DailyMarkets.com - Stocks See Triple-digit Dive On “cliff ” Concerns

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• Stocks See Triple-digit Dive On “cliff ” Concerns
• Trinidad & Tobago Holds Rate To Boost Growth, CPI Slows
• IShares PHLX SOX Semiconductor Sector Index Fund (SOXX) : Take Profit @ $5216
• Costa: “Cliff Talks…don’t Think They’ll Be Able To Agree”
• Oil Dives On Fiscal Cliff, Falls Below $89
• Dollar Rises On Fiscal Cliff-led Risk Aversion
• Using A Put Butterfly To Trade Cummins Inc.
• Armenia Holds Rate Steady, Sees Inflation Around 4 Pct
• Holiday-shortened Week Up Ahead

Stocks See Triple-digit Dive On “cliff ” Concerns Posted: 21 Dec 2012 02:15 PM PST 12/21/12 Stocks were taking a dive heading into close of the trading week as yet another setback in talks regarding the “fiscal cliff” lifted fears a deal will not be reached before the end of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Trinidad & Tobago Holds Rate To Boost Growth, CPI Slows Posted: 21 Dec 2012 01:31 PM PST     The Central Bank of Trinidad and Tobago kept its benchmark repurchase rate unchanged at 2.75 percent, saying it was maintaining an accommodative policy stance to support economic growth while inflationary pressures were under control.     The central bank, which cut rates by 25 basis points in September, said economic activity was likely to remain subdued in the third quarter and the slow pace of growth in “consumer and business credit suggests that demand has not picked … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares PHLX SOX Semiconductor Sector Index Fund (SOXX) : Take Profit @ $5216 Posted: 21 Dec 2012 11:18 AM PST TAKE PROFIT (+1.44%) … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Costa: “Cliff Talks…don’t Think They’ll Be Able To Agree” Posted: 21 Dec 2012 10:20 AM PST 12/21/12 Empire Executions’ Peter P. Costa weighs in on today’s equity market selloff and expectations for ‘fiscal cliff’ … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Dives On Fiscal Cliff, Falls Below $89 Posted: 21 Dec 2012 10:04 AM PST 12/21/12 Oil prices fell to near $89 a barrel Friday as doubts intensified over whether or not lawmakers could reach a deal on the fiscal … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Rises On Fiscal Cliff-led Risk Aversion Posted: 21 Dec 2012 05:02 AM PST 12/21/12 The dollar rose against its higher yieldng counterparts Friday as talks to resolve the fiscal cliff stalled and lifted concerns the world’s largest economy could enter … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Using A Put Butterfly To Trade Cummins Inc. Posted: 21 Dec 2012 09:44 AM PST J.W Jones: www.OptionsTradingSignals.com Entomologists tell us that a group of butterflies can, at the choice of the writer, be termed a lek, a rabble, or a swarm. I was first struck today by the bearish Fibonacci based pattern initially described by Larry Pesavento termed a bearish butterfly which had completed in heavy engine manufacturer Cummins Incorporated (symbol CMI). As improbable as it might be, I was pleased to find that a high probability option structure that could be used to trade … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Armenia Holds Rate Steady, Sees Inflation Around 4 Pct Posted: 21 Dec 2012 09:29 AM PST     The Central Bank of Armenia (CBA) held its benchmark refinancing rate steady at 8.0 percent in light of a weak inflationary environment with the annual inflation rate expected to approach the bank’s 4 percent target and remain around that level over the three-year forecast horizon.     CBA, which has held its refinancing rate steady since September 2011, said inflation rose by 1.4 percent in November for an annual increase of 3.6 percent, close to its confidence band. In … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Holiday-shortened Week Up Ahead Posted: 21 Dec 2012 08:32 AM PST 12/21/12 The upcoming trading week will be a holiday-shortened one. US housing data and regional manufacturing figures are scheduled for … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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