DailyMarkets.com - So High

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• So High
• Starbucks, Green Mountain Caffeinate Bond
• New Home Sales Top Off Housing Data
• BUY NUGT @ $15.55 – Gold 2008 Vs. 2012
• Calgon Signs Deal With Phoenix
• Crude Supplies Snap Growing Trend
• Terex Partners With Sinomach
• Terex Partners With Sinomach
• M&T Bank Stays Neutral
• Chevron, Transocean Face Brazil Ire
• Lehman Revives: Good Days Ahead?
• Stocks Close Lower On Slower China Growth
• Shire To Buy FerroKin BioSciences
• Balanced View On Express Scripts
• H-P’s PC & Printer Under One Roof
• Abbott Unveils Pharma Co. Name
• Valdes: “Markets Not Moving…stuck In Void”
• Mechel Installs New Furnace
• Caterpillar Expands In China
• Meritor Upgraded To Neutral
• Avis Budget Downgraded
• Replagal BLA Withdrawn By Shire
• Positive Data From Genomic Health
• Boeing Dreamliner Gets FAA Approval
• Economist On The Street – Global Slowdown Vs. US Data
• The Trend Trader For ETF Trading On Friday, March 23, 2012
• The Trend Trader For Futures Trading On Friday, March 23, 2012
• The Trend Trader For Forex Trading On Friday, March 23, 2012
• The Trend Trader For Stock Trading On Friday, March 23, 2012
• A Great Reason To Be Investing

So High Posted: 22 Mar 2012 05:17 PM PDT A new commentary from Fidelity, “Think Global,” notes the fact that many U.S.-listed blue chip companies derive a significant share of their revenues from sales outside our borders. And yet, despite mounting evidence that the economies of Europe and China, the world’s second and third largest, which together account for more than a third of global output, are hitting the skids, stock bulls are apparently maintaining that an alleged recovery in the U.S. economy is what matters. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Starbucks, Green Mountain Caffeinate Bond Posted: 22 Mar 2012 03:58 PM PDT 03/22/12 Starbucks and Green Mountain Coffee Roasters expanded its strategic relationship. Both companies will offer more ways to brew a quick cup of coffee and enjoy a caffeine … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Home Sales Top Off Housing Data Posted: 22 Mar 2012 03:20 PM PDT 03/22/12 After a deluge of US housing data, Friday brings the release of new home sales. Fed speeches will be digested as the week draws to a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BUY NUGT @ $15.55 – Gold 2008 Vs. 2012 Posted: 22 Mar 2012 03:09 PM PDT I seem to have it in my head that gold is possibly making an inverted head and shoulders pattern as was the case following the 2008 C-wave top. With that thought in mind and seeing that the miners are really beat up – to the point that GDX is sitting on the lower boundary of the 17 month old megaphone pattern – I took a position in Direxion Gold Miners Bull 3X ETF (NUGT) at $15.55. The charts that follow are of my NUGT purchase, as well as the 2008 gold inverted head and shoulders and the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Calgon Signs Deal With Phoenix Posted: 22 Mar 2012 02:55 PM PDT Calgon Carbon Corporation (NYSE:CCC) and the City of Phoenix, Arizona penned a ten-year deal to provide reactivation services for activated carbon used for drinking water treatment in Arizona. As per the deal, Calgon Carbon will build a reactivation facility, which will be used to reactivate Phoenix’s spent carbon, in Maricopa County, Arizona. The facility will also cater to two additional cities in Arizona. The value of the transaction will depend on the activated carbon that is annually … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Supplies Snap Growing Trend Posted: 22 Mar 2012 02:55 PM PDT The U.S. Energy Department’s weekly inventory release showed an unexpected decrease in crude inventories – breaking a month-long trend of stock build – on the back of lower imports, while distillate supplies rose after five straight weeks of decline. The agency's bullish report further revealed that gasoline stocks posted a smaller-than-expected draw even as demand continues to be weak. Meanwhile, refinery utilization rate reflected a decrease of 0.5%. The Energy Information … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Terex Partners With Sinomach Posted: 22 Mar 2012 02:30 PM PDT Terex Corporation (NYSE:TEX) has inked an agreement with China-based Sinomach Heavy Industry Corporation to make the latter a strategic partner for its troubled crane business, Sichuan Changjiang Engineering Crane Co. (SCE Crane). Under the deal, Sinomach will own more than 50% of SCE Crane and Terex will offer its overseas distribution and support channels as well as engineering capabilities for the business. Sinomach is a wholly-owned subsidiary of China Machinery Industry Corporation. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Terex Partners With Sinomach Posted: 22 Mar 2012 02:30 PM PDT Terex Corporation (NYSE:TEX) has inked an agreement with China-based Sinomach Heavy Industry Corporation to make the latter a strategic partner for its troubled crane business, Sichuan Changjiang Engineering Crane Co. (SCE Crane). Under the deal, Sinomach will own more than 50% of SCE Crane and Terex will offer its overseas distribution and support channels as well as engineering capabilities for the business. Sinomach is a wholly-owned subsidiary of China Machinery Industry Corporation. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

M&T Bank Stays Neutral Posted: 22 Mar 2012 02:30 PM PDT We have reaffirmed our Neutral recommendation on M&T Bank Corp. (NYSE:MTB) following a detailed analysis of the company's fundamentals and post the Federal Reserve Board’s limited Capital Plan Review. M&T Bank Corp's fourth-quarter 2011 operating earnings of $1.20 per share were way below the Zacks Consensus Estimate of $1.46 and lagged earnings of $1.53 per share in the prior quarter and $1.52 in the year-ago period. An increase in expenses related to the Wilmington Trust acquisition … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chevron, Transocean Face Brazil Ire Posted: 22 Mar 2012 02:20 PM PDT Seventeen executives from U.S. energy behemoth Chevron Corp. (CVX) and offshore drilling giant Transocean Ltd. (RIG) have been slapped with 'environmental crimes' by federal prosecutors in Brazil for an oil leak 74 miles off the coast of Rio de Janeiro in November. The Verdict The filing by Santos de Oliveira, a prosecutor in the oil district of Campos de Goytacazes, requires the employees – that include the chief executives of Chevron and Transocean's Brazilian units – to each pay a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Lehman Revives: Good Days Ahead? Posted: 22 Mar 2012 02:05 PM PDT The Big News: Disgraced investment banking giant Lehman Brothers, which was first in line among the Wall Street's bellwethers to collapse, announced its emergence from bankruptcy earlier this month. The Immediate Question: Is this an indication of strong economic recovery? The Answer (According to us): The collapse of Lehman was the starting point of the recession. On that count, a hopeful mind might believe that its revival should accelerate the pace of economic recovery. However, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Close Lower On Slower China Growth Posted: 22 Mar 2012 09:00 AM PDT 03/22/12 Stocks slid Thursday on continued signs of a weakening economy in China and disappointing data out of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shire To Buy FerroKin BioSciences Posted: 22 Mar 2012 01:55 PM PDT Shire plc (NASDAQ:SHPGY) recently entered into an agreement to acquire FerroKin BioSciences, Inc. As per the terms of the agreement, Shire will make an upfront payment of $100 million and up to $225 million as regulatory, development and commercial milestones upon the achievement of certain pre-specified conditions. FBS0701, the lead pipeline candidate at FerroKin, is a once-daily oral treatment currently in phase II studies for patients with transfusional iron overload. The presence of surplus iron … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Balanced View On Express Scripts Posted: 22 Mar 2012 01:50 PM PDT We continue to have a Neutral recommendation on Express Scripts Inc. (NASDAQ:ESRX) with a target price of $57.00. The company functions under two segments: Pharmacy Benefit Management (PBM) and Emerging Markets (EM). With the intention of growing its PBM business, Express Scripts completed two acquisitions over the past few years. In July 2008, the company acquired the Pharmacy Services Division of Medical Services Company. Medical Services Company was a leader in providing PBM services to clients … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

