Thursday, July 5, 2012

DailyMarkets.com - Find The BEST Real-Time Targets

DailyMarkets.com - Find The BEST Real-Time Targets


Find The BEST Real-Time Targets

Posted: 05 Jul 2012 02:57 PM PDT

While setups and entries usually get the most glamour among traders, professionals know a big part of trading is how or where you exit your trades.

Traders often ask me how I identify targets for my intraday trades. I routinely respond with "ADR targets".
Those of you familiar with my teachings understand that I am a huge advocate of trading based off price and volume data. When I use indicators, I want them to be price- or volume-based indicators, as these offer true market-generated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Five Stocks To Watch Friday

Posted: 05 Jul 2012 02:36 PM PDT

( click to enlarge )

Netflix, Inc. (NASDAQ:NFLX) seems to be a promising stock to follow in the coming sessions. NFLX had a large spread and large volume today successfully breaking several resistances lines at 75 and 79.3. Also worth noting is the price which is now above the 20 and 50-day moving averages. This denotes strength for the stock. Looking also at the technical indicator MACD, the MACD is now above the zero line and the MACD Histogram still rising, both signs also indicate strength in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Dip Following A Round Of Central Bank Interest Rate Cuts

Posted: 05 Jul 2012 02:00 PM PDT

07/05/12 Stocks traded in a tight range during a light volume session, after investors took in a round of interest rate cuts by major central … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Even More So

Posted: 05 Jul 2012 01:33 PM PDT

Looks like the non-recovery is becoming even more so:
“Survey: CEO Confidence in Economy Drops Dramatically” (The Hill)
The confidence of the nation's business leaders in the future of the economy has dropped dramatically, according to a new survey by the Conference Board.
More CEOs surveyed view the economy negatively than positively. Only 17 percent viewed the economy positively in the second quarter of 2012, compared to 67 percent in the first quarter.
Only 20 percent expect an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Thursday Economic Reports: Lookin’ Pretty Good

Posted: 05 Jul 2012 01:33 PM PDT

1. Private-sector employment increased by 176,000 in June according to today’s ADP National Employment Report.  The June job gain was the 29th straight monthly increase in private employment and the 10th consecutive month of a job increase above 100,000.  The 12-month gain through June of nearly two million private-sector jobs is the largest annual  increase in almost six years, since the 12-month period ending in August 2006.

2.  (Reuters) – The number of U.S. businesses … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: Android-based Healthcare Smartphone Packed With Medical Sensors

Posted: 05 Jul 2012 01:02 PM PDT

MedGadget — “LifeWatch AG (Neuhausen am Rheinfall, Switzerland) has presented the LifeWatch V (see video above), a feature-packed healthcare smartphone for patients and health conscious consumers. At its core, the LifeWatch V is a pretty standard Android-based phone. However, what sets it apart is the presence of a plethora of medical sensors powering seven health tests, combined with wellness-related applications and cloud-based services. The health tests are operated by placing a finger on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


IMF: We See A Modest US Recovery With Growing Risks

Posted: 05 Jul 2012 08:00 AM PDT

07/05/12 In its annual review of the US economy, the IMF said the nation continues to recover but concerns about the euro area and uncertainty over domestic fiscal plans are creating an uneasy environment for the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


How Not To Get Big Pharma To Change Its Ways

Posted: 05 Jul 2012 10:57 AM PDT

Earlier this week the Justice Department announced a $3 billion settlement of criminal and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Global PMI: The Trend Is Your Friend

Posted: 05 Jul 2012 10:45 AM PDT

Manufacturing around the world weakened in June, according to the JP Morgan Global Manufacturing Purchasing Managers' Index (PMI). Its reading of 48.9 was the lowest in three years and the first dip below 50 since September 2011. The current reading is also below the three-month moving average for the second month in a row. As you can see on the chart, PMI crossed below the three-month in May.

While Europe, China and the U.S. were primarily responsible for the slowed activity, we believe the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Willis:”NFP…wouldn’t Be Surprised To See +100k”

Posted: 05 Jul 2012 10:30 AM PDT

07/05/12 Albert Fried & Company’s Ben Willis discusses today’s action from the ECB, BoE and PBoC. Ahead of Friday’s US jobs report, the latest jobless claims and ADP employment report are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Economist On The Street: Central Banks, US Jobs Data

Posted: 05 Jul 2012 04:18 AM PDT

07/05/12 Meridian Equity Partners’ Stephen Guilfoyle talks about the latest central bank rate moves, US data releases and S&P 500 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Tanks, US Dollar Jumps Following More Easing From BoE, ECB, PBoC

Posted: 05 Jul 2012 07:43 AM PDT

Fundamental Headlines
- Fewer Americans than Forecast File Unemployment Claims – Bloomberg
- Wall Street Bank Investors in Dark on LIBOR Liability – Bloomberg
- Euro Plummets as ECB Cuts Key Rate to 0.75% – Is This a 'White Flag'? – DailyFX
- China Cuts Key Interest Rates – WSJ
- Rate Scandal Set to Spread – WSJ
Asian/European Session Summary
Price action was relatively muted in the overnight session with the majors consolidating in tight ranges against the US Dollar ahead of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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