Monday, February 4, 2013

DailyMarkets.com - Oil At Risk As US Austerity, Spain Scandal Spook Markets

DailyMarkets.com - Oil At Risk As US Austerity, Spain Scandal Spook Markets


Oil At Risk As US Austerity, Spain Scandal Spook Markets

Posted: 04 Feb 2013 02:48 AM PST

Crude oil may fall as worries about the recovery implications of US spending cuts and a corruption scandal in Spain drive down market-wide risk appetite.
Talking Points

Crude Oil and Copper at Risk if US Fiscal Woes, Spain Jitters Spook Risk Trends
Gold, Silver Prices May Advance Amid a Downward Correction in the US Dollar

The economic calendar is quiet to start the trading week, with nothing noteworthy except December's US Factory Orders on the docket. The lull in data-linked event risk … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Forex Trading: EUR/USD Hits 14-Month High Following Non-Farms Report

Posted: 04 Feb 2013 12:15 AM PST

EUR/USD Hits 14-Month High Following Non-Farms Report
The US dollar fell to a fresh 14-month low against the euro on Friday, following a disappointing Non-Farm Payrolls figure which reaffirmed speculations that the Fed will leave in place record low interest rates for the foreseeable future. This week, news out of the euro-zone is forecasted to have the biggest impact on the marketplace. Traders will want to pay attention to today’s Spanish Unemployment Change, the German Factory Orders figure … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Apple Inc Is A No Go For The Retail Investor

Posted: 03 Feb 2013 09:45 PM PST

When a love affair breaks up it’s hard to stay away. Let’s face it many consumers are still in love with Apple Inc stock. However it will be a mistake to re start the investment program until some clear price and volume relationships appear.

At the moment price has fallen from $700 to $450 (35.7%) and who is to say that it has stopped falling. The Richard Wyckoff law of effort vs result is very much in play with Apple Inc. Price is falling with high volume therefore effort (volume) is being … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Another Front Page Sell Signal?

Posted: 02 Feb 2013 01:33 PM PST

Recently, Barry Ritholz highlighted a New York Times front page article entitled As Worries Ebb, Small Investors Propel Markets as a contrarian Front Page Cover sell-signal.

Now, with the Dow at 14K, Barron’s has followed suit with a bullish headline:

Uh oh!

Cam Hui is a portfolio manager at Qwest Investment Fund Management Ltd. (“Qwest”). This article is prepared by Mr. Hui as an outside business activity. As such, Qwest does not review or approve materials presented herein. The … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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