Tuesday, December 27, 2011

DailyMarkets.com - Big And Bigger

DailyMarkets.com - Big And Bigger


Big And Bigger

Posted: 27 Dec 2011 05:18 PM PST

It’s that time again…
“Obama to Ask for Debt Limit Hike: Treasury Official” (Reuters)
The White House plans to ask Congress by the end of the week for an increase in the government’s debt ceiling to allow the United States to pay its bills on time, according to a senior Treasury Department official on Tuesday.
The approval is expected to go through without a challenge, given that Congress is in recess until later in January and the request is in line with an agreement to keep the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Dips On Italian Bond Worries

Posted: 27 Dec 2011 04:45 PM PST

Forexpros – The euro fell against the dollar Wednesday as investors sold the currency on fears that upcoming bond auctions in Italy will reveal still shaky government finances despite a string of policies designed to ease the overall European crisis.

EUR/USD hit 1.3069 during early Asian trading, down 0.02%, up from a session low of 1.3063 and off from a high of 1.3074.

The pair was likely to find support at 1.3063, Wednesday’s low, and resistance at 1.3096, Friday's high.

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


Forex – USD/JPY Down On Economic Data

Posted: 27 Dec 2011 04:15 PM PST

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.

USD/JPY was trading at 77.86, down 0.03% at time of writing.

The pair was likely to find support at 77.80, Tuesday's low, and resistance at 78.23, Friday's high.

Earlier in the day, preliminary data showed that Industrial production in Japan fell more-than-expected to a seasonally adjusted -2.6% last month from 2.2% in the preceding month.

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


Japan’s Industrial Production Falls More-than-expected

Posted: 27 Dec 2011 04:05 PM PST

Forexpros – Industrial production in Japan fell more-than-expected last month, preliminary data showed on Tuesday.

In a report, the Ministry of Economy, Trade and Industry said that industrial production fell to a seasonally adjusted -2.6%, from 2.2% in the preceding month.

Analysts had expected industrial production to fall -0.7% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wendy’s Japan Entices With Gourmet Menu

Posted: 27 Dec 2011 03:58 PM PST

12/27/11 Wendy’s launched its joint venture with Higa Industries in Tokyo, Japan. The Omotesandō restaurant features foie gras, truffle sauce, porcini mushroom, wasabi and avocado as part of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Japan’s Unemployment Rate Remains Unchanged

Posted: 27 Dec 2011 03:40 PM PST

Forexpros – Japan's unemployment rate remained unchanged last month, official data showed on Tuesday.

In a report, the Statistics Bureau said that the percentage of the total work force that is unemployed and actively seeking employment during the previous month remained unchanged at a seasonally adjusted 4.5%, from 4.5% in the preceding month.

Analysts had expected the rate of unemployment to remain unchanged at 4.5% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – NZD/USD Down In Asian Trade

Posted: 27 Dec 2011 03:35 PM PST

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

NZD/USD was trading at 0.7722, down 0.10% at time of writing.

The pair was likely to find support at 0.7667, Thursday's low, and resistance at 0.7758, Friday's high.

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.03% to hit 1.3144 and EUR/NZD rising 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


FDA Nod For Quidel’s HMPV Test

Posted: 27 Dec 2011 03:25 PM PST

Leading diagnostic test solutions provider Quidel Corporation (NASDAQ:QDEL) has won the approval of the U.S. Food and Drug Administration ("FDA") for its new virus test dubbed the "Quidel Molecular hMPV Assay". The test is designed for the detection of human metapneumovirus (hMPV) infection.
The Quidel Molecular hMPV is among the several promising upcoming assays from the California-based company's expanding molecular diagnostics programs. Quidel received European CE Mark for the test in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: No Dull Market For Grains

Posted: 27 Dec 2011 03:23 PM PST

Cusick’s Corner
This is a dull market with little or no action into the After Hours. The day was mixed with Tech, XLK/QQQ, Energy, XLE, and Discretionary, XLY, all outperforming the S&Ps, SPY, which is the primary reason that we saw the markets hold in this holiday trading week. I will be watching commodity markets, JJG, tomorrow and will be keeping a close eye on Corn, CORN, which up until today was lagging the physical, CH12. This might be an interesting play early in the session. See you … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDCNH Hits Trendline

Posted: 27 Dec 2011 03:22 PM PST

As we advertised yesterday the USDCNH pair had been under pressure and was poised to test trendline support, which the pair has done and since appreciated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Midweek Medley: Light Calendar, Italian Bond Auction

Posted: 27 Dec 2011 03:20 PM PST

12/27/11 The global economic calendar will be fairly light on Wednesday. The Italian bond auctions on Wednesday and Thursday will be closely … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Neutral On Kinross Gold

Posted: 27 Dec 2011 03:05 PM PST

We maintain our Neutral recommendation on Kinross Gold Corporation (NYSE:KGC), primarily involved in the exploration and operation of gold mines. Kinross currently ranks among the top 10 gold mining companies in the world, with a targeted production of 2 million oz of gold annually. The company is also engaged in producing and selling silver.
Kinross Gold reported record adjusted earnings per share of $0.24 in the third quarter of 2011, outpacing the Zacks Consensus Estimate of $0.21. Strong … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Whitestone Expands In Phoenix

Posted: 27 Dec 2011 03:05 PM PST

Whitestone REIT (WSR) recently announced that it has acquired Phase I of Pinnacle of Scottsdale, a Class A community center in North Scottsdale, for $29 million.
The 113,108 square foot property is located at the high visibility intersection of North Scottsdale Road and Pinnacle Peak Road and primarily offers retail goods and services to the surrounding community, comprising some of the exclusive neighborhoods in Phoenix.
The acquired property is currently 100% leased and represents the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Salix Scores With Oral Relistor

Posted: 27 Dec 2011 02:50 PM PST

Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) and Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) recently received good news on the pipeline front with their opioid-induced constipation (OIC) treatment, oral Relistor (methylnaltrexone) achieving its primary endpoints in a phase III study.
The 804-patient phase III trial was conducted to evaluate the safety and efficacy of oral Relistor for the treatment of (OIC) in patients with chronic, non-cancer pain. Three once-daily dosing regimens of oral Relistor were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


NYSE-Boerse Merger Approved In US

Posted: 27 Dec 2011 02:40 PM PST

More than 10 months after the announcement of the proposed $9 billion merger between NYSE Euronext Inc. (NYSE:NYX) and Frankfurt-based Deutsche Boerse, the deal finally managed to get the anti-trust clearance from the US Justice Department last week.
However, with a view to limit the market share of the merged entity, the US Justice Department demanded the sale of the 31.5% ownership stake of Deutsche Boerse's wholly-owned subsidiary, International Securities Exchange, in Direct Edge Holdings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Alexion Cut To Neutral

Posted: 27 Dec 2011 02:30 PM PST

We recently downgraded Alexion Pharmaceuticals Inc. (NASDAQ:ALXN) from Outperform to Neutral. Our target price on the stock is $73.00.
Even though pleased with the label expansion of Alexion's sole marketed product, Soliris in the US and EU for the atypical hemolytic uremic syndrome (aHUS) indication in 2011, we believe that it will take some time before sales from the additional indication start contributing meaningfully to total revenues. Moreover, the small patient population for aHUS limits … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Rig Count Stumbles

Posted: 27 Dec 2011 02:19 PM PST

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE:BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of natural gas-directed rigs, partially offset by improved oil rig count.
The Baker Hughes rig count, issued since 1944, acts as an important yardstick for drilling contractors such as Transocean Inc. (NYSE:RIG), Diamond Offshore (NYSE:DO), Noble Corp. (NYSE:NE), … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Southwest Strikes New Labor Deal

Posted: 27 Dec 2011 02:10 PM PST

One of the leading discounted carriers in the US, Southwest Airlines (NYSE:LUV) reported that the company's union of flight attendants has entered into a tentative Seniority Integration Agreement with the union of flight attendants of AirTran Airways.
The agreement has already been approved by the executive boards of the Transport Workers Union 556, representing the union of Southwest Airlines Flight Attendants as well as the Association of Flight Attendants Council 57, representing the union of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets Begin Abbreviated Week Unchanged

Posted: 27 Dec 2011 09:00 AM PST

12/27/11 Led by mixed economic data and light holiday trading volume, US stocks barely moved to close out the first trading session of the abbreviated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 27 Dec 2011 01:55 PM PST

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

EUR/USD was trading at 1.3069, up 0.07% at time of writing.

The pair was likely to find support at 1.3019, Thursday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.15% to hit 0.8342 and EUR/JPY falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


AngioDynamics Concludes Enrollment

Posted: 27 Dec 2011 01:50 PM PST

Therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) recently reported that it has completed the patient enrollment for the European clinical trial of its popular tumor-zapping NanoKnife system for the treatment of locally advanced unresectable pancreatic cancer.
The company-sponsored European trial has been designed to assess the safety and viability of the NanoKnife System in treating locally advanced unresectable pancreatic cancer.
Patients having tumors with sizes not more than 4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Government Awards Continue For CSC

Posted: 27 Dec 2011 01:50 PM PST

Technology major Computer Sciences Corporation (NYSE:CSC) recently announced that it has entered into a one-year contract worth $67.0 million with the U.S. Department of Homeland Security (DHS). The agreement bears a one-year and two six-month extension options.
The company has a long-term relationship with the DHS, spanning for almost 10 years. As per the terms of the recent agreement, CSC will provide program management, research and analysis, operations, maintenance, security and user access … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Ventas Upgraded To Outperform

Posted: 27 Dec 2011 01:30 PM PST

We have recently upgraded the long-term recommendation for Ventas Inc. (NYSE:VTR), a premier healthcare real estate investment trust (REIT), from Neutral to Outperform primarily driven by its healthy third quarter 2011 results and strong growth perspectives.
Ventas is engaged in the business of financing, owning and leasing healthcare-related and senior housing facilities. The company has one of the largest and most diversified portfolios in the healthcare sector with exposure to all types of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Nelnet Reaffirmed At Neutral

Posted: 27 Dec 2011 01:30 PM PST

We have recently reiterated our Neutral recommendation on the shares of Nelnet Inc. (NYSE:NNI) following a detailed analysis of the company fundamentals in light of the current economic and legislative environment. The company reported third-quarter 2011 earnings of $1.22 per share, 11 cents ahead of the Zacks Consensus Estimate, but down from the prior-year quarter's earnings by a penny.
Nelnet's results reflected the benefits from the diversification of its revenue through fee-based … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: RedNek Wine Glass

Posted: 27 Dec 2011 01:26 PM PST

MSNBC — “America’s love affair with the irreverent, tacky and politicallyincorrect is making millions for at least one business. Carson HomeAccents, a 41-year-old, family-owned company based in Freeport,Pa., struck gold recently when it started manufacturing and sellingRedNek Wine Glasses. The company, a wholesaler of gift and homedecor items, started making the wine glass — simply a Ball Masonjar glued on top of a Libbey candlestick holder — 10 months ago,and in less than a year, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What Will 2012 Bring For Global Monetary Policy?

Posted: 27 Dec 2011 01:24 PM PST

The year of 2011 was an interesting and eventful year in monetary policy.  As the chart below shows, the GDP weighted average interest rate of central banks crept up in the first half of the year as commodity prices remained buoyant, economic recoveries showed signs of gaining momentum, and inflation was the key concern in emerging markets.  But this was then followed by a reversal in course in the later part of the year as the specter of the European debt crisis and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


U.S. Markets Close Higher; Dow Jones Up 0.07%

Posted: 27 Dec 2011 01:15 PM PST

Forexpros – U.S. stocks were up after the closing bell on Tuesday.

At the close of U.S. trade, the Dow Jones Industrial Average rose 0.07%, the S&P 500 index gained 0.01%, while the Nasdaq 100 index climbed 0.12%.

Meanwhile, across the Atlantic, European stock markets were mixed at close. France's CAC 40 was up 0.03%; Germany's DAX gained 0.18%; Britain's FTSE 100 climbed 1.02%; and the EURO STOXX 50 fell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Nissan Makes 3rd December Recall

Posted: 27 Dec 2011 01:10 PM PST

Nissan Motor Co. (NASDAQ:NSANY) recalled new sets of vehicles for the third time in December due to safety issues. The recall included 14,000 units of 2011 Infiniti FX, 2012 Infiniti M, and the 2011-2012 Nissan Frontier, Xterra, Pathfinder and NV due to faulty engine bolts.
The company has revealed that the defective bolts in the vehicles may break, leading to oil leaks and engine failure. It has begun the investigation on the vehicles, manufactured between June and September this year, after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Rite Aid Stays Neutral

Posted: 27 Dec 2011 01:05 PM PST

We have maintained our long-term Neutral recommendation on Rite Aid Corporation (NYSE:RAD). Headquartered in Camp Hill, Pennsylvania, the company is the third largest retail drugstore in the U.S. based on revenues and number of stores. With 4,714 stores, the company operates in 31 states across the country and in the District of Columbia.
A recent trend in the U.S. is a growing demand for generic drugs. Generic (non-brand) drugs are less expensive but generate higher gross margin. The company is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


1st Super-Computer (1956) V. Today’s Flash Drives

Posted: 27 Dec 2011 01:04 PM PST

Click to enlarge.
Source: Retronaut via Tim … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Italy Fines Apple For Misleading Consumers

Posted: 27 Dec 2011 08:00 AM PST

12/27/11 Italy’s Antitrust Authorty fined Apple 900,000 euros Tuesday concerning the its handling of customer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 27 Dec 2011 12:55 PM PST

Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.

GBP/USD was trading at 1.5670, up 0.24% at time of writing.

The pair was likely to find support at 1.5583, Friday's low, and resistance at 1.5729, Thursday's high.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.16% to hit 0.8340 and GBP/JPY rising 0.09% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


OfficeMax Walks The Tightrope

Posted: 27 Dec 2011 12:50 PM PST

We have a long-term Neutral recommendation on OfficeMax Inc. (NYSE:OMX) with a price target of $4.75. The company provides office supplies and paper, print and document services, technology products and solutions as well as office furniture to business firms, government organizations and other retail consumers.
The Balancing Act
As the economy continues to be sluggish, consumers and small businesses remain frugal about big-ticket spending like business machines and other durables. Therefore, we … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Medtronic CEO To Speak At Conference

Posted: 27 Dec 2011 12:35 PM PST

Leading medical devices player, Medtronic (NYSE:MDT) has decided to participate in the annual JP Morgan Healthcare Conference on January 9, 2012. The company will be represented by its chairman and CEO, Omar Ishrak, at the conference.
The Minneapolis based company continues to face significant challenges as its core segments, ICDs and Spinal, accounting for 40% of the business, are on a declining trend. The situation becomes more challenging with the current economic uncertainty and austerity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 27 Dec 2011 12:30 PM PST

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

USD/CHF was trading at 0.9344, down 0.19% at time of writing.

The pair was likely to find support at 0.9308, Thursday's low, and resistance at 0.9400, Thursday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.08% to hit 1.3070 and USD/JPY falling 0.14% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Novo Files Degludec In Japan

Posted: 27 Dec 2011 12:25 PM PST

Novo Nordisk (NYSE:NVO) recently filed a regulatory application for its much anticipated pipeline candidate, Degludec, in Japan with the Pharmaceuticals and Medical Devices Agency (PMDA). Novo Nordisk has already applied for the approval of Degludec and Degludec Plus in the US and EU.
Degludec and DegludecPlus are next-generation insulin analogues for the treatment of type I and type II diabetes. Degludec is an ultra long-acting basal insulin while DegludecPlus is a fixed ratio combination of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Bulls Dreaming Of A Green Christmas

Posted: 27 Dec 2011 12:22 PM PST

Cusick’s Corner
It’s a Green Christmas, so the bulls must have been not naughty, but nice. As I type this, my kids are staring at me, wondering when I am going to shut this computer down and take them somewhere. Enjoy the long weekend, the markets are closed Monday. Happy Holidays to all of you!
Trading slowed to a crawl ahead of the three-day holiday weekend. The economy was back in focus early Friday after a report showed Durable Goods up 3.8 percent in November, which was significantly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Risk On, Currency Off

Posted: 27 Dec 2011 12:22 PM PST

Cusick’s CornerRisk assets, stocks, are quietly holding up while currency markets are weak. Gold traders, GLD traders, should consider looking to the currency trade to flag strength or weakness. This is a tough week to trade on technicals or fundamentals mostly because the larger players are off the desk. This is a market in which you need to be focused and disciplined. See you After Hours.

Stock market averages are holding modest gains with help from economic data Tuesday. Stock index futures … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: EURUSD Can’t Break. Narrow Ranges Dominate. Italian Debt Auctions Ahead.

Posted: 27 Dec 2011 12:22 PM PST

CLICK TO OPEN PDF … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Updates On The Shale Revolution

Posted: 27 Dec 2011 12:14 PM PST

1. Wall Street Journal — “Shale-gas production is spurring construction of plants that make chemicals, plastics, fertilizer, steel and other products. A report issued earlier this month by PricewaterhouseCoopers LLC estimated that such investments could create a million U.S. manufacturing jobs over the next 15 years.

Even foreign manufacturers are joining in. Low U.S. electricity and natural gas costs were a factor in the decision by Brazil’s Santana Textiles to build a $180 million denim … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Down In U.S. Trade

Posted: 27 Dec 2011 12:10 PM PST

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

USD/CAD was trading at 1.0184, down 0.20% at time of writing.

The pair was likely to find support at 1.0178, today's low, and resistance at 1.0281, Thursday's high.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.09% to hit 1.3071 and GBP/USD rising 0.26% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 27 Dec 2011 11:45 AM PST

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

EUR/USD was trading at 1.3070, up 0.08% at time of writing.

The pair was likely to find support at 1.3019, Thursday's low, and resistance at 1.3196, Wednesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.16% to hit 0.8341 and EUR/JPY falling 0.07% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – AUD/USD Down In U.S. Trade

Posted: 27 Dec 2011 11:15 AM PST

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

AUD/USD was trading at 1.0159, down 0.10% at time of writing.

The pair was likely to find support at 1.0062, Thursday's low, and resistance at 1.0182, Friday's high.

Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.23% to hit 1.2872 and AUD/JPY falling 0.23% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, December 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
109.94
+ 0.15
109.80
109.81

Bullish

BND – Vanguard Total Bond Market ETF
83.09
− 0.24
83.36
83.50

Bearish

DBC – DB Commodity Index Tracking Fd
27.12
+ 0.44
26.98
26.66

Bullish

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


The Trend Trader For ETF Trading On Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, December 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
109.94
+ 0.15
109.80
109.81

Bullish

BND – Vanguard Total Bond Market ETF
83.09
− 0.24
83.36
83.50

Bearish

DBC – DB Commodity Index Tracking Fd
27.12
+ 0.44
26.98
26.66

Bullish

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 Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, December 28, 2011

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.79
− 0.79
8.87
8.78

Neutral

AXP – American Express Company
47.66
− 0.60
47.73
47.44

Neutral

BA – Boeing Co
74.27
+ 0.41
74.10
72.87

Bullish

BAC – Bank of America Corporation
5.48
− 2.14
5.49
5.38

Neutral

CAT – Caterpillar Inc
91.55
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, December 28, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1260.25
0.00
1253.58
1238.83

Bullish

Dow Jones – Mar YMH2
12219
+ 0.02
12159
12036

Bullish

Nasdaq – Mar NQH2
2284.50
+ 0.26
2270.83
2258.00

Bullish

Russell – Mar TFH2
747.20
+ 0.48
743.52
731.30

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
142-14
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, December 28, 2011

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1260.25
0.00
1253.58
1238.83

Bullish

Dow Jones – Mar YMH2
12219
+ 0.02
12159
12036

Bullish

Nasdaq – Mar NQH2
2284.50
+ 0.26
2270.83
2258.00

Bullish

Russell – Mar TFH2
747.20
+ 0.48
743.52
731.30

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
142-14
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Wednesday, December 28, 2011

Posted: 27 Dec 2011 04:03 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, December 28, 2011

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0155
+ 0.12
1.0139
1.0081

Bullish

EURUSD – Euro / US Dollar
1.3070
+ 0.18
1.3061
1.3075

Neutral

GBPUSD – British Pound / US Dollar
1.5670
+ 0.56
1.5653
1.5607

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0186
− 0.13
1.0206
1.0264

Bearish

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


Jesse Livermore, Investing For Dummies

Posted: 26 Dec 2011 11:30 PM PST

Newbie’s to the stock market game are often advised they should read the Jesse Livermore book called ‘Reminiscences of a Stock operator – Stock Trading Strategy’. We agree with this advice, and it is a good read, but there is not a single stock chart in the book explaining Livermore ‘pivot point’ method. There should be because Livermore strategy is a good one.

Reference: Jesse Livermore website , Jesse Livermore secret to success

It must be noted first, that much of Richard Wyckoff methods … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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