DailyMarkets.com - Forex Trading: USDSGD Breaks Above Channel & Finds New Resistance

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• Forex Trading: USDSGD Breaks Above Channel & Finds New Resistance
• Forex Trading: Usd/hkd Showing Another Candle Stick Lower.
• Forex Trading: USDCNH Continuing Lower
• Japan’s Retail Sales Fall More-than-expected
• Oil Quiz
• Forex – EUR/USD Declines In Early Asian Trade
• Forex Trading: Usd/sgd Weekly Trendline Continue To Provide Support.
• Nokia Unveils Lumia Smartphones
• Hot Option Plays: Grind!
• US GDP, Pending Home Sales, Initial Jobless Claims; Earnings – Aetna, AMD, Bristol-Myers, ExxonMobil, P&G, Motorola Mobility, Motorola Solutions, Time Warner Cable; BOJ Rate Decision, Euro-Zone Business Climate
• Forex – NZD/USD Down On Economic Data
• Stocks Watchlist For Thursday, October 27th
• AEP Beats EPS, Sales Slip
• Meredith Beats Estimates
• Resilient Lockheed Beats Estimates
• Consumers Are Spending More
• Cantel Medical Hikes Dividend
• Dow Rallies 162 Points On Talks Of China Possibly Buying EFSF Issued Bonds
• Forex – EUR/USD Up At The End Of U.S. Session
• Autodesk Acquires MAP
• Forex – USD/JPY Up Toward The End Of U.S. Session
• Face To Face: Polcari – Schoenberger
• Reshoring: Outsourcing To China Goes Into Reverse
• Range Beats Estimate, Ups Guidance
• Forex – EUR/USD Down Toward The End Of U.S. Session
• Bemis Hurt By Lower Volumes
• Natural Gas Brings A Renaissance In Chemical Manufacturing And Maybe 35,000 Jobs To LA
• U.S. Markets Mixed At Close; Dow Jones Up 1.39%
• New Home Sales Top Expectations
• Allegheny Misses On Top, Beats On Bottom
• Praxair Beats 3Q Estimates
• Forex – GBP/USD Down During The U.S. Session
• Broadcom Misses, Shares Decline
• Prologis Surpasses Estimates
• Tough Quarter For Hospira
• Forex – USD/CHF Up In U.S. Trading Hours
• Nabors Beats On Canada, Offshore
• Northrop Beats EPS, Misses Top Line
• Snapple Profits Up, Outlook Same
• Thermo Fisher Meets, But Lowers Outlook
• NASDAQ Poses Strong YoY Growth
• Allergan Beats By A Penny
• Forex – USD/CAD Down In U.S. Trade
• Hess Fails To Meet Consensus
• Forex – EUR/USD Down In U.S. Trading Hours
• Forex – AUD/USD Down In U.S. Trade
• More Research Showing Nat Gas Cleaner Than Coal
• The Trend Trader For Futures Trading On Thursday, October 27, 2011
• The Trend Trader For Forex Trading On Thursday, October 27, 2011
• The Trend Trader For ETF Trading On Thursday, October 27, 2011
• The Trend Trader For Stock Trading On Thursday, October 27, 2011
• Daily Indices Update: Swiss 20 (SWI20)
• Daily Commodities Update: Live Cattle
• Happy Diwali

Forex Trading: USDSGD Breaks Above Channel & Finds New Resistance Posted: 26 Oct 2011 05:35 PM PDT The USDSGD channel we have been examining for the last few weeks has finally failed us as the pair broke through the topside resistance on the USD move earlier in NY. The pair has however now found some technical resistance at the 4-200hr moving average where it quickly traded lower after contact. The moving averages are about to turn negative with the 4-100hr quickly dropping toward the 4-200hr. A re-entry into the channel on a risk bid should be met with support at ~ 1.2570 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Showing Another Candle Stick Lower. Posted: 26 Oct 2011 05:35 PM PDT usd/hkd showing another candle stick lower giving the signal that the usd/hkd is heavy and looking to go … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCNH Continuing Lower Posted: 26 Oct 2011 05:35 PM PDT The USDCNH pair has seen the Renminbi continue appreciate as the Wests situation deteriorates with possible QE3 in the US and the mess in Europe remaining in flux with mixed headlines streaming seemingly hourly. On the chart below we saw the USD was able to rebound against the Renminbi after a quick move lower off what use to be trendline resistance but has acted as support since being broken to the topside in late … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s Retail Sales Fall More-than-expected Posted: 26 Oct 2011 05:00 PM PDT Forexpros – Japanese retail sales fell more-than-expected last month, official data showed on Wednesday. In a report, the Ministry of Economy Trade and Industry said that retail sales fell to a seasonally adjusted annual rate of -1.2%, from -2.6% in the preceding month. Analysts had expected retail sales to fall at annual rate of -0.1% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Quiz Posted: 26 Oct 2011 04:43 PM PDT 1. ExxonMobil produces 2 million barrels of oil per day of worldwide.  In addition to its own production, Exxon also purchases crude oil at the market rate for its global refining network.  How much oil does Exxon buy every day at the prevailing market rate? a. 500,000 barrels b. 1 million barrels c. 3 million barrels d. 5 million barrels 2. Local, state and federal gasoline taxes average roughly 49 cents per gallon nationally, and are as high as 67 cents per gallon in California and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Declines In Early Asian Trade Posted: 26 Oct 2011 04:34 PM PDT Forexpros – Forexpros – The euro moved lower against the U.S. dollar in Asian trade Thursday, after European leaders announced they had reached agreement on a broad strategy to tackle the region's debt crisis but offered few details of the plan. EUR/USD hit 1.3880 in early Asian trade, the pair's lowest since Wednesday; the pair subsequently consolidated at 1.3874, falling 0.23%. The pair was likely to find support at 1.3657, last Thursday's low, and resistance at 1.4288, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Weekly Trendline Continue To Provide Support. Posted: 26 Oct 2011 04:32 PM PDT usd/sgd weekly trendline continue to provide … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nokia Unveils Lumia Smartphones Posted: 26 Oct 2011 03:58 PM PDT 10/26/2011 Nokia announced the Lumia 800 and 710 smartphones. The Lumia devices are based on Windows 7 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Grind! Posted: 26 Oct 2011 03:33 PM PDT Cusick’s Corner Neutral – that’s the gear that best describes the action in the market over the last two sessions. With the gridlock in the EU continuing, the market is just not ready to commit but one plus is that the Volatility in the market has pulled back, VIX-7.32% and under 30 for only the 3rd time this month. I am not ready to commit much capital with conviction unless it is a small intraday scalp or scaled spread position in an underlying in which I have a strong directional sentiment. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US GDP, Pending Home Sales, Initial Jobless Claims; Earnings – Aetna, AMD, Bristol-Myers, ExxonMobil, P&G, Motorola Mobility, Motorola Solutions, Time Warner Cable; BOJ Rate Decision, Euro-Zone Business Climate Posted: 26 Oct 2011 03:20 PM PDT 10/26/11 The Euro-Zone will remain in focus, as headlines from the region drive market sentiment. US GDP and earnings reports will also be closely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down On Economic Data Posted: 26 Oct 2011 03:10 PM PDT Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Wednesday after the release of N.Z. data on Trade Balance. NZD/USD was trading at 0.8004, down 0.11% at time of writing. The pair was likely to find support at 0.7901, Friday's low, and resistance at 0.8109, Monday's high. Earlier in the day, data showed that New Zealand's trade balance fell more-than-expected to a seasonally adjusted -751M last month from -641M in the preceding month. Analysts had expected the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Watchlist For Thursday, October 27th Posted: 26 Oct 2011 02:32 PM PDT ( click to enlarge ) Nice runner from Tuesday’s buy list. Rubicon Technology, Inc. (NASDAQ:RBCN) traded nicely on Wednesday and I'm looking for continuation of the upward direction tomorrow. RBCN is a short squeeze candidate, with a short float at 30.20% equivalent to 13 days of average volume. From a technical standpoint, the chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above 20-day moving average. Positive MACD action. The RSI is also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AEP Beats EPS, Sales Slip Posted: 26 Oct 2011 02:30 PM PDT American Electric Power Co. Inc.  (NYSE:AEP) reported third quarter 2011 adjusted EPS of $1.17, beating the year-ago figure of $1.15 and the Zacks Consensus Estimate of $1.14. GAAP earnings during the quarter were $1.93 per share compared with $1.16 per share in the year-ago period. The difference between operating and GAAP earnings of 76 cents per share during the reported quarter was due to a gain of 88 cents resulting from a favorable Supreme Court decision, offset by a loss of 6 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meredith Beats Estimates Posted: 26 Oct 2011 02:15 PM PDT Meredith Corporation (NYSE:MDP) recently posted first-quarter 2012 results that exceeded the Zacks Consensus Estimate on the heels of modest demand for non-political advertising at its Local Media groups, increased readership and online traffic and effective cost management. The quarterly earnings of 48 cents per share outpaced the Zacks Consensus Estimate of 46 cents but fell 14.3% from 56 cents delivered in the prior-year quarter. Management expects earnings in the range of 65 cents to 70 cents … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Resilient Lockheed Beats Estimates Posted: 26 Oct 2011 02:15 PM PDT Before markets opened today, Lockheed Martin Corporation (NYSE:LMT) showed resilience, reporting strong third quarter fiscal 2011 operating earnings of $1.99. The quarter's results sailed past both the Zacks Consensus Estimate of $1.81 and year-ago earnings of $1.53. Earnings were burdened with charges related to workforce reduction. On a reported basis, the company posted EPS of $2.10, beating the year-ago level of $1.54. The variance of 11 cents between operating and reported earnings in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Consumers Are Spending More Posted: 26 Oct 2011 02:12 PM PDT …on alcohol to drink at home, reports Bloomberg in “Is ‘I Drink Alone’ This Recession’s Theme Song?: The Ticker”: According to Commerce Department data compiled by Bloomberg, U.S. spending on alcoholic beverages for off-premises consumption, adjusted for inflation, has gained nearly 13 percent since June 2009, and hit a record in August 2011. Now, that’s not necessarily bad news for anybody but bar and restaurant owners. But drinking at home is likely to be less of a social activity than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cantel Medical Hikes Dividend Posted: 26 Oct 2011 02:02 PM PDT The Board of leading infection prevention and control products maker Cantel Medical (NYSE:CMN) has approved a raise in the company's semi-annual cash dividend to 7 cents per share from 6 cents, representing a roughly 16.7% increase. This lifts Cantel's annual dividend to 14 cents per share from the current payout of 12 cents and equates to a yield of roughly 0.6%. The revised dividend is payable on January 31, 2012, to shareholders of record as on January 17, 2012. The dividend increase … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow Rallies 162 Points On Talks Of China Possibly Buying EFSF Issued Bonds Posted: 26 Oct 2011 09:00 AM PDT 10/26/11 NYFP’s Closing Bell: The Big Board rallied during a volatile trading session as reports of China possibly buying bonds issued by the EFSF. Meanwhile, Boeing soared on strong earnings and Amazon continued to … [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: 26 Oct 2011 01:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders. EUR/USD was trading at 1.3908, up 0.01% at time of writing. The pair was likely to find support at 1.3704, Friday's low, and resistance at 1.3975, today's high. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Autodesk Acquires MAP Posted: 26 Oct 2011 01:44 PM PDT Autodesk Inc. (NASDAQ:ADSK) has agreed to acquire Micro Application Packages Ltd. (MAP Software), provider of computer-aided design (CAD), computer-aided manufacturing (CAM) and estimating software that lends support to the mechanical, electrical and plumbing (MEP) industry. Terms and transactional details of the deal were not disclosed. U.K.-based Micro Application is a significant addition to Autodesk's Building Information System (BIM). Additionally, Micro Application software would develop and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up Toward The End Of U.S. Session Posted: 26 Oct 2011 01:40 PM PDT Forexpros – The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on New Home Sales. USD/JPY was trading at 76.25, up 0.20% at time of writing. The pair was likely to find support at 75.72, today's low, and resistance at 76.88, Friday's high. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 313K last month from 296K in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Face To Face: Polcari – Schoenberger Posted: 26 Oct 2011 01:30 PM PDT 10/26/11 ICAP’s Kenneth Polcari and BlackBay Group’s Todd Schoenberger weigh in on the EU debt crisis and US earning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reshoring: Outsourcing To China Goes Into Reverse Posted: 26 Oct 2011 01:29 PM PDT HAYWARD, CALIF. — “Housewares company Simple Wave LLC is moving production of its CaliBowls (pictured above) to the U.S. after two years of manufacturing in China.  