Monday, January 9, 2012

DailyMarkets.com - Can Whistleblowers ‘Cross-Examine’ The SEC?

DailyMarkets.com - Can Whistleblowers ‘Cross-Examine’ The SEC?

Can Whistleblowers ‘Cross-Examine’ The SEC?

Posted: 09 Jan 2012 04:09 AM PST

Later this month Northwestern Law will be hosting its 39th Annual Securities Regulation Institute in Coronado, California.
In light of everything that has occurred on Wall Street and in Washington one might think this could be a lively conference as it looks to provide,

A timely analysis of recent laws and developments in the corporate and securities law fields presented by senior SEC officials and leading practitioners.

While reviewing the conference invitation I am particularly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Futures Mixed As Markets Eye E.Z. Talks; Dow Jones Down 0.07%

Posted: 09 Jan 2012 03:39 AM PST

Forexpros – U.S. stock futures pointed to a mixed open on Monday, as markets eyed a meeting between French and German leaders later in the day while concerns over the euro zone's debt crisis continued to linger.

Ahead of the open, the Dow Jones Industrial Average futures pointed to a fall of 0.07%, S&P 500 futures signaled a 0.08% loss, while the Nasdaq 100 futures indicated a 0.13% rise.

Later Monday, German Chancellor Angela Merkel and French President Nicolas Sarkozy were to meet … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Biotechs To Watch At The 2012 San Francisco Healthcare Confrences

Posted: 09 Jan 2012 03:35 AM PST

Several biotech companies we cover at Zacks Investment Research are attending the series of healthcare conferences this week in San Francisco. These conferences include the JP Morgan Healthcare Conference, OneMed Forum, and Biotech Showcase.

Companies are attending include Advaxis (ADXS), Bio-Path Holdings Inc. (BPTH), CytRx Corp (NASDAQ:CYTR), EpiCept Corp (NASDAQ:EPCT), Galena Biopharma (GALE), ImmunoCellular Biotherapeutics (IMUC), NeoGenomics (NGNM), Northwest Biotherapeutics (NWBO), … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Med-tech Companies To Watch In 2012

Posted: 09 Jan 2012 03:30 AM PST

Several medical device/technology companies that we cover will be in San Francisco this week attending the large annual healthcare conferences which includes the JP Morgan Healthcare conference, Biotech Showcase, and OneMed Forum.  Companies that are expected to be in attendance and are covered by the Zacks Small Cap Research medical device team are Chembio Diagnostics (CEMI), CryoPort Inc., iCAD Inc. (ICAD), SANUWAVE Health (SNWV), and Verisante Technology (VRSEF).  Brian Marckx, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Euro Posts Gains But Outlook Remains Clouded

Posted: 09 Jan 2012 03:27 AM PST

Forexpros – The euro posted gains against almost all of its major counterparts on Monday, as markets looked towards a meeting of French and German leaders later in the day, but gains were capped amid concerns over the deepening sovereign debt crisis in the shared currency zone.

During European late morning trade, the euro was higher against the U.S. dollar, with EUR/USD rising 0.27% to hit 1.2752.

Later Monday, German Chancellor Angela Merkel and French President Nicolas Sarkozy were to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Corn Regains Strength As South America Rain Prospects Wane

Posted: 09 Jan 2012 03:22 AM PST

Forexpros – Corn futures regained strength on Monday, rebounding from the previous session's one-week low amid renewed concerns over crop conditions in South America after forecasts showed diminishing prospects of near-term rain in Brazil and Argentina.

On the Chicago Mercantile Exchange, corn futures for March delivery traded at USD6.5112 a bushel during European morning trade, rallying 1.17%.

It earlier rose by as much as 1.38% to trade at a two-day high of USD6.5212 a bushel.

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

German Industrial Production Falls More-than-expected

Posted: 09 Jan 2012 03:05 AM PST

Forexpros – Industrial production in Germany fell more-than-expected in November, dropping for the third time in the last four months, official data showed on Monday.

In a report, Destatis, Germany's federal statistical office said industrial production slumped by a seasonally adjusted 0.6% in November, disappointing expectations for a of 0.5% decline.

Industrial production rose by an unrevised 0.8% in October.

German industrial production rose at an annualized rate of 3.6% in November, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Broadly Weaker Dollar Off 11-month High Against Swiss Franc

Posted: 09 Jan 2012 02:59 AM PST

Forexpros – The U.S. dollar pulled back from an 11-month high against the Swiss franc on Monday, as markets eyed a meeting between French and German leaders later in the day, but the greenback remained supported amid worries over rising borrowing costs in the euro zone.

USD/CHF retreated from 0.9596, the pair's highest since February 17, to hit 0.9521 during European morning trade, shedding 0.31%.

The pair looked likely to find support at 0.9410, last Thursday's low and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Posts Gains Ahead Of Merkel, Sarkozy Meeting

Posted: 09 Jan 2012 02:36 AM PST

Forexpros –
Forexpros – The euro pushed higher against the pound on Monday, finding support ahead of a meeting of German Chancellor Angela Merkel and French President Nicolas Sarkozy but gains looked likely to remain limited.

EUR/GBP hit 0.8277 during European morning trade, the pair's highest since last Thursday; the pair subsequently consolidated at 0.8270, gaining 0.29%.

The pair was likely to find support at 0.8281, the session low and a 16-month low and resistance at 0.8347, last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Copper Futures Slide As Euro Zone Debt Concerns Weigh

Posted: 09 Jan 2012 02:18 AM PST

Forexpros – Copper futures declined on Monday, falling to a six-day low as lingering concerns over the euro zone's sovereign debt crisis continued to weigh on market sentiment, dampening demand for riskier assets.

On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.421 a pound during European morning trade, shedding 0.4%.

It earlier fell by as much as 1.6% to trade at USD3.378 a pound, the lowest since December 29.

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

Crude Oil And Gold Look To Merkel, Sarkozy Meeting For Direction

Posted: 09 Jan 2012 02:02 AM PST

Talking Points

Crude Oil to Follow Stocks' Response to Merkel/Sarkozy Talks
Gold Gains as Eurozone Crisis Fix Hopes Weigh on US Dollar

WTI Crude Oil (NY Close): $101.56 // -0.25 // -0.25%
Crude oil prices are treading water in early European trade as risk sentiment trends – the key driver behind the WTI contract – anxiously await the outcome of a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel in Berlin later today. The two leaders are expected to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Mixed To Lower Amid Euro Zone Fears

Posted: 09 Jan 2012 01:57 AM PST

Forexpros – The U.S. dollar was mixed to lower against its major counterparts on Monday, as market sentiment found mild support after relatively positive investor confidence data in the euro zone but gains were limited as concerns over the region's debt crisis persisted.

During European morning trade, the dollar was lower against the euro, with EUR/USD rising 0.45% to hit 1.2776.

Data showed earlier that investor confidence in the euro zone for January improved more-than-expected, but … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EZ Sentix Investor Confidence Improves More-than-expected

Posted: 09 Jan 2012 01:40 AM PST

Forexpros – Investor confidence in the euro zone for January improved more-than-expected, but remaining in negative territory for the sixth consecutive month data showed on Monday.

In a report, market research group, Sentix said its index of investor confidence improved by 2.9 points to minus 21.1 in January from December's reading of minus 24.0.

Analysts had expected the index to improve by 0.5 points to minus 23.5 in January.

On the index, a level above 0.0 indicates optimism, below … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

European Stocks Lower Amid Debt Worries; DAX Down 0.59%

Posted: 09 Jan 2012 01:20 AM PST

Forexpros – European stock markets were lower on Monday, as ongoing concerns over the debt crisis in the single currency bloc continued to weigh on market sentiment.

