DailyMarkets.com - The More Americans That Go On Food Stamps, The More Money JP Morgan Makes

---

• The More Americans That Go On Food Stamps, The More Money JP Morgan Makes
• Hot Stocks To Watch On Wednesday: Citigroup, Apple, IBM, Pfizer, Mosaic, UBS, Repsol
• Forex – EUR/GBP Extends Gains After Mixed U.K. Jobs Data
• Forex – GBP/USD Pares Gains After Mixed U.K. Employment Data
• Forex – USD/CHF Slides To Daily Low As Franc Tracks Euro Higher
• U.K. Claimant Count Change Falls More-than-expected In December
• Nokia Siemens Looses To China Gaint
• Nokia Siemens Looses To China Gaint
• European Stocks Mixed As Lenders Decline; DAX Up 0.05%
• Euro Zone Current Account Deficit Widens Unexpectedly
• Forex Trading: Euro Current Account Deficit Came In At 11.2B
• Forex – Dollar Down Across The Board As Risk Appetite Sharpens
• Forex – GBP/USD Trading Close To 8-week High Ahead Of U.K. Data
• Forex – Broadly Weaker Dollar Tumbles To 10-day Low Against Yen
• Forex Trading: EUR/USD Re-Testing Highs
• Fed “consistently And Repeatedly Messes Up Everything,” Says Faber
• Forex – NZD/USD Hits 12-day High As Risk Appetite Sharpens
• Technical Talk: What To Do, What To Do?
• Charting The Asian Markets, With Robin Griffiths
• Forex – AUD/USD Rallies Back Above Parity As Commodities Rise
• Stock Market On A Razor’s Edge
• Asia Stocks Advance As Tech Shares Rise; Nikkei Up 0.36%
• Another Bric In The Wall
• Forex – EUR/USD Extends Rally, Hits 1-month High
• Australia’s Westpac Consumer Sentiment Drops In January
• Japanese Tertiary Industry Activity Rises In Line With Expectations
• Singapore Stock Market Update For Wednesday 19 January
• Momentum Stock: OpenTable, Inc.
• Growth & Income Stock: Corn Products International, Inc.
• Aggressive Growth Stock: Silver Wheaton
• Bear Of The Day: Genworth Financial (GNW)
• Bull Of The Day: Applied Materials, Inc. (AMAT)
• Southern Europeans Are Not Lazy!
• Forex – EUR/USD Up During The Asian Session
• China Must Match Foreign Policy To Global Role
• Laugh Out Loud: Alternative Energy Roulette
• Forex – GBP/USD Up During The Asian Session
• Forex – EUR/CHF Up During The Asian Session
• Keeping A Wide View On The Rand After All
• Inflation Titans Marshalling 2011 Forces
• Crude Oil Rises On Demand Outlook, Gold Continues To Hold Support
• Forex – USD/CHF Down During The Asian Session
• Blending Global Macro Economic Research And Technical Analysis With Jason Priest, CFA
• Forex – EUR/GBP Up During The Asian Session
• Architecture Billings Index Continues Positive Momentum, Reaches Pre-Recession Level In Dec.
• Forex – USD/JPY Down During The Asian Session
• Forex – USD/CAD Down During The Asian Session
• MasterCard Counts On China
• MasterCard Counts On China
• NYC Office Rent Up Post Slump
• NYC Office Rent Up Post Slump
• Stock Market Summary For Tuesday, January 18, 2011
• Forex – AUD/USD Up During The Asian Session
• Forex – EUR/USD Up During The Asian Session
• If It Sounds Too Good To Be True…
• Hard At Work On A New Strategy
• Forex – EUR/JPY Up During The Asian Session
• Morning News Notes: 1.18.11

The More Americans That Go On Food Stamps, The More Money JP Morgan Makes Posted: 19 Jan 2011 03:35 AM PST JP Morgan (NYSE:JPM) is the largest processor of food stamp benefits in the United States.  JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia.  JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes.  Yes, you read that correctly.  When the number of Americans on food stamps goes up, JP Morgan makes more money.  In the video posted below, JP … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Stocks To Watch On Wednesday: Citigroup, Apple, IBM, Pfizer, Mosaic, UBS, Repsol Posted: 19 Jan 2011 03:19 AM PST Volkswagen – Co is in talks with its Chinese partners about developing a local brand small car for under EUR 8,000. In other news, Qatar will take part in Porsche's planned EUR 5bln capital increase in order to uphold its current shareholding of 10%. (Handelsblatt/ FT Deutschland) UK BHP Billiton (NYSE:BHP) – There was market talk that co. is interested in acquiring Stillwater Mining, for around USD 34-38/share. (b4thestreet.com) Pearson – Co. raised guidance for 2010, and said … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Extends Gains After Mixed U.K. Jobs Data Posted: 19 Jan 2011 03:09 AM PST Forex Pros – The euro extended gains against the pound on Wednesday, advancing to a three day high, following the release of mixed U.K. employment data. EUR/GBP hit 0.8439 during European morning trade, the pair's highest since January 14; the pair subsequently consolidated at 0.8426, gaining 0.46%. The pair was likely to find support at 0.833, Tuesday's low and resistance at 0.8491, the high of January 4. The Office for National Statistics said the number of people claiming jobless … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Pares Gains After Mixed U.K. Employment Data Posted: 19 Jan 2011 02:50 AM PST Forex Pros – The pound pared gains against the U.S. dollar on Wednesday, retreating from the daily high, following the release of mixed U.K. employment data. GBP/USD retreated from 1.6038 the daily high, to hit 1.5976 during European morning trade, gaining 0.09%. Cable was likely to find support at 1.5949, the day's low and short-term resistance at 1.6058, Tuesday's high and an eight week high. The Office for National Statistics said the number of people claiming jobless benefit fell … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Slides To Daily Low As Franc Tracks Euro Higher Posted: 19 Jan 2011 02:35 AM PST Forex Pros – The Swiss franc tracked the euro higher against the U.S. dollar on Wednesday, as increased risk appetite lifted the single currency and dampened demand for the dollar. USD/CHF hit 0.957 during European morning trade, the daily low; the pair subsequently consolidated at 0.9585, shedding 0.49%. The pair was likely to find support at 0.955, Tuesday's low and resistance at 0.9655, Tuesday's high. Tuesday's surge in German investor sentiment and successful short-term debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Claimant Count Change Falls More-than-expected In December Posted: 19 Jan 2011 01:42 AM PST Forex Pros – The number of people claiming unemployment benefits in the U.K. fell significantly more-than-expected in December, official data showed on Wednesday. In a report, the U.K. Office for National Statistics said that the claimant count fell by a seasonally adjusted 4,100 in December, after falling by 3,200 in November, whose figure was revised from a decline of 1,200. Analysts had expected the claimant count to fall by 1,400 in December. Meanwhile, the rate of unemployment was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nokia Siemens Looses To China Gaint Posted: 19 Jan 2011 01:35 AM PST Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI) recently suffered a huge setback in the Nordic region. TeliaSonera AB, the pioneer telecom carrier in the world to install next-generation (4G) Long Term Evolution (LTE) wireless networks, has decided to replace all 2G and 3G network equipments it installed through Nokia Siemens Network in Norway with new infrastructures from LM Ericsson AB (NASDAQ:ERIC) and Huawei Technologies Co. Ltd. The recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nokia Siemens Looses To China Gaint Posted: 19 Jan 2011 01:35 AM PST Nokia Siemens Networks (NSN), a 50-50 joint venture between Nokia Corp. (NYSE:NOK) and Siemens AG (NYSE:SI) recently suffered a huge setback in the Nordic region. TeliaSonera AB, the pioneer telecom carrier in the world to install next-generation (4G) Long Term Evolution (LTE) wireless networks, has decided to replace all 2G and 3G network equipments it installed through Nokia Siemens Network in Norway with new infrastructures from LM Ericsson AB (NASDAQ:ERIC) and Huawei Technologies Co. Ltd. The recent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Mixed As Lenders Decline; DAX Up 0.05% Posted: 19 Jan 2011 01:35 AM PST Forex Pros – European stock markets were mixed on Wednesday, as losses in the financial sector offset gains in insurers, while U.S. futures indexes pointed to a mixed open on Wall Street. During European morning trade, the EURO STOXX 50 slumped 0.11%, France's CAC 40 shed 0.07%, while Germany’s DAX was up 0.05%. Shares in the financial sector were broadly lower ahead of a Portuguese debt auction of EUR750 million to be held later in the day. Spain's largest lender Banco Santander … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Current Account Deficit Widens Unexpectedly Posted: 19 Jan 2011 01:06 AM PST Forex Pros – The euro zone current account deficit widened unexpectedly in November, official data showed on Wednesday. In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted deficit of EUR11.2 billion in November, after recording a deficit of EUR9.6 billion in October, whose figure was revised down from a deficit of EUR9.8 billion. Economists had expected the current account deficit to narrow to EUR9.3 billion in November. The report … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Current Account Deficit Came In At 11.2B Posted: 19 Jan 2011 01:03 AM PST The EUR traded lower on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Down Across The Board As Risk Appetite Sharpens Posted: 19 Jan 2011 12:59 AM PST Forex Pros – The U.S. dollar was down against all of its major counterparts on Wednesday, as concerns over the euro zone sovereign debt crisis eased and strong data out of the euro zone and the U.K. boosted sentiment. During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.52% to hit 1.3456. On Tuesday, the ZEW Centre for Economic Research said its index of German economic sentiment jumped to a six-month high in January while successful short-term debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Trading Close To 8-week High Ahead Of U.K. Data Posted: 19 Jan 2011 12:47 AM PST Forex Pros – The pound was higher against its U.S. counterpart on Wednesday, trading close to an eight week high ahead of the release of U.K. employment data. GBP/USD hit 1.6038 during European morning trade, the daily high; the pair subsequently consolidated at 1.6013, gaining 0.31%. Cable was likely to find support at 1.5949, the day's low and short-term resistance at 1.6058, Tuesday's high and an eight week high. The pound was supported after a report released Tuesday showed that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Broadly Weaker Dollar Tumbles To 10-day Low Against Yen Posted: 19 Jan 2011 12:30 AM PST Forex Pros – The dollar tumbled to a ten day low against the yen on Wednesday, after being set at a record low against the yuan ahead of talks between the U.S. and Chinese presidents. USD/JPY hit 82.02 during late Asian trade, the pair's lowest since January 5; the pair subsequently consolidated at 82.1, shedding 0.54%. The pair was likely to find support at 81.87, the low of January 5 and resistance at 82.82, Tuesday's high. Earlier in the day, China set the dollar’s central parity … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EUR/USD Re-Testing Highs Posted: 19 Jan 2011 12:06 AM PST Seen below the EUR/USD has been trading continually higher after testing trend line support on January 10th. With the session high of 1.3506, the pair re-tests the December 14th high which has not seen a close higher since November 22nd. A close above this level may be a bullish signal for the pair in which case the next topside target on the daily perspective would be 1.35565; an old support level. If selling occurs against this level, the first downside target would be … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Fed “consistently And Repeatedly Messes Up Everything,” Says Faber Posted: 19 Jan 2011 12:05 AM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. Chris Martenson, is an economic researcher and futurist, and creator of the widely-viewed video seminar, The Crash Course, has just conducted a wide-ranging interview with famed investor Marc Faber, author of the Gloom Boom & Doom Report, as reported by Business Insider – Clusterstock. "If there's one institution in the US that consistently and repeatedly messes up everything, the Federal … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Hits 12-day High As Risk Appetite Sharpens Posted: 19 Jan 2011 12:03 AM PST Forex Pros – The New Zealand dollar rallied to a 12-day high against its U.S. counterpart on Wednesday, boosted by a broadly weaker U.S. dollar and rising commodity prices. NZD/USD hit 0.7766 during late Asian trade, the pair's highest since January 3; the pair subsequently consolidated at 0.7761, gaining 0.57%. The pair was likely to find support at 0.7692, Tuesday's low and resistance at 0.7813, the high December 31, and a one month high. Earlier in the day, Fonterra Co-Operative … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Technical Talk: What To Do, What To Do? Posted: 19 Jan 2011 12:00 AM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. The comments below were provided by Kevin Lane of Fusion IQ. "If you don't create change, change will create you." Mahatma Ghandi This remains the million dollar question as there are plausible arguments for both the bulls and the bears. The bears will argue that geopolitical risks (the PIIGS) still exist, inflation is coming on fast and bullish sentiment is rampant. Bulls will counter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Charting The Asian Markets, With Robin Griffiths Posted: 18 Jan 2011 11:55 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. "The story is bearish in the short term but ultimately that will set up the best buying opportunity since the Olympic Games in Beijing," said Robin Griffiths, technical strategist at Cazenove Capital, about the Shanghai Composite Index. In related news, Goldman Sachs has issued a short-term alert on China and India over inflation fears (via Investment Week). Charting the Asian markets, with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Rallies Back Above Parity As Commodities Rise Posted: 18 Jan 2011 11:52 PM PST Forex Pros – The Australian dollar rallied back above parity with its U.S. counterpart on Wednesday, lifted by rising commodity prices and shrugging off a report showing worsening consumer sentiment in the country. AUD/USD hit 1.0066 during late Asian trade, the pair's highest since January 5; the pair subsequently consolidated at 1.0054, gaining 0.62%. The pair was likely to find support at 0.9961, the days low and resistance at 1.017, the high of January 4. Earlier in the day, a report … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market On A Razor’s Edge Posted: 18 Jan 2011 11:50 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. The post below is a quest contribution by Alexander Elder, trader and author of many books, including "Trading for a living" and "Come into my trading room". The market keeps going up, unstoppable like an Energizer bunny. As you may know, I consider the New High-New Low Index to be one of the best if not the best leading indicator of the stock market. January is a good time to review what … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Advance As Tech Shares Rise; Nikkei Up 0.36% Posted: 18 Jan 2011 11:50 PM PST Forex Pros – Asian stocks were broadly higher on Wednesday, as shares in the technology sector were boosted by upbeat earnings reports from Apple and IBM, while shares in the energy sector gained as crude oil prices hovered near a two year high. During late Asian trade, Hong Kong’s Hang Seng Index jumped 0.90%, South Korea’s Kospi Composite surged 0.92%, while Japan's Nikkei 225 Index was up 0.36%. On Tuesday, consumer electronics giant Apple and International Business Machines, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Another Bric In The Wall Posted: 18 Jan 2011 11:45 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. Mikt (Mexico, Indonesia, [[South]] Korea and Turkey) is supposed to be a helpful follow-up to Goldman Sachs' hugely successful Brics concept. Lex's Edward Hadas and John Authers discuss whether the new acronym will have the same magic. Click here or on the image below to view the video. Another Bric in the wall was first posted on January 19, 2011 at 9:45 am. ©2011 “Investment Postcards from … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Extends Rally, Hits 1-month High Posted: 18 Jan 2011 11:29 PM PST Forex Pros – The euro extended gains against the U.S. dollar on Wednesday, hitting a one month high as strong European economic data and easing euro-zone debt worries saw risk appetite sharpen. EUR/USD hit 1.3488 during late Asian trade, the pair's highest since December 14; the pair subsequently consolidated at 1.3471, gaining 0.64%. The pair was likely to find support at 1.3252, Tuesday's low and short-term resistance at 1.3497, the high of December 14. On Tuesday, the ZEW Centre for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australia’s Westpac Consumer Sentiment Drops In January Posted: 18 Jan 2011 11:26 PM PST Forex Pros – Australia's Westpac consumer sentiment index tumbled in January, dropping to a seven month low, data showed on Wednesday. In a report, Westpac Banking Corporation said that its consumer sentiment index plunged by 5.7% in January, after rising by 0.2% in December. On the index, Westpac consumer sentiment declined to 104.6 in January, down from 111.0 in the preceding month. According to the data, consumer sentiment was weighed heavily by severe floods in the country during the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Japanese Tertiary Industry Activity Rises In Line With Expectations Posted: 18 Jan 2011 11:20 PM PST Forex Pros – Japan's Tertiary Industry Activity index rose in line with expectations in November, official data showed on Wednesday. In a report, Japan's Ministry of Economy, Trade and Industry said that its Tertiary Industry Activity index rose by 0.6% in November, after rising by 0.3% in October, whose figure was revised down from 0.5%. Following the release of the data, the yen was up against the U.S. dollar, with USD/JPY shedding 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Wednesday 19 January Posted: 18 Jan 2011 11:19 PM PST Morning Highlights Singapore market started unchanged but rose slightly higher at midday. 