Sunday, November 13, 2011

DailyMarkets.com - Filmmaker Michael Moore’s $2m Torch Lake Vacation Mansion In A 99% White Community

DailyMarkets.com - Filmmaker Michael Moore’s $2m Torch Lake Vacation Mansion In A 99% White Community

Filmmaker Michael Moore’s $2m Torch Lake Vacation Mansion In A 99% White Community

Posted: 13 Nov 2011 04:48 PM PST

Michael Moore’s $2 Million Michigan Vacation Mansion

Michael Moore: “Capitalism did nothing for me.  The system is not set up to help somebody from the working class.”

Andrew Breitbart: “Left-wing filmmaker Michael Moore has been touring Occupy Wall Street demonstrations across the country urging activists to continue their fight against the wealthy "one percent" of Americans.

According to public tax records, Moore owns a massive vacation home on Torch Lake, Michigan–one of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up In Asian Trading Hours

Posted: 13 Nov 2011 04:45 PM PST

Forexpros – The British Pound was higher against the Japanese Yen on Monday after the release of Japanese data on GDP.

GBP/JPY was trading at 124.03, up 0.08% at time of writing.

The pair was likely to find support at 122.98, Friday's low, and resistance at 125.17, Wednesday's high.

Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter.

Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Finds Bid @ 61.8%

Posted: 13 Nov 2011 04:35 PM PST

Looking at the chart below we see the pair has moved off the developing trendline resistance and has traded down to what was once trendline resistance and where will look for support in addition to the 61.8% retracement of the November move. The move lower on Friday was driven by the risk bid in the market spurred by developments out of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDHKD Double Top – Re-enters Channel

Posted: 13 Nov 2011 04:35 PM PST

After trading north of the developing November channel below, the USDHKD pair made a short-term double top and then traded back into the channel moving below the 4-200hr moving average where it currently sits on the 38.2% retracement of the move late last week. The pair could test 4-100hr and trendline support if we continue to risk gain a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Starting To Creep Below The 200 Mv

Posted: 13 Nov 2011 04:35 PM PST

The usd/hkd is starting to trade below the 200 bar moving average in this 4 hour chart giving a signal that there might be more of a pull back on this recent really … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Again Finds Support At The 6.3480 Area

Posted: 13 Nov 2011 04:35 PM PST

usd/cnh again finds support at the 6.3480 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDCNH Little Changed Above Support

Posted: 13 Nov 2011 04:35 PM PST

Examining the USDCNH pair ahead of the Yuan peg this morning, the pair continues to trade off the same support level the last few sessions, not dipping back to the tier that could take it the late August early September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Finds Support On This Trend-line

Posted: 13 Nov 2011 04:35 PM PST

usd/sgd finds support on this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up On Economic Data

Posted: 13 Nov 2011 04:10 PM PST

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on GDP.

USD/JPY was trading at 77.17, up 0.04% at time of writing.

The pair was likely to find support at 77.05, Friday's low, and resistance at 77.89, Wednesday's high.

Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter.

Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japan’s GDP Rises

Posted: 13 Nov 2011 04:05 PM PST

Forexpros – Japanese gross domestic product rose in the last quarter, preliminary official data showed on Sunday.

In a report, Cabinet Office said that Japan's GDP rose to a seasonally adjusted 1.5%, from -0.5% in the preceding quarter.

Analysts had expected Japan's GDP to rise 1.5% in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Up During The Asian Session

Posted: 13 Nov 2011 04:05 PM PST

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Monday after the release of N.Z. data on Core Retail Sales.

NZD/USD was trading at 0.7900, up 0.58% at time of writing.

The pair was likely to find support at 0.7733, Thursday's low, and resistance at 0.7988, Wednesday's high.

Earlier in the day, official data showed that Core retail sales in New Zealand rose more-than-expected to a seasonally adjusted 2.4% last month from 1.1% in the preceding month whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up In Asian Trade

Posted: 13 Nov 2011 03:25 PM PST

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Sunday.

USD/JPY was trading at 77.18, up 0.05% at time of writing.

The pair was likely to find support at 77.05, Friday's low, and resistance at 78.09, Tuesday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.25% to hit 1.3785 and GBP/USD rising 0.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Up During The Asian Session

Posted: 13 Nov 2011 03:25 PM PST

Forexpros – The Euro was higher against the U.S. Dollar on Sunday.

EUR/USD was trading at 1.3785, up 0.25% at time of writing.

The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3859, Wednesday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.19% to hit 0.8576 and EUR/JPY rising 0.31% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Up On Economic Data

Posted: 13 Nov 2011 02:35 PM PST

Forexpros – The New Zealand Dollar was higher against the U.S. Dollar on Sunday after the release of N.Z. data on Core Retail Sales.

NZD/USD was trading at 0.7896, up 0.53% at time of writing.

The pair was likely to find support at 0.7733, Thursday's low, and resistance at 0.7991, Tuesday's high.

Earlier in the day, official data showed that Core retail sales in New Zealand rose more-than-expected to a seasonally adjusted 2.4% last month from 1.1% in the preceding month whose figure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

N.Z. Core Retail Sales Rise More-than-expected

Posted: 13 Nov 2011 01:55 PM PST

Forexpros – Core retail sales in New Zealand rose more-than-expected last month, official data showed on Sunday.

In a report, Statistics New Zealand said that N.Z. core retail sales rose to a seasonally adjusted 2.4%, from 1.0% in the preceding month.

Analysts had expected N.Z. core retail sales to rise 0.7% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Final Market Rally Up Before The Big Leg Down Is Near An End

Posted: 13 Nov 2011 11:55 AM PST

David Banister- www.MarketTrendForecast.com
Back on October 3rd, I penned a public article forecasting a major low in the SP 500 to occur around 1088.  The SP 500 had been declining from the 1370 highs this May and was in the 1130's and nearing its final descent in a corrective pattern.  The next day, the market bottomed intra-day at 1074 and closed north of 1100.  Since that time, we have rallied impressively to a high of 1292, with a strong pullback to 1215, and now what I … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly ASX Update: Macmahon Holdings Limited (MAH.AX)

Posted: 13 Nov 2011 04:02 AM PST

By ForexMansion.com
by, James A. Hyerczyk
A late session surge in Macmahon Holdings Limited (MAH.AX) triggered a breakout over the resistance line of a falling wedge chart pattern on the 240-minute chart. The move signals the start of a possible rally into the Autochartist forecast zone at .59 to .60.

The overall quality of the chart pattern is a below average 4-bars. The initial trend which measures the strength of the trend prior to the chart pattern's formation is a well-below average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Index Update: E-mini Dow ($5) Futures

Posted: 13 Nov 2011 04:02 AM PST

By ForexMansion.com
By: James A. Hyerczyk
A late session surge sent the E-mini Dow Futures contract sharply higher, taking out the resistance line of a triangle chart pattern on the 240-minute chart. In addition to taking out the resistance line, the strong close has put the market in a position to breakout above a pair of swing tops near 12160.00 and 12221.00. This action should trigger an acceleration to the upside.

The overall quality rating is a solid 7-bars. The initial trend indicator … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Italy 40 (IT40

Posted: 13 Nov 2011 04:02 AM PST

By ForexMansion.com
by, James A. Hyerczyk
After building an elongated support base, the Italy 40 (IT40) index CFD finally broke out over the downtrending resistance line belonging to a triangle chart pattern on the 240-minute chart. Although there is one more barrier to overcome, there appears to be enough upside momentum to drive this market into the Autochartist forecast zone within a reasonable time period.

The overall quality rating is an above average 6-bars. The initial trend which was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update

Posted: 13 Nov 2011 04:02 AM PST

By ForexMansion.com
by, James A. Hyerczyk
The FTSE index closed slightly higher for the week, but inside of the previous week's range. This pattern typically indicates impending volatility. The strong comeback late in the week was impressive as it regained most of the huge loss from an extremely bearish session earlier in the week. The only problem is the volume was smaller on the up days than it was on the down day. This is an indication of short-covering rather than new buying.

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

Daily Commodities Update: Natural Gas

Posted: 13 Nov 2011 01:03 AM PST

By ForexMansion.com
By Jonah S. Ford
Natural Gas futures slipped further into bear market territory on Friday after a breach of key horizontal support brought on another spate of selling. The key level identified by the Autochartist platform shows the selloff began after the market failed to hold the $3.68 per million BTU level.

The steep drop from the key level confirmed the weakness indicated in the longer term Channel Down chart pattern identified on the 240-minute time interval. The rapid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weekly Commodities Update: Silver

Posted: 13 Nov 2011 01:03 AM PST

By ForexMansion.com
By Jonah S. Ford
Silver futures crept higher last week to complete a retracement back to a long term key resistance level. Autochartist has introduced Key Level pattern identification into its automated platform this week, illustrating the horizontal resistance level on the silver chart is coinciding with Friday's closing price near $34.70 per ounce.  

In addition to the current consolidation area marking a key resistance level, the swing high also completed the most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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