Thursday, February 2, 2012

DailyMarkets.com - Super Bowl XLVI To Help American Businesses

DailyMarkets.com - Super Bowl XLVI To Help American Businesses

Super Bowl XLVI To Help American Businesses

Posted: 02 Feb 2012 04:00 PM PST

02/02/12 The big game on Sunday is expected to draw a record number of viewers. This year’s Super Bowl could mean all-time highs for consumer spending in the US, according to the Retail Advertising and Marketing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dillard’s To Expand Online Presence

Posted: 02 Feb 2012 03:55 PM PST

Dillard's Inc. (NYSE:DDS), in a move to grow its online store at www.dillards.com, has invested about $4 million in Acumen Brands, a Fayetteville, Arkansas-based ecommerce company. Acumen Brands currently operates twelve online retailers supported by proprietary software and advanced fulfillment systems.
Under this strategic agreement, Dillard's and Acumen will put their resources together for the betterment of both Dillards.com and Acumen's twelve online sites. As per the deal, Acumen will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dendreon Gets A New CEO

Posted: 02 Feb 2012 03:55 PM PST

Dendreon Corporation (NASDAQ:DNDN) recently announced the appointment of a new chief executive officer (CEO). Dendreon appointed John H. Johnson as president and CEO to replace Mitchell H. Gold, who served Dendreon for almost a decade. Mr. Gold will continue as the executive chairman of the company until June 2012, after which he will hand over the chairman position to Johnson and will continue as a director.
We believe the CEO switching could be a good move for Dendreon as Johnson brings with him … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Zumiez Comps Beat Expectations

Posted: 02 Feb 2012 03:45 PM PST

Zumiez Inc. (NASDAQ:ZUMZ), an action sports retailer in the United States, reported comparable store sales for the four-week period ended January 28, 2012. Total net sales for the period marked a significant increase of 19.2% to $31.8 million from $26.7 million reported in the four-week period ended January 29, 2012.
During the period under review, comparable store sales surged 10.8%, beating the analysts expectations compared with a rise of 15.3% in the prior-year period. The January results marked … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TECO Misses Out And Out

Posted: 02 Feb 2012 03:40 PM PST

Energy utility TECO Energy Inc. (NYSE:TE) announced its fourth-quarter 2011 operating earnings of 25 cents per share, which missed the Zacks Consensus Estimate of 28 cents. The results of the company were higher than 23 cents reported in the year-ago quarter.
Teco Energy's operating earnings for 2011 were $1.27 per share compared with $1.28 per share reported in 2010. The results fell short of the Zacks Consensus Estimate by 4 cents.
The GAAP and operating earnings per share during the reported … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: How Long Can This Grind Continue?

Posted: 02 Feb 2012 03:27 PM PST

Cusick’s Corner
As I noted in the Midday and other Corners over the past week, today’s type of action, a grind in a tight range is something that a Bull might like to see at this stage. While the S&Ps have been the leader to the upside, this has been a move that a lot of money has probably not been a part of and at this juncture, not willing to chase who now may fear of missing the next leg to the upside. While I put very little credence in the “golden” cross, 50 day moving average over the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fluor Receives AVSE II Contract

Posted: 02 Feb 2012 03:20 PM PST

Fluor Corporation (NYSE:FLR) has received two contracts from Arlington Valley Solar Energy II, LLC (AVSE II), a member of LS Power Group, for its new nominal 125-megawatt solar photovoltaic (PV) facility, located in Maricopa County, Arizona.
One is a lump-sum engineering, procurement and construction (EPC) contract while the other is for operations and maintenance services (O&M) of the new PV facility. The value of the contract is undisclosed and has been included in the fourth-quarter 2011 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets Await US Jobs Report

Posted: 02 Feb 2012 03:20 PM PST

02/02/12 The US employment report for January will be released on Friday morning at 8:30 am ET. The unemployment rate is expected to remain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reliance Steel Acquires McKey

Posted: 02 Feb 2012 03:15 PM PST

Diamond Manufacturing Company, a wholly owned subsidiary of Reliance Steel & Aluminum Co. (NYSE:RS), acquired New Berlin based McKey Perforating Co. Inc. and its subsidiary McKey Perforated Products Co. Inc. for an undisclosed amount.
McKey, a contract manufacturer serving mostly U.S. customers, will become a part of Reliance’s Diamond Manufacturing Co. However, the company's current management will remain in place.
For full-year 2011, McKey's net sales were approximately $18 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MasterCard-KeyBank Ink Payment Deal

