Wednesday, April 6, 2011

DailyMarkets.com - Chase Ink – Which Business Credit Card To Get?

DailyMarkets.com - Chase Ink – Which Business Credit Card To Get?


Chase Ink – Which Business Credit Card To Get?

Posted: 06 Apr 2011 07:35 AM PDT

Are you considering a Chase Ink card for your small business needs? Since there are 4 different types of Chase Ink credit cards in the US, namely, Ink Cash, Ink Plus, Ink Bold and Ink with Ultimate Rewards, and all of them are offering a $100 signing bonus, I’ve decided to do an overview of these 4 Chase (NYSE:JPM) business cards so that you can have a better idea of which one exactly will suit your business needs.

I’ll start off with a highlight of the benefits found in all the 4 Chase Ink … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Australian Dollar: Under Pressure

Posted: 06 Apr 2011 07:19 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Canadian Dollar: The Downside Prevails

Posted: 06 Apr 2011 07:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Gold Daily Outlook For April 7, 2011

Posted: 06 Apr 2011 07:16 AM PDT

By CommoditiesMansion.com
 
Gold trading Tuesday closed on record high, to add further bullishness by Wednesday's trading due to the unexpected rate hike by China's central bank, which was the third-hike this year.
Inflation threats and debt woes sweeping across Europe caused traders to target safety and push the metal above a pivot resistance at 1,455.50. The metal is now testing a resistance at 1,460.00 an ounce, ahead of ECB and BoE rate decision.
Inflation threats among investors … [visit site to read more] or compare Best Credit Cards and Best CD Rates


If You Tax Something, You Get Less Of It

Posted: 06 Apr 2011 07:13 AM PDT

From the Boston Globe:

“Fidelity Investments will shutter its offices in Marlborough, Massachusetts by the end of next year and move almost all of the 1,100 jobs there out of state, a spokeswoman said yesterday. The financial services giant, based in Boston since it was founded in 1946, has steadily slashed its Massachusetts workforce in the past five years. Fidelity will probably have about 7,300 workers left in Massachusetts, just over half of the 13,000 it had in 2006. Most of the jobs will … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Preview Of ECB Rate Decision – 5 Possible Scenarios

Posted: 06 Apr 2011 07:10 AM PDT

ECB Rate Hike in Focus, Highly Anticipated
Tomorrow, during Thursday's global session we get the ECB Interest Rate Decision at 7:45AM ET (11:45 GMT). This day has been awaited eagerly in the forex markets, ever since ECB President Trichet's previous decision in which he said the bank would shos "strong vigilance" in regards to inflation, a signal to the market that an interest rate increase is coming in the following week.
The anticipation was build up by comments from ECB … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Mexivada Options Up To 75% Of Its Gold Jackpot Property

Posted: 06 Apr 2011 07:06 AM PDT

Steven Ralston, CFA
Mexivada options up to 75% of its Gold Jackpot property

Mexivada (MXVDF) optioned up to a 75% interest in its Gold Jackpot property in Nevada to Sphere Resources (SPH.V: TSX-V and SPHUF). Based on Mexivada’s geologic mapping and sampling, the Gold Jackpot area appears to have potential to produce multi-metal (gold, silver, tellurium, copper and lead) deposits from shallow depths utilizing open pit, heap leach methodologies. This unpopulated area has good access and has … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Abercrombie Rises On Bullish Outlook

Posted: 06 Apr 2011 07:06 AM PDT

The apparel retailer, Abercrombie & Fitch Co. (NYSE:ANF) shares soared 11% in Tuesday's session as the company provided an optimistic fiscal 2011 outlook in an analyst meeting.  The teen retailer expects to earn $4.75 a share for the fiscal year ending in January 2012 as per the Wall Street Cheat Sheet.
Abercrombie also revealed that it expects to achieve the annual sales goal of $7.5 billion in the fiscal year ending in 2015. Sales from both U.S and overseas stores will contribute to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GG’s Expansion Plans For Cerro

