DailyMarkets.com - Here’s Your Guide To Debunking Gold Bears

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• Here’s Your Guide To Debunking Gold Bears
• Britain’s CBI Realized Sales Rise Unexpectedly In March
• Swiss KOF Economic Barometer Rises Unexpectedly In March
• Forex – Dollar Broadly Higher Boosted By Fed Speculation
• Forex – Pound Hits 3-day High Vs. Dollar But Gains Limited
• Forex Trading: Eurozone Consumer Confidence Falls To In March 107.3 From 107.9 Prior Month
• Forex – USD/JPY Nears 3-week High On Fed Tightening Hopes
• Forex Trading: Euro Higher After Bank Of Spain Announced They See 2011 GDP Growth At 0.8%
• Forex – NZD/USD Hits 5-week High As Risk Appetite Sharpens
• Forex – AUD/USD Surges To Record High On Global Growth Hopes
• Asia Stocks Rally On Japan Production Outlook; Nikkei Jumps 2.6%
• Forex – EUR/USD Slips But Supported On ECB Rate Hike Outlook
• Forex Trading: Euro Slightly Softer Following Smaghi’s Comments
• Oil Forecast For March 30, 2011
• Gold Forecast For March 30, 2011
• Natural Gas Forecast For March 30, 2011
• Forex Trading: USD/CHF Finding Daily Resistance At .9243
• Crude Oil Gains Despite Negative News Flow, Gold To Follow Stocks Higher
• Forex – EUR/USD Down During The Asian Session
• Bull Of The Day: Dell, Inc. (DELL)
• Bear Of The Day: AXIS Capital Holdings (AXS)
• Growth & Income Stock: Stryker Corporation
• Aggressive Growth Stock: Polypore International, Inc.
• Momentum Stock: Estee Lauder Companies, Inc.
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Juggernaut PLDT Makes News!
• 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 – EUR/JPY Up During Asian Trade
• Stock Market Summary For Tuesday, March 29, 2011
• Forex – GBP/JPY Down During The Asian Session
• Forex – USD/JPY Down On Economic Data

Here’s Your Guide To Debunking Gold Bears Posted: 30 Mar 2011 03:35 AM PDT In this missive we reply to the supposed reasons against investing in Gold. Point: If you bought Gold in 1980, you were in the red for many years. In only two and a half months, Gold went from $400/oz to over $850/oz. Gold really began to takeoff in the second quarter of 1979 at a price of $250/oz. Some buying came in after Gold's initial crash as it rebounded from $500/oz to $750/oz. The point is Gold spent only nine months above $500/oz. The spike was extremely short-lived. Very … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Britain’s CBI Realized Sales Rise Unexpectedly In March Posted: 30 Mar 2011 03:07 AM PDT Forex Pros &ndash; Retail sales in Britain rose unexpectedly in March, rebounding from February&rsquo;s sharp decline, industry data showed on Wednesday.<br /><br />In a report, the Confederation of British Industry said the result of its index of U.K. retailers climbed to 15 in March, after dropping to 6 in February.<br /><br />Analysts had expected the index to decline to -1 in March.<br /><br />On the index, a reading above zero indicates higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss KOF Economic Barometer Rises Unexpectedly In March Posted: 30 Mar 2011 02:39 AM PDT Forex Pros &ndash; Switzerland&rsquo;s leading economic barometer rose unexpectedly in March, rising for the second consecutive month, industry data showed on Wednesday.<br /><br />In a report, the KOF Economic Research Agency said its index of 12 leading indicators rose to 2.24 in March, after rising to 2.19 in February, whose figure was revised up from 2.18.<br /><br />Analysts had expected the economic barometer to fall to 2.16 in March.<br /><br … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Broadly Higher Boosted By Fed Speculation Posted: 30 Mar 2011 02:30 AM PDT Forex Pros &ndash; The U.S. dollar was broadly higher against its major counterparts on Wednesday, boosted by speculation that the Federal Reserve may curtail its bond buying program, while stronger risk appetite boosted demand for riskier assets.<br /><br />During European morning trade, the greenback was slightly higher against the euro, with EUR/USD slipping 0.11% to hit 1.4098.<br /><br />On Tuesday, Federal Reserve Bank of Dallas President Richard Fisher said … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Pound Hits 3-day High Vs. Dollar But Gains Limited Posted: 30 Mar 2011 02:17 AM PDT Forex Pros &ndash; The pound rose to a three-day high against the U.S. dollar on Wednesday, but gains were limited amid uncertainty over the uneven nature of the economic recovery in the U.K.<br /><br />GBP/USD hit 1.6082 during European morning trade, the pair&rsquo;s highest since last Friday; the pair subsequently consolidated at 1.6061, gaining 0.31%.<br /><br />Cable was likely to find support at 1.5936, Monday&rsquo;s low and a two-month low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Consumer Confidence Falls To In March 107.3 From 107.9 Prior Month Posted: 30 Mar 2011 02:04 AM PDT The 107.3 reading was weaker than the 107.5 expected. Eur/Usd has dropped about 15 points to 1.4092 on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Nears 3-week High On Fed Tightening Hopes Posted: 30 Mar 2011 01:30 AM PDT Forex Pros &ndash; The U.S. dollar was up against the yen on Wednesday, trading close to a three-week high, after a senior Federal Reserve official indicated that the central bank may curtail its quantitative easing program.