Wednesday, November 14, 2012

DailyMarkets.com - Doubling Up On Tax-Rate Increases

DailyMarkets.com - Doubling Up On Tax-Rate Increases


Doubling Up On Tax-Rate Increases

Posted: 14 Nov 2012 04:26 PM PST

Excuse me investors, but I thought you were aware of the fiscal cliff before the election; but, apparently not. I'm sorry you finally noticed, but glad that you don't approve. Beep! Beep!
The tax debate during the campaign left a lot to be desired—almost everything in fact. The Republicans overstated their case a bit, but the President ignored its fundamental correctness. And he won the election.
Now, given his post-election lines in the sand, he wants to rub that sand in. By golly, we … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks To Watch For November 15, 2012

Posted: 14 Nov 2012 02:33 PM PST

( click to enlarge )

Early this morning Facebook Inc (FB) started a rally that saw the stock break $20.63, its 50-day moving average. After that break, the stock soared to a high of $22.50 before closing the day at $22.28. The next point of interest is the 100-day moving average at $22.93. The technical daily chart shows bullish signa as MACD is back above 0 and %K line is on top over %D line. I think investors are starting to realize the value of these shares.

( click to enlarge … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Walmart Delivers Goodies To Your Door

Posted: 14 Nov 2012 02:23 PM PST

11/14/12 Walmart launched its monthly food subscription service at only $7 a month. The @WalmartLabs service delivers a touch of gourmet to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Dow Posts Triple-digit Drop, Facebook Jumps, & Teavana Brews Big Gains

Posted: 14 Nov 2012 02:08 PM PST

11/14/12 The Dow Jones posted a triple-digit loss Wednesday on fiscal cliff concerns, Israeli strikes in Gaza, and a dip in retail sales. Also, Facebook jumps, Teavana soars, and Cisco turns … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Contra-Kass Trade

Posted: 14 Nov 2012 01:51 PM PST

I'm concerned.  Ever since having made his "generational low" call in 2009, I seem to have always be winding up on the opposite side of a trade by Doug Kass, the head of Seabreeze Partners and prominently featured "talking head" … Continue reading … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Global Data, Big Box Retail Earnings On Tap

Posted: 14 Nov 2012 10:45 AM PST

11/14/12 Thursday will brings a slew of economic data from the US and the Euro zone, along with earnings from Wal-Mart and Target. Fed speeches are sprinkled throughout the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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