Tuesday, September 25, 2012

DailyMarkets.com - Crude Oil, Gold May Rise If Firm US Data Stokes Risk Appetite

DailyMarkets.com - Crude Oil, Gold May Rise If Firm US Data Stokes Risk Appetite

Crude Oil, Gold May Rise If Firm US Data Stokes Risk Appetite

Posted: 25 Sep 2012 04:08 AM PDT

Talking Points

Crude Oil, Copper May Rise as Firmer US Economic Data Underpins Risk Appetite
Gold and Silver to Find Support in Risk-On Markets on Ebbing US Dollar Demand
Euro Crisis Cues Sought as Merkel Meets with Draghi, Italy and Spain Sell Bonds

Commodities corrected narrowly higher overnight after yesterday's broad-based selloff. The spotlight turns to September's US Consumer Confidence reading and the Richmond Fed Manufacturing Index, with improvements expected on both … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Sheila Bair Rates Wall Street’s CEOs

Posted: 25 Sep 2012 02:51 AM PDT

Few people had as much interaction in the heat of battle with financial CEOs than former FDIC chair Sheila Bair. What does Ms. Bair think of both past and current chief executives on Wall Street?
American Banker provides a riveting review of the good, the bad, and the ugly according to Ms. Bair in writing, What Sheila Bair Really Thinks of Big Bank Execs,

Former Federal Deposit Insurance Corp. Chairman Sheila Bair was always known for speaking her mind, even when she ran the agency … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: Disappointing German News Turns EUR Bearish

Posted: 25 Sep 2012 01:00 AM PDT

Disappointing German News Turns EUR Bearish
A worse than expected German Ifo Business Climate indicator yesterday resulted in risk aversion among investors which caused the euro to extend its recent bearish trend. The news also weighed down on commodities, including crude oil which fell throughout the day. Today, several pieces of news have the potential to generate market volatility. Traders will want to pay attention to a speech from ECB President Draghi at 13:00 GMT, followed by the US CB … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Not Time To Get Nervous (yet)

Posted: 24 Sep 2012 12:03 AM PDT

I see that there has been a certain amount of hand wringing about the poor performance of the Dow Jones Transportation Average (see example here):
According to the basic version of this theory, if the Dow Jones Transport Average fails to confirm the strength of the Dow Jones Industrial Average, the market is headed for a correction. Industrials hit a fresh high Sept. 14 of 13,682 points. Dow transport stocks not only failed to confirm the gain, they lurched decidedly lower.

A tour around the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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