DailyMarkets.com - Britain’s CBI Realized Sales Rise Unexpectedly In April

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• Britain’s CBI Realized Sales Rise Unexpectedly In April
• Forex – USD/CHF Touches Fresh Record Low As Risk Appetite Dips
• USD/JPY Daily Fundamental Analysis For May 04, 2011
• AUD/USD Technical Analysis For May 3, 2011
• NZD/USD Technical Analysis For May 3, 2011
• GBP/CHF Technical Analysis For May 3, 2011
• Forex – EUR/GBP Jumps To 13-month High After Weak U.K. PMI
• European Stocks Fall As Automakers Weigh; DAX Sheds 0.45%
• Euro Zone PPI Rises In Line With Expectations In March
• Forex Trading: Euro-zone March Producer Prices Up 0.7% As Expected.
• U.K. Manufacturing PMI Falls To 7-month Low In April
• Forex – Dollar Broadly Higher Vs. Rivals As Investors Shun Risk
• AUD/NZD Daily Fundamental Analysis For May 04, 2011
• Forex Trading: EUR/USD Still Lower
• Forex – GBP/USD Hits 4-day Low Amid Increased Risk Aversion
• Reserve Bank Of India Hikes Rate 50bps To 7.25%
• Forex – Dollar Tumbles To 5-week Low Against Stronger Yen
• USD/CHF Technical Analysis For May 3, 2011
• Reserve Bank Of Australia Holds Cash Rate At 4.75%
• USD/CAD Technical Analysis For May 3, 2011
• GBP/JPY Technical Analysis For May 3, 2011
• GBP/USD Technical Analysis For May 3, 2011
• Forex – NZD/USD Lower On RBA, Commodity Price Declines
• EUR/GBP Technical Analysis For May 3, 2011
• EUR/USD Daily Fundamental Analysis For May 03, 2011
• USD/CAD Daily Fundamental Analysis For May 03, 2011
• Forex – AUD/USD Down After RBA Leaves Interest Rate Unchanged
• GBP/USD Daily Fundamental Analysis For May 3, 2011
• Forex News – Optimism Dominates Markets After Death Of Osama Bin Laden, While Manufacturing Activities Continue To Expand In The U.S.
• Asia Stocks Decline As Commodity Producers Slip; Nikkei Closed
• Crude Oil To Follow Stock Prices Higher, Gold May Fall On Easing Inflation Bets
• Forex – EUR/USD Almost Unchanged As ECB Comes Into Focus
• Corning Beats, Expects Soft Q2
• Reserve Bank Of Australia Leaves Interest Rate Unchanged
• Forex Trading: Euro Firmer In Recent Trade
• Bank Failures Stretch To 39
• Bear Of The Day: Everest Re Group, Ltd. (RE)
• Momentum Stock: AGCO Corp
• Growth & Income Stock: TC PipeLines, LP
• Aggressive Growth Stock: CAI International
• Bull Of The Day: Pool Corporation (POOL)
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/CHF Down In Asian Trading Hours
• Forex – USD/CHF Up During Asian Trade
• Forex – EUR/GBP Up During The Asian Session
• Forex – USD/JPY Down During Asian Trade
• Forex – USD/CAD Down In Asian Trading Hours
• EUR/USD Completes Flat Correction Structure
• Forex – AUD/USD Down During Asian Trade
• Restaurant Performance Back To 2007 Levels
• Forex – EUR/USD Down During The Asian Session
• Forex – EUR/JPY Down During Asian Trade
• Forex – GBP/JPY Down During The Asian Session
• USD/CHF Daily Fundamental Analysis For May 3, 2011

Britain’s CBI Realized Sales Rise Unexpectedly In April Posted: 03 May 2011 03:09 AM PDT Forex Pros – Retail sales in Britain rose unexpectedly in April, but the pace of growth remains subdued, industry data showed on Tuesday.<br /><br />In a report, the Confederation of British Industry said the result of its index of U.K. retailers climbed to 21 in April, after rising to 15 in March.<br /><br />Analysts had expected the index to hold steady at 15 in April.<br /><br />On the index, a reading above zero indicates higher sales volume, below … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Touches Fresh Record Low As Risk Appetite Dips Posted: 03 May 2011 03:05 AM PDT Forex Pros – The U.S. dollar touched a fresh record low against the Swiss franc on Tuesday, as demand for safe haven currencies was boosted by fears over retaliation from Islamic militants following Sunday&rsquo;s killing of Osama bin Laden.<br /><br />USD/CHF hit 0.8620 during European morning trade, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8639, slipping 0.02%.<br /><br />The pair was likely to find short-term support at 0.8620, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/JPY Daily Fundamental Analysis For May 04, 2011 Posted: 03 May 2011 02:55 AM PDT By ForexMansion.com The Japanese yen rose against most of its major counterparts, as investors increased demand for the safe heaven currencies after fears spread over the FOREX market regarding any retaliatory terrorist attacks by al Qaeda after the death of their leader, Osama bin Laden. Risk aversion found its way back into financial markets, as Asian stocks declined and the dollar was able to rise versus higher-yielding currencies. Most of the countries around the world declared a state of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Technical Analysis For May 3, 2011 Posted: 03 May 2011 02:46 AM PDT By ForexMansion.com   This market is parabolic. The market had a weak day today, as the trend is having a hard time finding more buyers at these lofty levels. To say that this market could pullback is stating the obvious, as there really can't be too many buyers left at this time. The pullback could be brutal, but will certainly find support somewhere below, perhaps at the 1.07, 1.05, and certainly at the 1.02 levels. Don't sell – you can never know when a market will turn and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

