( 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 [...]

05/06/13 Acer unveiled Windows 8 notebooks with distinctive features in the form of the Aspire R7 and P3. Android-based Iconia A1 and B1 offer flexible price points and basic … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

During the first week of May every year, the maxim, “Sell in May and Go Away,” gets taken out, dusted off and powered up as a reason to sell stocks. The rhyme is more than just a catchy urban legend: June, July, August and September have historically been the weakest months of the year for [...]

05/06/13 Rockwell Global Capital’s Peter Cardillo discusses global fundamentals and the latest equity market action. Expectations for this week’s key events are also … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A member asked me about the relatively low intraday TICK readings on Friday’s big breakout above 1,600 in the SP500 and 15,000 in the Dow Jones and wondered why the TICK did not spike well above 1,000 on the opening gap and intraday breakout higher. For example, the NYSE Intraday TICK high on an ohtherwise [...]

A member asked me about the relatively low intraday TICK readings on Friday’s big breakout above 1,600 in the SP500 and 15,000 in the Dow Jones and wondered why the TICK did not spike well above 1,000 on the opening gap and intraday breakout higher. For example, the NYSE Intraday TICK high on an ohtherwise [...]

05/06/13 After a rousing end to last week, the trading session seemed a bit muted with the Dow little changed on a lack of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/06/13 The dollar inched higher versus the yen on Monday, clinging to gains made late last week after the better-than-expected U.S. jobs data eased concerns about the outlook for the world’s largest … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Monday, May 6, 2013 Equity market bulls rejoiced after better than expected employment data gave traders the confidence to send the S&P 500 index to record levels on Friday. However, not all the economic data released on Friday was bullish. The Institute for Supply Managers Non-Manufacturing Index for April came in at 53.1, vs. expectations [...]

05/06/13 US equity averages traded mixed, after the Dow and S&P 500 hit record highs last week. Earnings reports and M&A news topped … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

If those in my beloved hometown of Boston “love that dirty water”, then similarly current management at my last stop on the sell side of Wall Street, that being JP Morgan (NYSE:JPM), seem to ‘love that dirty money.‘ The filth and stench surrounding this story runs so high as to have recently influenced JPM’s bedmates [...]

By ForexMansion.com The Trend Trader for the Dow 30 Stocks For Trading On Tuesday, May 7, 2013 In alphabetical order by symbol Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading AA – Alcoa Inc 8.69 8.57 8.53 Bullish AXP – American Express Company 70.06 69.89 69.64 Bullish BA – Boeing Co 94.19 [...]

By ForexMansion.com The Trend Trader for ETFs For Trading On Tuesday, May 7, 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 110.81 111.11 111.20 Bearish BND – Vanguard Total Bond Market [...]

By ForexMansion.com The Trend Trader for Futures For Trading On Tuesday, May 7, 2013 INDICES Close % Change 3×1 7×5 Minor Trend Major Trend Trend Reading S&P 500 – Jun ESM3 1613.50 + 0.31 1601.50 1598.83 Bullish Dow Jones – Jun YMM3 14906 + 0.05 14832 14826 Bullish Nasdaq – Jun NQM3 2947.50 + 0.43 [...]

05/06/13 Crude oil took a dip Monday morning as momentum from Friday’s jobs data began to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/06/13 European stocks are basically flat and U.S. futures are were modestly higher as Chinese services saw their worst growth in two years. Also, Youtube looks to start charging and France’s Moscovici says austerity is … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/06/13 Tuesday brings a light US economic data calendar but is packed with earnings reports. The RBA rate decision will be closely … [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. With caution, Japan’s neighbors welcome ‘Abenomics’ (Reuters) Coeure: [...]

The treatment of foreign trade statistics in the GDP estimates is tricky, confusing, and may contribute to an unwarranted aversion to imports. The reason is that we add categories of spending to get to GDP, but we subtract imports. For example, we add Consumption spending to Investment spending to Government spending to spending on Exports, [...]

    Last week 11 central banks took policy decisions with six banks keeping rates steady (Angola, Albania, the United States, the Czech Republic, Romania and Uganda), Bulgaria raising its rate and four banks cutting rates, most notably the European Central Bank (ECB) and the Reserve Bank of India (RBI) along with Denmark and Botswana.     Both [...]

The media recently have been bashing central banks, why not, a little ribbing keeps them honest (yeah right) ! First, this has to be a all time classic from Warren Buffet side kick, Charlie Munger Second, Central bankers have robbed Peter the saver to Paul the … [visit DailyMarkets.com to read more] or compare Credit [...]

Globelynx connects corporate clients and educational institutions directly to broadcast TV network. David Fitzgerald, CEO of Globelynx is interviewed by Chitra Nawbatt at the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/04/13 Apps are everywhere! From services, data and games – apps brings convenience to your fingertips. Hotmail has gone the way of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/03/13 Stocks surged to new all-time highs Friday, with the S&P 500 crossing above 1,600 and the Dow topping 15,000, as Wall Street applauded a better-than-expected April nonfarm payrolls … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/03/13 Rockwell Global Capital’s Peter Cardillo helps dissect the US jobs report and weighs in on this week’s central banks rate … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/03/13 The US economic calendar is light but earnings reports continue in earnest. A handful of global data from China, the Euro zone and the UK are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/03/13 The price of crude oil continued to rise Friday, a day after posting its biggest jump this year, after the Labor Department’s non-farm payrolls data showed that the U.S. economy added 165,000 new jobs in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

05/03/13 Wall Street rallied on the better-than-expected US jobs report for April. The Dow topped 15,000 and the S&P 500 broke above … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

There was some excitement this week about the relative breakout of the Technology sector against the market: Given the dominant weight of Apple in the Technology sector, consider the relative performance of an equal weighted Tech index. the equal-weighted NASDAQ 100 (QQEW) against the SPX. While the XLK has rallied out of a relative downtrend [...]

    Uganda’s central bank held its Central Bank Rate (CBR) steady at 12.0 percent, saying a neutral monetary policy stance was warranted in light of an expected stabilization of core inflation around the central bank’s 5.0 percent target and underlying positive economic momentum.     The Bank of Uganda (BOU), which slashed its key [...]