Feb 24, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions


Forex Trading: Euro Makes New Lows For The Week

Posted: 24 Feb 2010 06:11 PM PST

The EUR/USD pair broke lower early in the Asian session, as USD and JPY buying are moving the markets on a seemingly risk averse move following a mildly positive day for equities globally. On the chart below we see the trendline support that developed off of last weeks lows was broken and the pair is currently ranging at the bottom end of its daily price range. It will be interesting to see if we can test last weeks lows following the negative sentiment on the weaker European economies … [visit site to read more]


Bad In Many Ways

Posted: 24 Feb 2010 06:02 PM PST

(Source: U.S. Department of Labor)
“Studies suggest that three days after an event, people retain 10% of what they heard from an oral presentation, 35% from a visual presentation, and 65% from a visual and oral presentation,” according to the Labor Department.
With that in mind, I thought I’d bring together two blog entries that should help you remember — in vivid detail — just how bad things are these days.
First up is a post from Dow Jones’ Market Talk blog, “If You Buy The V-Shape Thing, … [visit site to read more]


Copper Could Suffer A Catastrophe Soon

Posted: 24 Feb 2010 05:50 PM PST

It’s not often a major stock or commodity gets set up for “catastrophe,” but when it does, I stand up and take note.

Most investors and traders aren’t much interested in catastrophe. They won’t short a vulnerable asset when a crisis is looming… and they won’t buy it just after the crisis… when the asset is very cheap.

This is a shame, but it’s why most people lose in the stock and commodity markets. And it’s why they’re going to miss a big opportunity coming to the copper market … [visit site to read more]


Why The IMF Is Wrong

Posted: 24 Feb 2010 05:01 PM PST

The IMF have come out today with a report suggesting that Advanced Countries do not end financial stimulus (this is what our Prime Minister is addicted too, remember?) before 2011 for fear of causing a double dip recession.

No doubt the bullying left wing cheerleaders will say the Tories are wrong again. Where to start? Well firstly Dominique Strauss-Kahn who is the Frenchman who runs the IMF is a marxist and so will always think state spending is a good idea.

Secondly, George … [visit site to read more]


Is It Time For Investors To Beware Of The Bear?

Posted: 24 Feb 2010 04:01 PM PST

With U.S. stocks down about 5% from their 2009-2010 rally peak, investors basically want to know one thing: Is this just a correction, or are they looking at a potentially long bear market?

That’s no small question. U.S. stocks could be experiencing one of three scenarios at present. They could be:

Undergoing a short-term “correction” of its 2009 gains.
Beginning a multi-month “pause.”
Or starting a new bear-market cycle.

These aren’t just arbitrary labels. For instance, a … [visit site to read more]


Central Planning And The Parasites It Creates

Posted: 24 Feb 2010 04:00 PM PST

Not all economists are charlatans. At Harvard is Robert J. Barro, who just computed the net costs of the government's 2009 stimulus program. It was originally expected to cost $787 billion and is now estimated to come in with a final price tag of $862 billion.
What do you get for that kind of money? Well, Mr. Barro calculates that each dollar of public stimulus spending costs the economy $1.50 in foregone private spending. A "bad deal," he says.
His work involves a purely macro-economic … [visit site to read more]


Rogers Upgraded To Outperform

Posted: 24 Feb 2010 03:34 PM PST

We have upgraded our recommendation to Outperform for Rogers Communications Inc. (NYSE:RCI) following its fourth quarter 2009 financial results, which came ahead of the Zacks Consensus Estimate. Despite facing an extremely challenging economic environment, Rogers performed exceptionally well in 2009, reflecting effective cost controls and an improved churn rate. This enabled the company to generate a double-digit increase in cash flow generation.
Supported by strong free cash flow generation, the … [visit site to read more]


ENY Vs. AMJ: Energy Income Funds Head-to-Head

Posted: 24 Feb 2010 03:23 PM PST

With Treasuries and corporate bonds offering record low yields and perhaps relatively high risk, many investors have begun looking elsewhere for opportunities to provide reliable income to their portfolios. Dividend-paying ETFs are one interesting option, but some investors are hesitant to swing big portions of their fixed income allocation into equities.
For investors seeking both current income and some potential for price appreciation, one relatively unknown asset class has seen its … [visit site to read more]


Cartoon: Stimulus Plan - One Year Later…

Posted: 24 Feb 2010 03:11 PM PST

Source: Clay Jones, Slate.com, February 22, … [visit site to read more]


Daily ETF Roundup: XLF, FXI Surge

Posted: 24 Feb 2010 03:03 PM PST

Equity markets snapped a two-day losing streak on Wednesday, as comments from Ben Bernanke indicating that interest rates could remain low for the foreseeable future caused a buying spree on Wall Street. Elsewhere, General Motors announced that it would begin winding down Hummer operations after Chinese regulators rejected a proposed deal while Toyota's president apologized to lawmakers on Capitol Hill for flaws in his company's products.
The ETFdb 60 Index turned in a broad-based rally, as … [visit site to read more]


Pactiv Acquires PWP Industries

Posted: 24 Feb 2010 03:00 PM PST

Pactiv Corporation (NYSE:PTV) agreed to acquire the stock of PWP Industries for $200 million. PWP is a leading manufacturer of APET (amorphous polyethylene terephthalate) disposable products. The deal is expected to close in the first quarter of 2010.
PWP primarily manufactures a range of APET foodservice containers for several channels, including packer processor bakeries, supermarkets and quick service restaurants. It operates three manufacturing facilities in the United States, as well as a … [visit site to read more]


FDIC’s Problem Banks List: Where Will It End?

Posted: 24 Feb 2010 03:00 PM PST

The FDIC is even more broke than it was three months ago. The fund the FDIC uses to "insure" your bank account went $20.9 billion in the red during the fourth quarter of 2009. That's more than twice the deficit reported when the fund first entered negative territory in the previous quarter.
Incredibly, the FDIC is still trying to reassure us that all is well because it's collecting three years of advance payments on the annual assessments paid by its member banks. The fees total $45 … [visit site to read more]


Solid Quarter For Federal-Mogul

Posted: 24 Feb 2010 02:48 PM PST

Federal-Mogul Corporation (NASDAQ:FDML) has revealed a profit of $46 million or 43 cents per share in the fourth quarter of 2009, in stark contrast to a loss of $532 million or $5.36 per share in the year-ago quarter.
The profit also significantly increased from the Zacks Consensus Estimate of 14 cents per share. The improvement was attributable to higher sales and effective restructuring and cost reduction initiatives.
Sales increased 8% to $1.4 billion in the quarter. This was driven by … [visit site to read more]


American Tower’s Profit Falls

Posted: 24 Feb 2010 02:34 PM PST

American Tower Corp. (NYSE:AMT) today declared fourth quarter 2009 financial results. On a GAAP basis, fourth quarter net income from continuing operations was $64.2 million or 16 cents per share compared to a net income of $82.8 million or 20 cents per share from continuing operations in the prior-year quarter.
Quarterly EPS of 16 cents was well below the Zacks Consensus Estimate of 18 cents. Significant increase in loss on retirement of long-term obligations and higher income taxes hurt the … [visit site to read more]


Video: Kodak To Privately Offer $440 MillionIn Senior Secured Notes

Posted: 24 Feb 2010 02:24 PM PST

Eastman Kodak announced that it will privately offer $400 million in notes to buy back shares & pay down debt. … [visit site to read more]


Washington Post Earnings Jump

Posted: 24 Feb 2010 02:20 PM PST

The Washington Post Company (NYSE:WPO) recently reported fourth-quarter 2009 results. Quarterly earnings jumped to $8.71 per share from $2.01 reported in the prior-year quarter.
However, excluding one-time items, quarterly earnings fell 16% to $8.82 per share from $10.54 posted in the year-ago quarter. While times are tough, the company's diversified business mix is faring better than many of its publishing house competitors. 
Revenue for the quarter rose by 6% year-on-year to $1,238.4 … [visit site to read more]


ONEOK Partners Earnings Beat

Posted: 24 Feb 2010 02:07 PM PST

Master limited partner, ONEOK Partners L.P. (NYSE:OKS) announced earnings of 93 cents per unit in fourth quarter 2009, in line with the Zacks Consensus Estimate of 93 cents. Earnings in the quarter were below $1.09 reported in the fourth quarter 2008.
For the full year 2009, the partnership reported earnings of $3.60 per unit, above the Zacks Consensus Estimate of $3.42 but substantially below last year's earnings of $6.01.
Results were driven by substantially higher natural gas liquids (NGL) … [visit site to read more]


Forex Trading: Key Levels To Watch In EUR/USD

Posted: 24 Feb 2010 02:01 PM PST

A few readers have asked me to post on the current state of the EURUSD FOREX pair, and indeed there’s something interesting going on here and it’s definitely worth a look.

Let’s see a long-term structure chart along with the key level to watch in the pair as we form positive divergences at the 61.8% Fibonacci Level - a very important inflection point for sure.

(Click for full-size image)

Taking the chart step-by-step, I’m showing the EUR-USD pair (this is the inverse of the US … [visit site to read more]


Government Stimulates Private Economy With Thin Air

Posted: 24 Feb 2010 02:00 PM PST

Rep. Ron Paul is a Representative from Texas who I mistakenly called a Senator in a previous Mogambo Guru newsletter, which I understand is kind of an insult, and for which I apologize to Rep. Paul. The point being not that I am old and get confused, or that my editor is not catching those kinds of errors just because he doesn't read it anymore because he is apparently sick and tired of reading my Stupid Mogambo Crap (SMC).
I emphasize this because Rep. Paul is a member of government and has, … [visit site to read more]


Video: NYSE Closing Bell Market Monitor: C, PFE

Posted: 24 Feb 2010 02:00 PM PST

The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ “http://www.nyx.com/marketmonitor” … [visit site to read more]


IDC Revenue Flat, EPS Tumbles

Posted: 24 Feb 2010 01:55 PM PST

Interactive Data Corporation (NYSE:IDC) reported fourth quarter 2009 EPS of 34 cents, just short of the Zacks Consensus Estimate of 35 cents per share.
Revenue
Revenue for the quarter was $194.1 million, remaining unchanged compared to the year-ago quarter. The fourth-quarter 2009 results were generally in line with the company's expectations. As far as revenue is concerned, the contributions from acquisitions and the positive impact of foreign exchange offset a 3.4% decline in organic … [visit site to read more]


Smucker Beats, Raises Guidance

Posted: 24 Feb 2010 01:43 PM PST

The J.M. Smucker Company (NYSE:SJM) reported results for the third quarter of 2010 with earnings of $1.17 per share. Earnings were well above the Zacks Consensus Estimate of 90 cents per share and were up 34.5% year-over-year.
Profits were primarily driven by a successful Fall Bake and Holiday period with volumes and sales gains across most of the company's brands.
Net sales for the quarter increased 2% year-over-year, primarily driven by Folgers coffee sales. Excluding Folgers sales, net sales … [visit site to read more]


Video: Crude Rises On Fed Comments

Posted: 24 Feb 2010 01:34 PM PST

Fed Chairman Ben Bernanke stating that Fed rates still need to be lower in order for the economy to recover paved the way for crude prices to rise once again this session. … [visit site to read more]


Frontier Meets But Profits Slide

Posted: 24 Feb 2010 01:28 PM PST

Frontier Communications (NYSE:FTR) announced fourth quarter results with adjusted (excluding acquisition and integration costs) earnings per share of 15 cents, matching the Zacks Consensus Estimate. The result represents an improvement from 11 cents a share reported a year-ago.
For full year 2009, adjusted EPS of 56 cents beat the Zacks Consensus Estimate by a penny. The current Zacks Consensus Estimate for 2010 EPS is 60 cents per share.
The company incurred acquisition and integration costs of … [visit site to read more]


AMLN’s Obesity Pipeline Advances

Posted: 24 Feb 2010 01:11 PM PST

Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) and partner Takeda Pharmaceutical Company Limited recently announced that they intend to advance their obesity combination treatment of pramlintide and metreleptin into phase III studies.
The decision is based on encouraging 52-week results on the combination treatment from a blinded, placebo-controlled phase II extension study in which the combination succeeded in achieving the key target of sustained and robust weight loss.
Results showed that patients … [visit site to read more]


88% Scientifically Accurate Predictor Of Gold Value

Posted: 24 Feb 2010 01:00 PM PST

Predicting the price of gold in the future has always been more art than science. Stocks, bonds, and other investments are generally valued based on their future cash flows, an attribute that gold simply doesn't have. In fact, beyond taking note of macroeconomic principles and using historical trends as a guide there are few agreed upon techniques for understanding gold's price movement.
In light of this, a research paper entitled, "The price of gold: a global required yield theory," … [visit site to read more]


Expeditors Short Of Forecasts

Posted: 24 Feb 2010 12:59 PM PST

Expeditors International of Washington Inc.'s (NASDAQ:EXPD) fourth quarter net income of 32 cents per share was below both the Zacks Consensus Estimate of 28 cents and the year-ago earnings of 36 cents. For the full year 2009, the company's earnings declined 19% to $1.11 per share compared to $1.37 in 2008. This compares favorably with the Zacks Consensus Estimate of $1.07 per share.
 
Total revenues and operating income in the quarter were $1.2 billion and $110.4 million, down 5% and 7% … [visit site to read more]


UTX Raises $2.25 Billion Debt

Posted: 24 Feb 2010 12:47 PM PST

United Technologies Corp (NYSE:UTX) sold $2.25 billion in debt in a two-part sale. This includes $1.25 billion of 10-year notes priced to yield 87 basis points over comparable U.S. Treasuries and $1.0 billion of 30-year bonds priced to yield 109 basis points more than U.S. Treasuries.
 
The notes of each series will bear interest at the applicable rate and will accrue interest from the most recent date till which interest has been paid or duly provided for. Interest will be payable on the … [visit site to read more]


RRC Tops Zacks Estimate

Posted: 24 Feb 2010 12:31 PM PST

Range Resources Corp. (NYSE:RRC) has reported better-than-expected fourth-quarter earnings on the back of increased production volumes and improved liquids prices.
 
Quarterly earnings per share came in at 32 cents, compared to the Zacks Consensus Estimate of 27 cents and year-earlier earnings of 33 cents. Before adjusting one-time items, quarterly loss was 11 cents per share.
 
Estimate Revisions Trend
 
There was an upside-weighted trend in estimate revisions. In the last 30 … [visit site to read more]


Watson Beats, Maintains Guidance

Posted: 24 Feb 2010 12:19 PM PST

Watson Pharmaceuticals Inc. (NYSE:WPI) reported fourth quarter earnings of 85 cents per share, well above the Zacks Consensus Estimate of 72 cents and the year ago earnings of 64 cents. Earnings for the full year came in at $3.04, 23% above the year-ago period.
 
While quarterly revenues increased 22% to $785.7 million, full year revenues increased 10% to $2.8 billion. Results include Arrow Group numbers following the completion of the acquisition on December 2, 2009.
 
Performance by … [visit site to read more]


Video: 02/24 FX Options Report

Posted: 24 Feb 2010 12:12 PM PST

The USD weakened vs. the EUR, JPY, after Bernanke said interest rates will remain low for an “extended period.” … [visit site to read more]


Blue Coat Beats By A Whisker

Posted: 24 Feb 2010 12:07 PM PST

Blue Coat Systems Inc. (NASDAQ:BCSI) reported fiscal 2010 third-quarter results after the closing bell on Wednesday. The company posted GAAP earnings of $6.9 million, compared to $1.1 million in the year-ago quarter. Excluding special items, adjusted earnings per share came in at 27 cents, which squeezed past the Zacks Consensus Estimate by a penny.
 
Blue Coat offers an Application Delivery Network Infrastructure that provides the visibility, acceleration and security required to optimize and … [visit site to read more]


Why More ETFs Veered Away From Their Benchmarks In 2009

Posted: 24 Feb 2010 12:01 PM PST

Last year may have been a breakout year for exchange traded funds (ETFs), but some ETFs did not perform as well as they should have. The disparity between ETFs and the benchmarks they try to reflect widened.

According to a study conducted by Morgan Stanley (NYSE:MS), ETFs veered away from their benchmarks by an average of 1.25% in 2009, a gap more than twice as much as the 0.52% average for 2008, reports Ian Salisbury for The Wall Street Journal.

Everyone focuses on the benefits of ETFs - … [visit site to read more]


Market Vectors Nuclear Energy ETF (NYSE:NLR): Taking Your Position In The “Go Nukes” Era

Posted: 24 Feb 2010 12:00 PM PST

The "No Nukes" era has been replaced by the "Go Nukes" era…and uranium stocks are a great way to play the trend.
The nuclear industry is about to experience a breakout, and it's going to be a major investment opportunity. Lately, I've been talking with people in the nuclear business, from uranium miners to reactor designers to government minders and check signers. Everything I've heard leads me to believe that 2010 will be a good year – finally – for the nuclear … [visit site to read more]


CVS Upgraded To Neutral

Posted: 24 Feb 2010 11:52 AM PST

We have recently upgraded our recommendation on CVS Caremark Corporation (NYSE:CVS) to Neutral. During the fourth quarter of 2009, the company reported earnings per share (EPS) of 79 cents, beating the Zacks Consensus Estimate by a penny. Revenues increased 7% year-over-year to $25.8 billion, driven by the robust growth of both segments – Pharmacy Services and Retail Pharmacy.
 
Recent revisions in 2010 earnings estimates for CVS have followed a strong upward (positive) bias. Over the last … [visit site to read more]


These Healthcare Insurance Stocks Are Ready To Rise

Posted: 24 Feb 2010 11:47 AM PST

Wednesday, February 24, 2010: Issue #1203
Healthcare Reform 2.0 is here – this time without as much pork.
Good thing, too. Pork is loaded with cholesterol, which increases heart disease, healthcare costs and… well, you get the idea.
The President released his revised plan for healthcare reform earlier this week. And while the new proposal is similar to the Senate's on Christmas Eve, it eliminates some of the pork to Nebraska and other special interests.
I'm not going to politicize, … [visit site to read more]


Forex Trading: GBPUSD Moves Below The Low From Yesterday/the Week And Tests Support At 1.5380

Posted: 24 Feb 2010 11:47 AM PST

The GPUSD has made a new low for the week at the 1.5385 level.  The high for the week reached the 1.5574 level yesterday. 
Support comes in at 1.5380 (see post from this morning) and Friday's low at 1.5354.    The 1.5380 level was low levels on the hourly chart from Friday both before and after the move to the 2010 low. See the chart above for a look at this support level. 
Earlier today, the market moved up to the 100 hour MA and held. This gave sellers a low … [visit site to read more]


Will Legg Mason Jumpstart Actively-Managed ETFs?

Posted: 24 Feb 2010 11:38 AM PST

Legg Mason appears ready to make its long anticipated move into the active ETF space. The Baltimore-based asset management firm filed for approval with the SEC that would allow it to introduce actively-managed ETFs to U.S. markets. Filing for exemptive relief is one of the first steps on the road to launching ETFs, and requires very little in the way of disclosure from would-be ETF issuers. Legg's filing mentioned that potential ETF products could include domestic equities, global equities, … [visit site to read more]


St. Joe Reports Quarterly Loss

Posted: 24 Feb 2010 11:37 AM PST

The St. Joe Company (NYSE:JOE), a publicly held operationally diverse real estate company, reported a net loss of $59.3 million or 65 cents per share in the fourth quarter of 2009 compared to a net loss of $27.9 million or 31 cents per share in the year-earlier quarter.
 
For full year 2009, St. Joe reported net loss of $130.0 million or $1.42 per share compared to a net loss of $35.9 million or 40 cents per share in the previous year. Both quarterly and fiscal results included pre-tax … [visit site to read more]


TransDigm Group Beats

Posted: 24 Feb 2010 11:23 AM PST

TransDigm Group Inc (NYSE:TDG) reported earnings from continuing operations of 67 cents per share, exceeding the Zacks Consensus Estimate of 34 cents.
 