3 New IPOs: IPO : XMH holdings Ltd IPO Size : 100.95 million IPO Price : $0.25 Corporate Profile : "A DIESEL ENGINE, PROPULSION AND POWER ENERATING SOLUTIONS PROVIDER IN THE MARINE AND INDUSTRIAL SECTORS Commence Trading : 26th Jan on Mainboard IPO : Zhongmin Baihui Retail Group Ltd IPO Size : 30 million (only for placement) IPO Price : $0.30 Corporate Profile : We are principally engaged in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: OpenTable, Inc. Posted: 18 Jan 2011 11:05 PM PST OpenTable, Inc. (OPEN) just hit a new all-time high at $82.70 after posting an impressive Q3 earnings surprise of 90% in early November. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock offers three courses of momentum. Company Description OpenTable, Inc., together with subsidiaries, provides restaurant reservation solutions both domestically and internationally. The company was founded in 1998 and has a market cap of $1.5 billion. Although OPEN has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Corn Products International, Inc. Posted: 18 Jan 2011 11:05 PM PST With sugar prices soaring, corn sweeteners have become comparatively more attractive. That is good news for Corn Products International, Inc. (NYSE:CPO), a leading corn refiner. The company recently delivered its sixth consecutive positive earnings surprise, and management revised its guidance higher for 2010. Although the stock has soared over the last six months, valuation remains in check as analysts continue to raise their estimates. Strong Emerging Market Growth Corn Products International … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Silver Wheaton Posted: 18 Jan 2011 11:05 PM PST Silver Wheaton (NYSE:SLW) is expected to double its earnings for each of the next 2 years. If you are looking for some unhedged exposure to silver, this Zacks #1 Rank (Strong Buy) could be for you. Company Description Silver Wheaton is the worlds largest metals streaming company in the world. The company has 16 precious metal purchase agreements, 14 of which are silver. SLW does not hedge its long-term exposure. Record Earnings On Nov 8 Silver Wheaton announced record earnings of $69.2 million, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Genworth Financial (GNW) Posted: 18 Jan 2011 11:05 PM PST We are downgrading Genworth Financial (NYSE:GNW) to Underperform due to higher year-over-year losses at the U.S. Mortgage Insurance segment as well as weak results at Retirement and Protection and at International. Genworth’s third-quarter results also fell short of the Zacks Consensus Estimate. We expect the elevated unemployment rate will continue pressuring its mortgage insurance business. Though the business is showing signs of improvement, the line is still experiencing losses. Additionally, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Applied Materials, Inc. (AMAT) Posted: 18 Jan 2011 11:05 PM PST Applied Materials (NASDAQ:AMAT) is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. Applied’s product breadth, strong position in China, improving trends across served markets, new design wins, market share gains, management execution and solid financials are the reasons for our positive opinion on the shares. Management’s decision to discontinue the thin film business also makes sense, in our opinion. Although it is apparent that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Southern Europeans Are Not Lazy! Posted: 18 Jan 2011 11:00 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. This chart below, courtesy of Société Générale (via Business Insider – Clusterstock) shows the gaps in labor utilization and labor productivity eurozone members need to make up in order to reach U.S. GDP per capita. The labor utilization number measures hours worked, while the labor productivity rate measures what's produced. "According to this chart, Portugal and Greece are actually working … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 18 Jan 2011 10:20 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3475, up 0.66% at time of writing. The pair was likely to find support at 1.3245, Monday's low, and resistance at 1.3484, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.21% to hit 0.8406 and EUR/JPY rising 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

China Must Match Foreign Policy To Global Role Posted: 18 Jan 2011 10:00 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. Academic Yan Xuetong says China must adapt its "low profile" foreign policy to its increasing global role. The director of the Institute of International Studies at Tsinghua University tells FT's China bureau chief Geoff Dyer that, because of their nuclear weapons, there is no danger of war between the US and China, and that the tensions in 2010 between China and other Asian countries were … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Laugh Out Loud: Alternative Energy Roulette Posted: 18 Jan 2011 09:58 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. Laugh out Loud: Alternative energy roulette was first posted on January 19, 2011 at 7:58 am. ©2011 “Investment Postcards from Cape Town”. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at wordpress@investmentpostcards.com Feed enhanced by the Add To Feed Plugin by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The Asian Session Posted: 18 Jan 2011 09:50 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.6022, up 0.37% at time of writing. The pair was likely to find support at 1.5810, Friday's low, and resistance at 1.6059, Tuesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.23% to hit 0.8408 and GBP/JPY falling 0.05% 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: 18 Jan 2011 09:20 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Wednesday. EUR/CHF was trading at 1.2905, up 0.06% at time of writing. The pair was likely to find support at 1.2774, Tuesday's low, and resistance at 1.2952, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.46% to hit 1.3448 and EUR/JPY rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Keeping A Wide View On The Rand After All Posted: 18 Jan 2011 09:01 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. By Cees Bruggemans, Chief Economist of FNB. Traditionally I have kept a wide (200 cent) view on the Rand's one-year trading range (because that's the kind of movement history has regularly shown) and an open mind on the outcome of crises. This past week both these traditions converged with a vengeance. Barely had I opened the 2011 innings with the suggestion of a 100 cent Rand band (6-7:$ and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Inflation Titans Marshalling 2011 Forces Posted: 18 Jan 2011 09:00 PM PST Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog. By Cees Bruggemans, Chief Economist of FNB. Having dipped as low as 3.2%, CPI inflation has already been rising for two months back to 3.6%, with forecasts of 4.5% this year and 5.5% next year. This, though, is a 'risk-free' scenario, discounting some base effects boosting inflation higher in 2011, and assuming a 'neutral' Rand above 7:$ and 9:€, mostly 'benign' food inflation as … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Rises On Demand Outlook, Gold Continues To Hold Support Posted: 18 Jan 2011 08:51 PM PST Commodities – Energy Crude Oil Rises on Demand Outlook Crude Oil (WTI) – $91.51 // $0.13 // 0.14% Commentary: WTI fell $0.16, or 0.17%, on Monday to settle at $91.38, while Brent added $0.37, or 0.38%, to settle at $97.80. News that the Trans-Alaska pipeline was restarted led to modest selling initially, but prices rebounded to settle near 26-month highs. U.S. equity markets followed a similar pattern, selling off initially on profit taking and bad news related to tech giant Apple, but then … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Down During The Asian Session Posted: 18 Jan 2011 08:50 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday. USD/CHF was trading at 0.9600, down 0.36% at time of writing. The pair was likely to find support at 0.9553, 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 0.43% to hit 1.3445 and USD/JPY falling 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Blending Global Macro Economic Research And Technical Analysis With Jason Priest, CFA Posted: 18 Jan 2011 08:47 PM PST Note: This interview was conducted on December 28th, 2010. "Opportunities and risks arise because markets are prone to the excesses of crowd behaviour" says portfolio manager Jason Priest of J. Priest Investment Management. As a result the efficiency and rationality of capital markets is thrown out of balance creating opportunities for loss or gain. While portfolio managers like Jason get paid to have their finger on the pulse of the capital markets, they can't always be right. In fact … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Up During The Asian Session Posted: 18 Jan 2011 08:20 PM PST Forex Pros – The Euro was higher against the British Pound on Wednesday. EUR/GBP was trading at 0.8396, up 0.09% at time of writing. The pair was likely to find support at 0.8332, Tuesday's low, and resistance at 0.8498, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.39% to hit 1.3439 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Architecture Billings Index Continues Positive Momentum, Reaches Pre-Recession Level In Dec. Posted: 18 Jan 2011 08:11 PM PST Washington, D.C. – January 19, 2010 – “On the heels of its highest mark since 2007, the Architecture Billings Index (ABI) jumped more than two points in December. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the December ABI score was 54.2, up from a reading of 52.0 the previous month. This score reflects an … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 18 Jan 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday. USD/JPY was trading at 82.24, down 0.38% at time of writing. The pair was likely to find support at 82.13, today's low, and resistance at 83.06, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.3450 and GBP/USD rising 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The Asian Session Posted: 18 Jan 2011 07:10 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday. USD/CAD was trading at 0.9907, down 0.05% at time of writing. The pair was likely to find support at 0.9838, Tuesday's low, and resistance at 0.9978, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.45% to hit 1.3447 and GBP/USD rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MasterCard Counts On China Posted: 18 Jan 2011 07:05 PM PST Expanding its presence in high-growth China, MasterCard Inc. (NYSE:MA) plans to enhance its partnership with China UnionPay and penetrate the debit card market in the region, according to Reuters. China UnionPay is the sole bank card transaction processing company in the region. UnionPay is the biggest card company globally in terms of card issuance and the second largest brand in the Asia-Pacific region in terms of transaction volume, thereby beating the oldest and globally renowned competitors … [visit site to read more] or compare Best Credit Cards and Best CD Rates

