DailyMarkets.com - Virgin Media Posts Excellent 4Q10
DailyMarkets.com - Virgin Media Posts Excellent 4Q10 |
- Virgin Media Posts Excellent 4Q10
- Forex – Dollar Broadly Lower Vs. Rivals As U.S. Economic Data On Tap
- FX Headlines: EURUSD Remains Capped By 1.36 Ahead Of U.S. Inflation Report
- EUR/USD Forming Head And Shoulder With 1.3535 As Neckline
- Gold: Deja Vu All Over Again
- Forex – GBP/USD Hits Daily High After Sentence Speech
- Is The World Really Running Out Of Food, Water And Oil?
- Forex – EUR/USD Edges Lower Amid Concerns Over Euro Zone Debt
- Matt Taibbi Exposes Wall Street’s Regulatory Capture Strongly Recommended
- Forex – Pound Recovers Ground Vs. Euro As Rate Outlook Supports
- U.K. CBI Industrial Order Expectations Improve More-than-expected
- Forex – Dollar Down As Safe Haven Flows Lift Swiss Franc
- Swiss ZEW Economic Expectations Improve In February
- Forex – Dollar Mixed Vs. Rivals Ahead Of U.S. Economic Data
- European Stocks Mixed As Earnings In Focus; DAX Down 0.05%
- Forex – GBP/USD Down After BOE Dampens Rate Hike Optimism
- Euro Zone Current Account Deficit Widens Unexpectedly
- Forex Trading: Euro-zone Current Account -13.3B; Worse Than Expected.
- Forex Trading: EUR/USD Testing 38.2% On Hourly
- Forex – Dollar Drops Back To 2-day Low Against Yen
- Forex – NZD/USD Eases Up As Markets Await U.S. Data
- Forex – AUD/USD Moves Higher In Quiet Trade Ahead Of U.S. Data
- Asia Stocks Advance On Optimism Over U.S. Recovery; Nikkei Up 0.26%
- Forex – EUR/USD Edges Higher Amid Heightened Risk Aversion
- Bear Of The Day: Sara Lee Corp. (SLE)
- Growth & Income Stock: General Mills, Inc.
- Bull Of The Day: Stanley Black & Decker (SWK)
- Aggressive Growth Stock: Ultratech Inc.
- Momentum Stock: Hanger Orthopedic Group, Inc.
- Crude Rallies With U.S. Equities, Gold Holds Recent Gains
- FirstEnergy Falls Short Of Ests
- FirstEnergy Falls Short Of Ests
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- Forex – USD/CHF Down During Asian Trade
- Singapore Stock Market Update For Thursday 17 February
- Bull On Crude Oil, Bear On Natural Gas Is Portfolio Manager Daniel Cheng Of Matco Financial
- Forex – EUR/GBP Up During The Asian Session
- GBP/JPY Forms Flag Pattern After Decline; Targets 130.50 If Broken
- Forex – USD/JPY Down During Asian Trade
- USD/CAD Hammering Away At Support Near 0.9850
- Forex – USD/CAD Down In Asian Trading Hours
- Producer Price Inflation Is Really Pretty Average
- Forex – AUD/USD Up During Asian Trade
- The 12-mos. Oscillator Indicates There’s Room To Run
- Stock Market Summary For Wednesday, February 16, 2011
| Virgin Media Posts Excellent 4Q10 Posted: 17 Feb 2011 05:25 AM PST Virgin Media Inc. (NASDAQ:VMED) outperformed in the fourth quarter of 2010, driven by higher revenue, higher operating income, and customer's preference toward the company's bundled services. In a nutshell, the company achieved highest financial performance in its history in fiscal 2010, mainly attributable to solid top-line and bottom-line growth.
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| Forex – Dollar Broadly Lower Vs. Rivals As U.S. Economic Data On Tap Posted: 17 Feb 2011 05:09 AM PST Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, in choppy trade, ahead of the release of U.S. data on consumer price inflation for January. During European early afternoon trade, the greenback was slightly higher against the euro, with EUR/USD dipping 0.02% to hit 1.3565. Earlier in the day, official data showed that the euro zone's current account deficit widened unexpectedly in December. But the greenback was down against the pound, with … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| FX Headlines: EURUSD Remains Capped By 1.36 Ahead Of U.S. Inflation Report Posted: 17 Feb 2011 05:00 AM PST
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| EUR/USD Forming Head And Shoulder With 1.3535 As Neckline Posted: 17 Feb 2011 04:55 AM PST EUR/USD Could be Done with Pullback (2/16) - 1.3535 is the neckline to a head and shoulder seen in the 15-min chart. However, that statement would have a bearish bias anticipating this to be a top, which it would be if the 1.3535 is broken.
