Tuesday, July 3, 2012

DailyMarkets.com - Another Quirky Indicator Signaling Trouble Ahead

DailyMarkets.com - Another Quirky Indicator Signaling Trouble Ahead


Another Quirky Indicator Signaling Trouble Ahead

Posted: 03 Jul 2012 04:23 PM PDT

I’ve previously noted that the hemline indicator and the nail polish indicator are signaling trouble ahead for the U.S. economy. A Yahoo! Finance report, “Women's Dress Sales Suggest Recession: Schoenberger,” highlights another quirky indicator that is sending the same message.
Since consumer spending is said to account for some 70% of GDP, it’s not unusual for analysts to lean on shopping data to gauge the U.S. economy. Todd Schoenberger of the BlackBayGroup.com reduces that strategy even … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Tuesday Night Links

Posted: 03 Jul 2012 03:07 PM PDT

1. Bill Clinton out-earned the average S&P 500 CEO in 2011, taking in a total of $13.4 million for giving 54 speeches last year, at an average of almost one-quarter of a million dollars per talk.  The former president’s 2011 earnings were slightly higher than the $12.94 million earned last year by the average CEO.   

2. U.S. car sales rose last month to a five-year high for the month of June, as total light vehicle sales increased by more than 22% compared to June of last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Michelle Obama Calls On States To Reduce Regulatory Burdens For Occupational Licensing

Posted: 03 Jul 2012 12:26 PM PDT

Well, that headline is actually a little bit exaggerated, the First Lady is really only asking states to selectively educe the regulatory burden of occupational licensing for military spouses in this Baltimore Sun editorial.  Mrs. Obama raises some excellent points about how the process of transferring or renewing professional licenses in many states is burdensome and time-consuming. Because millions of Americans, not just military spouses, face those government-imposed occupational … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Thursday, July 5, 2012

Posted: 03 Jul 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Thursday, July 5, 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
111.24
− 0.04
111.25
111.35

Bearish

BND – Vanguard Total Bond Market ETF
84.25
− 0.14
84.33
84.37

Bearish

DBC – DB Commodity Index Tracking Fd
26.42
+ 2.80
25.86
25.32

Bullish

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


The Trend Trader For Futures Trading On Thursday, July 5, 2012

Posted: 03 Jul 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Thursday, July 5, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1368.00
+ 0.77
1354.89
1339.50

Bullish

Dow Jones – Sep YMU2
12867
+ 0.71
12774
12673

Bullish

Nasdaq – Sep NQU2
2641.50
+ 1.04
2608.47
2576.50

Bullish

Russell – Sep TFU2
815.60
+ 1.53
799.72
782.37

Bullish

INTEREST RATES

US T-Bond – Sep ZBU2
148-17
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Thursday, July 5, 2012

Posted: 03 Jul 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Thursday, July 5, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.90
+ 3.13
8.74
8.59

Bullish

AXP – American Express Company
59.41
+ 0.61
58.67
57.34

Bullish

BA – Boeing Co
74.27
+ 1.49
73.73
73.05

Bullish

BAC – Bank of America Corporation
8.06
+ 0.12
8.07
7.95

Neutral

CAT – Caterpillar Inc
86.46
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Thursday, July 5, 2012

Posted: 03 Jul 2012 04:33 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Thursday, July 5, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0281
+ 0.34
1.0229
1.0155

Bullish

EURUSD – Euro / US Dollar
1.2607
+ 0.25
1.2599
1.2584

Bullish

GBPUSD – British Pound / US Dollar
1.5691
− 0.01
1.5670
1.5634

Bullish

USDCAD – US Dollar / Canadian Dollar
1.0122
− 0.50
1.0179
1.0231

Bearish

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


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