During European morning trade, the EURO STOXX 50 fell 0.20%, France's CAC 40 declined 0.20%, while Germany's DAX 30 shed 0.59%.

Sentiment remained under pressure amid concerns over rising borrowing costs in the euro zone, as investors looked ahead to government debt auctions by Spain and Italy later in the week.

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

Crude Oil Futures Ease Up On Iran Fears, EU Debt Woes In Focus

Posted: 09 Jan 2012 01:10 AM PST

Forexpros – Crude oil futures were modestly higher on Monday, as ongoing concerns over a disruption to supplies from Iran underlined prices as markets looked forward to a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy later in the day.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD101.81 a barrel during European morning trade, adding 0.25%.

It earlier rose by as much as 0.4% to trade at a session … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Higher But Gains Capped By E.Z. Worries

Posted: 09 Jan 2012 12:38 AM PST

Forexpros – The pound was fractionally higher against the U.S. dollar on Monday, but gains were capped as concerns over the worsening debt crisis in the euro zone continued to dominate market sentiment.

GBP/USD hit 1.5448 during European morning trade, the daily high; the pair subsequently consolidated at 1.5447, adding 0.13%.

Cable was likely to find support at 1.5361, the low of December 29 and resistance at 1.5525, the high of January 6.

Risk sentiment waned amid concerns over rising … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Edge Higher Ahead Of Sarkozy-Merkel Meeting

Posted: 09 Jan 2012 12:28 AM PST

Forexpros – Gold futures edged higher on Monday, as the U.S. dollar weakened ahead of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy later in the day, while strong physical demand in Asia provided further support.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,623.35 a troy ounce during early European morning trade, gaining 0.4%.

It earlier rose by as much as 0.48% to trade at a session … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swiss Retail Sales Surge In November

Posted: 09 Jan 2012 12:21 AM PST

Forexpros – Retail sales in Switzerland rose significantly more-than-expected in November, official data showed on Monday.

In a report, Switzerland's Federal Statistical Office said that retail sales rose at an annualized rate of 1.8% in November, blowing past expectations for a 0.5% gain.

The previous month's figure was revised up to a gain of 0.1% from a previously reported 0.2% decline.

Following the release of the data, the Swiss franc remained higher against the U.S. dollar, with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Edges Lower As E.Z. Concerns Weigh

Posted: 09 Jan 2012 12:18 AM PST

Forexpros – The U.S. dollar edged lower against the yen in thin trade on Monday, as lingering worries over the handling of the debt crisis in the euro zone supported safe haven demand.

USD/JPY hit 76.80 during early European trade, the pair's lowest since January 5; the pair subsequently consolidated at 76.93, inching down 0.04%.

The pair was likely to find support at 76.64, the low of January 5 and resistance at 77.23, the high of January 5.

Trading volumes were light as markets in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Edges Lower As E.Z. Concerns Weigh

Posted: 09 Jan 2012 12:17 AM PST

Forexpros – The U.S. dollar edged lower against the yen in thin trade on Monday, as lingering worries over the handling of the debt crisis in the euro zone supported safe haven demand.

USD/JPY hit 76.80 during early European trade, the pair's lowest since January 5; the pair subsequently consolidated at 76.93, inching down 0.04%.

The pair was likely to find support at 76.64, the low of January 5 and resistance at 77.23, the high of January 5.

Trading volumes were light as markets in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Hits 6-day Low On E.Z. Worries

Posted: 09 Jan 2012 12:11 AM PST

Forexpros – The Australian dollar fell to a six-day low against its U.S. counterpart on Monday, as weak domestic retail sales data and renewed concerns over the debt crisis in the euro zone weighed.

AUD/USD hit 1.0146 during late Asian trade, the pair's lowest since December 30; the pair subsequently consolidated at 1.0210, declining 0.17%.

The pair was likely to find support at 1.0070, the low of December 28 and resistance at 1.0273, the high of January 6.

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

Swiss Unemployment Rate Edges Up In Line With Expectations

Posted: 09 Jan 2012 12:05 AM PST

Forexpros – The unemployment rate in Switzerland rose in line with market expectations in December, official data showed on Monday.

In a report, the Swiss State Secretariat for Economic Affairs said the rate of unemployment rose to a seasonally adjusted 3.1% from 3.0% in November, matching market expectations.

According to the report, the total number of unemployed people in Switzerland rose by 8,025 in December to 185,706.

Following the data, the Swiss franc was up against the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Edges Higher But Gains Limited

Posted: 09 Jan 2012 12:01 AM PST

Forexpros – The New Zealand dollar edged higher against its U.S. counterpart on Monday, but gains were limited as sustained concerns over the handling of the euro zone's financial crisis continued to weigh.

NZD/USD hit 0.7826 during late Asian trade, the daily high; the pair subsequently consolidated at 0.7828, adding 0.28%.

The pair was likely to find support at 0.7750, the low of January 2 and resistance at 0.7878, the high of January 5.

Sentiment was weak amid concerns over rising … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

German Trade Surplus Widens More-than-expected

Posted: 08 Jan 2012 11:58 PM PST

Forexpros – Germany’s trade surplus widened more-than-expected in November, as exports rebounded from the previous month's drop, official data showed on Monday.

In a report, the German Federal Statistics Office said the trade surplus, or difference between imported and exported goods and services, widened to EUR15.1 billion in November, up from EUR12.5 in October, whose figure was revised down from a EUR12.6 billion surplus.

Economists had expected the trade surplus to widen to EUR13.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Slump As Euro Zone Worries Linger; Nikkei Closed

Posted: 08 Jan 2012 11:49 PM PST

Forexpros – Asian stock markets were broadly lower on Monday, as concerns the financial crisis in the euro zone is worsening overshadowed indications that the U.S. economic recovery was gaining momentum.

During late Asian trade, Hong Kong’s Hang Seng Index dipped 0.2% Australia's S&P/ASX200 eased 0.15%, while Japan's Nikkei 225 Index remained closed for a public holiday.

The U.S. Department of Labor said Friday that nonfarm payrolls rose by 200,000 in December from a downwardly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Euro Steady Close To 16-month Low Against Dollar

Posted: 08 Jan 2012 11:28 PM PST

Forexpros – The euro was steady against the U.S. dollar on Monday, trading close to a 16-month low as ongoing fears over the deepening debt crisis in the euro zone outweighed Friday's better-than-expected U.S. employment data.

EUR/USD hit 1.2667 during late Asian trade, the pair's lowest since September 10, 2010; the pair subsequently consolidated at 1.2721, inching up 0.02%.

The pair was likely to find support at 1.2587, the low of August 24, 2010 and resistance at 1.2812, Friday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: U.S. Bancorp

Posted: 08 Jan 2012 11:05 PM PST

U.S. Bancorp (NYSE:USB) delivered its 6th consecutive positive earnings surprise in the third quarter of 2011, as EPS jumped 42% year-over-year.
Analysts revised their estimates higher off the strong quarter, sending the stock to a Zacks #2 Rank (Buy). Based on consensus estimates, analysts expect 40% EPS growth in 2011 and 10% growth in 2012.
On top of this, the company pays a dividend that yields 1.8%.
Not Your Typical Big Bank
U.S. Bancorp is the 5th largest commercial bank in the United States … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Hilltop Holdings, Inc. (HTH)

Posted: 08 Jan 2012 11:05 PM PST

We are upgrading our recommendation on Hilltop Holdings Inc. (NYSE:HTH) to Outperform based on its sound capital position along with a risk-free balance sheet, which also paved way for resumption of share buybacks, assisting shareholders’ confidence in the stock.
The company broke even in the third quarter but surpassed the Zacks Consensus Estimate of a loss and beat the year-ago results. The stability was driven by a higher-than-expected top line that benefited from improved premiums, investment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Astronics Corp

