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Wednesday, January 25, 2012

Analysts continue to be stunned by the rate at which cash is rolling into Apple (AAPL). At current cash flows, the company’s hoard is expected to grow from $96.7 billion to $130 billion by next June, an increase of nearly $220 million a day!
So far, the company has resisted every entreaty to part with some of this dosh, either…

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Newspapers, TV, radio, and the Internet all carried the same headline in San Francisco today: “Apple Now World’s Largest Company.” That was the response to the company’s Q4 earnings of $13 billion announced yesterday that drove its market capitalization skyward to $415 billion, surpassing ExxonMobile’s (XOM) once again.
What is even more amazing is that its cash position now sits…

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Fed_Sends_US_Dollar_Index_Plummeting-_Further_Risks_Ahead_body_Picture_2.png, Fed Sends US Dollar Index Plummeting- Further Risks Ahead
Fed_Sends_US_Dollar_Index_Plummeting-_Further_Risks_Ahead_body_Picture_3.png, Fed Sends US Dollar Index Plummeting- Further Risks Ahead
The greenback is markedly weaker at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by 0.55% on the session. The dollar reversed course mid-day on the heels of the FOMC rate decision where the central bank vowed to keep interest rates at record lows through 2014 as unemployment remains stubbornly high and …

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DJ FXCM Dollar Index

Index Last High Low Daily Change (%) Daily Range (% of ATR)
DJ-FXCM Dollar Index 9921.14 9931.27 9872.68 0.36 90.93%

USD_Index_Points_To_Additional_Strength_Yen_Poise_To_Weaken_Further_body_ScreenShot040.png, USD Index Points To Additional Strength, Yen Poise To Weaken Further
The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.36 percent higher from the open after moving 91 percent of its average true range, and the bullish divergence in the 30-minute relative strength index instills a …

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Trading the News: Reserve Bank of New Zealand Interest Rate Decision
What’s Expected:
Time of release: 01/25/2012 20:00 GMT, 15:00 EST
Primary Pair Impact: NZDUSD
Expected: 2.50%
Previous: 2.50%
DailyFX Forecast: 2.50%
Why Is This Event Important:
Although the Reserve Bank of New Zealand is widely expected to keep the benchmark interest rate at 2.50%, the policy statement accompanying the …

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It is already January 24, and the S&P 500 has seen a grand total of two down days so far in 2012. Are we on the eve of one of the great bull markets of all time? Is it off to the races once again?
I follow dozens of fundamental and trading research services and the number that are flashing…

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Fundamental Headlines
• Economy in U.S. Preferred by Investors – Bloomberg
• Obama Calls for Higher Taxes on Wealthy – Bloomberg
• Fed Set to Push Back Timing of Eventual Rate Hike – Reuters
• German Bunds Draw Strong Demand – WSJ
• Obama Makes Populist Pitch – WSJ
European Session Summary
Price action was very choppy in the overnight, …

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Guest_Commentary_MarketVisionTV_Cable_Two_Wave_Counts_One_Trading_Strategy_body_ScreenShot038.gif, Guest Commentary: MarketVisionTV - Cable Two Wave Counts, One Trading Strategy
Cable did spike to 1.5630 to beg two slightly different wave counts but essentially one view and one trading strategy. It is still possible that the spike to 1.5630 ended five wave trend sequence and therefore A if not the end of an irregular correction. But we know Cable is almost incapable of retracing or falling without a double top. …

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Gold and silver changed direction and moderately slipped during yesterday’s trading along with other commodities. Today, the FOMC statement and rate decision will be announced, U.S. pending home sales report will be published along with the German business climate report, Great Britain’s GDP growth in the fourth quarter and ECB’s President Draghi will give a speech. Many look forward for …

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Talking Points

U.S. Dollar: Flight To Safety Gathers Pace, All Eyes On FOMC
Euro: ECB Continues To Oppose Greek Haircut, 23.6% Fib In Sight

U.S. Dollar: Flight To Safety Gathers Pace, All Eyes On FOMC
The greenback extended the advance from earlier this week, with the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDOLLAR) advancing to a fresh weekly high of …

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brightcove.createExperiences();

Natural gas will play a huge role in meeting U.S. energy demand in the future. That means there’s a lot of money to be made in this space. However, the price of this commodity is volatile thanks to the markets and political maneuvering, such as Obama’s recent move to back-burner the promising Keystone XL pipeline deal.
The real money,

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Tom Essaye

The market has been watching Europe, particularly the fact that (as of this writing) a deal still hasn’t been struck between the Greek government, the Troika (the ECB, IMF, and euro-zone leaders), and private holders of Greek debt (bankers, hedge funds, and sovereign wealth funds).
In order for Greece to avoid a default on €14.4 billion, which comes due on

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