DailyMarkets.com - DIRECTV Still Neutral

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• DIRECTV Still Neutral
• DIRECTV Still Neutral
• U.S. Bancorp Sells Senior Notes
• DuPont Integrates Danisco
• Forex Trading: GBPUSD Tests Trendline Support
• ABB In Swiss Energy Development
• USD/CAD Is Attempting To Confirm Inverted Head And Shoulder
• Let’s Go To The Videotape: “Attorney Claims Wall Street’s Cop, FINRA, Invested In Madoff”
• Forex Trading: EURUSD Breaks To The Three Day Low
• Forex – NZD/USD Up During The European Session
• Zumiez Thrives, Reverses Loss
• Growth Debate Driving Stocks
• Stock Market News Briefs: Big Lots, Casual Male Retail Group, Deere & Company, Morgan Stanley, NetLogic Microsystems, PETsMART, UBS AG
• Scripps Networks Raised Dividend
• Forex – EUR/CHF Down In European Trade
• Morning Market Brief
• Swiss Franc: The Downside Prevails
• Japanese Yen: Under Pressure
• British Pound: The Downside Prevails
• Euro: Under Pressure
• Getting Pounded
• Forex Notes 5.20.2011 – Explosion Of Swissie Strength On A Friday?
• Dollar Tree Tops, Outlook Firm
• Lockheed Gets Finnish Contract
• Forex Trading: EURUSD Back In The Range As Market Back Consolidating
• Forex – USD/CAD Up In European Trading Hours
• Canadian Core Retail Sales Fall Unexpectedly
• Crude Oil, Gold To Fall As S&P 500 Index Futures Point To Risk Aversion
• EUR Stumbles On Spain Protests, Bundesbank Pronouncement On Economy, Options
• Masimo’s New Circuit Boards
• Russia Beckons Goodrich
• EUR/JPY Breaks Rising Trendline And Kills Bullish Momentum In Choppy Trading
• Forex – EUR/GBP Down During The European Session
• Raleigh Tale Of Job Change And The Reluctant Lender
• Forex – USD/CAD Up On Economic Data
• Forex – GBP/CHF Up In European Trade
• Canadian Core CPI Rises
• Forex – AUD/USD Down In European Trading Hours
• Forex – USD/CHF Up During The European Session

DIRECTV Still Neutral Posted: 20 May 2011 07:35 AM PDT We reaffirm our long-term Neutral recommendation on DIRECTV (NASDAQ:DTV). The company declared excellent financial results for the first quarter of 2011. These solid results were the combined effect of a double-digit growth of the top line, significant margin and ARPU expansion, and better-than-expected net customer addition. Management's strategy to target high-end customers paid-off nicely as the demand for the company's HD channels and digital-video recording services sky rocketed in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DIRECTV Still Neutral Posted: 20 May 2011 07:35 AM PDT We reaffirm our long-term Neutral recommendation on DIRECTV (NASDAQ:DTV). The company declared excellent financial results for the first quarter of 2011. These solid results were the combined effect of a double-digit growth of the top line, significant margin and ARPU expansion, and better-than-expected net customer addition. Management's strategy to target high-end customers paid-off nicely as the demand for the company's HD channels and digital-video recording services sky rocketed in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Bancorp Sells Senior Notes Posted: 20 May 2011 07:35 AM PDT According to IFR, a Thomson Reuters service, U.S. Bancorp (NYSE:USB) sold 10-year senior unsecured notes on Thursday. U.S. Bancorp sold the 10- year notes worth $1 billion at a coupon rate of 4.125% and an issue price of $99.619. The notes will mature on May 24, 2021, yielding 4.172% with spread of 97 basis points more than Treasuries. The interest will be paid semi-annually, with the first payment due on November 24, 2011. The new notes has been rated Aa3 by Moody’s Investors Service, a credit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

DuPont Integrates Danisco Posted: 20 May 2011 07:35 AM PDT After the completion of the Danisco deal, EI DuPont de Nemours & Co. (NYSE:DD) has formed two new business units, Industrial Biosciences and Nutrition & Health.  Industrial Biosciences will be headed by James C. Collins, Jr., whereas the Nutrition & Health will be headed by Craig F. Binetti.  However, the integration of Danisco across both new businesses units will be looked after by Richard C. Olson.  Industrial Biosciences business unit will stand alone as a financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: GBPUSD Tests Trendline Support Posted: 20 May 2011 07:14 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ABB In Swiss Energy Development Posted: 20 May 2011 07:05 AM PDT ABB Ltd. (NYSE:ABB) is set to work on one of the largest energy storage pilot project of Switzerland in partnership with EKZ, a leading distribution utility in the country. The storage facility, situated in Dietikon, will be included in EKZ's power distribution network and will be used in important fields like balancing peak loads and consistent power supply. Besides, Grid optimization can also be done effectively. The new facility will help in storing increased amount of intermittent renewable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