NZD/USD Technical Analysis For May 3, 2011 Posted: 03 May 2011 02:27 AM PDT By ForexMansion.com   The NZD/USD fell today, but still is hanging around this consolidation area. The pair is decidedly bullish, but needs to rest or pullback. Until we get either one, we cannot recommend buying it because of the recent run up being so parabolic. The pair is certainly unable to be shorted, as the market has been so strong, but one can't help but feel that the levels we are looking at in this market are simply chasing the trade if we buy them. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/CHF Technical Analysis For May 3, 2011 Posted: 03 May 2011 02:26 AM PDT By ForexMansion.com   The GBP/CHF fell today again, testing the bottom of the market again. The pair is still very weak, and the 1.43 area continues to show itself to be support. It should be noted that the area looks like it is giving way slowly, and a new leg down should be in our future. It's only a question of when, but then again – that's always the question when it comes to trading. Originally posted here Read more about forex technical analysis, forex fundamental analysis … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Jumps To 13-month High After Weak U.K. PMI Posted: 03 May 2011 02:24 AM PDT Forex Pros – The euro jumped to a 13-month high against the pound on Tuesday, after a report showing that manufacturing activity in the U.K. declined more-than-expected in April to hit a seven-month low.<br /><br />EUR/GBP hit 0.8980 during European morning trade, the pair&rsquo;s highest since March 30, 2010; the pair subsequently consolidated at 0.8969, jumping 0.74%.<br /><br />The pair was likely to find support at 0.8854, Monday&rsquo;s low and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Stocks Fall As Automakers Weigh; DAX Sheds 0.45% Posted: 03 May 2011 02:23 AM PDT Forex Pros – European stock markets were broadly lower on Tuesday, as shares in automakers led declines, while U.S. futures indexes pointed to a lower open on Wall Street.&nbsp;&nbsp;&nbsp; <br /><br />During European morning trade, the EURO STOXX 50 slipped 0.35%, France&rsquo;s CAC 40 shed 0.3%, while Germany’s DAX 30 slumped 0.45%.<br /><br />Shares in European automakers performed poorly amid concerns lagging recoveries in many developed economies … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro Zone PPI Rises In Line With Expectations In March Posted: 03 May 2011 02:06 AM PDT Forex Pros – ucer price inflation in the euro zone rose broadly in line with expectations in March, official data showed on Tuesday.<br /><br />In a report, Eurostat said that its producer price index rose by 0.7% in March, after rising by 0.8% in February.<br /><br />According to the data, the producer price index rose slightly more-than-expected, increasing at an annualized rate of 6.7% in March, after advancing at a rate of 6.6% in February. Analysts expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro-zone March Producer Prices Up 0.7% As Expected. Posted: 03 May 2011 02:03 AM PDT The market had a limited reaction to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. Manufacturing PMI Falls To 7-month Low In April Posted: 03 May 2011 01:40 AM PDT Forex Pros – Manufacturing activity in the U.K. fell unexpectedly in April, dropping to a seven-month low data showed on Tuesday.<br /><br />In a report, market research group Markit said that its U.K. manufacturing PMI fell to a seasonally adjusted 54.6 in April, after declining to 56.7 in March, whose figure was downwardly revised from 57.1.<br /><br />Analysts had expected the manufacturing PMI to ease up to 57.0 in April.<br /><br />On the index, a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Broadly Higher Vs. Rivals As Investors Shun Risk Posted: 03 May 2011 01:35 AM PDT Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Tuesday, as risk aversion escalated amid security fears following Sunday&rsquo;s killing of Al Qaeda leader Osama bin Laden.