Friday, January 27, 2012

DailyMarkets.com - Crude Oil, Gold Aim Higher On Accelerating US Economic Growth

DailyMarkets.com - Crude Oil, Gold Aim Higher On Accelerating US Economic Growth


Crude Oil, Gold Aim Higher On Accelerating US Economic Growth

Posted: 27 Jan 2012 01:55 AM PST

Talking Points

Crude Oil, Copper Aim Higher as US GDP Pickup Promises Demand Growth
Gold, Silver to Rise as Stronger US Growth Boosts Inflation Expectations

WTI Crude Oil (NY Close): $99.70 // +0.30 // +0.30%
The spotlight has turned to the fourth-quarter US GDP figures into the week-end. Output is expected to expand at an annualized rate of 3 percent in the fourth quarter, marking the best performance since the three months through June 2010. Broadly speaking, a pickup in growth bodes well … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Eurozone M3 Money Supply Up 1.6% Vs 2.2% Expected For Year

Posted: 27 Jan 2012 01:18 AM PST

Private loans up 1.0% vs 2.1% for year.
Eur/Usd has dipped below 1.31 to trade at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Pall Corporation

Posted: 26 Jan 2012 11:05 PM PST

Pall Corporation (NYSE:PLL) recently delivered better than expected results for the first quarter of its fiscal 2012. This marked the company’s 6th positive earnings surprise in 7 quarters.
Analysts have been raising their estimates off of the strong quarter, sending the stock to a Zacks #2 Rank (Buy). Based on current consensus estimates, analysts project 16% EPS growth this year and 13% growth next year.
The company also recently raised its dividend by 20%. It currently yields a solid … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Xyratex Ltd.

Posted: 26 Jan 2012 11:05 PM PST

Xyratex Ltd. (XRTX) has seen some good earnings surprises and fights off the pressure of the Thailand floods. The stock is a Zacks #1 Rank (Strong Buy).
Company Description
Xyratex provides modular enterprise-class data storage subsystems and hard disk drive capital equipment for original equipment manufacturers (OEM), and hard disk drive manufacturers and their component suppliers in North America, Asia, and Europe. It operates in two segments, Networked Storage Solutions and Storage … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Mohawk Industries

Posted: 26 Jan 2012 11:05 PM PST

Mohawk Industries Inc (NYSE:MHK)
There are many industry insiders who believe housing is making a turnaround.  I have yet to agree that the action in housing we are seeing is substantial in terms of price. 
One thing we do have is new and existing home sales on the rise.  This to me is a positive for a company like Mohawk.  Whether you think that the average consumer is finally buying houses on confidence or that investors are simply scooping up great deals at rock bottom … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Vistaprint NV (VPRT)

Posted: 26 Jan 2012 11:05 PM PST

Vistaprint NV’s (NASDAQ:VPRT) earnings for the first quarter of fiscal 2012 were well ahead of the Zacks Consensus Estimate. However, we believe that the slow pace of the economic recovery, coupled with huge investments in 2012 and 2013 to attract customers, will restrict improvements in its top as well as bottom lines.
The new set of initiatives also involves increased risk and lack of visibility toward return on investments at the current level. Substantial exposure to international markets also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: ZOLL Medical Corp. (ZOLL)

Posted: 26 Jan 2012 11:05 PM PST

We retain our Outperform recommendation on ZOLL Medical Corp. (NASDAQ:ZOLL) following its forecast-topping first quarter results. Revenues and earnings for the quarter beat the Zacks Consensus Estimates, driven by strong sales from the company’s LifeVest and temperature management businesses.
The company witnessed healthy sales across the North American hospital and pre-hospital markets. We are pleased with ZOLL’s solid fundamentals and its broad product range. Moreover, its significant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bought CGR @ $1.46 – CDY Update

Posted: 26 Jan 2012 08:28 PM PST

First a brief update on Cardero Resources (CDY). I introduced this stock to readers on December 26 when it was trading for 95 cents. Though I did not purchase CDY (I set a limit price that was never hit) I am very pleased that many readers did buy the stock, as it closed today at $1.53. This daily chart updates the stock’s subsequent performance and highlights what can happen when the overhead resistance of the 50 dma and 200 dma are overcome.

Click on any chart to ENLARGE

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


Wrong Again?

Posted: 26 Jan 2012 07:32 PM PST

According to one global manufacturing powerhouse, the outlook for 2012 is pretty rosey.
“There Won’t Be a Global Recession, Caterpillar Says” (TheStreet)
Don’t worry about a global recession. Caterpillar says it won’t happen in 2012.
In an eventful week in which Apple surprised the world with outsized profit and sales gains, and the Federal Reserve said it would keep interest rates low for at least another three years, Caterpillar’s results sneaked up on investors. The construction-equipment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDSGD Bounces Off 200day

Posted: 26 Jan 2012 07:18 PM PST

Forex Trading: USD/SGD Finds Resistance @ 38.2% On Hourly

Posted: 26 Jan 2012 07:18 PM PST

We saw some risk-off sentiment earlier causing the USD to make some head way. In the case of the USD vs. the SGD, the pair couldn't secure a close above the 38.2% line on the move from Tuesday's high to yesterday's low. The current targets are 1.25356 to the downside and 1.26105 to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USD/CNH Re-testing Lows

Posted: 26 Jan 2012 07:18 PM PST

The pair hasn't traded below this level since January 19th. If we can close below 6.2872 we may see further selling with no significant levels between here and the all time low of 6.27195. If support holds we look back to the 38.2% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: AUD/JPY Tests Support @ 81.905

Posted: 26 Jan 2012 07:18 PM PST

Risk pairs are firmer in recent trading after low risk sentiment earlier. If this continues the next stop for AUD/JPY could be a re-test of the 81.815 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Interesting Fact Of The Day

Posted: 26 Jan 2012 05:40 PM PST

The jobless rate for the manufacturing sector of the U.S. economy was below the national jobless for each of the last seven months of 2011 from June through December.  That reversed a period from October 2008 to May 2011 when the manufacturing jobless was equal to or higher than the national average rate for 32 consecutive months.  The gap during that period was at its highest in April 2009 when the manufacturing jobless rate was almost 4 points higher at 12.4% than the national … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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