Wednesday, May 1, 2013

DailyMarkets.com - Botswana Cuts Rate 50 Bps, Inflation Outlook Positive

DailyMarkets.com - Botswana Cuts Rate 50 Bps, Inflation Outlook Positive


Botswana Cuts Rate 50 Bps, Inflation Outlook Positive

Posted: 30 Apr 2013 07:20 PM PDT

    Botswana’s central bank cut its Bank Rate by 50 basis points to 9.0 percent, its first rate cut since December 2010, to reignite economic growth while the medium-term inflation outlook is positive.
    The Bank of Botswana (BoB) said economic growth is below potential and unemployment is high and forecasts suggest that a more accommodative policy stance would be consistent with the achievement of the bank’s 3-6 percent medium-term inflation objective.
    In … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For Stock Trading On Wednesday, May 1, 2013

Posted: 30 Apr 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Wednesday, May 1, 2013

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.50
8.37
8.25

Bullish

AXP – American Express Company
68.41
67.96
67.68

Bullish

BA – Boeing Co
91.41
91.96
90.89

Neutral

BAC – Bank of America Corporation
12.31
12.37
12.18

Neutral

CAT – Caterpillar Inc
84.67
84.64
83.08

Bullish

CSCO – Cisco … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For ETF Trading On Wednesday, May 1, 2013

Posted: 30 Apr 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Wednesday, May 1, 2013

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares CORE Total US Bond Mkt
111.54
111.52
111.41

Bullish

BND – Vanguard Total Bond Market ETF
84.18
84.16
84.09

Bullish

DBC – DB Commodity Index Tracking Fd
26.27
26.28
26.01

Neutral

DIA – SPDR DJ Industrial Average … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For Futures Trading On Wednesday, May 1, 2013

Posted: 30 Apr 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Wednesday, May 1, 2013

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM3
1592.25
+ 0.25
1583.72
1569.17

Bullish

Dow Jones – Jun YMM3
14773
+ 0.17
14703
14585

Bullish

Nasdaq – Jun NQM3
2880.00
+ 0.74
2852.56
2818.58

Bullish

Russell – Jun TFM3
945.10
+ 0.61
937.69
923.37

Bullish

INTEREST RATES

US T-Bond – Jun ZBM3
148-12
− … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Sell In May?

Posted: 29 Apr 2013 12:07 AM PDT

As we approach the end of April, the inevitable question of seasonality arises. Is it time to sell in May and go away?

While many of my intermediate and long term technical indicators are starting to line up, indicating that it may be prudent to start selling now, I am not seeing the bearish trigger yet. To review, let’s consider the charts from the three major regions of the world, US, Europe and China.

What does defensive leadership mean?
In the US, the stock market remains in an uptrend. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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