Posted: 06 Apr 2011 07:05 AM PDT

 Goldcorp Corp. (NYSE:GG) announced expansion plans for the Cerro Negro epithermal gold deposit, acquired from Andean Resources in December 2010. The project is located in the southern Argentinean province of Santa Cruz at an elevation of approximately 600 meters above sea level.
In this regard, Goldcorp expects the average annual gold production during the first 5 years to be approximately 550,000 ounces at average cash costs of less than $200 per ounce of gold, resulting in the doubling of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stock Market News Briefs: Analog Devices, AMR, Abercrombie & Fitch Company, Cubist Pharmaceuticals, Diamond Foods, Expedia, Procter & Gamble Company, TJX Companies, Toyota Motor Corporation

Posted: 06 Apr 2011 07:05 AM PDT

 Expedia, Inc. (NASDAQ:EXPE) and American Airlines (NYSE:AMR) have reached an agreement regarding fees and how travel information should be delivered on its website

 Abercrombie & Fitch Co. (NYSE:ANF) rocketed 10.82% to close at $65.57 after the company hosted its first analyst day in several years

 Wedbush analysts upgraded Cubist Pharmaceuticals, Inc. (NASDAQ:CBST) from “Neutral” to “Outperform” rating

 Shares prices of snack-food maker Diamond Foods Inc. (NASDAQ:DMND) increased … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Starwood Expands To Thailand

Posted: 06 Apr 2011 07:05 AM PDT

Starwood Hotels & Resorts Worldwide Inc.(NYSE:HOT) with its Luxury Collection brand is all set to expand to Thailand, a renowned tourist hub. The company announced the inauguration of The St. Regis Bangkok, the first St. Regis resort in Thailand.
St. Regis Bangkok features 227 guest rooms including 51 suites and 53 residences, the first Elemis Spa and ZUMA restaurant. The hotel is also expected to provide the St. Regis signature butler service to all its guests.  
In the last decade, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


DISH Teams With EPIX

Posted: 06 Apr 2011 07:05 AM PDT

The low-priced leader in the U.S. pay TV industry, DISH Network Corporation(NASDAQ:DISH) recently announced its partnership with EPIX, a premium video-on-demand service provider in the U.S. As per the deal, DISH subscribers will be allowed to access unlimited online movies and other programmes of EPIX through DISHOnline.com. But customers who have not subscribed for EPIX's on-demand movie services will be deprived of this facility. 
EPIX is a joint venture among Viacom's (NYSE:VIA) subsidiary, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Canadian Ivey PMI Rises Unexpectedly In March

Posted: 06 Apr 2011 07:05 AM PDT

Forex Pros – Canada’s Ivey purchasing managers&rsquo; index rose unexpectedly in March, increasing for the second consecutive month, industry data showed on Wednesday.<br /><br />In a report, the Richard Ivey School of Business said its purchasing managers&rsquo; index rose to 73.2 in March, after rising to 69.3 in February.<br /><br />Analysts had expected the index to fall to 65.2 in March.<br /><br />On the index, a figure above 50.0 indicates … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Corn Seeds Turn Into Growing Profits For Monsanto

Posted: 06 Apr 2011 07:00 AM PDT

04/06/11 The Monsanto Co. says rising corn seed sales helped boost its 2Q profit by … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CAD Hits 3-year Low, Weighed By Risk Sentiment, Oil

Posted: 06 Apr 2011 06:41 AM PDT

Forex Pros – The Canadian dollar rallied to a three-year high against its U.S. counterpart on Wednesday, boosted by hopes for a near-term rate hike by the Bank of Canada and higher oil prices.<br /><br />USD/CAD hit 0.9585 during early U.S. trade, the pair&rsquo;s lowest since mid-November 2007; the pair subsequently consolidated at 0.9592, shedding 0.46%.<br /><br />The pair was likely to find support at 0.9432, the low of November 12, 2007 and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


5 Reasons To Be Bullish About America In Long Run

Posted: 06 Apr 2011 06:40 AM PDT

1) The United States is the home of the entrepreneur.

2) The United States is the most open/flexible society the world has ever seen.

3) The brightest minds from around the world dream of coming to the United States.

4) English is the universal language.

5) Americanization remains a powerful and growing – though resented – economic and social trend throughout the world. (To quote the advertising/marketing giant WPP Group's CEO, Sir Martin Sorrell, "Globalization is a misnomer. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swiss Franc: Under Pressure

Posted: 06 Apr 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: Caution

Posted: 06 Apr 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: 06 Apr 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: Capped By A Negative Trend Line

Posted: 06 Apr 2011 06:18 AM PDT

Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Is The Bull Market Re-Heating In Coffee?

Posted: 06 Apr 2011 06:18 AM PDT

Today’s Idea
With Tuesday’s late session price surge, some traders could be signaling that Coffee prices may have finally reached near-term lows. Some traders looking for the recent low of 256.75 in July Coffee to hold may possibly wish to explore selling puts in Coffee futures options with strike prices below this support level. For example, with July Coffee trading at 270.35 as of this writing, June Coffee 235 puts could be sold for about 1.25, or $468.75 per option, not including … [visit site to read more] or compare Best Credit Cards and Best CD Rates


AUD/USD Anchors Onto Another Channel After Confirming Breakout

Posted: 06 Apr 2011 06:13 AM PDT

AUD/USD Begins to Signal Bullish Continuation…(4/5)
AUD/USD

Short-Term- Following up with yesterday's post, the AUD/USD now has further confirmation of the bullish continuation. The market indeed provided a deep throwback after breaking a declining channel. Then, the market confirmed further when the RSI broke above 60, and the price action also offered a second throwback that failed to reach the 1.0340 level.
- The market is likely in an attempt to break the 1.04 level, and push towards … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Televisa Eyeing Wireless Again

Posted: 06 Apr 2011 06:06 AM PDT

Grupo Televisa S.A. (NYSE:TV), the largest media company in the Spanish speaking world, is once again dreaming of wireless opportunities. Recently, Televisa announced that the company is negotiating with Mexican wireless operator Grupo Iusacell for a possible venture. Some industry watcher predicted that Televisa may buy a large chunk of outstanding debt of Iusacell, which is at present under creditor protection. However, it is still not clear whether Televisa will directly form a wireless venture … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Neutral On Qualcomm

Posted: 06 Apr 2011 06:06 AM PDT

We are downgrading our recommendation on Qualcomm Inc. (NASDAQ:QCOM) to Neutral based on its current valuation. The stock price has moved up by nearly 68% in the last year. Qualcomm continues to perform exceptionally well primarily due to significant surge in demand for 3G smartphones. The company's innovative Snapdragon platform and product diversification make management more confident about fiscal 2011. Therefore, it has provided a solid financial outlook.
We continue to believe the robust … [visit site to read more] or compare Best Credit Cards and Best CD Rates


An Army Contract For Textron

Posted: 06 Apr 2011 06:06 AM PDT

AAI Test & Training, an operating unit of Textron Inc. (NYSE:TXT), has received a task order worth $10.6 million for its Man-Portable Aircraft Survivability Trainer (MAST) from the U.S. Army Program Executive Office for Simulation, Training and Instrumentation.
Under the Simulation, Training and Instrumentation Omnibus Contract II, MAST will be responsible for designing, development, production and testing of 9 first article systems and 41 production systems. With four option years, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Before The Bell

Posted: 06 Apr 2011 01:00 AM PDT

04/06/11 The latest in news, commentary, and information on what’s moving the US equities markets prior to the NYSE opening … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Swissie Dominates The Japanese Yen; CHF/JPY Expansion Targets 98

Posted: 06 Apr 2011 05:54 AM PDT

The Japanese Yen Slides Across the Board (3/30 Video)
CHF/JPY

Medium  Term- The 4H chart shows a very persistent rally since the spike in March followed by its breaking above  a wedge pattern. The rally also brought the RSI in both the 4H and daily chart above 70.
- These are signs of a bullish breakout, so we can expect further bullish attempts if this is not a "blow-off" rally. The more likely scenario is that the market is developing an impulse wave up.
- The weekly chart … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Euro Climbs Pre-ECB, Pound Stumbles On Output Data, CHF Stiffens Post CPI

Posted: 06 Apr 2011 05:51 AM PDT

1. Euro Climbs Pre-ECB
The Euro was higher today, shrugging off the concerns around sovereign debt from yesterday, and surging past its recent resistance level hitting an intra-day high of 1.4346 early in the NY session.

