Wednesday, March 13, 2013

DailyMarkets.com - Thursday’s Stocks To Watch, Mar 14

DailyMarkets.com - Thursday’s Stocks To Watch, Mar 14

Thursday’s Stocks To Watch, Mar 14

Posted: 13 Mar 2013 03:18 PM PDT

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Research In Motion Ltd (BBRY) broke out of a symmetrical triangle pattern on the upside accompanied with expanding volume. Upside target of 22. Resistance at 17.22 and 18.32 which are the previous highs. The stock traded heavy volume as it hit a high of $15.70. This high is resistance for Thursday's continuation move. If the stock can break through this level, I expect to see another strong upside move to $17 and better. 

( click to enlarge )

As I … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Squeeze Out Another Gain, Dow Hits All-time High Again

Posted: 13 Mar 2013 02:45 PM PDT

03/13/13 Stocks managed small gains in the final hour of trading Wednesday, with the S&P 500 moving closer to its all-time closing high and the Dow logging yet another record high … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

New Zealand Holds Rate And Sees Steady Rate Through 2013

Posted: 13 Mar 2013 01:40 PM PDT

    New Zealand’s central bank left its Official Cash Rate (OCR) unchanged at 2.5 percent, as expected, saying the country’s economic recovery was uneven with both upside and downside risks so it expects to keep the key rate steady for the rest of the year.
   The Reserve Bank of New Zealand (RBNZ), which has held its rate steady since March 2011, said demand and output was expanding with rebuilding from the Canterbury earthquake gaining momentum and residential … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Opportunity In Undervalued Platinum Miner In A Friendly Jurisdiction

Posted: 13 Mar 2013 12:57 PM PDT

The trend towards resource nationalism is taking a major toll on the potential supply of platinum.  Simultaneously, auto sales are rebounding to levels not seen since before the credit crisis in early 2008.
Despite global supply concerns, increase of resource nationalism and rising industrial and automobile demand, platinum is still undervalued compared to gold and are far below pre credit crisis highs.  This may be a short term phenomenon and over the long term PGM's may provide a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Dips Wednesday Morning On Italian Debt Auction

Posted: 13 Mar 2013 06:51 AM PDT

03/13/13 The euro took an early dip Wednesday morning following a weak Italian debt auction. But losses were limited following a jump in US retail sales … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Kenya Holds Rate To Let Cuts Work, Election Aids Confidence

Posted: 13 Mar 2013 11:28 AM PDT

     Kenya’s central bank held its Central Bank Rate steady at 9.50 percent to give last year’s rate cuts time to stimulate the economy and said there were still risks to the economic outlook and price stability.
    The Central Bank of Kenya (CBK), which cut rates by 700 basis points in 2012 starting in July, said inflation had stabilized within the government’s 5 percent target range, the exchange rate was stable and the peaceful election should further enhance … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Rises Prior To Stockpile Data

Posted: 13 Mar 2013 09:44 AM PDT

03/13/13 Oil prices rose for a fifth straight trading session despite expectations of ample inventories on beliefs that crude prices have bottomed … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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