Thursday, May 2, 2013

DailyMarkets.com - ING US Shares Settle Higher In NYSE Debut

DailyMarkets.com - ING US Shares Settle Higher In NYSE Debut


ING US Shares Settle Higher In NYSE Debut

Posted: 02 May 2013 05:02 PM PDT

05/02/13 ING US shares closed higher by nearly 7%, after its market debut at the NYSE. The company began trading under ticker symbol … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Sees Triple-digit Surge On ECB

Posted: 02 May 2013 03:11 PM PDT

05/02/13 Stocks jumped near session highs Thursday on a better-than-expected jobless claims report and after the European Central Bank cut its key interest … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks To Watch For May 3, 2013

Posted: 02 May 2013 02:19 PM PDT

( click to enlarge )

Shares of J.C. Penney Company, Inc. (NYSE:JCP) closed up 3.7% from Wednesday’s close to $16.80. The stock bounced off of its 50-day simple moving average, which is currently at $16.27, in today’s session. Watch for a good follow through day and a break above the 17 level to go long.

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Bazaarvoice Inc (BV) regained the 50-day EMA for the first time in over two months. Could be a high flyer on breakout, look for break above 7.32 tomorrow to enter longs. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Dips On ECB Rate Cut

Posted: 02 May 2013 12:16 PM PDT

05/02/13 The euro fell Thursday after the European Central Bank cut its key interest rate by 25 basis points to 0.50%, on the back of weak economic data in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stimulus Outweighing The Macro Data

Posted: 02 May 2013 10:18 AM PDT

05/02/13 Knight Capital Americas’ Mark Otto weighs in on global central bank rate decision and mixed economic data. The equity market outlook and jobs report expectations are also … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Upbeat Morning, VIX Below 14 Midday

Posted: 02 May 2013 10:18 AM PDT

Cusick’s Corner 05-02-2013 Midday
Stock market averages are holding gains on a busy morning of economic and earnings news Thursday. Data released early showed jobless claims at 324,000 last week, down from 342,000 and much better than the 346,000 that was expected. The report held some sway because it comes ahead of key monthly jobs numbers tomorrow. Separately, fourth quarter Productivity was up .7 percent, from -1.7 percent and below expectations of 1.2 percent. However, the Trade Balance … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Rebounds Above $91

Posted: 02 May 2013 09:59 AM PDT

05/02/13 The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a new … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Markets Mixed As ECB Interest Rates

Posted: 02 May 2013 04:46 AM PDT

05/02/13 Markets in Asia were mixed in overnight, European markets are mixed as the European Central Bank elected to cut interest rates today for the first time since July … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Czech Central Bank Trims Growth Forecast, Raises Inflation

Posted: 02 May 2013 09:26 AM PDT

    The Czech National Bank (CBN), which earlier today left its policy rate unchanged at 0.05 percent, said interest rates will remain at the current level of technically zero “over a longer horizon until inflation pressures increase significantly,” repeating its forecast from March.
    The Czech Republic’s central bank also repeated that it was “ready to use foreign exchange interventions if further monetary policy easing becomes necessary.”
    In its new … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

ECB Cuts Rate, Offers Banks Cash, Explores Loans To Firms

Posted: 02 May 2013 08:53 AM PDT

    The European Central Bank (ECB), which earlier today cut its main policy rate by 25 basis points to 0.50 percent, will continue to provide banks with all the money they need "for as long as necessary," and wants to channel money to smaller businesses by creating a new market for asset-backed securities.
    The ECB, which was widely expected to cut its main refinancing rate due to a deepening recession, declining inflation and rising unemployment, said it still … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Jobs Report Takes Center Stage On Friday

Posted: 02 May 2013 08:36 AM PDT

05/02/13 The April US employment report takes center stage on Friday. Global PMI services figures will also be scrutinized at the end of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Trend Trader For ETF Trading On Friday, May 3, 2013

Posted: 02 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Friday, May 3, 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
111.40
111.47
111.41

Bearish

BND – Vanguard Total Bond Market ETF
84.18
84.16
84.09

Bullish

DBC – DB Commodity Index Tracking Fd
26.13
26.05
26.01

Bullish

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

The Trend Trader For Stock Trading On Friday, May 3, 2013

Posted: 02 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Friday, May 3, 2013

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
8.46
8.44
8.25

Bullish

AXP – American Express Company
69.38
68.56
67.68

Bullish

BA – Boeing Co
92.21
91.57
90.89

Bullish

BAC – Bank of America Corporation
12.19
12.21
12.18

Neutral

CAT – Caterpillar Inc
84.26
83.94
83.08

Bullish

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

The Trend Trader For Futures Trading On Friday, May 3, 2013

Posted: 02 May 2013 04:03 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Friday, May 3, 2013

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM3
1592.25
+ 0.95
1586.86
1569.17

Bullish

Dow Jones – Jun YMM3
14760
+ 0.85
14719
14585

Bullish

Nasdaq – Jun NQM3
2902.00
+ 1.34
2878.89
2818.58

Bullish

Russell – Jun TFM3
936.20
+ 1.65
934.73
923.37

Bullish

INTEREST RATES

US T-Bond – Jun ZBM3
149-06
+ … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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