Helping the Euro maintain its gains was a strong result from German factory orders, which rose 2.4% in February, following an upwardly revised 3.1% reading in January. Expectations had been for a smaller 0.6% increase. On the year, orders were up 20.1%, from 16% in January. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Euro Rallies To 11-month High Against Broadly Weaker Yen

Posted: 06 Apr 2011 05:51 AM PDT

Forex Pros – The euro rallied to an 11-month high against the broadly weaker yen on Wednesday, as investors geared up for a widely expected interest-rate hike by the European Central Bank later in the week.<br /><br />EUR/JPY hit 121.96 during European afternoon trade, the pair&rsquo;s highest since May 10, 2010; the pair subsequently consolidated at 121.87, jumping 0.98%.<br /><br />The pair was likely to find support at 119.31, Tuesday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Jon Kyl (R-AZ), Jeff Sessions (R-AL), And John Boehner (R-OH) Enter Sense On Cents Hall Of Shame

Posted: 06 Apr 2011 05:50 AM PDT

Let it be known that with this commentary the Sense on Cents Hall of Shame inducts Senator Jon Kyl (R-AZ), Senator Jeff Sessions (R-AL), and House Speaker John Boehner (R-OH). Why do they deserve this "honor"?
This past January 10th, I inquired, Which U.S. Senator Blocked the Whistleblower Protection Enhancement Act?, and wrote,

Let's bang the drum once again to promote truth, transparency and integrity. In this rendition, let's collectively work to expose the Congressional coward, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


U.S. Stock Futures Point Higher, Monsanto Gains; Dow Futures Add 0.5%

Posted: 06 Apr 2011 05:44 AM PDT

Forex Pros – U.S. stock futures pointed to a broadly higher open on Wednesday, amid speculation the U.S. economic recovery remained on track, while an upbeat earnings report boosted shares in agribusiness giant Monsanto ahead of the open.&nbsp; <br />&nbsp;<br />Dow Jones Industrial Average futures pointed a gain of 0.5%, the S&amp;P 500 futures indicated a rise of 0.6%, while Nasdaq 100 futures climbed 0.75%.<br /><br />On Tuesday, the minutes of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Cabela’s Expands In Canada

Posted: 06 Apr 2011 05:25 AM PDT

After the Winnipeg, Manitoba store and the upcoming Edmonton, Alberta store, Cabela's Inc. (NYSE:CAB) recently announced the opening of its third store in Saskatoon, Canada and plans to hire more than 100 people for the store.
Cabela's is all set to entice the residents of Saskatoon, Saskatchewan and its surrounding area by offering them its commendable and renowned customer service coupled with an array of products, such as hunting, camping, boating and wildlife-watching gear and outdoor … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GBP/USD Has Key Pivot At 1.6170 For Bullish Structure

Posted: 06 Apr 2011 05:24 AM PDT

GBP/USD in a Double Zig Zag to the 1.63 Fibonacci Cluster (4/5)
GBP/USD

Short to Medium Term- The rally int he GBP/USD is impressive. The structure could develop into a bullish one. So far the candlestick action and momentum point towards a bullish trend, but a step back, and we see that we are only trending within a ranging pattern, albeit one with a bullish bias, so there is more upside prospect.
- The 1.6350 level is acting as resistance at the moment. and a strong bearish candle has been … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Dollar Down Vs. Most Rivals As Euro Rallies Ahead Of ECB

Posted: 06 Apr 2011 05:07 AM PDT

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday and the euro rallied to a 14-month high supported by expectations that the European Central Bank will raise interest rates for the first time since 2008 on Thursday.<br /><br />During European afternoon trade, the greenback was lower against the euro, with EUR/USD rising 0.49% to hit 1.4292.<br /><br />Earlier Wednesday, official data showed that German manufacturing orders rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates


EUR/USD Breaks 1.4280 Pivot And Enters Heavy Resistance Zone

Posted: 06 Apr 2011 04:46 AM PDT

EUR/USD – The 1.4140-1.4150 Support Cluster (4/5)
EUR/USD

Short to Medium Term- The EUR/USD indeed bounced off the 1.4150 support area. The rally created a flag pattern, and saw a swing projection to 1.4360.
- This has broken the important 1.4280 pivot, confirmed with the RSI breaking above 70.
- Now if the market declines and finds support near 1.4250 and if the RSI in the 1H chart remains above 40, we should see further bullish attempts.
- The 4H chart shows the market in a channel, so … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Trims Gains After Weak U.K. Industrial Data

