DailyMarkets.com - A Flaw In The Silver Topping Theory

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• A Flaw In The Silver Topping Theory
• Forex – Euro Hits 2-day Low Vs. Pound As Expected M&A Flow Weighs
• European Stocks Advance On M&A Activity; DAX Up 0.2%
• Euro Zone PPI Rises Less-than-expected In February
• Euro Zone PPI Rises Less-than-expected In February
• Forex – GBP/USD Boosted By PMI Data, Vodafone Deal
• NZD/USD Daily Outlook For April 05, 2011
• Forex Trading: Eurozone PPI For February
• Forex Trading: USD/CAD Testing Channel Support
• Forex – Dollar Mixed As Euro Eases Off Multi-month Highs
• Forex Trading: Euro-zone PPI In Less Than 10 Minutes….
• Euro Zone Sentix Investor Confidence Falls More-than-expected
• U.K. Construction PMI Falls Less-than-expected In March
• Forex Trading: Eurozone Sentix Investor Confidence
• AUD/USD Daily Outlook For April 05, 2011
• USD/JPY Daily Outlook For April 05, 2011
• Forex – USD/JPY Supported By BoJ Rate View, Nuclear Concerns
• Forex – NZD/USD Hits 2-month High As Commodity Prices Reach Record
• Forex – AUD/USD Eases Up To Fresh 29-year Peak
• Singapore Stock Market Update For Monday 04 April
• Asia Stocks Advance On Global Recovery Hopes; Nikkei Gains 0.1%
• Gold Daily Outlook For April 4, 2011
• EUR/USD Daily Outlook For April 4, 2011
• Forex – EUR/USD Steady As ECB Rate Hike View Supports
• Aggressive Growth Stock: Encore Wire
• Bull Of The Day: Accuray, Inc. (ARAY)
• Bear Of The Day: Everest Re Group, Ltd. (RE)
• Growth & Income Stock: Williams Partners LP
• Momentum Stock: Kronos Worldwide, Inc.
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Up In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During The Asian Session
• Forex – EUR/GBP Down In Asian Trade
• Forex – USD/JPY Up In Asian Trading Hours
• Forex – USD/CAD Down During The Asian Session
• Another Name For “Trade Deficit” Is “Capital Account Surplus,” Balance Of Payments Always = 0
• Forex – AUD/USD Up In Asian Trade
• Forex – GBP/CHF Up In Asian Trading Hours
• The U.S. Dollar’s Impact On Price Action In The S&P 500, Gold, & Oil
• Forex – EUR/USD Down During The Asian Session
• Forex – USD/JPY Up In Asian Trading Hours
• Forex – EUR/JPY Up In Asian Trade
• Cycle Review, Dont Tell The Retail Investor, But..

A Flaw In The Silver Topping Theory Posted: 04 Apr 2011 03:35 AM PDT There seems to be a lot of silver pundits calling for a major top in silver lately. There's basically two main reasons why they are calling for a top: 1) silver is currently stretched above its long term moving averages and 2) silver looks spiky on a chart. Anybody that has followed markets for a while and looked at charts knows that when they see things like that they should grow cautious. This is because they have most likely experienced the other side of a spike at least once, where … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Euro Hits 2-day Low Vs. Pound As Expected M&A Flow Weighs Posted: 04 Apr 2011 02:36 AM PDT Forex Pros &ndash; The pound rose to a two-day high against the euro on Monday, boosted by expectations for sterling positive mergers and acquisitions inflows after U.K. telecoms company Vodafone agreed to sell its stake in French mobile operator SFR.<br /><br />EUR/GBP hit 0.8793 during European morning trade, the pair&rsquo;s lowest since Thursday; the pair subsequently consolidated at 0.8808, shedding 0.30%.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

European Stocks Advance On M&A Activity; DAX Up 0.2% Posted: 04 Apr 2011 02:23 AM PDT Forex Pros &ndash; European stock markets advanced on Monday, amid increased merger and acquisition activity, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 eased up 0.1%, France&rsquo;s CAC 40 edged 0.07% higher, while Germany’s DAX 30 climbed 0.22%. <br /><br />Shares in French chemicals manufacturer Rhodia soared 48.4% after Belgian chemicals and plastics maker Solvay announced … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone PPI Rises Less-than-expected In February Posted: 04 Apr 2011 02:17 AM PDT Forex Pros &ndash; Producer price inflation in the euro zone rose slightly less-than-expected in February, official data showed on Monday.<br /><br />In a report, Eurostat said that its producer price index rose by 0.8% in February, after rising by 1.3% in January, whose figure was revised down from 1.5%. <br /><br />Analysts had expected the producer price index to increase by 0.9% in February. <br /><br />According to the data, the producer price index … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone PPI Rises Less-than-expected In February Posted: 04 Apr 2011 02:12 AM PDT Forex Pros &ndash; Producer price inflation in the euro zone rose slightly less-than-expected in February, official data showed on Monday.<br /><br />In a report, Eurostat said that its producer price index rose by 0.8% in February, after rising by 1.3% in January, whose figure was revised down from 1.5%. <br /><br />Analysts had expected the producer price index to increase by 0.9% in February. <br /><br />According to the data, the producer price index … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Boosted By PMI Data, Vodafone Deal Posted: 04 Apr 2011 02:12 AM PDT Forex Pros &ndash; The pound was higher against the U.S. dollar on Monday, after data showed that the rate of growth in the U.K.&rsquo;s construction sector slowed only slightly in March from February’s eight-month high.<br /><br />GBP/USD hit 1.6176 during European morning trade, the pair&rsquo;s highest since March 24; the pair subsequently consolidated at 1.6125, gaining 0.09%.<br /><br />Cable was likely to find support at 1.5970, Friday&rsquo;s low … [visit site to read more] or compare Best Credit Cards and Best CD Rates

NZD/USD Daily Outlook For April 05, 2011 Posted: 04 Apr 2011 02:05 AM PDT By ForexMansion.com   The New Zealand’s currency increased versus the U.S. dollar and the Australian dollar, as commodities prices gained which account for the majority of the nation's shipments, and Asian stocks extended a worldwide rally. Moreover, the Kiwi continued its upside movement following last week’s gains, as reports showed that China's manufacturing expanded at a faster pace last month and U.S. payrolls rose more than forecast, encouraging investors to seek riskier … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone PPI For February Posted: 04 Apr 2011 02:02 AM PDT Eurozone PPI m/m came in at 0.8%, stronger than the 0.7% expected. The prior month's reading of 1.5% was revised down to 1.3%. Eur/Usd is trading at 1.4198, a new session … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: USD/CAD Testing Channel Support Posted: 04 Apr 2011 01:59 AM PDT Since testing resistance on March 16th and 17th, the USD/CAD pair has traded continually lower and is now testing support at .96148 after closing below the 0.0% line at .96663. A close below this support line could be a bearish signal for further selling to occur. In the case of a turn-a-round, the first target back to the upside is … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Dollar Mixed As Euro Eases Off Multi-month Highs Posted: 04 Apr 2011 01:57 AM PDT Forex Pros &ndash; The U.S. dollar was mixed against its major counterparts on Monday, as the euro slipped lower on the view that expectations for a rate hike by the European Central Bank were now priced into the market.<br /><br />During European morning trade, the greenback was slightly higher against the euro, with EUR/USD slipping 0.09% to hit 1.4221.<br /><br />Earlier in the day, data showed that investor confidence in the euro zone fell more-than-expected in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Euro-zone PPI In Less Than 10 Minutes…. Posted: 04 Apr 2011 01:51 AM PDT … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Euro Zone Sentix Investor Confidence Falls More-than-expected Posted: 04 Apr 2011 01:43 AM PDT Forex Pros &ndash; Investor confidence in the euro zone fell more-than-expected in April, industry data showed on Monday.<br /><br />In a report, market research group, Sentix said its index of investor confidence declined to 14.2 in April, after climbing to 17.1 in March.<br /><br />Analysts had expected the index to fall to 16.1 in April.<br /><br />On the index, a level above 0.0 indicates optimism, below indicates pessimism.<br /><br … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.K. Construction PMI Falls Less-than-expected In March Posted: 04 Apr 2011 01:39 AM PDT Forex Pros &ndash; Britain’s construction sector activity fell less-than-expected in March, industry data showed on Monday.<br /><br />In a report, market research firm Markit and the Chartered Institute of Purchasing &amp; Supply said that their U.K. construction purchasing managers’ index fell to a seasonally adjusted 56.4 in March, down slightly from February&rsquo;s reading of 56.5. <br /><br />Economists had expected the index to decline to 54.8 in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex Trading: Eurozone Sentix Investor Confidence Posted: 04 Apr 2011 01:37 AM PDT Sentix Investor Confidence came in at 14.2, weaker than the 16.1 expected and prior reading of 17.1, According to the Sentix Institute the decline in confidence is due in part to surging oil prices, which boosted inflationand prompted the ECB to signal an interest rate increase. Eur/Usd holds steady at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

AUD/USD Daily Outlook For April 05, 2011 Posted: 04 Apr 2011 12:58 AM PDT By ForexMansion.com   The Australian currency has grabbed attention after it recorded the highest level of 1.0415 versus its major counterpart, the greenback, as gains in stocks worldwide increased demand for higher-yielding currencies such as the Aussie.   On Tuesday, the Australian economy is to present a number of important fundamentals, where it will issue its trade balance for the month of February at 01.30 GMT, which is expected to record a surplus.   On the other hand, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

USD/JPY Daily Outlook For April 05, 2011 Posted: 04 Apr 2011 12:58 AM PDT By ForexMansion.com   The USD/JPY traded at the beginning of the week in narrow ranges, as trading restricted around 84.00 levels, where the pair hit its highest level in six months following the release of employment data from the U.S. economy, before it returned to retreat later in a correctional movement to settle under 84.50 levels. Projections indicate that the upside movements are going to dominate the pair’s trading on the short term, in light of improved outlook for the U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Supported By BoJ Rate View, Nuclear Concerns Posted: 04 Apr 2011 12:51 AM PDT Forex Pros &ndash; The U.S. dollar edged higher against the yen on Monday, amid speculation that the Bank of Japan will be forced to hold interest rates at ultra-low levels for a long period and as concerns over the crippled Fukushima Daiichi nuclear plant weighed.<br /><br />USD/JPY hit 84.39 during early European trade, the daily high; the pair subsequently consolidated at 84.07, easing up 0.03%.<br /><br />The pair was likely to find support at 83.11, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Hits 2-month High As Commodity Prices Reach Record Posted: 04 Apr 2011 12:18 AM PDT Forex Pros &ndash; The New Zealand dollar surged to a two-month high against its U.S. counterpart on Monday, after a report showing that prices for New Zealand-produced commodities extended gains for a second month to reach a record high.<br /><br />NZD/USD hit 0.7704 during late Asian trade, the pair&rsquo;s highest since February 10; the pair subsequently consolidated at 0.7693, gaining 0.20%.<br /><br />The pair was likely to find support at 0.7580, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Eases Up To Fresh 29-year Peak Posted: 04 Apr 2011 12:05 AM PDT Forex Pros &ndash; The Australian dollar eased up to a fresh 29-year high against its U.S. counterpart on Monday, supported by increased risk appetite after Friday&rsquo;s better-than-expected U.S. employment data.<br /><br />AUD/USD hit 1.0417 during late Asian trade, the pair&rsquo;s highest since it was floated in December 1983; the pair subsequently consolidated at 1.0389, easing up 0.03%.<br /><br />The pair was likely to find support at 1.0312, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Singapore Stock Market Update For Monday 04 April Posted: 03 Apr 2011 11:50 PM PDT Market resumes its orginial uptrend after March selldown despite to Japan crisis. We believe Japan crisis will not derail the overall economy. We can expect market to finish high by the end of 2011. Stock with positions Sembcorp enter 5.23 SL 4.73 (trail at 4.75) Kepcorp enter 12.56 SL 11.24 Most stocks experience steep pullback, so we expect this stocks to go sideways for the time being. Generally, market is rather choppy. Please trade with due … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Asia Stocks Advance On Global Recovery Hopes; Nikkei Gains 0.1% Posted: 03 Apr 2011 11:48 PM PDT Forex Pros &ndash; Asian stock markets advanced on Monday, as indications the global economic recovery was strengthening lifted market sentiment, while Japanese exporters performed strongly on the back of a weaker yen.&nbsp; <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index jumped 1.1%, South Korea’s Kospi Composite added 0.24%, while Japan&rsquo;s Nikkei 225 Index eased up 0.11% <br /><br />On Friday, the U.S. Department of Labor said that the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Gold Daily Outlook For April 4, 2011 Posted: 03 Apr 2011 11:38 PM PDT By CommoditiesMansion.com   Gold descended Friday after the US economy added more than 215.0 thousand jobs last month while unemployment dropped to 8.8 percent, damping demand for safety as recovery persist in the world's leading economy in a strong pace. The need of stimulus measures presented by the Fed last year may come to an end sooner than June's deadline, which would cause the dollar to rise against majors as recovery persist in the country. Further bearishness is expected for … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/USD Daily Outlook For April 4, 2011 Posted: 03 Apr 2011 11:37 PM PDT By ForexMansion.com   The EUR/USD pair moved to lower Friday after the US economy added more than 215.0 thousand jobs last month while unemployment dropped to 8.8 percent, spurring demand for low yielding assets. The European shared currency is expected to rise slightly Monday where the only news affecting trading will be the PPI index (09:00 GMT) that is highly expected to rise as cost of input increased on producers in February due to unrest in MENA area which drove oil higher and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Steady As ECB Rate Hike View Supports Posted: 03 Apr 2011 11:31 PM PDT Forex Pros &ndash; The euro was trading close to a five-month peak against the U.S. dollar on Monday, supported by the view that the European Central Bank will almost certainly raise interest rates later this week.<br /><br />EUR/USD hit 1.4268 during late Asian trade, the pair&rsquo;s highest since November 4; the pair subsequently consolidated at 1.4235, easing up 0.01%.<br /><br />The pair was likely to find support at 1.4114, last Thursday&rsquo;s low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Aggressive Growth Stock: Encore Wire Posted: 03 Apr 2011 11:05 PM PDT Encore Wire Corp (NASDAQ:WIRE) saw its top line swell last quarter thanks to both rising prices and volume. Earnings have turned around and estimates are on the rise. This Zacks #1 Rank (Strong Buy) also boasts a rock-solid balance sheet and has plenty of upside. Company Description Encore Wire manufactures a broad range of copper electrical wire for interior wiring in homes, apartments, manufactured housing and commercial and industrial buildings. Sales Spike 45% On Feb 22 Encore Wire reported its … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bull Of The Day: Accuray, Inc. (ARAY) Posted: 03 Apr 2011 11:05 PM PDT We upgrade our recommendation on Accuray Inc. (NASDAQ:ARAY) to Outperform following our assessment of its healthy second-quarter fiscal 2011 results and increased visibility on the stock. Earnings per share of $0.07 comfortably beat the Zacks Consensus Estimate of a loss of $0.02. The company swung to profit in the quarter as a decline in operating expenses offset lower revenues. Accuray continues to enjoy strong demand for its CyberKnife robotic radiosurgery as reflected by increasing number of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Bear Of The Day: Everest Re Group, Ltd. (RE) Posted: 03 Apr 2011 11:05 PM PDT We are downgrading our recommendation on shares of Everest Re (NYSE:RE) as we believe that its top-line growth will remain somewhat restricted due to the expected decline in the casualty line as a result of tough market conditions. Additionally, the potential for future reserve additions remains a challenge. Everest estimates its first quarter 2011 pre-tax losses to range between $140 million and $210 million, owing to the deadly February 2011 New Zealand earthquake. The Australian floods will … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Growth & Income Stock: Williams Partners LP Posted: 03 Apr 2011 11:05 PM PDT Williams Partners L.P. (NYSE:WPZ) is a master limited partnership yielding an impressive 5.7%. The partnership is also expected to grow earnings per unit by 22% in 2011. This growth should allow Williams Partners to increase its distribution by 6-10% in both 2011 and 2012. It is a Zacks #2 Rank (Buy) stock. Business Description Williams Partners L.P. is an integrated natural gas company. It primarily finds, produces, gathers, processes and transports natural gas. The Williams Companies (NYSE:WMB) … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Momentum Stock: Kronos Worldwide, Inc. Posted: 03 Apr 2011 11:05 PM PDT Kronos Worldwide, Inc. (NYSE:KRO) is looking like a momentum high flyer, recently jumping to a new multi-year high on another strong quarter of earnings. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock is trading strong. Company Description Kronos Worldwide, Inc. engages in the production and marketing of titanium dioxide pigments, AKA specialty chemicals, in North America and Europe. The company was founded in 1989 and has market cap of $3.38 billion. Although … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 03 Apr 2011 10:40 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4226, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.4053, Wednesday&rsquo;s low, and resistance at 1.4268, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.33% to hit 0.8807 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Up In Asian Trade Posted: 03 Apr 2011 10:15 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6164, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.5973, Friday&rsquo;s low, and resistance at 1.6168, today&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.37% to hit 0.8803 and GBP/JPY rising 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/CHF Down In Asian Trading Hours Posted: 03 Apr 2011 09:50 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.3142, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 1.2933, Thursday&rsquo;s low, and resistance at 1.3186, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.08% to hit 1.4224 and EUR/JPY rising 0.05% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Up During The Asian Session Posted: 03 Apr 2011 09:20 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.9240, up 0.01% at time of writing.<br/><br/> The pair was likely to find support at 0.9127, Thursday&rsquo;s low, and resistance at 0.9340, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.4225 and USD/JPY rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/GBP Down In Asian Trade Posted: 03 Apr 2011 09:00 PM PDT Forex Pros – The Euro was lower against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8815, down 0.24% at time of writing.<br/><br/> The pair was likely to find support at 0.8753, Wednesday&rsquo;s low, and resistance at 0.8853, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.09% to hit 1.4222 and EUR/JPY rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up In Asian Trading Hours Posted: 03 Apr 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 84.24, up 0.21% at time of writing.<br/><br/> The pair was likely to find support at 82.42, Wednesday&rsquo;s low, and resistance at 84.73, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.09% to hit 1.4222 and GBP/USD rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Down During The Asian Session Posted: 03 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9628, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.9626, today&rsquo;s low, and resistance at 0.9754, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.08% to hit 1.4224 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Another Name For “Trade Deficit” Is “Capital Account Surplus,” Balance Of Payments Always = 0 Posted: 03 Apr 2011 08:07 PM PDT Here’s another look at the balance of payments data back to 1980 (BEA data here), demonstrating graphically Don Boudreaux’s statement that “another name for "U.S. trade deficit" is the "U.S. capital-account surplus" – that is, inflows of investment funds into America that supply (directly or indirectly) financing for more capital creation in America.” As a direct consequence of our current account deficits, the U.S. economy has been the beneficiary of more than $8 trillion worth of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Up In Asian Trade Posted: 03 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0390, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.0270, Wednesday&rsquo;s low, and resistance at 1.0417, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.09% to hit 1.3694 and AUD/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/CHF Up In Asian Trading Hours Posted: 03 Apr 2011 07:05 PM PDT Forex Pros – The British Pound was higher against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.4908, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.4628, Thursday&rsquo;s low, and resistance at 1.4948, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.08% to hit 1.6123 and EUR/GBP falling 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The U.S. Dollar’s Impact On Price Action In The S&P 500, Gold, & Oil Posted: 03 Apr 2011 06:55 PM PDT I was starting to put on my bullish hat on Friday morning when out of the blue an ugly close has forced me to rethink my position. After viewing a few hundred charts, I have determined that while I am still leaning into higher prices at this point in time, I will not totally rule out a rollover on the S&P 500. In coming days the news flow will be extreme and headline risk will be everywhere we look. The S&P 500 has been able to deflect worry for quite some time now and in every case the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down During The Asian Session Posted: 03 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4228, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4053, Wednesday&rsquo;s low, and resistance at 1.4268, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.12% to hit 0.8825 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up In Asian Trading Hours Posted: 03 Apr 2011 06:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 84.12, up 0.07% at time of writing.<br/><br/> The pair was likely to find support at 82.42, Wednesday&rsquo;s low, and resistance at 84.73, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.06% to hit 1.4244 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/JPY Up In Asian Trade Posted: 03 Apr 2011 05:25 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 119.94, up 0.25% at time of writing.<br/><br/> The pair was likely to find support at 116.24, Wednesday&rsquo;s low, and resistance at 120.06, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.19% to hit 1.4262 and EUR/GBP rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cycle Review, Dont Tell The Retail Investor, But.. Posted: 03 Apr 2011 09:46 AM PDT In Richard Wyckoff writings he suggest that the retail investor is always the last in, they tend to buy at the tops and sell at the bottoms. We dont tell them, just between you and me, we are closer to a top than a bottom. I recently saw dshort.com QRAtio market valuation of stocks and it also suggest that stocks are handsomely priced. Lets review some cycles to find if we concur. Please view the donuts in the charts. First dshort.com QRatio. I have added the annotations: red circles, roman … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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