DailyMarkets.com - Pissed Off!: 67 Percent Of Americans Are Dissatisfied With The Size And Influence Of Major Corporations

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• Pissed Off!: 67 Percent Of Americans Are Dissatisfied With The Size And Influence Of Major Corporations
• Mortgages, Foreclosures And The Monthly Nut
• Forex – AUD/USD Up During The European Session
• Forex – USD/CHF Up During The European Session
• Forex – USD/JPY Down During The European Session
• Forex – EUR/USD Down During The European Session
• Forex – GBP/USD Up During The European Session
• Bank Indonesia Raises Rate 25bps To 6.75%
• Momentum Stock: CARBO Ceramics Inc.
• Aggressive Growth Stock: Arrow Electronics
• Bear Of The Day: Eastman Kodak Co. (EK)
• Bull Of The Day: ADTRAN Inc. (ADTN)
• Growth & Income Stock: CSX Corp
• Asian Markets Close Higher; Nikkei Up 1.08%
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down During The Asian Session
• Forex – EUR/CHF Up During The Asian Session
• Forex – USD/CHF Up During The Asian Session
• Forex – EUR/GBP Up During The Asian Session
• On A Quest To Turn $3000 Into $100000 With Trader Mark Li, DMS
• Crude Falls On Profit Taking, Gold Rebounds On Bargain Buying
• Top 500 U.S. Manufacturing Firms Had Sales In 2010 Of $4.5 Trillion, Greater Than Germany’s GDP
• Forex – USD/JPY Down During The Asian Session
• Forex – USD/CAD Down During The Asian Session
• Forex – AUD/USD Up During The Asian Session
• Forex – EUR/USD Down During The Asian Session
• A Widespread Struggle To Make Ends Meet
• Forex – EUR/JPY Down During The Asian Session
• European Central Bank Holds Rate At 1.00%
• Stock Market Summary For Thursday, February 3, 2011

Pissed Off!: 67 Percent Of Americans Are Dissatisfied With The Size And Influence Of Major Corporations Posted: 04 Feb 2011 03:35 AM PST The American people are becoming increasingly angry about the extraordinary amount of power and influence that corporations have in the United States today.  A new Gallup poll found that 67 percent of Americans are dissatisfied with the size and influence of major corporations in the United States today.  Not only that, the most recent Chicago Booth/Kellogg School Financial Trust Index found that only 26 percent of Americans trust our financial system at this point.  The mainstream … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mortgages, Foreclosures And The Monthly Nut Posted: 04 Feb 2011 03:20 AM PST "Son, foreclosure is an ugly thing.  What it does to your credit is not as devastating as what it does to you.  Let me tell you how I avoided foreclosure when your father died" Arianne said. "Mom, why should I worry about foreclosure?  Harriette and I both have good jobs.  It seems silly to worry about losing the house."  Mason went to say "Mom, why do you think we should think about foreclosure?  We pay our mortgage every month." "Mason, the time to think about … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up During The European Session Posted: 04 Feb 2011 03:00 AM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 1.0171, up 0.18% at time of writing. The pair was likely to find support at 0.9867, Monday's low, and resistance at 1.0195, today's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.26% to hit 1.3396 and AUD/JPY rising 0.23% 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: 04 Feb 2011 02:20 AM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9477, up 0.22% at time of writing. The pair was likely to find support at 0.9329, Wednesday's low, and resistance at 0.9525, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.3630 and USD/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The European Session Posted: 04 Feb 2011 01:30 AM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 81.58, down 0.07% at time of writing. The pair was likely to find support at 81.32, Tuesday's low, and resistance at 82.26, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.05% to hit 1.3641 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The European Session Posted: 04 Feb 2011 12:55 AM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3631, down 0.02% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8437 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up During The European Session Posted: 04 Feb 2011 12:10 AM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.6156, up 0.11% at time of writing. The pair was likely to find support at 1.5822, Monday's low, and resistance at 1.6278, Thursday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8431 and GBP/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Indonesia Raises Rate 25bps To 6.75% Posted: 03 Feb 2011 11:50 PM PST Bank Indonesia raised its benchmark monetary policy rate 25 basis points to 6.75% due to rising upside inflation risks. Indonesia saw an inflation figure of 7.02% in January, or 4.18% in terms of core CPI inflation (vs 4.28% core inflation in December 2010). Indonesia’s economy grew 6.3% in the December quarter of 2010 (5.8% in the December quarter), vs the government target of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: CARBO Ceramics Inc. Posted: 03 Feb 2011 11:05 PM PST CARBO Ceramics Inc. (NYSE:CRR) remains one hot company as it wrapped up the best year in the company’s history in 2010. This Zacks #1 Rank (strong buy) recently surprised on the Zacks Consensus Estimate for the 4th quarter in a row which sent shares soaring to new highs. CARBO is the world’s largest supplier of ceramic proppant for fracturing oil and gas wells. With natural gas prices in the dumps, its customers have been moving towards oily, liquid-rich plays especially in the major shale areas … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Arrow Electronics Posted: 03 Feb 2011 11:05 PM PST Arrow Electronics Inc (NYSE:ARW) continues to surge since its original feature as a Zacks Rank Buy. Estimates are climbing and the company is coming off of a record year. Shares of ARW are surging, but it is not too late to get in this Zacks #2 Rank (Buy). Company Description Arrow offers industrial and commercial electronics, services and computing solutions. The company works with over 900 suppliers and 125,000 OEMs around the world. Record Quarter On Feb 2 Arrow announced record quarterly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Eastman Kodak Co. (EK) Posted: 03 Feb 2011 11:05 PM PST We downgrade our recommendation on Eastman Kodak Co. (NYSE:EK) from Neutral to Underperform based on the recent loss of lawsuit against Apple Inc. and Research In Motion Limited for infringement of patent upon initial determination. Zacks reduced its fiscal 2011 and 2012 estimate being pessimistic on the final decision to be released on May 23. Moreover, Kodak operates in a highly competitive market, where it encounters aggressive price competition for all its products and services from numerous … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: ADTRAN Inc. (ADTN) Posted: 03 Feb 2011 11:05 PM PST We are upgrading our recommendation on ADTRAN Inc. (NASDAQ:ADTN) to Outperform based on strong fundamentals. Fourth quarter earnings strongly outpaced the Zacks Consensus Estimate and year-ago results on record high revenue. ADTRAN’s three growth products are constantly delivering record revenues and are expected to doing so continuously in future. We believe the company is well positioned for strong growth in 2011 driven by mobile backhaul demand, TA 5000 rollouts, market share gains, new product … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: CSX Corp Posted: 03 Feb 2011 11:05 PM PST CSX Corp (NYSE:CSX) just continues to impress. The railroad company recently delivered its 8th consecutive positive earnings surprise driven in large part by an improving U.S. economy. Earnings estimates have been surging since the company posted better-than-expected fourth quarter results. Valuation is attractive too, with the stock sporting a PEG ratio of 0.9. Fourth Quarter Results CSX reported fourth quarter earnings per share of $1.14, beating the Zacks Consensus Estimate by 4 cents. It was a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asian Markets Close Higher; Nikkei Up 1.08% Posted: 03 Feb 2011 11:00 PM PST Forex Pros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index rose 1.08%, Australia's S&P/ASX 200 index gained 0.87%, while Hong Kong's Hang Seng Index was trading 1.81% up. Meanwhile, the outlook for U.S. equity markets was mixed. Dow Jones Industrial Average futures indicated a gain of 0.01%, S&P 500 futures pointed to a decrease of 0.00% 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 Up During The Asian Session Posted: 03 Feb 2011 10:20 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3637, up 0.02% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8448 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The Asian Session Posted: 03 Feb 2011 09:55 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.6136, down 0.001% at time of writing. The pair was likely to find support at 1.5822, Monday's low, and resistance at 1.6278, Thursday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8449 and GBP/JPY falling 0.07% 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: 03 Feb 2011 09:20 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Friday. EUR/CHF was trading at 1.2915, up 0.18% at time of writing. The pair was likely to find support at 1.2780, Monday's low, and resistance at 1.3037, Thursday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.01% to hit 1.3636 and EUR/JPY falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The Asian Session Posted: 03 Feb 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9470, up 0.15% at time of writing. The pair was likely to find support at 0.9329, Wednesday's low, and resistance at 0.9525, Thursday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.01% to hit 1.3633 and USD/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Up During The Asian Session Posted: 03 Feb 2011 08:20 PM PST Forex Pros – The Euro was higher against the British Pound on Friday. EUR/GBP was trading at 0.8450, up 0.001% at time of writing. The pair was likely to find support at 0.8437, today's low, and resistance at 0.8620, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.001% to hit 1.3634 and EUR/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

On A Quest To Turn $3000 Into $100000 With Trader Mark Li, DMS Posted: 03 Feb 2011 08:17 PM PST Hsing-Tsai (Mark) Li is an Investment Specialist at BMO Note: This interview was carried out on Jan 31, 2011. Biography: Hsing-Tsai (Mark) Li has been trading currencies and equities for over four years using technical and fundamental analysis as the basis of his trading. He is currently working with the Bank of Montreal as an Investment Specialist. Mark currently holds the Derivatives Market Specialist (DMS) designation and is a CFA Level 2 and CMT Level 2 candidate. Mark can be found … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Falls On Profit Taking, Gold Rebounds On Bargain Buying Posted: 03 Feb 2011 07:51 PM PST Commodities – Energy Crude Falls on Profit Taking Crude Oil (WTI) – $91.05 // $0.51 // 0.56% Commentary: Crude oil was fell on Thursday, with WTI shedding $0.32, or 0.35%, to settle at $90.54, while Brent fell $0.58, or 0.57%, to settle at $101.76. It was a day of profit taking as some traders lock in the gains from this week. Recall that Brent surpassed $100 for the first time in 27-months this week. In fact, prices have been above $100 every day this week. As we've been writing, the trend … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Top 500 U.S. Manufacturing Firms Had Sales In 2010 Of $4.5 Trillion, Greater Than Germany’s GDP Posted: 03 Feb 2011 07:41 PM PST IndustryWeek recently released its 2010 annual report for the 500 largest publicly held U.S. manufacturing companies based on revenue.  Here are some factoids: 1. The combined revenue of the top 500 U.S.-based manufacturing for 2010 was $4.55 trillion.  To put that in perspective, that amount of revenue would put that group of U.S. manufacturing companies between the entire $5.4 trillion GDP of Japan in 2010 (world’s third largest economy) and the $3.3 trillion GDP of Germany in 2010 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 03 Feb 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 81.53, down 0.14% at time of writing. The pair was likely to find support at 81.32, Tuesday's low, and resistance at 82.26, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.02% to hit 1.3637 and GBP/USD falling 0.02% 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: 03 Feb 2011 07:10 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday. USD/CAD was trading at 0.9906, down 0.07% at time of writing. The pair was likely to find support at 0.9860, Wednesday's low, and resistance at 1.0058, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.02% to hit 1.3637 and GBP/USD falling 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up During The Asian Session Posted: 03 Feb 2011 06:30 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Friday. AUD/USD was trading at 1.0185, up 0.32% at time of writing. The pair was likely to find support at 0.9867, Monday's low, and resistance at 1.0195, today's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.31% to hit 1.3389 and AUD/JPY rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 03 Feb 2011 06:05 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.3627, down 0.05% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.09% to hit 0.8442 and EUR/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Widespread Struggle To Make Ends Meet Posted: 03 Feb 2011 05:52 PM PST (Source: image.) Not to pour cold water on the rally — though a little water-boarding might be just the trick to jar loose those rocks substituting as brains in the heads of all those “Dow 12,000″ hat-wearing bulls – but I wonder if any of them noticed a recent poll (via Market Digest) that reveals nearly half of the population is having a hard time staying afloat? Four in 10 Americans Struggle to Pay the Bills Despite signs of recovery from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down During The Asian Session Posted: 03 Feb 2011 05:35 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Friday. EUR/JPY was trading at 111.15, down 0.13% at time of writing. The pair was likely to find support at 111.05, Thursday's low, and resistance at 112.92, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.05% to hit 1.3627 and EUR/GBP falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Central Bank Holds Rate At 1.00% Posted: 03 Feb 2011 05:24 PM PST The European Central Bank held its main refinancing operations interest rate at 1.00%, the marginal lending facility at 1.75% and the deposit facility at 0.25%. The ECB noted that “current key ECB interest rates still remain appropriate” but that the ECB continues “to see evidence of short-term upward pressure on overall inflation, mainly owing to energy and commodity prices”. The EU recorded inflation of 2.5% in January, versus the ECB target inflation rate of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Thursday, February 3, 2011 Posted: 03 Feb 2011 04:33 PM PST Stocks had a weak open with the Nasdaq Composite down as much as 0.9% intra-day.  By the close the DJIA, S&P 500, and Nasdaq Composite each finished up 0.2% on mixed participation from investors.  The basically flat close is what you would expect to see the day before a key economic report.  Tomorrow morning at 8:30 we get the U.S. jobs report from the government.  The DJIA and S&P 500 both traded below their psychological levels of 12,000 and 1,300, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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