DailyMarkets.com - The Week Ahead

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• The Week Ahead
• Monetary Policy Week In Review – 1 Jan 2011
• Australian Dollar: Under Pressure
• Canadian Dollar: Caution
• Hot Option Plays: Final Trading Hours Of 2010
• Hot Option Plays: Being Nimble & Disciplined Will Be Key In 2011
• Do Economists Need A Code Of Ethics?
• Forex – EUR/USD Up At The End Of U.S. Session
• Forex – GBP/USD Up At The End Of U.S. Session
• Forex – USD/JPY Down At The End Of U.S. Session
• Forex – EUR/USD Up Toward The End Of U.S. Session
• Closing Bell Market Monitor: BGP, 2010 By The Numbers
• Forex – GBP/USD Up Toward The End Of U.S. Session
• Forex – USD/JPY Down Toward The End Of U.S. Session
• U.S. Markets Mixed At Close; Dow Jones Up 0.07%
• Forex – GBP/USD Up During The U.S. Session
• Forex – USD/CAD Down During The U.S. Session
• Anheuser-Busch InBev Renews Partnership With MLB
• Forex – EUR/USD Up During The U.S. Session
• Imax Surges On Sony Buyout Talk
• Many Parts Of Country Won’t Have Double-Dip In Home Prices Because They Never Had The FIrst Dip
• Buy JAG – $7.15 — US Dollar Update
• Nov. Int’l. Air Traffic 4% Above Pre-Recession Level
• Forex Trading: USDCAD Tests April 2010 And Year Low At 0.9929
• Forex Trading: USDCHF Rebounds Hard Off Of 0.9300 And 0.9320
• Forex Trading: USDJPY Falls Sharply. 80.70 Is Target Area Below.
• Dollar Extends Losses As Year Comes To Close
• Forex Trading: EURUSD Heads Toward 1.3423 Target
• Forex Trading: GBPUSD Tests 50% Midpoint Of December Range
• Opening Bell Market Monitor: JTX
• Crude Falls Below $90
• Small Is Beautiful: Small Caps Dominate The Annual Top 100 Stock Market Performance Awards
• Acta Agrees Sale Of Photovoltaic Project Consents To SPF Energy

The Week Ahead Posted: 31 Dec 2010 09:00 PM PST The stories,data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Monetary Policy Week In Review – 1 Jan 2011 Posted: 31 Dec 2010 08:35 PM PST The past week was a relatively quiet week, but the central banks of Israel, Indonesia, Taiwan, and the Philippines announced monetary policy decisions. Israel held steady at 2%, the Philippines also held at 6%, and Indonesia kept its rate at 6.5% but announced plans to raise the minimum foreign currency reserve requirements for banks to 5% from the current 1% in March. Taiwan was the only one to change its rate, following the path of its counterpart on the mainland with an interest rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Dollar: Under Pressure Posted: 31 Dec 2010 08:22 PM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canadian Dollar: Caution Posted: 31 Dec 2010 08:22 PM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Final Trading Hours Of 2010 Posted: 31 Dec 2010 08:20 PM PST Cusick's Corner The key today is do no damage. It’s been an incredible month and the market is very quiet, so try not to over analyze the data and headlines today. Also don’t interpret any market pullbacks (most likely due to some tax selling) as the beginning of the end or the time to really load up. Consider taking the opportunity to trim losers and look to potentially add some protection, i.e. puts, to your winners as we head into the last hours of trading in 2010. See you After … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Being Nimble & Disciplined Will Be Key In 2011 Posted: 31 Dec 2010 08:20 PM PST Cusick's Corner The market did as expected into the After Hours — nothing. As we look towards 2011, this new year might shape up to be a trading year. Being nimble and disciplined are going to be the keys to trading in 2011 (the market will probably be one in which you will have to reassess your trading approach month over month). I want to thank all of you for following the Xpound newsletter and look forward to bringing you market commentary in 2011. Happy New Year! Trading slowed to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Do Economists Need A Code Of Ethics? Posted: 31 Dec 2010 07:54 PM PST From the New York Times: “Academic economists, particularly those active in policy debates in Washington and Wall Street, are facing greater scrutiny of their outside activities these days. Faced with a run of criticism, including a popular movie, leaders of the American Economic Association, the world's largest professional society for economists, founded in 1885, are considering a step that most other professions took a long time ago — adopting a code of ethical standards. Should … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up At The End Of U.S. Session Posted: 31 Dec 2010 02:10 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3388, up 0.73% at time of writing. The pair was likely to find support at 1.3079, Monday's low, and resistance at 1.3424, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.47% to hit 0.8576 and EUR/JPY rising 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up At The End Of U.S. Session Posted: 31 Dec 2010 02:05 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5611, up 1.19% at time of writing. The pair was likely to find support at 1.5346, Tuesday's low, and resistance at 1.5664, today's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.47% to hit 0.8576 and GBP/JPY rising 0.73% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down At The End Of U.S. Session Posted: 31 Dec 2010 02:00 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 81.16, down 0.44% at time of writing. The pair was likely to find support at 80.95, today's low, and resistance at 82.98, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.73% to hit 1.3388 and GBP/USD rising 1.