Tuesday, April 2, 2013

DailyMarkets.com - Today Is April Fool’s For Europe

DailyMarkets.com - Today Is April Fool’s For Europe


Today Is April Fool’s For Europe

Posted: 02 Apr 2013 10:23 AM PDT

04/02/13 Albert Fried & Company’s Ben Willis discusses the rally on Wall Street and gains for European bourses. Recent data releases and upcoming risk events are also … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Equities Open Higher

Posted: 02 Apr 2013 10:17 AM PDT

Midday 04-02-2013
Stock market averages are rallying Tuesday. The only economic stat of the day showed Factory Orders up 3 percent for February and .4 percent more than expected. Ford and GM shares ticked higher in the wake of their monthly auto sales results. Meanwhile, United Healthcare (NYSE:UNH) gained 6 percent and is the best gainer in the Dow on the heels of a decision on Medicare reimbursement rates released yesterday afternoon. Elsewhere, European markets scored solid gains after being … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Dips On Historic EU Unemployment Rise

Posted: 02 Apr 2013 09:55 AM PDT

04/02/13 The euro is lower against the dollar this morning,
this after unemployment across the EU struck 12%, the highest ever rating since the currency was launched in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Slips On Data & Pipeline Closure

Posted: 02 Apr 2013 04:37 AM PDT

04/02/13 Oil prices eased Tuesday morning following disappointing manufacturing data and a pipeline closure in the United … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Europe Rises Despite Unemployment Surge

Posted: 02 Apr 2013 04:12 AM PDT

04/02/13 Europe and the U.S. saw a jump in stocks early despite the number of unemployed persons in the euro zone rising to 19.071 million in February, the highest level on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Breakdown And Critical Support Test For Gold And Silver

Posted: 02 Apr 2013 08:19 AM PDT

This morning brought a continuation of the short-term downtrends for Gold and Silver as price collapsed toward a critical target zone which now calls our attention.
Let's take a quick, simple look at the current structure and critical levels to watch for these markets at the moment.
Gold Daily Chart:

The key focal point is $1,600 which is a "Round Number" level aligned with the midpoint or prior value area of the mid-2012 triangle range pattern.
Today's breakdown back under $1,600 and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Hits New Intraday High, US Factory Orders Rise 3%

Posted: 02 Apr 2013 07:49 AM PDT

04/02/13 US stocks advanced with the Dow Industrials hitting a new intraday high. The healthcare sector advanced with Humana and UnitedHealth shares … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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