Wednesday, January 4, 2012

DailyMarkets.com - Hot Option Plays: Some Consolidation

DailyMarkets.com - Hot Option Plays: Some Consolidation

Hot Option Plays: Some Consolidation

Posted: 04 Jan 2012 12:23 PM PST

Cusick’s Corner 01-04-2012
The market is setting up in what many bulls may consider as “the best case scenario” for continuation to the upside. The market moved fast a furious yesterday and then overnight the Euro, FXE, pulled off pretty well and the markets held up and are hovering at breakeven, 1270 on the S&Ps. This is the part the bulls like, a little consolidation in the face of some negativity. This could be a catalyst for more bids to surface, for fear of missing a potentially … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Body Shop Bidding

Posted: 04 Jan 2012 12:10 PM PST

“BodyShopBids is a marketplace for auto repairs. The platform connects consumers who need auto body repairs with body shops through a bidding system. Consumers upload a photo of their damaged vehicles and will receive around 4 custom quotes from nearby body shops within 24 hours. A personal BodyShopBids concierge also educates consumers on the repair process and work needed. From there, the consumer can choose an estimate and book an appointment with the body shop.

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

AstraZeneca Remains Neutral

Posted: 04 Jan 2012 12:05 PM PST

We are maintaining our Neutral stance on AstraZeneca (NYSE:AZN) with a target price of $48.00.
AstraZeneca is one of the largest biopharmaceutical companies in the world and recorded 2010 sales of approximately $33.3 billion. The company focuses on several therapeutic areas including gastrointestinal, cardiovascular, respiratory and inflammation, oncology, neuroscience and infection.
In October 2011, AstraZeneca reported third quarter 2011 core adjusted earnings of $1.71 per American Depositary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TOTAL Expands US Baseline

Posted: 04 Jan 2012 11:50 AM PST

Integrated oil and gas company TOTAL S.A. (NYSE:TOT) expanded its footprint in the United States, through a tactical deal with Chesapeake Energy Corporation's (NYSE:CHK) arm – Chesapeake Exploration, L.L.C., and partner EnerVest Ltd.
Per the agreement, TOTAL will acquire a 25% share in Chesapeake's and EnerVest's holdings in the liquids-rich area of the Utica Shale play. TOTAL has paid $700 million for the portion of the play, which spreads across 10 counties on the eastern side of the state … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CU, FLM

Posted: 04 Jan 2012 11:50 AM PST

Weekly update on the First Trust ISE Global Engineering and Construction Index Fund and the First Trust ISE Global Copper Index … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Will Cabot Continue Shining In ’12?

Posted: 04 Jan 2012 11:40 AM PST

Houston, Texas-based Cabot Oil and Gas Corp. (COG) is an independent energy exploration firm with producing properties mainly in the U.S. Founded over 100 years ago in Pennsylvania, Cabot originally operated in the Appalachian Mountains of the eastern U.S. before moving the bulk of its activities to the Gulf Coast.
Presently, the company has four domestic focus areas: the Appalachia, the Gulf Coast, the Rocky Mountains, and the Anadarko Basin (in Oklahoma, Kansas, and the Texas Panhandle). As … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – U.S. Dollar Surges On Safety Flight

Posted: 04 Jan 2012 11:33 AM PST

Forexpros – The U.S. dollar advanced against its major counterparts on Wednesday, as euro zone debt crisis fears sent investors seeking the relative safety of the greenback.

During mid session U.S. trade, the greenback traded higher against the euro, with EUR/USD falling 0.77% to 1.2949.

The single currency was depressed by a triple whammy of Italian bank fears, a monotonous German debt auction, and European Central Bank overnight deposits striking all time highs.

The results of the German … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rambus: A Bright Year Ahead?

Posted: 04 Jan 2012 11:20 AM PST

Rambus Inc. (NASDAQ:RMBS) kick started the New Year on a highly optimistic note. Recently, the company announced that it expects to report fourth-quarter revenue of $83.0 million, well above its previously announced target of $66.0–$71.0 million, spreading cheer among investors. Close on the heels of this announcement, Rambus shares climbed 0.12% in after-hour trade, followed by a 7.4% surge in the day's trade.
We think that the company's decision to raise its revenue guidance was based on a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Initiating Coverage Of Cipher Pharma

Posted: 04 Jan 2012 11:15 AM PST

Initiating Coverage of Cipher Pharma
Jason Napodano, CFA

We are initiating coverage of Cipher Pharmaceuticals Inc. (DND.TO, T.DND) with an 'Outperform' rating and $2.25 price target, or a market capitalization of $50 million. Cipher currently trades with a market capitalization of only $16 million.  We believe the story is largely de-risked and under-appreciated by the Street. Cipher currently has two revenue streams in place with royalties and milestones on sales of Lipofen … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Extra Storage On Acquisition Spree