Net sales for the quarter rose 1.7% to $184.3 million from $181.3 million in the comparable quarter a year ago. The favorable contribution from acquisitions of 9.0% more than offset the 7.3% decline in organic net sales. The decrease in organic sales was primarily due to lower commercial OEM and aftermarket demand, partially offset by higher … [visit site to read more]


Autodesk Tops, Rises Sequentially

Posted: 24 Feb 2010 11:21 AM PST

A leader in 2D and 3D design, Autodesk Inc.'s (NASDAQ:ADSK) fourth quarter results (both revenue and earnings) beat the Zacks Consensus Estimate and the company's own guidance.
Earnings, revenue and cash flow improved sequentially on higher cost controls and continued focus on growth initiatives. The company said that the sequential improvement was driven by improving end-market demand and continued competitive displacements.
Sequentially, revenue and profitability improved due to increased … [visit site to read more]


The FDIC’s $20.9 Billion Problem

Posted: 24 Feb 2010 11:21 AM PST

by Martin Denholm, Senior Editor, Investment U
The Federal Deposit Insurance Corporation – better known as the FDIC – has a big problem.
Actually, it's got 702 big problems.
In figures just released, the number of so-called "problem banks" (and that's putting it mildly in some cases) surged by 27% during the fourth quarter of 2009.
As of December 31, 2009, a total of 702 banks fell into the "problem" category – up from the 552 institutions at the end of Q3 2009. It was the … [visit site to read more]


Textron Gets Marine Contract

Posted: 24 Feb 2010 10:17 AM PST

Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE:TXT) company, and Granite Tactical Vehicles Inc., has won a contract to deliver 3 upgraded High Mobility Multipurpose Wheeled Vehicles (HMMWVs) to the United State Marine Corps Warfighting Lab for testing.
 
The upgraded HMMWVs are scheduled for delivery in March 2010 for mobility, thermal and durability performance testing. Textron Marine & Land Systems and Granite Tactical Vehicles have teamed … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 1

Posted: 24 Feb 2010 07:16 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 2

Posted: 24 Feb 2010 07:15 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 3

Posted: 24 Feb 2010 07:14 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 4

Posted: 24 Feb 2010 07:13 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 5

Posted: 24 Feb 2010 07:12 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 6

Posted: 24 Feb 2010 07:11 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 7

Posted: 24 Feb 2010 07:10 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Steve Meizinger On “Back To Basics FX Options Greeks”, Part 8

Posted: 24 Feb 2010 07:09 AM PST

Join Steve Meizinger, Director of Education at the ISE, as he provides an options refresher specifically geared toward FX traders. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 1

Posted: 24 Feb 2010 07:08 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 2

Posted: 24 Feb 2010 07:07 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 3

Posted: 24 Feb 2010 07:06 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 4

Posted: 24 Feb 2010 07:05 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 5

Posted: 24 Feb 2010 07:04 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 6

Posted: 24 Feb 2010 07:03 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Mike Tosaw On “Balancing Your Portfolio With FX Options”, Part 7

Posted: 24 Feb 2010 07:02 AM PST

Join Mike Tosaw, a top options instructor and Registered Representative at Know Your Options, as he discusses longer-term options strategies. … [visit site to read more]


Analyst Interviews: Semiconductor Outlook & Stock Review

Posted: 23 Feb 2010 09:00 PM PST

The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate with, the electronic gadgets on which we watch movies, listen to music and play games on, and the planes and weapons used to transport or protect us use semiconductor devices.
As environmental … [visit site to read more]


Singapore Stock Market Update For Wednesday 24 February

Posted: 23 Feb 2010 05:44 PM PST

Morning Highlights
There Are No Quick Picks For Today
Singapore shares move lower, taking  their cue from weakness on Wall Street. STI gapped down 33.12 points to 2749.43 in opening trade.
Investor sentiment was hit by weaker-than-expected U.S. February consumer confidence data released Tuesday, which eroded expectations for sustainable consumer spending and an economic recovery in the U.S.

Bought OSIM at 0.72, Stop Loss at 0.695 and Take Profit at 0.745 (Small Risk) – LOSS, CLOSED at … [visit site to read more]


No comments:

Post a Comment