H-P’s PC & Printer Under One Roof Posted: 22 Mar 2012 01:50 PM PDT In an attempt to restructure its business model, reduce cost and improve efficiency; Hewlett-Packard Company (NYSE:HPQ) has decided to merge its Personal Computer and Printing divisions into one business unit. This is a huge strategic move taken by Meg Whitman after she took over as the CEO of the company. This restructuring might result in some layoffs, which is a cause for concern for some of its employees. Personal computers and printing business are complementary in nature. They have similar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Abbott Unveils Pharma Co. Name Posted: 22 Mar 2012 01:40 PM PDT Abbott Labs (NYSE:ABT) recently zeroed in on a name for its research-based pharmaceutical company that will be launched later this year. Abbott Labs has decided to name the pharma co. AbbVie, which is a combination of Abbott and vie (Latin for life). Abbott Labs had first announced its intention to split into two separate publicly traded companies in October 2011. While one company will deal in diversified medical products, the other will focus on research-based pharmaceuticals. The diversified … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Valdes: “Markets Not Moving…stuck In Void” Posted: 22 Mar 2012 01:32 PM PDT 03/22/12 DME Securities’ Alan Valdes weighs in on the lack of volume and conviction in the equity markets, and discusses the latest global economic data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mechel Installs New Furnace Posted: 22 Mar 2012 01:25 PM PDT Russian mining company Mechel OAO (NYSE:MTL) announced that it has installed a ferroalloy electric furnace and conducted the first smelting of ferrosilicon in order to renovate its ferroalloys division's Bratsk Ferroalloy Plant. The electric furnace will supply four furnaces, each having a capacity of 33 mega volt-amperes (MVA) while replacing the existing furnaces with a capacity of 25 MVA each. The reconstruction of the plant was started in late 2010 and is scheduled to be completed by 2013. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Caterpillar Expands In China Posted: 22 Mar 2012 01:15 PM PDT Caterpillar Inc. (NYSE:CAT) is yet again on an expansion drive in China. This time around, it is the manufacturing facility in Xuzhou, China, which would augment hydraulic excavator production at Caterpillar Xuzhou Limited ("CXL") by a substantial 80%. The capacity expansion project is subject to certain government agreements and approvals and is slated for completion in 2016. However, the first wheel excavator in Xuzhou is expected earlier in the first quarter of 2014. Production of wheeled … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meritor Upgraded To Neutral Posted: 22 Mar 2012 01:05 PM PDT We have upgraded the long-term recommendation (more than 6 months) on the shares of Meritor Inc. (MTOR) from Underperform to Neutral based on its expanding global footprint, intensive focus on research and development, improved results and a promising earnings outlook. Meritor intends to win significant business propositions from original equipment manufacturers (OEMs) in low-cost countries across Asia and South America. The company aims to achieve $1 billion in Asian revenues in 5 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avis Budget Downgraded Posted: 22 Mar 2012 12:50 PM PDT Following a dismal fourth-quarter 2011 bottom-line performance by the leading general-use vehicle rental company, Avis Budget Group Inc. (NYSE:CAR), we have revised our long-term rating on the stock. We have downgraded our long-term recommendation on Avis Budget to Neutral from Outperform after the company's fourth-quarter 2011 net loss widened more than two folds to 14 cents per share from the prior-period. The increase in quarterly loss was primarily due to increased financing costs resulting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Replagal BLA Withdrawn By Shire Posted: 22 Mar 2012 12:35 PM PDT Shire plc (NASDAQ:SHPGY) recently announced that it has withdrawn its US marketing application for Replagal. Shire had submitted the Biologics License Application (BLA) for Replagal with the US Food and Drug Administration (FDA) in November 2011 and was hoping for a speedy approval. However, after discussions with the FDA, the company realized that an outright approval was not coming through and the FDA would ask for additional controlled trials. Additional trials would increase the expenses and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Positive Data From Genomic Health Posted: 22 Mar 2012 12:20 PM PDT Genomic Health (NASDAQ:GHDX) recently announced positive data from three new studies of its flagship product Bracanalysis. The studies evaluated cost effectiveness of the test within the healthcare systems of Germany and Hungary. Another study from Israel dealt with the significance of the test on deciding treatment decisions in early-stage invasive breast cancer patients with lymph-node positive status. The company will present these data at a breast cancer conference, currently underway in Vienna, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Boeing Dreamliner Gets FAA Approval Posted: 22 Mar 2012 12:05 PM PDT The Boeing Company (NYSE:BA) announced that it received an amended type certificate from the U.S. Federal Aviation Administration or FAA for the 787-8 Dreamliner equipped with General Electric Company's (NYSE:GE) GEnx (General Electric Next-generation) engines. The General Electric GEnx engine is an advanced dual rotor, axial flow, high-bypass turbofan jet engine for Boeing airplanes. The amended type certificate from the FAA formally recognizes that the 787 with GE engines has demonstrated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Economist On The Street – Global Slowdown Vs. US Data Posted: 22 Mar 2012 11:10 AM PDT 03/22/12 Meridian Equity Partners’ Stephen Guilfoyle discusses global fundamentals on the heels of weak global PMI data and better-than-expected US data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Friday, March 23, 2012 Posted: 22 Mar 2012 05:33 AM PDT By ForexMansion.com The Trend Trader for ETFs For Trading On Friday, March 23, 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 109.45 + 0.09 109.24 109.60 Neutral BND – Vanguard Total Bond Market ETF 83.01 + 0.14 82.84 83.06 Neutral DBC – DB Commodity Index Tracking Fd 28.87 − 0.79 29.05 29.39 Bearish DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Friday, March 23, 2012 Posted: 22 Mar 2012 05:33 AM PDT By ForexMansion.com The Trend Trader for Futures For Trading On Friday, March 23, 2012 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Jun ESM2 1389.00 − 0.61 1396.28 1386.42 Neutral Dow Jones – Jun YMM2 13001 − 0.50 13072 13067 Bearish Nasdaq – Jun NQM2 2731.25 − 0.15 2731.33 2686.58 Neutral Russell – Jun TFM2 818.70 − 0.73 824.31 820.87 Bearish INTEREST RATES US T-Bond – Jun ZBM2 137-02 + … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Friday, March 23, 2012 Posted: 22 Mar 2012 05:33 AM PDT By ForexMansion.com The Trend Trader for Forex For Trading On Friday, March 23, 2012 THE BIG SIX Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AUDUSD – Aust Dollar / US Dollar 1.0388 − 0.67 1.0463 1.0536 Bearish EURUSD – Euro / US Dollar 1.3199 − 0.13 1.3212 1.3123 Neutral GBPUSD – British Pound / US Dollar 1.5819 − 0.33 1.5853 1.5769 Neutral USDCAD – US Dollar / Canadian Dollar 0.9986 + 0.67 0.9931 0.9914 Bullish USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Friday, March 23, 2012 Posted: 22 Mar 2012 05:33 AM PDT By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Friday, March 23, 2012 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 10.01 − 2.53 10.26 10.32 Bearish AXP – American Express Company 57.29 + 0.42 57.05 55.48 Bullish BA – Boeing Co 73.92 − 1.45 74.70 74.74 Bearish BAC – Bank of America Corporation 9.60 − 2.24 9.76 9.17 Neutral CAT – Caterpillar Inc 106.43 − … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Great Reason To Be Investing Posted: 21 Mar 2012 10:00 PM PDT Quick poll: You received a $500 windfall. Do you add the extra dough to your IRA or buy the new iPad? While three million consumers seem to have already made that decision, perhaps the "iPod index" may change your mind. A year ago, I illustrated the power of investing by comparing buying the company's products versus owning Apple stock. The idea came from UC Berkeley graduate Kyle Conroy whose blog was picked up by The New York Times. Kyle listed the price of Apple products over the years … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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