Thursday, October 6, 2011

DailyMarkets.com - Forex Trading: Usdsgd Broke Out Of A Weekly Downward Channel

DailyMarkets.com - Forex Trading: Usdsgd Broke Out Of A Weekly Downward Channel

Forex Trading: Usdsgd Broke Out Of A Weekly Downward Channel

Posted: 06 Oct 2011 05:35 PM PDT

usd/sgd broke of a weekly downward channel giving a very bullish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Inches Higher In Early Asian Trade

Posted: 06 Oct 2011 05:10 PM PDT

Forexpros – Forexpros – Gold futures traded fractionally higher in Asian trade Friday, as European finance officials moved to stabilize the region's banks and ease market concerns over euro-zone sovereign debt woes.On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,653.75 a troy ounce during early Asian trade, adding 0.02%, after hitting a low of USDS1,652.05. European Central Bank President Jean-Claude Trichet said Thursday the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Slips In Early Asian Trade

Posted: 06 Oct 2011 04:37 PM PDT

Forexpros –
Forexpros – The euro dipped lower against the U.S. dollar in Asian trade Friday, receeding from daily highs prompted by the announcement from the European Central Bank it would be initiating a bond-buying and lending program to bolster the region's financial health.

EUR/USD hit 1.3424 in early Asian trade, the day's low; the pair subsequently consolidated at 1.3428, edging down 0.07%.

The pair was likely to find support at 1.3368, Tuesday's low, and resistance at 1.3566, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 06 Oct 2011 04:10 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday.

EUR/USD was trading at 1.3427, down 0.08% at time of writing.

The pair was likely to find support at 1.3147, Tuesday's low, and resistance at 1.3451, today's high.

Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8700 and EUR/JPY falling 0.16% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

China Bears Speaking Up

Posted: 06 Oct 2011 04:08 PM PDT

Two videos from China hard landing bears. Must watch China was the only country holding the the world up in 2008.

We think the real indicator to watch for a China hard landing is the Aussie and US dollar. The forex boys will know first !

Of course add this to a possible US recession, that will be fun !

Yahoo Tech ticker … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mortgage Rates Slide To Record Low

Posted: 06 Oct 2011 03:58 PM PDT

10/06/11 Mortgage rates for the 30-year fixed-rate loan fell to a record low below 4% to 3.94%. The rates are not enough to spur a recovery in the housing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: No Buyers Remorse Off The Lows

Posted: 06 Oct 2011 03:35 PM PDT

Cusick’s Corner
The market has held its ground and AAPL has been solid post the passing of Steve Jobs. Support is holding and I am not fading this move unless there is a trade, being nimble is critical. I am focusing on the Bond market today and in spite of the strength they have been holding up — this is a market that I really think is ready for a break, especially if we continue to see good data and the EU headlines stay positive. I will be monitoring TLT, the bond ETF, to see if the current … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Watch Unemployment

Posted: 06 Oct 2011 03:35 PM PDT

Cusick’s Corner
This was a constructive day. With the Non-Farm payrolls and Unemployment, strategically I am looking at spread strategies that take advantage of high implied volatility and conviction on direction, as well as mitigate capital risk instead of just going long or short the underlying outright. One note, I want to be clear that the market trend has been strong to the upside lately and we have decent support, 1120 on the S&Ps, but the trend is bearish and with the headlines … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 06 Oct 2011 03:35 PM PDT

Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.7695, down 0.30% at time of writing.

The pair was likely to find support at 0.7470, Tuesday's low, and resistance at 0.7726, today's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.19% to hit 1.2653 and EUR/NZD rising 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Employment Report – Non-farm Payrolls, Unemployment Rate, US Wholesale Trade, Consumer Credit; BoJ Rate Decision, UK PPI, German Industrial Production

Posted: 06 Oct 2011 03:20 PM PDT

10/06/11 The September US jobs report will be in the spotlight on Friday. Following an unchanged August NFP number, September’s headline figure is expected to show a gain of approximately … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Truth About The Economy

Posted: 06 Oct 2011 02:46 PM PDT

The Truth About the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Closed Below Support Level.