Posted: 02 Feb 2012 03:15 PM PST

Yesterday, MasterCard Inc. (NYSE:MA) announced a long-term agreement with KeyBank, a bank-based financial services company, so as to provide debit card, ATM and prepaid card payment processing services.
Consequently, KeyBank will use MasterCard's Integrated Processing Solutions (IPS) for payment processing under its Debit MasterCard program. The company will use the service for online, ATM as well as in-store transactions by its clients. Additionally, KeyBank will now be able to provide PIN … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Interactive Reports Better Metrics

Posted: 02 Feb 2012 03:05 PM PST

Interactive Brokers Group Inc.'s (NASDAQ:IBKR) Electronic Brokerage segment has announced its monthly brokerage data for January 2012. The segment under review clears and settles trades globally for both individual and institutional clients.
Interactive's total customer accounts for January were 190,600, up 18% from 161,000 in January 2011 and 1% from 189,100 in December 2011. Moreover, total customer Daily Average Revenue Trades (DARTs) were in line with the prior-year month and jumped 12% from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

India, A Nation Of Facebook Addicts!

Posted: 02 Feb 2012 10:00 AM PST

02/02/12 India is now the top Facebook nation outside North America with 43.49 million users as social networking in the nation soars! In 12 months, India saw Facebook user uptake soar an astounding … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AngioDynamics To Buy Navilyst

Posted: 02 Feb 2012 02:55 PM PST

In a bid to bolster its vascular business, therapeutic and diagnostic devices maker AngioDynamics (NASDAQ:ANGO) has agreed to buy Massachusetts-based privately held Navilyst Medical in a cash and stock deal.
Navilyst Medical, which focuses in the vascular access, interventional radiology and interventional cardiology markets, was acquired by private equity firm Avista Capital Partners from Boston Scientific (NYSE:BSX) in 2008. The entity generated sales of $149 million in 2011.
Navilyst offers its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Solar Stocks To Watch

Posted: 02 Feb 2012 02:50 PM PST

( click to enlarge )

JinkoSolar Holding Co., Ltd. (JKS) had a strong bounce off its ascending 50 day moving average today, as did most of the stocks in its sector. JKS looks like it wants to make a move. If the stock can break today’s high, we should see a strong upside move. You want to watch JKS closely on Friday.

( click to enlarge )

First Solar, Inc. (NASDAQ:FSLR) After bottoming out in the December 2011 trough at around 30, the stock has been on a short-term uptrend. As long as it trades … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Stryker

Posted: 02 Feb 2012 02:40 PM PST

Orthopedic devices major Stryker Corporation's (NYSE:SYK) fourth-quarter 2011 adjusted (excluding one-time items) earnings of $1.02 a share came in line with the Zacks Consensus Estimate and transcended the year-ago earnings of 93 cents a share. The Michigan-based company's profits surged roughly 36%, bucking a declining trend witnessed in the first three quarters of 2011.
Fourth Quarter Revisited
Revenues climbed 11% year over year to $2.2 billion, matching the Zacks Consensus Estimate. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Topic Releases 4Q Sales Results

Posted: 02 Feb 2012 02:35 PM PST

Hot Topic Inc. (NASDAQ:HOTT), a shopping-mall based retail chain, reported sales results for the fourth quarter ending January 28, 2012.
Hot Topic's fiscal fourth-quarter 2011 comparable store sales (comps) was up 1.3% compared with negative comps of 2.1% reported in the year-ago period. Comps increase in the quarter was driven by a 2.2% rise in comps at the company's namesake stores, offset by a 3.2% decline recorded at the Torrid stores.
For fiscal year 2011, the company's comps inched up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MasterCard Exits 2011 Assured

Posted: 02 Feb 2012 02:35 PM PST

MasterCard Inc.'s (NYSE:MA) fourth-quarter 2011 operating earnings per share of $4.03 came in drastically ahead of the Zacks Consensus Estimate of $3.90 and $3.16 in the year-ago quarter. Net income for the reported quarter stood at $515 million, spiking 23.7% from $415 million in the prior-year quarter.
However, including an after-tax charge of $495 million ($770 million, pre-tax) related to the U.S. merchant litigations, MasterCard reported net income of $19 million or 15 cents per share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

IPG On Acquisition Fling, Eyes EU

Posted: 02 Feb 2012 02:30 PM PST

Interpublic Group (NYSE:IPG), one of the world’s leading organizations of advertising agencies and marketing service provider, recently announced acquisition of FUSE, a digital and interactive agency based in the UK. With this acquisition, FUSE will now add strength to Interpublic's GolinHarris network (GH International); being a part of the company's current digital and interactive capabilities.
The advertising industry has become even more competitive and dynamic with rapid propagation of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rating Action On Progressive

Posted: 02 Feb 2012 02:30 PM PST

A.M. Best reiterated issuer credit ratings (ICR) of "a" and debt ratings of senior unsecured notes on The Progressive Corporation (NYSE:PGR). The outlook remains stable.
Concurrently, the rating agency also reiterated the financial strength rating (FSR) of A+ (Superior) and ICR of "aa" on Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group and their members. Also, A.M. Best reiterated FSR of A (Excellent) and ICR of "a+" on National Continental … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Superbowl Economics

Posted: 02 Feb 2012 02:24 PM PST

1. Tickets on StubHub!: $2,000 to $20,000.

2. Hotels: $500 per night, 4 night minimum.

So that’s a minimum of $6,000 for two people just for tickets and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wells Fargo Completes Burdale Buy

Posted: 02 Feb 2012 02:20 PM PST

Yesterday, Wells Fargo & Company (NYSE:WFC) announced that it has accomplished the purchase of Burdale Financial Holdings Limited (Burdale) and the portfolio of Burdale Capital Finance Inc. from Bank of Ireland (NYSE:IRE). The acquisition was part of the company's effort to broaden its international commercial finance capabilities.
Headquartered in London, Burdale is a leading provider of comprehensive asset-based lending and operates in and across the UK marketplace. Following the deal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Index: Listrak Shopping Cart Abandonment

Posted: 02 Feb 2012 02:16 PM PST

LITITZ, PA– – Listrak, an email marketing solutions provider for the leading internet retailers, today launched the e-commerce industry’s first daily and six month average Shopping Cart Abandonment index, which tracks cart abandonment rates of online shoppers from the company’s top internet retail clients. In an effort to help online retailers recoup sales, the index provides a daily abandonment rate with the ability to expand the timeline and identify trends over a period of time. Until … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DuPont & Suntech Join Forces

Posted: 02 Feb 2012 02:15 PM PST

E.I. du Pont de Nemours and Company (NYSE:DD) and Suntech Power Holdings entered into a strategic agreement with an overall goal of augmenting the supply of PV materials and technologies in the global solar energy market.
The agreement specifically focuses on technology advancements, supply chain optimization, cost reduction initiatives as well as DuPont's Tedlar polyvinyl fluoride film supply.
Further, DuPont and Suntech are engaged in co-marketing opportunities in order to further promote a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Medivation/Astellas’ MDV3100 Shines

Posted: 02 Feb 2012 02:06 PM PST

Medivation, Inc. (NASDAQ:MDVN) shares received a huge boost as the company and its partner, Astellas Pharma Inc., announced detailed results on their prostate cancer candidate, MDV3100, from the phase III AFFIRM study.
Results showed a 4.8-month advantage in median overall survival compared to placebo (18.4 months versus 13.6 months). MDV3100 met its secondary endpoints as well, compared to placebo. These included radiographic progression-free survival (8.3 versus 2.9 months), soft tissue response … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Finish Flat

Posted: 02 Feb 2012 09:00 AM PST

02/02/12 Stocks ended Thursday narrowly lower following mixed data and earnings ahead of the government’s monthly employment report on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Arrow Easily Beats

