DailyMarkets.com - Has Priceline’s Trend Broken? –A Look At The Stock Through Ancient Eyes.

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• Has Priceline’s Trend Broken? –A Look At The Stock Through Ancient Eyes.
• Walmart Wasn’t First Big Retailer To Be Condemend For Offering Its Customers Everyday Low Prices
• Forex – EUR/JPY Up On Economic Data
• Japan’s Retail Sales Rise Less-than-expected
• Forex – USD/JPY Up On Economic Data
• Japan’s Unemployment Rate Rises Unexpectedly
• Forex – EUR/USD Up During The Asian Session
• Stocks To Watch On Tuesday, August 30
• Forex – NZD/USD Up In Asian Trade
• Hot Option Plays: Some Cash Has Moved Out Of Gold & Bonds
• Louisiana-Pacific Cuts Production
• Simcere Drug Cleared In China
• Urban Outfitters To Buyback Shares
• Earnings Scorecard: Hain Celestial
• U.S. Exports To China Grew 4 Times Faster Than Exports To The Rest Of The World From 2000 To 2010
• FOMC Minutes, Conference Board’s Consumer Confidence, S&P Case-Shiller Home Price Index
• Encouraging Data On Pfizer/BMY Drug
• SK Telecom Wins Spectrum Auction
• Rent-A-Center Adds 2 More Stores
• August Offer!
• Autodesk Buys Numenus’ Assets
• Market Grows For Eaton Corp.
• Dow Jones Jumps 254 Points Post-Hurricane Irene, Bank Of America Surges & Pfizer Gets FDA Approval
• Forex – EUR/USD Up At The End Of U.S. Session
• UDR Completes Chelsea Acquisition
• Forex – USD/JPY Up Toward The End Of U.S. Session
• GM Trims Truck Output
• Gentiva To Exit CareCentrix
• TOTAL’s Pazflor Field Holds Promise
• Forex – EUR/USD Up Toward The End Of U.S. Session
• Walmart’s Massmart To Expand
• Earnings Preview: Brown-Forman
• Earnings Scorecard: CACI
• Big Lots Kept At Neutral
• FDA Approves Pfizer’s Xalkori
• BofA Close To Divesting CCB Stake
• Forex – GBP/USD Up During The U.S. Session
• Next 2 Weeks Of Macro Data To Decide If AUD/USD Extends Rally
• Earnings Preview: Zumiez
• Forex – USD/CHF Up In U.S. Trading Hours
• Noble In Apache’s & Other’s Service
• Positive Economic News Roundup
• Forex – USD/CAD Down In U.S. Trade
• Breakouts Following Through In USD/CHF, EUR/CHF, GBP/CHF, CHF/JPY
• Forex – EUR/USD Down In U.S. Trading Hours
• Facebook Ending Daily Deals Program
• Valuation Gap Makes Gold Miners Attractive But All Miners Aren’t Created Equal

Has Priceline’s Trend Broken? –A Look At The Stock Through Ancient Eyes. Posted: 29 Aug 2011 05:18 PM PDT There are strategies that have passed the test of time, which we can refer to as "Tried & True". "Cash is King" during economic downturns or the infamous, "catching a falling knife", are a few examples.  I have found that the lessons of the great speculator, Jesse Livermore fall into this same category.  During times of market confusion or abnormal stock behavior, I use his "Tried & True" lessons to guide my own trading decisions. How does Priceline (PCLN: … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Walmart Wasn’t First Big Retailer To Be Condemend For Offering Its Customers Everyday Low Prices Posted: 29 Aug 2011 05:07 PM PDT Does this sound familiar? 1. At its peak, the retail chain had nearly 16,000 stores nationwide, with a retail presence in almost every state. Critics charged it with competing unfairly by offering too-low prices.  2. The major retailer’s business philosophy is simple: If the company keeps its costs down and prices low, more shoppers will come through its doors, producing more profits than if it kept prices high. The more stores it could open, the greater the take. 3. But the company had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/JPY Up On Economic Data Posted: 29 Aug 2011 05:05 PM PDT Forexpros – The Euro was higher against the Japanese Yen on Tuesday after the release of Japanese data on Retail Sales. EUR/JPY was trading at 111.61, up 0.10% at time of writing. The pair was likely to find support at 110.12, Friday's low, and resistance at 111.94, Monday's high. Earlier in the day, official data showed that Japanese retail sales rose less-than-expected to a seasonally adjusted annual rate of 0.7% last month from 1.2% in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Retail Sales Rise Less-than-expected Posted: 29 Aug 2011 05:00 PM PDT Forexpros – Japanese retail sales rose less-than-expected last month, official data showed on Monday. In a report, the Ministry of Economy Trade and Industry said that retail sales rose to a seasonally adjusted annual rate of 0.7%, from 1.2% in the preceding month whose figure was revised up from 1.1%. Analysts had expected retail sales to rise at annual rate of 1.5% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Up On Economic Data Posted: 29 Aug 2011 04:45 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on Unemployment Rate. USD/JPY was trading at 76.95, up 0.15% at time of writing. The pair was likely to find support at 76.48, Wednesday's low, and resistance at 77.70, Thursday's high. Earlier in the day, official data showed that Japan's unemployment rate rose unexpectedly to a seasonally adjusted 4.7% last month from 4.6% in the preceding month. Analysts had expected the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Japan’s Unemployment Rate Rises Unexpectedly Posted: 29 Aug 2011 04:40 PM PDT Forexpros – Japan's unemployment rate rose unexpectedly last month, official data showed on Monday. In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month rose to a seasonally adjusted 4.7%, from 4.6% in the preceding month. Analysts had expected the rate of unemployment to remain unchanged at 4.6% last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 29 Aug 2011 04:10 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Monday. EUR/USD was trading at 1.4520, up 0.06% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, today's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.05% to hit 0.8848 and EUR/JPY rising 0.20% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stocks To Watch On Tuesday, August 30 Posted: 29 Aug 2011 03:48 PM PDT   ( click to enlarge ) PriceSmart, Inc. (NASDAQ:PSMT) is ready for a possible rally if breakout key resistance level of $62.27 with big volume.  The MACD Histogram is back in positive territory and the stock price is above the 50 and 200 moving averages. Stay tuned.    ( click to enlarge ) Ciena Corporation (NASDAQ:CIEN) has made an awesome move on Monday breaking out its resistance level. Plenty of room to upside.    ( click to enlarge ) Technical chart is showing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Up In Asian Trade Posted: 29 Aug 2011 03:35 PM PDT Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Monday. NZD/USD was trading at 0.8474, up 0.15% at time of writing. The pair was likely to find support at 0.8259, Thursday's low, and resistance at 0.8474, today's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.02% to hit 1.2597 and EUR/NZD falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Some Cash Has Moved Out Of Gold & Bonds Posted: 29 Aug 2011 03:17 PM PDT Cusick’s Corner Bonds finished the day on their lows, stocks finish above resistance of 1200, and the 4 offensive sectors, XLF, XLE, XLY and QQQs, all finish the day in the green. While not that much has changed in the last week, we do have to recognize that a lot of cash has moved out of Gold and Bonds, but the volume in this move was too low to say that it is that capital going to work. We also have to recognize that this is month end — plenty of managers need to put lipstick on the pig, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Louisiana-Pacific Cuts Production Posted: 29 Aug 2011 03:10 PM PDT Louisiana-Pacific Corporation (NYSE:LPX) recently announced the curtailment of oriented strand board (OSB) press production at its Dawson Creek mill, located in British Columbia, Canada. However, the mill will continue to manufacture LP TechShield Radiant Barrier Sheathing to support the demand of the product in the West Coast markets. According to the company, the decision to cut down on the production of OSB was based on the poor performance by the construction industry. This will result in 88 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Simcere Drug Cleared In China Posted: 29 Aug 2011 03:10 PM PDT Recently, the State Food and Drug Administration (SFDA) of China delivered a boost to Simcere Pharmaceutical Group (NYSE:SCR) by clearing its drug Iremod, for treating patients suffering from active rheumatoid arthritis (RA). Iremod, developed solely by Simcere, will be the first Iguratimod drug to hit the global market and will be used mainly to treat patients suffering from active RA. Iguratimod refers to a new disease-modifying, anti-rheumatoid therapy and belongs to the category of Disease … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Urban Outfitters To Buyback Shares Posted: 29 Aug 2011 03:05 PM PDT Urban Outfitters Inc. (URBN) has decided to optimize its shareholders' return by employing its available free cash to buyback shares. The recently announced share repurchase program, which has no set time limit, authorizes the company to buy back up to $10 million shares of its common stock. The company added that it expects to buyback the shares through open market or private transactions. Further, the company also completed its previous share repurchase program authorized on November 16, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: Hain Celestial Posted: 29 Aug 2011 03:05 