DailyMarkets.com - Forex Trading: Euro Firmer

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• Forex Trading: Euro Firmer
• Forex Trading: Euro Zone Trade Balance -1.0B; Better Than Expected.
• Forex Trading: USD/CHF Recieving Hourly Trend Line Support
• Forex – USD/JPY Up In European Trade
• Forex – EUR/USD Up In European Trading Hours
• Monetary Authority Of Singapore Eases Policy
• Forex – GBP/USD Down During The European Session
• Central Bank Of Egypt Monetary Policy Unchanged
• Forex – EUR/GBP Down During The European Session
• Asian Markets Close Lower; Nikkei Down 0.85%
• Bull Of The Day: Interactive Brokers Group (IBKR)
• Momentum Stock: Treehouse Foods, Inc.
• Bear Of The Day: Teradyne, Inc. (TER)
• Growth & Income Stock: Post Properties, Inc.
• Aggressive Growth Stock: Focus Media Holdings
• Forex – EUR/USD Up During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Clean Diesel (CDTI) Bus Polution Control Order
• Forex Trading: Usd/hkd Staying Below The 100 Mv And 200 Mv
• OriginOil Has Announced That The First SSE Production System Has Been Shipped.
• ADP Buys TheRightThing
• AIG Refinances $4.5B Of Debt
• STO’s North Sea Venture Turns Dry
• Onyx And Bayer Bury The Hatchet
• September Sales Rise At Destination
• Mixed Sky Traffic In September
• CNH Expands In Latin America
• Google Hits Another Homer In Q3
• Arrow Shifts Headquarters
• UAW Agrees With Automakers
• Sales And Comps Depress At Regis
• Tanger Enhances Portfolio
• Time Warner Offers Debt
• XL Group Estimates Cat Loss
• Textron In ASV Reset Deal
• Cameron Lands Jette Subsea Contract
• Legg Mason’s September AUM Falls
• MetLife To Sell Mortgage Business
• Freeport Raises Copper Output
• CINF Reiterated At Underperform
• GR Launches Camera Gimbal, TASE400
• RTN’s New Projectile Set For Action
• Meredith’s Strategic Measure
• Cliffs Reopens WV Mine
• Forex Trading: Usd/hkd In A Channel
• Forex Trading: Usd/cnh Stuck In A Sideways Channel
• Dow Loses 40 Points On Weak Earnings An Global Economic Data
• Daily FTSE Technical Update
• Richard Wyckoff Tags On The SP500
• Rally Not Confirmed By Volume

Forex Trading: Euro Firmer Posted: 14 Oct 2011 02:32 AM PDT After making a high of 1.38141 and breaking above resistance earlier, the pair sold lower following the earlier post. Looking at the 15 minute chart you can see that the pair tested shorter term trend line support and has since traded higher following comments from ECB's Liikanen that that the ECB balance sheet increase won't boost inflation and has sought to ensure liquidity for European banks. 1.38141 is the first target higher with the next being 1.38323 (like … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Euro Zone Trade Balance -1.0B; Better Than Expected. Posted: 14 Oct 2011 02:31 AM PDT CPI (y/y) was unchanged at 3.0%, and Core CPI (y/y) was slightly better at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USD/CHF Recieving Hourly Trend Line Support Posted: 14 Oct 2011 02:31 AM PDT With the last hourly candlestick, the pair tested upward trend line support which began earlier in the week when the USD sold-off while stocks rallied. If support holds, the next target appears to be the 38.2% fibo line. The hourly low of .8916 is where we have found daily support since the end of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up In European Trade Posted: 14 Oct 2011 02:30 AM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 76.98, up 0.11% at time of writing. The pair was likely to find support at 76.32, Wednesday's low, and resistance at 77.49, Wednesday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.3789 and GBP/USD rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In European Trading Hours Posted: 14 Oct 2011 01:55 AM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3801, up 0.17% at time of writing. The pair was likely to find support at 1.3395, Monday's low, and resistance at 1.3834, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.15% to hit 0.8752 and EUR/JPY rising 0.19% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monetary Authority Of Singapore Eases Policy Posted: 14 Oct 2011 01:13 AM PDT The Monetary Authority of Singapore eased monetary policy settings.  The MAS said: “Given the stresses and fragility in the advanced economies, the prospects for growth in Singapore’s major trading partners have deteriorated.  With the slowdown in demand, growth in the Singapore economy could fall below its potential rate of 3-5%.  Thus, core inflation should ease next year, although headline inflation could stay elevated in the near term reflecting the higher imputed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The European Session Posted: 14 Oct 2011 01:10 AM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5764, down 0.02% at time of writing. The pair was likely to find support at 1.5543, Wednesday's low, and resistance at 1.5798, Wednesday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8735 and GBP/JPY rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank Of Egypt Monetary Policy Unchanged Posted: 14 Oct 2011 12:39 AM PDT The Central Bank of Egypt held its overnight deposit rate unchanged at 8.25%, the overnight lending rate at 9.75%.  The Bank said: “the slowdown in economic growth should limit upside risks to the inflation outlook. Given the balance of risks on the inflation and GDP outlooks and the increased uncertainty at this juncture, the MPC judges that the current key CBE rates are appropriate.”  On the inflation outlook the bank noted: “The probability of a rebound in international … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Down During The European Session Posted: 14 Oct 2011 12:15 AM PDT Forexpros – The Euro was lower against the British Pound on Friday. EUR/GBP was trading at 0.8736, down 0.02% at time of writing. The pair was likely to find support at 0.8614, Monday's low, and resistance at 0.8787, Wednesday's high. Meanwhile, the Euro was down against the U.S. Dollar and up against the Japanese Yen, with EUR/USD shedding 0.03% to hit 1.3774 and EUR/JPY rising 0.04% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asian Markets Close Lower; Nikkei Down 0.85% Posted: 14 Oct 2011 12:10 AM PDT Forexpros – Asian stocks were down after the closing bell on Friday. At the close of Asian trade, Japan's Nikkei 225 index fell 0.85%, Australia's S&P/ASX 200 index shed 0.92%, while Hong Kong's Hang Seng Index was trading 1.25% down. Meanwhile, the outlook for U.S. equity markets was mixed. Dow Jones Industrial Average futures indicated a loss of 0.06%, S&P 500 futures pointed to an increase of 0.02% and Nasdaq 100 futures indicated a rise of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Interactive Brokers Group (IBKR) Posted: 13 Oct 2011 11:05 PM PDT We are upgrading our recommendation on Interactive Brokers Group (NASDAQ:IBKR) to Outperform as its brokerage business continued to perform well and the company reinstated its quarterly dividend. Despite declining market volumes, Interactive Brokers’ Market Making segment is positioned to improve on better revenue capture. We expect the company’s strategy with respect to structural changes in the business to bode well. Also, larger average trade sizes continue to improve its Electronic Brokerage … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Treehouse Foods, Inc. Posted: 13 Oct 2011 11:05 PM PDT Treehouse Foods, Inc. (NYSE:THS) is one of very few stocks that rallied in September, hitting a new all-time high in spite of the weak market. With a high industry rank and bullish growth projection, this Zacks #2 Rank stock is food for momentum. Company Description Treehouse Foods, Inc. operates as a food manufacturing company servicing grocery stores and food service distribution channels in the US and Canada. The company was founded in 1862 and has a market cap of $2.12 billion. THS was one of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Teradyne, Inc. (TER) Posted: 13 Oct 2011 11:05 PM PDT Teradyne, Inc. (NYSE:TER) is a leading provider of automated test equipment. The company’s second quarter earnings beat the Zacks Consensus, although revenue growth was sluggish. Forward guidance indicates slack demand, particularly for back-end testing equipment. While there could be pockets of strength, we think that the negative mix of business, relatively lower exposure to the memory segment and the uncertainty at semiconductor manufacturers will impact results in the next few quarters. As a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Post Properties, Inc. Posted: 13 Oct 2011 11:05 PM PDT Post Properties, Inc. (NYSE:PPS) continues to benefit from a decline in home ownership rates in the United States. The apartment REIT delivered a 29% positive earnings surprise for the second quarter on higher occupancy rates and average monthly rents. It was Post’s 8th consecutive positive earnings surprise. Management revised its guidance higher for 2011 after the strong quarter, prompting analysts to raise their estimates significantly higher. It is a Zacks #1 Rank (Strong Buy) stock. In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Focus Media Holdings Posted: 13 Oct 2011 11:05 PM PDT Focus Media (NASDAQ:FMCN) is still a Zacks #1 Rank (Strong Buy) as the consensus estimates continue to climb. The company recent increased efforts to enhance shareholder value and analysts are excited about the next earnings release. Company Description Focus Media is a targeted interactive digital media company in China. The company has over 200,000 LCD displays across the country. Estimates Keep Getting Better The company was featured as a Zacks Rank Buy about 6 weeks ago, and since then the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session Posted: 13 Oct 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3787, up 0.07% at time of writing. The pair was likely to find support at 1.3395, Monday's low, and resistance at 1.3834, Wednesday's high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8744 and EUR/JPY rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 13 Oct 2011 10:25 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5745, down 0.14% at time of writing. The pair was likely to find support at 1.5543, Wednesday's low, and resistance at 1.5798, Wednesday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.08% to hit 0.8745 and GBP/JPY falling 0.13% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Clean Diesel (CDTI) Bus Polution Control Order Posted: 13 Oct 2011 08:35 PM PDT Ian Gilson, CFA Clean Diesel (NASDAQ:CDTI) has received an order for its approved emission reduction products for retrofitting Purifilter Plus diesel particulate filter(DPF) emission reduction systems to school buses under the California Air Resources Board program for Northern California. The orders were received from Emissions Retrofit Group, a key distributor of Clean Diesels ECS-branded emission reduction products. We are not changing our estimates at this time. The revenue will be included … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Staying Below The 100 Mv And 200 Mv Posted: 13 Oct 2011 08:32 PM PDT usd/hkd staying below the 100 day and 200 day moving average signaling a bearish sign. We need to see the 100 day move below the 200 day to show a stronger … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OriginOil Has Announced That The First SSE Production System Has Been Shipped. Posted: 13 Oct 2011 08:30 PM PDT Ian Gilson, CFA OriginOil (OOIL) has announced that the first SSE Production System has been shipped.The first Single Step Extraction production system (announced in January 2011) has passed its acceptance tests and is being shipped to Australia by sea and should be installed and working at MBD Energy’s facility in December 2011. The value of the purchase order was $150,00, of which $75,000 was received and booked as revenue and $37,500 is due now since the unit has shipped and the final … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ADP Buys TheRightThing Posted: 13 Oct 2011 08:05 PM PDT Automatic Data Processing Inc. (NYSE:ADP) recently announced the acquisition of privately held The RightThing. However, financial terms of the transaction were not disclosed. Findlay, Ohio-based The RightThing, is a leading recruitment process outsourcing (RPO) provider. The RightThing is also the parent company of AIRS, a widely recognized leader in recruitment training and technology. The acquisition reflects ADP's strategy of expanding its business beyond payroll and also solidifying its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AIG Refinances $4.5B Of Debt Posted: 13 Oct 2011 08:05 PM PDT In an attempt to restructure its capital for long-term stability, yesterday American International Group Inc. (NYSE:AIG) announced the sanction of two new bank credit facilities totaling $4.5 billion. While one of the credit facilities is worth $3.0 billion granted by banks for four years, the other one is worth $1.5 billion for a 364-day period. The 4-year facility also includes a Letter of Credit (LoC) with a sub-limit of $1.5 billion, which can be taken out by both AIG and its subsidiaries, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

STO’s North Sea Venture Turns Dry Posted: 13 Oct 2011 08:05 PM PDT Statoil ASA (NYSE:STO) has dug out a dry well in its latest wildcat drilling in the Norwegian North Sea, according to Norwegian Petroleum Directorate. The well, 15/8-2, was drilled around 5 miles west of the Sleipner Vest field in production license (PL) 303, which is operated and solely owned by Statoil. The well drilled using China Oilfield Services' newbuild deep-water semi-submersible COSL Pioneer. The main purpose of the well was to verify petroleum in Middle Jurassic reservoir rocks namely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Onyx And Bayer Bury The Hatchet Posted: 13 Oct 2011 08:05 PM PDT Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) recently settled its dispute and modified its deal with partner Bayer (BAYRY) regarding their cancer drug Nexavar and Bayer's cancer candidate regorafenib. The companies’ agreement for Nexavar dates back to 1994. Nexavar is approved for treating  cancer of the kidney and liver. We remind investors that the dispute started in 2009 when Onyx dragged Germany's Bayer to court accusing the latter of developing regorafenib (almost similar to Nexavar) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

September Sales Rise At Destination Posted: 13 Oct 2011 08:05 PM PDT Destination Maternity Corp. (DEST) reported net sales of $44.2 million in September 2011, up 6.6% from $41.4 million in September 2010. The company's fourth quarter net sales are expected to grow 4.2% to $129.4 million. The upside in sales can be attributed to increased revenue from the expansion of the company’s leased department relationship with Macy’s as well as higher Internet and international sales partially offset by the decrease in comparable store sales and closure of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed Sky Traffic In September Posted: 13 Oct 2011 08:05 PM PDT Despite a strong profit outlook for 2011 by The International Air Transport Association (IATA) as well as fare hikes and capacity pull backs, air carriers posted mixed traffic results in September primarily on fluctuations in economic conditions and debt concerns in Europe. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile flown by one passenger. The consolidated September traffic dipped 1.7% at the largest U.S. airline United Continental Holdings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNH Expands In Latin America Posted: 13 Oct 2011 08:05 PM PDT In a move to expand in the Latin-American market, Case New Holland (CNH) recently announced a new strategic partnership with Semeato, which specializes in attachments and agricultural machinery and technologies for no-till planting and seeding of grains. Management stated that the partnership will enable both the companies to make further use of their respective areas of expertise: CNH with tractors, sprayers, combines, forage and other agricultural equipment of all classes and power … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Google Hits Another Homer In Q3 Posted: 13 Oct 2011 08:05 PM PDT Even though analysts seemed a tad wary of Google Inc. (NASDAQ:GOOG) 3rd quarter 2011 earnings numbers after the closing bell today, the search engine king stepped up to the plate and took one long. Revenues of $9.72 billion were up 33% year over year and 8% sequentially. Diluted EPS (how Zacks reports Google’s earnings) reached $8.33, easily topping the $7.59 Zacks Consensus Estimate. The 10% positive earnings surprise bested the average positive surprise over the last 4 quarters of 8.5%, and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Arrow Shifts Headquarters Posted: 13 Oct 2011 08:05 PM PDT Arrow Electronics, Inc. (NYSE:ARW) recently announced that Englewood, Colorado will become its new global headquarters, effective Nov. 15, 2011. The company is currently headquartered in Melville, NY, and has had a significant presence in Englewood, CO, since 2000. The Englewood facility has served as the global base for the company's Enterprise Computing Solutions, Americas components and global services businesses. Management stated that the New York operations will continue to play a key … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UAW Agrees With Automakers Posted: 13 Oct 2011 08:05 PM PDT The United Auto Workers (UAW) union has finally agreed on a new 4-year contract with Chrysler Group LLC, 53.5% owned by Italy's Fiat SpA (FIATY). Previously, the union ended agreements with Chrysler's cross-town rivals, General Motors Co. (NYSE:GM) and Ford Motor Co. (NYSE:F). Overall, UAW's agreement with the Detroit automakers would add 20,000 jobs by 2015. The tentative agreement between UAW and Chrylser includes a $3,500 signing bonus, which will be paid in two installments: $1,750 as a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sales And Comps Depress At Regis Posted: 13 Oct 2011 08:05 PM PDT Regis Corporation (NYSE:RGS) recently reported first quarter 2012 revenues of $569 million, down 1.7% year over year. Regis owns, franchises or has stakes in more than 12,700 salons, hair restoration centers and cosmetology education services. The same-store sales (comps) for the first quarter fell 3.1% year over year. The rate of decline was sharper than respective drops of 1.5% and 1.7% in the year-ago and fourth quarters, implying a persistent deterioration in the quarter's same-store sales. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tanger Enhances Portfolio Posted: 13 Oct 2011 08:05 PM PDT Tanger Factory Outlet Centers Inc. (NYSE:SKT) recently announced that it has bought a popular outlet center located near Interstate 81 in Hershey, Pennsylvania for $56.0 million. The combined acquisition price consists of approximately $24.6 million in cash and the assumption of approximately $31.4 million in debt. The newly acquired center will be rebranded as Tanger Outlets Hershey. The center spans approximately 248,000 square feet of space and comprises mostly designer outlets and branded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Time Warner Offers Debt Posted: 13 Oct 2011 08:05 PM PDT Time Warner Inc. (NYSE:TWX), the diversified media conglomerate, recently announced the sale of debt through notes and debentures. The new $1 billion debt is divided into senior notes due January 2022 and senior debentures due October 2041. The issue, with a guarantee of Historic TW Inc., is of $500 million senior debts at 4% with a price of 98.297% of their face value, carrying a due date of 2022 and of $500 million 5.375% debentures at a price of 99.366% of their face value with a due date of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

XL Group Estimates Cat Loss Posted: 13 Oct 2011 08:05 PM PDT XL Group (NYSE:XL) expects a preliminary net loss from Hurricane Irene, Tropical Storm Lee, the September Texas Wildfires and the July Danish Floods, to range between $90 million and $120 million, net of reinsurance and reinstatement premiums. The company expects the majority of the loss to be attributable to XL’s Insurance segment. XL Group incurred catastrophe losses of $68.3 million, net of reinstatement premiums, in the second quarter. Underwriting profit of XL Group in the second quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Textron In ASV Reset Deal Posted: 13 Oct 2011 08:05 PM PDT Textron Marine & Land Systems, an operating unit of Textron Inc. (NYSE:TXT), has received a competitive contract to reset 392 M1117 Armored Security Vehicles ("ASV") from the United States Army Tank-automotive and Armaments Command ("TACOM"). The contract has a base value of $19.8 million. However, depending on the condition of vehicles inducted into the program, it could expand with the exercise of two option years. There are two one-year contract options. Option year one includes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cameron Lands Jette Subsea Contract Posted: 13 Oct 2011 08:05 PM PDT Oil drilling equipment maker Cameron International Corp. (CAM) announced a $56 million contract from Norwegian oil company Det Norske Oljeselskap ASA to supply future subsea technology solutions for its oil and gas projects in the North Sea. Cameron said that the deal – representing its first full subsea system supply in the Norwegian sector of the North Sea – includes the development of wellheads, trees, flow bases, electro-hydraulic multiplexed controls, connections, pipeline end … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Legg Mason’s September AUM Falls Posted: 13 Oct 2011 08:05 PM PDT Baltimore-based Legg Mason Inc. (NYSE:LM) experienced a decline in its assets under management (AUM) in September on a sequential basis. This was preceded by a drop in both August and July AUM. Preliminary month-end AUM came in at $611.8 billion, down 5% from $643.4 billion at the end of August. Moreover, equity AUM, fixed income AUM and liquidity AUM plummeted compared with the prior month. Legg Mason's equity AUM in September dipped 10.9% from the prior month to $144.9 billion while fixed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MetLife To Sell Mortgage Business Posted: 13 Oct 2011 08:05 PM PDT Yesterday, MetLife Inc. (NYSE:MET) announced that it is considering the possibility of selling MetLife Bank's mortgage business. MetLife believes that its mortgage business is very competitive and highly regulated, and hence, requires substantial amount of human and capital resources, which negatively affect the company's core businesses of global insurance and employee benefits. However, the company will continue to write mortgages while it is looking for a buyer. Additionally, the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Freeport Raises Copper Output Posted: 13 Oct 2011 08:05 PM PDT Freeport-McMoRan Copper & Gold Inc.'s (NYSE:FCX) Grasberg mine in Indonesia raised its copper concentrate production to more than 4,000 tons per day in October. The increased output comes despite the strike at Grasberg mine, which was extended by another month to mid-November. The total concentrate output is now expected to be 79,000 tons by the end of this week, which was only 54 tons on September 18, just days after the start of the strike by approximately half of its workforce. Earlier, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CINF Reiterated At Underperform Posted: 13 Oct 2011 08:05 PM PDT We are maintaining our Underperform rating on Cincinnati Financial Corp. (NASDAQ:CINF), as we believe that a weak economy, low investment yield and bad weather will weaken its return on equity. Cincinnati Financial recently predicted cat losses of $88-98 million after suffering a weather-related loss of $290 million in the second quarter, which led to an operating loss of 57 cents per share.  Top-line growth at Cincinnati Financial has been sluggish for the past several years due to weak … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GR Launches Camera Gimbal, TASE400 Posted: 13 Oct 2011 08:05 PM PDT Goodrich Corporation (NYSE:GR) has launched the latest and highest performance stabilized camera gimbal, TASE400; the fourth complete gimbal solution from the company. The TASE400 gimbal is for both manned and unmanned Intelligence Surveillance and Reconnaissance ("ISR") applications that require low size, weight and power ("SWaP"), along with high performance and excellent day and night imagery. The day/night surveillance imaging is in a 7 inch, 7.51b package. The features of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

RTN’s New Projectile Set For Action Posted: 13 Oct 2011 08:05 PM PDT Defense contractor Raytheon Company (NYSE:RTN) announced that its new precision-guided projectile Excalibur Ia-2 has successfully fired nine rounds in U.S. Army lot acceptance tests. This makes the projectiles ready for use for the U.S. Army and Marine Corps in Afghanistan. The projectiles are developed on the proven platform of Excalibur Ia-1, which had a range of 24 kilometers (14.92 miles). The upgraded Excalibur Ia-2 will have a range of 37.5 kilometers (23.3 miles) and will be able to counter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meredith’s Strategic Measure Posted: 13 Oct 2011 08:05 PM PDT It’s been a constant endeavor of Meredith Corporation (NYSE:MDP) to explore and add alternate revenue generating channels through acquisitions or by entering into strategic alliances in order to reduce its dependence on conventional advertising. Following its growth trajectory, Meredith recently announced that it has reached an agreement with the Reader’s Digest Association to acquire its award-winning magazine Every Day with Rachael Ray. The publisher of Better Homes and Gardens and Family … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cliffs Reopens WV Mine Posted: 13 Oct 2011 08:05 PM PDT Mining company, Cliffs Natural Resources Inc. (NYSE:CLF) restarted its operations at a West Virginia mine that was closed in May. The mine was shut down after elevated levels of carbon monoxide were detected. The operations resumed at the beginning of October. The mine produces metallurgical coal used for making coke for iron and steel production. It produced 1.1 million tons and employed about 375 miners in the fiscal year 2010. Cliffs faced another setback when its Oak Grove mine in Alabama was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd In A Channel Posted: 13 Oct 2011 07:31 PM PDT usd/hkd is ranging in this channel in this 30 min … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Stuck In A Sideways Channel Posted: 13 Oct 2011 07:31 PM PDT usd/cnh been ranging in this sideways channel seen here in this hourly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Loses 40 Points On Weak Earnings An Global Economic Data Posted: 13 Oct 2011 02:00 PM PDT 10/13/11 NYFP’s Closing Bell Market Monitor: The Big Board dropped 40 points today as weak data out of China and not-so-impressive earnings took a toll on US equities despite a vote of approval to extend the EFSF in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update Posted: 13 Oct 2011 07:32 AM PDT By ForexMansion.com by, James A. Hyerczyk As expected the FTSE 100 index paused after reaching the retracement zone of the yearly range of 6105.80 to 4791.00. This zone is 5448.40 to 5603.55. As the market approached this area, traders were going to have to decide whether this retracement range would form resistance or would it act as a launching pad for further upside action. Based on the close at 5404.38 on Thursday, it appears that it would be resistance at this time. Short-term traders, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Richard Wyckoff Tags On The SP500 Posted: 13 Oct 2011 01:17 AM PDT Seriously this is real fun. Here we tag the SPY (SP500 ETF) with the Wyckoff bar by bar tags found via the Richard Wyckoff method. Once you complete this exercise you actually get a very good market view that you can profit from. Please read this after you review the Gann Angle SP500 review. More on the “Up Thrust after Distribution (UTAD) ” (Phase C) from the distribution phase explanation chart. (Scroll down) Phase C may also reveal itself by a pronounced move upward, breaking through … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rally Not Confirmed By Volume Posted: 13 Oct 2011 12:35 AM PDT As stocks continued to rally into a resistance zone yesterday, the lack of confirmation from volume indicators suggest that resistance is likely to hold. The chart below of SPY shows that this October rally has been a low volume rally. In fact, volume has been so low that yesterday’s volume was barely above Monday’s Columbus Day semi-holiday volume. Recall what I wrote before about the William O’Neill technique for spotting confirmation of a bottom: [Y]ou'll want to see a market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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