DailyMarkets.com - Knight Capital Gets Lifeline

Knight Capital Gets Lifeline
Wall Street Settles At Three-month Highs
The Race For Resources
A Slightly Different Take On The Recent “Good News”
RBA Rate Decision Highlights Data Calendar
Bought DUST @ $46.25
Markets In Everything: Salt Gun For Shooting Flies
Mogavero: “Today’s Gains: People Feel Better About Europe”
The Trend Trader For Forex Trading On Tuesday, August 7, 2012
The Trend Trader For Stock Trading On Tuesday, August 7, 2012
The Trend Trader For ETF Trading On Tuesday, August 7, 2012
The Trend Trader For Futures Trading On Tuesday, August 7, 2012

Posted: 06 Aug 2012 02:11 PM PDT

08/06/12 Knight Capital Group reached a multimillion dollar financing deal. The company avoided a collapse after it incurred a $440 mln trading loss due to a software … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Settles At Three-month Highs

Posted: 06 Aug 2012 09:04 AM PDT

08/06/12 The Dow managed to close higher, but pared its gains heading into the close. US equities advanced on ECB speculation: Merkel’s government backed the ECB’s bond buying plan, Greece and the troika agree to strengthen … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Race For Resources

Posted: 06 Aug 2012 02:00 PM PDT

The world watched in awe as American swimmer Michael Phelps became the most decorated Olympian of all time. I've read he's been training in the pool for an average of 6 hours a day, 6 days per week, which equates to about 30,000 hours since age 13 and about 10,000 calories burned during a training day. It's inspiring to see the incredible results of his tremendous sacrifice and commitment.
Investing in global markets requires the same sort of stamina, especially at times like this week, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

A Slightly Different Take On The Recent “Good News”

Posted: 06 Aug 2012 01:54 PM PDT

Companies in the S&P 500 had been beating earnings estimates at a higher rate than in a typical quarter, providing ammunition for those who believe that bottom-line growth is what has been driving share prices higher. But a post at Thomson Reuters’ Alpha Now blog gives us a slightly different take on the recent “good news”:.
These second-quarter reports may not be as rosy as these figures make them seem, however. That's because underneath the headline-grabbing growth in profitability, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

RBA Rate Decision Highlights Data Calendar

Posted: 06 Aug 2012 08:42 AM PDT

08/06/12 The global economic calendar will include the RBA rate decision and UK data releases. It will be light on US economic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Bought DUST @ $46.25

Posted: 06 Aug 2012 01:03 PM PDT

Good to be home, I guess. I’m just back from a brief 2 week family driving excursion through Texas, New Mexico, Arizona, California, Nevada, Utah and Colorado. The weather at Venice Beach and along the coast of CA was wonderful. I cannot say the same for the 111 degrees that greeted our return on ugly boring and State Trooper infested Highway 287 in Texas.

Looks like gold has remained stuck within a longer term and shorter term pennant while I was away. The True Strength Index (TSI) on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Markets In Everything: Salt Gun For Shooting Flies

Posted: 06 Aug 2012 12:56 PM PDT

The original salt gun for shooting flies from Bug-a-Salt.

HT: Robert … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Mogavero: “Today’s Gains: People Feel Better About Europe”

Posted: 06 Aug 2012 10:36 AM PDT

08/06/12 Mogevero, Lee & Company’s Doreen Mogavero weighs in on today’s extended equity market gains, and FOMC stimulus expectations. The recent rally in crude oil futures and the near-term outlook for the commodity are … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards