DailyMarkets.com - Paper Money Madness: Inflation-Fueled Economic Growth Doesn’t Indicate That An Economy Is Getting Stronger
DailyMarkets.com - Paper Money Madness: Inflation-Fueled Economic Growth Doesn’t Indicate That An Economy Is Getting Stronger |
- Paper Money Madness: Inflation-Fueled Economic Growth Doesn’t Indicate That An Economy Is Getting Stronger
- China: A Tale of Two (Jekyll And Hyde) Videos
- Stocks To Watch On Tuesday: Nvidia, American Express, Texas Instruments, Amgen, First Solar, CSX, GlaxoSmithKline, Vodafone, Siemens, Total
- Mortgage: Why Can’t I Get The Good Rates I Read About?
- Forex – EUR/GBP Hits 3-week High After Shock U.K. GDP Contraction
- European Stocks Broadly Lower As Financials Tumble; DAX Up 0.05%
- U.K. Public Sector Net Borrowing Falls More-than-expected
- U.K. Gross Domestic Product Declines Unexpectedly In Q4
- Reserve Bank Of India Raises Interest Rates 25bps
- Forex – Dollar Mixed Vs. Rivals As Euro Zone Debt Sales Awaited
- Forex – GBP/USD Tumbles To 2-day Low As U.K. GDP Data Eyed
- Fresenius’ Spanish Agreement
- Earnings Preview: Meredith Corp.
- Forex – USD/JPY Dips After BOJ Raises Growth Forecasts For 2011
- Forex – NZD/USD Hits 3-day High After Weak Australian CPI Data
- Forex – AUD/USD Up Despite Soft Q4 Inflation Data
- Asia Stocks Broadly Higher On Earnings Optimism; Nikkei Up 1.15%
- Forex – EUR/USD Close To 9-week High As EFSF Bond Sale Eyed
- Bank Of Japan Leaves Interest Rate Unchanged
- German Gfk Consumer Climate Index Rises Unexpectedly
- Growth & Income Stock: B&G Foods, Inc.
- Aggressive Growth Stock: Caliper Life Sciences
- Bear Of The Day: BioScrip, Inc. (BIOS)
- Bull Of The Day: OmniVision Technologies (OVTI)
- Momentum Stock: Continental Resources, Inc.
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up During The Asian Session
- Turkish Central Bank Raises Reserve Requirements
- Forex – EUR/CHF Up During The Asian Session
- Stanley Ho Transfers Control Of SJM To Family
- Bank Of Japan Maintains Montetary Policy Stance
- Forex – USD/CHF Down During The Asian Session
- Forex – EUR/GBP Up During The Asian Session
- POGO: “Reports The SEC Doesn’t Want You To See”
- Forex – USD/JPY Down During The Asian Session
- Forex – USD/CAD Down During The Asian Session
- Australia’s 4Q CPI Undershoots Forecasts, Eases Pressure On RBA
- Forex – AUD/USD Down During The Asian Session
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/JPY Up During The Asian Session
- Stock Market Summary For Monday, January 24, 2011
- Forex – AUD/USD Down On Economic Data
- WIN (Whip Inflation Now) With Inflation Protected Preferreds
| Posted: 25 Jan 2011 03:35 AM PST If the U.S. economy “grows” by 4 percent in 2011, but by the end of the year we are paying $3.00 for a loaf of bread, $4.00 for a gallon of milk and $5.00 for a gallon of gasoline are the American people going to be better off economically or worse off? The answer is obvious, but most “experts” in the mainstream media continue to insist that as long as U.S. GDP is increasing and as long as the stock market is going up that our economy is improving. But that is just not the case. If … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| China: A Tale of Two (Jekyll And Hyde) Videos Posted: 25 Jan 2011 03:25 AM PST China may be summarized in the following two contrasting videos – surface prosperity with dangerous undercurrents. The first one is a 60-second film about China running at New York’s Times Square from Jan. 17 to Feb. 14, meant to coincide with Chairman Hu Jintao's arrival to the U.S. It is part of a multi-billion dollar campaign to renovate China’s public image. (embeded from YouKu.com which is a lot cleaner than the youtube version.) The second video, on the other hand, is quite … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 25 Jan 2011 03:06 AM PST Equities finished higher with the DJIA approaching the 12,000 level and the S&P 500 approaching 1,300. A slight outperformance was seen in the NASDAQ 100, which was led by Nvidia (NASDAQ:NVDA) (+11.3%) and First Solar (NASDAQ:FSLR) (+6.10%) after positive comments from Barron's and a Goldman Sachs (NYSE:GS) upgrade, respectively. As a result, tech and industrials led the S&P 500, whilst healthcare and financials finished flat though in negative territory. Finally, at the closing bell, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Mortgage: Why Can’t I Get The Good Rates I Read About? Posted: 25 Jan 2011 03:01 AM PST Jennifer had some explaining to do. Her mother, Marguerite, was fuming. She knew the going rate on 30-year mortgages. She read it in the paper. She made many calls and could not get that rate. Woman and age discrimination she felt. Could it be anything else? "I just came from this lender. He had quoted the 'going rate' on the phone. I went to see him. We talked