Posted: 04 Jan 2012 11:05 AM PST

Extra Space Storage Inc. (NYSE:EXR), a real estate investment trust (REIT), has recently provided an update of its acquisition activities in fourth quarter 2011. The company purchased 28 self-storage properties for approximately $189.9 million during the quarter, bringing its tally for full year 2011 to 55 properties for an aggregate purchase price of $289.6 million.
With limited supply of new construction and growing demand for high-quality properties, REITs like Extra Storage are now heavily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apache Closes North Sea Asset Buy

Posted: 04 Jan 2012 10:55 AM PST

Apache Corporation (NYSE:APA) closed the acquisition of Mobil North Sea Limited assets for $1.25 billion from the U.S. oil giant ExxonMobil Corporation (NYSE:XOM). Apache executed the deal through its subsidiary Apache North Sea Limited.
The purchased assets comprise ExxonMobil's operating interests in the Beryl, Nevis, Ness, Nevis South, Skene and Buckland fields, the Beryl/Brae gas pipeline and the SAGE gas plant, as well as non-operating interests in the Maclure, Scott and Telford fields. It … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Devon Ropes In A Chinese Partner

Posted: 04 Jan 2012 10:50 AM PST

Independent oil & gas company Devon Energy Corporation (NYSE:DVN) has joined hands with a Chinese partner Sinopec International Petroleum Exploration & Production Corporation ("SIPC") for development of its oil and gas holdings.
Per the agreement, SIPC will get a 33.3% interest from Devon's combined 1.2 million net acres in Tuscaloosa Marine Shale, Niobrara, Mississippian, Ohio Utica Shale and the Michigan Basin.
SIPC will make outright cash payment of $900 million and pay another … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sector Rotation Insights And Lessons From 2011

Posted: 04 Jan 2012 10:45 AM PST

The fact that the S&P 500 "did nothing" in 2011 fails to take into account the performance of the individual sectors of the stock market, some of which returned as much as 15% in 2011.
Let's review Sector Performance in 2011, learn insights into the Sector Rotation Model, and see where capital flowed during the "lackluster" 2011.
First, the classic Sector Performance Chart for 2011:

According to the Sector Rotation Model, we divide the market into two major categories:  … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fresenius Recognizes Aged Patients

Posted: 04 Jan 2012 10:35 AM PST

Fresenius Medical Care North America ("FMCNA"), the North American division of Fresenius Medical Care (NYSE:FMS), recently revealed that it is recognizing over 25 patients in the U.S. who will turn 100 years or more in age in 2012. These individuals are carrying on with active, wholesome lives even though they lack proper kidney function.
Dialysis is a life-sustaining mechanism that purifies waste products from the blood stream and regulates the chemistry of the body when an individual is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Eases Higher Despite Euro Zone Economic Fears

Posted: 04 Jan 2012 10:29 AM PST

Forexpros – Crude oil futures traded slightly higher despite renewed euro zone debt fears Wednesday.

On the New York Mercantile Exchange, light sweet crude futures for February settlement traded at USD103.03 a barrel during mid U.S. trade easing higher by 0.08%.

It earlier hit a daily high of USD103.69 a barrel.

Strength in the U.S. dollar did little to squelch the bullish crude price move.

The dollar index, which tracks the performance of the greenback versus a basket of six other major … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Apace Closes North Sea Asset Buy

Posted: 04 Jan 2012 10:20 AM PST

Apache Corporation (NYSE:APA) closed the acquisition of Mobil North Sea Limited assets for $1.25 billion from the U.S. oil giant ExxonMobil Corporation (NYSE:XOM). Apache executed the deal through its subsidiary Apache North Sea Limited.
The purchased assets comprise ExxonMobil's operating interests in the Beryl, Nevis, Ness, Nevis South, Skene and Buckland fields, the Beryl/Brae gas pipeline and the SAGE gas plant, as well as non-operating interests in the Maclure, Scott and Telford fields. It … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Keating: “Markets Treading Water”

Posted: 04 Jan 2012 10:20 AM PST

01/04/11 James E. Coffey Securities’ Greg Keating discusses equities, commodities and sectors on the second day of trading for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo Reaffirmed At Neutral

Posted: 04 Jan 2012 10:05 AM PST

We have reaffirmed our Neutral recommendation on the Wells Fargo & Company (NYSE:WFC) stock following a detailed analysis of the company fundamentals in light of the current economic and regulatory environment, the Wachovia integration and the recently announced acquisitions.
Wells Fargo's third-quarter 2011 earnings of 72 cents per share were in line with the Zacks Consensus Estimate. Results were impacted by lower revenues. However, reduction in operating expenses, drop in provision for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Falls On Accelerating Debt Worries

Posted: 04 Jan 2012 10:04 AM PST

Forexpros – The euro fell from nearly a one week high against the dollar Wednesday on a report indicating slowing inflation and Italy’s largest bank stating it needs more capital.