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 31 Dec 2010 01:40 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3378, up 0.67% at time of writing. The pair was likely to find support at 1.3079, Monday's low, and resistance at 1.3424, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.50% to hit 0.8572 and EUR/JPY rising 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: BGP, 2010 By The Numbers Posted: 31 Dec 2010 01:37 PM PST 12/31/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up Toward The End Of U.S. Session Posted: 31 Dec 2010 01:30 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5612, up 1.20% at time of writing. The pair was likely to find support at 1.5346, Tuesday's low, and resistance at 1.5664, today's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.53% to hit 0.8570 and GBP/JPY rising 0.79% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 31 Dec 2010 01:20 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 81.20, down 0.40% at time of writing. The pair was likely to find support at 80.95, today's low, and resistance at 82.98, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.68% to hit 1.3380 and GBP/USD rising 1.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Mixed At Close; Dow Jones Up 0.07% Posted: 31 Dec 2010 01:10 PM PST Forex Pros – U.S. stocks were mixed after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.07%, the S&P 500 index shed 0.02%, while the Nasdaq 100 index declined 0.35%. Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 1.19%; Germany's DAX shed 1.16%; Britain's FTSE 100 declined 1.19%; and the EURO STOXX 50 fell … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The U.S. Session Posted: 31 Dec 2010 12:45 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5603, up 1.14% at time of writing. The pair was likely to find support at 1.5346, Tuesday's low, and resistance at 1.5664, today's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.56% to hit 0.8568 and GBP/JPY rising 0.73% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The U.S. Session Posted: 31 Dec 2010 12:05 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday. USD/CAD was trading at 0.9956, down 0.45% at time of writing. The pair was likely to find support at 0.9927, today's low, and resistance at 1.0111, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.63% to hit 1.3374 and GBP/USD rising 1.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Anheuser-Busch InBev Renews Partnership With MLB Posted: 31 Dec 2010 06:51 AM PST 12/31/10 Anheuser-Busch InBev announced a new sponsorship agreement with Major League Baseball late … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The U.S. Session Posted: 31 Dec 2010 11:15 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3338, up 0.36% at time of writing. The pair was likely to find support at 1.3079, Monday's low, and resistance at 1.3424, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.59% to hit 0.8566 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Imax Surges On Sony Buyout Talk Posted: 31 Dec 2010 09:31 AM PST Imax surges on Sony buyout talk Today’s tickers: IMAX, HIG, VRGY, TOL & WM Imax Corp. (NASDAQ:IMAX) – Earlier today you’d have needed more than just 3D-glasses to see the trail left behind by a near 20% surge in shares of the movie-theater corporation. Rumors have emerged that Japan’s Sony Corporation is set to make a $40-plus bid for the company enamored by its growing popularity amongst movie theater-goers. With more films built using 3D-technology shares in the company had already tripled … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Many Parts Of Country Won’t Have Double-Dip In Home Prices Because They Never Had The FIrst Dip Posted: 31 Dec 2010 09:14 AM PST Cato’s Alan Reynolds writes in yesterday’s IBD: “A front-page Wall Street Journal feature, titled “Housing Recovery Stalls,” worries that “a new bout of declining home prices is threatening to hamper the U.S. recovery.” A dip in the Case-Shiller moving average of home prices in 20 cities for August to October is said to be “troublesome headwind” for the economy in 2011, and “markets such as Sacramento, Las Vegas and parts of Arizona and Florida are at risk of more declines.” Some of those … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Buy JAG – $7.15 — US Dollar Update Posted: 31 Dec 2010 08:59 AM PST Maybe not the ideal True Strength Index (TSI) indicator setup, but I was intrigued by the long term price downtrend line that Jaguar Mining Inc (JAG) appears poised to break through, so I made a purchase at $7.15. Some other mining stocks with similar setups currently include: Anglogold Ashanti (NYSE:AU), Cardero Resource Corp (CDY) see weekly chart, European Goldfields (EGFDF), Eldorado Gold Corporation (EGO), Pitchstone Exploration (PEXPF), Sunridge Gold Corp (SGCNF), Uranerz … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Nov. Int’l. Air Traffic 4% Above Pre-Recession Level Posted: 31 Dec 2010 08:47 AM PST Geneva — “The International Air Transport Association (IATA) announced international scheduled traffic results for November showing 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight.  November saw traffic growth slow from the 10% increase recorded in the passenger business and the 14.5% growth in freight in October. The slowdown in 2010 is partially skewed because of the exceptionally rapid rise in traffic volumes recorded during the fourth quarter of 2009. This … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDCAD Tests April 2010 And Year Low At 0.9929 Posted: 31 Dec 2010 08:21 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDCHF Rebounds Hard Off Of 0.9300 And 0.9320 Posted: 31 Dec 2010 08:14 AM PST The USDCHF fell through the bottom trendline support at 0.9320 and fell to a low of 0.9300.  The move back above the 0.9320 and the holding of the 0.9300 level now gives dip buyers a level to lean against.  Look for profit taking buyers on dips toward the 0.9320 level. The upside target becomes the 94.05 level where trendline resistance comes in.  Volatility to prevail for the next … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDJPY Falls Sharply. 80.70 Is Target Area Below. Posted: 31 Dec 2010 08:08 AM PST The resistance above is at 81.25-28 (see chart below).  The next key support comes in at 80.70 (see chart above).  Anything can happen as end of year volatility rules the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Dollar Extends Losses As Year Comes To Close Posted: 31 Dec 2010 02:59 AM PST 12/31/10 The US dollar continued to decline this session following another session lacking economic data and growing specultion global growth will continue next … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Heads Toward 1.3423 Target Posted: 31 Dec 2010 07:54 AM PST The 1.3423 levle is the next target (see chart). Could see resistance against the level. A move above targets 1.3446 which was the low on November … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: GBPUSD Tests 50% Midpoint Of December Range Posted: 31 Dec 2010 07:48 AM PST The midpoint of the December high to low range comes in at 1.5626. Can the market find profit takers or is the end of year squaring going to control the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: JTX Posted: 31 Dec 2010 02:34 AM PST 12/31/10 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 9:30 am EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Falls Below $90 Posted: 31 Dec 2010 02:29 AM PST 12/31/10 The combination of light trading volume and yesterday’s smaller-than-expected drop in crude supplies has helped lead crude prices to trade below the pivotal $90 a barrel … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Small Is Beautiful: Small Caps Dominate The Annual Top 100 Stock Market Performance Awards Posted: 31 Dec 2010 05:18 AM PST With the FTSE 100 (UKX) touching a confidence-boosting 6,000 points just before Christmas, markets approached the year end in buoyant mood. In 12 months that saw the AIM All-Share (FTAI) index begin to stretch its legs towards levels not seen since before the economic downturn, it was little surprise that many of London's top stock performers this year were among the small caps. While AIM's detractors point to the damage caused by surging numbers of de-listings through the economic downturn … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Acta Agrees Sale Of Photovoltaic Project Consents To SPF Energy Posted: 31 Dec 2010 02:14 AM PST Acta Spa (LON:ACTA) , the clean energy products company, reported this morning that it had completed the conditional sale of four photovoltaic (PV) authorisations to SPF Energy in a contract worth €0.9m. The move follows a deal on December 21 in which Acta agreed to sell a portfolio of its Toscana PV authorisation pipeline including 9.5 MW of consent-only projects, for €2.45m. The company has now sold most of the 15MW of authorisations that it was planning to sell before the end of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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