Monday, April 25, 2011

DailyMarkets.com - Gold And Silver Set Record Highs On China Buying Bets, Oil Eyes April Top

DailyMarkets.com - Gold And Silver Set Record Highs On China Buying Bets, Oil Eyes April Top


Gold And Silver Set Record Highs On China Buying Bets, Oil Eyes April Top

Posted: 25 Apr 2011 01:21 AM PDT

Commodities – Energy
Crude Oil Sets Sights on April High
WTI Crude Oil (NY Close): $112.29 // +0.84 // +0.75%
Prices are on pace to test the April 11 high at $113.44, a barrier reinforced by support-turned-resistance at a rising trend line set from the lows in mid-February, with a breakout to the upside exposing the $115.00 figure. Initial support lines up at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance.
Risk sentiment trends remain in focus, with short-term correlation … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bull Of The Day: Augme Technologies Inc.

Posted: 24 Apr 2011 11:05 PM PDT

Augme Technologies (AUGT) is a provider of interactive mobile advertising systems. The company has reached critical mass, and fiscal 2012 should be profitable with positive cash flow.
Mobile marketing is being driven by new technology and the expanding use of Internet enabled cell phones. The process is interactive and mobile marketing is more effective than traditional passive advertising.
Augme has increased its guidance for fiscal 2012 revenue from $12 million to $16 million and expects to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bear Of The Day: Badger Meter

Posted: 24 Apr 2011 11:05 PM PDT

Badger Meter (NYSE:BMI) delivered disappointing first quarter results, as EPS declined 39% year over year to $0.22 and fell short of the Zacks Consensus Estimate at $0.43.
Net sales dropped 7.2% year over year to $57.4 million, compared to the Zacks Consensus Estimate of $69 million. The increased sales of manual meters were not enough to offset the dismal sale of automatic meters.
This resulted in decreased gross margins as manual meters have lower margins compared with the automatic meters. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Growth & Income Stock: BGC Partners, Inc.

Posted: 24 Apr 2011 11:05 PM PDT

There is a lot for investors to like about BGC Partners, Inc. (NASDAQ:BGCP).
The company pays a dividend that yields a juicy 6.4%, analysts are projecting double-digit earnings growth over the next two years, and the stock trades at a PEG ratio below 1.0.
Moreover, estimates have been rising since the company reported strong fourth quarter results.
BGC Partners is a global intermediary to the financial markets, brokering a wide range of financial products.
Fourth Quarter Results
BGC Partners … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Aggressive Growth Stock: Hub Group, Inc.

Posted: 24 Apr 2011 11:05 PM PDT

Hub Group, Inc. (NASDAQ:HUBG) may have missed its latest quarterly EPS number, but that has not stopped analysts from raising estimates.
This Zacks #1 Rank (Strong Buy) is showing great year-over-year growth and that should continue through organically and through acquisition.
Company Description
Hub Group is a freight transportation management company offering intermodal, truck brokerage and logistic services. The company has over 30 offices throughout North America.
Solid Quarter
While Hub Group … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Momentum Stock: ComScore, Inc.

Posted: 24 Apr 2011 11:05 PM PDT

comScore, Inc. (NASDAQ:SCOR) recently hit a new multi-year high ahead of its Q1 results set for April 27. With a bullish growth projection and high industry rank, this Zacks #1 rank stock is a momentum high flyer.
Company Description
comScore, Inc. operates as a business intelligence company specializes in statistical and marketing analysis and strategies. The company was founded in 1999 and has a market cap of $924 million.
Take a look at a SCOR chart and you’ll see that this stock has posted some … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 24 Apr 2011 10:40 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4569, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4355, Wednesday&rsquo;s low, and resistance at 1.4648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.03% to hit 0.8822 and EUR/JPY rising 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 24 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 1.6518, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.6308, Wednesday&rsquo;s low, and resistance at 1.6599, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8820 and GBP/JPY rising 0.33% 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: 24 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 1.2900, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.2801, Thursday&rsquo;s low, and resistance at 1.2973, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.01% to hit 1.4563 and EUR/JPY rising 0.35% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Up During The Asian Session

Posted: 24 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 0.8863, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 0.8782, Thursday&rsquo;s low, and resistance at 0.8997, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.05% to hit 1.4554 and USD/JPY rising 0.38% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/GBP Down In Asian Trade

Posted: 24 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 0.8816, down 0.05% at time of writing.<br/><br/> The pair was likely to find support at 0.8784, Thursday&rsquo;s low, and resistance at 0.8879, 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 0.11% to hit 1.4546 and EUR/JPY rising 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Singapore Stock Market Update For Monday 25 April

Posted: 24 Apr 2011 08:37 PM PDT

Rally continues but be cautious as we will expect a pullback soon… So hang in there~

Short term trading
F&N enter 6.15 SL 6.54

Medium term tradinf
Kepcorp enter 12.56 SL 11.24 (trailing at 11.94)
Sembcorp enter 5.23 SL 4.73 (trailing at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up In Asian Trading Hours

Posted: 24 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 82.23, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 81.62, Thursday&rsquo;s low, and resistance at 83.10, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.16% to hit 1.4538 and GBP/USD falling 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Down During The Asian Session

Posted: 24 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 0.9532, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 0.9454, Thursday&rsquo;s low, and resistance at 0.9558, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.13% to hit 1.4544 and GBP/USD falling 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Canadian Dollar To Appreciate Some More?

Posted: 24 Apr 2011 07:49 PM PDT

It's been awhile since I posted about the forex market. But guess what? I'm back in the FX trading arena! So as I was scanning through the charts of the major currency, the USDCAD got my attention in a snap!
USDCAD's recent price action as can be seen in its 4-hour chart above is one of the bread and butter set-ups that I often trade. You see, the US dollar has just rallied against the Canadian dollar or the loonie as some would call it after the USDCAD pair hit a low of 0.9454 last April … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Obama Re-Election Odds Trending Down, But > 50%

Posted: 24 Apr 2011 07:32 PM PDT

Obama’s re-election odds have fallen to 58% on Intrade.com, the lowest level since early January, and down from the nearly 65% peak around March 1 (see chart above, click to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Down In Asian Trade

Posted: 24 Apr 2011 07:30 PM PDT

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0728, down 0.07% at time of writing.<br/><br/> The pair was likely to find support at 1.0540, Wednesday&rsquo;s low, and resistance at 1.0776, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.07% to hit 1.3556 and AUD/JPY rising 0.50% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/CHF Up In Asian Trading Hours

Posted: 24 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 1.4635, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.4546, Thursday&rsquo;s low, and resistance at 1.4690, Wednesday&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 0.08% to hit 1.6497 and EUR/GBP falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Washington Job-Destroying Hubris Gone Wild

Posted: 24 Apr 2011 06:50 PM PDT

Can Washington bureaucrats force a private company like Boeing to build a factory in the forced-union state of Washington (or move it there now?), even though Boeing’s new factory in right-to-work South Carolina is nearly complete and it’s hired more than 1,000 new employees? Members of President Obama’s National Labor Relations Board are trying.

Read about it here in the Washington Examiner. 

HT: Matt B. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 24 Apr 2011 06:35 PM PDT

Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4573, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 1.4355, Wednesday&rsquo;s low, and resistance at 1.4648, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.11% to hit 0.8830 and EUR/JPY rising 0.56% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bank Of Israel Holds Benchmark Interest Rate At 3.00%

Posted: 24 Apr 2011 06:25 PM PDT

The Bank of Israel held its benchmark lending rate unchanged at 3.00% on the back of lower inflation expectations.  Israel recorded inflation of 4.3% in March; above the inflation target of 1-3%.  On the housing market the Bank noted “House prices continued to increase this month, and in the last twelve month have risen by 16.1 percent.” and said that it was “considering the introduction in the near future of additional measures in the housing credit field”.  The Israeli economy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Up In Asian Trading Hours

Posted: 24 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 82.20, up 0.39% at time of writing.<br/><br/> The pair was likely to find support at 81.62, Thursday&rsquo;s low, and resistance at 83.10, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.4579 and GBP/USD rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/JPY Up In Asian Trade

Posted: 24 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 119.86, up 0.52% at time of writing.<br/><br/> The pair was likely to find support at 118.64, Thursday&rsquo;s low, and resistance at 120.39, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.21% to hit 1.4592 and EUR/GBP rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Batteries Not Included

Posted: 23 Apr 2011 03:09 PM PDT

Here in these pages, I have been a believer that the free market works but one of the pre-conditions of that form of market efficiency is full disclosure. So it was with a shock that I found this article from the Ottawa Citizen that revealed that Canada’s purchase of the F-35 fighter jets does not include an engine:
The multi-million dollar F-35 stealth fighter that the Conservatives want to purchase comes with all the accoutrements of a high-tech aircraft — everything, that is, except an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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