DailyMarkets.com - BUY CGR @ $0.89

BUY CGR @ $0.89
Spotify App Descends Upon IPads
US Jobless Claims, ECB Decision On Tap
Four Hot Stocks To Watch Tomorrow
Hot Option Plays: Respect The Volatility
Transaction Volume Jump Lifts Mastercard’s 1Q Profit
‘We Are Not Doing Very Well’
One Day After Strong Gains, Stocks Close Flat, Stocks Close
Tire Tariffs Cost $1B And $900k Per Job In 2011
BlackBerry 10 Unveiled, B&N Offers Mother’s Day Discount
Population Distribution By Age, 1950-2050
Shale Revolution Links
Cleveland Fed Estimate Of 10-Yr. Inflation: 1.47%
Social Security Vs. Private Retirement
The Trend Trader For ETF Trading On Thursday, May 3, 2012
The Trend Trader For Futures Trading On Thursday, May 3, 2012
The Trend Trader For Forex Trading On Thursday, May 3, 2012
The Trend Trader For Stock Trading On Thursday, May 3, 2012

Posted: 02 May 2012 04:51 PM PDT

It looks like Direxion’s Gold Miner Bull 3X ETF (NUGT) closed nearly 7% lower today than my sales price yesterday and that I was very fortunate to avoid that draw-down today.

Looking at the True Strength Index (TSI) yesterday using the (7,4) setting I noticed that the TSI slope on gold (/GC) appeared to have temporarily topped and the stock market (/ES) TSI slope had flattened. Today both of these metrics indeed turned lower and NUGT deflated as I feared may happen.

Turning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Spotify App Descends Upon IPads

Posted: 02 May 2012 03:58 PM PDT

05/02/12 The widely anticipated Spotify iPad app is finally available in the Apple iTunes store. The streaming music service sports new features that just may convince some subscribers to upgrade to the premium … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Jobless Claims, ECB Decision On Tap

Posted: 02 May 2012 03:20 PM PDT

05/02/12 Thursday’s global economic calendar will be jam-packed. US initial jobless claims, the ECB rate decision and the bond auctions in Spain and France are amongst the key … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Four Hot Stocks To Watch Tomorrow

Posted: 02 May 2012 02:46 PM PDT

( click to enlarge )

Shares of Sequenom, Inc. (NASDAQ:SQNM) surged 4.58% to $5.36 per share continuing the rally which begins earlier this month. The stock closed at the highs of the day and I’m expecting another move higher tomorrow. The technical chart shows the stock is in a strong short term bull market with 20 day moving average on top over 50 day moving average and MACD is still above signal line. In addition, the on Balance Volume is in an upward trend it basically shows that the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Respect The Volatility

Posted: 02 May 2012 02:45 PM PDT

Cusick’s Corner 05-02-2012
Data was not good but the longs held up into the After Hours. For some premium sellers this might have been a good day, by day’s end the volatility that was elevated in the morning came out into the close. Watching earnings go past, Green Mountain (NASDAQ:GMCR) missed and earlier I looked at the weekly options and determined that the overall options marketplace was pricing in an Estimated Move of $7 and the stock closed at $49.52. The stock is now down in extended hours … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Transaction Volume Jump Lifts Mastercard’s 1Q Profit

Posted: 02 May 2012 09:00 AM PDT

05/02/12 Payment processing network Mastercard reported a 21% first-quarter profit increase as consumers shifted from cash to card … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

‘We Are Not Doing Very Well’

Posted: 02 May 2012 01:51 PM PDT

In “NBER’s Martin Feldstein Bashes The Deplorable US Economy, Says Bernanke Has Engineered Another Stock Bubble,” Zero Hedge highlights some less-than-upbeat commentary from a Bloomberg TV interview with economist Martin Feldstein:
Feldstein on the U.S. economy:
“We are not doing very well. The economy is just coming along at a snail’s pace. The first quarter numbers that we just got last week were not very good at all. The GDP number was 2.2%. That was a disappointment, but you know, it was … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

One Day After Strong Gains, Stocks Close Flat, Stocks Close

Posted: 02 May 2012 08:30 AM PDT

05/02/12 After closing at its highest level in more than 4 years yesterday, the Big Board was trading flat ahead of the close Wednesday but gains were limited on disappointing economic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tire Tariffs Cost $1B And $900k Per Job In 2011

Posted: 02 May 2012 01:03 PM PDT

From the introduction of the research article “US Tire Tariffs: Saving Few Jobs at High Cost” by Gary Clyde Hufbauer and Sean Lowry of the Peterson Institute for International Economics (emphasis mine):

“In his 2012 State of the Union address, President Obama claimed that "over a thousand Americans are working today because we stopped a surge in Chinese tires." The tire tariff case, decided by the president in September 2009, exemplifies his efforts to get China to "play by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BlackBerry 10 Unveiled, B&N Offers Mother’s Day Discount

Posted: 02 May 2012 12:10 PM PDT

05/02/12 RIM debuted its Blackberry 10 mobile OS at the BlackBerry World conference. Barnes & Noble is offering a Mother’s Day discount on some of its Nook … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Population Distribution By Age, 1950-2050

Posted: 02 May 2012 12:03 PM PDT

Click for larger image and higher quality.

Watch the U.S. “population distribution by age” change over time in 5-year intervals from 1950 to 2050 in the animated graphic above, from the Calculated Risk blog. At around the year 2035, the age distribution will make it obvious why the Social Security System is headed for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shale Revolution Links

Posted: 02 May 2012 11:44 AM PDT

1. The Ukraine has fields of shale rocks that the U.S. Geological Survey estimates will hold enough gas to fire the eastern European nation for 100 years or more. Royal Dutch Shell, Exxon Mobil, and Chevron — three of the world's four largest oil companies — bid last week for Ukrainian exploration rights.

2. Royal Dutch Shell is in the preliminary stages of feasibility and design work on a potentially huge, $10 billion, 2 million gallon per day Gas-to-Liquids (GTL) facility in Louisiana, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cleveland Fed Estimate Of 10-Yr. Inflation: 1.47%

Posted: 02 May 2012 11:17 AM PDT

The Cleveland Fed reported back in mid-April that its latest estimate of 10-year expected inflation remains low, at only 1.47% for April, see chart above. In other words, the public currently expects the inflation rate to be less than 2% on average over the next decade. Still no sign at all of any pending inflationary pressures according to this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Social Security Vs. Private Retirement

Posted: 02 May 2012 10:53 AM PDT

In the video above from LearnLiberty.org Professor Antony Davies points out that even a retirement plan that forced workers to invest their Social Security payroll taxes only in Treasury bills would generate 17% more in retirement benefits than the current system, which is also subject to change by Congress at any time. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards