DailyMarkets.com - Who, How And Why: $140 Oil And $5 Gas
DailyMarkets.com - Who, How And Why: $140 Oil And $5 Gas |
- Who, How And Why: $140 Oil And $5 Gas
- M&T Bank Tops Zacks Estimate
- Will Airbus Deal Affect Boeing?
- Forex – EUR/USD Up During The U.S. Session
- Industrial Production Rises
- Forex – USD/CHF Up On Economic Data, Earnings
- “Going To Be A Good Year For Banks”
- Forex – AUD/USD Down During The U.S. Session
- Forex Trading: EURUSD Bounced Off The Support Ran Into Intraday Resistance
- Affymetrix Posts 4Q View, Inks Deal
- Rising Tide Ups TRIB Price Target
- America West Resources (OTCBB:AWSR) Takes Delivery Of A New Continuous Miner
- Athenahealth, SynerMed Tie-up
- Athenahealth, SynerMed Tie-up
- Mixed Approach On NASDAQ
- Forex – NZD/USD Down During The U.S. Session
- AMR Corp. Options Fly As Bulls Prepare For Liftoff
- European Markets Mixed At Close; Dax Up 0.01%
- Outperform On PAY
- Australian Dollar: Caution
- Canadian Dollar: Under Pressure
- Three ETFs Potentially Impacted By Floods In Brazil
- Earnings Preview: Forest Labs
- Mid-America On Acquisition Spree
- EIA: Natgas Stockpiles Fall 138 Bcf
- Forex – EUR/USD Down At The End Of European Session
- Forex – EUR/USD Down Toward The End Of European Session
- Good News For Cumberland Pharma
- Forex Trading: USDCAD Tests 100 Hour MA And Trendline
- Marathon Oil To Break In Two
- Watson Pharma Backs 2010 Outlook
- JPMorgan Results Bring Optimism
- Genzyme Cuts 2011 Outlook
- Forex – USD/JPY Up Toward The End Of European Session
- U.S. Dollar, Gold, & Silver Were Down On Thursday – Really?
- Dollar Rebounds As Week Nears End
- Forex Trading: EURCHF Tests Trendline Support As London Fix Approaches
- Forex – GBP/USD Up Toward The End Of European Session
- Intel Processes A Strong 4Q Earnings Report
- Opening Bell Market Monitor: JPM, HAS, INTC
- Forex Trading: EURJPY Coiling In A Narrow Range
- Forex – EUR/USD Up During The European Session
- Forex Trading: EURUSD Disappoints On The Break Higher
- Forex Trading: USDCHF Floor Tested And Held Again….
- German Yields Jump As ECB Fly The Hawks
- Morning News Notes: 1.14.11
Who, How And Why: $140 Oil And $5 Gas Posted: 14 Jan 2011 11:55 AM PST According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the “end of days.” On or about that same date, the price of oil in the United States will begin to climb to $4 a gallon, according to two savants of the oil industry. The former is highly unlikely but the latter is very probable. The escalation in the price of oil is predicted by the legendary oil man T. Boone Pickens, known for his financial acuity as well as his oil expertise, and John … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 11:35 AM PST M&T Bank Corporation's (NYSE:MTB) fourth quarter operating earnings of $1.52 per share exceeded the Zacks Consensus Estimate of $1.45. Earnings significantly expanded from $1.16 per share earned in the prior-year quarter, aided by an increase in the net interest income on the back of net interest margin expansion coupled with substantially lower provision for credit losses. |
Will Airbus Deal Affect Boeing? Posted: 14 Jan 2011 11:35 AM PST The Boeing Company’s (NYSE:BA) plans to provide a new engine for its most successful airplane variant 737 has taken a back seat after the mega deal signed by its rival France based Airbus. |
Forex – EUR/USD Up During The U.S. Session Posted: 14 Jan 2011 11:15 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales. EUR/USD was trading at 1.3367, up 0.02% at time of writing. The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3456, today's high. Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month. Analysts had expected retail sales to rise … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 11:05 AM PST Total Industrial Production was rose 0.8% in December, which was double the expected 0.4% increase. In November, total production increased by 0.3%, reversing a 0.1% decline in October. The November production increase was revised down from a 0.4% increase, but the October decline was previously reported to be -0.2%, so count the revisions as a wash. For all of 2010, total Industrial Production is up 5.9%. On the surface, these numbers are great. However, if one digs just a little bit deeper, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/CHF Up On Economic Data, Earnings Posted: 14 Jan 2011 10:55 AM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of U.S. data on Michigan Consumer Sentiment Index. USD/CHF was trading at 0.9646, up 0.07% at time of writing. The pair was likely to find support at 0.9606, today's low, and resistance at 0.9784, Tuesday's high. Earlier in the day, preliminary data showed that U.S. UoM consumer sentiment fell unexpectedly to a seasonally adjusted 72.70 last month from 74.50 in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
“Going To Be A Good Year For Banks” Posted: 14 Jan 2011 10:36 AM PST 01/14/11 DME Securities’ Alan Valdes discusses the latest earnings and economic data, and weighs in on gains in the financial … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – AUD/USD Down During The U.S. Session Posted: 14 Jan 2011 10:35 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales. AUD/USD was trading at 0.9898, down 0.79% at time of writing. The pair was likely to find support at 0.9804, Tuesday's low, and resistance at 1.0019, Thursday's high. Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURUSD Bounced Off The Support Ran Into Intraday Resistance Posted: 14 Jan 2011 10:29 AM PST The EURUSD bounced off the trendline support line and moved up to the 100 and 200 bar MA on the 5 minute chart at the 1.3355 level. It is Friday. The price dipped, the price rallied. Now we stand in the middle. Anything is possible but it seems like the market is happy where it is. A break of either extreme would be needed to solicit additional possibility. ON the topside 1.3382 would be the next key level. A move below 1.3320 would target 1.3300 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Affymetrix Posts 4Q View, Inks Deal Posted: 14 Jan 2011 10:05 AM PST Genetic products maker Affymetrix Inc (NASDAQ:AFFX) has announced its expected results for fourth-quarter fiscal 2010. Separately, the California-based company has entered into a distribution pact with Fischer Scientific Inc, a unit of Thermo Fisher Scientific (NYSE:TMO). Affymetrix's shares gained roughly 17% following the news. |
Rising Tide Ups TRIB Price Target Posted: 14 Jan 2011 10:05 AM PST Brian Marckx Rising Tide Ups TRIB Price Target |
America West Resources (OTCBB:AWSR) Takes Delivery Of A New Continuous Miner Posted: 14 Jan 2011 10:05 AM PST Ian Gilson, CFA America West Resources (OTCBB: AWSR) has taken delivery of a new continuous miner and it is being used in the second section in the Horizon Mine in Helper, Utah. The two continuous miners in sections one and two will have production capacity of 60,000 tons a month, and the company should reach this level by the end of the first quarter of 2011. At the current price for steam coal this equates to revenue of over $70 million a quarter. At this run rate the company should be … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 10:05 AM PST Medical billing and records software provider Athenahealth Inc (NASDAQ:ATHN) has collaborated with Los Angeles-based leading managed services organization ("MSO") SynerMed Inc. The collaboration will offer more than 7,000 physician practices across California access to Athenahealth's web-based electronic health record ("EHR") solution "athenaClinicals". |
Posted: 14 Jan 2011 10:05 AM PST Medical billing and records software provider Athenahealth Inc (NASDAQ:ATHN) has collaborated with Los Angeles-based leading managed services organization ("MSO") SynerMed Inc. The collaboration will offer more than 7,000 physician practices across California access to Athenahealth's web-based electronic health record ("EHR") solution "athenaClinicals". |
Posted: 14 Jan 2011 10:05 AM PST We have reiterated our Neutral recommendation on NASDAQ OMX Group Inc. (NASDAQ:NDAQ) based on the current market volatility. NASDAQ's third quarter earnings of 50 cents per share beat the Zacks Consensus Estimate although it declined year over year due to modest top line growth coupled with moderate expense management. However, market data revenue and order intakes were on the downside. The new listings were also lower-than-expected. |
Forex – NZD/USD Down During The U.S. Session Posted: 14 Jan 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales. NZD/USD was trading at 0.7692, down 0.23% at time of writing. The pair was likely to find support at 0.7562, Tuesday's low, and resistance at 0.7728, Thursday's high. Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
AMR Corp. Options Fly As Bulls Prepare For Liftoff Posted: 14 Jan 2011 09:58 AM PST AMR Corp. options fly as bulls prepare for liftoff |
European Markets Mixed At Close; Dax Up 0.01% Posted: 14 Jan 2011 09:55 AM PST Forex Pros – European stocks were mixed after the closing bell on Friday. At the close of European trade, Germany's DAX rose 0.01%, London's FTSE 100 shed 0.59%, France's CAC 40 climbed 0.21% and the EURO STOXX 50 was up 0.16%. Meanwhile, on Wall Street, equity markets were up after the open. The Dow Jones Industrial Average was up 0.27%; the S&P 500 index gained 0.42%, while the Nasdaq 100 index climbed … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 09:35 AM PST We recently reiterated our Outperform recommendation on VeriFone Holdings Inc. (NYSE:PAY), which provides solutions for electronic payment systems for the financial, retail, hospitality, petroleum, transportation, government and health care vertical markets. |
Posted: 14 Jan 2011 09:20 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Canadian Dollar: Under Pressure Posted: 14 Jan 2011 09:20 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Three ETFs Potentially Impacted By Floods In Brazil Posted: 14 Jan 2011 09:19 AM PST Brazil is currently suffering from of one its worst ever natural disasters after extensive rainfall and flooding has caused massive mudslides and killed many people, potentially having an impact on production of coffee and sugar in Latin America's largest economy. |
Posted: 14 Jan 2011 09:05 AM PST Forest Labs (NYSE:FRX) is all set to announce its third quarter fiscal 2011 results on Jan 18. The Zacks Consensus Estimate is 99 cents, representing a year-over-year increase of 2.1%. |
Mid-America On Acquisition Spree Posted: 14 Jan 2011 09:05 AM PST Mid-America Apartment Communities Inc. (NYSE:MAA), an apartment-only real estate investment trust (REIT), has recently acquired Alamo Ranch apartment community in San Antonio, Texas, for an undisclosed amount. The acquisition is part of the long-term strategy of the company to own assets in premium markets that are driven by solid employment growth opportunities. San Antonio's employment growth rate has surpassed the U.S. average over the last 5 years and is projected to have positive population … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
EIA: Natgas Stockpiles Fall 138 Bcf Posted: 14 Jan 2011 09:05 AM PST The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected drop in natural gas supplies, attributable to slightly warmer-than-normal weather conditions. |
Forex – EUR/USD Down At The End Of European Session Posted: 14 Jan 2011 09:00 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3327, down 0.28% at time of writing. The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3456, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.49% to hit 0.8397 and EUR/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Down Toward The End Of European Session Posted: 14 Jan 2011 08:40 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Industrial Production. EUR/USD was trading at 1.3332, down 0.25% at time of writing. The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3456, today's high. Earlier in the day, official data showed that U.S. industrial production rose more-than-expected to 0.80% last month, from 0.30% in the preceding month whose figure was revised down from 0.40%. Analysts … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Good News For Cumberland Pharma Posted: 14 Jan 2011 08:35 AM PST Recently, Cumberland Pharmaceuticals Inc. (CPIX) received a boost when the US Food and Drug Administration (FDA) cleared a new formulation of the company's liver drug Acetadote. The injectable drug has been approved to counteract overdoses of acetaminophen and finds application in hospitals for preventing or reducing potential liver damage resulting from an overdose of acetaminophen. Acetaminophen is found in many pain relief and fever-reducing drugs available over-the-counter. |
Forex Trading: USDCAD Tests 100 Hour MA And Trendline Posted: 14 Jan 2011 08:29 AM PST The USDCAD has 100 hour MA and the underside of the trendline converged at the 0.9898-0.9903 level. The risk is limited at the level. A move above 0.9929 will be needed to set the bias back to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 08:20 AM PST Integrated energy firm Marathon Oil Corporation (MRO) announced plans to separate its refining and sales business from its exploration and production operations, thereby creating two independent companies. Marathon had planned such a move when crude oil prices peaked more than two years ago but backed off later, when the financial crisis hit commodity markets. |
Watson Pharma Backs 2010 Outlook Posted: 14 Jan 2011 08:20 AM PST Watson Pharmaceuticals, Inc. (NYSE:WPI) recently reiterated its 2010 outlook based on a preliminary review of results. The company said that it expects adjusted cash earnings at or slightly above the midpoint of its guidance of $3.37 – $3.45 per share. Revenues are expected to grow more than 25% to $3.5 billion. |
JPMorgan Results Bring Optimism Posted: 14 Jan 2011 08:20 AM PST JPMorgan Chase & Company's (NYSE:JPM) fourth quarter earnings came in at $1.12 per share, substantially ahead of the Zacks Consensus Estimate of $1.00. Results also soared from the earnings of 74 cents in the prior-year quarter. For full year 2010, earnings increased to $3.96 per share from $2.26 in 2009. This also surpassed the Zacks Consensus Estimate of $3.85. |
Posted: 14 Jan 2011 08:20 AM PST Genzyme Corp. (NASDAQ:GENZ) recently provided a preliminary look at its results for the fourth quarter and full year ended December 31, 2010. While fourth quarter revenues increased 23% to $1.15 billion, full year revenues increased 2% to $3.97 billion. Both fourth quarter and full year revenues missed the Zacks Consensus Estimate of $1.18 billion and $4.34 billion, respectively. |
Forex – USD/JPY Up Toward The End Of European Session Posted: 14 Jan 2011 08:20 AM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Industrial Production. USD/JPY was trading at 82.84, up 0.04% at time of writing. The pair was likely to find support at 82.41, today's low, and resistance at 83.49, Tuesday's high. Earlier in the day, official data showed that U.S. industrial production rose more-than-expected to 0.80% last month, from 0.30% in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.S. Dollar, Gold, & Silver Were Down On Thursday – Really? Posted: 14 Jan 2011 08:17 AM PST The U.S. Dollar Index Futures have been sold heavily and interestingly enough, gold and silver have not rallied. In fact, gold and silver have sold off while the dollar experienced downward price action as well. How does that whole scenario make any sense? I do not fancy myself as an expert in the area of reasoning why a stock or commodity rises or falls. I firmly believe that the media is nearly always wrong as to the real reasons stocks and commodities are rallying or falling. |
Dollar Rebounds As Week Nears End Posted: 14 Jan 2011 08:00 AM PST 01/14/11 In-depth coverage of daily money market movements containing technical analysis and detailed forecasts into particular currency pairs; reported directly from the floor of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURCHF Tests Trendline Support As London Fix Approaches Posted: 14 Jan 2011 07:59 AM PST The EURCHF is down testing trendline support after consolidating at the highs today. That level comes in at the 1.2864 level currently (moving higher). A break should solicit additional selling pressure. Of course SNB official (Jordan yesterday) and … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Up Toward The End Of European Session Posted: 14 Jan 2011 07:55 AM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Industrial Production. GBP/USD was trading at 1.5869, up 0.19% at time of writing. The pair was likely to find support at 1.5476, Monday's low, and resistance at 1.5886, today's high. Earlier in the day, official data showed that U.S. industrial production rose more-than-expected to 0.80% last month, from 0.30% in the preceding month whose figure was revised down from … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Intel Processes A Strong 4Q Earnings Report Posted: 14 Jan 2011 02:40 AM PST 01/14/11 Chipmaker giant Intel Corp. announced late Thursday that its 4Q profit jumped 48% while also boosting its financial … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Opening Bell Market Monitor: JPM, HAS, INTC Posted: 14 Jan 2011 02:37 AM PST 01/14/10 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURJPY Coiling In A Narrow Range Posted: 14 Jan 2011 07:34 AM PST The EURJPY is trying to break lower, but just not ready to fall it seems. Watch the key levels for trading clues. The levels are … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Up During The European Session Posted: 14 Jan 2011 07:30 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Retail Sales. EUR/USD was trading at 1.3369, up 0.03% at time of writing. The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3456, today's high. Earlier in the day, official data showed that retail sales in the U.S. rose less-than-expected to a seasonally adjusted 0.60% last month, from 0.80% in the preceding month. Analysts had expected retail sales to rise … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EURUSD Disappoints On The Break Higher Posted: 14 Jan 2011 07:28 AM PST |
Forex Trading: USDCHF Floor Tested And Held Again…. Posted: 14 Jan 2011 07:24 AM PST Look for sellers against the 200 hour MA at the 96.47 level. If the market stays below there remains a chance for a break of the key floor at 0.9604. However, there still likely to be buyers on dips again with a tight … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
German Yields Jump As ECB Fly The Hawks Posted: 14 Jan 2011 07:10 AM PST Short-dated German paper slumped in response to hawkish talk from ECB President Trichet and colleague Axel Weber. The acceleration in the growth of the German economy to a 2.6% pace in 2010 brings with it a rise in inflationary pressures, which exceeded the central bank’s 2% tolerance level by the time the year had ended. Trichet and Weber predict that the situation will worsen in the short-term and say there is no particular reason to expect price pressures won’t migrate to the medium-term. If … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 14 Jan 2011 06:29 AM PST The morning news notes as prepared by TL…inflation is cropping up, muni debt problems, US credit rating, and 2011 GDP forecasts. “Morning News Notes: January 14, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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