DailyMarkets.com - How To Play The Current Silver, Gold And Dollar Reversal

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• How To Play The Current Silver, Gold And Dollar Reversal
• Hyperinflation Threat: Will You Be Able To Provide The Basics For Your Family Even If Everyone In Your Family Has A Job?
• German Factory Orders Surge More-than-expected In November
• Forex – EUR/USD Hits 6-day Low After Poor Euro Zone Retail Data
• Forex – GBP/USD Reverses Gains After Weak U.K. Services PMI
• Bill Gross: Fear Mindless U.S. Deficit Spending
• 2011 Risks, According To Ian Bremmer
• Picture Du Jour: Sovereign Credibility And Bank Runs
• Jim Rogers’s Top Bets For 2011
• Laugh Out Loud: Culture Of Power
• Euro Zone Retail Sales Plunge Unexpectedly In November
• Bull And Bear Market Durations
• Colbert Report: Gold Faithful
• Forex – Dollar Consolidates Vs. Swiss Franc As U.S. Jobs Data Eyed
• Forex Trading: Eurozone Retail Sales
• European Stocks Rise On Global Growth Outlook; DAX Up 0.68%
• Forex – USD/JPY Retreats From 2-week High Amid Profit Taking
• U.K. Services PMI Falls More-than-expected In December
• Forex – Dollar Mixed Vs. Rivals Ahead Of U.S. Jobless Claims
• Forex – NZD/USD Eases Off 6-day Low As Commodities Lend Support
• Forex – AUD/USD Falls Back Below Parity On U.S. Growth Hopes
• Forex Trading: Usd/Chf From A Daily Perspective
• ITT Corp Wins Contract
• Forex – GBP/USD Edges Higher Ahead Of U.K. Services PMI
• Swiss CPI Flat In December
• Asia Stocks Broadly Higher On U.S. Recovery; Nikkei Jumps 1.44%
• Forex – EUR/USD Slightly Lower As Dollar Firms Up After Rally
• Australia Building Approvals Fall More-than-expected In November
• Growth & Income Stock: Silgan Holdings Inc.
• Bear Of The Day: Kirkland's, Inc. (KIRK)
• Bull Of The Day: POSCO
• Momentum Stock: Dollar Financial Corp.
• Aggressive Growth Stock: IPC Hospitalist Co.
• Crude Oil Rebounds After Inventories Plunge Yet Again, Gold Falls For A Third Day As Dollar Rallies
• Forex – EUR/USD Down During The Asian Session
• QE2 & Stock Market Breadth Still Question The “Smart Money”
• 8×8 Finds A Path To Profitability In VOIP Land
• Forex – GBP/USD Up During The Asian Session
• Forex – EUR/CHF Up During The Asian Session
• Forex – USD/CHF Up During The Asian Session
• Stock Market & ETF News Update: Bonds Get Crushed (TLT, IEF, SHY)
• Forex – EUR/GBP Down During The Asian Session
• Four ETFs Impacted By Increasing Food Prices
• Let’s Double Down: Will Brad DeLong Accept?
