Monday, August 13, 2012

DailyMarkets.com - Markets In Everything: Eyesight For The Blind

DailyMarkets.com - Markets In Everything: Eyesight For The Blind


Markets In Everything: Eyesight For The Blind

Posted: 13 Aug 2012 05:23 PM PDT

Bloomberg — “Blind mice had their vision restored with a device that helped diseased retinas send signals to the brain, according to a study that may lead to new prosthetic technology for millions of sight-impaired people.  The technology moves prosthetics beyond bright light and high-contrast recognition and may be adopted for human use within a year or two, said Sheila Nirenberg, a neuroscientist at Weill Cornell Medical College in New York and the study's lead author. 

"What … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Best Movie I’ve Seen In Years

Posted: 13 Aug 2012 04:51 PM PDT

If you haven’t yet seen the movie “Searching for Sugar Man,” I highly recommend that you do so, it’s excellent.  It’s got a 96% Tomato-Meter Rating from movie critics on RottenTomatoes.com and a 96% audience rating, which is almost unprecedented for a movie to rank so highly on both measures at the same time.  Watch the trailer above, and here’s a synopsis: 

Searching for Sugar Man tells the incredible true story of Rodriguez, the greatest 1970s rock icon who never was. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Scalpers Market

Posted: 13 Aug 2012 03:26 PM PDT

Cusick’s Corner 08-13-2012
There’s low volume and the big money is seemingly still on the sidelines, probably the rationale behind the market ranges that we have been recently experiencing. This tests the discipline of any trader but it also separates the weak hands from the strong. The data and earnings continue to be meager, but not enough for the Fed to back up their banter. The bounce of the Euro Currency, FXE, overnight and into the Midday has the market still range-bound. The S&Ps … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Watch Retail

Posted: 13 Aug 2012 03:26 PM PDT

Cusick’s Corner 08-13-2012
The range stayed true today, 1394.75 – 1404 on the S&P 500, so there is not much that either the Bulls or the Bears could hang their hats on. What may have the market staying in this range in the face of continued poor data (keep an eye on the EU GDP data) is the hope (which is not an investment strategy) that a stimulus is weighing in the balance. Taking a look at the earnings climate — Groupon (GRPN) reported after hours and the estimated move inferred … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Significant Medal Inequality Of The Olympics

Posted: 13 Aug 2012 03:07 PM PDT

As predicted in a recent CD post, there was a significant amount of “medal inequality” in the 2012 Summer Olympics, see the country shares above of the total 962 medals that were awarded this year to athletes from 85 countries.   Note the amazing similarity between the shares of adjusted gross income earned in the U.S. in 2008 and the country shares of Olympic medals awarded this year, in both cases by the top 5, 10, 25 and 50% of “participants” or “earners.”

The average person seems to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Groupon Extends Losses After Revenue Miss

Posted: 13 Aug 2012 02:58 PM PDT

08/13/12 Groupon shares posted a double digit percentage loss after its Q2 revenue miss. The daily deals web site also forecast disappointing Q3 operating income, as well as revenue coming in slightly below the expected … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks End Mixed, Snap Winning Streak

Posted: 13 Aug 2012 09:46 AM PDT

08/13/12 US stocks settled mixed, and came off session lows in light summer trading. Global growth worries were tempered by stimulus hopes, with profit-taking also coming in to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Here’s The Game Plan For AAPL

Posted: 13 Aug 2012 02:41 PM PDT

Apple, Inc. (AAPL) got a major breakout today after forming a very tight 5-day range last week. Monday's breakout could spark a solid multi-day advance in the days ahead. Here are the levels to watch for entries and targets.

5BNR Breakout
Apple got a major breakout from a 5-Bar Narrow Range (5BNR) price pattern today, which sparked a solid rally throughout the session.
A 5BNR develops when the current 5-day range is smaller than the 5-day ranges over the last x number of periods (usually 10 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


More And More Americans Are Reaching Into Their Wallets…

Posted: 13 Aug 2012 01:46 PM PDT

…and discovering that Wall Street’s long anticipated consumer revival is nothing more than a cruel joke, as the following reports attest:
“Recession Generation Opts to Rent Not Buy Houses to Cars” (Bloomberg)
The day Michael Anselmo signed a lease on his first apartment in New York City, he lost his job at Buck Consultants LLC. He spent about 10 months struggling to pay rent with unemployment benefits. Two years later he's still hesitant to buy a home or even a road bike.
"Every decision … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Gold: Just What I Was Hoping For

Posted: 13 Aug 2012 01:39 PM PDT

Gold has been stuck in a really impossible situation, at least as far as my understanding of the True Strength Index (TSI) indicator is concerned. It has been marching higher, nearly reaching $1630 yesterday, with no hope of getting but pennies further. The problem has been that on this rally the TSI had no where near the momentum of the previous rally, yet price was flirting with making a higher high. In technical jargon, gold was just dimes from sounding a negative divergence SELL … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Why A Mining Giant Is Partnering With A Project Generator In Colombia

Posted: 13 Aug 2012 01:16 PM PDT

Miranda has recently announced a significant alliance with Agnico Eagle, a $7.5 billion mining giant, to explore for gold in Colombia, one of the best countries to work in South America. Miranda already has a working relationship with Agnico in Nevada and Ester Dome in Alaska.
According to CEO Ken Cunningham, this deal will put over $2 million dollars into the Miranda treasury over two years, strengthening the companies financial position at a time when it is challenging for exploration … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Which Way Will The Pendulum Swing For Gold?

Posted: 13 Aug 2012 12:45 PM PDT

One of the most fascinating aspects when watching a sporting event like the Olympics is the historical statistics highlighting the tremendous advances in athleticism over the years. In the spirit of the events this summer, BTN Research compared gold's advancement from the beginning of the games in Beijing to the London Olympics.
On the day of China's auspicious opening ceremonies on August 8, 2008, gold was $857.80 an ounce. By the time the world watched the opening ceremonies of the 2012 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


US Retail Sales, Euro Zone GDP On Tap

Posted: 13 Aug 2012 12:36 PM PDT

08/13/12 Key economic data from the US and Euro zone will be closely monitored on Tuesday. US retail sales, EU 2Q GDP and the ZEW survey are amongst the slew of data scheduled for … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Gibson Pays $350,000 Fine + $2.4M In Legal Fees

Posted: 13 Aug 2012 12:32 PM PDT

In the video above, Gibson Guitar CEO Henry Juszkiewicz discusses with Mike Huckabee the $350,000 fine his company paid to the federal government, in addition to Gibson’s $2.4 million in legal fees, to avoid going to trial, which would have cost $5-6 million.  No charges have been … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


How About Minimum/Maximum Temperature Laws?

Posted: 13 Aug 2012 12:04 PM PDT

A version of the post below appeared on CD during the unusually cold winter of 2008-2009, and I present it again today, now that Rep. George Miller (D-Calif.) and more than 100 of his House Democratic colleagues have recently proposed legislation that would increase the minimum wage to almost $10 per hour:

Q: Couldn’t the government intervene in the market for temperature-reading equipment to counteract “excessively low” winter temperatures or “excessively high” summer temperatures , just like … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Polcari: “People Taking Money Off Table…after Recent Move”

Posted: 13 Aug 2012 11:03 AM PDT

08/13/12 ICAP Equities’ Kenneth Polcari talks about today’s pullback in US stocks, and discusses the key fundamentals affecting global equity markets: growth concerns, central bank stimulus expectations and economic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Crude Oil Fluctuates On Geopolitical Risk

Posted: 13 Aug 2012 05:20 AM PDT

08/13/12 Crude oil traded on both sides of the flat line in choppy trade. Geopolitical tensions weighed on concerns about supply, while worries about slowing global growth helped limit … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Dividend Stocks: When Should You Sell Them?

Posted: 13 Aug 2012 09:40 AM PDT

"Buy low and sell high" is the mantra of a lot of investors, but is less often adhered to by dividend investors who tend to subscribe to a “buy and hold” philosophy. They tend to be more comfortable holding onto their investments even as they soar in value because the focus is on the income, not the share price.
Indeed, some hardcore dividend growth investors, such as David van Knapp argue that you shouldn’t need to sell dividend stocks ever!
Why is that? van Knapp makes an interesting … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Sector Rotation Begins On QE Hope

Posted: 13 Aug 2012 12:11 AM PDT

The SP500 rally from June 4th 2012 was led by (believe it or not) Utilities. Or a defensive allocation of capital. This ended after ECB Presidents statements of ‘it will be enough’ and then funds moved out of defensive to aggressive sectors.

But or is it simply profit taking on the defensive rally, or a trend change. The @RTDEF::@RTPRD cycle suggest that a ‘risk on’ period is due, and this correlates with the expected bullish trend during a presidential cycle. Risk is on until the angry bear … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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