USD/CAD Is Attempting To Confirm Inverted Head And Shoulder Posted: 20 May 2011 07:02 AM PDT USD/CAD is Getting a Chance to Confirm an Inverted Head and Shoulder (5/19) USD/CAD Short-Term to Medium Term- The USD was in a throwback yesterday and had a chance to confirm the inverted head and shoulder bottoming pattern seen in the daily chart. - The market took it, and supported the USD/CAD at a fibonacci support cluster near 0.9650, as oil prices slide along with weak CPI and retail sales. These CAD-negative factors helped create a strong candle heading into the US session. - Note … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Let’s Go To The Videotape: “Attorney Claims Wall Street’s Cop, FINRA, Invested In Madoff” Posted: 20 May 2011 07:02 AM PDT Did you ever have one of those days where you just feel like watching a movie or perhaps checking out a preview? I feel like today, a Friday in the latter part of May, is one of those days. I am guessing that market activity may be muted so let's go into our "archives" for a clip in which numerous questions posed by an attorney bringing suit against Wall Street's self-regulator, the head of the Madoff Investors Coalition, and yours truly with an attempted rejoinder by former SEC chair … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Breaks To The Three Day Low Posted: 20 May 2011 06:58 AM PDT The EURUSD has quickly extended to new lows (just when the things were looking done for the week). There has not been mush objection to the move with the next target being the 1.4161 level … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up During The European Session Posted: 20 May 2011 06:50 AM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Friday.<br/><br/> NZD/USD was trading at 0.7948, up 0.49% at time of writing.<br/><br/> The pair was likely to find support at 0.7756, Monday&rsquo;s low, and resistance at 0.7970, today&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.61% to hit 1.3407 and EUR/NZD falling 1.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Zumiez Thrives, Reverses Loss Posted: 20 May 2011 06:36 AM PDT Specialty retailer Zumiez Inc. (NASDAQ:ZUMZ) reported first-quarter earnings of 6 cents a share, beating the Zacks Consensus Estimate of 2 cents a share. The company also outpaced a loss of 3 cents a share posted in the first quarter of fiscal 2010. Net income from operations was $1.9 million compared with a loss of $0.7 million in the prior-year quarter. Net sales in the reported quarter increased 18.8% year over year to $105.9 million from $89.1 million a year ago. Comparable store sales rose … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth Debate Driving Stocks Posted: 20 May 2011 06:36 AM PDT Stocks will likely struggle to sustain the positive momentum of the last two sessions given the absence of any major economic reports on the docket today. And while we do have a handful of earnings reports that are of interest, the reporting season is effectively coming to close. First quarter earnings turned out to be much stronger than expected, belying pre-season concerns about margins and growth. Granted, we did see margin pressures in some key sectors, such as in consumer staples, but the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Market News Briefs: Big Lots, Casual Male Retail Group, Deere & Company, Morgan Stanley, NetLogic Microsystems, PETsMART, UBS AG Posted: 20 May 2011 06:36 AM PDT     Professional-networking site LinkedIn (LNKD) made its debut at the New York Stock Exchange on Thursday. Share prices rocketed 109.44% to more than double to close at $94.25     Pet-store chain PetSmart, Inc.'s (NASDAQ:PETM) shares gained 7.58% after the company reported its first-quarter profits late Wednesday exceeding the Street's expectations     According to a report in The Wall Street Journal, discount retailer Big Lots, Inc. (NYSE:BIG) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Scripps Networks Raised Dividend Posted: 20 May 2011 06:36 AM PDT Yesterday, Scripps Networks Interactive Inc. (NYSE:SNI) has raised its quarterly dividend rate by a massive 33%. The board of directors of Scripps Networks has authorized to increase quarterly dividend from 7.5 cents per share to 10 cents per share. We believe the primary reason behind this decision is the company's robust financial results for the first quarter of 2011 and a clear visibility of its businesses for the rest of 2011. First-quarter 2011 consolidated revenue of $536 million was up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/CHF Down In European Trade Posted: 20 May 2011 06:25 AM PDT Forex Pros – The Euro was lower against the Swiss Franc on Friday.<br/><br/> EUR/CHF was trading at 1.2513, down 0.71% at time of writing.<br/><br/> The pair was likely to find support at 1.2458, today&rsquo;s low, and resistance at 1.2646, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.48% to hit 1.4242 and EUR/JPY falling 0.36% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Morning Market Brief Posted: 20 May 2011 06:20 AM PDT 05/20/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Franc: The Downside Prevails Posted: 20 May 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japanese Yen: Under Pressure Posted: 20 May 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

