Tuesday, April 30, 2013

DailyMarkets.com - US Equities Are The Choice For Most People

DailyMarkets.com - US Equities Are The Choice For Most People


US Equities Are The Choice For Most People

Posted: 30 Apr 2013 10:28 AM PDT

04/30/13 Mogavero, Lee & Company’s Doreen Mogavero talks equities, earnings and central banks. Fundamentals and technicals are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Action Mixed Following Latest Round Of Economic News Midday

Posted: 30 Apr 2013 10:18 AM PDT

Cusick’s Corner Midday 04-30-2013
Market action is mixed following the latest round of economic news. A report released early Tuesday on home prices, courtesy Case-Shiller, showed an increase of 9.3 percent for February. Later, the Chicago PMI, a gauge of regional manufacturing activity, fell to 49.0 in April, from 59.7 and below expectations of 52.0. However, the latest Consumer Confidence report from the Conference Board surprised. The index improved to 68.1 for April, from 59.7 and much … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

This Chart Answers A Classic Question About Gold

Posted: 30 Apr 2013 09:30 AM PDT

Since gold's bull run began a decade ago, many people have asked me whether the metal was in a bubble, despite the fact that there were many drivers in place for gold.
Here's another comparison that answers this classic question.
Research firm Commerzbank's strategists recently compared the price of gold starting in 2002 to the price of Brent crude oil starting in 1998 and the NASDAQ Composite from 1990. Immediately following each index's record highs, oil and tech stocks declined … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Stocks Dip On Record Unemployment In EU

Posted: 30 Apr 2013 04:24 AM PDT

04/30/13 Global stocks mostly lower as euro zone unemployment hits all-time high. Meanwhile, in the U.S., Chicago PMI touches 3.5-year low while consumer confidence … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Reverses Early Slide On U.S. Data

Posted: 30 Apr 2013 09:22 AM PDT

04/30/13 The euro initially fell Tuesday after weak economic data gave further weight to expectations of an interest rate cut by the ECB. However, that was soon reversed after Chicago PMI hit a three-and-a-half year low of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Dips Below $94

Posted: 30 Apr 2013 04:20 AM PDT

04/30/13 Crude oil prices took a dip below $94 a barrel Tuesday morning following a slide in Chicago PMI data and a weaker … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The ‘Sell In May…’ Truth No One Is Telling You

Posted: 30 Apr 2013 08:18 AM PDT

Check out my latest article "The 'Sell In May…' Truth No One Is Telling You" in SeekingAlpha.com.  In it I explained the following chart: … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

WTI Playing Catch Up

Posted: 30 Apr 2013 08:17 AM PDT

Tuesday, April 30, 2013
Crude Oil prices have benefited from a more optimistic outlook on the US and Eurozone economies from traders. After rising sharply in recent sessions, some traders may be a bit more guarded ahead of this afternoon’s API and tomorrow’s EIA data. Both reports are expected to show an increase in Crude Oil stockpiles in the US. The large inventory levels in the US have been the principle reason for the disconnect between WTI and other varieties of Crude Oil. Some traders are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Thailand To Take Action To Curb Rising Baht

Posted: 30 Apr 2013 08:06 AM PDT

    Thailand’s central bank is worried over the rapid rise in the value of its bath currency and will take  action – as yet unspecified – together with the Thai finance ministry when needed.
    The Bank of Thailand (BOT) said the rise in the baht was “largely attributable to foreign investors’ confidence in the strength of the Thai economy” and this had spurred businesses into raising their productivity, the BOT said in a statement following a regular macroeconomic … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Wall Street Digests Data And Earnings

Posted: 30 Apr 2013 08:00 AM PDT

04/30/13 US equities came of Monday’s highs following mixed economic data and weak earnings reports. Consumer confidence exceeded estimates while Chicago PMI missed … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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