different” or I can make the bearish case for an intermediate term top.  It isn’t a matter of data mining, but just how the models and strategies are coming together. The bullish case was made for the NASDAQ 100, and it is based upon this notion that it does take bulls to make a bull market.  … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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