DailyMarkets.com - BUY DUST @ $36.80

BUY DUST @ $36.80
The ‘One Strike And You’re Out’ Economy
Hot Option Plays: Watch Claims Data
Thursday’s Stocks To Watch, Aug 23 2012
Namibia Cuts Rate 50 Bps To 5.50% To Counter Weak Outlook
Stocks Mixed As Fed Leaves Open Possibility For Stimulus
Stingy Liberal, Exhibit A: Joe Biden
PayPal To Expand Presence In Retail Stores
Is Dividend Growth Investing Enthusiasm Inflating A Bubble?
Global PMI Data, US Jobless Claims On Tap
The Trend Trader For Futures Trading On Thursday, August 23, 2012
The Trend Trader For Forex Trading On Thursday, August 23, 2012
The Trend Trader For ETF Trading On Thursday, August 23, 2012
The Trend Trader For Stock Trading On Thursday, August 23, 2012

Posted: 22 Aug 2012 04:32 PM PDT

In my previous post I wrote that gold did just what I expected and hoped for – it fell enough, however briefly, to set up this week’s exciting breakout above the 200 dma. I was strongly tempted to buy NUGT late in last Thursday’s session as it appeared to fulfill my expectations. But I was immersed with focus that I needed to place elsewhere, so the rocket left without my being on board.

NUGT is up 15+% since last Friday and that is OK. When these things happen I chose … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The ‘One Strike And You’re Out’ Economy

Posted: 22 Aug 2012 04:04 PM PDT

“Forget the dreams — how do we make it ’til tomorrow. Tomorrow’s the dream.”
While bad news is fantastic news for the easy money addicts on Wall Street, it’s a whole other story for the millions of desperate Americans who share the fate of the eight families profiled in the forthcoming documentary, American … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Watch Claims Data

Posted: 22 Aug 2012 03:14 PM PDT

Cusick’s Corner 08-22-2012
To say that a day a trend makes would be presumptuous, meaning the market came off the worst levels, 1404 on the S&Ps, to finish the day revolved around unchanged. So the battle continues between 1400 and 1425 on the S&Ps with the bid continuing to pick up on the dips. While the intraday trend was looking weak, it just never played out that way and it would be hard to say that the close did nothing more than confirm that the bulls are at the ready to buy dips. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Thursday’s Stocks To Watch, Aug 23 2012

Posted: 22 Aug 2012 02:55 PM PDT

( click to enlarge )

Shares of Zynga Inc (ZNGA) were up 29 cents or 9.76% to $3.26 per share on 2x average volume, after JMP Securities initiated coverage with a market outperform rating and PT $4.50. The stock has been on a down trend since it reached 52 weeks high of $15.91 in early March. Looking at the technical chart after today’s action, the stock looks like it will try for a gap fill as it broke the gap down. The RSI and CMF indicators are also signalling Buy. The stock can be a good … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Namibia Cuts Rate 50 Bps To 5.50% To Counter Weak Outlook

Posted: 22 Aug 2012 02:32 PM PDT

The Bank of Namibia cut its benchmark repurchase rate by 50 basis points to 5.50 percent to counter the potential negative drag on the domestic economy from lower global growth.
The central bank of Namibia said inflationary pressures were rising but its monetary policy committee had concluded that inflation would remain within tolerable, single-digit ranges and official reserves remained sufficient to support the currency peg.
The uncertain state of the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Mixed As Fed Leaves Open Possibility For Stimulus

Posted: 22 Aug 2012 02:12 PM PDT

08/22/12 Global stocks traded mixed Wednesday after the Federal Reserve left open the possibility for another round of monetary … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stingy Liberal, Exhibit A: Joe Biden

Posted: 22 Aug 2012 02:12 PM PDT

From Jeff Jacoby’s column today “Stingy Liberals”:

Liberals, popular stereotypes notwithstanding, are not more generous and compassionate than conservatives. To an outsider it might seem plausible that Americans whose political rhetoric emphasizes “fairness” and “social justice” would be more charitably inclined than those who stress economic liberty and individual autonomy. But reams of evidence contradict that presumption, as Syracuse University professor Arthur Brooks demonstrated in his … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

PayPal To Expand Presence In Retail Stores

Posted: 22 Aug 2012 01:57 PM PDT

08/22/12 PayPal is expanding its payment services to brick-and-mortar stores with its partnership with Discover Financial … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Is Dividend Growth Investing Enthusiasm Inflating A Bubble?

Posted: 22 Aug 2012 10:55 AM PDT

Recent months have seen a huge surge of investment into dividend stocks, especially in the United States. A July Wall Street Journal article, “Investors Testing the Limits of Defence”, noted that, in the prior three months, traditional dividend-paying industries including telecom (13.7%) and utilities (7.5%) had far outperformed the broad Samp;P 500 (-1.2%). According to EPFR Global, investors have plowed a net $16 billion into U.S. dividend equity funds in 2012, vs. $25 billion … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Global PMI Data, US Jobless Claims On Tap

Posted: 22 Aug 2012 05:42 AM PDT

08/17/12 The upcoming trading week brings global flash PMI readings on manufacturing and services. The FOMC minutes, housing data and durable goods orders highlight the US … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards