Tuesday, May 22, 2012

DailyMarkets.com - Gallup: U.S. Economic Confidence Hits New High

DailyMarkets.com - Gallup: U.S. Economic Confidence Hits New High

Gallup: U.S. Economic Confidence Hits New High

Posted: 22 May 2012 05:18 PM PDT

PRINCETON, NJ — “The Gallup Economic Confidence Index broke through a barrier last week, surpassing -17 for the first time in the four-plus years of Gallup Daily tracking in the United States. The index now stands at -16 for the week ending May 20, up from -18 in each of the prior two weeks in May, and from -21 in late April.

“The weekly Gallup Economic Confidence Index is an average of two components of consumers’ psychology: Americans’ ratings of current economic conditions and their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quote Of The Day: Opening The Floodgates

Posted: 22 May 2012 05:03 PM PDT

I think most college professors would agree with this quote from Jerry Bowyer, Forbes contributor:

“There has been a severe contraction in the quality of higher education in America. Did we really think we could open the floodgates and not affect the quality of graduates? Can you turn college into the new high school, and not get high school-like results?  Grade inflation will only keep the problem concealed for so long before the general public becomes aware that outside of a few highly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Digital Realty Leases In Paris

Posted: 22 May 2012 04:07 PM PDT

Digital Realty Trust Inc. (NYSE:DLR), a niche real estate investment trust (REIT), has recently signed a new long-term agreement with Ecritel, a provider of internet hosting and managed services for businesses, to lease its datacenter facility in Paris for an undisclosed amount.
With the deal, Ecritel is expected to better manage the increase in demand for its Infrastructure-as-a-Service (IaaS) solutions without building datacenter facilities on its own, as clients continue to migrate huge volume … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cable Companies To Offer Free WiFi Roaming

Posted: 22 May 2012 03:58 PM PDT

05/22/12 The major cable companies plan to expand free WiFi coverage throughout the metropolitan areas. The joint effort will be cheered by consumers who consume excessive data on smartphone and tablet … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Xerox Forms Alliance With CHOICE

Posted: 22 May 2012 03:48 PM PDT

Office automation and equipments major Xerox Corporation (NYSE:XRX) recently announced that it has forged an alliance with CHOICE Administrators Exchange Solutions for providing broad and secure cloud-based Health Insurance Exchange (HIX) solution. The alliance will be offering the service across 50 states.
CHOICE will provide the framework of the HIX Solution Suite, a could-based platform that helps participants in making informed enrollment decisions and also provides their sponsoring employers … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sunoco Upgraded To Neutral

Posted: 22 May 2012 03:48 PM PDT

Following the proposed acquisition of downstream operator Sunoco Inc. (NYSE:SUN) by natural gas pipeline operator Energy Transfer Partners L.P. (NYSE:ETP), we have upgraded the former's shares to Neutral from Underperform. We believe that through the $5.3 billion transaction – which provides an attractive premium to Sunoco shareholders – the company has been able to extract maximum value from its remaining assets.
(Read our full coverage on Energy Transfer's planned acquisition of Sunoco: … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sealed Air To Underperform

Posted: 22 May 2012 03:27 PM PDT

We have recently downgraded our recommendation on Sealed Air Corporation (NYSE:SEE) from Neutral to Underperform. The quantitative Zacks #5 Rank (short-term Strong Sell rating) for the company indicates strong downward pressure on the stock over the near term.
Sealed Air's first-quarter 2012 adjusted net earnings dropped 47% to 18 cents per share, missing the Zacks Consensus Estimate of 21 cents. However, total revenues increased 70% year over year to $1.92 billion, beating the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

New Client For Equinix

Posted: 22 May 2012 03:27 PM PDT

Data center major Equinix Inc. (NASDAQ:EQIX) is on a roll. The company has been winning new deals at regular intervals. One of the most recent wins is a deal from a well known Russian telecommunication operator CJSC TransTeleCom (Company TTK).
As per the terms of the agreement, the company will deploy a new core network node in Tokyo and a series of high-capacity Internet and Ethernet exchange connections in Tokyo, Hong Kong, Silicon Valley, Ashburn, London, Amsterdam and Frankfurt. This new tie up, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EU Summit, US Housing Highlight Midweek Calendar

Posted: 22 May 2012 03:20 PM PDT

05/22/12 The informal meeting of EU leaders in Brussels will closely monitored. More US housing data will be released, along with EIA oil inventory … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GM Opel To Present Business Plan

