DailyMarkets.com - QE3? Several Top Fed Officials Seem To Think That More Quantitative Easing Is Necessary

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• QE3? Several Top Fed Officials Seem To Think That More Quantitative Easing Is Necessary
• Mortgage Approvals And FICO Scores When Applying Jointly
• Crude Oil Focus Shifts To ISM And Bernanke, Gold Vulnerable On Risk Rebound
• 5 Steps To Managing Money In Current Markets
• Forex – EUR/JPY Hits 4-day High After EU Raises 2011 Growth Forecast
• Forex – USD/CHF Hits 3-day High As Market Sentiment Strengthens
• Euro Stocks Broadly Higher On Automakers; DAX Up 0.81%
• Euro Zone Unemployment Rate Drops Unexpectedly
• Euro Zone Flash CPI Rises In Line With Expectations In February
• Forex Trading: Eurozone CPI Flash Estimate & Unemployment Rate
• Forex – Dollar Mixed Vs. Rivals As Market Sentiment Improves
• U.K. Net Lending To Individuals Rises More-than-expected
• U.K. Manufacturing PMI Declines In Line With Expectations
• Forex – USD/JPY Hits 3-day High Amid Global Growth Optimism
• Euro Zone Manufacturing PMI Unchanged In Line With Expectations
• German Unemployment Change Declines More-than-expected
• Reserve Bank Of Australia Holds Rate At 4.75%
• Forex – GBP/USD Hits 13-month High, Downside Risks Remain
• Swiss SVME PMI Jumps More-than-expected In February
• Azerbaijan Central Bank Lifts Rate 200bps To 5.00%
• Forex – NZD/USD Down, Tracking Aussie Lower After RBA Holds Rate
• Peruvian Central Bank Hikes Reserve Requirements 25bps
• Forex – AUD/USD Erases Gains As RBA Holds On Interest Rate
• Asia Stocks Advance As Oil Prices Stabilize; Nikkei Jumps 1.22%
• Forex – Euro Up Vs. Dollar As Euro Zone Inflation Data Eyed
• U.K. Nationwide HPI Rises Unexpectedly In February
• Swiss GDP Grows Faster-than-expected In Q4
• Momentum Stock: Pharmaceutical Products Dev Ltd.
• Aggressive Growth Stock: Kadant Inc.
• Growth & Income Stock: Littelfuse, Inc.
• Bear Of The Day: Liberty Global (LBTYA)
• Bull Of The Day: Deckers Outdoor (DECK)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Up In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Down During The Asian Session
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• The U.S. Doesn’t Make Anything Any More? We Make Some Pretty Cool High-Tech Glass Products
• Sold BRD – $1.62 And RIC $5.54
• Forex – EUR/USD Down During The Asian Session
• Singapore Stock Market Update For Tuesday 01 March
• American FAIL
• Forex – EUR/JPY Up During Asian Trade
• Forex – AUD/USD Up On Economic Data
• Stock Market Summary For Monday, February 28, 2011

QE3? Several Top Fed Officials Seem To Think That More Quantitative Easing Is Necessary Posted: 01 Mar 2011 03:35 AM PST The end of QE2 is still several months away and yet quite a few top Federal Reserve officials are already hinting that more quantitative easing may be necessary.  Apparently the U.S. economy is not moving forward as rapidly as they would like.  So it looks like “QE3″ could be on the way.  But did anyone out there actually believe that quantitative easing would come to a complete stop in June?  Whether they call it “QE3″ or something else entirely, the reality of the matter is that we … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mortgage Approvals And FICO Scores When Applying Jointly Posted: 01 Mar 2011 03:20 AM PST FICO (FICO) scores for Jaime and Russell vary by 115 points.  What happens when they apply for a mortgage?  Do lenders use an average score? First I explain that each borrower has their own score.  Husband and wife do not have a joint score.  Plus each of the three major credit bureaus calculates a score for each individual.  That is a total of six scores per couple. What do lenders do with these scores?  One thing they do not do is average the six scores.  They will take … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Crude Oil Focus Shifts To ISM And Bernanke, Gold Vulnerable On Risk Rebound Posted: 01 Mar 2011 03:14 AM PST Commodities – Energy Crude Oil Looks Beyond Geopolitics to Focus on ISM, Bernanke Testimony Crude Oil (WTI) – $96.97 // $0.91 // 0.93% Commentary: Crude prices dipped on Monday, down 0.9 percent to yield the largest daily drawdown in two weeks. Traders were seemingly unfazed by the spread of protests into Oman over the weekend after Saudi Arabia pledged last week to step up output to offset any supply disruptions linked to turmoil in the region. Markets are now looking ahead to tomorrow's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

