DailyMarkets.com - Natural Gas Futures Edge Higher On Warm Weather Outlook
DailyMarkets.com - Natural Gas Futures Edge Higher On Warm Weather Outlook |
- Natural Gas Futures Edge Higher On Warm Weather Outlook
- Forex – Dollar Broadly Lower Vs. Rivals Amid Stronger Risk Sentiment
- Forex – GBP/USD Erases Gains As U.K. Recovery Fears Weigh
- Forex Trading: USD/CAD Finding Some Hourly Resistance @ .96517
- Crude Oil, Gold To Rebound Amid Broad Correction In QE2-Linked Assets
- Gold Futures Extend Gains On Greece Fears, Weak U.S. Dollar
- Forex – EUR/USD Rebounds From 3-week Low But Gains Limited
- Wheat Futures Rise To 2-day High On U.S. Crop Concerns
- Forex – USD/CAD Slips To Daily Low As Crude Prices Rebound
- Euro Zone Sentix Investor Confidence Drops Unexpectedly
- Forex – USD/CHF Hits Daily Low As Fed Rate Outlook Weighs
- European Stocks Slump On Greece Fears; DAX Down 0.35%
- Forex – Dollar Down Vs. Rivals As Risk Appetite Sharpens
- Forex – GBP/USD Rebounds From 3-week Low, Gains Limited
- Crude Oil Futures Rebound Amid Optimism Over U.S. Recovery
- Halifax U.K. HPI Declines Unexpectedly In April
- This Week In The USD: Consumer Prices And Retail Sales For April, Trade Data For March
- Forex – USD/JPY Dips As BoJ Minutes Point To Further Easing
- Forex Trading: Euro Choppy In Recent Trade
- Forex – NZD/USD Up, Boosted By Business Confidence Data
- Gold Futures Hit 2-day High On Broadly Weaker U.S. Dollar
- Momentum Stock: Green Mountain Coffee Roasters, Inc.
- Bear Of The Day: Fujifilm Holdings
- Aggressive Growth Stock: Universal Stainless & Alloy Products
- Growth & Income Stock: Ecolab Inc.
- Forex Trading: Euro Rebounds Mildly Following A Better German Trade Balance.
- Bull Of The Day: Lincoln Electric (LECO)
- Forex – AUD/USD Up For Second Day As Risk Appetite Strengthens
- Asia Stocks Broadly Higher On U.S. Recovery; Nikkei Sheds 0.55%
- Forex – EUR/USD Up During The Asian Session
- Forex – EUR/USD Rebounds From 3-week Low As Greece Fears Ease
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- Forex – USD/CHF Down During The Asian Session
- Mike Maloney: Silver Is A Roller Coaster Ride
- Delta Offers Buyouts, Plans Capacity Cuts
- Forex – EUR/GBP Up In Asian Trade
- Forex – USD/JPY Down In Asian Trading Hours
- Singapore Stock Market Update For Monday 09 May
- Forex – USD/CAD Down During The Asian Session
- No Wage-Price Spiral If Wages Refuse To Spiral
- Forex – AUD/USD Up In Asian Trade
- March Home Sales In Phoenix Highest Since 2007, Las Vegas March Home Sales Highest Since 2006
- Forex – GBP/CHF Down In Asian Trading Hours
- EUR/USD Finds Support At 1.43 To Start The Week
- Forex – EUR/USD Up During The Asian Session
- Walmart: More Selective Than Harvard
- Forex – USD/JPY Up In Asian Trading Hours
- Forex – EUR/JPY Up In Asian Trade
- A Indicator That Richard Wyckoff Would Add To His Tool Chest.
Natural Gas Futures Edge Higher On Warm Weather Outlook Posted: 09 May 2011 03:05 AM PDT Forex Pros – Natural gas futures were up for a second day on Monday, as forecasts showing warmer-than-normal weather in the southern U.S. states next week lifted demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for June delivery traded at USD4.276 per million British thermal units during European morning trade, edging 0.23% higher.<br /><br />It earlier rose by as much as 0.4% to a daily high of USD4.287 per million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – Dollar Broadly Lower Vs. Rivals Amid Stronger Risk Sentiment Posted: 09 May 2011 02:58 AM PDT Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Monday, as risk appetite was boosted after Friday’s better-than-expected U.S. jobs data while the euro rebounded from a three-week low.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD climbing 0.57% to hit 1.4399.<br /><br />The euro continued to be supported by expectations that the European Central Bank will raise interest rates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Erases Gains As U.K. Recovery Fears Weigh Posted: 09 May 2011 02:48 AM PDT Forex Pros – The pound erased early gains against the U.S. dollar on Monday, slipping to a three-week low as a recent flurry of softer-than-expected U.K. data added to the view that the Bank of England is unlikely to raise rates for some time to come.<br /><br />GBP/USD hit 1.6344 during European morning trade, the pair’s lowest since April 20; the pair subsequently consolidated at 1.6362, slipping 0.06%.<br /><br />Cable was likely to find support at 1.6306, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: USD/CAD Finding Some Hourly Resistance @ .96517 Posted: 09 May 2011 02:41 AM PDT The USD/CAD sold off continually since the opening of the trading week, and found a bottom at .96031. Since then, the pair has rebounded and is almost back to .96597; where we found it at yesterdays open. However, it seems that we are seeing some resistance at .96517, which is where we find the 50.0% line on the move from Friday's high to today's low. If some upward progress can be made through here, the 61.8% is the next … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Oil, Gold To Rebound Amid Broad Correction In QE2-Linked Assets Posted: 09 May 2011 02:39 AM PDT Commodities – Energy |
Gold Futures Extend Gains On Greece Fears, Weak U.S. Dollar Posted: 09 May 2011 02:36 AM PDT Forex Pros – utures Pros – Gold futures extended gains on Monday, as ongoing concerns over the euro zone’s peripheral sovereign debt crisis and a broadly weaker U.S. dollar boosted the metal’s appeal as an alternative asset.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at USD1,505.95 a troy ounce during European morning trade, rising 0.7%. <br /><br />It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Rebounds From 3-week Low But Gains Limited Posted: 09 May 2011 02:33 AM PDT Forex Pros – The euro rebounded from a three-week low against the U.S. dollar on Monday, recovering ground lost during a selloff triggered by concerns over Greek debt but gains remained limited.<br /><br />EUR/USD hit 1.4442 during European morning trade, the daily high; the pair subsequently consolidated at 1.4405, gaining 0.60%.<br /><br />The pair was likely to find support at 1.4307, Friday’s low and a three-week low and resistance at 1.4587, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Wheat Futures Rise To 2-day High On U.S. Crop Concerns Posted: 09 May 2011 02:04 AM PDT Forex Pros – Wheat futures were up for a second day on Monday, as lingering fears over deteriorating crop conditions in the U.S. boosted prices, which were also supported by a broadly weaker U.S. dollar. <br /><br />On the Chicago Mercantile Exchange, wheat futures for July delivery traded at USD7.7588 a bushel during European morning trade, surging 2.78%. <br /><br />It earlier rose by as much as 3.2% to USD7.7900 a bushel, the highest price since May … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CAD Slips To Daily Low As Crude Prices Rebound Posted: 09 May 2011 02:02 AM PDT Forex Pros – The U.S. dollar was down against its Canadian counterpart on Monday, as crude oil, Canada’s largest export, recovered ground after Friday’s better-than-expected U.S. jobs data.<br /><br />USD/CAD hit 0.9604 during European morning trade, the daily low; the pair subsequently consolidated at 0.9647, shedding 0.17%.<br /><br />The pair was likely to find support at 0.9571, Friday’s low and resistance at 0.9702, the high of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Euro Zone Sentix Investor Confidence Drops Unexpectedly Posted: 09 May 2011 01:35 AM PDT Forex Pros – Investor confidence in the euro zone unexpectedly declined in May, industry data showed on Monday.