British Pound: The Downside Prevails Posted: 20 May 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Euro: Under Pressure Posted: 20 May 2011 06:18 AM PDT Update on supports and resistances. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Getting Pounded Posted: 20 May 2011 06:18 AM PDT Today’s Idea With the prospect of no interest rate hikes until the end of 2011 at the earliest, some traders may begin to liquidate long positions in the British Pound in favor of potentially higher-yielding currencies such as the Australian or Canadian Dollars. Some traders who are expecting the bearish trend to continue for a few weeks may wish to consider exploring buying a bear put spread in British Pound futures options. For example, with the June Pound futures trading at 1.6205 as of this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Notes 5.20.2011 – Explosion Of Swissie Strength On A Friday? Posted: 20 May 2011 06:14 AM PDT The Swiss Franc has been very strong, and as a "funding" currency, it has done better than the USD and JPY. It has been stronger than both, with relatively less volatility. There was some flattening in May across the board, but it seems like the market for CHF  is starting this Friday strong. Did the bears just fled? Let's take a look at the USD/CHF, EUR/CHF, GBP/CHF, and CHF/JPY. USD/CHF The USD/CHF  is seen in the 4H chart threatening to break the bullish momentum gathered … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Tree Tops, Outlook Firm Posted: 20 May 2011 06:11 AM PDT Dollar Tree, Inc. (NASDAQ:DLTR)  posted strong fiscal 2011 first-quarter earnings of 82 cents a share, up 34.4% from the year-ago earnings of 61 cents a share and ahead of the Zacks Consensus Estimate of 75 cents a share. Quarterly Details Dollar Tree's total revenue grew 14.3% in the quarter to $1,545.9 million from $1,352.6 million in the prior-year quarter. Same-store sales for the period increased 7.1%. Total revenue beat the Zacks Consensus Estimate of $1,510.0 million. The company's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Lockheed Gets Finnish Contract Posted: 20 May 2011 06:06 AM PDT Defense contractor, Lockheed Martin Corporation (NYSE:LMT) has received a $45.3 million contract to upgrade 22 Finnish Army M270 Multiple Launch Rocket Systems (MLRS). The upgrade will incorporate the Universal Fire Control System and other enhancements enabling the launchers to fire precision GPS-guided munitions. This upgrade will allow the use of the full range of MLRS precision munitions. Headquartered in Bethesda, Maryland, Lockheed Martin is principally engaged in the research, design, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Back In The Range As Market Back Consolidating Posted: 20 May 2011 05:58 AM PDT The EURUSD is back within the "meat of the weeks" range between the 1.4200 area on the downside, and the 1.4287-1.4305 on the topside. The price in the NY session went to a low of 1.4210 and has since bounced higher. Th 1.4250 is the underside of the trendline and also near the 200 hour MA. A move above will put the focus back on the 1.4287 level above.  I would expect sellers against that level as the market continues to struggle with … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up In European Trading Hours Posted: 20 May 2011 05:50 AM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Core Retail Sales.<br/><br/> USD/CAD was trading at 0.9728, up 0.54% at time of writing.<br/><br/> The pair was likely to find support at 0.9642, today&rsquo;s low, and resistance at 0.9794, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Core retail sales in Canada fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Core Retail Sales Fall Unexpectedly Posted: 20 May 2011 05:45 AM PDT Forex Pros – Core retail sales in Canada fell unexpectedly last month, official data showed on Friday.<br/><br/>In a report, Statistics Canada said that Canadian core retail sales fell to a seasonally adjusted -0.1%, from 0.8% in the preceding month whose figure was revised up from 0.7%.<br/><br/>Analysts had expected Canadian core retail sales to rise 0.8% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil, Gold To Fall As S&P 500 Index Futures Point To Risk Aversion Posted: 20 May 2011 05:45 AM PDT Commodities – Energy Oil Prices Poised to Decline Amid Risk Aversion WTI Crude Oil (NY Close): $98.44 // -1.66 // -1.66% Prices continue to consolidate near the 23.6% Fibonacci retracement of the drop from the May 2 high at $99.41. On balance, anything shy of a daily close above the 50% mark at $104.73 amounts to consolidating within an overall bearish structure, with a break below $94.65 needed to mark the beginning of the next leg lower. An empty US economic calendar leaves risk sentiment … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR Stumbles On Spain Protests, Bundesbank Pronouncement On Economy, Options Posted: 20 May 2011 05:40 AM PDT The key story in markets today was the sell-off in the EUR as we head into the weekend. A couple of factors likely affected the single currency, including unease about anti-austerity protests in Spain, comments from the Bundesbank that Germany's economy will slow after its very strong 1st quarter, and talk of options that are being defended. The protests in Spain highlight the potential that the 4th largest economy in the Euro-zone may need to be rescued. That would be by far the biggest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Masimo’s New Circuit Boards Posted: 20 May 2011 05:35 AM PDT Masimo Corporation (NASDAQ:MASI), a leader in the pulse oximetry (a measurement of the amount of oxygen attached to the hemoglobin) monitoring equipment market, recently launched its latest sub-45 milliwatt technology platform, the MS-2040. The new platform requires almost one-third the electricity, and comes with one-half the board dimensions of former Signal Extraction Pulse Oximetry solutions, while facilitating the time-tested low perfusion oxygen saturation (SpO2), measure-through-motion, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Russia Beckons Goodrich Posted: 20 May 2011 05:25 AM PDT Goodrich Corporation (NYSE:GR) has been selected by Russian Helicopters, JSC to provide the main rotor actuator and hydraulic power supply for its upgraded Mi-34C1 light helicopter. Russian Helicopters, JSC is the subsidiary of UIC Oboronprom, a part of Russian Technologies State Corporation. The agreement includes research and development, original equipment supply and aftermarket support. Prototypes for flight tests have already been produced by Goodrich’s Actuation Systems business with entry … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

EUR/JPY Breaks Rising Trendline And Kills Bullish Momentum In Choppy Trading Posted: 20 May 2011 05:04 AM PDT Containment of Japanese Yen Strength (5/19) EUR/JPY Short-term to Medium-term - The EUR/JPY is breaking a rising trendline of a rally that didn't exactly have a channel structure. It does not seem like a bullish impulse wave structure neither. - With a break below some pivots near 116.30, we see support in another pivot near 115.50, which is also where the 200SMA resides in the 1H chart. - If the market remains choppy it will break below it, but a bullish market can confirm by staying … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/GBP Down During The European Session Posted: 20 May 2011 05:00 AM PDT Forex Pros – The Euro was lower against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8766, down 0.54% at time of writing.<br/><br/> The pair was likely to find support at 0.8682, Tuesday&rsquo;s low, and resistance at 0.8845, Thursday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.59% to hit 1.4226 and EUR/JPY falling 0.45% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Raleigh Tale Of Job Change And The Reluctant Lender Posted: 20 May 2011 04:59 AM PDT … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Up On Economic Data Posted: 20 May 2011 04:40 AM PDT Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Friday after the release of Canadian data on Core CPI.<br/><br/> USD/CAD was trading at 0.9694, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 0.9642, today&rsquo;s low, and resistance at 0.9794, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Canadian core consumer price inflation rose to a seasonally adjusted 0.2% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/CHF Up In European Trade Posted: 20 May 2011 04:30 AM PDT Forex Pros – The British Pound was higher against the Swiss Franc on Friday.<br/><br/> GBP/CHF was trading at 1.4358, up 0.41% at time of writing.<br/><br/> The pair was likely to find support at 1.4175, Wednesday&rsquo;s low, and resistance at 1.4468, Tuesday&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 0.06% to hit 1.6227 and EUR/GBP falling 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Canadian Core CPI Rises Posted: 20 May 2011 04:15 AM PDT Forex Pros – Canadian core consumer price inflation rose last month, official data showed on Friday.<br/><br/>In a report, Statistics Canada said that Canadian core CPI rose to a seasonally adjusted 0.2%, from 0.7% in the preceding month.<br/><br/>Analysts had expected Canadian core CPI to rise 0.2% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – AUD/USD Down In European Trading Hours Posted: 20 May 2011 04:00 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0652, down 0.17% at time of writing.<br/><br/> The pair was likely to find support at 1.0506, Tuesday&rsquo;s low, and resistance at 1.0703, today&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.30% to hit 1.3373 and AUD/JPY falling 0.18% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up During The European Session Posted: 20 May 2011 03:20 AM PDT Forex Pros – The U.S. Dollar was higher against the Swiss Franc on Friday.<br/><br/> USD/CHF was trading at 0.8814, up 0.09% at time of writing.<br/><br/> The pair was likely to find support at 0.8766, Thursday&rsquo;s low, and resistance at 0.8939, Monday&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 0.31% to hit 1.4265 and USD/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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