DailyMarkets.com - Viral Genetics Has Made Great Progress In 2011

---

• Viral Genetics Has Made Great Progress In 2011
• Forex Trading: Euro Back Where We Started….
• Forex – EUR/GBP Erases Gains After Strong U.K. GDP Data
• Oil And Gold Aim Higher But Euro Debt Crisis Fears May Snuff Rally
• Forex – USD/CHF Steady Ahead Of Holiday Weekend
• Copper Futures Gain On China Demand Outlook
• Forex – Dollar Lower Vs. Rivals As Market Sentiment Rebounds
• U.K. Q3 Current Account Deficit Widens To Record High
• U.K. Final GDP Rises More-than-expected In Q3
• Forex Trading: European Equities Open Higher, Risk-on.
• Forex Trading: GBP/USD Testing Resistance @ 1.57246.
• European Stocks Higher In Thin Trade; DAX Up 1.12%
• Crude Oil Tops USD99 After Largest U.S. Supply Drop Since 2001
• Forex – GBP/USD Higher As Market Sentiment Improves
• Forex – USD/JPY Steady After BOJ Report
• Gold Futures Edge Higher In Thin Trade, EU Debt Woes In Focus
• Forex – AUD/USD Higher But Gains Limited
• Forex – NZD/USD Edges Lower As E.Z. Concerns Persist
• Asia Stocks Drop As Euro Zone Fears Weigh; Nikkei Down 0.8%
• Forex – EUR/USD Close To 11-month Low On E.Z. Worries
• New Zealand GDP Expands More-than-expected In Q3
• Bear Of The Day: HSBC Holdings Plc
• Bull Of The Day: Norfolk Southern Corp. (NSC)
• Growth & Income Stock: Kennametal Inc.
• Momentum Stock: Standard Motor Products, Inc.
• Aggressive Growth Stock: Unisys
• Pipeline Progress At Alkermes
• NYC Rent Control Laws Go To The Supreme Court
• Forex – GBP/USD Slips On Europe Loan Package Reaction
• Forex – Dollar Tempers Gains, Digests Europe Loan Deal
• Asia Stocks Dip On Fresh Europe Fears; Nikkei Down 0.45%
• 2012 Stock Market Predictions
• Gold Futures Rise As Market Brushes Off Loan Deal
• UN Data: China Is Now World’s No. 1 Manufacturer, But It Requires 9-10 TImes As Many Workers As U.S.
• Gold’s Secular Bull Cycles And Its ABCD Pattern
• Crude Oil Futures Firm On Dwindling U.S. Inventories
• Forex – EUR/USD Falls As Market Shrugs Off Loan Package

Viral Genetics Has Made Great Progress In 2011 Posted: 22 Dec 2011 03:50 AM PST Viral Genetics Has Made Great Progress in 2011   Grant Zeng, CFA During 2011, under the leadership of its CEO Haig Keledjian, Viral Genetics (VRAL) has made great progress in terms of business development, financing and clinical advancement. Below are summary of key achievements: Viral Genetics Settled Litigation and Reacquired African Rights for HIV/AIDS Products In January 2011, Viral Genetics entered into a binding Release and Settlement Agreement with Timothy and Thomas LLC … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Euro Back Where We Started…. Posted: 22 Dec 2011 03:23 AM PST Since the last post the pair found resistance at 1.31161 and is back trading around 1.3050. We've seen heavy selling in the last hour, USD gaining strength, with the low being 1.3033; support is been shown at this level … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Erases Gains After Strong U.K. GDP Data Posted: 22 Dec 2011 02:33 AM PST Forexpros – The euro erased gains against the pound on Thursday, trading close to the previous day's 11-month low after official data showed that the U.K. economy grew more-than-initially estimated in the third quarter. EUR/GBP pulled back from a session high of 0.8346 during European morning trade to subsequently consolidate at 0.8322, easing down 0.02%. The pair was likely to find short-term support at 0.8302, Wednesday's low and an 11-month low and resistance at 0.8375, Wednesday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil And Gold Aim Higher But Euro Debt Crisis Fears May Snuff Rally Posted: 22 Dec 2011 02:30 AM PST Talking Points Crude Oil Outlook Hinges on Draghi/King Press Conference Gold to Rise if Rebound in Risk Appetite Proves to Hold Up WTI Crude Oil (NY Close): $98.67 // +1.45 // +1.49% Crude oil prices continued to press higher yesterday after the DOE weekly inventory report showed stockpiles fell by 10.6 million barrels, marking the largest draw-down in over a decade. Continued gains are tipped ahead as S&P 500 trade higher, hinting at a broad-based recovery in risk-linked assets including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Steady Ahead Of Holiday Weekend Posted: 22 Dec 2011 02:14 AM PST Forexpros – The U.S. dollar was almost unchanged against the Swiss franc on Thursday, as trading volumes were thin ahead of the Christmas holiday weekend while concerns over the debt crisis in the euro zone continued to weigh. USD/CHF hit 0.9308 during European morning trade, the daily low; the pair subsequently consolidated at 0.9351, shedding 0.05%. The pair was likely to find support at 0.9242, Wednesday's low and resistance at 0.9414, the high of December 16. Many traders closed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Futures Gain On China Demand Outlook Posted: 22 Dec 2011 02:00 AM PST Forexpros – Copper futures rose for a third day on Thursday, trading just below the previous session's one-week high amid indications demand from top consumer China was strengthening, while a weaker U.S. dollar also lent support. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.420 a pound during European morning trade, climbing 0.75%. It earlier rose by as much as 0.85% to trade at a session high of USD3.424 a pound. Prices rose … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Lower Vs. Rivals As Market Sentiment Rebounds Posted: 22 Dec 2011 01:47 AM PST Forexpros – The U.S. dollar was broadly lower against its major counterparts on Thursday, as many traders closed books to lock in profit before the end of the year amid lingering concerns over the debt crisis in the euro zone. During European morning trade, the dollar was lower against the euro, with EUR/USD rising 0.36% to hit 1.3095. The single currency came under pressure earlier as the European Central Bank failed to convince markets that its unprecedented three-year loan of EUR489.19 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Q3 Current Account Deficit Widens To Record High Posted: 22 Dec 2011 01:45 AM PST Forexpros – The U.K.'s current account deficit widened unexpectedly to highest level since records began in 1955 during the third quarter, official data showed on Tuesday. In a report, the U.K.'s National Statistics Office said that the U.K. current account recorded a seasonally adjusted deficit of GBP15.2 billion in the third quarter, increasing from a deficit of GBP7.4 billion in the preceding quarter, whose figure was revised from a deficit of GBP2.0 billion. Economists had expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.K. Final GDP Rises More-than-expected In Q3 Posted: 22 Dec 2011 01:40 AM PST Forexpros – The U.K. economy expanded more-than-initially estimated in the third quarter, official data showed on Thursday. In a report, the U.K.'s Office for National Statistics said gross domestic product increased at a seasonally adjusted rate of 0.6% during the third quarter, up from a preliminary estimate of 0.5%. Annualized GDP rose at a rate of 0.5%, in line with expectations and unrevised from an initial estimate. The report showed that output of the production industries rose by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: European Equities Open Higher, Risk-on. Posted: 22 Dec 2011 01:18 AM PST The USD is at session lows against all of the majors after European equities opened firmer: Euro stoxx +1.20%, FTSE + .60%, CAC +1.23%, DAX +1.21%. The EUR/USD made a move higher following the open of these markets with the high testing the 38.2% fibo line on the move from December 19th lows to yesterday's high. The next bullish target is the 0.0% line; 1.30919 if resistance is found here. Also note that our upward trend line, which began on December 14th, is still showing the pair … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: GBP/USD Testing Resistance @ 1.57246. Posted: 22 Dec 2011 01:18 AM PST With the taste of risk in the market in recent trading the GBP/USD is testing resistance at 1.57246; a support level from earlier in the month. If momentum continues we should see trading towards … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Higher In Thin Trade; DAX Up 1.12% Posted: 22 Dec 2011 01:12 AM PST Forexpros – European stock markets were higher on Thursday, as market sentiment improved in thin trade although concerns over the effects of the European Central Bank's unprecedented loan operation continued to linger. During European morning trade, the EURO STOXX 50 climbed 1.12%, France's CAC 40 advanced 1.13%, while Germany's DAX 30 added 1.12%. The central bank allotted EUR489.19 billion, the largest amount ever allotted for a long-term refinancing operation, in an attempt to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Tops USD99 After Largest U.S. Supply Drop Since 2001 Posted: 22 Dec 2011 12:56 AM PST Forexpros – Crude oil futures extended gains from the previous session on Thursday, trading above USD99-a-barrel supported by a broadly weaker U.S. dollar and amid indications U.S. oil demand was strengthening. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD99.09 a barrel during European morning trade, climbing 0.43%. It earlier rose by as much as 0.73% to trade at USD99.40 a barrel, the highest since December 14. Crude's gains came … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Higher As Market Sentiment Improves Posted: 22 Dec 2011 12:43 AM PST Forexpros – The pound was higher against the U.S. dollar on Thursday, as market sentiment rebounded in holiday trade and investors eyed a final report on third-quarter U.K. gross domestic product. GBP/USD hit 1.5729 during European morning trade, the daily high; the pair subsequently consolidated at 1.5724, climbing 0.29%. Cable was likely to find support at 1.5609, the low of December 8 and resistance at 1.5812, the high of November 17. Many traders have closed books to lock in profit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Steady After BOJ Report Posted: 22 Dec 2011 12:30 AM PST Forexpros – The U.S. dollar was almost unchanged against the yen on Thursday, after the Bank of Japan said the country's recovery has slowed down and as fears over the handling of the euro zone's debt crisis persisted. USD/JPY hit 78.02 during early European trade, the daily low; the pair subsequently consolidated at 78.05, edging down 0.01%. The pair was likely to find support at 77.71, the low of December 19 and resistance at 78.27, the high of November 29. Trading volumes were thin … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Edge Higher In Thin Trade, EU Debt Woes In Focus Posted: 22 Dec 2011 12:18 AM PST Forexpros – Gold futures edged higher in thin trade on Thursday, firming above USD1,600-an-ounce as a broadly weaker U.S. dollar underlined prices amid ongoing concerns over the euro zone's sovereign debt crisis. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,616.45 a troy ounce during early European morning trade, gaining 0.18%. It earlier rose by as much as 0.25% to trade at a daily high of USD1,617.75 a troy ounce. Gold … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Higher But Gains Limited Posted: 22 Dec 2011 12:06 AM PST Forexpros – The Australian dollar edged higher against its U.S. counterpart on Thursday, but gains were limited as markets were jittery after the unexpectedly high demand met by the European Central Bank for its three-year loan package. AUD/USD hit 1.0119 during late Asian trade, the daily high; the pair subsequently consolidated at 1.0117, gaining 0.14%. The pair was likely to find support at 0.9979, the low of December 13 and resistance at 1.0183, the high of November 16. Market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Edges Lower As E.Z. Concerns Persist Posted: 21 Dec 2011 11:51 PM PST Forexpros – The New Zealand dollar edged lower against its U.S. counterpart on Thursday, as investors remained cautious over the results of Wednesday's loan operation by the European Central Bank. NZD/USD hit 0.7667 during late Asian trade, the daily low; the pair subsequently consolidated at 0.7696, shedding 0.11%. The pair was likely to find support at 0.7609, the low of December 12 and resistance at 0.7774, Wednesday's high. The kiwi came under pressure as the ECB failed to convince … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Drop As Euro Zone Fears Weigh; Nikkei Down 0.8% Posted: 21 Dec 2011 11:44 PM PST Forexpros – Asian stock markets were broadly lower on Thursday, after a refinancing operation by the European Central Bank failed to ease investor concerns over the region's two-year-old debt crisis. During late Asian trade, Hong Kong’s Hang Seng Index shed 0.25%, Australia's S&P/ASX200 tumbled 1.2%, while Japan's Nikkei 225 Index fell 0.8%. Trading volumes were thin in many markets ahead of the Christmas holiday weekend, resulting in low liquidity and irregular volatility. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Close To 11-month Low On E.Z. Worries Posted: 21 Dec 2011 11:32 PM PST Forexpros – The euro hovered close to an eleven-month low against the U.S. dollar on Thursday, amid uncertainty over the effects of an unprecedented refinancing operation by the European Central Bank on Wednesday. EUR/USD hit 1.3073 during late Asian trade, the daily high; the pair subsequently consolidated at 1.3076, rising 0.20%. The pair was likely to find support at 1.2956, the low of December 15 and resistance at 1.3131, the high of December 20. The ECB's first ever three-year loan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Zealand GDP Expands More-than-expected In Q3 Posted: 21 Dec 2011 11:23 PM PST Forexpros – New Zealand's gross domestic product rose more-than-expected in the third quarter, boosted by strong manufacturing and retail spending, official data showed on Thursday. In a report, Statistics New Zealand said that New Zealand's economy expanded by a seasonally adjusted 0.8% in the three months to September, beating expectations for a 0.6% gain. New Zealand's gross domestic product grew by an unrevised 0.1% in the preceding quarter. New Zealand's economy expanded at an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: HSBC Holdings Plc Posted: 21 Dec 2011 11:05 PM PST We retain our Underperform recommendation on HSBC Holdings plc (NYSE:HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to ongoing low interest rates and regulatory restrictions. The company’s cost containment measures will help it deal with economic pressures to a great extent. But we expect high inflation in some key Asian markets, slothful loan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Norfolk Southern Corp. (NSC) Posted: 21 Dec 2011 11:05 PM PST We maintain our Outperform recommendation on Norfolk Southern Corp. (NYSE:NSC). The company reported a stellar third quarter, with earnings per share surpassing the Zacks Consensus Estimate and year-ago results backed by strong pricing and shipment across all segments. We believe this momentum in pricing and volume will continue on growing market demand and capacity constraints in the truck freight transportation market. Additionally, the company’s focus on improving network and service offerings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Kennametal Inc. Posted: 21 Dec 2011 11:05 PM PST Kennametal Inc. (NYSE:KMT) recently delivered record EPS for the first quarter, driven by strong organic sales growth and operating leverage. It was also the company’s 10th consecutive positive earnings surprise. Management raised its EPS guidance for 2012, prompting analysts to revise their estimates higher. It is a Zacks #2 Rank (Buy) stock. In addition to strong growth, Kennametal pays a dividend that yields a solid 1.6%. And the company recently raised its quarterly payout by 17%, marking the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Standard Motor Products, Inc. Posted: 21 Dec 2011 11:05 PM PST Standard Motor Products, Inc. (SMP) has been on fire in the second half of 2011, more than doubling in price after hitting a fresh all-time high on strong Q3 results. That has estimates on the move too, providing more support and momentum for this Zacks #1 Rank stock. Company Description Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The company was founded in 1919 and has a market cap of $451 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Unisys Posted: 21 Dec 2011 11:05 PM PST Unisys (NYSE:UIS) has been beaten up lately. But now could be a good time to jump into this Zacks #1 Rank (Strong Buy). Company Description Unisys is a worldwide IT company, offering services, software and technology for its clients. Big Surprise We have to go back to Oct 24 for the last quarterly report, but it was a good one. Net income surged from $21.8 million to $78.6 million. Revenue for the period was up 6% to $1.02 billion. Earnings per share came in at $1.63, more than double the $0.70 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pipeline Progress At Alkermes Posted: 21 Dec 2011 10:15 PM PST Alkermes plc (NASDAQ:ALKS) recently announced the commencement of a phase III study (n~690) to evaluate its schizophrenia candidate ALKS 9070. ALKS 9070 is a once-monthly injectable extended release version of Bristol-Myer Squibb's (NYSE:BMY) schizophrenia drug Abilify (aripiprazole). The double-blind, randomized, multicenter, 12-week study will evaluate the safety, tolerability and effectiveness of ALKS 9070 versus placebo in 2 doses in patients experiencing acute exacerbation of the disease. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NYC Rent Control Laws Go To The Supreme Court Posted: 21 Dec 2011 08:33 PM PST James Harmon, an owner-occupant Manhattan landlord on West 76th Street near Central Park is going all the way to the United States Supreme Court with his claim that New York City's rent laws constitute a "taking" of his rental property without just compensation, and violate his constitutional rights.  From a NY Times article: “[Rent control] regulations are meant to support the government's goal of maintaining affordable housing for its citizens. Instead, Mr. Harmon  says, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Slips On Europe Loan Package Reaction Posted: 21 Dec 2011 08:08 PM PST Forexpros – The pound weakened against the dollar in early Asian trading Thursday as investors snapped up greenbacks on sentiment that despite a European Central Bank move to inject welcome liquidity into the financial system, the economy needs more action. GBP/USD was trading at 1.5672, down 0.03%, and slightly off from a session high of 1.5684 and above a low of 1.5656. The pair was likely to test support at 1.5502, Tuesday’s low, and resistance at 1.5684, Thursday’s high. The European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Tempers Gains, Digests Europe Loan Deal Posted: 21 Dec 2011 07:42 PM PST Forexpros – The dollar was mixed to slightly lower against the world’s major currencies on Thursday, taking a break from earlier gains as the market digested a European Central Bank move to loosen up lending in its crisis-stricken continent. During Asian morning trade Thursday, the greenback was up against the euro, with EUR/USD slipping 0.02% to hit 1.3045. On Wednesday, the European Central Bank made EUR489.19 billion in three-year loans available to 523 eurozone banks with the aim of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Dip On Fresh Europe Fears; Nikkei Down 0.45% Posted: 21 Dec 2011 06:46 PM PST Forexpros – Asian stock markets opened falling Thursday as despite fresh loans made available to European financial institutions by their central bank, the continent still faces the tough task of getting its overall economic house in order. During morning Asian trading, Hong Kong’s Hang Seng Index was down 0.53%, Australia’s S&P/ASX200 was down 1.01%, while Japan's Nikkei 225 Index was down 0.45%. The European Central Bank on Wednesday made EUR489.19 billion in loans available to 523 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

2012 Stock Market Predictions Posted: 21 Dec 2011 06:32 PM PST 'Tis the season and predictions for 2012 abound.  Like the market, they are a confusing and contradictory bunch.  Here are a few that fell into my inbox just this morning: According to the Wall Street professionals assembled by Barron's, "all … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Rise As Market Brushes Off Loan Deal Posted: 21 Dec 2011 06:11 PM PST Forexpros – Gold prices rose Thursday in choppy trading, brushing off earlier losses in European sessions as investors decided a European Central Bank loan tender fell short of what the continent needs for more lasting financial and economic recovery. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,614.25 a troy ounce early Asian trading, up 0.04%. Gold futures were likely to test support at USD1,595.45 a troy ounce, Tuesday’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

UN Data: China Is Now World’s No. 1 Manufacturer, But It Requires 9-10 TImes As Many Workers As U.S. Posted: 21 Dec 2011 06:09 PM PST According to new data just released by the United Nations, China surpassed the United States in 2010 to become the world’s No. 1 manufacturing nation, ending America’s dominance as the world’s largest manufacturer since the late 1800s (see chart above of the top five manufacturing countries). China’s manufacturing output in 2010 of $19.222 trillion and 18.89% share of world manufacturing output of $10,176 trillion,was slightly ahead of America’s manufacturing output of $1.855 trillion and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold’s Secular Bull Cycles And Its ABCD Pattern Posted: 21 Dec 2011 05:36 PM PST I have recently spent a number of weeks writing a computer script that runs on the Think or Swim platform. The script’s output details the 119 daily and 30 weekly cycles of gold from its February 16, 2001 secular bull genesis to the present. Also, as gold has traded in a continuous repetitive ABCD pattern and is presently completing its 8th iteration of the pattern, the details of this pattern will be included in the three charts that follow. Before we roll up our sleeves and start looking … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Firm On Dwindling U.S. Inventories Posted: 21 Dec 2011 05:32 PM PST Forexpros – Crude futures rose Thursday on expectations for an even speedier U.S. recovery as evidenced by sharply falling oil inventories. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD99.13 a barrel early in the session, up 0.48%. The commodity hit a session high of USD99.14 and a low of USD98.93 so far in early Asian trading on Thursday. In the U.S. crude oil inventories fell by 10.6 million barrels to 323.6 million, beating out … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Falls As Market Shrugs Off Loan Package Posted: 21 Dec 2011 05:01 PM PST Forexpros – The euro fell against the dollar Thursday as the market overlooked European Central Bank efforts to pump the financial system full of liquidity and ran to the security of the dollar. EUR/USD hit 1.3037 during early Asian trade, down 0.08% and slightly up from a session low of 1.3036 and off from a high of 1.3052. The pair was likely to find support at 1.2983, Monday’s low, and resistance at 1.3086, Wednesday’s high. The European Central Bank on Thursday loaned EUR489.19 billion … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610