Tuesday, September 18, 2012

DailyMarkets.com - Polcari: “Fed Sitting With Checkbook…everyone Knows It”

DailyMarkets.com - Polcari: “Fed Sitting With Checkbook…everyone Knows It”


Polcari: “Fed Sitting With Checkbook…everyone Knows It”

Posted: 18 Sep 2012 10:37 AM PDT

09/18/12 ICAP Equities’ Kenneth Polcari talks fundamentals and technicals affecting US markets. Ahead of the upcoming earnings season, Polcari weighs in on expectations for the key event … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Slide Continues

Posted: 18 Sep 2012 03:44 AM PDT

09/18/12 Less than one day after an unexplained sharp drop in crude prices, the slide continues as oil falls below $96 a barrel Tuesday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Slide Continues, Risk Aversion Remains

Posted: 18 Sep 2012 08:04 AM PDT

09/18/12 The euro fell from the strongest levels in four months against the dollar and the yen following continued negative European … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Turn Mixed On Homebuilder Sentiment

Posted: 18 Sep 2012 08:02 AM PDT

09/18/12 US stocks came off session lows following the NAHB’s housing market index rose to its highest level in over six years. FedEx shares slipped after the company cuts its profit … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Builder Confidence Index Rises In September To 6-Yr. High, With Largest 12-Month Gain In History

Posted: 18 Sep 2012 07:54 AM PDT

From today's report from the National Association of Home Builders:
September 18, 2012 – Builder confidence in the market for newly built, single-family homes rose for a fifth consecutive month in September to a level of 40 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).  This latest three-point gain brings the index to its highest reading since June of 2006 (see chart above).

"This fifth consecutive month of improvement in builder confidence … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Romney Asks “THE” Urban Education Question

Posted: 18 Sep 2012 07:52 AM PDT

America has a problem dealing with the truth. You do not think so? Then why is it that NOBODY  — and I mean NOBODY — in our mainstream media deals substantively with the following:
1. urban graduation rates
2. family structures in general and the rate of single parent births specifically
3. the fallout from both 1 and 2
If anybody seemingly comes close to these third rails, then the likes of Chris Matthews and others seem to rally to the defense and pull out the race card. Well, I … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


US Economy Not Like Aircraft With Stall Speed – BIS Paper

Posted: 18 Sep 2012 07:38 AM PDT

    The use of the aeronautical term “stalling” to describe the U.S. economy’s low pace of growth is problematic because economies – unlike aircraft pilots that crash if they make mistakes – are self-correcting and ultimately return to growth, according to a paper from the Bank for International Settlements (BIS).
    Some commentators have compared the U.S. economy to an aircraft, saying it is close to “stall speed” when it will lose altitude, spin downward and crash … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


IPhone 5 Sets New Pre-order Record

Posted: 18 Sep 2012 07:37 AM PDT

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


European Data Sends Stocks Lower

Posted: 18 Sep 2012 02:32 AM PDT

09/18/12 Unimpressive European economic reports helped pave the way for stock prices to slide Tuesday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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