• Forex – USD/JPY Up During The Asian Session
• Forex – USD/CAD Up During The Asian Session
• Forex – AUD/USD Down During The Asian Session
• Forex – EUR/USD Up During The Asian Session
• ASA Staffing Index Ends Year At Record High
• Forex – EUR/JPY Up During The Asian Session

How To Play The Current Silver, Gold And Dollar Reversal Posted: 06 Jan 2011 03:35 AM PST This has been an interesting week for traders and investors as precious metals melt down on the back of a rising dollar. Equities on the other hand bucked the trend and moved higher as they get bought into earning season. Once the earnings start to be released we should see the market get sold on the good numbers and retail traders will buy into the good numbers as the smart money selling their shares while there is liquidity in the market. Speaking of pullbacks, I have been talking … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hyperinflation Threat: Will You Be Able To Provide The Basics For Your Family Even If Everyone In Your Family Has A Job? Posted: 06 Jan 2011 03:30 AM PST Today, millions of American families are extremely stressed out because they are working as hard as they can and yet they find at the end of the month they still haven’t been able to pay all of the bills.  Unfortunately, things are only going to get rougher in the years ahead.  The U.S. government has reached a terminal phase of the debt spiral that it is trapped in, and the only way to keep the system going is to print more money, borrow more money and spend more money.  But won’t … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Factory Orders Surge More-than-expected In November Posted: 06 Jan 2011 03:06 AM PST Forex Pros – German factory orders surged significantly more-than-expected in November, official data showed on Thursday. In a report, Deutsche Bundesbank said factory orders increased by a seasonally adjusted 5.2% in November, after rising by 1.6% in October. Analysts had expected German factory orders to rise by 1.1% in November. The data showed that year-on-year German factory orders rose more-than-expected in November, soaring by 20.6%, after rising by 17.9% in October. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Hits 6-day Low After Poor Euro Zone Retail Data Posted: 06 Jan 2011 03:03 AM PST Forex Pros – The euro extended early losses against the U.S. dollar on Thursday, following official data showing that retail sales in the single currency bloc fell unexpectedly in November. EUR/USD hit 1.3091 during European morning trade, the pair's lowest since December 29; the pair subsequently consolidated at 1.3104, shedding 0.32%. The pair was likely to find support at 1.297, the low of December 1 and an 11-week low and resistance at 1.3238, the high of December 29. Eurostat said … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Reverses Gains After Weak U.K. Services PMI Posted: 06 Jan 2011 02:22 AM PST Forex Pros – Sterling erased early modest gains against the U.S. dollar on Thursday, after a report showing the U.K. services sector contracted unexpectedly in December, marking the first fall in output since April 2009. GBP/USD retreated from 1.5564, the daily high to hit 1.5481 during European morning trade, shedding 0.2%. Cable was likely to find support at 1.5418, the low of December 31 and resistance at 1.5627, Wednesday's high. The Markit/CIPS services purchasing managers’ index … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bill Gross: Fear Mindless U.S. Deficit Spending Posted: 06 Jan 2011 02:16 AM PST Bill Gross, co-founder and co-CIO of PIMCO, is to my mind one of the shrewdest money men around. His monthly Investment Outlook newsletter therefore always makes for thought-provoking reading. The following are a few excerpts from the January report: "The problem is that politicians and citizens alike have no clear vision of the costs of a seemingly perpetual trillion dollar annual deficit. As long as the stock market pulsates upward and job growth continues, there is an abiding conviction … [visit site to read more] or compare Best Credit Cards and Best CD Rates

2011 Risks, According To Ian Bremmer Posted: 06 Jan 2011 02:13 AM PST 2011 is set to be the year in which our understanding of how the world works will change. Ian Bremmer, President of the Eurasia Group, joined CNBC for a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Picture Du Jour: Sovereign Credibility And Bank Runs Posted: 06 Jan 2011 02:12 AM PST Commenting on the European debt situation, the Council on Foreign Relations said: "In the midst of the financial crisis of 2008, governments helped to prevent bank runs by guaranteeing bank debts. Yet as sovereign solvency itself becomes an issue, such guarantees quickly lose their value. If Ireland provides a rule of thumb, bank runs can be expected once sovereign credit default swap yields pass 3%. The graph below shows that when Irish government CDS yields first passed 3% in early 2009, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Jim Rogers’s Top Bets For 2011 Posted: 06 Jan 2011 02:11 AM PST Investor Jim Rogers shares his market views on Indian ET … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Laugh Out Loud: Culture Of Power Posted: 06 Jan 2011 02:11 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Retail Sales Plunge Unexpectedly In November Posted: 06 Jan 2011 02:11 AM PST Forex Pros – Retail sales in the euro zone fell significantly more-than-expected in November, official data showed on Thursday. In a report, Eurostat said retail sales fell by a seasonally adjusted 0.8% in November, compared to a flat reading in October, whose figure was revised down from 0.5%. Analysts had expected retail sales to rise by 0.3% in November. The report showed that year-on-year, retail sales rose less-than-expected, increasing by 0.1% in November, after rising by 1.2% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull And Bear Market Durations Posted: 06 Jan 2011 02:10 AM PST The current bull market that started on March 9, 2009 has been running for 667 calendar days. Bespoke produced an interesting chart, highlighting the lengths of every bull [[green]] and bear [[red]] market of the S&P 500 Index going back to 1928. As shown, the average bull market (915 days) has historically lasted about three times as long as the average bear market (310 days). "Prior to 1940, we saw a number of short market cycles, but since then they've lasted much … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Colbert Report: Gold Faithful Posted: 06 Jan 2011 02:09 AM PST Should the United States return to the gold standard? Congressman Ron Paul and David Leonhardt, economics writer of The New York Times, discuss whether America needs a new currency. A strange clip – nor really funny and also not much of a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Consolidates Vs. Swiss Franc As U.S. Jobs Data Eyed Posted: 06 Jan 2011 02:09 AM PST Forex Pros – The dollar edged slightly higher against the Swiss franc on Thursday, consolidating the previous day's gains, while investors awaited U.S. data on jobless claims. USD/CHF hit 0.9694 during European morning trade, the pair's highest since December 20; the pair subsequently consolidated at 0.9663, gaining 0.05%. The pair was likely to find support at 0.9467, Wednesday's low and resistance at 0.9733, the high of December 16. The ADP jobs report on Wednesday showed a record … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Retail Sales Posted: 06 Jan 2011 02:04 AM PST Eurozone retail sales m/m came in at -0.8%, weaker than the 0.3% expected. Eur/Usd initially sold off to 1.3110 on news but has swiftly rebounded to pre number level of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Rise On Global Growth Outlook; DAX Up 0.68% Posted: 06 Jan 2011 02:04 AM PST Forex Pros – European stocks were up on Thursday, as market sentiment was boosted by hopes of an improving economic environment, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 gained 0.56%, France's CAC 40 jumped 0.56%, while Germany’s DAX added 0.68%. Shares in automakers were broadly higher amid expectations that a global economic recovery would lead to increased auto sales in 2011. Shares in the world's fourth … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Retreats From 2-week High Amid Profit Taking Posted: 06 Jan 2011 01:47 AM PST Forex Pros – The U.S. dollar retreated from a two-week high against the yen on Thursday, as investors sold the greenback to lock in profits after the dollar's biggest one-day rally against the yen in three months. USD/JPY hit 82.88 during European morning trade, the daily low; the pair subsequently consolidated at 83.03, shedding 0.24%. The pair was likely to find support at 82.85, the low of December 24 and resistance at 83.57, the high of December 23. On Wednesday, U.S. data showed … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Services PMI Falls More-than-expected In December Posted: 06 Jan 2011 01:39 AM PST Forex Pros – The service sector in the U.K. fell more-than-expected in December, contracting for the first time since April 2009, data showed on Thursday. In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing Managers Index fell to 49.7 in December, down from 53.0 in November. Analysts had expected the index to decline to 52.9 in December. On the index, a level above 50.0 indicates expansion in the industry, below 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals Ahead Of U.S. Jobless Claims Posted: 06 Jan 2011 01:21 AM PST Forex Pros – The U.S. dollar was mixed against its major rivals on Thursday, amid a sense that expectations for further improvement in U.S. labor conditions were already priced in to markets after Wednesday's surprise ADP payrolls increase. During European morning trade, the greenback was up against the euro, with EUR/USD sliding 0.15% to hit 1.3127. Wednesday's ADP report showed a record 297,000 private-sector jobs were created in the U.S. in December, much stronger than the 100,000 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Eases Off 6-day Low As Commodities Lend Support Posted: 06 Jan 2011 01:02 AM PST Forex Pros – The New Zealand dollar traded higher against its U.S. counterpart on Thursday, easing up from a six-day low as the greenback took a breather after Wednesday's rally. NZD/USD hit 0.7601 during early European trade, the daily high; the pair subsequently consolidated at 0.7585, gaining 0.21%. The pair was likely to find support at 0.7429, the low of December 28 and resistance at 0.768, Wednesday's high. The kiwi was supported by rising commodity prices after severe flooding … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Falls Back Below Parity On U.S. Growth Hopes Posted: 06 Jan 2011 12:41 AM PST Forex Pros – The Australian dollar fell back below parity with its U.S. counterpart on Thursday after a string of better-than-expected U.S. data bolstered hopes that the U.S. economic recovery was broadening. AUD/USD hit 0.9946 during late Asian trade, the pair's lowest since December 21; the pair subsequently consolidated at 0.9982, shedding 0.13%. The pair was likely to find support at 0.9861, the low of December 20 and resistance at 1.0075, Wednesday's high. On Wednesday, U.S. data … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Usd/Chf From A Daily Perspective Posted: 06 Jan 2011 12:37 AM PST Usd/Chf made a new session high at .9692. The has since come off 25 points, not able to gain a stronghold above .9668, which is the 50% fibo of move down from 1.0065 to .9289. From a daily perspective if the pair fails to close above this level it may indicate the first sign of bearishness in the last couple of sessions for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ITT Corp Wins Contract Posted: 06 Jan 2011 12:35 AM PST This article has been unpublished. Walter, need new message.   ITT CORP (ITT): Free Stock Analysis … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Edges Higher Ahead Of U.K. Services PMI Posted: 06 Jan 2011 12:22 AM PST Forex Pros – Sterling edged higher against the U.S. dollar on Thursday, rising to a daily high, as the greenback took a breather following Wednesday's rally spurred by a string of better-than-expected U.S. economic data. GBP/USD hit 1.5541 during late Asian trade, the daily high; the pair subsequently consolidated at 1.553, gaining 0.11%. Cable was likely to find support at 1.5449, Wednesday's low and resistance at 1.5627, Wednesday's high. On Wednesday, U.S. data showed that a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss CPI Flat In December Posted: 06 Jan 2011 12:21 AM PST Forex Pros – Consumer price inflation in Switzerland fell less-than-expected in December, posting a flat reading, official data showed on Thursday. In a report, the Swiss Federal Statistics Office said consumer price inflation was flat at 0.0% in December, after rising by 0.2% in November. Analysts had expected Swiss CPI to fall by 0.2% in December. The report said that the year-on-year rate of inflation rose by 0.5% in December, compared to an increase of 0.2% in November. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Broadly Higher On U.S. Recovery; Nikkei Jumps 1.44% Posted: 05 Jan 2011 11:50 PM PST Forex Pros – Asian stocks were broadly higher on Thursday, as market sentiment was boosted by renewed optimism over the U.S. economic recovery, while shares in Japanese exporters performed strongly.  During late Asian trade, Hong Kong’s Hang Seng Index gained 0.13%, South Korea’s Kospi Composite shed 0.24%, while Japan's Nikkei 225 Index jumped 1.44%. The Nikkei's gains came as shares in many of the big name Japanese exporters advanced as a stronger U.S. dollar boosted earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Slightly Lower As Dollar Firms Up After Rally Posted: 05 Jan 2011 11:37 PM PST Forex Pros – The euro was slightly lower against the U.S. dollar on Thursday as the greenback consolidated gains after rallying more than 1.2% against the single currency on Wednesday. EUR/USD hit 1.3131 during late Asian trade, a daily low, the pair subsequently consolidated at 1.3146, dipping 0.02%. The pair was likely to find short-term support at 1.3054, the low of December 23 and resistance at 1.3324, Wednesday's high. Wednesday's ADP report showed a record 297,000 private-sector … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australia Building Approvals Fall More-than-expected In November Posted: 05 Jan 2011 11:16 PM PST Forex Pros – The number of new building approvals issued in Australia fell more-than-expected in November, official data showed on Thursday. In a report, the Australian Bureau of Statistics said new building approvals issued fell by a seasonally adjusted 4.2% in November, after jumping by 8.3% in October, whose figure was revised down from 9.3%. Analysts had expected new building approvals issued to fall by 3.5% in November. The data showed that year-on-year, new building approvals issued … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Silgan Holdings Inc. Posted: 05 Jan 2011 11:05 PM PST Silgan Holdings Inc. (NASDAQ:SLGN) is one of those companies that you’ve probably never heard of, yet you use their products all the time. The company manufactures metal and plastic consumer goods packaging products, so that metal can containing your soup, peas, or dog food or that plastic container holding your shampoo could have came from Silgan. The company has recently seen earnings estimates rise despite an earnings miss in the third quarter. The Zacks