DailyMarkets.com - Sheeple: Government Handouts = 35 Percent Of U.S. Wages, But For Michael Moore, That Is Not Nearly Enough
DailyMarkets.com - Sheeple: Government Handouts = 35 Percent Of U.S. Wages, But For Michael Moore, That Is Not Nearly Enough |
- Sheeple: Government Handouts = 35 Percent Of U.S. Wages, But For Michael Moore, That Is Not Nearly Enough
- Earnings Preview: Smithfield Foods
- Suntech Powered By High Profits
- Hot Option Plays: Longs & Shorts Draw Battle Lines
- Forex – EUR/USD Up In U.S. Trading Hours
- TI Outlook Narrows
- Target Date For Bristol Drug
- Forex Trading: USDJPY Has Resistance Against 82.87 And Support At 82.54
- Federal Property Up For Sale?
- NCI Building Delivers Mixed 1Q
- Einstein Noah A Penny Ahead
- Underwater Mortgage Crisis Lingers
- Forex – AUD/USD Up In U.S. Trade
- Greece’s Unemployment Rate Jumps To 14.8%
- Will The U.S. Ever Become A Net Exporter Of Natural Gas? (Guest Post)
- CE Mark To Boost BSX’s Stent Market
- CRL For Salix Drug
- Employment Trends Index Gains For 5th Month
- Forex – NZD/USD Down During The U.S. Session
- European Markets Close Lower; Dax Down 0.46%
- PPL Unit Aiming For Reliability
- Duke Realty Leases To Keystone
- Dynegy Does Not Look Dismal
- SPY All Tucked In A Tight Gann Angle Corridor, If It Breaks, Ouch!
- Staples Boosts Dividend
- Comps Slowing At McDonald’s
- Comps Slowing At McDonald’s
- Risk Appetite Returns
- Forex – EUR/USD Up At The End Of European Session
- Stories Behind USD/JPY: Risks And Opportunities
- Why Gov’t. Unions Thrive: Taxpayers Provide Lunch
- Kazakhstan Central Bank Raises Rate 50bps To 7.50%
- Most Attractive Commodities Are Benefiting From QE2
- GBP/JPY’s Short-term Elliott Wave Count Adjustment
- Yields Ease As Crude Oil Prices Trip-up Equity Bulls
- Is Sprint Finally Buying T-Mobile?
- Hitachi Global Joins WDC
- General Dynamics Books Command Deal
- Topamax Linked With Birth Defects
- Ferrellgas Buys More Propane Assets
- Hyatt In Expansion Mode
- Australian Dollar: The Downside Prevails
- Canadian Dollar: The Downside Prevails
- Stalking NZD/USD In A Flag Pattern; Swing Projection Targets 0.7285
- Forex Trading: GBPUSD Tests 100 And 200 Hour MA And Comes Off. More Proof Needed
- Forex – Dollar Down Across The Board As Oil, Yields Weigh
- Forex – GBP/USD Close To 2-day High, As U.K. Trade Data Supports
- Forex – EUR/USD Holds Gains After Portugal Debt Auction
- Word From The Floor: Oil Prices Edge Higher
- Crude Remains Above $105
- Forex Trading: EURUSD Back Higher Above The 1.3908
- (ALI) To Get Up From A Punch?
- Range Resources Encouraged By Production Boost At Russell Bevly Well In Texas
- Hill Amp; Smith Eyes US Nuclear Power Market With TPG Acquisition
| Posted: 09 Mar 2011 11:56 AM PST The ratio of government handouts to wages and salaries in the United States is now at an all-time high. According to TrimTabs Investment Research, government handouts have reached a level that is equivalent to 35 percent of all wages and salaries in the United States. Considering the fact that this figure was only 21 percent back in the year 2000 and only 10 percent back in 1960 that is very frightening. The sad truth is that today the American people are more dependent on direct … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Earnings Preview: Smithfield Foods Posted: 09 Mar 2011 11:35 AM PST Smithfield Foods Inc. (NYSE:SFD) is scheduled to report its third-quarter 2011 financial results on Thursday, March 10, 2011. Currently, the Zacks Consensus Estimate for earnings is 66 cents per share, and revenue is expected to be $3,168 million for the quarter to be reported.
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| Suntech Powered By High Profits Posted: 09 Mar 2011 11:25 AM PST Suntech Power Holdings Company Ltd. (NYSE:STP) posted fourth quarter adjusted earnings of 32 cents per American Depositary Share (ADS), surpassing both the Zacks Consensus Estimate of 30 cents and year-ago adjusted earnings of 27 cents.
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| Hot Option Plays: Longs & Shorts Draw Battle Lines Posted: 09 Mar 2011 11:18 AM PST Cusick's Corner
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| Forex – EUR/USD Up In U.S. Trading Hours Posted: 09 Mar 2011 11:15 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3909, up 0.03% at time of writing. The pair was likely to find support at 1.3856, today's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.22% to hit 0.8585 and EUR/JPY rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Mar 2011 11:05 AM PST There was not much out of the ordinary in Texas Instruments' (TXN, or "TI") mid-quarter update. The company narrowed its guidance (as it usually does) to Rev/EPS of $3.34-$3.48 billion/$0.56-$0.60 from $3.27-$3.55 billion/$0.54-$0.62 and stated that end market trends were tracking in line with normal seasonality.
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| Posted: 09 Mar 2011 11:05 AM PST Recently, Bristol-Myers Squibb Company (NYSE:BMY) announced that the US Food and Drug Administration (FDA) has accepted the new drug application (NDA) for its diabetes candidate dapagliflozin.
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| Forex Trading: USDJPY Has Resistance Against 82.87 And Support At 82.54 Posted: 09 Mar 2011 10:41 AM PST As per the report from earlier today, the USDJPY has resistance against 82.87 and support at 82.54 to 82.60. The range is narrow but seems well defined. The 82.87 level was the level where the Bank of Japan intervened back on September 15th 2010. The level was breached briefly this morning but has held topside resistance since then. ON the downside, the 82.54 is the 38.2% of the move up from the low reached yesterday (see chart). The 82.60 level was low support from yesterday afternoon and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Mar 2011 10:35 AM PST Yes, in an effort to alleviate the huge debt burden, President Barack Obama is mulling to sell more than 14,000 unnecessary federal constructions. According to an administrative official, Obama wants to create an independent panel that will review and recommend how the federal government can sell off its superfluous real estate or consolidate thousands of not-so-used constructions to save billions in taxpayer funds, the Associated Press reported last week.
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| NCI Building Delivers Mixed 1Q Posted: 09 Mar 2011 10:35 AM PST NCI Building Systems Inc.'s (NYSE:NCS) adjusted loss for the first quarter of fiscal 2011 remained unchanged compared with the year-ago level of 99 cents per share. But the loss exceeded the Zacks Consensus Estimate of a loss of 92 cents.
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| Posted: 09 Mar 2011 10:35 AM PST Lakewood, Colorado-based Einstein Noah Restaurant Group, Inc. (NASDAQ:BAGL) recently reported fourth quarter 2011 adjusted earnings of 26 cents, which surpassed the Zacks Consensus Estimate by a penny.
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| Underwater Mortgage Crisis Lingers Posted: 09 Mar 2011 10:35 AM PST On Tuesday, data released by CoreLogic Inc. (CLGX), a leading provider of information, analytics and business services, stated that nearly 23.1% or 11.1 million of all U.S. residential mortgage properties were underwater in the October-December quarter. The fourth quarter figures stood even higher than the 22.5% or 10.8 million households' loans that were underwater in the preceding quarter.
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| Forex – AUD/USD Up In U.S. Trade Posted: 09 Mar 2011 10:35 AM PST Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Wednesday. AUD/USD was trading at 1.0103, up 0.05% at time of writing. The pair was likely to find support at 1.0054, Tuesday's low, and resistance at 1.0186, Monday's high. Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.07% to hit 1.3762 and AUD/JPY rising 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Greece’s Unemployment Rate Jumps To 14.8% Posted: 09 Mar 2011 10:30 AM PST 03/09/11 According to the Statistical Authority, the unemployment rate in Greece jumped to 14.8% in … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Will The U.S. Ever Become A Net Exporter Of Natural Gas? (Guest Post) Posted: 09 Mar 2011 10:24 AM PST By David Alton Clark US producers of natural gas, Liquefied Natural Gas (LNG), and oil like Chesapeake Energy (NYSE:CHK) continue to drill the Eagle Ford Shale and other unconventional plays when natural gas prices are at depressed levels. The US rig count has increased from 750 rigs at the beginning of 2010 to currently around 1,700 rigs. Althoug the domestic gas rig count (around 900) plunged to a one-year low the week ending March 4, gas rigs still … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| CE Mark To Boost BSX’s Stent Market Posted: 09 Mar 2011 10:05 AM PST Boston Scientific Corporation (NYSE:BSX) recently received the CE Mark approval for its Omega Platinum Chromium Bare-Metal Coronary Stent System, a third generation platinum chromium (PtCr) coronary stent system with greater radial strength and minimum stent recoiling. Boston Scientific plans to begin the shipment of the product in the immediate future.
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| Posted: 09 Mar 2011 10:05 AM PST In line with expectations, Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) received a Complete Response Letter (CRL) from the US Food and Drug Administration (FDA) for Xifaxan (rifaximin) 550 mg. Salix had submitted a supplemental New Drug Application (sNDA) for Xifaxan 550 mg for the treatment of non-constipation irritable bowel syndrome (non-C IBS) and IBS-related bloating.
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| Employment Trends Index Gains For 5th Month Posted: 09 Mar 2011 10:00 AM PST For the fifth month in a row, the Conference Board Employment Trends Index (ETI) increased in February to 101.7, up from 100.1 in January. The ETI has improved by more than 8 percent from a year ago (see blue line in chart above). The Employment Trends Index is a composite index based on eight individual labor-market indicators. Says Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board: "In the past half year, the economy has been adding, on average, about … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – NZD/USD Down During The U.S. Session Posted: 09 Mar 2011 10:00 AM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday. NZD/USD was trading at 0.7390, down 0.07% at time of writing. The pair was likely to find support at 0.7339, Friday's low, and resistance at 0.7418, Tuesday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.08% to hit 1.3666 and EUR/NZD rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| European Markets Close Lower; Dax Down 0.46% Posted: 09 Mar 2011 09:55 AM PST Forex Pros – European stocks were down after the closing bell on Wednesday. At the close of European trade, Germany's DAX fell 0.46%, London's FTSE 100 shed 0.63%, France's CAC 40 declined 0.55% and the EURO STOXX 50 was down 0.35%. Meanwhile, on Wall Street, equity markets were mixed after the open. The Dow Jones Industrial Average was up 0.16%; the S&P 500 index shed 0.07%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| PPL Unit Aiming For Reliability Posted: 09 Mar 2011 09:35 AM PST PPL Electric Utilities Corporation, a subsidiary of PPL Corporation (NYSE:PPL), has embarked on a capital investment plan of more than $450 million for 2011, which stands nearly 7% above last year's funding and about 35% more than 2009.
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| Duke Realty Leases To Keystone Posted: 09 Mar 2011 09:35 AM PST Duke Realty Corporation (NYSE:DRE), one of the largest commercial real estate companies in the U.S., has recently leased 168,000 square feet of space in its Grand Lakes I warehouse facility in Grand Prairie, Texas. The lessee was Keystone Automotive Industries, a recycled and refurbished automotive parts supplier and a subsidiary of automobile recycling giant LKQ Corp. (NASDAQ:LKQX).
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| Posted: 09 Mar 2011 09:35 AM PST Dynegy Inc. (NYSE:DYN) reported a fourth quarter adjusted loss of 48 cents per share in line with the Zacks Consensus Estimate. Results also came below the year-ago quarterly earnings of 5 cents per share.
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| SPY All Tucked In A Tight Gann Angle Corridor, If It Breaks, Ouch! Posted: 09 Mar 2011 09:06 AM PST The SPDR S&P 500 (SPY) since the Ben Bernanke Jackson Hole Speech (QE2) has been stuck in a tight Gann Angle corridor between 1×2 and 1×4. If it breaks the 1×2 angle and even worse support at $130 then there is plenty of room for price to fall to $120.This chart makes you think the US Fed hires a Gann Angle specialist. Na cant be … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Mar 2011 09:05 AM PST After only a week's hiatus since its earnings release on March 2, Staples Inc. (NASDAQ:SPLS) hit the market with the news of dividend increase. This reflects the intent of the global leader in the supply of office products to utilize its free cash to enhance shareholders' return, thereby boosting investors' confidence on the stock.
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| Posted: 09 Mar 2011 09:05 AM PST McDonald’s Corp. (NYSE:MCD) posted global comparable sales growth of 3.9% in February, riding on strong beverage sales as well as new menu offerings and promotional activities. Comparable sales growth registered a decline from 4.8% in February 2010 and 5.3% from January 2011. Barring the United States, the fast-food restaurant operator witnessed a relatively downward movement across the U.K. and APMEA on a year-over-year basis.
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| Posted: 09 Mar 2011 09:05 AM PST McDonald’s Corp. (NYSE:MCD) posted global comparable sales growth of 3.9% in February, riding on strong beverage sales as well as new menu offerings and promotional activities. Comparable sales growth registered a decline from 4.8% in February 2010 and 5.3% from January 2011. Barring the United States, the fast-food restaurant operator witnessed a relatively downward movement across the U.K. and APMEA on a year-over-year basis.
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| Posted: 09 Mar 2011 09:00 AM PST 03/09/11 Risk appetite has returned to the forex markets this session following speculation the ECB will purchase bonds of indebted … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Up At The End Of European Session Posted: 09 Mar 2011 09:00 AM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3908, up 0.02% at time of writing. The pair was likely to find support at 1.3856, today's low, and resistance at 1.4036, Monday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.23% to hit 0.8584 and EUR/JPY rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stories Behind USD/JPY: Risks And Opportunities Posted: 09 Mar 2011 08:56 AM PST Libya Conflict and Oil Shock JPY recently has mostly been driven by political events in Middle East and North Africa. Investors' risk aversion had pushed currencies of usual safe heaven countries including Japanese Yen stronger. Money flowing into Japan asset markets has significantly increased since the beginning of 2011. The average amount of weekly Japanese assets purchased by non-residents was 174.6 billion Yen for 2010. But since Middle East conflicts intensified in January, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Why Gov’t. Unions Thrive: Taxpayers Provide Lunch Posted: 09 Mar 2011 08:52 AM PST From Thomas Sowell’s column today: “There are limits to how long unions can siphon off money from businesses, without facing serious economic repercussions.The most famous labor union leader, the legendary John L. Lewis, head of the United Mine Workers from 1920 to 1960, secured rising wages and job benefits for the coal miners, far beyond what they could have gotten out of a free market based on supply and demand. His strikes that interrupted the supply of coal, as well as the resulting wage … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Kazakhstan Central Bank Raises Rate 50bps To 7.50% Posted: 09 Mar 2011 08:50 AM PST The National Bank of Kazakhstan increased its key refinancing rate by 50 basis points to 7.50% from 7.00% previously, on the back of rising inflation. Kazakhstan reported a higher inflation rate last month, of 8.8%, which was the fastest since April 2009, and above the official inflation target of 8 percent. Kazakhstan recently returned its currency, the Tenge, to a “managed” free float, abolishing the tenge’s trading corridor at the end of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Most Attractive Commodities Are Benefiting From QE2 Posted: 09 Mar 2011 08:46 AM PST Haven't we seen this movie before? The economy enters a recession; we have a bear market, the Fed cuts interest rates drastically flooding the global financial system with cash, and commodity prices begin to soar. In the United States, the Fed has a handy way to ignore rising commodity prices, something they call core inflation. While most of us eat, drive, and heat our homes, the Fed excludes food and energy from its core inflation reading to remove "volatile" components of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| GBP/JPY’s Short-term Elliott Wave Count Adjustment Posted: 09 Mar 2011 08:41 AM PST GBP/JPY is in a Flag Pattern Above Key Support at 132.85 (3/8) - The GBP/JPY did not break out of the flat pattern we saw it in yesterday. Instead, it is accelerating higher to about 61.8% retracement of the decline from 135.20 to 132.85.
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| Yields Ease As Crude Oil Prices Trip-up Equity Bulls Posted: 09 Mar 2011 08:38 AM PST Yields are lower as investors weigh up the likelihood of a slowdown in consumption in response to rising crude oil prices. The national average price of gasoline in the United States of $3.52 per gallon easily has the capability of acting like a consumption tax crimping disposable income. Earlier hopes for a speedy end to the Libyan civil war that sent crude oil prices lower have yet to materialize and there are few signs of a meaningful dip in energy prices along the horizon. The trend around … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Is Sprint Finally Buying T-Mobile? Posted: 09 Mar 2011 08:25 AM PST Rumors of Sprint Nextel Corp. (NYSE:S) being in talks with the German company Deutsche Telekom to buy the latter's T-Mobile USA unit have re-surfaced. The market buzz won positive reactions from investors, resulting in a 22 cent jump in Sprint shares at last close.
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| Posted: 09 Mar 2011 08:25 AM PST U.S. based disk drive producer Western Digital Corporation (NYSE:WDC) recently announced that it has entered into a definitive agreement to acquire Hitachi Global Storage Technologies, a wholly owned subsidiary of Hitachi Ltd.
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| General Dynamics Books Command Deal Posted: 09 Mar 2011 08:21 AM PST A business unit of General Dynamics Corporation (NYSE:GD), General Dynamics Ordnance and Tactical Systems, received an indefinite delivery, indefinite quantity contract worth $198.7 million. It will supply 120mm mortar ammunition to the U.S. Marine Corps Systems Command that will support the Expeditionary Fire Support System (EFSS). Under the contract, the company has already received two delivery orders worth $101.0 million.
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| Topamax Linked With Birth Defects Posted: 09 Mar 2011 08:21 AM PST The US Food and Drug Administration (FDA) recently issued a warning to pregnant women or women of child-bearing age who were being treated either with epilepsy drug Topamax (topiramate) or its generic equivalent. The regulatory body said that there was a risk of oral clefts among babies born to women who were on the drug during their pregnancy. Oral clefts can lead to problems of eating or talking and to ear infections in new born.
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| Ferrellgas Buys More Propane Assets Posted: 09 Mar 2011 08:21 AM PST Ferrellgas Partners L.P. (NYSE:FGP) continued its acquisition spree by acquiring Dubois, Wyoming based independent propane dealer Ram Propane. The latter operates in the Western Wyoming markets catering to residential and industrial clients.
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| Posted: 09 Mar 2011 08:21 AM PST Hyatt Hotels Corporation (H) recently signed a deal with an affiliate of HILLGATE Properties NV, for the operation of Hyatt Place Amsterdam Airport hotel. Financial terms of the deal were not disclosed.
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| Australian Dollar: The Downside Prevails Posted: 09 Mar 2011 08:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Canadian Dollar: The Downside Prevails Posted: 09 Mar 2011 08:18 AM PST Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Stalking NZD/USD In A Flag Pattern; Swing Projection Targets 0.7285 Posted: 09 Mar 2011 08:12 AM PST NZD/USD - The NZD/USD has been consolidating above the support pivot at 0.7342.
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| Forex Trading: GBPUSD Tests 100 And 200 Hour MA And Comes Off. More Proof Needed Posted: 09 Mar 2011 08:03 AM PST
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| Forex – Dollar Down Across The Board As Oil, Yields Weigh Posted: 09 Mar 2011 07:55 AM PST Forex Pros – The U.S. dollar was down against all of its major counterparts on Wednesday, amid concerns that the recent rally in oil prices could dampen the U.S. recovery and further weighed by the likelihood for a sustained period of low interest rates. During European late afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.18% to hit 1.3928. Earlier in the day, Portugal's government debt agency successfully sold EUR1 billion of two-year bonds, albeit at … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – GBP/USD Close To 2-day High, As U.K. Trade Data Supports Posted: 09 Mar 2011 07:46 AM PST Forex Pros – The pound held early gains against the U.S. dollar on Wednesday, trading close to a two-day high, after the U.K. goods trade deficit narrowed in January to its smallest in nearly a year, recovering from its worst reading on record in December. GBP/USD hit 1.6243 during European late afternoon trade, the pair's highest since Monday; the pair subsequently consolidated at 1.6221, gaining 0.36%. Cable was likely to find support at 1.6255, the low of February 28 and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex – EUR/USD Holds Gains After Portugal Debt Auction Posted: 09 Mar 2011 07:41 AM PST Forex Pros – The euro held gains against its U.S. counterpart on Wednesday, trading close to a daily high, after Portugal successfully sold EUR1 billion of two-year bonds, albeit at sharply higher yields than previously. EUR/USD hit 1.3942 during European late afternoon trade, the daily high; the pair subsequently consolidated at 1.3930, rising 0.18%. The pair was likely to find support at 1.3742, the low of March 3 and short-term resistance at 1.3988, Tuesday's high. Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Word From The Floor: Oil Prices Edge Higher Posted: 09 Mar 2011 07:40 AM PST 03/09/11 On the second anniversary of the bull market, crude oil prices traded higher amidst ongoing geopolitical … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Mar 2011 02:35 AM PST 03/09/11 Mixed US demand and continued unrest in Libya has kept front month crude prices trading above $105 a barrel this … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Forex Trading: EURUSD Back Higher Above The 1.3908 Posted: 09 Mar 2011 07:22 AM PST The price action is somewhat random for the EURUSD pair with 1.3893 support against the 200 bar MA (Green line in the chart above) holding and now resistance at 1.3923 (38.2% off the hourly chart below and a high level from yesterday afternoon trade) perhaps providing the resistance. In between is the 1.3908 level which is the 38.2% of the days trading range. In between the 1.3908 and the 1.3923 level is the neutral zone with perhaps a bullish bias intraday (the price is higher … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 09 Mar 2011 06:31 AM PST Ayala Land, Inc. (ALI) suddenly showed some signs of life earlier today when it beat the 8 count and closed at PHP 15.28. Not only did it barely ended just outside the resistance of a descending channel, it also attempted to break out from a small inverted head and shoulders pattern. In my colleague's post about ALI the other day (kindly see it here), things were still somewhat bearish since it was still stuck well within the descending channel. as you can see from the chart above, ALI had … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Range Resources Encouraged By Production Boost At Russell Bevly Well In Texas Posted: 09 Mar 2011 02:08 AM PST Oil and gas group Range Res. (LON:RRL) said this morning that production rates were beginning to stabilise from its Russell Bevly # 1 well following fracture stimulation work on two of the lower pay zones inside the well. Russell Bevly, which lies on Range's North Chapman Ranch Project in Texas, US, is now producing at a rate consistent will a targeted rate of 4 million cubic feet of gas per day (MMcfd) plus 320 barrels of oil per day(bopd) per well, based on current production of … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Hill Amp; Smith Eyes US Nuclear Power Market With TPG Acquisition Posted: 09 Mar 2011 01:22 AM PST Engineering group Hill Smith (LON:HILS) is paying US$45 million (£27.8 million) for US-based pipe support and hanger manufacturer, The Paterson Group Inc. The move will create a major international player in the market for pipe supports with an established presence in North America and the highly regulated nuclear power market. Hill amp; Smith said it estimated that there were 189 nuclear plants, either under construction or planned worldwide, and the deal was therefore an opportunity for it … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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