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| Posted: 17 Feb 2011 04:27 AM PST Here is a daily chart of the continuous gold contract (/GC) with a view broad enough to take in the previous intermediate cycle beginning last July 28. For now anyway, it looks to me that gold’s current situation is a rerun of the early August time frame. Click on the chart to ENLARGE I suppose if this plays out in true deja vu fashion we could now expect gold to spend several more weeks inching up to the $1432 level, flattening out as it gets there, taking a deep breath and then once … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Hits Daily High After Sentence Speech Posted: 17 Feb 2011 04:09 AM PST Forex Pros – The pound climbed to a daily high against the U.S. dollar on Thursday, after hawkish comments from a senior Bank of England policymaker sparked renewed speculation that U.K. interest rates will rise in the coming months. GBP/USD hit 1.6147 during European early afternoon trade, the daily high; the pair subsequently consolidated at 1.6122, gaining 0.15%. Cable was likely to find support at 1.5986, Wednesday's low and resistance at 1.6185, Wednesday's high. Earlier Thursday, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Is The World Really Running Out Of Food, Water And Oil? Posted: 17 Feb 2011 03:35 AM PST Everywhere you look today the mainstream news is talking about shortages. Authorities all over the globe are boldly proclaiming that the world is rapidly running out of food, water and oil. So are these doomsayers right? Well, it must be noted that some of the most famous “prophets of doom” of the past several decades have seen their predictions fail spectacularly. For example, in his infamous 1968 book entitled “The Population Bomb”, Paul Ehrlich made the following statement: “I don’t … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Edges Lower Amid Concerns Over Euro Zone Debt Posted: 17 Feb 2011 03:31 AM PST Forex Pros – The euro edged slightly lower against the U.S. dollar on Thursday, as concerns over the region’s debt woes and banking sector dented sentiment on the single currency. EUR/USD hit 1.3537 during European morning trade, the daily low; the pair subsequently consolidated at 1.3559, dipping 0.06%. The pair was likely to find support at 1.3461, Wednesday's low and resistance at 1.3748, the high of February 10. Earlier in the day, Moody’s rating agency placed German bank Commerzbank … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Matt Taibbi Exposes Wall Street’s Regulatory Capture Strongly Recommended Posted: 17 Feb 2011 03:30 AM PST Regular readers may be accustomed to my designating the relationship between our financial industry and the political crowd as "Wall Street-Washington incest". The technical term for this relationship is regulatory capture as defined by our Investing primer, …the process by which regulatory agencies eventually come to be dominated by the very industries they were charged with regulating. Regulatory capture happens when a regulatory agency, formed to act in the public's interest, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Pound Recovers Ground Vs. Euro As Rate Outlook Supports Posted: 17 Feb 2011 03:11 AM PST Forex Pros – The pound recovered ground against the euro on Thursday, as expectations that U.K. interest rates will rise in the near term were boosted following remarks by a senior Bank of England policymaker. EUR/GBP hit 0.8405 during European morning trade, the daily low; the pair subsequently consolidated at 0.8407, shedding 0.25%. The pair was likely to find support at 0.8359, Wednesday's low and resistance at 0.8476, the high of February 11. BOE monetary policy committee member, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.K. CBI Industrial Order Expectations Improve More-than-expected Posted: 17 Feb 2011 03:04 AM PST Forex Pros – U.K. industrial order expectations improved more-than-expected in February, industry data showed on Thursday. In a report, the Confederation of British Industry said its index of industrial order expectations improved to -8.0 in February, compared to reading of -16.0 in January. Analysts had expected the index to post a reading of -9.0 in February. On the index, a reading above 0.0 indicates increasing order volume is expected, below indicates expectations are for lower … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Down As Safe Haven Flows Lift Swiss Franc Posted: 17 Feb 2011 02:30 AM PST Forex Pros – The U.S. dollar was down against the Swiss franc on Thursday, as concerns over tensions in the Middle East boosted safe haven flows into the franc. USD/CHF hit 0.9596 during European morning trade, the daily low; the pair subsequently consolidated