DailyMarkets.com - America’s New No. 2 Oil State – North Dakota – Sets More Eye-Popping Oil Production Records In June

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• America’s New No. 2 Oil State – North Dakota – Sets More Eye-Popping Oil Production Records In June
• Is The $VIX Signaling A Market Reversal?
• Hot Option Plays: Session Ends Flat
• Erskine Bowles On Paul Ryan: “Guy Is Amazing”
• Heading For An Unhappy Ending
• Wall Street Ends Flat, Gains Fade
• Data Deluge On Wednesday
• Look For The Silver Lining: Silver Swan Ready For Takeoff
• Stock Picks For Wednesday August 15
• Life Insurance: Term Vs. Whole Life
• Tuesday Afternoon Links

America’s New No. 2 Oil State – North Dakota – Sets More Eye-Popping Oil Production Records In June Posted: 14 Aug 2012 05:02 PM PDT The "Economic Miracle State" of North Dakota pumped another record amount of oil during the month of June at a rate of more than 660,000 barrels per day, which was an increase of 3.2% compared to oil production in May (see chart above).  North Dakota's record-setting oil output in June was noteworthy for several reasons: 1) The year-over-year increase in oil production of 71.1% in June followed annual increases of 75.5% in May and 73.5% in April, and those are the three largest … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Is The $VIX Signaling A Market Reversal? Posted: 14 Aug 2012 04:25 PM PDT The CBOE Market Volatility Index ($VIX) is currently sitting just above critical long term support, which has held since 2007. A bounce off this level could lead to a broader market decline. Here's more.. Critical Support The daily chart shows the $VIX tested the lower portion of the long term band of support at 13.65 yesterday and got an initial bounce from this level today. This band of support, which spans from 13.65 to about 15.00, has held firmly since 2007. Every time the $VIX drops … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Session Ends Flat Posted: 14 Aug 2012 03:25 PM PDT Cusick’s Corner 08-14-2012 The bid’s conviction, no matter how little the volume has been on the latest run, has been muted the last two sessions at best. This does give pause that in spite of good data, the real catalyst the last month has been the potential for large scale QE, which at this stage is not on the radar if you believe the data. Right now neither the bulls nor bears are painted in a corner (hence the range), and while there could be some pressure to the downside, the risk is still … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Erskine Bowles On Paul Ryan: “Guy Is Amazing” Posted: 14 Aug 2012 03:23 PM PDT Virtually every credible politician from both sides of the aisle points to the Simpson-Bowles plan as the blueprint for bringing real fiscal sanity back to America. With America sinking deeper into economic depression if not depravity,  plenty of politicians from both camps have made long careers out of "playing politics" with little sense of real caring or sanity. Little has been solved in Washington and America has suffered tremendously in the process. Having tried to be largely … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Heading For An Unhappy Ending Posted: 14 Aug 2012 02:34 PM PDT The way I see it, there are only two conclusions you can draw from the above: either Americans are unduly — even wildly — optimistic about their car-buying plans — and, by extension, their future prospects — or their ability to buy a new car depends on something other than their earning power and economic circumstances. If the latter, perhaps it has something to do with this: “Subprime Car Loans Return to Favor Among Auto Lenders” (Detroit News) Consumers without top-tier credit are … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Ends Flat, Gains Fade Posted: 14 Aug 2012 09:29 AM PDT 08/14/12 US stocks settled mostly unchanged, paring earlier gains. Retail sales beat expectations, posting its best monthly gain since February. Home Depot advanced following the retailer’s earnings … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Data Deluge On Wednesday Posted: 14 Aug 2012 02:02 PM PDT 08/14/12 The US economic calendar is packed on Wednesday. National and regional data, along with earnings from retailers will be … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Look For The Silver Lining: Silver Swan Ready For Takeoff Posted: 14 Aug 2012 01:53 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, especially in the South China Seas.  This may directly affect the world's supply of industrial metals such as graphite, rare earths, molybdenum and tungsten. Today 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 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stock Picks For Wednesday August 15 Posted: 14 Aug 2012 01:46 PM PDT ( click to enlarge ) PulteGroup (NYSE:PHM) is testing the resistance level. The uptrend is intact and a breakout higher is expected. Look for a break above the 12.92 level to enter longs.  ( click to enlarge ) American International Group, Inc. (NYSE:AIG) should pause around its resistance at $35 after recent rally in share price. The recent action in the stock is very promising. A possible breakout over $35 is very likely in the sessions ahead. However, the stock needs a rest here and I’d … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Life Insurance: Term Vs. Whole Life Posted: 14 Aug 2012 12:23 PM PDT 08/14/2012 InnerHarbor Advisors’ Michael J. Keating, CFP, talks about the benefits and the differences between term and whole life … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Tuesday Afternoon Links Posted: 14 Aug 2012 12:11 PM PDT 1. The “Van Indicator” Signals Economic Recovery  -  “How can we tell how small businesses are feeling? Find out how many vans they're buying (90% of vans are purchased by businesses). Van sales were up 32% in July over last year, a greater increase than every other vehicle type except sports cars.” 2.  Average sales at U.S. car dealerships are expected to rise to an all-time high of 805 vehicles this year, as the number of U.S. dealers remained flat the first half of 2012. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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