Monday, June 13, 2011

DailyMarkets.com - Citi Simplicity Credit Card – Should You Get This 0% APR Balance Transfer Card?

DailyMarkets.com - Citi Simplicity Credit Card – Should You Get This 0% APR Balance Transfer Card?


Citi Simplicity Credit Card – Should You Get This 0% APR Balance Transfer Card?

Posted: 13 Jun 2011 06:52 AM PDT

The Citi Simplicity Card, issued by Citibank (NYSE:C) is a new and excellent balance transfer card that I recommend to those of you who are looking for a low interest credit card to help you save money on interest rates for card balances you currently hold. This MasterCard (NYSE:MA) offers a 0% introductory APR on both balance transfers and purchases for 21 months, which allows you to pay off your existing card balance or any purchases on this card at 0% interest rate for almost 2 years. I’m … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Busy Economic Calendar This Week

Posted: 13 Jun 2011 06:31 AM PDT

We don’t have much on the economic calendar today, but the rest of this week is quite busy with economic reports. Stocks will be looking for evidence of economic vigor and health in this week’s reports after a slew of soft readings in the last few weeks.

The market’s six-week losing streak reflects these recent soft economic readings that have heightened concerns about the economy’s near-term growth prospects. The consensus view assigns the blame for the ongoing soft patch on temporary factors … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Lululemon Beats Analysts’ Views

Posted: 13 Jun 2011 06:31 AM PDT

Lululemon Athletica Inc. (NASDAQ:LULU), a Canada based yoga-inspired athletic apparel company, has once again proved its ability by reporting strong quarterly financial result during the period when others are facing inflationary pressure. Prior to this, the company has witnessed a consistent sales growth and margin expansion throughout its four quarters of fiscal 2010.
Lululemon reported robust first-quarter 2011 adjusted earnings of 44 cents a share, up 63.0% from the year-ago figure of 27 cents, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Rallies, But Stiff Resistance Ahead

Posted: 13 Jun 2011 06:18 AM PDT

Today’s Idea
Natural gas prices have been held to a relatively tight price range of just over $1 per mmbtu since the beginning of the year, with front month prices failing to surpass the 5.000 level. Some traders looking for prices to remain below the 5.000 area may wish to explore selling calls in front month Natural Gas options. With the current front month July contract trading at 4.735 as of this writing, the July 5.2 calls could be sold for about 0.021, or $210 per contract, not including … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Swiss Franc: The Downside Prevails

Posted: 13 Jun 2011 06:16 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: 13 Jun 2011 06:16 AM PDT

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


British Pound: Under Pressure

Posted: 13 Jun 2011 06:16 AM PDT

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


Euro: The Downside Prevails

Posted: 13 Jun 2011 06:16 AM PDT

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


Legg Mason’s May AUM Inches Down

Posted: 13 Jun 2011 06:12 AM PDT

Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a decline in its assets under management (AUM) in May on a sequential basis. This was preceded by a slight decline in April, but a modest increase in March AUM.
Preliminary month-end AUM came in at $671.0 billion, down 0.1% from $672.0 billion at the end of April. Fixed income and liquidity AUM grew sequentially during the month, while equity AUM plummeted.
Legg Mason's equity AUM in April inched down 2.0% from the prior month to $187.4 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Stock Market News Briefs: Black Hills, Credit Suisse Group, General Motors, Goodyear Tire & Rubber Company, HSBC Holdings Plc, Lululemon Athletica, Micron Technology, Rockwell Automation Inc, SunTrust Banks, Travelers Companies Inc, Wells Fargo & Company

Posted: 13 Jun 2011 06:12 AM PDT

    The Travelers Companies, Inc. (NYSE:TRV) announced it was slowing down its share-repurchase program as natural disasters caused a $1 billion loss to the company in April and May.

    Goodyear Tire & Rubber Co. (NYSE:GT) has decided to sell its Asian wire business to Hyosung Corp., a South Korean company for $50 million

    Lululemon Athletica Inc. (NASDAQ:LULU) posted Earnings Per Share (EPS) of $0.46 for the first quarter ending May 2011 that … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


GBP/USD Rallies Sharply After Completing A Gartley Retracement Pattern

Posted: 13 Jun 2011 06:11 AM PDT

GBP/USD Shows Bullish Reaction after a Harmonic Retracement (6/13)
GBP/USD

Short-Term to Medium-Term- The GBP/USD was seen last week completing a harmonic ab=cd retracement pattern, or a Gartley. There was an initial reaction, but Friday's price action eventually fell back towards the week's low, BUT failed to break or touch it.
- There was some very quiet trading until the European session. Now as we head into the US session we see a sharp rally towards the 200SMA, and previous pivot … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Neutral On Polo Ralph

Posted: 13 Jun 2011 06:01 AM PDT

We maintain a long-term Neutral recommendation on Polo Ralph Lauren Corp. (NYSE:RL). Polo Ralph is one of the leading specialty retailers of premium lifestyle merchandise in the U.S. The company also commands a strong portfolio of globally recognized brands, such as Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, RRL, RLX and American Living. This provides a competitive edge to Polo Ralph Lauren and strengthens its well-established position in the market.
Moreover, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Arris Enhanced Its Flagship CMTS

Posted: 13 Jun 2011 06:01 AM PDT

Arris Group Inc. (NASDAQ:ARRS) will unveil an innovative and upgraded cable modem termination system (CMTS) this week in The Cable Show (NCTA 2011) in Chicago. The new cable access module (CAM) will be integrated with Arris' flagship C4 CMTS products. The new CAM will upgrade the C4 CMTS with 24 downstream ports immediately doubling the speed of the existing 12 downstream port CMTS. The new upstream card will complement the company's recently launched XD CAM that supports 32 downstream … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/CHF Hits Fresh Record Low As Standoff Between ECB And Germany Continues

Posted: 13 Jun 2011 05:49 AM PDT

The next development in the European sovereign debt crisis continues to be driven by the differences in approach pushed by Germany on the one hand and the ECB on the other. As we documented last week, German Finance Minister Schaeuble has called for private bondholders to take on part of the burden of helping Greece by extending maturities on Greek debt by 7 years – enough time to give Greece room to work on its economy and lower its budget deficits.
This option is anathema to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.S. Stock Futures Rebound On M&A Activity; Dow Adds 0.35%

Posted: 13 Jun 2011 05:47 AM PDT

Forex Pros – U.S. stock futures pointed to a higher open on Monday, as increased merger-and-acquisition activity lifted sentiment following Friday&rsquo;s sharp decline. <br /><br />Dow Jones Industrial Average futures pointed to rise of 0.35%, the S&amp;P 500 futures climbed 0.4%, while Nasdaq 100 futures indicated a gain of 0.3%.&nbsp;&nbsp;&nbsp;&nbsp; <br /><br />On Friday, the Dow fell 1.4% to close at its lowest level since March 18. It … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


EUR/CHF Develops Another Impulse Wave To New Record Lows

Posted: 13 Jun 2011 05:38 AM PDT

EUR/CHF Hits Fresh Record Low as the Standoff Between ECB and Germany Continues (6/13)
EUR/CHF

Short-term to Medium-term- The strength in the EUR in the beginning of June quickly dissipated, especially in the EUR/CHF, where we are seeing record lows below 1.20.
- Also note that the decline came in a 5 non-overlapping wave structure, which confirms the downtrend.
- The RSI readings in the 4H chart also stayed below 60 and and maintains the bearish momentum.
- The daily chart shows a very … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Liberty Media Remains Neutral

Posted: 13 Jun 2011 05:26 AM PDT

We reiterate our Neutral recommendation on Liberty Media Corp. (NASDAQ:LINTA). The company's first-quarter 2011 financial results fell below the Zacks Consensus Estimates. However, the company's most prestigious division QVC continues to perform well. QVC shopping network has transformed itself as a powerful global brand, which will help it to grow its revenue in double digits in the near future.
QVC division of Liberty Media has become the undispted market leader in the $8 billion TV … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Cabela’s Stays Neutral

Posted: 13 Jun 2011 05:26 AM PDT

Cabela’s Inc. (NYSE:CAB), celebrating its 50th anniversary this year, possesses a healthy balance sheet, feasible strategy and improving operating efficiencies. The company provides an underpinning for an excellent investment as it is one of the strongest growth profiles in the specialty retail industry.
The company remains focused and on course to exceed the high-end of the targeted long-term return on invested capital of 12%–14% through its next generation store format. The new store … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Harsco Remakes Infrastructure

Posted: 13 Jun 2011 04:55 AM PDT

Harsco Corporation (NYSE:HSC) recently agreed to sell non-core operations of the Infrastructure segment to the U.K. based Wernick Group, an independent hirer and manufacturer of modular and portable buildings. The financial terms of the transactions were not disclosed.
These non-core operations include Rovacabin and Eventlink, related to accommodation and event services businesses in the U.K. Management stated that the divesture will enable the Infrastructure segment to concentrate more on core … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Broadly Lower Vs. Rivals In Holiday-thinned Trade

Posted: 13 Jun 2011 04:54 AM PDT

Forex Pros – The U.S. dollar was broadly lower against its major counterparts in thin trade on Monday, as the euro inched higher with many centers in Europe closed for the Whit Monday holiday.<br /><br />During European afternoon trade, the greenback slipped against the euro, with EUR/USD rising 0.20% to hit 1.4376.<br /><br />The greenback was also down against the pound, with GBP/USD climbing 0.51% to hit 1.6310.<br /><br />In addition, the greenback was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Extends Gains, Hits Fresh Daily High

Posted: 13 Jun 2011 04:44 AM PDT

Forex Pros – The pound extended gains against the U.S. dollar in thin trade on Monday, rising to a fresh daily high, while markets in many European centers remained closed for the Whit Monday holiday.<br /><br />GBP/USD hit 1.6324 during European early afternoon trade, the daily high; the pair subsequently consolidated at 1.6310, gaining 0.52%.<br /><br />Cable was likely to find support at 1.6130, the low of May 25 and resistance at 1.6382, Friday&rsquo;s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Under Pressure As Greece Debt Concerns Weigh

Posted: 13 Jun 2011 03:49 AM PDT

Forex Pros – The euro was under pressure against the U.S. dollar on Monday, swinging between small gains and losses as European Union leaders seemed no closer to an agreement on a possible restructuring of Greece&rsquo;s sovereign debt.<br /><br />EUR/USD hit 1.4322 during European late morning trade, the pair&rsquo;s lowest since June 2; the pair subsequently consolidated at 1.4356, easing up 0.06%.<br /><br />The pair was likely to find support at 1.4256, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Down As Greek Debt Crisis Weighs On Sentiment

Posted: 13 Jun 2011 03:26 AM PDT

Forex Pros – The U.S. dollar was down against the Swiss franc on Monday, trading close to the pair&rsquo;s all-time low as unresolved concerns over a restructuring of Greek sovereign debt boosted demand for the safe haven franc.<br /><br />USD/CHF hit 0.8368 during European morning trade, the pair&rsquo;s lowest since Thursday; the pair subsequently consolidated at 0.8372, shedding 0.68%.<br /><br />The pair was likely to find short-term support at 0.8325, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


NYFP’s Wall Street Lingo: Macroeconomic Data

Posted: 13 Jun 2011 03:00 AM PDT

06/13/11 Todd Schoenberger, Managing Director for LandColt Trading, introduces us to the term “macroeconomic data” while also describing the important role it plays for investors in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


No comments:

Post a Comment