Posted: 08 Jan 2012 11:05 PM PST

Astronics Corp (ATRO) just jumped into a new multi-year high, riding a wave of enthusiasm over strong Q3 results that included a 33% earnings surprise. With a 12% growth projection, this Zacks #1 Rank stock is heating up with momentum.
Company Description
Astronics Corp, through its subsidiaries, designs and manufactures lighting and test systems for the aerospace and defense industries worldwide. The company was founded in 1968 and has a market cap of $421 million.
Astronics began trending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Select Comfort Corporation

Posted: 08 Jan 2012 11:05 PM PST

Select Comfort Corporation (SCSS) six consecutive positive earnings surprises have pushed the stock to double its price since June of 2010. Rising estimates in 2013 make this stock a Zack Rank #1 (Strong Buy).
Company Description
Select Comfort Corporation is a bed manufacturer and retailer. The Company designs, manufactures, markets and distributes beds and other sleep-related accessory products.
Great Earnings Streak
Over the last six quarters, Select Comfort has delivered six earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: AGL Resources, Inc. (GAS)

Posted: 08 Jan 2012 11:05 PM PST

We are initiating coverage on AGL Resources Inc. (NYSE:GAS) with an Underperform recommendation and a target price of $39. We expect shareholder sentiment towards the company to remain lukewarm, considering its investment in higher-risk unregulated operations, ongoing regulatory uncertainties and the challenging economic environment.
AGL had warned that its earnings will suffer in 2011 due to lower results at the wholesale segment. Additionally, the inclusion of the shipping operations (post Nicor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ski Resorts Yearn For Snow

Posted: 08 Jan 2012 09:00 PM PST

01/09/12 The winter tourism industry is struggling with the lack of snow at most ski resorts across the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Continue To Test The Bottom Of The Wedge.

Posted: 08 Jan 2012 08:18 PM PST

usd/cnh continue to test the bottom of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Getting Close To The Top Of Wedge For A Four Try.

Posted: 08 Jan 2012 08:18 PM PST

usd/sgd getting close to the top of wedge for a four try to test this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Falls As Markets Brace For Uncertainty

Posted: 08 Jan 2012 07:55 PM PST

Forexpros – The euro slid against the pound on Monday as investors continued selling euro positions before jumping to the sidelines to await more concrete guidance from the continent’s leadership.

EUR/GBP hit .8238 in Asian trading on Monday, down 0.10% and up from a session low of .8222 and off from a high of .8244.

The pair was likely to find support at .8222, Monday’s earlier low, and resistance at .8266, Friday’s high.

In Europe later Monday, French President Nicolas Sarkozky and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Breaks 21Day

Posted: 08 Jan 2012 07:21 PM PST

The USDSGD pair has continued higher off trendline support we reviewed last week  and has now broken through the trending 21day mavg and could retest trendline resistance/top of the wedge in short order if risk off sentiment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Asia Stocks Slide On Continued Europe Woes; Hang Sen Down 0.77%

Posted: 08 Jan 2012 07:21 PM PST

Forexpros – Asian stock markets fell in early trading Monday, pulled down by renewed fears that the European debt crisis will drag on with no clear exit signs along the way.

During morning Asian trading Monday, Hong Kong’s Hang Seng Index was down 0.77%, Australia’s S&P/ASX200 was down 0.07%, while Japanese markets were closed due to holiday.

While fears may be ebbing that Iran will make good on threats and close the Strait of Hormuz, and while U.S. economic indicators illustrate a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Could Oil Prices Intensify A Pending S&P500 Selloff?

Posted: 08 Jan 2012 06:42 PM PST

Last week we received reports that the unemployment rate in the United States was improving markedly. In addition, sentiment numbers were released that confirmed my previous speculation that market participants were becoming more and more bullish as prices in the S&P 500 edged higher. The exact numbers that came in demonstrated that bullish sentiment had not reached current lofty levels since February 11, 2011. The table below illustrates the most recent sentiment survey:

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

Forex – Dollar Firms On Waning Iranian Fears

Posted: 08 Jan 2012 06:18 PM PST

Forexpros – The dollar continued to strengthen against the world’s major currencies on Monday, extending Friday’s gains as market watchers viewed Iran’s threat to close a key waterway with greater skepticism.

The greenback on Monday was up against the euro, with EUR/USD dropping 0.22% to hit 1.2691.

Healthy economic indicators out of the U.S. bolstered the dollar as well.

On Friday, the Bureau of Labor Statistics reported that the U.S. economy added a net 200,000 jobs to the economy, well … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Drops On Fresh European Jitters

Posted: 08 Jan 2012 05:33 PM PST

Forexpros – Crude futures fell early Monday, as markets cast aside supply fears stemming from Iran’s threats to close the Strait of Hormuz and instead sold oil on sentiment that Europe’s debt woes will mean less economic output, which will mean less demand for crude and its derivatives.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD101.28 a barrel in U.S. trading, down 0.27%.

The commodity hit a session high of USD102.14 and a low of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Continues Declines As Dollar Extends Gains

Posted: 08 Jan 2012 05:08 PM PST

Forexpros – Gold prices dropped on Monday, extending Friday’s losses into a new week as uncertainty surrounding Europe’s future coupled with optimism brimming over from recent U.S. jobs data fueled more demand for dollars and less for gold.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,610.45 a troy ounce, down 0.39%.

Gold futures were likely to test support at USD1,594.05 a troy ounce, Wednesday’s low, and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Down On Economic Data

Posted: 08 Jan 2012 04:50 PM PST

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

AUD/USD was trading at 1.0164, down 0.64% at time of writing.

The pair was likely to find support at 1.0151, today's low, and resistance at 1.0374, Wednesday's high.

Earlier in the day, official data showed that Retail sales in Australia remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.2% in the preceding month.

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

Australian Retail Sales Remain Unchanged Unexpectedly

Posted: 08 Jan 2012 04:45 PM PST

Forexpros – Retail sales in Australia remained unchanged unexpectedly last month, official data showed on Monday.

In a report, Australian Bureau of Statistics said that Australian retail sales remained unchanged at a seasonally adjusted 0.0%, from 0.2% in the preceding month.

Analysts had expected Australian retail sales to rise 0.4% last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Slides Ahead Of Sarkozy-Merkel Meet

Posted: 08 Jan 2012 04:45 PM PST

Forexpros – The euro weakened against the dollar Monday as investors sold the European currency and jumped to the sidelines to see whether a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel will lead to a way out of the debt crisis.

EUR/USD hit 1.2680 in early Asian Monday trading, down 0.31%, up from a session low of 1.2667 and off from a high of 1.2707.

The pair was likely to test support at 1.2667, Monday's low, and resistance at 1.3077, Tuesday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/JPY Down During Asian Trade

Posted: 08 Jan 2012 04:05 PM PST

Forexpros – The Euro was lower against the Japanese Yen on Monday.

EUR/JPY was trading at 97.61, down 0.27% at time of writing.

The pair was likely to find support at 97.29, Monday's low, and resistance at 100.18, Wednesday's high.

Meanwhile, the Euro was down against the U.S. Dollar and the British Pound, with EUR/USD shedding 0.24% to hit 1.2688 and EUR/GBP falling 0.21% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jakobsen, EU Is Not Healthy

Posted: 08 Jan 2012 03:35 PM PST

We all know the US has been posting better economic numbers, however the EU story will spoil the party. Saxo Bank Chief Economist Steen Jakobsen speaks the truth.