<br /><br />In a report, market research group, Sentix said its index of investor confidence dropped to 10.9 in May, compared to April’s reading of 14.2. <br /><br />Analysts had expected the index to ease up to 14.3 in May.<br /><br />On the index, a level above 0.0 indicates optimism, below indicates pessimism.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CHF Hits Daily Low As Fed Rate Outlook Weighs Posted: 09 May 2011 01:32 AM PDT Forex Pros – The U.S. dollar was lower against the Swiss franc in quiet trade on Monday, erasing gains from last week after better-than-expected U.S. jobs data gave the greenback a boost<br /><br />USD/CHF hit 0.8733 during European morning trade, the daily low; the pair subsequently consolidated at 0.8742, shedding 0.56%.<br /><br />The pair was likely to find support at 0.8554, Friday’s low and a record low and resistance at 0.8852, the high of April … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
European Stocks Slump On Greece Fears; DAX Down 0.35% Posted: 09 May 2011 01:11 AM PDT Forex Pros – European stock markets were broadly lower on Monday, as shares in the financial sector led markets lower amid lingering concerns over the region’s peripheral sovereign debt crisis, while U.S. futures indexes pointed to a higher open on Wall Street. <br /><br />During European morning trade, the EURO STOXX 50 slumped 0.55%, France’s CAC 40 dipped 0.3%, while Germany’s DAX 30 shed 0.35%. <br /><br />European Union leaders agreed in an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – Dollar Down Vs. Rivals As Risk Appetite Sharpens Posted: 09 May 2011 12:45 AM PDT Forex Pros – The U.S. dollar was lower against all of its major counterparts on Monday, as risk appetite sharpened and as the euro regained ground after sharp losses in the previous two sessions.<br /><br />During European morning trade, the greenback was lower against the euro, with EUR/USD surging 0.81% to hit 1.4432.<br /><br />The single currency recovered, supported by bargin buying and as concerns that Greece might withdraw from the euro zone eased.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Rebounds From 3-week Low, Gains Limited Posted: 09 May 2011 12:31 AM PDT Forex Pros – The pound rebounded from a three-week low against the U.S. dollar on Monday as risk appetite strengthened, but gains were limited following a report showing a surprise drop in U.K. house prices in April.<br /><br />GBP/USD clawed back up from 1.6344, the pair’s lowest since April 20, to hit 1.6388 during early European trade, gaining 0.14%.<br /><br />Cable was likely to find support at 1.6306, the low of April 20 and resistance at 1.6543, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Oil Futures Rebound Amid Optimism Over U.S. Recovery Posted: 09 May 2011 12:17 AM PDT Forex Pros – Crude oil futures were up for the first time in six days on Monday, rebounding from the biggest weekly decline since December 2008, as speculation that the U.S. economic recovery was gaining momentum boosted prices, which were also supported by a soft U.S. dollar. <br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in June traded at USD99.08 a barrel during late Asian trade, climbing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Halifax U.K. HPI Declines Unexpectedly In April Posted: 09 May 2011 12:14 AM PDT Forex Pros – British house prices fell unexpectedly in April, industry data showed on Monday.<br /><br />In a report, the Halifax Bank of Scotland said its House Price Index dropped by -1.4% in April, after posting a flat reading in March, whose figure was revised down from 0.2%. <br /><br />Economists expected the index to rise by 0.2% in April.<br /><br />Prices in the three months to April were 1.2% lower than in the previous three months, according to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
This Week In The USD: Consumer Prices And Retail Sales For April, Trade Data For March Posted: 09 May 2011 12:04 AM PDT Last week the US Dollar managed to end its recent losing streak as several factors came together to cause traders to move towards the greenback. The end of the week saw the better-than-expected April non-farm payroll report with the economy adding 244,000 jobs compared to the expectations for an increase of 185,000. That left an improved picture of US growth. Oil prices plunged around 15% on the week which prompted an unwind of long-oil/short-dollar bets. We saw other commodities, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Dips As BoJ Minutes Point To Further Easing Posted: 08 May 2011 11:58 PM PDT Forex Pros – The U.S. dollar dipped against the yen on Monday, slipping to a daily low amid speculation the Bank of Japan will ease monetary policy to bolster the nation’s economy in the wake of the country’s largest ever earthquake.<br /><br />USD/JPY hit 80.50 during late Asian trade, the daily low; the pair subsequently consolidated at 80.56, dipping 0.03%.