at 0.9564, shedding 0.31%. The pair was likely to find support at 0.9448, the low of February 4 and resistance at 0.9738, Wednesday's high. Tensions between Israel and Iran, as well as continuing anti-government protests in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Swiss ZEW Economic Expectations Improve In February Posted: 17 Feb 2011 02:07 AM PST Forex Pros – Economic sentiment in Switzerland improved in February, data showed on Thursday. In a report, the Centre for European Economic Research (ZEW) said its indicator of economic sentiment improved to -17.2 in February, compared to a reading of -18.4 January. A reading above 0.0 on the indicator indicates optimism, while a score below 0.0 indicates pessimism. According to the data, the indicator for the assessment of the current economic situation lost ground by 11.1 points in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Mixed Vs. Rivals Ahead Of U.S. Economic Data Posted: 17 Feb 2011 02:01 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, in quiet trade, as markets looked towards the release of the U.S. consumer price index for January, due later in the day. During European morning trade, the greenback was slightly higher against the euro, with EUR/USD dipping 0.03% to hit 1.3563. Earlier in the day, official data showed that the euro zone's current account deficit widened unexpectedly in December. But the greenback was down against the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Stocks Mixed As Earnings In Focus; DAX Down 0.05% Posted: 17 Feb 2011 01:43 AM PST Forex Pros – European stock markets were mixed on Thursday, as investors digested a flurry of mixed earnings results, while U.S. futures indexes pointed to a lower open on Wall Street. During European morning trade, the EURO STOXX 50 climbed 0.12%, France's CAC 40 added 0.07%, while Germany’s DAX was down 0.05%. Shares in Swiss food giant Nestle climbed 1.34% after it reported 2010 full-year net profit soared by 70% to CHF34.23 billion, as the group saw growth across all categories and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Down After BOE Dampens Rate Hike Optimism Posted: 17 Feb 2011 01:18 AM PST Forex Pros – The pound was down against the U.S. dollar on Thursday, after the Bank of England's inflation report along with weak employment data dampened expectations that the central bank could start raising rates in May. GBP/USD hit 1.6078 during European morning trade, the daily low; the pair subsequently consolidated at 1.6077, shedding 0.1%. Cable was likely to find support at 1.5986, Wednesday's low and resistance at 1.6185, Wednesday's high. On Wednesday, in its quarterly … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Euro Zone Current Account Deficit Widens Unexpectedly Posted: 17 Feb 2011 01:07 AM PST Forex Pros – The euro zone current account deficit widened unexpectedly in December, official data showed on Thursday. In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted deficit of EUR13.3 billion in December, after recording a deficit of EUR10.5 billion in November, whose figure was revised down from a deficit of EUR11.2 billion. Economists had expected the current account deficit to narrow to EUR6.1 billion in December. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: Euro-zone Current Account -13.3B; Worse Than Expected. Posted: 17 Feb 2011 01:02 AM PST The market had a limited reaction to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: EUR/USD Testing 38.2% On Hourly Posted: 17 Feb 2011 12:52 AM PST The EUR/USD, with the session low of 1.35385, tested the 38.2% line on the hourly move from Monday's low to yesterday's high. Further selling could see the pair visit the area of 1.3518-22 where the 50.0% and 100 hour moving average currently come … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Dollar Drops Back To 2-day Low Against Yen Posted: 17 Feb 2011 12:34 AM PST Forex Pros – The U.S. dollar fell to a two-day low against the yen on Thursday, after the U.S. Federal Reserve indicated that it remained concerned about high unemployment and amid concerns over escalating tensions in the Middle East. USD/JPY hit 83.48 during early European trade, the pair's lowest since Tuesday; the pair subsequently consolidated at 83.53, shedding 0.16%. The pair was likely to find support at 83.09, Monday's low and resistance at 83.97, Wednesday's high and a … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Eases Up As Markets Await U.S. Data Posted: 17 Feb 2011 12:10 AM PST Forex Pros – The New Zealand dollar was slightly higher against its U.S. counterpart on Thursday, as trade remained subdued ahead of the release of U.S. economic data later in the day. NZD/USD hit 0.7565 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7563, gaining 0.23%. The pair was likely to find support at 0.7505, Wednesday's low and resistance at 0.764, the high of February 11. Earlier in the day, Statistics New Zealand said input prices, measured by … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Moves Higher In Quiet Trade Ahead Of U.S. Data Posted: 16 Feb 2011 11:58 PM PST Forex Pros – The Australian dollar edged higher against its U.S. counterpart on Thursday, as trade remained quiet ahead of the release of U.S. economic data later in the day. AUD/USD hit 1.0052 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0043, easing up 0.12%. The pair was likely to find support at 0.9958, Wednesday's low and resistance at 1.0139, the high of February 10. Markets shrugged off remarks by Reserve Bank of Australia Assistant Governor, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Advance On Optimism Over U.S. Recovery; Nikkei Up 0.26% Posted: 16 Feb 2011 11:49 PM PST Forex Pros – Asian stock markets were broadly higher on Thursday, after the Federal Reserve raised its forecast for U.S. economic growth, sending shares in Japanese exporters higher. During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.53%, South Korea’s Kospi Composite shed 0.6%, while Japan's Nikkei 225 Index added 0.26%. The minutes of January's Federal Reserve policy meeting released Wednesday revealed that the bank raised projections for U.S. economic growth … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Edges Higher Amid Heightened Risk Aversion Posted: 16 Feb 2011 11:38 PM PST Forex Pros – The euro edged higher against the U.S. dollar on Thursday, as rising tensions in the Middle East and subdued U.S. economic data helped keep a lid on risk appetite. EUR/USD hit 1.3608 during late Asian trade, the pair's highest since Monday; the pair subsequently consolidated at 1.3581, easing up 0.08%. The pair was likely to find support at 1.3461, Wednesday's low and resistance at 1.3748, the high of February 10. Late Wednesday, Israel’s foreign minister said two Iranian … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Bear Of The Day: Sara Lee Corp. (SLE) Posted: 16 Feb 2011 11:05 PM PST Sara Lee Corp. (NYSE:SLE) is a global manufacturer as well as marketer of high-quality brand products and possesses a formidable portfolio of well-established brands. However, as the company uses different commodities and raw materials, cost-push inflation remains a key risk factor.
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| Growth & Income Stock: General Mills, Inc. Posted: 16 Feb 2011 11:05 PM PST Looking from stable growth and a strong dividend? General Mills (NYSE:GIS) has both.
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| Bull Of The Day: Stanley Black & Decker (SWK) Posted: 16 Feb 2011 11:05 PM PST Stanley Black & Decker’s (NYSE:SWK) fourth quarter results were impressive, with the top line growing 149% and EPS surpassing the Zacks Consensus Estimate by a wide margin.
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| Aggressive Growth Stock: Ultratech Inc. Posted: 16 Feb 2011 11:05 PM PST Ultratech, Inc. (NASDAQ:UTEK) analysts are raising expectations after the recent earnings surprise. A healthy balance sheet and optimistic outlook should be enough to propel this Zacks #1 Rank (Strong Buy) even higher.
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| Momentum Stock: Hanger Orthopedic Group, Inc. Posted: 16 Feb 2011 11:05 PM PST Hanger Orthopedic Group, Inc. (NYSE:HGR) recently spiked to a new all-time high after reporting a very solid fourth-quarter earnings surprise of 30%. With three consecutive earnings surprises and rising estimates, this Zacks #1 rank stock has a leg up on the momentum field.
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| Crude Rallies With U.S. Equities, Gold Holds Recent Gains Posted: 16 Feb 2011 10:51 PM PST Commodities – Energy
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| FirstEnergy Falls Short Of Ests Posted: 16 Feb 2011 10:35 PM PST Diversified energy company FirstEnergy Corp. (NYSE:FE) announced its fourth-quarter 2010 operating earnings of 70 cents per share, falling short of the Zacks Consensus Estimate of 78 cents per share. The results were also lower by 7 cents over the year-ago earnings of 77 cents per share.
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| FirstEnergy Falls Short Of Ests Posted: 16 Feb 2011 10:35 PM PST Diversified energy company FirstEnergy Corp. (NYSE:FE) announced its fourth-quarter 2010 operating earnings of 70 cents per share, falling short of the Zacks Consensus Estimate of 78 cents per share. The results were also lower by 7 cents over the year-ago earnings of 77 cents per share.
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| Forex – EUR/USD Up During The Asian Session Posted: 16 Feb 2011 10:20 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3573, up 0.03% at time of writing. The pair was likely to find support at 1.3429, Monday's low, and resistance at 1.3608, today's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8427 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Up In Asian Trade Posted: 16 Feb 2011 09:50 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6108, up 0.08% at time of writing. The pair was likely to find support at 1.5981, Monday's low, and resistance at 1.6186, Wednesday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.05% to hit 0.8426 and GBP/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/CHF Up In Asian Trading Hours Posted: 16 Feb 2011 09:20 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Thursday. EUR/CHF was trading at 1.3022, up 0.03% at time of writing. The pair was likely to find support at 1.2974, Wednesday's low, and resistance at 1.3202, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.3573 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CHF Down During Asian Trade Posted: 16 Feb 2011 08:50 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Thursday. USD/CHF was trading at 0.9591, down 0.04% at time of writing. The pair was likely to find support at 0.9554, Wednesday's low, and resistance at 0.9746, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.09% to hit 1.3581 and USD/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Singapore Stock Market Update For Thursday 17 February Posted: 16 Feb 2011 08:36 PM PST Morning Highlights There Are No Quick Picks For Today! Fed policy makers projected U.S. inflation-adjusted gross domestic product will rise 3.4% to 3.9% this year, compared with November forecasts of 3% to 3.6%. China Jan FDI rises 23.4% to US$10 billion. Singapore’s economy could grow up to 10.1% in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Bull On Crude Oil, Bear On Natural Gas Is Portfolio Manager Daniel Cheng Of Matco Financial Posted: 16 Feb 2011 08:21 PM PST With the crude contract for March rising by 72 cents to $85.04 U.S. on the back of news claiming a lesser build in inventories by the U.S. Energy Information Administration, the focus is back on the energy sector. Adding more fuel to the fire (pun intended) was news about Iran sending warships through Egypt's Suez Canal en route to Syria for the first time in years has elicited comments from Israel's foreign minister calling it another of Iran's "provocations." Daniel Cheng, CFA is … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Up During The Asian Session Posted: 16 Feb 2011 08:20 PM PST Forex Pros – The Euro was higher against the British Pound on Thursday. EUR/GBP was trading at 0.8436, up 0.07% at time of writing. The pair was likely to find support at 0.8356, Tuesday's low, and resistance at 0.8462, Monday's high. Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.11% to hit 1.3584 and EUR/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| GBP/JPY Forms Flag Pattern After Decline; Targets 130.50 If Broken Posted: 16 Feb 2011 07:52 PM PST GBP/JPY in a Throwback; 130.10 is Key Pivot (2/16 US Session) - The GBP/JPY had a strong decline earlier today, but the market has since stalled.
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| Forex – USD/JPY Down During Asian Trade Posted: 16 Feb 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday. USD/JPY was trading at 83.58, down 0.11% at time of writing. The pair was likely to find support at 83.10, Monday's low, and resistance at 83.97, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.13% to hit 1.3587 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| USD/CAD Hammering Away At Support Near 0.9850 Posted: 16 Feb 2011 07:31 PM PST USD/CAD - USD/CAD continues to be choppy, but maintains a bearish bias, or at least a lack building on top of any bullish attempts, while bearish attempts have successfully continued. That is the general sense of the market action for months now, and it continues in the 1H chart as well as the market hammers away at its recent 0.9850 support.
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| Forex – USD/CAD Down In Asian Trading Hours Posted: 16 Feb 2011 07:10 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9844, down 0.04% at time of writing. The pair was likely to find support at 0.9842, today's low, and resistance at 0.9904, Tuesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.15% to hit 1.3590 and GBP/USD rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Producer Price Inflation Is Really Pretty Average Posted: 16 Feb 2011 06:58 PM PST There were a lot reports today like this one from Barron’s: “The Producer Price Index report released by the Labor Department today is the latest sign of rising inflation pressures in the U.S. in early 2011.” The chart above shows the 12-month producer price inflation rates (data here) over the last 11 years from January of 2000 to January 2011. Note the following: 1. Annual producer inflation in January of 3.7% was less than the inflation rates during the first half of 2010, and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Up During Asian Trade Posted: 16 Feb 2011 06:30 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0033, up 0.01% at time of writing. The pair was likely to find support at 0.9944, Tuesday's low, and resistance at 1.0074, Monday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.18% to hit 1.3551 and AUD/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| The 12-mos. Oscillator Indicates There’s Room To Run Posted: 16 Feb 2011 05:10 PM PST Barry Ritholtz has been pondering the duration and intensity of the rally in his Big Picture blog. My reading of the several posts on the subject leads me to conclude that he thinks the market could get dicey soon. As support, he inserted the following chart borrowed from TheChartStore that became a topic of conversation at tonight’s dinner table: The chart says that, on a rolling 102 weeks basis, the last time the market’s rate of change has been this extreme was coming out of the Crash in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Market Summary For Wednesday, February 16, 2011 Posted: 16 Feb 2011 05:07 PM PST Today’s market action moved the major indexes to new high ground. In fact, the Nasdaq Composite is within striking ground of being at the highest level within the last decade. Investor participation and market breadth was strong. Keeping with the trend we are raising the support/resistance levels on the DJIA, S&P 500, and Nasdaq Composite (see below). Volatility remains low and investor complacency high. I cannot … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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