EUR/USD hit a low of 1.2898 during U.S. trade. The pair is off a high of 1.3073 and is currently trading at 1.2935 up 0.90%. The pair was likely to find support at 1.2826 and technical resistance exists at 1.3249.

The single currency bearishness was triggered when Italy’s largest bank UniCredit said it will sell … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk Appetite Eases, Euro Slips

Posted: 04 Jan 2012 05:00 AM PST

01/04/12 After yesterday’s modest rally, higher-yielding currencies have softened against the dollar on growing debt concerns in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

American Capital Repurchases Stock

Posted: 04 Jan 2012 09:50 AM PST

On Friday, American Capital Ltd.(NASDAQ:ACAS) announced the buyback of its $58.7 million common stock in open market since early November. The company repurchased total 8.4 million shares of its common stock at an average price of $6.97 per share.
During the third quarter of 2011, American Capital repurchased a total of 9.1 million shares of its common stock in the open market for $75 million. The average purchase price was $8.21 per share.
American Capital foresees additional stock repurchases or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zimmer To Present At A Conference

Posted: 04 Jan 2012 09:35 AM PST

Leading orthopedic medical devices company, Zimmer Holdings (ZMH) has decided to present at the upcoming J.P. Morgan Health Care Conference in San Francisco, California, on January 10, 2012.
Although the musculoskeletal market is witnessing several challenges in the form of reduced procedure volume and pricing pressure, Zimmer, based in Warsaw, Indiana believes that clinically relevant and innovative products can still fetch premium pricing and reimbursement. The company's recent product … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Stocks Drop On Debt Worries; DAX Down 0.89%

Posted: 04 Jan 2012 09:23 AM PST

Forexpros – European stocks fell from a five month high Wednesday on worries that banks will be forced to raise more capital than initially projected to survive the regions debt crisis.

After the close of European trade, the EURO STOXX 50 gave back 1.67%, France’s CAC 40 fell 1.59%, while Germany’s DAX 30 closed lower by 0.89%. Meanwhile, in the U.K. the FTSE 100 dropped 0.55%.

The bearish sentiment started when Italy’s UniCredit stated it will sell shares at EUR1.943 to raise EUR7.5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Joy Seals The Deal With More Stake

Posted: 04 Jan 2012 09:20 AM PST

Last week, Joy Global Inc. (JOY) completed the purchase of about 41.1% of the outstanding common stock of International Mining Machinery Holdings Limited (IMM). Joy Global's stake in IMM with the latest acquisition aggregates to 51.6% of the shares outstanding.
International Mining Machinery Holdings Limited is a leading designer and manufacturer of underground longwall coal mining equipment in China. It has strong domestic market positions in roadheaders and longwall shearing machines.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Arotech Prepared To Sell Armor Subsidiaries

Posted: 04 Jan 2012 09:05 AM PST

Arotech Prepared to Sell Armor Subsidiaries
Ken Nagy, CFA

Arotech Corporation (ARTX) is a defense and security products and services company, engaged in three business areas: interactive simulation for military, law enforcement and commercial markets; batteries and charging systems for the military; and high-level armoring for military and nonmilitary air and ground vehicles.

On December 29, 2011, Arotech Corporation, a provider of defense and security products, filed a Form 8K with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Orchard Goes Public

Posted: 04 Jan 2012 09:05 AM PST

Specialty retailer Orchard Supply Hardware Stores Corporation (OSH), which was recently spun off from Sears Holdings Corporation (NASDAQ:SHLD) began trading on the NASDAQ Capital Market effective yesterday, January 3. Orchard closed its first trading day at a price of $23.53 per share, dropping nearly 5.9% from its opening price of $25 per share.
Orchard's Series A Preferred Stock will also be quoted on the OTCQB under the symbol "OSHSP".
Sears Holdings Corporation, a leading home appliance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CACI Bags Another Defense Deal

