Thursday, February 28, 2013

DailyMarkets.com - IShares Dow Jones U.S. Technology Sector Index Fund (IYW) : Take Profit @ $72.26

DailyMarkets.com - IShares Dow Jones U.S. Technology Sector Index Fund (IYW) : Take Profit @ $72.26


IShares Dow Jones U.S. Technology Sector Index Fund (IYW) : Take Profit @ $72.26

Posted: 28 Feb 2013 07:18 AM PST

IShares Dow Jones U.S. Telecommunications Sector Index Fund (IYZ) : Short Sell @ $23.95

Posted: 28 Feb 2013 07:15 AM PST

Jack Lew, Treasury Secretary: Is He Qualified?

Posted: 28 Feb 2013 06:13 AM PST

Jack Lew was confirmed yesterday to be the next Secretary of Treasury.
I am not impressed.
I questioned Lew's qualifications early on when inquiring as to Who Should/Will Be The Next Treasury Secretary? Nothing I have seen nor heard since has given me any greater degree of confidence in this appointment.
If anything I am less impressed now than before. Why so? Well, what exactly are the duties and functions of the US Treasury? From the US Treasury site, we learn the Secretary is charged … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Terry Savage Tells Washington To Stop Scaring America!

Posted: 28 Feb 2013 06:00 AM PST

Investors are facing a political March Madness that will likely end in a disappointing deadlock if Congress doesn't "start talking about a serious deal that includes the entire budget," writes my friend Terry Savage in a recent email. The U.S. government is continually at an impasse over a spending cut of only $85 billion. Few would doubt that the figure is enormous, however, it is "just 2 percent of our $3.6 trillion in annual Federal spending. Every American family with a job … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb. 28, 2013: Japan Nominates Kuroda As New Central Bank Chief

Posted: 28 Feb 2013 05:34 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Japan nominates new central bank chief (NYT)
RBA says up to 34 central banks holding Australian dollars (Bloomberg)
EU clinches deal to cap bankers’ bonuses (Reuters)
BOJ Kiuchi: Downside risks to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold, Crude Oil May Rebound On US 4Q GDP Upgrade

Posted: 28 Feb 2013 03:47 AM PST

Commodity prices are lagging firming risk appetite but an upward revision may spark a catch-up advance, with oil chasing stocks higher as gold gains on stimulus bets.
Talking Points

Crude Oil, Copper May Follow Risk Trends Higher on US GDP Upgrade
Gold and Silver Have Scope to Recovery on Global Stimulus Outlook

Commodity prices are showing notably mixed cues in European trade despite a pickup in risk appetite across European stock exchanges on the back of global monetary stimulus outlook. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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