DailyMarkets.com - Who Will Win The iPhone Wars?

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• Who Will Win The iPhone Wars?
• Forex – AUD/USD Down During The European Session
• Forex – USD/CHF Up During The European Session
• Forex Trading: Eurozone CPI
• Forex – USD/JPY Down During The European Session
• Forex – EUR/USD Up During The European Session
• Forex Trading: Eur/Usd Above 100 Day M/A
• Forex – GBP/USD Up During The European Session
• Is Equity Sentiment Really Overbullish?
• Face To Face With John Embry On Gold & Precious Metals
• Picture Du Jour: Inflection Point For Inflation
• John Williams Predicts Hyperinflation, Aka The “Great Collapse”
• Interview Du Jour: Face To Face With Karl Marx – Diss Capital
• Europe’s Banks Require Capital, Says El-Erian, But Gross Is Not Buying Portugal’s Debt
• Momentum Stock: Bungee, Ltd
• Growth & Income Stock: CMS Energy Corporation
• Aggressive Growth Stock: Tenneco Inc.
• Bull Of The Day: TAM S.A.
• Bear Of The Day: RadioShack Corp. (RSH)
• Asian Markets Mixed At Close; Nikkei Down 0.86%
• Forex – EUR/USD Down During The Asian Session
• Laugh Out Loud: Where To Pin The Blame …
• South African Manufacturing Recovers Its Footing (partly)
• Forex – GBP/USD Down During The Asian Session
• Forex – EUR/CHF Down During The Asian Session
• America’s Ridiculously Large $15T Economy
• Singapore Announces New Measures To Cool Property Market
• Crude Oil Falls For First Time This Week, Gold Moves Lower In Listless Trade
• Forex – USD/CHF Up During The Asian Session
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Down During The Asian Session
• ETF News Update: A Good News, Bad News Day (GLD, IWM, UUP)

Who Will Win The iPhone Wars? Posted: 14 Jan 2011 03:35 AM PST What is going on with the telecom sector? Looking at a chart of IYZ, iShares DJ US Telecom Index ETF (IYZ), there is a test of the uptrend in play pulling back to $23. It doesn't seem like much to fuss about, but looking at AT&T (NYSE:T) and Verizon (NYSE:VZ) the picture is a little different. If you have been missing in action the last few days – Verizon is getting the iPhone! That news has prompted everyone with an opinion to comment on what it means for Verizon, AT&T, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During The European Session Posted: 14 Jan 2011 03:00 AM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday. AUD/USD was trading at 0.9905, down 0.72% 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. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.81% to hit 1.3505 and AUD/JPY falling 0.74% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The European Session Posted: 14 Jan 2011 02:20 AM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9640, up 0.01% 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. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.3354 and USD/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone CPI Posted: 14 Jan 2011 02:09 AM PST   Eurozone CPI y/y came in at 2.2%, inline with expectations and prior reading. Core CPI y/y came in at 1.1%, inline with expectations and prior reading. ECB's Weber stated medium term inflation could move to the upside, precipitating a sell off of Euro. Eur/Usd sold off going into numbers, trading down to 1.3355. The pair is currently at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The European Session Posted: 14 Jan 2011 01:30 AM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 82.68, down 0.16% 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. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.26% to hit 1.3399 and GBP/USD rising 0.08% to hit … [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 12:55 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3426, up 0.46% 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 up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.55% to hit 0.8484 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eur/Usd Above 100 Day M/A Posted: 14 Jan 2011 12:43 AM PST Eur/Usd is currently trading above its 100 day M/A of 1.3410 and the 38.2% fibo of move down from 1.4281 to 1.2863 (1.3407). A daily close above this level is a bullish signal for the pair with the 61.8% fibo at 1.3739 being next daily resistance. If we have a pullback 1.3400-10 should provide support in short run with 1.3320-30 acting as next level of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The European Session Posted: 14 Jan 2011 12:10 AM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.5845, up 0.04% at time of writing. The pair was likely to find support at 1.5476, Monday's low, and resistance at 1.5884, Thursday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.34% to hit 0.8466 and GBP/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Is Equity Sentiment Really Overbullish? Posted: 14 Jan 2011 12:00 AM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Sentiment indicators from the AAII (individual investors) and Investors Intelligence (newsletter writes) indicate that stock market sentiment is at historically high levels, and has been for a while. However, whenever I discuss stock markets with people – ranging from private investors to institutions to journalists – most of them seem to be more … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Face To Face With John Embry On Gold & Precious Metals Posted: 13 Jan 2011 11:55 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Eric King recently conducted an excellent interview with John Embury, Chief Investment Strategist of Sprott Asset Management. Embry is an industry expert on precious metals and has been researching the gold sector for over thirty years. Click here or on the image below to listen to the interview. Face to face with John Embry on gold & precious … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Picture Du Jour: Inflection Point For Inflation Posted: 13 Jan 2011 11:50 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. The U.S. economy is on the brink of turning from a deflationary environment to an inflationary one, according to Deutsche Bank (via Business Insider –  Clusterstock). Deutsche Bank said: "For the past several months we have emphasized the notion that the inflection point for consumer prices, whereby disinflation yields to modest inflation, is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

John Williams Predicts Hyperinflation, Aka The “Great Collapse” Posted: 13 Jan 2011 11:45 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Andrea Mandell-Campbell of CTV interviewed John Williams of Shadow Stats, who has repeatedly warned that the U.S. economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon – in fact, they're likely to get worse. The end … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Interview Du Jour: Face To Face With Karl Marx – Diss Capital Posted: 13 Jan 2011 11:40 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Paul Mason, BBC Newsnight's Economics Editor, managed to track Karl Marx down and produced the delightful interview below as reported by the NewStatesman. Karl Marx, in London for a book signing, stumbles off the Eurostar and straight into an interview with Paul Mason at a café in King's Cross. How does the credit crunch fit with the guru's theory of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Europe’s Banks Require Capital, Says El-Erian, But Gross Is Not Buying Portugal’s Debt Posted: 13 Jan 2011 11:35 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Mohamed El-Erian, chief executive officer of PIMCO, talks on Bloomberg about Europe's financial crisis and the banking industry. From the same firm, Bill Gross, manager of the world's largest bond fund, discusses the debt sold on Wednesday at auction by Portugal. Gross also talks about the municipal bond market, Federal Reserve policy and investment … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Bungee, Ltd Posted: 13 Jan 2011 11:05 PM PST Bungee Ltd. (NYSE:BG) just hit a new 6-month high as shares continue to rally on higher agriculture prices. With rising estimates and a bullish growth projection, this Zacks #1 rank stock offers a hearty serving of momentum.. Company Description Bungee Ltd. operates in the food and agriculture business worldwide. The company was founded in 1818 and has a market cap of $10 billion. With agriculture prices surging on strong demand and falling inventories, agribusiness companies have been strong. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: CMS Energy Corporation Posted: 13 Jan 2011 11:05 PM PST Investors looking for a juicy dividend and some growth should check out CMS Energy Corporation (NYSE:CMS). The utility yields a hefty 4.4% and analysts expect the company to grow EPS by 8% in 2010 and 7% in 2011. The stock appears to be reasonably priced too, trading at 13x forward earnings. It is a Zacks #2 Rank (Buy) stock. Third Quarter Results The company reported third quarter earnings per share of 52 cents, beating the Zacks Consensus Estimate by 5 cents. It was a 73.3% increase over the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Tenneco Inc. Posted: 13 Jan 2011 11:05 PM PST Tenneco (NYSE:TEN) estimates are still rising as we approach the next earnings report. Shares are trading with great valuations and growth rates are fantastic and currently are a Zacks #1 Rank (Strong Buy). Company Description Tenneco designs and makes emission control and ride control products for both OEMs and aftermarket segments of the automotive industry. Brand names include Monroe, Walker, Gillet and Clevite Elastomer. Revenue Up 23% On Oct 28 Tenneco announced third-quarter results that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: TAM S.A. Posted: 13 Jan 2011 11:05 PM PST We upgrade our rating on TAM S.A. (NYSE:TAM) from Neutral to Outperform based on the proposed merger of LAN Airlines S.A. and TAM, to be christened LATAM with the total expected synergies of US$400 million. The merger, which is expected to close by the middle of fiscal 2011 will make LATAM a strong competitor in the domestic market. The company also reported decent numbers in the third quarter with EPADS of $1.14, much above the Zacks Consensus Estimate of $0.45. Moreover, the recovery in market … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: RadioShack Corp. (RSH) Posted: 13 Jan 2011 11:05 PM PST We downgrade our recommendation for RadioShack Corp. (NYSE:RSH) to Underperform following our view that the company’s profitability may suffer in 2011 due to several reasons. Transition of its Kiosks businesses from Sam’s Club to Target stores will result in huge losses in operating profit. Management predicted that pressure on gross margin will continue in the near future since the company is working hard to revamp its struggling electronics accessories segment and deploying wireless kiosks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asian Markets Mixed At Close; Nikkei Down 0.86% Posted: 13 Jan 2011 11:00 PM PST Forex Pros – Asian stocks were mixed after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index fell 0.86%, Australia's S&P/ASX 200 index gained 0.13%, while Hong Kong's Hang Seng Index was trading 0.05% down. Meanwhile, the outlook for U.S. equity markets was upbeat. Dow Jones Industrial Average futures indicated a gain of 0.05%, S&P 500 futures pointed to an increase of 0.13% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 13 Jan 2011 10:20 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3341, down 0.18% at time of writing. The pair was likely to find support at 1.2874, Monday's low, and resistance at 1.3383, Thursday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.18% to hit 0.8423 and EUR/JPY falling 0.46% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Laugh Out Loud: Where To Pin The Blame … Posted: 13 Jan 2011 10:00 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. Laugh out Loud: Where to pin the blame … was first posted on January 14, 2011 at 8:00 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 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

