DailyMarkets.com - John Taylor Short Euro, Long US Dollar – UPDATE

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• John Taylor Short Euro, Long US Dollar – UPDATE
• Desperate Times
• Forex – GBP/JPY Up During The Asian Session
• Forex – EUR/USD Up In Asian Trade
• Forex – USD/JPY Up During Asian Trade
• GM Sonic Brings Innovation To Subcompact Market
• Invest In America
• What Is The Fed Thinking?
• Forex – NZD/USD Down In Asian Trade
• The Day Ahead: Earnings – Yum Brands, Marriott International,US Import And Export Prices, EIA Oil Inventories, Bernanke Testifies Before House Financial Services Committee
• Fastenal Nears Estimates
• MMC Extends Employee Benefits
• ATK Wins Phase 2 Of M829E4 120mm
• Illumina Teams With Sequenom
• Orient-Express CEO Resigns
• Fastenal Nears Estimates
• Forex Trading: USDJPY Falls Sharply As The New Trading Day Begins
• Hot Stocks On Watch For The 13th Of July
• Alkermes Candidate Disappoints
• Dow Jones Average Dominated By Manufacturers
• Nelnet Buys Interest In FFELP Loans
• Franklin’s June AUM Slides Down
• Williams Partners Wins Permit
• Liberty Property Buys Assets
• Closing Bell Market Monitor: RADS, NCR, MBI, MCHP
• Forex – EUR/USD Down At The End Of U.S. Session
• Forex – USD/JPY Down Toward The End Of U.S. Session
• Analyst Interviews: Risk Business A Bad Risk
• IP Takes Another Go At TIN
• Airgas Partners To Supply AiRx DEF
• Infosys Beats Estimates
• Cosan Reopens Notes Offering
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Close Lower; Dow Jones Down 0.47%
• Pfizer May Drop Two Divisions
• Plains Hikes Distribution Again
• Accusations Make News Corp. Hobble
• Heinz Promotes Soups In UK
• Forex – GBP/USD Up During The U.S. Session
• Time For QE3? Gold And Silver Miners Reversing Higher
• MITI Strikes Cancer Deal With Amgen
• Favorable Court Ruling For PDLI
• Forex – USD/CHF Down In U.S. Trading Hours
• Buy DUST @ $40.30 – Summer Trip
• Forex – USD/CAD Down In U.S. Trade
• Drill, Drill, Drill = Jobs, Jobs, Jobs = Investment, Investment, Investment = Energy Independence
• Forex – EUR/USD Up In U.S. Trading Hours
• The President’s Jobs Plan (Not)

John Taylor Short Euro, Long US Dollar – UPDATE Posted: 12 Jul 2011 06:24 PM PDT In early June John Taylor of FX Concepts said he was short the Euro and long the US Dollar to every one amazement! Folks on financial TV couldn’t believe it. The current euro sell off is proving why John Taylor is one of the worlds top currency traders. Always follow the folks you make ‘bank’ more so that those that dont. Nobody should execute investments decisions by what people say on TV, you should always apply your own analysis, we like to apply our Wyckoff 2.0 methodology. After all … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Desperate Times Posted: 12 Jul 2011 06:04 PM PDT With reports like these – “Small Businesses See Large Challenges” (MarketWatch) Recent sentiment surveys underscore pessimism, uncertainty Small-business owners have a dim view of the future, according to a gauge of their optimism for June that stands "solidly in recession territory," the National Federation of Independent Business reported Tuesday. The NFIB's barometer ticked down for a fourth consecutive month in June, reflecting pessimism about future business conditions as well as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/JPY Up During The Asian Session Posted: 12 Jul 2011 05:45 PM PDT Forex Pros – pros – The British Pound was higher against the Japanese Yen on Wednesday.<br/><br/> GBP/JPY was trading at 126.63, up 0.43% at time of writing.<br/><br/> The pair was likely to find support at 124.89, Tuesday&rsquo;s low, and resistance at 130.06, Friday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.18% to hit 1.5943 and EUR/GBP rising 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In Asian Trade Posted: 12 Jul 2011 05:05 PM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Wednesday.<br/><br/> EUR/USD was trading at 1.4003, up 0.19% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, Tuesday&rsquo;s low, and resistance at 1.4368, Friday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8784 and EUR/JPY rising 0.53% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up During Asian Trade Posted: 12 Jul 2011 04:15 PM PDT Forex Pros – pros – The U.S. Dollar was higher against the Japanese Yen on Tuesday.<br/><br/> USD/JPY was trading at 79.39, up 0.20% at time of writing.<br/><br/> The pair was likely to find support at 78.49, today&rsquo;s low, and resistance at 81.48, Friday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.04% to hit 1.3971 and GBP/USD rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GM Sonic Brings Innovation To Subcompact Market Posted: 12 Jul 2011 03:57 PM PDT 07/12/11 General Motor’s Chevy Sonic is taking a stab at revolutionizing the subcompact car market. Production methods and labor costs have been streamlined to create a profitable … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Invest In America Posted: 12 Jul 2011 03:41 PM PDT Invest in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

What Is The Fed Thinking? Posted: 12 Jul 2011 03:35 PM PDT The Federal Reserve just released the minutes to their June 21-22 FOMC meeting. Below I present the section dealing with the participants (Fed Governors and Regional Fed Presidents) views and projections. In between paragraphs I comment on the relevant data that has been released since the meeting, and interpret/translate their remakes. In their discussion of the economic situation and outlook, meeting participants agreed that the economic information received during the intermeeting period … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 12 Jul 2011 03:35 PM PDT Forex Pros – pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday.<br/><br/> NZD/USD was trading at 0.8174, down 0.08% at time of writing.<br/><br/> The pair was likely to find support at 0.8112, today&rsquo;s low, and resistance at 0.8384, Friday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.001% to hit 1.2954 and EUR/NZD falling … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Earnings – Yum Brands, Marriott International,US Import And Export Prices, EIA Oil Inventories, Bernanke Testifies Before House Financial Services Committee Posted: 12 Jul 2011 10:20 AM PDT 07/12/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fastenal Nears Estimates Posted: 12 Jul 2011 02:55 PM PDT Fastenal Co. (NASDAQ:FAST) posted a 36% increase in profit to $94.1 million in the second quarter of the year from $69.2 million a year-ago. On a per share basis, profit improved 39% to 32 cents from 23 cents a year ago, nearly meeting the Zacks Consensus Estimate of 31 cents. Sales in the quarter rose 23% to $701.7 million, higher than the Zacks Consensus Estimate of $699 million. Gross profit during the quarter increased 23% to $366.2 million (52.2%) from $297.7 million (52.1%) in the second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MMC Extends Employee Benefits Posted: 12 Jul 2011 02:55 PM PDT Expanding its employee benefits coverage, Marsh & McLennan Companies Inc.'s(NYSE:MMC) Marsh & McLennan Agency LLC (MMA) announced yesterday the acquisition of Texas-based Prescott Pailet Benefits LP (PPB). However, the terms and value of the deal remains undisclosed. MMA is a subsidiary of Marsh & McLennan's leading insurance brokerage wing– Marsh Inc. PPB came into existence in 2006 with the amalgamation of Prescott Benefit Services and Pailet Financial Services. The $6 million … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

ATK Wins Phase 2 Of M829E4 120mm Posted: 12 Jul 2011 02:55 PM PDT Alliant Techsystems Inc. (NYSE:ATK) received a three-year contract worth $77 million from the U.S. Army to develop and qualify the M829E4 120mm Advanced Kinetic Energy tactical tank ammunition. Alliant Techsystems has already completed the first Engineering Manufacture Design ('EMD') phase. It was then selected for the second phase based on an industry competition that included the results of a ballistic demonstration test and shoot-off. With the completion of the contract, Alliant Techsystems … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Illumina Teams With Sequenom Posted: 12 Jul 2011 02:35 PM PDT Illumina (NASDAQ:ILMN) recently entered into a three-year supply agreement with California-based genetic analysis solutions provider Sequenom (NASDAQ:SQNM) for large-scale analysis of genetic variations and functions. Financial terms of the agreement were not disclosed. The successful completion of the deal will enable Sequenom and its subsidiaries to develop its non-invasive tests using Illumina’s HiSeq sequencing equipments. This test will detect fetal chromosomal abnormalities associated with Down … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Orient-Express CEO Resigns Posted: 12 Jul 2011 02:35 PM PDT Orient-Express Hotels Ltd. (NYSE:OEH) recently announced that Paul White has resigned from his position of president and chief executive officer (CEO) on personal grounds. The company has