DailyMarkets.com - Gold Futures Slump As Risk Aversion Boosts Dollar

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• Gold Futures Slump As Risk Aversion Boosts Dollar
• Forex – USD/CHF Edges Higher On E.Z. Debt Concerns
• Crude Oil Falls To 2-week Low As Risk Aversion Mounts
• Swing Trade Idea, Microsoft
• Forex – Dollar Broadly Higher Vs. Rivals On Risk Aversion
• Forex Trading: Eurozone Current Account
• Crude Oil, Gold Prices Sink As Safe Haven Demand Boosts US Dollar
• Forex – GBP/USD Hits 1-month Low In Risk-off Trade
• Euro Zone Current Account Posts Unexpected Surplus
• European Stocks Drop On E.Z./U.S. Concerns; DAX Tumbles 2.55%
• Forex – Yen Dips Against Dollar On Safe Haven Demand
• Forex – NZD/USD Falls To 7-week Low On E.Z. Debt Worries
• Forex – AUD/USD Drops On E.Z. Uncertainty
• Forex – EUR/USD Slips As Debt Fears Weigh On Risk Appetite
• Asia Stocks Fall Amid E.Z./U.S. Debt Worries; Nikkei Down 0.32%
• Growth & Income Stock: Essex Property Trust, Inc.
• Aggressive Growth Stock: Universal Truckload Services Inc.
• Momentum Stock: Hibbett Sports, Inc.
• Bear Of The Day: DeVry, Inc. (DV)
• Bull Of The Day: ZOLL Medical Corp. (ZOLL)
• Forex – EUR/USD Down During The Asian Session
• Forex – GBP/USD Down In Asian Trade
• Forex – EUR/GBP Up In Asian Trading Hours
• Black Friday Comes Early
• Forex – USD/JPY Down In Asian Trading Hours
• Class Of 2009: College Degrees By Discipline, Sex
• Forex – USD/CAD Up During The Asian Session
• New Era Of Oil And Gas Exploration Promises To Bring Economic Boom And 200k Jobs To Ohio
• Forex – AUD/USD Down In Asian Trade
• Forex – EUR/USD Down During The Asian Session
• Forex – USD/JPY Down In Asian Trading Hours
• Forex – EUR/JPY Down In Asian Trade
• Nasdaq 100 Short-Term Update
• GBP/USD Short-Term Update
• No Help From The ECB?

Gold Futures Slump As Risk Aversion Boosts Dollar Posted: 21 Nov 2011 02:57 AM PST Forexpros – Gold futures were sharply lower on Monday, as market sentiment was hit by growing fears over sovereign debt issues in the euro zone and the U.S., boosting demand for the safe haven greenback. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at a three-week low of USD1704.65 a troy ounce during European morning trade, tumbling 1.19%. Earlier in the day, the spread between 10-year Spanish bond yields and their German counterparts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Edges Higher On E.Z. Debt Concerns Posted: 21 Nov 2011 02:38 AM PST Forexpros – The U.S. dollar edged higher against the Swiss franc on Monday, as sustained concerns over the handling of the financial crisis in the euro zone supported safe haven demand. USD/CHF hit 0.9208 during European morning trade, the daily high; the pair subsequently consolidated at 0.9203, rising 0.40%. The pair was likely to find support at 0.9017, the low of November 10 and resistance at 0.9314, the high of October 6. Market sentiment was hit after European Union economic and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Falls To 2-week Low As Risk Aversion Mounts Posted: 21 Nov 2011 02:10 AM PST Forexpros – Crude oil futures were down sharply on Monday, falling to an almost two-week low as mounting concerns over sovereign debt issues in the euro zone and the U.S. saw investors shun riskier assets. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD95.72 a barrel during European morning trade, tumbling 1.96%. Oil's losses came as concerns over rising borrowing costs in many euro zone members added to fears that the region's debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swing Trade Idea, Microsoft Posted: 21 Nov 2011 01:52 AM PST A member highlighted this stock and we concur it looks like it is ready to swing on the next change in risk attitude. The chart you see is our RTT VolumeWave chart. Showing off price waves with cumulative volume for each, this is a Wyckoff measure. You want to see rising prices on rising volume and falling prices on less volume for a bullish case. The chart is not that great, not very good Gann Angle support, so it has to be consider at tad risky. The bullish price wave at (1) had moderate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Broadly Higher Vs. Rivals On Risk Aversion Posted: 21 Nov 2011 01:49 AM PST Forexpros – The U.S. dollar was broadly higher against most of its major counterparts on Monday, as sustained concerns over the capacity of euro zone leaders to tackle the region's debt crisis weighed on demand for riskier assets. During U.S. morning trade, the dollar was up against the euro, with EUR/USD dropping 0.49% to hit 1.3457. On Sunday, Spain's center-right opposition People’s Party won a crushing election victory and was expected to push through drastic austerity measures to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Eurozone Current Account Posted: 21 Nov 2011 01:42 AM PST E/Z Current Account came in with a 0.5B euro surplus, a 3.2B euro deficit was expected. Eur/Usd continues to trade either side of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil, Gold Prices Sink As Safe Haven Demand Boosts US Dollar Posted: 21 Nov 2011 01:37 AM PST Talking Points Crude Oil Sold as Prices Re-Couple with Risk Sentiment Trends Gold, Silver Under Pressure as Safe Haven Demand Boosts Dollar