Posted: 22 May 2012 03:08 PM PDT

The management of General Motors Company's (NYSE:GM) European arm, Opel, will present a business plan to its supervisory board late June regarding its operations. The unit is under pressure from its parent company to mitigate continuous losses.
Opel is also in a dilemma about closing its factory in Bochum. The plant, located in the Ruhr region, has been devastated by coal mine closures. It is likely to shut after the company decided to manufacture the next generation of its popular Astra compact … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Scorecard: Target

Posted: 22 May 2012 03:08 PM PDT

Target Corporation (NYSE:TGT), the operator of general merchandise and food discount stores in the United States, posted its first-quarter 2012 results on May 16. Here we will discuss the company's scorecard based on the recent earnings announcement, subsequent estimate revisions by analysts as well as the Zacks Rank and long-term recommendation for the stock.
Last Quarter Synopsis
Minneapolis, Minnesota based company, Target, posted better-than-expected first quarter results on the backs of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A.M. Best Rates Berkshire Units

Posted: 22 May 2012 03:07 PM PDT

Rating agency A.M. Best Co. undertook a rating action on a number of subsidiaries of Berkshire Hathaway Inc. (BRK.A) (BRK.B). The rating agency affirmed the financial strength rating (FSR) and issuer credit ratings (ICR) of A++ and "aaa" respectively of National Indemnity Corporation. 
It also affirmed ICR of "bbb-" and debt rating of "bbb-" on Finial Holdings Inc., FSR of A- and ICR of "a-" of Finial Reinsurance Company, and FSR of A++ and ICR of "aa+" of Berkshire … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Toll Brothers

Posted: 22 May 2012 02:48 PM PDT

Homebuilder Toll Brothers, Inc. (NYSE:TOL) is set to unveil its second quarter 2012 results on May 23, 2012, before the start of trading. The Zacks Consensus Estimate for the second quarter is 4 cents per share on revenues of $379 million (year-over-year increase of 18.4%).
First Quarter Recap
Toll Brothers recorded a loss of $2.8 million or 2 cents per share in the first quarter of fiscal 2012 ended January 31, 2012 compared with a profit of $3.4 million or 2 cents per share in the same quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Prologis To Develop E-Commerce Hub

Posted: 22 May 2012 02:48 PM PDT

With increasing demand for modern distribution facilities, Prologis Inc. (NYSE:PLD), a leading industrial real estate investment trust (REIT), has recently signed a build-to-suit agreement to construct a new e-commerce distribution hub spanning 473,000 square feet in Osaka, Japan. The deal was penned with MonotaRO Co., Ltd. – one of the premier online industrial tool retailers in Japan.
Prologis will start construction on the proposed hub in November 2012 and expect to wind it up by September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

EMC Fortifies With Syncplicity Buy

Posted: 22 May 2012 02:48 PM PDT

In order to expand its cloud-based storage services, EMC Inc. (NYSE:EMC) has acquired Syncplicity, a privately-held SaaS provider. Though the financial details of the deal were not disclosed, it was stated that the acquired company would be integrated with EMC's Information Intelligence Group.
Based in California, Syncplicity offers cloud-based file management and storage systems that let users access and synchronize files and use applications through multiple devices without undermining the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Comcast To Launch X1 Video Service

Posted: 22 May 2012 02:48 PM PDT

Comcast Corporation (NASDAQ:CMCSA), the largest cable MSO in the U.S., announced that it will launch its new cloud-based smart TV service – X1 – in Boston. We see the company's rollout of this service as an attempt to improve its declining video customer base.         
Comcast's new X1 service is the result of the company's efforts to introduce innovative products to the market using the IP technology. The main features of X1 service include the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: NetApp Inc.

Posted: 22 May 2012 02:32 PM PDT

NetApp Inc. (NASDAQ:NTAP) is scheduled to announce its fourth quarter 2012 results on May 23, 2012. We see some upward movement in analyst estimates over the past 7 days.
Third Quarter Overview
NetApp reported modest third quarter 2012 numbers, with earnings per share (EPS) of 41 cents missing the Zacks Consensus Estimate by 3 cents.
Revenue grew 21.4% from the year-ago quarter to $1.57 billion. The revenue was within the company's guidance and modestly above the Zacks Consensus Estimate of $1.563 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FDIC Chases Big Banks

Posted: 22 May 2012 02:32 PM PDT

Litigation issues related to mortgage securities seem far from over for the Wall Street big shots. Now, according to a Wall Street Journal report, the Federal Deposit Insurance Corp. ("FDIC") is chasing a number of banks including Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM) over the sale of mortgage securities that were issued by these institutions and purchased by two failed banks, which were subsequently taken into custody by the Federal body … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wednesday’s Stocks To Watch, May 23 2012

Posted: 22 May 2012 02:15 PM PDT

( click to enlarge )

Akorn, Inc. (NASDAQ:AKRX) tried to breakout today again after yesterday’s breakout but failed to close near the highs. The stock pulled back during the day, however still closed higher than the high of the previous session, which is bullish to me. Lets see how this trades tomorrow.

 ( click to enlarge )

Bought Pharmacyclics, Inc. (NASDAQ:PCYC) on Monday after a nice breakout. Today’s action followed through nicely as this stock was up 4.5%. The technical chart show a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What Do The States That Have Recovered Jobs The Fastest Have In Common? Booming Energy Sectors

Posted: 22 May 2012 02:14 PM PDT

How long will it take before a state’s employment level returns to pre-recession peak?

The state map is featured in this U.S. News and World Report article “North Dakota, Alaska Job Markets Fueled By Oil And Gas Boom,” and indicates how long it will take before the number of jobs in a state returns to the pre-recession peak level.  Alaska and North Dakota both completely recovered from the effects of the recession by early 2010, and have current employment levels of 3% and 14% above … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nordstrom Pinned To Neutral

Posted: 22 May 2012 02:13 PM PDT

We maintain our Neutral recommendation on Nordstrom Inc. (NYSE:JWN), a leading fashion specialty retailer in the United States, with a target price of $51 per share.
Our view is based on the company's strong line up of globally recognized brands catering primarily to the upscale segment, enabling Nordstrom to generate high margin revenue. However, we remain on the sidelines due to the first-quarter earnings miss, intense competition and exposure to seasonal fluctuations. Nevertheless, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nasdaq To Rectify IPO Hiccups

Posted: 22 May 2012 02:12 PM PDT

Following the problems encountered during the recent initial public offering (IPO) of Facebook Inc. (FB) last Friday, Nasdaq OMX Group Inc (NASDAQ:NDAQ) has decided to alter the regulatory procedures carried out during an IPO, as per media releases. This is important because an interruption like this in a computer-driven platform weakens the confidence of investors.
Nasdaq believes that some effective alterations in the IPO procedures would do away with the problems, which delayed the much awaited … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Monsanto Retains Neutral Rec

Posted: 22 May 2012 01:53 PM PDT

We are maintaining our Neutral recommendation on Monsanto Company (NYSE:MON).
We remain concerned regarding the rising cost of production, resulting from a competitive business environment with numerous agrichemical and seed marketers.
To survive such a competitive environment, Monsanto focuses on research and developmental activities which involve huge investments, governmental permits and massive amounts of time. However, there are positive flipsides for such R&D investments as well.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Omnicell Maintained At Neutral

Posted: 22 May 2012 01:53 PM PDT

We have recently reiterated our Neutral recommendation on Omnicell (NASDAQ:OMCL) with a target price of $15.00.
Omnicell reported an EPS of 7 cents in the first quarter of fiscal 2012, beating both the Zacks Consensus Estimate of 6 cents as well as the year-ago EPS of 5 cents. However, including $1.0 million in pre-tax settlement expense related to litigation claims in the year-ago period, adjusted EPS came in at 4 cents for the first quarter of 2011. Reported earnings increased 75% on a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good News At Western Digital

Posted: 22 May 2012 01:53 PM PDT

Hard disk drive (HDD) manufacturer Western Digital Corp. (NYSE:WDC) recently announced that it will be buying back additional shares worth $1.5 billion as per board authorization. Western Digital ("WD") will make the repurchase immediately.
The authorization is for a time period of 5 years. The shares will be repurchased from the open market and the amount of purchase will depend on market conditions and corporate considerations.
WD's intention of buying back shares could not be surmised … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Different Light

Posted: 22 May 2012 01:49 PM PDT

One unspoken but key assumption of those who foresee a return to economic normalcy — which many seem to believe is already underway — is that the behavioral patterns that emerged in the wake of the worst financial crisis this century would invariably be shed in favor of old (bad) habits.
But as has often been the case since things first began to unravel, what the so-called experts have said will (or won’t) happen has proved to be little more than wishful thinking. In reality, more and more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Steady End To A Volatile Day

Posted: 22 May 2012 01:45 PM PDT

05/22/12 US stocks erased early gains on a day spent mostly in positive territory as worries resurfaced about potential European … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Analyst Interviews: Homebuilding Stock Review & Outlook

Posted: 22 May 2012 01:38 PM PDT

With a gradual recovery in the overall economy, the homebuilding industry is finally seeing signs of stabilization in 2012. The downturn during 2006-2007 had hIt the homebuilding sector hard.

