DailyMarkets.com - Hot Option Plays: Gap & Hold
DailyMarkets.com - Hot Option Plays: Gap & Hold |
- Hot Option Plays: Gap & Hold
- Plains Raises Returns For Unitholders
- Auxilio’s Partnership With Sodexo Brings Results
- Life Tech For Faster Sequencers
- Forex- Dollar Gains On Euro Zone Worries
- Earnings Preview: Textron Inc.
- COPEL Stays ‘Neutral’
- Recommended: FRED Add-In For Microsoft Excel
- Nordstrom Expands In Virginia
- Macy’s Offers Debt
- Supervalu’s EPS In-Line, Sales Dip
- AMAG Q4 Sales Set To Disappoint
- Valspar Announces Debt Offering
- Crude Oil Futures Drop On Inventory Gains, Slowdown Fears
- 2012: The Year Of The Undervalued Junior Miners
- Valdes: “People On The Sidelines…have Lost Confidence”
- Fossil To Acquire Skagen
- Forex Trading: EURUSD Pushes Higher On Potential US Aid
- MetLife Ends Forward Mortgage Unit
- Citi’s China JV Gets Regulatory Nod
- BP Joins Sempra For Wind Power
- Ryder’s Green Initiative Underway
- Liberty Media Initiated As Neutral
- Forex – EUR/USD Plunges On France Downgrade Worries, Contraction Fears
- Fed Profits
- Euro Loses Gains, Falls On Fitch
- Sold DUST @ $35.99
- Central Bank Of Kenya Pauses Rate At 18.00%
- Success For BSD’s Rental Program
- European Stocks Hit By Fitch Words, German Contraction; DAX Down 0.17 %
- Forex Trading: AUDUSD Finds Proper Support Today In Up And Down Session
- Forex Trading: GBPUSD Makes New Three Month Low
- Forex Trading: EURUSD Makes Move To The Next Step But Finds Dip Buyers
- Forex Trading: GBPUSD Moves Toward Target. EURUSD Double Bottom?
- Forex Trading: GBPUSD Races To New Lows. Intraday Support Line May Look To Hold Here
- Forex Trading: EURUSD Breaks To New Lows But Reluctant Sellers Forces Some Covering
- Polish Central Bank Holds Interest Rate At 4.50%
- Gentiva Provides Weak 2012 Forecast
- Genomic Looks To Diversify Offering (revised)
- Market In Wait-and-See Mode
- More Offerings From Activision’s MW3
- Stock Market News Briefs: Charles River Laboratories International, Eastman Kodak Company, Emulex, Audiovox Corporation
- Cubist’s Preliminary Sales Impress
- Is All Well For Tiffany?
- MMI Enhances Droid Portfolio
- Denny’s Posts Upbeat Prelim Results
- Sales Surge At Body Central
- Tesoro Puts Hawaii Unit For Sale
- Hits And Misses In 2011 Airlines
- Novelis To Supply Cans To Coca-Cola
- WPPGY To Acquire Oasis
- Broadcom’s Series Of Advances
- US Stocks Retreat On EU Concerns
- The Breadline For Financial Bloggers
- Crude Oil Futures Adds To Losses After Large U.S. Supply Gain
- Forex – Dollar Extends Gains As Debt Concerns Punish Euro
- Natural Gas Futures Plunge 4% To Hit Fresh 28-month Low
- Forex – Pound Hits 3-month Low Against Broadly Stronger Dollar
- Crude Slips Alongside Euro, Still Above $101
- Forex – EUR/USD Tumbles To 16-month Low On Debt Woes
- Dynamic Market Pricing Reduces Congestion On The 520 Bridge, With Maybe Some Help From An App?
- U.S. Stocks Open Lower As EU Debt Woes Weigh; Dow Falls 0.25%
- British Pound And Euro Pace Losses Ahead Of Central Bank Meetings
- Forex – USD/CAD Up Amid Renewed Euro Zone Debt Fears
- Gold Futures Pare Gains As U.S. Dollar Strengthens
- Forex – EUR/JPY Hovering Close To 11-year Low
- Fitch Warning Turns Global Markets Lower
- The January Effect: Buy Stocks Now Or Run For Cover?
Posted: 11 Jan 2012 12:23 PM PST Cusick’s Corner 01-11-2012 |
Plains Raises Returns For Unitholders Posted: 11 Jan 2012 12:05 PM PST Plains All American Pipeline LP (NYSE:PAA) extended its practice of sharing more benefits with its unitholders through the increase of the cash distribution rate. The partnership announced a new quarterly cash distribution rate of $1.025 per unit on all of its outstanding limited partner units. |
Auxilio’s Partnership With Sodexo Brings Results Posted: 11 Jan 2012 11:50 AM PST Auxilio's Partnership with Sodexo Brings Results Auxilio, Inc. (AUXO), a Managed Print Services (MPS) company for the health care industry, announced that it signed a five year, $5 million agreement with Memorial Health System in Colorado Springs, Colorado. Memorial Health System has over 4,100 employees including over 650 beds and 950 physicians. Auxilio will implement its print management solutions program, which is anticipated to cut costs and maximize efficiencies to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Life Tech For Faster Sequencers Posted: 11 Jan 2012 11:50 AM PST The DNA sequencing market is likely to get more competitive with both Life Technologies Corporation (LIFE) and Illumina (NASDAQ:ILMN) showcasing devices that can sequence a human genome in a single day rather than weeks. |
Forex- Dollar Gains On Euro Zone Worries Posted: 11 Jan 2012 11:44 AM PST Forexpros – The U.S. dollar added to gains against its major counterparts as renewed euro zone debt worries sent investors into the relative safety of the greenback. During late session U.S. trade, the dollar was higher against the euro with EUR/USD giving back 0.59% to hit 1.2703. Fitch Ratings triggered the selling after stating the European Central Bank needs to ramp up its efforts to bail out the euro zone by upping its bond purchases. Elsewhere, revised data indicating that the euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Earnings Preview: Textron Inc. Posted: 11 Jan 2012 11:35 AM PST Diversified U.S. conglomerate, Textron Inc. (NYSE:TXT) is slated to report its fourth quarter 2011 financial results before markets open on January 25. The current Zacks Consensus Estimate for the quarter is 36 cents a share. The Zacks Consensus estimates revenue at $3,286 million. |
Posted: 11 Jan 2012 11:20 AM PST We reiterate our Neutral recommendation on Companhia Paranaense de Energia (NYSE:ELP). The company, also named COPEL, is a fully integrated electric utility of Brazil serving approximately 3.8 million customers in 393 municipalities and 1,115 localities in the State of Parana. |
Recommended: FRED Add-In For Microsoft Excel Posted: 11 Jan 2012 11:13 AM PST I use the Federal Reserve Economic Data (FRED) from the St. Louis Federal Reserve on almost a daily basis and for those of you that also access these data on a regular basis, you might be interested in the free “FRED Add-In for Microsoft Excel” available here. According to the St. Louis Fed, “This Add-In is free software that will significantly reduce the amount of time spent collecting and organizing macroeconomic data. The FRED add-in provides free access to over 30,000 data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 11 Jan 2012 11:09 AM PST Nordstrom Inc. (NYSE:JWN), one of the largest fashion specialty retailers in the U.S., plans to further expand its Rack concept by opening a new two-level store in Tysons Corner, Virginia. The store, scheduled to open in fall 2012, will include a wide selection of apparels, accessories and shoes of the Nordstrom Rack store. |
Posted: 11 Jan 2012 11:09 AM PST Macy’s Retail Holdings Inc., a wing of Macy's Inc. (NYSE:M), recently announced the issuance of $800 million senior notes. The notes are divided into two parts – $550 million and $250 million. |
Supervalu’s EPS In-Line, Sales Dip Posted: 11 Jan 2012 10:55 AM PST Supervalu Inc. (NYSE:SVU), one of the largest grocery chains in the United States, delivered in-line fiscal third quarter 2012 earnings. Supervalu Inc.'s earnings per share (EPS) of 24 cents shot up 125.5% compared to a loss of 94 cents posted in the year-ago period. The quarterly earnings were in line with the Zacks Consensus Estimate in the quarter. |
AMAG Q4 Sales Set To Disappoint Posted: 11 Jan 2012 10:55 AM PST AMAG Pharmaceuticals Inc. (NASDAQ:AMAG) recently announced preliminary fourth quarter 2011 results besides providing an update on its sole marketed product Feraheme and its overall business. Feraheme is an injectable drug for intravenous use as an iron replacement therapy for the treatment of iron deficiency anemia (IDA) in adult patients suffering from chronic kidney disease (CKD). |
Valspar Announces Debt Offering Posted: 11 Jan 2012 10:55 AM PST The Valspar Corporation (NYSE:VAL) agreed to sell $400 million aggregate principal amount of 4.200% senior notes due January 15, 2022. |
Crude Oil Futures Drop On Inventory Gains, Slowdown Fears Posted: 11 Jan 2012 10:55 AM PST Forexpros – bsp;Forexpros – Crude oil futures dropped Wednesday on U.S. government data indicating that inventories climbed more than expected and deepening euro zone debt fears adding to demand concerns. On the New York Mercantile Exchange, light sweet crude futures for February settlement traded at USD101.86 a barrel during mid U.S. trade giving back 0.38%%. It is trading off a two day low of USD100.58 hit earlier in the session falling by as much as 1.55%. Strength in the U.S. dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
2012: The Year Of The Undervalued Junior Miners Posted: 11 Jan 2012 10:43 AM PST Recent Radio Interview with Jeb Handwerger |
Valdes: “People On The Sidelines…have Lost Confidence” Posted: 11 Jan 2012 10:30 AM PST 01/11/11 DME Securites’ Alan Valdes discusses trading volume in the US equity markets, and weighs in on the outlook and implications of the EU debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 11 Jan 2012 10:25 AM PST To expand its portfolio, Fossil, Inc. (NASDAQ:FOSL) has agreed to purchase the privately held Nevada-based Skagen Designs, Ltd. and some of its partners for approximately $225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $236.8 million. |
Forex Trading: EURUSD Pushes Higher On Potential US Aid Posted: 11 Jan 2012 10:18 AM PST There was a report from Handelsblatt saying the US may contribute to the IMF bailout fund – contingent on progress of the EU crisis. This sent the EURUSD quickly above the 1.2688 resistance and up to test the 100 bar MA on the 5 minute chart. The price was also near the 38.2% of the days entire trading range. Sellers have entered against the level and a move above will be needed to keep upside momentum. A failure to do so, and right now that is the case, would keep bears in control and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
MetLife Ends Forward Mortgage Unit Posted: 11 Jan 2012 10:09 AM PST Yesterday, MetLife Inc. (NYSE:MET) announced the closing of its forward residential mortgage business, which originated under MetLife Home Loans. Management had been already exploring a sale of this business as announced in October last year. The closure in turn is expected to lay off about 4,300 employees, about 6.5% of MetLife's total 66,000 employee base, associated with this business. |
Citi’s China JV Gets Regulatory Nod Posted: 11 Jan 2012 10:09 AM PST Citigroup Inc.'s (NYSE:C) securities joint venture (JV) in China with Shanghai-based Orient Securities Co. has received a regulatory nod and with this Citi inches closer to increasing its foothold in the territory. |
BP Joins Sempra For Wind Power Posted: 11 Jan 2012 10:00 AM PST U.K. energy major BP Plc (NYSE:BP) has collaborated with San Diego-based Sempra Energy (NYSE:SRE) for the development of two wind farms – Mehoopany Wind Farm in Pennsylvania and the Flat Ridge 2 Wind Farm in Kansas. Both the companies together intend to invest in excess of $1 billion for the project. |
