DailyMarkets.com - 18 Reasons Why You Can Stick A Fork In The New Home Construction Industry

---

• 18 Reasons Why You Can Stick A Fork In The New Home Construction Industry
• Another Do Or Die Point For Equities & Gold – Get Ready!
• Forex – Dollar Mixed Against Major Rivals As Portugal Eyed
• U.K. Retail Sales Fall More-than-expected In February
• Forex Trading: EUR/USD Firmer On Good Data
• Philippine Central Bank Hikes Rate 25bps To 4.25%
• Asia Stocks Mixed As Nuclear Crisis Continues; Nikkei Sheds 0.15%
• Forex – GBP/USD Hits 4-day Low On Weaker Outlook For Growth
• Euro Zone Manufacturing PMI Falls More-than-expected
• Forex Trading: Eurozone Flash Manufacuring & Services PMI
• German Manufacturing PMI Falls More-than-expected
• Forex – NZD/USD Hits 3-week High As Fourth Quarter GDP Expands
• Asia Stocks Mixed As Nuclear Crisis Continues; Nikkei Sheds 0.15%
• Forex – EUR/USD Slips To 4-day Low Amid Debt Concerns
• Singapore Stock Market Update For Thursday 24 March
• Uruguay Central Bank Increases Rate 100bps To 7.50%
• Bullish Bias On The Philippine Peso
• NZD/USD Forecast For March 24, 2011
• Forex Daily Outlook – March 24, 2011
• USD/JPY Forecast For March 24, 2011
• USD/CAD Forecast For March 24, 2011
• USD/CHF Forecast For March 24, 2011
• GBP/USD Forecast For March 24, 2011
• EUR/USD Forecast For March 24, 2011
• AUD/USD Forecast For March 24, 2011
• AUD/NZD Forecast For March 24, 2011
• Oil Forecast For March 24, 2011
• Natural Gas Forecast For March 24, 2011
• Gold Forecast For March 24, 2011
• Forex – EUR/USD Up During The Asian Session
• Bear Of The Day: Skechers U.S.A. (SKX)
• Momentum Stock: Weight Watchers Int
• Growth & Income Stock: Qualcomm Incorporated
• Bull Of The Day: Hanger Orthopedic Group (HGR)
• Aggressive Growth Stock: Anixter International
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex Trading: Euro Trades Off Trendline Resistance
• The SPX Hangs In The Balance While Social Mood Deteriorates Further
• A Shortage Of Entrepreneurial Energy
• Stock Market Summary For Wednesday, March 23, 2011

18 Reasons Why You Can Stick A Fork In The New Home Construction Industry Posted: 24 Mar 2011 03:35 AM PDT If you make your living by building or selling new homes in the United States, you might want to consider taking up a different career for a while.  New homes sales in the United States hit yet another new all-time record low in the month of February, and there are a whole lot of reasons why new home sales are going to stay extremely low for an extended period of time.  The massive wave of foreclosures that we have seen has produced a giant glut of unsold homes in the marketplace, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Another Do Or Die Point For Equities & Gold – Get Ready! Posted: 24 Mar 2011 03:29 AM PDT Equities and Precious Metals are on the edge of another rally and it could start as early as tomorrow. On March 13th I posted some of my analysis online showing how the market was trading at a key pivot point and that a sharp price movement was about to unfold. I also provided everyone with the direction in favor which played out perfectly catching a 4.5% in three days. As of today we are getting the same setup I saw on March 13th, but this time it's pointing to higher prices. Take … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Against Major Rivals As Portugal Eyed Posted: 24 Mar 2011 02:46 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, as the euro zone remained in focus, following the resignation of Portugal's prime minister ahead of a two-day European Union summit. During European morning trade, the greenback was slightly lower against the euro, with EUR/USD rising 0.17% to hit 1.4110. On Wednesday, Portugal's prime minister resigned following parliaments rejection of his government’s austerity program, increasing the likelihood that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Retail Sales Fall More-than-expected In February Posted: 24 Mar 2011 02:40 AM PDT Forex Pros – Retail sales in the United Kingdom fell more-than-expected in February, official data showed on Thursday. In a report, the U.K. Office for National Statistics said retail sales fell by a seasonally adjusted 0.8% in February, after rising by 1.5% in January, whose figure was revised down from 1.9%. Analysts had expected retail sales to fall by 0.4% in February. The report showed that year-on-year, retail sales rose at an annualized rate of 1.3% in February, after rising by 5.3% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EUR/USD Firmer On Good Data Posted: 24 Mar 2011 02:23 AM PDT The euro appears to be making moderate gains after a string of better than expected data out of Europe after trading continually lower for the past two trading days making a low of 1.4053. Seen here on the 15 minute chart, the pair broke above short term trendline resistance and is heading towards 1.41144; where both the 38.2% line and 100 bar moving average converge. A pullback could see the pair back below the 1.4100 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Philippine Central Bank Hikes Rate 25bps To 4.25% Posted: 24 Mar 2011 02:17 AM PDT The Bangko Sentral ng Pilipinas raised its benchmark overnight borrowing or reverse repurchase (RRP) facility rate by 25 basis points to 4.25% from 4.00%, and the overnight lending or repurchase (RP) facility rate 25 basis points to 6.25%. The rate increase was driven by “signs of stronger and broadening inflation pressures as well as a further upward shift in the balance of inflation risks”. The Bank also noted that ” The latest baseline inflation forecasts now indicate that the 3-5 percent … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Mixed As Nuclear Crisis Continues; Nikkei Sheds 0.15% Posted: 24 Mar 2011 02:15 AM PDT Forex Pros – Asian stock markets were mixed on Thursday, as concerns over Japan's ongoing nuclear crisis weighed on shares in Tokyo, while commodity-linked shares lifted other markets in the region. During late Asian trade, Hong Kong’s Hang Seng Index gained 0.75%, South Korea’s Kospi Composite jumped 1.2%, while Japan's Nikkei 225 shed 0.15%. Tokyo Electric Power Co., operator of the stricken Fukushima Daiichi power plant, saw shares plunge 14% after it said three plant workers were … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Hits 4-day Low On Weaker Outlook For Growth Posted: 24 Mar 2011 02:11 AM PDT Forex Pros – The pound slipped to a four-day low against the U.S. dollar on Thursday, after the U.K. government cut its growth forecasts for 2011 and markets pared back expectations for a near-term rate hike by the Bank of England. GBP/USD hit 1.6192 during European morning trade, the pair's lowest since March 18; the pair subsequently consolidated at 1.6226, dipping 0.06%. Cable was likely to find support at 1.6059, the low of March 18 and resistance at 1.6384, Wednesday's high. On … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Manufacturing PMI Falls More-than-expected Posted: 24 Mar 2011 02:09 AM PDT Forex Pros – Manufacturing activity in the euro zone rose fell more-than-expected in March, slumping to a two-month low, preliminary data showed on Thursday. In a report, market research group Markit said that its preliminary manufacturing purchasing managers index fell to a seasonally adjusted 57.7 in March, down from 59.0 in February. Analysts had expected the index to decline to 58.3 in March. On the index, a reading above 50.0 indicates industry expansion, below indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Flash Manufacuring & Services PMI Posted: 24 Mar 2011 02:05 AM PDT Eurozone Flash Manufacuring PMI came in at 57.7, weaker than the 58.3 expected. Services PMI came in at 56.9, stronger than the 56.4 expected. Seems like the economic data out of the Eurozone has been positive during the session, helping negate some negative news out of Portugal and Spain. Eur/Usd  is up to 1.4110 on this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Manufacturing PMI Falls More-than-expected Posted: 24 Mar 2011 02:00 AM PDT Forex Pros – Manufacturing activity in Germany fell more-than-expected in March, dropping to a two-month low preliminary data showed on Thursday. In a report, market research group Markit said that its preliminary German manufacturing purchasing managers index fell to a seasonally adjusted 60.9 in March, compared to 62.7 in February, whose figure was revised up from 62.6. Analysts had expected the index to decline to 62.0 in March. A reading above 50.0 on the index indicates industry … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Hits 3-week High As Fourth Quarter GDP Expands Posted: 24 Mar 2011 01:48 AM PDT Forex Pros – The New Zealand dollar hit a three-week high against its U.S. counterpart on Thursday, after a government report showing that the country's economy expanded more-than-expected in the fourth quarter. NZD/USD hit 0.7474 during late Asian trade, the pair's highest since March 3; the pair subsequently consolidated at 0.7467, surging 0.84%. The pair was likely to find support at 0.7374, Wednesday's low and resistance at 0.7532, the high of March 1. Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Mixed As Nuclear Crisis Continues; Nikkei Sheds 0.15% Posted: 24 Mar 2011 01:20 AM PDT Forex Pros – Asian stock markets were mixed on Thursday, as concerns over Japan's ongoing nuclear crisis weighed on shares in Tokyo, while commodity-linked shares lifted other markets in the region. During late Asian trade, Hong Kong’s Hang Seng Index gained 0.75%, South Korea’s Kospi Composite jumped 1.2%, while Japan's Nikkei 225 shed 0.15%. Tokyo Electric Power Co., operator of the stricken Fukushima Daiichi power plant, saw shares plunge 14% after it said three plant workers were … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Slips To 4-day Low Amid Debt Concerns Posted: 24 Mar 2011 12:51 AM PDT Forex Pros – The euro slipped to a four-day low against the U.S. dollar on Thursday, amid renewed concerns over the euro zone sovereign debts after Portugal's prime minister resigned following parliaments' rejection of his minority government’s austerity program.   EUR/USD hit 1.4054 during late Asian trade, the pair's lowest since March 18; the pair subsequently consolidated at 1.4056, shedding 0.21%.   The pair was likely to find support at 1.3979, the low of March 18 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Thursday 24 March Posted: 24 Mar 2011 12:29 AM PDT Morning Highlights We Have Closed All Mid-Term Positions… STI opened flat at 3023.09. Market is directionless at the moment, and we advise to stay on the sideline.  Watch Out For Economic News Release Today: U.S. Durable Goods Order (Feb) U.S. Initial Jobless Claims (Mar 19) Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume. <The Quick … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Uruguay Central Bank Increases Rate 100bps To 7.50% Posted: 24 Mar 2011 12:07 AM PDT The Banco Central Del Uruguay raised its benchmark rate 100 basis points to 7.50% from 6.50% previously, citing “concerns about the risk implied by the evolution of inflation, in a context of elevated growth,”. The Bank also said “The central bank’s monetary policy committee has watched with concern the trend of inflation in recent months, which has exceeded the target range,” and on commodity prices said: “International prices continue rising in a global context of greater volatility and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bullish Bias On The Philippine Peso Posted: 23 Mar 2011 11:51 PM PDT Both technical and fundamental data support a bullish bias for the Philippine peso against the US dollar (bearish USDPHP). Let me show you how.  Technically, the USDPHP pair has continued to trade within a descending channel after it broke down from a symmetrical triangle formation. Now, as long as this current trend persists and until a reversal takes place, it is likely that the pair would resume moving along its present direction. Zooming closer, the Philippine peso has been exchanging … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD/USD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:50 PM PDT By ForexMansion.com   With an imminent GDP announcement, this pair looks like it is finding support at the roughly 0.73 level, as the lows actually dip as far as 0.71. This creates a massive support zone that could hold it up over the longer-term. If we can break the recent highs at 0.7450, this would be very bullish for the short-term in this market. A break below the 0.71 handle would be very bearish. In the mean time however, it looks like this market wants to rise in value … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Daily Outlook – March 24, 2011 Posted: 23 Mar 2011 11:49 PM PDT By ForexMansion.com The Pound Declines as BOE Minutes Show Dovish Tone The euro is marginally lower as markets focus on the political situation in Portugal and the looming risk that the country will join Greece and Ireland in needing a bailout package. The Portuguese parliament votes on its proposal for budget cuts today, which Prime Minister Socrates hoped would be austere enough to shore up investor confidence. However, the opposition party, the Social Democrats, is expected to reject the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Forecast For March 24, 2011 Posted: 23 Mar 2011 11:47 PM PDT By ForexMansion.com   This pair continues to move sideways in a very tight range. This is because the central banks have all decided that a floor will be put in the market. The biggest issue is that nobody really knows where that is. Speculators seem to have gotten the message that was sent, and aren't in a hurry to test the CB's resolve in the matter. Because of this – you will find very little action in this pair for the time being.   