South African Manufacturing Recovers Its Footing (partly) Posted: 13 Jan 2011 09:55 PM PST Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog. By Cees Bruggemans, Chief Economist of FNB. Manufacturing output improved from a revised year-on-year of +2.3% in October to +4.6% in November, a gratifying rebound after the 3Q2010 dip. This was clearly a comeback from the strike-riddled 3Q2010, but it was ultimately not as impressive as it could have been. Granted, motor industry output jumped 30% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The Asian Session Posted: 13 Jan 2011 09:55 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5835, down 0.03% at time of writing. The pair was likely to find support at 1.5476, Monday's low, and resistance at 1.5884, Thursday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8426 and GBP/JPY falling 0.35% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down During The Asian Session Posted: 13 Jan 2011 09:20 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.2867, down 0.09% at time of writing. The pair was likely to find support at 1.2433, Monday's low, and resistance at 1.2885, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.10% to hit 1.3352 and EUR/JPY falling 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

America’s Ridiculously Large $15T Economy Posted: 13 Jan 2011 09:17 PM PST The Economist has a great interactive map that compares the economic output of American states to the economic output (GDP) of entire countries, which helps put the ridiculously large U.S. economy (GDP of about $15,000,000,000,000) into perspective.  The map also compares the population of U.S. states to comparable countries.  I featured a similar map on CD back in 2007, but it wasn’t interactive.  HT: Robert … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Announces New Measures To Cool Property Market Posted: 13 Jan 2011 08:52 PM PST Singapore Government had just announced a spate of new measures to cool off the property market that have continued to rise despite earlier efforts to slow it down. Effective from today, buyers of residential properties who sell it within four years will have to pay a stamp duty (called seller stamp duty or SSD in short), up from the current requirement of three years. SSD is also increased from 3% previously to a maximum of 16%. Loan-to-value limit has also been reduced to 60 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Falls For First Time This Week, Gold Moves Lower In Listless Trade Posted: 13 Jan 2011 08:51 PM PST Commodities – Energy Crude Oil Falls for First Time This Week Crude Oil (WTI) – $91.07 // $0.33 // 0.36% Commentary: Crude oil put in its first loss in four sessions, shedding $0.46, or 0.5%, to settle at $91.40, while Brent ticked $0.06, or 0.06%, lower to settle at $98.06. We can't make much of such a minor loss given the significant gains we have seen this week, so we won't. The only notable news on the day was the release of U.S. weekly jobless claims which ticked up to 445K, much … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The Asian Session Posted: 13 Jan 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9644, up 0.05% at time of writing. The pair was likely to find support at 0.9613, Thursday's low, and resistance at 0.9784, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.21% to hit 1.3337 and USD/JPY falling 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 13 Jan 2011 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8424, down 0.17% at time of writing. The pair was likely to find support at 0.8285, Monday's low, and resistance at 0.8442, Thursday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.25% to hit 1.3332 and EUR/JPY falling 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 13 Jan 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 82.63, down 0.22% at time of writing. The pair was likely to find support at 82.55, Thursday's low, and resistance at 83.49, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.20% to hit 1.3338 and GBP/USD falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

ETF News Update: A Good News, Bad News Day (GLD, IWM, UUP) Posted: 13 Jan 2011 05:08 PM PST It was a good news, bad news day for exchange traded funds (ETFs) and stocks in world markets as data was mixed and U.S. markets declined slightly.  On the good news front, Intel blasted through their earnings expectations (as usual) by posting a 48% rise in profits and an optimistic outlook for the company's future.  More good news came out of Europe with successful bond auctions in Spain and Italy which dampened fears regarding the Eurozone financial crisis.  On the bad news … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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