Thursday, February 23, 2012

DailyMarkets.com - Forex Trading: Euro Re-tests Highs Following German IFO Release.

DailyMarkets.com - Forex Trading: Euro Re-tests Highs Following German IFO Release.

Forex Trading: Euro Re-tests Highs Following German IFO Release.

Posted: 23 Feb 2012 02:18 AM PST

The euro was getting some help from higher European equities, but broke today's highs with the release of a better than expected German IFO reading.

The pair is currently testing the highs on the daily chart, with the next topside target being 1.33564, a support level from last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Looks To US Inflation Bets, Dollar Price Action For Direction

Posted: 23 Feb 2012 01:49 AM PST

Talking Points

Crude Oil May Pull Back but Bias Favors the Upside on Iran Tensions
Gold Looks to US Inflation Outlook, Dollar Price Action for Direction
Copper at Risk on Risk Aversion But Reports of Shortage May Support

Tensions with Iran continue to inject a considerable geopolitical risk premium into crude oil prices, with the WTI contract touching an 8-month high yesterday. The latest bit of escalation came after talks between Tehran and IAEA came apart after the government refused to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Excel Maritime (EXM)

Posted: 22 Feb 2012 11:05 PM PST

We downgrade our recommendation on Excel Maritime Carriers (NYSE:EXM) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing serious challenges since spot vessel rates collapsed significantly.
The sole reason for this dismal condition is the sheer increase of newbuild ships under operation, which resulted in intense price competition. The spot rates of drybulk vessels have fallen to such low levels that even … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Cedar Fair Entertainment

Posted: 22 Feb 2012 11:05 PM PST

Cedar Fair Entertainment (FUN)
In a world of economic uncertainly, political unrest and elevated stress levels, consumers need a break.  In times of strain we have found that they might turn to alcohol or tobacco.  But based on results from Cedar Fair Entertainment, Americans might be looking to amusement parks and good ole' fun times to either relieve pressure or maybe just enjoy the better quality of life and confidence they are feeling.
With the exception of California, winter is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Home Properties, Inc.

Posted: 22 Feb 2012 11:05 PM PST

Home Properties, Inc. (NYSE:HME) continues to benefit from a struggling housing market. The apartment REIT has seen an increase in both rents and occupancy rates as more and more Americans opt to rent rather than buy.
Home Properties recently delivered strong fourth quarter 2011 results and management gave bullish guidance for 2012. This prompted analysts to revise their estimates higher, sending the stock to a Zacks #2 Rank (Buy).
The company also pays a dividend that yields a juicy 4.6%.
Company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Pool Corporation (POOL)

Posted: 22 Feb 2012 11:05 PM PST

Although Pool Corp. (NASDAQ:POOL) is expected to face tougher comparisons ahead amid weak growth in new pool construction and faltering consumer confidence, the company boasts a strong market position and earnings power. Pool is an acknowledged leader in the industry.
The potential for further market share gains and cost-containment initiatives augur well for the company. Pool’s results reflect continued growth in its struggling green business. Amid tough business environment, Pool’s revenue has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Manhattan Associates

Posted: 22 Feb 2012 11:05 PM PST

Manhattan Associates (MANH) is a Zacks #1 Rank (Strong Buy) after posting three solid earnings surprises and gets higher estimates for 2012.
Company Description
Manhattan Associates develops and provides supply chain software solutions for the planning and execution of supply chain activities. The company offers two platform based software solutions. Manhattan SCOPE focuses on planning and forecasting, inventory optimization, order lifecycle management, transportation lifecycle management, and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usdhkd Through A Daily Trend-line.

Posted: 22 Feb 2012 09:22 PM PST

usdhkd through a daily trend-line giving a bullish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/cnh Continue To Trade In This Daily Downward Channel.

Posted: 22 Feb 2012 08:18 PM PST

usd/cnh continue to trade in this daily downward channel but right now it seems like it is consolidating and building a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USDSGD Back Above MAVG’s

Posted: 22 Feb 2012 07:17 PM PST

The USDSGD pair looks to be firmly above the moving averages again and without any imminent announcements there could be some some room to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Preliminary Verdict: Consolidation And Correction

Posted: 22 Feb 2012 08:58 AM PST

In my last post, I wrote that I was watching the European bourses and the Hang Seng Index for signs of whether we are likely to see a continuation of the bull move or a consolidation period.

The preliminary verdict is consolidation and correction. You can tell the short-term tone of the market by how it reacts to news. On the weekend, China unexpected cut reserve requirements by 50 bp. The Shanghai Composite rallied on the news, but the Hong Kong market was unable to hold its gains and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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