5 Steps To Managing Money In Current Markets Posted: 01 Mar 2011 03:01 AM PST On Tuesday oil climbed 9% on fear of geopolitical issues in Libya disrupting supply. Since, it has hit $100 per barrel as fear levels rise. The rational person is willing to wait and see what happens. Does oil stay at these levels, recede when 'normal' returns, or does it move even higher? The irrational or fearful person will react, maybe run out and buy a smart car to cut their consumption costs. Either way, the uncertainty being created by the rise in oil prices isn't good for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Hits 4-day High After EU Raises 2011 Growth Forecast Posted: 01 Mar 2011 03:00 AM PST Forex Pros – The euro rallied to a four-day high against the yen on Tuesday, after the European Commission said that the euro zone economy is likely to grow faster than previously expected in 2011, due to a stronger global economy. EUR/JPY hit 113.73 during European morning trade, the pair's highest since February 23; the pair subsequently consolidated at 113.62, gaining 0.64%. The pair was likely to find support at 112.86, the days low and resistance at 114.18, the high of February … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Hits 3-day High As Market Sentiment Strengthens Posted: 01 Mar 2011 02:27 AM PST Forex Pros – The Swiss franc slid to a 3-day low against the U.S. dollar on Tuesday, as risk appetite staged a recovery and markets rallied and despite better-than-expected Swiss fourth quarter growth data. USD/CHF hit 0.9322 during European morning trade, the pair's highest since last Thursday; the pair subsequently consolidated at 0.9300, gaining 0.16%. The pair was likely to find support at 0.9257, Monday's low and resistance at 0.9391, last Wednesday's high. Earlier Tuesday, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Stocks Broadly Higher On Automakers; DAX Up 0.81% Posted: 01 Mar 2011 02:20 AM PST Forex Pros – European stock markets were broadly higher on Tuesday, as automakers led markets higher, while U.S. futures indexes pointed to an upbeat open on Wall Street. During European morning trade, the EURO STOXX 50 climbed 0.58%, France's CAC 40 added 0.65%, while Germany’s DAX gained 0.81%. Shares in automakers performed strongly amid optimism over the global economic recovery. Europe's largest carmaker Volkswagen saw shares jump 2.05%, shares in rival BMW rallied 3.2%, while … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Unemployment Rate Drops Unexpectedly Posted: 01 Mar 2011 02:09 AM PST Forex Pros – The euro zone's unemployment rate declined unexpectedly in January, official data showed on Tuesday. In a report, Eurostat said that the euro zone's unemployment rate fell to a seasonally adjusted rate of 9.9% in January, down from 10.0% in December. Analysts had expected the euro zone's unemployment rate to hold steady at 10.0% in January. According to the data, the number of unemployed people in the euro zone was 23.04 million in January, of whom 15.77 million were in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Flash CPI Rises In Line With Expectations In February Posted: 01 Mar 2011 02:05 AM PST Forex Pros – Consumer price inflation in the euro zone rose broadly in line with expectations in February, preliminary data showed on Tuesday. In a report, Eurostat said consumer price inflation was expected to rise by a seasonally adjusted 2.4% in February, after rising by 2.3% in January. Analysts had expected euro zone CPI to rise by 2.4% in January. Following the release of the data, the euro was up against the U.S. dollar, with EUR/USD gaining 0.21% to hit 1.3836. Meanwhile, European … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone CPI Flash Estimate & Unemployment Rate Posted: 01 Mar 2011 02:01 AM PST Eurozone CPI Flash Estimate y/y came in at 2.4%, as expected. Unemployment Rate came in at 9.9% , better than the 10.0% expected. Eur/Usd trading just off highs at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed Vs. Rivals As Market Sentiment Improves Posted: 01 Mar 2011 01:51 AM PST Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as market sentiment improved and oil prices stabilized, dampening demand for safe haven assets such as the Swiss franc and the yen. During European morning trade, the greenback was down against the euro, with EUR/USD rising 0.19% to hit 1.3835. Earlier in the day, official data showed that the number of unemployed people in Germany declined significantly more-than-expected in February and the country's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Net Lending To Individuals Rises More-than-expected Posted: 01 Mar 2011 01:43 AM PST Forex Pros – Net lending to individuals in the U.K. rose significantly more-than-expected in January, official data showed on Tuesday. In a report, the Bank of England said net lending to individuals rose by GBP1.5 billion in January, up from GBP0.5 billion in December, whose figure was revised down from a decline of 0.1 billion. Analysts had expected net lending to rise by GBP0.3 billion in January. The report also showed that the number of final mortgage approvals rose more-than-expected … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Manufacturing PMI Declines In Line With Expectations Posted: 01 Mar 2011 01:36 AM PST Forex Pros – Manufacturing activity in the U.K. declined broadly in line with expectations in February, easing down from the previous month's record high, data showed on Tuesday. In a report, market research group Markit said that its U.K. manufacturing PMI fell in line with expectations to a seasonally adjusted 61.5 in February, after rising to a record high 62.0 in January. On the index, a reading above 50.0 indicates industry expansion, below indicates contraction. According to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Hits 3-day High Amid Global Growth Optimism Posted: 01 Mar 2011 01:28 AM PST Forex Pros – The yen fell to a three-day low against the U.S. dollar on Tuesday, after data from the U.S., China and Japan bolstered confidence in the global economic recovery. USD/JPY hit 82.23 during European morning trade, the pair's highest since last Thursday; the pair subsequently consolidated at 82.15, gaining 0.46%. The pair was likely to find support at 81.61, Monday's low and resistance at 82.51, Thursday's high. Earlier in the day, official data showed that Chinese and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Manufacturing PMI Unchanged In Line With Expectations Posted: 01 Mar 2011 01:08 AM PST Forex Pros – Manufacturing activity in the euro zone in February was unchanged from a preliminary estimate, confirming the pace of growth as the fastest since June 2000, industry data showed on Monday. In a report, market research group Markit said that its euro zone manufacturing PMI held steady in line with expectations at a seasonally adjusted 59.0 in February, unchanged from a preliminary reading.  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

German Unemployment Change Declines More-than-expected Posted: 01 Mar 2011 12:58 AM PST Forex Pros – The number of unemployed people in Germany declined significantly more-than-expected in February, official data showed on Tuesday. In a report, Germany’s Federal Statistics Office said the number of unemployed people declined by a seasonally adjusted 52K in February, after falling by 18K in January, whose figure was revised from a decline of 13K. Analysts had expected the number of unemployed people to decline by 13K in February. The report also showed that Germany's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Reserve Bank Of Australia Holds Rate At 4.75% Posted: 01 Mar 2011 12:41 AM PST The Reserve Bank of Australia held the cash rate unchanged at 4.75%, “judging that the current mildly restrictive stance of monetary policy remained appropriate in view of the general macroeconomic outlook”. The Bank noted in its monetary policy media release that “Inflation is consistent with the medium-term objective of monetary policy [inflation target of 2-3%], having declined significantly from its peak in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Hits 13-month High, Downside Risks Remain Posted: 01 Mar 2011 12:34 AM PST Forex Pros – The pound rose to a 13-month high against the U.S. dollar on Tuesday, boosted by month-end dollar selling and concerns that higher oil prices will weigh on U.S. economic growth, keeping interest rates low. GBP/USD hit 1.6326 during early European trade, the pair's highest since January 2, 2010; the pair subsequently consolidated at 1.6314, gaining 0.36%. Cable was likely to find support at 1.6255, the days low and resistance at 1.6456, the high of January 19, 2010. The pound … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss SVME PMI Jumps More-than-expected In February Posted: 01 Mar 2011 12:33 AM PST Forex Pros – Manufacturing activity in Switzerland rose significantly more-than-expected in February, industry data showed on Tuesday. In a report, the Swiss SVME purchasing managers’ association and Credit Suisse said that its purchasing managers' index rose to a seasonally adjusted 63.5 in February, up from 60.5 in January.  Analysts had expected the index to rise to 60.7 in February. On the index, a reading above 50.0 indicates expansion, below indicates contraction. Following … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Azerbaijan Central Bank Lifts Rate 200bps To 5.00% Posted: 01 Mar 2011 12:22 AM PST The Central Bank of the Republic of Azerbaijan increased its benchmark interest rate by 200 basis points to 5.00% from 3.00%. The Bank also increased reserve requirements 150 basis points to 2.00% from 0.50%. The moves were intended to head off rising inflation risks, as rising global commodity prices and further momentum in economic growth puts upward pressure on … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down, Tracking Aussie Lower After RBA Holds Rate Posted: 01 Mar 2011 12:09 AM PST Forex Pros – New Zealand's dollar slid to a two day low against its U.S. counterpart on Tuesday, tracking the Australian dollar lower, after the Reserve Bank of Australia left its key cash rate unchanged. NZD/USD hit 0.7494 during late Asian trade, the pair's lowest since Friday; the pair subsequently consolidated at 0.7506, shedding 0.21%. The pair was likely to find support at 0.7468, Friday's low and resistance at 0.7640, last Tuesday's high. Earlier in the day, New Zealand's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Peruvian Central Bank Hikes Reserve Requirements 25bps Posted: 01 Mar 2011 12:07 AM PST The Central Reserve Bank of Peru announced an increase to the required reserve ratio of 25 basis points. Peruvian banks’ average reserve requirement was 12.1 percent during the period 1-Feb-11 to 22-Feb-11, according to data from the Bank. The move is intended “to keep inflation expectations anchored within the 1 percent to 3 percent target range,” as the fast growing emerging market faces rising inflation … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Erases Gains As RBA Holds On Interest Rate Posted: 28 Feb 2011 11:54 PM PST Forex Pros – The Australian dollar erased gains against its U.S. counterpart on Tuesday, retreating from a two-month high, after the Reserve Bank of Australia left its key cash rate unchanged. AUD/USD retreated from 1.0202, the pair's highest since January 3, to hit 1.0164 during late Asian trade, shedding 0.19%. The pair was likely to find support at 1.0085, last Thursday's low and resistance at 1.0223, the high of January 3. The RBA held the overnight cash rate target at 4.75% in a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Advance As Oil Prices Stabilize; Nikkei Jumps 1.22% Posted: 28 Feb 2011 11:50 PM PST Forex Pros – Asian stock markets were broadly higher on Tuesday, as concerns over rising energy prices eased after oil prices stabilized, while Japanese exporters gained as the yen weakened. During late Asian trade, Hong Kong’s Hang Seng Index added 0.25%, Japan's Nikkei 225 Index jumped 1.22%, while South Korea’s Kospi Composite was closed for a public holiday. Shares in Japanese exporters advanced after the yen declined, boosting the outlook for export earnings. The world's largest … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Up Vs. Dollar As Euro Zone Inflation Data Eyed Posted: 28 Feb 2011 11:28 PM PST Forex Pros – The euro was up against the U.S. dollar on Tuesday, hovering close to a one-month high, ahead the release of closely watched euro zone inflation data due later in the day. EUR/USD hit 1.3831 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3809, easing up 0.03%. 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. The euro has found support recently amid … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Nationwide HPI Rises Unexpectedly In February Posted: 28 Feb 2011 11:26 PM PST Forex Pros – U.K. house prices rose unexpectedly in February, industry data showed on Tuesday. In a report, U.K. mortgage lender Nationwide said its house price index rose by a seasonally adjusted 0.3% in February, after falling by 0.1% in January. Analysts had expected the house price index to decline by 0.2% in February. The report showed that year-over-year, home prices in the U.K. fell by 0.1% in February, after tumbling by 1.1% in January. Analysts had expected year-on-year home … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Swiss GDP Grows Faster-than-expected In Q4 Posted: 28 Feb 2011 11:20 PM PST Forex Pros – Switzerland's economy grew at a faster pace than expected in the fourth quarter of 2010, official data showed on Tuesday. In a report, Switzerland's Federal Statistical Office said the country's gross domestic product increased by a seasonally adjusted 0.9% in the fourth quarter, compared to growth of 0.8% in the preceding quarter, whose figure was revised up from 0.7%. Analysts had expected Switzerland's gross domestic product to grow by 0.5% in the fourth … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Pharmaceutical Products Dev Ltd. Posted: 28 Feb 2011 11:05 PM PST Pharmaceutical Products Development Ltd. (NASDAQ:PPDI) recently hit a new multi-year high above $30 before reporting strong Q4 results in early February that came in ahead of expectations. With estimates on the rise and a bullish growth projection, this Zacks # 1 rank stock offers a twist of healthcare to the momentum faction. Company Description Pharmaceutical Product Development, Inc. operates as a pharmaceutical research services company worldwide. The company was founded in 1985 and has a market … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Kadant Inc. Posted: 28 Feb 2011 11:05 PM PST Kadant Inc. (NYSE:KAI) easily topped expectations in its most recent quarterly report. The period