Sunday, July 24, 2011

DailyMarkets.com - Cross Market Compression Levels To Watch July 24

DailyMarkets.com - Cross Market Compression Levels To Watch July 24


Cross Market Compression Levels To Watch July 24

Posted: 24 Jul 2011 09:10 AM PDT

Given the large economic/news events playing out at the moment, it's little surprise that the Cross-Market (Inter-market) landscape has taken on a pause or consolidation phase at the moment.
With the US Debt Ceiling and European Debt Situation coming to a resolution soon, the inter-market structure has currently balanced at value or "pause" areas that have formed clear range boundaries to watch should there be resolution and a breakout soon.
Let's focus on those key range support and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Quote Of The Day: Understanding Mercantilism

Posted: 24 Jul 2011 08:34 AM PDT

“No politician ever gained power by not interfering in the market, and no special interest ever sponged off the rest of society by competing in the free market. That’s all the analysis you need to understand mercantilism.”

~Geoih in a comment on this April 14, 2011 CD … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Chart Of The Day: Texas Jobs Vs. California Jobs

Posted: 24 Jul 2011 08:28 AM PDT

In response to some discussion on this recent CD post about state tax burdens, the chart above is an updated comparison of monthly employment levels in Texas and California back to 1996.  Since January 2008 when the recession was starting and the California employment level was peaking, Texas has gained 228,000 jobs (and never really had much of a downturn in employment even during the worst recession in modern times), while California has lost more one million jobs (1,113,200).  In … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


3 Problems With The EU Summit Solution That Can Hurt The Euro

Posted: 24 Jul 2011 08:11 AM PDT

Following the EU Summit last week, we had a surge in the Euro from euphoria. Several of the steps taken look to be promising, but the agreement will not act as a panacea, and has several problems that need to be dealt with.

If not, then the steps taken can still bring the European financial system stress, especially if Spain or Italy comes under pressure the way we saw in July.
Here are 3 things that could go wrong with the current proposals and which would cause the EUR to fall as a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Futures – Weekly Review: July 18 – 22

Posted: 24 Jul 2011 07:51 AM PDT

Forexpros – Last week saw natural gas futures slump to a six-day low on Friday, as forecasts showed warmer-than-normal weather across most parts of the U.S. will moderate next week, reducing demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for delivery in August settled at USD4.399 per million British thermal units by close of trade on Friday, dropping 3.3% over the week.&nbsp; <br /><br />It earlier fell to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Weekly Outlook: July 25-29

Posted: 24 Jul 2011 07:46 AM PDT

Forexpros – The euro pared gains against the U.S. dollar on Friday, pulling back from a two-week high as the initial optimism which greeted the fresh aid package for Greece faded as investors began to focus on other risks in the euro zone.<br /><br />EUR/USD hit 1.4437 on Friday, the pair&rsquo;s highest since July 6; the pair subsequently consolidated at 1.4355 by close of trade, surging 1.70% over the week.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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