Posted: 02 Feb 2012 01:50 PM PST

Arrow Electronics (NYSE:ARW) posted a net income (excluding loss on prepayment of debt and restructuring, integration, and other charges) of $157.3 million or $1.38 per share in the fourth quarter of 2011 compared with a net income of $151.6 million or $1.29 per share in the year-ago quarter.
The results beat the Zacks Consensus Estimate of $1.29. Including the above mentioned items, net income came in at $174.1 million or $1.53 per diluted share compared to a net income of $1.53 per diluted share … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Enterprise Products Posts Record 4Q

Posted: 02 Feb 2012 01:35 PM PST

Enterprise Products Partners LP (NYSE:EPD) reported record fourth quarter 2011 results, thanks to natural gas production growth in the Rocky Mountains, Haynesville and Eagle Ford shale plays as well as strong demand for natural gas liquids (NGLs) in the U.S. petrochemical industry and global markets.
Earnings per limited unit of 82 cents surpassed the Zacks Consensus Estimate of 56 cents and grew a whopping 148% from 33 cents a year ago.
For full year 2011, Enterprise Products registered earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Another Acquisition For ADP

Posted: 02 Feb 2012 01:35 PM PST

Automatic Data Processing Inc. (NYSE:ADP) recently announced the acquisition of privately held PhyLogic Healthcare LLC, a well known provider of revenue cycle management (RCM) and medical billing outsourcing services. However, terms of the transaction were not disclosed.
Founded in 2001, Springfield, Massachusetts-based PhyLogic provides billing and accounts receivable services to medical practitioners across the U.S. The company also provides electronic health records (EHR) and cloud-based … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Positive Outcome On MDT’s CoreValve

Posted: 02 Feb 2012 01:26 PM PST

Leading medical device player Medtronic (NYSE:MDT) recently came out with the results of two studies conducted on the company's CoreValve System delivered through the direct aortic implantation approach. The data demonstrated at the 48th Annual Meeting of the Society of Thoracic Surgeons (STS) showed positive result from this kind of implantation.
Earlier, in November 2011, CoreValve System with direct aortic implantation approach got the CE (Conformité Européenne) Mark approval. This direct … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Maxim Beats, Guidance Disappoints

Posted: 02 Feb 2012 01:26 PM PST

Maxim Integrated Products' (MXIM) second quarter earnings excluding special items and including stock based compensation expenses beat the Zacks Consensus by a penny.
Revenue
Maxim's second quarter revenue of $591.4 million was down 7.0% sequentially, 3.5% year over year and missing management's guidance range of $625-655 million, or down 1.7% to up 3.0% sequentially. Revenue was down across all end-markets. 
Revenue by End Market
The consumer end market was the largest in the last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Trading In A Wedge Formation.

Posted: 02 Feb 2012 01:18 PM PST

usd/hkd trading in a wedge formation in this hourly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/sgd Getting Close To Recent Lows.

Posted: 02 Feb 2012 01:18 PM PST

usd/sgd is getting close to recent lows around 1.2400 in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CIGNA Lags Est On Share Dilution

Posted: 02 Feb 2012 01:18 PM PST

U.S health insurer, CIGNA Corp.'s (NYSE:CI) fourth quarter core earnings of $1.11 per share lagged the Zacks Consensus Estimate of $1.18. Earnings were also down from $1.15 reported in the comparable period last year. The weaker than expected results came on the back of dilutive effect led by equity financing of Health Spring acquisition.
CIGNA's third quarter consolidated revenues of $5.4 billion, higher than the Zcaks Consensus Estimate of $5.24 billion. Revenues also grew 0.6% year over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BMC’s EPS Beats But Bookings Fall

Posted: 02 Feb 2012 01:18 PM PST

BMC Software Inc. (NYSE:BMC) reported third quarter 2012 earnings per share of 79 cents, surpassing the Zacks Consensus Estimate of 70 cents.
Revenue
Total revenue in the reported quarter was $548.2 million, up 1.5% year over year. The company witnessed mixed results across different revenue segments. However, cloud management and Software-as-a-Service (SaaS) initiatives continued to grow, adding to the customer base.
License revenue in the third quarter was $225.0 million, down 4.1% year over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Spectra Misses Earnings, Beats Rev