begun the search for a successor. During the search period, chairman of the board, Bob Lovejoy, will continue as an interim chief executive officer. Paul White spent 20 years with Orient-Express Hotels and played a key role in consolidating its base. He helped the company to survive the difficult economic period, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Fastenal Nears Estimates Posted: 12 Jul 2011 02:35 PM PDT Fastenal Co. (NASDAQ:FAST) posted a 36% increase in profit to $94.1 million in the second quarter of the year from $69.2 million a year-ago. On a per share basis, profit improved 39% to 32 cents from 23 cents a year ago, nearly meeting the Zacks Consensus Estimate of 31 cents. Sales in the quarter rose 23% to $701.7 million, higher than the Zacks Consensus Estimate of $699 million. Gross profit during the quarter increased 23% to $366.2 million (52.2%) from $297.7 million (52.1%) in the second … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: USDJPY Falls Sharply As The New Trading Day Begins Posted: 12 Jul 2011 02:27 PM PDT The USDJPY fell sharply at 5:00 PM breaking below the from earlier today at 79.16 and falling to a low of 78.46.  The fall is similar to the fall that occured on March 17th in that it occured around 5 PM ET.  The fall, however was not nearly as dramatic.  The fall in March took the price from 79.76 to 76.41 or 335 pips. This fall took the price from 79.23 to a low of 78.45 or a mere 78 pips.  So it is hard to compare the two from that perspective. The price rebound off the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Stocks On Watch For The 13th Of July Posted: 12 Jul 2011 02:18 PM PDT ( click to enlarge ) Travelzoo Inc. (NASDAQ:TZOO) showing a cup and handle pattern. It will be interesting to see if it attempts to clear the pivot point. ( click to enlarge ) Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Big volume breakout, consolidating nicely. Although the technical chart shows some negative indication as %K line is now below of %D line, since both 50 day and 200 day moving averages are still going up the stock is still in a bull market. I’d buy RRGB when it breaks the high at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Alkermes Candidate Disappoints Posted: 12 Jul 2011 02:10 PM PDT Recently, Alkermes Inc. (NASDAQ:ALKS) presented disappointing top line data from a mid-stage study (n=68) of its pipeline candidate ALKS 33 for treating patients suffering from binge eating disorder. The randomized, double-blind, placebo-controlled study evaluated the safety and efficacy of ALKS 33, administered orally on a daily basis, versus placebo. Results from the 12-week study revealed ALKS 33 was not more effective than placebo in reducing weekly episodes of binge eating. The disappointing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dow Jones Average Dominated By Manufacturers Posted: 12 Jul 2011 02:06 PM PDT I’ve posted many times about the supposed “decline/demise/death of American manufacturing,” how we supposedly “don’t make anything here any more,” etc. etc.   And yet what is probably the most popular and most widely-quoted measure of the health of America’s stock market?  It’s the Dow Jones Industrial Average (DJIA), which is dominated by U.S. manufacturers.  Of the 30 component companies in the DJIA, 19 are American manufacturers: 3M, Dupont, Aloca, IBM, Boeing, Intel, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nelnet Buys Interest In FFELP Loans Posted: 12 Jul 2011 02:05 PM PDT Nelnet Inc. (NYSE:NNI) has acquired theresidual interest in $1.9 billion of Federal Family Education Loan Program (FFELP) consolidation loans from an affiliate of Greystone & Co. Inc. The deal terms were not disclosed. This acquisition is projected to be immediately accretive to the company's base net income. Nelnet obtained the ownership interest in GCO SLIMS Trust-1 (SLIMS Trust), which bestowed the company rights to the residual interest in GCO Education Loan Funding Trust-I (Trust-I). … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Franklin’s June AUM Slides Down Posted: 12 Jul 2011 02:05 PM PDT Franklin Resources Inc.(NYSE:BEN) declared preliminary assets under management (AUM) of $734.2 billion by its subsidiaries for the end of June. Results were down 0.2% from $735.8 billion as of May 31, 2011 but up 28.7% from $570.5 billion as of June 30, 2010. Month-end total equity assets came in at $309.8 billion, down 2.1% sequentially, but up 31.2% year over year. Of the total equity assets, roughly 73% were from international sources while the remaining 27% were from the U.S. Total fixed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Williams Partners Wins Permit Posted: 12 Jul 2011 02:05 PM PDT Williams Partners L.P. (NYSE:WPZ) got a nod from the Federal Energy Regulatory Commission (FERC) for the expansion of its Transco natural gas pipeline to serve evolving markets in the Mid-Atlantic region. The Mid-Atlantic Connector expansion project is slated to be operational by November next year, with 142,000 dekatherms (1.38 billion cubic feet) of additional transportation capacity to serve the regional market. The expansion, which will cost about $55 million, involves approximately three … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Liberty Property Buys Assets Posted: 12 Jul 2011 02:05 PM PDT Liberty Property Trust (LRY), a real estate investment trust, recently acquired two distribution centers from Mirvac for approximately $60.0 million. The two distribution centers are located at Centerpoint Intermodal Center in Elwood, Illinois. The acquisition will enhance the company's portfolio of industrial properties to 6.3 million square feet. The centers are currently 36% leased totaling 1.2 million square feet. The acquired properties include a 1,022,554 square-feet facility spanning … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: RADS, NCR, MBI, MCHP Posted: 12 Jul 2011 02:00 PM PDT 07/12/11 The latest in news, commentary, and information on what’s moving the US equities … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of U.S. Session Posted: 12 Jul 2011 01:55 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> EUR/USD was trading at 1.3975, down 0.39% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, today&rsquo;s low, and resistance at 1.4374, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 12 Jul 2011 01:40 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> USD/JPY was trading at 79.29, down 1.21% at time of writing.<br/><br/> The pair was likely to find support at 79.19, today&rsquo;s low, and resistance at 81.48, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: Risk Business A Bad Risk Posted: 12 Jul 2011 01:35 PM PDT Industry Rank Analysis 7-12-11 There are all sorts of disasters in the world, and they happen all the time. Recently though, there seem to have been an awful lot of them, from the earthquake and tsunami in Japan to the tornados across the South. Who pays for the damage caused? In large part it is the Property and Casualty Insurance companies. However, big payouts from disasters are not the only problem the industry faces. Insurance companies collect money upfront in the form of premiums to have … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

IP Takes Another Go At TIN Posted: 12 Jul 2011 01:35 PM PDT International Paper Co. (NYSE:IP) has taken its $3.3 billion or $30.60 per share cash tender offer of all outstanding shares of its competitor Temple-Inland Inc. (NYSE:TIN) to the latter's shareholders. The proposal will expire on August 9, 2011. Temple-Inland’s board of directors will review the offer to determine the course of action that it believes is in the best interest of the company and its stockholders. The company's shareholders have been advised to refrain from any action at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Airgas Partners To Supply AiRx DEF Posted: 12 Jul 2011 01:35 PM PDT Airgas Inc. (NYSE:ARG) is partnering with MacEwen Petroleum Inc., Maxville, Ontario, to distribute AiRx Diesel Exhaust Fluid (DEF) in Canada. MacEwen is a leading supplier of petroleum products to customers ranging from retail to wholesale to commercial and residential markets. MacEwen is also a leading convenience store operator with its C-store Brand. Airgas AiRx DEF is used in diesel engines and helps reduce harmful diesel exhaust pollutants with the help of Selective Catalytic Reduction (SCR) … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Infosys Beats Estimates Posted: 12 Jul 2011 01:35 PM PDT Infosys Technologies Limited (INFY) reported first quarter 2012 earnings per ADS from continuing operations of 67 cents, which surpassed the Zacks Consensus Estimate of 64 cents. Earnings declined 4.3% sequentially but grew 17.5% year over year, led by growth in all areas and across the customer base. Business Details Total revenue for the quarter was $1.6 billion, representing a year-over-year growth of 23.0%. The company saw growth in retail and manufacturing and also in banking, insurance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cosan Reopens Notes Offering Posted: 12 Jul 2011 01:35 PM PDT Cosan Overseas Limited, a subsidiary Cosan Limited (NYSE:CZZ), announced the reopening of its Senior Notes perpetual offering issued on October 29th, 2010. The issue of $200 million worth of notes is priced at 103% of the face value, with an effective interest rate of 7.429% per annum. The notes are guaranteed by Cosan S.A. Indústria e Comércio and Cosan Combustíveis e Lubrificantes S.A. (CCL). The proceeds from the issue will be utilized for general corporate purposes, including strengthening … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 12 Jul 2011 01:25 PM PDT Forex Pros – pros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> EUR/USD was trading at 1.3978, down 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, today&rsquo;s low, and resistance at 1.4374, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.47% Posted: 12 Jul 2011 01:10 PM PDT Forex Pros – pros – U.S. stocks were down after the closing bell on Tuesday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 0.47%, the S&P 500 index shed 0.44%, while the Nasdaq 100 index declined 0.77%.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -50.2B last month from -43.6B in the preceding month whose figure was revised up from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pfizer May Drop Two Divisions Posted: 12 Jul 2011 01:05 PM PDT In a bid to utilize its resources optimally so as to maximize shareholder value, Pfizer Inc. (NYSE:PFE) announced that it will explore options regarding its Animal Health and Nutrition segments. The company may even sell off the units to meet the objective. Pfizer also stated that it will consider other options such as spinning off the two segments or pursuing separate strategies for each unit. The transaction is not expected to be completed before a year and may even take two years. Consequently, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Plains Hikes Distribution Again Posted: 12 Jul 2011 01:05 PM PDT Plains All American Pipeline LP (NYSE:PAA) continued with its practice of sharing more benefits with its unitholders through the increase of the cash distribution rate. The partnership announced a new quarterly cash distribution rate of 98.25 cents per unit on all of its outstanding limited partner units. The new distribution reflects a 1.3% growth over the quarterly distribution of 97 cents per unit paid in May 2011 and an increase of 4.2% from the quarterly distribution of 94.25 cents per unit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Accusations Make News Corp. Hobble Posted: 12 Jul 2011 01:05 PM PDT Stormed by accusations, News Corp. (NWSA), a diversified global media company, announced measures to keep the British Sky Broadcasting's bid alive by putting the deal on hold for about a year. However, recent data suggests that News Corp. lost approximately $7 billion of its worth in just four trading days, clearly reflecting the negative investor sentiments driven by allegations against the company. Going by its strategy, News Corp. called off its earlier plan to spin off BSkyB’s Sky News … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Heinz Promotes Soups In UK Posted: 12 Jul 2011 01:05 PM PDT H.J. Heinz Co. (HNZ ) plans to sp end 2 million pounds ($3.2 million) to market its new "Squeeze & Stir" soup in UK. Heinz will advertise its product in supermarkets helped by television and internet. Apart from selling powdered cup soups, Heinz will now sell soup in sachets, which will contain a puree for dilution with hot water. Heinz will put its product on sale by the end of July at a retail price of 59 pence a packet. Heinz had posted robust earnings of 84 cents per share … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up During The U.S. Session Posted: 12 Jul 2011 12:55 PM PDT Forex Pros – pros – The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> GBP/USD was trading at 1.5915, up 0.05% at time of writing.