DailyMarkets.com - Commodities Rise As Risk Appetite Firms On ECB, Fed Stimulus Hopes

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• Commodities Rise As Risk Appetite Firms On ECB, Fed Stimulus Hopes
• Sold GSS @ $1.24 – GDX Near-Term Thoughts
• Australian Central Bank Cuts Rate 25 Basis Points To 3.5 Percent
• Shale Play In Siberia 80X Bigger Than Bakken
• Visualization Of Real GDP By State In 2011
• More On The Midwest Manufacturing Renaissance
• Why We Should Keep Tax “Loopholes” For Oil
• Gains For Various Transportation Indexes
• Good Spelling Still Matters, Doesn’t It?
• More On The Its Vs. It’s Confusion
• Dividend Cover – How Much Is Enough (and Is It Ever Too Much)?
• May “Employment Trends Index” At 45-Month High

Commodities Rise As Risk Appetite Firms On ECB, Fed Stimulus Hopes Posted: 05 Jun 2012 11:08 PM PDT Talking Points Crude Oil, Copper Follow Stocks Higher Before ECB Policy Announcement Gold and Silver to Rise if Soft Fed Beige Book Stokes QE3 Expectations Commodity prices are on the upswing in early trade, with all eyes are on the European Central Bank interest rate decision. While markets are pricing in the probability that the ECB remains on hold this time around, traders appear hopeful that ECB President Mario Draghi will offer clues about forthcoming easing in the months ahead at the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sold GSS @ $1.24 – GDX Near-Term Thoughts Posted: 05 Jun 2012 09:41 PM PDT I was looking for a gap fill of $1.24 on my position of Golden Star Resources (GSS) to conclude that round trip trade and today I received that price for my shares and said bye-bye. Since late March I have managed to trade for a gain of 78% and have narrowed the horrific 97.3% loss I suffered on TVIX in mid-March to just 15%. Thank you gold bull! My TSI Trading record has been updated. This chart is a 60 minute of GSS as it looked just after I sold my shares. You can see that the True … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Posted: 05 Jun 2012 09:39 PM PDT Bank of Canada keeps key rate steady at 1 percent Canada’s central bank maintained its key overnight rate at 1 percent, balancing a weakening global economy against continued expansion in the domestic economy. The Bank of Canada added that it may still tighten monetary policy to keep inflation close to its 2 percent target if the domestic economy continues to expand.  ”The timing and degree of any such withdrawal (of monetary policy stimulus) will be weighed carefully against domestic … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Posted: 05 Jun 2012 09:14 PM PDT Australian central bank cuts rates a further 25 basis points The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.50 percent, citing weaker growth in Europe and a moderation of growth in China, a major export market for Australia. The Australian central bank, which already cut its leading interest rate by 1/2 a percentage point last month, said the current economic trend was unclear and could be dampened by slower Chinese growth. “Europe’s economic and financial prospects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Australian Central Bank Cuts Rate 25 Basis Points To 3.5 Percent Posted: 05 Jun 2012 09:06 PM PDT Australian central bank cuts rates a further 25 basis points The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.50 percent, citing weaker growth in Europe and a moderation of growth in China, a major export market for Australia. The Australian central bank, which already cut its leading interest rate by 1/2 a percentage point last month, said the current economic trend was unclear and could be dampened by slower Chinese growth. “Europe’s economic and financial prospects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Shale Play In Siberia 80X Bigger Than Bakken Posted: 05 Jun 2012 08:24 PM PDT OilPrice.com — “The Bakken shale play is one of the biggest in the U.S., but is absolutely dwarfed by a shale play in Russia. The Bazhenov is located in Western Siberia, and according to Oswals Clint, Sanford Bernstein's lead international oil analyst, it "covers 2.3 million square kilometers or 570 million acres, which is the size of Texas and the Gulf of Mexico combined;" an area 80 times bigger than the Bakken. News of the Bazhenov may be new to many of us, but geologists have … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Visualization Of Real GDP By State In 2011 Posted: 05 Jun 2012 05:51 PM PDT <a href=”#”><img alt=”Contributors to GDP Growth in 2011 ” … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More On The Midwest Manufacturing Renaissance Posted: 05 Jun 2012 02:37 PM PDT From Chmura Economics, an analysis of the Midwest manufacturing boom, with lots of good micro-level data, here’s the opening: “Last year may well mark the beginning of a welcome, several-year expansion in the manufacturing sector. This manufacturing expansion has driven a good portion of the improving jobs picture across the Midwest over the past year. In 2011, manufacturers in the Midwest added over 113,000 jobs. In the same year, more than 63 separate manufacturing industries expanded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why We Should Keep Tax “Loopholes” For Oil Posted: 05 Jun 2012 02:19 PM PDT Deborah Byers of Ernst & Young explains in Forbes why we should keep the current tax provisions for oil and gas companies, here’s an excerpt: “For the most part, energy companies are treated just like any other industry when it comes to taxes.  Much of what politicians call giveaways are simply timing issues related to when particular items can be expensed – governed by provisions in the tax code established decades ago to strengthen U.S. energy production.  These provisions … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gains For Various Transportation Indexes Posted: 05 Jun 2012 12:56 PM PDT 1. The monthly Ceridian-UCLA Pulse of Commerce Index, based on real-time fuel consumption data for over the road trucking, rose 0.8% in May following a 0.1% increase in April and a 0.3% increase in March.  Here’s today’s report (note that it says the May report will be the last one issued?).  2. From today’s Cass Information Systems report, based on its Cass Freight Index, a monthly measure of North American freight volumes and expenditures: “North American freight … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Good Spelling Still Matters, Doesn’t It? Posted: 05 Jun 2012 12:28 PM PDT From USA Today last week around the time of the National Spelling Bee: “Louisa Moats, author of several textbooks about language, said good spelling, in a word, means credibility.”If a paper or an application or a report or even an e-mail contains spelling errors, people who read it judge it harshly,” she said. Research even shows that people with misspellings on job applications and résumés are less likely to get interviews.  Moats and others say many public schools now give the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More On The Its Vs. It’s Confusion Posted: 05 Jun 2012 12:09 PM PDT It hasn’t even been a month since I last posted about this….. 1. Corn subsidies have lowered the price of corn and it’s sweetener, extract-high fructose corn syrup…. 2. You are likely to spend more on your house and it’s financing…… 3. Company X has maintained it’s standards despite the challenges though. 4. The cost to carry insurance for employees has to find it’s way into the CPI…. 5. …. contrary to notions that manufacturing is running with it’s tail high. 6. You know that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dividend Cover – How Much Is Enough (and Is It Ever Too Much)? Posted: 05 Jun 2012 11:51 AM PDT In the hunt for top quality dividend stocks, income investors frequently gravitate to the yield as a guide to how much bang-for-their-buck they are going to get. Unfortunately, while a heady yield can be a seductive signal of regular chunky returns it can also be a red flag for an imminent dividend cut. To tackle this problem, analysing Divided Cover – or the cushion of cash a company has after paying out shareholders – is a vital tool. But how much cover is enough – and how much is too … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

May “Employment Trends Index” At 45-Month High Posted: 05 Jun 2012 11:41 AM PDT The Conference Board’s Employment Trends Index (a composite index of eight individual labor-market indicators) increased in May by 0.29% to 108.34, up from April’s revised reading of 108.3 (see chart above).  On a monthly basis, the Employment Trends Index (ETI) has increased in 11 out of the last 12 months.  On an annual basis, the May ETI was 7.6% above its year-ago level, following a 7% year-over-year improvement in April. "While growth in employment has slowed significantly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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