for awhile. We started the paperwork. Then he quoted me a rate one percent higher than he quoted on the phone. Angry, I … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Hits 3-week High After Shock U.K. GDP Contraction Posted: 25 Jan 2011 02:08 AM PST Forex Pros – The pound tumbled to a three-week low against the euro on Tuesday, after preliminary data showed that the U.K. economy contracted unexpectedly in the fourth quarter. EUR/GBP hit 0.8617 during European morning trade, the pair's highest since January 4; the pair subsequently consolidated at 0.8608, surging 0.94%. The pair was likely to find support at 0.849, Monday's low and resistance at 0.8647, the high of December 31 and a two-month high. The Office for National … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Broadly Lower As Financials Tumble; DAX Up 0.05% Posted: 25 Jan 2011 02:02 AM PST Forex Pros – European stock markets were broadly lower on Tuesday, as shares in the financial sector performed poorly, while U.S. futures indexes pointed to a lower open on Wall Street. During European morning trade, the EURO STOXX 50 slumped 0.56%, France's CAC 40 shed 0.15%, while Germany’s DAX was up 0.05%. Shares in the financial sector led losses ahead of closely-watched bond sale by the European Financial Stability Facility later in the day. Shares in Spain's largest lender Banco … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.K. Public Sector Net Borrowing Falls More-than-expected Posted: 25 Jan 2011 01:44 AM PST Forex Pros – Public sector net borrowing in the U.K. fell more-than-expected in December, official data showed on Tuesday. In a report, the U.K. National Statistics Office said that public sector net borrowing, or the difference in value between public spending and income fell to GBP15.3 billion in December, compared to GBP19.7 billion in November, whose figure was revised down from GBP22.8 billion. Economists had expected public sector net borrowing to decline to GBP18.3 billion in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.K. Gross Domestic Product Declines Unexpectedly In Q4 Posted: 25 Jan 2011 01:39 AM PST Forex Pros – The economy in the United Kingdom contracted unexpectedly in the fourth quarter, preliminary official data showed on Tuesday. In a report, the Office for National Statistics said gross domestic product declined by a seasonally adjusted 0.5% in the fourth quarter, after expanding by 0.7% in the previous quarter, whose figure was revised down from growth of 0.8%. Economists had expected U.K. GDP to increase by 0.5% in the fourth quarter. The report showed that year-on-year, GDP … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Reserve Bank Of India Raises Interest Rates 25bps Posted: 25 Jan 2011 01:36 AM PST The Reserve Bank of India (RBI) raised the repurchase (lending) rate 25 basis points to 6.5% from 6.25% and the reverse repurchase (borrowing) rate 25 basis points to 5.50% from 5.25% as inflation risks continue to outweigh growth risks. The RBI also extended additional liquidity facilities that it had made available to commercial banks due to a liquidity crunch by 2 months. India saw its wholesale price index rise 8.43% year on year in December (7.48% in November), and the RBI raised … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Mixed Vs. Rivals As Euro Zone Debt Sales Awaited Posted: 25 Jan 2011 01:19 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as the euro dipped but remained supported by expectations of strong demand at the euro zone rescue fund’s first debt sale later in the day. During European morning trade, the greenback was up against the euro, with EUR/USD dipping 0.12% to hit 1.362. Later Tuesday, the European Financial Stability Facility was to offer as much as EUR 5 billion of five-year bonds while Spain was to hold its first short-term … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Tumbles To 2-day Low As U.K. GDP Data Eyed Posted: 25 Jan 2011 12:51 AM PST Forex Pros – The pound fell to a two-day low against the U.S. dollar on Tuesday, ahead of the release of U.K. data on fourth quarter economic growth and public sector borrowing. GBP/USD hit 1.5918 during European morning trade, the pair's lowest since Friday; the pair subsequently consolidated at 1.5921, shedding 0.41%. Cable was likely to find support at 1.5866, Friday's low and resistance at 1.6016, the day's high. Later in the day, the U.K. was to publish preliminary data on … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 25 Jan 2011 12:35 AM PST Fresenius Medical Care (NYSE:FMS), the largest global player in dialysis-related services, recently arrived at an agreement with the public health department of the Murcia region of Spain. This constitutes Spain's first-ever complete dialysis care and performance-linked reimbursement model.
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| Earnings Preview: Meredith Corp. Posted: 25 Jan 2011 12:35 AM PST Meredith Corporation (NYSE:MDP) is scheduled to report its second-quarter 2011 financial results on January 25, 2011. The current Zacks Consensus Estimate for the quarter is 86 cents a share. For the quarter under review, revenue is $363 million, according to the Zacks Consensus Estimate.
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| Forex – USD/JPY Dips After BOJ Raises Growth Forecasts For 2011 Posted: 25 Jan 2011 12:30 AM PST Forex Pros – The U.S. dollar was lower against the yen on Tuesday, after the Bank of Japan revised up its growth forecasts for the year through March and predicted a faster rate of inflation. USD/JPY hit 82.34 during European early morning trade, the daily low; the pair subsequently consolidated at 82.43, slipping 0.09%. The pair was likely to find support at 81.99, the low of January 20 and resistance at 82.91, Monday's high. Earlier in the day, the BOJ said Japan's economy may expand … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Hits 3-day High After Weak Australian CPI Data Posted: 25 Jan 2011 12:16 AM PST Forex Pros – The New Zealand dollar rose to a three-day high against its U.S. counterpart on Tuesday, after soft Australian consumer price data saw investors switch their attentions away from the Australian dollar. NZD/USD hit 0.7672 during late Asian trade, the pair's highest since January 20; the pair subsequently consolidated at 0.7652, gaining 0.28%. The pair was likely to find support at 0.7565, Monday's low and resistance at 0.774, the high of January 18. Earlier in the day, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Up Despite Soft Q4 Inflation Data Posted: 25 Jan 2011 12:01 AM PST Forex Pros – The Australian dollar was up against its U.S. counterpart on Tuesday, despite official data showing that consumer prices rose at the slowest pace in almost two years in the fourth quarter. AUD/USD hit 0.9993 during late Asian trade, the daily high; the pair subsequently consolidated at 0.9979, gaining 0.07%. The pair was likely to find support at 0.9861, Monday's low and short-term resistance at 1.0021, Monday's high. The Australian Bureau of Statistics said that the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Broadly Higher On Earnings Optimism; Nikkei Up 1.15% Posted: 24 Jan 2011 11:51 PM PST Forex Pros – Asian stocks were broadly higher on Tuesday as market sentiment was boosted by upbeat corporate earnings reports from Wall Street, while Japanese exporters advanced amid optimism over the global economic recovery. During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.33%, South Korea’s Kospi Composite added 0.22%, while Japan's Nikkei 225 Index jumped 1.15%. Shares in many of the big name Japanese exporters advanced amid optimism over the global economic recovery, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Close To 9-week High As EFSF Bond Sale Eyed Posted: 24 Jan 2011 11:35 PM PST Forex Pros – The euro was up against the U.S. dollar on Tuesday, trading close to a nine-week high amid growing expectations that the European Central Bank will raise interest rates ahead of the U.S. Federal Reserve. EUR/USD hit 1.3684 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3672, gaining 0.24%. The pair was likely to find support at 1.3539, Monday's low and short-term resistance at 1.3685, Monday's high and a nine-week high. The euro was … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Bank Of Japan Leaves Interest Rate Unchanged Posted: 24 Jan 2011 11:26 PM PST Forex Pros – The Bank of Japan kept its benchmark interest rate unchanged, it announced on Tuesday. In a statement, the BoJ said it was keeping its benchmark interest rate unchanged between a range of 0.0% to 0.1%, widely in line with expectations. A statement on monetary policy released after the announcement showed that the Bank of Japan's nine-man policy board voted unanimously to maintain the interest rate at its current level. The bank added that Japan’s economy still shows signs of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| German Gfk Consumer Climate Index Rises Unexpectedly Posted: 24 Jan 2011 11:20 PM PST Forex Pros – Germany’s consumer climate improved unexpectedly in January, industry data showed on Tuesday. In a report, the market research group Gfk said its index of Germany’s consumer climate advanced to 5.7 in January, after rising to 5.5 in December, whose figure was revised up from 5.4. Analysts had expected the index to remain unchanged at 5.5 in January. The report said that German consumers remain decidedly optimistic with regard to economic performance in the early part of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Growth & Income Stock: B&G Foods, Inc. Posted: 24 Jan 2011 11:05 PM PST Earnings estimates have been rising for B&G Foods, Inc. (NYSE:BGS) after the company reported a solid third quarter in which EPS beat the Zacks Consensus Estimate by 11%. Despite a modest increase in sales, the company was able to grow its margins significantly, leading to a 20% increase in operating income year-over-year.
