Monday, July 4, 2011

DailyMarkets.com - Nuclear Energy And Uranium Miners Present Unique Opportunity

DailyMarkets.com - Nuclear Energy And Uranium Miners Present Unique Opportunity

Nuclear Energy And Uranium Miners Present Unique Opportunity

Posted: 04 Jul 2011 10:59 AM PDT

Read the recent interview with Jeb Handwerger in marketwatch.com by clicking here.
"Jeb Handwerger, editor of GoldStockTrades.com who's also a natural-resource analyst, pointed out that the world didn't stop mining resources after the fatal explosion at a Massey Energy Co. mine or after the BP BP +0.75% Deepwater Horizon oil spill, both last year.
"There is no form of energy production that is without risk. Coal mines can collapse, oil rigs and pipelines can explode and dams … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

State Bank Of Vietnam Reduces OMO Rate By 100bps To 14.00%

Posted: 04 Jul 2011 10:29 AM PDT

The State Bank of Vietnam reduced its open market operations (OMO) interest rate by 100 basis points to 14.00% from 15.00% previously, according to reports by Bloomberg and Reuters.  Aside from the OMO rate adjustment, the Bank held its main monetary policy rate, the Base rate, unchanged at 9.00%.  The Bank also held the Discount interest rate unchanged at 13.00%, and the Refinancing rate at 14.00%. 

Vietnam’s central bank last increased the OMO, or reverse … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Markets Mixed At Close; Dax Up 0.32%

Posted: 04 Jul 2011 09:55 AM PDT

Forex Pros – pros – European stocks were mixed after the closing bell on Monday.<br/><br/> At the close of European trade, Germany&rsquo;s DAX rose 0.32%, London&rsquo;s FTSE 100 gained 0.46%, France&rsquo;s CAC 40 declined 0.11% and the EURO STOXX 50 was down 0.19%.<br/><br/> Earlier in the day, official data showed that Euro zone producer price inflation fell more-than-expected to a seasonally adjusted -0.2% last month from 0.9% in the preceding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AUD/USD Elliott Wave Structure And Technicals Bullish Ahead Of The RBA Meeting

Posted: 04 Jul 2011 09:50 AM PDT

AUD/USD

- Looking at the 4H chart, we see the AUD/USD possibly capitulating a sharp reversal swing that started last week from near 1.04.
- Notice that the the rally broke above a channel after it completed a 5-wave (abcde) structure.
- Note also that the RSI never broke below 30 to establish bearish momentum. Instead the current swing pushed the reading above 70 in the 4H chart, establishing bullish momentum.
- The structure of the rally can be broken down into 5-waves, with the 3rd wave … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex Trading: EURUSD Squeezes Higher To Test Intraday Trendline Resistance

Posted: 04 Jul 2011 09:43 AM PDT

The EURUSD is squeezing higher and tests trendline resistance on the intraday chart t the 1.4536 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Kickoff From Dual Timeframe Support Example In Harley HOG

Posted: 04 Jul 2011 09:23 AM PDT

A reader recently asked me if we had a "Kick-off" Signal in Harley Davidson (HOG) and indeed we did – with powerful follow-through as anticipated.
The entire event gives us a great lesson in the Kick-off Reversal Signal, with the special emphasis on two-timeframe confluence support (on a retracement) where the Kick-off Reversal Signal formed on the intraday frame.
Let's take it step-by-step and learn from this excellent reference.
First, let's build down from the higher frames – The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

This Week’s USD/CAD Trading Plan Focused Around Following Oil And Equities Post Relief Rally

Posted: 04 Jul 2011 09:16 AM PDT

We want to try and create a trading plan using the recent moves in oil price as an indication for what may happen with the USD/CAD. The bias in this scenario is that oil prices will not be able to maintain their recent rally, and may fall down from the $95 level. If this happens, and we have a more general move toward caution in the equities market, then the USD/CAD has a chance to retrace its strong move in last week's trading.
The basics of the set-up are as follows:
Trigger: Oil price … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Almost Unchanged In Holiday Thinned Trade

Posted: 04 Jul 2011 07:48 AM PDT

Forex Pros – The U.S. dollar was almost unchanged against its major counterparts in quiet holiday trade on Monday, as the euro slipped after Standard &amp; Poor’s warned that a proposed debt rollover plan for Greece could put the country into default.<br /><br />During European late afternoon trade, the greenback was slightly higher against the euro, with EUR/USD dipping 0.03% to hit 1.4518.<br /><br />The single currency remained supported by expectations that the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Futures Slump To 2-day Low In Thin Holiday Trade

Posted: 04 Jul 2011 07:48 AM PDT

Forex Pros – pros &ndash; Natural gas futures were down on Monday, slumping to a two-day low in holiday-thinned trade as a moderating weather outlook in the U.S. weighed on demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for July delivery traded at USD4.279 per million British thermal units during European late afternoon trade, dropping 0.85%. <br /><br />It earlier fell as much as 1.3% to trade at USD4.256 per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Clings To Gains After Greece Debt Warning

Posted: 04 Jul 2011 07:27 AM PDT

Forex Pros – pros &ndash; The pound held modest gains against the U.S. dollar in quiet holiday trade on Monday, after ratings agency Standard &amp; Poor’s warned that a debt rollover plan for Greece could amount to a default.<br /><br />GBP/USD hit 1.6140 during European late afternoon trade, the pair&rsquo;s highest since June 22; the pair subsequently consolidated at 1.6080, up just 0.04% on the day.<br /><br />Cable was likely to find support at 1.5969, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Extend Gains On S&P Greek Warning

Posted: 04 Jul 2011 07:24 AM PDT

Forex Pros – pros &ndash; Gold futures extended gains in holiday-thinned trade on Monday, re-approaching the psychologically important USD1,500-an-ounce level, after ratings agency Standard &amp; Poor&rsquo;s warned that a plan to rollover Greek debt could amount to a default.<br />&nbsp;<br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,495.95 a troy ounce during European late afternoon trade, gaining … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Dollar Mostly Mixed In Illiquid Market Conditions

Posted: 04 Jul 2011 07:17 AM PDT

The U.S. Dollar was mixed against the major currencies on Monday, as the U.S. equity markets were closed for a national holiday, creating illiquid trading conditions. Still, the markets tilted towards a 'risk-on' bias, with the New Zealand Dollar appreciating the most in the Asian and European sessions.
The major headline from the overnight was a report issued by Standard & Poor's, in which the rating agency noted that the French bank rollover plan would qualify as a distressed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Horizonte Minerals Kicks Off Drilling Programme At Falcao Gold Project In Brazil

Posted: 04 Jul 2011 01:21 AM PDT

Horizonte Minerals (LON:HZM), the AIM and TSX quoted exploration and development company working in Brazil, has begun a 3,000m diamond drilling programme at its Falcao gold project in the southern part of the Carajas mining district in northern Brazil, in joint venture with industry giant AngloGold Ashanti (NYSE:AU). The news pushed the Horizonte share price up by 2.5% to 15.5p. Broker FinnCap said it expected the results of the drilling to be announced towards the end of Q3 and reiterated … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Pennon’s Viridor Division Signs Exeter Waste Deal

Posted: 04 Jul 2011 01:08 AM PDT

Pennon (LON:PNN) this morning reported that its Viridor Waste Management subsidiary had reached agreement with Devon County Council for the diversion and treatment of 60,000 tonnes of Devon's residual municipal waste through the financing, construction, and operation of a new 'Energy from Waste' (EfW) plant at the Marsh Barton site in Exeter. Pennon's share price responded with a modest 4.5p rise to 705.5p.

Pennon, the FTSE 250 group that also owns South West Water, said that key parts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
at

No comments:

Post a Comment