Tuesday, November 15, 2011

DailyMarkets.com - Occupiers Occupied: The Hijacking Of The First Amendment

DailyMarkets.com - Occupiers Occupied: The Hijacking Of The First Amendment

Occupiers Occupied: The Hijacking Of The First Amendment

Posted: 15 Nov 2011 04:54 PM PST

A funny thing happened to the First Amendment on its way to the public forum. According to the Supreme Court, money is now speech and corporations are now people. But when real people without money assemble to express their dissatisfaction with the political consequences of this, they're treated as public nuisances and evicted. 
First things first. The Supreme Court's rulings that money is speech and corporations are people have now opened the floodgates to unlimited (and often secret) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ARS Update: Jefferson County, Oppenheimer,

Posted: 15 Nov 2011 04:33 PM PST

The world of Wall Street may go on but for many tens of thousands of investors their financial world has remained locked in place since February 2008 when the $330 billion auction-rate market came to a screeching halt.
The pain of that reality remains fresh for so many who remain unable to access THEIR cash and receive real justice for THEIR emotional pain and anguish.
Wall Street certainly wishes that this ARS issue could or would just go away. 
The media at large has never truly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 15 Nov 2011 04:10 PM PST

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

EUR/USD was trading at 1.3510, down 0.22% at time of writing.

The pair was likely to find support at 1.3497, Tuesday's low, and resistance at 1.3807, Monday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.13% to hit 0.8547 and EUR/JPY falling 0.18% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Android Tops Smartphone Competition

Posted: 15 Nov 2011 03:58 PM PST

11/15/11 Google’s Android took the top prize for the most popular mobile OS platform on devices sold in Q3 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 15 Nov 2011 03:35 PM PST

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

NZD/USD was trading at 0.7702, down 0.15% at time of writing.

The pair was likely to find support at 0.7672, today's low, and resistance at 0.7922, Monday's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.02% to hit 1.3193 and EUR/NZD rising 0.01% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AES Reviews View, Trims Portfolio

Posted: 15 Nov 2011 03:25 PM PST

The AES Corporation (NYSE:AES) recently gave an update on its portfolio management activities and revised its earnings per share (EPS) guidance.
Under its portfolio management activity, the company has entered into an agreement to sell a majority stake in 1,199 MW gas-fired generation businesses in Spain for $234 million. Integral to the transaction, the company signed a share purchase and option agreement with GDF Suez S.A. (“GdFS”), in October this year, for the sale of 80% of its interest in a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Midweek Brings More Inflation Data, Retaii Earnings

Posted: 15 Nov 2011 03:20 PM PST

11/15/11 EU bond yields will continue to be monitored. Another deluge of US economic data and earnings from retailers will be closely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goldcorp Gets Go-Ahead For Eleonore

Posted: 15 Nov 2011 03:15 PM PST

Goldcorp Inc. (NYSE:GG) announced that the Quebec Minister of Sustainable Development, Environment and Parks has given the authorization to its Eleonore project, allowing Canada’s second largest gold producer to start full construction at the mine in Northern Quebec.
The project is located in the James Bay region and on track for a 2014 start-up.
The development plan outlines capital costs of $1.4 billion to bring Eleonore to full production at a rate of 600,000 ounces of gold per year with cash … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NiSource Issues $500 Million Notes

Posted: 15 Nov 2011 03:05 PM PST

NiSource Inc. (NYSE:NI) said its finance subsidiary NiSource Finance Corp. issued $500 million notes in two tranches of $250 million each. Both these tranches have unconditional guarantee from NiSource.
The offer price of the first series of notes bearing a coupon rate of 4.45% was $99.623 (per $100.00 principal), maturing on December 1, 2021. The offer price of the second series of notes bearing a coupon rate of 5.80% was $99.783 (per $100.00 principal), maturing on February 1, 2042.
NiSource … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Watchlist For Wednesday, Nov 16

Posted: 15 Nov 2011 02:54 PM PST

 ( click to enlarge )

Advanced Micro Devices, Inc. (NYSE:AMD) is one of my top picks for 2012, I see some good reasons to keep this stock in my porfolio. From a technical standpoint AMD is still holding its 50-day MA, and has the potential to catch some strong bullish momentum if it reclaims the highs archived in October.

  ( click to enlarge )

FormFactor, Inc. (NASDAQ:FORM) – Keep on watch list poised to clear back above 50-day MA. Technical indicators are supporting the bulls. MACD is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Big Levant Dreams For Boeing

Posted: 15 Nov 2011 02:50 PM PST

The Boeing Company (NYSE:BA) announced that it expects the Middle Eastern airlines will need an estimated 2,520 airplanes worth $450 billion by 2030. Boeing based its forecast on the Middle Eastern carriers continuing to surpass global air traffic and capacity growth rates.
Boeing estimates that the Middle East’s fleet of passenger airplanes will grow from the current fleet of 1,040 airplanes to 2,710 airplanes, an increase of 160%. Of the projected demand, 34% will be replacement aircraft, while … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sallie Mae Stays At Outperform

Posted: 15 Nov 2011 02:40 PM PST

We are reiterating our Outperform recommendation on SLM Corp. (NYSE:SLM) following a detailed analysis of the company's third-quarter 2011 earnings results.
SLM Corp., commonly known as Sallie Mae, reported third quarter core earnings of $188 million or 36 cents per share, in line with the Zacks Consensus Estimate. The results compare unfavorably with the prior-year quarter's core earnings of $202 million or 37 cents per share.
However, on a GAAP basis, Sallie Mae reported third-quarter 2011 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GE Signs Long-Term Contracts

Posted: 15 Nov 2011 02:40 PM PST

General Electric Company's (NYSE:GE) aviation division, GE Aviation signed a 12-year OnPointSM engine service contract with Emirates for its fleet of Boeing 777 aircraft. The agreement includes maintenance and inventory support services of various avionics, electrical power and mechanical products for the Boeing 777 aircraft.
Through this program, GE will also provide maintenance and support services for Emirates' B777 fleet by strengthening its local program management and stock support in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: On The Road Again

Posted: 15 Nov 2011 02:37 PM PST

Cusick’s Corner
Impressive — the bid picked up in the afternoon as the market digested the domestic data and the rate spikes in the EU bond markets. The market is now at a level to challenge to the upside and if we can see 1265 on the S&Ps, we could see the challenge to 1280 pretty quickly. I am off to the Traders Expo in Las Vegas for the rest of the week so I will talk to you tomorrow from Sin City. See you Midday.
Stock market averages finished with modest gains with help from economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Finding Resistance At The 200 Day MV

Posted: 15 Nov 2011 02:36 PM PST

usd/hkd is finding resistance at the 200 day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Wedge Is Starting To Get Narrow.

Posted: 15 Nov 2011 02:36 PM PST

usd/cnh been stuck in a wedge these past few weeks and it is start to get really narrow which means it should break out … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Finds Resistance On Recent Highs.

Posted: 15 Nov 2011 02:36 PM PST

usd/sgd finding resistance on recent highs after breaking above the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Cycle Force In The EURO Is Powerful

Posted: 15 Nov 2011 02:31 PM PST

The truth about the Star Wars villain ‘Darth Vader’ is that he had from a young age a breathing problem and was teased by all the beautiful people and thus had to get back at the universe, we all know what happened, a child out of wedlock, planets blowing up and lots of koalas (or Ewoks) getting hurt,etc. But back to what Darth Vader was good it, he could feel the force. And the cycle force is strong in the Euro.

The last few weeks has seen the Euro and the SP500 to be highly correlated, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SK Telecom To Buy Stake In Hynix

Posted: 15 Nov 2011 02:25 PM PST

SK Telecom Corp Ltd (NYSE:SKM) has agreed to buy a 21% stake in Hynix Semiconductor Inc., the second largest chipmaker, for KRW 3.427 trillion ($3.04 billion).
SK Telecom was the sole bidder for the purchase after STX Corp. withdrew its bid in September, citing market uncertainties and financial woes.
The company would purchase a 15% stake from the issuance of new Hynix shares and the remaining 6% from Hynix creditors. The terms of the deal are yet to be finalized as SK Telecom plans to conduct … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Top Management Churn At ANADIGICS

Posted: 15 Nov 2011 02:25 PM PST

ANADIGICS, Inc. (NASDAQ:ANAD) recently announced that Thomas Shields has resigned from the positions of Chief Operating Officer, Executive Vice President, Chief Financial Officer and Secretary, effective November 14, 2011.
Consequently, Terrence Gallagher, who currently serves as Vice President, Finance and Controller, has been promoted to the positions of Vice President and Chief Financial Officer.  
Meanwhile, Mr. Shields has agreed to provide consulting services to the company for a certain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SL Green To Divest One Court Square

Posted: 15 Nov 2011 02:05 PM PST

SL Green Realty Corp. (NYSE:SLG) recently announced that the company and its joint venture partner have entered into an agreement to sell One Court Square to a consortium of private investors for approximately $340 per square foot. The company expects to accumulate $42.8 million in net proceeds from the transaction. The transaction includes $315 million of existing debt, which will be assumed by the buyer.
The property consists of a 50-story tower and five-storied buildings located on 1.45 acre … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Little Change On Mixed Data

Posted: 15 Nov 2011 09:00 AM PST

11/15/11 NYFP’s Closing Bell Market Report: The Dow jones saw little change this afternoon as weak European data clashed with strong US … [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: 15 Nov 2011 01:55 PM PST

Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.

EUR/USD was trading at 1.3536, down 0.72% 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.

Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.

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

Sinopec To Buy Galp Unit

Posted: 15 Nov 2011 01:50 PM PST

China Petroleum and Chemical Corporation (NYSE:SNP), aka Sinopec, announced plans to acquire a 30% stake in the Brazilian unit of Portuguese oil company Galp Energia SGPS SA. The purchase price has been settled at $3.54 billion. However, considering the future capital expenditure, Sinopec's total cash payout is estimated at around $5.18 billion.
Per the agreement, Sinopec will acquire four deep-water blocks in Brazil’s Santos Basin, and its affiliate – Sinopec International Exploration & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fact Of The Day: N.D. Oil Approaches OPEC Level

Posted: 15 Nov 2011 01:50 PM PST

BLOOMBERG — “Surging crude output in the Bakken shale formation is set to make North Dakota a bigger oil producer than OPEC member Ecuador. The CHART OF THE DAY above tracks North Dakota's production, which has almost doubled in the past two years, as Ecuadorean output has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Analyst Interviews: MedTech Industry Stock Outlook

Posted: 15 Nov 2011 01:36 PM PST

The performance of incumbent players in the MedTech industry continued to be hamstrung by a spate of macro issues (including sustained price and procedure volume pressures) in the September quarter. The prevailing macroeconomic factors, pricing headwinds, austerity measures, reimbursement pressure and the impact of health care reform continues to weigh on the medical devices industry, exacerbated by Europe’s sovereign debt plight.

The beleaguered U.S. implantable defibrillator market continues … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earning Scorecard: Tellabs

Posted: 15 Nov 2011 01:36 PM PST

Tellabs Inc. (NASDAQ:TLAB) reported disappointing third quarter 2011 financial results, falling short of the Zacks Consensus Estimate.
Lower revenue from North America primarily led to the poor performance in the quarter, partially offset by higher international revenue. All the three reporting segments of Tellabs witnessed sales reductions.
Third Quarter Highlights
Total revenue of $313.8 million was down 27% year over year and missed the Zacks Consensus Estimate of $335 million. The year-over-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medical Devices Power Covidien

Posted: 15 Nov 2011 01:36 PM PST

International medical technology major Covidien plc (NYSE:COV) exited fiscal 2011 (ended Sep 30) on a strong note, buoyed by strength of its core Medical Devices business.
The Ireland-based company posted fourth-quarter fiscal 2011 adjusted earnings per share (from continuing operation) of $1.08, topping the Zacks Consensus Estimate by three cents and exceeding the year-ago earnings of 84 cents. Adjusted earnings exclude one-time items such as restructuring and legal charges and tax-related … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

‘A Disturbing Lack Of Hope’

Posted: 15 Nov 2011 01:33 PM PST

When I created the Financial Armageddon blog in December 2006 and published my  book of the same name in March 2007, some commentators accused me of fear-mongering and being prone to hyperbole. Nowadays, of course, day-to-day conditions dictate that mainstream reports include at least a few scary adjectives to convey an accurate sense of where things stand in a world where clueless economists and corrupt spinmeisters keep seeing mythical recoveries on the horizon. Here’s one example, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BofA Offloads CCB Stake Further

Posted: 15 Nov 2011 01:15 PM PST

Once again, Bank of America Corp. (NYSE:BAC) has announced that it will reduce its stake in China Construction Bank ("CCB"). This time, the company would sell most of its remaining holdings (about 10.4 billion shares) in CCB to a group of investors for nearly $6.6 billion.
Like before, the divestiture is backed by the intention to boost BofA's capital position and strengthen its balance sheet in order to reinstate dividend hike and meet Basel III capital requirements, without diluting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grainger’s Sales Run Continues

Posted: 15 Nov 2011 01:06 PM PST

W.W. Grainger Inc. (NYSE:GWW) reported October sales growth of 16% year over year, the highest so far in 2011, continuing with its double-digit growth stint.
Acquisitions added 5 percentage points to growth. Organic sales increased 11% with higher volume contributing 9 percentage points and pricing adding 3 percentage points. However, a 1-percentage point dip from oil spill related sales in the Gulf of Mexico in 2010 was a partial offset.
Geographically, daily sales in the United States increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cosi Continues To Trail

Posted: 15 Nov 2011 01:06 PM PST

Cosi Inc. (NASDAQ:COSI) reported a loss of 3 cents per share in the third quarter of 2011, missing the Zacks Consensus Estimate of break-even. The reported figure was also a penny wider than the year-ago loss per share.
Total revenue, which comprises company-operated restaurant sales and franchise fees and royalties, declined 6.6% year over year to $25.3 million due to the sale of 6 company-owned restaurants to a franchisee in the quarter as well as the decrease in company-owned comps.
A decline in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 15 Nov 2011 12:55 PM PST

Forexpros – The British Pound was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.

GBP/USD was trading at 1.5820, down 0.57% at time of writing.

The pair was likely to find support at 1.5800, today's low, and resistance at 1.6093, Friday's high.

Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.

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

Netflix Partners With Lionsgate UK

Posted: 15 Nov 2011 12:50 PM PST

Netflix Inc. (NASDAQ:NFLX) has entered into an exclusive multi-year licensing agreement with Lionsgate UK, a subsidiary of Lions Gate Entertainment Corp. (NYSE:LGF), for streaming the latter's feature films in the United Kingdom (UK) and Ireland. Netflix is expected to launch its online services in these countries in early 2012 and the company is taking every possible measure to make a grand entry into the aforementioned regions.
In lieu of the agreement, Netflix customers in the U.K. and Ireland … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Symantec Sheds Huawei Stake

Posted: 15 Nov 2011 12:50 PM PST

Internet security major Symantec Corporation (NASDAQ:SYMC) recently offloaded 50.0% of its stake in the Hong Kong-based joint venture, Huawei Symantec. Symantec expects to generate transaction proceeds worth $530.0 million, which is below the market expectation.
The joint venture dates back to 2007, when after several rounds of negotiations, Huawei and Symantec announced the establishment of the joint venture company Huawei Symantec on May 15th, 2007. Huawei Symantec, however, became operational on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: TransDigm Group

Posted: 15 Nov 2011 12:40 PM PST

TransDigm Group Incorporated (NYSE:TDG) is slated to release its fourth-quarter 2011 results on Thursday, November 17, 2011. The current Zacks Consensus Estimate for fourth quarter earnings per share (EPS) is $1.16, representing an annualized growth of 15.78%. For fiscal 2011, the Zacks Consensus Estimate is $3.02, representing an annualized growth of 16.76%.  
TransDigm's earnings exceeded the Zacks Consensus Estimate over the previous trailing three quarters with an average positive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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

Posted: 15 Nov 2011 12:30 PM PST

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Tuesday after the release of U.S. data on Retail Sales.

USD/CHF was trading at 0.9146, up 0.70% at time of writing.

The pair was likely to find support at 0.8954, Friday's low, and resistance at 0.9198, today's high.

Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.

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

Forex – USD/CAD Up In U.S. Trade

Posted: 15 Nov 2011 12:10 PM PST

Forexpros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of U.S. data on Retail Sales.

USD/CAD was trading at 1.0198, up 0.29% at time of writing.

The pair was likely to find support at 1.0086, Monday's low, and resistance at 1.0266, Thursday's high.

Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.

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

Forex – EUR/USD Down In U.S. Trading Hours

Posted: 15 Nov 2011 11:45 AM PST

Forexpros – The Euro was lower against the U.S. Dollar on Tuesday after the release of euro zone data on German ZEW Economic Sentiment.

EUR/USD was trading at 1.3538, down 0.71% 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.

Earlier in the day, data showed that German ZEW economic sentiment fell more-than-expected to -55.2 last month, from -48.3 in the preceding month.

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

Forex – AUD/USD Down In U.S. Trade

Posted: 15 Nov 2011 11:15 AM PST

Forexpros – The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.

AUD/USD was trading at 1.0184, down 0.21% at time of writing.

The pair was likely to find support at 1.0053, Thursday's low, and resistance at 1.0342, Monday's high.

Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.

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

The Trend Trader For Forex Trading On Wednesday, November 16, 2011

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, November 16, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0177
− 0.26
1.0211
1.0248

Bearish

EURUSD – Euro / US Dollar
1.3536
− 0.70
1.3647
1.3696

Bearish

GBPUSD – British Pound / US Dollar
1.5821
− 0.55
1.5944
1.6025

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0208
+ 0.46
1.0168
1.0150

Bullish

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

The Trend Trader For Stock Trading On Wednesday, November 16, 2011

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, November 16, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.36
− 0.19
10.43
10.58

Bearish

AXP – American Express Company
49.95
+ 1.01
49.85
50.23

Neutral

BA – Boeing Co
67.94
0.00
67.51
66.17

Bullish

BAC – Bank of America Corporation
6.13
+ 1.32
6.14
6.27

Bearish

CAT – Caterpillar Inc
97.07
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, November 16, 2011

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, November 16, 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
109.74
− 0.13
109.80
109.93

Bearish

BND – Vanguard Total Bond Market ETF
83.55
− 0.06
83.58
83.72

Bearish

DBC – DB Commodity Index Tracking Fd
28.05
+ 0.72
27.99
28.15

Neutral

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Wednesday, November 16, 2011

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, November 16, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Dec ESZ1
1254.00
+ 0.12
1254.56
1253.17

Neutral

Dow Jones – Dec YMZ1
12038
− 0.18
12060
11982

Neutral

Nasdaq – Dec NQZ1
2359.75
+ 0.71
2348.11
2345.42

Bullish

Russell – Dec TFZ1
739.30
+ 0.75
736.21
737.60

Bullish

INTEREST RATES

US T-Bond – Dec ZBZ1
141-16
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily FTSE Technical Update

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com
by, James A. Hyerczyk
The FTSE closed slightly lower on Tuesday following a slow almost lifeless trade. Volume was light for a fourth consecutive day as an air of uncertainty continued to dominate the trade. With the index trading at or near key 50% levels, traders opted to move the market in a sideways fashion. Without clarity and conviction behind a decision, the index is likely to remain in a range over the short-run until either the bulls or the bears begin to commit to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Indices Update: E-mini Dow ($5) Futures

Posted: 15 Nov 2011 04:04 AM PST

By ForexMansion.com
by, James A. Hyerczyk
The E-mini Dow Futures contract crossed a resistance key level at 12091.50, signaling a possible breakout to the upside. Like any breakout trade, this pattern will need momentum in order to succeed in reaching the Autochartist forecast zone at 12283.65 to 12553.90.
The first sign that this market may have to regroup before making another attempt to move higher was the lack of follow-through to the upside after the initial penetration of the resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Daily Commodities Update: Coffee

Posted: 15 Nov 2011 01:33 AM PST

By ForexMansion.com
By Jonah S. Ford
 
Coffee futures executed a breakout from a broad Rectangle chart pattern identified by Autochartist this week. Follow-through has so far been muted, allowing time to position at the current levels in anticipation of a continuation towards the target.

The pattern scores 8 bars in the Clarity and Initial Trend categories, with an overall Quality ranking of 6 bars. Key Level supports have not yet established but are likely to do so as the top of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What’s Really Driving Gold?

Posted: 14 Nov 2011 10:00 PM PST

Today I'm in New York to participate on a panel at Terrapin's Commodities Week 2011 Conference. This is one of the most important gatherings of commodities investors and traders in the world.
Yesterday, I had the opportunity to stop by the InvestmentNews offices to speak with Mark Bruno regarding higher gold prices. One of several key factors influencing gold's recent price action is negative real interest rates.
Whenever a country has negative real rates, meaning the inflationary rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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