Posted: 06 Oct 2011 02:38 PM PDT

usd/hkd closed below a daily wedge which signals a bearish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd On An Hourly Support

Posted: 06 Oct 2011 02:37 PM PDT

usd/hkd found support in this area after closing below a daily support … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Market Alerts For Friday Oct 07

Posted: 06 Oct 2011 02:25 PM PDT

( click to enlarge )

E Commerce China Dangdang Inc (DANG) broke above the key resistance zone at $5, signifying that a new short term uptrend is in place. Further rise is expected to $7.56 zone. Indicators are also showing signs of recovery. Near term support is now located at $4.98, as long as this level holds, I’d expect the uptrend to continue. Long-term investors may hold with a stop at $4.50. Let’s keep an eye on her as i think momentum will pick up.

( click to enlarge … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Capital Remains Neutral

Posted: 06 Oct 2011 02:05 PM PDT

We maintain our Neutral recommendation on American Capital Ltd. (NASDAQ:ACAS) as second-quarter 2011 earnings were in line with the Zacks Consensus Estimate. However, the results were ahead of the prior-year quarter's earnings.
In August, American Capital reported second-quarter 2011 operating earnings of 20 cents per share, in line with the Zacks Consensus Estimate. The results were ahead of the prior-year quarter's earnings of 9 cents per share. The favorable outcome was attributable to a drop … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IsoRay’s Cesium-131 Reaches Milestone

Posted: 06 Oct 2011 02:05 PM PDT

Medical isotope maker IsoRay Inc (ISR) recently announced the world's first successful treatment of metastasized brain cancer using its proprietary Cesium-131 internal radiation therapy (brachytherapy). Surgeons at New York Presbyterian Hospital/Weill Cornell Medical Center performed the treatment, representing a major milestone for the Washington-based company. Metastasized cancers are cancers, which originate in other organs.
The surgeons directly implanted the Cesium-131 seeds into a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Jumps 183 Points, ECB Willing To Extend Loans, And Tech World Mourns The Loss Of Steve Jobs

Posted: 06 Oct 2011 09:00 AM PDT

10/05/11 NYFP’s Closing Bell Market Monitor: The Dow Jones posted another rally this session led by EU banking confidence while the world mourns the loss of Apple co-founder Steve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up At The End Of U.S. Session

Posted: 06 Oct 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.

EUR/USD was trading at 1.3435, up 0.64% at time of writing.

The pair was likely to find support at 1.3147, Tuesday's low, and resistance at 1.3451, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pipeline Progress At Alnylam

Posted: 06 Oct 2011 01:35 PM PDT

Recently, Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) announced the commencement of an early-stage stage study (n~32) of its RNAi (RNA (Ribo Nucleic Acid) interference) therapeutic program ALN-PCS for treating patients suffering from hypercholesterolemia.
Hypercholesterolemia indicates a situation where the cholesterol levels in the blood are higher than normal.
The randomized, single-blind, placebo-controlled, single-ascending dose study intends to evaluate the safety and tolerability of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Markets Close Higher; Dow Jones Up 1.68%

Posted: 06 Oct 2011 01:15 PM PDT

Forexpros – U.S. stocks were up after the closing bell on Thursday.

At the close of U.S. trade, the Dow Jones Industrial Average rose 1.68%, the S&P 500 index gained 1.83%, while the Nasdaq 100 index climbed 1.61%.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised up from 391K.

Analysts had expected Initial Jobless Claims to rise to 411K last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apartment Vacancy Rate Plunging

Posted: 06 Oct 2011 01:10 PM PDT

The Real Estate Data firm Reis announced this morning that the apartment vacancy rate fell to 5.6% in the third quarter, down from 6.0% in the second quarter and 7.1% a year ago. The rate peaked in the fourth quarter of 2009 at 8.0%.

