Sunday, July 24, 2011

DailyMarkets.com - Gold Futures – Weekly Review: July 18 – 22

DailyMarkets.com - Gold Futures – Weekly Review: July 18 – 22


Gold Futures – Weekly Review: July 18 – 22

Posted: 24 Jul 2011 03:09 AM PDT

Forexpros – Last week saw gold prices post their third consecutive weekly gain, re-approaching the all-time high on Friday as mounting worries over a potential U.S. sovereign debt default boosted the safe haven appeal of the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery settled at USD1,602.65 a troy ounce by close of trade on Friday, gaining 0.52% over the week.<br /><br />It earlier rose to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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

Posted: 24 Jul 2011 03:01 AM PDT

Forexpros – Last Friday saw the U.S. dollar pare losses against the yen, pulling back from a four-month low after the initial euphoria generated by an agreement on a second bailout for Greece faded, boosting the greenback.<br /><br />USD/JPY hit 78.21 on Friday, the pair&rsquo;s lowest since March 17; the pair subsequently consolidated at 78.52 by close of trade, still down 0.70% on the week.<br /><br />The pair is likely to find support at 77.09, the low of March … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Weekly Outlook: July 25-29

Posted: 24 Jul 2011 01:48 AM PDT

Forexpros – Last week saw the euro rally to a two-week high against the U.S. dollar, after European Union leaders agreed on a new bailout for Greece, before pulling back as the initial euphoria that followed the agreement faded.<br /><br />On Thursday, euro zone leaders announced a new aid package for Greece worth EUR159 billion, with bondholders agreeing to contribute to the bailout. They also expanded the role of the European Financial Stability Facility to purchase bonds from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Revisiting Chemrez Technologies, Inc. (COAT)

Posted: 23 Jul 2011 10:09 PM PDT

The limelight has been on the mining sector plus a couple of small cap stocks during the last last couple of weeks as they have bagging handsome gains. Chemrez Technologies, Inc. or COAT, though under the radar, has likewise been doing pretty well. However, unlike the small cap companies that raked in 20%, 30%, 50% or even more in a span of days or weeks, COAT's stock appreciation appears to be backed by technical and fundamental supports.
Now, if you remember, my respected colleague placed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Markets In Everything: Crowd-Funding Books

Posted: 23 Jul 2011 09:18 PM PDT

From The Economist:

“Unbound is a British effort to "crowd-fund" books. Visitors to its website can pledge money for a book that is only part-written. If enough money is raised, the author can afford to finish it—and the pledgers will get a copy.
 
Having launched in May, the firm announced its first success on July 18th. Terry Jones, of Monty Python fame, has secured the funds to finish a book of quirky stories. Handsome edited volumes and e-books will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Figure And Then Point Your Way To Major Profits

Posted: 23 Jul 2011 08:34 PM PDT

We get it, the reader has a busy life, how can the reader maintain a stock portfolio keep up with chart patterns and avoid the noise that so rounds the stock market to remain profitable. Simply we say understand a little about point and figure charts are you will be yards ahead of the crowd.

Why use Point and Figure Charts?
Your stock went up $1.00 on Monday and continued down $.63 on Tuesday. It went back up $1.40 on Wednesday while falling down $.30 on Thursday. When you take a look at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Intrade Odds For Obama Lowest Since Jan. 2

Posted: 23 Jul 2011 08:32 PM PDT

Intrade odds for Obama to be re-elected have been trending downward since late February and now at 55.6%, the lowest since January 2 of this year.  

HT: Steve … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil Technical Analysis For The Week Of July 25, 2011

Posted: 22 Jul 2011 11:40 AM PDT

By CommoditiesMansion.com

 
Light Sweet Crude
The week has been bullish for this contract, but we still see the $100 area act as a massive barrier. However, on the daily charts it is clear that every dip becomes more and more shallow. This bodes well for bulls, and suggests that the $100 mark eventually gives way, and the market goes to $105 right away.

Brent
The Brent markets are forming massive buying pressure under the $120 area, and as soon as we can get over that – we should … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Technical Analysis For The Week Of July 25, 2011

Posted: 22 Jul 2011 11:39 AM PDT

By CommoditiesMansion.com

 
The natural gas markets have looked very range bound over the last several months, and is appears that we are going to continue to trade within the greater range of $4 to $5. The market has several intermediate levels, but from a larger point of view, you can simply buy at the bottom, and sell at the top. The market seems to be very comfortable in this range, and as such – you should take advantage of it.

Originally posted here

Read about crude oil and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Technical Analysis For The Week Of July 25, 2011

Posted: 22 Jul 2011 11:38 AM PDT

By CommoditiesMansion.com

 
The gold markets have found a lot of support recently, mainly because of various debt issues on both sides of the Atlantic. The reality is that the market is somewhat held hostage by the wheeling and dealing coming out of D.C., and when the debt limit deal is finally agreed upon there will more than likely be a selloff in this commodity. It has sold off every time there is even a hint of an agreement, and rebounded every time there has been a denial of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil Technical Analysis For July 25, 2011

Posted: 22 Jul 2011 11:37 AM PDT

By CommoditiesMansion.com

 
Light Sweet Crude
The CL contract fell on Friday, but managed to bounce yet again. The currently level, just under $100 suggests that we are going to have a fight to get above that mark, but the fact that the lows keep getting higher there is a real chance at a break out. A close on the daily chart above $100 gets us buying. We also will buy on dips.

Brent
Brent looks very similar to the CL market, but is focusing on the $120 level. The pressure certainly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Technical Analysis For July 25, 2011

Posted: 22 Jul 2011 11:36 AM PDT

By CommoditiesMansion.com

 
The natural gas markets rallied during the day on Friday, but failed to hold those gains. The $4.40 level did act as support, and has held the market up. However, this candle for Friday doesn't look good, and we are waiting to see if the larger $4.40-$4.20 zone holds for the market. We are looking for supportive candles in that area to buy.       

Originally posted here

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Gold Technical Analysis For July 25, 2011

Posted: 22 Jul 2011 11:35 AM PDT

By CommoditiesMansion.com

 
The gold markets rose on Friday, continuing the recent range bound conditions that revolve around the $1,600 mark. The truth is that this market is pretty overbought, and the traders seem to be taking a break. There is massive headline risk in this market as every time the news out of D.C. suggests that the US government can reach a deal on the debt ceiling, the market sells off. The reality is that there is a good chance there will be an agreement, and the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Weekly Fundamental Analysis For July 25-29, 2011

Posted: 22 Jul 2011 01:52 AM PDT

By CommoditiesMansion.com
It was a very volatile week for gold and the metal continued to hold hear the new historic high around $1,600 per ounce and the metal is still supported by the prevailing uncertainty in Europe, the U.S. and over the global recovery.
This week, the metal's outlook will still be determined by the ongoing debate in the market over the capability of the euro area leaders' decisions to stem the crisis and whether the U.S. will finally reach the needed decision to raise … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil Weekly Fundamental Analysis For July 25-29, 2011

Posted: 22 Jul 2011 01:50 AM PDT

By CommoditiesMansion.com
Crude oil prices extended the gains last week amid the dollar's weakness, while a bigger than expected drop in crude oil inventories also helped in pushing crude oil prices higher. The U.S. dollar weakened as EU leaders agreed a deal to help Greece with its debt crisis, which boosted demand for higher yielding assets, which put downside pressure on the USD, pushing crude oil prices higher as a result.
Meanwhile, the EIA report showed that crude oil inventories fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Weekly Fundamental Analysis For July 25-29, 2011

Posted: 22 Jul 2011 01:49 AM PDT

By CommoditiesMansion.com
Natural gas prices dropped last week on speculations of milder weather conditions during this upcoming week in the Midwest and East of the United States, which led to speculations of falling demand for power-plant fuel.
On the other hand, the rise in natural gas inventories last week came in line with expectations and slightly contributed to the drop in natural gas prices, where the EIA report showed that natural gas stockpiles increased last week by 60 billion cubic … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Daily Fundamental Analysis For July 25, 2011

Posted: 22 Jul 2011 01:49 AM PDT

By CommoditiesMansion.com
Gold prices rose on Friday, as despite a European agreement to help Greece with its swelling debt problem, yet investors were still concerned that the European debt crisis will continue to spread across the region, as traders fear more prominent nations in the Euro Zone area will face similar difficulties including Italy and Spain, the Euro Zone's third and fourth largest economies respectively.
Earlier on Friday optimism was the dominant theme among traders, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil Daily Fundamental Analysis For July 25, 2011

Posted: 22 Jul 2011 01:48 AM PDT

By CommoditiesMansion.com
Crude oil prices dropped back on Friday, as pessimism resurfaced in markets despite an agreement to help Greece with its debt problems, while U.S. lawmakers are yet to reach an agreement to raise the debt ceiling, which casted doubts among traders and pushed crude oil prices lower. Moreover, data from China on Thursday suggested demand is easing, which also contributed to the drop in prices on Friday.
Traders will be focused on the latest developments in the United … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Daily Fundamental Analysis For July 25, 2011

Posted: 22 Jul 2011 01:47 AM PDT

By CommoditiesMansion.com
Natural gas prices rebounded to the upside on Friday, as hot weather conditions in Ease Coast cities in the United States boosted speculations of rising demand for power-plant fuel to meet rising cooling demand.
Expectations of milder weather conditions early next week should put negative pressure on natural gas prices on Monday, since it will lead to speculations of lower demand for power-plant fuel.
Originally posted here

Read about crude oil and the oil price at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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