- ECB is printing money, but its not called the same as the US
- Extend and pretend policies will fail, and needs to fail to get the correct solution
- Conditions much worse in 2012 than 2011
- US 2011 Q4 was about capex spending only
- Peaking in earnings cycles, thus Q1 will be poor for earnings, DuPont is an example.
- Lower … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Down In Asian Trading Hours

Posted: 08 Jan 2012 03:35 PM PST

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

EUR/USD was trading at 1.2677, down 0.33% at time of writing.

The pair was likely to find support at 1.2667, today's low, and resistance at 1.3077, Tuesday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8224 and EUR/JPY falling 0.42% to hit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swing Trade Idea, Some Stocks To Review

Posted: 08 Jan 2012 02:41 PM PST

The website has a handy swing scanner thats helps review over a 1000 stocks very quickly. Here is three interesting stocks at a cross road.

Stocks: INTC, CVX, KO

Members: Select Dow Jones Industrials within the Swing Scanner, then review the ’6′ pattern. Then re read our comments about the SP500 here, and I think you will concur that the blogs market view is correct.

NOTE: INTC and KO do not like a rising … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Dynamic Pricing For Sports

Posted: 08 Jan 2012 02:41 PM PST

Travel-related industries such as hotels, rental cars, and airlines have employed dynamic pricing techniques for years.  Thanks to growing acceptance by sports teams and their fans, dynamic ticket pricing now represents the future of ticket pricing for both professional and collegiate sports, read about it here.  

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

Forex – NZD/USD Down On Economic Data

Posted: 08 Jan 2012 02:35 PM PST

Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Sunday after the release of N.Z. data on Trade Balance.

NZD/USD was trading at 0.7800, down 0.09% at time of writing.

The pair was likely to find support at 0.7775, Friday's low, and resistance at 0.7908, Tuesday's high.

Earlier in the day, data showed that New Zealand's trade balance fell more-than-expected to a seasonally adjusted -308M last month from -228M in the preceding month whose figure was revised up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Zealand’s Trade Balance Falls More-than-expected

Posted: 08 Jan 2012 02:35 PM PST

Forexpros – New Zealand's trade balance fell more-than-expected last month, data showed on Sunday.

In a report, Statistics New Zealand said that the trade balance fell to a seasonally adjusted -308M, from -228M in the preceding month whose figure was revised up from -282M.

Analysts had expected the trade balance to fall -300M last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro / Swiss Franc – 09/01/2012 07:21 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Euro / Swiss Franc

Weekly
Daily
Hourly

Trends

Resistances
1.2195
1.216
1.2145

Supports
1.205
1.21
1.213

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the best … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro / Canadian Dollar – 09/01/2012 07:01 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Euro / Canadian Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.323
1.3165
1.3115

Supports
1.3
1.3035
1.307

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

British Pound / US Dollar – 09/01/2012 07:23 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

British Pound / US Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.5565
1.552
1.544

Supports
1.527
1.536
1.539

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro / British Pound – 09/01/2012 07:16 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Euro / British Pound

Weekly
Daily
Hourly

Trends

Resistances
0.829
0.8265
0.825

Supports
0.82
0.822
0.8235

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro / US Dollar – 09/01/2012 07:24 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Euro / US Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.288
1.281
1.273

Supports
1.2585
1.2625
1.2665

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the best … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro / Yen – 09/01/2012 07:14 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Euro / Yen

Weekly
Daily
Hourly

Trends

Resistances
99.35
98.85
98.1

Supports
97
97.25
97.55

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the best possible … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Dollar / Canadian Dollar – 09/01/2012 07:17 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

US Dollar / Canadian Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.0365
1.034
1.032

Supports
1.017
1.0225
1.0285

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Dollar / Yen – 09/01/2012 07:23 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

US Dollar / Yen

Weekly
Daily
Hourly

Trends

Resistances
77.45
77.2
77

Supports
76.15
76.6
76.85

Our strategy

FLAT

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical analyses,
fundamental analyses and news, assisting them to make the best possible … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Australian Dollar / US Dollar – 09/01/2012 07:18 GMT

Posted: 08 Jan 2012 11:36 AM PST

By ForexMansion.com

Australian dollar / US Dollar

Weekly
Daily
Hourly

Trends

Resistances
1.029
1.024
1.02

Supports
1.005
1.0115
1.0145

Our strategy

Entry
Stop
Target 1
Target 2

1.0185
1.0215
1.0145
1.0125

About ForexMansion.com:

The Finance Mansion Network operates a global financial network of websites including
ForexMansion.com – All about Forex Trading.
Our goal is to provide our readers with the highest quality, most accurate and timely technical … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Triple True Strength Index (TSI) Indicator

Posted: 08 Jan 2012 08:25 AM PST

This weekend I was musing through my litany of programming experiments that include numerous indicators and all sorts of concoctions and I came across this one – the Triple True Strength Index (TSI) indicator – and as I had forgotten how well it appears to work I thought we could look at it today.

First off, and I have said this many times previously, there is no indicator that is the panacea for getting rich. At least, none of my indicators, anyway. ☺ I do, however, think that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 07:35 AM PST

Forexpros – The euro posted steep losses against its major counterparts last week, falling to multi-month lows against the U.S. dollar and the pound and an 11-year low against the yen as a combination of concerns over the deepening crisis in the euro zone and stronger-than-expected U.S. employment data weighed.

EUR/USD hit 1.2697 on Friday, the pair's lowest since September 10 2010; the pair subsequently consolidated at 1.2717 by close of trade, falling 1.63% over the week.

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

Natural Gas Futures – Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 07:30 AM PST

Forexpros – Natural gas prices rallied sharply on Friday, rebounding from a 28-month low, as forecasts for colder-than-normal boosted near-term demand expectations for the heating fuel.

On the New York Mercantile Exchange, natural gas futures for delivery in February settled at USD3.074 per million British thermal units by close of trade on Friday, climbing 3.5% over the week, the first weekly gain since December.

Natural gas prices surged nearly 3.15% on Friday after the U.S. Climate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 07:06 AM PST

Forexpros – The pound was sharply lower against the U.S. dollar on Friday, erasing the week's gains as sustained worries over the handling of the debt crisis in the euro zone weighed on demand for riskier assets.

GBP/USD hit 1.5669 on Tuesday, the pair's highest since December 28; the pair subsequently consolidated at 1.5424 by close of trade on Friday, declining 0.53% over the week.

Cable is likely to find support at 1.5361, the low of December 29 and resistance at 1.5571, the high of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 06:19 AM PST

Forexpros – U.S. grain futures ended the week broadly lower on Friday, as prices came under pressure from a broadly stronger U.S. dollar while traders focused on short-term weather forecasts for major grain-producing countries in South America.

Agricultural commodities declined as the U.S. dollar rallied to a 16-month high against the euro on Friday, while the dollar index settled at 81.61, the highest since September 2010.

A stronger dollar reduces the appeal of U.S. crops to overseas … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 05:22 AM PST

Forexpros – The U.S. dollar ended the week sharply higher against its Canadian counterpart on Friday, as concerns over the European banking sector and the debt crisis in the euro zone continued to dominate market sentiment.

USD/CAD hit 1.0284 on Friday, the pair's highest since December 21; the pair subsequently consolidated at 1.0283 by close of trade on Friday, climbing 0.82% over the week.

The pair is likely to find support at 1.0120, the low of January 5 and resistance at 1.0347, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 04:23 AM PST

Forexpros – The New Zealand dollar was flat against its U.S. counterpart on Friday, after paring some of the week's gains as market sentiment weakened amid ongoing concerns over the worsening of the euro zone's debt crisis.

NZD/USD hit 0.7906 on Tuesday, the pair's highest since November 14; the pair subsequently consolidated at 0.7802 by close of trade on Friday, adding 0.35% over the week.

