DailyMarkets.com - Gold, Silver, Oil, S&P 500 & The Dollar Long Term Trends

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• Gold, Silver, Oil, S&P 500 & The Dollar Long Term Trends
• Wars, Rumors Of Wars, Skyrocketing Oil Prices And Global Economic Chaos – Why Is All Of This Happening?
• Forex – USD/JPY Slips Despite Libya Peace Plan Reports
• Forex – EUR/GPB Extends Gains After Soft U.K. PMI Data
• European Stocks Higher Ahead Of ECB Decision; DAX Up 0.65%
• Forex Trading: Eurozone Q4 GDP Rises 0.3%, Matching Estimates; Retail Sales Rise 0.4% For Month, Also Inline
• Euro Zone GDP Unchanged In Line With Expectations In Q4
• Euro Zone Retail Sales Rise More-than-expected In January
• U.K. Services PMI Falls More-than-expected In February
• Forex – Dollar Broadly Higher Vs. Rivals As Risk Sentiment Recovers
• Forex – GBP/USD Eases Off 13-month High, Rate Outlook Supports
• Euro Zone Final Services PMI Drops Unexpectedly In February
• Forex Trading: Eurozone Final Services PMI
• Forex – USD/CHF Rebounds On Reports Of Libya Peace Plan
• Swiss Retail Sales Drop Unexpectedly In January
• Hot Option Plays: Market Trading Like A Tennis Match!
• Hot Option Plays: Good News & Bad News Challenges Market
• Forex – AUD/USD Down After Building Approvals, Exports Decline
• Forex – NZD/USD Rebounds From 10-week Low As RBNZ Eyed
• Asia Stocks Advance As Oil Prices Retreat; Nikkei Gains 0.89%
• Forex – EUR/USD Holds Gains Ahead Of ECB Policy Meeting
• German Retail Sales Rise More-than-expected In January
• Australia Building Approvals Plunge In January
• Brazil Central Bank Raises Selic Rate 50bps To 11.75%
• Momentum Stock: Cliffs Natural Resources, Inc.
• Growth & Income Stock: LINN Energy LLC
• Aggressive Growth Stock: Brush Engineered Materials
• Bull Of The Day: NVIDIA Corp. (NVDA)
• Bear Of The Day: Strayer Education (STRA)
• Polish Central Bank Holds Rate At 3.75%
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• W.R. Berkley Ramps Buyback
• Has Spiking Oil Kicked-Off A New Bear Market In Stocks?
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During The Asian Session
• Forex – EUR/GBP Down In Asian Trade
• Stifling Entrepreneurship In The Middle East
• Forex – USD/JPY Down During The Asian Session
• U.S. Is Inundated With Natural Gas, Record Output In 2010, Residential Prices Fall To 7 Year Low
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down In Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down In Asian Trading Hours
• Sold BAA – $3.60 Buy SVM – $14.10
• Forex – AUD/USD Down On Economic Data
• Stock Market Summary For Wednesday, March 2, 2011
• China Gets It, When Will America?

Gold, Silver, Oil, S&P 500 & The Dollar Long Term Trends Posted: 03 Mar 2011 03:35 AM PST Trading with multiple time frames – Every now and then it's always a good idea to look at some different time frames to be sure you have a solid understanding for the longer term trends in play. I will admit that it's easy to get caught up in trading the shorter time frames like the 1, 10, and 60 minute charts especially when there are large intraday movements. But every night you must reset your thinking by looking at the bigger picture. Below are weekly and daily charts which I … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wars, Rumors Of Wars, Skyrocketing Oil Prices And Global Economic Chaos – Why Is All Of This Happening? Posted: 03 Mar 2011 03:01 AM PST Did anyone out there anticipate that 2011 would be such a wild year?  The year is barely over two months old and we have already seen multiple civil wars erupt, rumors of more wars all over the mainstream media (potentially even including the United States), riots and revolutions breaking out all over the globe, oil prices soaring into the stratosphere and chaos on global financial markets.  So why is all of this happening?  Is all of this one big coincidence or is there a reason why … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Slips Despite Libya Peace Plan Reports Posted: 03 Mar 2011 02:45 AM PST Forex Pros – The U.S. dollar dipped to a daily low against the yen on Thursday, despite an improvement in market sentiment as oil prices eased following reports of a possible deal to end violence in Libya. USD/JPY hit 81.74 during European morning trade, the daily low; the pair subsequently consolidated at 81.80, slipping 0.06%. The pair was likely to find support at 81.56, Wednesday's low and one-month low and resistance at 82.10, Wednesday's high. Earlier in the day, news network Al … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GPB Extends Gains After Soft U.K. PMI Data Posted: 03 Mar 2011 02:27 AM PST Forex Pros – The euro extended gains against the pound on Thursday, rising to a three-day high after a weaker-than-expected survey of the U.K. services sector and data showing that euro zone retail sales rose slightly more-than-expected in January. EUR/GBP hit 0.8519 during European morning trade, the pair's highest since Monday; the pair subsequently consolidated at 0.8517, gaining 0.31%. The pair was likely to find support at 0.8462, Wednesday's low and resistance at 0.8554, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Higher Ahead Of ECB Decision; DAX Up 0.65% Posted: 03 Mar 2011 02:14 AM PST Forex Pros – European stock markets were higher on Thursday, as market sentiment was boosted by media reports of a possible Libyan peace plan, while U.S. futures indexes pointed to an upbeat open on Wall Street. During European morning trade, the EURO STOXX 50 jumped 0.71%, France's CAC 40 added 0.75%, while Germany’s DAX gained 0.65%. Oil prices retreated from a 29-month high after the Arab League said it was studying a plan proposed by OPEC-member Venezuela to end the violence in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Q4 GDP Rises 0.3%, Matching Estimates; Retail Sales Rise 0.4% For Month, Also Inline Posted: 03 Mar 2011 02:07 AM PST Eurozone Q4 GDP came in at 0.3%, inline with expectations. Retail Sales in January rose 0.4%, inline with estimates. Eur/Usd rose to 1.3862, up about 10 points on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone GDP Unchanged In Line With Expectations In Q4 Posted: 03 Mar 2011 02:07 AM PST Forex Pros – The euro zone's economy grew in line with expectations during the fourth quarter of 2010, unchanged from a preliminary estimate, official data showed on Thursday. In a report, Eurostat, the statistical office of the European Union, said the euro zone's gross domestic product increased by a seasonally adjusted rate of 0.3% during the fourth quarter, unchanged from a preliminary estimate.  The report said that year-on-year, GDP grew at an annualized rate of 2.0%, broadly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Retail Sales Rise More-than-expected In January Posted: 03 Mar 2011 02:05 AM PST Forex Pros – Retail sales in the euro zone rose slightly more-than-expected in January, official data showed on Thursday. In a report, Eurostat said retail sales rose by a seasonally adjusted 0.4% in January, after dropping by 0.4% in December, whose figure was revised from a decline of 0.6%. Analysts had expected retail sales to rise by 0.3% in January. The report showed that year-on-year, retail sales rose more-than-expected in January, rising at an annualized rate of 0.7% in January, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Services PMI Falls More-than-expected In February Posted: 03 Mar 2011 01:36 AM PST Forex Pros – Service sector activity in the U.K. declined more-than-expected in February, data showed on Thursday. In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing Managers Index fell to 52.6 in February, after rising to an eight-month high of 54.5 in January. Analysts had expected the index to ease down to 54.0 in February. On the index, a level above 50.0 indicates expansion in the industry, below 