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- When And How Gold Will Begin Its Bubble
- Euro Zone PPI Rises In Line With Expectations In December
- Forex Trading: Euro-zone PPI As Expected At 0.8%
- Forex – EUR/GBP Extends Losses As U.K. Construction PMI Rebounds
- Desperate Markets: Carbon Trading
- Gold Is Bottoming And Longs Soon To Be Rewarded
- Europe Stocks Advance On Earnings; DAX Up 0.12%
- U.K. Construction PMI Rises More-than-expected In January
- Forex – Dollar Mixed Vs. Rivals Ahead Of U.S. Employment Data
- Forex – Pound Hits 12-week High Against Broadly Softer Dollar
- Forex – USD/JPY Rebounds From 4-week Low On Global Recovery Hopes
- Forex – NZD/USD Tests Key Resistance At 0.7825
- Forex – AUD/USD Trading Close To 1-month High On Stronger Sentiment
- Asia Stocks Surge On Optimism Over Global Recovery; Nikkei Up 1.78%
- PLD-AMB Merger: A Colossal UPREIT?
- Forex – EUR/USD Hits 3-month High As Risk Appetite Sharpens
- PLD-AMB Merger: A Colossal UPREIT?
- PLD-AMB Merger: A Colossal UPREIT?
- GE Wins Wind Services Contract
- Aggressive Growth Stock: Sanmina-SCI
- Growth & Income Stock: Rockwell Collins, Inc.
- Momentum Stock: InterDigital Inc.
- Bull Of The Day: Qualcomm, Inc. (QCOM)
- Bear Of The Day: Plexus Corporation (PLXS)
- Forex Trading: EUR/CHF Getting Support From 100 Hour Moving Average
- Forex – EUR/USD Up During The Asian Session
- NiSource Lags Estimates
- Forex – GBP/USD Up During The Asian Session
- NiSource Lags Estimates
- Forex – EUR/CHF Up During The Asian Session
- Forex – USD/CHF Down During The Asian Session
- Crude Holds Gains On Strong Economic Data, Gold Lacks Safe Haven Demand
- Forex Trading: USD/JPY Wedge Suggest USD Upside
- Forex – EUR/GBP Up During The Asian Session
- Some Tips On Playing Stock Markets Such As These
- Forex – USD/JPY Up During The Asian Session
- Silver Butterfly: An Option Trading Lesson
- Forex – USD/CAD Down During The Asian Session
- It’s All Ben’s Fault
- Can’t Help But Think We’ve Heard It Before
- Stocks Up, Houses Down: Why Most Americans Continue To Lose Ground
- Forex – AUD/USD Up During The Asian Session
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/JPY Up During The Asian Session
- Stock Market Summary For Tuesday, February 1, 2011
- Singapore Stock Market Update For Tuesday 01 February
| When And How Gold Will Begin Its Bubble Posted: 02 Feb 2011 03:35 AM PST The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any "bubble-like" conditions. In fact, we still see many people referring to this bull market as "the Gold trade," as if its an aberration that needs to be reversed or corrected. That aside, we know that Gold is under-owned as an asset class. The very well respected BCA Research estimates that globally only 1% is allocated to Gold and that fits with some of the charts that I've … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Euro Zone PPI Rises In Line With Expectations In December Posted: 02 Feb 2011 02:07 AM PST Forex Pros – Producer price inflation in the euro zone rose broadly in line with expectations in December, official data showed on Wednesday. In a report, Eurostat said that its producer price index rose by 0.8% in December, after rising by 0.3% in November. The report showed that the producer price index rose at an annualized rate of 5.3% in December, after advancing by 4.5% in November. Analysts expected year-on-year PPI to rise by 5.2%. The report showed that among euro zone member … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: Euro-zone PPI As Expected At 0.8% Posted: 02 Feb 2011 02:03 AM PST December prices rose 5.3% yearly and 0.8% for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/GBP Extends Losses As U.K. Construction PMI Rebounds Posted: 02 Feb 2011 02:01 AM PST Forex Pros – The euro extended losses against the pound on Wednesday, after data showed that construction activity in the U.K. rebounded in January, helped by better weather and a rise in new business. EUR/GBP hit 0.8524 during European morning trade, the daily low; the pair subsequently consolidated at 0.8527, shedding 0.43%. The pair was likely to find support at 0.8459, the low of January 21 and resistance at 0.8619, the high of January 31. The Markit/CIPS purchasing managers index rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Desperate Markets: Carbon Trading Posted: 02 Feb 2011 02:01 AM PST The European Emissions Trading Scheme (ETS) is an absolute, shameful and thoroughly predictable disgrace. It starts from sound enough principles. A market with a shortage – in this case, of CO2 permits – will (a) see prices rising and (b) liberate the boundless ingenuity of (capitalist) mankind to fix the shortage at the least possible cost. If, as I do, you accept that reducing CO2 emissions is a legitimate (if debatable) objective of policy, this might be a way to go about … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Gold Is Bottoming And Longs Soon To Be Rewarded Posted: 02 Feb 2011 01:58 AM PST My more recent forecasts for Gold were intermediately bearish from the $1390's area as we saw a clear triple top breakdown from the 1425-1430 ranges about 8 weeks ago. However, the drop to $1310 fulfills a potential Fibonacci pivot low according to my Elliott Wave views on Gold, and investors can begin building long positions with the following views in mind if I'm right. The rally up from the February 2010 $1,044 lows has been a large "Wave 3" structure which is not yet … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Europe Stocks Advance On Earnings; DAX Up 0.12% Posted: 02 Feb 2011 01:52 AM PST Forex Pros – European stock markets posted modest gains on Wednesday, as upbeat corporate earnings results lifted market sentiment, while U.S. futures indexes pointed to a mixed open on Wall Street. During European morning trade, the EURO STOXX 50 climbed 0.11%, France's CAC 40 was up 0.07%, while Germany’s DAX added 0.12%. Shares in the financial sector performed strongly after Spain's second largest lender BBVA reported a 96% jump in fourth quarter profit. The banking giant said … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| U.K. Construction PMI Rises More-than-expected In January Posted: 02 Feb 2011 01:37 AM PST Forex Pros – Britain’s construction sector rose more-than-expected in January, industry data showed on Wednesday. In a report, market research firm Markit and the Chartered Institute of Purchasing & Supply said that their U.K. construction purchasing managers’ index rose to a seasonally adjusted 53.7 in January, after falling to 49.1 in December. Economists had expected the index to increase to 49.7 in January. On the index, a level above 50.0 indicates industry expansion, below … [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. Employment Data Posted: 02 Feb 2011 01:18 AM PST Forex Pros – The U.S. dollar was mixed against its major rivals on Wednesday, as market sentiment was boosted by a raft of robust economic data and speculation over near-term interest rate hikes in the E.U. and the U.K. During European morning trade, the greenback was slightly higher against the euro, with EUR/USD dipping 0.05% to hit 1.3821. On Thursday, ECB head Jean-Claude Trichet was expected to warn on inflation after data earlier in the week showed that inflation in the single … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – Pound Hits 12-week High Against Broadly Softer Dollar Posted: 02 Feb 2011 12:56 AM PST Forex Pros – The pound advanced to its highest level in 12-weeks against the U.S. dollar on Wednesday, amid growing expectations that the Bank of England will raise interest rates in coming months. GBP/USD hit 1.6196 during European morning trade, the pair's highest since November 8; the pair subsequently consolidated at 1.6183, gaining 0.23%. Cable was likely to find support at 1.6009, Tuesday's low and resistance at 1.6293, the high of November 5. Earlier in the day, Bank of England … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Rebounds From 4-week Low On Global Recovery Hopes Posted: 02 Feb 2011 12:35 AM PST Forex Pros – The U.S. dollar rebounded from a four-week low against the yen on Wednesday, as optimism that the global economic recovery was gathering momentum dampened demand for the safe haven yen. USD/JPY hit 81.6 during early European trade, the daily high; the pair subsequently consolidated at 81.5, gaining 0.21%. The pair was likely to find support at 81.3, Tuesday's low and a four-week low and resistance at 82.14, Tuesday's high. Data on Tuesday showed that the U.S. manufacturing … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Tests Key Resistance At 0.7825 Posted: 02 Feb 2011 12:27 AM PST Forex Pros – The New Zealand dollar was trading close to a ten-week high against its U.S. counterpart on Wednesday, testing a key resistance at 0.7825, as optimism over the global economic recovery boosted risk appetite. NZD/USD hit 0.7825 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7804, dipping 0.1%. The pair was likely