Thursday, January 26, 2012

DailyMarkets.com - Gold, Silver Aiming Higher As Federal Reserve Stokes Inflation Bets

DailyMarkets.com - Gold, Silver Aiming Higher As Federal Reserve Stokes Inflation Bets


Gold, Silver Aiming Higher As Federal Reserve Stokes Inflation Bets

Posted: 26 Jan 2012 01:32 AM PST

Talking Points

Crude Oil, Copper Turn to Earnings Calendar for Guidance on Demand Outlook
Gold, Silver Aim Higher in Weeks Ahead as Dovish Fed Lets Loose Inflation Bets

WTI Crude Oil (NY Close): $99.40 // +0.45 // +0.45%
As we suspected yesterday, crude oil prices edged higher after an overtly dovish FOMC announcement sank the US Dollar. The move higher was muted by a pickup in inventories however, where the weekly build more than doubled expectations. Looking ahead, a mixed set of US … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


FOMC Holds Rate At 0-0.25%, Announces Inflation Target, Releases Inaugural Fed Forecasts

Posted: 26 Jan 2012 01:03 AM PST

The US Federal Open Market Committee (FOMC) kept the fed funds rate steady at 0 to 0.25 percent. The Fed said: “To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy.  In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


RBNZ Holds OCR At 2.50%, Signals No Change

Posted: 26 Jan 2012 12:43 AM PST

The Reserve Bank of New Zealand kept the Official Cash Rate (OCR) on hold at 2.50%, noting the impact of global developments.  The Bank Said: ”In the domestic economy we continue to see modest growth. Over recent months there have been signs of a limited recovery in household spending and the housing market. Further ahead, repairs and reconstruction in Canterbury will also provide a significant boost for an extended period, though there may be further delays resulting from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Bank Of America Corp. (BAC)

Posted: 25 Jan 2012 11:00 PM PST

Bank of America Corp.’s (NYSE:BAC) fourth-quarter earnings came in substantially lower than the Zacks Consensus Estimate. The sale of non-core assets and accounting gains made it possible for the company to remain profitable during the quarter. However, excluding nonrecurring items, the company would have incurred a loss.
Higher non-interest expense was the primary headwind in the quarterly numbers. Also, capital and liquidity remained weak. For the full year 2011, the company reported earnings of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: DaVita Inc

Posted: 25 Jan 2012 11:00 PM PST

Davita (NYSE:DVA)
Insurance companies aren't the only ones who stand to benefit from healthcare for all.  Providers like DaVita will be able to help more sick patients under the new plan and in turn generate more profits.
They are the premier kidney care provider in America and serve the more than 400,000 people in need of their services.  They are looking to expand their services over the coming years which should prove to be a profitable venture according to analysts.
Studies have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Omega Healthcare Investors, Inc.

Posted: 25 Jan 2012 11:00 PM PST

Omega Healthcare Investors, Inc. (NYSE:OHI) offers investors solid growth and exceptionally strong income at a reasonable price.
Estimates have been rising after the company delivered better than expected third quarter results. It is a Zacks #2 Rank (Buy).
The company also pays a divdend that yields a stellar 7.9%. Valuation is attractive too, with shares trading at less than 11x forward earnings.
REIT
Omega Healthcare is a real estate investment trust (REIT) that provides financing and capital to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: BJ's Restaurants, Inc. (BJRI)

Posted: 25 Jan 2012 11:00 PM PST

BJ’s Restaurants (NASDAQ:BJRI) remains well positioned to sustain its growth momentum, while generating improved earnings on the heels of efficient operations and innovative offerings. These also help the company to drive traffic and post robust same-store sales growth. The company also boasts a debt-free balance sheet.
The company remains committed to its unit growth beyond 2011 and believes that there is room for at least 300 restaurants. Additionally, the core Californian market, which had been … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Arctic Cat Inc.

Posted: 25 Jan 2012 11:00 PM PST

Arctic Cat Inc. (ACAT) announces a big buy back and sees estimates move higher making it a Zacks #1 Rank (Strong Buy).
Company Description
Arctic Cat Inc. (NASDAQ:ACAT) produces all-terrain vehicles (ATVs) and snowmobiles under the Arctic Cat brand name, as well as related parts, garments and accessories. The company markets its products through a network of independent dealers located throughout the United States and Canada, and through distributors representing dealers in Europe, the Middle East, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wine & Beer Served At Starbucks

Posted: 25 Jan 2012 09:15 PM PST

Starbucks Corporation (NASDAQ:SBUX) has decided to sell beer and wine in 12 cafes in Southern California, Atlanta and in Chicago.
The stores will be remodeled and redecorated to match an evening mood. The wines served in these outlets will mirror the local flavor and will be hand made. Moreover, Starbucks revealed that they will offer evening snacks such as cheese plates and hot flatbreads to complement with the drinks.
Customers keep traffic plentiful in Starbucks cafés throughout the day, but the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USD/SGD Breaks Support @ 1.26528

Posted: 25 Jan 2012 08:18 PM PST

All week we have been noting support for the pair at 1.26528, but following Bernanke's testimony towards the end of New York trading the USD took a hit causing the USD/SGD to break support at this level after finding resistance at the 100 hour moving average.

From a daily perspective, the 1.2572 level currently being trading has shown the pair support towards the end of the summer. The next bearish target is the 200 day moving average coming in at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


“The Great Convergence”

Posted: 25 Jan 2012 08:00 PM PST

In last week's Recap Report recently sent to subscribers, I wrote and included the following chart: "….. at the risk of being labelled melodramatic …. I see "The Great Convergence" coming to a head and finally getting resolved with the … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: AUDJPY Hits Trendline

Posted: 25 Jan 2012 07:18 PM PST

The AUDJPY play we have been looking at is at trendline resistance, a break higher could create a long-term trading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDSGD Approaching 200day

Posted: 25 Jan 2012 07:18 PM PST

The USDSGD pair has broken down the last few weeks and is approaching the 200day moving average where perhaps the pair and the USD can find some support against the risk out there (also at the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Singapore Stock Market Update For Thursday 26 January

Posted: 25 Jan 2012 06:41 PM PST

Happy new year everyone! Hope you enjoyed the long holidays.

Market is on the upbeat after the Federal Reserve said interest rates would remain low through late 2014. We mentioned before that if 2,800 is broken, it will turn support. As far as we are concerned, the market had rallied close to 300 points since low of 2600 created on Dec 20 2011. Therefore, a pause from the market now is inevitable. 2,900 still remains as the resistance for now. We expect market to consolidate at this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Women Have Less Political Ambition Than Men. So?

Posted: 25 Jan 2012 06:02 PM PST

From the executive summary of the article “Men Rule: The Continued Under-Representation of Women in U.S. Politics,” by Jennifer L. Lawless (American University) and Richard L. Fox (Loyola Marymount University):

“Study after study finds that, when women run for office, they perform just as well as their male counterparts. No differences emerge in women and men's fundraising receipts, vote totals, or electoral success. Yet women remain severely under-represented in U.S. political … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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