Friday, August 3, 2012

DailyMarkets.com - Crude Oil, Gold Likely To Fall If US Jobs Data Underperforms

DailyMarkets.com - Crude Oil, Gold Likely To Fall If US Jobs Data Underperforms


Crude Oil, Gold Likely To Fall If US Jobs Data Underperforms

Posted: 02 Aug 2012 11:30 PM PDT

Talking Points

US Economic Data Set to be Interpreted in Terms of Growth, Not QE3
Crude Oil, Gold to Decline if US Jobs Growth Falls Short of Expectations

With the Fed and ECB rate decisions behind them, the markets have turned their attention to the US Employment report. Expectations call for the economy to add 100,000 jobs in July, marking a narrow improvement from the 80,000 increase recorded in the prior month. The Unemployment Rate is forecast to hold unchanged at 8.2 percent. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Examination Of AAPL Earnings Trade Idea – Part II

Posted: 02 Aug 2012 07:13 PM PDT

Last week we discussed some of the fundamental concepts necessary to understand both the behavior of options in the approach to earnings release and their reaction to the actual release itself. Our example was AAPL which indeed reported disappointing earnings on Tuesday, July 24.
We reviewed the fact that because of the risk associated with these events, many traders use options to define their risk and protect their trading capital. We posited three trades: bullish, bearish, and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Futures Trading On Friday, August 3, 2012

Posted: 02 Aug 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, August 3, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Sep ESU2
1362.00
− 0.62
1371.78
1362.92

Bearish

Dow Jones – Sep YMU2
12831
− 0.71
12929
12852

Bearish

Nasdaq – Sep NQU2
2618.50
− 0.25
2631.89
2601.58

Neutral

Russell – Sep TFU2
767.70
− 0.32
777.48
784.30

Bearish

INTEREST RATES

US T-Bond – Sep ZBU2
151-16
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For Forex Trading On Friday, August 3, 2012

Posted: 02 Aug 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Friday, August 3, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0465
+ 0.04
1.0495
1.0380

Neutral

EURUSD – Euro / US Dollar
1.2179
− 0.40
1.2264
1.2249

Bearish

GBPUSD – British Pound / US Dollar
1.5512
− 0.15
1.5607
1.5659

Bearish

USDCAD – US Dollar / Canadian Dollar
1.0072
+ 0.19
1.0039
1.0097

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 Friday, August 3, 2012

Posted: 02 Aug 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, August 3, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.18
− 2.97
8.38
8.31

Bearish

AXP – American Express Company
56.49
− 0.55
57.09
57.22

Bearish

BA – Boeing Co
71.99
− 1.07
73.16
74.27

Bearish

BAC – Bank of America Corporation
7.18
− 0.55
7.25
7.20

Bearish

CAT – Caterpillar Inc
83.12
+ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Trend Trader For ETF Trading On Friday, August 3, 2012

Posted: 02 Aug 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, August 3, 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
112.26
+ 0.02
112.37
112.38

Bearish

BND – Vanguard Total Bond Market ETF
85.10
+ 0.19
85.10
85.07

Neutral

DBC – DB Commodity Index Tracking Fd
27.06
− 0.84
27.23
27.17

Bearish

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


Wash, Rinse, Repeat?

Posted: 29 Jul 2012 12:18 AM PDT

Wow! The market’s ups and downs are getting more violent and the time frame of the moves are getting more compressed. When I wrote last Monday that the markets looked a little overbought and that it was maybe time for a little pullback (see Time for one step back?), I never expected the severity and speed of the downdraft.

On Wednesday, I had remarked to a friend that things looked a little overdone in Europe. The sense of panic was evident. 17 leading economists publicly warned that Europe … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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