Wednesday, June 20, 2012

Thursday, May 10, 2012

expressions



عام
U.S. stocks traded lower alongside other commodities
Coupled with the above,
slashed interest rates
, weighed down by
broad risk aversion
susceptible to a further squeeze next week عرضة لمزيد من الضغوط في الاسبوع القادم
As noted before,
eventually
its safe haven status
remained in contraction territory
stealing the spotlight away from a surprise interest-rate cut in China يسرق الاهتمام
Concerns over global oil demand also threw cold water on the commodity’s earlier rally يسكب ماء بارد
but he warned against expecting a quick turnaround following the banking rescue. حذر من
consequences of the weekend announcement الاثار المترتبة


trampled enthusiasm that came with U.S. data, which on Wednesday cast a favorable light on factory output

Since the BOE typically doesn’t release a statement when no changes to policy are made
Supporting early gains Monday,
Investors will be paying close attention to the results of indicators that are due to be released today

offered little forward guidance on where rates are expected to go in the near term

will establish the tone for risk appetite trends

is more worrisome اكثر اثارة للقلق

It's uncertain what government would be formed ليس معلوما

In Greece, neither of the country’s two pro-bailout parties secured enough votes to form a government

The report painted a “mixed picture
as the dollar continued its winning streak amid concerns about Greece

as investors fretted about political uncertainty in Greece ابدوا قلقهم او خوفهم من

reignited concerns on both sides of the Atlantic اثارت

Risk-averse investors piled into the dollar and U.S. Treasury notes نفور االمخاطرة دفعت المستمثرين للتكالب

the start of the year

The dollar is indisputably a safe haven بلاجذال هو ملاذ امن
Still, U.S. markets ultimately closed the day not far from where they opened.
and thereby ومن ثم

adding to concern that Europe’s economy is weakening.

The swing from negative to positive territory mirrored the move in European markets.
Unlike Sarkozy, Hollande advocates for more

month-to-date losses have reached 6.6%. So far this year, prices are down 0.9%.

The heightened sense of risk aversion وتزايد الشعور النفور من المخاطرة

The star performer  الافضل اداءا
kept their grip on the market ابقت قبضتها
Not only risk aversion, yet also worse than expected trade ليس فقط ولكن ايضا

if the market continues to experience risk aversion, gold loses its luster as a sfe haven, السوق يعاني من نفور المخاطرة والذهب فقد بريقه كملاذ امن

had gotten a brief respite from the dollar استراحة قضيرة
ending near a four-month low

Risk aversion dominates global markets today as worsening Greece situation weigh on sentiments


The robust data offset concerns that the economic recovery in the U.S. is losing momentum
Later in the day,
in the course في سياق

if the market can hold its gains or if it will succumb to profit taking
a wait-and-see approach

Dollar maintains some post-ISM gains in Asian session

there is lack of follow through buying so far لا يوجد شراء لاحق حتى الان

that has now been in place for more than three years استمرت لثلاث سنوات حتى الان

Natural-gas futures have repeatedly settled at 10-year lows اغلقت بصورة متكررة

ending a seesawing session in the red انهت جلسة متارجحة

روابط الكلمات

Over the weekend,
Beyond the headlines,

Though بالرغم من ان Consequently, بناء على ذلك
therefore وبالتالي
given that بالنظر الى
Furthermore, وعلاوة على ذلك
by a mere 1k in the week فقط ب
in the wake of في أعقاب in the aftermath of
Nonetheless, بالرغم من ذلك Nevertheless
ناهيك عن
not to mention
Earlier Tuesday,
upwardly revised عدلت او روجعت بالزيادة
vulnerable ضعيف
looked as though بدا كما لو كان looked as though it could break major resistance
So at 1.33, we can anticipate resistance.
that makes sense وهذا يبدو منطقيا
In such a case, في مثل هذه الحالة،
ensure recovery لضمان التعافي
In conjunction بالتزامن مع
And more importantly, it marked the third consecutive that claims were above 380k level. الاكثر اهمية انه اظهر استقرار
is in confluence with في التقاء مع - والتي تتلاقى مع
retain control يحتفظ بلاسيطرة
underscoring risks of a deeper slowdown مما يؤكد على مخاطر التباطؤ الاقتصادي

which is due to be released Friday المقرر انعقادها يوم الجمعة القادم
It needs to be seen whether it manages to rise past this important 1.0300 level or not
Failure to rise past 1.0300 will keep it pressured on the downside .
just shy of its Asian session peak of 1.3143

risk-correlated assets. risk-sensitive assets.
likely to offer clarity من المحتمل ان تعطي بعض الوضوح

conventional target/support الهدف التقليدي او الدعم المعتاد

For every stock rising roughly three fell تقريبا - ما يقارب


signal/risks an end of recovery phase off yearly low at 1.2622.

Inversely, على العكس من هذا
First and foremost, اولا وقبل كل شيء
Hollande is having a slight upper hand and
revealed اظهرت
and shift the focus from austerity to growth نقل الاهتمام من الى

Silver tracked gold lower Wednesday

number of individuals filing for initial jobless benefits
unfounded التي لا أساس لها

have been stuck in a narrow trading pattern in recent days,

offer insight into the economic health نقدم نظرة ثاقبة على الصحة الاقتصادية

topped Wall Street’s estimates.

Market participants noted that gold’s losses accelerated لاحظوا
its major counterparts.-rivals-peers

A weakening euro and stronger dollar have weighed on gold instead



. backed by the US manufacturing data.

to keep U.S. interest ratesد دون تغيير.

All the while, طوال الوقت فان
As a consequence, we believe there is an increased risk of a نتيجة لذلك
Yet the market shows some حتى الان

cited that ذكر ان
Interestingly, the advance came even ومن المثير للاهتمام,

i hope it makes sense امل ان الامر الأمر يبدو معقولا تماماKeeping QE3 “on the table” makes sense.

Dollar is back above 80 level against the Japan yen even though the recovery is relatively mild elsewhere. بالرغم من ان (في وسط الكلام)

توقعات البيانات الاقتصادية
versus expectation of a fall to 53.0, best number since last June.
A reading above 50% indicates expansion.
both came short of what had been widely expected
Latest data from SNB showed
Energy Department said stockpiles climbed 3.65 million barrels to 379.5 million, the most since August 1990. Inventories were forecast to advance 2 million barrels,
the data is not that great at all,  this data did not stoke a panic.
softer than expected
Its preliminary reading

that showed only 69,000 positions were added to nonfarm payrolls last month.

Among U.S. data releases, the Institute for Supply Management’s report on the services sector Tuesday is considered one of the key U.S. data releases for the week.

came disappointingly below forecasts

بدايات
a breather for the next few days to digest those gains would be normal
The dollar marched higher for an eighth straight session
The pair comes under increased pressure after yesterday’s upside rejection at 1.6180

 The single currency has continued to head south on renewed concerns over eurozone debt crisis

The single currency continued to trade defensively after yesterday's selloff to 1.2912,

Euro's recovery was rather short-lived

Stock indexes had fluctuated between gains and losses 

Crude futures edged lower Monday, taking a breather after a four-session winning streak but tallying monthly gains of nearly 2%.

Gold futures settled modestly lower Monday, pulled down by a stronger dollar and wobbly commodity markets

he GBP/USD is highly under pressure today

Risk markets continue to be under tremendous pressure on Greece political instability.

Euro stabilized from initial post election selloff

striking the lowest level in two weeks/ notching a fifth straight session of declines

Prices on Monday traded as low as $95.34 a barrel
Gold prices gained Thursday, on a relief rally
U.S. stocks opened on a weaker note and traded modestly lower, keying off the Chicago manufacturing report as well as the data about Spain’s gross domestic product.

Gold futures advanced Thursday, supported by a weaker dollar

Gold futures rallied Thursday, buoyed by a progressively weaker dollar

U.S. stocks extended gains into a third day Thursday as better-than-expected helped lift


U.S. shares soared higher Thursday as solid earnings lifted equity sentiment..

The U.S. dollar pushed higher against its major

 Crude-oil futures declined Friday as weak data out of China and ongoing demand concerns combined to pull prices to their lowest settlement of the year.

Oil futures traded substantially lower during Asian اسعار النفط تدوالت بشكل رئيسي الى اسفل
and has been the engine of strengthening demand.
Gold futures traded between small gains and losses Tuesday after data showed manufacturing in the U.S. expanding at a slightly faster pace in April.

Gold on Wednesday fell to its lowest since early July as concerns drained investors’ appetites for risk and helped push the U.S. dollar higher.
Euro's selloff resumed today after brief consolidation
Oil has ended lower for fourth sessions in a row
through-over-during 3 مصطلحات بمعنى خلال


الذهب والنفط

casting a pall /doubts over the global recovery and thus in demand for oil.

gold has been more of a risk asset than a safety asset recently

In general money is leaving commodities and equities and going to cash

as a broadly stronger U.S. dollar reduced the appeal of the precious metal

Gold’s modest recovery coincided with the U.S. dollar trimming gains against تزامن مع

The news prompted investors to sell riskier assets, such as stocks and industrial commodities, and purchase traditional safe haven assets like the U.S. dollar.

Oil bullish investors are hoping there might be some show of support

Gold prices often move inversely to the U.S. dollar, as gold becomes more
expensive for buyers using other currencies.

More monetary stimulus is widely expected to translate into a boost for gold prices, as investors worried about currency debasement seek an alternative store of wealth.

Strength in the dollar puts pressure on dollar-denominated commodities because it makes them more expensive for holders of other currencies.
Recent strength in the U.S. dollar prompted losses among most dollar-denominated commodities for the week.

Dollar weakness usually benefits gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies.

Policy easing tends to encourage investment in gold, as it raises inflationary pressures and in the case of extraordinary moves by the Fed, weighs on the value of the U.S. dollar — one of the main alternatives to gold.

Oil prices typically strengthen when the U.S. currency weakens as the dollar-priced commodity becomes cheaper for holders of other currencies.

.Starting the oil bearishness,
Gold investors will be closely watching U.S. data in the second quarter for clues as to the likelihood of a fresh round of monetary easing by the Federal Reserve.


along with a shift in the investors’ preference for riskier assets, extending the momentum sparked last week.

Silver is both a precious and industrial metal, with over 60% of demand for industrial applications, [meaning] positive signals for economic growth provide a leg up for silver,.”

close to target inflation

The news was somewhat bullish for crude, which rises amid economic expansion.
vulnerable to
A reduced likelihood of additional monetary stimulus is viewed as a negative for gold, as the metal is seen as a safe store of value and benefits when inflation fears rise.
reassess the market as sideways or bullish

created attractive entry points for investors to return to the market..

but took a turn for the worse following the release
shielded prices from steeper losses
attributed at
the relative safety of the U.S. dollar.
China is the world’s largest copper buyer, and the outlook for the industrial metal is closely tied to the nation’s economic growth
bargain hunters stepped in to buy the weaker prices .




الديون الاوربية

amid sustained eurozone debt worries
harsh austerity measures
in recessionary economies
deterioration in Spanish fiscal and financial conditions
the debt-wracked country  التي تعاني من الديون
fail to make debt payments as early as next month

the region’s debt crisis shows no sign of letting up soon

European headlines continue to exert the most influence over stock direction

but are less likely to help the Euro itself.

التسهيل الكمي
additional monetary stimulus
will remain open to more economic stimulus.
fuelled expectations for another round of easing from the Federal Reserve
Fed will introduce further monetary easing measures .
as supported by expectation that BoE won't extend the quantitative easing program in near term.
Pressure on further policy stimulus is somewhat eased.
easing concerns that the economic recovery in the U.S. is losing momentum and dampening speculation over the possibility of a third round of easing by the Federal Reserve.
Last week, Fed Chairman Ben Bernanke left open the possibility of further asset purchases to support the U.S. economy.

BoE will refrain from expanding it's quantitative easing program this month. يمتنع عن
appears to be turning relatively hawkish

further easing may be needed if the recovery loses traction
as investors grew hopeful that more stimulus for the global economy is around the corner.
tempered hopes for immediate stimulus by the Federal Reserve.

التحليل الفني

to suggest that an important low has formed
has been emerging as a new support level. استجد كمستوى جديد للدعم
turned lower and cut its intraday gains
it is a sign that bulls are still in charge
running out of steam
before it falls out of favor again
extending back to the June 2010 low
Hopes of possible basing at 1.2900 are fading

the risk is now building up towards the 1.2930/00 levels. Below here will open the door for a run at the 1.2879 level
From a technical standpoint,
As we dig lower,
The 1.26 level is turning out to be key resistance
meaningful rally تعافي ذ
Continues to trend higher off 0.9193
the next pivot being around 1.2870
acceleration lower could be seen on a break below 1.5460 platform
bearish outlook might not be over
used this level as support and it has begun to rise back above

may signal a pause in the latest strength

shows a market with persistent bearish momentum

This shows a failure to develop a bullish market after the upside breakout

The pair probes levels under 1.2953 يتحسس يختبر

On the other hand, a violation of === volatile - volatility

are expected to keep the downside protected for now

 a Double Bottom Attempt

 is for now seen as corrective

penetration of 1.6000 اختراق الستتوى

If we get a bounce,
 a better scenario to go long here than trying to catch a falling knife
Bearish continuation below 1.5770 opens up

further unwinding مزيد من التراجع

renewed selling might come in around the 1.29 handle

Selling picked up steam in the afternoon following news
now reverted to resistance تحولت الى



Monday, May 7, 2012

Friday, April 9, 2010

Bankrate tax advice

To put the struggling economy back on track, Congress has passed several new tax laws in recent years. The good news is some tax breaks will still be around in 2010 while new ones are in the works. Here are 10 tax moves that could help you lower your IRS bill in the New Year.

Tip 1: Buy a Home

The real estate market was a major economic drag, so lawmakers decided to jump-start it by offering first-time homebuyers a tax break. It seemed to work, so as 2009 wound down, Congress extended the first-time homebuyer credit and expanded it to folks looking to purchase move-up homes.

First-timers -- individuals who haven't owned a residence in the last three years -- can claim up to $8,000. Current homeowners who've lived in their residence for five of the eight years before buying can get up to $6,500.

You must have a contract in place by April 30, 2010, and the deal closed by June 30 to qualify for the credit.
More from Bankrate.com:

Even if your residential purchase is in 2010, you have the option to take the credit on your 2009 tax return or wait and claim it on your 2010 Form 1040. Run the numbers both ways to see which filing year will save you the most tax money.

Tip 2: Watch Out for Making Work Pay Complications

To get more money into taxpayers' hands, the American Recovery and Reinvestment Act included a new tax break, the Making Work Pay credit. Rather than being a separate rebate check, this credit started showing up in worker paychecks last April. By the end of 2009, eligible employees received an extra $400.

Some workers, however, got more than they should have. This happened, for example, when a worker had two jobs. The new withholding rates meant that employee got $400 at each job, or twice the allowable credit amount. Similarly, a husband and wife who each had jobs could have received excess credit.

This filing season, taxpayers will have to fill out the new Schedule M to reconcile any credit overages. You might want to fill out the form early to see just what kind of tax damage you might face.

If you did encounter a Making Work Pay problem in 2009, consider adjusting your withholding early in 2010.

Now about that 2010 payout. Even if you don't make any W-4 changes, you'll see more tax withheld from your paychecks than was taken out after the Making Work Pay credit went into effect last year. When the credit took effect, the full $400 amount was paid out over just the last nine months of the year. But with the credit being paid out over all 12 months of 2010, this year's per-paycheck bump will be smaller.

Tip 3: Convert Your Traditional IRA to a Roth

With the arrival of 2010, anyone can now convert a traditional IRA to a Roth retirement account. Before, shifting tax-deferred traditional IRA money into a tax-free Roth plan was not available to folks with adjusted gross income of $100,000 or more. That income limit has been removed.

