Thursday, February 16, 2012

DailyMarkets.com - Forex Trading: GBP/JPY Re-testing Highs.

DailyMarkets.com - Forex Trading: GBP/JPY Re-testing Highs.


Forex Trading: GBP/JPY Re-testing Highs.

Posted: 16 Feb 2012 01:22 AM PST

The pair is re-testing the highs here at 123.482; if resistance continues to hold we look back towards the 38.2% line on the hourly chart.

Around the same level we have added resistance from the 61.8% line on the daily chart. In the case of a break higher the next level we look to is the 200 day moving average at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Swedish Riksbank Cuts Repo Rate 25bps To 1.50%

Posted: 16 Feb 2012 01:19 AM PST

Sweden’s Riksbank cut its benchmark repo rate by another 25 basis points to 1.50% from 1.75%.  The Bank said: “Inflationary pressures in the Swedish economy are low. The economic outlook in Sweden has weakened as a result of developments abroad. In order to stabilise inflation around 2 per cent and resource utilisation in the economy around a normal level, the Executive Board of the Riksbank has decided to cut the repo rate by 0.25 percentage points to 1.50 per cent. The repo … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil May Pull Back As Iran Tensions Ease, Gold Focus Remains On QE3 Bets

Posted: 16 Feb 2012 01:09 AM PST

Talking Points

Crude Oil May Reverse Lower as Iran-Driven Geopolitical Risks Subside
Gold, Silver Eyeing US Economic Data as Traders Shape QE3 Expectations
Copper Pressured Lower as S&P 500 Futures Argue for Risk Aversion

WTI Crude Oil (NY Close): $100.74 // -0.17 // -0.17%
Geopolitical forces once again undermined crude's relationship with risk appetite trends. Prices pushed higher despite a drop in share prices after Iran's Mehr news agency reported that the country will halt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USD/JPY Consolidating Between 78.15 And 78.65

Posted: 16 Feb 2012 12:17 AM PST

Growth & Income Stock: Qualcomm Incorporated

Posted: 15 Feb 2012 11:00 PM PST

Qualcomm Incorporated (NASDAQ:QCOM) recently reported record results for the first quarter of its fiscal 2012. And management raised its guidance going forward, prompting analysts to revise their estimates higher and sending the stock to a Zacks #1 Rank (Strong Buy).
Based on current consensus estimates, analysts project 11% EPS growth from Qualcomm this year and 13% growth next year. It also pays a dividend that yields a solid 1.4%.
Company Description
Qualcomm manufactures and markets digital … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Prestige Brands

Posted: 15 Feb 2012 11:00 PM PST

Prestige Brands (PBH)
Just a month ago, we first featured PBH as a value stock that was worth looking into.  In less than 30 days since that report the stock has gained 20% in value, reported a strong quarter and has built quite a bit of momentum behind it.  The stock is currently consolidating near its 52-week high and could be poised for another leg up.  Even with its recent run, Prestige Brands is still fairly valued from an earnings perspective and is still a Zacks Rank #1 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Dell

Posted: 15 Feb 2012 11:00 PM PST

Dell (DELL) has a solid history of positive earnings surprises and has recently had a breakout. The stock is a Zacks #1 Rank (Strong Buy).
Company Description
Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide. The company sells and supports technology products including laptops, netbooks, tablets, smartphones, desktops PCs, servers and networking products. It also offers storage solutions comprising storage area networks, network-attached … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: Arch Coal, Inc. (ACI)

Posted: 15 Feb 2012 11:00 PM PST

Arch Coal, Inc.’s (NYSE:ACI) fourth quarter operating earnings of $0.29 per share missed the Zacks Consensus Estimate. Full-year results also failed to meet expectations. Going forward, increased regulation and alternate energy sources, specifically natural gas, continue to be major risks for coal miners like Arch Coal.
We remain concerned about the recent difficulties faced at the company’s Powder River Basin operations as well as the longwall outage at Mountain Laurel (Appalachia). We retain our … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: AMERCO, Inc. (UHAL)

Posted: 15 Feb 2012 11:00 PM PST

AMERCO, Inc. (NASDAQ:UHAL) is the parent company of U-Haul International, the largest consumer truck rental company in the world. It is also the second largest self-storage company in North America.
The impact of the decline in housing and a decrease in apartment occupancy rates appears to have ended. We expect continued improvements in operating parameters. Our recommendation continues as Outperform, with a price target of $110 a share.
The stock has usually been valued on EBITDAL (EBITDA plus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Fibonacci SPX

Posted: 15 Feb 2012 05:42 PM PST

Last April I wrote an article titled Fibonacci Gold and to tell you the truth, I have always been very proud of that analysis and particularly so regarding the beauty and elegance of the charts. Today’s post – Fibonacci SPX – will not compare with my previous inspiration, but I do think it has a relevant message that should give one something to think about. Even better if it helps my reader be prepared for investing/trading a stock market that I suspect is about to change rather … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


7 Ways To Find Stock Ideas: Improving Your Search Strategy

Posted: 15 Feb 2012 12:36 PM PST

Crucial to any successful investment process is having a good quot;searchquot; or quot;originationquot; strategy, i.e. ensuring that you are constantly seeing a good quot;funnelquot; of investment targets. Part of that search process is having a well-through through set of investment checklists so that you can quickly  filter out the low probability time-wasters. But equally, it’s important to think about the top of the funnel – how to find new ideas?
Are you getting enough good investment … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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