Thursday, March 28, 2013

DailyMarkets.com - Dow & S&P Both End Shortened Week At All-time High

DailyMarkets.com - Dow & S&P Both End Shortened Week At All-time High


Dow & S&P Both End Shortened Week At All-time High

Posted: 28 Mar 2013 09:58 AM PDT

03/28/13 Stocks closed at record highs Thursday, led by the relative calm in Cyprus banks and with mixed economic reports. Also, Pinnacle Foods soars and Goldman takes a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IPO Interview With CEO Of Pinnacle Foods, Bob Gamgort

Posted: 28 Mar 2013 09:45 AM PDT

03/28/13 This morning, food product giant Pinnacle Foods had it’s IPO and after ringing the opening bell, CEO of Pinnacle Foods Bob Gamgort, grants us an exclusive interview on the experience. He also discusses what to expect from the company and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

What’s The Best Investment Advice You Received?

Posted: 28 Mar 2013 12:00 PM PDT

Throughout my years in the financial industry, I've been fortunate to meet many wonderful people who helped shape my philosophies about life, business and investing. One such role model has been Seymour Schulich. While some may have never heard of the Canadian entrepreneur, those who meet him, don't forget him and his straightforward approach to the resources industry. He's one significant person who continues to be an inspiration to me.
Football Coach Vince Lombardi is another person … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold Vs. S&P 500 – Where Is The Value?

Posted: 28 Mar 2013 11:50 AM PDT

This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only thing spurring stock market growth is the constant humming of Ben Bernanke's printing press.
The real economy and the stock market are no longer strongly correlated. Essentially, they are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Extends Gains

Posted: 28 Mar 2013 11:03 AM PDT

03/28/13 The euro extended gains versus the U.S. dollar Thursday as month-end positioning had investors covering positions made against the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Rises On Cyprus, Q4 GDP

Posted: 28 Mar 2013 10:56 AM PDT

03/28/13 Front month crude prices rose Thursday morning following a lack of panic at Cyprus banks and a upwardly revised Q4 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Zambia Holds Rate Steady, Inflation To Ease In April

Posted: 28 Mar 2013 10:25 AM PDT

    Zambia’s central bank held its policy rate steady at 9.25 percent, saying inflationary pressures should continue to moderate in April due to improved seasonal supply of food, mainly fish, vegetables and beef.
    The Bank of Zambia, which raised its policy rate by 25 basis points in 2102 but has held them steady this year, added that a continued supply of maize to millers by the Food Reserve Agency should also help keep inflation low in April.
    “This … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Romania Holds Rate, Sees Inflation On Downward Trend

Posted: 28 Mar 2013 10:11 AM PDT

    Romania’s central bank held its policy rate steady at 5.25 percent, saying inflation is expected to continue to follow a downward trend due to a persistent negative output gap and reach the ceiling of the central bank’s inflation target by the end of this year.
    The National Bank of Romania (NBR), which has held rates steady since a 25 basis point cut in March 2012, said annual inflation fell to 5.65 percent in February from January’s 5.97 percent. The adjusted core2 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Taiwan Holds Rate Steady On Mild Recovery, Muted Inflation

Posted: 28 Mar 2013 09:53 AM PDT

    Taiwan’s central bank held its benchmark interest rate steady at 1.875 percent, as expected, saying the current stance was appropriate as the country’s economy was “experiencing a mild recovery along with muted inflationary pressures.”
    The Central Bank of the Republic of China (Taiwan), which has held its discount rate unchanged since June 2011, said economic activity had picked up since the fourth quarter due to better-than-expected exports and private … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Intraday Range And Gap Reference Charts For SPY DIA And QQQ

Posted: 28 Mar 2013 09:34 AM PDT

As we end March and the first quarter 2013, let's take a look at a simple reference chart of how volatility – in terms of intraday range and opening gaps – has cycled over the last few years while highlighting what the current conditions reveal about volatility.
Let's take a look first at the SPY and explain what the pure price data reveal:

Let's first discuss how I created the indicators and what they reveal.
The blue histogram shows the "Opening Gap Distance" which is the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Europe Rises, U.S. Stocks Higher On Data, Cyprus

Posted: 28 Mar 2013 04:27 AM PDT

03/28/13 Stocks were in positive territory Thursday following mixed economic reports, a jump in Q4 GDP, and no panic at Cyprus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Czech Holds Rate Steady, Zero Until Inflation Pressures Rise

Posted: 28 Mar 2013 09:27 AM PDT

    The Czech Republic’s central bank left its benchmark two-week repo rate steady at 0.05 percent and said rates would remain at its current level of technically zero “over a longer horizon until inflation pressures increase significantly.”
    In a statement following a meeting of the Czech National Bank (CNB) board, the bank said it was also ready to use foreign exchange interventions “if further monetary policy easing becomes necessary.”
    The CNB, which … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Good Friday: US Equity Markets Closed

Posted: 28 Mar 2013 06:02 AM PDT

03/28/13 US equity markets will be closed on Good Friday. Key economic data will still be released: Personal income and spending, consumer … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

No comments:

Post a Comment