ended a great year for the company and things should continue to improve in 2011. Shares jumped on the earnings news, but the valuations still point to a discount for this Zacks #1 Rank (Strong Buy). Company Description Kadant is a supplier to the pulp and paper industry. The company’s products are also used in the steel, rubber, food and other industries. Extraordinary Rebound On Feb 23 the company … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Littelfuse, Inc. Posted: 28 Feb 2011 11:05 PM PST Littelfuse, Inc. (NASDAQ:LFUS) has a lot going for it lately. The company recently delivered its third consecutive positive earnings surprise driven by strong sales growth across each business segment and geographical region. Analysts also raised their estimates following the solid quarter, a trend the company has seen for several months now. As business improves, Littelfuse has also been returning value to shareholders through stock buy backs and the initiation of a dividend. To top it off, shares … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Liberty Global (LBTYA) Posted: 28 Feb 2011 11:05 PM PST We downgrade our recommendation for Liberty Global Inc. (NASDAQ:LBTYA) to Underperform based on its current valuation, which has moved up by nearly 88% in the last year. The stock is currently trading at a significantly higher multiple with respect to several valuation metrics, compared with the S&P 500 average and the industry average. The fourth quarter 2010 net earnings of Liberty Global fell below the Zacks Consensus Estimate although revenue beat by a slender edge. Significant increases in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Deckers Outdoor (DECK) Posted: 28 Feb 2011 11:05 PM PST Deckers Outdoor Corp.’s (NASDAQ:DECK) sustained focus on new product introductions and geographic expansion has helped achieved robust growth. The company delivered better-than-expected fourth-quarter 2010 results on the heels of strong demand for the product lines under the UGG and Teva brands. The international markets provide a significant growth opportunity, and we remain optimistic about the company’s incremental sales and earnings potential. Riding on the back of robust results, Deckers … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Up During The Asian Session Posted: 28 Feb 2011 10:20 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3815, up 0.06% at time of writing. The pair was likely to find support at 1.3705, Thursday's low, and resistance at 1.3855, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.04% to hit 0.8489 and EUR/JPY rising 0.57% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up In Asian Trade Posted: 28 Feb 2011 09:50 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Tuesday. GBP/USD was trading at 1.6262, up 0.03% at time of writing. The pair was likely to find support at 1.6032, Friday's low, and resistance at 1.6298, today's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8490 and GBP/JPY rising 0.53% 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: 28 Feb 2011 09:20 PM PST Forex Pros – The Euro was higher against the Swiss Franc on Tuesday. EUR/CHF was trading at 1.2866, up 0.34% at time of writing. The pair was likely to find support at 1.2707, Thursday's low, and resistance at 1.2877, today's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.001% to hit 1.3807 and EUR/JPY rising 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During Asian Trade Posted: 28 Feb 2011 08:50 PM PST Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Tuesday. USD/CHF was trading at 0.9320, up 0.34% at time of writing. The pair was likely to find support at 0.9234, Thursday's low, and resistance at 0.9325, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.3811 and USD/JPY rising 0.45% 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: 28 Feb 2011 08:20 PM PST Forex Pros – The Euro was lower against the British Pound on Tuesday. EUR/GBP was trading at 0.8490, down 0.02% at time of writing. The pair was likely to find support at 0.8470, Thursday's low, and resistance at 0.8593, Friday's high. Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.04% to hit 1.3812 and EUR/JPY rising 0.50% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up During Asian Trade Posted: 28 Feb 2011 07:40 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of Japanese data on Unemployment Rate. USD/JPY was trading at 82.03, up 0.30% at time of writing. The pair was likely to find support at 81.62, Monday's low, and resistance at 82.46, Thursday's high. Earlier in the day, official data showed that Japan's unemployment rate remained unchanged at a seasonally adjusted 4.90% last month from 4.90% in the preceding month. Analysts had expected the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down In Asian Trading Hours Posted: 28 Feb 2011 07:10 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday. USD/CAD was trading at 0.9712, down 0.05% at time of writing. The pair was likely to find support at 0.9706, today's low, and resistance at 0.9902, Thursday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.04% to hit 1.3812 and GBP/USD rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Down During Asian Trade Posted: 28 Feb 2011 06:31 PM PST Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of Australian data on Retail Sales. AUD/USD was trading at 1.0182, down 0.04% at time of writing. The pair was likely to find support at 1.0003, Thursday's low, and resistance at 1.0202, today's high. Earlier in the day, official data showed that Retail sales in Australia rose more-than-expected to a seasonally adjusted 0.40% last month from 0.20% in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The U.S. Doesn’t Make Anything Any More? We Make Some Pretty Cool High-Tech Glass Products Posted: 28 Feb 2011 06:30 PM PST This video is a great example of a high-tech, 21st century U.S. manufacturing company, competing globally in the 21st Century from Midland, Midland – glass-maker Dow Corning, with production facilities in Michigan (6), Alabama, Indiana, Kentucky, Ohio, North Carolina and Tennessee.  HT: Mike … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sold BRD – $1.62 And RIC $5.54 Posted: 28 Feb 2011 06:24 PM PST I sold a couple of positions today.  This first daily chart is of Brigus Gold Corp (BRD) which I sold today at $1.62 for a quick 5.9% gain. Click on any chart to ENLARGE My other sale today was of a position I have had for some time in Richmont Mines (RIC) for $5.54. My TSI Trading record has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 28 Feb 2011 06:05 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday. EUR/USD was trading at 1.3805, down 0.01% at time of writing. The pair was likely to find support at 1.3705, Thursday's low, and resistance at 1.3855, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8485 and EUR/JPY rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Tuesday 01 March Posted: 28 Feb 2011 05:54 PM PST Morning Highlights There Are No Quick Picks For Today! Singapore market rise on overnight Wall Street's gains. STI up 17.16 points to open at 3027.67. Japan will be release Household Spending (YoY) and Jobless Rate. South Korea Market is closed for Holiday News Updates: Pending U.S. home sales eased in January for the second consecutive month; dropped 2.8%, putting the Pending Home Sales Index at 88.9. China  February Official PMI fell to 52.2 Corporate … [visit site to read more] or compare Best Credit Cards and Best CD Rates

American FAIL Posted: 28 Feb 2011 05:38 PM PST Here are six charts from USA Inc., a comprehensive (and absorbing) new report by former Morgan Stanley analyst and current Kleiner Perkins Caufield & Byers partner Mary Meeker that looks at the U.S. federal government (and its financials) as if it were a business, which seem to say one … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up During Asian Trade Posted: 28 Feb 2011 05:35 PM PST Forex Pros – The Euro was higher against the Japanese Yen on Tuesday after the release of Japanese data on Unemployment Rate. EUR/JPY was trading at 113.16, up 0.23% at time of writing. The pair was likely to find support at 111.97, Monday's low, and resistance at 113.46, Friday's high. Earlier in the day, official data showed that Japan's unemployment rate remained unchanged at a seasonally adjusted 4.90% last month from 4.90% in the preceding month. Analysts had expected the rate of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up On Economic Data Posted: 28 Feb 2011 05:15 PM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of Australian data on Retail Sales. AUD/USD was trading at 1.0189, up 0.03% at time of writing. The pair was likely to find support at 1.0003, Thursday's low, and resistance at 1.0202, today's high. Earlier in the day, official data showed that Retail sales in Australia rose more-than-expected to a seasonally adjusted 0.40% last month from 0.20% in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Summary For Monday, February 28, 2011 Posted: 28 Feb 2011 04:29 PM PST For the second session in a row stocks advanced with the DJIA and S&P 500 gains broader than the Nasdaq Composite. In fact, the Nasdaq Composite reversed most of its early gains to finish basically flat. Investor participation has picked up over the last few sessions and market breadth was good today. However, defensive sectors such as health care and utilties lead the way today while technology lagged.  We are raising the support/resistance levels on the DJIA (see below). For the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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