DailyMarkets.com - Sold ES – $1287.25 – S&P 500 Update

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• Sold ES – $1287.25 – S&P 500 Update
• Ford Issues SUV And Minivan Recall
• Central Banks, US Data In Focus
• MarkWest Energy Is Now Outperform
• Detroit Motor Show 2012: Bentley Unveils The New Continental GT V8
• Morgan Stanley Remains Underperform
• TSS Allies With Pivotal Systems
• Assurant Stays Neutral
• AstraZeneca Reiterates Guidance
• EA Set To Release New Golf Game
• Hhgregg Lowers 2012 Guidance
• DDR Briefs 2011 Feat, Ups Dividend
• Honda Sees Revival In U.S. Sales
• Talisman Narrows 2012 Capital Plan
• Two Harbors Issues Public Offering
• Let’s Get Real
• U.S. Stocks Mostly Higher On Banks And High Tech; Dow Off 0.10%
• Align Expands With Invisalign
• MBIA Reaches Another Settlement
• Hot Option Plays: Markets Held
• Stocks Struggle To Turn Higher
• ARMOUR Residential Prices Equity Offer
• Stryker Unfurls 4Q Sales, FY12 View
• Gold Futures Higher Despite Surging Dollar
• GASX, PLTM
• Natural Gas Plummets 5% On Warm Winter Weather
• The Trend Trader For Futures Trading On Thursday, January 12, 2012
• The Trend Trader For Forex Trading On Thursday, January 12, 2012
• The Trend Trader For Stock Trading On Thursday, January 12, 2012
• The Trend Trader For ETF Trading On Thursday, January 12, 2012
• What Stock Market Traders Need To Know About The January Effect

Sold ES – $1287.25 – S&P 500 Update Posted: 11 Jan 2012 04:29 PM PST About an hour ago I decided to sell a single contract of the E-mini S&P 500 Index Futures (NYSE:ES) at $1,287.25. I have made a couple of charts to show us where the S&P 500 index is sitting going into this evening’s overnight session. This first chart is simply a daily chart of the ES continuous contract. Of particular interest is the length of the past two daily cycles – 39 and 38 days respectively. The current daily cycle is beginning Day 33 this evening.  Also, and not shown … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Ford Issues SUV And Minivan Recall Posted: 11 Jan 2012 03:58 PM PST 01/11/12 Ford Motor Company issued a recall on Escape SUVs, Freestar and Mercury Monterey minivans for specific model … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Banks, US Data In Focus Posted: 11 Jan 2012 03:20 PM PST 01/11/12 Thursday brings central bank rate decisions from the BoE and ECB. US retail sales and jobless claims will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MarkWest Energy Is Now Outperform Posted: 11 Jan 2012 03:15 PM PST We have upgraded pipeline operator MarkWest Energy Partners L.P. (NYSE:MWE) to Outperform from Neutral, reflecting its promising prospects.  Denver, Colorado-based MarkWest Energy is a master limited partnership (MLP) engaged in the gathering, processing and transmission of natural gas, transportation, fractionation and storage of natural gas liquids (NGLs), and the gathering and transportation of crude oil. MarkWest owns a high-quality and diverse portfolio of midstream assets that generate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Detroit Motor Show 2012: Bentley Unveils The New Continental GT V8 Posted: 11 Jan 2012 10:15 AM PST 01/11/12 British car manufacturer Bentley Motors took Detroit by storm at the annual auto show as it unveiled its new V8-powered Continental GT and Continental GTC … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Morgan Stanley Remains Underperform Posted: 11 Jan 2012 02:55 PM PST We are reiterating our long-term Underperform recommendation on Morgan Stanley (NYSE:MS). Though the company's third-quarter results were significantly ahead of the Zacks Consensus Estimate, there are concerns regarding its financials being marred by various new regulatory requirements, elevated operating expenses and intense pricing competition. However, the company's restructuring initiatives along with its organic and inorganic growth strategies continue to be significant growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TSS Allies With Pivotal Systems Posted: 11 Jan 2012 02:50 PM PST Expanding its merchant service solutions, yesterday, Total System Services Inc. (NYSE:TSS) announced a strategic collaboration with privately-held Pivotal Systems to offer authorization, settlement and dispute resolution services. North America-based Pivotal System processes more than $10 billion in annual revenues with a wide network of over 60,000 merchants, 1,200 agents and 400 employees. This premier and vast network coverage will likely spread out Total System's merchant services business … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Assurant Stays Neutral Posted: 11 Jan 2012 02:50 PM PST We reiterate our Neutral recommendation on the shares of Assurant Inc. (NYSE:AIZ) prior to its fourth quarter earnings release on February 1, 2012.  