DailyMarkets.com - FBIZ: Higher Target Price After Great Second Quarter

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• FBIZ: Higher Target Price After Great Second Quarter
• Forex – USD/JPY Down In European Trade
• Forex – GBP/USD Up On Economic Data
• Ceska Narodni Banka Holds Repo Rate At 0.75%
• U.K. PPI Input Rises Less-than-expected
• Forex – EUR/USD Up In European Trading Hours
• Forex – USD/CHF Up On Economic Data
• Swiss Consumer Price Inflation Falls More-than-expected
• Bull Of The Day: Potash Corporation (POT)
• Momentum Stock: Deckers Outdoor Corp.
• Aggressive Growth Stock: Key Energy Services
• Growth & Income Stock: Computer Programs And Systems, Inc.
• Bear Of The Day: Royal Caribbean Cruises (RCL)
• Forex – EUR/USD Up During The Asian Session
• Amid All Of The Bad News, A Few Positive Items
• Gold Futures Climb In Asian Trade
• Cross Market Chart Reference Levels Ahead Of The Jobs Report
• Forex – USD/JPY Rises In Mid-day Asian Trade
• Nostradamus Does Not Work Here, But – UPDATE
• Asian Stocks Fall Sharply In Early Trade; Nikkei Sinks 3.6%
• The Republican’s Double-Dip, And What Must Be Done
• Crude Oil Futures Climb In Asian Trade
• Oil Technical Analysis For August 5, 2011
• Natural Gas Technical Analysis For August 5, 2011
• Gold Technical Analysis For August 5, 2011
• Natural Gas Daily Fundamental Analysis For August 05, 2011
• Gold Daily Fundamental Analysis For August 05, 2011

FBIZ: Higher Target Price After Great Second Quarter Posted: 05 Aug 2011 03:20 AM PDT Ann Heffron, CFA FBIZ: Higher Target Price after Great Second Quarter First Business Financial Services, Inc. (FBIZ) knocked it out of the park in the second quarter, posting diluted operating EPS of $0.68, excluding one-time tax benefits of $0.29 per share. This was $0.16 better than our $0.52 estimate and up 47% from the prior-year quarter. The second quarter also included $0.4 million of one-time net interest income as CPKF recognized previously forgone interest income on nonaccrual loans … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down In European Trade Posted: 05 Aug 2011 02:30 AM PDT Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 78.51, down 0.46% at time of writing.<br/><br/> The pair was likely to find support at 76.31, Monday&rsquo;s low, and resistance at 80.24, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.44% to hit 1.4157 and GBP/USD rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Up On Economic Data Posted: 05 Aug 2011 01:55 AM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on PPI Input.<br/><br/> GBP/USD was trading at 1.6285, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.6225, Tuesday&rsquo;s low, and resistance at 1.6476, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Producer price inflation input in the U.K. rose less-than-expected to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ceska Narodni Banka Holds Repo Rate At 0.75% Posted: 05 Aug 2011 01:53 AM PDT The Ceska Narodni Banka (CNB) maintained the two-week repurchase rate unchanged at 0.75% as expected.  The Bank also held the the discount rate unchanged at 0.25% and the Lombard rate at 1.75%.  The Bank said: “Consistent with the forecast is broad stability of market interest rates at the start of the forecast horizon and a gradual rise in rates starting in late 2011/early 2012.  The rates do not react to the first-round effects of the VAT increase”. The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.K. PPI Input Rises Less-than-expected Posted: 05 Aug 2011 01:40 AM PDT Forexpros – Producer price inflation input in the U.K. rose less-than-expected last month, official data showed on Friday.<br/><br/>In a report, National Statistics said that U.K. PPI input rose to a seasonally adjusted 0.6%, from 0.4% in the preceding month.<br/><br/>Analysts had expected U.K. PPI input to rise 0.7% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up In European Trading Hours Posted: 05 Aug 2011 01:10 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4146, up 0.37% at time of writing.<br/><br/> The pair was likely to find support at 1.4056, Thursday&rsquo;s low, and resistance at 1.4453, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.24% to hit 0.8691 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up On Economic Data Posted: 05 Aug 2011 12:35 AM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on CPI.<br/><br/> USD/CHF was trading at 0.7690, up 0.71% at time of writing.<br/><br/> The pair was likely to find support at 0.7610, Tuesday&rsquo;s low, and resistance at 0.7954, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Consumer price inflation in Switzerland fell more-than-expected to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Swiss Consumer Price Inflation Falls More-than-expected Posted: 05 Aug 2011 12:35 AM PDT Forexpros – Consumer price inflation in Switzerland fell more-than-expected last month, official data showed on Friday.<br/><br/>In a report, Swiss Federal Statistical Office said that Swiss consumer price inflation fell to a seasonally adjusted -0.8%, from -0.2% in the preceding month.<br/><br/>Analysts had expected Swiss consumer price inflation to fall -0.5% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bull Of The Day: Potash Corporation (POT) Posted: 04 Aug 2011 11:05 PM PDT Potash Corporation (NYSE:POT) recorded strong second-quarter 2011 net earnings of $0.96 per share, up 81% from $0.53 in the prior-year quarter and well ahead of the Zacks Consensus Estimate of $0.86. Revenues increased 61.8% year over year to $2,325 million, driven primarily by higher nutrient prices. Rising demand for food grain from emerging economies and adverse weather have pushed grain prices to record levels, boosting fertilizer prices. The scarce supply of potash is another factor for the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Momentum Stock: Deckers Outdoor Corp. Posted: 04 Aug 2011 11:05 PM PDT The sell off in stocks over the last week has been pretty brutal. The averages have been taking it on the chin due to some less than stellar economic data, with Q2 GDP coming in soft and weakness in both manufacturing and services ISM. And when you throw in problems with the debt ceiling and further weakness in the Euro zone, bearish sentiment is running strong. Fear Takes Over That dynamic has been fueling the action on the Street for the last few days, where even the best stocks in the best … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Aggressive Growth Stock: Key Energy Services Posted: 04 Aug 2011 11:05 PM PDT Key Energy Services (NYSE:KEG) is coming off of a great earnings surprise. Estimates are moving decisively higher, but shares are getting caught in the broad sell off. Is this a good time to scoop up some oversold shares of this Zacks #1 Rank (Strong Buy). Company Description Key Energy Services is an onshore rig-based oil and gas well servicing company. They offer maintenance, workover and recompletion of existing wells and plugging tapped out wells. Other services included fluid and logistics, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Growth & Income Stock: Computer Programs And Systems, Inc. Posted: 04 Aug 2011 11:05 PM PDT Looking for a defensive stock with growth potential amidst the market volatility? Check out Computer Programs and Systems, Inc. (NASDAQ:CPSI). The company recently delivered its 5th consecutive positive earnings surprise on strong revenue growth and an expanding gross margin. Earnings estimates have been surging higher off of the strong quarter, sending the stock to a Zacks #1 Rank (Strong Buy). The company also pays a dividend that yields 2.0%. Benefitting from Regulation Computer Programs and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bear Of The Day: Royal Caribbean Cruises (RCL) Posted: 04 Aug 2011 11:05 PM PDT Royal Caribbean’s (NYSE:RCL) probable cannibalization of its existing fleet, lower visibility on a new class of ships that the company is designing and the strengthening of the U.S. dollar make us cautious. Moreover, the company has cut its full-year EPS guidance range, owing to geopolitical risks in the eastern Mediterranean region. These disturbances have compelled Royal Caribbean to modify some of its sailings that adversely affected both demand and yield. Hence, we downgrade the stock from … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 04 Aug 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4123, up 0.20% at time of writing.<br/><br/> The pair was likely to find support at 1.4056, Thursday&rsquo;s low, and resistance at 1.4453, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8677 and EUR/JPY falling 0.22% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Amid All Of The Bad News, A Few Positive Items Posted: 04 Aug 2011 09:19 PM PDT 1. Luxury Goods Fly Off Shelves — “The luxury category has posted 10 consecutive months of sales increases compared with the year earlier, even as overall consumer spending on categories like furniture and electronics has been tepid. In July, the luxury segment had an 11.6 percent increase, the biggest monthly gain in more than a year.” (HT: Cabodog) 2. July Monster Employment Index Europe Gains 21% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures Climb In Asian Trade Posted: 04 Aug 2011 08:08 PM PDT Forexpros – Gold futures advanced in mid-day Asian trade Friday, recovering from declines suffered earlier in the day as investors sold bullion to cover losses in equity markets.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,653.25 a troy ounce, edging 0.38% higher.&nbsp;&nbsp;&nbsp; <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cross Market Chart Reference Levels Ahead Of The Jobs Report Posted: 04 Aug 2011 07:56 PM PDT As we await the Friday Non-Farm Payroll "Jobs" Report, let's take a quick check-up of the main reference levels to watch in the cross-market landscape at the moment. Let's draw our attention to the S&P 500 and then see how the intermarket environment rests currently: Instead of spending a great deal of time on the nuances of the current market structure and sell-off/breakdown, let's focus on two facts: The 1,250 level was an important/critical support level, and once it broke … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Rises In Mid-day Asian Trade Posted: 04 Aug 2011 07:20 PM PDT Forexpros – The Japanese yen extended gains against the U.S. dollar in mid-day Asian trade Friday, despite the lingering effects of the Bank of Japan&rsquo;s currency intervention. and a global downturn in stock markets.<br /><br />In early Asian trade USD/JPY hit 79.34, the pair&rsquo;s highest since July 14; the pair subsequently consolidated at 78.62, falling 0.30%. &nbsp;<br /><br />The pair was likely to find support at 76.31, Monday&rsquo;s low, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Nostradamus Does Not Work Here, But – UPDATE Posted: 04 Aug 2011 06:40 PM PDT Trendlines are dead, cycles are the new power house within Technical analysis. Our blog posts over the last couple of months have been bearish. Simply because the cycles said it would be so. Lets review some of our posts from the last couple of months only: Winner: This is what distribution on the SP500 looks like We noted that heavy selling was more so on the downside than the upside. Distribution of stock float was been sold to the less informed. How true that turned out ! Ouch ! Winner: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Asian Stocks Fall Sharply In Early Trade; Nikkei Sinks 3.6% Posted: 04 Aug 2011 06:32 PM PDT Forexpros – Asian stocks sank in early Asian trade Friday, continuing a global turndown in shares set by the disastrous overnight performance of Wall Street.<br /><br />During early Asian trade, Hong Kong&rsquo;s Hang Seng Index retreated 0.5% to 21,884.74, Japan&rsquo;s Nikkei 225 Index tumbled 3.6% to 9,312.66, Australia&rsquo;s S&amp;P/ASX 200 declined 3.5% to 4,124.90, and South Korea&rsquo;s Kospi Index dropped 3.4% to 1,949.70.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Republican’s Double-Dip, And What Must Be Done Posted: 04 Aug 2011 06:25 PM PDT John Boehner said Tuesday the Republicans got "90 percent of what we wanted" from the budget deal. So presumably he and his colleagues are willing to take responsibility for some 450 points of today's mammoth 513-point drop in the Dow Jones Industrial Average.   I'm being a bit facetious – but only a bit. It's always dangerous to read too much into one day's move in the stock market. As we've learned painfully over the last several years, Wall Street investors are not … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures Climb In Asian Trade Posted: 04 Aug 2011 05:41 PM PDT Forexpros – Crude oil futures rebounded from five-week lows in early Asian trade Friday, pulled down earlier by a rising U.S. dollar and expectations for a drop in demand from the world&rsquo;s largest energy consumer.<br /><br />On the New York Mercantile Exchange light, sweet crude futures for September delivery traded at USD86.61 a barrel during early Asian trade, gaining 0.20%, after hitting a daily low of USD86.17.<br /><br />Concerns that the U.S. economy was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Oil Technical Analysis For August 5, 2011 Posted: 04 Aug 2011 10:14 AM PDT By CommoditiesMansion.com   Light Sweet Crude The CL contract fell hard on Thursday as traders sold off everything that even remotely looked like a risky asset. The world economy is looking weaker and weaker, and as such – there will be less need for oil. This market is now a sell only market, as the trend has certainly changed at this point. We will sell rallies now. Brent Brent absolutely fell apart on Thursday, and looks like a sell only market at this point. The pair hasn't … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Technical Analysis For August 5, 2011 Posted: 04 Aug 2011 10:13 AM PDT By CommoditiesMansion.com   The natural gas markets fell hard on Thursday as the world's economies look likely to slow down even further. As the economies fall, the need for power decreases. This is a very bearish turn for natural gas, and as we have closed below the $4 mark, we are beginning another leg down in this market. We are selling any and all rallies at this point. Originally posted here Read about crude oil and the oil price at CrudeOilInventory.net. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Technical Analysis For August 5, 2011 Posted: 04 Aug 2011 10:12 AM PDT By CommoditiesMansion.com   The gold markets fell hard on Thursday as the markets in general fell apart. The gold market is overbought at this point, and a correction has been long overdue. The market could fall even further as the fear in the markets has certainly risen over the last 24 hours. The gold market is still bullish, but in the meantime you will be better served to let it fall for a while before buying. We will wait until we get bullish action at a support level below this … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Natural Gas Daily Fundamental Analysis For August 05, 2011 Posted: 04 Aug 2011 01:35 AM PDT By CommoditiesMansion.com Natural gas prices dropped on Thursday below $4 after the EIA report showed natural gas stockpiles rose above expectations, while speculations that moderating weather conditions in the United States will reduce demand for natural gas, and the uncertainty surround the outlook of the U.S. economy, continued to put downside pressure on prices. The EIA report showed that natural gas stockpiles rose by 44 billion cubic feet above expectations of 38 BCF and the prior … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Daily Fundamental Analysis For August 05, 2011 Posted: 04 Aug 2011 01:33 AM PDT By CommoditiesMansion.com Gold prices continued to rise on Thursday to hit a new record high amid rising concerns from the European debt crisis and signs of slowing growth in the United States economy, where investors fear Italy and Spain will be the next victims of the European debt crisis. Moreover, several central banks around the globe increased their holdings of gold over the past period, which provided gold prices with more momentum to rise. The Bank of England announced on Thursday it … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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