DailyMarkets.com - $100 Oil Sparks New Global Land Grab
DailyMarkets.com - $100 Oil Sparks New Global Land Grab |
- $100 Oil Sparks New Global Land Grab
- Dow Theory With Hurst Cycles
- Trading Monday’s Market (DIA, SPY, QQQQ)
- Euro Stocks Mixed As Oil, Greece Downgrade Weighs; DAX Up 0.15%
- Forex Trading: EUR/USD Testing Channel Resistance
- Bear Knuckle Fights In The Market
- Forex Trading: Euro-zone Sentix Investor Confidence 17.1; Better Than Expected.
- Euro Zone Sentix Investor Confidence Rises Less-than-expected
- Chart Analysis: SLV – The Silver Rush
- Forex – Dollar Broadly Lower Vs. Rivals On Oil Price Gains
- Forex – GBP/USD Moves Higher As BoE Rate Hike Outlook Supports
- Forex – USD/JPY Hits 2-day Low As Higher Oil Prices Dent Sentiment
- Forex – AUD/USD Down As Higher Oil Prices Weigh Sentiment
- Forex – NZD/USD Close To 5-month Low On RBNZ Rate Cut View
- Asia Stocks Tumble As Oil Prices Weigh; Nikkei Drops 1.76%
- Forex – EUR/USD Close To 4-month High As Rate View Supports
- Growth & Income Stock: The Fastenal Corporation
- Aggressive Growth Stock: Generac Holdings
- Forex – EUR/USD Down During The Asian Session
- Forex – GBP/USD Down In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- EUR/GBP Nears Resistance With Bearish Divergence
- Forex – USD/CHF Up During The Asian Session
- The Recognition Phase In Silver, Gold & Energy
- Forex – EUR/GBP Up In Asian Trade
- Educational Extravagance, But The Unions Love It
- Forex – USD/JPY Down In Asian Trading Hours
- Forex – USD/CAD Down During The Asian Session
- Now Is Not The Time
- March Unemployment Report: Where’s The Dough?
- Forex – AUD/USD Up In Asian Trade
- Forex – GBP/CHF Up In Asian Trading Hours
- Forex – EUR/USD Down During The Asian Session
- Morning News Notes: 3.4.11
$100 Oil Sparks New Global Land Grab Posted: 07 Mar 2011 03:35 AM PST A new global land grab is underway and it has been paying off big for early investors over the past few months. This emerging trend has delivered gains as high as 250%, 310%, and 600% all in the span of a few months. Despite the sizeable gains, all signs point to this trend still being in the early stages. Investors jumping on now will likely see equally large gains in the weeks and months ahead. Some of the world's most profitable and cash-rich companies are forced to push this land … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 07 Mar 2011 03:20 AM PST The Dow Theory has two components the Dow Jones Industrials index and the Dow Jones Transports index. The basis of this theory is based on pure technical analysis of the two indexes. The Dow Transports is the more volatile of the two, and what the reader may not know contains a technical statistic that is at the very least 85% accurate. But first, Dow Theory 101 from wikipedia. Developer: Charles H Dow (1851-1902) Tenets of Dow Theory tenets |
Trading Monday’s Market (DIA, SPY, QQQQ) Posted: 07 Mar 2011 02:36 AM PST Clearly the most favorable action on Friday would have been a continuation rally carryover from Thursday but despite the fact we had a down day on Friday, things didn't end up too bad. Technically speaking we were in good shape at the end of the session when we not only held the 50 day moving averages but we actually held the Thursday lows which is a level of less importance but still a positive for the short term trend. DOW 30 S&P 500 There is still no reason to get … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Euro Stocks Mixed As Oil, Greece Downgrade Weighs; DAX Up 0.15% Posted: 07 Mar 2011 02:19 AM PST Forex Pros – European stock markets were mixed on Monday, as oil prices continued to rally and after Moody's downgraded Greece's sovereign rating, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 dipped 0.05%, France's CAC 40 eased down 0.08%, while Germany’s DAX was up 0.15%. U.S. crude oil prices spiked past USD106 a barrel, while Brent oil surged above USD117, triggering concerns over the inflationary impact of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EUR/USD Testing Channel Resistance Posted: 07 Mar 2011 02:17 AM PST Moody's downgraded Greece earlier from B1 to Ba1; the markets initial knee-jerk reaction was to sell the pair 20 points lower, but a rebound occurred and we are now trading off session highs around 1.4025. With Greece still facing some remaining uncertainties the downgrade may not