Thursday, January 13, 2011

DailyMarkets.com - Forex – USD/CAD Up During The Asian Session

DailyMarkets.com - Forex – USD/CAD Up During The Asian Session

Forex – USD/CAD Up During The Asian Session

Posted: 13 Jan 2011 07:10 PM PST

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday.

USD/CAD was trading at 0.9900, up 0.10% at time of writing.

The pair was likely to find support at 0.9848, Wednesday's low, and resistance at 0.9983, Monday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.24% to hit 1.3333 and GBP/USD falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Credit Agencies Are Out Of Line In Warning On U.S. Debt

Posted: 13 Jan 2011 06:56 PM PST

Something seems insulting about S&P and Moody's warning on the U.S. credit rating. I don't disagree that the U.S. fiscal situation has deteriorated significantly and that something must be done about it sooner than later. However, coming from outfits that gave AAA ratings to mortgage backed securities full of subprime mortgages, a warning on the U.S. sovereign credit just doesn't set right. I guess all the people around the world who rush into U.S. Treasuries at the first sign of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Auction-Rate Securities And Municipal Market Dislocation

Posted: 13 Jan 2011 06:39 PM PST

The demise of the $330 billion auction-rate securities market may have culminated in February 2008 but the impact of that reality continues to be felt today. How so?
Large segments of the ARS market provided financing for a wide array of municipal entities. How did those municipal entities receive financing when the ARS market froze? Reports indicate that bank letters of credit (LOCs) provided ongoing financing for many municipal borrowers. Now what?
As those LOCs are rolling off, banks are … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session

Posted: 13 Jan 2011 06:30 PM PST

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday.

AUD/USD was trading at 0.9956, down 0.21% at time of writing.

The pair was likely to find support at 0.9804, Tuesday's low, and resistance at 1.0019, Thursday's high.

Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.07% to hit 1.3386 and AUD/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session

Posted: 13 Jan 2011 06:05 PM PST

Forex Pros – The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3328, down 0.28% at time of writing.

The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3383, Thursday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8422 and EUR/JPY falling 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During The Asian Session

Posted: 13 Jan 2011 05:35 PM PST

Forex Pros – The Euro was lower against the Japanese Yen on Friday.

EUR/JPY was trading at 110.31, down 0.32% at time of writing.

The pair was likely to find support at 106.83, Monday's low, and resistance at 110.68, Thursday's high.

Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.20% to hit 1.3338 and EUR/GBP falling 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Down During The Asian Session

Posted: 13 Jan 2011 04:45 PM PST

Forex Pros – The British Pound was lower against the Japanese Yen on Friday.

GBP/JPY was trading at 131.05, down 0.09% at time of writing.

The pair was likely to find support at 128.33, Monday's low, and resistance at 131.43, Thursday's high.

Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.02% to hit 1.5836 and EUR/GBP falling 0.23% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Thursday, January 13, 2011

Posted: 13 Jan 2011 04:33 PM PST

(NYSE:A) quiet session today on Wall Street as stocks digested its recent gains as investor participation was rather mellow.  It appears the market may be waiting for earnings season to really kick in before making its next move.  We are raising the support levels and lowering the resistance levels for the DJIA, S&P 500, and Nasdaq Composite (see below).  But for the second day in a row the number of stocks on the NYSE that made new lows expanded from 42 to 107 a bearish … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Healthy Start: Whole Foods Gets Upgraded

Posted: 13 Jan 2011 04:15 PM PST

01/13/11 Whole Foods Markets Incorporated received quite the boost this session in the form of an analyst upgrade from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: US Retail Sales, U. Of Michigan Consumer Sentiment, US CPI, Industrial Production, Earnings

Posted: 13 Jan 2011 11:00 AM PST

01/14/10 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Up During The Asian Session

Posted: 13 Jan 2011 03:50 PM PST

Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7720, up 0.12% at time of writing.

The pair was likely to find support at 0.7562, Tuesday's low, and resistance at 0.7728, today's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.02% to hit 1.2935 and EUR/NZD falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Those Calling For A Market Correction Make Me Laugh

Posted: 13 Jan 2011 03:35 PM PST

After stocks ended 2010 making new highs, many experts have been calling for a healthy correction before putting more money into equities. And if you had listened to those folks you would have missed out on even more gains in the opening days of the New Year.

There are 2 main camps of folks that are calling (nay, praying) for this correction. Let me share with you their sad stories and why you should continue to pass on their faulty strategies.

Correction Camp #1: Missed the Party All … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Stock Movers To Watch On Friday, January 14

Posted: 13 Jan 2011 03:24 PM PST

( click to enlarge )

Intel Corporation (NASDAQ:INTC) climbs in after-hours after the company released better then expected numbers after Thursday's close. The company reported fourth quarter net income of $3.4 billion, up 48% from the same period a year ago, with earnings of 59 cents a share. Intel said 2010 was by far its most profitable year with net income of $11.7 bn, record revenues and gross margins reaching a record 67.5% in the fourth quarter." 2010 was the best year in Intel's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Finding Parking For Capital

Posted: 13 Jan 2011 03:17 PM PST

Cusick's Corner
There has been a lot of discussion this week concerning where bond investors are parking their capital that they have been taking out of the fixed income market. These bond investors are yield hounds and with stocks on the move, this is leaving their cash returns in the dust. So what can you turn to if you are conservative in nature and desire yield? Take a look at dividend paying stocks. If you desire a little more conservative investment over the outright purchase of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Medical Device ETFs Destined To Shine

Posted: 13 Jan 2011 03:17 PM PST

Increased demand from emerging markets and domestic macro factors are expected to be major driving forces behind growth in the medical device and biotechnology sectors and the exchange traded funds [[ETFs]] that track them.
Emerging markets are expected to be at the forefront of economic growth for the next few years as many are rich in natural resources, which are expected to be in high demand in the near future, and most are much more nimble than their developed counterparties which enable … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold And Silver Update 1.13.2011 – Bearish Signals

Posted: 13 Jan 2011 03:17 PM PST

Gold (XAU/USD)

- The 4H chart in gold (xau/usd) suggests we have completed a correction and may be heading south. The clues are:
1. RSI failed to break above 60
2. Price action stayed below 50% retracement
3. Strong 4H candle following some indecision type candles.
- This targets 1323 in a swing projection, but we know there are support pivots first at 1329.50. A break below that can targets 1315 and or at least satisfy this swing projection.
- A rally that is within this bearish outlook … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Exxon To Divest North Sea Stakes

Posted: 13 Jan 2011 03:05 PM PST

ExxonMobil Corporation (NYSE:XOM) intends to divest its interest in four blocks in the North Sea as a part of its plan to shed non core assets. As per reports in IndigoPool, the website operated by Schlumberger Ltd. (NYSE:SLB), ExxonMobil’s recently acquired XTO Energy owns the properties and the company did not specify any value for the assets.
The world’s largest publicly traded company, ExxonMobil's XTO unit is offering 15% interest in three blocks, which include the Platypus natural-gas … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canadian Pacific: 2011 Capital Plan

Posted: 13 Jan 2011 03:05 PM PST

Canadian Pacific Railway Limited (NYSE:CP), Canada's second biggest railway, plans to invest C$950 million to C$1.05 billion in capital projects this year. The capital plan represents an increase of approximately 30% from the C$750 million to C$800 million budgeted for 2010.
Canadian Pacific will spend C$680 million for the renewal of track infrastructure across Canada and in the Upper Midwest and Northeastern United States. The company will also invest C$200 million in boosting rail volumes, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AIG Divests, Aims For Recapitalization

Posted: 13 Jan 2011 02:35 PM PST

Yesterday American International Group Inc. (NYSE:AIG) announced that not only has it finalized the deal to dispose of its Nan Shan Life Insurance Co. in Taiwan, the company also aims to complete the recapitalization by the end of this week, keeping track with the scheduled time-frame.
AIG has accepted the bid from Ruen Chen Investment Holding Co. Ltd. (Ruen Chen) in order to divest its 97.57% stake in its Nan Shan unit, for a cash deal of $2.16 billion. Ruen Chen is a Taiwanese conglomerate led … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Intel Beats Low Expectations Again

Posted: 13 Jan 2011 02:35 PM PST

Following a similar pattern from the past several quarters, Intel Corp. (NASDAQ:INTC) has posted an impressive earnings beat headline of 59 cents per share on revenues of $11.5 billion in the company’s fiscal 4th quarter of 2010 after the bell Thursday. The Zacks Consensus Estimates had been 53 cents per share on $11.367 billion in revenues.

In fact, the numbers marked Intel’s best 4th quarter ever, and set company records for EPS, revenue, gross margin (67.5%) operating income ($4.3 billion) and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Marriott’s VC To Exit In March

Posted: 13 Jan 2011 02:05 PM PST

Bethesda, Maryland-based Marriott International, Inc (NYSE:MAR), a lodging company announced that William J. Shaw, the vice chairman of the company, will retire on March 31, after serving Marriott for 37 years.
Mr. Shaw, 65, had started his journey at Marriott in 1974 and became corporate controller in 1979. Before taking on the role of vice chairman in 2009, he has also served the company as vice president for 4 years, senior vice president of finance and treasurer for 2 years, chief financial … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: MRK, MRO

Posted: 13 Jan 2011 02:00 PM PST

01/13/11 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [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: 13 Jan 2011 01:55 PM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3362, up 1.76% at time of writing.

The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3383, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Empire East Land Holdings (ELI), Breaking Ground

Posted: 13 Jan 2011 01:42 PM PST

On January 13, Andrew Tan-led Empire East Land Holdings, Inc. (ELI), a property firm that was spun off from Megaworld Corporation (MEG) in 1994 since it caters to the middle income market, jumped by another 13.85% from an opening of PHP 0.69 to PHP 0.74. The other day, we saw it soaring by 14.04% from PHP 0.57 to PHP 0.65. So what's behind ELI's sudden move?
Based on ELI's daily chart, you can see that it was able to break free from the 'handle' of a rather disfigured cup and handle … [visit site to read more] or compare Best Credit Cards and Best CD Rates

What The Real Experts Say

Posted: 13 Jan 2011 01:42 PM PST

A new nationwide poll by the Pew Research Center for the People & the Press reveals an interesting perspective on the global economic pecking order:
Nearly half (47%) of Americans see China as the world’s leading economic power, while 31% say the United States holds that position. As recently as February 2008, the positions of these two countries were reversed: 41% named the U.S., and 30% China as the world’s leading economic power. Few Americans (6%) place the countries of the European … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 13 Jan 2011 01:40 PM PST

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.

USD/JPY was trading at 82.80, down 0.25% at time of writing.

The pair was likely to find support at 82.55, today's low, and resistance at 83.49, Tuesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Analyst Interviews: U.S. Banks Stock Update

Posted: 13 Jan 2011 01:35 PM PST

Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the impact of tighter regulations and policy changes.

After enduring extraordinary shocks in 2008, U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AGNC’s Biz Model To Rock 4Q?

Posted: 13 Jan 2011 01:35 PM PST

American Capital Agency Corp. (NASDAQ:AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), has recently announced the preliminary results for fourth quarter 2010. The company anticipates quarterly earnings (including non-recurring items) to exceed $2.25 per share.
American Capital's fourth quarter results were positively affected by non-recurring net realized and unrealized gains on its … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Central Bank Maintains Lending Rate At 1.00%

Posted: 13 Jan 2011 01:27 PM PST

The European Central Bank maintained the main refinancing operations interest rate at 1.00%, and held the marginal lending facility at 1.75%, and deposit facility at 0.25%. The EU last reported inflation at 2.2% in December, ECB Governor Jean-Claude Trichet noted that rising energy commodity prices had started to impact on headline … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up Toward The End Of U.S. Session

Posted: 13 Jan 2011 01:25 PM PST

Forex Pros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

EUR/USD was trading at 1.3360, up 1.74% at time of writing.