MasterCard Counts On China Posted: 18 Jan 2011 07:05 PM PST Expanding its presence in high-growth China, MasterCard Inc. (NYSE:MA) plans to enhance its partnership with China UnionPay and penetrate the debit card market in the region, according to Reuters. China UnionPay is the sole bank card transaction processing company in the region. UnionPay is the biggest card company globally in terms of card issuance and the second largest brand in the Asia-Pacific region in terms of transaction volume, thereby beating the oldest and globally renowned competitors … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NYC Office Rent Up Post Slump Posted: 18 Jan 2011 07:05 PM PST According to a research report by Cushman & Wakefield, a privately held commercial real estate services firm, office rents in Manhattan has increased in fourth quarter 2010 – the first of its kind since recession that had pushed several companies into bankruptcy. Rents sought by landlords increased to $54.34 per square foot at year-end 2010 from $53.80 in  the third quarter. About 7.5 million square feet of office space were leased during the quarter in the region –  maximum … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NYC Office Rent Up Post Slump Posted: 18 Jan 2011 07:05 PM PST According to a research report by Cushman & Wakefield, a privately held commercial real estate services firm, office rents in Manhattan has increased in fourth quarter 2010 – the first of its kind since recession that had pushed several companies into bankruptcy. Rents sought by landlords increased to $54.34 per square foot at year-end 2010 from $53.80 in  the third quarter. About 7.5 million square feet of office space were leased during the quarter in the region –  maximum … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Tuesday, January 18, 2011 Posted: 18 Jan 2011 06:42 PM PST After a lower open caused by the news Steve Jobs will be taking a leave of absence from Apple (symbol: AAPL) stocks were able to regain their ground and trade higher for most of today’s trading session. Investor participation and market breadth were ok. As a result, we are raising the support/resistance levels on the DJIA, S&P 500, and Nasdaq Composite (see below). One item to take note of is the activity in the Volatility Index (the VIX). Since mid-May 2010 the VIX has been on a steady … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up During The Asian Session Posted: 18 Jan 2011 06:30 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0019, up 0.25% at time of writing. The pair was likely to find support at 0.9857, Friday's low, and resistance at 1.0026, today's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.05% to hit 1.3403 and AUD/JPY falling 0.15% 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: 18 Jan 2011 06:05 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3424, up 0.28% at time of writing. The pair was likely to find support at 1.3245, Monday's low, and resistance at 1.3466, Tuesday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.03% to hit 0.8390 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

If It Sounds Too Good To Be True… Posted: 18 Jan 2011 06:04 PM PST The market feels firm. Your broker calls with an opportunity that sounds very appealing. You are sitting on cash and feel you may have missed the run in the market. Your cash is generating little to no return. You are contemplating taking a flyer on this "deal". Your broker is really pushing you and indicating a lot of people are getting involved in these deals. The highlighted returns looks too good to be true. But wait, haven't you seen this movie before? Remember, 'if it sounds too … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hard At Work On A New Strategy Posted: 18 Jan 2011 05:37 PM PST For a few days now I have been somewhat obsessed with developing a new strategy.  I’ve made a good amount of progress though at this point I wish there were 36 hours in a day.  Ever feel that way? Anyway, tomorrow I will take my first leap of faith and use some money to begin test driving my strategy. *  I have narrowed a list of 10 prospects for tomorrow’s trade down to just two.  They are Denison Mines Corp (DNN) and Harmony Gold Mining Co (NYSE:HMY).  I will simply … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During The Asian Session Posted: 18 Jan 2011 05:35 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Wednesday. EUR/JPY was trading at 110.58, up 0.06% at time of writing. The pair was likely to find support at 109.58, Monday's low, and resistance at 111.16, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the British Pound, with EUR/USD gaining 0.18% to hit 1.3411 and EUR/GBP falling 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Morning News Notes: 1.18.11 Posted: 18 Jan 2011 08:34 AM PST The morning news notes as prepared by TL…Americans feelings about buying a house (Gallup poll), discretionary spending was soft in December, AAPL, Wall St. pushes back against Dodd- Frank, PIMCO cuts US Treasury holdings, and Eurozone finance ministers meet on Monday and Tuesday. “Morning News Notes: January 18, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610