We remain concerned about the company's top-line growth given cyclical and secular headwinds faced by its different business units. Earnings from Assurant Health are expected to remain uncertain owing to the implications of the Health Reform Act. A weak economic scenario is expected to drag the earnings from Employee Benefits and Solutions … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AstraZeneca Reiterates Guidance Posted: 11 Jan 2012 02:30 PM PST AstraZeneca (NYSE:AZN) recently reaffirmed its previously-issued near-term core earnings per share ("EPS") and long-term revenue, margin and cash deployment guidance. AstraZeneca maintained that its core earnings are expected to be in the lower half of the guidance range $7.20 – $7.40 per share. Earlier on December 20, 2011, the company had suffered two consecutive pipeline setbacks. The development of an ovarian cancer candidate, olaparib, was discontinued and a phase III study of TC-5215 for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EA Set To Release New Golf Game Posted: 11 Jan 2012 02:20 PM PST Video game developer and publisher Electronic Arts Inc. (EA) is set to release Tiger Woods PGA TOUR 13 and Tiger Woods PGA TOUR 13: The Masters Collector's Edition, the latest titles of its popular golf franchise on March 27 in North America. The games will hit the worldwide market on March 30, 2012. Developed by EA Tiburon, both the games will be available on Microsoft Corp.'s (NASDAQ:MSFT) Xbox 360 and Sony Corp.'s (NYSE:SNE) PlayStation 3. Tiger Woods PGA TOUR 13 is priced at $59.99 while … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hhgregg Lowers 2012 Guidance Posted: 11 Jan 2012 02:10 PM PST Indianapolis-based appliance and electronics retailer, Hhgregg Inc. (NYSE:HGG) has announced the preliminary results for its third quarter 2012, which is expected to be released on February 8, 2012. Hhgregg has also lowered its fiscal 2012 outlook. According to Hhgregg, net income for the third quarter 2012 is expected to decline to approximately $22.5 million, or 60 cents per share, from the prior-year quarter of $26.9 million, or 66 cents per share. Hhgregg believes that the weak earnings were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DDR Briefs 2011 Feat, Ups Dividend Posted: 11 Jan 2012 02:00 PM PST DDR Corp. (NYSE:DDR), a real estate investment trust (REIT), has recently provided an update of its achievements in 2011, which marked a significant improvement in its portfolio performance despite a challenging macroeconomic environment. The company has also provided an initial FFO (funds from operations) guidance for fiscal 2012 based on certain assumptions. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Honda Sees Revival In U.S. Sales Posted: 11 Jan 2012 02:00 PM PST Honda Motor Co. (NYSE:HMC) is trying to revive its sales in the U.S. by offering improved line-ups, including revamped Civic and redesigned CR-V and Accord. It also plans to build its new Acura NSX supercar in Ohio that is expected to push sales in the U.S. The Japanese automaker considers the new products to boost sales in its biggest market by more than 20% in 2012. Last year, both Honda and its compatriot, Toyota Motor Corp. (NYSE:TM), lost sales to fast growing Korean automakers, Hyundai Motor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Talisman Narrows 2012 Capital Plan Posted: 11 Jan 2012 01:50 PM PST Weak North American natural gas prices and volatile economic conditions compelled Talisman Energy (NYSE:TLM) to trim its 2012 capital spending program by 11% from the 2011 level. For the current year, Talisman intends to expend slightly more than $4 billion, representing a decrease of over $500 million from 2011. Of the total amount, approximately $1.8 billion (about $400 million lower than last year) has been allocated for North