The move from a contract manufacturer in China to injection molder Jatco Inc. in Union City, Calif., fits with Simple Wave's desire to have its bowl made in the U.S., and allows it more control over quality and delivery, said Meaghan Mott, vice president of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Range Beats Estimate, Ups Guidance Posted: 26 Oct 2011 01:27 PM PDT Range Resources Corp. (NYSE:RRC) has reported stellar third-quarter 2011 results, buoyed by higher production level and realized prices along with lower unit costs. The company posted adjusted earnings of 28 cents a share, beating the Zacks Consensus Estimate of 24 cents. Results also saw an almost two-fold growth from the year-earlier profit of 12 cents a share. Total revenue showed a 73.3% year-over-year improvement to $338.2 million. Operational Performance Production volume of 537.2 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 26 Oct 2011 01:25 PM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders. EUR/USD was trading at 1.3901, down 0.04% at time of writing. The pair was likely to find support at 1.3704, Friday's low, and resistance at 1.3975, today's high. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bemis Hurt By Lower Volumes Posted: 26 Oct 2011 01:18 PM PDT Bemis Company Inc. (NYSE:BMS) reported third quarter 2011 earnings of 56 cents per share, a penny below the year-ago quarter and missing the Zacks Consensus Estimate by 2 cents. Reported EPS was at the lower end of the management's guidance of EPS in the range of 56 cents to 61 cents. Unit volumes decreased in nearly every market category, adversely affected the company's financial performance during the quarter. Including charges related to acquisitions of 3 cents in the quarter and 1 cent in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Brings A Renaissance In Chemical Manufacturing And Maybe 35,000 Jobs To LA Posted: 26 Oct 2011 01:17 PM PDT WWL.COM — “Louisiana could see an influx of more than 35,000 jobs due to new access to vast, new supplies of natural gas from shale deposits, which could be one of the most dramatic domestic energy developments in the last 50 years, according to American Chemistry Council.   Louisiana has the second largest chemical industry in the nation, and shale gas is a critical component. “That really provides the opportunity for what will be a renaissance in chemical manufacturing in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Markets Mixed At Close; Dow Jones Up 1.39% Posted: 26 Oct 2011 01:15 PM PDT Forexpros – U.S. stocks were mixed after the closing bell on Wednesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 1.39%, the S&P 500 index gained 1.05%, while the Nasdaq 100 index declined 0.05%. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose figure was revised down from -0.1%. Analysts had expected Core durable goods orders to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Home Sales Top Expectations Posted: 26 Oct 2011 01:06 PM PDT New Home Sales rose by 5.7% in September from August, to a rate of 313,000. Relative to a year ago, sales are down 0.9%. While the monthly increase is more than welcome, it is still a very dismal rate of new home sales. There was a slight upward revision to the July numbers of 1,000 to 296,000. The September level was also better than the expected rate of 300,000. Regardless of the changes at the edges, this is still a very bad level. The 17 lowest months on record (back to 1963) for new home … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allegheny Misses On Top, Beats On Bottom Posted: 26 Oct 2011 01:06 PM PDT Allegheny Technologies Inc. (NYSE:ATI) reported an increase in profit to $70.6 million or 63 cents per share (excluding acquisition related expenses of $8.3 million, net of tax) in the third quarter of 2011 from $1.0 million or 1 cent per share in the same quarter of 2010. Results exceeded the Zacks Consensus Estimate of 61 cents per share. Sales in the quarter increased 28% to $1.35 billion, driven by higher shipments for most high-value products, higher raw material surcharges and increases in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Praxair Beats 3Q Estimates Posted: 26 Oct 2011 12:55 PM PDT Praxair Inc. (NYSE:PX) reported encouraging third quarter 2011 financial results with adjusted earnings per share (EPS) of $1.40 surpassing the Zacks Consensus Estimate by a penny. Adjusted EPS also rose 16% year over year and achieved the higher end of management's guided range of $1.35-$1.40. Revenue Total revenue in the quarter was $2,896 million, up 14.1% year over year and comprehensively beat the Zacks Consensus Estimate of $2,838 million. The year-over-year upside in revenue was driven by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down During The U.S. Session Posted: 26 Oct 2011 12:55 PM PDT Forexpros – The British Pound was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders. GBP/USD was trading at 1.5961, down 0.24% at time of writing. The pair was likely to find support at 1.5754, Friday's low, and resistance at 1.6042, today's high. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Broadcom Misses, Shares Decline Posted: 26 Oct 2011 12:50 PM PDT Broadcom Corporation (NASDAQ:BRCM) generated revenues of $1.96 billion in the third quarter of 2011, up 8.4% year over year. In terms of end-markets, the Broadband Communications revenue increased 2% sequentially, driven by solid sales from core set-top boxes partially offset by a decline in broadband modem business. The current generation of set-top box solutions is benefiting from a transition to digital broadcasting, growth in emerging markets where pay-TV subscribers could reach 0.5 billion by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Prologis Surpasses Estimates Posted: 26 Oct 2011 12:40 PM PDT Prologis Inc. (NYSE:PLD), one of the leading global providers of distribution facilities, reported third quarter 2011 fund from operations (FFO) of 45 cents per share compared with 48 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of real estate investment trusts (REITs), is obtained after adding depreciation and other non-cash expenses to net income. The erstwhile ProLogis was acquired by its rival AMB Property Corp and was renamed as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tough Quarter For Hospira Posted: 26 Oct 2011 12:35 PM PDT Hospira Inc.'s (NYSE:HSP) third quarter 2011 adjusted earnings of 66 cents per share fell short of the year-ago adjusted earnings by 8 cents. Earnings were in line with the Zacks Consensus Estimate. Earnings were hurt by the slowdown in production at the company's facility in Rocky Mountain, North Carolina. The Lake Forest, Illinois based company came up with revenues of $976.7 million in the reported quarter, missing the Zacks Consensus Estimate by $19.3 million. Revenues were however 2.9% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Up In U.S. Trading Hours Posted: 26 Oct 2011 12:30 PM PDT Forexpros – The U.S. Dollar was higher against the Swiss Franc on Wednesday after the release of U.S. data on New Home Sales. USD/CHF was trading at 0.8824, up 0.50% at time of writing. The pair was likely to find support at 0.8729, today's low, and resistance at 0.8952, Friday's high. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 313K last month from 296K in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nabors Beats On Canada, Offshore Posted: 26 Oct 2011 12:20 PM PDT Global land drilling contractor Nabors Industries Ltd. (NYSE:NBR) reported impressive third quarter 2011 results, backed by strong performances by the Canadian and Pressure Pumping units and lower interest expense. Earnings per share from continuous operations (excluding special items) came in at 44 cents, surpassing Zacks Consensus Estimate of 40 cents. Comparing year-over-year, results improved 51.7% from 29 cents earned in the year-ago quarter. Revenues of $1,659.3 million were above third … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Northrop Beats EPS, Misses Top Line Posted: 26 Oct 2011 12:20 PM PDT Los Angeles-based leading shipbuilder and defense contractor, Northrop Grumman Corporation (NYSE:NOC) reported third quarter 2011 adjusted earnings of $1.86 per share compared with $1.51 per share in the third quarter 2010. Northrop’s earnings easily exceeded the Zacks Consensus Estimate of $1.68 for the quarter. Despite top-line pressures, the earnings growth was driven by a combination of deft performance and share repurchases. The results reflect the spin-off of Huntington Ingalls Industries, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Snapple Profits Up, Outlook Same Posted: 26 Oct 2011 12:20 PM PDT Dr Pepper Snapple Group Inc. (NYSE:DPS) reported third-quarter 2011 earnings of 71 cents per share increases 18.3% from the year-ago earnings of 60 cents. However, quarterly earnings were in line with the Zacks Consensus Estimate. During the quarter, Dr Pepper’s net sales grew approximately 5.0% year over year to $1,529.0 million. However, it fell short of the Zacks Consensus Estimate of $1,531.0 million. The year-on-year growth was mainly attributable to price increases, favorable foreign … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Thermo Fisher Meets, But Lowers Outlook Posted: 26 Oct 2011 12:20 PM PDT Thermo Fisher Scientific (NYSE:TMO) reported an adjusted EPS of $1.07 cents in the third quarter of fiscal 2011, in line with the Zacks Consensus Estimate and higher than earnings of 87 cents in the third quarter of 2010. Revenues increased 13% year over year to reach $2.973 billion during the quarter, marginally missing the Zacks Consensus Estimate of $2.989 billion. The company completed the acquisition of Phadia in the third quarter, adding allergy and autoimmunity diagnostic tests and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NASDAQ Poses Strong YoY Growth Posted: 26 Oct 2011 12:20 PM PDT NASDAQ OMX Group Inc.'s (NASDAQ:NDAQ) third quarter 2011 operating earnings per share of 67 cents came in line with the Zacks Consensus Estimate of 67 cents but modestly ahead of 50 cents in the prior-year quarter. NASDAQ's GAAP net income came in at $110 million or 61 cents per share, surpassing $101 million or 50 cents in the year-ago quarter. Results in the reported quarter included $9 million (pre-tax) of debt extinguishment, merger and strategic initiatives along with $5 million of a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Allergan Beats By A Penny Posted: 26 Oct 2011 12:10 PM PDT Allergan, Inc.'s (NYSE:AGN) third quarter 2011 earnings of 92 cents per share was a penny above the Zacks Consensus Estimate and a few cents above the guidance range of 88-90 cents. Earnings increased 17.9% from the year-ago quarter. Revenues Revenues increased 9.9% to $1,328 million, in line with the Zacks Consensus Estimate. Specialty pharmaceuticals sales increased 10.1% to $1,089.7 million, with eye care pharmaceutical sales increasing 7.5%. Products like Lumigan and Restasis helped drive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Down In U.S. Trade Posted: 26 Oct 2011 12:10 PM PDT Forexpros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday after the release of U.S. data on New Home Sales. USD/CAD was trading at 1.0058, down 1.08% at time of writing. The pair was likely to find support at 0.9991, Tuesday's low, and resistance at 1.0212, Tuesday's high. Earlier in the day, official data showed that new home sales in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 313K last month from 296K in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hess Fails To Meet Consensus Posted: 26 Oct 2011 12:05 PM PDT Integrated oil company Hess Corporation (NYSE:HES) has reported adjusted third quarter 2011 earnings of $1.11 per share, which were below the Zacks Consensus Estimate of $1.40. The quarterly result was also below the adjusted year-earlier earnings of $1.31. The underperformance was mainly due to lower production realized in the reported quarter. Total revenue slid 2.5% year over year to $8,726 million in the quarter, and failed to meet the Zacks Consensus Estimate of $10,596 million. Operational … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In U.S. Trading Hours Posted: 26 Oct 2011 11:45 AM PDT Forexpros – The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders. EUR/USD was trading at 1.3903, down 0.03% at time of writing. The pair was likely to find support at 1.3704, Friday's low, and resistance at 1.3975, today's high. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose figure was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down In U.S. Trade Posted: 26 Oct 2011 11:15 AM PDT Forexpros – The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders. AUD/USD was trading at 1.0387, down 0.40% at time of writing. The pair was likely to find support at 1.0204, Friday's low, and resistance at 1.0501, Monday's high. Earlier in the day, official data showed that U.S. core durable goods orders rose more-than-expected to a seasonally adjusted 1.7% last month from -0.4% in the preceding month whose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Research Showing Nat Gas Cleaner Than Coal Posted: 26 Oct 2011 10:39 AM PDT Following up on this recent CD post about how the media has been giving much greater coverage to a Cornell University research report that found the environmental impact of natural gas to be more harmful than coal, and much less coverage to a report from Carnegie-Mellon University that came to the opposite conclusion: WASHINGTON – “Six months removed from the release of the paper from researcher-activists at Cornell attempting to argue that the production and consumption of coal was better … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Thursday, October 27, 2011 Posted: 26 Oct 2011 06:04 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Thursday, October 27, 2011 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Dec ESZ1 1237.50 + 1.06 1235.75 1219.08 Bullish Dow Jones – Dec YMZ1 11802 + 1.16 11759 11584 Bullish Nasdaq – Dec NQZ1 2326.50 + 0.20 2341.22 2324.75 Neutral Russell – Dec TFZ1 722.80 + 1.46 720.30 699.30 Bullish INTEREST RATES US T-Bond – Dec ZBZ1 138-25 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Thursday, October 27, 2011 Posted: 26 Oct 2011 06:04 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Thursday, October 27, 2011 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0399 − 0.27 1.0418 1.0289 Neutral EURUSD – Euro / US Dollar 1.3907 0.00 1.3900 1.3819 Bullish GBPUSD – British Pound / US Dollar 1.5974 − 0.16 1.5978 1.5851 Neutral USDCAD – US Dollar / Canadian Dollar 1.0037 − 1.26 1.0085 1.0125 Bearish USDCHF – US Dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Thursday, October 27, 2011 Posted: 26 Oct 2011 06:04 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Thursday, October 27, 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 109.50 − 0.27 109.49 109.35 Bullish BND – Vanguard Total Bond Market ETF 83.38 − 0.25 83.35 83.12 Bullish DBC – DB Commodity Index Tracking Fd 27.54 − 0.58 27.60 27.17 Neutral DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Thursday, October 27, 2011 Posted: 26 Oct 2011 06:04 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Thursday, October 27, 2011 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 10.36 + 2.17 10.36 10.04 Bullish AXP – American Express Company 50.45 + 2.08 49.79 47.21 Bullish BA – Boeing Co 66.56 + 4.46 65.13 63.52 Bullish BAC – Bank of America Corporation 6.59 + 2.01 6.58 6.45 Bullish CAT – Caterpillar Inc 91.57 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Swiss 20 (SWI20) Posted: 26 Oct 2011 06:04 AM PDT By ForexMansion.com by, James A. Hyerczyk A change in investor sentiment drove the Swiss 20 (SWI20) index CFD through the resistance line of a falling wedge chart pattern on the 30-minute chart. The action formed a completed pattern and sets up a potential rally into the Autochartist forecast zone at 5759.37 to 5800.49. The overall quality of this chart pattern is rated an average 5-bars. The initial trend which measures the strength of the trend prior to the pattern's formation is rated a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Live Cattle Posted: 26 Oct 2011 02:03 AM PDT By ForexMansion.com By Jonah S. Ford Live Cattle futures have begun an orderly decline from the top of a Channel Up chart pattern, identified by Autochartist and illustrated here on the 240-minute time interval. This pattern suggests a steady move lower to the bottom of the pattern may ensue as the week progresses. The Channel Up chart pattern is well formed and has so far contained the bulk of the latest uptrend in the cattle market. Strong Initial Trend and Uniformity readings give the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Happy Diwali Posted: 25 Oct 2011 10:00 PM PDT Indians around the world observe Diwali today, a five-day celebration of good over evil, light over darkness, and knowledge over ignorance. Schools, businesses and government offices are closed as families celebrate this festival of lights. This picture has been bouncing around online all day and there's some question regarding its legitimacy. We contacted NASA to get the real scoop but have not received verification. Real or an artistic representation, it's certainly a beautiful image of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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