The pair is likely to find support at 0.7738, the low of December 6 and resistance at 0.7878, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures – Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 04:08 AM PST

Forexpros – Crude oil futures edged modestly lower on Friday, as a broadly stronger U.S. dollar and concerns that the financial crisis in the euro zone is worsening outweighed better-than-expected U.S. employment data and growing tensions between Iran and the West.

On the New York Mercantile Exchange, light sweet crude futures for delivery in February traded at USD101.90 a barrel by close of trade on Friday, climbing 2.95% over the week.

Crude's modest losses came as the U.S. dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – AUD/USD Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 04:06 AM PST

Forexpros – The Australian dollar was lower against its U.S. counterpart on Friday, trimming some of the week's gains as sustained concerns over the handling of the debt crisis in the euro zone weighed on demand for riskier assets.

AUD/USD hit 1.0385 on January 3, the pair's highest since November 9; the pair subsequently consolidated at 1.0226 by close of trade on Friday, inching up 0.07% over the week.

The pair is likely to find support at 1.0251, the low of December 26 and resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures – Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 03:11 AM PST

Forexpros – Gold futures declined for the first time in five days on Friday, easing off a two-week high as prices came under pressure from a broadly stronger U.S. dollar and amid concerns that the euro zone's debt crisis is deepening.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery settled at USD1,618.25 a troy ounce by close of trade on Friday, rising 3.21% over the week, the biggest weekly gain in a month.

Gold futures were likely to find … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/JPY Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 03:05 AM PST

Forexpros – The U.S. dollar was lower against the yen on Friday, as concerns that the financial crisis in the euro zone is deepening overshadowed better-than-expected U.S. employment data and supported safe haven demand.

USD/JPY hit 76.60 on Wednesday, the pair's lowest since November 18; the pair subsequently consolidated at 76.95 by close of trade on Friday, unchanged on the week.

The pair is likely to find support at 76.60, Wednesday's low and a six-week low and resistance at 77.23, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CHF Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 02:29 AM PST

Forexpros – The U.S. dollar rose to an almost one-year high against the Swiss franc on Friday, as renewed concerns over the health of the European banking sector and the debt crisis in the euro zone boosted safe haven demand.

USD/CHF hit 0.9579 on Friday, the pair's highest since February 17, 2011; the pair subsequently consolidated at 0.9549, climbing 1.50% over the week.

The pair is likely to find support at 0.9410, the low of January 5 and resistance at 0.9579, last Friday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Weekly Outlook: January 9 – 13

Posted: 08 Jan 2012 01:41 AM PST

Forexpros – Last week saw the euro weaken against most of its major counterparts, tumbling to 16-month lows against the U.S. dollar and the pound and a more than decade low against the yen amid fears that the financial crisis in the euro zone is worsening.

Concerns over the sovereign funding needs of troubled euro zone states, as well as signs of weakness in the region's banking sector overshadowed Friday's better-than-expected U.S. jobs data and saw investors shun riskier assets in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Behavioural Biases, Investing Amp; Prospect Theory: The Predictable Flaws In Human Judgement

Posted: 07 Jan 2012 10:53 PM PST

It is often said that investing is all about judgement but, regrettably, as investors, we are often blissfully unaware of the numerous biases that influence our own judgement. This is a shame because psychological research has made giant strides in the past three decades in understanding how the human mind systematically misjudges the world around us. This is the field known as quot;behavioural economicsquot;. It was largely established as a discipline by Israeli-American psychologist, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swing Trade Idea, Federal Express

Posted: 07 Jan 2012 10:34 PM PST

We first has a look here: Wyckoff 2.0 on FDX , since then Hurst cycle has fully matured, but with prices at a higher level.

If 2011 Q4 reports do not shine then FDX is a one to watch to the down side.

FDX cut it outlook last report, how can they say things have got any better !

Chart, watch FDX around $86 and Gann Angle … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Interest Rate Movements In 2011

Posted: 07 Jan 2012 02:22 PM PST

This article reviews the monetary policy interest rate activity of the world’s central banks during 2011.  The major theme of the year was monetary policy tightening, but the second half of the year featured many banks opting to reverse course or switch to outright net loosening.  Indeed of the 87 central banks that Central Bank News monitors, 34 made net increases to their interest rates, while 32 held their rates net unchanged, and 21 made net reductions to their policy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

National Bank Of Ethiopia Cut Reserve Requirement 500bps

Posted: 07 Jan 2012 11:21 AM PST

The National Bank of Ethiopia cut the minimum deposit reserve ratio by 500 basis points to 10% from 15% previously, the Bank also cut the liquid assets to deposits ratio by the same margin to 20 percent from 25 percent previously.  The move is aimed to encourage banks to lend money, particularly to the export sector.  Ethiopia reported annual consumer price inflation of 39.2% in November. According to IMF statistics Ethiopia saw inflation of 10.5% in 2010, and economic growth of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wow, Demand Curves Really DO Slope Downward!

Posted: 07 Jan 2012 09:09 AM PST

From the article “Restaurateurs Wrestle With State’s Minimum Wage Hike to $9.04,” about the  January 1 increase in Washington state’s minimum wage to $9.04 per hour, the highest state minimum wage in the country and almost $2 more per hour than the $7.25 national minimum wage:

 ”Some restaurants will increase prices. Others will reduce the hours of employees on minimum wage. And others will find cost savings elsewhere.

For Chad Mackay, president and chief operating officer of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BCS: Record Ticket Prices For College Football

Posted: 07 Jan 2012 08:44 AM PST

NOLA.COM –  “Monday night's BCS showdown between Louisiana State University and the University of Alabama will crown a national champion. But the game appears likely to produce another title: highest-priced tickets ever for a college football game.”

MP: At TicketsNow, the official ticket reseller (“scalper”) for the BCS, 575 tickets are currently being offered for sale at prices ranging from $1,292 for seats in the upper levels to $5,460 for seats in the 13th row at the 50 yard line … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Thanks To The Oil And Gas Boom, ND, AK And TX Have Regained All Jobs Lost During Recession

Posted: 07 Jan 2012 07:50 AM PST

Despite the gradual improvements in the U.S. labor market and the 8.5% jobless rate for December, the payroll employment level of 131.9 million jobs in December is still more than six million jobs below the 137.9 million peak level when the recession started in December 2007.  In percentage terms, December payrolls were 4.5% below the December 2007 level, see the chart above.

In contrast to the ongoing “jobless recovery” at the national level, there are three states that have now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Year Brings Hope For Innovation

Posted: 07 Jan 2012 07:00 AM PST

01/07/12 There is excitement ahead of the upcoming Apple media event and CES 2012. Facebook kicked off its annual Hacker Cup, while Norton’s AntiVirus source code was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Week Ahead: Earnings And Central Banks

Posted: 06 Jan 2012 09:00 PM PST

01/07/11 Earnings season kicks off with Alcoa reporting its quarterly results on Monday. The BoE and ECB rate decisions, and EU meetings between Merkel/Sarkozy and Merkel/Monti will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sulsenti: “2012 Will Be A Good Year For Stocks”

Posted: 06 Jan 2012 03:45 PM PST

01/06/12 NYFP’s “This Week in Wall Street History”: Louis Sulsenti of Pragma starts off the new year with a “twist”, rater than talk about Wall Street’s history, he discusses the future and explains why he thinks 2012 will be a good year for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jobs Reports And The Markets

Posted: 06 Jan 2012 07:00 PM PST

01/06/12 NYFP’s “Wall Street Lingo”: Stephen Guilfoyle, US Economist for Meridian Equity Partners, briefly explains the difference between the various employment and jobs creation reports that effect and move the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chart Of The Day: Huge Drop In Government Jobs

Posted: 06 Jan 2012 06:04 PM PST

The chart above displays the annual change in total government employment (data here) and shows that the 589,000 reduction in government jobs between 2009 and 2011 was the largest reduction in government payrolls since the post-WWII period of 1945-1947.  Total government employment (federal, state and local) in December 2011 was the lowest government payroll level since June 2006.

