DailyMarkets.com - Forex Trading: Euro Breaks Resistance

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• Forex Trading: Euro Breaks Resistance
• Bull Of The Day: Sallie Mae (SLM)
• Bear Of The Day: Darden Restaurants, Inc. (DRI)
• Momentum Stock: Tempur-Pedic Inc.
• Growth & Income Stock: Oritani Financial Corp.
• Aggressive Growth Stock: Krispy Kreme Doughnuts
• Did Senate Show Character In Passing The Stock Act? Can We Do The Same For ARS?
• Yet-Another-Non-Sequitur Alert

Forex Trading: Euro Breaks Resistance Posted: 03 Feb 2012 03:21 AM PST The EUR/USD has made a break higher through resistance, which we acknowledged earlier. The next level higher is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Sallie Mae (SLM) Posted: 02 Feb 2012 11:00 PM PST Sallie Mae, or SLM Corp.’s (NYSE:SLM) fourth-quarter 2011 core earnings were a penny above the Zacks Consensus Estimate. Improvements in net interest income, loan loss provision, expenses and discontinued operations supported the core earnings figure. Recently, the company announced a dividend hike and a new share repurchases authorization. We believe that such shareholder-friendly efforts will give a boost to investors confidence in the stock. Moreover, its leading position in the student lending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Darden Restaurants, Inc. (DRI) Posted: 02 Feb 2012 11:00 PM PST Although Darden Restaurants, Inc. (NYSE:DRI) registered improving blended comparable restaurant sales for the last few quarters, recent woes at Olive Garden continue to nag the company. Stiff competition resulting in higher discounting rates and promotional offers, increasing food costs for the upcoming quarter and cautious consumer spending add to the worry. Moreover, a recent cut in guidance compels us to downgrade the stock from a Neutral to Underperform recommendation. The company now expects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Tempur-Pedic Inc. Posted: 02 Feb 2012 11:00 PM PST Tempur-Pedic International  (TPX) Given the current state of the economy, most consumers are more likely to be smart with their money and keep splurges to a minimum.  One of the only areas that consumers might be willing to spend a little (or a lot) extra is on their mattress, especially if they are having a hard time sleeping due to increased levels of stress in today's society. According to the Better Sleep Council, the average person needs 7-8 hours of sleep a night, which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Oritani Financial Corp. Posted: 02 Feb 2012 11:00 PM PST Estimates have been rising for Oritani Financial Corp. (NASDAQ:ORIT) after the company delivered better than expected results for the second quarter of its fiscal 2012. It is a Zacks #2 Rank (Buy). Based on current consensus estimates, analysts project strong double-digit EPS growth for the company over the next couple of years. On top of this growth, it pays a dividend that yields a solid 3.7%. Valuation is attractive too with shares trading at just 1.1x book value. Oritani operates 24 bank … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Krispy Kreme Doughnuts Posted: 02 Feb 2012 11:00 PM PST Krispy Kreme Doughnuts (KKD) sees the Zacks Consensus Estimate move higher and gets good price appreciation with positive earnings surprises. The stock is a Zacks #1 Rank (Strong Buy). Company Description Krispy Kreme Doughnuts, operates as a branded retailer and wholesaler of doughnuts, complementary beverages and treats, and packaged sweets. KKD sells approximately 20 varieties of doughnuts, including various Original Glazed doughnuts, as well as coffees, espresso, cappuccino, hot chocolate, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Did Senate Show Character In Passing The Stock Act? Can We Do The Same For ARS? Posted: 02 Feb 2012 08:03 PM PST To know what is right and not do it is the worst cowardice.  ~Confucius Did the United States Senate do the right thing today and show real character in passing the Stock Act (Stop Trading on Congressional Knowledge Act…aka, Stop Insider Trading in Congress!!)? Let's come back to that question. The simple fact is the Stock Act was first introduced SIX YEARS ago. How is it that this piece of legislation languished for so long and now passes the Senate by a vote of 96-3?  Very … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yet-Another-Non-Sequitur Alert Posted: 02 Feb 2012 05:38 PM PST According to U.S. Treasury Secretary Timothy Geithner, the worst is well and truly behind us (via Business Insider): “The U.S. financial system is stronger and getting stronger…we have shut down or restructured the weakest parts of our system… finally we’ve been able to dramatically reduce the expected cost of the financial crises to levels unthinkable in 2009…the financial system is much less vulnerable than it was and is much more able to manage a growing economy.” And yet, we have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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