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Still Not There
Password Hacks Hit More Web Sites
US Trade Data Tops Off The Week
Hot Option Plays: Stimulus
Hot Option Plays: Watch Trade Deficit
Chinese Purchases Breathe Life Into Beans
Household Wealth Increases In Q1 By $2.8T
Stocks See Limited Gains On China
Fingers Crossed?
Stocks To Watch On Friday, Jun 08
Fed Ready To Act If Financial Stress Escalates – Bernanke
China Cuts Key Interest Rate 25 Basis Points
Are Graphite Mining Stocks Giving Investors A Second Chance To Buy?
The Trend Trader For ETF Trading On Friday, June 8, 2012
The Trend Trader For Stock Trading On Friday, June 8, 2012
The Trend Trader For Futures Trading On Friday, June 8, 2012
The Trend Trader For Forex Trading On Friday, June 8, 2012

Posted: 07 Jun 2012 04:58 PM PDT

After this week’s jump in share prices, I reckon it won’t be long before some highly-paid “experts” are again heralding the arrival of another secular bull market. Unfortunately, along with all the other measures I highlighted in “Almost Laughable,” which together make it clear that valuations are nowhere near the ultra-cheap levels that prevailed three decades ago, we have another well-regarded indicator telling us a similar story, as Also Sprach Analyst reports in “Chart: Tobin's Q Ratio … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Password Hacks Hit More Web Sites

Posted: 07 Jun 2012 03:58 PM PDT

06/07/12 Last.fm and eHarmony became the latest companies to be victimized by password hacks. The FBI is now working with LinkedIn to investigate the professional networking site’s security … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Trade Data Tops Off The Week

Posted: 07 Jun 2012 10:20 AM PDT

06/07/12 US international trade data will be closely monitored on Friday morning, along with wholesale … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Stimulus

Posted: 07 Jun 2012 02:39 PM PDT

Cusick’s Corner 06-07-2012
Stimulus – that is what this market is trading on, or at least the idea of stimulus. The ECB has the ability to put a band-aid on a wound and Helicopter Ben left the door open for intervention but at this stage nothing has been executed, so this is still a hope strategy. The short-term bullish action has given the bulls the opportunity to shore up risk by potentially cutting the laggards that have bounced and potentially hedging long-term holdings if the stimulus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Watch Trade Deficit

Posted: 07 Jun 2012 02:39 PM PDT

Cusick’s Corner 06-07-2012
Late day headlines of the Fed potentially conforming to Basal III guidelines pressured Financials, XLF, and then ramped up some potential profit taking in the last hour. While the downgrade of Spain was negative, it was not a market mover. Trade deficits will be in the headlines early tomorrow, and the recent strength in the Buck the last month should reflect weaker exports and could be yet another signal of slowing or slower growth. This will also get traders making … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Chinese Purchases Breathe Life Into Beans

Posted: 07 Jun 2012 02:39 PM PDT

Thursday, June 7th
Soybean bulls have had some bounce to their step following recent sessions, as outside markets and fundamentals have firmed-up the Bean market. Chinese purchases have been strong lately, so some traders may want to keep a close watch on the export sales figures to see if the trend continues. The carryout and acreage figures in the upcoming USDA data on Tuesday will also be of utmost importance for traders. Technically, the Soybean chart hints a near-term reversal, although … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Household Wealth Increases In Q1 By $2.8T

Posted: 07 Jun 2012 02:30 PM PDT

The Federal Reserve reported today that U.S. household net worth increased in the first quarter of 2012 to $62.85 trillion, the highest quarterly level since the last quarter of 2007 when the recession started. Household wealth increased $2.82 trillion during the January to March period this year, which was the largest quarterly increase in more than five years, going back to the last quarter of 2004.

Here are news reports from Bloomberg and Fortune. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks See Limited Gains On China

Posted: 07 Jun 2012 09:00 AM PDT

06/07/12 US stocks saw a positive end Thursday despite losing some ground in the afternoon after China’s surprising cut in interest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fingers Crossed?

Posted: 07 Jun 2012 01:56 PM PDT

It’s a good thing, as Treasury Secretary Timothy Geithner said in February, that the “U.S. financial system is getting stronger, and is now significantly stronger than it was before the crisis,” or else this could be a problem:
“Fitch: Derivative Use Heavily Concentrated as New Regulations Loom”
Six financial services firms dominate the amount of derivative assets and liabilities carried on the balance sheets of U.S. corporates, according to a Fitch Ratings review of 100 large companies across … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks To Watch On Friday, Jun 08

Posted: 07 Jun 2012 01:54 PM PDT

( click to enlarge )

Zalicus Inc (ZLCS) – In the past few days we have noticed that ZLCS has been on a consistent bullish uptick in market valuation. This technical set-up still showing us a tremendous opportunity to potentially acquire the stock while the momentum is on the upswing. More importantly, ZLCS past the important resistance level of the 200-day MA for the first time since July 2011, which provides investors with more than a greater opportunity to witness a rally in market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Fed Ready To Act If Financial Stress Escalates – Bernanke

Posted: 07 Jun 2012 01:21 PM PDT

The United States economy should continue to expand at a moderate pace in the next few quarters but the situation in Europe poses significant risks and the Federal Reserve stands ready too take appropriate action, Chairman Ben Bernanke said.
Speaking to U.S. lawmakers, Bernanke said U.S. households continue to spend, consumer sentiment is still noticeably higher than last year and demand for U.S. exports has held up.

”Nevertheless, the situation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

China Cuts Key Interest Rate 25 Basis Points

Posted: 07 Jun 2012 01:04 PM PDT

The People’s Bank of China cut its leading interest rate by 25 basis points and gave banks more freedom to set deposit rates for savers, the first time since 2008 China’s central bank has cut rates.

The PBOC said in a statement that the “upper limit of the floating range of interest rates on deposits of financial institutions was adjusted to 1.1 times the benchmark interest rate” and banks would also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Are Graphite Mining Stocks Giving Investors A Second Chance To Buy?

Posted: 07 Jun 2012 12:22 PM PDT

In early 2012, the burgeoning graphite sector gained attention from investors all over the world. It has recently fallen out of favor due to the global economic uncertainty. Despite this setback, the fundamentals show that graphite demand is being driven by the increasing use in the latest clean energy technologies such as the Lithium-Ion Battery, Fuel Cells, The Pebble Bed Nuclear Reactors and Vanadium-Redox Batteries critical for green energy, wind turbines and solar cells. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards