Friday, January 11, 2013

DailyMarkets.com - 7 Stocks To Watch Next Week

DailyMarkets.com - 7 Stocks To Watch Next Week


7 Stocks To Watch Next Week

Posted: 11 Jan 2013 03:14 PM PST

( click to enlarge )

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) Looks like this is it !!! The stock finally broke resistance at $1.75 with a big spread and large volume. On the daily time-frame,  it looks like the resistance that was broken ( horizontal white line ) was part of an ascending triangle with a possible price target of $2.50. In addition, the stock closed above its 50-day SMA for the first time since late October. Watch the stock closely next week.

( click to enlarge … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Take A Break, Close Flat To End Week

Posted: 11 Jan 2013 02:15 PM PST

01/11/13 Stocks traded near the flatline in a lackluster Friday, appearing to take a break ahead of next week’s barrage of earnings … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Thomas Vittielo On Slumping Gold Prices

Posted: 11 Jan 2013 09:09 AM PST

01/11/13 Thomas Vittielo of Aurum Options Strategies addresses the gold market and its sluggish start to the year. He also adds what he expects from gold in the short-term and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Mozambique Holds Rate But Cuts Monetary Base Target

Posted: 11 Jan 2013 01:46 PM PST

    Mozambique’s central bank held its benchmark standing facility rate steady at 9.50 percent but said it would reduce the monetary base to 38.50 billion meticais by the end of January to help meet its 2013 goals of 6.5 percent inflation and 8.4 percent real economic growth.
    The Bank of Mozambique (CPMO), which cut its key rate by 550 basis points in 2012, said inflation in southern Africa had been relatively stable due to good harvests, the decline in international … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bank Of Korea Cuts 2013 Growth And Inflation Forecasts

Posted: 11 Jan 2013 01:04 PM PST

    The Bank of Korea (BOK) cut its forecast for economic growth and inflation in 2013 and said the pace of recovery in the first half of this year would be below South Korea’s long-term trend.
    BOK, which held its base rate steady at 2.75 percent on Thursday, said in its Economic Outlook for 2013 that the contribution of exports to overall growth this year would continue to outstrip that of domestic demand, as in 2012.
    “Exports are expected to show faster … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Current Weakness In Gold May Be Buying Opportunity

Posted: 11 Jan 2013 12:05 PM PST

Despite current weakness in gold around the $1650 area we expect a turnaround in gold with a new leg up to $1800 area and eventual breakout at $2000 in 2013.  Despite noises heard in the Fed minutes of a purported exit from quantitative easing, Central Banks around the world have flooded the markets with fiat currency.
Around the world gold has outstripped every competitive currency for the past ten years, yet the mainstream fail to understand the importance of owning gold and the gold … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Cardillo: “Talk Of Fiscal Cliff…keep Consumers, Corporations From Opening Pocketbooks”

Posted: 11 Jan 2013 10:30 AM PST

01/11/13 Rockwell Global Capital’s Peter Cardillo recaps this week’s developments and offer this outlook for global fundamentals, earnings and central … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Week Ahead: Global Data, Earnings Reports On Tap

Posted: 11 Jan 2013 08:54 AM PST

01/11/13 The upcoming trading week brings a slew of global economic data, Fed speeches and key quarterly earnings … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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