<br /><br />The pair was likely to find support at 80.04, Friday’s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: Euro Choppy In Recent Trade Posted: 08 May 2011 11:43 PM PDT The EUR/USD opened the week slightly higher than Friday's close as the pair began to recover slightly from the sell-off on Friday following the better than expected U.S. non-farm payroll number. Since the entrance of London into the picture, we have seen some sudden 10-15 pip swings the EUR/USD. Earlier in the session we saw some consolidation between 1.4379 and 1.44046, but the pair made moves higher following the better than expected German trade balance number less than an hour ago. On a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – NZD/USD Up, Boosted By Business Confidence Data Posted: 08 May 2011 11:37 PM PDT Forex Pros – The New Zealand dollar was up against its U.S. counterpart for a second day on Monday, as risk appetite sharpened and after a Bank of New Zealand survey showed that business confidence rose to a 17-month high this month.<br /><br />NZD/USD hit 0.7939 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7923, gaining 0.23%.<br /><br />The pair was likely to find support at 0.7833, Friday’s low and resistance at 0.7994, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Gold Futures Hit 2-day High On Broadly Weaker U.S. Dollar Posted: 08 May 2011 11:21 PM PDT Forex Pros – Gold futures were up for a second day on Monday, as a broadly weaker U.S. dollar enhanced the appeal of the precious metal, while silver prices edged higher as investors took advantage of last week’s price-drop to enter the market. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for June delivery traded at USD1,501.75 a troy ounce during late Asian trade, climbing 0.43%. <br /><br />It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Momentum Stock: Green Mountain Coffee Roasters, Inc. Posted: 08 May 2011 11:02 PM PDT Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) is trading like a rock star, gapping higher once again after reporting strong Q2 results that handily beat expectations. With four consecutive earnings surprises and a bullish 23% growth projection, this Zacks #1 rank stock is all hopped up on momentum. |
Bear Of The Day: Fujifilm Holdings Posted: 08 May 2011 11:02 PM PDT We downgrade our rating of Fujifilm Holdings (FUJIY) to Underperform, backed by Fuji’s stock performance primarily based on currency fluctuation impact, rising raw material prices and the recent Great East Japan earthquake aftermath. |
Aggressive Growth Stock: Universal Stainless & Alloy Products Posted: 08 May 2011 11:02 PM PDT Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) continues to beat expectations, posting its latest earnings surprise in late April. Estimates are moving higher, which is nothing new, pushing shares to a Zacks #1 Rank (Strong Buy) |
Growth & Income Stock: Ecolab Inc. Posted: 08 May 2011 11:02 PM PDT Estimates have been moving higher for Ecolab Inc. (NYSE:ECL) since the company reported better than expected sales and earnings for the first quarter of 2011. |
Forex Trading: Euro Rebounds Mildly Following A Better German Trade Balance. Posted: 08 May 2011 11:02 PM PDT German trade balance came in at 15.2B; better than the 12.5B forecast prior … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Bull Of The Day: Lincoln Electric (LECO) Posted: 08 May 2011 11:02 PM PDT Lincoln Electric’s (NASDAQ:LECO) first quarter adjusted earnings were ahead of the Zacks Consensus Estimate. The company is pursuing a multi-year strategy to become more cost competitive by building manufacturing facilities in Eastern Europe and Asia. |
Forex – AUD/USD Up For Second Day As Risk Appetite Strengthens Posted: 08 May 2011 10:59 PM PDT Forex Pros – The Australian dollar was up against its U.S. counterpart for a second day on Monday, boosted by stronger risk appetite and expectations for rate hikes by the Reserve Bank in the coming months.<br /><br />AUD/USD hit 1.0779 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0758, gaining 0.55%.<br /><br />The pair was likely to find support at 1.0577, Friday’s low and resistance at 1.0876, last Wednesday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Asia Stocks Broadly Higher On U.S. Recovery; Nikkei Sheds 0.55% Posted: 08 May 2011 10:45 PM PDT Forex Pros – Asian stock markets were broadly higher on Monday, as speculation the U.S. economic recovery was gathering pace lifted market sentiment, while shares in Japanese power producers performed poorly amid ongoing concerns over the country’s nuclear crisis. <br /> <br />During late Asian trade, Hong Kong’s Hang Seng Index climbed 0.8%, South Korea’s Kospi Composite added 0.25%, while Japan’s Nikkei 225 Index slumped 0.55%. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up During The Asian Session Posted: 08 May 2011 10:40 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4369, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.4311, Friday’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.27% to hit 0.8772 and EUR/JPY rising 0.37% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Rebounds From 3-week Low As Greece Fears Ease Posted: 08 May 2011 10:29 PM PDT Forex Pros – The euro rebounded from a three-week low against its U.S. counterpart on Monday, supported by bargin buying and as concerns that Greece might withdraw from the euro zone eased.<br /><br />EUR/USD hit 1.4407 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4390, gaining 0.51%.<br /><br />The pair was likely to find support at 1.4307, Friday’s low and a three-week low and resistance at 1.4587, the high of the same … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up In Asian Trade Posted: 08 May 2011 10:15 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Monday.<br/><br/> GBP/USD was trading at 1.6393, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.6344, Monday’s low, and resistance at 1.6575, Wednesday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.38% to hit 0.8781 and GBP/JPY rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/CHF Up In Asian Trading Hours Posted: 08 May 2011 09:50 PM PDT Forex Pros – The Euro was higher against the Swiss Franc on Monday.<br/><br/> EUR/CHF was trading at 1.2605, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.2575, Friday’s low, and resistance at 1.2830, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.59% to hit 1.4401 and EUR/JPY rising 0.47% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CHF Down During The Asian Session Posted: 08 May 2011 09:20 PM PDT Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Monday.<br/><br/> USD/CHF was trading at 0.8764, down 0.32% at time of writing.<br/><br/> The pair was likely to find support at 0.8554, Wednesday’s low, and resistance at 0.8796, Friday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.51% to hit 1.4390 and USD/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Mike Maloney: Silver Is A Roller Coaster Ride Posted: 08 May 2011 09:12 PM PDT Mike Maloney discusses how volatile the gold and silver markets can be and goes over some of the previous major pullbacks in the metals. He makes an interesting point that investors would love to go back and buy at the peaks of previous rallies even though at the time they beat themselves up for buying at the peak. Essentially what he's saying is timing mistakes are eventually corrected in a bull market, so even silver investors that bought the recent peak in the high 40s should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Delta Offers Buyouts, Plans Capacity Cuts Posted: 08 May 2011 09:00 PM PDT 05/09/11 Delta Air Lines is offering voluntary buyout and retirement plans, along with plans to trim capacity. The airline continues to struggle with rising fuel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/GBP Up In Asian Trade Posted: 08 May 2011 09:00 PM PDT Forex Pros – The Euro was higher against the British Pound on Monday.<br/><br/> EUR/GBP was trading at 0.8783, up 0.40% at time of writing.<br/><br/> The pair was likely to find support at 0.8745, Friday’s low, and resistance at 0.9042, Thursday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.57% to hit 1.4399 and EUR/JPY rising 0.52% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Down In Asian Trading Hours Posted: 08 May 2011 08:35 PM PDT Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.56, down 0.09% at time of writing.<br/><br/> The pair was likely to find support at 79.57, Thursday’s low, and resistance at 81.19, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.58% to hit 1.4400 and GBP/USD rising 0.16% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Singapore Stock Market Update For Monday 09 May Posted: 08 May 2011 08:34 PM PDT Market rallies right on the opening and stays strong. Singapore shares climbed more than 1% Monday after the weekend elections returned the ruling People’s Action Party to power with an overwhelming majority. Hong Kong shares edged up with energy stocks leading gains in most sector after strong US jobs data spurred a rebound on Wall Street Friday. Oil futures recover some lost ground, but analysts say prices could drop as low as $90 a barrel. Short term trading Mid … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CAD Down During The Asian Session Posted: 08 May 2011 08:10 PM PDT Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Monday.<br/><br/> USD/CAD was trading at 0.9624, down 0.43% at time of writing.<br/><br/> The pair was likely to find support at 0.9505, Wednesday’s low, and resistance at 0.9713, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.54% to hit 1.4394 and GBP/USD rising 0.11% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
No Wage-Price Spiral If Wages Refuse To Spiral Posted: 08 May 2011 07:51 PM PDT On his blog, Greg Mankiw says that he agrees with Paul Krugman that volatile commodity prices are not necessarily inflationary and he cites the abstract of one of his research papers (with R. Reis) “What Measure of Inflation Should a Central Bank Target?(published link): |
Forex – AUD/USD Up In Asian Trade Posted: 08 May 2011 07:30 PM PDT Forex Pros – The Australian Dollar was higher against the U.S. Dollar on Monday.<br/><br/> AUD/USD was trading at 1.0753, up 0.47% at time of writing.<br/><br/> The pair was likely to find support at 1.0538, Thursday’s low, and resistance at 1.0877, Wednesday’s high.<br/><br/> Meanwhile, the Australian Dollar was down against the Euro and up against the Japanese Yen, with EUR/AUD gaining 0.10% to hit 1.3392 and AUD/JPY rising 0.45% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
March Home Sales In Phoenix Highest Since 2007, Las Vegas March Home Sales Highest Since 2006 Posted: 08 May 2011 07:29 PM PDT 1. “A total of 10,352 new and resale houses and condos closed escrow in March in the Phoenix metropolitan area. That was up 44.3 percent from the month before and up 7.5 percent from a year earlier. A sharp rise in sales from February to March is normal for the season, although this year's jump was larger than usual. March's sales were the highest for that month since 10,712 homes sold in March 2007. In the overall Phoenix market in March, buyers paid a median $119,000 for all new and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/CHF Down In Asian Trading Hours Posted: 08 May 2011 07:05 PM PDT Forex Pros – The British Pound was lower against the Swiss Franc on Monday.<br/><br/> GBP/CHF was trading at 1.4359, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.4111, Thursday’s low, and resistance at 1.4412, Friday’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 1.6379 and EUR/GBP rising 0.49% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
EUR/USD Finds Support At 1.43 To Start The Week Posted: 08 May 2011 07:01 PM PDT US Dollar Recovery Supported by Positive Non-Farm Payroll (5/7 Video) Short-Term- The EUR/USD did not find support on Friday as the better-than-expected NFP helped the USD gain. Instead, the market extended its wave (v) to complete a 5-wave sequence, instead of reversing from 1.45 (this was a possible scenario if the market cleared Friday's consolidation high near 1.4586). The failure to do so showed that the initial rejection of the bearish attempt was not backed by bullish … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Up During The Asian Session Posted: 08 May 2011 06:35 PM PDT Forex Pros – The Euro was higher against the U.S. Dollar on Monday.<br/><br/> EUR/USD was trading at 1.4386, up 0.48% at time of writing.<br/><br/> The pair was likely to find support at 1.4311, Friday’s low, and resistance at 1.4940, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.50% to hit 0.8792 and EUR/JPY rising 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Walmart: More Selective Than Harvard Posted: 08 May 2011 06:14 PM PDT “Walmart has a history of growing their management team from within. Nationwide, nearly 75 percent of Walmart's store management team started as hourly associates.” ~From this press release announcing the creation of 4,000 new jobs in South Carolina over the next five years. Maybe that’s one reason that it’s harder to get a job at Walmart than it is to be admitted to an Ivy League school. (HT: Steve Bartin) See previous CD posts here and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/JPY Up In Asian Trading Hours Posted: 08 May 2011 06:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Monday.<br/><br/> USD/JPY was trading at 80.69, up 0.08% at time of writing.<br/><br/> The pair was likely to find support at 79.57, Thursday’s low, and resistance at 81.19, Wednesday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.4384 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/JPY Up In Asian Trade Posted: 08 May 2011 05:25 PM PDT Forex Pros – The Euro was higher against the Japanese Yen on Monday.<br/><br/> EUR/JPY was trading at 116.09, up 0.57% at time of writing.<br/><br/> The pair was likely to find support at 115.22, Friday’s low, and resistance at 120.83, Wednesday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the British Pound, with EUR/USD gaining 0.50% to hit 1.4388 and EUR/GBP rising 0.39% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
A Indicator That Richard Wyckoff Would Add To His Tool Chest. Posted: 08 May 2011 09:48 AM PDT If Richard Wyckoff was alive in the computer era what further tools would he offered us. In Wyckoff time charts were done by pen and paper, live prices came over a ticker wire and communications was delayed considerably. What could Wyckoff conjured up to further show off price and volume relationships if he had access to a computer? If a stock price is to move from $50 to $100 you are almost guaranteed to see bars that have the close very near to the high of the bar, be wider in range than … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home