Posted: 02 Feb 2012 01:18 PM PST

Premier natural gas company Spectra Energy Corp. (NYSE:SE) reported fourth-quarter 2011 earnings per share from continuing operations of 44 cents, lower than the Zacks Consensus Estimate of 50 cents and the year-earlier profit of 47 cents.
In 2011, earnings per share (EPS) from continuing operations increased 13% from 2010, reaching $1.77. However, EPS failed to meet the Zacks Consensus Estimate of $1.81.
The reported quarter results reflect strong performance with increased earnings before … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cameron Matches Estimate, Grows Y/Y

Posted: 02 Feb 2012 01:08 PM PST

Oil drilling equipment maker Cameron International Corp. (NYSE:CAM) reported fourth quarter earnings per share (excluding charges associated with the Deepwater Horizon incident) of 77 cents, exceeding the 69 cents (adjusted) earned in the prior-year quarter and in line with the Zacks Consensus Estimate. The year-over-year outperformance reflects robust profitability from its 'Drilling & Production Systems' and 'Valves & Measurement' segments.
Quarterly revenue, at $2,030.7 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: LUV

Posted: 02 Feb 2012 01:08 PM PST

The largest U.S. low-cost carrier Southwest Airlines Co. (NYSE:LUV) saw the thirty ninth year of profit in fiscal 2011, as announced on January 19, amid rising fuel prices and economic uncertainties.
Fourth Quarter & Fiscal 2011 Review
Southwest Airlines reported fourth quarter adjusted earnings of 9 cents per share beating the Zacks Consensus Estimate by a couple of cents. The quarter's earnings, however, dropped 40% from the year-ago quarter. For fiscal 2011, adjusted earnings declined … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Danaher Beats Estimates

Posted: 02 Feb 2012 01:00 PM PST

Danaher Corporation (NYSE:DHR) released its fourth-quarter and fiscal 2011 results reporting GAAP earnings from continuing operations of 79 cents, a penny above the Zacks Consensus Estimate of 78 cents.
Non-Gaap earnings were 81 cents a share, which was also above the Zacks Consensus Estimate and was up 26.5% year over year.
For the full year on GAAP basis earnings were $2.53 a share while on a non-GAAP basis it was $2.83 a share which was 28.5% above fiscal 2010. The company's restructuring and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Xcel Energy Misses

Posted: 02 Feb 2012 01:00 PM PST

Electricity and natural gas company Xcel Energy Inc. (NYSE:XEL) reported its fourth quarter and fiscal 2011 year earnings. During the quarter, operating and GAAP earnings were 29 cents per share, a penny below the Zacks Consensus Estimate and both were in-line with the earnings of the year-ago period.
During fiscal 2011, the company reported pro forma and GAAP EPS of $1.72, above the Zacks Consensus Estimate of $1.69. However, in fiscal 2010 pro forma EPS was $1.61 and GAAP EPS was $1.62.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cummins Beats, Expects Higher Revenues

Posted: 02 Feb 2012 12:51 PM PST

Cummins Inc. (NYSE:CMI) posted a profit of $548 million or $2.86 per share in the fourth quarter of 2011 compared with $362 million or $1.84 per share in the same quarter of 2010. Excluding special items, the company recorded a profit of $491 million or $2.56 per share, surpassing the Zacks Consensus Estimate of $2.24 per share.
Revenues in the quarter grew 19% to $4.9 billion driven by higher demand in trucks, construction, power generation and oil and gas markets in North America as well as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pfizer Recalls Birth Control Pills

Posted: 02 Feb 2012 12:51 PM PST

Pfizer Inc. (NYSE:PFE) recently announced the voluntary recall of 28 lots or 1 million packs of its oral contraceptive pill, Lo/Ovral 28 (norgestrel and ethinyl estradiol), including 14 lots of the generic version of the product. The recall, conducted in the US with the knowledge of the Food and Drug Administration (FDA), was due to packaging issues.
Packaging Errors Led to the Recall
Based on an investigation, Pfizer found that some of the blister packs could contain the wrong amount of placebo … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wisconsin Energy Beats Estimates

Posted: 02 Feb 2012 12:40 PM PST

Energy utility, Wisconsin Energy Corporation (NYSE:WEC) posted net operating earnings of 49 cents per share in the fourth quarter of 2011, ahead of the Zacks Consensus Estimate of 47 cents per share. However, the results fell short of the year-ago quarter's operating earnings by 4 cents per share.
Wisconsin Energy's fiscal year 2011 operating earnings were $2.18 per share compared with $1.92 per share reported in 2010. The results exceeded the Zacks Consensus Estimate by 3 cents.
Earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Goodrich Rides Past Estimates