<br /><br />During European morning trade, the greenback was higher against the euro, with EUR/USD shedding 0.35% to hit 1.4780.<br /><br />The greenback was also up against the pound, with GBP/USD plunging 0.91% to hit 1.6496.<br /><br />Earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/NZD Daily Fundamental Analysis For May 04, 2011 Posted: 03 May 2011 01:29 AM PDT By ForexMansion.com The AUD/NZD pair still consolidating and tending to the downside, as the AUD and NZD fell against greenback on the back of risk aversion in financial markets. Risk aversion is back in the market as the Asian stocks declined and dollar was able to rise versus higher-yielding currencies. Most countries around the world declared a state of alter across embassies and airports, fueling risk aversion and low demand for higher assets. The Reserve Bank of Australia kept interest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EUR/USD Still Lower Posted: 03 May 2011 01:14 AM PDT Since our previous post the pair has falled back below the trendline and continued through our previously stated target of 1.47989. Currently the pair is one again testing the 50.0% line @ 1.47673; in the case of further selling we look to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Hits 4-day Low Amid Increased Risk Aversion Posted: 03 May 2011 01:13 AM PDT Forex Pros – The pound fell to a four-day low against the U.S. dollar on Tuesday, as risk appetite soured amid fears over reprisals from Al Qaeda after this week&rsquo;s killing of Osama bin Laden.<br /><br />GBP/USD hit 1.6566 during European morning trade, the pair&rsquo;s lowest since April 27; the pair subsequently consolidated at 1.6568, shedding 0.50%.<br /><br />Cable was likely to find support at 1.6434, the low of April 27 and resistance at 1.6738, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of India Hikes Rate 50bps To 7.25% Posted: 03 May 2011 12:49 AM PDT The Reserve Bank of India increased its repo rate by 50 basis points to 7.25% from 6.75% and raised the reverse repo rate to 6.25% by the same margin.  The Bank also held the cash reserve ratio at 6.00%, and the Bank Rate at 6.00%, while increasing the savings bank deposit interest rate to 4.00% from 3.50%.  India’s key inflation measure, the wholesale price index, increase 8.98% year on year in March, exceeding the Bank’s estimate of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Tumbles To 5-week Low Against Stronger Yen Posted: 03 May 2011 12:47 AM PDT Forex Pros – The U.S. dollar was down against the broadly stronger yen on Tuesday, amid increased safe haven demand, following reports that the U.S. and Australia increased security at their embassies amid fears of reprisals after Sunday&rsquo;s killing of Osama bin Laden.<br /><br />USD/JPY hit 80.90 during early European trade, the pair&rsquo;s lowest since March 24; the pair subsequently consolidated at 80.94, shedding 0.34%.<br /><br />The pair was likely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Technical Analysis For May 3, 2011 Posted: 03 May 2011 12:35 AM PDT By ForexMansion.com   The USD/CHF retested the lows today, bounced, and then promptly fell back to where it started. This only shows how much this pair is being sold off at the moment. Because of this, we cannot recommend buying for any reason at the moment. The pair looks like it is ready to break down again, and a break below the recent all-time lows would signal that. The pair bouncing all the way to 0.90 would also attract more sellers as well. Originally posted here Read more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of Australia Holds Cash Rate At 4.75% Posted: 03 May 2011 12:33 AM PDT The Reserve Bank of Australia maintained the Cash Rate unchanged at 4.75% and said the “current mildly restrictive stance of monetary policy remained appropriate”.  The Bank noted it “expects that, as the temporary price shocks dissipate over the coming quarters, CPI inflation will be close to target over the year ahead.”  Australia reported consumer price inflation of 3.3% in Q1 2011, up from 2.7% in the December quarter of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Technical Analysis For May 3, 2011 Posted: 03 May 2011 12:30 AM PDT By ForexMansion.com   The USD/CAD pair has bounced at the recent all-time lows in the 0.9450 area as the oil markets pulled back today. Canada continues to be favored out of the two countries, as the trend is certainly downward. The pair looks like we could see a bounce higher, but the 0.97 level should provide selling opportunities going forward. A break of the all-time lows could also signal more selling. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Technical Analysis For May 3, 2011 Posted: 03 May 2011 12:28 AM PDT By ForexMansion.com   The GBP/JPY fell today, but still remains around the 135.50 area, which is absolutely vital for buyers as this area showed itself to be the breakout point for the GBP/JPY market. As long as we can hold at this level, selling won't make sense, and even if we do break down below it – the central banks could step in. So with this pair, we are looking for buying opportunities at places like this. Buy on strength – ignore on weakness. Originally posted here Read … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Technical Analysis For May 3, 2011 Posted: 03 May 2011 12:26 AM PDT By ForexMansion.com   The GBP/USD fell today, although not far. The pair still looks decidedly bullish, but appears to be ready for a much needed pullback. The pair should find plenty of support at the 1.65 and 1.63 areas, and should provide buying opportunities at these levels. Waiting for the pullback is probably the way to go for the time being. 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

Forex – NZD/USD Lower On RBA, Commodity Price Declines Posted: 03 May 2011 12:26 AM PDT Forex Pros – The New Zealand dollar was lower against its U.S. counterpart on Tuesday, after Australia&rsquo;s central bank left interest rates unchanged and as commodity prices declined.<br /><br />NZD/USD hit 0.8014 during late Asian trade, the pair&rsquo;s lowest since Friday, the pair subsequently consolidated at 0.8040, shedding 0.30%.<br /><br />The pair was likely to find support at 0.7969, the low of April 28 and resistance at 0.8119, Monday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/GBP Technical Analysis For May 3, 2011 Posted: 03 May 2011 12:25 AM PDT By ForexMansion.com   The EUR/GBP rose today, showing that it still favors the upside, but didn't break to new highs. This leads us to believe that more consolidation is in the short-term future, and we could see mainly scalping opportunities for a while. Look to buy at 0.87 on signs of support, and sell at 0.89 on signs of weakness. This pair historically goes sideways for quite some time, so be patient. Originally posted here Read more about forex technical analysis, forex … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Daily Fundamental Analysis For May 03, 2011 Posted: 02 May 2011 11:58 PM PDT By ForexMansion.com The week started with heavy fluctuations and surprises for the EUR/USD yet the common currency maintained its strength despite the dollar's rebound. The dollar on Monday regained momentary strength after US President Obama announced the death of al-Qaeda leader Osama Bin Laden. Nevertheless, the gains did not last against the euro as the currency returned to trade higher ahead of the ECB meeting this week. We had good figures from the euro area which supported the gains … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Daily Fundamental Analysis For May 03, 2011 Posted: 02 May 2011 11:57 PM PDT By ForexMansion.com The USD/CAD pair rose on Monday after U.S. President Obama announced that U.S. troops killed Osama Bin Laden on Sunday in Pakistan, and amid the uncertainty over the outcome of the fourth election in seven years. The Canadian dollar fell against major currencies as the results of the elections are too close to call with the National Democratic Party seen as a threat to the current Conservative Party in taking over the Conservative majority government, which is seen as a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down After RBA Leaves Interest Rate Unchanged Posted: 02 May 2011 11:57 PM PDT Forex Pros – The Australian dollar was down against its U.S. counterpart on Tuesday, after the Reserve Bank of Australia left its benchmark interest rate unchanged, saying that a record domestic dollar will contain consumer prices until late this year.<br /><br />AUD/USD hit 1.0889 during late Asian trade, the pair&rsquo;s lowest since Friday, the pair subsequently consolidated at 1.0886, shedding 0.51%.<br /><br />The pair was likely to find support at 1.0773, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/USD Daily Fundamental Analysis For May 3, 2011 Posted: 02 May 2011 11:54 PM PDT By ForexMansion.com   UKwill release PMI manufacturing for April with expectations showing a decline to 57.0 from 57.1. An improvement in PMI manufacturing is expected to push the pair up as it will provide clues that the British economy is going to continue growth in the second quarter after last week data had shown that the UK grew 0.5% in the first quarter from the 0.5% contraction in the fourth quarter while the opposite is true as it will arouse skeptics with regard recovery path. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex News – Optimism Dominates Markets After Death Of Osama Bin Laden, While Manufacturing Activities Continue To Expand In The U.S. Posted: 02 May 2011 11:51 PM PDT By ForexMansion.com Investors and traders were feeling optimistic on Monday as news emerged that Osama bin Laden was killed on Sunday by U.S. troops in Pakistan, where U.S. President Obama announced the news spreading optimism among investors that the war on terror could soon come to an end. Moreover, the Institute for Supply Management released the ISM manufacturing index for the month of April, where although manufacturing activities eased to 60.4 from 61.2 reported in March, but the figure … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asia Stocks Decline As Commodity Producers Slip; Nikkei Closed Posted: 02 May 2011 11:51 PM PDT Forex Pros – Asian stock markets declined in holiday-thinned trade on Tuesday, as shares in commodity producers slipped and as corporate earnings results disappointed.&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index shed 0.1%, South Korea’s Kospi Composite sank 1%, while Japan&rsquo;s Nikkei 225 Index was closed for a public holiday. <br /><br />Shares in raw material producers were broadly lower after oil … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil To Follow Stock Prices Higher, Gold May Fall On Easing Inflation Bets Posted: 02 May 2011 11:41 PM PDT Commodities – Energy Crude Oil Outlook Favors Gains as Risky Assets Rise WTI Crude Oil (NY Close): $113.52 // -0.41 // -0.36% Prices continue to tread water near the $114 figure, with daily close above $113.65 clearing the way higher for run past the $115 level toward resistance at the midline of a rising channel set from mid-March (now at $117.60). The channel's bottom stands as near-term support, with a push lower opening the door for significant downside seeing the first major barrier at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Almost Unchanged As ECB Comes Into Focus Posted: 02 May 2011 11:40 PM PDT Forex Pros – The euro swung between small gains and losses against the U.S. dollar in choppy trade on Tuesday, as markets began focusing on the European Central Bank&rsquo;s rate setting meeting later in the week.<br /><br />EUR/USD hit 1.4772 during late Asian trade, the daily low; the pair subsequently consolidated at 1.4832, easing up 0.01%.<br /><br />The pair was likely to find support at 1.4631, the low of April 27and resistance at 1.4901, Monday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Corning Beats, Expects Soft Q2 Posted: 02 May 2011 11:25 PM PDT Corning Inc's (NYSE:GLW) first quarter 2011 earnings beat the Zacks Consensus Estimate by 4 cents, or 9.1%. Revenue growth was also strong, exceeding the Zacks Consensus by 5.3%. The revenue growth and margin expansion helped offset a higher tax rate to deliver the results in the last quarter. Revenue Corningreported revenue of $1.92 billion, which was up 9.0% sequentially and 23.8% year over year. Corning stated that the crisis in Japan did not affect its operations or supply chain in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Reserve Bank Of Australia Leaves Interest Rate Unchanged Posted: 02 May 2011 11:21 PM PDT Forex Pros – The Reserve Bank of Australia kept its benchmark interest rate unchanged for the fifth straight meeting in May, it announced on Tuesday.<br /><br />In a statement, the RBA said it was keeping its benchmark interest rate unchanged at 4.75%, broadly in line with expectations.<br /><br />In its accompanying rate statement the RBA said, &ldquo;The rising exchange rate will be helping to hold down prices for some consumer products over the coming few … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: Euro Firmer In Recent Trade Posted: 02 May 2011 11:07 PM PDT We have seen the EUR firmer against the majors in recent trade. In the case of the EUR versus the USD, the pair broke below bullish trendline support and tested the 1.47710 level again. Currently the pair is back above the trendline and testing the 23.6% hourly retracement line on the move from April 27th lows to yesterday's high. If upward momentum continues, which we may see if the Euro-zone PPI comes in better than expected, the topside target would become the 0.0% line at 1.49012. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bank Failures Stretch To 39 Posted: 02 May 2011 11:05 PM PDT A spate of bank failures swept across the sector last Friday, with U.S. regulators closing down five more banks. Out of these failed banks, two were based in Florida, two in Georgia and one in Michigan. This brings the number of U.S. bank failures to 39 so far in 2011, after 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing on the back of an economic recovery, many smaller banks are still struggling to survive. Nagging issues like rock-bottom … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Everest Re Group, Ltd. (RE) Posted: 02 May 2011 11:05 PM PDT Everest Re Group (NYSE:RE) reported an operating loss in the quarter, wider than the Zacks Consensus estimate as well as year ago results. The quarter suffered hugely due to the Australian flooding in January, the New Zealand Earthquake in February and the Tohoku Earthquake in March. 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 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: AGCO Corp Posted: 02 May 2011 11:05 PM PDT AGCO Corp (AGCO) just reported awesome Q1 results that came in well ahead of expectations, sending shares to a new all-time high. With a big jump in estimates in tow and a bullish growth projection, this Zacks #1 rank stock is a good way to play the momentum in agriculture. Company Description AGCO Corp manufactures and sells farm and agricultural equipment worldwide. The company was founded in 1990 and has a market cap of $5.5 billion. Agriculture and agriculture stocks have been strong for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: TC PipeLines, LP Posted: 02 May 2011 11:05 PM PDT TC PipeLines, LP (NASDAQ:TCLP) recently delivered its fifth consecutive positive earnings surprise, prompting analysts to raise their estimates significantly higher. It is a Zacks #1 Rank (Strong Buy) stock. TCLP has also been steadily raising its distribution over the last decade. It currently yields a hefty 6.2%. About TCLP TC PipeLines, LP is a Master Limited Partnership with over 3,900 miles of natural gas pipelines in the U.S. and Eastern Canada. TC PipeLines is managed by its general partner, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: CAI International Posted: 02 May 2011 11:05 PM PDT CAI International, Inc. (NYSE:CAP) analysts raised their expectations once the company reported an 82% jump in revenues last week. Shares of this Zacks #1 Rank (Strong Buy) are trading with solid valuations to go along with the impressive growth rates. Company Description CAI International manages and leases intermodal freight containers. The company has 12 offices in 10 countries. Net Income Soars Investors were pleased with the quarterly results the company put out on Apr 26. Revenues surged 82% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Pool Corporation (POOL) Posted: 02 May 2011 11:05 PM PDT Pool Corporation’s (NASDAQ:POOL) first-quarter 2011 earnings outperformed the Zacks Consensus Estimate. The company is an acknowledged leader in the industry. The potential for market growth is significant and cost-containment initiatives augur well for the business. The upcoming quarter is seasonally strong. Pool generates the major portion of its revenue in the second quarter of every year. Hence, we upgrade the stock from a Neutral to an Outperform recommendation. Our six-month target price of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 02 May 2011 10:55 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4843, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.4764, Monday&rsquo;s low, and resistance at 1.4902, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.21% to hit 0.8922 and EUR/JPY falling 0.31% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 02 May 2011 10:25 PM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6626, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.6586, today&rsquo;s low, and resistance at 1.6747, Thursday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.09% to hit 0.8912 and GBP/JPY falling 0.47% 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: 02 May 2011 09:55 PM PDT Forex Pros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.2807, down 0.21% at time of writing.<br/><br/> The pair was likely to find support at 1.2799, Monday&rsquo;s low, and resistance at 1.2966, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.13% to hit 1.4810 and EUR/JPY falling 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During Asian Trade Posted: 02 May 2011 09:25 PM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.8657, up 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.8626, Monday&rsquo;s low, and resistance at 0.8760, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.20% to hit 1.4800 and USD/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Up During The Asian Session Posted: 02 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Tuesday.