Consensus Estimate currently calls for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Kirkland's, Inc. (KIRK) Posted: 05 Jan 2011 11:05 PM PST Kirkland’s, Inc. (NASDAQ:KIRK) again reported weak third-quarter 2011 results with earnings of $0.11, which was below the Zacks Consensus Estimate by a penny. The company’s healthy balance sheet supports its investment to bring about a better merchandise mix in its stores. However, the company’s susceptibility to the global economic downturn, coupled with stiff competition, severely undermines the company’s future growth prospects and profitability. Our long-term Underperform recommendation on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: POSCO Posted: 05 Jan 2011 11:05 PM PST POSCO (NYSE:PKX) remains well positioned to benefit from a wide regional diversification and a higher proportion of value-added products in its product mix over the longer term. Expectations of higher exports and lower imports of steel in Korea is encouraging for Korean steel companies, apart from fears of rising competition among local players. Moreover, POSCO’s joint venture with Krakatau Steel, new processing facility in China and stake acquisition in Australia’s iron ore and coal mines will … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Dollar Financial Corp. Posted: 05 Jan 2011 11:05 PM PST Dollar Financial Corp. (NASDAQ:DLLR) has been grinding higher for the last 4 months, recently hitting a new multi-year high at $32.47 on another strong quarter from late October that included a 20% increase in revenue. With a bullish next-year estimate and average earnings surprise of 18% over the last four quarters, this Zacks #1 rank stock has a fist full of momentum. Company Description Dollar Financial Corp. provides retail financial services to unbanked and underbanked consumers. The company … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: IPC Hospitalist Co. Posted: 05 Jan 2011 11:05 PM PST IPC The Hospitalist Co (NASDAQ:IPCM) analysts are raising their outlooks as the company continues to snap up smaller companies. Growth rates are looking good and are trading at a decent value for this Zacks #1 Rank (Strong Buy). Company Description IPC The Hospitalist is a physician group practice company that provides hospitalist medicine and other facility-based services. The company practices in acute, sub-acute and long-term care settings. Net Income Jumps 31% While the latest quarterly report … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Rebounds After Inventories Plunge Yet Again, Gold Falls For A Third Day As Dollar Rallies Posted: 05 Jan 2011 10:51 PM PST Commodities – Energy Crude Oil Rebounds after Inventories Plunge Yet Again Crude Oil (WTI) – $90.29 // $0.01 // 0.01% Commentary: Crude oil added $0.92, or 1.03%, to settle at $90.30, reversing earlier losses that took the commodity as low as $88.10. The news flow for the day was across the board positive. U.S. ISM Non-Manufacturing Composite for December came in at 57.1, above the 55.7 expected and at the highest level since 2006. We also received the ADP estimate for growth in the labor … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 05 Jan 2011 10:20 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3142, down 0.06% at time of writing. The pair was likely to find support at 1.3127, Wednesday's low, and resistance at 1.3432, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8473 and EUR/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

QE2 & Stock Market Breadth Still Question The “Smart Money” Posted: 05 Jan 2011 10:05 PM PST The 'smart money' has been calling for a correction for over six weeks now, often citing extended sentiment to build their case. We looked at sentiment recently and agree it raises yellow flags that need to be respected, but sentiment alone is not a reason to head for the exits (yet). On the Fed front, here is Bloomberg's read of yesterday's Fed minutes: Federal Reserve officials signaled they'll probably push ahead with unprecedented stimulus until the recovery strengthens … [visit site to read more] or compare Best Credit Cards and Best CD Rates

8×8 Finds A Path To Profitability In VOIP Land Posted: 05 Jan 2011 09:51 PM PST 8×8 Inc. (NASDAQ:EGHT) offers a variety of telecommunications services for IP, telephony and video applications. This includes web based conferencing, unified communications services and thanks to a recent acquisition, managed hosting and cloud based computing. The company has been shifting to an enterprise focus from a residential one where it has found a more solid growth opportunity. Recently, losses from the residential side have masked the very substantial gains on the business and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The Asian Session Posted: 05 Jan 2011 09:50 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday. GBP/USD was trading at 1.5515, up 0.01% at time of writing. The pair was likely to find support at 1.5434, Monday's low, and resistance at 1.5646, Tuesday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8475 and GBP/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Up During The Asian Session Posted: 05 Jan 2011 09:20 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2708, up 0.04% at time of writing. The pair was likely to find support at 1.2415, Monday's low, and resistance at 1.2726, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.05% to hit 1.3143 and EUR/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The Asian Session Posted: 05 Jan 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.9664, up 0.04% at time of writing. The pair was likely to find support at 0.9321, Monday's low, and resistance at 0.9686, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.05% to hit 1.3143 and USD/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market & ETF News Update: Bonds Get Crushed (TLT, IEF, SHY) Posted: 05 Jan 2011 08:25 PM PST Bonds were crushed today while equity markets moved higher today in response to better than expected news on the employment front with the ADP December index showing a gain of 279,000 versus 92,000 previously and the December ISM at 57.1 versus 55 prior. The FOMC meeting showed the Fed sticking to their QE2 plans while world food prices spiked to a record high and now stand at levels that triggered riots in the emerging world in 2008. Interest continued their recent rise and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 05 Jan 2011 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Thursday. EUR/GBP was trading at 0.8474, down 0.02% at time of writing. The pair was likely to find support at 0.8467, today's low, and resistance at 0.8647, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.06% to hit 1.3142 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Four ETFs Impacted By Increasing Food Prices Posted: 05 Jan 2011 08:18 PM PST The global price of food continues to increase illustrated by the United Nations Food and Agriculture Organization's monthly food price index rising to 214.7, the sixth consecutive month that the index has risen as supply and demand  imbalances continue to take their toll on food prices.  Demand for food continues to rise as wealth in developing nation like China, India and Brazil has elevated food consumption as consumers in these nations starve of their traditional eating habits … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Let’s Double Down: Will Brad DeLong Accept? Posted: 05 Jan 2011 07:42 PM PST I had the distinction of recently being nominated by UC-Berkeley economist Brad DeLong as the “stupidest man alive,” but I’m in good company with fellow nominees NY Times science writer John Tierney and George Mason economist Don Boudreaux.  It should be noted that John Tierney might be “stupid,” but he is now a little richer thanks to his “stupidity,” having just won a $5,000 bet on the price of oil.  Perhaps my stupidity will pay off that handsomely someday? It should also be noted … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During The Asian Session Posted: 05 Jan 2011 07:40 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 83.26, up 0.01% at time of writing. The pair was likely to find support at 80.94, Monday's low, and resistance at 83.39, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.10% to hit 1.3137 and GBP/USD falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up During The Asian Session Posted: 05 Jan 2011 07:10 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9963, up 0.07% at time of writing. The pair was likely to find support at 0.9888, Monday's low, and resistance at 1.0034, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.12% to hit 1.3134 and GBP/USD falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The Asian Session Posted: 05 Jan 2011 06:30 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 0.9981, down 0.15% at time of writing. The pair was likely to find support at 0.9961, Wednesday's low, and resistance at 1.0225, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.10% to hit 1.3170 and AUD/JPY falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 05 Jan 2011 06:05 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3152, up 0.02% at time of writing. The pair was likely to find support at 1.3127, Wednesday's low, and resistance at 1.3432, Tuesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.04% to hit 0.8479 and EUR/JPY rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ASA Staffing Index Ends Year At Record High Posted: 05 Jan 2011 05:59 PM PST The American Staffing Association reported that its weekly Staffing Index of contract and temporary employment demand ended the year at 92 for the week ending 12/26/2010, which is 19.5% higher than the same week last year, 26% higher than the comparable week in 2008, 6% higher than the same week in 2007 and 11% higher than … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During The Asian Session Posted: 05 Jan 2011 05:35 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Thursday. EUR/JPY was trading at 109.58, up 0.10% at time of writing. The pair was likely to find support at 107.80, Monday's low, and resistance at 110.24, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.05% to hit 1.3157 and EUR/GBP rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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