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Broadly Higher Vs. Rivals As Risk Sentiment Recovers Posted: 03 Mar 2011 01:30 AM PST Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Thursday, as upbeat U.S. economic data and reports of a possible Libyan peace plan boosted market sentiment. During European morning trade, the greenback edged higher against the euro, with EUR/USD slipping 0.13% to hit 1.3846. Earlier in the day, data showed that the euro zone’s services sector grew less than initially projected in February. The greenback was also higher against the pound, with GBP/USD … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Eases Off 13-month High, Rate Outlook Supports Posted: 03 Mar 2011 01:15 AM PST Forex Pros – The pound dipped against the U.S. dollar on Thursday, but remained close to a 13-month high, as expectations that the Bank of England would hike interest rates ahead of the U.S. Federal Reserve supported the currency. GBP/USD hit 1.6305 during European morning trade, the daily low; the pair subsequently consolidated at 1.6308, dipping 0.09%. Cable was likely to find support at 1.6213, Wednesday's low and short-term resistance at 1.6343, Wednesday's high and a 13-month … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Final Services PMI Drops Unexpectedly In February Posted: 03 Mar 2011 01:08 AM PST Forex Pros – The euro zone’s services sector grew less than initially projected in February, data showed on Thursday. In a report, the market research group, Markit said the final euro zone services business activity index fell to 56.8 in February, following a preliminary estimate of 57.2. Analysts had expected the index to remain unchanged from a preliminary estimate of 57.2.  On the index, a level above 50.0 indicates expansion in the industry, below 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Final Services PMI Posted: 03 Mar 2011 01:04 AM PST EZ Final Services PMI came in at 56.8, weaker than the 57.2 expected. Eur/Usd has been trading at bottom end of tight range, currently at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Rebounds On Reports Of Libya Peace Plan Posted: 03 Mar 2011 12:57 AM PST Forex Pros – The U.S. dollar was up against the Swiss franc on Thursday, rebounding from the pair's all-time low after media reports that Libyan leader Muammar Gaddafi and the president of the Arab League had agreed to a peace plan to end the violence in Libya. USD/CHF hit 0.9264 during early European trade, the daily high; the pair subsequently consolidated at 0.9259, gaining 0.26%. The pair was likely to find support at 0.9199, Wednesday's low and the pair's all-time low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss Retail Sales Drop Unexpectedly In January Posted: 03 Mar 2011 12:19 AM PST Forex Pros – Retail sales in Switzerland declined unexpectedly in January, dropping for the second consecutive month, official data showed on Thursday. In a report, Switzerland's Federal Statistical Office said that retail sales fell by an annual rate of 2.6% in January, after slumping by 0.8% in December, whose figure was revised from a decline of 0.4%. Analysts had expected retail sales to increase at annual rate of 1.7% in January. Following the release of the data, the Swiss franc … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Market Trading Like A Tennis Match! Posted: 03 Mar 2011 12:18 AM PST Cusick's Corner The tennis match continues into the Midday, with the bulls bouncing back from the lows. The market hit the lows on the ADP data which to me was very interesting, thought there could be a run to upside on the heels of a good number. Battle lines are being drawn, with the consolidation between 1300 and 1310 on the S&Ps. The bulls would like to see the market stay in this consolidation, especially with the Mid-East still very volatile and $100 oil. They need these issues to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Good News & Bad News Challenges Market Posted: 03 Mar 2011 12:18 AM PST Cusick's Corner We have a market that is challenged by good news and bad news. The good news is that the employment picture is looking better, watch for confirmation with the latest unemployment number this Friday. The bad news is that inflation appears to be growing faster than anticipated, stressing the Equity markets as well as the Federal Reserve. There are also growing fears over the health of the Finance sector, specifically Banking. The pullback over the last 3 sessions is concerning … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down After Building Approvals, Exports Decline Posted: 03 Mar 2011 12:13 AM PST Forex Pros – The Australian dollar was down against its U.S. counterpart on Thursday, following official data showing that home-building approvals slumped in January and exports declined. AUD/USD hit 1.0144 during late Asian trade, the daily low; the pair subsequently consolidated at 1.0154, shedding 0.13%. The pair was likely to find support at 1.0084, Wednesday's low and resistance at 1.0201, Tuesday's high and a two-month high. The Australian Bureau of Statistics said that number of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Rebounds From 10-week Low As RBNZ Eyed Posted: 02 Mar 2011 11:56 PM PST Forex Pros – The New Zealand dollar rebounded from a 10-week low against its U.S. counterpart on Thursday, after falling sharply on Wednesday, when Prime Minister John Key said he expected the central bank to cut interest rates next week. NZD/USD hit 0.7464 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7442, gaining 0.14%. The pair was likely to find support at 0.7382, Wednesday's low and a 10-week low and resistance at 0.7532, Tuesday's high. On … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Advance As Oil Prices Retreat; Nikkei Gains 0.89% Posted: 02 Mar 2011 11:48 PM PST Forex Pros – Asian stock markets were broadly higher on Thursday, as concerns over rising energy prices eased after oil prices retreated from a 29-month high, while Japanese exporters advanced amid optimism over the U.S. economic recovery. During late Asian trade, Hong Kong’s Hang Seng Index added 0.3%, South Korea’s Kospi Composite surged 2.2%, while Japan's Nikkei 225 Index climbed 0.89%.  Shares in Japanese exporters advanced after the Federal Reserve said in its Beige Book that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Holds Gains Ahead Of ECB Policy Meeting Posted: 02 Mar 2011 11:34 PM PST Forex Pros – The euro was trading close to a four month high against the U.S. dollar on Thursday, as expectations for a near-term interest rate hike by the European Central Bank supported the single currency ahead of a policy meeting later in the day. EUR/USD hit 1.3876 during late Asian trade, a daily high; the pair subsequently consolidated at 1.3865, easing up 0.02%. The pair was likely to find support at 1.3742, Wednesday's low and resistance at 1.3973, the high of November … [visit site to read more] or compare Best Credit Cards and Best CD Rates

German Retail Sales Rise More-than-expected In January Posted: 02 Mar 2011 11:22 PM PST Forex Pros – Retail sales in Germany rose more-than-expected in January, official data showed on Thursday. In a report, Germany's Statistics Office said retail sales rose by a seasonally adjusted 1.5% in January, after rising by 0.3% in December, whose figure was revised upwards from a decline of 0.3%. Analysts had expected retail sales to rise by 0.5% in January. The data showed that German retail sales rose at annualized rate of 2.6% in January, after dropping by 0.5% in December, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Australia Building Approvals Plunge In January Posted: 02 Mar 2011 11:17 PM PST Forex Pros – The number of new building approvals issued in Australia fell significantly more-than-expected in January, official data showed on Thursday. In a report, the Australian Bureau of Statistics said new building approvals issued dropped by a seasonally adjusted 15.9% in January, after rising by 10.0% in December, whose figure was revised up from 8.7%. Analysts had expected new building approvals issued to decline by 3.1% in January. The data showed that year-over-year, new … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Brazil Central Bank Raises Selic Rate 50bps To 11.75% Posted: 02 Mar 2011 11:06 PM PST The Banco Central do Brasil raised the Selic interest rate by 50 basis points to 11.75% from 11.25% previously. The Bank’s policy committee said in its statement : “Following the process of adjustment of monetary conditions, the monetary policy committee decided, unanimously, to raise the rate to 11.75 percent a year, without a bias,”. The move is intended to head off overheating as the Brazilian economy surges along with rising commodity prices. Brazil saw inflation of 5.99% in January, up … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Cliffs Natural Resources, Inc. Posted: 02 Mar 2011 11:05 PM PST Cliffs Natural Resources, Inc. (NYSE:CLF) recently spiked to a new multi-year high after reporting strong Q4 results that came in well ahead of expectations. Estimates have since jumped higher, providing a nice shot of momentum to this Zacks #1 rank stock. Company Description Cliffs Natural Resources, Inc. is a mining and natural resources company that specializes in iron ore and metallurgical coal. The company was founded in 1847 and has a market cap of $13 billion. Although CLF has been trending … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: LINN Energy LLC Posted: 02 Mar 2011 11:05 PM PST Estimates have rising for LINN Energy LLC (NASDAQ:LINE) since the company delivered strong fourth quarter results. Based on the current Zacks Consensus Estimate, net income per unit is expected to grow by 27% in 2011. The company also pays a distribution that yields an attractive 6.8%. It is a Zacks #2 Rank (Buy) stock. Company Description LINN Energy LLC is an independent oil and gas development company. It is headquartered in Houston, Texas and has a market cap of $5.7 billion. Fourth Quarter … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Brush Engineered Materials Posted: 02 Mar 2011 11:05 PM PST Brush Engineered Materials Inc. (NYSE:BW) soared on its recent earnings surprise. Earnings were up sharply as the company set records for quarterly and annual revenues. Analysts keep raising estimates for this Zacks #1 Rank (Strong Buy) and there are plenty of gains to be had in the future. Company Description Brush Engineered Materials supplies highly customized and advanced materials including precious and non precious metals, coatings, alloys and composites. Huge Quarter On Feb 24 Brush … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: NVIDIA Corp. (NVDA) Posted: 02 Mar 2011 11:05 PM PST NVIDIA Corp. (NASDAQ:NVDA) is a worldwide leader in visual computing technologies. The company reported decent fourth-quarter numbers, but is optimistic about its long-term growth with the gradual recovery in demand for graphic chips. Moreover, the company rolled out the first quad-core mobile processor. The company also received $1.5 billion in a licensing agreement with Intel Corp. that spans for six years. The stock has traded in a trailing twelve month P/E of 36.3x, and going forward we expect … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Strayer Education (STRA) Posted: 02 Mar 2011 11:05 PM PST Although Strayer Education (NASDAQ:STRA) posted better-than-expected fourth-quarter 2010 results, enrollments continue to fall. We observe that the growth in enrollments has decelerated sequentially. After increasing 11% in the third quarter of 2010, the rate of growth in campus-based students dropped to 4% in the fourth quarter. Moreover, the rate growth in online students falls to 10%, following an 18% increase in the previous quarter. The company also informed that new student enrollment dropped … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Polish Central Bank Holds Rate At 3.75% Posted: 02 Mar 2011 10:54 PM PST The National Bank of Poland held its benchmark interest rate unchanged at 3.75%, as part of its gradual process of policy normalization. Poland recorded inflation of 3.8% in January, versus 3.1% in December, according to figures from the statistics office. The Polish economy expanded 4.4% year-on-year in the Q4 2010, compared to 4.2% in Q3 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 02 Mar 2011 10:20 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3868, up 0.02% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.3890, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8497 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down In Asian Trade Posted: 02 Mar 2011 09:50 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6318, down 0.05% at time of writing. The pair was likely to find support at 1.6073, Monday'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 0.02% to hit 0.8494 and GBP/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

W.R. Berkley Ramps Buyback Posted: 02 Mar 2011 09:35 PM PST Yesterday, property and casualty insurer W.R. Berkley Corp. (NYSE:WRB) announced an increase in repurchase authorization to 10 million shares. The increased authorization represents nearly 7% of the company's 155.1 million outstanding shares as of December 31, 2010. Buybacks let companies boost per-share profits by reducing their equity base and  indicates that the executives find their stock undervalued.  Berkley has been aggressively repurchasing shares. From 2008 to 2010, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Has Spiking Oil Kicked-Off A New Bear Market In Stocks? Posted: 02 Mar 2011 09:20 PM PST Today, we cover specific strategies and tactics we may employ over the coming weeks with respect to our holdings, cash, the Fed, the outlook for stocks, oil prices, and key market levels. The recent spike in oil prices has many wondering if it is "déjà vu all over again". In July 2008, oil prices surged to over $140 per barrel with the S&P 500 trading at 1,240. As oil came back to earth over the coming months, the S&P 500 did not find buyers until hitting 666 intraday in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down In Asian Trading Hours Posted: 02 Mar 2011 09:20 PM PST Forex Pros – The Euro was lower against the Swiss Franc on Thursday. EUR/CHF was trading at 1.2804, down 0.01% at time of writing. The pair was likely to find support at 1.2727, Monday's low, and resistance at 1.2894, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.04% to hit 1.3859 and EUR/JPY falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The Asian Session Posted: 02 Mar 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Thursday. USD/CHF was trading at 0.9240, up 0.05% at time of writing. The pair was likely to find support at 0.9202, Wednesday's low, and resistance at 0.9322, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3856 and USD/JPY falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down In Asian Trade Posted: 02 Mar 2011 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Thursday. EUR/GBP was trading at 0.8488, down 0.05% at time of writing. The pair was likely to find support at 0.8461, Tuesday's low, and resistance at 0.8555, Monday's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.04% to hit 1.3859 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stifling Entrepreneurship In The Middle East Posted: 02 Mar 2011 08:18 PM PST Here’s an excellent economic and  political analysis of the situation in the Middle East, by James Surowiecki writing in the The New Yorker: “Healthy economies need a thriving and independent private sector, where resources are allocated by markets and competition, and where small and medium-sized businesses can flourish. But in most of the Middle East the state and big business are so tightly intertwined as to be indistinguishable, and competition has been discouraged in favor of central … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down During The Asian Session Posted: 02 Mar 2011 07:40 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Thursday. USD/JPY was trading at 81.78, down 0.10% at time of writing. The pair was likely to find support at 81.58, Wednesday's low, and resistance at 82.23, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.03% to hit 1.3861 and GBP/USD rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Is Inundated With Natural Gas, Record Output In 2010, Residential Prices Fall To 7 Year Low Posted: 02 Mar 2011 07:32 PM PST According to data just released by the EIA, natural gas production in the U.S. reached an annual record high of 26.85 trillion cubic feet in 2010.  That output was an increase of 3.22% above the previous record high last year, which pushed U.S. production in 2009 above Russia’s, and made the U.S. the #1 producer of natural gas in the world.   On a monthly basis, natural gas production in December surged to 2.386 trillion cubic feet, which was almost 9% above the year-ago level, and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up In Asian Trading Hours Posted: 02 Mar 2011 07:10 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9733, up 0.02% at time of writing. The pair was likely to find support at 0.9684, Tuesday's low, and resistance at 0.9790, Monday's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.05% to hit 1.3858 and GBP/USD falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down In Asian Trade Posted: 02 Mar 2011 06:30 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0145, down 0.24% at time of writing. The pair was likely to find support at 1.0086, Wednesday's low, and resistance at 1.0202, Tuesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.13% to hit 1.3654 and AUD/JPY falling 0.27% 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: 02 Mar 2011 06:05 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3854, down 0.08% at time of writing. The pair was likely to find support at 1.3712, Monday's low, and resistance at 1.3890, Wednesday'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 0.8492 and EUR/JPY falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Down In Asian Trading Hours Posted: 02 Mar 2011 05:35 PM PST Forex Pros – The Euro was lower against the Japanese Yen on Thursday. EUR/JPY was trading at 113.43, down 0.06% at time of writing. The pair was likely to find support at 111.97, Monday's low, and resistance at 113.73, Tuesday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.06% to hit 1.3857 and EUR/GBP rising 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sold BAA – $3.60 Buy SVM – $14.10 Posted: 02 Mar 2011 05:26 PM PST I made two trades today, a buy and a sell. This is a 4 hour chart of Banro Corporation (BAA) which I sold at $3.60 per the price I had set in Tomorrow’s Trades (Today!). Click on a chart to ENLARGE And this was my purchase of Silvercorp Metals Inc (SVM) at $14.10…also per the price I had set in Tomorrow’s Trades (Today!). The big winner today was US Silver – up 14.10%.  I tried and tried to get an accepted order before the market opened today for USSIF and for some reason my … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down On Economic Data Posted: 02 Mar 2011 05:05 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Trade Balance. AUD/USD was trading at 1.0154, down 0.15% at time of writing. The pair was likely to find support at 1.0086, Wednesday's low, and resistance at 1.0202, Tuesday's high. Earlier in the day, official data showed that Australia's trade balance rose more-than-expected to a seasonally adjusted 1.88B last month from 2.02B in the preceding month whose figure … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Wednesday, March 2, 2011 Posted: 02 Mar 2011 04:06 PM PST Marginal gains on low investor activity were the theme today.  Market breadth was ok.  The support/resistance levels are basically the same on the DJIA, S&P 500, and Nasdaq Composite (see below).  However, we are raising the support on the Nasdaq Composite (see below).  The recent trend has been when the market declines investors have been selling shares.  When the market advances investors are not buying shares.  The major indexes remain above their … [visit site to read more] or compare Best Credit Cards and Best CD Rates

China Gets It, When Will America? Posted: 02 Mar 2011 12:44 AM PST I have written about social inequality and the risks it poses to the social fabric and stability before (see recent examples here and here), Andy Xie recently commented about the wave of unrest sweeping North Africa and threatening the Middle East. His comments could be generalized to the rest of the developed world, largely because the fruits of globalization have not been distributed evenly [emphasis added]: A large share of the global population, including low-income groups in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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