Thursday, May 31, 2012

DailyMarkets.com - Aussie Rallies As US Dollar Sells Off Across Board Ahead Of ADP, GDP

DailyMarkets.com - Aussie Rallies As US Dollar Sells Off Across Board Ahead Of ADP, GDP


Aussie Rallies As US Dollar Sells Off Across Board Ahead Of ADP, GDP

Posted: 31 May 2012 02:43 AM PDT

Fundamental Headlines
- Draghi says ECB Will Continue Lending to Solvent Banks – Bloomberg
- French Consumer Spending Gains as Election Spurs Optimism – Bloomberg
- EU Throws Spain Two Potential Lifelines – Reuters
- Europe Woes Ignite Selloff – WSJ
- Europe Looks to Share Bank Burden – WSJ
Asian Session Summary
The selloff that started ahead of the US cash equity open on Wednesday continued throughout the day, leading to a continuation in the early hours of Asian trading on Thursday. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Crude Oil, Gold Rise As Risk Appetite Stages Cautious Recovery

Posted: 31 May 2012 01:50 AM PDT

Talking Points

Crude Oil, Copper Aiming Higher as Risk Appetite Stages Cautious Recovery
Gold and Silver Find Support in Waning Safe Haven Demand for US Dollar

Commodity prices are edging higher as risk appetite cautiously recovers in early European trade. Sentiment-linked crude oil and copper prices are following stocks higher, while ebbing haven demand for the US Dollar is offering support to the anti-fiat gold and silver.
The chipper mood appears linked to optimism ahead of today's Irish … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Momentum Stock: Myers Industries Inc.

Posted: 30 May 2012 11:08 PM PDT

Myers Industries Inc. (NYSE:MYE) has put together strong operating performances for six consecutive quarters, and its stock price is now hovering near its 52-week high. Shares of this polymer products company have increased 33% year to date.
Furthermore, MYE became a Zacks #1 Rank (Strong Buy) on April 24, five days after reporting its first quarter results.
First Quarter EPS Soars
Myers Industries posted first-quarter 2012 earnings of 30 cents per share on April 19, which beat the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Growth & Income Stock: PPG Industries

Posted: 30 May 2012 11:08 PM PDT

PPG Industries (NYSE:PPG) recently delivered its 7th consecutive quarter of record earnings, prompting a flurry of positive estimate revisions from analysts.
It is a Zacks #1 Rank (Strong Buy) stock.
Based on current consensus estimates, analysts expect double-digit EPS growth from PPG over the next few years. On top of this, the company pays a dividend that yields a solid 2.3%. It has paid a remarkable 455 consecutive quarterly dividend payments.
Company Description
PPG Industries is a leading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Aggressive Growth Stock: Toll Brothers

Posted: 30 May 2012 11:07 PM PDT

Toll Brothers (TOL) is coming off a strong positive earnings surprise and is a Zacks #1 Rank (Strong Buy).
Company Description
Toll Brothers designs, builds and arranges financing for single- family detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into luxury homes. In addition, the company develops, owns, and operates golf courses and country clubs associated with various planned communities, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bear Of The Day: ConocoPhillips (COP)

Posted: 30 May 2012 11:07 PM PDT

We are downgrading our recommendation for ConocoPhillips (NYSE:COP) to Underperform from Neutral, reflecting lackluster first quarter results on account of lower production volume. The company’s performance in the coming months is expected to be weighed down by unpredictable global economic conditions, erratic supply/demand fundamentals of oil and gas, and international business risks.
Furthermore, the company’s future earnings will be decided by execution capability on the recently concluded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bull Of The Day: Toyota Motor Corp.

Posted: 30 May 2012 11:07 PM PDT

Toyota Motor Corp. (NYSE:TM) continues to play a pivotal role in the global market for fuel-efficient and environment-friendly vehicles. It also expects to benefit from its cost reduction measures and continued focus on the emerging markets.
However, the company reported a 30.5% drop in profits to Y283.56 billion ($3.7 billion) or Y90.20 ($1.17) per share, and a 2% dip in revenues to ?18.58 trillion ($241.59 billion) in fiscal 2012. For fiscal 2013, it expects higher consolidated revenues of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


A Diabolical Mix: U.S. Wages And European Austerity

Posted: 30 May 2012 07:04 PM PDT

What if Europe and the US converged on a set of economic policies that brought out the worst in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gas Drops To $3 Per Gallon In South Carolina

Posted: 30 May 2012 06:48 PM PDT

Damn those greedy oil speculators, they’ve driven gas prices down to $3 per gallon in South Carolina. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Prosperity Update For Eagle Ford Texas

Posted: 30 May 2012 06:22 PM PDT

1. Fuel Fix — “Robust drilling activity in the Eagle Ford Shale is rescuing the state's lodging sector. San Antonio-based Source Strategies says in its newest Hotel Brand Report that hotels in the counties with the most oil-and-gas production were responsible for 75% of the $151.3 million in additional revenues hotels produced statewide between the first quarter 2011 and the first quarter this year. That occurred even though those oil-and-gas-rich areas account for only 38% of the 395,100 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: Belgian Soccer Fans For Sale On EBay To Root For Your Country In Euro 2012

Posted: 30 May 2012 05:58 PM PDT

Listed on Ebay (current bid approx. $445 with 7 days left):

“Once again we Belgians have no team to root for at the Euro 2012 soccer championship. Since tournaments are much more fun when you have a favorite team, we decided to put our fandom for sale on eBay.  All profits will be sent directly to Unicef. 

What is for sale: During Euro 2012, all members of this Facebook Group will root for the national soccer team of the highest bidder, or the national team of his choice. Even if … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What Are Binary Options Trading And How Do They Work?

Posted: 30 May 2012 02:10 PM PDT

By ForexMansion.com
A Binary options trading is the most exciting way of trading. You can make a substantial return on your investment in a very short time. Binary options trading can be defined as a high risk trading option that the investor trades with assets such as currencies, commodities and stocks in a short time hoping that the value of the assets will raise before the expiration of the contract. A trader is said to be in a contract after buying the asset until the asset matures or the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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