DailyMarkets.com - Review Of Blue From American Express: Get Up To 3 Points Per Dollar Spent With This Rewards Credit Card

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• Review Of Blue From American Express: Get Up To 3 Points Per Dollar Spent With This Rewards Credit Card
• Egyptian Unrest Lifts Oil
• U.S. ISM Manufacturing PMI Rises Unexpectedly In January
• Plains Reports Good Prelim Results
• EUR/AUD Forming Head And Shoulder
• Anadarko Ahead On Robust Volumes
• Crude Oil Speculation Is Back!
• U.S. Stocks Jump On Earnings Optimism; Dow Jones Up 0.53%
• Goodrich’s Services Agreement
• Mixed Results For Manitowoc
• Stock Market News Briefs: Alpha Natural Resources, Cavium Networks, Cytec Industries, Intel, McKesson, Massey Energy Company, Pre-Paid Legal Services, Exxon Mobil Corporation
• Earnings Scorecard: Intuitive
• Swiss Franc: Capped By A Negative Trend Line
• Japanese Yen: Under Pressure
• British Pound: The Downside Prevails
• Euro: Under Pressure
• BP Falls Short, Resumes Dividend
• Forex – USD/CAD Down, Moving Back Below Parity
• Earnings Preview: Marathon Oil
• Forex Trading: USDCHF Tests Trendline And 100 Hour MA
• Forex Trading: GBPUSD Tests Intraday Support Levels
• AUD/USD In A Double Zig Zag Correction; Upside Risk Projections
• Eastman Misses EPS, Matches Rev.
• FX Headlines: Euro Advance To Be Short-Lived As Upside Momentum Slows
• Forex – Dollar Extends Broad Losses As Risk Appetite Improves
• Gold Completes A Gartley; Silver Is In An Ascending Triangle
• Forex – EUR/GBP Trims Losses After Record U.K. Manufacturing PMI
• USD/JPY Could Rally From Triangle Support
• EUR/USD Targets 1.3820; 1.3540 Holds Key Support
• Forex – Euro Hits 10-week High Against Broadly Weaker Dollar

Review Of Blue From American Express: Get Up To 3 Points Per Dollar Spent With This Rewards Credit Card Posted: 01 Feb 2011 07:35 AM PST Before you apply for this American Express Blue credit card, read this! Are you looking for an American Express (NYSE:AXP) card that rewards you on your spending, is a credit card and doesn’t have any annual fee? If so, you might want to consider Blue from American Express, a rewards credit card especially designed for people who have good to excellent credit score. Here I’ll do a detailed review of Blue from American Express, one of the best credit cards issued by American Express in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Egyptian Unrest Lifts Oil Posted: 01 Feb 2011 07:18 AM PST Today’s Idea The situation in Egypt presents an interesting situation for traders. Trading news events can be a very high-risk proposition. For this reason, some traders may wish to take on a trade with predefined risk – for example, buying a March Crude Oil 92 call and selling a March 94 call for a debit of 0.85, or $850. The trade risks the initial cost for a possible maximum profit of $1,150. Fundamentals Crude Oil futures have surged over the past two sessions, largely due to the unrest … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. ISM Manufacturing PMI Rises Unexpectedly In January Posted: 01 Feb 2011 07:08 AM PST Forex Pros – Manufacturing activity in the U.S. rose unexpectedly in January, rising to the highest level since May 2004, industry data showed on Tuesday. In a report, the Institute for Supply Management said its index of purchasing managers rose to 60.8 in January, after rising to 58.5 in December, whose figure was revised up from 57.0. Analysts had expected the ISM index of purchasing managers to decline to 58.2 in January. On the index, a reading above 50.0 indicates industry expansion, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Plains Reports Good Prelim Results Posted: 01 Feb 2011 07:05 AM PST Oil and gas company, Plains Exploration & Production Co. (NYSE:PXP) announced its preliminary operating results for 2010. Performance for the year, on the operational front, bettered year-ago levels. The company is scheduled to release its full year 2010 earnings results on February 24, 2011. Proved reserves of the company, at year-end 2010, were 416.1 million barrels of oil equivalent (MMBOE), reflecting a 15.7% growth from the year-ago reserve level of 359.5 MMBOE. The reserves comprised 54 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/AUD Forming Head And Shoulder Posted: 01 Feb 2011 07:01 AM PST EUR/AUD - EUR/AUD has flattened out, and is showing a head and shoulder in the 4H chart. - Note that the RSI is still above 40. Also, note the bullish scenario even if we do have a head and shoulder. - The bullish scenario sees support at around 1.3550. If the RSI is still around 40, there would be a positive reversal signal, suggesting another rally attempt towards 1.3985 (swing projection). -  However, if the market breaks below 1.3515 (38.2% retracement), it can slide towards … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Anadarko Ahead On Robust Volumes Posted: 01 Feb 2011 06:55 AM PST Anadarko Petroleum Corporation (NYSE:APC) posted net earnings from continuing operations of 29 cents per share for the fourth quarter, significantly above the Zacks Consensus Estimate of 22 cents and earnings of 4 cents per share reported in the same period last year. For the full year 2010, Anadarko earned $1.80 per share, which also surpassed the Zacks Consensus Estimate of $1.76. On a GAAP basis, however, Anadarko's earnings of 22 cents per share in the fourth quarter lagged the year-ago … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Speculation Is Back! Posted: 01 Feb 2011 06:53 AM PST Speculation relative to crude prices is back, thanks to the political unrest in Egypt. The price of crude has jumped from $85.65 last Thursday to $92.19 on Monday. The reaction to the potential disruption in the Middle East has been sharp and it has been accompanied by many reasons and rationale. For the trader the opportunity is manna from heaven, and for the investor it is just another volatile period in the uptrend off the May 2010 lows. The move puts crude back at the previous … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Stocks Jump On Earnings Optimism; Dow Jones Up 0.53% Posted: 01 Feb 2011 06:53 AM PST Forex Pros – U.S. stocks were broadly higher after the open on Tuesday, as a string of upbeat corporate earnings results boosted sentiment and as markets shrugged off concerns over political turmoil in the Middle East. During early U.S. trade, the Dow Jones Industrial Average gained 0.53%, the S&P 500 index jumped 0.82%, while the Nasdaq Composite index surged 1.03%. Shares in pharmaceutical giant Pfizer added 3.02% after it reported fourth quarter profit jumped by 73% to USD2.89 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Goodrich’s Services Agreement Posted: 01 Feb 2011 06:36 AM PST Goodrich Corporation (NYSE:GR) and Royal Jordanian Airlines have signed a five year agreement, by virtue of which Goodrich will provide maintenance and support of nacelles and thrust reversers for the airline’s fleet of V2500-powered Airbus A320s, CF34-10E powered Embraer 195s and CFM56-5C- powered Airbus A340s. The contract will be executed by Goodrich’s Dubai campus in Jebel Ali, United Arab Emirates. In December 2010, Goodrich was selected by Air Arabia for support of nacelles and thrust … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mixed Results For Manitowoc Posted: 01 Feb 2011 06:36 AM PST Manitowoc Co. Inc. (NYSE:MTW) has delivered an adjusted EPS of 11 cents in its fourth quarter ended December 31, 2010, outperforming the Zacks Consensus Estimate of 4 cents. The company also reversed its prior-year adjusted loss per share of 9 cents. The EPS reported in the quarter excluded special items viz. loss on early extinguishment of debt of 14 cents and allowance for deferred tax asset valuation allowance of 39 cents. The year-ago EPS excludes the loss on early extinguishment of debt of 4 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market News Briefs: Alpha Natural Resources, Cavium Networks, Cytec Industries, Intel, McKesson, Massey Energy Company, Pre-Paid Legal Services, Exxon Mobil Corporation Posted: 01 Feb 2011 06:36 AM PST  ExxonMobil (NYSE:XOM) reported Q4 EPS of $1.85, ahead of the Zacks Consensus Estimate of $1.68 per share. Revenues for the quarter rose to $105.2 billion, lower than the Zacks Consensus Estimate of $113.268 billion  Alpha Natural Resources (NYSE:ANR) announced a plan to acquire fellow metallurgical coal producer Massey Energy (NYSE:MEE) for $8.5 billion. Massey's stockholders will receive $10 in cash plus 1.025 shares of Alpha Natural stock for every Massey share. Based on Massey's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Intuitive Posted: 01 Feb 2011 06:36 AM PST Intuitive Surgical (NASDAQ:ISRG) reported favorable fourth-quarter 2010 results on January 20. Earnings per share came in at $3.02, beating the Zacks Consensus Estimate of $2.26. Fourth Quarter Review Revenues increased 21% year over year to $389 million, beating the Zacks Consensus Estimate by $17 million. Recurring revenues grew at a brisk pace and constituted just over one-half of sales in fiscal 2010. Instruments and accessories revenues were $151 million in the quarter, up 33% year over year. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss Franc: Capped By A Negative Trend Line Posted: 01 Feb 2011 06:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Japanese Yen: Under Pressure Posted: 01 Feb 2011 06:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

British Pound: The Downside Prevails Posted: 01 Feb 2011 06:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro: Under Pressure Posted: 01 Feb 2011 06:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

BP Falls Short, Resumes Dividend Posted: 01 Feb 2011 06:08 AM PST BP Plc (NYSE:BP) reported fourth-quarter 2010 earnings of $1.39 per American Depositary Share (ADS), well below the Zacks Consensus Estimate of $1.63. The quarterly result was marginally below the year-earlier profit level of $1.40. We have adjusted earnings for non-operating items for the comparable periods. Although the company realized higher oil and gas prices and lower depreciation in the quarter, the oil spill incident has hit hard the British oil giant. The company's revenue increased … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down, Moving Back Below Parity Posted: 01 Feb 2011 06:08 AM PST Forex Pros – The U.S. dollar was down against its Canadian counterpart on Tuesday, moving back below parity but losses were limited as oil prices softened. USD/CAD hit 0.9965 during European afternoon trade, the daily low; the pair subsequently consolidated at 0.9973, shedding 0.35%. The pair was likely to find support at 0.9931, last Friday's low and resistance at 1.0008, the days high. Earlier in the day, crude oil prices eased, shedding 0.55% to hit USD91.39 a barrel. Oil's losses … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Preview: Marathon Oil Posted: 01 Feb 2011 06:07 AM PST Leading integrated oil and gas company Marathon Oil Corp. (MRO) is expected to report its fourth quarter and full year 2010 earnings on Wednesday, February 2, 2011, before the opening bell. The Zacks Consensus Estimate for the fourth quarter is 96 cents per share, while that for fiscal 2010 is $3.49. Third Quarter 2010 Recap Marathon's earnings per share, excluding one-time items, came in at $1.00, surpassing the Zacks Consensus Estimate of 94 cents and the year-ago adjusted profit of 61 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDCHF Tests Trendline And 100 Hour MA Posted: 01 Feb 2011 06:05 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: GBPUSD Tests Intraday Support Levels Posted: 01 Feb 2011 05:50 AM PST … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD In A Double Zig Zag Correction; Upside Risk Projections Posted: 01 Feb 2011 05:27 AM PST AUD/USD - AUD/USD is in a double zig zag, as seen in the 4H chart above. We are in the Y of WXY, so the second part of the double zig zag. If a = c, and W = Y, we should see resistance where the market is now, right under parity. where you also have 61.8% retracement from the decline since the start of the year. - However, just looking at the second zig zag, if c = 161.8% of a, the market would be at 1.0180. That is the maximum risk projection of this double zig zag as it is also near 78.6% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Eastman Misses EPS, Matches Rev. Posted: 01 Feb 2011 05:25 AM PST Eastman Chemical Company (NYSE:EMN) reported solid fourth quarter 2010 results. Excluding one-time charges, the chemical producer earned $1.41 per share versus $1.35 in the prior-year quarter on stronger demand for its coatings, adhesives and plastics. However, the results missed the Zacks Consensus Estimate of $0.11 per share on account of non-deductibility of early distributions under the executive deferred compensation plan. Earnings from continuing operations were 23 cents per diluted share in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FX Headlines: Euro Advance To Be Short-Lived As Upside Momentum Slows Posted: 01 Feb 2011 05:00 AM PST          Fundamental Headlines • Egyptians Gather in Main Square – Wall Street Journal • EU, U.S Clamp Down on Belarus – Wall Street Journal • Investors Return to Risk as Egypt Fears Ease – Financial Times • Fed's Easy Money Helps European Banks Refinance – Bloomberg • Derivatives Plan for European Watchdog May Exceed EU Power – Bloomberg EURUSD: Germany's unemployment change for the month of January fell 13K after rising a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Extends Broad Losses As Risk Appetite Improves Posted: 01 Feb 2011 04:51 AM PST Forex Pros – The U.S. dollar extended broad losses against its major counterparts on Tuesday, as markets brushed off concerns over political turmoil in Egypt and the euro and the pound posted strong gains. During European early afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.43% to hit 1.3752. Earlier, official data showed that level of employment in Germany rose for the 11th consecutive month in December, lifting the overall level to its highest point in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Completes A Gartley; Silver Is In An Ascending Triangle Posted: 01 Feb 2011 04:37 AM PST Gold (XAU/USD) - Gold: A swing projection targets 1361, but has shown a double top just below the 1350 area. The market retraced 61.8% but then rallied again. This rally is now testing the double top. - It also retraced slightly more than 61.8% of the decline. - Note also the bearish signal as the market completed a Gartley. In the near-term the market is bearish. - The RSI failed to break back above 60, so it has not shown near-term bullish continuation and instead further consolidation. - … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Trims Losses After Record U.K. Manufacturing PMI Posted: 01 Feb 2011 04:07 AM PST Forex Pros – The euro trimmed losses against the pound on Tuesday, pulling back from a six-day low hit following a report showing that manufacturing in the U.K. grew in January at its fastest pace since records began in 1992. EUR/GBP clawed back up from 0.851, the pair's lowest since January 24, to hit 0.8541 during European early afternoon trade, slipping 0.08%. The pair was likely to find support at 0.849, the low of January 24 and resistance at 0.8619, Monday's high. The Markit/CIPS … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Could Rally From Triangle Support Posted: 01 Feb 2011 04:00 AM PST USD/JPY - The daily chart shows the USD/JPY in a triangle which has been in swings of about 78.6% retracement. The last is no different, falling below 82.00, to test the 81.50 area and rising support of the triangle. - We should probably consider a a chance for a rally from here. - However, the bullish outlook remains contained below 82.25. Then 82.60, and 83.12 are your next near-term, short-term targets. - Let's see if the market finds support. Will the USD/JPY respect the triangle … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Targets 1.3820; 1.3540 Holds Key Support Posted: 01 Feb 2011 03:34 AM PST EUR/USD - The EUR/USD continued higher, breaking above the 1.3755 high from last week. This opens up the 4H positive reversal target towards the 1.3820 area. - Note that this is also the extended retracement level between 138.2% and 150%. A swing projection targets 1.3830. - There is still further upside risk, especially if the market holds above 1.3730. In the daily chart, the 78.6% fibonacci retracement level is at 1.3975 and would be the next target above the the 1.3830 clip. - The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Hits 10-week High Against Broadly Weaker Dollar Posted: 01 Feb 2011 03:20 AM PST Forex Pros – The euro advanced to a ten-week high against the broadly weaker U.S. dollar on Tuesday, amid speculation that rising inflation in the euro zone will see the European Central Bank raise interest rates before the U.S. Federal Reserve does. EUR/USD hit 1.3747 during European morning trade, the pair's highest since November 22; the pair subsequently consolidated at 1.374, gaining 0.35%. The pair was likely to find support at 1.3569, Monday's low and short-term resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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