Personal Finance Daily: Appliance makers skip builders' show

Personal Finance Daily FEBRUARY 07, 2012 Tuesday's Personal Finance Stories By MarketWatch Don't miss these top stories: Big suppliers absent from builders' show Nasdaq sustains break to 11-year highs Gold medal deals on Olympic travel Amy Hoak writes today in her preview of this week's International Builders' Show that some of the big-name appliance makers will be conspicuous by their absence. While there are many reasons suppliers do or don't attend trade shows, the lack of these big players at this event suggests there's not yet a lot of optimism about the new-home market. Also on MarketWatch today, Michael Ashbaugh writes in a free edition of The Technical Indicator that after last week's market breakout, there hasn't been a lot of expected selling pressure. Against this backdrop, he writes, each major U.S. benchmark has confirmed its uptrend, and the incremental upside from current levels could be meaningful. — Anne Stanley , Managing Editor, Personal Finance A special invitation Interested in bonds and other fixed-income investments? Planning to be in New York next week? You're invited to a free MarketWatch Investing Insights event, "Bond Bulls Stirred, Not Shaken." The event includes an evening of cocktails and conversation from 6:30 to 8:30 p.m. Wednesday, Feb. 15 in New York. MarketWatch Editor-in-Chief David Callaway will host a panel discussion with guests Lee Munson, founder and chief investment officer of Portfolio asset management firm; Bill O'Donnell, head of Treasury strategy at RBS Securities; and Barry Ritholtz, CEO and director of equity research at Fusion IQ. To attend this free event, please RSVP with your name and contact information in an email to MarketWatchevent@wsj.com by Monday, Feb. 13. Big suppliers absent from Builders' Show Some big home-appliance manufacturers will be conspicuous by their absence from the International Builders' Show this week, a sign that the new-home market is still weak, despite some recent improvement in employment and other economic indicators. Read more: Big suppliers absent from Builders' Show. Gold medal deals on Olympic travel Booking a summer vacation in February may seem premature, but travelers planning to attend the Summer Olympics in London could be fast approaching the deadlines to grab a good deal. Read more: Gold medal deals on Olympic travel. INVESTING Nasdaq sustains break to 11-year highs After breaking out last week, the "expected" selling pressure has been conspicuously absent. Read more: Nasdaq sustains break to 11-year highs. Why the short-sale short cut works Banks are finally embracing — even creating — incentives for short-sales. What took them so long? Read more: Why the short-sale short cut works. How to own Toyota Motor for free For those wanting to ride the upside in Toyota Motor Corp., one of the world's leading automobile makers, investing through its sister company, Toyota Industries, is a way to get into the driver's seat for free, writes Ben Weiss. Read more: How to own Toyota Motor for free. The meaning of the Transports' weakness The Dow Jones Transportation Average is seriously lagging. This is potentially worrisome from at least two different points of view — the Dow Theory, as well as the notion that the Dow transports is a leading economic indicator. Read more: The meaning of the Transports' weakness. Investors demanding larger government deficits Investors around the world want the U.S. government to run higher budget deficits, reports Rex Nutting. They want Treasurys so badly that they'll pay us to lend us money. Read more: Investors demanding larger government deficits. Latin currencies strong, but there's a downside Latin American currencies are on fire across the region, but the strength has some downsides. It causes havoc for exporters and complicates making monetary policy. Read more: Latin currencies strong, but there's a downside. ECONOMY AND POLITICS Pay-freeze politics trip up payroll-tax talks Congressional Democrats and Republicans lock horns over how to fund the soon-to-expire break on payroll taxes. Read more: Pay-freeze politics trip up payroll-tax talks. Spain's top banks detail property provisions Spain's three largest banks said Tuesday that they would set aside 7.5 billion euros in additional provisions for property risk this year and another €3.9 billion in an extra buffer to comply with a new government plan to clean up the country's financial sector. Read more: Spain's top banks detail property provisions. Australia surprises by holding rate steady The Reserve Bank of Australia keeps its key cash rate on hold, surprising economists who had been expecting another cut from the central bank. Read more: Australia surprises by holding rate steady. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111