Monday, July 2, 2012

DailyMarkets.com - Oil Prices Rally On Word Of European Bank Bailout Agreement

DailyMarkets.com - Oil Prices Rally On Word Of European Bank Bailout Agreement


Oil Prices Rally On Word Of European Bank Bailout Agreement

Posted: 02 Jul 2012 07:11 AM PDT

Monday, July 2, 2012
Oil’s sharp rally on Friday may have ended the recent down move in prices, as short-covering and fresh momentum buying has once again shown that the Oil market is unstable at prices below $80 per barrel.
Fundamentals
Oil bulls were back in force to end the 2nd quarter, with the lead month August contract rising by over 9%, as European leaders announced an agreement to aid struggling banks in Spain and Italy. This news sparked a move back into “risk” assets such as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro’s Advance Stalls As Questions Linger After Euro-zone Summit

Posted: 02 Jul 2012 06:48 AM PDT

Fundamental Headlines
- Bond Market Backs Obama with Record Demand for New Debt – Bloomberg
- Euro Leaders turn to Central Bank for Help to Tackle Crisis – Bloomberg
- Finland to Block ESM Secondary Market Bond Buying – Reuters
- Euro-zone Data Show No Sign of Improvement – WSJ
- GOP's New Health-Law Front – WSJ
Asian/European Session Summary
This is starting to look like a broken record. I don't mean the Euro-zone crisis – that's been on repeat for a while now. Instead, I … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


“Mind The Gap”

Posted: 02 Jul 2012 06:39 AM PDT

I was struck by the stock action of two buyout announcements prior to their recent announcements.  We all found out about over the past couple of days but it's clear by looking at several gaps up over the past couple … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Barclays’ Libor Manipulation: How To Stop It

Posted: 02 Jul 2012 04:11 AM PDT

Many executives on Wall Street and in The City, London's central business district, have reason to be VERY NERVOUS this morning.
Their sweaty palms have nothing to do with the ongoing crisis in Europe or this week's likely weak employment report here in the United States. The nerves have everything to do with the fallout from the Libor-manipulation story that has been centered on Barclays but likely encompasses every major bank in the global markets.
The industry would like to take one … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


7 Deadly Signs Of A Dividend Yield Trap

Posted: 01 Jul 2012 11:40 AM PDT

After decades of being eclipsed by capital appreciation in investors’ minds, formerly-dull dividend plays are once again right back in the forefront of investors’ minds. The simple explanation for this is that, in times of slow growth and low interest rates, investors are looking for safety and yield, for companies that are "bondish".
US blogger, The Reformed Broker, has aptly called this thirst for dividend stocks “income worship” which is a great turn of phrase – investors are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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