DailyMarkets.com - 7 Reasons Why You Should Apply For A Credit Card Online

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• 7 Reasons Why You Should Apply For A Credit Card Online
• Opening Bell Market Monitor: AZO, HBC, SONS
• Forex Trading: EURUSD Falls To Test Trendline Support/100 Hour MA
• U.S. ISM Manufacturing PMI Jumps To 7-year High In February
• Valeant’s Sales Benefit Post Merger
• PDL Revs Up, Settles Disputes
• Mindray Beats EPS, Inks Deal
• U.S. Stocks Mixed Ahead Of Bernanke, ISM; Dow Up 0.17%
• NY Times Offloads UCompare
• Stock Market News Briefs: Amazon.com, Amerigon Incorporated, Sotheby’s Holdings, Kenneth Cole Productions, Nationwide Health Properties, Novartis AG, PDL BioPharma, Titanium Metals, UBS AG, Ventas, MEMC Electronic Materials
• Commodity Pair Under Pressure As Bankers Leave Rates Alone
• Forex – USD/CAD Rebounds From 39-month Low After BoC Holds Rate
• Before The Bell
• Australian Dollar: The Downside Prevails
• Canadian Dollar: The Downside Prevails
• Swiss Franc: Under Pressure
• Japanese Yen: Under Pressure
• British Pound: The Downside Prevails
• Euro: Under Pressure
• Gold Pushing Record Highs
• RBA Looks Content To Stay On Sidelines As Inflation To Be Contained
• Follow Up: Crude Oil Strategy
• The VW Bus: It’s Back!
• URS Corp. Underperforms 4Q Estimate
• Macy’s Sold Back Stake
• Warnaco Surpasses, Outlook Optimistic
• Forex Trading: USDCAD Moves Initially Higher On BOC Decision
• Bank Of Canada Leaves Interest Rate Unchanged At 1.00%
• Forex – EUR/GBP Erases Losses As ECB Rate Hike View Supports
• GBP/USD Climbs Above 1.63, King Testifies On Inflation
• EUR/USD Sets Intraday Range Between 1.3860 And 1.3780
• The Chinese Film Industry Is Set To Surpass North America’s
• Three ETFs To Watch For Market Direction Insight
• Forex – Dollar Mixed Vs. Rivals As Bernanke Testimony Eyed
• Titanium’s Profit Increases
• Sold CDE Premarket – $31.75
• Forex – GBP/USD Trims Gains As Fresh Mideast Unrest Dents Sentiment
• Forex – EUR/USD Holds Gains Ahead Of Bernanke Testimony
• HMV Starts Talks With Lenders As Tough Trading Conditions Continue

7 Reasons Why You Should Apply For A Credit Card Online Posted: 01 Mar 2011 07:35 AM PST People have traditionally applied for credit cards by mail or stopping by the banks, but lately, applying for credit cards online in the U.S. has become very popular since it offers you many benefits and advantages. Here I’ll explain 6 reasons why you should apply for a credit card online. 1. Greater selection of credit cards One of the top reasons why it's better to apply for a credit card online is because you have a much bigger selection of cards to choose from, where you can … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Opening Bell Market Monitor: AZO, HBC, SONS Posted: 01 Mar 2011 07:18 AM PST 03/01/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Falls To Test Trendline Support/100 Hour MA Posted: 01 Mar 2011 07:12 AM PST The EURUSD fell after Bernanke prepared text and looks to test trendline support at the 1.3794 level. There is also support against the 100 hour MA at the 1.3784 level (see chart above).  A move below either of these levels should increase the bearish bias for the pair. Overall, Bernanke comments were in line with prior comments given since his last comments. He did mention they were monitoring commodity prices closely which may be a concession that he might be worried, but also commented … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. ISM Manufacturing PMI Jumps To 7-year High In February Posted: 01 Mar 2011 07:09 AM PST Forex Pros – Manufacturing activity in the U.S. rose more-than-expected in February, rising to the highest level since May 2004, industry data showed on Tuesday. In a report, the Institute for Supply Management said its index of purchasing managers rose to 61.4 in February, after rising to 60.8 in January. Analysts had expected the ISM index of purchasing managers to advance to 60.9 in February. 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

Valeant’s Sales Benefit Post Merger Posted: 01 Mar 2011 07:06 AM PST Valeant Pharmaceuticals International's (NYSE:VRX) fourth quarter 2010 earnings of 46 cents per share missed the Zacks Consensus Estimate by a cent and was 45.2% below the year-ago earnings of 84 cents per share. Revenues for the quarter increased 102.7% year over year to $514.6 million, in line with the Zacks Consensus. While fourth quarter earnings were within the company's guidance range of 44 cents to 48 cents per share, revenues were slightly above the guidance of $500 million. Earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

