Monday, November 12, 2012

DailyMarkets.com - Stocks Flat On Veterans Day Volume Drop & Fiscal Cliff Concerns

DailyMarkets.com - Stocks Flat On Veterans Day Volume Drop & Fiscal Cliff Concerns

Stocks Flat On Veterans Day Volume Drop & Fiscal Cliff Concerns

Posted: 12 Nov 2012 02:12 PM PST

11/12/12 Stocks continued to trade near the flatline on thin trade Monday as ongoing worries over Europe’s economy and the looming “fiscal cliff” put a limit on … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

A Portrait Of Two Presidents

Posted: 12 Nov 2012 12:30 PM PST

Last Friday, President Obama addressed the two topics that have been on many equity investors' minds since election night: the economy and the dreaded "fiscal cliff." In his speech, he delivered his familiar plan to combine spending cuts with increasing revenue by raising taxes on the wealthiest Americans. That's "how we did it in the 1990s, when Bill Clinton was president," says the president.
Clinton's legacy was forged under a very different global scenario. He took the reigns … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Light & Choppy Midday

Posted: 12 Nov 2012 11:17 AM PST

Cusick’s Corner 11-12-2012
The market has been choppy on very light volume that’s most likely due to the bond markets being closed. I still think that that action last week rewarded the shorts but by week’s end the momentum that they enjoyed has subsided. This potentially means that we could see some short traders start to cover, giving the upside some catalyst if there is pressure to cover. Gold on the other hand has been on a tear to the upside, but currently it is at resistance. A break … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Cardillo: “Another Choppy Week…will Probably Test Support Levels”

Posted: 12 Nov 2012 10:31 AM PST

11/12/12 Rockwell Global Capital’s Peter Cardillo discusses the near-term and medium-term outlook for the US equity market and the global … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Inches Higher On Greece Parliament Vote

Posted: 12 Nov 2012 08:13 AM PST

11/12/12 After Greece’s ruling coalition secured enough votes in Parliament to approve a tough 2013 budget, the euro was inching slightly higher against the dollar Monday … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Prices Dip On Looming Fiscal Cliff Concerns

Posted: 12 Nov 2012 03:12 AM PST

11/12/12 As traders continue to worry over the looming fiscal cliff and if lawmakers and the President will reach an agreement by the January 2nd deadline, front month crude prices continued to trade lower to start the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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