Daily Data Flow: Stimulus Efforts Boost Market; Oil Left out of Market Rally; Dollar, Euro Beat Easing Yen

Daily Data Flow

Stimulus Efforts Boost Market (Bloomberg)
Stocks rose today, with investor optimism over stimulus efforts overcame fears caused by an increase in U.S. jobless claims. “The big issue for investors will be what the U.S. employment report shows tomorrow,” said Janelle Nelson, a Minneapolis- based portfolio analyst with RBC Wealth Management’s portfolio advisory group.

Oil Left out of Market Rally (CNBC)
A combination of risk, increasing Western Hemisphere supplies and worries about worldwide demand are keeping oil prices from experiencing growth similar to that of the rest of the U.S. market. “There’s a concern that increased Western Hemisphere oil production in Canada, Mexico and the U.S. are creating prospects for enormous supplies of crude oil,” said Richard Hastings, global macro strategist at Global Hunter Securities. He suggested that investors are reacting too quickly to these changes, affecting oil prices negatively.

Dollar, Euro Beat Easing Yen (Reuters)
With the Bank of Japan committing to an ambitious quantitative easing program, both the dollar and the euro made their biggest daily percentage gains versus the yen in almost five years. “This is not your grandfather’s BOJ,” said Boris Schlossberg, managing director of FX Strategy at BK Asset Management in New York. “The fact that they came out, doubled the size of the QE and are willing to do all these non-conventional measures suggested that they really want to take dollar/yen to 100.”

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

Gold and silver have been in a bear market for the past two years, but a private alternative currency is all the rage and has tripled in value this year! Bitcoin is a private digital currency, created in 2009, which now has a monetary base of $1 billion. It is in many ways like a gold standard with limited supply and no central bank or government control. But, unlike the gold standard, there are no storage fees. The supply of Bitcoins is strictly limited by the owners who can only create more by

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE