DailyMarkets.com - Let’s Revisit: Will Uncle Sam Takeover Your IRA? Part II

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• Let’s Revisit: Will Uncle Sam Takeover Your IRA? Part II
• Daily EMA Compression And Key Inflection Level In AAPL
• Hot Option Plays: More Rhetoric From The Hill Midday
• The Third Quarter GDP Revisions–Better, But Not By Much
• Navidi: “Greek Debt Deal…sustainability Concerns”
• More Choppiness Ahead For Crude?
• ‪Economist On The Street: Focus On Data, Greece‬
• Fiscal Cliff Hopes Lift Oil Prices
• Euro Maintains Gains
• US Stocks Extend Gains On Fiscal Cliff Optimism

Let’s Revisit: Will Uncle Sam Takeover Your IRA? Part II Posted: 29 Nov 2012 11:53 AM PST With so much attention on the fiscal cliff and how Congress might address the issues surrounding our deficit, this commentary from this past April is going absolutely viral throughout the blogosphere today. I welcome reposting it. LD Those engaged in massive strategic maneuvers know all too well that progress is typically made not in one fell swoop but painstakingly inch by inch. With deficits beyond the scope of imagination but oh so very real, I cautioned people to keep a watchful eye on … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Daily EMA Compression And Key Inflection Level In AAPL Posted: 29 Nov 2012 11:44 AM PST I'm a big fan of observing EMA Compression set-ups on the charts and Apple (AAPL) is forming a clean pattern on the daily chart that may be worth your attention. Let's take a look at the daily chart key levels – and EMAs – to watch and then study the recent arc pattern and intraday divergences at work. Let's first focus on the Daily Moving Averages and how they can be helpful in planning trading strategies in AAPL. Cutting straight to the point, the $600 per share level is the key … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: More Rhetoric From The Hill Midday Posted: 29 Nov 2012 11:17 AM PST Cusick’s Corner 11-29-2012 As I noted yesterday, the headlines from Capitol Hill continue to be chopping the market into the Midday with Speaker Boehner coming out with what was perceived as negative comments. I think that this contention is going to continue for some time so that will dictate a lot of how one might trade this market — small and disciplined. The early morning rally was impressive but was getting to a level of pressure, ~1420 on the S&Ps, after an impressive run the last 4 … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

The Third Quarter GDP Revisions–Better, But Not By Much Posted: 29 Nov 2012 11:13 AM PST The second estimate of third quarter real GDP growth rate was 2.7 percent, up from 2.0 percent in the initial estimate. On the surface, that is a substantial improvement, but a look at the components makes it less so. In fact, the entire increase was accounted for by an increase of 0.77 percent in inventories, which are often hard to interpret. Inventory increases are desirable if businesses are responding to stronger demand, but undesirable if they reflect unanticipated slumping sales. In the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Navidi: “Greek Debt Deal…sustainability Concerns” Posted: 29 Nov 2012 10:16 AM PST 11/29/12 BeyondGlobal’s Sandra Navidi weighs in on worries over the Greek debt deal, EU economic data, and Argentina’s debt … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

More Choppiness Ahead For Crude? Posted: 29 Nov 2012 09:18 AM PST Thursday, November 29, 2012 With the cease-fire in Gaza holding up for the time being and the market well supplied, Crude Oil has been trading based on outside markets. Yesterday’s EIA figures offered little market noise for some traders, but, bigger picture, the market is extremely well supplied. The Fiscal Cliff talks between legislators could have a much more meaningful impact on the Oil market than API and EIA data. Technically, the chart and other indicators hint at further choppy trading. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

‪Economist On The Street: Focus On Data, Greece‬ Posted: 29 Nov 2012 09:13 AM PST 11/29/12 Meridian Equity Partners’ Stephen Guilfoyle discusses the latest economic data releases and Friday’s German vote on the Greek debt … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Fiscal Cliff Hopes Lift Oil Prices Posted: 29 Nov 2012 03:35 AM PST 11/29/12 Optimism about a resolution to the US fiscal quiff and upbeat US economic data led the way for a rebound in front month crude prices Thursday … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Maintains Gains Posted: 29 Nov 2012 03:32 AM PST 11/29/12 The euro held onto gains Thursday morning following an upbeat initial jobless claims … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Stocks Extend Gains On Fiscal Cliff Optimism Posted: 29 Nov 2012 08:14 AM PST 11/29/12 Wall Street opened higher on optimism that a budget deal will be reached in Washington D.C. before the fiscal cliff deadline. US Q3 GDP expanded by 2.7% while jobless claims … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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