Wednesday, April 4, 2012

DailyMarkets.com - Crude Oil, Gold Prices Fall As Fed Meeting Minutes Sink QE3 Hopes

DailyMarkets.com - Crude Oil, Gold Prices Fall As Fed Meeting Minutes Sink QE3 Hopes


Crude Oil, Gold Prices Fall As Fed Meeting Minutes Sink QE3 Hopes

Posted: 04 Apr 2012 02:30 AM PDT

Talking Points

Crude Oil, Copper to Follow Stocks Lower Amid Market-Wide Risk Aversion
Gold and Silver Sold as Evaporating QE3 Bets Derail Store-of-Value Demand

Commodity prices are sinking as risk aversion grips financial markets after a relatively hawkish set of FOMC meeting minutes damped hopes that additional Fed stimulus would amplify demand in the world's top economy, helping to offset headwinds facing global growth from a widely expected recession in the Eurozone this year. Business … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Watchlist For Wednesday, April 04

Posted: 04 Apr 2012 12:57 AM PDT

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Level 3 Communications, Inc.(NASDAQ:LVLT) stock is building a nice flag, holding above 20 day SMA. Watching for 26.7 breakout.

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Macy’s, Inc. (NYSE:M) surged 1.69% to 40.89 breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with MACD on top of signal line and 50-day moving average on top of 200-day moving … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


North Dakota: America’s “Economic Miracle State”

Posted: 03 Apr 2012 06:44 PM PDT

The Philadelphia Federal Reserve released February Coincident Economic Activity Indexes today for all 50 states along with a national coincident index, based on four economic indicators: a) nonfarm payroll employment, b) the unemployment rate, c) average hours worked in manufacturing, and d) wages and salaries.  The chart above displays the indexes for North Dakota and the United States over the last ten years, showing that the economic activity in North Dakota is completely “off the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Choice In 2012: Social Darwinism Or A Decent Society

Posted: 03 Apr 2012 05:38 PM PDT

The returns aren't all in yet on today's Republican primaries but President Obama didn't wait. He kicked off his 2012 campaign against Mitt Romney with a hard-hitting speech centered on the House Republicans' budget plan – which Romney has enthusiastically endorsed.
That plan, by the way, is the most radical reverse-Robin Hood proposal propounded by any political party in modern America. It would save millionaires at least $150,000 a year in taxes while gutting Medicaid, Medicare, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


America Has Come To This

Posted: 03 Apr 2012 12:23 AM PDT

Despite my recent bullishness, I recognize that the United States has experienced a very anemic economic recovery. Here are a couple of anecdotal data points that show how difficult the recovery has been.

First, the Washington Post reported that senior citizens continue to bear the burden of student loans.
New research from the Federal Reserve Bank of New York shows that Americans 60 and older still owe about $36 billion in student loans, providing a rare window into the dynamics of student … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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