As I reported earlier today, the Great Recession has been responsible for downsizing the total government … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sold DUST @ $47.76 – Gold Leaves A New Clue

Posted: 06 Jan 2012 03:45 PM PST

Click on any chart to ENLARGE
With just minutes left on today’s week concluding session I took a look at my position in Direxion Gold Miners Bear 3X ETF (DUST) and hit the sell button. Nothing in particular was wrong with the chart technically, I just felt like taking my marbles and going home for the weekend.

While studying the weekly charts of the World Gold Index (XGLD) and looking at the placement of each ABCD wave, I began to notice something I had … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Costco Sustains Sales Momentum

Posted: 06 Jan 2012 03:30 PM PST

Costco Wholesale Corporation (NASDAQ:COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the five-week period ended January 1, 2012. However, it fell marginally short of analysts' expectations due to adverse foreign currency fluctuations. 
The company has been able to maintain its sales momentum. After a 9% increase in November 2011, Costco's comparable-store sales for the month of December climbed 7%, reflecting comparable sales growth of 7% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Earnings Are Upon Us

Posted: 06 Jan 2012 03:22 PM PST

Cusick’s Corner 01-06-2012
While we did not get continuation after the big move up in the beginning of the week, we did have constructive consolidation going into our first full trading week of the year. With earnings season kicking off, this gets us thinking about event strategies, like spreads, straddles, strangles, that attempt to take advantage of big moves that happen very fast. The first name reporting earnings is Alcoa, (NYSE:AA), and with AA being in an economically sensitive sector, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Teradata Teams Frensworkz In China

Posted: 06 Jan 2012 03:15 PM PST

Teradata Corp. (TDC) recently announced that one of its subsidiaries Aprimo has entered into a partnership with Chinese-based Frensworkz. Aprimo, a leading provider of cloud-based integrated marketing software, was acquired by Teradata for $525.0 million in cash last year.
Frensworkz has strong business relationships with both cloud and on-premise customer relationship management providers including Salesforce.com Inc. (CRM) and Microsoft Corp. (MSFT) in China, Taiwan and Hong Kong. Moreover, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kohl’s Comps Down, Trims Outlook

Posted: 06 Jan 2012 03:15 PM PST

After the strong November comparable sales, same-store sales at Kohl's Corporation (NYSE:KSS) went down 0.1% in the five-week period ended December 31, 2011 compared with an increase of 3.9% in the year-ago period. However, on a year-to-date basis, same-store sales increased 0.5% in December 2011.
Comparable sales were primarily affected by weak sales in cold-weather categories due to December's mild weather. On the other hand, same-store sales at Kohl's upscale competitor Saks Inc. (NYSE:SKS) … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Accenture Wins Shell Contract

Posted: 06 Jan 2012 03:05 PM PST

Software and consulting major Accenture Plc. (NYSE:ACN) recently won a contract from oil major Shell. As per the agreement, Accenture will provide application maintenance services to Shell to support the company's SAP-based HR and payroll systems across the globe.
The multi-year outsourcing contract signed by the company encompasses different functional areas such as employee administration, self-service, environmental health and payroll.
The maintenance services offered by Accenture include … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM To Fix Volts For Battery Fires

Posted: 06 Jan 2012 02:57 PM PST

General Motors Company (NYSE:GM) has asked the owners of its plug-in electric hybrid Chevrolet Volt to return their cars for free repairs that will lower the risk of battery fires.
Both GM and National Highway Traffic Safety Administration (NHTSA) revealed that the battery fires are caused by coolant leaking from the damaged plastic casing around the batteries after side-impact collisions when they undertook a series of crash tests. However, no owners have reported any fire accidents in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Citi OneMain Sale Hits A Snag

Posted: 06 Jan 2012 02:55 PM PST

Citigroup Inc.'s (NYSE:C) effort to sell its OneMain consumer-lending unit has hit a roadblock. The company was in talks with a number of private equity buyers but a sale agreement could not be reached, according to a Wall Street Journal report.
The turmoil in the credit markets in the midst of the European sovereign debt crisis as well as increasing qualms regarding a global economic slowdown has been cited for the failure to reach an agreement.
Citi was in talks with a bidding group for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Enterprise, Genesis Pipeline Plan

Posted: 06 Jan 2012 02:55 PM PST

Enterprise Products Partners L.P. (NYSE:EPD) and Genesis Energy L.P. (GEL) have inked a construction agreement for a crude oil gathering pipeline to serve the Lucius development area in the Gulf of Mexico.
Southeast Keathley Canyon Pipeline Company LLC ("SEKCO") – a 50:50 joint venture between Enterprise and Genesis, will be the owner and responsible for the construction.
Enterprise and Genesis have executed the crude oil transportation agreement with a group of six producer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stock Charts To Watch Next Week

Posted: 06 Jan 2012 02:51 PM PST

 ( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) is breaking out with rising volumes. Next resistance lies at 12.69 and a close above this level will bring a target of 13.95. Stop loss should be 9.22 for all long positions on daily closing basis. Now, that the stock is on an uptrend and the MACD indicator is above signal line any pull back would mean great buying opportunity.

( click to enlarge )

The stock is at a critical level in its recent uptrend and has been a market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

HSBC To Divest South Korean Unit

Posted: 06 Jan 2012 02:35 PM PST

On Thursday, Financial Times reported that HSBC Holdings Plc (NYSE:HBC) is on the final stages of talks to sell its South Korean retail banking operations to KDB Financial Group. This is a part of the company's strategy to shed unprofitable operations in an attempt to revamp its businesses, stabilize capital levels and improve efficiency.
Back in May 2011, the CEO of HSBC had announced the plans to reduce the operating expenses by $3.5 million by the end of 2013 through restructuring and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Heart-to-Heart: Evolving TAVR Market

Posted: 06 Jan 2012 02:35 PM PST

The past few years were challenging for the medical devices companies due to widespread economic uncertainty, reimbursement pressure and declining procedure volume. The ripple effects of these events took a heavy toll on the industry across the board. The companies were forced to look for other solutions to manage their top line.  
In addition to restructuring initiatives and focus on emerging markets, the target was primarily on nascent technologies. In a sector where innovation and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Updating SP500 Market Structure For January 2012

Posted: 06 Jan 2012 02:29 PM PST

The S&P 500 is compressing between a shorter-term and broader consolidation pattern, so it could make for an interesting breakout resolution yet to come.
Let's take a look at the bigger picture of Market Structure and then zoom-in on the intraday structure to note key reference levels.
First, the broader picture starting with 2011:

To recap, when we say "Market Structure," we're referring to the progression or sequence of price highs and lows.
In simplest terms, a series of higher … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Betting On Telecom? See DCF

Posted: 06 Jan 2012 02:20 PM PST

In a technology driven world, it has become a prerequisite for the telecom companies to constantly upgrade themselves lest they fall behind. But remaining up-to-date involves technological changes and innovations that raise the capital spending needs of the telecom carriers and in turn put pressure on the companies' bottom lines. The recent smartphone frenzy has also prompted huge investments in spectrum purchases to boost video content and other data services.
Developments notwithstanding, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Family Dollar’s Profit Jumps

Posted: 06 Jan 2012 02:20 PM PST

The economy seems in no mood for a respite, and bargain hunters are going from one shop to another to grab the best deal, with their primary focus being on consumable items, and Family Dollar Stores Inc. (NYSE:FDO), the operator of self-service retail discount store chains, remains successful in luring cautious consumers amid the economic gloom.
This was quite evident from the company's first-quarter 2012 results. The quarterly earnings of 68 cents a share that came in line with the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

