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• Is Delta SkyMiles Credit Card Worth Getting?
• Time To Trade Stocks And Silver For Gold?
• US Stock Market: A Picture Is Worth A Thousand Words
• Yen Confusion: A Teaching Moment
• Philadelphia Fed Manufacturing Index Soars To 27-year High
• Earnings Scorecard: Zumiez
• NVO’s Victoza Approved In China
• CONSOL Energy Lifted To Neutral
• St. Jude Achieves Key Milestone
• Stock Market News Briefs: Apple, BB&T, Hercules Offshore, International Business Machines, Liberty Global, Marathon Oil, Morton’s Restaurant Group, Weatherford International
• Forex – Dollar Broadly Lower As Japan Reactor Crisis In Focus
• Forex Trading: USDJPY Tests 100 And 200 Bar MA On Intraday Chart
• Swiss Franc: Under Pressure
• Japanese Yen: Under Pressure
• British Pound: Under Pressure
• Euro: Under Pressure
• U.S. Industrial Production Falls Unexpectedly In February
• Yen Hits Record High, Fueling Talk Of Intervention, The Road Ahead For BoJ
• ¥76.36
• GS Buys Indian Asset Management Co.
• HON Wins Conservation Contract
• RadioShack Still Underperforms
• U.S. Futures Higher, FedEx Gains; Dow Futures Jump 1.05%
• Before The Bell
• Forex Trading: GBPUSD Consolidates Trades Between Support And Resistance
• USD/JPY Has Another Tail To Chew Through To The 76.20 All Time-Low
• Forex – Pound Advances To 2-day High Against Soft Dollar
• Forex Trading: EURUSD Moves Toward Support At 1.4000 Area
• U.S. Core CPI Rises More-than-expected In February
• U.S. Initial Jobless Claims Fall More-than-expected
• FX Headlines: Looking For Stability, Markets Eye G-7 Meetings
• EUR/USD Is A Bullish Breakout Targets 1.41, 1.4280
• News Corp. Exploring Prospects
• The Same All Over Again? Q1 2008 Vs. Q2 2011
• USD/CHF Kisses 0.8860 As SNB Holds Rates; Triangle Breakout Target Of 0.88
• Forex – Euro Hits 4-month High Against Broadly Weaker Dollar
• Forex – USD/CHF Trading At Record Lows As Japan Crisis In Focus
• European Stocks Advance As G7 Plan To Meet; DAX Gains 0.55%

Is Delta SkyMiles Credit Card Worth Getting? Posted: 17 Mar 2011 07:35 AM PDT Delta SkyMiles is one of the friendlier frequent flyer programs in the U.S., and is set to become even more popular. The reason being that early 2011, Delta Air Lines (NYSE:DAL) announced that their SkyMiles never, ever expire – even if you don’t chalk up any mileage for an indefinite period (unheard of with major airline mile perks)! If you are wondering whether it’s time for you to get a Delta SkyMiles credit card, and which one of the 3 Delta credit cards you should get, you’ve come to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Time To Trade Stocks And Silver For Gold? Posted: 17 Mar 2011 07:30 AM PDT Market professionals and experienced investors consider it to be common knowledge that silver has more real-world uses than its precious metal sister gold. Silver is used in coins, photography, batteries, bearings, electronics, and mirrors. Silver also aids in numerous medical applications and even contributes to helping capture and use solar energy. The Silver Institute describes "silver uses" as follows: Demand for silver is built on three main pillars: industrial and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

US Stock Market: A Picture Is Worth A Thousand Words Posted: 17 Mar 2011 07:15 AM PDT The old saying, "a picture is worth a thousand words" has certainly been true over the last few days as we have looked at the aftermath of the earthquake and tsunami in Japan. I have experienced first hand the destruction of hurricanes living in Florida, but the pictures from Japan are turely unbelievable. We can only hope the and pray the rebuilding process will unify the people and mend the lives of those impacted by the devistation. Today I want to look at some charts and let … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Yen Confusion: A Teaching Moment Posted: 17 Mar 2011 07:14 AM PDT When I joined the Richmond Fed in 1968 as an international economist, it took 360 yen to purchase 1 dollar. Yesterday, it took fewer than 80. I can't explain why the immediate reaction of the Japanese tragedy, which will cripple its economy for some time to come and will likely curb Japanese exports more than imports for some time to come, would be a stronger yen. The knee-jerk explanation that the Japanese were repatriating money held offshore to Japan for reconstruction didn't sound … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Philadelphia Fed Manufacturing Index Soars To 27-year High Posted: 17 Mar 2011 07:06 AM PDT Forex Pros – Manufacturing activity in Philadelphia soared unexpectedly in March, rising to the highest level since January 1984, official data showed on Thursday. In a report, the Federal Reserve Bank of Philadelphia said that its manufacturing index advanced to 43.4 in March, compared to a reading of 35.9 in February. Analysts had expected the index to decline to 29.9 in March. On the index, a reading above 0.0 indicates improving conditions, below indicates worsening … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earnings Scorecard: Zumiez Posted: 17 Mar 2011 07:05 AM PDT Earlier this month, specialty retailer Zumiez Inc. (NASDAQ:ZUMZ) announced its financial results for the fourth-quarter and year-end 2010. Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts' estimate revisions as well as the Zacks Rank and long-term recommendation for the stock. Earnings Review Net sales in the reported quarter increased 17.9% year over year to $156.2 million from $132.4 million a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NVO’s Victoza Approved In China Posted: 17 Mar 2011 06:55 AM PDT Novo Nordisk (NYSE:NVO) recently announced approval of its leading glucagon-like peptide-1 (GLP-1) receptor agonist Victoza, in China, for the treatment of adults suffering from type II diabetes. The drug is expected to be launched in China in the second half of 2011. Victoza, which was introduced in early 2010, is already marketed in the US, EU and Japan. It has been generating strong revenues since launch and is expected to be the key growth driver for Novo Nordisk, going forward. The approval … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CONSOL Energy Lifted To Neutral Posted: 17 Mar 2011 06:36 AM PDT We have upgraded our rating on the diversified fuel producer CONSOL Energy Inc. (NYSE:CNX) to Neutral from Underperform. The upgrade takes into consideration the strong production outlook and consistent reserve replacements of the company. The headwinds for CONSOL Energy are its concentration of operation in Northern Appalachia, dependence on a limited group of customers who purchase coal in bulk amounts and the likely formulation of stricter safety legislations and rigid penalties for underground … [visit site to read more] or compare Best Credit Cards and Best CD Rates

St. Jude Achieves Key Milestone Posted: 17 Mar 2011 06:36 AM PDT St. Jude Medical (NYSE:STJ) recently announced that over two million patients have been treated with its mechanical heart valve technology. This landmark achievement is a reminder of the company's contribution to cardiac surgery. St. Jude Medical has, for over 30 years, offered recipients top-class performance from its mechanical heart valves. While counting over 2 million heart valve beneficiaries, the company shares this important milestone and moment with medical practitioners and hospitals … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market News Briefs: Apple, BB&T, Hercules Offshore, International Business Machines, Liberty Global, Marathon Oil, Morton’s Restaurant Group, Weatherford International Posted: 17 Mar 2011 06:36 AM PDT  Weatherford International (NYSE:WFT) shares dropped 2.79% to close at $19.88 after the company said disruptions in the Middle East and North Africa along with weather-related issues have forced it to cut Q1 earnings projections  Deutsche Bank upgraded BB&T Corporation (NYSE:BBT) from "Hold" to "Buy" rating with a target price of $31  Brokerage firm Robert W. Baird upgraded Kodiak Oil & Gas Corp (AMEX:KOG) from "Neutral" to "Outperform" rating with a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Broadly Lower As Japan Reactor Crisis In Focus Posted: 17 Mar 2011 06:34 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major rivals on Thursday, demand for safe havens such as the yen and the Swiss franc amid the unfolding nuclear crisis in Japan weighed heavily on the greenback During European afternoon trade, the greenback was trading close to record lows against both the yen and the Swiss franc, with USD/JPY tumbling 1.13% to hit 78.68 and USD/CHF shedding 0.89% to hit 0.8998. The yen's steep rise prompted speculation that the Japanese … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USDJPY Tests 100 And 200 Bar MA On Intraday Chart Posted: 17 Mar 2011 06:22 AM PDT The 100 and 200 bar MA and channel trendline resistance provides a level to sell against intraday. A move below the 38.2% retracement of the move higher today and the bottom channel support at the 0.7806 are downside support targets if the price can remain below the key upside resistance. A move above the resistance area is likely to lead to further buying interest for the pair. The USDJPY is still a risky currency pair to play. There is a G7 conference call where they may discuss the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss Franc: Under Pressure Posted: 17 Mar 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Japanese Yen: Under Pressure Posted: 17 Mar 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

British Pound: Under Pressure Posted: 17 Mar 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro: Under Pressure Posted: 17 Mar 2011 06:19 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Industrial Production Falls Unexpectedly In February Posted: 17 Mar 2011 06:19 AM PDT Forex Pros – Industrial production in the U.S. fell unexpectedly in February, dropping for the second consecutive month, official data showed on Thursday. In a report, the U.S. Federal Reserve said that industrial production declined by 0.1% in February, after rising by 0.3% in January, whose figure was revised up from a decline of -0.1%. Analysts had expected industrial production to rise by 0.6% in February. The report also showed that the capacity utilization rate rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Yen Hits Record High, Fueling Talk Of Intervention, The Road Ahead For BoJ Posted: 17 Mar 2011 06:12 AM PDT The Yen strengthened to a record high against the USD, with the USD/JPY pair reaching the 76.20 area before the pair recouped some of its losses. The plunge from the 79.60 area, right at around the time the US markets was closing and in pre-Asia trading, amounted to 320 pips, a bigger fall than we aw the previous 3 sessions this week. After testing those lows, the pair rebounded back to that 79.60, as the market expected that Japanese officials would step in to intervene and keep the currency … [visit site to read more] or compare Best Credit Cards and Best CD Rates

¥76.36 Posted: 17 Mar 2011 06:11 AM PDT In the eyes of a currency speculator two days forward represents light-years ahead in the time continuum. With Japan confirming that a G7 conference call would be held 48 hours later on Friday the green light suddenly sparked a wall of dollar sales in exchange for yen. The Japanese unit went on to rally by 4.5% in the short space of less than half-an-hour as short positions were squeezed out of the market. The yen’s ascent to JPY76.36 marks a post WWII record high. It appears that there is some … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GS Buys Indian Asset Management Co. Posted: 17 Mar 2011 06:10 AM PDT On Wednesday, the asset-management unit of Goldman Sachs Group Inc. (NYSE:GS) has agreed to acquire India’s Benchmark Asset Management Co. (BAM), a big provider of exchange-traded funds (ETFs). The acquisition is meant for expansion in Asia’s third-largest economy and it follows GS's strategic asset-management partnership in South Korea. On Tuesday, GS commented it would establish a partnership with Tong Yang Securities Inc. in South Korea. The contract will facilitate the two firms in providing … [visit site to read more] or compare Best Credit Cards and Best CD Rates

HON Wins Conservation Contract Posted: 17 Mar 2011 06:06 AM PDT Honeywell International Inc. (NYSE:HON) received its fifth major energy-conservation contract, valued at $213 million, from the U.S. General Services Administration (GSA) at the White Oak campus. As per the deal, Honeywell will aid in the ongoing development of utilities and energy infrastructure facilities of the Food and Drug Administration (FDA) headquarters, the White Oak Federal Research Center in Silver Spring, Md. The period of the current deal is 20 years. It is one of the biggest awards … [visit site to read more] or compare Best Credit Cards and Best CD Rates

