Wednesday, April 4, 2012

DailyMarkets.com - Euro Falls Following ECB As U.S. Dollar, Japanese Yen Strengthen

DailyMarkets.com - Euro Falls Following ECB As U.S. Dollar, Japanese Yen Strengthen


Euro Falls Following ECB As U.S. Dollar, Japanese Yen Strengthen

Posted: 04 Apr 2012 06:48 AM PDT

Fundamental Headlines
- Romney Sweeps Three Primaries to Keep Lead over Santorum – Bloomberg
- Stocks, Commodities Drop on Fed Minutes, Spanish Auction – Bloomberg
- ECB Holds Rates to Balance Inflation, Recession Fears – Reuters
- ADP: 209,000 Jobs Added – WSJ
- Spanish Bond Sale Fizzles – WSJ
European Session Summary
There was a significant amount of data out in the overnight but little market reaction was observed given the small magnitude of the releases; "quantity over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cocoa Prices Weak Despite Crop Concerns

Posted: 04 Apr 2012 06:22 AM PDT

Wednesday, April 4, 2012
Though the near-term trend favors lower prices, there appears to be good chart support between the 2025 and 2050 basis the July futures. Some traders who are moderately bearish on the Cocoa market may wish to consider exploring buying a put ratio spread in Cocoa futures options. For example, with July Cocoa trading at 2205 as of this writing, the July 2200 puts could be bought and 3 2000 puts sold for a net credit of 1, or $10 per spread, not including commissions. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Worth A Thousand Words….

Posted: 04 Apr 2012 06:17 AM PDT

Too good not to share…. via Cafe … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Kudos To Peter Schweizer

Posted: 04 Apr 2012 05:33 AM PDT

Last November, Hoover Institution research fellow and author Peter Schweizer released his latest book “Throw Them All Out,” documenting how members of Congress and their friends “get rich off insider stock tips, land deals, and cronyism that would send the rest of us to prison.”  The book inspired a CBS News “60 Minutes” segment highlighting congressional insider trading.

Today, as a direct result of that expose’…..

WASHINGTON, April 4 (UPI) – “U.S. lawmakers must obey … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Marc Faber’s ‘Sense On Cents’

Posted: 04 Apr 2012 03:53 AM PDT

Marc Faber is commonly referred to as Dr. Doom for his fatalistic outlooks on the economy and markets. I personally would not call him that. I would designate him as Dr. Truth.
In a recent Bloomberg interview, he offered a wealth of fabulous insights including:
1. the market is certainly no longer oversold and if anything is overbought and market technicals are deteriorating.
2. earnings will disappoint as profit margins are squeezed.
3. cost pressures within raw materials and especially energy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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