Sunday, November 27, 2011

DailyMarkets.com - Intrade Update: The Gingrich Surge

DailyMarkets.com - Intrade Update: The Gingrich Surge


Intrade Update: The Gingrich Surge

Posted: 27 Nov 2011 11:21 AM PST

Intrade odds for Gingrich are up to an all-time high of 19.3% and Romney’s odds are down to 60.6%, the lowest since early … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas – Weekly Outlook: November 28 – December 2

Posted: 27 Nov 2011 07:38 AM PST

Forexpros – Natural gas futures rose sharply in thin post-holiday trade on Friday, jumping to a two-week high as cooling weather forecasts and indications of a slowdown in U.S. production boosted prices.

On the New York Mercantile Exchange, natural gas futures for delivery in January settled at USD3.662 per million British thermal units by close of trade on Friday, rallying 4.4% over the week, the first weekly gain in four.

Earlier in the day, prices rose by as much as 2.5% to hit USD3.675 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Weekly Outlook: November 28 – December 2

Posted: 27 Nov 2011 07:36 AM PST

Forexpros – The euro tumbled to a seven-week low against the U.S. dollar on Friday, as growing concerns over debt contagion to core economies in the euro zone dampened demand for the single currency.

EUR/USD hit 1.3211 on Friday, the pair's lowest since October 4; the pair subsequently consolidated at 1.3234 by close of trade on Friday, plummeting 2.04% over the week.

The pair is likely to find support at 1.3144, the low of October 4 and resistance at 1.3410, the high of November 24.

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


Forex – GBP/USD Weekly Outlook: November 28 – December 2

Posted: 27 Nov 2011 07:14 AM PST

Forexpros – The pound ended fell to a seven-week low against the U.S. dollar on Friday, as sustained concerns over debt contagion in the euro zone weighed on demand for riskier assets.

GBP/USD hit 1.5423 on Friday, the pair's lowest since October 7; the pair subsequently consolidated at 1.5437, plunging 2.23% over the week.

Cable is likely to find support at 1.5339, the low of October 4 and resistance at 1.5566, the high of November 24.

The pound dropped against the greenback on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Monday, November 28, 2011

Posted: 26 Nov 2011 10:03 PM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, November 28, 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
109.66
− 0.11
109.69
109.68

Bearish

BND – Vanguard Total Bond Market ETF
83.68
− 0.12
83.69
83.67

Neutral

DBC – DB Commodity Index Tracking Fd
26.64
− 0.82
26.95
26.87

Bearish

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 Monday, November 28, 2011

Posted: 26 Nov 2011 10:03 PM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, November 28, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.95
+ 0.79
9.09
9.14

Bearish

AXP – American Express Company
45.00
− 0.22
45.41
45.36

Bearish

BA – Boeing Co
62.78
+ 0.67
63.40
63.78

Bearish

BAC – Bank of America Corporation
5.17
+ 0.58
5.28
5.32

Bearish

CAT – Caterpillar Inc
86.72
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Monday, November 28, 2011

Posted: 26 Nov 2011 10:03 PM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, November 28, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1153.50
− 0.50
1163.03
1170.00

Bearish

Dow Jones – Dec YMZ1
11187
− 0.25
11260
11347

Bearish

Nasdaq – Dec NQZ1
2147.50
− 0.45
2166.58
2175.75

Bearish

Russell – Dec TFZ1
664.00
− 1.18
673.34
680.33

Bearish

INTEREST RATES

US T-Bond – Dec ZBZ1
143-27
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Monday, November 28, 2011

Posted: 26 Nov 2011 10:03 PM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, November 28, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
0.9708
− 0.25
0.9728
0.9795

Bearish

EURUSD – Euro / US Dollar
1.3234
− 0.84
1.3340
1.3338

Bearish

GBPUSD – British Pound / US Dollar
1.5435
− 0.37
1.5510
1.5551

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0481
+ 0.13
1.0464
1.0420

Bullish

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


Why A Gold Standard Is A Bad Idea (II)

Posted: 24 Nov 2011 05:34 AM PST

I have always stood firmly against a gold standard, but I remain a long-term commodity bull (yes that includes gold). I believe that while individuals should hold some precious metals or precious metal linked investments in their portfolios as a hedge against asset inflation, a gold standard introduces too many unnecessary rigidities in the system which creates economic volatility.

A gold standard is unnecessarily rigid
I came out against a gold standard back in December 2008 and I stand by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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