Ryder’s Green Initiative Underway Posted: 11 Jan 2012 10:00 AM PST Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, has entered into its first "Flex-to-Green" lease agreement with Source Interlink, a U.S.-based publishing and logistics company. |
Liberty Media Initiated As Neutral Posted: 11 Jan 2012 10:00 AM PST We initiate coverage on Liberty Media Corp. (LMCA) with a Neutral recommendation. The company's third quarter of 2011 financial results significantly outperformed the Zacks Consensus Estimates. In November 2011, in a major strategic move, Liberty Media abandoned its plan to buy a controlling stake in Barnes & Noble, but instead intended to invest in the company. |
Forex – EUR/USD Plunges On France Downgrade Worries, Contraction Fears Posted: 11 Jan 2012 09:58 AM PST Forexpros – bsp; Forexpros – The euro dropped to 16 month lows versus the U.S. dollar due to France downgrade worries and German economic contraction. The pair is off a high of 1.2790 and is currently trading at 1.2687 down 0.71%. EUR/USD was likely to find support at 1.2587, the August 2010 low and technical resistance exists at 1.2790, the sessions high point. The single currency plunged after Fitch Ratings stated that the European Central … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 11 Jan 2012 09:54 AM PST The Fed announced yesterday that it turned over $76.9 billion of its earnings to the Treasury (and the taxpayer) during 2011. This was near the record $79.3 billion transferred during 2010. It is about three times the amount transferred during more normal times. For example, the transfers averaged $21.5 billion from 2002 through 2005. |
Euro Loses Gains, Falls On Fitch Posted: 11 Jan 2012 09:45 AM PST 01/11/12 The euro gave up yesterday’s gains this afternoon following a warning to the ECB from Fitch concerning the eurozone debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 11 Jan 2012 09:39 AM PST I was pleasantly surprised to see my position in Direxion’s Gold Miner Bear 3X ETF (DUST) rising in the pre-market and after the opening bell. But I had to make the responsible decision to not try and serve two masters – my trade and my class. So I sold…. @ $35.99 ….. and got on with teaching my students. My TSI Trading Record has been updated. A more current look at DUST on this 4 Hour Chart (below) shows some strong BUY signals in place. Not shown is a chart of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Central Bank Of Kenya Pauses Rate At 18.00% Posted: 11 Jan 2012 09:28 AM PST The Central Bank of Kenya held the benchmark lending rate unchanged at 18.00%, and held the Cash Reserve Ratio at 5.25%. The central bank Governor, Njuguna Ndung’u, said: “The information analysed by the Committee showed that inflation is projected to ease further in early 2012. This outcome is a consequence of the monetary policy stance, the appreciation and stability of the exchange rate and the decline in oil prices. Furthermore, expected improvements in food supply will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Success For BSD’s Rental Program Posted: 11 Jan 2012 09:26 AM PST Cancer treatment systems maker BSD Medical (NASDAQ:BSDM) has announced the successful launch of the fee-per-use equipment rental program for its MicroThermX Microwave Ablation system in Salt Lake City. |
European Stocks Hit By Fitch Words, German Contraction; DAX Down 0.17 % Posted: 11 Jan 2012 09:23 AM PST Forexpros – European shares dropped from a one week high Wednesday after rating agency Fitch fanned credit fear flames by stating the European Central Bank must do more to stem the regions debt crisis. After the close of European trade, the EURO STOXX gave back 0.34%, France’s CAC 40 dropped 0.19%, while Germany’s DAX 30 closed down 0.17%. Meanwhile, in the U.K. the FTSE 100 fell 0.45%. The sell off was ignited when David Riley, head of Fitch’s sovereign debt unit, stated “The ECB should … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: AUDUSD Finds Proper Support Today In Up And Down Session Posted: 11 Jan 2012 09:22 AM PST The AUDUSD has had an up and down trading day today. The price moved down to test the 38.2% of the move up from January 6th low at the 1.02708 level in early Asian trading. It then rallied sharply higher, only to sell off to new lows on the back of the selloff in the EURUSD. That selloff, moved below the 38.2% retracement level but found support against the 100 and 200 hour MAs (blue and green lines in the chart above). So the risk on//risk of currency pair is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: GBPUSD Makes New Three Month Low Posted: 11 Jan 2012 09:22 AM PST The GBPUSD has made new 3 month lows taking out the end of December lows at the 1.5360 level. Traders will be looking for momentum to the downside to continue on the break. After all, the price has moved to new lows in December on a two occassions and quickly rejected those moves (see daily chart below). On the hourly chart above, the next target for the pair comes in at the 1.5327 level. This is the 138.2% of the move up from the January 6th low to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: EURUSD Makes Move To The Next Step But Finds Dip Buyers Posted: 11 Jan 2012 09:22 AM PST The low for the week at the 1.2665 is the next target to get through. Looking at the hourly chart, the 138.2% extension of the move up from the January 9th low to the high of the week, comes in at the 1.2607 level. This will be another downside … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: GBPUSD Moves Toward Target. EURUSD Double Bottom? Posted: 11 Jan 2012 09:22 AM PST |
Forex Trading: GBPUSD Races To New Lows. Intraday Support Line May Look To Hold Here Posted: 11 Jan 2012 09:22 AM PST The GBPUSD hsa raced to new lows and has found some buyers against the 1.5309 level. THis is a channel trendline on the 5 minute chart above. I will be watching this level for buyers. A break should not be ignored as the price is trending today and the next target being the more steep channel trendline below, but if it holds, it may lead to some profit taking of the above average 183 pip trading range … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex Trading: EURUSD Breaks To New Lows But Reluctant Sellers Forces Some Covering Posted: 11 Jan 2012 09:22 AM PST The EURUSD made new lows once again. ANd once again, the break was short lived. The good news for sellers is the retracements have been running into channel resistance and holding on the topside. In the current chart, the 38.2% of the reluctant move down in the NY session and the channel trendline are at the same 1.2688 level I will be looking for the level for clues into the NY PM trading. Do the sellers want to keep in control. We will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Polish Central Bank Holds Interest Rate At 4.50% Posted: 11 Jan 2012 09:16 AM PST The Narodowy Bank Polski’s Monetary Policy Council held the benchmark 7-day interest rate unchanged at 4.50%. The Bank said: “In the opinion of the Council, in the medium term inflation will be curbed by gradually decelerating domestic demand amidst fiscal tightening, including reduced public investment spending, and interest rate increases implemented in the first half of 2011, as well as the expected global economic slowdown. The impact of the situation in the global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Gentiva Provides Weak 2012 Forecast Posted: 11 Jan 2012 09:08 AM PST On Tuesday, Gentiva Health Services Inc. (NASDAQ:GTIV) released its financial outlook for 2012. The company expects to generate net revenues of $1.70–1.76 billion in 2012, substantially lower than the 2011 guidance of $1.78–1.82 billion. |
Genomic Looks To Diversify Offering (revised) Posted: 11 Jan 2012 09:08 AM PST Over the recent past, Genomic Health (NASDAQ:GHDX), an oncology based biotech company, has been working on several pipeline programs to reduce dependence on its flagship product, Oncotype DX breast cancer test. The company to that end initiated a large validation study of its prostate cancer test in collaboration with the University of California, San Francisco. The study hopes to determine whether a multi-gene test can help distinguish an aggressive disease (that will require surgery) from a less … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Posted: 11 Jan 2012 09:02 AM PST With few domestic headlines on the earnings and economy fronts, trading action today will likely lack in any meaningful directional thrust. The market is effectively in a wait-and-see mode for the earnings reporting season, which gets into high gear next week. |
More Offerings From Activision’s MW3 Posted: 11 Jan 2012 09:02 AM PST The unprecedented success of Activision Blizzard Inc.'s (NASDAQ:ATVI) blockbuster title Call of Duty: Modern Warfare 3 (MW3) has prompted the company to further extend its offerings. The hugely popular game, with certain upgraded contents, will be available in the form of downloadable content through Call of Duty Elite, Activision's online portal. |
Posted: 11 Jan 2012 09:02 AM PST Standard & Poor's announced that investment management provider Virtus Investment Partners Inc. (VRTS) would join the S&P MidCap 400 Index after Friday’s markets hours Share prices of Voxx International Corp. (NASDAQ:VOXX) rallied more than 20% after the company’s third quarter earnings came in more than expected Sterne Agee & Leach Inc. said medical research company Charles River Laboratories International Inc. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Cubist’s Preliminary Sales Impress Posted: 11 Jan 2012 09:02 AM PST Cubist Pharmaceuticals Inc.'s (NASDAQ:CBST) total preliminary net revenues for the fourth quarter of 2011 climbed 30% to $210.3 million driven by strong sales of its antibiotic injection, Cubicin (daptomycin). Cubicin is marketed in the US and several other markets for the treatment of severe bacterial infections of the skin and bloodstream. |
Posted: 11 Jan 2012 09:02 AM PST Tiffany & Company (NYSE:TIF), who once impressed investors with its sturdy nature against economic upheavals, is perhaps showing a few cracks amidst the latest economic threats. Shares of the company suffered a fall of over 10% yesterday as it curtailed its full year 2011 earnings forecast following a dismal holiday season sales in the U.S. and Europe. More importantly, this also highlighted the company's vulnerability to the turbulent and dwindling economy. |
Posted: 11 Jan 2012 09:02 AM PST Looking at the increasing popularity of Droid devices, Motorola Mobility Holdings Inc. (MMI) launched another Droid phone called Droid 4. The new 4G-enabled smartphone will be marketed through Verizon Communication Inc.'s (NYSE:VZ) wireless store in the upcoming weeks. |
Denny’s Posts Upbeat Prelim Results Posted: 11 Jan 2012 09:02 AM PST Denny's Corporation (NASDAQ:DENN), engaged in the ownership and operation of a chain of family-style restaurants, recently announced the preliminary same-store sales and unit growth results for the upcoming fourth quarter and fiscal 2011. The same-restaurant sales remained positive benefiting from higher traffic. |
Posted: 11 Jan 2012 09:02 AM PST Body Central Corp. (BODY) reported net sales of $80.7 million in the fourth quarter of 2011, up 22.0% year over year. Total revenue surpassed the company's guided range of $75 to $79 million. The company's same-store sales and comparable store sales (comps) also rose a respective 21% and 7% in the same period. |
Tesoro Puts Hawaii Unit For Sale Posted: 11 Jan 2012 09:02 AM PST In an attempt to redesign its operational base,Tesoro Corporation (NYSE:TSO) is set to offload its oil refinery in Hawaii. The company intends to complete the divestiture in the second half of 2012. |
Hits And Misses In 2011 Airlines Posted: 11 Jan 2012 09:02 AM PST The airline industry was hit hard last year owing to persistent market turmoil and surging fuel costs despite a strong turnaround in 2010. Unfortunately, we foresee a similar scenario in 2012. Airlines are also losing money due to poor customer service, which is considered as a key growth metric. |
Novelis To Supply Cans To Coca-Cola Posted: 11 Jan 2012 09:02 AM PST Atlanta based Novelis Inc. has agreed to supply aluminum can sheeting in a multi-year deal signed with the Coca-Cola Bottlers’ Sales & Services Company LLC (CCBSS), which is a unit of The Coca-Cola Company (NYSE:KO). |
Posted: 11 Jan 2012 09:02 AM PST Advertising titan, WPP plc (NASDAQ:WPPGY) recently agreed to acquire a majority interest in Karachi-based insight and consultancy company, Oasis Insights (Private) Limited. The acquisition will be given effect through the company's Kantar network. Financial terms of the transaction were not disclosed. |
Posted: 11 Jan 2012 09:02 AM PST Broadcom Corporation (NASDAQ:BRCM) recently announced a series of revolutionary innovations at the 2012 International Consumer Electronics Show (CES), which would inevitably endear consumers to its varied product and technology advancements. |
US Stocks Retreat On EU Concerns Posted: 11 Jan 2012 08:10 AM PST 01/11/12 The DJIA pulled back from Tuesday’s gains. Euro zone worries weighed on sentiment amidst concerns that the debt crisis will continue to put a damper on global … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The Breadline For Financial Bloggers Posted: 11 Jan 2012 08:00 AM PST Time have been tough for hedge fund managers, big and small. John Paulson, for example, needs to generate a 104 percent return to recoup a 51 percent drop in one of his largest funds after wagers on a U.S. recovery … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Crude Oil Futures Adds To Losses After Large U.S. Supply Gain Posted: 11 Jan 2012 07:51 AM PST Forexpros – Crude oil futures extended losses on Wednesday, after government data showed U.S. crude and gasoline supplies rose significantly more-than-expected last week as traders continued to eye developments surrounding the euro zone's ongoing debt crisis as well as tensions between Iran and the West. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD100.80 a barrel during U.S. morning trade, dropping 1.4%. It earlier fell by as much … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – Dollar Extends Gains As Debt Concerns Punish Euro Posted: 11 Jan 2012 07:43 AM PST Forexpros – The U.S. dollar extended gains against its major counterparts on Wednesday, as fresh concerns over the sovereign debt crisis in the euro zone sapped market sentiment and boosted demand for the safety of the greenback. During U.S. morning trade, the dollar was higher against the euro, with EUR/USD falling 0.65% to hit 1.2694. The euro fell after Fitch Ratings said the European Central Bank needs to do more to prevent the collapse of the euro, saying the bank should step up its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Natural Gas Futures Plunge 4% To Hit Fresh 28-month Low Posted: 11 Jan 2012 07:30 AM PST Forexpros – Natural gas prices plunged on Wednesday, trading at the lowest level since September 2009 as forecasts continued to point to warmer-than-normal winter weather in the U.S., dampening demand expectations for the heating fuel. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.803 per million British thermal units during U.S. morning trade, plunging 4.7%. It earlier fell by as much as 4.9% to trade at USD2.796 per million British thermal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – Pound Hits 3-month Low Against Broadly Stronger Dollar Posted: 11 Jan 2012 07:27 AM PST Forexpros – The pound fell to a three-month low against the broadly stronger U.S. dollar on Wednesday, as a combination of worries over the ongoing debt crisis in the euro zone and the outlook for the U.K. economy weighed. GBP/USD hit 1.5345 during U.S. morning trade, the pair's lowest since October 6; the pair subsequently consolidated at 1.5351, dropping 0.84%. Cable was likely to find support at 1.5270, the low of October 6 and resistance at 1.5490, the session high. The dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Crude Slips Alongside Euro, Still Above $101 Posted: 11 Jan 2012 02:15 AM PST 01/11/12 Crude saw a slight drop in price this morning as the euro fell against the dollar. However, prices still remain above $101 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/USD Tumbles To 16-month Low On Debt Woes Posted: 11 Jan 2012 07:14 AM PST Forexpros – The euro extended losses against the U.S. dollar on Wednesday, tumbling to a 16-month low as investors exited the single currency amid renewed concerns over the sovereign debt crisis in the euro zone. EUR/USD hit 1.2665 during U.S. morning trade, the pair's lowest since September 10, 2010; the pair subsequently consolidated at 1.2678, tumbling 0.77%. The pair was likely to find support at 1.2587, the low of August 24 2010 and resistance at 1.2789, the session high. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Dynamic Market Pricing Reduces Congestion On The 520 Bridge, With Maybe Some Help From An App? Posted: 11 Jan 2012 07:12 AM PST In early December, there was a CD post about a Seattle-based company called Seabalt Solutions, which developed an app called Toll Avoider to help drivers avoid the new dynamically-priced tolls on the Highway 520 bridge that started in late December. After just a few weeks following the implementation of the bridge tolls, the Seattle Times is reporting that: “New tolls on the Highway 520 bridge have reduced traffic so much that drivers are commonly traveling … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
U.S. Stocks Open Lower As EU Debt Woes Weigh; Dow Falls 0.25% Posted: 11 Jan 2012 06:57 AM PST Forexpros – U.S. stock markets declined after the open on Wednesday, as ongong concerns over the euro zone's debt crisis continued to weigh on sentiment. During early U.S. trade, the Dow Jones Industrial Average fell 0.25%, the S&P 500 index slumped 0.2%, while the Nasdaq Composite index eased down 0.1%. Concerns over the euro zone's debt crisis lingered after ratings agency Fitch said that the European Central Bank should do more to avoid a ‘cataclysmic’ collapse of the single … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
British Pound And Euro Pace Losses Ahead Of Central Bank Meetings Posted: 11 Jan 2012 06:37 AM PST Fundamental Headlines |
Forex – USD/CAD Up Amid Renewed Euro Zone Debt Fears Posted: 11 Jan 2012 06:36 AM PST Forexpros – The U.S. dollar was higher against its Canadian counterpart on Wednesday, as fresh concerns over the debt crisis in the euro zone curbed investor demand for higher-yielding assets. USD/CAD hit 1.0195 during early U.S. trade, the session high; the pair subsequently consolidated at 1.0193, gaining 0.40%. The pair was likely to find support at 1.0139, the session low and resistance at 1.0239, Tuesday's high. Market sentiment was hit after Fitch Ratings said the European Central … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Gold Futures Pare Gains As U.S. Dollar Strengthens Posted: 11 Jan 2012 06:35 AM PST Forexpros – Gold futures pared gains on Wednesday, easing off a four-week high as the U.S. dollar re-approached a 16-month high against the euro, dampening the appeal of the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,637.75 a troy ounce during early U.S. morning trade, gaining 0.38%. It earlier rose by as much as 1.02% to trade at USD1,647.85 a troy ounce, the highest since December 13. Gold futures were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Forex – EUR/JPY Hovering Close To 11-year Low Posted: 11 Jan 2012 06:20 AM PST Forexpros – The euro was down against the yen on Wednesday, trading close to an 11-year low, after ratings agency Fitch said that the European Central Bank should do more to avoid a ‘cataclysmic’ collapse of the single currency. EUR/JPY hit 97.60 during European afternoon trade, the pair's lowest since Monday; the pair subsequently consolidated at 97.78, shedding 0.40%. The pair was likely to find short-term support at 97.26, Monday's low and an 11-year trough and resistance at 98.37, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
Fitch Warning Turns Global Markets Lower Posted: 11 Jan 2012 01:15 AM PST 01/11/12 The European markets are trading lower this morning following a contraction in German GDP and a warning to the ECB from Fitch to do more to assist the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
The January Effect: Buy Stocks Now Or Run For Cover? Posted: 11 Jan 2012 02:14 AM PST "As goes January, so goes the year." For investors that subscribe to the notion of calendar effects, Christmas and new year represent key moments in the investing calendar for taking advantage of some alleged market inefficiencies. Stock market surges triggered by the annual Santa Rally and the subsequent January Effect – together with the supposition that January is a useful barometer of market performance through the rest of the year – have long been debated forms of behavioural … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
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