<br/><br/> The pair was likely to find support at 1.5781, today&rsquo;s low, and resistance at 1.6078, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Time For QE3? Gold And Silver Miners Reversing Higher Posted: 12 Jul 2011 12:41 PM PDT At times such as these the economy reminds us of the inscription that Dante read at the gates to hell, "Abandon Hope, All Ye Who Enter Here." My firm takes a different view of this grim admonition. At the risk of sounding pollyanish, we look for the silver lining instead of succumbing to panic. Can the economy get any worse from here? Perhaps, yet the situation brings to mind an old aphorism, "The worse things were…the better they got." The Gershwin Brothers put the same thought … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MITI Strikes Cancer Deal With Amgen Posted: 12 Jul 2011 12:35 PM PDT Micromet, Inc. (NASDAQ:MITI) recently announced yet another cancer drug development deal with biotech giant Amgen, Inc. (NASDAQ:AMGN). Micromet has signed a collaboration agreement with Amgen under which it will develop BiTE antibodies against three undisclosed solid tumor targets. BiTE antibodies represent a new class of antibodies that activate the T-cells of a patient's immune system to eliminate cancer cells. Per the terms of the deal, Micromet will be responsible for the discovery and pre clinical … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Favorable Court Ruling For PDLI Posted: 12 Jul 2011 12:35 PM PDT PDL BioPharma (RHHBY). The court rejected Roche's motion filed in November 2010 to dismiss PDL's lawsuit due to lack of personal jurisdiction. The court also denied Roche and Genentech's (a subsidiary of Roche) motion to dismiss four of PDL’s five claims for relief. The court however dismissed one claim brought by PDL. The companies have been in litigation since 2010. PDL believes that supplementary certificates (SPCs) granted to it by various European nations are enforceable against … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours Posted: 12 Jul 2011 12:30 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Swiss Franc on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> USD/CHF was trading at 0.8298, down 0.73% at time of writing.<br/><br/> The pair was likely to find support at 0.8284, today&rsquo;s low, and resistance at 0.8520, Friday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Buy DUST @ $40.30 – Summer Trip Posted: 12 Jul 2011 12:29 PM PDT I bought a position in Direxion Gold Miners Bear 2X ETF (DUST) at $40.30.  At the time of my purchase the daily and 4 hour True Strength Index (TSI) indicator was showing a considerable negative divergence which inspired my trade. Click on the chart to ENLARGE Tomorrow I leave for 2 weeks on a family vacation – we will be driving through many of the states in the western half of the United States, with YellowStone National Park and Seattle as the highlights. My TSI Trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 12 Jul 2011 12:10 PM PDT Forex Pros – pros – The U.S. Dollar was lower against the Canadian Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> USD/CAD was trading at 0.9640, down 0.51% at time of writing.<br/><br/> The pair was likely to find support at 0.9570, Friday&rsquo;s low, and resistance at 0.9779, today&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Drill, Drill, Drill = Jobs, Jobs, Jobs = Investment, Investment, Investment = Energy Independence Posted: 12 Jul 2011 11:58 AM PDT BISMARCK, ND – “According to a new study from the Western Energy Alliance, North Dakota oil production could soon outpace imports from oil-rich nations like Russia, Iraq and Kuwait. "The Bakken formation spanning North Dakota and Montana will lead oil production in the region, with an expected 685,000 barrels of oil and condensate a day by 2020 (see chart above)," the group states in a press release referring to a study done by EIS Solutions. "Combined with other western production, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours Posted: 12 Jul 2011 11:45 AM PDT Forex Pros – pros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.<br/><br/> EUR/USD was trading at 1.4035, up 0.03% at time of writing.<br/><br/> The pair was likely to find support at 1.3838, today&rsquo;s low, and resistance at 1.4374, Thursday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -50.2B … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The President’s Jobs Plan (Not) Posted: 12 Jul 2011 11:19 AM PDT What did the President do in response to last week's horrendous job report — unemployment rising to 9.2 percent in June, with only 18,000 new jobs (125,000 are needed each month just to keep up with the growth in the potential labor force)? He said the economy continues to be in a deep hole, and he urged Congress to extend the temporary reduction in the employee part of the payroll tax, approve pending free-trade agreements, and pass a measure to streamline patent procedures. To call this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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