PM PDT The Hain Celestial Group Inc. (NASDAQ:HAIN), which distributes, markets and sells various natural and organic foods as well as personal care products, posted better-than-expected fourth-quarter 2011 financial results. Street analysts had nearly a week to ponder over the company's scores. In the paragraphs that follow, we cover the recent earnings announcement, subsequent estimate revisions by the analysts as well as the Zacks Rank and long-term recommendation for the stock. Earnings Report … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Exports To China Grew 4 Times Faster Than Exports To The Rest Of The World From 2000 To 2010 Posted: 29 Aug 2011 03:04 PM PDT We hear a lot about Chinese exports to the U.S., but we don’t hear as much about U.S. exports to China.  Here are some facts from the U.S.-China Business Council: China is the third largest export market for the United States ($92 billion in 2010), behind our NAFTA partners #1 Canada ($248 billion) and #2 Mexico ($163 billion), and head of #4 Japan ($60.5 billion) and #5 U.K. ($48.5 billion).   Our top five exports to China in 2010 were: Computers and electronics ($15.3 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FOMC Minutes, Conference Board’s Consumer Confidence, S&P Case-Shiller Home Price Index Posted: 29 Aug 2011 03:02 PM PDT 08/29/11 The FOMC meeting minutes from the August 9 gathering will be released. Consumer confidence for August will also be closely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Encouraging Data On Pfizer/BMY Drug Posted: 29 Aug 2011 02:50 PM PDT Recently, Bristol-Myers Squibb Company (NYSE:BMY) and partner Pfizer (NYSE:PFE) announced encouraging data from a late-stage study (ARISTOTLE: n=18,201) which evaluated their blood thinner Eliquis (apixaban) in patients suffering from erratic heartbeat and carrying at least one additional risk factor for stroke. The cardiac rhythm disorder is referred to as atrial fibrillation (AF). Bristol-Myers and Pfizer presented detailed data from the study at the European Society of Cardiology. Topline results … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

SK Telecom Wins Spectrum Auction Posted: 29 Aug 2011 02:35 PM PDT South Korean telecom giant SK Telecom Corp. Ltd. (NYSE:SKM) won 1.8 gigahertz (GHz) licenses for KRW 995 million ($920 million) in a spectrum auction conducted in South Korea. The Korea Communications Commission (KCC) conducted a radio spectrum auction that provides several frequency bands to Korean mobile operators, thereby kindling competition. Winning frequencies aid operators to deploy advanced mobile network services known as Long Term Evolution (LTE). The regulator auctioned three blocks of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Rent-A-Center Adds 2 More Stores Posted: 29 Aug 2011 02:35 PM PDT Rent-A-Center Inc. (NASDAQ:RCII), in an attempt to expand its operational roots, is all set to serve the residents of Petoskey, Michigan and Depew, New York by opening new stores and providing them additional avenues to own luxury furnishings, electrical devices, electronics and computers. The new 3,400-square-foot showroom in Petoskey and the 4,207-square-foot showroom in Depew will offer brands like HP, Ashley, Sony, Serta and Whirlpool. Rent-A-Center operates through 106 and 176 locations in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

August Offer! Posted: 29 Aug 2011 02:34 PM PDT Discover why traders all over the world have called Secrets of a Pivot Boss "one of the best"! August is almost over, and so is my Special Book Offer! If you buy my book from PivotBoss.com in August, you'll receive a FREE live webinar in September by yours truly! There's only a few more days to take advantage of this special offer! So act now! Jumpstart Your Trading! Since this offer is for traders that have newly purchased my book, your FREE webinar will be geared toward jumpstarting … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Autodesk Buys Numenus’ Assets Posted: 29 Aug 2011 02:05 PM PDT A leading developer and provider of 2D and 3D model-based design, engineering and documentation software and services, Autodesk Inc. (NASDAQ:ADSK) recently announced that it has acquired certain technology assets from Koblenz, Germany-based Numenus GmbH. However, the terms of the acquisition were not disclosed and the transaction is not expected to have any impact on Autodesk's current outlook issued on August 18, 2011. Numenus' technology is efficient in creating life-like images by directly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Market Grows For Eaton Corp. Posted: 29 Aug 2011 02:05 PM PDT Eaton Corporation (NYSE:ETN) said that its products will be installed in the world's largest mobile cone-type rock crusher, the TC1885C mobile crusher. Brightwater Manufacturing Ltd. of Christchurch, New Zealand, has selected Eaton's products for its TC1885C mobile crusher, which is used in rock quarries. Installations in the 140-ton rock crusher machine include Eaton's heavy-duty Series 1 pumps, Vickers screw-in cartridge valves, and Aeroquip hose and fittings for fluid conveyance. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Dow Jones Jumps 254 Points Post-Hurricane Irene, Bank Of America Surges & Pfizer Gets FDA Approval Posted: 29 Aug 2011 09:00 AM PDT 08/29/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the ringing of the NYSE closing … [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: 29 Aug 2011 01:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending. EUR/USD was trading at 1.4515, up 0.11% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, today's high. Earlier in the day, official data showed that U.S. personal spending rose more-than-expected to a seasonally adjusted 0.8% last month from -0.1% 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

UDR Completes Chelsea Acquisition Posted: 29 Aug 2011 01:40 PM PDT UDR, Inc. (NYSE:UDR), a leading multifamily real estate investment trust (REIT), has recently completed the acquisition of 21 Chelsea – a 210-unit luxury apartment community in New York City, for $138 million. The purchase price included the assumption of a $31 million first mortgage loan secured by the property, which is scheduled to mature in June 2012 and can be pre-paid at par in December 2011. The transaction was funded with cash and availability in the credit facility of the company. The … [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: 29 Aug 2011 01:40 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of U.S. data on Pending Home Sales. USD/JPY was trading at 76.87, up 0.27% at time of writing. The pair was likely to find support at 76.48, Wednesday's low, and resistance at 77.70, Thursday's high. Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted -1.3% last month from 2.4% in the preceding month. Analysts had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GM Trims Truck Output Posted: 29 Aug 2011 01:35 PM PDT General Motors Company (NYSE:GM) decided to trim production for pickup trucks over the next 2 months in order to adjust to the slack demand of the same on the back of continued weakness in the housing and construction sectors. The automaker has canceled five scheduled overtime shifts on Saturdays in September and October at its Flint, Michigan plant. The plant produces 900 trucks per day. GM had already rehired 750 laid-off workers at the plant earlier this month for a third shift. It aims to have … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gentiva To Exit CareCentrix Posted: 29 Aug 2011 01:35 PM PDT On Friday, Gentiva Health Services Inc. (NASDAQ:GTIV) announced its intention to sell its residual 31% share in CareCentrix Holdings Inc. in the upcoming weeks. Net cash inflow from the sale for Gentiva is expected to be around $65-$70 million. Previously, on September 25, 2008, Gentiva had sold a 69% stake out of its holding in CareCentrix to Water Street Healthcare Partners for $147 million. This ended Gentiva's control over CareCentrix, which was established by the company in 1996. Gentiva's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

TOTAL’s Pazflor Field Holds Promise Posted: 29 Aug 2011 01:35 PM PDT Integrated oil and gas company TOTAL S.A. (NYSE:TOT) announced that its Pazflor field offshore Angola has started to produce ahead of expectations. The company will gradually increase the production from this field to 220 thousands barrels per day over the coming months. The new production will spur TOTAL's liquid production level from 1,197 thousand barrels per day produced during the second quarter. The Pazflor field is located  93 miles (150 km) off the coast of Angola and 25 miles (40 … [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: 29 Aug 2011 01:25 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Monday after the release of U.S. data on Pending Home Sales. EUR/USD was trading at 1.4506, up 0.05% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, today's high. Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted -1.3% last month from 2.4% in the preceding month. Analysts had expected Pending … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Walmart’s Massmart To Expand Posted: 29 Aug 2011 01:05 PM PDT Retail giant, Wal-Mart Stores, Inc. (NYSE:WMT)'s South African acquisition of Massmart Holdings Ltd., has planned to expand by doubling its market share in food sales. Accordingly, Massmart has planned to invest 20 billion rand ($2.77 billion) over five years to double its market share from 10% now. Consequently, Massmart's capital expenditure would shoot up from 1.1 billion now to 1.6 billion rand by June 2012. The company is also prepared to take on more debt to fund expansion plans. Walmart … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Brown-Forman Posted: 29 Aug 2011 01:05 PM PDT Brown-Forman Corporation (BF.B), one of the world’s leading producers and distributors of premium alcoholic beverages, is scheduled to report its first-quarter 2012 financial results before the market opens on August 31, 2011. The current Zacks Consensus Estimates for the quarter is earnings of 83 cents a share. For the quarter under review, revenue is expected at $769.0 million, according to the Zacks Consensus Estimate. Fourth-Quarter 2011 Synopsis On June 09, 2011, Brown-Forman reported … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Scorecard: CACI Posted: 29 Aug 2011 01:05 PM PDT CACI International Inc. (CACI) reported earnings of $1.28 per share in the fourth quarter of fiscal 2011, beating the Zacks Consensus Estimate of $1.17. The company noted that the solid results were due to its growth strategy, operational excellence, opportunities provided by developing markets and new contract wins. Fourth Quarter Earnings Highlights The company reported revenues of $963.2 in the fourth quarter of fiscal 2011, up 13.5% year over year. The year-over-year revenue growth … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Big Lots Kept At Neutral Posted: 29 Aug 2011 01:05 PM PDT We reiterate our long-term Neutral recommendation on Big Lots Inc. (NYSE:BIG) with a price target of $34.00 per share. The company operates as a broad line closeout retailer in the United States. Big Lots’ closeout format provides it an edge over traditional discount retailers as it offers merchandise assortments to customers at very low prices. The company buys brand merchandise at lower costs from vendors who have excess inventory and resort to a fire sale of goods, or have higher sales returns … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

FDA Approves Pfizer’s Xalkori Posted: 29 Aug 2011 01:05 PM PDT Pfizer Inc. (NYSE:PFE) recently received a major boost with the US Food and Drug Administration (FDA) granting approval to Xalkori (crizotinib) for the treatment of patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) that is anaplastic lymphoma kinase (ALK)-positive, as detected by an FDA-approved test. Xalkori's approval was based on data from 255 patients with locally advanced or metastatic ALK-positive NSCLC across two multi-center, single-arm studies, including a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

BofA Close To Divesting CCB Stake Posted: 29 Aug 2011 01:05 PM PDT According to a CNBC report on Friday, Bank of America Corp. (NYSE:BAC) is in the final stage of selling at least half of its stake in China Construction Bank ("CCB"). This is part of BofA's effort to strengthen its capital position in order to reinstate dividend hike and meet new international capital standards. However, the company will continue to be a strategic investor in CCB, the world's second largest bank by value. BofA will sell around $8.5 billion of its 10% stake in the Chinese … [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: 29 Aug 2011 12:55 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending. GBP/USD was trading at 1.6408, up 0.24% at time of writing. The pair was likely to find support at 1.6209, Friday's low, and resistance at 1.6534, Wednesday's high. Earlier in the day, official data showed that U.S. personal spending rose more-than-expected to a seasonally adjusted 0.8% last month from -0.1% in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Next 2 Weeks Of Macro Data To Decide If AUD/USD Extends Rally Posted: 29 Aug 2011 12:42 PM PDT AUD Climbs on Risk Sentiment, Stocks The Australian dollar managed to extend its gains from Friday's session, post Bernanke's Jackson Hole speech. We saw quite strong rally in US equities today with the S&P500  index up 2.3%, though on thin volume, and that helped to set a positive tone for higher yielders to start the week – with the Aussie being one of them. In the daily time frame the AUD/USD has moved about some important moving averages including the 100, the 21 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Earnings Preview: Zumiez Posted: 29 Aug 2011 12:35 PM PDT Zumiez, Inc. (NASDAQ:ZUMZ) is scheduled to report second-quarter 2011 financial results on August 31, 2011. The current Zacks Consensus Estimate for the quarter is earnings of 5 cents a share. First-Quarter 2011, Summary Zumiez reported first-quarter earnings of 6 cents a share, beating the Zacks Consensus Estimate of 2 cents a share. The company also turned around from a loss of 3 cents a share posted in the first quarter of fiscal 2010. Net income from operations was $1.9 million compared with a … [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: 29 Aug 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday after the release of U.S. data on Pending Home Sales. USD/CHF was trading at 0.8162, up 1.23% at time of writing. The pair was likely to find support at 0.7875, Wednesday's low, and resistance at 0.8241, today's high. Earlier in the day, industry data showed that Pending home sales in the U.S. fell more-than-expected to a seasonally adjusted -1.3% last month from 2.4% in the preceding month. Analysts had expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Noble In Apache’s & Other’s Service Posted: 29 Aug 2011 12:15 PM PDT Oil and gas service provider, Noble Corporation (NYSE:NE) has inked a 70-day contract with U.S. energy firm Apache Corp. (NYSE:APA) for its semi-submersible rig Noble Amos Runner. In the August 2011 fleet status report, Noble highlighted that Noble Amos Runner is slated to start the contract in late August in the region of Gulf of Mexico (GoM) and will earn $360,000 per day. The company added that the rig also secured a nine-month deal, in the GoM, with privately held U.S. company Llog at a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Positive Economic News Roundup Posted: 29 Aug 2011 12:15 PM PDT 1. World steel production increased in July to 127.5 metric tons, which was an increase of 11.5% from its year-earlier level, and a 21.1% gain from two years ago.  Steel production increased in July by 15.5% in China and by 10.2% in the U.S. from a year ago. 2. The Conference Board announced recently that its Leading Economic Indexes for June increased in Mexico (0.1%), the Euro Area (0.3%), France (0.5%) and Germany (0.80%). 3. The hotel industry trade association is reporting positive … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 29 Aug 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Monday after the release of U.S. data on Personal Spending. USD/CAD was trading at 0.9786, down 0.33% at time of writing. The pair was likely to find support at 0.9741, today's low, and resistance at 0.9924, Friday's high. Earlier in the day, official data showed that U.S. personal spending rose more-than-expected to a seasonally adjusted 0.8% last month from -0.1% in the preceding month whose figure was revised up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Breakouts Following Through In USD/CHF, EUR/CHF, GBP/CHF, CHF/JPY Posted: 29 Aug 2011 12:00 PM PDT Forex Video Technical Update The Swissie continues to shed strength, and in an aggressive manner. We saw consolidation and congestion patterns break at the end of last week, and price action is following through to start this week. Let's take a look at the breakouts in the USD/CHF, EUR/CHF, GBP/CHF and CHF/JPY charts. (function ($) { $(“#ytplayer-4e5be5cc2a3f4″).ytplayer({source: “ZRBLbxEUR3s”, height: 390, width: 676, autoplay: false, nativeControls: false, onReady: null}); … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 29 Aug 2011 11:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Monday after the release of U.S. data on Personal Spending. EUR/USD was trading at 1.4498, down 0.01% at time of writing. The pair was likely to find support at 1.4328, Thursday's low, and resistance at 1.4549, today's high. Earlier in the day, official data showed that U.S. personal spending rose more-than-expected to a seasonally adjusted 0.8% last month from -0.1% 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

Facebook Ending Daily Deals Program Posted: 28 Aug 2011 10:59 PM PDT 08/29/11 Facebook will be phasing out its Daily Deals program, but will continue to offer Check-in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Valuation Gap Makes Gold Miners Attractive But All Miners Aren’t Created Equal Posted: 28 Aug 2011 10:00 PM PDT Goldwatchers were reminded gold's volatility works in both directions last week, with prices falling more than $100 an ounce in just one day. We forecasted the selloff during the previous week, explaining a 10 percent correction would be a non-event. Once again the CME Group hiked the exchange's margin requirements for gold investment to shake out overleveraged speculation. This is a positive for long-term investors. One market trend that seems to be attracting more and more attention is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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