DailyMarkets.com - Forex – EUR/USD Sags In Early Asian Trade

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• Forex – EUR/USD Sags In Early Asian Trade
• Ticketmaster Is An Evil Monopolist And Restrictive Paperless Ticketing Will Give It Even More Power
• Forex – Dollar Edges Higher In Early Asian Trade
• Forex – EUR/USD Down During The Asian Session
• AMR Edges Closer To Spinoff Of Eagle
• Affymetrix Reaffirmed Neutral
• Forex – NZD/USD Down In Asian Trade
• The Day Ahead: US Retail Sales, U. Of Michigan Consumer Sentiment, Business Inventories, Earnings – JC Penney
• Taking Advantage Of Fear In The Market
• Earnings Miss For Osiris
• FDA Action Date For Amylin’s Bydureon
• Dell Focuses On IT Healthcare Market
• CACI Supports VA’s T4 Program
• Raytheon Wins U.S. Navy Contract
• Conceptus’ Essure Label Revised
• 5 Trade Ideas For Friday, Aug 12
• BNY Mellon Plans 3% Layoff
• Stupid-Cheap Stocks
• Peabody Eyes Higher Australian Yield
• Advance Auto’s Profit Beats
• Dominion Issues $450M Notes
• Activision Promotes PROTOTYPE 2
• Closing Bell Market Monitor: BAC, SLE, AOL
• Forex – EUR/USD Up At The End Of U.S. Session
• Forex – USD/JPY Up Toward The End Of U.S. Session
• SABESP Announces Tariff Adjustment
• Forex – EUR/USD Up Toward The End Of U.S. Session
• U.S. Markets Close Higher; Dow Jones Up 3.95%
• Analyst Interviews: U.S. Banks Stock Outlook
• UDR Reports In Line
• Western Refining To Outperform
• Meridian Intros C. Difficile Test
• Forex – GBP/USD Up During The U.S. Session
• AutoNation Sales Down 4%
• Another GILD Combo HIV Drug Cleared
• VirtualScopics EPS Meets, Sales Up
• Forex – USD/CHF Up In U.S. Trading Hours
• GBP/JPY Attempting A Double Bottom To Pare Losses At The End Of A Wild Week
• Forex – USD/CAD Down In U.S. Trade
• Gold’s Three Push Divergences Into 1800
• Forex – EUR/USD Up In U.S. Trading Hours
• Game, Set & Match For Gold
• Options Suggest Carnival Corp. Rally Is Running On Empty
• Stalking GBP/USD’s Rally With Anticipation Of 1.6270 Resistance
• Options Suggest Carnival Corp. Rally Is Running On Empty
• Dollar Mixed & Euro Rebounds Alongside US Equities

Forex – EUR/USD Sags In Early Asian Trade Posted: 11 Aug 2011 05:05 PM PDT Forexpros – The euro extended losses against the U.S. dollar Thursday, as investor concerns of European debt insolvency turned to France and the threat of a credit ratings downgrade for the euro-zone&rsquo;s third largest economy.<br /><br />EUR/USD hit 1.4258 in early Asian trade, the pair&rsquo;s highest since Tuesday; the pair subsequently consolidated at 1.4218, dropping&nbsp; 0.15%.<br /><br />The pair was likely to find support at 1.4105, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ticketmaster Is An Evil Monopolist And Restrictive Paperless Ticketing Will Give It Even More Power Posted: 11 Aug 2011 04:30 PM PDT From Fan Freedom Project: “We, the fans, own the tickets that we buy. That's the way it's always been, and the way it always should be. But Ticketmaster, venues and sports teams want to change that. They want to use a new ticketing technology called restrictive paperless tickets to limit what we can do with our tickets. Paperless tickets sound convenient. But in truth, they're a nightmare for fans. Here's two videos that explain how they work”: Here are 10 Ways Restrictive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Dollar Edges Higher In Early Asian Trade Posted: 11 Aug 2011 04:19 PM PDT Forexpros – The U.S. dollar extended gains against its major counterparts in Asian trade Thursday, following the release of encouraging U.S. labor data and another wild trading session on Wall Street.<br /><br />In early Asian trade, the greenback was higher against the euro, with EUR/USD falling 0.08% to hit 1.4228.<br /><br />For investors looking for any positive trends in the U.S. economy, the market was greeted with a Labor Department report showing initial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 11 Aug 2011 04:10 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4226, down 0.09% at time of writing.