Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

March 05 2015

roccorkgi

Stocks Hovering Near Record Levels - Yahoo Finance

Stocks will beat bonds in coming years: Jim Paulsen - Yahoo News

S&P 500 futures are down about 0.1 percent this morning, matching the small declines in Europe. Asia was mostly lower overnight as profit-takers knocked China down 2 percent. Oil is fighting higher. The S&P 500 has fluctuated between 2100 and http://www.todayhotstocks.com 2117 for the last seven sessions after breaking out to new highs in mid-February.
Source: http://finance.yahoo.com/news/stocks-hovering-near-record-levels-131541538.html

STOCKS FALL, US AUTO SALES DISAPPOINT: Here's what you need to know - Yahoo Finance

But Paulsen says hes seeing M&A activity pick up. According to a BDO survey , 16% of retail CFOs say M&A activity is the growth tactic theyre most focused on for 2015. M&A activity in the telecom industry grew by 46% in 2014 and is expected to continue into this year. [This is the year where the] economy becomes lead by business spending, says Paulsen. As for which stocks to invest in, Paulsen warns to stay away from the energy sector, but also says that he isnt sure stocks will do particularly well in the coming years.
Source: http://news.yahoo.com/stocks-will-beat-bonds-in-coming-years--jim-paulson-143148567.html

Market Stocks were lower this morning as the Nasdaq fell below the 5,000 level if hit for the first time since the year 2000 yesterday. Auto sales slowed down in February to 16.23 million on an annualized seasonally adjusted rate due to poor weather, less than the 16.7 million expected by economists. GM (GM) sales were up 4.2%, Chrysler (FCAU) sales rose 5.6% while Ford (F) sales dropped 1.9% due to inventory issues with the firms new F-150 truck. At market close the Dow and S&P 500 were each down 0.5% while the Nasdaq was off 0.6%.
Source: http://finance.yahoo.com/news/stocks-end-lower-nasdaq-falls-213000861.html

Stocks End Lower; Nasdaq Falls Below 5,000 - Yahoo Finance

Its shares rallied as much as 13% on Tuesday, after analysts at Janney Capital Markets upgraded the firm to "Buy" from "Neutral," writing: "We believe 60 Minutes did not provide a complete picture of the issue." In its response on Monday, Lumber Liquidators said 60 Minutes had improperly tested its products. American Express was downgraded to "Underperform" from "Neutral" by Macquarie Research . In a note Tuesday, Macquarie 's Vincent Caintic wrote: "Intense competition makes it difficult for AmEx to maintain share, even with strong industry spends trends in consumer and commercial." Caintic also cautioned investors against being long into the company's March 25 investor day meeting, and said that from current levels, there is only about 7% potential upside to AmEx shares, while downside potential is "significant" at 21%. Macquarie forecasts flat earnings growth for AmEx in 2016 due to the loss of the Costco deal. Best Buy , the largest U.S. consumer electronics chain, reported better-than-expected earnings results .
Source: http://finance.yahoo.com/news/stocks-fall-us-auto-sales-210000132.html

February 28 2015

roccorkgi

Etf Preview: Etfs, Futures Weaker As Second Day Of Yellen Testimony Begins; January New Home Sales Still Ahead - Nasdaq.com

Export growth was revised upward to 3.2% from 2.8%, and imports growth was revised up to 10.1% from 8.9%. Consumer spending, meanwhile, was up 4.2%. Investors are looking ahead to more economic news. The Chicago Purchasing Managers Index for February will be released at 9:45 am ET, the February University of Michigan/Thomson Reuters consumer-sentiment data at 9:55 am ET, and pending-home sales for January at 10 am ET. TubeMogul (TUBE) was down 20.57% after the company reported late Thursday that for Q4 ended December 31, 2014, it swung to loss from a profit in the prior year period, while sales topped analysts' expectations. Q4 sales were $36.1 million, more than the Capital IQ forecast for $32.11 million.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-lower-ahead-of-open-as-q4-gdp-growth-trimmed-to-22-street-looks-ahead-to-more-economic-data-cm449202

Still ahead, new home sales data for January will be released at 10 am ET. Sunshine Heart (SSH) was up 25.88% after receiving an unconditional approval from the U.S. FDA to conduct an interim analysis of its pivotal study in the U.S. for the C-Pulse system. Dubbed COUNTER HF, the study is a prospective, randomized, multi-center, controlled study that evaluates the safety and efficacy of the C-Pulse system for the treatment of NYHA Class III and ambulatory Class IV heart failure.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-weaker-as-second-day-of-yellen-testimony-begins-january-new-home-sales-still-ahead-cm448247

Lydon Talks Small-Caps, New Bond ETF on Fox Business - Yahoo Finance

Lydon also highlighted the new SPDR DoubleLine Total Return Tactical ETF ( TOTL ) as a way for investors to remain engaged in the bond market even if interest rates rise. TOTL, which debuted Tuesday, is bond king Jeff Gundlachs first foray into ETFs. Half of TOTLs initial portfolio is comprised of U.S. government debt as part of the new ETFs duration management effort while the rest of the portfolio includes investment-grade and high-yield corporate as well as dollar-denominated emerging markets debt, among other bonds, as part of TOTLs credit risk management process.
Source: http://finance.yahoo.com/news/lydon-talks-small-caps-bond-223930888.html

ETF Preview: Broad Market ETFs Mixed as Investors Await Yellen Testimony - NASDAQ.com

On an adjusted basis, profit before tax was $22.8 billion, broadly in line with 2013 on a comparable basis. SPDR S&P International Technology Sector ETF (IPK) was also unchanged. Semiconductor ETFs SPDR S&P Semiconductor (XSD) and Semiconductor Sector Index Fund (SOXX) were flat in pre-market trading. Tower Semiconductor (TSEM) was up more than 7% in pre-market trade Monday after blowing past Q4 earnings estimates.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-lower-ahead-of-existing-homes-sales-data-investors-await-yellen-testimony-cm446965

ETF Preview: ETFs, Futures Lower Ahead of Existing Homes Sales Data; Investors Await Yellen Testimony - NASDAQ.com

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm news your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings?
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-mixed-as-investors-await-yellen-testimony-cm447191

February 23 2015

roccorkgi

Obama, Qatari Emir To Discuss Mideast Stability - Abc News

coalition fighting the Islamic State group in Iraq and Syria. Qatari Emir Sheikh Tamim bin Hamad Al Thani will be at the White House on Tuesday. The White House says they'll discuss shared concerns over stability and prosperity in the Middle East and seek to further a longstanding partnership between Qatar and the U.S. Qatar plays a supporting role in the U.S.-led military coalition conducting airstrikes against IS by allowing forces to use its vast al-Udeid air base. The country has provided substantial arms and aid to Syrian rebels. Al Thani became the crown prince a decade ago at age 23 when his older brother gave up his position as emir-in-waiting.
Source: http://abcnews.go.com/Politics/wireStory/obama-qatari-emir-discuss-mideast-stability-29107269

Obama Goads Republicans as He Talks up His Economic Policies - ABC News

Liberia is among the West African countries hard hit by the Ebola outbreak. In a statement, the White House says Obama and Sirleaf will discuss the ongoing Ebola response and the region's economic recovery plans during their Feb. 27 meeting. Ebola has killed more than 3,800 people in Liberia, as well as thousands more in Guinea and Sierra Leone . However, significant gains have been made against Ebola, and now only a small number of cases remain in Liberia. The U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-discuss-ebola-response-liberias-president-29100359

Obama to Discuss Ebola Response With Liberia's President - ABC News

Cory Fritz, a spokesman for House Speaker John Boehner , dismissed Obama's policies as a "liberal agenda" that has left "America's working-class families behind." "There's a reason why the Democratic Party has lost the House, the Senate, governorships and more than 900 state legislative seats in recent years," Fritz said. While Obama said he was willing to hear Republican ideas for helping the middle class, he decried their past ideas and argued that the best way for Republicans to prove their commitment was by supporting his call for a higher minimum wage. "If you are serious, if you are really troubled with income inequality," Obama said, "then you can't put forward proposals that give more tax breaks to folks who are doing the best." Following his remarks, Obama attended a Democratic fundraiser with 25 supporters paying $33,400 each to attend. Obama also addressed Democratic governors at the White House http://www.obamastudentloanforgiveness.net/ , distinguishing them from members of Congress. "Governors can't afford to just peddle an ideology," he said.
Source: http://abcnews.go.com/Politics/wireStory/obama-accident-economy-improving-watch-29104400

Obama administration: 800,000 using HealthCare.gov got erroneous tax info; should delay filing - Yahoo News

Politics & Government What killed Kayla Mueller? Katie Couric News Video Copyright 2015 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press. Yahoo - ABC News Network
Source: http://news.yahoo.com/obama-administration-800-000-using-150019440.html

Obama to Ask for Stay on Immigration Ruling - NASDAQ.com

Obama has said he wants to work with Congressional Republicans to finalize the Trans Pacific Partnership (TPP) trade pact, an agreement that would stretch from Japan to Chile, covering 40 percent of the world economy. "I'm the first to admit that past trade deals haven't always lived up to the hype," Obama said in his weekly address. "But that doesn't mean we should close ourselves off from new opportunities." The first step in working with other nations to finalize the TPP deal is to pass "fast track" legislation to streamline the passage of trade deals through Congress. Polling data from the Pew Research Center shows Americans from both parties are skeptical about trade. Only one in five Americans think trade creates jobs, and only 17 percent believe trade leads to higher wages. Congressional Republicans have been supportive of trade deals.
Source: http://finance.yahoo.com/news/obama-begins-sales-pitch-trade-110000881.html

Obama begins sales pitch on trade to wary U.S. public - Yahoo Finance

The Department of Justice will file the request by Monday at the latest, White House press secretary Josh Earnest said Friday. "When they have filed those documents, they and we will be in the position to talk a little bit more about our legal strategy," Mr. Earnest said. The filing comes in the aftermath of a federal district court judge's ruling earlier in the week temporarily blocking Mr. Obama's executive actions last year that would have shielded millions of illegal immigrants from deportation. The injunction came in response to a lawsuit filed by 26 states that alleged that Mr.
Source: http://www.nasdaq.com/article/obama-to-ask-for-stay-on-immigration-ruling-20150220-00586

February 15 2015

roccorkgi

Stocks Ride Higher As S&p 500 Marks New All-time Best - Nasdaq.com

Stocks hold near record as oil rebound lifts energy sector - Yahoo News

The S&P 500 was up 0.2% at 2,093.50 after having notched a new high at $2,095. The Nasdaq was up 0.3% at 2,093 and the http://www.todayhotstocks.com Dow Jones Industrial Average was up 0.2% at 18,008. Investors shrugged off a drop in one measure of consumer confidence. An early February consumer confidence index fell to 93.6 from a final January reading of 98.1, according to the Thomson Reuters/University of Michigan report. Economists expected little change from last month.
Source: http://www.nasdaq.com/article/stocks-ride-higher-as-sp-500-marks-new-all-time-best-cm444388

Stocks Moving Modestly Higher Amid Jump In Oil Prices - U.S. Commentary - NASDAQ.com

Google Finance Stocks and oil are rallying on Thursday as oil looks to shake off two days of losses. Near 1:45 pm ET, the Dow was up 91 points, the S&P 500 was 17 points, and the Nasdaq was up 50 points. At these levels, stocks were near their highs of the day as the Dow closes in on 18,000 and the S&P 500 sits just about 10 points below its all time high. Markets were higher on Thursday though the situation in Europe between Greece and its creditors remains unsettled as the outcome of talks between eurozone finance ministers on Wednesday saw no agreements made between the two sides. The price of West Texas Intermediate crude oil was up better than 4% to trade near $51 a barrel. The last couple days had seen oil slip, falling to near $48 a barrel. In economic news, the January report on retail sales disappointed, with headline sales falling 0.8%, more than the 0.4% decline that was expected. The bright spot in the retail sales report was from restaurants and bars, which saw sales rise more than 11% over the same month last year. Initial jobless claims also disappointed, rising to 304,000 last week up from 278,000 the prior week. In stock news, American Express shares were down about 6% after the company said it would end its co-branding agreement with Costco effective March 2016. Tesla shares were also lower, falling more than 6% , after the company last night reported earnings and reported vehicle deliveries in the fourth quarter that disappointed. NOW WATCH: Nationwide's Super Bowl commercial about dead children is about corporate profits ... in a way that we can all appreciate More From Business Insider
Source: http://finance.yahoo.com/news/stocks-oil-rallying-185120631.html

Currently, the major averages are holding on to slim gains. The Dow is up 50.63 points or 0.3 percent at 18,023.01, the Nasdaq is up 6.17 points or 0.1 percent at 4,863.78 and the S&P 500 is up 3.53 points or 0.2 percent at 2,092.01. The early strength on Wall Street is partly due to a continued increase by the price of crude oil, which is seeing further upside after jumping sharply on Thursday. Crude oil for March delivery is currently surging up $1.90 to $53.11 a barrel after soaring $2.37 to $51.21 a barrel in the previous session.
Source: http://www.nasdaq.com/article/stocks-moving-modestly-higher-amid-jump-in-oil-prices--us-commentary-20150213-00439

Stocks and oil are rallying - Yahoo Finance

Global stocks rose Friday, Feb. 13, 2015, after Greece and its European creditors said they were willing to compromise to help Athens with its debts, while fresh data showed improvement in the eurozone's economy. (AP Photo/Mark Lennihan, File) NEW YORK (AP) -- Stocks are holding near record levels on Friday as the price of oil jumps again, giving a lift to energy stocks. The Standard & Poor's 500 index touched a record intraday high and the Dow Jones industrial average traded back above 18,000.
Source: http://news.yahoo.com/stocks-hold-near-record-oil-184445375.html

roccorkgi

Stocks Hold Near Record As Oil Rebound Lifts Energy Sector - Yahoo News

That's allowing stocks to push higher. "Stability seems to be coming back," said Kinahan. EUROZONE GROWTH SHOCKER: Data out Friday showed the eurozone economy picked up speed in the fourth quarter thanks to better growth in Germany and Spain. The currency union's economy grew 0.3 percent in the October-December period compared with the previous quarter, more than expected, thanks also to lower oil prices and a weaker euro. The growth rate, while encouraging, is still only about half that of the U.S.
Source: http://news.yahoo.com/stocks-hold-near-record-oil-184445375.html

Stocks Moving Modestly Higher Amid Jump In Oil Prices - U.S. Commentary - NASDAQ.com

Google Finance Stocks and oil are rallying on Thursday as oil looks to shake off two days of losses. Near 1:45 pm ET, the Dow was up 91 points, the S&P 500 was 17 points, and the Nasdaq was up 50 points. At these levels, stocks were near their highs of the day as the Dow closes in on 18,000 and the S&P 500 sits just about 10 points below its all time high. Markets were higher on Thursday though the situation in Europe between Greece and its creditors remains unsettled as the outcome of talks between eurozone finance ministers on Wednesday saw no agreements made between the two sides. The price of West Texas Intermediate crude oil was up better than 4% to trade near $51 a barrel. The last couple days had seen oil slip, falling to near $48 a barrel. In economic news, the January report on retail sales disappointed, with headline sales falling 0.8%, more than the 0.4% decline that was expected. The bright spot in the retail sales report was from restaurants and bars, which saw sales rise more than 11% over the same month last year. Initial jobless claims also disappointed, rising to 304,000 last week up from 278,000 the prior week. In stock news, American Express shares were down about 6% after the company said it would end its co-branding agreement with Costco effective March 2016. Tesla shares were also lower, falling more than 6% , after the company last night reported earnings and reported vehicle deliveries in the fourth quarter that disappointed. NOW WATCH: Nationwide's Super Bowl commercial about dead children is about corporate profits ...
Source: http://finance.yahoo.com/news/stocks-oil-rallying-185120631.html

Stocks Ride Higher as S&P 500 Marks New All-Time Best - NASDAQ.com

The Nasdaq was up 0.3% at 2,093 and the Dow Jones Industrial Average was up 0.2% at 18,008. Investors shrugged off a drop in one measure of consumer confidence. An early February consumer confidence index fell to 93.6 from a final January reading of 98.1, according to the Thomson Reuters/University of Michigan report. Economists expected little change from last month.
Source: http://www.nasdaq.com/article/stocks-ride-higher-as-sp-500-marks-new-all-time-best-cm444388

Stocks and oil are rallying - Yahoo Finance

CBS Corp. added 2.7 percent as fourth-quarter results beat estimates, buoyed by higher advertising sales and rising fees from both local broadcasters and pay-TV services. King Digital Entertainment Plc rose 13 percent after quarterly sales of titles other than Candy Crush Saga increased, signaling the company is diversifying from its top-selling game. Microsoft Corp. climbed 1.4 percent, extending gains for a second day after news Thursday that the company plans to buy mobile-productivity applications that work on Apple Inc.
Source: http://www.northjersey.com/news/business/stocks-fluctuating-after-s-38-p-500-reaches-all-time-high-1.1271159

Stocks fluctuating after S&P 500 reaches all-time high - Business - NorthJersey.com

Traders have also reacted positively to news from overseas, including upbeat European GDP data and optimistic signs regarding Greek debt negotiations. According to Reuters, Greece and its international creditors held talks on Friday on reforms needed to keep the country financed. The talks http://www.todayhotstocks.com/ are said to increase the possibility of reaching an interim compromise deal at another eurozone finance ministers meeting on Monday. However, the early buying interest has been partly offset by the release of a report from the University of Michigan showing a sharp pullback in U.S. consumer sentiment in the month of February.
Source: http://www.nasdaq.com/article/stocks-moving-modestly-higher-amid-jump-in-oil-prices--us-commentary-20150213-00439

February 10 2015

roccorkgi

Etf Preview: Etfs, Stocks Higher On M&a News, Mixed Economic Data - Nasdaq.com

Among the largest underlying components of XLI, in trading today Honeywell International, Inc. (Symbol: HON) is down about 0.3%, Danaher Corp. (Symbol: DHR) is down about 0.1%, and Cummins, Inc. (Symbol: CMI) is lower by about 0.7%.
Source: http://www.nasdaq.com/article/notable-etf-inflow-detected-xli-hon-dhr-cmi-cm442042

Overall exports fell 0.8% to a seasonally adjusted $194.9 billion. Imports increased 2.2% to $241.4 billion. Pfizer (PFE) was up 3.19% after saying it has agreed to buy Hospira (HSP), a provider of injectable drugs and infusion technologies, for $90 per share in cash or a total enterprise value of $17 billion. Pfizer said the deal is expected to be immediately accretive to earnings upon closing and then by $0.10 to $0.12 per share for the first full year following the close, with additional accretion expected thereafter.
Source: http://www.nasdaq.com/article/etf-preview-etfs-stocks-higher-on-ma-news-mixed-economic-data-cm440627

Noteworthy ETF Outflows: IVE, VZ, BAC, COP - NASDAQ.com

Components of that ETF showing particular strength include shares of Rio Alto Mining (RIO.CA), up about 10.4% and shares of Tanzanian Royalty Exploration ( TRX ), up about 3.6% on the day. And underperforming other ETFs today is the SPDR S&P Transportation ETF ( XTN ), down about 1.2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of United Continental Holdings ( UAL ), lower by about 5.2%, and shares of Skywest ( SKYW ), lower by about 5% on the day.
Source: http://www.nasdaq.com/article/mondays-etf-movers-gdxj-xtn-cm442160

Monday's ETF Movers: GDXJ, XTN - NASDAQ.com

Among the largest underlying components of IVE, in trading today Verizon Communications Inc (Symbol: VZ) is off about 0.3%, Bank of America Corp. (Symbol: BAC) is off about 1.1%, and ConocoPhillips (Symbol: COP) is higher by about 1.3%. For a complete list of holdings, visit the IVE Holdings page The chart below shows the one year price performance of IVE, versus its 200 day moving average: Looking at the chart above, IVE's low point in its 52 week range is $80.77 per share, with $95.64 as the 52 week high point - that compares with a last trade of $93.05. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis visit their website technique -- learn more about the 200 day moving average .
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-ive-vz-bac-cop-cm442039

BSV: ETF Inflow Alert - NASDAQ.com

The chart below shows the one year price performance of BSV, versus its 200 day moving average: Looking at the chart above, BSV's low point in its 52 week range is $79.70 per share, with $80.96 as the 52 week high point - that compares with a last trade of $80.16. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/bsv-etf-inflow-alert-cm442045

roccorkgi

Etf Preview: Etfs, Stocks Higher On M&a News, Mixed Economic Data - Nasdaq.com

Among the largest underlying components of XLI, in trading today Honeywell International, Inc. (Symbol: HON) is down about 0.3%, Danaher Corp. (Symbol: DHR) is down about 0.1%, and Cummins, Inc. (Symbol: CMI) is lower by about 0.7%.
Source: http://www.nasdaq.com/article/notable-etf-inflow-detected-xli-hon-dhr-cmi-cm442042

Overall exports fell 0.8% to a seasonally adjusted $194.9 billion. Imports increased 2.2% to $241.4 billion. Pfizer (PFE) was up 3.19% after saying it has agreed to buy Hospira (HSP), a provider of injectable drugs and infusion technologies, for $90 per share in cash or a total enterprise value of $17 billion. Pfizer said the deal is expected to be immediately accretive to earnings upon closing and then by $0.10 to $0.12 per share for the first full year following the close, with additional accretion expected thereafter.
Source: http://www.nasdaq.com/article/etf-preview-etfs-stocks-higher-on-ma-news-mixed-economic-data-cm440627

Noteworthy ETF Outflows: IVE, VZ, BAC, COP - NASDAQ.com

Components of that ETF showing particular strength include shares of Rio Alto Mining (RIO.CA), up about 10.4% and shares of Tanzanian Royalty Exploration ( TRX ), up about 3.6% on the day. And underperforming other ETFs today is the SPDR S&P Transportation ETF ( XTN ), down about 1.2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of United Continental Holdings ( UAL ), lower by about 5.2%, and shares of Skywest ( SKYW ), lower by about 5% on the day.
Source: http://www.nasdaq.com/article/mondays-etf-movers-gdxj-xtn-cm442160

Monday's ETF Movers: GDXJ, XTN - NASDAQ.com

Among the largest underlying components of IVE, in trading today Verizon Communications Inc (Symbol: VZ) is off about 0.3%, Bank of America Corp. (Symbol: BAC) is off about 1.1%, and ConocoPhillips (Symbol: COP) is higher by about 1.3%. For a complete list of holdings, visit the IVE Holdings page The chart below shows the one year price performance of IVE, versus its 200 day moving average: Looking at the chart above, IVE's low point in its 52 week range is $80.77 per share, with $95.64 as the 52 week high point - that compares with a last trade of $93.05. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis visit their website technique -- learn more about the 200 day moving average .
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-ive-vz-bac-cop-cm442039

BSV: ETF Inflow Alert - NASDAQ.com

The chart below shows the one year price performance of BSV, versus its 200 day moving average: Looking at the chart above, BSV's low point in its 52 week range is $79.70 per share, with $80.96 as the 52 week high point - that compares with a last trade of $80.16. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/bsv-etf-inflow-alert-cm442045

February 08 2015

roccorkgi

Obama: Scaling Back College Savings Benefits Wasn't Worth It - Abc News

"Our thinking was you could save money by eliminating the 529 and shifting it into some other loan programs that would be more broadly based," Obama told a crowd of nearly 400 at a town hall meeting at Ivy Tech Community College. But he quickly backed off after lawmakers from both parties objected. "It wasn't worth it for us to eliminate it," Obama said. "The savings weren't that great. So we actually, based on response, changed our mind and are going to be paying for the two years of free community college with other sources." Obama's remarks were his first on the matter since the White House announced the shift last week, saying the issue had become a distraction. The president's comments came in response to a question from a woman who http://www.obamastudentloanforgiveness.net/ said she uses the accounts to help her grandchildren.
Source: http://abcnews.go.com/Health/wireStory/obama-scaling-back-college-savings-benefits-worth-28783792

Obama criticized for 'Crusades' remark: What did he really mean? (+video) - CSMonitor.com

"Our thinking was you could save money by eliminating the 529 and shifting it into some other loan programs that would be more broadly based," Obama said. But he quickly backed off after lawmakers from both parties objected. "It wasn't worth it for us to eliminate it," Obama said. "The savings weren't that great. So we actually, based on response, changed our mind and are going to be paying for the two years of free community college with other sources." Obama's remarks were his first on the matter since the White House announced the shift last week. They came in response to a question from a woman from the crowd of nearly 400 who said she uses the accounts to help her grandchildren.
Source: http://abcnews.go.com/Politics/wireStory/obama-tout-community-college-plan-indiana-town-hall-28767483

Obama: US Must Resist Urge to 'Overreach" Abroad - ABC News

However, most presidents, including Obama, have done so only sporadically. Obama's only previous memo to lawmakers came in 2010 and formalized his desire to broaden U.S. national security posture beyond anti-terror campaigns. Obama's critics have accused the president of putting his desire to keep the U.S. out of overseas conflicts ahead of the need for more robust action against the world's bad actors.
Source: http://abcnews.go.com/Politics/wireStory/obama-us-resist-urge-overreach-abroad-28774496

Obama: Scaling Back College Savings Benefits Wasn't Worth It - ABC News

"The challenges we face require strategic patience and persistence," he said -- comments likely to be painted as vacillation or obfuscation by his political rivals. Obama is facing calls for the United States to use its vast military and economic power to decisively intervene in Syria and Ukraine. But the National Security Strategy document makes clear Obama's White House will not rush to engage if the outcome or impact is unclear. "The United States will always defend our interests and uphold our commitments to allies and partners," the document states. "But, we have to make hard choices among many competing priorities, and we must always resist the over-reach that comes when we make decisions based upon fear.
Source: http://news.yahoo.com/obama-wants-us-show-strategic-patience-204649495.html

Obama wants US to show 'strategic patience' - Yahoo News

Obama called Belichick on Thursday. The White House says Obama pointed out the contributions of many of the players toward the game's exciting finish in particular, quarterback Tom Brady and rookie Malcolm Butler. Obama also invited the team to visit the White House to celebrate the victory. Typically, the president attends a ceremony at the White House congratulating championship teams. A fourth-quarter rally helped the Patriots defeat the Seattle Seahawks 28-24 on Sunday night at the Super Bowl in Phoenix. An estimated 114.4 million people watched the game.
Source: http://abcnews.go.com/Sports/wireStory/obama-calls-patriots-coach-belichick-super-bowl-win-28762296

Obama Calls Patriots Coach Belichick After Super Bowl Win - ABC News

"He has offended every believing Christian in the United States . This goes further to the point that Mr. Obama does not believe in America or the values we all share. More secular commentators also took umbrage at Obamas characterization of religions role in history, seeing it as a bad case of moral relativism, especially given that Christianity has long been a force of good in the world. We are all descended from cavemen who broke the skulls of their enemies with rocks for fun or profit, writes Jonah Goldberg, senior editor of the conservative National Review. But that hardly mitigates the crimes of a man who does the same thing today.
Source: http://www.csmonitor.com/USA/DC-Decoder/2015/0207/Obama-criticized-for-Crusades-remark-What-did-he-really-mean-video

January 31 2015

roccorkgi

Stocks Keep Falling After Gdp Miss - Yahoo Finance

Stocks skid for second month; Dow falls 250 pts - Yahoo Finance

Bonds and gold are climbing United States gross domestic product rose 2.6 percent in the fourth quarter, missing estimates for expansion of 3.2 percent. Weaker business spending and increased imports were to blame. The news comes asthe S&P 500 swings between long-term support around 2000, where it bounced sharply yesterday, and resistance around 2065. Today's sellers are looking past strong quarterly results from companies such as Visa and Amazon.com. V is up 4 percent after beating estimates and announcing a 4-for-1 stock split. AMZN is surging 11 percent after profit blew past consensus.
Source: http://finance.yahoo.com/news/futures-bleed-lower-gdp-131158781.html

The Nasdaq ( ^IXIC ) shed 48.17 points, or 1 percent, at 4,635.24.For every share rising, two declined on the New York Stock Exchange, where 1.2 billion shares traded. Composite volume neared 4.5 billion. Crude futures (New York Mercantile Exchange: @CL15H) rose $3.71, or 8 percent, to $48.24 a barrel, and gold futures (CEC:Commodities Exchange Centre: @GC15G) climbed $23.90, or 2 percent, to $1,278.50 on the New York Mercantile Exchange.The U.S. dollar (Exchange:.DXY) continued to climb against other global currencies and the yield on the 10-year Treasury note (U.S.:US10Y) fell 9 basis points to 1.6662 percent. Crude's late-session spike came after oilfield-services firm Baker Hughes reported the number of U.S.
Source: http://finance.yahoo.com/news/us-stocks-decline-dow-falls-204945173.html

Stocks Remain Mostly Negative In Mid-Day Trading - U.S. Commentary - NASDAQ.com

However, the week included the Martin Luther King holiday, increasing the volatility of the numbers. "Jobless claims were exceptional, and reinforces what we saw in the Fed's message yesterday, that the U.S. economy remains pretty firm," said Luschini.Stocks offered muted reaction to another report that had pending-home sales dropping 3.7 percent in December. After falling as much as 55 points, the Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) closed up 225.48 points, or 1.3 percent, at 17,416.85, with Boeing ( BA ) and McDonald's leading blue-chip gains.Reversing after a drop under 2,000, the S&P 500 ( ^GSPC ) what makes a hot stock added 19.09 points, or 1 percent, to 2,021.25, with materials leading gains and all 10 major sectors advancing.The CBOE Volatility Index ( ^VIX ), a measure of investor uncertainty, dropped 8.2 percent to 18.76.
Source: http://finance.yahoo.com/news/us-stocks-open-higher-mcdonalds-143000290.html

Stocks May Open Sharply Lower On Disappointing GDP Data - U.S. Commentary - NASDAQ.com

In a private luncheon with Senate Democrats on Thursday, Federal Reserve Chair Janet Yellen said the U.S. economy is strong but expressed some concerns about the situation in Europe. The Fed's monetary policy statement indicated that the central bank will include international developments as part of its assessment of when to raise interest rates. Traders also continue to digest the latest batch of earnings news, including quarterly results from Google ( GOOG ), Amazon ( AMZN ), and Visa (V).
Source: http://www.nasdaq.com/article/stocks-may-open-sharply-lower-on-disappointing-gdp-data--us-commentary-20150130-00351

Stocks rally after 2-day rout; Dow ends up 225 points - Yahoo Finance

economic growth slowed more than expected in the last three months of 2014. The report said U.S. gross domestic product climbed 2.6 percent in the fourth quarter following the 5.0 percent jump seen in the third quarter. Economists had expected GDP to increase by about 3.2 percent.
Source: http://www.nasdaq.com/article/stocks-remain-mostly-negative-in-midday-trading--us-commentary-20150130-00597

January 24 2015

roccorkgi

Etf Preview: Etfs, Futures Edge Higher In The Wake Of Ecb's Qe Program; Upbeat Earnings Lift Sentiment - Nasdaq.com

Direxion Daily Financial Bull 3X shares (FAS) was up 1.46% and its bearish counterpart, FAZ, was down 3.24%. Bank Of New York Mellon (BK) was down 1.32% after it reported Q4 results that missed the Street view on EPS and total revenues. The bank reported Q4 adjusted EPS of $0.58, up from $0.54 in the same period a year ago but missing analyst estimates of $0.60. Results were adjusted for the previously disclosed benefit of a tax carryback claim.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-edge-higher-in-the-wake-of-ecbs-qe-program-upbeat-earnings-lift-sentiment-cm435805

ETF Preview: ETFs, Futures Higher Following ECB's QE Program, Weekly U.S. Jobless Claims - NASDAQ.com

28, 2014 that fell short of analysts' expectations, and provided guidance for Q1 revenue in line with Street forecasts. The global supplier of power semiconductors posted Q4 adjusted net income of $11.9 million or $0.10 per diluted share, versus $13.5 million or $0.11 per diluted share in the same quarter the previous year. Analysts polled by Capital IQ were expecting EPS of $0.15. Revenue was $336.6 million, down 12% from $341.1 million in the same quarter last year. The Street consensus is for revenues of $350.17 million.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-following-ecbs-qe-program-weekly-us-jobless-claims-cm435289

ETF Assets Continue Flowing to Charles Schwab - Yahoo Finance

Leading industry advisors and experts, such as keynote speaker Douglas Hodge, CEO of PIMCO, provided their view on the ETF industry and positioning for the new year. Attendees heard from panels that covered global strategies, broad investment ideas for 2015, yield generation, risk management, alternative assets and the growing breed of so-called smart-beta indices. Advisors who missed their chance to view the ETF Virtual Summit experience on demand. Financial advisors were asked their views on various hot button topics they were considering in the new year and heard how industry experts believe the markets with pan out. Finance
Source: http://finance.yahoo.com/news/etf-virtual-summit-conference-advisors-204815270.html

http://www.etftradingsignals.com/ type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true">

ETF Virtual Summit Conference: Adivsors Making Moves in 2015 - Yahoo Finance

The Schwab U.S. Aggregate Bond ETF ( SCHZ ) , which charges just 0.06% per year, has $1.2 billion in assets under management. [Low-Fee Bond ETFs] Schwab noted that registered investment advisors (RIAs) drove a substantial portion of the inflows to corporate bond and intermediate-term bond ETFs. Another prominent theme is investors increased use of sector and dividend ETFs. As of Dec. 26, there was $311.1 billion allocated to sector ETFs with energy ETFs accounting for $44.7 billion of that total, according to Bloomberg .
Source: http://finance.yahoo.com/news/etf-assets-continue-flowing-charles-193036836.html

ETF Virtual Summit Conference: Advisors Making Moves in 2015 - Yahoo Finance

Leading industry advisors and experts, such as keynote speaker Douglas Hodge, CEO of PIMCO, provided their view on the ETF industry and positioning for the new year. Attendees heard from panels that covered global strategies, broad investment ideas for 2015, yield generation, risk management, alternative assets and the growing breed of so-called smart-beta indices. Advisors who missed their chance to view the ETF Virtual Summit experience on demand. Financial advisors were asked their views on various hot button topics they were considering in the new year and heard how industry experts believe the markets with pan out. Finance
Source: http://finance.yahoo.com/news/etf-virtual-summit-conference-adivsors-204815900.html

roccorkgi

Obama Says He Wants To Partner With Mayors To Make Progress - Abc News

Obama hosted mayors at the White House Friday during the 82nd winter meeting of the U.S. Conference of Mayors. In the midst of Washington gridlock, the president says cities have been the place where change happens fastest. He cited the increase in the minimum wage in several cities across the country. Congress has refused to take up his call to raise the federal minimum wage. Obama says mayors "don't have the luxury of just yakking instead of doing." Obama then said he would answer questions from the mayors, but the media had to leave the room first.
Source: http://abcnews.go.com/Politics/wireStory/obama-address-nations-mayors-discuss-city-federal-ties-28423502