Posted: 02 Feb 2012 12:20 PM PST

Before the markets opened, Goodrich Corporation (NYSE:GR) announced its fourth quarter and fiscal 2011 results. Its fourth quarter earnings were $1.85 per share handsomely surpassing both the Zacks Consensus Estimate of $1.57 and the year-ago number of $1.16 per share. The results were driven by sales growth in the company's all the major market channels, and strong operational performance.
Goodrich reported fiscal 2011 earnings per share of $6.33 versus $4.51 in the year-ago quarter and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pink Slip Trip! AMR Turbulence Leads To 13k Job Cuts

Posted: 02 Feb 2012 12:00 PM PST

02/02/12 AMR Corp., the parent company of the bankrupt American Airlines, announced plans to slash 13,000 jobs in an attempt to cut costs and keep pace with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

10 Reasons Why Investing In Actively Managed Funds Is A Losers Game

Posted: 02 Feb 2012 10:45 AM PST

The amount of evidence stacking up that hedge funds, mutual funds and even private equity do not provide value for their investors is just staggering. The latest figures reported in the FT showed that 70% of the profits of private equity had been gobbled up by the managers rather than the investors. While there are certainly signs that the public’s tolerance of excessive fees and executive pay is falling, the likelihood of significant structural change in the finance industry is still remote. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Is The Stock Market Always Efficient?

Posted: 02 Feb 2012 09:05 AM PST

For much of the last 25 years, most of the investment management world has promoted the idea that individual investors can’t beat the market. To beat the market, stock pickers of course have to discover mispricings in stocks, but the Nobel-acclaimed Efficient Market Hypothesis (EMH) claims that the market is a ruthless mechanism acting instantly to arbitrage away any such opportunities, claiming that the current price of a stock is always the most accurate estimate of its value … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, February 3, 2012

Posted: 02 Feb 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, February 3, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
10.42
+ 2.16
10.29
10.41

Bullish

AXP – American Express Company
51.16
+ 1.07
50.50
49.81

Bullish

BA – Boeing Co
75.22
− 0.20
74.96
74.70

Bullish

BAC – Bank of America Corporation
7.45
+ 1.22
7.29
7.28

Bullish

CAT – Caterpillar Inc
110.33
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, February 3, 2012

Posted: 02 Feb 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, February 3, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
110.61
+ 0.03
110.71
110.31

Neutral

BND – Vanguard Total Bond Market ETF
83.91
+ 0.16
83.91
83.68

Neutral

DBC – DB Commodity Index Tracking Fd
27.99
+ 0.25
27.93
27.98

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, February 3, 2012

Posted: 02 Feb 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, February 3, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0711
+ 0.07
1.0671
1.0588

Bullish

EURUSD – Euro / US Dollar
1.3143
− 0.10
1.3129
1.3111

Bullish

GBPUSD – British Pound / US Dollar
1.5804
− 0.17
1.5792
1.5661

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9993
+ 0.07
1.0001
1.0053

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, February 3, 2012

Posted: 02 Feb 2012 04:03 AM PST

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, February 3, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Mar ESH2
1322.75
+ 0.23
1316.03
1314.58

Bullish

Dow Jones – Mar YMH2
12666
+ 0.10
12634
12641

Bullish

Nasdaq – Mar NQH2
2491.50
+ 0.16
2477.61
2450.58

Bullish

Russell – Mar TFH2
810.90
+ 0.43
801.21
789.03

Bullish

INTEREST RATES

US T-Bond – Mar ZBH2
144-19
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

From Dogs To Darlings

Posted: 01 Feb 2012 10:00 PM PST

As the saying goes, "every dog has its day" and global markets appear to have followed this historical trend lately as last year's dogs became the darlings of January. Notably, small-caps, copper and junior resources stocks have climbed recently, indicating that momentum has shifted.
Take a look at the small-cap Russell 2000 Index which was decimated in July, days before the 50-day moving average fell below the 200-day moving average. I discussed how traders buy or sell off of these … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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