DailyMarkets.com - European Stocks Pare Gains As Debt Fears Linger; DAX Up 1.1% |
- European Stocks Pare Gains As Debt Fears Linger; DAX Up 1.1%
- Forex – Dollar Lower Vs. Most Rivals As Sentiment Improves
- Forex – USD/JPY Close To 4-month Low, No BoJ Action Seen
- Crude Oil To Rebound With S&P 500, Gold Positioned For Pullback
- Forex – GBP/USD Edges Higher Ahead Of Osborne Speech
- South Korea Central Bank Holds Interest Rate At 3.25%
- Crude Oil Climbs To 3-day High As U.S. Demand Fears Ease
- Gold Futures Ease Off Record High As CME Margin Hike Weighs
- Forex – NZD/USD Pulls Back From Lows As Sentiment Recovers
- Forex – AUD/USD Off 2-day Low Despite Weak Jobs Data
- Asia Stocks Pare Losses After Sharp Plunge; Nikkei Sheds 0.6%
- Forex – EUR/USD Rebounds From 4-day Low, Downside Risks Remain
- Momentum Stock: Randgold Resources Ltd.
- Bull Of The Day: Wyndham Worldwide (WYN)
- Growth & Income Stock: Simon Property Group, Inc.
- Bear Of The Day: Archer Daniels Midland (ADM)
- Aggressive Growth Stock: Oil States International, Inc
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- Forex – EUR/CHF Up In Asian Trading Hours
- Forex – USD/CHF Down During Asian Trade
- Cycle Review, The Next Trade
- EUR/JPY In A Double Bottom Attempt Targeting 110.60 But Bearish Inclination Remains
- Gold Futures Retreat From Record Highs In Asian Trade
- Mayo Clinic Opens Retail Clinic At Mall Of America
- Forex – USD/JPY Lower In Mid-day Asian Trade
- U.S. Consumers Spend < 2% On "Made In China"
- Forex Trading: Aud Unemployment Rate Comes In At 5.1%
- Charting How Current Volatility Compares To Past Big Moves
- Asian Stocks Slump In Early Trade; Nikkei Down 1.9%
- It’s Really Easy To Trade Gold (in Hindsight)
- Forex – AUD/USD Down On Economic Data
- Australian Unemployment Rate Rises Unexpectedly
- Australian Employment Change Falls Unexpectedly
- Markets In Everything: Union Strike Services
- Crude Oil Futures Decline In Asian Trade
- Oil Technical Analysis For August 11, 2011
- Natural Gas Technical Analysis For August 11, 2011
- Gold Technical Analysis For August 11, 2011
- Natural Gas Daily Fundamental Analysis For August 11, 2011
- Crude Oil Daily Fundamental Analysis For August 11, 2011
- Gold Daily Fundamental Analysis For August 11, 2011
| European Stocks Pare Gains As Debt Fears Linger; DAX Up 1.1% Posted: 11 Aug 2011 02:56 AM PDT Forexpros – European stock markets were higher on Thursday, as shares in French lenders rebounded from the previous day’s route, while U.S. future indices pointed to a strong open following upbeat earnings from technology bellwether Cisco Systems.<br /><br />During European afternoon trade, the EURO STOXX 50 rose 0.6%, France’s CAC 40 advanced 0.35%, while Germany’s DAX 30 jumped 1.1%. <br /><br />European equities came off their earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – Dollar Lower Vs. Most Rivals As Sentiment Improves Posted: 11 Aug 2011 02:28 AM PDT Forexpros – The U.S. dollar was lower against most of its major counterparts on Thursday, as risk sentiment improved after France’s top-tier credit rating was affirmed by the major rating agencies. <br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD climbing 0.4% to hit 1.4235.<br /><br />Concerns over the health of major French lenders, particularly Societe Generale, as well as rumors of an … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Close To 4-month Low, No BoJ Action Seen Posted: 11 Aug 2011 02:13 AM PDT Forexpros – The U.S. dollar was down for a fifth day against the yen in volatile trade on Thursday, hovering close to a four-month low, fuelling speculation the Bank of Japan will intervene in the currency market to stem the yen’s gains. <br /><br />USD/JPY hit 76.29 during European morning trade, the lowest since August 1, when the pair sank to a four-month low of 76.28; the pair subsequently consolidated at 76.51, retreating 0.45%.<br /><br />The pair was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil To Rebound With S&P 500, Gold Positioned For Pullback Posted: 11 Aug 2011 02:07 AM PDT Talking Points Crude Oil Set to Follow S&P 500 Rebound Higher WTI Crude Oil (NY Close): $82.89 // +3.59 // +4.53%
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| Forex – GBP/USD Edges Higher Ahead Of Osborne Speech Posted: 11 Aug 2011 01:44 AM PDT Forexpros – The pound was up against the U.S. dollar on Thursday, pulling back from a three-week low as risk sentiment improved after France’s top-tier credit rating was affirmed by the major rating agencies, while markets awaited a speech in parliament from U.K. Chancellor George Osborne.<br /><br />GBP/USD clawed back from 1.6110, the lowest since July 20, to hit 1.6190 during European morning trade, gaining 0.34% on the day. <br /><br />Cable was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| South Korea Central Bank Holds Interest Rate At 3.25% Posted: 11 Aug 2011 01:30 AM PDT The Bank of Korea held its 7-day repurchase rate unchanged at 3.25% as the turmoil in global financial markets delayed the Bank’s normalization of monetary policy settings. The Bank of Korea said: “while emerging market economies have shown favorable performances, the recoveries in major advanced economies including the US have exhibited signs of weakening. Going forward, the Committee forecasts that the global economy will keep up its pace of recovery; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Climbs To 3-day High As U.S. Demand Fears Ease Posted: 11 Aug 2011 01:23 AM PDT Forexpros – Crude oil futures were up on Thursday, climbing to a three-day high after official data showed that U.S. oil supplies declined the most since December last week, easing concerns over a slowdown in demand from the world’s largest oil consumer.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at USD83.78 a barrel during European morning trade, surging 2.6%. <br /><br />It earlier … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures Ease Off Record High As CME Margin Hike Weighs Posted: 11 Aug 2011 01:05 AM PDT Forexpros – Gold futures were down for the first time in five days on Thursday, easing off the record high after a margin increase by the CME Group on gold futures prompted some investors to sell their positions and lock in gains.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,784.45 a troy ounce during early European trade, dipping 0.34%. <br /><br />Gold prices rose to a record high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Pulls Back From Lows As Sentiment Recovers Posted: 11 Aug 2011 12:38 AM PDT Forexpros – The New Zealand dollar was up against its U.S. counterpart on Thursday, rebounding from the daily low as risk aversion eased after France’s top-tier credit rating was affirmed by the major rating agencies.<br /><br />NZD/USD pulled back from 0.8073, the daily low, to hit 0.8175 during late Asian trade, gaining 0.78% on the day. <br /><br />The pair was likely to find support at 0.7961, the low of August 9 and three-month low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Off 2-day Low Despite Weak Jobs Data Posted: 11 Aug 2011 12:26 AM PDT Forexpros – The Australian dollar erased losses against its U.S. counterpart on Thursday, pulling back from a two-day low after France’s top-tier credit rating was affirmed by the major rating agencies and as markets shrugged off weaker-than-expected Australian jobs data. <br /><br />AUD/USD pulled back from 1.0109, the lowest since August 9, to hit 1.0270 during late Asian trade, gaining 0.89% on the day. <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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| Asia Stocks Pare Losses After Sharp Plunge; Nikkei Sheds 0.6% Posted: 11 Aug 2011 12:07 AM PDT Forexpros – Asian stock markets fell sharply on Thursday before paring losses, as concerns that the euro zone’s debt crisis could spread to the region’s banking sector weighed on sentiment. <br /><br />During late Asian trade, Hong Kong’s Hang Seng Index fell 0.65%, Australia’s ASX/200 index eased down 0.1%, while Japan’s Nikkei 225 Index shed 0.6%.<br /><br />Asian equities came off their earlier lows in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Rebounds From 4-day Low, Downside Risks Remain Posted: 10 Aug 2011 11:32 PM PDT Forexpros – The euro edged higher against the U.S. dollar on Thursday, rebounding from a four-day low, but gains were limited amid fears the euro zone’s debt crisis could spread to the region’s banking sector. <br /><br />EUR/USD clawed back from 1.4122, the lowest since August 5, to hit 1.4240 during late Asian trade, gaining 0.43% on the day. <br /><br />The pair was likely to find support at 1.4054, the low of August 5 and a two-week low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Momentum Stock: Randgold Resources Ltd. Posted: 10 Aug 2011 11:05 PM PDT Randgold Resources Ltd. (NASDAQ:GOLD) is trading strong in the weak market, recently hitting a new 52-week high as investors shift into safety assets. With a great quarter in hand and bullish growth projection, this Zacks #1 Rank stock has a shine for momentum.
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| Bull Of The Day: Wyndham Worldwide (WYN) Posted: 10 Aug 2011 11:05 PM PDT Wyndham Worldwide’s (NYSE:WYN) second quarter 2011 earnings were ahead of the Zacks Consensus Estimate, primarily due to strong operational performance at each of its three businesses, sound expense management and continued share repurchases. Going forward, we expect Wyndham to benefit from its repositioning to a more fee-for-service-based business, and its strategic focus on Vacation Exchange.
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| Growth & Income Stock: Simon Property Group, Inc. Posted: 10 Aug 2011 11:05 PM PDT Simon Property Group, Inc. (NYSE:SPG) recently reported its 10th consecutive positive earnings surprise on higher rents and occupancy rates. Following the strong quarter, management raised its 2011 guidance for the second time this year, prompting analysts to revise their estimates higher.
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| Bear Of The Day: Archer Daniels Midland (ADM) Posted: 10 Aug 2011 11:05 PM PDT We recently downgraded our recommendation on Archer Daniels Midland (NYSE:ADM) to Underperform following a lower-than- expected fourth-quarter 2011 results. ADM’s quarterly earnings of $0.58 per share missed the Zacks Consensus Estimate of $0.84 and dropped almost 16% from the prior-year quarter, primarily due to a higher income tax rate.
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| Aggressive Growth Stock: Oil States International, Inc Posted: 10 Aug 2011 11:05 PM PDT Oil States International, Inc. (NYSE:OIS) may be down, but not out thanks to an impressive earnings trend. Recent turmoil has juiced up the valuations and optimism after the latest earnings surprise has ripened the growth story for this Zacks #1 Rank (Strong Buy).
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| Forex – EUR/USD Up During The Asian Session Posted: 10 Aug 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4242, up 0.45% at time of writing.<br/><br/> The pair was likely to find support at 1.4123, Wednesday’s low, and resistance at 1.4426, Monday’s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.10% to hit 0.8796 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Up In Asian Trade Posted: 10 Aug 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday.<br/><br/> GBP/USD was trading at 1.6189, up 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.6112, today’s low, and resistance at 1.6475, Monday’s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8793 and GBP/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/CHF Up In Asian Trading Hours Posted: 10 Aug 2011 09:55 PM PDT Forexpros – The Euro was higher against the Swiss Franc on Thursday.<br/><br/> EUR/CHF was trading at 1.0342, up 0.40% at time of writing.<br/><br/> The pair was likely to find support at 1.0083, Tuesday’s low, and resistance at 1.0994, Monday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.28% to hit 1.4218 and EUR/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Down During Asian Trade Posted: 10 Aug 2011 09:25 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday.<br/><br/> USD/CHF was trading at 0.7262, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 0.7074, Tuesday’s low, and resistance at 0.7652, Monday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.26% to hit 1.4215 and USD/JPY falling 0.33% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 10 Aug 2011 08:32 PM PDT Wyckoff 2.0 encourages the use of cycles to find the next trend (and this is important) that have yet to start. We knew the media would be bleating about the current stock sell off some months ago, now we believe the next news headline will be gold stocks shoot to new highs. Gold stocks go up when gold prices are up and stocks are not falling. We can monitor this relationship by charting the XAU divided by gold prices. First stocks.. The cycle on the SMALL cap stocks expects stocks to form … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| EUR/JPY In A Double Bottom Attempt Targeting 110.60 But Bearish Inclination Remains Posted: 10 Aug 2011 08:20 PM PDT EUR/JPY Double Bottom:
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| Gold Futures Retreat From Record Highs In Asian Trade Posted: 10 Aug 2011 08:10 PM PDT Forexpros – Gold futures fell back from earlier record highs in Asian trade Thursday, as investors were chased away from slumping equities amid concerns of a slowdown in global economic growth..<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,781.05 a troy ounce during Asian mid-day trade, down 0.52%. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Mayo Clinic Opens Retail Clinic At Mall Of America Posted: 10 Aug 2011 07:44 PM PDT Minneapolis — “This week a healthier take on retail therapy is coming to the Mall of America as Mayo Clinic opens a wellness center there. Meant to help consumers manage their own health, the “Create your own Mayo Clinic Health Experience,” will open its doors at 10 a.m. Thursday morning. Mayo Clinic will do its research by talking to shoppers at the Mall of America about their health needs. They will use that information to form a more clinical area at the mall next month where they will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Lower In Mid-day Asian Trade Posted: 10 Aug 2011 07:27 PM PDT Forexpros – The Japanese yen padded gains against the U.S. dollar in Asian trade Thursday, as the lift given to the greenback from the Federal Reserve’s vow to keep interest rates low faded in light of steep losses on Wall Street. <br /><br />In early Asian trade USD/JPY hit 77.22, the pair’s highest since Tuesday; the pair subsequently consolidated at 76.69, falling 0.22%. <br /><br />The pair was likely to find support at 76.36, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| U.S. Consumers Spend < 2% On "Made In China" Posted: 10 Aug 2011 07:22 PM PDT “Whereas goods labeled "Made in China" make up 2.7% of U.S. consumer spending, only 1.2% actually reflects the cost of the imported goods. Thus, on average, of every dollar spent on an item labeled "Made in China," 55 cents … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: Aud Unemployment Rate Comes In At 5.1% Posted: 10 Aug 2011 07:05 PM PDT Aud Employment change comes in at -0.1 expected 10.2k and unemployment rate comes in at 5.1% expected at 4.9%