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| Aggressive Growth Stock: Caliper Life Sciences Posted: 24 Jan 2011 11:05 PM PST Caliper Life Sciences (NASDAQ:CALP) recently announced preliminary financial results that breathed some life into the stock. Estimates are moving higher as a result.
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| Bear Of The Day: BioScrip, Inc. (BIOS) Posted: 24 Jan 2011 11:05 PM PST BioScrip, Inc. (NASDAQ:BIOS) posted a disappointing quarter based on higher costs and tax. Although revenues grew by double-digits, driven by the CHS acquisition, the organic growth was below expectation.
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| Bull Of The Day: OmniVision Technologies (OVTI) Posted: 24 Jan 2011 11:05 PM PST OmniVision Technologies (NASDAQ:OVTI) is an OEM of CMOS image sensors and support circuitry used within handsets, notebooks and other mass markets. Second quarter earnings were much better than the Zacks Consensus, and the flattish guidance for the next quarter appears to be much better than normal seasonality.
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| Momentum Stock: Continental Resources, Inc. Posted: 24 Jan 2011 11:05 PM PST Continental Resources, Inc. (NYSE:CLR) recently hit a new multi-year high at $63.84 as crude continues to trade in elevated territory. With an average earnings surprise of 15% over the last four quarter and bullish growth projection, this Zacks #1 rank stock is a good way to explore momentum.
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| Forex – EUR/USD Up During The Asian Session Posted: 24 Jan 2011 10:18 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3656, up 0.13% at time of writing. The pair was likely to find support at 1.3397, Thursday's low, and resistance at 1.3685, Monday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8536 and EUR/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Up During The Asian Session Posted: 24 Jan 2011 09:48 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.5998, up 0.07% at time of writing. The pair was likely to find support at 1.5838, Thursday's low, and resistance at 1.6018, today's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8536 and GBP/JPY falling 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Turkish Central Bank Raises Reserve Requirements Posted: 24 Jan 2011 09:19 PM PST The Central Bank of Turkey announced it will increase bank required reserve ratios from the 4th of February 2011. The increases are as follows: the reserve ratio for deposits up to 1-month maturity +200bps to 10% from 8%; the reserve ratio for immediate-access deposits +400bps to 12% from 8%; and the reserve ratio for deposits with a term of up to 3 months +200bps to 9% from 7%. The move is expected to drain about TRY 9.8 billion from the system, and follows a 25bp drop … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/CHF Up During The Asian Session Posted: 24 Jan 2011 09:18 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Tuesday. EUR/CHF was trading at 1.2951, up 0.05% at time of writing. The pair was likely to find support at 1.2815, Thursday's low, and resistance at 1.3069, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.17% to hit 1.3661 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stanley Ho Transfers Control Of SJM To Family Posted: 24 Jan 2011 09:03 PM PST Stanley Ho, chairman and chief executive of SJM Holdings, no longer has an "attributable interest" in the casino group, said in a filing with the Hong Kong Stock Exchange. Stanley Ho had transferred nearly all of his 32% stake in Sociedade de Tourismo e Diversoes de Macau SA, the company that controls SJM Holdings, to two firms controlled by family members. He will retain 100 ordinary shares in the casino group. Shares of SJM plunged more than 8% yesterday before narrowing the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Bank Of Japan Maintains Montetary Policy Stance Posted: 24 Jan 2011 08:51 PM PST The Bank of Japan (BOJ) held it’s monetary policy interest rate at a range of between zero and 0.1 percent, while also maintaining the size of its securities purchase program at 5 trillion yen ($60 billion), with a unanimous vote. The BOJ also noted in its monetary policy announcement that it now forecasts economic growth of 3.3% for the 2011 fiscal year, versus a previous forecast in October of 2.1%. Japan recorded a headline inflation figure of 0.10% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CHF Down During The Asian Session Posted: 24 Jan 2011 08:48 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9482, down 0.10% at time of writing. The pair was likely to find support at 0.9472, today'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 0.12% to hit 1.3655 and USD/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Up During The Asian Session Posted: 24 Jan 2011 08:18 PM PST Forex Pros – The Euro was higher against the British Pound on Tuesday. EUR/GBP was trading at 0.8538, up 0.09% at time of writing. The pair was likely to find support at 0.8413, Thursday's low, and resistance at 0.8552, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.13% to hit 1.3656 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| POGO: “Reports The SEC Doesn’t Want You To See” Posted: 24 Jan 2011 07:52 PM PST The Project on Government Oversight has become the financial regulatory eyes and ears for our nation. While one would think Congress might care to thoroughly investigate government agencies and hold them to account, our recent history has shown us that the Congressional oversight is severely lacking. Enter POGO. What has POGO provided us now?
