Monday, August 20, 2012

DailyMarkets.com - California Puts Raw Dairy Farmers In Jail; While In France, Raw Milk Is Sold In Vending Machines

DailyMarkets.com - California Puts Raw Dairy Farmers In Jail; While In France, Raw Milk Is Sold In Vending Machines


California Puts Raw Dairy Farmers In Jail; While In France, Raw Milk Is Sold In Vending Machines

Posted: 20 Aug 2012 04:24 PM PDT

Given the response to my post yesterday about raw milk, here’s a re-post of a previous CD post and discussion on raw milk: 

Natural News — “65-year-old senior citizen James Stewart, a California farmer with no criminal history, was nearly tortured to death in the LA County jail this past week. He survived a “week of torturous Hell” at the hands of LA County jail keepers who subjected him to starvation, sleep deprivation, hypothermia, loss of blood circulation to extremities, verbal … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Bulls And Bears Chopping Around

Posted: 20 Aug 2012 04:13 PM PDT

Cusick’s Corner 08-20-2012
The market thinks it is on vacation, chopping around breakeven for another session. One market where the action has not been positive, other than Bonds, has been Copper, JJC. This industrial metal has been beaten up and if it does not firm up at these levels then it may cast a shadow on potential growth. But what lets the Bulls sleep a little easier tonight, after poor data and earnings — that this is the best that shorts could muster. What could have happened if … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Hold Steady, Start Week Flat

Posted: 20 Aug 2012 10:42 AM PDT

08/20/12 US equities were little changed to start the new trading week following a lack of economic data and scattered ECB reports. Meanwhile, Apple managed to hit another new high and officially become the biggest stock … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Tuesday’s Stocks To Watch, Aug 21

Posted: 20 Aug 2012 02:46 PM PDT

 ( click to enlarge )

Shares of JetBlue Airways Corporation (NASDAQ:JBLU) continue to look strong above $5. The stock looks to have put in a short-term bottom. A close above 5.29 could spark another round of momentum buying. Looking at the technical chart, the MACD just crossed and is often a great sign for reversal trends. Hold with a stop-loss at $5.05 and use a trailing stop-loss in the event of an upward move.

  ( click to enlarge )

JPMorgan Chase & Co. (NYSE:JPM) is getting … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


It’s That Time Of Year, Again

Posted: 20 Aug 2012 01:56 PM PDT

Things are looking up this holiday season:
“As School Bells Ring, Retailers Start Listening for Sleigh Bells” (Reuters)
U.S. retailers expect another solid showing this holiday season, as summertime surveys and shipments show that companies are placing big orders even as some remain cautious about the economy.
A report from the National Retail Federation showed that increases are expected in imports during August, September and October, critical months when chains get their merchandise from … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Most Interesting Sentence I Read Today

Posted: 20 Aug 2012 01:29 PM PDT

“Belize, a Central American nation with an economy the size of Pine Bluff, Arkansas, is running out of money to pay its debts.”

~Today’s WSJ
MP: Actually, the economy of Pine Bluff in 2010 at $3.2 billion, was more than twice the size of Belize’s $1.4 billion GDP in 2011, although adjusting for purchasing power parity brings Belize’s GDP up to $2.8 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


GM Recalls Midsize SUVs

Posted: 20 Aug 2012 01:26 PM PDT

08/20/12 General Motors is recalling 249,260 midsize sport utility vehicles to remedy a potential fire … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Leading Index Predicts Slow, Continuing Expansion

Posted: 20 Aug 2012 12:55 PM PDT

I’m reporting a few days late that The Conference Board released its Leading Economic Index for July last Friday, and the 10-component composite forecasting index is indicating a positive, but slow economic expansion going forward. Sound familiar? We’ve been hearing that a lot lately. Here are some of the details:

The U.S. Leading Economic Index (LEI) increased 0.4 percent in July to 95.8, following a 0.4 percent decline in June, and a 0.3 percent increase in May, matching the index level in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Light Economic Calendar For Tuesday

Posted: 20 Aug 2012 06:07 AM PDT

08/20/12 The global economic calendar will be light with only a handful of earnings and data releases on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Forex Trading On Tuesday, August 21, 2012

Posted: 20 Aug 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, August 21, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0443
+ 0.26
1.0465
1.0466

Bearish

EURUSD – Euro / US Dollar
1.2344
+ 0.11
1.2332
1.2324

Bullish

GBPUSD – British Pound / US Dollar
1.5706
+ 0.11
1.5702
1.5690

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9885
− 0.09
0.9882
0.9898

Neutral

USDCHF – US Dollar / … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Stock Trading On Tuesday, August 21, 2012

Posted: 20 Aug 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, August 21, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.80
+ 0.57
8.77
8.78

Bullish

AXP – American Express Company
56.90
− 1.20
57.20
56.88

Neutral

BA – Boeing Co
73.83
− 0.11
73.65
73.70

Bullish

BAC – Bank of America Corporation
8.15
+ 1.88
8.01
7.93

Bullish

CAT – Caterpillar Inc
90.44
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For ETF Trading On Tuesday, August 21, 2012

Posted: 20 Aug 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, August 21, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
111.19
− 0.04
111.18
111.40

Neutral

BND – Vanguard Total Bond Market ETF
84.19
− 0.05
84.19
84.33

Neutral

DBC – DB Commodity Index Tracking Fd
28.38
+ 0.46
28.24
28.12

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Futures Trading On Tuesday, August 21, 2012

Posted: 20 Aug 2012 05:33 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, August 21, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1414.75
− 0.04
1412.81
1408.75

Bullish

Dow Jones – Sep YMU2
13229
− 0.14
13223
13192

Bullish

Nasdaq – Sep NQU2
2780.00
+ 0.14
2769.64
2754.08

Bullish

Russell – Sep TFU2
815.20
− 0.16
811.97
807.73

Bullish

INTEREST RATES

US T-Bond – Sep ZBU2
146-04
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Getting Bullish, But First Wait For A Pullback

Posted: 20 Aug 2012 12:15 AM PDT

I had written before that I was seeing signs of healing in global markets, except for the US (see What to do for the rest of 2012). With the recent strength we had been seeing in stocks, I am now finally seeing signs of a bullish resolution to the risk-on/risk-off trade.

Consider the relative performance chart of the Morgan Stanley Cyclical Index, shown in black, and the relative performance of Utilities against the market show below. Recently, cyclical stocks have staged a bullish reversal … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Love Trade Cools As Central Banks’ Gold Demand Heats Up

Posted: 19 Aug 2012 10:00 PM PDT

The two largest gold buyers in the world that largely drive the Love Trade, China and India, underwhelmed the metals market with their subdued demand for the yellow metal during the second quarter of this year.
According to the World Gold Council's (WGC) quarterly Gold Demand Trends report, total demand was 990 tons, which was about 7 percent lower compared to the second quarter of 2011. When you break down demand and look at the jewelry sector, you can see that Chindia remains about 50 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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