Friday, September 28, 2012

DailyMarkets.com - The Media Is “The Enemy Of The American People”

DailyMarkets.com - The Media Is “The Enemy Of The American People”

The Media Is “The Enemy Of The American People”

Posted: 28 Sep 2012 03:23 PM PDT

Having written about the importance of truth, transparency, and integrity in relentless fashion since the launching of this blog almost 4 years ago, I will not ask for forgiveness or beg indulgence while running the video below. This commentary is not political. It is far more important than that.
If you care about the truth and our nation, watch this clip. Then do with it as you may. I for one plan on blasting this throughout the blogosphere in tireless fashion.
The pursuit of the truth means … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Sellers Took Control End Of Week After Hours

Posted: 28 Sep 2012 03:17 PM PDT

Cusick’s Corner 09-28-2012
I am on the road so this will be a shortened version. Sellers took control at the end of this week. We can expect there will be some volatility early into next week, we’ll find out if the bears catalyze further pressure. Check your positions and monitor your exit strategies. Have a good weekend.
Stock market averages fell on the final trading day of the third quarter. Poor economic data seemed to weigh on morning trading after a report showed personal incomes up .1 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dow Drops But Facebook Gets A ‘gift’

Posted: 28 Sep 2012 02:53 PM PDT

09/28/12 Stocks drifted lower in the final hour of trading Friday, but major averages were on track to post robust gains for September. Also, Facebook rose 6.5% after it unveiled a new ‘gift’ … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Faltering Chinese Demand Affecting A Broad Range Of Industries

Posted: 28 Sep 2012 02:16 PM PDT

While sporting goods manufacturer Nike late yesterday blamed its disappointing results on weak Chinese demand for its apparel and other products, it’s clear that faltering growth in that Asian nation is affecting a range of companies and industries. Here are just a few examples:
Fuel Oil
“Asia Fuel Oil-Weak On Cooling China Demand, Eye on Arb” (Reuters)
Shrinking demand for fuel oil in China for fuel oil in China weighed heavily on the Asian fuel oil market on Friday, while heavy arbitrage … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Colombia Keeps Rate Steady, Continues To Buy FX

Posted: 28 Sep 2012 01:13 PM PDT

    The central bank of Colombia kept its benchmark intervention rate unchanged at 4.75 percent, as expected by most economists, saying domestic demand was stronger-than-expected in the second quarter and inflation was close to the midpoint of the bank’s target range.
    Banco de la Republica Colombia also said it would buy a total of foreign currency worth $3 billion through daily auctions of at least $20 million between Oct. 1 and March, 29, 2013.
    “According … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Week Ahead: Central Banks, US Jobs Report In Focus

Posted: 28 Sep 2012 12:01 PM PDT

09/28/12 The upcoming trading week is packed on the global economic calendar. A slew of central bank rate decisions and PMI data will be coming out. The US jobs report tops off the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Meyers: “Next Week…volatile Up And Down Market”

Posted: 28 Sep 2012 11:56 AM PDT

09/28/12 DME Securities’ Warren P. Meyers weighs in on the latest global data and EU announcements. Next week’s event risk are discussed: central banks, US jobs report and global PMI … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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