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Monday, June 13, 2011

Stock Tips & News

Top News
(Source: Mortgage Strategy)Bank chiefs have warned that capital requirements are too high and any further increase would take hundreds of billions of pounds out of their lending capacity. Speaking ...
By Jamie Saettele, The slow grinding decline in the AUDUSD from above 11000 is viewed as wave A (leading diagonal or wedge to classical technicians). The secondary top may be in place at 10774. I ...
With the economy hitting a “soft patch,” investors are wondering if we may see the so-called QE3, a third round of quantitative easing in which the Federal Reserve would use its money-making ...
(Source: Info-Prod Research (Middle East))According to FDI: China's imports grew faster than expected in May, indicating the country's appetite for commodities remains strong. Imports jumped 28.4 ...
If the fear of running out of power on an interstate may has given you pause about buying one of the new gas-electric models — even with sky-high gasoline prices — then you understand one of the ...
By Gary Kaltbaum Jun 13, 2011 11:00 am When the markets are in a bear phase, as they are now, it becomes immensely important to keep our eye on certain things. Over the past few weeks, I have been ...

The Washington Post
Oil falls to below $99 in Asia as traders eye report of Saudi output boost
SIGNAPORE — Oil prices fell to below $99 a barrel Monday in Asia, extending a big loss from Friday after a report said Saudi Arabia plans to boost its crude production.
( Associated Press Associated Press , AP)

Microsoft NUAds: Engage With Xbox Kinect Game Ads Through Voice, Gestures ( by TechCrunch.com , TechCrunch.com)  
World markets slip on worries that recoveries in US, China aren't keeping pace
BANGKOK — World stock markets mostly sank Monday as investors warily eyed a possible rate hike by China’s central bank and evidence that recoveries in the world’s major economies are sputtering. ( Associated Press Associated Press , AP) 

China sets fares for Beijing-Shanghai high-speed rail, set to open this month
SHANGHAI — Chinese railway authorities say all is ready for the opening of a showcase high-speed railway between Beijing and Shanghai later this month.
( Associated Press Associated Press , AP) 

Saab signs $351 milion manufacturing deal with China's Youngman, Pang Da
STOCKHOLM — Saab Automobile AB said Monday it has signed a nonbinding agreement with two Chinese companies, which will inject a total of €245 million ($351 million) into Saab-owner Spyker Cars NV. ( Associated Press Associated Press , AP) 

Prada Sees Future in Asia
Prada's head designer said she strongly promoted Hong Kong over Milan for the IPO, despite opposition in the Italian business community, because Asia "is where the future is."
Israeli central banker Stanley Fischer said his training as an economist would be "essential" to running the IMF and handling economic crises, setting up a sharp comparison with his major rival, France's Christine Lagarde, a lawyer by training.
IMF Mum on Details of Network Cyberattack
The International Monetary Fund wouldn't say if any confidential information had been compromised in a recent cyber attack that infiltrated its computer network.
Stocks Swoon, Worry Rises
For all the drama of Friday's stock market drop, the extent of the market's recent decline has been relatively mild. But if past investor behavior is a guide, the market could be in for a more severe decline.  
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Summer pullback seen for gold but bullish for rest of year-UBS

UBS Investment Research has suggested the gold price may pullback over the summer months, but any dips well supported and has raised its three-month gold forecast to $1,600/oz.    Monday , 13 Jun 2011

The real price of gold: What you see is not necessarily what you get

The factors affecting the true price of gold for the investor and why Exchange Traded Funds (ETFs)proved so popular in the sector    Sunday , 12 Jun 2011

Giant Chilean copper mine still operating below half capacity

Violence by those contractors who have not gone back to work following strike at Chile's giant underground copper mine, El Teniente, has kept staff away, with mine operating only at 40% capacity    Saturday , 11 Jun 2011

Nickel heading for major oversupply and prices could dive - Analysts

With nickel's production to supply surplus continuing to rise sharply, analysts are looking for significant price falls from current levels in the year ahead.    Monday , 13 Jun 2011

Goldman Sachs to launch commodities index with Clive Capital - Report

According to the Financial Times, the index will be designed to minimise the risk of large losses by changing its exposure to individual commodities over time    Monday , 13 Jun 2011

Gold net longs rise for third week. Silver and copper net longs up too.