More March 24, 2011 Technical … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CAD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:47 PM PDT By ForexMansion.com   The USD/CAD continues to drift aimlessly between the 0.97 and 1.0000 levels, with no clear bias in the short-term. It is however known that the long-term bias in this pair is to the downside. Because of this, shorts are preferred, especially towards the parity level. This market is being dictated by the oil market at the moment, which is also being dictated by various events in the Middle East. Because of this, traders seem to be watching and waiting to see the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Forecast For March 24, 2011 Posted: 23 Mar 2011 11:46 PM PDT By ForexMansion.com   The USD/CHF pair rose today, although it certainly cannot be considered a buy at these levels. In fact, it simply seems to be ready to retest the 0.92-0.93 levels, which would be a preferred selling point. There is no real case or signal to buy this pair at the moment, as continued franc buying seems to be in the cards. A break above 0.93 would be necessary to even begin the conversation of buying this pair. A failure at 0.92 or 0.93 is expected, and present a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/USD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:45 PM PDT By ForexMansion.com   The cable has fallen today after a bullish previous two days. This is to be expected as we grind higher in this pair. The biggest problem we will have trading this pair is that neither economies seem to be favored at the moment. Because of this, these types of days will happen. Until the 1.60 level is broken through, there is no real shorting opportunity in this pair. The pair should be bought on dips, but be prepared to be patient for your gains.   More … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:43 PM PDT By ForexMansion.com   The EUR/USD pair fell today as we retreated from the 1.4250 area, which was mentioned as possible resistance in yesterday's video. Because of this, it appears that we will more than likely see a pullback to 1.40, which would be a good buying opportunity. However, if we fail to do so and rise again – any close above 1.4250 signals new buying. A break below the 1.40 mark would lead to support at 1.38, and a break there would be bearish as the pair will certainly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:43 PM PDT By ForexMansion.com   The AUD/USD pair continues its grind higher, and looks like it is ready to test the 1.02 level again. The real question now is whether or not it will break out. Since this pair tends to follow the gold markets over time, it appears that one may lead the other as gold finds itself in a similar position. Until a clean break above 1.02 is determined, this pair cannot be bought. Once we break out, the final target could be as high as 1.07 based upon the measurement of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/NZD Forecast For March 24, 2011 Posted: 23 Mar 2011 11:42 PM PDT By ForexMansion.com   The AUD/NZD continues to consolidate above the 1.35 mark, and is forming a bullish "V" pattern at the moment. The upside has been capped by the 1.37 level, and this should serve as a good launching point for fresh longs if we can maintain that level on a daily close. The 1.35 level continues to be very supportive and should hold for the longer-term. However, even if we break below, you will find massive support at 1.33 and 1.30 which should discourage sellers … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Forecast For March 24, 2011 Posted: 23 Mar 2011 11:38 PM PDT By CommoditiesMansion.com   Light Sweet Crude The light sweet crude contract mildly bullish day today as investors increased their bets on tensions in the Middle East continuing. However, it should be noted that we have pullback from the highs of the day would coincide with the most recent resistance area. Because of this, it can be very difficult to initiate any new long positions over the next few days. More than likely, we will probably see a pullback before new buyers stepped in. A … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Forecast For March 24, 2011 Posted: 23 Mar 2011 11:37 PM PDT By CommoditiesMansion.com   Natural Gas continues his march northward heading the four dollar and 35 Cinemark today, before pulling back slightly. Still, with yesterday’s gain of 10 cents, and today’s gain of eight cents, one can certainly see the strength in this market. It appears that the four dollar and 35 sent Mark will be resistance for the short term, and my present a pullback opportunity for people who have missed this rally. Because of this, it’d be very difficult to buy this … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Forecast For March 24, 2011 Posted: 23 Mar 2011 11:37 PM PDT By CommoditiesMansion.com   The gold markets were strong today, and have in fact been approaching the major resistance level that knocked it back down a couple weeks back. The $1,450 level is going to have to be cleared before another bullish run in this market can occur, as it has both been resistance, and it is also a psychologically important number. The uptrend line remains in place, and this commodity should only be bought until that changes. A pullback here is certainly possible, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 23 Mar 2011 11:20 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4089, up 0.01% at time of writing. The pair was likely to find support at 1.4071, today's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8679 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Skechers U.S.A. (SKX) Posted: 23 Mar 2011 11:05 PM PDT Skechers USA’s (NYSE:SKX) fourth-quarter 2010 earnings missed the Zacks expectations, and plunged 87.9% from the prior-year quarter. Skechers indicated that it has witnessed order cancellations as the market was flooded with lower-priced toning product. Consequently, total inventories increased 77.9% to $398.6 million, over the prior-year quarter. However, Skechers indicated that it would try to lower its inventory level over the next two quarters, while generating reasonable margins. The stock is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Weight Watchers Int Posted: 23 Mar 2011 11:05 PM PDT Weight Watchers Int (NYSE:WTW) recently spiked more than 40% in one day after reporting strong Q4 results and offering FY 2011 earnings guidance that was well ahead of analyst expectations. With estimates on the upswing and a bullish growth projection, this Zacks #1 rank stock is on a strict momentum diet. Company Description Weight Watchers Int, Inc. operates as a weight management services company worldwide. The company was founded in 1961 and has a market cap of $4.53 billion. Fourth-Quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Qualcomm Incorporated Posted: 23 Mar 2011 11:05 PM PDT Qualcomm Incorporated (NASDAQ:QCOM) is well positioned to benefit from increased demand for 3G devices such as smartphones, tablets, and eBook readers. The company reported Q1 EPS 10% above the Zacks Consensus Estimate, driven by a 25% surge in revenues. Management also raised its guidance for the remainder of the year, prompting analysts to revise their estimates higher. It is a Zacks #1 Rank (Strong Buy) stock. Qualcomm also has a strong financial position with over $19 billion in cash, cash … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Hanger Orthopedic Group (HGR) Posted: 23 Mar 2011 11:05 PM PDT We upgrade our recommendation on Hanger Orthopedic Group (NYSE:HGR) to Outperform based on our assessment of the company’s forecast-beating fourth-quarter fiscal 2010 results and increased visibility on its business prospects. Earnings for the quarter topped the Zacks Consensus Estimate. Healthy contributions from the company’s patient-care and distribution businesses as well as acquisitions fueled double-digit growth in the top line. Hanger is the leader in the orthotic and prosthetic (O&P) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Anixter International Posted: 23 Mar 2011 11:05 PM PDT Anixter International (NYSE:AXE) saw plenty of strength entering 2011 and analysts matched that sentiment by raising estimates. This Zacks #1 Rank (Strong Buy) has a great earnings trend and remains a solid value, in addition to its growth potential. Company Description Anixter is a global distributor of communication and security products, electrical and other related parts. The company also offers inventory management programs and $1 billion in inventory in 50 countries. Earnings Up 131% Anixter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down In Asian Trade Posted: 23 Mar 2011 10:50 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6235, down 0.01% at time of writing. The pair was likely to find support at 1.6204, Monday's low, and resistance at 1.6402, Tuesday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8677 and GBP/JPY rising 0.12% 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: 23 Mar 2011 10:20 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2819, up 0.16% at time of writing. The pair was likely to find support at 1.2737, Wednesday's low, and resistance at 1.2888, Tuesday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.001% to