Monday, March 11, 2013

DailyMarkets.com - Central Bank News Link List – Mar 11, 2013: BOJ Nominee Vows Swift Action As Orders Data Disappoints

DailyMarkets.com - Central Bank News Link List – Mar 11, 2013: BOJ Nominee Vows Swift Action As Orders Data Disappoints


Central Bank News Link List – Mar 11, 2013: BOJ Nominee Vows Swift Action As Orders Data Disappoints

Posted: 11 Mar 2013 12:50 AM PDT

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.

BOJ nominee vows swift action as orders data disappoints (Reuters)
China Feb bank lending eases, policy seen neutral (Reuters)
Australia central bank says no information lost in cyber attacks … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Watch Out For Stop Busting In Silver

Posted: 11 Mar 2013 12:33 AM PDT

The markets are a game, like any game you have to have a feel for the other guy’s tactics. This is why fundamental traders get slammed, for example Apple Inc may get $1000, however it may be via $300 first.

Silver and gold are widely followed. Both markets have very strong fundamentals that should see very high prices in the years to come. Professional traders knowing the wider passion for a trend can use the open market to shake and rattle weak hands to allow themselves to buy silver from … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

An Unconvincing Breakout

Posted: 05 Mar 2013 09:34 PM PST

Breakout or fakeout? The Dow hit an all-time high yesterday, but I found the breakout technically unconvincing as it was unaccompanied by negative divergences. First of all, the upside breakout was achieved on low volume and volume had generally been declining since this advance began on February 26.

In addition, the chart below of NYSE new highs – new lows is not confirming the advance either. The NH-NL differential achieved a recent high on January 24, but the current upside breakout saw a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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