<br/><br/> EUR/GBP was trading at 0.8906, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 0.8859, Monday&rsquo;s low, and resistance at 0.8937, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.4802 and EUR/JPY falling 0.41% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down During Asian Trade Posted: 02 May 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 81.04, down 0.22% at time of writing.<br/><br/> The pair was likely to find support at 81.00, Monday&rsquo;s low, and resistance at 82.26, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.18% to hit 1.4803 and GBP/USD falling 0.25% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In Asian Trading Hours Posted: 02 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday.<br/><br/> USD/CAD was trading at 0.9472, down 0.35% at time of writing.<br/><br/> The pair was likely to find support at 0.9447, Monday&rsquo;s low, and resistance at 0.9548, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.21% to hit 1.4799 and GBP/USD falling 0.28% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/USD Completes Flat Correction Structure Posted: 02 May 2011 07:41 PM PDT EUR/USD Stuck in Sideways Range Between 1.4880 and 1.4770 (5/2) EUR/USD Short-Term- The EUR/USD remains in the range it created to end last week, and although the market did temporarily break above the range resistance at 1.4880, it was spooked at 1.49. - The internal count of the flat is that of 5-waves, or abcde, a conventional count for a flat correction in the Elliott Wave model. - The RSI reading in the 1H chart is testing 40 again, and if it is to maintain bullish momentum, it should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down During Asian Trade Posted: 02 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> AUD/USD was trading at 1.0911, down 0.31% at time of writing.<br/><br/> The pair was likely to find support at 1.0863, Thursday&rsquo;s low, and resistance at 1.1013, Monday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.03% to hit 1.3555 and AUD/JPY falling 0.48% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Restaurant Performance Back To 2007 Levels Posted: 02 May 2011 07:23 PM PDT The National Restaurant Association reported strong restaurant activity in March, with the Restaurant Performance Index (RPI) reaching 101.0 for the second time in four months (see chart above). That’s the first time since that the RPI has been a level of 101 twice in a four-month period since the pre-recession summer months of 2007.  Other highlights include: 1. March represented the sixth time in the last seven months that the RPI stood above 100, which signifies expansion in the index … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 02 May 2011 07:05 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4783, down 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4764, Monday&rsquo;s low, and resistance at 1.4902, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8910 and EUR/JPY falling 0.55% 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: 02 May 2011 06:35 PM PDT Forex Pros – The Euro was lower against the Japanese Yen on Tuesday.<br/><br/> EUR/JPY was trading at 119.91, down 0.45% at time of writing.<br/><br/> The pair was likely to find support at 119.81, today&rsquo;s low, and resistance at 121.84, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.27% to hit 1.4790 and EUR/GBP falling 0.02% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Down During The Asian Session Posted: 02 May 2011 05:45 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Tuesday.<br/><br/> GBP/JPY was trading at 134.67, down 0.44% at time of writing.<br/><br/> The pair was likely to find support at 134.66, today&rsquo;s low, and resistance at 137.05, Thursday&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 0.25% to hit 1.6612 and EUR/GBP falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CHF Daily Fundamental Analysis For May 3, 2011 Posted: 02 May 2011 07:30 AM PDT By ForexMansion.com The Swiss economy lacks fundamentals on Tuesday while the US will release less important data that more likely will not have significant impact on the pair’s movement. US Factory orders report for the month of April is due at 14:00 GMT, where analysts expect the reading to surge1.7% from the prior 0.1% drop. On Monday, the Swiss data were downbeat as retail sales (real) fell 0.2% in the year ending March compared with the revised reading of 1.8%, while SVME-Purchasing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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