Friday, August 10, 2012

DailyMarkets.com - Coin Scalping: Dime Sells For 16M X Face Value

DailyMarkets.com - Coin Scalping: Dime Sells For 16M X Face Value


Coin Scalping: Dime Sells For 16M X Face Value

Posted: 10 Aug 2012 04:22 PM PDT

The 1873 dime pictured above just sold for $1.6 million at auction, with strong interest and bidding from four or five serious buyers.  Here are the details.

A Michigan lawmaker plans to introduce legislation that would limit the price of tickets for concerts and sporting events to no more than 10 percent above their face value when sold on the secondary market.  State representative Douglas Geiss was upset when he found some $100 Detroit Tigers tickets selling on StubHub for … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Bounce On Low Volume

Posted: 10 Aug 2012 02:25 PM PDT

Cusick’s Corner 08-10-2012
Equities finished in the green but light volume plagued the session. I actually shut down early this afternoon, not forcing the trade and spent some time with the family. Take the weekend to look at your trade plans and manage August positions. Have a good weekend.
Market action was listless throughout most of Friday’s session, but a round of buying interest surfaced in the final hour and lifted equity benchmarks to session highs into the closing bell. Concerns about … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


A Vision Of Our Future?

Posted: 10 Aug 2012 02:17 PM PDT

“Pitchfork-Wielding Virginia Farmers Rally Against Birthday Party Fine” (Fox News)

Pitchfork-wielding Virginia farmers rallied to support a woman who claims local officials came down on her for, among other things, hosting a children’s birthday party on her spread.
Martha Boneta, owner of Liberty Farms in the northern village of Paris, was threatened with nearly $5,000 in fines for selling produce and crafts and throwing unlicensed events, including a birthday party for her best friend’s … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


US Stocks Continue Winning Streak

Posted: 10 Aug 2012 02:06 PM PDT

08/10/12 The major equity averages logged another weekly advance. The Dow and S&P 500 pared earlier session weakness to post its fifth consecutive weekly … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Not Even A Bronze Medal For The Command-and-Control Approach To Olympic Tickets In London

Posted: 10 Aug 2012 12:59 PM PDT

The Fan Freedom Project has been tracking the Summer Olympic ticket fiasco, here’s a sample of links below that document how despite the high demand for tickets, there have been a lot of half-empty stadiums because of the lack of an efficient secondary market for tickets.  The economic lesson is that any shortage or surplus is almost always the result of a failure to allow market pricing, and/or preventing markets to operate.     

1. “No Gold Medal for Olympic Ticket … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


GOOG To 1626?

Posted: 10 Aug 2012 12:01 PM PDT

There couldn't ever have been a more interesting and exciting IPO than the GOOG (Google).  I last focused in on GOOG back on June 12, 2007 when I wrote: As a precursor of its novel approaches to problems, whether technical … Continue reading … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Markets In Everything: Indoor RV Park In N.D.

Posted: 10 Aug 2012 11:46 AM PDT

The video above comes from KARE-11 in Minneapolis, and features the world’s first “Indoor RV Park,” currently under construction near Williston, North Dakota, as one creative solution to the area’s housing shortage.  When completed this fall, the RV complex will accommodate 240 campers at a cost of about $1,500 dollars per month. There will be hook ups for sewer, water, and electricity, and fresh air will also be pumped in to each unit.  
  … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: China Weighs On The Market

Posted: 10 Aug 2012 11:26 AM PDT

Cusick’s Corner 08-10-2012
The data overnight from China did not help the Commodities markets, and really confirmed the potentially deepening bearish move in Nat Gas, UNG. Moving on to the options market — I am looking at starting to roll my August positions to September. I want to get ahead of the curve and any potential pop in volatility into expiration next week, offers me an opportunity to get this work done in front of the weekend. See you After Hours.
Global equity markets are lower on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Major IJ Victory For Economic Liberty In Utah

Posted: 10 Aug 2012 11:21 AM PDT

In April 2011, I featured the Institute for Justice’s lawsuit challenging Utah’s cosmetology cartel on behalf of African hairbraider Jestina Clayton. Prior to the Utah case, the Institute for Justice had successfully challenged state cosmetology regulations in seven states on behalf of hairbraiders, and had never lost a case.  IJ’s record against state cosmetology cartels is now 8-0 with a favorable ruling this week in Utah, here are the details:

1. Salt Lake Tribune — A federal judge … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cardillo: “Suspect…we Will Continue To Rally”

Posted: 10 Aug 2012 10:41 AM PDT

08/10/12 Rockwell Global Capital’s Peter Cardillo with his expectations for stimulus actions from the PBoC, ECB and the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Pew Research’s Latest News IQ Quiz

Posted: 10 Aug 2012 10:40 AM PDT

Test your knowledge about the candidates and the election by taking Pew’s 11-question quiz.  Pretty easy … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Slides As Ernesto Weakens, Demand Slows

Posted: 10 Aug 2012 05:00 AM PDT

08/10/12 US crude oil futures are trading lower at the end of the week. Tropical Storm Ernesto weakened to a depression, and eased concerns about supply disruptions. The IEA cut its global oil demand forecasts for 2012 and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For ETF Trading On Monday, August 13, 2012

Posted: 10 Aug 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Monday, August 13, 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
111.87
+ 0.16
111.78
111.88

Neutral

BND – Vanguard Total Bond Market ETF
84.68
+ 0.12
84.63
84.69

Neutral

DBC – DB Commodity Index Tracking Fd
28.05
− 0.53
28.05
27.91

Neutral

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 Monday, August 13, 2012

Posted: 10 Aug 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Monday, August 13, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1402.50
+ 0.14
1398.25
1397.83

Bullish

Dow Jones – Sep YMU2
13172
+ 0.26
13125
13130

Bullish

Nasdaq – Sep NQU2
2721.00
+ 0.12
2712.81
2705.33

Bullish

Russell – Sep TFU2
799.00
− 0.36
798.76
796.57

Bullish

INTEREST RATES

US T-Bond – Sep ZBU2
148-27
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Stock Trading On Monday, August 13, 2012

Posted: 10 Aug 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Monday, August 13, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.98
+ 1.35
8.81
8.78

Bullish

AXP – American Express Company
55.85
− 1.10
56.85
56.54

Bearish

BA – Boeing Co
74.21
− 0.09
74.26
73.87

Neutral

BAC – Bank of America Corporation
7.74
+ 0.26
7.70
7.68

Bullish

CAT – Caterpillar Inc
88.94
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Forex Trading On Monday, August 13, 2012

Posted: 10 Aug 2012 05:03 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Monday, August 13, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0575
− 0.06
1.0565
1.0561

Bullish

EURUSD – Euro / US Dollar
1.2289
− 0.13
1.2322
1.2324

Bearish

GBPUSD – British Pound / US Dollar
1.5684
+ 0.29
1.5644
1.5644

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9908
− 0.01
0.9935
0.9945

Bearish

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


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