Thursday, June 7, 2012

DailyMarkets.com - When It Comes To Technical Analysis, Accuracy Depends On Time Horizon (GLD)

DailyMarkets.com - When It Comes To Technical Analysis, Accuracy Depends On Time Horizon (GLD)


When It Comes To Technical Analysis, Accuracy Depends On Time Horizon (GLD)

Posted: 07 Jun 2012 07:32 AM PDT

My wife ran into my office yesterday and said that somebody on CNBC was saying that the market was making lower highs and higher lows and that, based on that "analysis" she said we should be either selling stock or … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Australian Dollar And British Pound Outperform On PBoC, BoE

Posted: 07 Jun 2012 06:58 AM PDT

Fundamental Headlines
- Finnish Leader Says US Worried about Europe Banks – Bloomberg
- Obama Re-Election Map Shaken after Walker's Wisconsin Win – Bloomberg
- Spain Passes Market Test, Merkel Douses Summit Hopes – Reuters
- China Cuts Interest Rates – WSJ
- Officials say Fed May Need to Act – WSJ
Asian/European Session Summary
After yesterday's massive rally – in fact the biggest rally since December by the Australian Dollar and the Dow Jones Industrial Average since December … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


BOE Keeps Rate, Asset Purchase Programme Unchanged

Posted: 07 Jun 2012 06:22 AM PDT

    The Bank of England kept its key interest rate unchanged at 0.5 percent and the target for asset purchases at 325 billion pounds, despite a contraction of Britain’s economy.

    The BOE’s official interest rate that it pays on commercial bank deposits has been unchanged at 0.5 percent since March, 2009 when it also began a policy of quantitative easing. On February 9, 2012, the UK central bank increased the asset purchase programme by 50 billion pounds to 325 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Jump After China Cuts Interest Rates

Posted: 07 Jun 2012 06:00 AM PDT

06/07/12 Global stocks moved higher Thursday after China cut its benchmark lending rate in another attempt to lift its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Rough Guide To Surviving Market Cycles

Posted: 07 Jun 2012 02:13 AM PDT

There are a few books that I turn to time and again which I find extremely useful, and a surprising number of them come from the ‘Little Books, Big Profits’ series published by Wiley. The reason I’m a fan of the series is that the format forces the often very smart authors to distil their thoughts into less than 150 pages. Such a format does away with the verbosity and in-the-know jargon that fills larger tomes leaving the author to focus on storytelling and ideas. One that’s useful to read at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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