DailyMarkets.com - Oil Rises Amid Calls For Iranian Sanctions, Consumer Confidence

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• Oil Rises Amid Calls For Iranian Sanctions, Consumer Confidence
• Europe Falls As S&P Cuts Growth Forecasts In Europe And Asia
• Crude Oil Levels And Structure To Watch September 25
• Wall Street Higher After US Data Releases
• (Still) Not Time To Be Betting On The Return Of The Consumer

Oil Rises Amid Calls For Iranian Sanctions, Consumer Confidence Posted: 25 Sep 2012 09:09 AM PDT 09/25/12 Front month crude prices were on the upside Tuesday morning just ahead of consumer confidence data as calls for tougher sanctions on Iran have pushed prices … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Europe Falls As S&P Cuts Growth Forecasts In Europe And Asia Posted: 25 Sep 2012 03:27 AM PDT 09/25/12 European stocks were lower Tuesday morning and US stocks were slightly higher ahead of consumer confidence data as the S&P cut its forecast on the eurozone and some Asian nations. Also, Caterpillar cuts its earnings and US home prices … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Crude Oil Levels And Structure To Watch September 25 Posted: 25 Sep 2012 08:05 AM PDT I think a lot of traders were surprised with the sharp sell-off last week in Crude Oil from the $100 resistance level. Let's take a look at the weekly and daily chart to learn the key levels to watch and what structure suggests about potential opportunities in the near future. First, we have the Weekly Chart perspective which shows a very broad consolidation pattern: We see Oil's rising trend structure beginning with the early 2009 bottom all the way to the mid-2011 and the consolidation … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Higher After US Data Releases Posted: 25 Sep 2012 07:57 AM PDT 09/25/12 US stocks extended gains following the release of a better-than-expected reading of consumer confidence. Caterpillar slide after the company slashed its 2015 earnings … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

(Still) Not Time To Be Betting On The Return Of The Consumer Posted: 25 Sep 2012 01:37 AM PDT Even with today’s stronger-than-expected reading for September, the Conference Board’s Consumer Confidence Index has not kept pace with increases in many traditional indicators of economic well-being, and it remains signicantly below where it was prior to the financial crisis. Among the possible reasons for the differential: broad-scale indicators are either overstating how good current conditions are do not adequately describe circumstances at the micro (e.g., household) level; a large … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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