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Hot Option Plays: Stocks Hold Gains
The Top 20% Paid 94.1% Of Income Taxes In 2009
Reshoring: Bringing Manufacturing Back?
A Difference Of Opinon
Coursera Expands To 16 Universities, 3 Int’l.
Stocks Hold Strong Gains On Bernanke
Data And Earnings Deluge On Thursday
More Finance Not Always Better – BIS Paper
Midweek Flag Trendline SP500 Update
The Trend Trader For Stock Trading On Thursday, July 19, 2012
The Trend Trader For ETF Trading On Thursday, July 19, 2012
The Trend Trader For Forex Trading On Thursday, July 19, 2012
The Trend Trader For Futures Trading On Thursday, July 19, 2012

Posted: 18 Jul 2012 05:28 PM PDT

Cusick’s Corner 07-18-2012
I am going to make it short today, trying to get out early on a flight because there’s bad weather in the Midwest. The bid could not muster much more momentum into the close and some big names like IBM and AXP are seeing beats on earnings but misses on revenue. This could lead to choppy action overnight and into the early part of the session tomorrow. See you Midday.

Stock market averages scored gains with help from earnings and economic news Wednesday. A report … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Top 20% Paid 94.1% Of Income Taxes In 2009

Posted: 18 Jul 2012 05:03 PM PDT

The chart above is based on data in the recently-released CBO report “Distribution of Household Income and Federal Taxes, 2008 and 2009,” showing the share of federal income taxes paid by income group in 2009. In 2009, almost all (94.1%) federal income taxes collected were paid by just one-fifth of Americans (top quintile) and the top 1% paid almost 39% of all taxes collected. In contrast, the lowest and second quintiles were net “tax collectors” because that 40% of Americans … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Reshoring: Bringing Manufacturing Back?

Posted: 18 Jul 2012 03:25 PM PDT

07/18/12 The reshoring and near-shoring of manufacturing is becoming more prevalent. Cost savings and foreign exchange rates are amongst the cited reasons for bringing manufacturing back to the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Difference Of Opinon

Posted: 18 Jul 2012 02:11 PM PDT

We have this –
“Fed’s Bernanke: ‘We Don’t See a Double-Dip Recession’” (CNBC)

“At this point we don’t see a double dip recession. We see continued moderate growth. But we are very committed to ensuring, or at least doing all we can to ensure, that we continue to make progress on the employment side. And we have stated that we are prepared to take action as needed to try to make sure that we see continued progress on employment.” –

and we have this –
“Gary Shilling: 25 Out Of The Last 27 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Coursera Expands To 16 Universities, 3 Int’l.

Posted: 18 Jul 2012 02:08 PM PDT

From the Coursera Blog:

“We are THRILLED to announce that 12 universities—including three international institutions—will be joining Princeton University, Stanford University, University of Michigan, and University of Pennsylvania in offering classes on Coursera.

On Coursera, you will now be able to access world-class courses from:

· California Institute of Technology
· Duke University
· École Polytechnique Federale de Lausanne
· Georgia Institute of Technology
· Johns Hopkins … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Hold Strong Gains On Bernanke

Posted: 18 Jul 2012 01:55 PM PDT

07/18/12 Stocks maintained strong gains in the final hour of trading Wednesday after Fed Chairman Bernanke restated that the central bank is ready to add more … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Data And Earnings Deluge On Thursday

Posted: 18 Jul 2012 08:29 AM PDT

07/18/12 A slew of US economic data and earnings reports will be released on Thursday. Jobless claims, housing and manufacturing figures are amongst the scheduled releases for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

More Finance Not Always Better – BIS Paper

Posted: 18 Jul 2012 12:08 PM PDT

If credit and finance helps businesses grow, it follows that a country should encourage a vibrant and large financial sector. That, at least, was the logic behind the wave of financial deregulation that swept through advanced economies in the 1990s.
But with the repercussions of the 2008 financial crises still reverberating, economists are starting to question that belief with some concluding that finance can indeed become excessive and this has a negative … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Midweek Flag Trendline SP500 Update

Posted: 18 Jul 2012 09:37 AM PDT

We're hearing much talk about the potential Bear Flag pattern on the S&P 500 Daily Chart.
Let's take a mid-week update on the pattern and note the current key price boundary levels to watch for clues.
First, here's the S&P 500 Daily Chart trendline structure:

Moving from right to left, we see the current "Bear Flag" consolidation pattern stretching from early June to present.
The lower rising trendline resides near 1,340 while the upper rising trendline continues near … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards