Monday, June 25, 2012

DailyMarkets.com - Charles Nenner Bullish And Bearish Review

DailyMarkets.com - Charles Nenner Bullish And Bearish Review


Charles Nenner Bullish And Bearish Review

Posted: 25 Jun 2012 05:24 PM PDT

Charles Nenner does the YahooTicker rounds once again.

Charles Nenner gives the impression he gets every call correct, we can say that is not so. Every www post you see is from his good news factory, we saying this is just let you know to keep the salt ready to pinch. Here is an example after the jump. Still worth a watch. Folks nobody gets it right 100% of the time, thats trading !

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


Hot Option Plays: Chutes & Ladders

Posted: 25 Jun 2012 04:28 PM PDT

Cusick’s Corner 06-25-2012
The selling subsided early in the session and there was very little action into the close. While this is not a bullish statement, it is showing overall that many Shorts appear to be using some prudence, especially with the EU leadership meeting. Goodness knows, they could shock the world with some sort of unified plan — now that’s more of a Candyland and this market is more like a game of Chutes and Ladders, so I would continue the approach of considering smaller … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Virgin Launches In-flight Mobile Service

Posted: 25 Jun 2012 03:50 PM PDT

06/25/12 Virgin Atlantic will provide in-flight mobile service on its Airbus A330s. The AeroMobile system will keep passengers connected on flights, with users charged international roaming … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Zone, US Economic Data In Focus

Posted: 25 Jun 2012 10:20 AM PDT

06/25/12 All eyes will be on the Euro zone ahead of the EU summit. US economic data on housing, consumers and regional manufacturing will be coming … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Trade Setups For Tuesday 26th June 2012

Posted: 25 Jun 2012 02:45 PM PDT

   ( click to enlarge )

Another trading day another 52 week high for Pharmacyclics, Inc. (NASDAQ:PCYC). The stock closed up over 7% today and 20% in the past seven sessions on monster volume. That means there is some serious support and interest in this stock. PCYC is trading back over all 3 major moving averages. I like the stock as long as it can continue to close at or over the 10-day moving average, however I’d like to point out that the technical indicators are extremely overbought, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Good News, Bad News

Posted: 25 Jun 2012 01:44 PM PDT

The good news, according to a new IMF working paper, Systemic Banking Crises Database: An Update, is that financial crises are more likely to begin in September than in any other month, which suggests we may have a bit of time before the stuff (Europe, China, fiscal cliff, etc., etc., etc.) really hits the fan (hat tip to Free Exchange).

The bad news, however, is that no matter when the next disaster strikes — and it will — a lot of people are going to have a hard time coping with the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Déjà Vu

Posted: 25 Jun 2012 01:30 PM PDT

Cusick’s Corner 06-25-2012
Déjà vu, it is almost like the action is the same but the catalysts are different. If you look at the action from a year ago, June and into July, it is looking awfully familiar. This could give us at the very least some perspective as the headlines stream across. At this stage the Dollar, UUP, is strong — not good for Commodities, XME, XLE, and with continued concerns on global growth, the bulls have their work cut out for them. There are going to be very choppy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


BUY CGR @ $0.63 — Miner Cost Per Ounce Study

Posted: 25 Jun 2012 01:25 PM PDT

As if I do not already own enough shares of Claude Resources Inc (CGR), I bought 20,000 more at $0.63 earlier this morning. I am not one of those guys who thinks in terms of ‘averaging into a position’. I bought more because I could not find anything that offered more value and potential upside.

After a couple charts of today’s CGR buy I have charts of 3 other gold miners I’d like to show you for the very specific purpose of comparing share price movement with the miner’s cost per ounce … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Some Positive Signs In Today’s New Home Sales Report For A Significantly Improving Housing Market

Posted: 25 Jun 2012 12:04 PM PDT

One interesting data point from today’s Census report on new home sales is the very low inventory level of homes for sale: there is currently only a 4.72 months’ supply of new homes for sale at the current sales pace, which is calculated as the ratio of new houses for sale at the end of the month (145,000) to the number of homes sold in May (30,750 at a seasonally adjusted rate).  The inventory of new homes relative to demand hasn’t been that low since October 2005, more than six years … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Keating: “Everyone Talking…Euro, Euro, Euro”

Posted: 25 Jun 2012 11:18 AM PDT

06/25/12 James E. Coffey Securities’ Gregory Keating discusses today’s extended decline in global equity markets, and this week’s event risk: EU summit and data … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Too Much Finance Can Suffocate A Country – BIS Economist

Posted: 25 Jun 2012 08:52 AM PDT

    Like cancer, a nation's financial sector can grow so large that it starts to devour its host, according to the chief economist of the respected Bank for International Settlements (BIS).
    "Beyond a certain point, financial development is bad for an economy. Instead of supplying the oxygen that the real economy needs for healthy growth, it sucks the air out of the system and starts to slowly suffocate it," said Stephen Cecchetti, chief economic adviser … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Your House Isn’t Selling Because…

Posted: 25 Jun 2012 08:42 AM PDT

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


The Arithmetic Of Shale Gas: Consumer Benefits From Technology Of Shale Gas Exceed $100 Billion

Posted: 25 Jun 2012 08:20 AM PDT

It’s been well-documented now that falling prices for natural gas (see chart above) and the resulting drop in utility rates have saved consumers billions of dollars (see CD posts here and here).

A new study by researchers at Yale University, “The Arithmetic of Shale Gas,” provides some additional evidence of the consumer benefits of shale gas using a cost-benefit approach (where consumers include residential, industrial, commercial and utilities) here’s an excerpt:

“The Henry Hub spot price … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wall Street Retreats On Fading EU Summit Hopes

Posted: 25 Jun 2012 08:15 AM PDT

06/25/12 US stocks tracked global equities deep into the red. Following a better-than-expected reading of May new home sales, stocks pared losses. EU leaders meet in Brussels later this week, but there are worries that little progress will be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Drops On Spanish Debt Concerns

Posted: 25 Jun 2012 03:00 AM PDT

06/25/12 Eu debt crisis worries and rising Spanish borrowing costs assisted in pushing front month crude prices lower Monday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Dips On EU Summit Doubts

Posted: 25 Jun 2012 03:00 AM PDT

06/25/12 The euro was under pressure Monday as investors continue to raise doubts about the upcoming EU Summit being able to have an impact on the euro zone debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Start In The Red

Posted: 25 Jun 2012 01:00 AM PDT

06/25/12 Global stocks were in the red to start the week on growing euro zone debt crisis … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Pros And Cons Of Share Buybacks

Posted: 25 Jun 2012 05:59 AM PDT

"The first law of capital allocation – whether the money is slated for acquisitions or share repurchases – is that what is smart at one price is dumb at another." – Warren Buffett 
When it comes to distributing surplus profits to shareholders, management teams typically have two options – they can either pay dividends or they can buyback the company's own stock. Deciding between the two, or indeed pursuing both, is a subject that companies can easily get wrong and one which … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Tuesday, June 26, 2012

Posted: 25 Jun 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, June 26, 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
111.39
+ 0.32
111.21
111.12

Bullish

BND – Vanguard Total Bond Market ETF
84.35
+ 0.26
84.27
84.22

Bullish

DBC – DB Commodity Index Tracking Fd
24.64
+ 1.03
24.39
24.55

Bullish

DIA – SPDR DJ Industrial Average ETF
124.76
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Tuesday, June 26, 2012

Posted: 25 Jun 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, June 26, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.39
− 2.67
8.55
8.71

Bearish

AXP – American Express Company
56.05
− 1.30
56.56
56.74

Bearish

BA – Boeing Co
71.05
− 1.26
71.71
72.22

Bearish

BAC – Bank of America Corporation
7.60
− 4.28
7.83
7.96

Bearish

CAT – Caterpillar Inc
82.89
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Tuesday, June 26, 2012

Posted: 25 Jun 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, June 26, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0008
− 0.51
1.0049
1.0097

Bearish

EURUSD – Euro / US Dollar
1.2503
− 0.49
1.2553
1.2610

Bearish

GBPUSD – British Pound / US Dollar
1.5572
− 0.09
1.5598
1.5640

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0290
+ 0.48
1.0267
1.0233

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 Tuesday, June 26, 2012

Posted: 25 Jun 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, June 26, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1306.50
− 1.53
1322.36
1333.75

Bearish

Dow Jones – Sep YMU2
12431
− 1.09
12538
12630

Bearish

Nasdaq – Sep NQU2
2526.50
− 1.83
2561.03
2583.42

Bearish

Russell – Sep TFU2
756.70
− 1.60
765.26
771.30

Bearish

INTEREST RATES

US T-Bond – Sep ZBU2
149-09
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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