<br/><br/> The pair was likely to find support at 1.4105, today&rsquo;s low, and resistance at 1.4426, Monday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8768 and EUR/JPY falling 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AMR Edges Closer To Spinoff Of Eagle Posted: 11 Aug 2011 03:57 PM PDT 08/11/11 AMR Corporation may spin off its American Eagle unit as an independent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Affymetrix Reaffirmed Neutral Posted: 11 Aug 2011 03:35 PM PDT We retain our Neutral rating on genetic products maker Affymetrix (NASDAQ:AFFX). Its second-quarter fiscal 2011 loss per share of 5 cents was a penny higher than the Zacks Consensus Estimate. However, losses narrowed 33% year over year as lower costs more than offset a decline in revenues. Sales dipped roughly 10% year over year to $64.7 million, hurt by decline in sales to the California-based company's academic customers across all markets, especially in North America. Sales met the Zacks … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade Posted: 11 Aug 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.8296, down 0.28% at time of writing.<br/><br/> The pair was likely to find support at 0.7966, Tuesday&rsquo;s low, and resistance at 0.8434, Monday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.14% to hit 1.2464 and EUR/NZD rising 0.21% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: US Retail Sales, U. Of Michigan Consumer Sentiment, Business Inventories, Earnings – JC Penney Posted: 11 Aug 2011 10:20 AM PDT 08/11/11 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

Taking Advantage Of Fear In The Market Posted: 11 Aug 2011 03:17 PM PDT By Chris Conway Economic uncertainty in the US and Europe has resulting in fear dominating the market these last few weeks.  In the flight to safety, almost all equities suffer. We have seen this before and we will see it again. While these broad and dramatic market moves can wreak havoc on ones nerves and peace of mind, they inevitably produce some great buying opportunities. Wouldn't you love to pick up shares in Google (NASDAQ:GOOG), Ford (F) or General Electric (NYSE:GE) on the cheap? The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Miss For Osiris Posted: 11 Aug 2011 03:05 PM PDT Osiris Therapeutics Inc. (NASDAQ:OSIR) reported second quarter earnings of 5 cents per share, flat from the year-ago period and well below the Zacks Consensus Estimate of 11 cents. Revenues for the quarter came in at $10.4 million, shy of the Zacks Consensus Estimate of $11 million but slightly above the prior-year figure of $10.3 million. Quarterly Highlights Second quarter 2011 revenues included the recognition of $10 million under the company's agreement with Genzyme, now a part of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FDA Action Date For Amylin’s Bydureon Posted: 11 Aug 2011 03:05 PM PDT Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN), Eli Lilly and Company (NYSE:LLY) and Alkermes, Inc. (NASDAQ:ALKS) recently announced that the US Food and Drug Administration (FDA) has fixed an action date for their type II diabetes candidate, Bydureon (exenatide once-weekly). Amylin and its partners had submitted a response to the second complete response letter (CRL) for Bydureon in late July 2011. The response is being treated as a Class 2 submission, which means a final decision from the FDA regarding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dell Focuses On IT Healthcare Market Posted: 11 Aug 2011 03:05 PM PDT Dell Inc. (NASDAQ:DELL) is slowly expanding its reach in the Health IT marketplace. NextGen Healthcare has entered into an agreement with Dell to jointly market health information technology products and services to medical practices, hospitals and physician networks. As per the new agreement, Dell is expected to market, sell and support NextGen's ambulatory EHR, practice management, inpatient clinical and inpatient financials products as components of Dell's electronic medical records platform … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

CACI Supports VA’s T4 Program Posted: 11 Aug 2011 03:05 PM PDT CACI International Inc. (CACI) recently received one of the 15 prime contracts from the Department of Veterans Affairs (VA) for a ceiling value of $12 billion. The contract is an indefinite delivery/indefinite quantity contract, with a tenure of five-years. Under the contract, the company will support VA's Transformation Twenty-One Total Technology (T4) program, technology and telecommunications program. T4 will deliver a more efficient healthcare delivery system by developing services … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Raytheon Wins U.S. Navy Contract Posted: 11 Aug 2011 03:05 PM PDT Raytheon Company (NYSE:RTN) has received a $32.2 million contract from the U.S. Navy for Global Positioning, Navigation and Timing Service (''GPNTS'') program. The program is designed to replace the current Navigation Sensor System Interface and support mission-critical real-time positioning, navigation, and timing data services. To carry out the contract, Raytheon has partnered with Argon ST that provides systems and sensors for the command, control, communications, computers, combat … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Conceptus’ Essure Label Revised Posted: 11 Aug 2011 03:05 PM PDT Contraception device maker Conceptus Inc. (NASDAQ:CPTS) recently announced that the US Food and Drug Administration (FDA) approved the removal of nickel hypersensitivity contraindication from the Essure procedure Instructions for Use (IFU). Conceptus expects this endorsement to further boost the sale of the company's non-surgical permanent birth control procedure, Essure, by expanding the number of potential patients eligible for the method. The FDA voted in favor of Conceptus after observing case … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

5 Trade Ideas For Friday, Aug 12 Posted: 11 Aug 2011 02:38 PM PDT  ( click to enlarge ) THQ Inc. (NASDAQ:THQI) – Nice reversal from the lows today. Going long here. RSI is turning which means we are looking at a rebound. Tomorrow, the stock might go above $2. Short-term investors can buy with a stop at $1.80 and long-term investors can hold with a stop at $1.74. Let’s keep an eye on her as i think momentum will pick up.  Institutions still holding an incredible amount of shares. Invesco announced yesterday that owns over 10% of the company. Stay tuned … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BNY Mellon Plans 3% Layoff Posted: 11 Aug 2011 02:35 PM PDT In order to improve profitability amid revenue headwinds due to a weak economy and stricter capital requirements by regulators, Bank of New York Mellon Corp (NYSE:BK) announced a job cut plan on Wednesday. BNY Mellon is not the first to announce this measure; it has followed in the footsteps of many other large global banks. BNY Mellon said that it will cut about 1,500 jobs, which represents about 3% of its total workforce. The primary intention is to reduce expenses, which have been growing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stupid-Cheap Stocks Posted: 11 Aug 2011 02:35 PM PDT In big, indiscriminate sell-offs in the market, there are always some companies that just get "stupid cheap." They might not be the best companies in the world, but they are simply being given away. I'm not talking about companies that are falling apart, just ones that might not be the most exciting in the world. To make sure I'm not looking at firms that are on the verge of implosion, I required that they have a Zacks #1 Rank (Strong Buy) or Zacks #2 Rank (Buy). That means that they … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Peabody Eyes Higher Australian Yield Posted: 11 Aug 2011 02:35 PM PDT Peabody Energy Corporation (NYSE:BTU) has signed a new licensing agreement with Yanzhou Coal Mining Company Limited (NYSE:YZC), a subsidiary of Yankuang Group Co. Ltd., to improve the recovery of coal at its Australian mine. As part of the technology agreement, Yanzhou will install its Longwall Top Coal Caving (LTCC) technology which will enhance the metallurgical coal production at Peabody’s North Goonyella Mine in the Bowen Basin, Queensland. The LTCC technology improves the recoverability of coal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Advance Auto’s Profit Beats Posted: 11 Aug 2011 02:15 PM PDT Advance Auto Parts Inc. (NYSE:AAP) reported a net income of $113.6 million in the second quarter of fiscal 2011, which was 12.6% higher from $100.9 million in the year-ago quarter. However, on per share basis, earnings improved 26% to $1.46 from $1.16 a year ago due to a decline in average shares outstanding to 77.4 million from 86.4 million in the second quarter of fiscal 2011. The auto parts retailer exceeded the Zacks Consensus Estimate of $1.39 per share. Sales in the quarter increased 4.4% to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dominion Issues $450M Notes Posted: 11 Aug 2011 02:05 PM PDT Dominion Resources Inc. (NYSE:D) has sold $450 million unsecured notes yielding 1.95% interest per year and maturing on August 15, 2016. The notes were offered at $99.976 (per $100.00 principal). During the second quarter earnings call, Dominion revealed plans of issuing $1.2 billion to $1.5 billion in debt through the rest of the year. The current issuance is thus a part of the company's professed financial strategy. On August 2, 2011, the company issued $500 million in 30-year notes. Earlier, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Activision Promotes PROTOTYPE 2 Posted: 11 Aug 2011 02:05 PM PDT Gamers are headed for a fantasy delight withActivision Blizzard Inc's (NASDAQ:ATVI) for PROTOTYPE 2, for which the pre-order promotion has started in partnership with GameStop Corp. (NYSE:GME). PROTOTYPE 2 is the sequel to Radical Entertainment’s best-selling game PROTOTYPE. "Get in the Game", as the pre order promotion is named, will enable gamers who are 18 years and older to become a character in the game PROTOTYPE 2. The winner will be flown to Radical Entertainment in Vancouver, Canada, for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: BAC, SLE, AOL Posted: 11 Aug 2011 02:00 PM PDT 08/11/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the ringing of the NYSE closing bell including: a 400+ point rise for the Dow & improved US jobs … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session Posted: 11 Aug 2011 01:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4228, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.4105, today&rsquo;s low, and resistance at 1.4426, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 395K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 11 Aug 2011 01:40 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/JPY was trading at 76.87, up 0.02% at time of writing.<br/><br/> The pair was likely to find support at 76.31, today&rsquo;s low, and resistance at 78.47, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SABESP Announces Tariff Adjustment Posted: 11 Aug 2011 01:30 PM PDT Companhia de Saneamento Basico do Estado de São Paulo or SABESP (NYSE:SBS) recently announced its tariff adjustment as approved by the São Paulo State Sanitation and Energy Regulatory Agency (ARSESP) on August 9, 2011. The regulatory agency approved a tariff readjustment index of 6.83% for SABESP, which the company can apply linearly to all categories of water and sewage consumers as of September 9, 2011. The tariff adjustment announced will not be applicable to the municipalities of São … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 11 Aug 2011 01:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> EUR/USD was trading at 1.4220, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4105, today&rsquo;s low, and resistance at 1.4426, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 395K … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Higher; Dow Jones Up 3.95% Posted: 11 Aug 2011 01:15 PM PDT Forexpros – U.S. stocks were up after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average rose 3.95%, the S&P 500 index gained 4.63%, while the Nasdaq 100 index climbed 4.53%.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 395K last week from 402K in the preceding week whose figure was revised up from 400K.<br/><br/> Analysts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analyst Interviews: U.S. Banks Stock Outlook Posted: 11 Aug 2011 01:05 PM PDT Whatever be the impending economic state, U.S. banks — the lifeblood of the economy — are actively responding to every legal and regulatory pressure. In fact, this prompt responsiveness has positioned the banks well to encounter upcoming challenges. Along with improving results in recent quarters, a major recovery in the asset markets, improving balance sheets and declining credit costs promise growth for the U.S. banking sector. Yet the outlook for the industry remains in question due to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

UDR Reports In Line Posted: 11 Aug 2011 01:05 PM PDT UDR, Inc. (NYSE:UDR), a leading multifamily real estate investment trust (REIT), reported second quarter 2011 FFO (funds from operations) of $63.6 million or 31 cents per share compared to $45.7 million or 27 cents in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. The reported FFO per share was in line with the Zacks Consensus Estimate. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Western Refining To Outperform Posted: 11 Aug 2011 01:05 PM PDT Buoyed by favorable trends in the refining industry along with the company’s initiatives to improve reliability and reduce operating costs, we have upgraded independent oil refiner and marketer Western Refining Inc. (NYSE:WNR) to Outperform from Neutral. An uptick in economic activity overseas (mainly in China and India) and prospects for higher fuel demand in the U.S. are likely to push 2011 industry margins higher than the last year's level. Against this backdrop, we expect income from Western … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Meridian Intros C. Difficile Test Posted: 11 Aug 2011 01:05 PM PDT Diagnostic test kit maker Meridian Bioscience (NASDAQ:VIVO) has launched its new C. difficile (Clostridium difficile) test dubbed ImmunoCard C. difficile GDH in Europe. The new test broadens the Cincinnati-based company's portfolio of C. difficile tests and underscores its sustained commitment to bring out breakthrough products for the detection of C. difficile. C. difficile is a highly drug-resistant bacterium, which exists in the environment in spore (or inactive) form and produces a toxin that … [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: 11 Aug 2011 12:55 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Trade Balance.<br/><br/> GBP/USD was trading at 1.6220, up 0.53% at time of writing.<br/><br/> The pair was likely to find support at 1.6112, today&rsquo;s low, and resistance at 1.6475, Monday&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 -53.1B … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

AutoNation Sales Down 4% Posted: 11 Aug 2011 12:35 PM PDT AutoNation Inc. (NYSE:AN) revealed a 4% fall in new vehicle sales to 18,949 units in July due to a sluggish economy as the economy expanded at a 1.3% annual rate in the second quarter of 2011 as well as the adverse impact from the earthquake in Japan on March 11. Sales of the Domestic brands, which comprise stores that sell vehicles manufactured by General Motors (NYSE:GM), Ford Motor Co. (NYSE:F) and Chrysler LLC, inched up 3% to 6,142 units. Sales of the Import brands, comprising stores that sell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Another GILD Combo HIV Drug Cleared Posted: 11 Aug 2011 12:35 PM PDT The world's biggest HIV drug maker, Gilead Sciences, Inc. (NASDAQ:GILD) received a huge boost following approval by the US Food and Drug Administration (FDA) for its once-daily single tablet regimen (STR) for the treatment of HIV in previously untreated adults. The tablet, which will be marketed as Complera, is a combination of Gilead's most popular HIV drug, Truvada (a fixed-dose, once-daily tablet containing Gilead’s Viread and Emtriva), and Johnson and Johnson's (NYSE:JNJ) recently approved … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

VirtualScopics EPS Meets, Sales Up Posted: 11 Aug 2011 12:35 PM PDT Medical imaging solutions provider VirtualScopics'(NASDAQ:VSCP) second-quarter 2011 earnings of a penny per share matched the Zacks Consensus Estimate and the year-ago earnings. The Rochester, New York-based company's net income (attributable to common stockholders) rose roughly 6% year over year to $315,650. Revenues surged 20% year over year to $3.85 million, but modestly missed the Zacks Consensus Estimate of $4 million. Gross margin declined to 47.3% from 50.9% a year ago largely due to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up In U.S. Trading Hours Posted: 11 Aug 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Thursday after the release of U.S. data on Trade Balance.<br/><br/> USD/CHF was trading at 0.7634, up 5.06% at time of writing.<br/><br/> The pair was likely to find support at 0.7074, Tuesday&rsquo;s low, and resistance at 0.7687, 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 adjusted -53.1B … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GBP/JPY Attempting A Double Bottom To Pare Losses At The End Of A Wild Week Posted: 11 Aug 2011 12:17 PM PDT Prev: Riot-Induced Slide in Sterling can Present Buying Opportunity (8/9) GBP/JPY Bearish Continuation - The GBP/JPY has slid from the 127.00 pivot down to a low near 123.30. - The RSI has been maintained below 60 and has tagged below 30 to show strong bearish momentum. Price action has been contained within a declining channel. - That can change now with a double bottom. The market is already bending out of the channel, and is testing 23.6% retracement which can be seen as the resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 11 Aug 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.<br/><br/> USD/CAD was trading at 0.9856, down 0.94% at time of writing.<br/><br/> The pair was likely to find support at 0.9767, Tuesday&rsquo;s low, and resistance at 1.0010, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold’s Three Push Divergences Into 1800 Posted: 11 Aug 2011 12:06 PM PDT Intraday traders had a great example of the "Three Push" pattern complete with multi-swing negative divergences into an overhead "Round Number" resistance level in Gold. Let's take a look at how the classic pattern set-up and learn the trading lessons from this event: First, let me say that REVERSAL style trades (like this) are inherently greater in risk than standard Retracement trades (like flags), but some traders just can't resist going for that golden reversal – especially … [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: 11 Aug 2011 11:45 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Thursday after the release of U.S. data on Trade Balance.<br/><br/> EUR/USD was trading at 1.4221, up 0.30% at time of writing.<br/><br/> The pair was likely to find support at 1.4105, today&rsquo;s low, and resistance at 1.4426, Monday&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 -53.1B last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Game, Set & Match For Gold Posted: 11 Aug 2011 11:32 AM PDT I have been waiting for confirmation on the daily chart of Gold from the True Strength Index (TSI) indicator and minutes ago I got it. If gold should bounce back up to new highs, which is always a possibility, it will likely give a additional negative divergence SELL signal. But more likely, once the parabola pops, it pops. Anyway, gold today was on Day 28 of it’s daily cycle and overdue for a top. The usual daily cycle, from trough to trough, generally is in the range of 20 – 24 days. I … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Suggest Carnival Corp. Rally Is Running On Empty Posted: 11 Aug 2011 11:23 AM PDT Options suggest Carnival Corp. rally is running on empty Today's tickers: CCL, ELX, OVTI & KKR (NYSE:CCL) – Carnival Corp. – Shares in the provider of cruise vacations are up 3.0% at $30.30 in early-afternoon trade, but options activity on the stock indicates the rally may lose steam. Investors appear to be selling in- and out-of-the-money calls on the cruise operator today perhaps on the expectation that today's stock market rally represents but a brief respite from painful market … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stalking GBP/USD’s Rally With Anticipation Of 1.6270 Resistance Posted: 11 Aug 2011 11:22 AM PDT Prev: GBP/USD Rejects Break Below 1.62 after UK Inflation Report…(8/10) GBP/USD Negative Reversal : - The GBP/USD fell after an inability to push above 1.62. The market is now supported at 1.6104 area. - Since then an abc correction developed and cracked the 50% retracement level, reaching to 1.6234. - Also note that the RSI is still below 60, and that compared to the high on August 9, it is higher. However, the price level is much lower. This is a negative reversal signal. If the market … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Options Suggest Carnival Corp. Rally Is Running On Empty Posted: 11 Aug 2011 11:19 AM PDT Options suggest Carnival Corp. rally is running on empty Today's tickers: CCL, ELX, OVTI & KKR (NYSE:CCL) – Carnival Corp. – Shares in the provider of cruise vacations are up 3.0% at $30.30 in early-afternoon trade, but options activity on the stock indicates the rally may lose steam. Investors appear to be selling in- and out-of-the-money calls on the cruise operator today perhaps on the expectation that today's stock market rally represents but a brief respite from painful market … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dollar Mixed & Euro Rebounds Alongside US Equities Posted: 11 Aug 2011 10:00 AM PDT 08/11/11 The US dollar traded mixed this afternoon while the euro was stronger following a rebound in US … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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