Monday, November 26, 2012

DailyMarkets.com - Hot Option Plays: Chop, Chop, Who’s There? Midday

DailyMarkets.com - Hot Option Plays: Chop, Chop, Who’s There? Midday


Hot Option Plays: Chop, Chop, Who’s There? Midday

Posted: 26 Nov 2012 11:17 AM PST

Cusick’s Corner 11-26-2012
The market is meeting expectations into the Midday after an impressive run last week. We had a decent drop and then a pop which has the bulls still in control, holding critical levels of 1400 on the S&Ps, but now just grinding into the After Hours. The shiny metal, Gold, continues to hold mid-term support, the 50 day moving average, and the longs do not seem to be making many adjustments at this stage. The headlines continue to flow out of the EU and the Euro … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


The Advantages Of Using Seismic Data For Uranium Exploration In The Athabasca Basin

Posted: 26 Nov 2012 11:16 AM PST

Recently Athabasca Uranium (UAX.V or ATURF) engaged the uranium exploration geophysical team at the University of Saskatchewan (USASK) which is led by Dr. Zoltan Hajnal.  The Emeritus Professor is a leading expert in the use of seismic to discover uranium.

Dr. Hajnal played a key role in the discovery of Hathor's Roughrider Deposit and Cameco's McArthur River Mine, the largest high grade uranium mine in the world.  Dr. Hajnal sees similarities in the seismic data at Athabasca … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Cardillo: “US Equities…seeing Profit-taking”

Posted: 26 Nov 2012 10:49 AM PST

11/26/12 Rockwell Global Capital’s Peter Cardillo weighs in on the latest US equity market action following Friday’s rally. Ongoing global uncertainty and political issues are … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Crude Traders In A Buying Mood On “Black Friday”

Posted: 26 Nov 2012 09:18 AM PST

Monday, November 26, 2012
Oil’s rally on Friday despite a temporary halt to hostilities in the Middle East may be signaling that bulls could be regaining the upper hand, despite ample U.S. Crude inventories and lower demand by E.U countries due to continued economic uncertainties.
Fundamentals
Some Crude Oil traders were in a buying mood on “Black Friday” despite a ceasefire now in place between Israel and Hamas in Gaza. It appears that market participants may be focusing on outside … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Yen Rebounds On Profit Taking

Posted: 26 Nov 2012 03:45 AM PST

11/26/12 Recent profit-taking paved the way for a slide in riskier assets Monday morning. Therefore having the euro slide against the yen for the first time in six … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Wall Street Retreats From Black Friday Rally

Posted: 26 Nov 2012 08:15 AM PST

11/26/12 US stocks opened lower as uncertainty over the “fiscal cliff’ and Greece’s debt dragged on risk sentiment. Knight Capital Group rallied on reports that its market-making operations may be … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Canada’s Carney To Become Bank Of England Governor

Posted: 26 Nov 2012 08:12 AM PST

    The U.K. government has appointed Mark Carney, the highly-regarded governor of the Bank of Canada (BOC), as the next governor of the Bank of England (BOE), surprising commentators that had put their money on Paul Tucker to replace Sir Mervyn King on July 1, 2013.
    Tucker, deputy governor at the BOE, had topped the list of candidates to replace King, who retires after 10 years as governor, after Carney had said he would not be applying for the job.
  … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Lying With Words As Well As Statistics

Posted: 26 Nov 2012 08:09 AM PST

"When I use a word," Humpty Dumpty said . . . "it means just what I choose it to mean, neither more nor less."
"The question is," said Alice, "whether you can make words mean so many different things."
We had a lot of lying with statistics in the recent campaign, and it continues as attention shifts to the fiscal cliff. But we also lie with our choice of words. For example, saying that "millionaires and billionaires should pay their fair share of taxes" is not a lie, but tax … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Israel Holds Rate, No Inflation Pressure, Growth Moderate

Posted: 26 Nov 2012 08:04 AM PST

    Israel’s central bank left its policy interest rate steady at 2.0 percent, saying inflationary pressures were not visible and the economy is expected to continue to expand moderately in coming months.
    The Bank of Israel (BOI), which last month cut its rates for the third time this year for a total reduction of 75 basis points, said “the level of economic risk from around the world remains high, and with it the concerns over negative effects on the local … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Angola Holds Rate Steady As Inflation Rises Slightly

Posted: 26 Nov 2012 07:43 AM PST

    The central bank of Angola kept its base rate (BNA) unchanged at 10.25 percent, noting the inflation rate had ticked up slightly in October while credit to the economy expanded by a monthly 1.94 percent for an increase of 19.45 percent since the start of the year.
    Banco Nacional de Angola has held its base rate steady all year and the inflation rate rose 0.91 percent in October from September for an annual rate of 9.76 percent, up from September’s rate of 9.65 … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Dip, Spain Votes, & Black Friday Sales Soar

Posted: 26 Nov 2012 02:42 AM PST

11/26/12 The new week started with global stocks in the red. Also, Spain held elections and Black Friday sales reached record … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Falls As Israel-Hamas Truce Holds

Posted: 26 Nov 2012 02:41 AM PST

11/26/12 Oil prices were lower Monday morning as the truce between Israel and Hamas appeared to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Nov 26, 2012: Bank Of England Set To Name New Governor At 1030 EST

Posted: 26 Nov 2012 06:39 AM PST

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.)

Bank of England set to name new governor (BBC)
BOJ rift surfaces over easing as political debate heats up (Reuters)
Brazil Copom expected to hold steady at 7.25% Weds (MNI)
UK regulator fines UBS … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


David Malpass’ Fiscal Cliff Playbook And Likely Outcome

Posted: 26 Nov 2012 05:54 AM PST

Both political parties in Washington have provided plenty of posturing but little of real substance publicly in terms of what might happen in the negotiations over the impending fiscal cliff. Do you get the sense that we are facing a train wreck precipitating a real economic recession under  the watchful eyes of incompetent political engineers?
What are the real issues on the table and the potential likely scenarios that may play out? Forget the noise provided by the political pundits. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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