The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3383, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Of England Retains Rate At 0.50%, No Changes To Monetary Policy

Posted: 13 Jan 2011 01:12 PM PST

The Bank of England's Monetary Policy Committee held the main Bank Rate at 0.5%. The Bank also made no changes to the £200 billion asset purchase program. The United Kingdom last reported inflation of 3.3% in November, which is above the Bank’s official inflation target. The full minutes of the monetary policy committee meeting are due to be published at 9.30am on the 26th of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Mixed At Close; Dow Jones Down 0.20%

Posted: 13 Jan 2011 01:10 PM PST

Forex Pros – U.S. stocks were mixed after the closing bell on Thursday.

At the close of U.S. trade, the Dow Jones Industrial Average fell 0.20%, the S&P 500 index shed 0.17%, while the Nasdaq 100 index climbed 0.03%.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was revised up from 409.00K.

Analysts had expected Initial Jobless Claims to fall to 404.00K … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: JPMorgan

Posted: 13 Jan 2011 01:05 PM PST

JPMorgan Chase & Co. (NYSE:JPM) is scheduled to report its fourth quarter and full year 2010 results before the market opens on Friday, January 14, 2011. The Zacks Consensus Estimate for the fourth quarter is $1.00 per share, representing growth of about 35% over the year-ago quarter. For the full year, the Zacks Consensus Estimate stands at $3.85 per share, which implies a growth of about 72% over the prior year.
Improvement in equity markets and a reduction in reserves for future losses … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Novatel MiFi To Face Challenge

Posted: 13 Jan 2011 01:05 PM PST

MiFi, the legendary mobile intelligent hotspots of Novatel Wireless Inc. (NASDAQ:NVTL) is under trouble. Recently, a Bloomberg report forecasted that Verizon Wireless (NYSE:VZ) will soon start selling Apple Inc's (NASDAQ:AAPL) iPad with internal connectivity for its high-speed 3G networks.
As of now, Verizon is selling WiFi only iPads that require MiFi mobile intelligent hotspots. The report is quite surprising as Verizon started selling MiFi installed iPads only over last three months and recently the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Bank Of Mozambique Raised Its Interest Rate 100bps To 16.50%

Posted: 13 Jan 2011 01:04 PM PST

The Bank of Mozambique raised its key lending rate by 100 basis points to 16.5%. The Bank also raised the interest rate paid on deposits by 100 basis points to 5%, and lifted the required reserve rate by 25 basis points to 9%, with the changes coming into effect on the 7th of February 2011. The Bank noted the moves were intended to be counter-cyclical, to mitigate price rises this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Of Korea Raised The 7-day Repo Rate 25bps To 2.75%

Posted: 13 Jan 2011 12:51 PM PST

The central bank in South Korea raised the benchmark seven-day repurchase rate by 25 basis points to 2.75%. The Bank of Korea noted the rising threat of inflation, explaining their expectation of “inflationary pressures to persist and inflation expectations to increase as the economic upswing continues and international commodity prices … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Central Bank Of Latvia Kept The Refinancing Rate At 3.50%

Posted: 13 Jan 2011 12:47 PM PST

The central bank of Latvia maintained its benchmark refinancing rate unchanged at 3.50%. The Bank also kept the 7day deposit facility rate unchanged at 0.375% and the overnight deposit facility rate at 0.25%, and made no adjustments to reserve requirements. The Bank noted there was no significant threats to price stability at this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The U.S. Session

Posted: 13 Jan 2011 12:45 PM PST

Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

GBP/USD was trading at 1.5827, up 0.39% at time of writing.

The pair was likely to find support at 1.5476, Monday's low, and resistance at 1.5884, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was revised … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rating Action On Aetna

Posted: 13 Jan 2011 12:35 PM PST

Following the rating outlook revision to stable from negative for the U.S. Health Insurance and Managed Care sector, the rating agency Fitch Ratings also took rating actions on Aetna Inc. (NYSE:AET), one of the major companies in the space.
The rating actions included the affirmation of Aetna's long-term issuer default rating (IDR) at "A". Moreover the agency reiterated its "AA-" issuer financial strength rating for the company's subsidiaries – Aetna Life Insurance Company, Aetna … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Invesco’s AUM Rises In December

Posted: 13 Jan 2011 12:35 PM PST

On Tuesday, Invesco Ltd. (NYSE:IVZ) reported preliminary assets under management (AUM) of $616.0 billion at the end of December 2010, up 0.8% from $611.1 billion at the end of November. The increase in AUM was primarily attributed to the strengthening of foreign currencies against the U.S. dollar (resulting in an AUM spike of $2.9 billion) and positive returns from financial markets internationally.
However, Invesco's AUM excluding, exchange traded funds (ETFs), Unit Investment Trust (UIT) and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

More Thoughts On Trade Deficit

Posted: 13 Jan 2011 12:35 PM PST

In my earlier post today about the trade deficit (see “Trade Deficit Falls Again”), I argued that one essential step in curing the Trade Deficit is for the dollar to get weaker. (The other essential step is to once and for all start to cure our addiction to imported oil.)

A weaker dollar would make imported goods more expensive, and thus consumers would buy less of them. In some cases people would do without the goods, in others, the imports would be replaced with goods produced here in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Lesson In Trading Intraday Arc Divergences With Dual Timeframes In UUP

Posted: 13 Jan 2011 12:32 PM PST

I always like doing "Step-Inside" analysis with trades and price structure, especially when combined with a known reference level on the higher timeframes.
Let me walk you through a very good recent example of setting up and trading two specific high-probability, low-risk opportunities in the UUP – US Dollar Index EFT (lesson would be the same with the Dollar Futures Contract).
In fact, this type of lesson – divergences, arc patterns, and higher timeframe resistance – is just as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

IFF Expands In Greater Asia

Posted: 13 Jan 2011 12:05 PM PST

International Flavors & Fragrances Inc. (NYSE:IFF) recently announced its plans to invest over $100 million in two new state-of-the-art manufacturing facilities in Greater Asia over the next three years. The facilities will be located in Guangzhou, China and Singapore.
The company, a leading creator and manufacturer of flavors and fragrances meant for consumer products, will primarily use the Guangzhou facility for flavors production while the Singapore facility will be used for both flavor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wright, AlloSource In New Pact

Posted: 13 Jan 2011 12:05 PM PST

International orthopedic devices company Wright Medical (NASDAQ:WMGI) has forged a supply and distribution agreement with Colorado-based leading bone and tissue allografts provider AlloSource for a novel bone graft product dubbed FusionFlex Bone Matrix.
Financial and other terms of the deal have not been divulged by the entities.   
Bone graft is a surgical procedure to place new bone into spaces around a defective/broken bone. The new bone can be obtained from the patient … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up During The U.S. Session

Posted: 13 Jan 2011 12:05 PM PST

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

USD/CAD was trading at 0.9893, up 0.35% at time of writing.

The pair was likely to find support at 0.9848, Wednesday's low, and resistance at 0.9983, Monday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose unexpectedly to a seasonally adjusted 445.00K last week from 410.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Is Still The World’s #1 Manufacturer

Posted: 13 Jan 2011 11:39 AM PST

We hear all the time about the “decline of U.S. manufacturing” (84,000 Google hits) or even more drastically, about “the death of American manufacturing” (15,400 Google hits).

The chart above shows the U.S. share of world manufacturing output, annually from 1970 to 2009, based on data from the United Nations.  There has been a recent decline in America’s share of world manufacturing output, from 25.3% a decade ago in 1999 to 16.82% in 2008, but note several important facts about the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Rallies On Pipeline Shutdown, Stockpile Drop

Posted: 13 Jan 2011 11:20 AM PST

01/13/11 The EIA’s announcement of a drop in crude stockpiles as well as an Alaskan pipeline needing to be halted in order to repair a leak has paved the way for another rise in crude … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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