Tuesday, September 11, 2012

DailyMarkets.com - Reversal Time?

DailyMarkets.com - Reversal Time?


Reversal Time?

Posted: 11 Sep 2012 02:54 PM PDT

There’s an old market saying that positions tend to match convictions. If investors are bullish, it’s (naturally) assumed that they are betting on the upside, and vice versa.
However, if things reach a point where too many are positioned in the same way, especially where price trends have reinforced those views, it has often set the stage for a sudden and occasionally violent move in the other direction. That’s one reason why many market-watchers try to keep tabs on sentiment.
While the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Watchlist For Wednesday, September 12

Posted: 11 Sep 2012 02:25 PM PDT

( click to enlarge )

Groupon Inc (GRPN) is on the verge of really blowing up. I would not be surprised to see the stock test $5 at some point over the next few days. The technical chart shows a possible reversal in trend coming. GRPN has been hit very hard but today's move could be the first of a short-term swing. The stock opened weak but closed strong above the 13 & 20 MA’s for the first time since mid-August on heavy volume. From the technical chart, KD line shows positive signals … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Big Board Rises Ahead Of Germany, Fed Meeting

Posted: 11 Sep 2012 09:16 AM PDT

09/11/12 The Dow Jones saw another session of gains as investors look ahead to Wednesday’s German court decision and the beginning of the Fed’s 2-day … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Serwinski: “Corzine May Have To Go To Jail”

Posted: 11 Sep 2012 01:09 PM PDT

The MF Global scandal is now in the rear view mirror, right?
Not so fast.
Although I am not optimistic that "this" Department of Justice would pursue Jon Corzine and other executives involved in the misappropriation of MF Global customer funds, the intrigue surrounding this travesty has life.
On that note, let's "get Jon Corzine back out here" so we can take another swing at this pinata. How so? Let's go to the videotape as Fox Business' Charlie Gasparino reports, 

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


Advances In Drilling Technologies Lower Costs

Posted: 11 Sep 2012 01:01 PM PDT

EIA’s “Today in Energy” reports on how “Developments in drilling methods and technology are leading to efficiency gains for oil and natural gas producers”:

1. “For example, “pad” drilling techniques allow rig operators to drill groups of wells more efficiently, because improved rig mobility reduces the time it takes to move from one well location to the next, while reducing the overall surface footprint. A drilling pad is a location which houses the wellheads for a number of horizontally … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Hot Option Plays: No Red Flags

Posted: 11 Sep 2012 12:17 PM PDT

Cusick’s Corner 09-12-2012
Is a corrective move on the horizon? The market moved nicely in the morning trade but has again stalled at resistance. This is the second session where we have seen this type of action — push to the upside on the open only to hit resistance and move back to support. Whether it is in S&P sectors like the Consumer Discretionary or Tech, they all have been squeezing up higher only to hit resistance at the recent highs. While we could see some higher prices into the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Why Are The Silver Miners Outperforming?

Posted: 11 Sep 2012 11:25 AM PDT

We have seen major developments in the silver mining sector (SIL) which shows that the majors are hungry for the juniors.  Coeur D'Alene (NYSE:CDE) has made some strategic investments in some juniors silver explorers in British Columbia and Mexico, Hecla (NYSE:HL) made a bid for U.S. Silver and Silver Wheaton (NYSE:SLW) has signed its first major royalty deal in years.  This signals that the smart money believes we are near a bottom and we may just be at the beginning of a major move in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Medical Exam: Applying For Life Insurance

Posted: 07 Sep 2012 05:21 AM PDT

09/11/12 InnerHarbor Advisors’ Michael J. Keating, CFP, talks about the finer details of the life insurance medical exam. Helpful preparation tips are discussed for the all-important … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Midweek Calendar Packed To The Gills

Posted: 05 Sep 2012 12:22 PM PDT

09/11/12 The long-awaited German constitutional court ruling on the EFSF and ESM will take place. The FOMC meeting will begin on Wednesday. Meanwhile, Apple is expected its next-gen … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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