Obama seeks to leverage ties with India's Modi during visit - Yahoo News

Modi sought to return the favor by inviting Obama to travel to India as his guest for the annual Republic Day festivities, which mark the day in 1950 that the country's constitution came into force. "It took us by some surprise," said Ben Rhodes, Obama's deputy national security adviser. "There's a great affinity between the United States and India and our people, but there's also a history that is complicated and that would have made it seem highly unlikely that a U.S. president would be sitting with India's leaders at their Republic Day ceremony." After some internal deliberations, the White House accepted Modi's offer. The visit also includes a fresh round of bilateral meetings with Modi, an economic summit with U.S. and Indian business leaders and a visit to India's famed Taj Mahal.
Source: http://news.yahoo.com/obama-seeks-leverage-ties-indias-modi-during-visit-052222518.html

Obama's interview with GloZell: undignified or smart outreach? - Yahoo News

PBS host Judy Woodruff asked media strategist Brian Donahue, whom she described as a Republican, if the president should be doing this. Absolutely, said Mr. Donahue, founder of CRAFT Media/Digital. I mean, first of all, its no longer the State of the Union. Its really #SOTU.
Source: http://news.yahoo.com/obamas-interview-glozell-undignified-smart-outreach-172735177.html

Obama's interview with GloZell: undignified or smart outreach? (+video) - CSMonitor.com

Mota, that back in the day, politicians were behind the founding of colleges. The Washington Times wrote that other members of the press expressed unhappiness with Mr. Obamas seeming dodge of the tough questions they could fire in favor of a softball sit-down, question-answer session. The White House had pitched the event as part of the presidents annual tradition of sitting down for media interviews after the State of the Union address, a.k.a. SOTU, which was Tuesday night. And in fact, the YouTube interviews were part of an extensive game plan of public outreach surrounding SOTU 2015 including a series of speeches laying out new policies in the two-week runup. http://www.obamastudentloanforgiveness.net/
Source: http://www.csmonitor.com/USA/DC-Decoder/2015/0123/Obama-s-interview-with-GloZell-undignified-or-smart-outreach-video

Obama administration livid at Bibi?s planned visit to Congress | New York Post

In the final two years of his presidency, Obama is focusing on closing the income gap and presenting it as a bipartisan issue. The two states Obama visited Wednesday and Thursday, Kansas and Idaho, backed the Republicans presidential candidate by wide margins in the last two elections, when Obama was the Democratic choice. The White House said that was intended to show the presidents policies cross party lines. Republican families feel it just as much as Democratic families, he said. Theres no distinction. Hes already running into opposition from Republicans who now control both the Senate and House after the November 2014 congressional elections.
Source: http://www.bloomberg.com/news/2015-01-22/obama-says-child-care-costs-economic-priority-not-side-issue.html

Obama Says Child Care Costs Economic Priority Not Side Issue - Bloomberg

The visit, arranged by House Speaker John Boehner without the consultation of the White House, is a major snub to Obama, Israeli newspaper Haaretz reported. He spat in our face publicly and thats no way to behave, a senior American official said. Netanyahu ought to remember that President Obama has a year and a half left to his presidency, and that there will be a price. Obama warned the Israeli leader in a Jan. 12 phone call to stop urging US lawmakers to back sanctions against Iran and that hed veto any such bill because it could sabotage nuclear negotiations with the country.
Source: http://nypost.com/2015/01/24/obama-administration-livid-at-bibis-planned-visit-to-congress/

January 16 2015

roccorkgi

Stocks May Open Higher In Reaction To Slew Of Data - U.s. Commentary - Nasdaq.com

Fifth Day of Losses for Stocks as Banks and Tech Names Drag - Video - TheStreet

Economists had expected the index to decrease by 0.4 percent. Excluding food and energy prices, the core producer price index rose by 0.3 percent in December after coming in unchanged in the previous month. The increase exceeded estimates for a 0.1 percent uptick. A separate report from the Labor Department showed that initial jobless claims climbed to 316,000 in the week ended January 10th, an increase of 19,000 from the previous week's revised level of to 297,000.
Source: http://www.nasdaq.com/article/stocks-may-open-higher-in-reaction-to-slew-of-data--us-commentary-20150115-00426

Stocks Are All Over The Place - Yahoo Finance

stocks drifted to new session lows after midday Thursday, with Dow industrials off triple digits in a session that saw equities initially struggle for direction after the Swiss National Bank shocked investors by scrapping a cap on the value of its currency. The S&P 500 was down 14.46 points, or 0.7%, at 1,996.81, while the Dow was off 102.40 points, or 0.6%, at 17,324.69. The Nasdaq Composite fell 1.2% to 4,582.56. Copyright 2015 MarketWatch, Inc.
Source: http://www.foxbusiness.com/markets/2015/01/15/stocks-extend-losses-dow-down-triple-digits/

Stock Market Today: Stocks Extend Losses as Banks and Tech Stocks Get Squeezed - TheStreet

After a big drop shortly after the opening bell, stocks came right back up and then went right back down. At around 11:15 am ET, the Dow was down 32 points, the S&P 500 was down 5 points, and the Nasdaq was down 13 points. The big news on Thursday comes out of Europe, where the Swiss National Bank unexpectedly abandoned its currency targeting against the euro, sending foreign exchange markets into a frenzy. The price of oil was also bouncing all over the place , spiking violently higher before reversing, though West Texas Intermediate crude prices are still about $4/barrel higher than they were just a few days ago. In stock news, shares of Best Buy are falling after the company gave a worse-than-expected earnings outlook, while Target shares were higher after the retailer announced plans to exit Canada . On Wednesday, stocks in the US finished lower for the third time this week and the fourth straight trading day. More From Business Insider
Source: http://finance.yahoo.com/news/stocks-falling-again-145610040.html

Stocks Extend Losses; Dow Down Triple Digits | Fox Business

Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Source: http://www.thestreet.com/story/13012627/1/stocks-struggle-for-direction-as-rally-in-crude-oil-prices-fades.html?cm_ven=RSSFeed

The financial sector was under pressure after Bank of America and Citigroup reported falling revenues and squeezed profits in their fourth quarter. This is the second day of poor results. A day earlier, JPMorgan said legal costs ate into my website income and Wells Fargo reported underwhelming results. The tech sector wasn't faring much better with high-momentum names caught up in a selloff.
Source: http://thestreet.com.feedsportal.com/c/34634/f/633972/s/425e826e/sc/2/l/0L0Sthestreet0N0Cvideo0C130A131660Cstocks0Efall0Eas0Ebank0Eof0Eamerica0Eand0Ecitigroup0Edrag0Eon0Esp0E50A0A0Bhtml/story01.htm

January 09 2015

roccorkgi

Etf Preview: Broad Market Funds Gain As Stock Futures Point To Stronger Open - Nasdaq.com

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies.
Source: http://www.nasdaq.com/article/etf-preview-broad-market-funds-gain-as-stock-futures-point-to-stronger-open-cm430439

ETF Outlook: Guggenheim S&P Equal Weight Health Care ETF (RYH) - NASDAQ.com

The tendered shares, together with the 17.1 million shares of GFI common stock already owned by BGC, reference represent approximately 30.5% of GFI's outstanding shares, BGC said. The expiration date for the tender offer is now 5 p.m. ET on Jan. 27, unless extended.
Source: http://www.nasdaq.com/article/etf-report-etfs-stocks-higher-as-crude-oil-recovers-fomc-meeting-minutes-still-ahead-cm430314

ETF Report: ETFs, Stocks Higher as Crude Oil Recovers; FOMC Meeting Minutes Still Ahead - NASDAQ.com

Among the largest underlying components of XHB, in trading today Owens Corning (Symbol: OC) is up about 2.5%, Toll Brothers Inc. (Symbol: TOL) is up about 0.4%, and Aaron's, Inc. (Symbol: AAN) is higher by about 1.1%. For a complete list of holdings, visit the XHB Holdings page The chart below shows the one year price performance of XHB, versus its 200 day moving average: Looking at the chart above, XHB's low point in its 52 week range is $27.66 per share, with $34.71 as the 52 week high point - that compares with a last trade of $34.58. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''.
Source: http://www.nasdaq.com/article/notable-etf-inflow-detected-xhb-oc-tol-aan-cm430681

JPMorgan Chase (JPM) Stock Up Today After Launching New ETF - TheStreet

Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year. JPMORGAN CHASE & CO reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year.
Source: http://www.thestreet.com/story/13005147/1/jpmorgan-chase-jpm-stock-up-today-after-launching-new-etf.html?cm_ven=RSSFeed

Guide to European Hedged ETF - ETF News And Commentary - NASDAQ.com

The current pullback in the broad market has seen many stocks in the RYH pull back to support levels, yet the RYH itself continues to outperform the market. The market is digesting the effects of the plunging price of crude oil on the U.S. economy and has found support at the 2,000 level on the S&P 500 Index. With the Health Care Sector likely to continue to outperform the broad market and the Biotech stocks regrouping, the RYH is an excellent way to participate in a renewed market advance. Biotech stocks are the most volatile component of the RYH but have very exciting new drugs in the pipelines.
Source: http://www.nasdaq.com/article/etf-outlook-guggenheim-sp-equal-weight-health-care-etf-ryh-cm430357

Notable ETF Inflow Detected - XHB, OC, TOL, AAN - NASDAQ.com

Additionally, several months of decline in energy prices has finally trapped Eurozone into deflation for the first time in more than five years. Inflation has turned negative with consumer prices falling 0.2% year over year in December. All these sluggish fundamentals have bolstered the case for aggressive quantitative easing (QE) measures by the European Central Bank (ECB) that might be similar to the policies that the U.S. or U.K. undertook over the past few years.
Source: http://www.nasdaq.com/article/guide-to-european-hedged-etf-etf-news-and-commentary-cm430877

roccorkgi

Obama Is Sending The Wrong Message On Owning A Home - Yahoo News

The tenets of the past dont necessarily apply any more, even if politicians are still reading from the old, outdated playbook that pays homage to the American Dream owning your own home no matter what. Economic growth is much patchier now and tends to be concentrated in regions driven by technology or energy, as the Milken Institutes latest list of top-performing cities reveals. Many areas of the nation are stagnant and likely to remain that way. The remaking of the U.S. economy makes mobility a prerequisite for career success. More than any time during the last 60 years, people need to be able to go where the jobs and opportunities are, because opportunity is less and less likely to come looking for you.
Source: http://news.yahoo.com/obama-is-sending-the-wrong-message-on-owning-a-home-190228471.html

Obama Pays Respects at French Embassy After Paris Attack - ABC News

Behind him hung a painting of George Washington at Yorktown with French Gen. Jean-Baptiste Donatien de Vimeur, better known as Count Rochambeau. "As allies across the centuries, we stand united with our French brothers to ensure that justice is done and our way of life is defended," Obama wrote. "We go forward together knowing that terror is no match for freedom and ideals we stand for ? ideals that light the world." He signed off with "Vive la France !" Afterward, Obama stood briefly near the table with his head bowed in a moment of silence before shaking hands with embassy personnel. Obama has denounced the "cowardly, evil attacks" that took place Wednesday at the offices of the satirical newspaper Charlie Hebdo.
Source: http://abcnews.go.com/Politics/wireStory/obama-pays-respects-french-embassy-paris-attack-28098461

Obama cutting mortgage fees for FHA borrowers: Good news for housing market? - Yahoo News

By the centers analysis, the FHA can significantly lower its premiumscharging current borrowers more appropriately for their risks while continuing to build the necessary reserves against future losses. When a lender issues an FHA-insured loan, the premiums paid by borrowers go into a fund. Lenders are paid off by the fund if the loan defaults. The Obama administration says the FHA program is following prudent lending standards developed after the 2008 crisis. Insurance premiums will still be 0.85 percent of the loan value per year, substantially higher than the pre-crisis norms of about 0.55 percent. The White House projects that 800,000 borrowers will be able to take advantage of the lower premiums within a year, and that its new policy will nudge many families off the sidelines and into the home-buying market. Since 2008, the housing market has gradually recovered. But many younger households, in particular, have remained in the rental market or have doubled up with parents rather than trying to buy homes.
Source: http://news.yahoo.com/obama-cutting-mortgage-fees-fha-borrowers-good-news-202947262.html

Obama to Ease Mortgage Rules for 800,000 Low-Income Households - Yahoo News

8, 2015, in Phoenix, about the recovering housing sector. (AP Photo/Carolyn Kaster) WASHINGTON (Reuters) - President Barack Obama said on Thursday he would offer a proposal in his State of the Union speech that would make two years of community college original site free for anyone willing to work for it. Obama said in a video message released by the White House that in a visit to Tennessee on Friday he would announce the program to make community college accessible for everyone. Under the proposal, students who attend at least half-time, maintain a 2.5 GPA while in college, and make steady progress toward completing their programs would have their tuition eliminated. The White House said the program would be taken in partnership with states and was inspired by new programs in Tennessee and Chicago.
Source: http://news.yahoo.com/obama-proposes-two-years-free-community-college-235032113.html

Obama proposes two years of free community college - Yahoo News

When a buyer cannot qualify for an affordable mortgage because a bank is concerned about their ability to repay the loan, the FHA can step in and offer a guarantee to the bank that it will bear some or all of the losses in the event of a default The price is a guarantee fee, which is typically paid by the borrower in the form of a higher monthly mortgage payment. Related: White House Rolls Out State of the Union Spoilers The presidents order would knock the guarantee fee down by half a percentage point. The move wont cause a major shift in the housing market, but it will allow many buyers who are currently right on the margin in terms of being able to afford a home, to get the loans they need. In a post on Medium yesterday, White House Senior Adviser Dan Pfeiffer said the move was necessary because homeownership is out of reach for too many Americans families who can afford to buy a home, but find themselves shut out because the lending market is too tight. Thats why the President will announce a new executive action that will help more responsible Americans own a home, building on efforts already underway to cut red tape that holds them back. However, combined with a recent move by Fannie Mae and Freddie Mac to allow first-time buyers to purchase their homes with as little as 3 percent down, the changes to FHA loans have some critics warning that weve been down this road before. Related: What Chickens and Gold Have in Common: Lower Prices Given the current state of the economy, there is no reasonable argument for the need to support housing to boost the economy, said economist Charles Calomiris, an adjunct fellow at the Manhattan Institute. Unemployment has fallen and GDP is growing rapidly.
Source: http://news.yahoo.com/obama-ease-mortgage-rules-800-181200498.html

Obama plan for free community college: U.S. would pay 75%, states 25% - LA Times

At its heart is dedicated federal funding to cover 75% of tuition, with the states picking up the rest of the tab. President Obama is heading back to Washington on Saturday after a two-week holiday visit to Hawaii, but he won't stick around for long. ( Michael A. Memoli ) What Id like to do is to see the first two years of community college free for everybody who is willing to work for it, Obama said in a video filmed on Air Force One and posted Thursday on Facebook, ahead of his planned visit Friday to a community college and technical center in Knoxville, Tenn., as part of a trip designed to preview his policy plans for 2015. White House advisors declined to say how much the proposal would cost or how the administration planned to pay for it, but experts said such a venture could cost the federal government tens of billions of dollars.
Source: http://www.latimes.com/nation/la-na-obama-community-college-20150108-story.html?track=rss

January 01 2015

roccorkgi

Stocks Pull Back From Record In Light Trading; Utilities Slump | New Hampshire Business

Stocks Just Dropped - Yahoo Finance

what makes a hot stock width='500px' /> The stock plunged 52.6 percent to $3.92 on volume of about 56.2 million shares, the most active day in its history. Volume was light, with about 4.42 billion shares traded on U.S. exchanges, well below the 7.06 billion average so far this month, according to data from BATS Global Markets. Declining issues outnumbered advancing ones on the NYSE by 1,806 to 1,262, for a 1.43-to-1 ratio; on the Nasdaq, 1,671 issues fell and 1,031 advanced for a 1.62-to-1 ratio favoring decliners.
Source: http://www.unionleader.com/article/20141230/NEWS02/141239847&source=RSS

STOCKS SLIP, GOLD SPIKES: Here's What You Need To Know - Yahoo Finance

The energy slowdown is hitting Civeo today: The provider of housing for oil-field workers plunged 33 percent after guiding revenue well below consensus and slashing its dividend. NeuroDerm surged more than 20 percent on strong Phase II data for its potential Parkinson's drug. Despite the worries in Greece before elections on Jan. 25, economic data continues to improve in Europe. Today, for instance, Italian manufacturing confidence rose for a third straight month and the region's central bank cited increased lending.
Source: http://finance.yahoo.com/news/stocks-global-markets-lower-130643876.html

Stocks follow global markets lower - Yahoo Finance

Compared to last year, home prices also rose 4.5% in October, also better than expected. In comments on CNBC following the report, Yale professor Robert Shiller and one half of the Case-Shiller team, said the housing market in San Francisco looks "a little bubbly." 2. We got the final reading on consumer confidence for 2014, with the Conference Board's consumer confidence index coming in at 92.6, up from 88.7 last month but still a bit below expectations. Following the report, the Conference Board's Lynn Franco said, "Consumer confidence rebounded modestly in December, propelled by a considerably more favorable assessment of current economic and labor market conditions. As a result, the Present Situation Index is now at its highest level since February 2008." 3.
Source: http://finance.yahoo.com/news/stocks-slip-gold-spikes-heres-210000141.html

Stocks opened the day lower but were trading in a narrow range as volume is light as we're sandwiched between the Christmas and New Years holidays. Here's the quick drop. . Google Finance Overall, it's a quiet day in the markets, but on Tuesday we did get two pieces of economic data, first from the housing sector and then from consumer confidence.
Source: http://finance.yahoo.com/news/stocks-just-dropped-185331889.html

Stocks Just Dropped (DIA, SPY, QQQ, TLT, IWM) - Business - Moberly Monitor-Index - Moberly, MO - Moberly, MO

Screen Shot 2014 12 30 at 1.46.02 PM 30, 2014 @ 3:31 pm By Myles Udland Posted Dec. 30, 2014 @ 3:31 pm Social News Stocks just dropped quickly. The Dow is down 67 points, the S&P 500 is down 10 points, and the Nasdaq is down 31 points. These are near session lows for all of the major averages. Stocks opened the day lower but were trading in a narrow range as volume is light as we're sandwiched between the Christmas and New Years holidays.
Source: http://www.moberlymonitor.com/article/20141230/BUSINESS/312309987/-1/news

December 28 2014

roccorkgi

Oef, Aapl, Msft, Xom: Etf Inflow Alert - Nasdaq.com

Past performance is not indicative of future performance. To the extent any portion of the distribution is estimated to be sourced from something other than income, such as return of capital, the source this site would be disclosed on a Section 19(a)-1 letter located on the Fund's website under the "Literature" tab. Distributions may be comprised of sources other than income, which may not reflect actual fund performance. For more information, please visit http://www.guggenheiminvestments.com/products/etf . About Guggenheim Investments Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, and manages more than $194.2 billion1 in assets across fixed income, equity, and alternatives.
Source: http://finance.yahoo.com/news/guggenheim-investments-declares-monthly-end-234141140.html

Among the largest underlying components of OEF, in trading today Apple Inc (Symbol: AAPL) is up about 0.6%, Microsoft Corporation (Symbol: MSFT) is down about 0.2%, and Exxon Mobil Corp. (Symbol: XOM) is up by about 0.2%. For a complete list of holdings, visit the OEF Holdings page The chart below shows the one year price performance of OEF, versus its 200 day moving average: Looking at the chart above, OEF's low point in its 52 week range is $77.19 per share, with $92.78 as the 52 week high point - that compares with a last trade of $92.31. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''.
Source: http://www.nasdaq.com/article/oef-aapl-msft-xom-etf-inflow-alert-cm427390

Among the largest underlying components of VO, in trading today Vertex Pharmaceuticals, Inc. (Symbol: VRTX) is up about 2.3%, Avago Technologies Ltd (Symbol: AVGO) is down about 0.3%, and Moody's Corp. (Symbol: MCO) is up by about 0.5%. For a complete list of holdings, visit the VO Holdings page The chart below shows the one year price performance of VO, versus its 200 day moving average: Looking at the chart above, VO's low point in its 52 week range is $104.31 per share, with $125.57 as the 52 week high point - that compares with a last trade of $125.23.
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-vo-vrtx-avgo-mco-cm427373

roccorkgi

Notable Etf Outflow Detected - Iyr, Spg, Amt, Psa - Nasdaq.com

Among the largest underlying components of IYR, in trading today Simon Property Group, Inc. (Symbol: SPG) is trading flat, American Tower Corp (Symbol: AMT) is up about 0.1%, and Public Storage (Symbol: PSA) is up by about 0.2%. For a complete list of holdings, visit the IYR Holdings page The chart below shows the one year price performance of IYR, versus its 200 day moving average: Looking at the chart above, IYR's low point in http://www.etftradingsignals.com its 52 week range is $62.60 per share, with $79.13 as the 52 week high point - that compares with a last trade of $77.74. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/notable-etf-outflow-detected-iyr-spg-amt-psa-cm427394

Guggenheim Investments Declares Monthly and Year-End Fixed Income ETF Distributions for 2014 - Yahoo Finance

By December 23, 2014 David Kotoks annual fishing trip has become something of a legend in financial circles. The founder of money manager Cumberland Advisors transforms a small fishing and hunting lodge in Maine into the site of an invitation-only midsummer economic summit where some of the biggest names in global finance engage in freewheeling discussions about... Get The Full Story
Source: http://online.barrons.com/articles/david-kotoks-etf-picks-1419339168?mod=rss_barrons_funds/Q_and_A

Among the largest underlying components of VO, in trading today Vertex Pharmaceuticals, Inc. (Symbol: VRTX) is up about 2.3%, Avago Technologies Ltd (Symbol: AVGO) is down about 0.3%, and Moody's Corp. (Symbol: MCO) is up by about 0.5%. For a complete list of holdings, visit the VO Holdings page The chart below shows the one year price performance of VO, versus its 200 day moving average: Looking at the chart above, VO's low point in its 52 week range is $104.31 per share, with $125.57 as the 52 week high point - that compares with a last trade of $125.23. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''.
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-vo-vrtx-avgo-mco-cm427373

Among the largest underlying components of OEF, in trading today Apple Inc (Symbol: AAPL) is up about 0.6%, Microsoft Corporation (Symbol: MSFT) is down about 0.2%, and Exxon Mobil Corp. (Symbol: XOM) is up by about 0.2%. For a complete list of holdings, visit the OEF Holdings page The chart below shows the one year price performance of OEF, versus its 200 day moving average: Looking at the chart above, OEF's low point in its 52 week range is $77.19 per share, with $92.78 as the 52 week high point - that compares with a last trade of $92.31. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/oef-aapl-msft-xom-etf-inflow-alert-cm427390

OEF, AAPL, MSFT, XOM: ETF Inflow Alert - NASDAQ.com

This approach to investment management has enabled us to deliver innovative strategies providing diversification and attractive long-term results. 1Guggenheim Investments total asset figure is as of 9/30/2014. The assets include leverage of $12.141B for assets under management and $0.465B for assets for which we provide administrative services. Guggenheim Investments represents the following affiliated investment management businesses: GS GAMMA Advisors, LLC, Guggenheim Aviation, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Investment Management, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners India Management, Guggenheim Real Estate, LLC, Security Investors, LLC and Transparent Value Advisors, LLC. Read a fund's prospectus and summary prospectus (if available) carefully before investing. It contains the fund's investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing.
Source: http://finance.yahoo.com/news/guggenheim-investments-declares-monthly-end-234141140.html

Food hubs link consumers with locally raised food, help farms expand sales | Fox Business

Food hubs are providing another outlet besides farmers' markets for small farms to sell what they raise to consumers clamoring for locally grown products. The number has doubled over the last six years to more than 300 nationally. There is no one model. Some collect food from area farms and dole it out in weekly deliveries. Others help consumers, restaurants and institutions to source food online.
Source: http://www.foxbusiness.com/markets/2014/12/27/food-hubs-link-consumers-with-locally-raised-food-help-farms-expand-sales/

roccorkgi

Stocks Inch Higher After Christmas - Yahoo Finance

Premarkets: 4 things to know before the open - Dec. 26, 2014

premarkets chart friday While the drop has wrought havoc on energy stocks, it came at the same time consumers were getting back on their feet. The big question now facing the market is whether employment trends will be strong enough in 2015 to push interest rates higher. Investors have recently bought lagging stocks like oil drillers and railroad suppliers. Money has also flowed into newer groups like drug stores, suppliers of employee uniforms and advertising agencies. (See beswt stock optionMONSTER's proprietary researchLAB market scanner to run your own analysis.) The agenda is quiet, with nothing scheduled until New Year's Eve next Wednesday.
Source: http://finance.yahoo.com/news/stocks-inch-higher-christmas-130657090.html

STOCKS RALLY TO RECORD HIGH: Here's What You Need To Know - Yahoo Finance

There were no major market-moving economic reports on the calendar today. 2. Holiday sales were strong. According to MasterCard Advisors SpendingPulse , retail sales during Black Friday through Christmas Eve were up 5.5% this year.
Source: http://finance.yahoo.com/news/stocks-rally-record-high-heres-210000933.html

Nonetheless, trading activity has remained somewhat subdued, as many traders remain away from their desks following the Christmas Day holiday on Thursday. In overseas trading, many of the major markets across the Asia-Pacific region were closed on the day, although China's Shanghai Composite Index surged up by 2.8 percent. Japan's Nikkei 225 Index also inched up by 0.1 percent. Meanwhile, following the Christmas Day holiday on Thursday, the major European markets remained closed on Friday for Boxing Day.
Source: http://www.nasdaq.com/article/stocks-remain-mostly-positive-in-midday-trading--us-commentary-20141226-00075

Stocks Remain Mostly Positive In Mid-Day Trading - U.S. Commentary - NASDAQ.com

All Rights Reserved. Factset: FactSet Research Systems Inc. 2014. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc.
Source: http://money.cnn.com/2014/12/26/investing/premarket-stocks-trading-friday/index.html?section=money_latest

roccorkgi

Etf Preview: Etfs, Futures Higher As Jobless Claims Fall To Lowest Level In Seven Weeks - Nasdaq.com

Direxion Daily Financial Bull 3X shares (FAS) was up 0.5% and its bearish counterpart, FAZ, was up 0.1%. American Realty Capital Properties (ARCP) was down 4.2% after it said it has obtained an additional lender waiver and extension for reporting Q3 2014 and full year 2014 financial statements and has concluded a status evaluation of the properties in ARCP's portfolio. ARCP agreed under the waiver and extension that it will not pay a dividend on its common stock until its financial statements have been delivered. The company plans to review its dividend policy and pay a common stock dividend in line with its industry peers after delivery of the statements. SPDR S&P International Technology Sector ETF (IPK) was also unchanged. Semiconductor ETFs SPDR S&P Semiconductor (XSD) and Semiconductor Sector Index Fund (SOXX) were flat in pre-market trading .
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-as-jobless-claims-fall-to-lowest-level-in-seven-weeks-cm426577

Investors should go back to picking stocks: Experts

"We're past the time of index investing," he said in an interview on CNBC's "Closing Bell." "All the liquidity (the Fed) pumped in brought up the bad with the good, and we're seeing less of that." Read More 10 rookie ETFs that raked in the 2014 cash Peter Costa, president of Empire Executions, a New York City-based trading firm, said in the same interview he agreed with Nelson's analysis. "In a growing market, everyone's a genius," he said. "When the market starts selling off, that's when bottom-down etf trading signals strategy research becomes very important." Read More Are these ETFs cutting-edge or just plain crazy? Both men agreed that stock picking would be the best way to invest in 2015, but their approach in picking stocks deviates.
Source: http://www.cnbc.com/id/102294677?__source=yahoonews&par=yahoonews

Buy Europe Without Euro Risk With This New ETF - ETF News And Commentary - NASDAQ.com

The fund is a good choice for investors seeking exposure to the Euro zone. At the same time, it is a tool to safeguard investors from negative currency translations. Health of the Euro zone companies also appears stable as evident by impressive corporate earnings in Q3. As per Reuters , net earnings for 36% of total market capitalization reported so far are up 7.1% on almost flat revenues with beat ratios of 67% and 59%, respectively. If this was not enough, about 80% of ECB banks cleared the latest stress test. This, coupled with an accommodative central bank, undoubtedly warrants a look at the Euro zone to earn some quick gains.
Source: http://www.nasdaq.com/article/buy-europe-without-euro-risk-with-this-new-etf-etf-news-and-commentary-cm426916

ETF Trends To Watch For In 2015 - NASDAQ.com

The goal is to protect the investment managers best ideas, trade execution, and analytical capabilities from competition. However, it also takes away one of the strongest arguments for owning an ETF in which you know what you own at any given time. Expect the Unexpected It happens every year, but most investors often forget that new sector leaders have a way of coming out of left field . This is often a function of money rotating out of overbought areas of the market and into opportunities that offer a more attractive value proposition.
Source: http://www.nasdaq.com/article/etf-trends-to-watch-for-in-2015-cm426411

December 25 2014

roccorkgi

Obama, Malaysian Pm Hit The Links In Hawaii - Yahoo News

View photo US President Barack Obama watches Malaysian Prime Minister Najib Razzak prepare to putt as they play golf at Marine Corps Base Hawaii on December 24, 2014 (AFP Photo/Nicholas Kamm) US President Barack Obama, on vacation in Hawaii, tends to golf with buddies and aides, but on Wednesday mixed things up, hitting the links with Malaysian Prime Minister Najib Razak. "The president and Prime Minister Najib of Malaysia enjoyed golf together today," a White House official said. "The two leaders took the opportunity to discuss the growing and warming relationship between the United States and Malaysia." In addition, Obama is looking forward to working with the prime minister in 2015 when Malaysia chairs the Association of Southeast Asian Nations, the official said. Obama, who usually plays at the Marine Corps base in Kaneohe Bay when in Hawaii, made the first visit by a sitting US president to Malaysia in decades last year. Politics & Government
Source: http://news.yahoo.com/obama-malaysian-pm-hit-links-hawaii-045311163.html

Obama Tees off in Hawaii With Malaysian Leader - ABC News

Media access to Obama's golf games is typically restricted, but reporters and photographers were permitted to briefly watch the two leaders Wednesday about halfway through their game. Neither leader was having particularly good luck with their short game. Up first to finish the hole, Najib came up short with his putt. Obama crouched low to line up his shot, but the ball tilted left and evaded the hole. After another failed attempt, he picked up the ball and called it quits. Najib, too, missed his next shot, but a gracious Obama gave him a pat on the shoulder and praised his golf game just the same.
Source: http://abcnews.go.com/Politics/wireStory/obama-tees-off-hawaii-malaysian-leader-27820631

Obama glad 'Interview' released, but won't say if he'll watch film - LA Times

President Obama jokes with reporters as he plays golf with Malaysian Prime Minister Najib Razak at Marine Corps Base Hawaii on Dec. 24. (Nicholas Kamm / AFP/Getty Images) YouTube President Obama says he's glad Sony has released 'The Interview' President Obama cheered Sony's decision to make the Seth Rogen comedy "The Interview" widely available on digital platforms, but declined to say whether he would be streaming the spoof of North Korea while on his Hawaii vacation. 8 During a photo op midway through a round of golf with Malaysia's prime minister, the president was asked whether he'd watch the film. After thinking over the question for a moment, the president simply smiled and http://www.obamastudentloanforgiveness.net/ said, "I'm glad it's being released." Before jetting off to Hawaii for his annual holiday break, President Obama stood before reporters to pat himself on the back on Friday. He's proud of his accomplishments this year, he said.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-obama-the-interview-20141224-story.html?track=rss

Obama notes end of Afghanistan war in Christmas address | TheHill

troops and their families. In the presidents weekly address issued on Christmas Eve, Obama said the holiday was a time to step back and reflect on the sacrifices of military families. ADVERTISEMENT Were able to gather with family and friends because our troops are willing to hug theirs goodbye and step forward to serve. After a long day, we can come home because theyre willing to leave theirfamiliesand deploy. We can celebrate the holidays because theyre willing to miss their own, Obama said. Obamas address was basically free from politics, except for a comment about how the combat mission in Afghanistan would soon be over. Obama, who hopes to have all troops removed from Afghanistan at the end of his presidency, said that when the combat mission ends, our longest war will come to a responsible end. The White House earlier this month in a blog post noted that there were 180,000 U.S. troops in Iraq and Afghanistan when Obama took office, but there will be fewer than 15,000 at years end.
Source: http://thehill.com/homenews/administration/228080-obama-notes-end-of-afghan-war-in-christmas-address

Obama Selects Longtime NRC Attorney as Chairman - ABC News

Burns, to serve as its chairman. The five-member commission oversees the safety of the nation's 62 nuclear power plants, and the chairman serves as the group's official spokesman. Burns replaces Allison Macfarlane, who is stepping down to take a position at George Washington University. Burns served as the NRC's general counsel from 2009-2012, and prior to that served in a variety of roles at the agency. He is the second general counsel to later become the agency's chairman. He has also served a stint as head of legal affairs for the Organization for Economic Cooperation and Development's Nuclear Energy Agency.
Source: http://abcnews.go.com/Politics/wireStory/obama-selects-longtime-nrc-attorney-chairman-27800872

Obama issues drug pardons - CNN.com

He has spent more than 20 years in prison but has been clinging to the hope he will someday be free as a result of the Justice Department's initiative and the absence of a violent past. Timothy's sister, Carrie, who has dedicated her life to tirelessly efforting her brother's release, believes that the lack of commutations this year does not indicate a reluctance on Obama's part to follow through with prison reforms. But it is evidence of the bureaucracy-induced backlog caused by the amount of applications for qualified inmates, she believes. RELATED: Man hopes new sentencing rules will get him out Obama has received 15,646 petitions for commutation since 2009 and, with the addition of the eight granted this year, has granted a total of 21. That's more than the number granted by Presidents George W.
Source: http://www.cnn.com/2014/12/22/politics/obama-clemency-drug-pardons/index.html

Older posts are this way If this message doesn't go away, click anywhere on the page to continue loading posts.
Could not load more posts
Maybe Soup is currently being updated? I'll try again automatically in a few seconds...
Just a second, loading more posts...
You've reached the end.

Don't be the product, buy the product!

Schweinderl