Monday, November 14, 2011

DailyMarkets.com - Forex Trading: Usd/hkd 200 MV Holds In 4 Hour Charts.

DailyMarkets.com - Forex Trading: Usd/hkd 200 MV Holds In 4 Hour Charts.

Forex Trading: Usd/hkd 200 MV Holds In 4 Hour Charts.

Posted: 14 Nov 2011 05:37 PM PST

The 200 bar moving average holds for the usd/hkd and the pair moves … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Trend-line Holds

Posted: 14 Nov 2011 05:37 PM PST

usd/sgd trend-line holds for the currency pair after the breakout, signaling that this line might continue to provide support for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Still Continue To Be A Wedge

Posted: 14 Nov 2011 05:37 PM PST

usd/cnh still continue to wedge in this downward channel. If we can see a clear break, the pair should have a sharp move in that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDHKD Makes 3rd Top

Posted: 14 Nov 2011 05:37 PM PST

Reviewing the USDHKD chart from yesterday, we see from an hourly perspective the pair caught a bid at the 38.2% retracement and then made a 3rd top. A move back down could be met with support at the 100hr moving average and again the 38.2% retracement directly below that. A move higher would be a significant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

From ‘Made In China’ To ‘Bought In China’

Posted: 14 Nov 2011 05:03 PM PST

Fact of the day:

Boston Globe — “China is now the world's largest consumer in a number of categories, including beer, cigarettes, and — remarkably — cars. Some Western automakers have begun skipping US and European markets and debuting models in China … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Revisited

Posted: 14 Nov 2011 04:35 PM PST

Reviewing the USDSGD chart we presented yesterday, we see that the levels we had advertised at trendline support and the 61.8% retracement held and the pair rallied all the way back to toward trendline resistance. A break north through the top line could lead the pair higher toward the late September highs. Stay … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 14 Nov 2011 04:10 PM PST

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

EUR/USD was trading at 1.3627, down 0.05% at time of writing.

The pair was likely to find support at 1.3484, Thursday's low, and resistance at 1.3807, Monday's high.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.001% to hit 0.8570 and EUR/JPY rising 0.03% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Local Foods Sprout Into A Billion Dollar Business

Posted: 14 Nov 2011 03:58 PM PST

11/14/11 Locally grown food sales have burgeoned in the past two decades. The USDA estimates that the industry will rack up $7 billion in sales in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 14 Nov 2011 03:35 PM PST

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

NZD/USD was trading at 0.7770, down 0.44% 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.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.36% to hit 1.3123 and EUR/NZD rising 0.35% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Activision’s MW 3 Sets Record

Posted: 14 Nov 2011 03:30 PM PST

Activision Blizzard Inc.'s (NASDAQ:ATVI) release of Call of Duty:  Modern Warfare 3 has set the cash register ringing once again, as sales touched $400 million being on the very first day. According to Charttrack and retail customer sell-through information, the game has already sold 6.5 million units in North America and the U.K. alone on the first day of its release.
The fandom of Call of Duty franchise gets reflected in the huge pre-order demand and the reported sales figures, which met … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shell To Boost Malaysian Production

Posted: 14 Nov 2011 03:20 PM PST

Royal Dutch Shell plc (RDS.A) has entered into two production sharing contracts (PSCs) with the Malaysian state run company Petroliam Nasional Berhad or PETRONAS. Per the agreement, the companies will aim to boost the oil recovery techniques at projects offshore Sarawak and Sabah.
The Heads of Agreement (HOA) states that both contracts are valid for 30 years. Shell and its partner will also develop nine oil fields in the Baram Delta offshore Sarawak and four in the North Sabah development … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Retailers, Spanish Bond Yields In Focus

Posted: 14 Nov 2011 03:20 PM PST

11/14/11 Bond yields in Spain will be watched, after the 10-year rates soared on Monday. US retail sales, inflation figures, manufacturing and key earnings from retailers will also be in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Chipotle Asian Style

Posted: 14 Nov 2011 03:12 PM PST

Washington Post — “With more than 1,000 locations in North America and the United Kingdom, most of us are exceedingly familiar with Chipotle's colossal mountains of Mexican deliciousness. But at least for the foreseeable future, ShopHouse Southeast Asian Kitchen — the brand new brainchild of Chipotle CEO Steve Ells that just opened recently — has only one location: Dupont Circle (DC).

Chicken and pork meatballs, right, are one of the meat offerings at ShopHouse. The new fast-casual … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Citigroup Splits & Sells Off EMI

Posted: 14 Nov 2011 03:06 PM PST

On Friday, Citigroup Inc. (NYSE:C) split EMI Group Ltd., a British music company, and sold it for $4.1 billion. EMI's music and publishing businesses were separated and sold in two parts.
Citi agreed upon to sell EMI's recorded music division to Vivendi's Universal Music Group (UMG), the world's largest record company in terms of market share, for $1.9 billion (£1.2 billion). Moreover, the publishing division was sold to a group of investors led by Sony for $2.2 billion.
The deals are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reaffirming Endo Pharma At Neutral

Posted: 14 Nov 2011 02:55 PM PST

We are maintaining our Neutral stance on Endo Pharmaceuticals (NASDAQ:ENDP) with a target price of $34.00.
Endo Pharma is a specialty healthcare solutions company that operates in the US and reports results through three segments: Branded Pharmaceuticals, Generics and Devices and Services. Endo Pharma offers more than 175 products in the areas of pain management, urology and oncology.
In October 2011, Endo Pharma reported its third quarter 2011 results. Third quarter adjusted earnings of $1.25 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Concur Technologies

Posted: 14 Nov 2011 02:46 PM PST

Concur Technologies Inc. (NASDAQ:CNQR) is scheduled to report its fourth quarter and fiscal 2011 results on Tuesday November 15, 2011. The current Zacks Consensus Estimate for the quarter is 16 cents a share. For the quarter under review, revenue is $95 million, according to the Zacks Consensus Estimate.
Third-Quarter 2011, a Synopsis
Concur Technologies Inc. reported third-quarter fiscal 2011 earnings per share from continuing operations of $0.17, above the Zacks Consensus Estimate of $0.10. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Watchlist For Tuesday, Nov 15

Posted: 14 Nov 2011 02:43 PM PST

  ( click to enlarge )

As you can see, Apple Inc. (NASDAQ:AAPL) remains inside of its rising channel on the daily chart. If the stock holds the support, we are likely to see a nice rally as the shorts become squeezed. 

  ( click to enlarge )

Career Education (CECO) surged 7.27% today to $8.21 after the company announced plans to sell Istituto Marangoni to an investor group for between $17 to $20 million and, separately, the firm's Board authorized the repurchase of up to $100 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Sellers Were In Control

Posted: 14 Nov 2011 02:37 PM PST

Cusick’s Corner
Sellers were in control for most of the session, taking us to critical lows, 1242 on the S&Ps, but never mustering the strength to wind out the longs in spite of the headlines out of the EU, the ESM/EFSF. The Euro Currency, FXE, showed late day strength and the Dollar, UUP, pulled back in the later part of the afternoon session, allowing the bulls to breathe. The real issue at this stage is not can the bid hold (it has proven that) but rather what will be the potential … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BioScrip Stays Neutral

Posted: 14 Nov 2011 02:30 PM PST

We maintain our Neutral recommendation on BioScrip Inc. (NASDAQ:BIOS) with a target price of $5.50.
BioScrip reported EPS of 1 cent in the third quarter of fiscal 2011, down 75% year over year. However, after deducting the impact of restructuring charges, severance and other employee costs, adjusted EPS came in at 10 cents during the quarter, beating the Zacks Consensus Estimate by a penny.
After delivering a few disappointing quarters, impacted by pricing concessions on various specialty drugs, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Guess The Shill(s) — Part Deux

Posted: 14 Nov 2011 02:24 PM PST

Along the lines of what I discussed on Friday, here are two reports from the Wall Street Journal’s online edition citing analysts with decidedly different views on the outlook for the U.S. economy:
“Economists See Smaller Chance of U.S. Recession”
The chance of a recession has fallen in the U.S., according to economists in the latest Wall Street Journal forecasting survey, but a middling expansion could be derailed by events taking shape in Europe.
The 52 economists surveyed in November—not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sense On Cents Calls Out Congress To Pass H.R. 1148 Outlawing Insider Trading

Posted: 14 Nov 2011 02:23 PM PST

Why does it take an expose on 60 Minutes to create a stir in Washington on legislation which never should have to be written if our Congressmen had some principles and a conscience?
Well, perhaps basic values and principles are too too much to ask or expect of those in Congress. So how might we get Congress to move forward on H.R. 1148: Stop Trading on Congressional Knowledge Act?
What does this act do? It's quite simple.

To prohibit commodities and securities trading based on nonpublic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SurModics Upped To Outperform

Posted: 14 Nov 2011 02:20 PM PST

We recently upgraded SurModics Inc. (NASDAQ:SRDX) to Outperform from Neutral following its impressive showing in the fourth quarter of fiscal 2011 (ended September 30, 2011).
Adjusted earnings in the final quarter of fiscal 2011 came in at $0.06 per share, as opposed to the year-ago loss of $0.05. The impressive performance in the fourth quarter of fiscal 2011 was primarily attributable to higher revenues. Adjusted revenues climbed 10.3% year over year to $17.1 million. (Read our full coverage of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coverage Initiated On Reliance Steel

Posted: 14 Nov 2011 02:12 PM PST

We initiated coverage on Reliance Steel & Aluminum Company (NYSE:RS) with an Outperform rating, reporting strong net income of $84.9 million or $1.13 per share in the third quarter of 2011 versus $48.7 million or $0.65 in the prior-year quarter, exceeding the Zacks Consensus Estimate of $1.11.
During the third quarter of 2011, sales were $2.14 billion, up 29% year over year. The company sold 1.08 million tons of metal, up 13% year over year and the average price per ton sold was up 16% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A New Week, Another Dow Loss

Posted: 14 Nov 2011 09:00 AM PST

11/14/11 NYFP’s Closing Bell Report: The Dow Jones started the new trading week on the downside following continued eurozone debt crisis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Loss Increases At Medivation

Posted: 14 Nov 2011 01:58 PM PST

Medivation Inc. (NASDAQ:MDVN) reported a loss of 29 cents per share in the third quarter of 2011, narrower than the Zacks Consensus loss Estimate of 32 cents but well above the year-ago loss of 16 cents.
Higher expenses led to the higher loss. Revenues for the quarter were $14.9 million, 4.1% above the year-ago period but below the Zacks Consensus Estimate of $16 million.
The Quarter in Detail
Revenues consisted of partial recognition of the non-refundable upfront payment of $225 million received … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 14 Nov 2011 01:55 PM PST

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

EUR/USD was trading at 1.3632, down 0.87% 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 down against the Japanese Yen, with EUR/GBP gaining 0.12% to hit 0.8570 and EUR/JPY falling 0.93% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Intuit

Posted: 14 Nov 2011 01:50 PM PST

While earnings season is drawing to a close, there are still some tech majors like Dell Inc. (NASDAQ:DELL) and Hewlett-Packard Company (NYSE:HPQ) that will report later this month. However a comparatively smaller company Intuit Inc. (NASDAQ:INTU) with a market capitalization of just $16.25 billion will be reporting its first quarter fiscal 2012 results on November 17.
Fourth Quarter Overview
The company had a bad fourth quarter, with adjusted loss of 11 cents per share, wider than the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BofA Calls Off Overdraft Fee Again

Posted: 14 Nov 2011 01:36 PM PST

On Thursday, Boston Globe reported that Bank of America Corporation (NYSE:BAC) has decided to scrap its planned overdraft protection fees, slated for introduction early next year. Announced in May, the plan has been called off for reasons undisclosed.
This is the second time that BofA has canceled its plan to charge fees for the overdraft facilities. Last week, after receiving bitter responses from consumers and lawmakers, the company discarded its plan to charge a $5 monthly fee on debit card … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Alcoa: New Aluminum Bus Design

Posted: 14 Nov 2011 01:36 PM PST

The aluminum products manufacturer Alcoa Inc. (NYSE:AA) declared that it has created a new all-aluminum bus design and space frame for BYD, reducing the body weight of the new BYD electric bus by around 1 ton or 40%, when compared to steel components.
Alcoa has not only decreased the bus body weight but also has cut down the overall weight of the bus by 1.2 ton by using its Huck Spin fasteners and Alcoa forged wheels. The reduction in overall weight will increase the electric bus' overall range … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Autodesk Inc.

Posted: 14 Nov 2011 01:30 PM PST

Autodesk Inc. (NASDAQ:ADSK) is scheduled to announce its third quarter 2012 results on November 15, 2011 after the closing bell. We do not see any major variation in analysts' estimates in the run-up to the earnings release.
Prior-Quarter Recap
Autodesk reported strong results, spurred strong by year-over-year growth in revenues, which was driven by higher license and other revenues. Moreover, maintenance revenues were also up on a year over year basis.
Autodesk witnessed significant upside across … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rent-A-Center Expands In Illinois

Posted: 14 Nov 2011 01:21 PM PST

Rent-A-Center Inc. (NASDAQ:RCII), the largest rent-to-own operator in the U.S. recently announced the opening of two new stores in the state of Illinois. The company through its latest stores expects to offer luxury furnishings, electrical devices, electronics and computers to the residents of this region.
The new 4,500 square-foot showrooms in Mt.Vernon and Marion offer brands like HP, Ashley, Sony, Serta and Whirlpool. Rent-A-Center now operates through 113 locations in Illinois.
The people of Mt. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.62%

Posted: 14 Nov 2011 01:15 PM PST

Forexpros – U.S. stocks were down after the closing bell on Monday.

At the close of U.S. trade, the Dow Jones Industrial Average fell 0.62%, the S&P 500 index shed 0.95%, while the Nasdaq 100 index declined 0.61%.

Meanwhile, across the Atlantic, European stock markets closed lower. France's CAC 40 was down 1.28%; Germany's DAX shed 1.19%; Britain's FTSE 100 declined 0.47%; and the EURO STOXX 50 fell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

VeriFone Buys Point In Europe

Posted: 14 Nov 2011 01:06 PM PST

VeriFone Systems, Inc. (NYSE:PAY) has signed a definitive agreement with Nordic Capital Fund V to acquire European-based Point for approximately €600 million or $824 million. VeriFone will also retire Point's debt of approximately €170 million.
Management expects to close the acquisition by the end of 2011. The transaction is expected to be accretive to the bottom-line by $0.08 – $0.10 in fiscal 2012 and by $0.30 – $0.35 in fiscal 2013. 
VeriFone expects the acquisition to add … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Wal-Mart

Posted: 14 Nov 2011 01:06 PM PST

Wal-Mart Stores Inc. (NYSE:WMT) is scheduled to announce its second-quarter 2012 results on November 15, 2011, and we see positive trend in analyst estimates at this point. Currently, the Zacks Consensus Estimate is 97 cents per share and sales estimate is around $107.676 billion.
Second Quarter Review
Wal-Mart reported better-than-expected results for its fiscal 2012 second quarter on August 16. Earnings per share came in at $1.09, beating the Zacks Consensus Estimate by a penny. It was a solid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Viacom Remains Neutral

Posted: 14 Nov 2011 01:06 PM PST

Viacom Inc. (VIA.B) reported excellent financial results for the fourth quarter of fiscal 2011. Both top and bottom line were well ahead of the Zacks Consensus Estimates. Viacom enjoys strong brand value with respect to its several cable TV channels.
In the previous quarter, most of the company's cable TV networks posted solid performmance as a result of considerable increase in ratings. In the fourth quarter of fiscal 2011, both domestic and worldwide advertising revenue grew 7% year over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Buffett Buys IBM At Premium Price

Posted: 14 Nov 2011 01:00 PM PST

11/14/11 Warren Buffett, chairman and CEO of Berkshire Hathaway, said on Monday that he now owns a $10.7 billion stake in International Business Machines … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Humana Drops To Neutral

Posted: 14 Nov 2011 12:58 PM PST

We downgraded our recommendation on Humana Inc. (NYSE:HUM) to Neutral based on higher expenses and lower operating cash flow in the third quarter, which were offset by strong top-line growth.
The company's third-quarter operating earnings came in at $664.8 million or $2.54 per share, surpassing the Zacks Consensus Estimate of $2.02 per share. The figure also compares favorably with earnings of $538.5 million or $2.01 per share in the year-ago quarter.
On the positive side, Humana has surplus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fed Declares Stress Test Round Four

Posted: 14 Nov 2011 12:58 PM PST

America's largest banks will have to endure another round of stress tests in the upcoming weeks to prove their financial strength to confront another recession, Federal Reserve Vice Chair Janet Yellen said on Friday at a banking conference.
This will mark the fourth round of bank stress tests since 2009. The prior tests were conducted in early 2011, late 2010 and 2009. The periodic stress tests monitor the 19 banks regulated by the Federal Reserve.
The selected banks, including Citigroup Inc. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 14 Nov 2011 12:55 PM PST

Forexpros – The British Pound was lower against the U.S. Dollar on Monday.

GBP/USD was trading at 1.5898, down 1.04% at time of writing.

The pair was likely to find support at 1.5869, Thursday's low, and resistance at 1.6120, Wednesday's high.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8571 and GBP/JPY falling 1.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 14 Nov 2011 12:30 PM PST

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Monday.

USD/CHF was trading at 0.9068, up 0.76% at time of writing.

The pair was likely to find support at 0.8924, Wednesday's low, and resistance at 0.9150, Thursday's high.

Meanwhile, the U.S. Dollar was up against the Euro and down against the Japanese Yen, with EUR/USD shedding 0.87% to hit 1.3632 and USD/JPY falling 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up In U.S. Trade

Posted: 14 Nov 2011 12:10 PM PST

Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Monday.

USD/CAD was trading at 1.0173, up 0.71% at time of writing.

The pair was likely to find support at 1.0079, Wednesday's low, and resistance at 1.0266, Thursday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.97% to hit 1.3618 and GBP/USD falling 1.06% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Tuesday, November 15, 2011

Posted: 14 Nov 2011 04:33 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, November 15, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.38
− 2.08
10.41
10.58

Bearish

AXP – American Express Company
49.45
− 1.83
49.67
50.23

Bearish

BA – Boeing Co
67.94
+ 1.52
66.58
66.17

Bullish

BAC – Bank of America Corporation
6.05
− 2.58
6.14
6.27

Bearish

CAT – Caterpillar Inc
96.53
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Tuesday, November 15, 2011

Posted: 14 Nov 2011 04:33 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, November 15, 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
109.88
+ 0.08
109.86
109.93

Neutral

BND – Vanguard Total Bond Market ETF
83.60
+ 0.01
83.60
83.72

Neutral

DBC – DB Commodity Index Tracking Fd
27.85
− 1.07
27.95
28.15

Bearish

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 Tuesday, November 15, 2011

Posted: 14 Nov 2011 04:33 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, November 15, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0204
− 0.61
1.0199
1.0248

Neutral

EURUSD – Euro / US Dollar
1.3633
− 0.82
1.3654
1.3696

Bearish

GBPUSD – British Pound / US Dollar
1.5908
− 1.05
1.5970
1.6025

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0162
+ 0.52
1.0165
1.0150

Neutral

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

The Trend Trader For Futures Trading On Tuesday, November 15, 2011

Posted: 14 Nov 2011 04:33 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, November 15, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1252.50
− 0.71
1248.78
1253.17

Neutral

Dow Jones – Dec YMZ1
12057
− 0.48
11994
11982

Bullish

Nasdaq – Dec NQZ1
2343.00
− 0.31
2332.81
2345.42

Neutral

Russell – Dec TFZ1
733.80
− 1.20
731.73
737.60

Neutral

INTEREST RATES

US T-Bond – Dec ZBZ1
141-25
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: Australia 200 (AUS200)

Posted: 14 Nov 2011 04:02 AM PST

By ForexMansion.com
by, James A. Hyerczyk
When using the new Autochartist Key Levels trading tool, a trader has to be aware that the driving force behind the breakout is volatility or momentum. Not only is it needed to trigger the strength of the breakout, but it also must be present throughout the move to drive the market into the Autochartist target zone.
Since old resistance often becomes new support according to most market technicians, a trader must be aware that once a market breaks out … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Gold

Posted: 14 Nov 2011 01:02 AM PST

By ForexMansion.com

By Jonah S. Ford
Autochartist has identified a possible launching point for gold futures as precious metals held steady to being the trading week. The narrow sideways action in Monday's session conforms to a retest of Key Level support, as indicated by Autochartist and illustrated here on the 30-minute candlestick chart.  

Last week's swing high occurred after buying interest re-entered the market at the key level of $1,776 per ounce, and a $30 rally ensued to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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