DailyMarkets.com - Stocks To Watch For November 09, 2012

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• Stocks To Watch For November 09, 2012
• Peru Holds Rate Steady, Sees Further Decline In Inflation
• Dow Drops 100+ Points & McDonald’s Sees First Sales Drop In 9 Years
• Wal-Mart Kicks Off Black Friday Early
• Hot Option Plays: Market Drifts On Ongoing Worries Midday
• US Consumer Sentiment, Chinese Data On Tap For Friday
• Chart Of The Week: Gold And An Ever-Growing Balance Sheet

Stocks To Watch For November 09, 2012 Posted: 08 Nov 2012 03:41 PM PST ( click to enlarge ) TiVo Inc.(NASDAQ:TIVO) seems to be forming a cup and handle pattern with 10.58 buy point. I consider this formation a predictor for higher prices. An upside breakout with high volume will confirm the formation. However, if the stock closes below the 200 day moving average, the upside breakout may not occur. Additionally, I also notice a golden cross on chart. The stock dropped a bit together with the market correction today.  ( click to enlarge )  JetBlue Airways … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Peru Holds Rate Steady, Sees Further Decline In Inflation Posted: 08 Nov 2012 03:40 PM PST     The central bank of Peru held its benchmark interest steady at 4.25 percent, as expected, saying the deviation in inflation from its target range was due to temporary supply side factors in a domestic environment where growth is close to potential and an external environment that is “highly uncertain.”     The Central Reserve Bank of Peru (BCRP), which has held interest rates steady since April 2001,  also said inflation, which again fell in October due to a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dow Drops 100+ Points & McDonald’s Sees First Sales Drop In 9 Years Posted: 08 Nov 2012 09:56 AM PST 11/08/12 The Big Board saw another brig loss Thursday over continuing “fiscal cliff” concerns. Meanwhile, McDonald’s took a hit after posting its first monthly sales drop in nine … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wal-Mart Kicks Off Black Friday Early Posted: 08 Nov 2012 02:22 PM PST 11/08/12 Wal-Mart will commence Black Friday 2012 while the turkey is still warm. The retailer kicks off the event at 8 p.m. on Thanksgiving … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Market Drifts On Ongoing Worries Midday Posted: 08 Nov 2012 01:18 PM PST Cusick’s Corner 11-08-2012 This is more of a scalpers market and it’s not one where you would be fading the current trend. You might consider trading the short-term trends and not marry a swing or long-term view. The sellers continue to crop up on any bounce in the equities, but in Crude this is not as prevalent as far as shorts stepping in actively after this wide range action. The Euro currency is firming up into the Midday as the headlines are less negative and have slowed to a trickle — I … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Consumer Sentiment, Chinese Data On Tap For Friday Posted: 08 Nov 2012 11:57 AM PST 11/08/12 The end of the week will bring a slew of global economic data … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Chart Of The Week: Gold And An Ever-Growing Balance Sheet Posted: 08 Nov 2012 11:20 AM PST While Americans were still submitting their ballots, gold rallied on the possibility of a President Barack Obama reelection. With presidential results confirmed, it appears that Ben Bernanke's job of hovering over the economy and dropping parachutes of money out of his helicopter is secure. "Gold could not have asked for a better outcome," with a second term for Obama, a Democratic Senate and Republican House, says UBS Investment Research. As the research firm explains in its morning … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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