Posted: 06 Apr 2011 04:36 AM PDT

Forex Pros – The pound trimmed gains against the U.S. dollar on Wednesday, after data showing an unexpected drop in U.K. industrial output and stagnation in the manufacturing sector in February dampened expectations for a near-term interest rate hike by the Bank of England.<br /><br />GBP/USD eased back from 1.6363, a two-week high, to hit 1.6298 during European afternoon trade, up 0.03% on the day.<br /><br />Cable was likely to find support at 1.6090, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Euro Hits 14-month High Against Dollar On Rate Hike View

Posted: 06 Apr 2011 04:19 AM PDT

Forex Pros – The euro rallied to a 14-month high against the U.S. dollar on Wednesday, boosted by expectations that the European Central Bank will raise its benchmark interest rate this week despite the debt crisis in the bloc’s weaker economies.<br /><br />EUR/USD hit 1.4317 during European early afternoon trade, the pair&rsquo;s highest since January 19, 2010; the pair subsequently consolidated at 1.4304, advancing 0.57%.<br /><br />The pair was likely to find … [visit site to read more] or compare Best Credit Cards and Best CD Rates


State Street Files Application For 6 Active ETFs

Posted: 06 Apr 2011 04:00 AM PDT

State Street Global Advisors (SSgA), one of the largest providers of ETFs worldwide, has filed a registration statement with the SEC to bring to market six new actively-managed ETFs. The filing was made on April 1st, along with the registration of the SSgA Active ETF Trust through which the actively-managed ETFs will be launched. SSgA had previously been requesting for exemptive relief to launch active ETFs through the SPDR Series Trust and in Nov 2010 had amended that application to remove the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – USD/CHF Tumbles On Jump In Swiss Consumer Inflation

Posted: 06 Apr 2011 03:22 AM PDT

Forex Pros – The U.S. dollar tumbled to a four-day low against the Swiss franc on Wednesday, after Swiss consumer price inflation rose more-than-expected in March, raising expectations a euro zone rate rise will give the Swiss room to tighten too.<br /><br />USD/CHF hit 0.9160 during European late morning trade, the pair&rsquo;s lowest since March 31; the pair subsequently consolidated at 0.9171, tumbling 0.88%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Best CD Rates


GBP/USD Daily Outlook For April 7, 2011

Posted: 06 Apr 2011 03:19 AM PDT

By ForexMansion.com
 
For sure, as of 11:00 GMT, eyes will be on the BoE which will announce rate decision and Asset purchase target, where expectations are in favor of holding both steady at 0.50% and 200 billion pounds. Although expectations refer to no change in monetary policy, yet the BOE may surprise markets by either raising borrowing cost to halt the 4.4% inflation or expand the APF to boost growth that recorded 0.5% contraction in the fourth quarter.
Yesterday, UK manufacturing … [visit site to read more] or compare Best Credit Cards and Best CD Rates


USD/CHF Daily Outlook For April 7, 2011

Posted: 06 Apr 2011 03:18 AM PDT

By ForexMansion.com
The pair’s movement may witness calm trading due to the absence of fundamentals from the Swiss economy, where the pair’s movements are going to be determined by the data from the United States at 12:30 GMT which is expected to show that jobless claims fell to 385 thousands last week from 388 thousands a week before, which if matched forecasts may push the pair to the upside.
Yesterday, Swiss CPI retreated to 0.1% in March compared with the prior 0.4%. On the annual basis, … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex News – Gold Shines As Markets Prepare For The Storm

Posted: 06 Apr 2011 03:18 AM PDT

By ForexMansion.com
 
As tomorrow's central bank decisions from the ECB and BoE are looming, market participants are positioning themselves for what will be a stormy day. Markets have turned cautious this week yet with a tendency towards some riskier assets as Japan saw progress in its battle to contain the nuclear crisis.
The US FOMC Meeting Minutes report on Tuesday confirmed that the economy is making a stable progress which improves its economic outlook, yet it showed there are … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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