If you decide this is the right retirement move for you, note that you will have to pay taxes on the previously untaxed amounts you convert. The good news is you can opt to pay half the conversion costs on your 2011 taxes, with the remainder in 2012.

Tip 4: Improve Your Home's Energy Efficiency

Thanks to another portion of last year's stimulus bill, the tax savings for energy-efficient home improvements were themselves improved.

Instead of a complicated patchwork of credit amounts, homeowners can claim up to 30 percent of the first $5,000 spent on qualifying residential energy upgrades, or up to $1,500 in tax credits. If you want to go even greener, for example by installing a solar home heating system, you could get even bigger tax credits.

The new credit format took effect last year, but is running through 2010. This might be the last year, though, so if you need to make home repairs, consider energy-efficient upgrades that could pay off at tax-filing time.

Tip 5: Hit the Road in a Hybrid

Gas prices stabilized over the last year, but there's no guarantee they won't once again nudge the $4 mark. If you're concerned about it, consider a hybrid. Even better, these cars could pay off at tax time.

However, you have to shop carefully. The hybrid credit, which is available through 2010, was designed to phase out once an automaker sold 60,000 eligible vehicles. That happened years ago with popular Toyota and Honda hybrids. Other auto manufacturers, however, still offer an array of fuel-efficient cars, trucks and SUVs that could save you tax dollars.

Tip 6: Hire an Estate Tax Attorney

The estate tax died as scheduled in 2010, but look for a retroactive resurrection this year. Congress effectively has until September to approve a new law since estate tax returns aren't due until nine months after a taxpayer dies. Most lawmakers agree that a tax should be in place. The question is: How much of an estate's assets should be exempted? The congressional re-examination of the estate tax highlights how estate planning can be complex, confusing and costly. Don't follow Congress' bad example and put off dealing with your estate and potential tax ramifications. See an estate tax professional and get your affairs in order sooner rather than later so that your heirs, not the IRS, are your ultimate beneficiaries.

Tip 7: Remember That RMDs Are Back

Tax-deferred savings plans such as traditional IRAs or workplace 401(k)s are great ways to build a retirement nest egg. But the IRS won't wait for its cut of the account earnings forever. Once you turn 70-1/2, tax law demands you start taking money out of these accounts via required minimum distributions, or RMDs.

In 2009, retirees didn't have to worry about RMDs thanks to a one-year waiver granted by Congress. In 2010, RMDs are back, so make sure you take out the requisite money or you could pay a stiff penalty.

Tip 8: Cash in on Low Capital Gains Rates

The Bush administration tax cuts included reductions in capital gains tax rates based on taxpayer adjusted gross income. Currently, the highest rate is 15 percent for individuals in the 25 percent to 35 percent tax brackets. Taxpayers in the 10 percent and 15 percent tax brackets pay no capital gains.

That's scheduled to change in 2011. The top rate will return to 20 percent; the zero rate will revert to 10 percent. There's always a chance Congress could continue the current lower rates, but with the federal deficit, the top capital gains rate is likely to increase. If you are in a higher income bracket and could eventually face higher capital gains taxes, speak with your tax and investment advisers about whether cashing in now at the lower rates fits your portfolio plans.

Tip 9: Be Aware of Rising Income Tax Rates

Similarly, several other Bush administration tax cuts are set to expire at the end of 2010. As for income taxes, the top tax rate is scheduled to return to 39.6 percent from the current 35 percent and the 10 percent bracket would be eliminated.

Will this happen? Right now, it looks as if the 10 percent bracket is safe, but higher-income individuals might be facing increased taxes in 2011. If you could be affected, talk with your tax and financial advisers about what steps you can take to soften the tax blow.

There has been some talk that growing deficits could prompt rate hikes ahead of schedule. However, a still-sluggish economy and upcoming 2010 midterm elections make that less likely. So pay attention to Congress and to Bankrate for the latest on where personal income tax rates might go.

Tip 10: Keep an Eye on Health Care

President Barack Obama had hoped that health care reform would be resolved by now. But look for this debate to continue into the early part of 2010. If or when lawmakers reach an agreement, you'll need to pay attention to what modifications might take effect.

Many changes, such as an increase in the amount of medical expenses necessary to deduct them, wouldn't show up for several years. Others, however, are on a fast track. For example, the proposal to limit flexible spending account contributions to $2,500 a year would take effect in 2011. If that change comes to pass, you'll need to account for it in 2010 as you make decisions about your company health care benefits.
Copyrighted, Bankrate.com. All rights reserved.

Friday, March 26, 2010

$9 Million from Anne Lundquist for Stealing Her Husband

Presenting today's ethical dilemma: North Carolina may have cooled out in recent years with the influx of outsiders to its research triangle, but it still harbors some archaic laws. One allows people to sue those who've cheated with their spouse...


Cynthia Shackelford says she was still in love when college dean Anne Lundquist stole her husband away

​Think of it as an old-time home-wrecker statute. You can still sue someone for alienation of affection if they have an affair with your husband or wife. That's exactly what 60-year-old Cynthia Shackelford did.

In 2005, her husband met Anne Lundquist (pictured at top), a dean at Guilford College. Allan Shackelford, a lawyer, was doing some legal work for the school when he apparently became smitten with the dean. He claims his marriage was falling apart at the time. But according to a private investigator, Allan was prancing around with Lundquist before he eventually separated from his wife.

Cynthia says she was still in love at the time -- and thought her husband was too. She also says she gave up her teaching career to raise their kids and support Allan's career. But after they separated, she couldn't even afford her own place so she had to move in with friends. And Allan's stiffed her ever since on court-ordered spousal support.

So in 2007, she decided to sue Lundquist for stealing her man. Earlier this week, a jury ordered Lundquist to pay $9 million for essentially swiping Cynthia's husband.

Allan and his mistress have since moved to New York, where Lundquist is dean of students at Wells College. He faces arrest in North Carolina for failing to pay support, and now she's looking at a $9 payout for adultery.

North Carolina officials say about 200 people a year sue others under the law. But the biggest verdicts have been in the $1 million range. Lundquist is now arguing that the judgment is so out of line that it should be reduced to $1.

So what do you think, dear reader? If anyone's at fault here, wouldn't it be Allan? He's the one who took the vow of marriage -- not Lundquist -- and he's the one who cheated on his wife.

Then again, with a 50 percent divorce rate nationwide, should this even be considered a crime? If it was prosecuted everywhere, it would entail hauling millions of people into court for the crime of basic human fallibility.

Or is Cynthia entitled to her money, since she's the victim of one of the ultimate sins?

Foster Leon Convicted of Cutting Anthony Blakely's Eyes Out for Showing Interest in His Girlfriend


In June of 2008, Anthony Blakely was at the Starlite Cafe in Jacksonville, where he worked as a DJ. Unfortunately, the girlfriend of Foster Rayfield Leon was also there that night with a male friend. At some point in the evening, the male friend hit on Blakely...
But Blakely told the man he was more interested in the woman he was accompanying. The man said the woman was in a relationship with someone else, so Blakely let it be.

He stayed away from the woman after that. But that didn't matter to Leon, the woman's boyfriend, who's apparently the violent, jealous type.

On July 4, 2008, Leon arrived at the Starlite with the same woman. Blakely was DJing that night.

The woman asked him to play a song, but he didn't have it. Blakely thought nothing of the matter, and would later spend at least part of the night drinking with Leon. But she'd apparently told Leon that Blakely hit on her a month earlier.

Blakely was drunk that night and still doesn't remember much of what happened next. But in the early morning hours, Leon beat him into unconsciousness outside the bar. Then he dragged Blakely a few blocks from the bar, where he cut his eyes from their sockets and left him to bleed to death.

All Blakely remembers is waking up to find his eyeballs resting on his cheeks. Half an ear had also been cut off.

Blakely was blinded by the incident. He fled Florida to stay with relatives, worried that Leon would return to finish him off.

But Leon fled with the woman a day after the attack, hiding in New Orleans. He wasn't caught until his girlfriend signed up for electricity in her name.

It took a jury less than two hours yesterday to convict Leon of kidnapping and attempted murder. He's now facing up to life in prison when he's sentenced in May.