DailyMarkets.com - 65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You

---

• 65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You
• Forex – USD/CHF Hits 3-week Low As Japan Upgrades Nuclear Crisis
• European Stocks Drop On Deepening Japan Crisis; DAX Down 1%
• German ZEW Economic Sentiment Plunges In April
• U.K. Consumer Price Inflation Rises Less-than-expected In March
• Forex – EUR/USD Surges To 5-month High As U.K. Inflation Falls
• U.K. Goods Trade Deficit Narrows Unexpectedly In February
• Forex – Dollar Mixed After Japan Raises Level Of Nuclear Crisis
• Forex – GBP/USD Hits 3-day Low As U.K. Inflation Data Eyed
• Bank Indonesia Holds Reference Rate At 6.75%
• Forex – USD/JPY Pares Losses As Japan Upgrades Nuclear Crisis
• Bank Of Korea Holds Policy Rate At 3.00%
• Forex – NZD/USD Erases Losses, Supported By Bollard Remarks
• Forex Trading: USD/CHF Rebounding
• Forex – AUD/USD Trims Losses, Eases Off 4-day Low
• Asia Stocks Sharply Lower On IMF Growth Outlook; Nikkei Drops 1.7%
• Forex – EUR/USD At 2-day Low As Risk Appetite Sours On Japan
• Bull Of The Day: Tractor Supply Co. (TSCO)
• Growth & Income Stock: A.O. Smith Corp
• Momentum Stock: Stone Energy Corp.
• Aggressive Growth Stock: First Cash Financial Services
• Bear Of The Day: Morgan Stanley (MS)
• Forex – EUR/USD Down During The Asian Session
• Forex Trading: Euro Testing 1.43902/Trendline Developing
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• April 11 Lesson In Trading And Forecasting With The TICK
• Forex – USD/CHF Down During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• “Super-RIch” Aren’t The Same From Year To Year
• Forex – USD/JPY Down During Asian Trade
• Forex Notes: Yen-Strength Assessment In USD/JPY, EUR/JPY And GBP/JPY
• Forex – USD/CAD Up In Asian Trading Hours
• Forex – AUD/USD Down During Asian Trade
• The Megabus Effect: A Great Success Story Of Low-Cost, Convenient, Market-Based Bus Travel Without Government Subsidies Or Tax Breaks
• Forex – EUR/USD Down During The Asian Session
• A Tired Old Tune
• Forex – EUR/JPY Down During Asian Trade
• Forex – GBP/JPY Down During The Asian Session
• Rising Commodity Prices Do Not Necessarily Lead To Higher Core CPI Consumer Inflation
• Crude Oil To Fall As Import Prices Surge, Bolstering Dour IMF Growth Outlook
• Forex – EUR/USD Down In Asian Trade
• A Commodity Price Blowoff?

65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You Posted: 12 Apr 2011 03:35 AM PDT Everything that you own is slowly being taken away from you. It is being done purposely and it is being done by design. Many Americans like to think of themselves as “well off”, but as will be demonstrated below, we don’t “own” nearly as much as we think that we do. The truth is that most of us have to frantically run around accumulating wealth as rapidly as we can so that we can somehow stay ahead of the rate that wealth is being taken away from us. The entire system is designed to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Hits 3-week Low As Japan Upgrades Nuclear Crisis Posted: 12 Apr 2011 03:03 AM PDT Forex Pros – The safe haven Swiss franc strengthened against the U.S. dollar on Tuesday, rising to a three-week high after Japan upgraded the severity of its nuclear crisis to the same level as the 1986 Chernobyl disaster<br /><br />USD/CHF hit 0.9011 during European morning trade, the pair&rsquo;s lowest since March 23; the pair subsequently consolidated at 0.9015, shedding 0.54%.<br /><br />The pair was likely to find support at 0.8960, the low of March 17 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Drop On Deepening Japan Crisis; DAX Down 1% Posted: 12 Apr 2011 02:37 AM PDT Forex Pros – European stock markets were broadly lower on Tuesday, amid ongoing fears over Japan&rsquo;s deepening nuclear crisis, while U.S. futures indexes pointed to a lower open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 dropped 0.75%, France&rsquo;s CAC 40 tumbled 1.1%, while Germany’s DAX 30 slumped 1%.<br /><br />Earlier in the day, Japan&rsquo;s Nuclear and Industrial Safety Agency raised its assessment of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

German ZEW Economic Sentiment Plunges In April Posted: 12 Apr 2011 02:13 AM PDT Forex Pros – German economic sentiment fell significantly more-than-expected in April, falling for the second consecutive month, industry data showed on Tuesday.<br /><br />In a report, the ZEW Centre for Economic Research said that its index of German economic sentiment fell to 7.6 in April, down from 14.1 in March.<br /><br />Analysts had expected the index to decline to 11.3 in April.<br /><br />On the index, a level above 0.0 indicates optimism; a level … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Consumer Price Inflation Rises Less-than-expected In March Posted: 12 Apr 2011 02:12 AM PDT Forex Pros – Consumer price inflation in the U.K. rose less-than-expected in March, official data showed on Tuesday.<br /><br />In a report, the U.K. Office for National Statistics said that the rate of consumer price inflation fell to a seasonally adjusted 4% in March, down from 4.4% in February.<br /><br />Analysts had expected U.K. consumer prices to rise by 4.4% in March. <br /><br />The rate of inflation was double the Bank of England&rsquo;s 2.0% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Surges To 5-month High As U.K. Inflation Falls Posted: 12 Apr 2011 02:11 AM PDT Forex Pros – The euro surged to a fresh five-month high against the pound on Tuesday, after official data showed that U.K. consumer price inflation fell unexpectedly in March, as a decline in the cost of food and drink outweighed higher housing and utility costs.<br /><br />EUR/GBP hit 0.8890 during European morning trade, the pair&rsquo;s highest since October 25; the pair subsequently consolidated at 0.8887, surging 0.62%.<br /><br />The pair was likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Goods Trade Deficit Narrows Unexpectedly In February Posted: 12 Apr 2011 02:07 AM PDT Forex Pros – The U.K.&rsquo;s goods trade deficit narrowed unexpectedly in February, official data showed on Tuesday.<br /><br />In a report, the U.K. Office for National Statistics said the country’s goods trade deficit narrowed to a seasonally adjusted GBP6.8 billion in February, compared to a deficit of GBP7.8 billion in January, whose figure was revised from a deficit of GBP7.1 billion. <br /><br />Economists had expected the goods trade deficit to widen to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Mixed After Japan Raises Level Of Nuclear Crisis Posted: 12 Apr 2011 01:26 AM PDT Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, after Japan raised the severity rating of its nuclear crisis to the same level as the 1986 Chernobyl disaster, spurring increased safe haven demand.<br /><br />During European morning trade, the greenback was almost unchanged against the euro, with EUR/USD dipping 0.01% to hit 1.4434.<br /><br />The greenback was also higher against the pound, with GBP/USD shedding 0.26% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 3-day Low As U.K. Inflation Data Eyed Posted: 12 Apr 2011 01:05 AM PDT Forex Pros – The pound fell to a three-day low against the U.S. dollar on Tuesday, ahead of the release of U.K. data on inflation and after reports showing that retail sales fell at their fastest annual pace in nearly six years and house prices slipped in March.<br /><br />GBP/USD hit 1.6265 during European morning trade, the pair&rsquo;s lowest since April 7; the pair subsequently consolidated at 1.6294, shedding 0.29%.<br /><br />Cable was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Indonesia Holds Reference Rate At 6.75% Posted: 12 Apr 2011 01:01 AM PDT Indonesia’s central bank, Bank Indonesia, held the BI Rate unchanged at 6.75%, taking a pause in its tightening cycle. Indonesia reported consumer price inflation of 6.65% (core inflation 4.45%) in March, while in February prices rose 6.84% year on year (4.36% core). The Asian Development Bank has forecast 6.4% economic growth for Indonesia this year, compared to GDP growth of 6.1% in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Pares Losses As Japan Upgrades Nuclear Crisis Posted: 12 Apr 2011 12:51 AM PDT Forex Pros – The U.S. dollar pared losses against the yen on Tuesday, easing off a seven-day low hit after Japan raised the severity rating of its nuclear crisis to the same level as the 1986 Chernobyl disaster.<br /><br />USD/JPY retreated from 83.45, the pair&rsquo;s lowest since April 1, to hit 84.31 during early European trade, down 0.32% on the day.<br /><br />The pair was likely to find support at 83.11, the low of April 1 and resistance at 82.38, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Of Korea Holds Policy Rate At 3.00% Posted: 12 Apr 2011 12:48 AM PDT The Bank of Korea maintained its benchmark seven-day repurchase rate unchanged at 3.00%, opting for a wait-and-see approach. South Korea reported annual inflation of 4.7% (3.3% on a core inflation basis) in March, with the monthly change +0.5% in March off slightly from 0.8% in February. The decision represents a pause in its policy normalisation path, with the Bank noting “We’re determined to normalize interest rates,”. The Bank also reiterated its focus on maintaining growth, stating its aim … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Erases Losses, Supported By Bollard Remarks Posted: 12 Apr 2011 12:22 AM PDT Forex Pros – The New Zealand dollar erased losses against its U.S. counterpart on Tuesday, supported by comments from Reserve Bank Governor Alan Bollard, after earlier slipping as Japan raised the severity rating of its nuclear crisis.<br /><br />NZD/USD rebounded from 0.7744, the pair&rsquo;s lowest since April 7, to hit 0.7818 during late Asian trade, climbing 0.32%.<br /><br />The pair was likely to find support at 0.7668, the low of April 6 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USD/CHF Rebounding Posted: 12 Apr 2011 12:02 AM PDT Since finding the low at .90177, the USD/CHF pair has re-gained some ground rebounding nearly 60 pips before running into the 23.6% retracement level. Further higher, a bearish trendline comes in around the same area as .90748- an old … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Trims Losses, Eases Off 4-day Low Posted: 11 Apr 2011 11:58 PM PDT Forex Pros – The Australian dollar trimmed losses against its U.S. counterpart on Tuesday, easing off a four-day low hit after Japan raised the severity rating of its nuclear crisis, sapping demand for higher yielding assets.<br /><br />AUD/USD pulled back from 1.0391, the pair&rsquo;s lowest since April 6, to hit 1.0440 during late Asian trade, down 0.53% on the day.<br /><br />The pair was likely to find support at 1.0312, the low of April 6 and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Sharply Lower On IMF Growth Outlook; Nikkei Drops 1.7% Posted: 11 Apr 2011 11:53 PM PDT Forex Pros – Asian stock markets were sharply lower on Tuesday after the International Monetary Fund cut its growth forecast for Japan and the U.S., while shares in Tokyo dropped amid ongoing fears over the nation&rsquo;s nuclear crisis.&nbsp; <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index slumped 1.5%, South Korea’s Kospi Composite tumbled 1.55%, while Japan&rsquo;s Nikkei 225 Index plunged 1.69%.<br /><br />Earlier in the day, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD At 2-day Low As Risk Appetite Sours On Japan Posted: 11 Apr 2011 11:38 PM PDT Forex Pros – The euro was lower against the U.S. dollar for the second day on Tuesday, as risk appetite soured after Japan raised the severity of its nuclear crisis to the same level as the Chernobyl disaster and after a second major aftershock hit the country.<br /><br />EUR/USD hit 1.4378 during late Asian trade, the pair&rsquo;s lowest since Friday; the pair subsequently consolidated at 1.4393, shedding 0.29%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Tractor Supply Co. (TSCO) Posted: 11 Apr 2011 11:05 PM PDT On the back of strong same-store sales, improved merchandise mix, prudent inventory management and effective cost control, Tractor Supply Co. (NASDAQ:TSCO) posted better-than-expected fourth-quarter 2010 results. The quarterly earnings beat the Zacks Consensus Estimate of $0.62. Furthermore, margins improved due to portfolio expansion of private label brands and focus on direct sourcing of merchandise. The company has set a long-term target of generating 25% of sales from private label brands and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: A.O. Smith Corp Posted: 11 Apr 2011 11:05 PM PDT A.O. Smith Corp (NYSE:AOS) announced in December 2010 that it was selling its Electrical Products segment to focus more on growing its water heating and water treatment businesses in fast-growing markets, such as China. The company, which manufactures residential and commercial water heating equipment throughout North America and China, is based in Milwaukee and has a market cap of $1.94 billion. The move may just pay off, given that analysts expect 18% EPS growth from the company over the next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Stone Energy Corp. Posted: 11 Apr 2011 11:05 PM PDT Stone Energy Corp. (NYSE:SGY) has been trading like a rock star, recently hitting a new multi-year high as crude jumps above $110 a barrel. With estimates on the rise and a compelling valuation, this Zacks #1 rank stock is a momentum player. Company Description Stone Energy Corp is an independent oil and natural gas exploration company that operates primarily in the Gulf of Mexico and Appalachian region. The company was founded in 1993 and has a market cap of $1.62 billion. Although SGY has been … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: First Cash Financial Services Posted: 11 Apr 2011 11:05 PM PDT First Cash Financial Services, Inc. (NASDAQ:FCFS) raised its guidance, resumed its buyback program and announced an acquisition which has analysts feeling bullish. Estimates are on the rise for this Zacks #1 Rank (Strong Buy), but will it live up to expectations in its upcoming earnings release? Company Description First Cash owns and operates pawn locations providing short-term loans, buying and selling merchandise, check cashing and credit services. Raising the Bar On Mar 14 First Cash raised its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Morgan Stanley (MS) Posted: 11 Apr 2011 11:05 PM PDT The implementation of Basel III is expected to reduce Morgan Stanley’s (NYSE:MS) flexibility with respect to its capital in the near term. Though the company’s Tier 1 common ratio is expected to be below the Basel III minimum, given the lengthy period of implementation of the standard, it will not have to raise additional funds in the near term. Moreover, following the Federal Reserve’s second round of stress tests, Morgan Stanley was not granted the green signal to raise its dividend. We do not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 11 Apr 2011 10:55 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4404, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday&rsquo;s low, and resistance at 1.4488, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8832 and EUR/JPY falling 1.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Testing 1.43902/Trendline Developing Posted: 11 Apr 2011 10:26 PM PDT The market has quieted down after the all of the JPY commotion earlier as we hang idly between markets. Currently, the EUR/USD is trading around the 1.43902 level; the 38.2% fibo line on the move from the low on April 7th to the high of 1.44818 on the 8th. Since reaching that high, the pair has traded continually lower. Continued selling could see the pair break through this short-term support in which case we look to 1.43619 where the 50.0% line converges with the 100 hour moving average in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 11 Apr 2011 10:25 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6300, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 1.6264, Thursday&rsquo;s low, and resistance at 1.6427, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8836 and GBP/JPY falling 1.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 11 Apr 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.3028, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.2972, today&rsquo;s low, and resistance at 1.3189, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.21% to hit 1.4406 and EUR/JPY falling 0.95% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

April 11 Lesson In Trading And Forecasting With The TICK Posted: 11 Apr 2011 09:26 PM PDT I had a good question come in this evening which led to this post, clarifying one main tactic to trade (and forecast) with the NYSE TICK. The question was along the lines of: "Price and TICK both made a new high today but the bullish signal failed because the market reversed." To which I thought, "No, I didn't see that.  I saw just the opposite – the TICK worked just exactly as it should." It's a matter of perspective and context.  Let's see what I mean: Click for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 11 Apr 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.9032, down 0.38% at time of writing.<br/><br/> The pair was likely to find support at 0.9020, today&rsquo;s low, and resistance at 0.9200, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.26% to hit 1.4398 and USD/JPY falling 0.82% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 11 Apr 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8835, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.8726, Thursday&rsquo;s low, and resistance at 0.8859, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.30% to hit 1.4392 and EUR/JPY falling 1.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“Super-RIch” Aren’t The Same From Year To Year Posted: 11 Apr 2011 08:44 PM PDT For the 2011 season in Major League Baseball, the average salary for the top 25 highest-paid baseball players is $19,751,000, with Alex Rodriguez of the New York Yankees leading MLB at a salary of $32 million, according to the USA Today Salaries Database.  In comparison, during the 1988 season the average salary for the top 25 highest-paid players was $1.955 million, or $3.657 million in today’s dollars.  The highest paid player that year was New York Mets catcher Gary Carter, who … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 11 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 83.62, down 1.16% at time of writing.<br/><br/> The pair was likely to find support at 83.47, today&rsquo;s low, and resistance at 85.48, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.34% to hit 1.4387 and GBP/USD falling 0.35% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Notes: Yen-Strength Assessment In USD/JPY, EUR/JPY And GBP/JPY Posted: 11 Apr 2011 08:10 PM PDT Forex Video Technical Update 4/7/2011 – Is the JPY Turning From a Bullish 2010 to a Bearish 2011? The Japanese yen has been sliding after the G7 intervention to sell the currency. This multilateral intervention produced spikes in yen-crosses, from which the markets have been building a reversal on. IMF's reduction in growth estimates for the US and Japan might have prompted some risk aversion today that boosted the Japanese yen, but the currency of this troubled nation might not be able to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 11 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9606, up 0.41% at time of writing.