Monday, April 18, 2011

DailyMarkets.com - Silver And Gold Continue Explosive Rally As S&P Downgrades U.S. Debt

DailyMarkets.com - Silver And Gold Continue Explosive Rally As S&P Downgrades U.S. Debt

Silver And Gold Continue Explosive Rally As S&P Downgrades U.S. Debt

Posted: 18 Apr 2011 11:16 AM PDT

Regardless of whether a compromise is reached over the approaching lockdown of the United States ceiling and the raising of the debt, this impasse has momentous significance for holders of gold (SPDR Gold Shares (GLD)) and silver (iShares Silver Trust (SLV)). The serious weaknesses of our economic structure is exposing it as a paper tiger. Instead of seeking fiscal sanity, the inability of our leaders to agree on even the smallest of issues is reminiscent of the Roman Empire … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In U.S. Trade

Posted: 18 Apr 2011 11:15 AM PDT

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0511, down 0.55% at time of writing.<br/><br/> The pair was likely to find support at 1.0429, Wednesday&rsquo;s low, and resistance at 1.0579, Friday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.77% to hit 1.3547 and AUD/JPY falling 1.28% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down During The U.S. Session

Posted: 18 Apr 2011 10:45 AM PDT

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Monday.<br/><br/> NZD/USD was trading at 0.7879, down 1.47% at time of writing.<br/><br/> The pair was likely to find support at 0.7838, Wednesday&rsquo;s low, and resistance at 0.8004, Monday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.75% to hit 1.3317 and EUR/NZD falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

“S&P Downgrade…body Blow To Equity Markets “

Posted: 18 Apr 2011 10:36 AM PDT

04/18/11 Sunrise Securities’ Ben Willis weighs in on the S&P downgrade of the outlook for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hungary Central Bank Holds Interest Rate At 6.00%

Posted: 18 Apr 2011 10:14 AM PDT

The Magyar Nemzeti Bank held its main policy rate, the two-week deposit interest rate, unchanged at 6.00%.  Hungary reported inflation of 4.5% in March, slightly higher than the 4.1% recorded in February, and higher than the central bank’s target of 3%.  Core inflation also rose to an annual 2.5% in March compared to 1.9% in February.  The Bank Said: “If incoming data suggest a greater pass-through from the cost shocks, it may be necessary to tighten current monetary conditions … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Risk Aversion Dominates Forex Trade

Posted: 18 Apr 2011 05:00 AM PDT

04/18/11 Risk aversion has returned to the forex markets to start the week as speculation of a Greek default … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In U.S. Trade

Posted: 18 Apr 2011 10:00 AM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6244, down 0.51% at time of writing.<br/><br/> The pair was likely to find support at 1.6166, today&rsquo;s low, and resistance at 1.6384, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.85% to hit 0.8763 and GBP/JPY falling 1.39% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NASDAQ’s Fresh Attempts To Woo NYSE

Posted: 18 Apr 2011 09:55 AM PDT

Despite that NYSE refused NASDAQ's $11.3 billion take over offer earlier last week, NASDAQ OMX Group Inc. (NASDAQ:NDAQ) appears to still be very game to merge with NYSE Euronext Inc. (NYSE:NYX). On Friday, NYSE was reported to be open to selling its American Stock Exchange (Amex) in order to mitigate an antitrust concern, which was one of many reasons for NYSE's refusal.
Last Monday, NYSE affirmed its $10.0 billion merger deal with Frankfurt-based Deutsche Boerse AG, discarding NASDAQ and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Close Lower; Dax Down 2.11%

Posted: 18 Apr 2011 09:55 AM PDT

Forex Pros – European stocks were down after the closing bell on Monday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX fell 2.11%, London&rsquo;s FTSE 100 shed 2.10%, France&rsquo;s CAC 40 declined 2.35% and the EURO STOXX 50 was down 2.44%.<br/><br/> Meanwhile, on Wall Street, equity markets were down after the open. The Dow Jones Industrial Average was down 1.78%; the S&P 500 index shed 1.60%, while the Nasdaq 100 index declined … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Slides On Demand Concerns

Posted: 18 Apr 2011 09:45 AM PDT

04/18/11 With prices at the pump rising, investors are now concerned that crude demand will soon decline. Therefore pushing frontm onth prices slightly lower to start the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Transocean’s April Rig Status

Posted: 18 Apr 2011 09:35 AM PDT

In the April fleet update report, Transocean Ltd. (NYSE:RIG) announced that it has stacked one deepwater rig, Transocean Richardson and two midwater floaters, Sedco 601 and J.W. McLean, due to drop in demand. The company has also put two shallow-water rigs, GSF Britannia and GSF Labrador, up for sale.
The deepwater Transocean Richardson operated off the coast of Angola at $340,000 per day for Chevron Corp (NYSE:CVX). The two midwater rigs earned more than $250,000 per day, with Sedco 601 working in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: ProLogis

Posted: 18 Apr 2011 09:35 AM PDT

ProLogis (PLD), one of the leading global providers of distribution facilities, is scheduled to report its fiscal 2011 first quarter earnings on April 20, 2011. The current Zacks Consensus Estimate for the first quarter earnings is 15 cents per share, representing a year-over-year growth of about 16%.

Fourth Quarter Recap

ProLogis reported fourth quarter 2010 recurring FFO (fund from operations) of 25 cents per share, beating the Zacks Consensus Estimate by 8 cents. Fund from Operations is a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Republic Services Redeems Notes

Posted: 18 Apr 2011 09:35 AM PDT

Republic Services Inc. (NYSE:RSG) announced that it will redeem its 7.125% Senior Notes due 2016 on May 16, 2011. The Notes will be redeemed at 103.563% of the principal amount of the Notes plus accrued and unpaid interest.
To fund the redemption, Republic Services intends to use incremental borrowings under its revolving credit facility and cash on hand. The company may also explore capital market opportunities to fund the redemption if market conditions are favorable.
For the redemption, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gannett Misses By A Penny

Posted: 18 Apr 2011 09:35 AM PDT

Gannett Company, Inc. (NYSE:GCI), the publisher of the nation’s one of the largest-selling daily newspaper USA Today, posted lower-than-expected first-quarter 2011 results, reflecting soft publishing advertising demand, and absence of advertising related to Olympics and Super Bowl as well as political spending. However, these were offset, to some extent, by effective cost management. Operating expenses, excluding one-time items, dropped 2.2% from the prior-year quarter.
The quarterly earnings of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Charting Surging Stock Abercrombie And Fitch ANF Into Weekly Resistance

Posted: 18 Apr 2011 09:34 AM PDT

Earlier, I mentioned that retailer Abercrombie & Fitch snuck its way onto the "Top 5 Most Extended Stocks from the 200d SMA" list and that it was worth checking out for more analysis.
Indeed, ANF is at a critical pivot or turning point on its weekly chart that will determine whether this strong power-rally continues… or as the chart suggests, takes a slight/small breather here into a critical weekly resistance level.
Let's see the Weekly Chart first:

Cutting right to the point, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold And Silver: Bearish Divergence; 5-Wave Rally Structure

Posted: 18 Apr 2011 09:32 AM PDT

Gold and Silver Targets and Support Pivots (4/13)
Bullish Continuation in Gold and Silver Points to Further USD Weakness (4/14 Video)
Gold (XAU/USD)Short to Medium Term
- There are some signs that a short-term to medium term correction could be ahead . Price action has not shown any topping yet, but the momentum shown by the RSI is slowing.
- There is a bearish divergence seen in the 4H chart, and a possible one forming in the daily chart.
- Another clue that the market might slow down is that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Dollar: Key ST Resistance At 995

Posted: 18 Apr 2011 09:19 AM PDT

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

Australian Dollar: Under Pressure

Posted: 18 Apr 2011 09:18 AM PDT

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

Forex Trading: EURUSD Moves To Test 38.2% Of The Last Leg Down

Posted: 18 Apr 2011 09:10 AM PDT

The EURUSD is testing the 38.2% of the move down from the 1.4349 high after the S&P announcement and the low at 1.4155. That level comes in at 1.4230.
In a trend move, traders like to follow what happens at the 38.2% retracement of "unsustainable" moves. The leg down off the high took the EURUSD nearly 200 pips … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Stryker

Posted: 18 Apr 2011 09:05 AM PDT

Orthopedic devices major Stryker Corporation (NYSE:SYK) is expected to release its first-quarter fiscal 2011 results on Tuesday, April 19, after the closing bell. Although the Michigan-based company has not divulged any specific financial targets for the quarter, it expects foreign currency to favorably impact sales by roughly 0% to 1%.
The current Zacks Consensus Estimate for first quarter is 89 cents, representing an estimated 11.55% year over year growth. With respect to earnings surprise, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: CSX Corporation

Posted: 18 Apr 2011 09:05 AM PDT

CSX Corporation (NYSE:CSX), one of the leading rail transportation companies, is slated to release its first quarter 2011 results on Tuesday, April 19, after the closing bell. The current Zacks Consensus Estimate for first quarter earnings is pegged at $1.04 per share, representing an annualized growth of 33.24%.
Fourth-Quarter and Fiscal 2010 Performance
CSX Corp.'s fourth quarter and fiscal 2010 financial results surpassed the respective estimates. Fourth quarter earnings of $1.14 per share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Citi Scrapes Through, Misses Rev

Posted: 18 Apr 2011 09:05 AM PDT

Citigroup Inc. (NYSE:C) reported first quarter 2011 earnings of 10 cents per share, a penny ahead of the Zacks Consensus Estimate. The result also improved from the prior quarter earning's of 4 cents but fell short 14 cents earned in the year-ago quarter.
The slightly better-than-expected result was driven by a fall in provisions forcredit losses as well as benefits and claims. Yet the top-line headwind at Citigroup continued, with revenue dropping from the prior-year period and falling behind … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of European Session

Posted: 18 Apr 2011 09:00 AM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4213, down 1.50% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, today&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.92% to hit 0.8756 and EUR/JPY falling 2.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Scan Top 5 Most Extended From 200d SMA

Posted: 18 Apr 2011 08:54 AM PDT

With the market breaking sharply down this morning, let's take an updated look at the current Top 5 Stocks Most Over and Under-extended from their 200 day Simple Moving Averages.
As a reminder, we use this simple screen for two main divergent strategies:
First, if you want to play trend (market) continuity strategies, you'll want to know what the strongest stocks are so you can profit from the relative strength of the winners (buying on pullbacks or breakouts) and then potentially … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of European Session

Posted: 18 Apr 2011 08:40 AM PDT

Forex Pros – The Euro was lower against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4211, down 1.51% at time of writing.<br/><br/> The pair was likely to find support at 1.4157, today&rsquo;s low, and resistance at 1.4520, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.88% to hit 0.8760 and EUR/JPY falling 2.34% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Higher Yielding Currencies Dumped For Safe Havens, As Debt Woes Hit Euro-zone And US

Posted: 18 Apr 2011 08:35 AM PDT

We have seen the currency market take a sharp turn towards risk aversion, with a pull back in higher yielding currencies in favor of safe haven. Commodity currencies like the AUD, NZD, CAD as well as European higher yielders – the EUR and GBP – fell to the low interest rates currencies of the JPY, CHF, and USD.
In two articles already on FXTimes we outlined the 2 key stories to start the week – the concerns that Greece needs to restructure its debt and that S&P changed its outlook … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Falls Toward 38.2% Of The Move Up From The Lows

Posted: 18 Apr 2011 08:31 AM PDT

The USDJPY has been under pressure on buying of JPY as a safe haven currency today.  The pair has moved to a low today of 82.17 and hase moved below the 100 day MA for the 1st time since March 30th, 2011. There is support at the 82.03 level which is the 38.2% of the move up from the March lows to the high reached on April 6th.  The level also corresponds with old trendline support from October 2010 to March 2011 (see chart … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Philips Disappoints

Posted: 18 Apr 2011 08:25 AM PDT

Royal Philips Electronics (PHG) posted revenues of €5.257 billion ($7.1 billion) for the first quarter of 2011 with earnings per share at €0.14 (19 cents). 
Healthcare sales increased by 5% and were helped by robust performance at Patient Care and Clinical Informatics and Home Healthcare Solutions while Imaging Systems and Customer Services also showed single-digit growth. Consumer Lifestyle sales were in line with the year-ago quarter.
Double-digit growth in emerging markets was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of European Session

Posted: 18 Apr 2011 08:20 AM PDT

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 82.32, down 1.00% at time of writing.<br/><br/> The pair was likely to find support at 82.19, today&rsquo;s low, and resistance at 84.26, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.71% to hit 1.4183 and GBP/USD falling 0.89% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Wolverine

Posted: 18 Apr 2011 08:05 AM PDT

Wolverine World Wide, Inc. (NYSE:WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its first-quarter 2011 financial results before the bell on Tuesday, April 19, 2011. The current Zacks Consensus Estimate for the quarter is 66 cents a share. For the quarter under review, revenue is $324 million, according to the Zacks Consensus Estimate.
Fourth-Quarter 2010, a Synopsis
On February 1, 2011, Wolverine reported fourth-quarter 2010 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: General Dynamics Corporation

Posted: 18 Apr 2011 08:05 AM PDT

General Dynamics Corporation (GD) is scheduled to report its first quarter 2011 earnings results before market opens on April 27. The Zacks Consensus Estimate for the first quarter is earnings of $1.61 per share, up from $1.54 earned in the year-earlier quarter. For full year 2011, the Zacks Consensus Estimate stands at $7.13 per share, representing a 4.60% increase from the prior-year earnings of $6.82 per share. The full year 2012 earnings estimate is currently $7.67.
Previous Quarter … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Eli Lilly Takes A Hit, 1Q Net Profit Falls 15%

Posted: 18 Apr 2011 08:00 AM PDT

04/18/11 Drugmaker Eli Lilly and Co. announced Monday that its 1Q profit fell 15% on severance costs and an overhaul of the US health care … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down Toward The End Of European Session

Posted: 18 Apr 2011 08:00 AM PDT

Forex Pros – The British Pound was lower against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6198, down 0.80% at time of writing.<br/><br/> The pair was likely to find support at 1.6192, today&rsquo;s low, and resistance at 1.6384, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.79% to hit 0.8768 and GBP/JPY falling 1.92% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Word From The Floor: US Stocks Tumble On S&P Downgrade Of US Outlook

Posted: 18 Apr 2011 07:55 AM PDT

04/18/11 The major US stock averages tumbled over 1.5%, following Standard & Poor’s downgrade of the outlook for the United … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The European Session

Posted: 18 Apr 2011 07:40 AM PDT

Forex Pros – The British Pound was lower against the Japanese Yen on Monday.<br/><br/> GBP/JPY was trading at 134.33, down 1.06% at time of writing.<br/><br/> The pair was likely to find support at 134.25, today&rsquo;s low, and resistance at 137.22, 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 0.35% to hit 1.6272 and EUR/GBP falling 0.86% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Arotech Corp. Is Diversified And Growing

Posted: 18 Apr 2011 07:35 AM PDT

Ken Nagy, CFA
Arotech Corp. is Diversified and Growing

Arotech Corporation (ARTX) is a defense and security products and services company, engaged in three business areas: interactive simulation for military, law enforcement and commercial markets; batteries and charging systems for the military; and high-level armoring for military and nonmilitary air and ground vehicles. ARTX has a very strong diversified revenue stream which cuts across both foreign and domestic military, municipalities, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Yum! Brands

Posted: 18 Apr 2011 07:35 AM PDT

Quick service restaurant company, Yum! Brands Inc. (NYSE:YUM) is slated to release its first quarter 2011 results on April 20, after the closing bell. The current Zacks Consensus Estimate for first quarter earnings is 64 cents per share on revenue of $2,379.0 million. 
Yum! Brands has outperformed the Zacks Consensus Estimate over the trailing four quarters, with earnings surprises varying in the range of 1.39% to 11.32%. The average earnings surprise was 6.28%. This implies that the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fluor Emphasizes Predictive Maintenance

Posted: 18 Apr 2011 07:35 AM PDT

Fluor Corporation (NYSE:FLR) announced that it will team with Azima DLI to provide clients with an all-inclusive solution for their industrial predictive maintenance needs.
Fluor will harness its global operations and maintenance resources and expertise including site-based data collection, analysis and corrective action planning. Predictive maintenance programs have the potential for early detection and correction of equipment challenges.
Fluor stands out as one of the few engineering and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

We Should Know By Easter

Posted: 18 Apr 2011 07:35 AM PDT

While the first quarter earnings season "officially" kicked off last week when Alcoa (NYSE:AA) reported, it was a slow start. We have just 32 (6.4%) first quarter reports in. It will pick up steam this week, when 111 members of the S&P 500 are due to report.

This week's reporters are a virtual who's who of American business, from Apple (NASDAQ:AAPL) to Verizon (NYSE:VZ) and from Ford (NYSE:F) to McDonald's (NYSE:MCD). While far too early to draw any conclusions, it looks like we are off to a good … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

S&P’s Lack Of Confidence In Washington

Posted: 18 Apr 2011 07:22 AM PDT

Standard & Poor's decision this morning to place the credit rating of the United States on negative watch is long overdue. While the impact of S&P's announcement is immediately reflected by a decline in the equity markets of approximately 1.5%-2.0%, the real target of this release is Washington D.C..
In layman's terms the S&P release is voicing a lack of confidence in the credibility of both parties in Washington to deal with our financial house. We should not be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Notes On Yen-Strength Seen In USD/JPY, EUR/JPY, GBP/JPY, CHF/JPY

Posted: 18 Apr 2011 07:19 AM PDT

The Japanese yen is attempting to make an about face to the weakness following the G7 intervention. It is coming close to challenging the notion that this strength that started last week, is just a correction. Let's take a look at some important levels in yen-crosses that could offer clues to whether yen-strength is coming back.
USD/JPY
- The 4H chart of the USD/JPY shows it testing the 200SMA. A bounce from here would be a sling shot scenario.
- A break back above the 83.60 pivot then above … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merrill Lynch Lawyer Told Eliot Spitzer: “Be Careful, We Have Powerful Friends”

Posted: 18 Apr 2011 06:29 AM PDT

Is the need to repair the health of our financial system SO GREAT, that we should be willing to allow the basic rights of individuals and the laws of our land to be trampled and violated in the process? In my opinion, this very question is central to the rage that burns in so many hearts across our great land.
Bailing out banks may be anathema to those who love and cherish capitalism BUT not pursuing justice and real accountability for the transgressions of those individuals and those … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ortac Resources Launches New Drilling Programme At Kremnica Gold Project

Posted: 18 Apr 2011 02:54 AM PDT

Ortac Resources (LON:OTC) , the AIM quoted gold exploration and development company working in Slovakia, has launched a drilling campaign at its Kremnica gold project. The programme is scheduled to involve 5,000 metres of diamond drilling and is being carried out in tandem with a scoping study of the project.

Kremnica already boasts a JORC-compliant resource of 1.1 million ounces of gold but Ortac now wants to take closer look at areas of the deposit where there is currently little or no … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Why I BackTest And The TLT

Posted: 17 Apr 2011 04:44 PM PDT

It is no secret that I like to back test every market observation that I have.  I might not show all the data in these columns because most readers probably aren’t interested in the details, but it would be rare for me to make a statement or a trade for that matter that wasn’t grounded in the data.  I have been doing it this way for over 10 years – observing, writing code, and testing.

This style of investing fits my personality well, but it was also developed out of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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