Wednesday, September 5, 2012

DailyMarkets.com - Bear Market

DailyMarkets.com - Bear Market


Bear Market

Posted: 05 Sep 2012 04:22 PM PDT

The World Economic Forum is out with its latest Global Competitiveness Report and as you can see, the yearly U.S. rankings are in a fairly well-defined trend:

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


America’s Real Fiscal Problem: Federal Gov’t Has Become A Gigantic Wealth-Transfer Machine

Posted: 05 Sep 2012 03:35 PM PDT

The charts above illustrate two disturbing trends that help frame the long-run fiscal challenges confronting the U.S. that far outweigh any possible near-term fallout from the pending "fiscal cliff" that the federal government faces at the end of this year.

1. The top chart above (data here, see Table 6.1) displays the increasing share of the federal government's spending on "payments to individuals," based on actual data from the Office of Management and Budget (OMB) for the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: Waiting On ECB

Posted: 05 Sep 2012 03:18 PM PDT

Cusick’s Corner 09-05-2012
The market is sitting on two events this week — the ECB in the morning tomorrow and the Jobs data on Friday. With all the ECB headlines and the types of potential monetary bullets they might shoot, it almost feels like whatever is formally announced could be an already priced event, potentially opening the door for a letdown. See you Midday.
Stock market averages finished mixed, with Disney (NYSE:DIS) helping to lift the Dow Jones Industrial Average to positive … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks End Little Changed

Posted: 05 Sep 2012 09:45 AM PDT

09/05/12 Stocks were in a narrow range during a choppy trading session Wednesday as investors remained cautious ahead of the ECB meeting later this … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Nokia Unveils New Lumia Devices

Posted: 05 Sep 2012 01:54 PM PDT

09/05/12 Nokia introduced its Lumia 920 and Lumia 820 devices. The smartphones are powered by the Windows Phone 8 operating … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: 3 Up, 3 Down

Posted: 05 Sep 2012 12:17 PM PDT

Cusick’s Corner 09-05-2012
The market continues to stay in the grinding trade; many traders are waiting for the employment data into the end of the week. Right now Equities are in a range where a break to the upside, 1420 on the S&Ps, could pave the way for a potential challenge of highs and a break on the downside, 1385 on the S&Ps, could trigger a reevaluation of the overall trend of the Equities which has been up. Also, watch the Industrial Metals, Copper — if there is a break to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Trulia’s Asking Home Price Index Increased By 2.3% In August, The Biggest Increase Since The Recession

Posted: 05 Sep 2012 11:36 AM PDT

From Trulia's press release today: 
Trulia today released the latest findings from the Trulia Price Monitor, the earliest leading indicator available of trends in home prices. Based on the for-sale homes listed on Trulia, this monitor takes into account changes in the mix of listed homes and reflect trends in prices for similar homes in similar neighborhoods through August 31, 2012. (Note: The Price Monitor leads the commonly watched sales price indexes by several months, see details … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


All Eyes On The ECB

Posted: 05 Sep 2012 08:32 AM PDT

09/05/12 The ECB and BoE will announce its rate decision on Thursday. Plenty of focus will be on what ECB President Draghi will deliver. US employment figures will be released ahead of Friday’s NFP … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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