have come as a surprise. Currently, the EUR/USD is testing channel resistance which began back on February 21st; more than one consecutive close above this line may be a bullish signal for the pair in which case … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Bear Knuckle Fights In The Market Posted: 07 Mar 2011 02:01 AM PST The break down of the US Dollar last week as opened the door to more bidding up of negative dollar correlated securities (Gold, Silver, Aussie Dollar). Yet we get the feeling that Mr USD is teasing Mr Market, we may be wrong in a few short hours. However so far no acceleration of volume with the USD break down (well as far as we can see in the UUP chart). Every one knows the fundamentals, is just which fundamentals get front page billing by the trades that counts. Let’s review the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: Euro-zone Sentix Investor Confidence 17.1; Better Than Expected. Posted: 07 Mar 2011 01:39 AM PST |
Euro Zone Sentix Investor Confidence Rises Less-than-expected Posted: 07 Mar 2011 01:33 AM PST Forex Pros – Investor confidence in the euro zone rose slightly less-than-expected in March, industry data showed on Monday. In a report, market research group, Sentix said its index of investor confidence rose to 17.1 in March, after climbing to 16.7 in February. Analysts had expected the index to rise to 17.2 in March. On the index, a level above 0.0 indicates optimism, below indicates pessimism. Following the release of the data, the euro was up against the U.S. dollar, with EUR/USD … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Chart Analysis: SLV – The Silver Rush Posted: 07 Mar 2011 01:31 AM PST iShares Silver Trust (SLV) is an ETF play on silver and I do not like to make a habit out of using technical analysis on an ETF due to the differences between how a regular stock works and an ETF, yet others do not care about the differences. However, this was a requested chart analysis so I wrote it up anyway. SLV is seeing bullish activity with all the overseas fears/uncertainty and fears of the dollar weakening. This is one of my few long-term plays that I do not actively … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Dollar Broadly Lower Vs. Rivals On Oil Price Gains Posted: 07 Mar 2011 01:28 AM PST Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Monday, as rising crude oil prices and continued political unrest in North Africa and the Middle East weighed on the outlook for global economic growth. During European morning trade, the greenback was lower against the euro, with EUR/USD rising 0.12% to hit 1.4005. Earlier in the day, rating agency Moody’s downgraded Greece’s sovereign rating to B1 from Ba1 and assigned it a negative outlook. The greenback … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Moves Higher As BoE Rate Hike Outlook Supports Posted: 07 Mar 2011 01:15 AM PST Forex Pros – The pound was higher against the U.S. dollar on Monday, as rising oil prices and expectations that the Bank of England will raise interest rates ahead of the U.S. Federal Reserve supported the pound. GBP/USD hit 1.6300 during European morning trade, the daily high; the pair subsequently consolidated at 1.6293, rising 0.14%. Cable was likely to find support at 1.6213, last Wednesday's low and resistance at 1.6343, last Wednesday's high and a 13-month high. On Friday, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Hits 2-day Low As Higher Oil Prices Dent Sentiment Posted: 07 Mar 2011 12:32 AM PST Forex Pros – The U.S. dollar fell to a two-day low against the yen on Monday, as continued political unrest in Libya drove crude oil prices higher and bolstered demand for safe haven assets. USD/JPY hit 82.08 during early European morning trade, the pair's lowest since Thursday; the pair subsequently consolidated at 82.09, shedding 0.25%. The pair was likely to find support at 81.71, Thursday's low and resistance at 82.51, Thursday's high. Earlier in the day, crude futures for … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – AUD/USD Down As Higher Oil Prices Weigh Sentiment Posted: 07 Mar 2011 12:10 AM PST Forex Pros – The Australian dollar was down against its U.S. counterpart on Monday, as continued unrest in Libya pushed oil prices higher, sparking fears over the impact of higher energy costs on the rate of global economic growth. AUD/USD hit 1.0118 