Posted: 04 Jan 2012 08:50 AM PST

CACI International Inc. (CACI) recently announced the securing of a contract from the Department of Defense (DoD) and the Defense Logistics Agency (DLA) to provide support for creating a modernized IT system for security clearance purposes.
As the DoD’s largest logistics combat support agency, the DLA offers worldwide logistics, acquisition, and technical support to the military services along with several civilian agencies and foreign countries.
The contract is worth $39 million, and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Enterprise To Develop ATEX Express

Posted: 04 Jan 2012 08:35 AM PST

Enterprise Products Partners L.P. (NYSE:EPD) has received adequate transportation commitments to progress with the development of its 1,230-mile pipeline which extends from Appalachia to Texas, also known as ATEX Express. Enterprise has not revealed the cost of the project.
ATEX Express will have a capacity to carry up to 190,000 barrels per day (bpd) from the Appalachian production areas to the partnership's storage and distribution assets in Texas.
The pipeline, which has its origin in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CBL Completes Financing Activity

Posted: 04 Jan 2012 08:20 AM PST

CBL & Associates Properties, Inc. (CBL) recently announced that it has obtained four separate loans totaling $383.0 million. After the repayment of these loans, the company is expected to generate a new financing activity with proceeds of $160 million.
During 2011, CBL completed more than $2.3 billion in financing activity, including three credit facilities totaling $1.15 billion and property-specific debt totaling $1.18 billion. The recent financing activities are expected to strengthen … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: EURUSD Continues Trend Lower But Bounces Off Support

Posted: 04 Jan 2012 08:18 AM PST

The EURUSD moved to new lows falling below the low from January 2nd at the 1.2917 level and moving to a new low at the the 1.2896 level.  Looking at the 5 minute chart above the level corresponded with the bottom trendline which now has 5 separate tests. The low to high trading range for the EURUSD is now 175 pips - much higher than the 120 pips average over the last 20 trading days (see chart below).  The market has bounced of the level as a result.
The pair is not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: AUDUSD Remains Unfazed By The EURUSD Selling Today

Posted: 04 Jan 2012 08:18 AM PST

Sure it is down but the decline has held bull flag support at the 1.3004 level.  A move above the topside trendline at the 1.3064 level currently opens the door for further gains. The 200 day MA looms above at 1.0414.  Be aware of that level. There should be selling on a 1st … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FDA Clears Cyberonics’ AspireHC

Posted: 04 Jan 2012 08:15 AM PST

Cyberonics (NASDAQ:CYBX) recently received approval from the US Food and Drug Administration (FDA) for its re-designed AspireHC (High Capacity) generator whose shipment was discontinued by the company earlier.
Earlier, in February 2011, this major neuromodulation company received FDA approval for AspireHC, a new and improved generator to be used in vagus nerve stimulation (VNS) therapy. However, later in July, Cyberonics had to discontinue shipment of two models of its Aspire platform … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – Dollar Adds To Broad Gains In Flight To Safety

Posted: 04 Jan 2012 07:56 AM PST

Forexpros – The U.S. dollar added to broad gains against its major counterparts on Wednesday, as fears over the ongoing debt crisis in the euro zone saw investors shun riskier assets in favor of the relative safety of the greenback.

During U.S. morning trade, the dollar was sharply higher against the euro, with EUR/USD dropping 1.04% to hit 1.2913.

Sentiment on the single currency was hit after a closely watched auction of German government bonds met with lackluster investor demand and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Jumps Above USD3.00 On Cold Weather Outlook

Posted: 04 Jan 2012 07:55 AM PST

Forexpros – Natural gas prices were higher on Wednesday, climbing above USD3.00 per million British thermal units as forecasts of colder-than-normal weather in the U.S. boosted demand expectations for the heating fuel.

On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD3.029 per million British thermal units during U.S. morning trade, jumping 1.3%.

It earlier rose by as much as 1.17% to trade at a session high of USD3.061 per million British thermal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Lower As Euro Zone Woes Hit Risk Appetite

Posted: 04 Jan 2012 07:50 AM PST

Forexpros – The pound was down against the U.S. dollar on Wednesday, as concerns over the unresolved sovereign debt crisis in the euro zone weighed on demand for higher yielding assets.

GBP/USD hit 1.5581 during U.S. morning trade, the session low; the pair subsequently consolidated at 1.5599, shedding 0.31%.

Cable was likely to find support at 1.5500, Tuesday's low and resistance at 1.5668, the session high.

Market sentiment softened after a closely watched auction of German government … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Opens Lower, Yahoo Names New CEO

Posted: 04 Jan 2012 07:50 AM PST

01/04/12 US stocks pulled back after Tuesday’s rally on EU concerns. Yahoo named former PayPal President Scott Thompson as its new … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BUY DUST @ $36.35

Posted: 04 Jan 2012 07:45 AM PST

I set a limit order to buy Direxion Gold Miner Bear 3X ETF (DUST) and headed off to work.  OK – that was a mistake. My order was hit and price continued to fall. So I bought more. lol

This is a four hour chart of DUST.

My TSI Trading Record has been updated.

Ah heck – I decided to go ahead and make a proper one hour chart of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Climbs To 7-day High On Renewed Safe Haven Buying

Posted: 04 Jan 2012 07:35 AM PST

Forexpros – Gold futures added to gains on Wednesday, rising to a seven-day high on renewed safe-haven buying amid growing geopolitical tensions between Iran and the U.S.

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,610.65 a troy ounce during U.S. morning trade, gaining 0.63%.

It earlier rose by as much as 0.75% to trade at USD1,615.95 a troy ounce, the highest since December 22.

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

Forex – EUR/USD Near 16-month Low On Sovereign Debt Worries

Posted: 04 Jan 2012 07:24 AM PST

Forexpros – The euro remained sharply lower against the U.S. dollar on Wednesday, trading close to a 16-month trough as worries over the ongoing sovereign debt crisis in the euro zone and concerns over the health of the region's banking sector weighed.

EUR/USD hit 1.2920 during U.S. morning trade, the pair's lowest since Monday; the pair subsequently consolidated at 1.2930, tumbling 0.91%.

The pair was likely to find support at 1.2857, the low of December 29 and a 16-month low and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Factory Orders Rise Less-than-expected In November

Posted: 04 Jan 2012 07:13 AM PST

Forexpros – U.S. factory orders rose for the first time in three months in November, but failed to meet market expectations official data showed on Wednesday.

In a report, the U.S. Census Bureau said factory orders rose by a seasonally adjusted 1.8% in November, just below expectations for a 1.9% increase.

The previous month's figure was revised to a 0.2% decline from a previously reported 0.4% drop.

Following the release of the data, the U.S. dollar held on to gains against the euro, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Decline As EU Concerns Linger; Dow Falls 0.2%

Posted: 04 Jan 2012 07:08 AM PST

Forexpros – U.S. stock markets edged lower after the open on Wednesday, as concerns over the euro zone's ongoing debt crisis lingered after an auction of German government debt was met with lackluster investor demand.

During early U.S. trade, the Dow Jones Industrial Average fell 0.2%, the S&P 500 index slumped 0.35%, while the Nasdaq Composite index dropped 0.45%.

Concerns over the euro zone's ongoing debt crisis intensified after Germany sold EUR4.06 billion of 10-year bonds at an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Slipped But Still Above $102

Posted: 04 Jan 2012 07:00 AM PST

01/04/11 Front month crude prices were slightly lower this morning but still trading above $102 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures Rally To 8-month High On Growing Iran Fears

Posted: 04 Jan 2012 06:53 AM PST

Forexpros – Crude oil futures erased losses on Wednesday, jumping to an eight-month high as growing fears over a disruption to Iranian oil supplies continued to drive prices higher.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at USD103.31 a barrel during U.S. morning trade, gaining 0.35%.

It earlier rose by as much as 0.65% to trade at USD103.69 a barrel, the highest since May 11.

Crude oil prices turned higher as tensions between Iran … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Selling Your House – How Long Will It Take?

Posted: 04 Jan 2012 06:40 AM PST

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


Auction Anticipation Leads To Mixed European Markets

Posted: 04 Jan 2012 01:15 AM PST

01/04/11 NYFP’s Opening Bell Report: Global markets were mixed this morning on mixed data and European auction … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Where Is The FTSE 100 Headed In 2012?

Posted: 04 Jan 2012 02:09 AM PST

It was Lao Tzu who stated several millenia ago that "those who have knowledge don't predict and those who predict don't have knowledge", but nonetheless those that would have us believe they are the smartest minds in the market feel annually obliged to predict.
This year the average forecast from a group of 8 brokers for the FTSE 100 at year end 2012 is 5783 representing a gain of 3.8%. If those predicting such numbers don't have knowledge and we know ourselves to be fools then … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Where Is The Stock Market Headed In 2012?

Posted: 04 Jan 2012 02:09 AM PST

It was Lao Tzu who stated several millenia ago that "those who have knowledge don't predict and those who predict don't have knowledge", but nonetheless those that would have us believe they are the smartest minds in the market feel annually obliged to predict.
This year the average forecast from a group of 8 brokers for the FTSE 100 at year end 2012 is 5783 representing a gain of 3.8%. If those predicting such numbers don't have knowledge and we know ourselves to be fools then … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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