Wednesday, March 7, 2012

DailyMarkets.com - Commodities To Recover As Profit-Taking Fuels Bounce In Risky Assets

DailyMarkets.com - Commodities To Recover As Profit-Taking Fuels Bounce In Risky Assets

Commodities To Recover As Profit-Taking Fuels Bounce In Risky Assets

Posted: 07 Mar 2012 01:57 AM PST

Talking Points

Copper to Rise as Risky Assets Correct Higher After Yesterday's Selloff
Silver Likely to Outperform Gold as US Dollar Pullback Boosts Metals
Crude Oil Aims Higher But Iran Tensions Downgrade May Counter Gains

As we discussed yesterday, commodities came under broad-based selling pressure as a market-wide flare-up in risk aversion weighed on demand for growth-sensitive assets while boosting the safe-haven US Dollar. A correction now appears underway, with most benchmark … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: USD/JPY Looking To Re-test Lows

Posted: 07 Mar 2012 01:18 AM PST

After finding resistance from the 200 hour moving average it appears the pair may be looking to re-test the 80.578 low. In this area we find support on both the hourly and daily … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Central Bank Of Kenya Holds Lending Rate At 18.00%

Posted: 06 Mar 2012 11:14 PM PST

The Central Bank of Kenya maintained its benchmark lending rate at 18.00%, and held the Cash Reserve Ratio at 5.25%.  The central bank Governor, Njuguna Ndung’u, said of the decision: “This will ensure that the monetary policy measures in place continue to work through the economy to deliver the desired outcomes of reducing inflation, dampening inflationary expectations and sustaining exchange rate stability.”

At its December meeting the CBK increased … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: AGL Resources, Inc. (GAS)

Posted: 06 Mar 2012 11:00 PM PST

We are maintaining our Underperform recommendation on AGL Resources, Inc. (NYSE:GAS) with a target price of $36. We expect shareholder sentiment towards the company to remain lukewarm, considering its investment in higher-risk unregulated operations, ongoing regulatory uncertainties and the challenging economic environment.
AGL’s earnings are likely to suffer in 2012 due to a less-than-favorable outlook at its wholesale segment. Additionally, the inclusion of the shipping operations (post-Nicor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Discover Financial Services

Posted: 06 Mar 2012 11:00 PM PST

Discover Financial Services (DFS)
During the great recession of 2008-09 credit all but froze completely.  The average American (and global) consumer went into panic mode shifting from high spending to extreme saving. 
Banks and credit card companies also froze their lending practices as they tried to reconfigure their risk models and remained unsure of just how bad defaults on loans and revolving lines of credit would turn out to be.  At the peak of the recession, it was hard to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Apple, Inc. (AAPL)

Posted: 06 Mar 2012 11:00 PM PST

Apple, Inc. (NASDAQ:AAPL) reported a stellar first quarter that was primarily driven by strong holiday season sales based on the ramp in demand for the new iPhone 4S. Robust sales in the iPad and Mac series also chipped in, registering a strong quarter for the company.
We believe Apple remains the biggest growth story in the technology sector primarily on account of its superior product pipeline, Apps, strong iCloud revenues, the upcoming iPad 3 update, loyal customer base and international … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Ecopetrol S.A.

Posted: 06 Mar 2012 11:00 PM PST

Estimates have been surging for Ecopetrol S.A. (NYSE:EC) after the company delivered stellar fourth quarter results on February 15.
It is a Zacks #2 Rank (Buy).
Based on current consensus estimates, analysts project 17% EPS growth both this year and next. On top of this growth, the company pays a dividend that yields a solid 2.8%.
Valuation is attractive too with shares trading at less than 12x forward earnings.
Company Description
Ecopetrol is the largest company in Colombia and one of the 4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Select Medical Holdings

Posted: 06 Mar 2012 11:00 PM PST

Select Medical Holdings (SEM) posts four straight positive earnings surprises, sees estimates for 2012 move higher making it a Zacks #1 Rank (Strong Buy).
Company Description
Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company’s Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. The company is headquartered in Mechanicsburg, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Manufacturing Math Starts To Favors U.S.

Posted: 06 Mar 2012 07:25 PM PST

From the Harvard Business Review blog, “New Math Will Drive a U.S. Manufacturing Comeback” by Harold Sirkin and Michael Zinser of the Boston Consulting Group:

“Making the United States an even more attractive location for factories and investments is critical for the health of our nation. More domestic factories would help create more balanced trade flows and a more stable global economy. But company decisions on what and where to place production facilities, while influenced by many factors, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Back On Track

Posted: 06 Mar 2012 05:30 PM PST

Are things returning to “normal”?
Well, the poor are getting poorer –

“Extreme Poverty In The U.S. Has Doubled In The Last 15 Years” (Think Progress)
According to the latest Census Bureau data, nearly 50 percent of Americans are either low-income or living in poverty in the wake of the Great Recession. And a new study from the National Poverty Center shows just how deep in poverty some of those people are, finding that the number of households living on less than $2 per day (before … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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