DailyMarkets.com - How Much Lower Can The Yen Go?

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• How Much Lower Can The Yen Go?
• Navidi: “US Budget Talks – No Incentive For Compromise From Politicians”
• Hot Option Plays: The Squeeze Midday
• Oil Steadies On Job Growth
• Dollar Extends Gains As Jobless Claims Fall
• New Uptrend In The Uranium Miners?
• Global Stocks Mixed, China Elects New President, & Greek Unemployment Soars
• Forex Trading:
• IShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO) : Buy @ $73.33
• Raising Minimum Wage: A Trojan Horse Disaster
• Dow Soars Past 14,500, S&P 500 Eyes Record Closing High

How Much Lower Can The Yen Go? Posted: 14 Mar 2013 11:18 AM PDT Thursday, March 14, 2013 The appointment process of a new BOJ governor and two new deputy governors has temporarily halted the declines in the Japanese Yen, as traders await the outcome of the process. It now looks like the frontrunner, Haruhiko Kuroda, will get the nod. The appointment likely will been seen in a negative light for the Yen, suggesting the exchange rate of the currency could continue to plummet. At this point, it appears that a financial panic of some sort could be needed to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Navidi: “US Budget Talks – No Incentive For Compromise From Politicians” Posted: 14 Mar 2013 10:27 AM PDT 03/14/13 BeyondGlobal’s Sandra Navidi talks global fundamentals with focus on China, Japan and the ongoing US budget … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: The Squeeze Midday Posted: 14 Mar 2013 10:18 AM PDT Cusick’s Corner 03-14-2013 Midday The inverse of a bottom picker (I will stay away from any proctologist jokes this time) is a top picker. Right now this market feels like early shorts are being squeezed on the upside and many might be getting uncomfortable as this market continues to grind higher. I see this not only in equities where there are not a ton of shorts, but also in the volatility markets where some bears have chosen to play the upside in volatility by buying some VXX or outright … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Steadies On Job Growth Posted: 14 Mar 2013 05:10 AM PDT 03/14/13 The price of oil fell on Monday after higher-than-expected jobs growth in the US sparked speculation about an earlier end to the Federal Reserve’s loose monetary … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Extends Gains As Jobless Claims Fall Posted: 14 Mar 2013 10:00 AM PDT 03/14/13 The dollar extended gains against the euro and yen Thursday morning to hit session highs as data showed U.S. jobless claims fell in the latest week, while the current account deficit narrowed in the fourth … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

New Uptrend In The Uranium Miners? Posted: 14 Mar 2013 09:59 AM PDT   Speaking to UIN, Gold Stock Trades editor and longtime uranium buff Jeb Handwerger said a look at the technical chart for the price of uranium is already "showing that the two-year downtrend is breaking to the upside after bouncing off of three-year lows." A self-proclaimed long-term contrarian, Handwerger targets undervalued sectors with great long-term growth potential — of which the uranium market is a prime example. While other commodities have made significant gains … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Stocks Mixed, China Elects New President, & Greek Unemployment Soars Posted: 14 Mar 2013 04:16 AM PDT 03/14/13 Global stocks were trading mixed Thursday morning as China elected its new president, Greece’s unemployment rate hit an all-time high, and as Blackberry receives its one millionth order for the Blackberry … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Forex Trading: Posted: 14 Mar 2013 09:10 AM PDT Economic News - - - - Technical News The Wild … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO) : Buy @ $73.33 Posted: 14 Mar 2013 08:18 AM PDT FURTHER UPSIDE … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Raising Minimum Wage: A Trojan Horse Disaster Posted: 14 Mar 2013 08:00 AM PDT A few weeks back I described the raising of the minimum wage as a jobs killer. Readers chimed in and addressed the fact that the real beneficiaries of raising the minimum wage are the unions that often have wage contracts bench marked to the minimum wage and that the raising of this rate is really a Trojan horse. So the question begs, if raising the minimum wage is in fact a Trojan horse, just how many people might be negatively impacted in terms of losing their job if it were to be raised? … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Soars Past 14,500, S&P 500 Eyes Record Closing High Posted: 14 Mar 2013 07:59 AM PDT 03/14/13 Wall Street continues to rally and break though new records. Weekly jobless claims fell more-than-expected, to its lowest level in 5 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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