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| Forex – USD/JPY Down During The Asian Session Posted: 24 Jan 2011 07:38 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday. USD/JPY was trading at 82.44, down 0.10% at time of writing. The pair was likely to find support at 82.06, Thursday's low, and resistance at 83.13, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.16% to hit 1.3660 and GBP/USD rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CAD Down During The Asian Session Posted: 24 Jan 2011 07:08 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday. USD/CAD was trading at 0.9928, down 0.08% at time of writing. The pair was likely to find support at 0.9909, Friday's low, and resistance at 1.0031, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.16% to hit 1.3660 and GBP/USD rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Australia’s 4Q CPI Undershoots Forecasts, Eases Pressure On RBA Posted: 24 Jan 2011 06:59 PM PST For 4th Quarter var div = jQuery(“”).css({
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| Forex – AUD/USD Down During The Asian Session Posted: 24 Jan 2011 06:28 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9948, down 0.26% at time of writing. The pair was likely to find support at 0.9833, Thursday's low, and resistance at 1.0022, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.48% to hit 1.3741 and AUD/JPY falling 0.42% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The Asian Session Posted: 24 Jan 2011 06:03 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3681, up 0.32% at time of writing. The pair was likely to find support at 1.3397, Thursday's low, and resistance at 1.3685, Monday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.14% to hit 0.8542 and EUR/JPY rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/JPY Up During The Asian Session Posted: 24 Jan 2011 05:33 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Tuesday. EUR/JPY was trading at 112.64, up 0.08% at time of writing. The pair was likely to find support at 110.32, Thursday's low, and resistance at 112.91, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.21% to hit 1.3666 and EUR/GBP rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Market Summary For Monday, January 24, 2011 Posted: 24 Jan 2011 04:58 PM PST Stocks finished higher today with the major indexes closing near session highs. In addition, the DJIA posted another new high. Investor participation was ok and market breadth was good. As a result, we are raising the support levels on the DJIA, S&P 500, and Nasdaq Composite (see below). Also, we are increasing the resistance level for the DJIA but leaving it the same for the S&P 500 and Nasdaq Composite (see below). Overall, we continue to believe the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Down On Economic Data Posted: 24 Jan 2011 04:48 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of Australian data on CPI. AUD/USD was trading at 0.9936, down 0.38% at time of writing. The pair was likely to find support at 0.9833, Thursday's low, and resistance at 1.0022, Monday's high. Earlier in the day, official data showed that Australian consumer price inflation rose less-than-expected to a seasonally adjusted 0.40% in the last quarter from 0.70% in the preceding … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| WIN (Whip Inflation Now) With Inflation Protected Preferreds Posted: 24 Jan 2011 04:47 PM PST As investors struggle selecting appropriate income streams for their portfolios, I believe that consideration should be dedicated to the under followed and under appreciated realm of inflation-protected preferred stock. First,a basic explanation of preferred stocks: A preferred stock is somewhat of a hybrid security instrument, with characteristics of both stocks and bonds. The investor is promised a stated and enticing yield (or terms as per the Prospectus) in lieu of not capturing a … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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