Daily Markets - Financial News And Opinions |
- Bull Market Or Just Bull?
- CME To Use VIX Methodology For New Crude Oil, Corn, Soybean And Gold Volatility Indices
- Forex Trading: Eurozone M3 Money Supply
- The Fall Of The American Empire?
- The Fed’s Exit Strategy And Excess Reserves
- Video: BofA To Reduce Mortgage Principal
- India ETFs Remain Opportunistic
- The Best Value Mutual Funds - Part I
- Forex Trading: Eur/Usd Falls To 10 Month Low Over EU Meeting Concerns
- Forex Trading: EUR/USD Continues To Trade With Bearish Bias
- Senator Richard Durbin (D-IL): “Frankly, The Banks Own Congress” And You’re Getting Screwed Again
- Daily Forex Commentary: Euro To Plunge Further If EU Or IMF Fails To Aid Greece
- Impending Correction In The U.S. Stock Market To Correspond To Final Leg Down In Gold
- Stock Markets Hold Court Post Democratic Health Care Victory
- Stock Picks For Thursday 25 March: THQ, Plug Power, Cord Blood America
- Sure Looks Like A Top? VIX, NYSE, DOW & GOLD
- Forex Trading: AUD/USD Finds Support @ The 100 Day MAVG
- Video: The Day Ahead: EU Summit
- Daily ETF Roundup: GDX Sinks, VXX Ends Slump
- Natural Gas Heading Back Into “Supercheap” Territory
| Posted: 25 Mar 2010 03:40 AM PDT Last week, the Dow closed at 10,741, up some 64 percent since its 2009 lows, [03/19/10, Yahoo! Finance] when most markets had priced in the likelihood of financial Armageddon. As the markets have rebounded from the brink of disaster, many Wall Street cheerleaders have proclaimed the dawning of a major new bull market. If we measure market cycles biannually, and if bull markets need not eclipse peaks achieved in previous cycles, then this forecast is spot on. Of course, most investors are not … [visit site to read more]
|
| CME To Use VIX Methodology For New Crude Oil, Corn, Soybean And Gold Volatility Indices Posted: 25 Mar 2010 03:01 AM PDT Earlier this month, the Chicago Mercantile Exchange (CME) announced they are collaborating with the Chicago Board Options Exchange (CBOE) to bring to market four new volatility indices which are scheduled to be launched in the third quarter of 2010. The CBOE will use the VIX methodology to calculate volatility indices for four commodities: crude oil; corn; soybeans; and gold. Commenting on this new collaborative effort between the CBOE and the CME, CBOE Executive Vice President … [visit site to read more]
|
| Forex Trading: Eurozone M3 Money Supply Posted: 25 Mar 2010 02:04 AM PDT Eurozone M3 Money Supply y/y came in at -0.4%, weaker than the -0.1% expected and the prior reading of 0.1%.
|
| The Fall Of The American Empire? Posted: 25 Mar 2010 02:01 AM PDT Are we at a crossroads in history? Has America seen its better days? I am a strong believer in being able to control my personal destiny and try to impart as much on my children and those whom I mentor. America is the greatest nation on earth in which to pursue opportunity. That said, are we a nation in decline? Are too many years with too much debt and not enough moral courage catching up to us? I am seriously concerned that they are. (Very interesting video clip after the fold) I … [visit site to read more]
|
| The Fed’s Exit Strategy And Excess Reserves Posted: 25 Mar 2010 01:01 AM PDT As I pointed out in my last post on inflation, the expansion of the Fed’s balance sheet assets has been largely offset on the liability side of its balance sheet by excess reserves held by banks. Those reserves are assets to the banks and liabilities to the Fed. They are “excess” reserves because they exceed the amount of reserves Fed regulations require to back the banks’ deposit liabilities. Some pundits treat those excess reserves as a ticking time bomb set to go off any minute … [visit site to read more]
|
| Video: BofA To Reduce Mortgage Principal Posted: 25 Mar 2010 01:00 AM PDT Bank of America will offer more borrowers a reduction in their loan balances for mortgages. … [visit site to read more]
|
| India ETFs Remain Opportunistic Posted: 25 Mar 2010 12:21 AM PDT As talks about economic bubbles, inflation and currency manipulation continue to loom over China, many have turned to neighboring India to fulfill their appetite for emerging nations and for good reason. Recently, India’s central bank Governor Duvvuri Subbarao stated that the nation’s economic growth is strengthening and the accelerated growth pace in the world’s second fastest growing major economy has allowed the nation’s benchmark stock index to nearly double in the last year. Some … [visit site to read more]
|
| The Best Value Mutual Funds - Part I Posted: 24 Mar 2010 11:31 PM PDT I have been asked recently by several readers and friends what is a good value mutual fund. These people know that value investing is the best way to invest but don’t have the time to research individual stocks. Instead of looking at many funds, and deciding which the best fund is, I decided to compile a chart and examine what would be the best fund. There is no such thing as “the best fund”, and it is hard to compare different funds since they have different investment strategies even … [visit site to read more]
|
| Forex Trading: Eur/Usd Falls To 10 Month Low Over EU Meeting Concerns Posted: 24 Mar 2010 11:09 PM PDT Eur/Usd has traded down to 1.3283, its lowest level since May 2009. The continued sell off is over concerns that the European Union meetings, which begin today, will not come to an agreement on financial aid to Greece. Here is a weekly chart signifying some long term levels to keep an eye … [visit site to read more]
|
| Forex Trading: EUR/USD Continues To Trade With Bearish Bias Posted: 24 Mar 2010 10:32 PM PDT Price action on EUR/USD, a daily chart of which is shown, has displayed a strong bearishness in line with the overall prevailing downtrend, establishing a new 10-month low in the process and confirming a downtrend continuation. After the key 1.3800 resistance was tested and respected several times last week, price broke down below a well-formed bearish rising wedge pattern. After that breakdown, continued bearish price action followed through to break down tentatively below the important 1.3400 … [visit site to read more]
|
| Senator Richard Durbin (D-IL): “Frankly, The Banks Own Congress” And You’re Getting Screwed Again Posted: 24 Mar 2010 09:31 PM PDT I wrote extensively in 2009 as to How Wall Street Bought Washington. Well, it would appear that the purchase and sales agreement between these two entities remains in place. A recent press release highlights developments on Senator Chris Dodd’s proposed Financial Regulatory Reform along with a recent assessment by Washington insider and Illinois Senator Richard Durbin.
|
| Daily Forex Commentary: Euro To Plunge Further If EU Or IMF Fails To Aid Greece Posted: 24 Mar 2010 09:09 PM PDT The U.S. Dollar Index rose to a new high for the year as demand for the Greenback soared following an escalation of the fiscal problems gripping the Euro Region economy.
|
| Impending Correction In The U.S. Stock Market To Correspond To Final Leg Down In Gold Posted: 24 Mar 2010 08:45 PM PDT The rally off the February bottom is now going on 32 days. This is probably not the best time to chase stocks higher. I’ve been saying for a couple of weeks that the market needs to take a breather, preferably before earnings season as it would then be setup for a strong rally through April. As the “normal” cycle in stocks lasts on average 35-45 days trough to trough we are now getting very deep in the cycle and in jeopardy of putting in a short term top at any time. We just need a … [visit site to read more]
|
| Stock Markets Hold Court Post Democratic Health Care Victory Posted: 24 Mar 2010 08:28 PM PDT Many are calling it the most significant legislation since Medicare and Civil Rights. What had been a tumultuous, and at many-a-time vicious battle for longer than a calendar year has now peaked with Democratic jubilation after a symbolic victory for the people when it comes to Health Care and Health Insurance. The bill, President Barack Obama has signed into law, while not perfect, is the biggest sweeping change to the nation’s broken system of Health Care in generations. Much has … [visit site to read more]
|
| Stock Picks For Thursday 25 March: THQ, Plug Power, Cord Blood America Posted: 24 Mar 2010 08:01 PM PDT ( click to enlarge ) THQ (NASDAQ:THQI) is looking very strong here. The stock traded higher as the stock found buyers after announced the launch of the popular video game de Blob which is available for Apple’s (NASDAQ:AAPL) popular device via the iTunes store for $2.99. The popular game has a huge fan base and will be available on the iPad, according to the news release. I’m watching THQI as it nears 2010 highs of $6.65. If the stock can break through these highs, I’m buyer and expect to see a … [visit site to read more]
|
| Sure Looks Like A Top? VIX, NYSE, DOW & GOLD Posted: 24 Mar 2010 07:42 PM PDT I think many of you will find this article interesting as I show several different indicators which point to an imminent correction for stocks and precious metals.
|
| Forex Trading: AUD/USD Finds Support @ The 100 Day MAVG Posted: 24 Mar 2010 07:13 PM PDT The AUD/USD pair has found support at the 100 day moving average for the last 2 sessions. The USD strength that is permeating the market place, has affected the commodity pairs less than other risk pairs, as commodity demand doesn't seem to be subsiding even as the world operates well under capacity in most major economies. A break of the 100 day mavg would signal further USD strength and could move the pair rather easily through the 91 cent handle toward the 89.50 … [visit site to read more]
|
| Video: The Day Ahead: EU Summit Posted: 24 Mar 2010 07:00 PM PDT The stories, data, and stocks that may have the greatest impact during the next trading session. … [visit site to read more]
|
| Daily ETF Roundup: GDX Sinks, VXX Ends Slump Posted: 24 Mar 2010 02:36 PM PDT Equity markets sank on Wednesday as sovereign debt concerns weighed on shares after Portugal's debt rating was cut on deficit concerns. Portugal's rating was lowered to AA- as Fitch Ratings cited that the Portuguese government would have to enact harsh austerity measures in order to get the country's deficit within 3% of GDP by the end of 2013."The fear is that these issues spread from Portugal and Greece to other countries in the region," said Alan Lancz, president of an investment … [visit site to read more]
|
| Natural Gas Heading Back Into “Supercheap” Territory Posted: 24 Mar 2010 03:45 AM PDT After a 30% haircut in just over two months, natural gas is almost cheap enough to buy again… Long-time Growth Stock Wire readers know my general thoughts on natural gas… which is a “clean cousin” of crude oil. Natural gas is chiefly used in home heating and cooling, and for electricity generation. I like it as a government-approved long-term alternative to coal. Over the past few years, new technology has shifted the natural gas supply/demand situation. In 1984, U.S. natural gas … [visit site to read more]
|
| 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