<br /><br />USD/JPY hit 83.14 during early European trade, the pair&rsquo;s highest since March 11; the pair subsequently consolidated at 83.06, surging 0.71%.<br /><br />The pair was likely to find support at 81.53, Tuesday&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Higher After Bank Of Spain Announced They See 2011 GDP Growth At 0.8% Posted: 30 Mar 2011 01:17 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Hits 5-week High As Risk Appetite Sharpens Posted: 30 Mar 2011 01:11 AM PDT Forex Pros &ndash; The New Zealand dollar climbed to a five-week high against its U.S. counterpart on Wednesday, touching its highest level since the February 22 earthquake that devastated Christchurch, lifted by a broad recovery in risk appetite.<br /><br />NZD/USD hit 0.7608 during late Asian trade, the pair&rsquo;s highest since February 22; the pair subsequently consolidated at 0.7602, gaining 0.52%.<br /><br />The pair was likely to find support at 0.7492, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Surges To Record High On Global Growth Hopes Posted: 30 Mar 2011 12:56 AM PDT Forex Pros &ndash; The Australian dollar rose to its highest level against its U.S. counterpart since it was floated in 1983 on Wednesday, amid hopes that the global economic recovery will boost demand for commodities.<br /><br />AUD/USD hit 1.0332 during late Asian trade, the pair&rsquo;s all-time high; the pair subsequently consolidated at 1.0305, gaining 0.14%.<br /><br />The pair was likely to find support at 1.0203, Tuesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Rally On Japan Production Outlook; Nikkei Jumps 2.6% Posted: 30 Mar 2011 12:53 AM PDT Forex Pros &ndash; Asian stock markets posted sharp gains on Wednesday, as market sentiment was boosted by a flurry of upbeats earnings reports and as Japanese factories began resuming production following the March 11 earthquake. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index jumped 1.7%, South Korea’s Kospi Composite climbed 0.93%, while Japan&rsquo;s Nikkei 225 rallied 2.64%. <br /><br />The Nikkei closed at the highest level since the March … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Slips But Supported On ECB Rate Hike Outlook Posted: 30 Mar 2011 12:34 AM PDT Forex Pros &ndash; The euro slipped against the U.S. dollar on Wednesday, after hawkish comments by senior Federal Reserve officials, but the single currency remained supported by expectations for a rate hike by the European Central Bank next month.<br /><br />EUR/USD hit 1.4060 during late Asian trade, the daily low; the pair subsequently consolidated at 1.4073, shedding 0.29%.<br /><br />The pair was likely to find short-term support at 1.4019, Monday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro Slightly Softer Following Smaghi’s Comments Posted: 30 Mar 2011 12:15 AM PDT Following less than positive comments from ECB's Bini Smaghi, the Euro has eased slightly. In the cast of the Euro versus the British pound, the pair has been trading continually lower after testing channel resistance which has been forming since February 25th. The next target lower is .87658; the 38.2% … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Oil Forecast For March 30, 2011 Posted: 30 Mar 2011 12:04 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract has had a nice turn around today, finding support at our previously mentioned $102.50 level. The momentum is certainly still to the upside, as this chart shows. Any new positions will have to contend with the $107.50 level, a major resistance area. A break down below $102.50 would reach for support at $100 a barrel. Brent Brent has found strong supportive buying today, forming a hammer at the previous area of consolidation. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Forecast For March 30, 2011 Posted: 30 Mar 2011 12:03 AM PDT By CommoditiesMansion.com   Gold markets printed another negative bar today, however like the rest – it looks better than it sounds. The wick at the bottom of this bar is of fair length, making it a pseudo-hammer. Because of this, the $1,410 area looks like it wants to be quite supportive of the precious metal. Any move upward should see us trying to reach $1,450 soon. A break below the $1,410 level still isn't a sell signal, as the $1,400 and $1,380 levels are potential support … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Natural Gas Forecast For March 30, 2011 Posted: 30 Mar 2011 12:02 AM PDT By CommoditiesMansion.com   The Natural Gas contract had an extremely bearish day today, falling 16 cents. The commodity has found support at the $4.20 level, a level which we stated might prove supportive. Buyers could be attracted to the market at this point, and a supportive bar will be needed to feel good about buying. The prudent play will be to wait until the end of tomorrow and read the market and its mood at that point. A break below the $4.20 area will have us looking for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USD/CHF Finding Daily Resistance At .9243 Posted: 29 Mar 2011 11:55 PM PDT With the USD firmer in recent trade, the USD/CHF pair doesn't not seem to be able to break through .92434; the 38.2% fibo line on the move from February 11th to the low on March 17th. A close above this level would be a bullish signal; the next target from a longer-term perspective would be .93261, the low from February … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Gains Despite Negative News Flow, Gold To Follow Stocks Higher Posted: 29 Mar 2011 11:33 PM PDT Commodities – Energy Crude Oil Gains Despite Negative News Flow WTI Crude Oil (NY Close): $104.79 // +$0.81 // +0.78% Commentary: Crude oil prices have rebuilt a significant positive short-term correlation with the MSCI World Stock index, suggesting the spotlight has shifted from the crisis in the Middle East toward demand expectations. With that in mind, explaining today's advance is a tall order considering a host of negative factors that ought to have sunk risk appetite, from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 29 Mar 2011 11:20 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4087, down 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4193, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8793 and EUR/JPY rising 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Dell, Inc. (DELL) Posted: 29 Mar 2011 11:05 PM PDT Dell Inc. (NASDAQ:DELL) reported decent fourth quarter numbers, with earnings per share (EPS) and revenues moving up from the year-ago quarter. New products, a stronger services business, opportunities in the Electronic Medical Record sector, along with the introduction of Dell Streak were the achievements of the year. Dell also benefited from the expanded customer base that resulted from the Perot acquisition. The stock is trading at a 42.7% discount to the peer group based on forward earnings … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: AXIS Capital Holdings (AXS) Posted: 29 Mar 2011 11:05 PM PDT We are downgrading AXIS Capital’s (NYSE:AXS) to Underperform as we expect the company to suffer majorly from catastrophic losses. We also believe that near-term results will remain curtailed, given the current stress in the overall economy and the soft pricing environment. Though rate increases and growth opportunities have resulted in increased premiums in the Reinsurance segment, significant growth in the Insurance segment remains elusive. Our six-month target price of $31.00 equates to 27.0x … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Stryker Corporation Posted: 29 Mar 2011 11:05 PM PDT Stryker Corporation (NYSE:SYK) has a very solid balance sheet and a history of returning value to shareholders through dividend increases and share buybacks. The medical technology company spent $426 million in 2010 buying back stock and has raised its dividend at an average annual rate of 31.7% since 2000. It currently yields 1.1%. Stryker also has a history of consistently growing its sales and earnings. This solid growth is expected to continue over the next couple of years, with 11% EPS growth … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Polypore International, Inc. Posted: 29 Mar 2011 11:05 PM PDT Polypore International, Inc. (NYSE:PPO) is coming off of a very strong quarterly report. Not only did the company show solid results, but also had very encouraging words from the CEO. This Zacks #1 Rank (Strong Buy) is focusing on long-term growth and analysts continue to push forecasts higher. Company Description Polypore makes specialized polymer membranes used in separation and filtration process. The company’s energy storage and separation media is used in lead-acid batteries in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Estee Lauder Companies, Inc. Posted: 29 Mar 2011 11:05 PM PDT Estee Lauder Companies, Inc. (NYSE:EL) just hit a new all-time high after reporting an impressive 23% earnings surprise in early February. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock offers a fresh look for momentum. Company Description The Estee Lauder Companies, Inc, develops and sells a wide range of skin care, makeup, fragrance and hair care products worldwide. The company was founded in 1946 and has a market cap of $19 billion. Estee Lauder has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down In Asian Trade Posted: 29 Mar 2011 10:50 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Wednesday.<br/><br/> GBP/USD was trading at 1.6004, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Monday&rsquo;s low, and resistance at 1.6142, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8804 and GBP/JPY rising 0.44% 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: 29 Mar 2011 10:20 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Wednesday.<br/><br/> EUR/CHF was trading at 1.2994, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.2863, Friday&rsquo;s low, and resistance at 1.3014, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.28% to hit 1.4075 and EUR/JPY rising 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Juggernaut PLDT Makes News! Posted: 29 Mar 2011 09:57 PM PDT Telephone giant Philippine Long Distance Company (PLDT) or TEL in the Philippine Stock Exchange made news today when it soared by an amazing 15.72%, carrying the entire PSEi on its back. Yes. PLDT made quite a splash as it soared from PHP 2,036.00 per share yesterday to a closing of PHP 2,356.00 today. As you can see from its chart above, the move is actually exhibited by wide bullish breakaway gap. With its value turnover reaching a little more than PHP 2.25 billion, it is quite likely TEL … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During Asian Trade Posted: 29 Mar 2011 09:50 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Wednesday.<br/><br/> USD/CHF was trading at 0.9240, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 0.9079, Friday&rsquo;s low, and resistance at 0.9242, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.24% to hit 1.4080 and USD/JPY rising 0.52% 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: 29 Mar 2011 09:20 PM PDT Forex Pros – The Euro was lower against the British Pound on Wednesday.<br/><br/> EUR/GBP was trading at 0.8806, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 0.8762, Monday&rsquo;s low, and resistance at 0.8836, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.18% to hit 1.4089 and EUR/JPY rising 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 29 Mar 2011 08:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Wednesday.<br/><br/> USD/JPY was trading at 82.91, up 0.53% at time of writing.<br/><br/> The pair was likely to find support at 80.88, Friday&rsquo;s low, and resistance at 82.94, today&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.20% to hit 1.4085 and GBP/USD falling 0.13% 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: 29 Mar 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Wednesday.<br/><br/> USD/CAD was trading at 0.9747, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.9734, today&rsquo;s low, and resistance at 0.9828, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.22% to hit 1.4082 and GBP/USD falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade Posted: 29 Mar 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Wednesday.<br/><br/> AUD/USD was trading at 1.0279, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 1.0189, Friday&rsquo;s low, and resistance at 1.0318, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.13% to hit 1.3698 and AUD/JPY rising 0.24% 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: 29 Mar 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4085, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.4022, Monday&rsquo;s low, and resistance at 1.4193, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8806 and EUR/JPY rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During Asian Trade Posted: 29 Mar 2011 06:35 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> EUR/JPY was trading at 116.42, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 114.21, Monday&rsquo;s low, and resistance at 116.57, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Tuesday, March 29, 2011 Posted: 29 Mar 2011 06:09 PM PDT In contrast to yesterday's session stocks were able to reverse early losses and gain anywhere from 0.7% to 1.0%. Market breadth was good and investor participation picked up as stocks finished near session highs. As a result, we are raising the resistance levels on the DJIA, S&P 500, and Nasdaq Composite (see below). In addition, we are raising the support levels for the DJIA and Nasdaq Composite (see below). We are keeping the support level on the S&P 500 the same at 1,310. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Down During The Asian Session Posted: 29 Mar 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> GBP/JPY was trading at 132.03, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 130.14, Monday&rsquo;s low, and resistance at 132.21, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Down On Economic Data Posted: 29 Mar 2011 05:20 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.<br/><br/> USD/JPY was trading at 82.45, down 0.03% at time of writing.<br/><br/> The pair was likely to find support at 80.88, Friday&rsquo;s low, and resistance at 82.54, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary data showed that Industrial production in Japan rose unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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