Tuesday, October 16, 2012

DailyMarkets.com - Too Much Coffee Causing Jitters For Bulls

DailyMarkets.com - Too Much Coffee Causing Jitters For Bulls

Too Much Coffee Causing Jitters For Bulls

Posted: 16 Oct 2012 08:18 AM PDT

Monday, October 15, 2012
Coffee prices are still trying to find a near-term bottom but the start of aggressive speculative and producer selling of late is keeping the market firmly in the bear camp. Many traders should watch for signs of commercial buying should prices move below 160.00 as an indication that the recent price sell-off has become overdone. Absence of buying below 160.00 sets up a potential test of the 2012 lows of 153.70.
Fundamentals
Arabica Coffee futures have turned cold … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dow Gains Triple Digits, Citi Up On Pandit Shocker

Posted: 16 Oct 2012 07:58 AM PDT

10/16/12 The major US stock averages spiked at the open, following Q3 earnings reports and optimism over progress in the Euro zone. CItigroup shares turned higher after CEO Vikram Pandit … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

IShares Nasdaq Biotechnology Index Fund (IBB)

Posted: 16 Oct 2012 07:18 AM PDT

Global Angst Should Not Dominate Public Policy – Carney

Posted: 16 Oct 2012 07:08 AM PDT

    The boost to financial markets from extraordinary central bank liquidity may not continue if economic fundamentals do not ultimately improve, warned Mark Carney, governor of the Bank of Canada.
    Investors should not be lulled into complacency by the low level of the VIX – a standard measure of market volatility – as a synchronous slowdown is under way in the global economy and financial markets could suddenly turn volatile.
    "The dampening … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Impact Of Obamacare On My Town

Posted: 16 Oct 2012 06:44 AM PDT

Have you already started to see and feel the impact of Obamacare on your healthcare plans specifically and your family budget overall? I am drawn to this topic today based on a message put out just yesterday by the lead selectman in our town. He writes,

We view the cost of health insurance and the new federal taxes and regulations that have been imposed on us to be unsustainable.  We cannot sit idly by during the next few years.  We have and will continue to take affirmative actions … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: Dollar Anticipate Release Of U.S. Core CPI

Posted: 16 Oct 2012 06:09 AM PDT

Dollar Anticipate Release of U.S. Core CPI
The U.S. Core CPI is the primary publication today that is set to determine the level of the USD when it is released at 12:30 GMT. The other main releases that are set to dominate forex trading, especially for currencies such as the Dollar and EUR is the publication of German ZEW Economic Sentiment and U.S TIC Long Term Purchases at 9:00 GMT and 13:30 GMT respectively. Traders may find good opportunities to enter the market following these vital … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Oct. 16, 2012: Fed Official Says Monetary Steps Were Too Timid

Posted: 16 Oct 2012 05:13 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.

Fed official says monetary steps were too timid (NYT)
Fed not anxious to remove easy policy – Dudley (Reuters)
Thai bonds decline after central banks says no need to cut rates … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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