ntrader

The euro slide from 1.3568 high is still underway and there is a risk of deeper drowning towards 1.3410, strong resistance at 1.3520 a violation of that level will state, that the consolidation is over.

Tesla TSLA Model S sport sedans will be added to Hertz's high-end rental fleets in Los Angeles and San Francisco

Bed Bath & Beyond BBBY FQ2 earnings rose 11% on a 9% jump in sales, at the upper end of company guidance.

USD dropped sharply against the yen in the beggining of the week but then recovered these losses. US releases looked sharp and the improving US economy bodes well for the dollar. At the same time, the Japanese economy has been picking up steam, and if this week’s inflation numbers are strong, the yen could gain ground.

I am mostly looking weekly time frame

Caterpillar CAT released dismal sales numbers for machines during June, July, and August, suggesting that revenue and most likely profits will be down for the third quarter of 2013

Support stands at the 1,300 level with a violation targeting the 1,272 level. A turn below will turn attention to the 1,250 level and next the 1,215. Its weekly RSI is bearish and pointing lower supporting this view. The commodity will have to return above the 1,368.00 level to reduce its downside pressure.

The pound posted strong gains following the non-taper shocker from the Fed, but the dollar recovered much of those losses following strong releases last week. Unemployment Claims were solid, and housing and manufacturing releases looked sharp as well. In the UK, Retail sales was a disappointment late in the week, posting a sharp decline.

LinkedIn Accused of Hacking Users’ Email Accounts.

Rocket Fuel doubled in their debut as investors flocked to grab a piece of the company that has shown impressive revenue growth.

RBC Capital downgraded Peregrine Semiconductor PSMI to Perform from Outperform with a PT of $10.

Goldman is advising J.C. Penney (JCP) on "additional fundraising options including borrowing against its real estate holdings."

Angela Merkel is expected to win a third term as Chancellor as Germany goes to the polls today

The consolidation below 1.3568 high will aim to test 1.3450 support area before bouncing higher, towards 1.3710 major resistance.

The downtrend from 100.60 has been completed at 97.73 low and the bias is already positive, for a rise towards 100.60.

Stifel Nicolaus raises its target price on Matador Resources to $20 from $15

Tesla shares hit a new all-time high, climbing to as much as $185.83.

Blackberry announced it was cutting 40% of its entire workforce and said it lost nearly $1 billion last quarter.

From the minute Apple announced the price of the iPhone 5C, $99 with a two-year contract, the stock has dropped 10%.

As i mention in my previous post, the euro managed to reach 1.3250 and closed the week at 1.3293 vs USD. An improving sentiment about hte euro currency probably will drive to higher levels with first target 1.3348.

Deutsche starts coverage on Yelp with Buy rating and $81 price target

Euro will try to reach 1.3255 this week if nothing noisy come from the Syrian frontier

Comedian Aziz Ansari has decided to release his newest stand-up special straight to Netflix rather than having it premiere in another format before appearing on the popular video streaming platform.

ISE launched mini option contracts on March 18, 2013. The launch included five securities: Google (GOOG), SPDR Gold Trust (GLD), Amazon (AMZN), Apple (AAPL) and the SPDR S&P 500 ETF (SPY). If the underlying security trades above $90, there is a possibility of an additional series of mini options. Weekly and quarterly mini options were also introduced by exchanges. Weekly mini options expire within the week compared to the usual one month window. This gives the trader more ability to match the short-term market movement with the option. A mini option contract has an appended number 7 symbol to its security name ( AAPL7, GOOG7, GLD7, AMZN7, SPY7). Mini options are beneficial to small traders who cannot afford to perform large trades using the standard 100 shares per contract. Risk is managed better as the traders will be able to trade the popular stocks without taking too much from their capital.

Ford recalling about 370,000 model year 2005 to 2011 Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town sedans in the US Canada