COMEX gold net longs have risen to highest levels for almost a month. Silver and copper longs rise as well    Saturday , 11 Jun 2011

Silver in China could turn out to be the new gold

China has turned from a net exporter of silver to a big net importer with both industrial and investment demand soaring. Middle Eastern demand also appears to be picking up strongly.    Friday , 10 Jun 2011

Gold and silver rises so far a ‘drop in the bucket' - Wiegand

As the global economy remains in turmoil, Trader Tracks Editor Roger Wiegand thinks gold and silver have much further to rise while global economic turmoil is far from over. Interview with The Gold Report.    Saturday , 11 Jun


Stock index futures signal slight rebound June 13, 2011 04:49 AM ET PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.2 percent at 0804 GMT (4:04 a.m. ET). | Full Article
Inflation expectations are key concern - Bank's Dale 13 JUN 2011 00:07 BST LONDON (Reuters) - Inflation expectations are a key concern for the Bank of England, and policymakers cannot be totally sure that they remain well-anchored, the central bank's chief economist Spencer Dale said Monday. | Full Article
Lagarde strengthens IMF bid with Indonesia backing 13 JUN 2011 00:14 BST JAKARTA/CAIRO (Reuters) - French Finance Minister Christine Lagarde stretched her lead in the race for the IMF's top job on Sunday when Indonesia became the first big developing economy to back her publicly. | Full Article
European shares stabilise after sell-off 13 JUN 2011 11:00 BST LONDON (Reuters) - European shares stabilised on Monday after the previous session's sharp sell-off, as analysts said global growth worries and the Greek debt crisis would continue to weigh on the market. | Full Article
European shares stabilise after sell-off 13 JUN 2011 11:00 BST LONDON (Reuters) - European shares stabilised on Monday after the previous session's sharp sell-off, as analysts said global growth worries and the Greek debt crisis would continue to weigh on the market. | Full Article
Roubini sees "meaningful probability" of China hard landing June 13, 2011 07:21 AM ET SINGAPORE (Reuters) - China faces a "meaningful probability" of a hard economic landing and the euro zone is storing up problems for the future by not tackling the debt crisis head on, said Nouriel Roubini, the economist who predicted the global financial crisis. | Full Article
World stocks hit 12-week low June 13, 2011 07:45 AM ET LONDON (Reuters) - World stocks touched a 12-week low on Monday as Chinese data highlighted concerns about weaker global growth, prompting investors to unwind positions in higher-risk assets and buy top-rated government bonds. | Full Article
Morning Market Briefing
Core machinery orders in Japan were down a seasonally adjusted 3.3 percent on month in April, the Cabinet Office said on Monday, falling for the first time in four months while reflecting the ongoing damage from the devastating earthquake and tsunami on March 11 - suggesting that a recovery for capex is not as far along as hoped. (Jun 13, 2011) Full Article
Britons' long-term inflation expectations are well-anchored to the target, Bank of England chief Economist Spencer Dale said Monday. (Jun 13, 2011) Full Article
Chinese new loan growth slowed in May as the central bank continued to tighten policy in an effort to tame inflation, data from the People's Bank of China showed Monday. (Jun 13, 2011) Full Article
VF Corp. (VFC) Monday reported agreeing to acquire The Timberland Co. (TBL) for $43 per share in a cash transaction that values Timberland at $2 billion. The transaction is expected to complete in third-quarter 2011 and contribute to 2011 revenues and earnings. (Jun 13, 2011) Full Article
The Daily Crux
This terrible fraud has pushed America to the verge of a full-blown police state
"All it requires now is a triggering event..."
Two ominous charts could have a big impact on stocks
"Both have broken out of multi-year patterns at the same time..."
New evidence reveals the real goal of QE2
"None of the cash ever made it to U.S. banks..."
How to know if you're ready to retire
Three simple questions can reveal your retirement readiness...
Jim Rogers reveals his favorite investment for the next 10 years
This "is going to be one of the great industries of our time."
One of the single biggest reasons to be bullish on stocks right now
"For the first time since September 10, 2010, the 'dumb money' indicator has turned bearish..."

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