Tuesday, January 24, 2012

DailyMarkets.com - Oil Driven By Iran-Linked Jitters, Gold Finds Support In Inflation Bets

DailyMarkets.com - Oil Driven By Iran-Linked Jitters, Gold Finds Support In Inflation Bets

Oil Driven By Iran-Linked Jitters, Gold Finds Support In Inflation Bets

Posted: 24 Jan 2012 01:58 AM PST

Talking Points

Crude Oil Price Action Overtaken by Iran-Driven Geopolitical Concerns
Gold, Silver Appear to Reflect Rising Short Term Inflation Expectations
Copper Weakness Hinted as S&P 500 Index Futures Signal Risk Aversion

WTI Crude Oil (NY Close): $99.58 // +1.12 // +1.14%
Geopolitical tension appears to be taking over as the main catalyst for crude oil prices. Indeed, correlations with measures of risk appetite – the S&P 500 as well as the MSCI World ex US index – are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Cost Plus (World Market)

Posted: 23 Jan 2012 11:00 PM PST

Cost Plus  (NASDAQ:CPWM)
Cost Plus is more than a place to go to find cheap wine and beer, unique fun foods and cool quality furnishings; it's a serious momentum stock. The stock's increased upward momentum can be attributed to the elevated foot traffic in their stores and solid sales gains in a strained consumer retail space. 
By the numbers, Cost Plus has enjoyed 7 consecutive quarters of positive comps and 8 consecutive quarters of increases in customer count in thier … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Caterpillar, Inc. (CAT)

Posted: 23 Jan 2012 11:00 PM PST

Caterpillar, Inc. (NYSE:CAT) posted an impressive third quarter with record EPS of $1.93 and sales of $14.6 billion driven by increased machine demand and continued economic growth. Results were ahead of Zacks Consensus Estimates. With the Bucyrus acquisition, the company is positioned to be the #1 mining equipment manufacturer in the U.S. with a strong footing in China and India, the major mining markets.
Caterpillar’s financial position continues to strengthen through the first nine months of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: NII Holdings, Inc. (NIHD)

Posted: 23 Jan 2012 11:00 PM PST

We downgrade our recommendation on NII Holdings, Inc. (NASDAQ:NIHD) to Underperform backed by our assessment that the company s nightmare will continue in the near future. NII Holdings reported dismal financial results for the third quarter of 2011. Both the top line and bottom line were well below the Zacks Consensus Estimates.
Management has slashed its fiscal 2011 financial outlook, mainly driven by the volatile macro-economic condition coupled with significant depreciation of several Latin … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: DSW Inc.

Posted: 23 Jan 2012 11:00 PM PST

Estimates have been rising for DSW Inc. (NYSE:DSW) after management raised its guidance for fiscal 2011 on January 10.
It is a Zacks #2 Rank (Buy).
DSW has a very solid balance sheet and has been rewarding shareholders through the initiation of a regular quarterly dividend and a $2 per share special dividend. Valuation is attractive too, with shares trading below the industry median.
Company Description
DSW Inc. is a specialty retailer focused on branded footwear. The company operates 326 stores … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: FleetCor Technologies

Posted: 23 Jan 2012 11:00 PM PST

FleetCor Technologies, Inc. (FLT) has limited operating history, but what we see, we like. The stock is a Zacks #1 Rank (Strong Buy).
Company Description
FleetCor Technologies, Inc. provides specialized payment products and services to businesses, commercial fleets, oil companies, lodging clients, petroleum marketers, and government entities in North America, Europe, Africa, and Asia. It sells a range of customized fleet and lodging payment programs; and offers fuel, vehicle maintenance, or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reserve Bank Of India Holds Rate At 8.50%, Cuts CRR 50bps

Posted: 23 Jan 2012 10:31 PM PST

The Reserve Bank of India [RBI] held its repo rate at 8.50% and reverse repo rate at 7.50%, but cut the cash reserve ratio [CRR] by 50 basis points to 5.50% from 6.00%.  The RBI said: “In reducing the CRR, the Reserve Bank has attempted to address the structural pressures on liquidity in a way that is not inconsistent with the prevailing monetary stance. In the two previous guidances, it was indicated that the cycle of rate increases had peaked and further actions were likely to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bank Of Japan Keeps Monetary Policy Settings Unchanged

Posted: 23 Jan 2012 10:19 PM PST

The Bank of Japan held its interest rate at 0-0.10% and made no changes to its 55 trillion yen quantitative easing program.  The Bank said: “Japan’s economic activity has been more or less flat, mainly due to the effects of a slowdown in overseas economies and the appreciation of the yen.  As for domestic demand, business fixed investment has been on a moderate increasing trend and private consumption has remained firm.  On the other hand, exports and production have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Daily

Posted: 23 Jan 2012 07:18 PM PST

The USDSGD pair is hovering around the 61.8% retracement. The USD sell off to start the new year could be short-lived and the pair could rally back to what was trendline support. A break lower quickly brings the 200day mavg in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USD/SGD Looking To Rebound

Posted: 23 Jan 2012 07:18 PM PST

The dollar looks like the dollar is trying to re-gain strength after giving up group across the board during the New York trading day. In the case of the dollar versus the SGD, the pair is trading off the low of 1.26528. We see there is a downward channel developing since last week; a close above the resistance line could signal further bullish trading in which case we look to the 100 hour moving average as the first target with the 38.2% as the next. If resistance holds, we look back … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Did Allen Stanford “Forget” State Secrets?

Posted: 23 Jan 2012 07:09 PM PST

Remember Allen Stanford?
Yes, we have waited close to three years for the once but now dethroned Sir Allen Stanford to come to trial for the charges brought against him in his management of a supposed Ponzi-scheme centered within his bank in Antigua.
While I would imagine that most readers of this blog certainly remember Sir Allen quite well, the key question to be addressed in this trial is just how much does Allen Stanford himself remember what truly transpired within his … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDHKD Hourly

Posted: 23 Jan 2012 06:21 PM PST

The USDHKD hourly chart below shows the pair could retest the short-term trendline resistance and the 100hr mavg in short order despite the holiday week in the far … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Tad Unsettled

Posted: 23 Jan 2012 05:12 PM PST

Suddenly, global credit markets are looking, shall we say, a tad unsettled…

I wonder if we’re (finally) beginning to see bond markets pricing in the post-financial-crisis orgy of fiscal recklessness (not to mention the tsunami of refinancing-related supply)?
If so, that’s not going to be very good for the public finances of countries that decided high debt levels don’t really matter, is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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