during late Asian trade, the daily low; the pair subsequently consolidated at 1.0124, shedding 0.13%. The pair was likely to find support at 1.0074, Friday's low and a six-day low and resistance at 1.0188, Thursday's high. Earlier in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – NZD/USD Close To 5-month Low On RBNZ Rate Cut View Posted: 06 Mar 2011 11:41 PM PST Forex Pros – The New Zealand dollar was down against its U.S. counterpart on Monday, trading close to a five-month low, after the country's prime minister reiterated his support for a cut in the benchmark interest rate. NZD/USD hit 0.7366 during late Asian trade, the daily low; the pair subsequently consolidated at 0.7375, shedding 0.12%. The pair was likely to find support at 0.7337, Friday's low and a five-month low and resistance at 0.7472, last Thursday's high. On Sunday, New … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Asia Stocks Tumble As Oil Prices Weigh; Nikkei Drops 1.76% Posted: 06 Mar 2011 11:40 PM PST Forex Pros – Asian stock markets were broadly lower on Monday, as concerns over spreading violence in North Africa and the Middle East drove oil prices above USD105 a barrel. During late Asian trade, Hong Kong’s Hang Seng Index shed 0.45%, South Korea’s Kospi Composite slumped 1.22%, while Japan's Nikkei 225 Index dropped 1.76%. U.S. crude oil prices spiked past USD106 a barrel, while Brent oil surged above USD117, fuelling concerns that the economic recoveries in the U.S. and … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Close To 4-month High As Rate View Supports Posted: 06 Mar 2011 11:21 PM PST Forex Pros – The euro edged up against the U.S. dollar on Monday, trading close to a four-month high, supported by expectations that the European Central Bank may raise interest rates as early as April. EUR/USD hit 1.3999 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3989, easing up 0.02%. The pair was likely to find support at 1.3832, Thursday's low and resistance at 1.4084, the high of November 8. On Friday, the U.S. non-farm payrolls report showed an … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Growth & Income Stock: The Fastenal Corporation Posted: 06 Mar 2011 11:05 PM PST Fastenal (NASDAQ:FAST) continues to benefit from an improving economy. Sales in the fourth quarter jumped more than 20% over the same quarter in 2009, for instance. |
Aggressive Growth Stock: Generac Holdings Posted: 06 Mar 2011 11:05 PM PST Generac Holdings Inc. (GNRC) is coming off of a solid quarterly report that sent estimates higher. Analysts see a bright future for this relatively new stock. |
Forex – EUR/USD Down During The Asian Session Posted: 06 Mar 2011 10:10 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3975, down 0.10% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4007, Friday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8600 and EUR/JPY falling 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Down In Asian Trade Posted: 06 Mar 2011 09:45 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.6242, down 0.18% at time of writing. The pair was likely to find support at 1.6216, Wednesday's low, and resistance at 1.6344, Wednesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8604 and GBP/JPY falling 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/CHF Up In Asian Trading Hours Posted: 06 Mar 2011 09:10 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Monday. EUR/CHF was trading at 1.2939, up 0.05% at time of writing. The pair was likely to find support at 1.2757, Wednesday's low, and resistance at 1.3027, Friday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3978 and EUR/JPY falling 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
EUR/GBP Nears Resistance With Bearish Divergence Posted: 06 Mar 2011 08:45 PM PST Prev: A Look at the Sterling in March (3/1 Video) |
Forex – USD/CHF Up During The Asian Session Posted: 06 Mar 2011 08:40 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday. USD/CHF was trading at 0.9254, up 0.08% at time of writing. The pair was likely to find support at 0.9202, Wednesday's low, and resistance at 0.9329, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.12% to hit 1.3971 and USD/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
The Recognition Phase In Silver, Gold & Energy Posted: 06 Mar 2011 08:24 PM PST At some point in any bull the market finally “catches on”. That recognition phase shows up as an explosive expansion in volume on the weekly charts. In early `05 the market finally figured out that the steady rise in oil price wasn’t a fluke. That it was in fact a massive bull market in the making. You can clearly see this “recognition phase” in the two charts below. Energy Select Sector SPDR (XLE) Oil Services Holders (OIH) The same thing happened with the major … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/GBP Up In Asian Trade Posted: 06 Mar 2011 08:10 PM PST Forex Pros – The Euro was higher against the British Pound on Monday. EUR/GBP was trading at 0.8600, up 0.02% at time of writing. The pair was likely to find support at 0.8464, Wednesday's low, and resistance at 0.8608, today's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.3977 and EUR/JPY falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Educational Extravagance, But The Unions Love It Posted: 06 Mar 2011 07:50 PM PST From The New York Post: “This is an education in extravagance. The Syosset (New York) Central School District, which serves an enclave of gated communities, ritzy eateries and children’s boutiques like “Spoiled Rotten,” takes the crown in employee compensation. The school superintendent, Carole Hankin — who oversees 6,687 kids in 10 schools — is the highest-paid in the state with $506,322 in total compensation. She collects a $386,868 salary, $67,454 in fringe benefits and $52,000 in … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Down In Asian Trading Hours Posted: 06 Mar 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday. USD/JPY was trading at 82.20, down 0.14% at time of writing. The pair was likely to find support at 81.58, Wednesday's low, and resistance at 83.05, Friday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.06% to hit 1.3980 and GBP/USD falling 0.12% 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: 06 Mar 2011 07:10 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday. USD/CAD was trading at 0.9727, down 0.07% at time of writing. The pair was likely to find support at 0.9700, Friday's low, and resistance at 0.9776, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.3977 and GBP/USD falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 06 Mar 2011 06:58 PM PST Those who’ve read my books know that my longer-term outlook for the U.S. currency is decidedly bearish. But I am a trader and a contrarian at heart, so when I look at the depth and breadth of negative newsflow on the dollar that has cropped up this past week (some of which I’ve highlighted below), it often means just one thing: now is not the best time to be betting on the downside. |
March Unemployment Report: Where’s The Dough? Posted: 06 Mar 2011 06:30 PM PST The Unemployment report released this past Friday would seem to have some good news for everybody: |
Forex – AUD/USD Up In Asian Trade Posted: 06 Mar 2011 06:30 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday. AUD/USD was trading at 1.0139, up 0.01% at time of writing. The pair was likely to find support at 1.0076, Friday's low, and resistance at 1.0190, Thursday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.07% to hit 1.3787 and AUD/JPY rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/CHF Up In Asian Trading Hours Posted: 06 Mar 2011 06:05 PM PST Forex Pros – The British Pound was higher against the Swiss Franc on Monday. GBP/CHF was trading at 1.5047, up 0.03% at time of writing. The pair was likely to find support at 1.5025, Friday's low, and resistance at 1.5193, Friday's high. Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.11% to hit 1.6252 and EUR/GBP rising 0.07% 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: 06 Mar 2011 05:35 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3972, down 0.11% at time of writing. The pair was likely to find support at 1.3744, Wednesday's low, and resistance at 1.4007, Friday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8598 and EUR/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 04 Mar 2011 06:26 AM PST The morning news notes as prepared by TL… non farm payrolls, core v. headline inflation, number of Americans on foodstamps, crude oil, and Saudi Arabia. “Morning News Notes: March 4, 2011″ click … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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