Friday, September 7, 2012

DailyMarkets.com - Hot Option Plays: No Fading

DailyMarkets.com - Hot Option Plays: No Fading


Hot Option Plays: No Fading

Posted: 07 Sep 2012 11:18 AM PDT

Cusick’s Corner 09-07-2012
The data keeps coming in mixed to unexpected and the QE-ers continue to hold out hope (not a strategy by the way) that the Fed now will have to act. In the short-term, the catalysts are still in the bullish camp and now we get to listen to all the pundits discuss what the Fed will do. If Bonds continue to slide into the After Hours then there is probably no fade at this juncture, especially in Energies & Precious Metals. Tech is mixed today and the Blue Chips are … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cardillo: “Jobs Report…increases Likelihood Of Fed Launching Another Program”

Posted: 07 Sep 2012 10:29 AM PDT

09/07/12 Rockwell Global Capital’s Peter Cardillo discusses the implications of the US employment on the Fed’s monetary policy. The German constitutional court decision on the ESM is also … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Investors Preparing For QE3 As Gold And Silver Skyrocket

Posted: 07 Sep 2012 09:59 AM PDT

Silver (SLV) is breaking out past $30 and the trend is moving higher as the Fed signals that they are now ready to pull the trigger and boost the economy possibly as early as the next Open Market Meeting in the middle of September.  Silver is regaining the 200 day moving average on a breathtaking move.  Even though we have the general equity markets at record highs, economic conditions all around the world are not showing evidence of a recovery…yet.
The equity markets (SPY) … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


There’s One Place With Jobs, Jobs, And More Jobs

Posted: 07 Sep 2012 08:53 AM PDT

The jobs report today was pretty grim even though the jobless rate fell to 8.1%.  But there’s at least one place where the job market is booming like never before, where the state jobless rate is only 3%, where there are ten counties with jobless rates below 2% and where one county with a jaw-dropping 0.7% unemployment rate: North Dakota.

Here’s a news report on America’s hottest job market, and here’s a video version of that report.  

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


Oil Sees Light Drop On US Jobs Data

Posted: 07 Sep 2012 03:15 AM PDT

09/07/12 A smaller-than-expected drop in nonfarm payrolls helped pave the way for a slight decline in front month crude prices Friday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Labor Market Weakness Can Be Traced To The Biggest Loss Of Government Jobs Since WWII

Posted: 07 Sep 2012 07:55 AM PDT

I don’t think this issue has received much (any?) attention:

Most of the weakness in the U.S. labor market, the stubbornly high unemployment rate, and the slow rate of overall job creation can be traced to the ongoing decreases in government jobs, see chart above.  

The top chart above shows that since January 2010, more than 4.5 million jobs have been created in the private sector and the employment level today is 4.3% higher than at the beginning of 2010.  Over the same period, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Wall Street Flat On Weak Jobs Report

Posted: 07 Sep 2012 07:51 AM PDT

09/07/12 US stocks turned flat following the August employment report. NFP gained by only 96k jobs, while the unemployment rate fell to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Dollar Drops As A Rise In Nonfarm Payrolls Comes Up Short

Posted: 07 Sep 2012 02:42 AM PDT

09/07/12 The dollar saw continued losses Friday morning following a smaller-than-expected rise in nonfarm … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Global Market Rise Continues

Posted: 07 Sep 2012 02:31 AM PDT

09/07/12 Global markets were higher Friday morning following stimulus measures in China and as optimism over the ECB carries over from the previous … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Mexico Keeps Rate Steady, Warns Of Hike If Inflation Rises

Posted: 07 Sep 2012 07:04 AM PDT

    The central bank of Mexico left its benchmark interest rate unchanged at 4.5 percent, as widely expected, but warned that it may have to raise rates if inflationary pressures continues to build.
    Banco de Mexico said it still believes the current level of interest rates would ensure that inflation declines towards the bank’s target on a permanent basis, but over the next few months inflation is expected to continue to remain at levels above 4 percent.
  … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


September Employment Report: 368k Exit Labor Pool

Posted: 07 Sep 2012 06:32 AM PDT

The September employment report was just released. Many analysts, economists, and political hacks will regurgitate the numbers 8.1 and 96k. These numbers represent respectively the current unemployment rate and the increase in non-farm payrolls.
While these numbers are of very real interest, they are not the most important number to gauge the health of our overall economy. What number is most important? 368k. What does that represent?
That number is the decrease in the overall labor force, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Sept 7, 2012

Posted: 07 Sep 2012 06:00 AM PDT

     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Job growth brakes in August, seen forcing Fed’s hand (Reuters)
New Zealand central bank Governor to head Apec secretariat (Bernama.com)
Investors expect Libor to be replaced … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


A Young Ben Bernanke?

Posted: 07 Sep 2012 04:33 AM PDT

“He always knew what he wanted to be when he grew … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Note On WS Atkins By Murakami

Posted: 07 Sep 2012 03:53 AM PDT

Note On Vodafone By Edward Croft

Posted: 07 Sep 2012 03:39 AM PDT

Not much liking the lack of EPS Growth … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Note On Abcam By Edward Croft

Posted: 07 Sep 2012 03:36 AM PDT

Abcam is currently on a forecast PE ratio of almost 25x. Far too expensive. But still such a high quality stock. It’s looking increasingly ready for a breakout that could take it up to a P/E of 35x or so. … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Not On SOCO International By Edward Croft

Posted: 07 Sep 2012 03:10 AM PDT

Interesting Relative Strength going on here. Will this … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Not On Globo By Edward Croft

Posted: 07 Sep 2012 02:45 AM PDT

I like the fact that this company is showing good momentum. RS 1m is high at 15%. PEG is low. Will be interesting to see how this … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


No comments:

Post a Comment