Monday, April 1, 2013

DailyMarkets.com - Australia To Enter A Very Sad Period

DailyMarkets.com - Australia To Enter A Very Sad Period


Australia To Enter A Very Sad Period

Posted: 01 Apr 2013 03:00 PM PDT

Australia has been called the lucky country, its big and beautiful and unfortunately exposed to massive downside risk.

Applying the Elliot wave to price charts is an art with a little science. However in the case of the Australian All Ordinaries Index (AORD) the Elliot Wave 5 count is very easy. A technical Elliot Wave point is that a 5 wave count marks the end of the rally, yet you can have multiple 5 wave counts in a wave that end together. When you get multiple 5th waves peaking together … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Start Week Little Changed

Posted: 01 Apr 2013 09:34 AM PDT

04/01/13 Stocks were in the red, but barely, on the first day of the second quarter following a weaker-than-expected ISM manufacturing … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: VIX Up Amid Light Volume Midday

Posted: 01 Apr 2013 02:17 PM PDT

04-01-2013 Midday
Stock market averages stumbled following a round of mixed economic data Monday. A report released this morning showed the ISM Index of manufacturing activity falling to 51.3 in March, from 54.2 and well below expectations of 54.0. Meanwhile, Construction Spending was up 1.2 percent for February and .3 percent more-than-expected. Elsewhere, Japan’s Nikkei was down 2.2 percent overnight after the latest Tankan survey of economic conditions fell short of expectations. Crude … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Stock Market Averages Stumbled After Hours

Posted: 01 Apr 2013 02:17 PM PDT

04-01-2013 After Hours
Stock market averages stumbled following a disappointing read on March manufacturing Monday. The report released this morning showed the ISM Index of manufacturing activity falling to 51.3 in March, from 54.2 and well below expectations of 54.0. Meanwhile, Construction Spending was up 1.2 percent for February and .3 percent more-than-expected. Stock market averages opened steady, but then slipped on the ISM print in morning trading. Elsewhere, Japan’s Nikkei was down 2.2 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Tesla Motors Zooms Higher On Profitability Guidance

Posted: 01 Apr 2013 12:15 PM PDT

04/01/13 Tesla Motors shares rallied after the company announced expectations of its first quarterly … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

What Maslow And Rand Would Tell Investors Today

Posted: 01 Apr 2013 12:00 PM PDT

I have always been fascinated by what motivates people. What motivates Tiger Woods to pursue the goal of being the world's greatest golfer? What's the motivation driving Warren Buffett to continue purchasing companies instead of retiring in Tahiti? Or how about the motivation behind the trucks allegedly packed with euros parked in front of the Central Bank in Nicosia?
What is most puzzling is the motivation driving investors to buy or sell their equity positions when research shows that … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Dips On Cyprus Banking Concerns

Posted: 01 Apr 2013 09:45 AM PDT

04/01/13 The euro took a slide Monday on concerns about Cyprus after the Cypriot central bank confirmed that major depositors in Cyprus’s biggest bank would lose around 60% of savings over 100,000 euros, well above the initial cut of 30 to 40 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

EZ And UK PMI Data, RBA Rate Decision On Tap

Posted: 01 Apr 2013 08:29 AM PDT

04/01/13 The global calendar is packed with more PMI manufacturing data set for release. The US calendar is fairly light with factory orders and motor vehicle sales on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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