This week all mortgage rates have increased compared to the previous week when 1-year mortgage rates were at a record low. This is the second time this year that all mortgage rates rose simultaneously, something that hasn’t occurred since January 31, 2013. Due to this rise in mortgage rates, there has been an big decrease [...]

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Credit cards for bad credit in the US may have some of the worst terms for cardholders. Many card issuers don’t offer ‘normal’ credit cards to people with bad credit, and if they do, those cards will come with very high interest rates, penalties and fees which could crush you if you already face financial [...]

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This week mortgage applications have increased 7% compared to last week, which is a very large increase considering that last week mortgage applications only increased 1.8%. At the same time, this week 1-year adjustable-rate mortgages have decreased to a new record-low, in contrast to most other mortgage rates which have increased this week above their [...]

Chase Sapphire Preferred credit card has started this month off with an amazing new offer for those of you who like dining out: on the first Friday of each month from now till December 2013, you will earn 3 points for each dollar you spend dining out. This means you will earn an additional 1 [...]

05/07/13 U.S. stocks added to recent gains Tuesday afternoon, with the Dow surpassing the 15,000 milestone, on strong European … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Cusick’s Corner 05-07-2013 After Hours The grind higher continues and market averages are again sporting gains heading into the final 90 minutes of trading Tuesday. The economic calendar remains light until jobless claims Thursday morning. On the earnings front, DirectTV (NASDAQ:DTV), Fossil (NASDAQ:FOSL), and EOG Resources (NYSE:EOG) are among a handful of names trading higher [...]

( click to enlarge ) Fortress Investment Group LLC (NYSE:FIG) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Wednesday, so keep a close eye on FIG and don’t miss the trade. ( click to enlarge ) SunTrust Banks, Inc. (NYSE:STI) broke above [...]

    The central bank of Belarus cut its benchmark refinancing rate by a further 200 basis points to 25 percent, its third cut this year, saying inflation is expected to be “significantly lower” in April than in previous months, which leaves real interest rates at “a significant positive level.”      The National Bank [...]

    Global interest rates fell further last month as eight central banks eased their policy stance – most notably the Bank of Japan with its “new phase of monetary easing” – pushing the average global monetary policy rate down to 5.70 percent at the end of April from 5.79 percent at the end of [...]

05/07/13 Adobe Systems welcomed the next-gen Creative Cloud and the subscription model. The shrink-wrapped boxed software era draws to a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Cusick’s Corner 05-07-2013 The market has clearly rotated into offensive underlyings and out of defensive. Leadership has moved away from higher yielding defensive sectors, XLP/XLV/XLU, to sectors that perform better in stronger economic environments, XLE/XLF/XLI/XLB/XLI/XLK. The Energies, XLE, and Materials, XLB, are now challenging highs and are really taking on a strong leadership role in [...]

05/07/13 James E. Coffey Securities’ Gregory Keating weighs in on record high levels for the Dow and S&P 500. Bigger picture fundamentals are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/07/13 Asian markets were mostly higher overnight with the Nikkei surging 3.6% to over 14,000 for the first time since June 2008.  Europe is rallying and U.S. futures were modestly … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Check out my latest article “The Similarity To 1979-82 Is Uncanny” in SeekingAlpha.com. In it I explained the following chart: … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/07/13 Wall Street tracked global bourses higher as broader market-moving fundamentals were digested. Cautious optimism boosted equity averages above key technical … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Tuesday, May 7, 2013 Cocoa has been one of the top performing commodity markets in recent weeks due to the adverse growing conditions in West Africa. After very weak Q1 European grindings and Asian demand, confectioners have indicated that European activity has picked up. The combination of smaller output and better demand has bucked the [...]

Early last year the US Attorney for the Southern District of New York, Preet Bharara, in alluding to activities within the hedge fund community asserted that insider trading was rampant and routine. Strong words. Fast forward a year and a recent survey of those within the hedge fund world unsurprisingly shows that a host of [...]

05/07/13 The price of oil edged slightly lower Tuesday as fears over Israeli involvement in Syria’s civil war … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/07/13 The euro rose sharply against the U.S. dollar during early trading hours Tuesday following the release of an unexpectedly strong German industrial orders … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

By ForexMansion.com The Trend Trader for ETFs For Trading On Wednesday, May 8, 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 110.75 110.90 111.20 Bearish BND – Vanguard Total Bond Market [...]

By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Wednesday, May 8, 2013 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 8.64 8.65 8.53 Neutral AXP – American Express Company 70.24 70.27 69.64 Neutral BA – Boeing Co 94.79 [...]

By ForexMansion.com The Trend Trader for Futures For Trading On Wednesday, May 8, 2013 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Jun ESM3 1620.50 + 0.43 1611.08 1598.83 Bullish Dow Jones – Jun YMM3 14983 + 0.52 14907 14826 Bullish Nasdaq – Jun NQM3 2946.50 ? 0.03 [...]

05/07/13 The midweek calendar brings more earnings reports and a handful of global economic data … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Here’s today’s Central Bank News’ link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news. Coeure says ECB may assess banks’ balance sheets [...]

    Australia’s central bank’ cut its benchmark cash rate by 25 basis points to 2.75 percent as lower-than-expected inflation had given it scope to cut rates to “encourage sustainable growth in the economy.”     The Reserve Bank of Australia (RBA), which embarked on an easing cycle in October 2011 and last cut its [...]

Cusick’s Corner 05-02-2013 After Hours Stock market averages scored solid gains on a busy day of economic and earnings news Thursday. A number of large caps, including GM, Facebook (FB), Visa (NYSE:V), Seagate Tech (NASDAQ:STX), and Prudential (NYSE:PRU), were higher in the wake of their respective results. On the economic front, data released early showed [...]

Cusick’s Corner 05-06-2013 After Hours Stocks finished mixed on a relatively slow news day Monday. With no economic data or earnings of broad market significance to guide the action, trading opened steady after overseas markets saw a day of mostly range-bound and uneventful action. Crude oil erased midday losses to add 22 cents to $95.82. [...]

( click to enlarge ) 3D Systems Corporation (DDD) is a good momentum stock and looks great for a test of the highs. The chart is showing a strong bullish bias. OBV is increasing, indicating accumulation of shares in the market and MACD is indicating upward swing. I’m using today’s high of $43.72 as resistance [...]