DailyMarkets.com - Switzerland’s KOF Economic Barometer Rises Unexpectedly

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• Switzerland’s KOF Economic Barometer Rises Unexpectedly
• EUR/USD Breaks Above Flag Pattern; 1.4940 And 1.4990 Are Swing Projections
• Forex – USD/JPY Down In European Trade
• Euro Zone Unemployment Rate Remains Unchanged
• Forex Trading: Eurozone CPI
• Forex – EUR/USD Up In European Trading Hours
• EUR/CHF Repeating A Double Top At The 1.2960 Resistance
• Forex – GBP/USD Up During The European Session
• Forex Trading: Euro-zone Money Supply/prive Loans
• EUR/JPY Technical Analysis For April 29, 2011
• GBP/USD Technical Analysis For April 29, 2011
• USD/CHF Technical Analysis For April 29, 2011
• Merck KGaA Beats, Revises Outlook
• Bull Of The Day: AGCO Corporation (AGCO)
• Bear Of The Day: Badger Meter, Inc. (BMI)
• Growth & Income Stock: TransAlta Corporation
• Momentum Stock: Manpower, Inc.
• Aggressive Growth Stock: Arrow Electronics
• Silver: Runaway Move, Correction, Or Crash?
• Forex – EUR/USD Up During The Asian Session
• EUR/GBP Technical Analysis For April 29, 2011
• GBP/JPY Technical Analysis For April 29, 2011
• Forex – GBP/USD Up In Asian Trade
• Oil Technical Analysis For April 29, 2011
• Forex – EUR/CHF Down In Asian Trading Hours
• Natural Gas Daily Fundamental Analysis For April 29, 2011
• Crude Oil Daily Fundamental Analysis For April 29, 2011
• Forex – USD/CHF Down During Asian Trade
• Gold Daily Fundamental Analysis For April 29, 2011
• EUR/USD Daily Fundamental Analysis For April 29, 2011
• USD/CAD Daily Fundamental Analysis For April 29, 2011
• GBP/USD Daily Fundamental Analysis For April 29, 2011
• Forex News – U.S. Stocks Fluctuate On Mixed Earnings, While U.S. Dollar Tumbles As FOMC Confirms Loose Monetary Policy To Continue.
• Forex – EUR/GBP Down During The Asian Session
• Oil Looks To Earnings Reports For Direction, Gold To Rise With Inflation Bets
• Peter Schiff: “Bet Against The Fed”
• Forex – USD/JPY Up During Asian Trade
• Forex – USD/CAD Up In Asian Trading Hours
• QI: Exxon Paid Almost $1M Per Hour In Income Taxes And Its Effective Tax Rate Was 42.3%
• Forex – AUD/USD Down During Asian Trade
• Forex – EUR/USD Up During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Bullish Pennant Seen On Philex Mining Corporation (PX)
• Another Round Of Greater Fool Remorse?
• Forex – GBP/JPY Up During The Asian Session
• Stock Market Summary For Thursday, April 28, 2011
• This SP500 Chart Is NOT Pretty – UPDATE

Switzerland’s KOF Economic Barometer Rises Unexpectedly Posted: 29 Apr 2011 02:45 AM PDT Forex Pros – Switzerland&rsquo;s KOF economic barometer rose unexpectedly last month, data showed on Friday.<br/><br/>In a report, the KOF Economic Research Agency said that its economic barometer rose to a seasonally adjusted 2.29, from 2.25 in the preceding month whose figure was revised up from 2.24.<br/><br/>Analysts had expected the KOF economic barometer to fall to 2.20 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Breaks Above Flag Pattern; 1.4940 And 1.4990 Are Swing Projections Posted: 29 Apr 2011 02:44 AM PDT EUR/USD Targets 1.4940 While Above 1.4710 (4/28) EUR/USD Short-Term to Medium Term- The EUR/USD is breaking another flag pattern. It has broken a similar one previously, and one of a larger degree prior to that. - The 4H chart shows a swing projection to 1.4940 breaking out one of the larger of the flags. - The structure of the breakout rally has been impulsive, and the current rally counts for the 5th, or terminal wave according to Elliott Wave Principles. - By projecting the first wave up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down In European Trade Posted: 29 Apr 2011 02:30 AM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 81.44, down 0.11% at time of writing.<br/><br/> The pair was likely to find support at 81.27, Tuesday&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.28% to hit 1.4865 and GBP/USD rising 0.29% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Zone Unemployment Rate Remains Unchanged Posted: 29 Apr 2011 02:15 AM PDT Forex Pros – The unemployment rate in the euro zone remained unchanged last month, official data showed on Friday.<br/><br/>In a report, Eurostat said that the rate of unemployment remained unchanged at a seasonally adjusted 9.9%, from 9.9% in the preceding month.