Tuesday, March 5, 2013

DailyMarkets.com - A Quick Check On March 5 Market Internals On The Breakout

DailyMarkets.com - A Quick Check On March 5 Market Internals On The Breakout

A Quick Check On March 5 Market Internals On The Breakout

Posted: 05 Mar 2013 08:30 AM PST

With the Dow Jones at new lifetime highs and the S&P 500 similarly breaking a resistance level to new recovery (but not all-time) highs, what does the snapshot of Market Internals reveal about the breakout?
Let's take a quick mid-day look on the message, starting with the 30-min view:

Cutting straight to the point, BREADTH is confirming the breakout with a slight new indicator high relative to the prior activity with today's current reading of +1,667.
The last time we saw a value that … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold Drawing A Line In The Sand?

Posted: 05 Mar 2013 08:18 AM PST

Tuesday, March 5, 2013
Gold futures could see near-term strength from inflationary statements from the Fed and BOJ. This could provide a short-term sugar high for the Gold market, which had been in a downtrend since October. Overall, Gold fundamentals remain bearish. There is plenty of economic uncertainty to go around, and central banks have been attempting to zap their respective economies to life using any means possible to no avail. Physical buying has been very soft, especially from ETFs. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A New Chapter For Turkey?

Posted: 05 Mar 2013 08:00 AM PST

In 2012, Turkey was the best performer among the emerging markets we track on our Periodic Table showing a decade of returns. All developing countries rose last year, but stocks in Turkey climbed an astounding 56 percent.

See a decade of results for yourself with our interactive periodic table
While visiting the country last week, I was happy to see my explicit knowledge of Turkey's growth was supported by my tacit knowledge.
Istanbul has been in the midst of a fantastic transformation from … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Rallies Triple Digits, Soars To Record High

Posted: 05 Mar 2013 07:57 AM PST

03/05/13 US stocks rallied with the Dow Industrials breaking intraday and closing highs. The ISM services index came in above estimates, on the heels of Euro zone data that topped … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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