Stocks and Dollars http://stocksanddollars.com Just another WordPress weblog Sat, 04 Feb 2012 20:10:01 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Weekly Economic and Financial Commentary http://stocksanddollars.com/weekly-economic-and-financial-commentary-191/ http://stocksanddollars.com/weekly-economic-and-financial-commentary-191/#comments Sat, 04 Feb 2012 20:10:01 +0000 admin http://stocksanddollars.com/weekly-economic-and-financial-commentary-191/ This week’s economic data continued to point toward sustained economic growth. The employment situation improved at a better-than-expected pace in January with 243K additional jobs added. Personal income and spending data indicated that personal incomes rose modestly in December, but slightly lower consumer spending resulted in a higher savings rate

]]> http://stocksanddollars.com/weekly-economic-and-financial-commentary-191/feed/ 0 Not Sure About Apple? Buy Qualcomm Instead http://stocksanddollars.com/not-sure-about-apple-buy-qualcomm-instead-2/ http://stocksanddollars.com/not-sure-about-apple-buy-qualcomm-instead-2/#comments Sat, 04 Feb 2012 19:28:24 +0000 admin http://stocksanddollars.com/not-sure-about-apple-buy-qualcomm-instead-2/ By Benjamin Koellmann:

Despite another blowout quarter reported by Apple (AAPL) on January 24, it seems Apple naysayers still find reasons to make you doubt about investing in the company’s stock. Some of these critics doubt Apple’s ability to sufficiently reinvent itself and/or to retain its status as the market leader in smart phones and tablets. Others ignore the underlying growth in earnings and believe that a stock that has esentially quadrupled over the past three years and is now trading at $450 with a $400bn-plus market cap must inherently be overvalued. Others again try to foreshadow Apple’s doom, underlining concepts such as the “law of large numbers” or the fact that the company isn’t worth much without its iconic founder, Steve Jobs.

I could write an entire article about why I think the above statements are wrong and frankly don’t make much sense. However, instead of writing the 12,357th article this month

Complete Story »

]]> http://stocksanddollars.com/not-sure-about-apple-buy-qualcomm-instead-2/feed/ 0 The Weekly Bottom Line http://stocksanddollars.com/the-weekly-bottom-line-193/ http://stocksanddollars.com/the-weekly-bottom-line-193/#comments Sat, 04 Feb 2012 18:09:14 +0000 admin http://stocksanddollars.com/the-weekly-bottom-line-193/ You’d be forgiven if you began this week feeling a bit glum. With the Federal Reserve downgrading their forecasts for economic growth and reinforcing their pessimism with a commitment to leave interest rates at low levels until late 2014, who wouldn’t be left feeling a bit melancholy? Even more, who,

]]> http://stocksanddollars.com/the-weekly-bottom-line-193/feed/ 0 Weekly Economic and Financial Commentary http://stocksanddollars.com/weekly-economic-and-financial-commentary-190/ http://stocksanddollars.com/weekly-economic-and-financial-commentary-190/#comments Sat, 04 Feb 2012 17:53:29 +0000 admin http://stocksanddollars.com/weekly-economic-and-financial-commentary-190/ This week’s economic data continued to point toward sustained economic growth. The employment situation improved at a better-than-expected pace in January with 243K additional jobs added. Personal income and spending data indicated that personal incomes rose modestly in December, but slightly lower consumer spending resulted in a higher savings rate

]]> http://stocksanddollars.com/weekly-economic-and-financial-commentary-190/feed/ 0 The Weekly Bottom Line http://stocksanddollars.com/the-weekly-bottom-line-194/ http://stocksanddollars.com/the-weekly-bottom-line-194/#comments Sat, 04 Feb 2012 17:33:18 +0000 admin http://stocksanddollars.com/the-weekly-bottom-line-194/ You’d be forgiven if you began this week feeling a bit glum. With the Federal Reserve downgrading their forecasts for economic growth and reinforcing their pessimism with a commitment to leave interest rates at low levels until late 2014, who wouldn’t be left feeling a bit melancholy? Even more, who,

]]> http://stocksanddollars.com/the-weekly-bottom-line-194/feed/ 0 Weekly Review and Outlook: Risk Rally Extended on Global Economic Data, Aussie and Kiwi Gained Most http://stocksanddollars.com/weekly-review-and-outlook-risk-rally-extended-on-global-economic-data-aussie-and-kiwi-gained-most/ http://stocksanddollars.com/weekly-review-and-outlook-risk-rally-extended-on-global-economic-data-aussie-and-kiwi-gained-most/#comments Sat, 04 Feb 2012 12:12:54 +0000 admin http://stocksanddollars.com/weekly-review-and-outlook-risk-rally-extended-on-global-economic-data-aussie-and-kiwi-gained-most/ Risk markets’ pull back was rather shallow last week with help of solid global economic data and indeed, major equity indices finally resumed recent rise after much stronger than expected employment data from US. While DOW is still limited by an intraday high made last year at 12876, the close

]]> http://stocksanddollars.com/weekly-review-and-outlook-risk-rally-extended-on-global-economic-data-aussie-and-kiwi-gained-most/feed/ 0 EUR/USD Weekly Outlook http://stocksanddollars.com/eurusd-weekly-outlook-99/ http://stocksanddollars.com/eurusd-weekly-outlook-99/#comments Sat, 04 Feb 2012 08:09:11 +0000 admin http://stocksanddollars.com/eurusd-weekly-outlook-99/ EUR/USD turned into consolidation below 1.3233 last week and initial bias remains neutral for some more sideway trading. On the upside, sustained break of 38.2% retracement of 1.4246 to 1.2625 at 1.3244 will resume the rebound from 1.2625 and target 61.8% retracement at 1.3627. On the downside, break of 1.2931

]]> http://stocksanddollars.com/eurusd-weekly-outlook-99/feed/ 0 USD/JPY Weekly Outlook http://stocksanddollars.com/usdjpy-weekly-outlook-99/ http://stocksanddollars.com/usdjpy-weekly-outlook-99/#comments Sat, 04 Feb 2012 08:09:10 +0000 admin http://stocksanddollars.com/usdjpy-weekly-outlook-99/ USD/JPY dropped sharply to as low as 76.02 last week but made a temporary low there and recovered. Initial bias is neutral this week for some consolidations and the pair might recover back towards 55 days EMA (now at 77.14). Though, note that the strong break of 76.55 support confirmed

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