This is a hopeful sign about the recovery of the housing market. First, some of the excess inventory in the rental market is being cleared up, and then later, the excess inventory in the for sale market will start to be absorbed.

It is not clear, though, from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Marriott Beats On EPS And Revenue

Posted: 06 Oct 2011 01:05 PM PDT

Marriott International Inc. (NYSE:MAR) reported third quarter 2011 earnings of 29 cents per share up 32% year over year. Earnings were also within the company's guided range of 25 cents to 29 cents.
However, after accounting for other non cash charges of 73 cents the company reported a loss of 52 cents a share, reversing a year-ago profit of 23 cents a share.
The year-over-year results improved based on the company's strong revenue per available room. Total revenue aggregated $2.97 billion, up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CAG Stays Neutral

Posted: 06 Oct 2011 01:05 PM PDT

We currently maintain our Neutral recommendation on ConAgra Foods Inc. (NYSE:CAG).
ConAgra Foods has been significantly expanding its portfolio of businesses over a number of years (focusing on branded, value-added foods) through acquisition of a number of brands while widening its existing product line. This strategy of expansion is expected to boost profit margins and improve returns on capital over the coming quarters.
During the first quarter of 2012, the company's net sales improved 9.5% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

October Signals From The Sector Rotation Model

Posted: 06 Oct 2011 01:01 PM PDT

What is the broader Sector Rotation Model saying about the current state of the stock market?
Let's take a look from two perspectives:  January to October (year to date) and then from the May 2011 peak to present.
First, the longer-term year-to-date Sector (ETF) performance:

Before we look at the current picture, feel free to take a moment to view my prior update on the Sector Rotation Model from July 2011 which forecast market weakness ahead of the August plunge.
Actually, my May 2011 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The U.S. Session

Posted: 06 Oct 2011 12:55 PM PDT

Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.

GBP/USD was trading at 1.5456, down 0.04% at time of writing.

The pair was likely to find support at 1.5272, today's low, and resistance at 1.5584, Monday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Johnson To Build New Plant In China

Posted: 06 Oct 2011 12:35 PM PDT

Johnson Controls Inc. (NYSE:JCI) plans to build an automotive battery plant in China by investing $100 million.
It will produce start-stop batteries and cater to global and local automakers in Asia. It is expected to begin production in early 2013.
The Start-Stop system is an emerging technology that saves power/fuel in battery/gasoline powered vehicles. The Start-Stop technology automatically shuts down and restarts the internal combustion engine when the driver engages the clutch or releases the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Down In U.S. Trading Hours

Posted: 06 Oct 2011 12:30 PM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Thursday after the release of U.S. data on Initial Jobless Claims.

USD/CHF was trading at 0.9214, down 0.19% at time of writing.

The pair was likely to find support at 0.9078, Monday's low, and resistance at 0.9316, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down In U.S. Trade

Posted: 06 Oct 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.

USD/CAD was trading at 1.0390, down 0.15% at time of writing.

The pair was likely to find support at 1.0371, today's low, and resistance at 1.0657, Tuesday's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up In U.S. Trading Hours

Posted: 06 Oct 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 Initial Jobless Claims.

EUR/USD was trading at 1.3441, up 0.69% at time of writing.

The pair was likely to find support at 1.3147, Tuesday's low, and resistance at 1.3450, today's high.

Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Intermodal Rail Traffic Highest In Four Years

Posted: 06 Oct 2011 11:04 AM PDT

“The American Association of Railroads today reported gains in weekly rail traffic, with U.S. railroads originating 312,170 carloads for the week ending Oct. 1, 2011 (week 39), up 4.7% compared with the same week last year. Intermodal volume for the week totaled 250,864 trailers and containers, up 4.4% compared with the same week last year. This week's U.S. carload volume is highest since Week 45 of 2008, and the intermodal volume is the highest since Week 39 of 2007.”

MP: These ongoing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Investing Greats: Benjamin Graham’s Valuation Formula For Growth Stocks

Posted: 06 Oct 2011 09:57 AM PDT

Those of you grappling with perhaps the most difficult investing challenge of all, valuation, might be interested to know of a simple formula Benjamin Graham articulated in quot;The Intelligent Investorquot; for the valuation of growth stocks. In his words: "Our study of the various methods has led us to suggest a foreshortened and quite simple formula for the evaluation of growth stocks, which is intended to produce figures fairly close to those resulting from the more refined mathematical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Market Instinct Helps Animalcare Outperform

Posted: 06 Oct 2011 06:58 AM PDT

Like many small cap stocks on the Alternative Investment Market, shares in vet supplies and pet care group Animalcare (LON:ANCR) were hit hard by the impact of volatile investor sentiment this summer. Nevertheless, the stock has since rebounded and with news of a strong performance last year, chief executive Stephen Wildridge is confident that the company can continue to outperform its peers in the coming 12 months.

Animalcare splits its operations into three divisions – Licensed Veterinary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, October 7, 2011

Posted: 06 Oct 2011 06:04 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, October 7, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.88
+ 5.44
9.29
10.00

Neutral

AXP – American Express Company
44.43
+ 2.35
43.28
46.14

Neutral

BA – Boeing Co
61.48
+ 2.54
59.63
61.60

Neutral

BAC – Bank of America Corporation
6.28
+ 8.84
5.78
6.36

Neutral

CAT – Caterpillar Inc
77.09
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, October 7, 2011

Posted: 06 Oct 2011 06:04 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, October 7, 2011

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
109.45
− 0.16
109.81
109.97

Bearish

BND – Vanguard Total Bond Market ETF
83.26
− 0.06
83.49
83.72

Bearish

DBC – DB Commodity Index Tracking Fd
26.47
+ 2.08
25.86
26.26

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, October 7, 2011

Posted: 06 Oct 2011 06:04 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, October 7, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
0.9747
+ 0.93
0.9610
0.9755

Neutral

EURUSD – Euro / US Dollar
1.3437
+ 0.69
1.3332
1.3480

Neutral

GBPUSD – British Pound / US Dollar
1.5443
− 0.11
1.5432
1.5577

Neutral

USDCAD – US Dollar / Canadian Dollar
1.0373
− 0.31
1.0475
1.0380

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, October 7, 2011

Posted: 06 Oct 2011 06:04 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, October 7, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1157.50
+ 1.98
1126.00
1145.83

Bullish

Dow Jones – Dec YMZ1
11046
+ 1.94
10782
10938

Bullish

Nasdaq – Dec NQZ1
2204.75
+ 1.72
2145.14
2180.67

Bullish

Russell – Dec TFZ1
669.80
+ 2.60
646.99
657.23

Bullish

INTEREST RATES

US T-Bond – Dec ZBZ1
142-14
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update

Posted: 06 Oct 2011 06:04 AM PDT

By ForexMansion.com
by, James A. Hyerczyk
Just when it looked as if the FTSE 100 was going to stop short of breaking out to the upside because of two former tops at 5314.30 and 5377.40, the index had a late session surge, taking the market through the former resistance point and setting up the market for further upside action on Friday. With momentum clearly on the rise, it looks as if short-traders are aggressively covering their positions while bullish traders are buying strength for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Unleaded Gas

Posted: 06 Oct 2011 02:02 AM PDT

By ForexMansion.com
By Jonah S. Ford
Recovering share prices, political protests in Saudi Arabia, and a drop in US Crude Oil inventories all served to create an updraft in the Unleaded Gas Index this week. As the fundamental backdrop lent support to the market, the technical picture improved rapidly as far as near term forecasts are concerned.

Unleaded pushed through the $3.85 per gallon resistance after a sharp sell-off early in the week, with the current reversal signaling a breakout from a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment