Friday, November 4, 2011

DailyMarkets.com - Monetary Policy Week In Review – 5 Nov 2011

DailyMarkets.com - Monetary Policy Week In Review – 5 Nov 2011

Monetary Policy Week In Review – 5 Nov 2011

Posted: 04 Nov 2011 04:19 PM PDT

The past week in monetary policy saw 8 interest rate changes announced among the 12 central banks that met to review policy settings.  Of those changing interest rates, those that increased rates were: Uganda +300bps to 23.00%, Kenya +550bps to 16.50%, and Iceland +25bps to 4.75%.  Meanwhile those that cut rates were: Australia -25bps to 4.50%, Fiji -100bps to 0.50%, Europe -25bps to 1.25%, Romania -25bps to 6.00%, and Denmark -35bps to 1.20%.  Those that held rates unchanged … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Da Bulls Or Da Bears

Posted: 04 Nov 2011 03:32 PM PDT

Cusick’s Corner
If you were a Bull you might have more confidence going into this weekend. This grind to the upside in the S&Ps was positive action because we did not have a pop that was met selling and we did not have any type of continuation. This leaves me a little perplexed about the move into Monday but what I am doing I am tightening up my risk, looking to potentially roll some of my positions to Dec, which will give me more time to be potentially right even if there is a headline … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Activision Continues New Launches

Posted: 04 Nov 2011 03:25 PM PDT

Activision Blizzard Inc. (NASDAQ:ATVI) recently launched a series of games to boost sales in the pre-holiday season and reach a larger number of fans. The most recent game to hit the stores was Generator Rex: Agent of Providence, which is based on a popular TV series.
In the game, Rex Salazar, the hero, controls the mutation making “Nanites” that make him a valuable member of Providence and clash with the enemies in environments such as the underwater world of Aquania and the private dimension of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medivation Impresses With MDV3100

Posted: 04 Nov 2011 03:05 PM PDT

Medivation, Inc. (NASDAQ:MDVN) and partner Astellas Pharma Inc. announced positive survival data on their phase III prostate cancer candidate, MDV3100. Medivation and Astellas said that results from a planned interim analysis showed a statistically significant improvement in overall survival compared to placebo. The interim analysis was conducted at 520 events.
The phase III randomized, double-blind, placebo-controlled study, AFFIRM, was conducted in men with advanced prostate cancer previously … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dow In The Red, Groupon Shines

Posted: 04 Nov 2011 03:00 PM PDT

11/04/11 The Big Board closed the week in the red as Europe remains in focus. Groupon impresses with a strong … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Computer Sciences

Posted: 04 Nov 2011 02:55 PM PDT

Computer Sciences Corporation (NYSE:CSC) is scheduled to announce its second quarter 2012 results on November 9, 2011, and we do witness a substantial variation in analysts' estimates at this point.
First Quarter Recap
The company reported decent first quarter 2012 results, with earnings per share (EPS) of $1.18 comfortably exceeding the Zacks Consensus Estimate of 70 cents. Computer Sciences generated revenues of $3.91 billion, up 3.06% year over year, driven by the growth across all the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Moody’s Action On China Life

Posted: 04 Nov 2011 02:50 PM PDT

Beginning this week, credit rating agency Moody's Investors Service affirmed China Life Insurance Co. Ltd.'s (NYSE:LFC) insurance financial strength rating of "A1" with a positive outlook based on the company's stable capital, investment and financial leverage position.
However, China Life reported operating earnings of RMB0.13 (US$0.07) per share during the third quarter of 2011, witnessing a 45.7% decline from RMB0.24 (US$0.10) per share in the third quarter of 2010. Net income also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Zimmer

Posted: 04 Nov 2011 02:35 PM PDT

The announcement of Zimmer Holdings' (NYSE:ZMH) third quarter fiscal 2011 results as on October 27, 2011, has led analysts to revise their estimates lower for the fourth quarter of fiscal 2011.
Third Quarter Highlights
Zimmer reported an adjusted EPS of $1.04 during the third quarter of fiscal 2011, a penny ahead of the Zacks Consensus Estimate and up from 96 cents in the corresponding quarter of fiscal 2010. The company reported a 6.9% year-over-year revenue growth (2.4% at constant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Home Sales In Cuba

Posted: 04 Nov 2011 02:26 PM PDT

JURIST — “The Cuban government on Thursday announced the passage of a bill that will modify its housing law to allow permanent residents of the country to buy and sell their homes at will. The new law, which will take effect on November 10, will still limit home ownership to one house in the city and one seasonal house in the country, but will allow Cubans the freedom to buy, sell and trade these homes at their discretion. All transactions will take place through Cuban bank accounts so they … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tech Data’s New App For Apple

Posted: 04 Nov 2011 02:20 PM PDT

Information technology (IT) products distributor, Tech Data Corp. (NASDAQ:TECD) recently launched a new mobile application known as accessTD, exclusively for Apple Inc.'s (NASDAQ:AAPL) iPhone, iPod touch and iPad.
Customers and resellers will be able to access the major features of techdata.com, Tech Data's official website, through accessTD, including product searches, pricing and availability information, order tracking, quoting and ordering.
Currently, Apple users in the United States can access … [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: 04 Nov 2011 02:10 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

EUR/USD was trading at 1.3793, down 0.22% at time of writing.

The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Warnaco Meets, Affirms Guidance

Posted: 04 Nov 2011 02:05 PM PDT

Warnaco Group Inc. (NYSE:WRC) registered decent third quarter 2011 adjusted earnings of $1.07 per share, in-line with the Zacks Consensus Estimate. However, it exceeded the prior-year earnings $1.04 per share by 2.9%.
The adjusted earnings excludes restructuring expenses, pension expenses, tax related items and other items. Including these items, earnings came in at $1.13 per share versus 90 cents in the prior-year period, which included a tax benefit of approximately $8.6 million.
The upswing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Strong 3Q From Hawaiian Electric

Posted: 04 Nov 2011 02:05 PM PDT

Hawaiian Electric Industries Inc. (NYSE:HE), a Honolulu-based utility engaged in electric utility and banking operations primarily in the state of Hawaii, announced third-quarter 2011 operating earnings of 50 cents per share. Third quarter earnings reflected a positive earnings surprise of 16% compared to the Zacks Consensus Estimate of 43 cents and a 43% growth from the year-ago earnings of 35 cents.
Operating Statistics
Hawaiian Electric's third quarter revenue totaled $886.4 million versus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Charges Rattle Symmetry, Snips View

Posted: 04 Nov 2011 02:05 PM PDT

Orthopedic implants and instruments maker Symmetry Medical's (NYSE:SMA) third-quarter fiscal 2011 adjusted earnings per share of 4 cents largely missed the Zacks Consensus Estimate of 12 cents and came in below the year-ago adjusted earnings of 10 cents.
Adjusted earnings exclude facility consolidation expenses, acquisition and legal costs, employee severance payments and management transition costs. Profit (as reported) plummeted 85% year over year to $0.5 million (or a penny a share), hit by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BB&T On Acquisition Spree

Posted: 04 Nov 2011 02:05 PM PDT

Yesterday, BB&T Insurance Services, a subsidiary of BB&T Corporation (NYSE:BBT) has announced the expansion of its operation in California. The company is acquiring Precept Group, an employee benefits consulting and administrative solutions firm.
With this acquisition, BB&T will expand its footprints in attractive California market and increase headcount by 140 in its Insurance Services division. Though the terms and value of the deal remained undisclosed, the agreement closed on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 04 Nov 2011 02:05 PM PDT

Forexpros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

GBP/USD was trading at 1.6034, down 0.04% at time of writing.

The pair was likely to find support at 1.5877, Thursday's low, and resistance at 1.6166, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Up At The End Of U.S. Session

Posted: 04 Nov 2011 02:00 PM PDT

Forexpros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.

USD/JPY was trading at 78.24, up 0.23% at time of writing.

The pair was likely to find support at 75.58, Monday's low, and resistance at 79.53, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Virgin Media Underperforms

Posted: 04 Nov 2011 01:55 PM PDT

Virgin Media Inc. (NASDAQ:VMED) reported weak financial results for the third quarter of 2011, which fell below the Zacks Consensus Estimates. In the previous quarter, average monthly churn rate was 1.7% compared with 1.6% in the prior-year quarter. However, those who still subscribes to Virgin Media's services have shown their preference for the company's high-margin bundled services.
Till now, Virgin Media installed TiVo Inc. (NASDAQ:TIVO) developed next-generation Internet-connected TV platform … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hercules’ EPS In Line, Misses Rev

Posted: 04 Nov 2011 01:50 PM PDT

Hercules Technology Growth Capital Inc.'s (NASDAQ:HTGC) third quarter 2011 distributable net operating income (DNOI) came in at 22 cents per share, in line with the Zacks Consensus Estimate and below the prior-year quarter's DNOI of 25 cents.
Results in the quarter were positively impacted by a substantial increase in total investment income, offset by higher operating expenses and net realized and unrealized losses. However, Hercules ended the quarter with a strong balance sheet and a high … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Strayer Tops, Enrollment Falls

Posted: 04 Nov 2011 01:50 PM PDT

Strayer Education, Inc. (NASDAQ:STRA), a for-profit education company, recently posted third-quarter 2011 results. The quarterly earnings of $1.20 per share beat the Zacks Consensus Estimate of $1.06 but plunged 30% from $1.72 in the year-ago quarter. 
Total revenue for the quarter dropped 8% to $135.9 million from the prior-year quarter, attributable to a fall in enrollment, partially offset by an increase in tuition fees, effective January 2011. Total revenue also fell short of the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: NVIDIA

Posted: 04 Nov 2011 01:50 PM PDT

NVIDIA Corporation (NASDAQ:NVDA) is scheduled to announce its third quarter 2012 results on November 9, 2011, and we do not expect much change in analysts' estimate for the given period.
Second Quarter Overview
The company reported revenues of $1.02 billion in the second quarter of 2012, up 5.7% from the previous quarter and up 25.4% from the prior-year quarter.
Within business segments, the company's Graphic Processing Unit (GPU) business delivered strong performance in the second quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EPS, Revenues Decline At Par Pharma

Posted: 04 Nov 2011 01:35 PM PDT

Par Pharmaceutical Companies Inc. (NYSE:PRX) posted adjusted earnings of 74 cents per share during the third quarter fiscal 2011, in line with the Zacks Consensus Estimate, but below the year-ago earnings of 88 cents per share. Lower revenues led to the decline in earnings.
On a sequential basis also, earnings declined 12.0% during the third quarter.
Revenues
Quarterly revenues of $215.4 million surpassed the Zacks Consensus Estimate of $209 million, but were 8.1% below the year-ago figure of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chunghwa Telecom Soars In 3Q11

Posted: 04 Nov 2011 01:35 PM PDT

Chunghwa Telecom Co. Ltd. (NYSE:CHT) declared solid financial results for the third quarter of 2011. Quarterly total revenue was approximately $1,900 million, up 9.5% year over year.
This improved performance was the combined result of increasing smartphone sales with continuously growing revenue from both mobile and Internet value-added services (VAS). In the previous quarter, smartphones constituted 45% of total handsets sold by Chunghwa.
Third-quarter GAAP net income was approximately $406.8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Covance Beats Zacks Estimates

Posted: 04 Nov 2011 01:35 PM PDT

Covance (NYSE:CVD) reported EPS of 67 cents in the third quarter of fiscal 2011 compared with loss of 49 cents per share in the year-ago quarter. However, adjusted (excluding restructuring costs and gains from favorable income tax development) EPS came in at 71 cents, beating the Zacks Consensus Estimate by a penny and up 41.8% year over year.
Net revenue rose 13.9% year over year to $578.9 million, well ahead of the Zacks Consensus Estimate of $521 million.
The company primarily derives its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Berkley Enhances Shareholder Value

Posted: 04 Nov 2011 01:35 PM PDT

On November 3, 2011, property and casualty insurer W. R. Berkley Corp. (NYSE:WRB) announced that its Board has increased its share repurchase authorization to 10 million shares, which translates into approximately 7% of the company's 144.5 million outstanding shares as of September 30, 2011.
The buyback increases a company's earnings per share by reducing the number of shares outstanding and is also indicative of the fact that the company's financial position is strong enough to enhance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Costco Sustains Sales Momentum

Posted: 04 Nov 2011 01:30 PM PDT

Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended October 30, 2011.
The company has been able to maintain its sales momentum. After a 12% increase in September 2011, Costco's comparable-store sales for October rose 9%, reflecting a comparable sales growth of 9% at its U.S. locations and 8% at its international divisions. For the nine-week period ended October 30, 2011, the company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PetMed Express Remains Neutral

Posted: 04 Nov 2011 01:20 PM PDT

Recently, we reiterated our Neutral recommendation on PetMed Express (NASDAQ:PETS) with a target price of $11.00.
PetMed reported a 5% decline in revenues during the most recent quarter affected as it was by aggressive pricing in flea and tick products and introduction of generic Frontline to the market. Although the company decided against participating actively in the generic flea and tick market due to a pending litigation, it expects to be actively involved in 2012, which should improve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Markets Close Lower; Dow Jones Down 0.51%

Posted: 04 Nov 2011 01:15 PM PDT

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

At the close of U.S. trade, the Dow Jones Industrial Average fell 0.51%, the S&P 500 index shed 0.63%, while the Nasdaq 100 index declined 0.48%.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from 103K.

Analysts had expected U.S. non-farm payrolls to rise 95K last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TRW Automotive Lags Estimates

Posted: 04 Nov 2011 01:10 PM PDT

TRW Automotive Holdings Corp. (NYSE:TRW) reported more than a 6% fall in profit to $177 million or $1.37 per share (excluding debt retirement charges) in the third quarter of 2011 from $189 million or $1.47 per share (excluding debt retirement charges and favorable tax benefits) in the prior-year quarter. The earnings per share were lower than the Zacks Consensus Estimate of $1.40.
The decline in profit was attributable to increased raw material costs, higher legal fees and planned increases in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ensco Beats, Outlook Upbeat

Posted: 04 Nov 2011 01:05 PM PDT

Ensco plc (NYSE:ESV) has reported third quarter 2011 earnings of 88 cents per share from continuing operations. Results came in well below the year-ago earnings of 92 cents per share but surpassed the Zacks Consensus Estimate of 83 cents.
Total revenue surged nearly 114% to $915.6 million in the reported quarter from the year-ago revenue of $428.3 million. Most of the increment came from the Pride International acquisition and addition of new ultra-deepwater rigs to the active fleet.
Segment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo Accused By Loreley

Posted: 04 Nov 2011 01:05 PM PDT

Earlier this week, Wells Fargo Securities, a unit of  Wells Fargo and Company (NYSE:WFC) was sued by Loreley Financing, a group of special-purpose entities, Bloomberg reported. The complaint lodged claims that Wells Fargo Securities misrepresented documents in the sale of over $163.3 million of collateralized debt obligations (CDOs).
Jersey-based Loreley is a group of special-purpose entities, the largest of the Channel Islands, a dependency of the U.K. with its own governmental legislative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

JEC Buys Phil Firm, Wins Contracts

Posted: 04 Nov 2011 01:05 PM PDT

Jacobs Engineering Group Inc. (NYSE:JEC) recently reported buying of KlingStubbins, a Philadelphia based architectural firm, which was originally formed by renowned architect Vincent Kling. The terms of the transaction were not disclosed as yet
KlingStubbins, with approximately 500 employees in the United States and Asia, provides professional services in planning, architecture, engineering and interiors with a market focus and specialization in Corporate/Commercial, Government, Science and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Praxair Acquires American Gas Group

Posted: 04 Nov 2011 12:50 PM PDT

The leading industrial gas supplier, Praxair Inc’s (NYSE:PX) subsidiary, Praxair Distribution Inc. recently announced the acquisition of American Gas Group (AGG). Financial terms of the transaction were not disclosed.
The acquired company, having annual sales of $28 million, is one of the leading specialty gases suppliers in the world. The company employing over 56 people, comprises Specialty Gases of America, Inc., American Specialty Gases Inc., Semiconductor Resources, Inc. and Specialty Gases … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down On Jobs Data

Posted: 04 Nov 2011 12:45 PM PDT

Forexpros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

AUD/USD was trading at 1.0396, down 0.20% at time of writing.

The pair was likely to find support at 1.0204, Thursday's low, and resistance at 1.0697, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Banks Try Out Prepaid Credit Cards

Posted: 04 Nov 2011 12:35 PM PDT

After the debit card debacle following the imposition of the debit interchange fee (proposed by the Durbin Amendment) effective October 1, U.S. banks were working out ways to avoid the related revenue losses. An alternative already seems underway. The banks will now try to push prepaid and credit cards to recover some of their revenue loss, Reuters reported on Thursday, citing bank executives.
At an industry conference, executives of several large banks including SunTrust Banks Inc. (NYSE:STI), … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Czech National Bank Maintains Rate At 0.75%

Posted: 04 Nov 2011 12:24 PM PDT

The Ceska Narodni Banka held the two-week repurchase rate at 0.75% as expected, and kept the discount rate unchanged at 0.25% and Lombard rate at 1.75%.  The Bank said: “As regards the reasons for the decision, monetary-policy relevant inflation is slightly below the inflation target over the entire forecast horizon. Even headline inflation, which, as you know, is subject to an escape clause, and which, I assume you also know, will rise because of a VAT increase in 2012, will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Alliant 3Q Mixed, Guidance Narrowed

Posted: 04 Nov 2011 12:20 PM PDT

Aerospace and defense company Alliant Techsystems Inc. (NYSE:ATK) announced operating earnings of $2.10 per share for its second-quarter fiscal 2012 ended October 2, 2011, exceeding the Zacks Consensus Estimate of $2.04 but short of the year-ago earnings of $2.24 per share.
GAAP earnings in the quarter were $2.43 per share versus $2.91 per share in the prior-year quarter.
The difference between GAAP and operating earnings in the reported quarter was due to a $10.8 million (33 cents) gain from a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hong Kong Monetary Authority Keeps Rate At 0.50%

Posted: 04 Nov 2011 12:14 PM PDT

The Hong Kong Monetary Authority kept its base interest rate unchanged at 0.50% following the decision of the US Federal Reserve to leave the fed funds rate unchanged at 0-0.25%.  The HKMA also previously held its base interest rate unchanged at 0.50%, after the FOMC met in September this year and announced rates would stay low until mid 2013.  The Hong Kong Monetary Authority generally tends to follow the monetary policy decisions of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down On Economic Data

Posted: 04 Nov 2011 12:00 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.

EUR/USD was trading at 1.3776, down 0.34% at time of writing.

The pair was likely to find support at 1.3609, Tuesday's low, and resistance at 1.4169, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/JPY Up On U.S. Data

Posted: 04 Nov 2011 11:15 AM PDT

Forexpros – The British Pound was higher against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.

GBP/JPY was trading at 125.37, up 0.12% at time of writing.

The pair was likely to find support at 121.90, Monday's low, and resistance at 127.29, Monday's high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Monday, November 7, 2011

Posted: 04 Nov 2011 04:34 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, November 7, 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
110.00
− 0.03
110.09
110.02

Bearish

BND – Vanguard Total Bond Market ETF
83.89
+ 0.14
83.87
83.78

Bullish

DBC – DB Commodity Index Tracking Fd
27.99
+ 0.32
27.79
27.64

Bullish

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 Monday, November 7, 2011

Posted: 04 Nov 2011 04:34 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, November 7, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0367
− 0.48
1.0360
1.0428

Neutral

EURUSD – Euro / US Dollar
1.3782
− 0.29
1.3767
1.3854

Neutral

GBPUSD – British Pound / US Dollar
1.6028
− 0.11
1.5992
1.6023

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0178
+ 1.06
1.0142
1.0106

Bullish

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

The Trend Trader For Stock Trading On Monday, November 7, 2011

Posted: 04 Nov 2011 04:34 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, November 7, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.93
+ 0.55
10.76
10.77

Bullish

AXP – American Express Company
51.18
− 0.97
50.84
50.71

Bullish

BA – Boeing Co
65.80
− 0.59
65.20
65.22

Bullish

BAC – Bank of America Corporation
6.49
− 6.08
6.69
6.66

Bearish

CAT – Caterpillar Inc
95.74
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Monday, November 7, 2011

Posted: 04 Nov 2011 04:34 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, November 7, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1251.00
− 0.38
1242.22
1242.67

Bullish

Dow Jones – Dec YMZ1
11941
− 0.27
11858
11857

Bullish

Nasdaq – Dec NQZ1
2351.00
− 0.42
2333.94
2340.00

Bullish

Russell – Dec TFZ1
744.70
− 0.09
735.76
735.27

Bullish

INTEREST RATES

US T-Bond – Dec ZBZ1
141-00
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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