to find support at 0.771, Tuesday's low and short-term resistance at 0.7825, Tuesday's high and a ten-week high. Data on Tuesday … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Trading Close To 1-month High On Stronger Sentiment Posted: 02 Feb 2011 12:01 AM PST Forex Pros – The Australian dollar was trading close to a one-month high against its U.S. counterpart on Wednesday, as risk appetite grew on the back of stronger economic data and as fears linked to political unrest in Egypt eased. AUD/USD hit 1.0134 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0115, gaining 0.04%. The pair was likely to find support at 0.9962, Tuesday's low and short-term resistance at 1.0147, Tuesday's high and a four week … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Asia Stocks Surge On Optimism Over Global Recovery; Nikkei Up 1.78% Posted: 01 Feb 2011 11:52 PM PST Forex Pros – Asian stocks posted sharp gains on Wednesday, amid growing optimism over the global economic recovery, while shares in Japanese automakers performed strongly. During late Asian trade, Hong Kong’s Hang Seng Index surged 2.02%, Japan's Nikkei 225 Index jumped 1.78%, while South Korea’s Kospi Composite remained closed in observance of the Chinese Lunar New Year. Data on Tuesday showed that the U.S. manufacturing sector grew in January at its fastest pace since 2004, while a … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PLD-AMB Merger: A Colossal UPREIT? Posted: 01 Feb 2011 11:45 PM PST Redefining the market dynamics, ProLogis (NYSE:PLD), a leading global provider of distribution facilities, has merged with its rival AMB Property Corp. (NYSE:AMB) in an all-stock deal to become a behemoth of sorts in the industrial real estate sector.
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| Forex – EUR/USD Hits 3-month High As Risk Appetite Sharpens Posted: 01 Feb 2011 11:40 PM PST Forex Pros – The euro rose to its highest level against the U.S. dollar in three months on Wednesday, after a string of robust economic data and easing concerns over Egypt saw risk appetite sharpen. EUR/USD hit 1.3862 during late Asian trade, the pair's highest since November 9; the pair subsequently consolidated at 1.3853, gaining 0.17%. The pair was likely to find support at 1.3689, Tuesday's low and resistance at 1.3973, the high of November 9. Data on Tuesday showed that the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PLD-AMB Merger: A Colossal UPREIT? Posted: 01 Feb 2011 11:25 PM PST Redefining the market dynamics, ProLogis (NYSE:PLD), a leading global provider of distribution facilities, has merged with its rival AMB Property Corp. (NYSE:AMB) in an all-stock deal to become a behemoth of sorts in the industrial real estate sector.
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| PLD-AMB Merger: A Colossal UPREIT? Posted: 01 Feb 2011 11:25 PM PST Redefining the market dynamics, ProLogis (NYSE:PLD), a leading global provider of distribution facilities, has merged with its rival AMB Property Corp. (NYSE:AMB) in an all-stock deal to become a behemoth of sorts in the industrial real estate sector.
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| GE Wins Wind Services Contract Posted: 01 Feb 2011 11:25 PM PST General Electric Company (NYSE:GE) has won a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. These services include solutions for advanced unplanned maintenance, troubleshooting, upgrades and supply of parts.
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| Aggressive Growth Stock: Sanmina-SCI Posted: 01 Feb 2011 11:05 PM PST Sanmina-SCI (NASDAQ:SANM) analysts are looking for sizable growth for the next couple of years. Estimates continue to inch higher, pushing shares to a Zacks #1 Rank (Strong Buy).
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| Growth & Income Stock: Rockwell Collins, Inc. Posted: 01 Feb 2011 11:05 PM PST Rockwell Collins, Inc. (NYSE:COL) recently reported a solid first quarter in which earnings per share beat the Zacks Consensus Estimate by 10%. Management also raised its guidance for 2011, prompting analysts to revise their estimates higher.
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| Momentum Stock: InterDigital Inc. Posted: 01 Feb 2011 11:05 PM PST With millions of smartphones and tablets expected to be sold in 2011, wireless technology is hot. InterDigital, Inc. (NASDAQ:IDCC) expects to report a strong fourth quarter on Feb 23. Shares of this Zacks #1 Rank (strong buy) have soared in the last 6 months.
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| Bull Of The Day: Qualcomm, Inc. (QCOM) Posted: 01 Feb 2011 11:05 PM PST Supported by significant surge in demand for the high-end 3G smartphones and tablets, Qualcomm Inc. (NASDAQ:QCOM) reported historic high earnings in the first quarter of fiscal 2011. Net income was up 39% year over year and 35% sequentially.
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| Bear Of The Day: Plexus Corporation (PLXS) Posted: 01 Feb 2011 11:05 PM PST Plexus Corp. (NASDAQ:PLXS) posted mixed first quarter 2011 results with earnings surpassing but revenues missing the respective Zacks Consensus Estimates marginally. Plexus reduced its outlook for the next two quarters of 2011 due to significant headwinds resulting from a slow down in production for two significant customers, an increase in operating costs and a significant production delay for the Coca-Cola Company.
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| Forex Trading: EUR/CHF Getting Support From 100 Hour Moving Average Posted: 01 Feb 2011 11:03 PM PST EUR/CHF has received support from the 100 hour moving average for the past 2 consecutive hours and tested the line once yesterday; it is currently trading at the 200 hour moving average. Resistance at this level should bring us back to the 100 hour, but a break above may see us visit the 0.0% line at … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The Asian Session Posted: 01 Feb 2011 10:23 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3840, up 0.08% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3862, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8568 and EUR/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 01 Feb 2011 10:05 PM PST Diversified utility, NiSource Inc. (NYSE:NI), posted net operating earnings of 33 cents per share in the fourth quarter of 2010, falling short of the Zacks Consensus Estimate of 34 cents and the year-ago quarter's operating earnings of 36 cents.
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| Forex – GBP/USD Up During The Asian Session Posted: 01 Feb 2011 09:53 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.6166, up 0.13% at time of writing. The pair was likely to find support at 1.5822, Monday's low, and resistance at 1.6178, today's high. Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8566 and GBP/JPY rising 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 01 Feb 2011 09:35 PM PST Diversified utility, NiSource Inc. (NYSE:NI), posted net operating earnings of 33 cents per share in the fourth quarter of 2010, falling short of the Zacks Consensus Estimate of 34 cents and the year-ago quarter's operating earnings of 36 cents.
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| Forex – EUR/CHF Up During The Asian Session Posted: 01 Feb 2011 09:23 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Wednesday. EUR/CHF was trading at 1.2936, up 0.01% at time of writing. The pair was likely to find support at 1.2780, Monday's low, and resistance at 1.2996, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.14% to hit 1.3849 and EUR/JPY rising 0.35% 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 The Asian Session Posted: 01 Feb 2011 08:53 PM PST Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Wednesday. USD/CHF was trading at 0.9352, down 0.01% at time of writing. The pair was likely to find support at 0.9338, Tuesday's low, and resistance at 0.9471, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.13% to hit 1.3848 and USD/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Crude Holds Gains On Strong Economic Data, Gold Lacks Safe Haven Demand Posted: 01 Feb 2011 08:51 PM PST Commodities – Energy
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| Forex Trading: USD/JPY Wedge Suggest USD Upside Posted: 01 Feb 2011 08:27 PM PST The USD/JPY pair bounced off the trendline support following a USD sell off in NY, even after better prices paid and manufacturing readings in the US. The wedge below however suggests that the pair could have more upside potential and another move to the 100day moving average and 50% retracement in the … [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: 01 Feb 2011 08:23 PM PST Forex Pros – The Euro was higher against the British Pound on Wednesday. EUR/GBP was trading at 0.8567, up 0.01% at time of writing. The pair was likely to find support at 0.8510, Tuesday's low, and resistance at 0.8653, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.17% to hit 1.3854 and EUR/JPY rising 0.30% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Some Tips On Playing Stock Markets Such As These Posted: 01 Feb 2011 08:14 PM PST Despite the one-way traffic in the markets today, the last week or so have been a tough week to trade with the momentum continuously shifting between the bulls and the bears. For example, the market action on Friday was definitely bearish and I don’t have to tell you readers what followed that. So, here are some tips for playing markets like these. 1. Trade what you see, not what you think: Forget your biases on the overall markets, and trade what the market is giving you. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/JPY Up During The Asian Session Posted: 01 Feb 2011 07:43 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday. USD/JPY was trading at 81.44, up 0.12% at time of writing. The pair was likely to find support at 81.32, Tuesday's low, and resistance at 82.91, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.19% to hit 1.3856 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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| Silver Butterfly: An Option Trading Lesson Posted: 01 Feb 2011 07:23 PM PST One of the notes that I keep stuck to my computer reads "remember seasonality". For those just now becoming familiar with options, you may assume I am reminding myself not to forget deer season or the opening of the season for striper fishing. While these are important dates for many of us to remember, I am reminding myself that there are distinct periods within the options expiration cycle where certain trades work better and give a competitive advantage to the trader who recognizes and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – USD/CAD Down During The Asian Session Posted: 01 Feb 2011 07:13 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday. USD/CAD was trading at 0.9902, down 0.04% at time of writing. The pair was likely to find support at 0.9900, today's low, and resistance at 1.0058, Monday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.10% to hit 1.3844 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 01 Feb 2011 06:57 PM PST Well, I guess it's semi-official now. The demonstrations in Egypt were caused by Ben Bernanke's monetary policy. I heard it once, and my jaw dropped. Then, I heard it again. Now, it's commonplace. What can I say?
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| Can’t Help But Think We’ve Heard It Before Posted: 01 Feb 2011 06:47 PM PST According to many mainstream experts, analyst Meredith Whitney’s call for a municipal bond apocalypse is dead wrong, and the fears which have knocked that market hard since August are overblown, overdone, and an overreaction. Maybe. But when I read reports like those that follow, which detail an increasingly sorry outlook for municipal finances, as well as the fact that legislators in Washington are weighing legislation that will allow states to go bankrupt, I can’t help but think that … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stocks Up, Houses Down: Why Most Americans Continue To Lose Ground Posted: 01 Feb 2011 06:34 PM PST Put your ear to the ground and you can almost hear the bulls stampeding. The Dow closed above 12,000 Tuesday for the first time since June 2008. The Dow is up 4 percent this year after increasing 11 percent in 2010. The Standard & Poor 500 is also up 4 percent this year, and the Nasdaq index, up 3.7 percent. "The U.S. economy is back!" says a prominent Wall Streeter. Not quite. Corporate earnings remain strong (better-than-expected reports from UPS and Pfizer fueled Tuesday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – AUD/USD Up During The Asian Session Posted: 01 Feb 2011 06:33 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0117, up 0.05% at time of writing. The pair was likely to find support at 0.9867, Monday's low, and resistance at 1.0148, Tuesday's high. Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.04% to hit 1.3684 and AUD/JPY rising 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up During The Asian Session Posted: 01 Feb 2011 06:08 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3835, up 0.04% at time of writing. The pair was likely to find support at 1.3570, Monday's low, and resistance at 1.3852, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8576 and EUR/JPY rising 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/JPY Up During The Asian Session Posted: 01 Feb 2011 05:38 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Wednesday. EUR/JPY was trading at 112.72, up 0.20% at time of writing. The pair was likely to find support at 111.41, Monday's low, and resistance at 113.80, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.06% to hit 1.3838 and EUR/GBP rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stock Market Summary For Tuesday, February 1, 2011 Posted: 01 Feb 2011 04:56 PM PST Stocks marched higher today with both the DJIA and S&P 500 making new highs and closing above their respective emotional levels of 12,000 and 1,300. The Nasdaq Composite did not make a new high and is currently sitting below its resistance level of 2,755 and recent high of 2,766. The fact the DJIA and S&P 500 are rallying to new highs and the Nasdaq Composite is lagging is something to watch closely going forward. Tomorrow we get a clue on the January jobs report … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Singapore Stock Market Update For Tuesday 01 February Posted: 31 Jan 2011 11:37 PM PST Morning Highlights Singapore Shares inched up after higher close on Wall Street, with STI up 9.21 points to open at 3188.93. Lookout for IPO Sri Trang Please note that tomorrow is a half day trading day for our local market! Housing prices across South Korea rose for a fifth consecutive month in January from the previous month, pushing annual growth to a five-month high, data from the country’s top lender showed on Tuesday. Corporate Announcements: NOL announced … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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