WTI Crude Oil (NY Close): $97.41 // -1.41 // -1.43% Crude oil appears to be falling back in line with overall risk sentiment trends after last week's one-off divergence, with prices under pressure amid reports that lawmakers on the US budget "super-committee" are unlikely to strike a deal on deficit-reduction measures by the November 23 deadline, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Hits 1-month Low In Risk-off Trade Posted: 21 Nov 2011 01:33 AM PST Forexpros – The pound dropped to a one-month low against the U.S. dollar on Monday, as concerns over escalating sovereign debt issues in the euro zone and the U.S. weighed on demand for riskier assets. GBP/USD hit 1.5689 during European morning trade, the pair's lowest since October 20; the pair subsequently consolidated at 1.5699, shedding 0.67%. Cable was likely to find short-term support at 1.5631, the low of October 18 and resistance at 1.5797, the days high. In Spain, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Zone Current Account Posts Unexpected Surplus Posted: 21 Nov 2011 01:18 AM PST Forexpros – The euro zone current account posted an unexpected surplus in September, official data showed on Monday. In a report, the European Central Bank said that the euro zone current account recorded a seasonally adjusted surplus of EUR0.5 billion in September, after August's deficit of USD5.0 billion, whose figure was revised down from a deficit of EUR5.0 billion. Economists had expected the current account deficit to narrow to EUR3.4 billion in September. The report said that the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Drop On E.Z./U.S. Concerns; DAX Tumbles 2.55% Posted: 21 Nov 2011 01:04 AM PST Forexpros – European stock markets fell on Monday, as sustained concerns over the debt crisis in the euro zone and the expected failure of a U.S. congressional committee to agree on how to slash the deficit weighed on investor confidence. During European morning trade, the EURO STOXX 50 fell 2.31%, France's CAC 40 dropped 2.25%, while Germany's DAX 30 declined 2.55%. Spain's center-right opposition People’s Party won a crushing election victory on Sunday, and was expected to push … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Yen Dips Against Dollar On Safe Haven Demand Posted: 21 Nov 2011 12:43 AM PST Forexpros – The yen dipped against the U.S. dollar on Monday, as safe haven demand remained supported amid concerns over the ongoing debt crisis in the euro zone and speculation that U.S. politicians have failed to agree on deficit reduction measures. USD/JPY hit 76.77 during late Asian trade, the daily low; the pair subsequently consolidated at 76.80, slipping 0.12%. The pair was likely to find short-term support at 76.57, Friday's low and resistance at 77.02, Friday's high. In Spain, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Falls To 7-week Low On E.Z. Debt Worries Posted: 21 Nov 2011 12:29 AM PST Forexpros – The New Zealand dollar fell to a seven-week low against its U.S. counterpart on Monday, as risk sentiment was hit amid ongoing concerns over the financial crisis in the euro zone. NZD/USD 0.7528 during late Asian trade, the pair's lowest since October 4; the pair subsequently consolidated at 0.7536, shedding 0.37%. The pair was likely to find support at 0.7467, the low of October 4 and resistance at 0.7648, the high of November 18. Spain's center-right opposition People’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Drops On E.Z. Uncertainty Posted: 21 Nov 2011 12:12 AM PST Forexpros – The Australian dollar dropped against its U.S. counterpart on Monday, falling to a six-week low as investors remained concerned over the handling of the debt crisis in the euro zone. AUD/USD hit 0.9938 during late Asian trade, the pair's lowest since October 12; the pair subsequently consolidated at 0.9936, declining 0.66%. The pair was likely to find support at 0.9863, the low of October 12 and resistance at 1.0116, the high of November 17. On Sunday, Spain's center-right … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Slips As Debt Fears Weigh On Risk Appetite Posted: 20 Nov 2011 11:59 PM PST Forexpros – The euro was lower against the U.S. dollar on Monday, as concerns over the ongoing debt crisis in the euro zone lingered while speculation that a U.S. congressional committee was likely to announce that it failed to agree on deficit cuts also weighed. EUR/USD hit 1.3484 during late Asian trade, the daily low; the pair subsequently consolidated at 1.3492, slipping 0.23%. The pair was likely to find support at 1.3428, the low of November 17 and resistance at 1.3613, Friday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Fall Amid E.Z./U.S. Debt Worries; Nikkei Down 0.32% Posted: 20 Nov 2011 11:54 PM PST Forexpros – Asian stock markets edged lower on Monday, as uncertainty remained over the handling of the debt crisis in the euro zone and an apparent failure by U.S. politicians to agree on deficit reduction weighed on sentiment. During late Asian trade, Hong Kong’s Hang Seng Index tumbled 1.37%, Australia's ASX/200 Index dipped 0.34%, while Japan's Nikkei 225 Index fell 0.32%. In Spain, the center-right opposition People’s Party won a crushing election victory and was expected to push … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Essex Property Trust, Inc. Posted: 20 Nov 2011 11:05 PM PST Estimates have been rising for Essex Property Trust, Inc. (NYSE:ESS) after the company delivered strong third quarter financial results and management raised its guidance for the remainder of the year. It is a Zacks #2 Rank (Buy) stock. Analysts project strong growth for Essex over the next few years as the apartment REIT continues to benefit from a decrease in homeownership rates. The company also pays a dividend that yields a solid 3.2%, which it has steadily increased over the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Universal Truckload Services Inc. Posted: 20 Nov 2011 11:05 PM PST Shares might be volatile, but with impressive growth rates and attractive valuations Universal Truckload Services, Inc. (NASDAQ:UACL) is worth a look. Company Description Universal Truckload Services is an asset-light service provider for shippers in the U.S. and Canada. Trucking services include flatbed and dry vans as well as some intermodal support. Additionally the company offers freight brokering for services not offered by their owner-operators. Revenues Jumps 20% On Oct 27 Universal reported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Hibbett Sports, Inc. Posted: 20 Nov 2011 11:05 PM PST Hibbett Sports, Inc. (HIBB) just reported an impressive 16% earnings surprise, pushing shares to a new all-time high. With four consecutive earnings surprise and bullish growth projection, this Zacks #1 Rank stock is a true momentum player. Company Description Hibbet Sports, Inc. operates as a retailer of athletic equipment, footwear and apparel primarily in South, Southwest and Midwest regions of the United States. The company was founded in 1945 and has a market cap of $1.15 billion. Hibbet … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: DeVry, Inc. (DV) Posted: 20 Nov 2011 11:05 PM PST We are downgrading DeVry Inc.’s (NYSE:DV) stock from Neutral to Underperform on the back of sluggish first quarter 2012 earnings of $0.83, which missed the year-ago level as well as Zacks Consensus Estimate by 19.4% and 13.5% respectively. Deteriorating economic conditions and rising unemployment acted as catalysts for the slowdown of the company’s growth. In addition, about 123,000 students got enrolled across all the DeVry institutions which were marginally lower than the previous year. Lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: ZOLL Medical Corp. (ZOLL) Posted: 20 Nov 2011 11:05 PM PST We upgrade our recommendation on ZOLL Medical Corp. (NASDAQ:ZOLL) to Outperform following its forecast-topping fourth quarter results. Revenues and earnings for the quarter outperformed the Zacks Consensus Estimates, driven by strong contributions from the company’s LifeVest and temperature management franchises, backed by higher sales in the North American hospital market. We are pleased with ZOLL’s solid fundamentals and its broad product range. Moreover, its significant international presence … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 20 Nov 2011 10:45 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3516, down 0.07% at time of writing. The pair was likely to find support at 1.3422, Wednesday's low, and resistance at 1.3614, Friday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.26% to hit 0.8580 and EUR/JPY falling 0.17% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Down In Asian Trade Posted: 20 Nov 2011 10:00 PM PST Forexpros – The British Pound was lower against the U.S. Dollar on Monday. GBP/USD was trading at 1.5751, down 0.35% at time of writing. The pair was likely to find support at 1.5691, Thursday's low, and resistance at 1.5888, Friday's high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.33% to hit 0.8586 and GBP/JPY falling 0.44% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Up In Asian Trading Hours Posted: 20 Nov 2011 09:15 PM PST Forexpros – The Euro was higher against the British Pound on Monday. EUR/GBP was trading at 0.8586, up 0.32% at time of writing. The pair was likely to find support at 0.8519, Friday's low, and resistance at 0.8594, today's high. Meanwhile, the Euro was down against the U.S. Dollar and the Japanese Yen, with EUR/USD shedding 0.07% to hit 1.3516 and EUR/JPY falling 0.16% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Black Friday Comes Early Posted: 20 Nov 2011 09:00 PM PST 11/21/11 Many retailers are gearing up for an early start to Black Friday. The traditional holiday shopping event kicks off on Thanksgiving Day at some … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 20 Nov 2011 08:25 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on Trade Balance. USD/JPY was trading at 76.79, down 0.15% at time of writing. The pair was likely to find support at 76.58, Friday's low, and resistance at 77.15, Wednesday's high. Earlier in the day, official data showed that Japan's trade balance fell more-than-expected to a seasonally adjusted -0.46T last month, from -0.01T in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Class Of 2009: College Degrees By Discipline, Sex Posted: 20 Nov 2011 07:57 PM PST Academic Discipline Male  Graduates  Female  Graduates  Females per 100 Males Female-Dominated Disciplines  Family and consumer sciences 2,754 19,151 695  Health professions and related clinical sciences 17,792 102,696 577  Public administration and social service professions 4,374 19,477 445  Education 21,159 80,549 381  Psychology 21,488 72,783 339  Legal professions and studies 1,037 2,785 269  Foreign languages, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Up During The Asian Session Posted: 20 Nov 2011 07:50 PM PST Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Monday. USD/CAD was trading at 1.0290, up 0.13% at time of writing. The pair was likely to find support at 1.0172, Wednesday's low, and resistance at 1.0303, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.06% to hit 1.3533 and GBP/USD falling 0.35% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Era Of Oil And Gas Exploration Promises To Bring Economic Boom And 200k Jobs To Ohio Posted: 20 Nov 2011 07:15 PM PST Map shows where the “shovel-ready” jobs are in Ohio Granville, Ohio — “Providing further evidence that Ohio is on the cusp of a possible economic oil and gas boom, the Ohio Oil & Gas Energy Education Program released its second economic impact study, which provides data about how the state's natural gas and crude oil industry positively impacts Ohio's economy today, and includes the first comprehensive study about how planned oil and gas development in Ohio's Utica shale formation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down In Asian Trade Posted: 20 Nov 2011 07:10 PM PST Forexpros – The Australian Dollar was lower against the U.S. Dollar on Monday. AUD/USD was trading at 0.9968, down 0.41% at time of writing. The pair was likely to find support at 0.9943, today's low, and resistance at 1.0184, Wednesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.44% to hit 1.3573 and AUD/JPY falling 0.56% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session Posted: 20 Nov 2011 06:35 PM PST Forexpros – The Euro was lower against the U.S. Dollar on Monday. EUR/USD was trading at 1.3522, down 0.02% at time of writing. The pair was likely to find support at 1.3422, Wednesday's low, and resistance at 1.3614, Friday's high. Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.30% to hit 0.8584 and EUR/JPY falling 0.10% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Down In Asian Trading Hours Posted: 20 Nov 2011 06:00 PM PST Forexpros – The U.S. Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on Trade Balance. USD/JPY was trading at 76.86, down 0.05% at time of writing. The pair was likely to find support at 76.58, Friday's low, and resistance at 77.15, Wednesday's high. Earlier in the day, official data showed that Japan's trade balance fell more-than-expected to a seasonally adjusted -0.46T last month, from -0.01T in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down In Asian Trade Posted: 20 Nov 2011 05:25 PM PST Forexpros – The Euro was lower against the Japanese Yen on Monday after the release of Japanese data on Trade Balance. EUR/JPY was trading at 103.94, down 0.07% at time of writing. The pair was likely to find support at 103.41, Wednesday's low, and resistance at 104.39, Wednesday's high. Earlier in the day, official data showed that Japan's trade balance fell more-than-expected to a seasonally adjusted -0.46T last month, from -0.02T in the preceding month. Analysts had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nasdaq 100 Short-Term Update Posted: 20 Nov 2011 12:51 PM PST By ForexMansion.com Nasdaq 100: 2253.86 Short-Term Trend: sideways Outlook: Last week I favored a long position on a pullback against the 2285 level. Well, I was wrong. The market broke firmly below the 2285 level and the immediate focus shifted on the downside. While the count presented a week ago is still valid (and if the market rallies this week, it will become preffered again), the odds right now have shifted in favor of the more bearish scenario presented above. It is actually the count … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GBP/USD Short-Term Update Posted: 20 Nov 2011 12:48 PM PST By ForexMansion.com GBPUSD: 1.5802 Short-Term Trend: downtrend Outlook: The break below 1.5870 last week confirms the wave B from the early Oct low is over and if the presented wave count is correct, weakness twd 1.5000 lies ahead. Thus, I am bearish now as long as the prices stay below 1.6000 and 1.6100. A decline below 1.5680 will further solidify that bearish view. The daily oscillators more or less confirm the bearish outlook as well. So, with all this in mind, I favor shorts here as the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

No Help From The ECB? Posted: 20 Nov 2011 08:58 AM PST Just when many (myself included) thought that the ECB was poised to rescue the eurozone, Paul Krugman pointed out this disappointing speech by Mario Draghi on Friday. First, the ECB chief noted the weakness in the eurozone economy to justify the recent 25 bp interest rate cut, in the context of its “price stability” mandate [emphasis added]: Activity is expected to weaken in most of the advanced economies. This is the result of a weakening of various components of aggregate demand, both … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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