<br/><br/>Analysts had expected the unemployment rate to remain unchanged at 9.9% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Eurozone CPI Posted: 29 Apr 2011 02:10 AM PDT E/Z CPI Flash Estimate y/y came in at 2.8%, stronger than the 2.7% expected. Eur/Usd is making new highs, currently trading at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In European Trading Hours Posted: 29 Apr 2011 01:55 AM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4855, up 0.22% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8907 and EUR/JPY rising 0.17% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/CHF Repeating A Double Top At The 1.2960 Resistance Posted: 29 Apr 2011 01:53 AM PDT Swiss Franc Firms Grip on EUR/CHF…(4/25 Video) EUR/CHF Short-Term to Medium Term- The recent from 1.28 has met resistance at 1.2960. During today's European session, a double top is forming with a break below the 1.2910 support. - The RSI in the 1H chart is breaking below 40 invalidating the bullish momentum, and threatening to establish bearish momentum. - Looking at the 4H chart, we see that this is a repeat of the last time the market tested 1.2960 in forming a double top. - As the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The European Session Posted: 29 Apr 2011 01:10 AM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6664, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.6432, Tuesday&rsquo;s low, and resistance at 1.6747, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8904 and GBP/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro-zone Money Supply/prive Loans Posted: 29 Apr 2011 01:01 AM PDT M3 Money Supply (y/y) – Survey: 2.2%   Actual: 2.3%   Prior: 2.0% Private Loans (y/y) – Survey: 2.9%   Actual: 2.5%   Prior: 2.6% Italian Monthly Unemployment – Survey: 8.4%   Actual: 8.3%   Prior: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 11:18 PM PDT By ForexMansion.com   The EUR/JPY pair fell today, retesting the support and resistance area at the 120 mark. We are currently looking for a sign of strength in the area to buy this pair as the 120 has proven so pivotal over the recent past. The pair looks very bullish, and has a lot of central bank support underneath somewhere. Look to buy if 120 holds as support. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 11:17 PM PDT By ForexMansion.com   The GBP/USD is forming a massive shooting star today, which shows massive weakness. The truth is that there is simply too much support underneath to sell with any conviction, and that the market is likely to find one of those levels, and continue up from there. (The levels are 1.65, 1.64, and 1.63) Selling is risky, but being patient for a pullback and supportive action should reward the buyer over time. Originally posted here Read more about forex technical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 11:15 PM PDT By ForexMansion.com   The USD/CHF fell again today, but rose from the bottoms – a place that matched the all0time lows made a few days ago. The pair still looks very weak, and any rallies should be sold. The 0.8650 mark is showing signs of being stubborn, but the truth is this market keeps falling, and there is nothing on this chart that makes that seem to be in doubt anytime soon. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Merck KGaA Beats, Revises Outlook Posted: 28 Apr 2011 11:06 PM PDT Merck KGaA (MKGAF) posted first quarter 2011 earnings of $2.78 per share, beating the Zacks Consensus Estimate of $2.13 and the year-ago earnings of $2.01. Higher revenues helped boost the quarter's earnings. Revenues Revenues for the reported quarter jumped 22.1% (in local currency), driven primarily by the acquisition of Millipore Corp. last year and increased pharmaceutical sales. The company operates under two heads: Pharmaceuticals and Chemicals. The Pharmaceutical division, in turn, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: AGCO Corporation (AGCO) Posted: 28 Apr 2011 11:06 PM PDT AGCO Corporation’s (AGCO) adjusted first quarter EPS of $0.81 was almost seven times that of the year-ago quarter, driven by sales growth across all segments and improved gross margins. For fiscal 2011, AGCO expects EPS between $3.50 and $3.75. Global industry sales are anticipated to grow in 2011. With a full product line of farm equipment and a wide network of dealers and distributors, we believe AGCO is well positioned over the long-term to capitalize on the need for increased food … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Badger Meter, Inc. (BMI) Posted: 28 Apr 2011 11:06 PM PDT Badger Meter Inc. (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 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: TransAlta Corporation Posted: 28 Apr 2011 11:06 PM PDT TransAlta Corporation (NYSE:TAC) carried its momentum into the first quarter of 2011 and delivered a 16% positive earnings surprise. This marked the company’s second consecutive earnings beat. The outlook appears strong for TAC over the next few years as it continues to expand its wind production. If consensus estimates materialize, TransAlta will grow EPS by 20% in 2011 and 13% in 2012 – not too shabby for a utility. The company also pays a dividend that yields a juicy 5.3%. It is a Zacks #2 Rank … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Manpower, Inc. Posted: 28 Apr 2011 11:06 PM PDT Manpower, Inc. (NYSE:MAN) just reported a great quarter that lifted shares to a new multi-year high. With an average earnings surprise of 39% over the last four quarter and bullish 35% growth projection, this Zacks #1 rank stock is a momentum keeper. Company Description Manpower Inc. provides employment services worldwide. The company was founded in 1948 and has a market cap of $5.43 billion. With the domestic and global employment scene showing modest signs of improvement, Manpower has been there … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Arrow Electronics Posted: 28 Apr 2011 11:06 PM PDT Arrow Electronics Inc (NYSE:ARW) shot to all-time highs after a recent earnings surprise, yet shares are still a great value. More over, post-surprise estimates have not come in yet so the growth story and valuations should only improve for this Zacks #2 Rank (Buy). Company Description Arrow offers industrial and commercial electronics, services and computing solutions. The company works with over 900 suppliers and 125,000 OEMs around the world. Keeps Getting Better Since Arrow was last featured, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Silver: Runaway Move, Correction, Or Crash? Posted: 28 Apr 2011 10:54 PM PDT Silver attempted to take out 50 on Monday of this week and instead had a big reversal day as it temporarily ran out of gas.  Then after testing 45 the following day silver has moved higher after the Bernanke press conference and is once again approaching 50.  For the very short term silver appears to be trapped in the 45/50 box and is awaiting a break either above or below this box. Silver has only been trading above 40 for 14 trading days, so even though it is testing 50 it really … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 28 Apr 2011 10:50 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4845, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8910 and EUR/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 10:47 PM PDT By ForexMansion.com   The EUR/GBP continues to grind away at the 0.89 level, trying to break out above it with conviction. It is close at the moment, but hasn't quite worked through it yet. The market looks bullish, and as long as we stay above 0.8750, you should look to buy on pullbacks with the knowledge that is should eventually break out. Originally posted here Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 10:45 PM PDT By ForexMansion.com   The GBP/JPY pair fell today, retesting the support and resistance area. (135.50) Because of this, we are looking for strength at this area in order to buy the pair. This will probably show up on the shorter time frames, and could work out well as the stop loss for this pair could be as low as 100 pips. (For those of you that have traded the GBP/JPY before, you know how small that actually is.) Selling isn't advised after yesterday's candle. f Originally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up In Asian Trade Posted: 28 Apr 2011 10:25 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6657, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.6432, Tuesday&rsquo;s low, and resistance at 1.6747, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8909 and GBP/JPY rising 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For April 29, 2011 Posted: 28 Apr 2011 10:17 PM PDT By CommoditiesMansion.com   Light Sweet Crude The CL had a very flat day today as traders have taken a break from recent bullishness. The $113 area seems to be a good resting spot, before the eventual attempt to break out above the $115 area. This is a very bullish market, so selling isn't advised. The verdict is buy on the pullbacks, or a break out past the $115 mark. Brent Brent has a similar day today as the CL; only it actually closed slightly lower. Still, it was a very quiet … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In Asian Trading Hours Posted: 28 Apr 2011 10:00 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Friday.<br/><br/> EUR/CHF was trading at 1.2949, down 0.01% at time of writing.<br/><br/> The pair was likely to find support at 1.2752, Tuesday&rsquo;s low, and resistance at 1.2966, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.03% to hit 1.4828 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:41 PM PDT By CommoditiesMansion.com   Natural gas prices rose on Thursday for the first time in four days, after the EIA report for natural gas stockpiles showed a less than expected rise, noting that natural gas prices have been falling during this week on expectations of improving weather conditions in the South, which led to expectations of lower demand for power-plant fuel. The EIA report for natural gas stockpiles showed that natural gas inventories increased by 31 billion cubic feet, compared … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:40 PM PDT By CommoditiesMansion.com   Crude oil prices fluctuated on Thursday amid mixed news, where the U.S. dollar dropped against major currencies after the FOMC pledged to continue with the loose monetary policy, which prompted crude oil prices to set a new record high above $113, the highest since June 2008, nevertheless, worse than expected economic growth and rising jobless claims in the United States weighed down on crude oil prices, where investors were concerned with the outlook for oil … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down During Asian Trade Posted: 28 Apr 2011 09:40 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Friday.<br/><br/> USD/CHF was trading at 0.8732, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.8672, Tuesday&rsquo;s low, and resistance at 0.8874, Monday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.09% to hit 1.4836 and USD/JPY rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:39 PM PDT By CommoditiesMansion.com Gold continues the rally higher and struck yet another record high on Thursday as the dollar remained weak and the Feds pledged to maintain the loose monetary policy to support growth. Despite saying they will end the $600 billion of bond purchases in June as planned, the feds still provided the support gold needed with rates pledged to remain near zero. The feds said growth is moderate and ongoing with the rise in inflation is "temporal". Surely that is a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:37 PM PDT By ForexMansion.com The EUR/USD pair continued to hold the gains on Thursday in the aftermath of the feds pledges to keep rates low and continue the loose monetary policy in support of the recovery. The euro rallied higher and eyes $1.50 to reach above $1.4882 the highest since December 2009 as the dollar continued the southern trip. Greenback remained week and the dollar index gauging its performance versus its six major trading partners slumped to the lowest since at least July 2008. Rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:36 PM PDT By ForexMansion.com   The USD/CAD slightly dropped on Thursday despite the severe weakness of the U.S. dollar, where the U.S. dollar dropped against most majors after the Fed confirmed they will continue with the loose monetary policy, nevertheless, falling oil prices and concerns over the Federal elections in Canada next week weighed down on the Canadian dollar, thus, the pair didn't have the momentum to drop strongly. Investors and traders will probably remain cautious ahead of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Daily Fundamental Analysis For April 29, 2011 Posted: 28 Apr 2011 09:34 PM PDT By ForexMansion.com   Today, the UK lacks fundamentals which suggest that the pair’s movement will be determined by US data. As of 12:30 GMT, the US will release important data including personal spending and income for March; Chicago purchasing manager for March are due at 13:45 GMT; and University of Michigan confidence for April will be out at 13:55 GMT.   On Thursday, the pound continued its advance against the dollar to 17-month high, taking the pair higher, as the pound was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – U.S. Stocks Fluctuate On Mixed Earnings, While U.S. Dollar Tumbles As FOMC Confirms Loose Monetary Policy To Continue. Posted: 28 Apr 2011 09:32 PM PDT By ForexMansion.com   Economic growth slowed down in the United States during the first quarter of 2011 according to a report released today by the U.S. Commerce Department, while a report from the Labor Department showed that jobless claims rose unexpectedly. The Advanced GDP estimate for the first quarter showed that the U.S. economy expanded at an annual pace of 1.8 percent, down from the prior expansion of 3.1% in the fourth quarter of 2010, and below median estimates of 2.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The Asian Session Posted: 28 Apr 2011 09:20 PM PDT Forex Pros – The Euro was lower against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8903, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.8808, Monday&rsquo;s low, and resistance at 0.8924, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.06% to hit 1.4832 and EUR/JPY rising 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Looks To Earnings Reports For Direction, Gold To Rise With Inflation Bets Posted: 28 Apr 2011 08:50 PM PDT Commodities – Energy Crude Oil Tracks Stocks, Looks to Earnings for Direction WTI Crude Oil (NY Close): $112.86 // +0.10 // +0.09% Prices continue to tread water below resistance at $113.44, the April 11 high, a barrier reinforced by support-turned-resistance at a rising trend line set from the lows in mid-February. A pullback from here sees initial support at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance. Risk sentiment trends remain in focus, with the WTI contract firmly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Peter Schiff: “Bet Against The Fed” Posted: 28 Apr 2011 08:47 PM PDT Peter Schiff discusses Ben Bernanke's recent press conference and the consequences of the Fed's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 28 Apr 2011 08:40 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 81.56, up 0.04% at time of writing.<br/><br/> The pair was likely to find support at 81.27, Tuesday&rsquo;s low, and resistance at 82.78, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.03% to hit 1.4827 and GBP/USD rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In Asian Trading Hours Posted: 28 Apr 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday.<br/><br/> USD/CAD was trading at 0.9518, up 0.11% at time of writing.<br/><br/> The pair was likely to find support at 0.9466, Thursday&rsquo;s low, and resistance at 0.9576, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.01% to hit 1.4825 and GBP/USD rising 0.09% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

QI: Exxon Paid Almost $1M Per Hour In Income Taxes And Its Effective Tax Rate Was 42.3% Posted: 28 Apr 2011 07:42 PM PDT ExxonMobil reported its first quarter 2011 earnings today, which came in at $10.65 billion, an increase of 69% from the same quarter last year when it earned $6.3 billion.  While the huge earnings amount captured all of the media attention, several other items received much less attention (see chart above): 1. ExxonMobil paid $8 billion in income taxes to various governments in the first quarter, which is about $22 million in income taxes each day, or almost $1 million each … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 28 Apr 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0912, down 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.0677, Tuesday&rsquo;s low, and resistance at 1.0947, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.23% to hit 1.3595 and AUD/JPY falling 0.12% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 28 Apr 2011 07:05 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4826, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 1.4494, Tuesday&rsquo;s low, and resistance at 1.4882, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8911 and EUR/JPY rising 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Down During Asian Trade Posted: 28 Apr 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Friday.<br/><br/> EUR/JPY was trading at 120.84, down 0.001% at time of writing.<br/><br/> The pair was likely to find support at 118.50, Tuesday&rsquo;s low, and resistance at 121.84, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.01% to hit 1.4824 and EUR/GBP rising 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bullish Pennant Seen On Philex Mining Corporation (PX) Posted: 28 Apr 2011 06:28 PM PDT Local mining stocks like Lepanto Consolidated Mining Company (LC and LCB) and Philex Mining Corporation (PX) have made a pretty good run-up during the past week or so. Still, it looks like there's going to be a follow through at least for Philex in the near term. Philex Mining Corporation has risen from just below PHP 16.00 to PHP 18.00 in about a week last. Looking at its daily chart, you will see that it has actually formed a bullish pennant pattern. Notice also that the volume for the past … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Another Round Of Greater Fool Remorse? Posted: 28 Apr 2011 06:02 PM PDT When the biggest real estate bubble this country has ever seen began to burst roughly half a decade ago, it took equity investors about 16 months to recognize that the jig was up (so much for the crowd’s much vaunted “ability” to predict the future). Given that a similar amount of time has passed since house prices hit their post-crash highs and began a renewed descent, I wonder if all those “savvy” individuals who’ve driven the iShares Dow Jones Real Estate Index ETF (a widely followed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 28 Apr 2011 05:45 PM PDT Forex Pros – The British Pound was higher against the Japanese Yen on Friday.<br/><br/> GBP/JPY was trading at 135.75, up 0.10% at time of writing.<br/><br/> The pair was likely to find support at 134.09, Tuesday&rsquo;s low, and resistance at 137.05, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.08% to hit 1.6646 and EUR/GBP rising 0.001% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market Summary For Thursday, April 28, 2011 Posted: 28 Apr 2011 04:30 PM PDT Stocks rose in today’s with gains ranging between 0.1% to 0.6% for the DJIA, S&P 500, and Nasdaq Composite. Investor participation was slower in today’s session and market breadth was generally good. The Nasdaq Composite traded the majority of the session lower but a late buying surge allowed the index to rise mildly. Keeping with the trend we are raising the resistance levels on the DJIA, S&P 500, and Nasdaq Composite based on the current stock market direction (see below). The support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

This SP500 Chart Is NOT Pretty – UPDATE Posted: 28 Apr 2011 11:53 AM PDT Cant resist an update to the Elliot wave count in a previous post. Confession, we are not Elliot Wave experts, and we are using Elliot Wave 101 here. When its simple and obvious we can count the waves out ok. So pinch of salt and all that. No matter what measuring stick you use to measure this massive bear market bounce or bull market within a bear market or ‘V’ recovery prices have run up for a long period and something is bound to happen. NOTE: Only a mad man would call a top in this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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