We believe that the housing market is starting to benefit from an increase in employment rates and higher consumer confidence. Houses are more affordable now as mortgage loans come with relatively low interest rates while renting becomes more expensive.

Thus, most homebuilding companies are witnessing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

OGE To Offset Uprates With Cost Cut

Posted: 22 May 2012 01:38 PM PDT

Oklahoma Gas and Electric Company, a subsidiary of OGE Energy Corporation (NYSE:OGE), has planned to execute an interim annual rate increase of $24 million with the new rates effective from June 1, 2012, for its residential, commercial and industrial customers. However, in order to offset the increase the energy company plans to file for a reduction in fuel costs by $50 million annually that will finally result in a net reduction of the bill amount for all customers.
If the Oklahoma Corporation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Verizon Readies For Spectrum Sale

Posted: 22 May 2012 01:38 PM PDT

Verizon Wireless, a joint venture of Verizon Communications Inc. (NYSE:VZ) and Vodafone Group Plc (NYSE:VOD), has hired Loop Capital as another advisor for the proposed 700 MHz wireless spectrum sale. The company is aggressively looking for the sale of its 700 MHz A and B spectrum licenses, announced a month ago.
Loop Capital, along with Stephens Inc., will reach to a wide range of potential bidders.It seems that AT&T Inc. (NYSE:T), the second largest wireless provider, and MetroPCS Communications … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Estimates Down For Cognizant

Posted: 22 May 2012 01:38 PM PDT

Earnings estimates for Cognizant Technologies Solutions (NASDAQ:CTSH) have declined of late after the company reported results for the first quarter of 2012.
Although results came in line with estimates, the outlook was disappointing.  Cognizant trimmed its outlook for 2012 primarily due to a slower-than-anticipated acceleration in demand. 
For full-year 2012, management expects revenues to rise at least 20% annually to $7.34 billion, down from its previous forecast of $7.53 billion.  … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Nat Gas Rig Count Snaps Losing Streak

Posted: 22 May 2012 01:38 PM PDT

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (NYSE:BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country).
This can be attributed to an increase in the tally of both oil and natural gas-directed rigs. In particular, the natural gas rig count climbed for only the fourth time in 2012, while the oil rig count scaled another record high.
The Baker Hughes rig count, issued since 1944, acts as an important yardstick for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

General Cable To Acquire Alcan Cable

Posted: 22 May 2012 01:38 PM PDT

General Cable Corporation (NYSE:BGC) intends to acquire Alcan Cable, the wire and cable business of Rio Tinto plc (NYSE:RIO). The acquisition will be made at $185 million in cash, subject to normal adjustments, mainly relating to working capital levels at the time of closure.
General Cable expects to finance the transaction through its Asset Based Revolving Credit Facility. Subjected to regulatory clearances, the acquisition is expected to close in the second half of 2012.
Alcan Cable serves the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bipartisan Congressional Group Stands Up For U.S. Consumers Over Special Interest Sugar Farmers

Posted: 22 May 2012 12:37 PM PDT

The chart above shows how government policies have artificially inflated the U.S. price of sugar to more than double the world price going back to the early 1980s.  World prices have averaged about 14 cents per pound (wholesale) since 1982, less than half of the U.S. average over that time period of almost 29 cents per pound.  Import quota restrictions that strictly limit the amount of imported sugar coming into the U.S. at the world price protect the domestic producers from more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Thoratec Remains Neutral

Posted: 22 May 2012 12:23 PM PDT

We reiterate our rating for Thoratec Corp. (NASDAQ:THOR) at Neutral. Its first-quarter 2012 adjusted earnings per share beat the Zacks Consensus Estimate. Profit (as reported) rose 54.8% year over year to $25.5 million aided by better utilization at pre-existing ventricular assist device (VAD) programs as well as growth of the treatment at new centers. 
Sales rose 27.4% year over year to $126.8 million in the first quarter, surpassing the Zacks Consensus Estimate. Revenues were boosted by … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Myriad In Research Partnership

Posted: 22 May 2012 12:23 PM PDT

Myriad Genetics (NASDAQ:MYGN) has entered into a research agreement with Intermountain Healthcare, a nonprofit healthcare system, to carry out studies on molecular diagnostic tests developed by the company. This agreement will benefit treatment decisions for patients at Intermountain.
While Myriad has been conducting several studies to help in the rapid uptake of its tests, the recent agreement with Intermountain will be another step in this direction. The collaboration will evaluate Myriad's … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neutral On CF Industries

Posted: 22 May 2012 12:22 PM PDT

We are retaining our Neutral recommendation on CF Industries Holdings Inc. (NYSE:CF). First-quarter 2012 revenues and earnings topped the Zacks Consensus Estimates. Healthy growth in sales was driven by strong nitrogen demand during the North American spring planting season.
Revenues from the core Nitrogen segment jumped 37% in the quarter buoyed by an abundant supply of natural gas. Gross margin shot up 50% riding on higher sales volumes, better pricing and lower realized natural gas costs. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Resource Expands Acreage

Posted: 22 May 2012 12:22 PM PDT

Natural Resource Partners L.P. (NYSE:NRP) further expanded its position in the Mississippian Lime oil play in North Central Oklahoma by acquiring 19,200 net mineral acres for $64 million. The acquisition dwarfs prior acquisitions made by the partnership in this region from December 2011 through February 2012 of 9,500 net mineral acres. The acquired acreages are leased out to oil and gas operators and the partnership will receive royalty revenue from the oil and gas produced from the acreage.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Hole In The Facebook Business Model?

Posted: 22 May 2012 12:10 PM PDT

Facebook is getting a LOT of attention. As well it should.
An IPO that is down 17% in the first three days of trading will generate a lot of focus.
Everybody loves Facebook. Reconnecting with old friends. Making new friends. The world has gotten very small and very fast with new modern technologies. Which of these capabilities has been more impactful than Facebook? All this said, questions abound about Facebook, including: 
1. Is a great product by necessity a great business?
2. How … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FB Or Las Vegas? I’ll Take Vegas

Posted: 22 May 2012 12:10 PM PDT

I was asked several times last week whether I would buy FB (Facebook) at the IPO.  Those who asked have no real concept of technical analysis or my style of trading/investing.  At its core, technical analysis is an approach to … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why Obama Should Be Attacking Casino Capitalism — Both Romney’s Bain And JPMorgan

Posted: 22 May 2012 07:58 AM PDT

I wish President Obama would draw the obvious connection between Bain Capital and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, May 23, 2012

Posted: 22 May 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, May 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
110.71
− 0.24
110.92
110.99

Bearish

BND – Vanguard Total Bond Market ETF
83.96
− 0.17
84.05
84.08

Bearish

DBC – DB Commodity Index Tracking Fd
26.24
− 1.43
26.40
26.37

Bearish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Wednesday, May 23, 2012

Posted: 22 May 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Wednesday, May 23, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
0.9808
− 1.08
0.9855
0.9889

Bearish

EURUSD – Euro / US Dollar
1.2684
− 1.03
1.2748
1.2773

Bearish

GBPUSD – British Pound / US Dollar
1.5759
− 0.46
1.5798
1.5890

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0207
+ 0.35
1.0195
1.0145

Bullish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Wednesday, May 23, 2012

Posted: 22 May 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, May 23, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1314.75
− 0.08
1306.53
1310.50

Bullish

Dow Jones – Jun YMM2
12477
− 0.10
12430
12484

Neutral

Nasdaq – Jun NQM2
2535.25
− 0.32
2514.67
2517.50

Bullish

Russell – Jun TFM2
757.50
− 0.59
754.98
759.60

Neutral

INTEREST RATES

US T-Bond – Jun ZBM2
146-25
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Wednesday, May 23, 2012

Posted: 22 May 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, May 23, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.49
− 1.28
8.53
8.64

Bearish

AXP – American Express Company
56.35
+ 0.04
56.04
56.63

Neutral

BA – Boeing Co
71.48
− 0.42
70.77
70.62

Bullish

BAC – Bank of America Corporation
6.98
+ 2.20
6.95
7.15

Neutral

CAT – Caterpillar Inc
91.49
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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