PDL Revs Up, Settles Disputes Posted: 01 Mar 2011 06:55 AM PST PDL BioPharma Inc. (NASDAQ:PDLI) posted fourth quarter earnings of 20 cents per share, above the year-ago figure of 17 cents. Higher revenues boosted earnings in the quarter. Earnings per share were, however, a penny short of the Zacks Consensus Estimate of 21 cents. For full year 2010, PDL reported earnings per share of 97 cents, down from $1.06 per share in 2009 but ahead of the Zacks Consensus Estimate of 90 cents. Full year 2010 revenues of $345 million were well above the prior-year figure of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mindray Beats EPS, Inks Deal Posted: 01 Mar 2011 06:55 AM PST Mindray Medical International Limited (NYSE:MR), a leading Chinese medical devices company, reported fourth-quarter and fiscal 2010 adjusted (excluding one-time expenses) earnings per share of 38 cents and $1.45, respectively, beating the corresponding Zacks Consensus Estimates of 33 cents and $1.36, and surpassing the year-ago earnings of 37 cents per share and $1.30 per share. Reported net income rose 9.7% year over year to $41 million (or 35 cents per share) in the fourth … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Stocks Mixed Ahead Of Bernanke, ISM; Dow Up 0.17% Posted: 01 Mar 2011 06:52 AM PST Forex Pros – U.S. stock markets were mixed after the open on Tuesday, as investors awaited key data on U.S. manufacturing activity and a testimony on the U.S. economic outlook by Federal Reserve Chairman Ben Bernanke. During early U.S. trade, the Dow Jones Industrial Average added 0.17%, the S&P 500 index climbed 0.14%, while the Nasdaq Composite index shed 0.05%.  Fed Chair Bernanke was expected to maintain a cautious tone on the U.S. economy when he testified before the Senate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NY Times Offloads UCompare Posted: 01 Mar 2011 06:36 AM PST The New York Times Company (NYSE:NYT), the leading media company, recently announced that it has completed the sale of its UCompareHealthCare.com, a unit of About Group, to MDxMedical Inc., the holding company of Vitals.com. However, the financial terms of the deal were not disclosed. Taken together patients visit the UCompare and Vitals.com more than 100 million times annually. The move follows the company’s strategic initiative to enhance its efficiency in the About Group segment, which was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market News Briefs: Amazon.com, Amerigon Incorporated, Sotheby’s Holdings, Kenneth Cole Productions, Nationwide Health Properties, Novartis AG, PDL BioPharma, Titanium Metals, UBS AG, Ventas, MEMC Electronic Materials Posted: 01 Mar 2011 06:36 AM PST  Board of Directors of both Ventas, Inc. (NYSE:VTR) and Nationwide Health Properties, Inc. (NYSE:NHP) have approved a definitive merger agreement between the two companies  Titanium Metals (NYSE:TIE) reported Q4 EPS of $0.13, in line with the Zacks Consensus Estimate of $0.13 per share. Revenues for the quarter rose 18% year-over-year to $217.3 million, lower than the Zacks Consensus Estimate of $219.0 million  Sotheby's (NYSE:BID) reported Q4 EPS of $1.38, in line with the Zacks … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Commodity Pair Under Pressure As Bankers Leave Rates Alone Posted: 01 Mar 2011 06:31 AM PST Investors keeping an eye on Middle Eastern concerns continued to tiptoe back into riskier investments in response to generally positive data from all corners of the globe. It seems that the world is learning to live with crude oil prices in excess of $100 per barrel -in the case of the Brent contract. Manufacturing data around the world continued its expansion causing a smoother backdrop to events, which in turn invited further pressure on the dollar. U.S. Dollar – Should the February ISM … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Rebounds From 39-month Low After BoC Holds Rate Posted: 01 Mar 2011 06:27 AM PST Forex Pros – The U.S. dollar erased losses against its Canadian counterpart on Tuesday, rebounding from a 39-month low after the Bank of Canada left its key overnight rate unchanged. USD/CAD clawed back up from 0.9682, the pair's lowest since November 15, 2007, to hit 0.9731 during European afternoon trade, gaining 0.15%. The pair was likely to find support at 0.9682, the days low and resistance at 0.9788, Monday's high. Earlier Tuesday, the Canadian dollar rallied, boosted by gains in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Before The Bell Posted: 01 Mar 2011 01:25 AM PST 03/01/11 A breakdown of what investors need to know prior to the open of the US equity … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australian Dollar: The Downside Prevails Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Canadian Dollar: The Downside Prevails Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss Franc: Under Pressure Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Japanese Yen: Under Pressure Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

British Pound: The Downside Prevails Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro: Under Pressure Posted: 01 Mar 2011 06:19 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Pushing Record Highs Posted: 01 Mar 2011 06:18 AM PST Today’s Idea Gold fundamentals have improved in recent weeks on several fronts. Turmoil, erratic currency markets, and economic fears have all aided the precious metal’s push higher. However, stabilization in the currency markets and peaceful transition in troubled states could derail the rally. The chart is showing that Gold may be on the verge of breaking out, but overbought conditions may result in an extension of recent choppy trading. Some traders looking to go long may wish to consider … [visit site to read more] or compare Best Credit Cards and Best CD Rates

RBA Looks Content To Stay On Sidelines As Inflation To Be Contained Posted: 01 Mar 2011 06:17 AM PST Yesterday we laid out the key fundamental themes that will be driving the AUD this week and key on that list was what we would hear from the Reserve Bank of Australia following its interest rate meeting. As was widely expected the central bank did not raise interest rates, and in its statement it did not give clues that a rate hike would be coming any time soon. Inflation was expected to remain within the RBA range of 2-3% throughout the year. From the RBA statement, here's the takeaway … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Follow Up: Crude Oil Strategy Posted: 01 Mar 2011 06:13 AM PST This article is a follow up to our crude oil strategy.  I first wrote about this quantitative model back on January 18, 2011.  This simple model remains bullish on crude.  A buy signal was issued October 1, 2010 with WTI crude oil trading at $80.   Last month, I thought that the model would generate a sell signal.  Prior to the trouble in Libya, crude oil had dropped sharply, and a sell signal seem to be upon us.  However, as this is a strategy built on monthly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The VW Bus: It’s Back! Posted: 01 Mar 2011 06:09 AM PST Old model: New model: Marketplace: “The 81st Gevena International Motor Show kicks off this week, and motorheads are already buzzing about big news from Volkswagen. The New York Times Wheels blog is reporting that VW will introduce the Volkswagen Bulli concept car today (bottom picture above). The Bulli concept derives its name from the original 1950 Microbus of the same name, and was first seen by car enthusiasts in 2001. For various reasons, production of the new Bulli was put on hold, but … [visit site to read more] or compare Best Credit Cards and Best CD Rates

URS Corp. Underperforms 4Q Estimate Posted: 01 Mar 2011 06:08 AM PST URS Corporation (NYSE:URS) reported fourth-quarter 2010 earnings per share from continuing operations of 75 cents, underperforming the Zacks Consensus Estimate of 90 cents. Earnings for the quarter were above the prior-year earnings per share of 41 cents. For 2010, earnings per share from continuing operations were $3.69 compared with $3.16 in 2009 and were in line with the Zacks Consensus Estimate. Total Revenue Total revenue in the quarter was $2.38 billion compared with $2.11 billion in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Macy’s Sold Back Stake Posted: 01 Mar 2011 06:08 AM PST Macy's Inc. (NYSE:M), one of the leading department store retailers in the U.S., recently sold back its 10.7% stake in The Knot Inc. (NASDAQ:KNOT), a leading media company providing high end services in wedding planning, nesting and babies. The Knot regained 3,671,526 shares owned by Macy's for a price of $10.26 per share, aggregating approximately $37.7 million, financing the buyback amount through its cash and cash equivalents, which stood at $139.6 million as of December 31, 2010 The acquisition … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Warnaco Surpasses, Outlook Optimistic Posted: 01 Mar 2011 06:08 AM PST Warnaco Group Inc's. (NYSE:WRC) fourth-quarter 2010 earnings soared to 74 cents per share from 64 cents in the year-ago period, surpassing the Zacks Consensus Estimate by 3 cents per share. For the fiscal year 2010, earnings increased 27% to $3.57 per share from $2.82 in the prior-year quarter. It outpaced the Zacks Consensus Estimate by 2 cents. Quarter in Detail Net revenues increased 17% year over year to $591.5 million and was well above the Zacks Consensus Estimate of $581 million. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDCAD Moves Initially Higher On BOC Decision Posted: 01 Mar 2011 06:06 AM PST The BOC kept there rate unchanged today at 1%. The pair has moved through trendline resistance at the 0.9714 level and this will now be watched as short term support by intraday traders looking for a temporary bottom in the pair. The upside target is channel resistance at the 0.9755 level. A move above that targets teh 0.9788 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bank Of Canada Leaves Interest Rate Unchanged At 1.00% Posted: 01 Mar 2011 06:05 AM PST Forex Pros – The Bank of Canada left its benchmark interest rate unchanged in March, it announced on Tuesday. In a statement, the bank said it was leaving its overnight cash rate unchanged at 1.00%, broadly in line with expectations. According to the BoC, the global economic recovery was proceeding broadly in line with the bank's projection in its January Monetary Policy Report, although risks remain elevated. The accompanying rate statement released after the announcement said, "While … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Erases Losses As ECB Rate Hike View Supports Posted: 01 Mar 2011 05:59 AM PST Forex Pros – The euro erased losses against the pound on Tuesday, rebounding from a four-day low, as expectations for a near-term interest rate hike by the European Central Bank supported the single currency. EUR/GBP clawed up from 0.8470, the pair's lowest since February 23, to hit 0.8498 during European afternoon trade, gaining 0.09%. The pair was likely to find support at 0.8119, the low of February 23 and resistance at 0.8554, Monday's high. Earlier in the day, data showed that the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GBP/USD Climbs Above 1.63, King Testifies On Inflation Posted: 01 Mar 2011 05:48 AM PST BOE King Testifies in Front of Parliament in Inflation Hearings The Governor of the Bank of England went up in front of Parliament to hold the quarterly Inflation Hearings. He had some interesting points which can help give us clues as to what the Monetary Policy Committee of the BoE is focused on. The MPC debate is centered around how quickly inflation can come back to target. We know some of the factors that will help inflation cool – spare capacity and fiscal consolidation over the next … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Sets Intraday Range Between 1.3860 And 1.3780 Posted: 01 Mar 2011 05:45 AM PST EUR/USD Stays above 1.37; 1.3860 is Key Resistance (2/28) EUR/USD - The EUR/USD did indeed respect the 1.3860 level. In fact it missed it at 1.3855. - Nonetheless we see ranging action developing in the 1H chart between 1.3860 and 1.3780 in the 1H chart. - The bullish scenario remains if the market can break above the 1.3860 clip. We would then be looking at a rally to 1.3980, 1.4280 (as seen in the daily chart below). - However, ahead of Friday's NFP, the EUR/USD might range further. A … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Chinese Film Industry Is Set To Surpass North America’s Posted: 01 Mar 2011 05:35 AM PST The Chinese Film Industry is Set to Surpass North America's by Tony D'Altorio, Investment U Research Tuesday, March 1, 2011 Forget the Oscars… Movie lovers and investors alike should take note of the Chinese film industry instead. Back in January, China's cinematic market produced the largest grossing domestic film ever – Let the Bullets Fly – a western, that raked in over $100 million in ticket sales. Despite the rise of piracy over the last few years, the cinematic culture in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Three ETFs To Watch For Market Direction Insight Posted: 01 Mar 2011 05:30 AM PST Last weeks selling is a distant memory as investors buy on the dip! The rationale for the drop/selling last week was contributed to crude oil jumping near the $100 level and gasoline heading to $3.30 at the pump. What's changed? Crude closed at $97 yesterday and gasoline is $3.36 at the pump. Nothing has changed except buyers are stepping back into the market on the belief the upside is still intact and the opportunity to buy on the dip is valid. I am not one to tell anyone they are … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals As Bernanke Testimony Eyed Posted: 01 Mar 2011 05:30 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as markets looked towards testimony on the U.S. economic outlook from Federal Reserve Chairman Ben Bernanke before the Senate Banking Committee later in the day. During European afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.15% to hit 1.3827. Earlier Tuesday, data showed that the euro zone’s manufacturing sector grew at the fastest pace in almost 11 years in February, driven … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Titanium’s Profit Increases Posted: 01 Mar 2011 05:25 AM PST Net earnings of Titanium Metals Corporation (NYSE:TIE) exceeded to $23 3 million or 13 cents per share in the fourth quarter of 2010 from last year's $4.9 million or 3 cents. The robust growth in earnings came from lower raw materials costs, principally titanium sponge and scrap. In fiscal 2010, net income came in at $80.6 million or 45 cents per share compared with $34.3 million or 19 cents per share in fiscal 2009. However, quarterly revenues of $217.3 million increased 18.4% year over year. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sold CDE Premarket – $31.75 Posted: 01 Mar 2011 05:04 AM PST I had a sell limit order in place for my shares of Coeur D’alene Mines Corp (CDE) at $31.75 which was taken out in this morning’s pre-market activity. Click on the chart to ENLARGE Overnight the US Dollar made a fresh new low (76.76), though at the moment is rebounding somewhat.  Gold inched higher reaching 1422.1, a new recent high and a clear break above the downsloping trend line extending from the all time high of 1432.5.  Silver is making all time highs at 34.475.  … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Trims Gains As Fresh Mideast Unrest Dents Sentiment Posted: 01 Mar 2011 04:53 AM PST Forex Pros – The pound trimmed gains against the U.S. dollar on Tuesday, retreating from a 13-month high as fresh concerns over unrest in the Middle East saw oil prices turn higher and dented risk appetite. GBP/USD pulled back from 1.6328, the pair's highest since January 2, 2010, to hit 1.6264 during European afternoon trade, easing up 0.05%. Cable was likely to find support at 1.6070, Monday's low and resistance at 1.6328, the days high. Earlier in the day, the pound rallied, helped … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Holds Gains Ahead Of Bernanke Testimony Posted: 01 Mar 2011 03:42 AM PST Forex Pros – The euro held gains against the U.S. dollar on Tuesday, trading close to a one-month high, ahead of testimony on the U.S. economic outlook by Federal Reserve Chairman Ben Bernanke. EUR/USD hit 1.3853 during European late morning trade, the daily high; the pair subsequently consolidated at 1.3827, rising 0.15%. The pair was likely to find support at 1.371, Monday's low and short-term resistance at 1.3860, the high of February 2 and a three-month high. Bernanke was expected to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

HMV Starts Talks With Lenders As Tough Trading Conditions Continue Posted: 28 Feb 2011 11:44 PM PST HMV (LON:HMV) , the high street music and media retailer, said this morning that it had initiated discussions with its main lenders ahead of an expected covenant breach later this year. The news came as the group said that pre-tax profits were expected to fall slightly short of market expectations this year as challenging trading conditions continue. Full year net debt levels are expected to soar to not less than £130m – up from £67.6m in 2010 because of a combination of changes in product … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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