Friday, September 28, 2012

DailyMarkets.com - Commodities May Fall As Euro Belt-Tightening Threatens Global Growth

DailyMarkets.com - Commodities May Fall As Euro Belt-Tightening Threatens Global Growth


Commodities May Fall As Euro Belt-Tightening Threatens Global Growth

Posted: 28 Sep 2012 01:56 AM PDT

Talking Points

Commodities Rise Ahead of French Budget, Spanish Bank Stress Test Results
Risk Appetite May Unravel if Fiscal Consolidation Threatens Global Outlook

Commodities are on the upswing in early trade amid a broad-based advance in risk appetite as traders encouraged by yesterday's release of an ambitious Spanish budget await a similar result from France. Sentiment-linked crude oil and copper prices are following shares higher while gold and silver are buoyed by ebbing haven demand … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Forex Trading: Euro Extends Bearish Trend

Posted: 28 Sep 2012 01:11 AM PDT

Euro Extends Bearish Trend
Concerns regarding Spain and Greece’s ability to tackle their debt issues caused the euro to extend its recent bearish trend throughout the day yesterday. Crude oil saw fairly significant gains during the first half of the day due to an increase in Middle East tensions, but its upward movement was halted following the release of disappointing news out of the US. As markets get ready to close for the weekend, traders should note that a lack of significant news out of … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Junior Miners (GDXJ) Are Outperforming Gold Bullion (GLD)

Posted: 27 Sep 2012 10:07 PM PDT

Jeb Handwerger, editor of GoldStockTrades.com, says the technicals are lining up for precious metals players, not just the fundamentals.

The fundamentals for gold and silver appear to be making a positive turn as the US, ECB and Bank of Japan simultaneously signals Worldwide QE3. The charts are just beginning to make new uptrends and may have much more room to go. One must remember both gold and silver have not made new inflation adjusted highs despite record sovereign debt levels and a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


What Excessive Bullishness?

Posted: 25 Sep 2012 12:17 AM PDT

There was a lot of comments over the weekend about how investor sentiment is getting excessively bullish and it is time to be more cautious about stocks. In particular, there was a lot of references to the Barrons Santoli article about too much complacency. One reader cited charts of Rydex cash levels, asset allocation, money market funds allocations and the VIX Index as reasons to be bearish.

Oh! How a week of sideways consolidation deflated bullish sentiment. On Monday, I woke to see … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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