RadioShack Still Underperforms Posted: 17 Mar 2011 06:06 AM PDT We reiterate our Underperform recommendation on RadioShack Corp. (NYSE:RSH) based on our view that the company's performance may suffer in 2011 due to several reasons. Fourth quarter of 2010 net income fell below the Zacks Consensus Estimate. Transition of Kiosks businesses from Sam's Club to Target Corp. (NYSE:TGT) stores will result in huge loss of operating profits.  Management declared that pressure on gross margin will continue in the near-future since the company is revamping its core … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Futures Higher, FedEx Gains; Dow Futures Jump 1.05% Posted: 17 Mar 2011 06:05 AM PDT Forex Pros – U.S. stock futures pointed to a broadly higher open on Thursday, as market sentiment was boosted by upbeat earnings from Federal Express and after the Group of Seven nations said they would hold talks on Friday.   Dow Jones Industrial Average futures indicated a gain of 1.05%, the S&P 500 futures pointed to an increase of 1.35%, while Nasdaq 100 futures implied a gain of 1.25%. Earlier in the day, French Finance Minister Christine Legarde said leaders from the G7 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Before The Bell Posted: 17 Mar 2011 06:00 AM PDT 03/17/11 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

Forex Trading: GBPUSD Consolidates Trades Between Support And Resistance Posted: 17 Mar 2011 05:58 AM PDT The GBPUSD has quieted down over the last few hours after a sharp rally off the triple bottom are at 1.5976. The pair is trading below trendline resistance at 1.6158 but above the 200 hour MA at the 1.6119 level.  The market seems to be pausing for the next directional clue. Stocks are expected to open higher with the S&P futures up around 19 points and Dow Futures up around … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Has Another Tail To Chew Through To The 76.20 All Time-Low Posted: 17 Mar 2011 05:51 AM PDT A Look at the Current Japanese Yen Strength (3/16 Video) USD/JPY - This looks like a Japanese Finance Ministry's intervention that caused the tail we see in the 4H chart after the market broke below 80 and created an all-time low at 76.20. - Market forces might be too strong and this tail we see can be "chewed" like the USD/JPY has done again and again, Japanese intervention in 2010, the "flash crash", 1st shock of repatriation, and now another Japanese intervention. These events … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Pound Advances To 2-day High Against Soft Dollar Posted: 17 Mar 2011 05:44 AM PDT Forex Pros – The pound climbed to a two day high against the broadly weaker U.S. dollar on Thursday, as the escalating nuclear crisis in Japan saw investors flock to safe haven assets, weighing heavily on the greenback. GBP/USD hit 1.6170 during European early afternoon trade, the pair's highest since Tuesday; the pair subsequently consolidated at 1.6146, gaining 0.76%. Cable was likely to find support at 1.5981, the day's low and short-term resistance at 1.6212, the high of March … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: EURUSD Moves Toward Support At 1.4000 Area Posted: 17 Mar 2011 05:40 AM PDT The EURUSD has dipped to the 1.4000 level which was the ceiling resistance on March 15th and March 16th.   The market will be looking at the level for support. If the price should break below the level, the next target is the 38.2% of the move up from the lows yesterday and today. That level comes in at 1.3881.   The 100 bar MA on the 5 minute chart comes in at the 1.3941. If support holds, it should worry shorts in the market with the 1.4030 price level the upside target … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Core CPI Rises More-than-expected In February Posted: 17 Mar 2011 05:39 AM PDT Forex Pros – Core consumer price inflation in the U.S. rose more-than-expected in February, official data showed on Thursday. In a report, the Bureau of Labor Statistics said that consumer prices, less food and energy rose by 0.2% in February, after rising by 0.2% in January. Analysts had expected core CPI to rise by 0.1% in February. The report said that consumer prices including food and energy costs rose more-than-expected in February, increasing by a seasonally adjusted 0.4%, after … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Initial Jobless Claims Fall More-than-expected Posted: 17 Mar 2011 05:35 AM PDT Forex Pros – The number of people who filed for unemployment assistance in the U.S. last week fell more-than-expected, official data showed on Thursday. In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending March 12 fell to a seasonally adjusted 385K, down from 401K in the preceding week, whose figure was revised up from 397K. Analysts had expected initial jobless claims to fall to 387K. The report showed that … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FX Headlines: Looking For Stability, Markets Eye G-7 Meetings Posted: 17 Mar 2011 05:30 AM PDT Fundamental Headlines • Japan Renews Nuclear Efforts as U.S. Sounds Alarm – WSJ • Inflation Keeps Edging Up; Jobless Claims Take Dip – CNBC • Bernanke in Testimony Can Show Paul How QE2 Works – Bloomberg • Yen Eases Amid Talk of Tokyo Intervention – Financial Times • U.S. Offers Backing for Libya No-Fly Zone – Financial Times USDCAD: The USD/CAD pair pared back some of its gains in recent days, as after a broad based carry trade sell off early in the Asian session yesterday … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Is A Bullish Breakout Targets 1.41, 1.4280 Posted: 17 Mar 2011 05:26 AM PDT EUR/USD Remains in Congestion with 1.41 Swing Projection (3/16) EUR/USD - The EUR/USD broke out of a triangle seen in the intra-day charts. The 1H chart shows the market respecting the 1.4035 high from 3/7. The market did crack this level but has yet to close above in the 1H or 4H chart. - A strong break to the upside should see a near-term target in the 1.41-1.4140 zone. Swing projections in the 1H chart targets this area. - The 4H chart and the daily chart show some projections in larger … [visit site to read more] or compare Best Credit Cards and Best CD Rates

News Corp. Exploring Prospects Posted: 17 Mar 2011 05:25 AM PDT Citing the name of Jonathan Miller, head of News Corp.'s digital media group, Bloomberg reported that News Corp. (NWSA), a diversified global media company, has started exploring the future prospects of MySpace, its social networking site. The news followed after the site tumbled badly despite of its early success and lagged behind its competitor Facebook Inc. with respect to clients. Earlier, the social networking site lowered its headcount by 47.0%, or approximately 500 staff, in its … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Same All Over Again? Q1 2008 Vs. Q2 2011 Posted: 17 Mar 2011 05:01 AM PDT I have been saying for some time now that our current situation is very similar to Q1 of 2008.  I’ll get to that in a minute but first a quick look at the price action of the US Dollar in the last hour or so.  Click on the chart to ENLARGE  This is a daily chart of the US Dollar continuous contract.  The current daily cycle began with a low of 76.12 which was taken out to the downside after the market closed yesterday, Wednesday.  In the mean time, this price … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/CHF Kisses 0.8860 As SNB Holds Rates; Triangle Breakout Target Of 0.88 Posted: 17 Mar 2011 05:00 AM PDT USD/CHF – Wedge Breakout, All Time Low; 0.89 Target (3/16) USD/CHF - The Swiss National Bank held rates steady, and the USD/CHF dipped below our target of 0.89 to 0.8860 before the market rejected the decline and brought the pair back to the 0.90 level. - The market can be seen in the triangle in the 1H chart. - A break below the triangle has a conservative wave projection to 0.8800 in the very short-term. - A look at the daily chart shows that the current decline can extend to the 0.86 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Hits 4-month High Against Broadly Weaker Dollar Posted: 17 Mar 2011 04:06 AM PDT Forex Pros – The euro surged to a four-month high against the broadly weaker U.S. dollar on Thursday, after Spain successfully auctioned the maximum amount of bonds planned in the first euro zone debt auction since an agreement to enlarge the regions bailout fund. EUR/USD hit 1.4053 during European morning trade, the pair's highest since November 8; the pair subsequently consolidated at 1.4023, surging 0.87%. The pair was likely to find support at 1.3854, the low of March 15 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Trading At Record Lows As Japan Crisis In Focus Posted: 17 Mar 2011 03:50 AM PDT Forex Pros – The U.S. dollar was trading at record low levels against the Swiss franc on Thursday, as Japanese authorities continued efforts to avert catastrophe at a stricken nuclear plant, while the U.S. said it was sending aircraft to help Americans leave the country. USD/CHF hit 0.8895 on Thursday, the pair's all-time low, the pair subsequently consolidated at 0.8995, tumbling 0.92%. The pair was likely to find short-term support at 0.8850 and resistance at 0.9197, Wednesday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Advance As G7 Plan To Meet; DAX Gains 0.55% Posted: 17 Mar 2011 03:39 AM PDT Forex Pros – European stock markets were broadly higher on Thursday, after the Group of Seven nations said they would hold talks on ways to calm global markets amid the deepening Japanese nuclear crisis, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50 climbed 0.73%, France's CAC 40 gained 0.85%, while Germany’s DAX 30 was up 0.55%. Earlier in the day, French Finance Minister Christine Lagarde said that finance ministers … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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