Ashraf Laidi on CNBCArabia on Apple & US Banks & Indices- Mar 20, 2012

Mar 20, 2012 10:13

Ashraf tells CNBC Arabia that 1 week after the biggest US banks announced a hike in dividend payouts and share purchases, technology blue chip Apple announces a $10 bn stock buyback and the first dividend in 17 years. The news has given a fresh lift to equities, lifting the NASDAQ by 18% YTD, more than double the DJIA's 8.5%. S&P500 is up 12% YTD. Ashraf adds that the stock-specific news from Apple and JP Morgan are providing a positive response to concerns from the bearish camp pointing to the lack of outright QE3 from the Fed as reason for worry. For tradable ideas on these dynamics, visit the Premium Intermarket Insights here: www.ashraflaidi.com/products/sub01/

Latest IMT - Jan 22

Trump's Golden Hit

Here is 90-second video on gold's movements during Trump's speech in Davos. The apparent deal struck with Europe over Greenland has helped stocks and weighed down on metals. Gold fell more than $100 after reaching the $4890 target first mentioned 4 weeks ago. I still own my nulcear and rare earths stocks, such as CCJ, OKLO, TMC and UAMY as well as the semiconductor derivative plays, but also diversified to non tech such as AIR, APG, BBIO and others. After having united Europeans over Greenland resulting from his threatsm, Trump is now shifting towards gradually dividing Europe by prompting nations to compete for positioning over rare earths. China will also likely revert to its aggressive policy and rare earths will likely benefitl. The Maths Reminder on XAUUSD is in this video.

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Latest Hot-Chart - Jan 22

EURGBP Channel Test EURGBP is on the cusp of a channel breakout. One of the least well known secrets is how this pair correlates with major equity indices. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..