<br/><br/> The pair was likely to find support at 0.9527, Friday&rsquo;s low, and resistance at 0.9624, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.28% to hit 1.4396 and GBP/USD falling 0.35% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 11 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0449, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 1.0412, Thursday&rsquo;s low, and resistance at 1.0583, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.23% to hit 1.3787 and AUD/JPY falling 1.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Megabus Effect: A Great Success Story Of Low-Cost, Convenient, Market-Based Bus Travel Without Government Subsidies Or Tax Breaks Posted: 11 Apr 2011 07:24 PM PDT From Bloomberg/BusinessWeek, a great story about the success of a new industry that has brought low-cost, dependable, convenient, market-based, Wi-Fi-enabled bus service to millions of Americans, despite rising gas and oil prices, and without any government subsidies, tax breaks or taxpayer funding: “After decades of decline, the bus is the U.S.’s fastest-growing way to travel, led by curbside service from Megabus, BoltBus, and others. For bus travel as a whole, the number of daily … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 11 Apr 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4411, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday&rsquo;s low, and resistance at 1.4488, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.03% to hit 0.8835 and EUR/JPY falling 0.63% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Tired Old Tune Posted: 11 Apr 2011 06:38 PM PDT Even though Wikipedia lists more than 1,000 songs about New York City, a musical mashup based on these two reports could prove to be one the biggest tearjerkers of the lot: “The Wall Street Mind: Triumphant…” (New York) To the victors belong the spoils, right? … Not only are the banks rolling in dough again, but their denizens' customs and sense of self-esteem have largely reverted to the status quo ante. With the enactment of a ­financial-­reform law that is widely seen as toothless, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 11 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 121.31, down 0.67% at time of writing.<br/><br/> The pair was likely to find support at 120.76, Thursday&rsquo;s low, and resistance at 123.33, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.19% to hit 1.4408 and EUR/GBP rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 11 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 137.66, down 0.45% at time of writing.<br/><br/> The pair was likely to find support at 137.66, today&rsquo;s low, and resistance at 140.02, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the U.S. Dollar and up against the Euro, with GBP/USD shedding 0.12% to hit 1.6326 and EUR/GBP falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rising Commodity Prices Do Not Necessarily Lead To Higher Core CPI Consumer Inflation Posted: 11 Apr 2011 05:38 PM PDT We hear a lot of talk about how rising prices for copper, cotton, oil, and other commodities are signaling that inflationary pressures are building up in the general U.S. economy, implying a direct and tight connection between commodity prices and consumer prices.  For example, Atlanta Fed President Dennis Lockhart said recently that rising commodity prices are creating "inflation anxiety.” But what exactly are the implications of rising commodity prices for core inflation, and how … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil To Fall As Import Prices Surge, Bolstering Dour IMF Growth Outlook Posted: 11 Apr 2011 05:38 PM PDT Commodities – Energy Oil Falls on IMF Growth Outlook, Further Losses Likely WTI Crude Oil (NY Close): $109.92 // -2.87 // -2.54% Prices put in a Bearish Engulfing candlestick pattern below the $114/barrel figure, with prices falling to support at the bottom of a rising channel established from mid-March. A break below this boundary exposes the 38.2% Fibonacci retracement of the 3/16-4/11 advance at $106.85.Near-term resistance lines up at $113.44. Crude's standing correlation with the MSCI … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In Asian Trade Posted: 11 Apr 2011 05:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4433, down 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4243, Thursday&rsquo;s low, and resistance at 1.4488, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8834 and EUR/JPY falling 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

A Commodity Price Blowoff? Posted: 11 Apr 2011 12:24 AM PDT As we stand on the cusp of Earnings Season, the market saw a number of important reversals last week. First of all, I have been watching the Dow Jones Transportation Average to see at what point Mr. Market gets spooked by rising oil prices. To my surprise, the Transports broke out to new recovery highs despite $110 and later a $120 Brent price. When WTI broke above $110 last week, the Transports broke down below their upside breakout level, which became a level of support. The CRB Index also … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610