Wednesday, February 1, 2012

DailyMarkets.com - Forex Trading: EUR/USD Moves Higher Through 100 Hour Moving Average

DailyMarkets.com - Forex Trading: EUR/USD Moves Higher Through 100 Hour Moving Average


Forex Trading: EUR/USD Moves Higher Through 100 Hour Moving Average

Posted: 01 Feb 2012 02:18 AM PST

The pair is up over 100 pips in the last four hours fueled by higher stocks and manufacturing and CPI readings which came in as expected. After testing trend line support at session lows, the pair has seen strong buying and has moved through the 100 hour moving average which currently comes in at 1.3131. In recent trading it seems that the pair has lost some steam in which case we look back towards the 38.2% line as the first downward target. If momentum continues, 1.32261 is the significant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Metals Look To ISM Data For Direction, Crude Oil Diverges On Iran Fears

Posted: 01 Feb 2012 01:14 AM PST

Talking Points

Crude Oil Breaks with Market Sentiment Trends Amid Iran Crisis Worries
Gold, Silver Tracking US Inflation Expectations, US ISM Report Key Ahead
Copper Prices May Bounce as US Manufacturing-Sector Growth Accelerates

WTI Crude Oil (NY Close): $98.48 // -0.30 // -0.30%
Crude oil seems to have thoroughly decoupled from risk appetite trends. Indeed, correlations between the WTI contract as well as the alternative Brent benchmark and leading stock indexes have virtually disappeared. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Celestica Inc.

Posted: 31 Jan 2012 11:01 PM PST

Celestica Inc. (CLS) has a solid outlook for 2012 and 2013 and is a Zacks #1 Rank (Strong Buy).
Company Description
Celestica Inc. provides electronics manufacturing services and solutions to original equipment manufacturers (OEMs) in the consumer, communications, enterprise computing, industrial, aerospace and defense, healthcare and green technology sectors in Asia, the Americas and Europe.
Recently Reported Earnings
CLS recently reported earnings for 4Q11 and the 2011 fiscal year. Revenues … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Lululemon Athletica Inc.

Posted: 31 Jan 2012 11:01 PM PST

Lululemon (LULU)
Sometimes the strongest companies are not the ones you would suspect; at least not at first.  Who would have believed that a high-end yoga clothing store would have a market cap of 7 billion and earnings growth of 50%?
For most of us, selling Yoga accessories would be a niche market handled by smaller retailers or as a segment of a larger company like Nike or Adidas.  Lululemon has managed to not only ride the wave of Yoga popularity and culture, but to weave … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Honeywell International Inc.

Posted: 31 Jan 2012 11:01 PM PST

Estimates have been rising for Honeywell (NYSE:HON) after the company delivered its 10th consecutive positive earnings surprise.
This Zacks #2 Rank (Buy) stock offers investors strong growth and solid income at a very reasonable price.
Based on current consensus estimates, analysts project 17% EPS growth in 2012 and 12% growth in 2013. On top of this, the company pays a dividend that yields a solid 2.6%.
Valuation is attractive too with shares sporting a PEG ratio of 0.9.
Company … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Bank Of America Corp. (BAC)

Posted: 31 Jan 2012 11:01 PM PST

Bank of America Corp.’s (NYSE:BAC) fourth-quarter earnings came in substantially lower than the Zacks Consensus Estimate. The sale of non-core assets and accounting gains made it possible for the company to remain profitable during the quarter. However, excluding nonrecurring items, the company would have incurred a loss.
Higher non-interest expense was the primary headwind in the quarterly numbers. Also, capital and liquidity remained weak. For the full year 2011, the company reported earnings of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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

Posted: 31 Jan 2012 11:01 PM PST

Caterpillar Inc.’s (NYSE:CAT) fourth quarter EPS increased 53% to $2.25 and revenues surged 35% to a record $17.2 billion, driven by increased machine demand. Results were way 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 the major mining markets of China and India. Caterpillar’s strong brand name, pricing power and global dealer network put it in a position to capitalize … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


$460 Million Stimulus Comes To Florida This Year, From Shale Revolution, And NOT Taxpayer Dollars

Posted: 31 Jan 2012 07:10 PM PST

John Hanger highlights a $460 million stimulus to the Florida economy this year, thanks to lower natural gas prices that prompted Florida’s largest utility company to switch from oil to gas for electricity generation:

“Gas has been mainly displacing coal in electricity generation and not much oil for the simple reason that oil provides about 1% of America’s electricity and that number is declining.  There is not a lot of oil to displace in the electricity industry, but FPL, Florida’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Our So-Called Recovery

Posted: 31 Jan 2012 06:18 PM PST

Three recent articles (further) undermine the notion that we’re seeing a light at the end of the tunnel.
The first examines the so-called rebound in growth:
“Dial 911 If This Story Makes Your Eyes Bleed” (New York Post)
In order to get to [the] 2.8 percent growth [reported last Friday,] the Commerce Department used a very unrealistic level of inflation in its calculations.
Let me explain: The government comes up with a figure on how much it thinks the economy grew, or shrunk. Friday's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: Usd/krw Consolidating In A Sideways Channel.

Posted: 31 Jan 2012 06:17 PM PST

usd/krw is consolidating after the recent rally lower and now trading  in a sideways … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Ruminations Of An Option Trader

Posted: 31 Jan 2012 05:58 PM PST

 Another victim of the Star Spangled Banner of the Street,
Now you're in the world of wolves, and we welcome all you sheep.

~ Hollywood Undead, "Been to Hell" ~

 
My name is J. W. Jones and I am an options trader. I wanted to get that out of the way so that readers who consider those of my ilk to be best regarded as the quiet family secret of carnival barkers, snake oil salesmen, and politicians can stop reading now. I understand your hesitation, but the world has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Based On Record Profits, U.S. Manufacturing Is Alive And Well And Had Its Best Year Ever In 2011

Posted: 31 Jan 2012 05:57 PM PST

The chart above compares data in 1995 and 2011 for: a) inflation-adjusted manufacturing profits (2011 dollars, Census data here), and b) average manufacturing employment levels.  The year 1995 was selected as a representative year during the period when U.S. manufacturing employment exceeded 17 million workers and inflation-adjusted profits were typical for a non-recession year in the era of what might be considered the “golden age of American manufacturing.”  It was definitely well … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What Warren Buffett Knows About The Basic Maths Behind Stock Market Diamonds

Posted: 31 Jan 2012 12:20 PM PST

The stock market is basically full of dirt. The majority of companies listed are like the earth beneath our feet – grinding along just about sustaining the goods and services the economy needs in order not to flatline. But in that dirt there are diamonds, undiscovered or thrown away, hard to spot with the naked eye but which once polished can gleam so brightly that investors will pay a huge premium for them. Of course as so few investors seem to know the difference between pebbles and dirty … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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