hit 1.4087 and EUR/JPY rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During Asian Trade Posted: 23 Mar 2011 09:50 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.9102, up 0.18% at time of writing. The pair was likely to find support at 0.8980, Wednesday's low, and resistance at 0.9114, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.04% to hit 1.4082 and USD/JPY rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down During The Asian Session Posted: 23 Mar 2011 09:20 PM PDT Forex Pros – The Euro was lower against the British Pound on Thursday. EUR/GBP was trading at 0.8672, down 0.07% at time of writing. The pair was likely to find support at 0.8655, Wednesday's low, and resistance at 0.8746, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.05% to hit 1.4081 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 23 Mar 2011 08:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 80.97, up 0.07% at time of writing. The pair was likely to find support at 80.71, Wednesday's low, and resistance at 81.32, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.11% to hit 1.4072 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up In Asian Trading Hours Posted: 23 Mar 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9820, up 0.04% at time of writing. The pair was likely to find support at 0.9747, Tuesday's low, and resistance at 0.9856, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.4082 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade Posted: 23 Mar 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0129, down 0.02% at time of writing. The pair was likely to find support at 0.9942, Monday's low, and resistance at 1.0156, Wednesday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.01% to hit 1.3905 and AUD/JPY rising 0.05% 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: 23 Mar 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4081, down 0.04% at time of writing. The pair was likely to find support at 1.4077, today's low, and resistance at 1.4248, Tuesday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8665 and EUR/JPY rising 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Trades Off Trendline Resistance Posted: 23 Mar 2011 06:02 PM PDT The EUR/USD pair has traded off trendline resistance that has contained the pairs appreciation since November of 2010 when the pair approached recent lows. It is also important to note the double top the recent move higher in the Euro has created and it will be interesting to see where the pair will find its next level of support, as we continue to watch the pair move higher despite the sovereign debt concerns throughout … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The SPX Hangs In The Balance While Social Mood Deteriorates Further Posted: 23 Mar 2011 06:01 PM PDT "We crawl on our knees for you, Under a sky no longer blue We sweat all day long for you, But we sow the seeds to see us through 'Cause sometimes dreams just don't come true, Look now at what they've done to you." - Rise Against: Re-Education (Through Labor) - Before getting into the broader markets, I thought it was pertinent to share with readers that recently I have noticed a trend in alternative music, also known as modern rock. As a fan of music in general, I have noticed that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Shortage Of Entrepreneurial Energy Posted: 23 Mar 2011 05:58 PM PDT Two reports shine a light on at least one development that’s been weighing on the U.S. economy: a shortage of entrepreneurial energy. As Real Time Economics reports in “Recession Caused Sharp Decline in Start-Ups,” Americans have been less willing than in the past to go for individual business gold: The recession caused a sharp decline in new business start-ups, intensifying job market losses and potentially putting future economic growth at risk. The Census Bureau on Wednesday said that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Wednesday, March 23, 2011 Posted: 23 Mar 2011 04:41 PM PDT The market erased early losses to finish higher in today’s session. The major indexes rose between 0.3% to 0.6%. Investor participation picked up and market breadth was good. What was impressive was the markets ability to shrug off bad economic news and turn losses into gains.  We are raising the support/resistance levels on the DJIA, S&P 500, and Nasdaq Composite (see below). The DJIA closed above its 21-day and 50-day moving averages. The S&P 500 and Nasdaq Composite remain below … [visit site to read more] or compare Best Credit Cards and Best CD Rates

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610