Monday, February 6, 2012

DailyMarkets.com - Forex Trading: EUR/USD Testing Resistance @ 1.30961.

DailyMarkets.com - Forex Trading: EUR/USD Testing Resistance @ 1.30961.


Forex Trading: EUR/USD Testing Resistance @ 1.30961.

Posted: 06 Feb 2012 12:20 AM PST

The Euro is firmer in recent trading as equities open up slightly higher; FTSE, CAC, and DAX all up over 1.5%. On the 15 minute chart the EUR/USD is testing the 38.2% fibo line; the next bullish target is 1.31095. If resistance holds we look back to the low of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: Invesco Ltd.

Posted: 05 Feb 2012 11:05 PM PST

Estimates have been rising for Invesco Ltd. (NYSE:IVZ) after the company reported better than expected results for the fourth quarter of 2011. It is a Zacks #2 Rank (Buy).
Analysts believe that Invesco is well-positioned to benefit from retail investors shifting back into equity products, especially given the low interest rate environment over the new few years.
In addition to strong earnings growth potential, the company pays a dividend that yields 2.1%. Valuation is attractive too with shares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: JAKKS Pacific (JAKK)

Posted: 05 Feb 2012 11:05 PM PST

Challenging holiday sales hit JAKKS Pacific (NASDAQ:JAKK) badly, which consequently made the company cut its fiscal 2011 guidance. The labor shortage in Asia and an increase in input costs also remained a drag on the stock.
An underperformance in the third quarter’s top and bottom line makes us cautious on the stock. Hence, we downgrade the stock from Neutral to Underperform recommendation.
Our six-month target price of $13.00 equates to about 13.0x our estimate for 2012. The target price implies an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: Aetna, Inc. (AET)

Posted: 05 Feb 2012 11:05 PM PST

Aetna Inc.’s (NYSE:AET) fourth quarter 2011 results came in line with the Zacks Consensus Estimate. Earnings were, however, up 54% year over year. The quarter primarily benefited from low medical utilization and a decline in operating expense.
Overall, Aetna performed well in 2011, beating earnings estimates every quarter, on the back of low medical utilization, pricing discipline, medical cost management strategies and cost controls. The year saw the company making strategic investments in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Beacon Roofing Supply

Posted: 05 Feb 2012 11:05 PM PST

Beacon Roofing Supply (BECN) is a Zacks #1 Rank (Strong Buy) which should benefit from an improving economy and higher estimates tell us this could happen.
Company Description
Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials. The company’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulation, metal roofing, felt, wood shingles and shakes, nails and fasteners, metal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: MarkWest Energy Partners, L.P.

Posted: 05 Feb 2012 11:05 PM PST

MarkWest Energy Partners LP (MWE)
Master Limited Partnerships have been all the rage in the past year or so.  The key is knowing exactly what you are investing in, as not all MLPs are gold.  MarkWest Energy is in the business of gathering, processing and transporting natural gas as well as the transportation, fractionation, storage and marketing of NGLs (natural gas liquids).  They also gather and transport crude oil.
Natural gas prices are at all time lows, while crude remains … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Obama’s Intrade Odds: From 50% To 57% In 90 Days

Posted: 05 Feb 2012 10:12 PM PST

Obama’s Intrade odds for re-election have risen gradually and steadily from below 50% in early November to now about … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Smartphones Outsell PCs In 2011 For First Time

Posted: 05 Feb 2012 09:50 PM PST

FORBES — “2011 marked the beginning of a major shift toward mobile computing. Smartphone shipments topped PCs for the first time ever last year, by 73 million units, according to figures published by research firm Canalys on Friday.

Last year a total of 487.7 million smartphones were shipped. Only 414.6 million PCs, which include tablet PCs, shipped. That's a 62.7 percent increase on shipments of smartphones over 2010. It's yet another important step on the road from isolated, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Introducing The Global Monetary Policy Rate Index

Posted: 05 Feb 2012 06:31 PM PST

Central Bank News has developed a set of interest rate indexes to track broad trends in monetary policy across the globe. The index is essentially a GDP weighted average interest rate, thus the index can also be used to estimate the cost of capital, assessing monetary policy tightness/looseness, and other economic and financial analysis for the broad groups. There are four indexes: All, Developed, Emerging, and  Lesser Developed & Frontier markets.  The full methodology and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


20 Shorts/SELLS For This Week – The TSI Negative Divergence

Posted: 05 Feb 2012 05:55 PM PST

Just for a change, I’m writing this post about using the True Strength Index (TSI) indicator and the Negative Divergence SELL signal it generates. I’ll show you 20 stock charts that say SELL loud and clear on their daily charts using the TSI Negative Divergence SELL signal. And I’m going to pretend that I sold short each of these stock symbols at the close on Friday, document the closing price of each throughout this week in the chart below, and recap the results next weekend.

My particular … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


QE3 Is Still On The Table

Posted: 04 Feb 2012 12:17 AM PST

After the blowout number from Friday’s Non-Farm Payroll (NFP) release, there was some buzz that it would lessen the probability that the Federal Reserve would undertake QE3. I don’t think so.

According to its statement after its January 2012 FOMC meeting, the Fed has a 2% inflation target but no target for employment [emphasis added]:
The inflation rate over the longer run is primarily determined by monetary policy, and hence the Committee has the ability to specify a longer-run … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


No comments:

Post a Comment