Daily Markets - Financial News And Opinions |
- Not Again - Credit Default Swaps Pushing Greece To The Brink Of Default
- Coca-Cola Follows PepsiCo’s Lead; Buys Its Largest Bottler
- Forex Trading: EUR CPI
- Video: GM To Discontinue Hummer Brand
- Stock Picks For Friday 26 February: Energy Conversion Devices, Renesola, JA Solar Holdings
- US Dollar’s Troubles Disguised By The Demise Of The Euro And British Pound
- US Dollar Index Riding The Uptrend Channel Higher
- Reasons To Avoid HOLDRS And Stick With ETFs
- Video: The Day Ahead: 4Q GDP
- Prepare For Slim Annuities
| Not Again - Credit Default Swaps Pushing Greece To The Brink Of Default Posted: 26 Feb 2010 03:51 AM PST Credit default swaps (CDS) gained infamy in the early stages of the financial crisis as the murky derivatives that helped drive the likes of Lehman Bros and Bear Stearns into bankruptcy. Now, they’re back, inspiring panic in the bond market and making it harder for Greece to borrow money. Already struggling to rein in its out-of-control deficit, credit default swaps could be enough to push the debt-ridden nation into default. Credit default swaps are credit derivative contracts that let … [visit site to read more]
|
| Coca-Cola Follows PepsiCo’s Lead; Buys Its Largest Bottler Posted: 26 Feb 2010 02:40 AM PST The soda rivalry continues as Coca-Cola takes a page out of PepsiCo’s playbook. The Coca-Cola Co. (NYSE:KO) plans to buy the North American operations of its largest bottler Coca-Cola Enterprises Inc. (NYSE:CCE) in a $12.3 billion deal. This move comes 24 years after Coca-Cola separated from bottling giant CCE, and six months after PepsiCo’s similar purchase of its two largest bottlers. Coke’s initial strategy of separating market and beverage development from product and distribution was … [visit site to read more]
|
| Posted: 26 Feb 2010 02:06 AM PST The euro, which is trading off session highs of 1.3614 against the USD, traded slightly higher after the release of year over year CPI number which met its forecast of 1.0%. Core CPI, however, came in slightly lower at 0.9% versus its forecast of 1.2% and prior reading of 1.1%. The EUR/USD pair is currently trading at the 1.36 … [visit site to read more]
|
| Video: GM To Discontinue Hummer Brand Posted: 26 Feb 2010 01:00 AM PST General Motors Co. will be shutting down operations for the Hummer sport utility vehicle. … [visit site to read more]
|
| Stock Picks For Friday 26 February: Energy Conversion Devices, Renesola, JA Solar Holdings Posted: 25 Feb 2010 11:40 PM PST ( click to enlarge ) Over the last 52 weeks JA Solar Holdings (NASDAQ:JASO) has ranged from a low of $1.77 to a high of $6.95. Technicals have turned bullish signaling sideways to higher prices possible in the near term. Next targets for the stock are 5.33 and 5.59. Only a close above $5.59 reverses the current short-term downtrend. Let’s keep an eye on it. ( click to enlarge ) Renesola (NYSE:SOL) made a strong upside reversal today. The technical chart above suggests that stock might … [visit site to read more]
|
| US Dollar’s Troubles Disguised By The Demise Of The Euro And British Pound Posted: 25 Feb 2010 09:01 PM PST The demise of the euro and pound has been disguising the dollar’s troubles. But now that fig leaf is falling away. Sometimes the markets seem like a real battle between the macroeconomic and the micro-cephalic. Right now in jolly old England, Labour and its allies are positing that “too strong an effort to reduce runaway deficits will result in a savage reaction (really: that’s the phrase they used) that will destroy the British pound.” I’m not quite sure if this is a serious argument … [visit site to read more]
|
| US Dollar Index Riding The Uptrend Channel Higher Posted: 25 Feb 2010 08:01 PM PST In an interesting development, the US Dollar Index (shown here in the @DX futures contract) has been riding a clearly defined trend channel higher, with a few bumps along the road. Let’s take a quick look at the current structure and note the most important price levels to watch going forward - in the event of any sudden price breaks. (Click for full-size image at Chart.ly) I’ve stripped away all the indicators - save for my favorite 3/10 Oscillator which frequently calls out … [visit site to read more]
|
| Reasons To Avoid HOLDRS And Stick With ETFs Posted: 25 Feb 2010 07:01 PM PST If you’ve been reading my Money and Markets columns for any length of time, you know I’m a big proponent of exchange-traded funds (ETFs). And I think they’re one of the most exciting investment innovations in decades. However, one consequence of innovation is that eventually the latest-and-greatest products go past their “sell-by” dates. For example, I remember getting my first IBM personal computer back in the 1980s. It was state-of-the-art! Today it would be considered an antique. So … [visit site to read more]
|
| Posted: 25 Feb 2010 07:00 PM PST The stories, data, and stocks that may have the greatest impact during the next trading session. … [visit site to read more]
|
| Posted: 25 Feb 2010 03:00 PM PST Barclays Capital recently published its annual Equity Gilt Study. The paper includes data for asset returns in the United Kingdom back to 1899 and in the United States since 1925.
|
| You are subscribed to email updates from Daily Markets To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment