DailyMarkets.com - Hot Option Plays: Minutes Might Matter

Hot Option Plays: Minutes Might Matter
Singing A Different Tune
Hot Option Plays: Contrarians Weigh In
Stocks Extend Losses
Neiman Marcus, Target To Create Holiday Collection
The North American Energy Colossus Will Fuel Our Hydrocarbon Future And Create Prosperity
Great Moments In Government Bureaucracy
FOMC Minutes In Focus
Inflation Reemerging: Food Prices Gapping Higher, Precious Metals May Follow
Obamacare: The Investment Income Surtax
Bond Traders Bracing For ‘Perfect Storm?’
Costa: “Don’t See QE3 Coming”
You Snooze, You Lose And Trading Gold Using TSI
Each New ND Oil Well = A New $8-10M Business
Oil Still Trading Near $85
Risk Aversion Turns Euro Slightly Lower
The Trend Trader For Forex Trading On Wednesday, July 11, 2012
The Trend Trader For Stock Trading On Wednesday, July 11, 2012
The Trend Trader For ETF Trading On Wednesday, July 11, 2012
The Trend Trader For Futures Trading On Wednesday, July 11, 2012

Posted: 10 Jul 2012 06:02 PM PDT

Cusick Corner 07-10-2012
The market did make it back off of its worst levels and the earnings cycle looks like it may be disappointing in the early stages at best, but it is early. The headlines out of the EU are only putting more pressure on the short term. The market will be scrutinizing the Fed minutes tomorrow to see if there is any language that may tip the “QE” debate. While this is typically hyped, I think that with the current data and the uncertainty in the EU, there will at the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Singing A Different Tune

Posted: 10 Jul 2012 04:45 PM PDT

In “A Crumb of Comfort for Investors,” the Financial Times reveals that some members of Wall Street’s “don’t worry, be happy” crowd are singing a different tune nowadays:
This month, [the wealth management arm of Merrill Lynch] is quietly circulating a memo which tells its affluent clients to reposition themselves — and their portfolios — for a fundamental geopolitical shift.
During much of the late 20th century, the broker says, the world was shaped by American-dominated institutions, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Contrarians Weigh In

Posted: 10 Jul 2012 02:45 PM PDT

Cusick’s Corner 07-10-2012This is one of those markets where contrarians, bulls and bears, all have a leg to stand on and that could explain the grind. Some bulls might be looking at recent market action (or lack thereof), bad data, and low earnings expectations and believe that we could have a counter move since the market has not been severely challenged to the downside. Some bears might continue to point at struggling offensive sectors, XLE, XLF, XLY. While some contrarians might think that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Extend Losses

Posted: 10 Jul 2012 09:40 AM PDT

07/10/12 Stocks extended their losses in volatile trade Tuesday as profit concerns overshadowed optimism that Germany’s top court will approve the EU’s new bailout … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Neiman Marcus, Target To Create Holiday Collection

Posted: 10 Jul 2012 02:38 PM PDT

07/10/12 Neiman Marcus and Target will be collaborating on a limited edition holiday collection. Over 50 items will be created by 24 designers, and will be sold in stores and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The North American Energy Colossus Will Fuel Our Hydrocarbon Future And Create Prosperity

Posted: 10 Jul 2012 02:38 PM PDT

The Manhattan Institute released a study today by Mark P. Mills, titled “Unleashing the North American Energy Colossus: Hydrocarbons Can Fuel Growth and Prosperity,” here are a few excerpts:

Executive Summary: “The United States, Canada, and Mexico are awash in hydrocarbon resources: oil, natural gas, and coal. The total North American hydrocarbon resource base is more than four times greater than all the resources extant in the Middle East. And the United States alone is now the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Great Moments In Government Bureaucracy

Posted: 10 Jul 2012 01:40 PM PDT

Did the FDA’s former ban on home testing kits result in thousands of avoidable infections?

CNN Money — “A 24-year scandal was quietly acknowledged last week. On July 3 the U.S. Food and Drug Administration approved the first “rapid home” test for HIV—a test that people can take in the privacy of their own homes to determine whether they have the virus that causes AIDS.

The approval is an unambiguously good thing—or so you would think. The saliva test in question, made by OraSure … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FOMC Minutes In Focus

Posted: 10 Jul 2012 08:30 AM PDT

07/10/12 The FOMC minutes from the June 19-20 meeting will be released on Wednesday. Earnings reports will also be closely monitored in midweek … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Inflation Reemerging: Food Prices Gapping Higher, Precious Metals May Follow

Posted: 10 Jul 2012 01:00 PM PDT

An old melody advises us to look for the silver lining whenever dark clouds appear in the blue. There is economic and political upheaval all over the world. So we direct our attention to an area where silver is shining. Poor man's gold may come into prominence shortly and provide our subscribers with possible profits. See the video below why supply may be disrupted over the next several years and why we may be facing hyper inflation.

The price of food is beginning … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Obamacare: The Investment Income Surtax

Posted: 10 Jul 2012 12:32 PM PDT

07/10/2012 InnerHarbor Advisors’ Michael J. Keating, CFP, helps dissect the implications of Obama’s Affordable Care Act on individual taxpayers. The 3.8% ObamaCare investment income surtax is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bond Traders Bracing For ‘Perfect Storm?’

Posted: 10 Jul 2012 11:25 AM PDT

Tuesday, July 10, 2012
Bond futures have continued to trade at very high levels with very low yields. Investors have become increasingly concerned with a possible “perfect storm” scenario, where turmoil in Europe reaches a boiling point, the US economy contracts, and China and emerging markets face a hard landing. Investors are hoping for the best and could be preparing for the worst by buying US treasuries. News that China’s Crude Oil imports have fallen to the lowest level since December is a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Costa: “Don’t See QE3 Coming”

Posted: 10 Jul 2012 10:40 AM PDT

07/10/12 Empire Executions’ Peter Costa weighs in on global fundamentals, earnings season, and the Federal Reserve … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You Snooze, You Lose And Trading Gold Using TSI

Posted: 10 Jul 2012 10:11 AM PDT

Darn it if I didn’t wake up today an hour after the NYSE began trading and miss out on having some serious fun. It’s my birthday today and besides, I don’t have to go to work in the summer so, well, I’m sure you understand what motivated me to snooze. But the old cliche still rings true and I’m going to show you the opportunity I unfortunately chose to lose.

The opportunity had to do with trading something gold related like Direxion’s Gold Miner Bull/Bear 3X ETFs (NUGT /DUST). The True … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Each New ND Oil Well = A New $8-10M Business

Posted: 10 Jul 2012 09:09 AM PDT

The chart above shows the number of producing oil wells in North Dakota, which have more than doubled in the last six years, from 3,345 in April of 2006 to 6,734 in April of this year. Over just the last year, 1,425 new wells have been added from April 2011 to April 2012, at a rate of six new wells every business day.

As Bruce Oskol pointed out on his Million Dollar Way blog:

“Each of those North Dakota oil wells can be thought of as equivalent to a new $8-10 million business sprouting … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Still Trading Near $85

Posted: 10 Jul 2012 03:27 AM PDT

07/10/12 As the forex markets remained steady, so was the case in the energy markets as crude remained slightly above $85 a barrel … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk Aversion Turns Euro Slightly Lower

Posted: 10 Jul 2012 03:24 AM PDT

07/10/12 Despite strong production data out of the UK and lower Spanish bond yields, the euro was trading lower Tuesday morning on risk aversion as investors remained concerned about the EU debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards