Sunday, June 19, 2011

DailyMarkets.com - Stock Market Summary For Friday, June 17, 2011

DailyMarkets.com - Stock Market Summary For Friday, June 17, 2011


Stock Market Summary For Friday, June 17, 2011

Posted: 19 Jun 2011 08:42 AM PDT

DJIA support/resistance levels are: 11,952/12,058
S&P 500 support/resistance levels are: 1,271/1,276
Nasdaq Composite support/resistance levels are: 2,580/2,617

Stock Market Direction (Through market close of Thursday, June 16, 2011):
Short Term: Bearish
Long Term: Bearish
Note: Delayed one trading day to protect paying members to our stock focus … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


How About Europe Learning From Mississippi?

Posted: 19 Jun 2011 07:59 AM PDT

In a New York Times editorial last year titled “Learning from Europe” Paul Krugman wrote:

“The story you hear all the time about Europe — of a stagnant economy in which high taxes and generous social benefits have undermined incentives, stalling growth and innovation — bears little resemblance to the surprisingly positive facts. The real lesson from Europe is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Futures – Weekly Review: June 13-17

Posted: 19 Jun 2011 07:38 AM PDT

Forex Pros – Last week saw natural gas futures fall sharply, dropping to a four-week low on Friday as prices were pressured by rising U.S. supplies and a mild weather outlook that was expected to limit demand for the fuel. <br /><br />On the New York Mercantile Exchange, natural gas futures for delivery in July settled at USD4.340 per million British thermal units by close of trade on Friday, plunging 9.5% over the week.<br /><br />It earlier fell to USD4.319 per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Weekly Outlook: June 20-24

Posted: 19 Jun 2011 07:33 AM PDT

Forex Pros – The euro strengthened against the U.S. dollar on Friday, as concerns that Greece was moving closer to a default eased as European leaders appeared to move closer to a resolution on a financial aid package for the indebted nation.<br /><br />EUR/USD hit 1.4072 on Thursday, the pair&rsquo;s lowest since May 26; the pair subsequently consolidated at 1.4310 by close of trade on Friday, slipping 0.09% over the week.<br /><br />The pair is likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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