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| Charting How Current Volatility Compares To Past Big Moves Posted: 10 Aug 2011 07:01 PM PDT We've all been trading in a high volatility market, but how does the current surge in volatility compare to the past few surges in volatility since the 2007 market peak? To measure volatility, I wanted to show two specific indicators:
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| Asian Stocks Slump In Early Trade; Nikkei Down 1.9% Posted: 10 Aug 2011 07:00 PM PDT Forexpros – Asian stocks retreated Thursday, with financial issues leading the downturn pulled lower by concerns over European sovereign debt and overnight losses on Wall Street.<br /> <br />During early Asian trade, Hong Kong’s Hang Seng Index fell 2.4% to 19,319.43, Japan’s Nikkei 225 Index gave up 1.9% 8,873.22, Australia’s S&P/ASX 200 declined 1.4% to 4,084.90, and South Korea’s Kospi Index sagged 2.2% to 1,766.51.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| It’s Really Easy To Trade Gold (in Hindsight) Posted: 10 Aug 2011 06:56 PM PDT Just doodling around with this current 4 Hour Chart of the Gold Continuous Contract (/GC), I convinced myself just how easy it is to use the True Strength Index (TSI) indicator to nail every top and bottom in the movement of this gold pararabolic. Heck, it’s easy to trade just about anything well using the True Strength Index indicator. In hindsight, anyway. (lol) For my good friend Ron in Arizona – these two charts. First, the gold parabolic of 1977 – 1980. And second, this look … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Down On Economic Data Posted: 10 Aug 2011 06:45 PM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of Australian data on Employment Change.<br/><br/> AUD/USD was trading at 1.0174, down 0.04% at time of writing.<br/><br/> The pair was likely to find support at 0.9928, Tuesday’s low, and resistance at 1.0443, Monday’s high.<br/><br/> Earlier in the day, official data showed that Australian employment change fell unexpectedly to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Unemployment Rate Rises Unexpectedly Posted: 10 Aug 2011 06:40 PM PDT Forexpros – Australia’s unemployment rate rose unexpectedly last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian unemployment rate rose to a seasonally adjusted 5.1%, from 4.9% in the preceding month.<br/><br/>Analysts had expected Australian unemployment rate to remain unchanged at 4.9% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Australian Employment Change Falls Unexpectedly Posted: 10 Aug 2011 06:40 PM PDT Forexpros – Australian employment change fell unexpectedly last month, official data showed on Thursday.<br/><br/>In a report, Australian Bureau of Statistics said that Australian employment change fell to a seasonally adjusted -0.1K, from 23.4K in the preceding month.<br/><br/>Analysts had expected Australian employment change to rise 10.3K last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Markets In Everything: Union Strike Services Posted: 10 Aug 2011 06:01 PM PDT 1. There's a market for unions to hire non-union protesters, e.g. in Nashville at the Music City Convention Center (see photo above). There's one problem though: the protesters hired by the union are paid $10 per hour (with no benefits), which is below the Tennessee prevailing hourly wage of $12.56 for general laborers. 2. For more than half a century, a little-known firm in a Minneapolis suburb – Strom Engineering – has provided a service of supplying replacement workers when … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Decline In Asian Trade Posted: 10 Aug 2011 05:35 PM PDT Forexpros – Crude oil futures weakened in early Asian trade Wednesday, as U.S. inventories showed steep drops, spelling possible decreased demand from the world’s largest energy consumer.<br /><br />On the New York Mercantile Exchange light, sweet crude futures for September delivery traded at USD81.33 a barrel during early Asian trade, falling 0.43%, after hitting a daily high of USD82.14.<br /><br />On Wednesday the Energy Information Administration … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Oil Technical Analysis For August 11, 2011 Posted: 10 Aug 2011 10:16 AM PDT By CommoditiesMansion.com
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| Natural Gas Technical Analysis For August 11, 2011 Posted: 10 Aug 2011 10:14 AM PDT By CommoditiesMansion.com Originally posted here Further information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Technical Analysis For August 11, 2011 Posted: 10 Aug 2011 10:14 AM PDT By CommoditiesMansion.com
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| Natural Gas Daily Fundamental Analysis For August 11, 2011 Posted: 10 Aug 2011 01:40 AM PDT By CommoditiesMansion.com
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| Crude Oil Daily Fundamental Analysis For August 11, 2011 Posted: 10 Aug 2011 01:40 AM PDT By CommoditiesMansion.com
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| Gold Daily Fundamental Analysis For August 11, 2011 Posted: 10 Aug 2011 01:39 AM PDT By CommoditiesMansion.com
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