December Gains Lift Ross’ Forecast

Posted: 06 Jan 2012 02:11 PM PST

The largest off-price apparel and home fashion chain in U.S., Ross Stores Inc. (NASDAQ:ROST) came up with stronger-than-expected sales and same-store sales numbers for the five weeks ended December 31, 2011.
Ross Stores' same-store sales in December grew 9% compared to growth rates of 4% and 12% recorded in 2010 and 2009, respectively. For the eleven-month period, same-store sales increased 5% versus a 5% growth in 2010 and a 6% growth seen in 2009.
Ross Stores' sales in December 2011 jumped 14% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ViroPharma Expects A Strong 2012

Posted: 06 Jan 2012 02:05 PM PST

ViroPharma Inc. (NASDAQ:VPHM) recently provided sales and expense guidance for 2012. The company expects net product sales in the range of $600 – $660 million. Further, ViroPharma forecasts US Cinryze sales to come in at $310 – $330 million, with Vancocin sales expected to range from $260 – $310 million.
Additionally, the company anticipates research and development (R&D) and selling, general and administrative (SG&A) expenses to be in the $230 – $260 million range.
We note that the 2012 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM To Volt Owners: Return Your Cars

Posted: 06 Jan 2012 02:00 PM PST

01/06/12 General Motors is advising Volt owners to return their electric cars to dealers for repairs that will help prevent the risk of battery … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Dip As Market Shrugs Off Jobs Report; Dow Down 0.45%

Posted: 06 Jan 2012 01:56 PM PST

Forexpros – U.S. stocks finished mixed to lower on Friday as investors brushed off stronger-than-expected jobs figures and sold their equities for profits.

The Dow Jones Industrial Average closed down 0.45%, while the S&P 500 index was down 0.25% and the Nasdaq Composite index finished up 0.31% on Friday.

In the U.S. on Friday, the Bureau of Labor Statistics reported that the economy added a net 200,000 nonfarm payrolls in December, better than forecasts for a 150,000 gain.

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

Magna Acquires German Seat Maker

Posted: 06 Jan 2012 01:55 PM PST

Magna International Inc. (NYSE:MGA) announced that its seating unit has acquired the assets and business of Vogelsitze GmbH in Karlsruhe-Stupferich, Germany. Vogelsitze is a manufacturer of seats for the bus and light train industries. In 2011, Vogelsitze's sales are expected to be €19 million ($24.5 million).
The acquisition will strengthen Magna's position in the German market and enhance its product portfolio. It will also help the company win Vogelsitze's existing customers, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Empty Plastic

Posted: 06 Jan 2012 01:41 PM PST

While economists and the mainstream media tried hard to get everyone excited by today’s “better-than-expected” employment report (which included an unusually large and likely-to-be-reversed spike in hiring in the “Couriers & Messengers” category), they failed to mention one thing: even if they’re are a few more jobs around, that doesn’t necessarily mean Americans are going to go out and start buying stuff.
For one thing, they have a lot of other obligations to take care of first.
As Card … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Ends 2011 With Weak Demand

Posted: 06 Jan 2012 01:40 PM PST

The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of higher imports and dwindling product demand, while gasoline supplies rose after two straight weeks of decrease. The agency's report further revealed that distillate stocks posted a larger-than-expected build. Meanwhile, refinery utilization rate was up by 0.8%.
The Energy Information Administration (“EIA”) Petroleum Status Report – which contains data for the previous week … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fifth Third 4Q Pretax Income Dips

Posted: 06 Jan 2012 01:35 PM PST

Cincinnati-based Fifth Third Bancorp (NASDAQ:FITB) will record a reduction of $68 million in its fourth-quarter 2011 pretax income, the company said on Thursday. The drop in income follows the litigation faced by Visa Inc. (NYSE:V).
In 2005, some retailers filed lawsuits against Visa, MasterCard Inc. (NYSE:MA) and several other banks. They accused these credit card companies of preventing retailers to provide cheaper payment options to customers in order to eliminate competition. Therefore, Visa is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

LEAP Boosts Customer Growth

Posted: 06 Jan 2012 01:20 PM PST

Leap Wireless International Inc. (NASDAQ:LEAP), one of the low-cost wireless service providers in the U.S, announced huge subscriber additions in the last quarter of fiscal 2011. The company gained nearly 175,000 subscribers in the fourth quarter of 2011, mainly fueled by the launch of Muve Music, increased smartphone sales and attractive service plans
The company stated that it has added 413,000 subscribers in fiscal 2011, up 65.9% year over year. Out of the total net customer addition for the year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is The Resurrection Of Undervalued Miners In 2012 Beginning?

Posted: 06 Jan 2012 01:14 PM PST

Once again at the end of 2011 we heard the voices of negation sounding the fear of the bursting of the commodities bubble.  The naysayers come out with their Cassandra calls whenever commodities go into a characteristic and salubrious selloff.  They never really learn to respect the importance of gold (GLD) and silver's (SLV) role in the long range secular multiyear ongoing rise.
Gold Stock Trades emphasized the importance of avoiding knee jerk reactions when precious metals … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Target Disappoints, Trims Outlook

Posted: 06 Jan 2012 01:10 PM PST

Target Corporation (NYSE:TGT) recently posted lower-than-expected sales results for the five-week period ended December 31, 2011. However, this compared favorably with the prior-year quarter. The lower-than-expected sales results were driven by softness in electronics and Music, Movies & Books. But higher sales in grocery and beauty products were the tailwinds.
Target registered an increase of 1.6% in comparable store sales for December 2011 compared with a rise of 0.9% in the prior-year … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Netflix Loses HBO DVDs

Posted: 06 Jan 2012 01:05 PM PST

In a surprising turn of events, HBO has decided to discontinue selling DVDs to Netflix Inc. (NASDAQ:NFLX). This move on HBO's part is expected to escalate Netflix's procurement costs as the latter will have to purchase DVDs from other sources at a higher cost as against the discounted price offered by HBO earlier.  
However, Netflix assured its DVD rental customers of the availability of HBO discs regardless of HBO's negative stance. Time Warner Inc.’s (NYSE:TWX) HBO previously declined to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Utility Stocks: A Good Bet In 2012?

Posted: 06 Jan 2012 01:05 PM PST

U.S.electric utility segment includes electric, natural gas pipeline and distributors, water, and independent power producers. The segment was among the most stable sectors in fiscal 2011 in terms of return.
Fiscal 2011 witnessed continued volatility from the European debt crisis leading the U.S. Federal Reserve to reduce its growth forecast, raising projections for unemployment and leaning on buying more mortgage debt to tide over a troubled economy. 
The year has been hard on investors … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Drift Lower As Week Comes To An End

Posted: 06 Jan 2012 08:00 AM PST

01/06/12 NYFP’s Closing Bell Report: During a week of strong gains, the final trading session saw a slight dip in stocks as eurozone debt concerns dragged markets … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Firms As Jobs Market Shows Signs Of Life

Posted: 06 Jan 2012 12:52 PM PST

Forexpros – The dollar strengthened against the world’s major currencies on Friday, firming on news that the U.S. economy added a net 200,000 jobs in December, above expectations.

The greenback on Friday was up against the euro, with EUR/USD dropping 0.535% to hit 1.2721.

The Bureau of Labor Statistics jobs report sparked demand for dollars as the data hit the wire at a time when European debt woes were rising anew.

German factory orders slipped 4.8% in November, coming in worse than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Statoil Hits Oil Again In Gullfaks

Posted: 06 Jan 2012 12:50 PM PST

Norwegian oil firm Statoil ASA (NYSE:STO) made its fourth oil discovery at the Gullfaks field off Norway in the past 10 months. The company's drilled well, Skinfaks South, is estimated to have almost 1.9 to 6.9 million barrels of oil equivalents in reserve.
Located in block 33/12 in the North Sea, the well was drilled to a depth of 3722 meters below sea level with the semi-submersible COSL Pioneer rig. Statoil controls the operating rights of the concession with a 70% interest, while state-owned … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SIRIUS XM Beats Subscriber Estimate

Posted: 06 Jan 2012 12:50 PM PST

SIRIUS XM Radio Inc. (NASDAQ:SIRI) recently announced that the company has completed the year 2011 with 1.7 million net customer additions, surpassing its previous projection of 1.6 million net customer additions.
SIRIUS XM added approximately 1.16 million subscribers in the first nine months of fiscal 2011 with an average of 386,000 customers per quarter.
However, in the last quarter, the company added nearly 540,000 customers, which in itself is the most since 2008, and helped the company surpass … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Perrigo Down To Neutral

Posted: 06 Jan 2012 12:40 PM PST

We have downgraded our rating on Perrigo Company (NASDAQ:PRGO) from Outperform to Neutral with a target price of $100.00.
Perrigo's broad line of store brand pharmaceutical products has the same active ingredients and comparable quality and efficacy as the national brands. This has helped the company become a dominant player in the store brand over the counter (OTC) drug market. We believe that Perrigo's strong position in the brand OTC pharmaceutical market and growing generics and API … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monetary Policy Week In Review – 7 Jan 2012

Posted: 06 Jan 2012 12:40 PM PST

The past week in central banking and monetary policy was relatively quiet, with just 5 central banks announcing interest rate decisions.  Those changing interest rate settings were: Romania -25bps to 5.75%, Bangladesh +50bps to 7.75%, and Cape Verde +150bps to 5.75%.  Those that held rates unchanged were Uganda at 23.00%, and Trinidad & Tobago at 3.00%.  Also making news was the signing into law of sanctions against Iran’s central bank by the US, Chinese leaders commenting on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Set-Ups

Posted: 06 Jan 2012 12:22 PM PST

Cusick’s Corner 01-06-2012
Consolidation continues and really there is not much more to tell at this stage. The signals that I watch, RUT, FXE, UUP, are all aligned with consolidation. I am watching to see if stocks get tired of trying to break to the upside and creep back off the highs, this could get the bid frustrated enough to just sit out when the next pullback starts. In this environment of mixed fundamentals, I am focusing on technicals and using them to scan for new potential trade … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

WAG Dec Sales Rise, ESRX Loss Felt

Posted: 06 Jan 2012 12:20 PM PST

The termination of the contract with Express Scripts (NASDAQ:ESRX) continues to affect Walgreen (NYSE:WAG) sales. The company recorded a modest 2.7% year-over-year growth in sales to $6.98 billion, for the month of December. Total front-end sales increased 1.4% with a 0.6% rise in comparable store front-end sales. 
Prescriptions filled at comparable stores increased 0.6% in December. Calendar day shift in December 2011 with one additional Saturday and one fewer Wednesday compared to the year-ago … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bank Of Cape Verde Raises Rate 150bps To 5.75%

Posted: 06 Jan 2012 12:12 PM PST

The Banco de Cabo Verde (Bank of Cape Verde) increased its minimum cash availability ratio (DMC) by 200 basis points to 18.00% from 16.00%, and its base interest rate by 150 basis points to 5.75% from 4.25% previously. The Standard Lending Facility rate will be 8.75% and the Absorption Standing Facility Rate will be 3.25%. The Bank said [translated]: “The unfavorable balance of payments, the persistence of serious financial problems at the international level – in particular in the euro area – … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is The Secular Bear Market Close To Ending?

Posted: 06 Jan 2012 12:06 PM PST

A recurring theme among some reporters and bloggers is the possible breakout of the mega-caps.  I believe one cause for this line of reasoning is the persistent dream of an end to what is now the 12th year of the … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CSIQ Done With 10MW Ningxia Project

Posted: 06 Jan 2012 12:05 PM PST

Canadian Solar Inc. (NASDAQ:CSIQ) has completed work on a 10 MW solar project in collaboration with Ningxia Electric Power Group. The collaboration has completed the grid-connection of the ground mounted solar project, which is part of a 50MW solar plant, in Hongsibao, Ningxia, in northwest China.
The 10MW solar project comprises 8 MW of fixed system and 2 MW of tracking system. The facility is expected to generate approximately 13,511,167 KWh of solar power. This renewable solar energy has the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/GBP Falls As Pound Acts As Safe Haven

Posted: 06 Jan 2012 11:45 AM PST

Forexpros – The euro weakened against the pound on Friday as investors acted on growing sentiment that U.K. government debt can serve as a safe-haven play for those looking for shelter from the European crisis.

EUR/GBP hit .8249 in U.S. trading on Friday, down 0.05% and up from a session low of .8239 and off from a high of .8266.

The pair was likely to find support at .8239, Friday’s earlier low, and resistance at .8348, Wednesday’s high.

In Europe, banks continue to deposit money in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Falls On Jobs-fueled Dollar Buying Spree

Posted: 06 Jan 2012 11:05 AM PST

Forexpros – Gold prices fell on Friday after better-than-expected unemployment figures out of the U.S. sparked demand for the dollar, the metal’s traditional hedge.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,619.05 a troy ounce, down 0.06%.

Gold futures were likely to test support at USD1,594.05 a troy ounce, Wednesday’s low, and resistance at USD1,632.15, an earlier Friday high.

In the U.S. earlier Friday, the Bureau of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Monday, January 9, 2012

Posted: 06 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, January 9, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0226
− 0.35
1.0291
1.0270

Bearish

EURUSD – Euro / US Dollar
1.2718
− 0.56
1.2850
1.2830

Bearish

GBPUSD – British Pound / US Dollar
1.5425
− 0.44
1.5531
1.5490

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0278
+ 0.82
1.0185
1.0213

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, January 9, 2012

Posted: 06 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, January 9, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.16
− 2.14
9.29
9.18

Bearish

AXP – American Express Company
48.27
− 1.09
48.34
48.31

Bearish

BA – Boeing Co
73.98
+ 0.61
73.77
73.91

Bullish

BAC – Bank of America Corporation
6.18
− 2.06
6.02
6.05

Bullish

CAT – Caterpillar Inc
95.76
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Monday, January 9, 2012

Posted: 06 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, January 9, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1274.25
+ 0.10
1271.61
1272.08

Bullish

Dow Jones – Mar YMH2
12309
− 0.18
12323
12314

Bearish

Nasdaq – Mar NQH2
2352.25
+ 0.54
2333.39
2337.83

Bullish

Russell – Mar TFH2
747.60
+ 0.21
745.63
746.40

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
143-01
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Monday, January 9, 2012

Posted: 06 Jan 2012 04:33 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, January 9, 2012

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
110.12
+ 0.08
110.00
110.05

Bullish

BND – Vanguard Total Bond Market ETF
83.34
+ 0.06
83.32
83.32

Bullish

DBC – DB Commodity Index Tracking Fd
27.59
+ 0.44
27.63
27.61

Bearish

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

Will Good News Be Good Or Bad News?

Posted: 06 Jan 2012 12:18 AM PST

In the wake of the “beat” by the ADP release and as traders wait for the Non-Farm Payroll figures due out at 830 Eastern Time, here is something to ponder.

Is good news (better growth) good news or bad news?
The most recent string of economic releases have been pointing to an American economy that is growing, albeit slowly at a 1-2% real rate of growth. The WSJ reports that primary dealers are expecting that QE3 is on the way:
The primary dealers also see a 60% chance of the Fed adding to its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

No comments:

Post a Comment