American operations, while $600 million to $700 million will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Two Harbors Issues Public Offering Posted: 11 Jan 2012 01:50 PM PST Two Harbors Investment Corp. (TWO), a real estate investment trust, recently issued a public offering of 25 million shares. In a bid to cover over allotments, the company will also provide a 30-day option to the underwriters for purchasing an additional 3.8 million shares. Two Harbors intends to utilize the proceeds generated from the transaction to purchase financial assets and residential mortgage-backed securities (RMBS) and for other general corporate purposes. This public offering will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Let’s Get Real Posted: 11 Jan 2012 01:40 PM PST With all of this going on in the world’s other major economies – China “China Slowdown Spreading, HSBC Services PMI Shows” (Reuters) China’s services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers’ index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support. The index fell to 52.5, a sharp decline given that October’s reading was 54.1 — the highest in four months — though the index remains above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

U.S. Stocks Mostly Higher On Banks And High Tech; Dow Off 0.10% Posted: 11 Jan 2012 01:38 PM PST Forexpros – U.S. stock traded mostly higher Wednesday as gains from banks and technology countered euro zone recession fears. At the close of U.S. trade, the Dow Jones Industrial Average slipped 0.10%, the S&P 500 climbed by 0.03% and the Nasdaq Composite added 0.31%. The Federal Reserve’s Beige Book report indicated that U.S. economic expansion accelerated in December despite limited hiring and a stagnant housing market. Positive U.S. economic news was offset by word of Germany’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Align Expands With Invisalign Posted: 11 Jan 2012 01:30 PM PST In line with its strategy to expand in international arena, Align Technology, Inc. (NASDAQ:ALGN) recently obtained a Product Registration Certificate from the Federal Service of Health Care and Social Development Control of the Russian Federation for commercialization of its Invisalign system in Russia. With this approval, Align can sell its key products Invisalign Full, Invisalign Lite, Invisalign Teen, and Vivera Retainers in Russia. Align intends to commence the commercial launch of the product … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MBIA Reaches Another Settlement Posted: 11 Jan 2012 01:30 PM PST One more bank, BNP Paribas, has withdrawn its case against MBIA Inc. (NYSE:MBI). BNP Paribas had filed a lawsuit against MBIA regarding its 2009 business restructuring. This withdrawal comes after both the parties reached an out-of-court settlement. BNP has also dropped the case against The New York State Insurance Department, which approved the restructuring. The Story Behind It all started before the financial crisis in 2008. Though MBIA mainly focused on municipal bonds, it branched out of its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Markets Held Posted: 11 Jan 2012 01:18 PM PST Cusick’s Corner 01-11-2012 The markets held in spite of some late day selling. Commodities have been active, quite a bit of data will be released tomorrow, starting with Nat Gas, UNG, which has been on a solid push down and could be firming up (especially if we see another draw like we had seen 6 over the last few months), potentially slowing the shorts. I also have been watching the Industrials, XLI, which has been on the move and could get a further boost if the stocks come in lower out of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Struggle To Turn Higher Posted: 11 Jan 2012 08:15 AM PST 01/11/12 NYFP’s Closing Bell Report: Eurozone worries and declines in the energy sector limited gains this session for the Big … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

ARMOUR Residential Prices Equity Offer Posted: 11 Jan 2012 01:00 PM PST ARMOUR Residential REIT, Inc. (ARR), a real estate investment trust (REIT) that invests in residential mortgage backed securities (RMBS), has recently priced its secondary offering of 9 million shares. The company has also decided to grant the underwriters an option to purchase an additional 1.35 million shares to cover any over-allotment. The shares are expected to be sold in one or more transactions in the 'over-the-counter market' or through negotiated transactions at market prices or … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stryker Unfurls 4Q Sales, FY12 View Posted: 11 Jan 2012 01:00 PM PST Orthopedic devices major Stryker (NYSE:SYK) has pre-announced its fourth quarter and full year 2011 sales, lifted the lower end of its earnings view for 2011 and initiated its outlook for the new year. The company is slated to release final results for the quarter and fiscal after the closing gong on January 24. Ortho Struggles, Growth Is Elsewhere The Michigan-based company said that its revenues for the fourth quarter spurted 11% (10.7% on a constant currency basis) year over year to $2.2 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures Higher Despite Surging Dollar Posted: 11 Jan 2012 12:58 PM PST Forexpros – Gold futures advanced in late U.S. trade on Wednesday despite the U.S. dollar making another run toward 16 month highs against the euro. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1643.65 a troy ounce during late U.S. trade gaining 0.74%. It earlier hit a high of USD1647.85, the highest since December 13th. Gold futures were likely to find support at USD1612.35 a troy ounce and technical resistance exists at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GASX, PLTM Posted: 11 Jan 2012 12:30 PM PST Weekly update on the First Trust ISE Global Platinum Index Fund and the Direxion Daily Natural Gas Related Bear 3x Shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Plummets 5% On Warm Winter Weather Posted: 11 Jan 2012 12:17 PM PST Forexpros – Natural Gas futures prices plummeted more than 5% on Wednesday, hitting 28 month lows, as weather forecasts continue to point toward a mild U.S. winter. On the New York Mercantile Exchange, natural gas futures for February delivery traded at USD2.769 per million British thermal units during late U.S. trade, plummeting 5.85% Prices are trading below the psychologically critical USD3.00 level as bearish sentiment was exasperated after the Commodity Weather Group stated that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Thursday, January 12, 2012 Posted: 11 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for Futures For Trading On Thursday, January 12, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Mar ESH2 1288.25 + 0.17 1281.11 1272.08 Bullish Dow Jones – Mar YMH2 12388 − 0.02 12362 12314 Bullish Nasdaq – Mar NQH2 2367.00 + 0.15 2358.83 2337.83 Bullish Russell – Mar TFH2 765.30 + 0.49 756.72 746.40 Bullish INTEREST RATES US T-Bond – Mar ZBH2 144-00 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Thursday, January 12, 2012 Posted: 11 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for Forex For Trading On Thursday, January 12, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0310 − 0.06 1.0270 1.0270 Bullish EURUSD – Euro / US Dollar 1.2706 − 0.55 1.2745 1.2830 Bearish GBPUSD – British Pound / US Dollar 1.5324 − 1.02 1.5431 1.5490 Bearish USDCAD – US Dollar / Canadian Dollar 1.0191 + 0.35 1.0207 1.0213 Bearish USDCHF – US … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Thursday, January 12, 2012 Posted: 11 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Thursday, January 12, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 9.63 + 2.01 9.50 9.18 Bullish AXP – American Express Company 48.95 + 0.58 48.61 48.31 Bullish BA – Boeing Co 74.74 − 0.35 74.70 73.91 Bullish BAC – Bank of America Corporation 6.87 + 3.62 6.54 6.05 Bullish CAT – Caterpillar Inc 99.64 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Thursday, January 12, 2012 Posted: 11 Jan 2012 04:03 AM PST By ForexMansion.com The Trend Trader for ETFs For Trading On Thursday, January 12, 2012 The top 40 ETFs by net assets In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AGG – iShares Lehman Aggregate Bd Fd 110.39 + 0.35 110.14 110.05 Bullish BND – Vanguard Total Bond Market ETF 83.57 + 0.24 83.46 83.32 Bullish DBC – DB Commodity Index Tracking Fd 27.74 − 0.29 27.71 27.61 Bullish DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What Stock Market Traders Need To Know About The January Effect 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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