Semiconductor Etf Up 3 Straight Weeks (smh, Intc, Xsd, Ovti)

When two stocks make up nearly one-third of an ETF, the ETF will blog tend to be heavily influenced by their performance. Both Intel and TSM have been market leaders and therefore SMH has been on a tear. The smaller SPDR S&P Semiconductor ETF (NYSE: XSD ) is also breaking out to new highs, though it does not boast a similar winning streak. The portfolio is very different than that of SMH as Intel is not in the top ten holding list. The largest holding is OmniVision Technologies (NASDAQ: OVTI ) at 2.8 percent. Both ETFs are now sitting at extremely overbought levels based on a variety of technical indicators, which should not be a surprise considering the rally that both have enjoyed.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/etfs_sector_etfs_14_06_4618962_semiconductor_etf_up_3_straight_weeks_smh_intc_xsd_ovti.html

Noteworthy ETF Inflows: HYG – NASDAQ.com

The chart below shows the one year price performance of HYG, versus its 200 day moving average: Looking at the chart above, HYG’s low point in its 52 week range is $88.27 per share, with $95.07 as the 52 week high point – that compares with a last trade of $94.90. 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/noteworthy-etf-inflows-hyg-cm361591

China ETF Hedging Costs at Record Low on Stimulus Wagers – Bloomberg

Given the fact that Chinas economic growth target for 2014 is 7.5 percent, one might easily assume that Premier Li Keqiangs response to the report could have been: Ill take it! On June 2, the May official manufacturing PMI from Chinas National Bureau of Statistics rose to 50.8 from Aprils 50.7. Although a reading above 50 indicates expansion, a number of economists have explained that Chinas manufacturing PMI needs to clear 51 to establish some escape velocity. On June 3, the HSBC China Manufacturing PMI report indicated that Chinas manufacturing PMI increased to 49.4 in May, from Aprils 48.1. Although a reading below 50 indicates contraction, the improvement from April reinforced the notion that the nations recent economic slowdown was just a temporary setback. On June 9, the General Administration of Customs reported that the nations exports increased 7 percent in May, on a year-over-year basis. Economists had been expecting a 6.6 percent increase. Investors enthusiasm was subdued by the fact that imports fell 1.6 percent, compared with economists expectations for a 6.1 percent increase. Although Chinas trade surplus reached its highest level in five years, the slump in imports signaled sluggishness in the domestic economy because of reduced demand. On June 13, Chinas National Bureau of Statistics reported that in May, retail sales increased 12.5 percent on a year-over-year basis and that industrial production increased 8.8 percent on a year-over-year basis. The June 5 release of the HSBC China Services PMI (with Composite PMI data) for May indicated the end of a three-month streak of contraction, with a slight but crucial increase to 50.2 percent from Aprils 49.5 percent. The report included the following Commentary from Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC: The headline HSBC China Services PMI moderated to 50.7 in May, down from 51.4 in April. Latest data signalled a relatively big drop in the business expectations index, which fell to an 11-month low of 58.1, down from 60.7 in April.
Source: http://www.wallstreetsectorselector.com/investment-articles/editors-desk/2014/06/mixed-news-china-weekly-international-etf-report/

Who Wins The 2014 World Cup Of ETFs? – ETF News And Commentary | Benzinga

Greece: Both of these countries have seen their economies turnaround as of late and currently have Buy Ranks. However, thanks to a slump for Greece, England (the UK) easily wins and gets on to the next round to face the Netherlands. Nigeria vs. France: Both of these country ETFs have Ranks of 3, so we have to go to performance as a tiebreaker. The emerging market easily beats out France since it posted an 11% gain in the trailing three month time frame.
Source: http://www.benzinga.com/etfs/14/06/4629424/who-wins-the-2014-world-cup-of-etfs-etf-news-and-commentary

JPMorgan’s ETF Debut Set for Tuesday – Focus on Funds – Barrons.com

Related Vanguard’s Norris: H.K. `Good Platform’ for ETFs The cost of hedging against losses in the largest Chinese exchange-traded fund in the U.S. has fallen to a record low on optimism that government stimulus will help sustain growth in the worlds second-biggest economy. The Bloomberg China-US Equity Index of the most-traded Chinese stocks in the U.S. rose 2 percent last week for the biggest advance since February. Chinese stocks are back in favor as growth in industrial output and retail sales accelerated in May while new bank loans exceeded analyst estimates.
Source: http://www.bloomberg.com/news/2014-06-15/china-etf-hedging-costs-at-record-low-on-stimulus-wagers.html

Mixed News about China: Weekly International ETF Report

ET JPMorgans ETF Debut Set for Tuesday Larger By Brendan Conway The push into the ETF market by J.P. Morgan Chase ( JPM ) gets moving next Tuesday with the launch of the firms first fund, according to a just-released exchange filing . JPMXF Diversified Return Global Equity ETF, we reported ,is built with four attributes in mind: (1) finding stocks which exhibit low volatility, (2) stocks with value characteristics, (3) momentum and (4) size. Bloomberg Going passive Back in February, this blog previewed a lineup that the giant bank has no problem calling smart beta. The term has come under fire in the ETF industry and elsewhere for being vague , overpromising and something of a hash by fund marketing departments.
Source: http://blogs.barrons.com/focusonfunds/2014/06/13/jpmorgans-etf-debut-set-for-tuesday/

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Obama’s Transgender Rights Campaign Gets Little Attention

A link has been posted to your Facebook feed. 19 View reader contributions and add your own related to this story. Add Videos or PhotosBe first to contribute Sign in now to share your story. Sign in with FacebookSign in with Google+ Be first to contribute You’ve contributed successfully to: Obama, Putin may talk soon Thanks! Your submission didnt go through.
Source: http://www.usatoday.com/story/theoval/2014/06/22/obama-putin-iraq-syria-russia-ukraine-hollande/11234691/

“There are other people who are concerned about these things, definitely. I think America is just overwhelmed right now,” she said. “Everybody is going to have to take a step back, and that step back is going to be this November.” The stage was set for Obama to become a champion of transgender rights when the LGBT community split over an earlier version of the Employment Non-Discrimination Act that Lafferty’s group is fighting. In fall 2007, openly gay Rep. Barney Frank pursued, with the blessing of the nation’s largest gay rights group, legislation prohibiting discrimination against gays and lesbians, but not transgender people. As Frank put it plainly, there were not enough Democratic votes to get a “trans-inclusive” law through the House.
Source: http://www.huffingtonpost.com/2014/06/21/obama-transgender-rights_n_5517676.html

The idea: bring together makers, hobbyists and inventors to show off the creativity of American entrepreneurs. The maker movement, which empowers folks to build their ideas on their own, has gone from niche to mainstream, and the administration has taken notice. Although the maker movement isn’t new, many of the technologies that have driven the movement have recently become mainstream and accessible. “Today’s D.I.Y. is tomorrow’s ‘Made in America,'” Obama said.
Source: http://money.cnn.com/2014/06/20/technology/innovation/maker-faire-white-house/index.html

Obama: Threat from Iraq militants could grow – The Washington Post

Fears mount that Obama could be left without a status of forces agreement, as happened in Iraq. And look how thats turned out. The mad dogs of ISIS that came across the border from Syria to form Al Qaedastan are firmly in charge of a vast region of Iraq. They are distributing highly polished English-language videos calling on Muslims to join jihad in Syria and in Iraq, which was liberated from tyrant Saddam Hussein at the cost of 4,500 American lives. The President has essentially accepted the ISIS conquest as a fait accompli for now.
Source: http://www.nydailynews.com/opinion/obama-siege-article-1.1838232?comment=true

Were going to have to have a more focused, more targeted strategy and were going to have to partner and train local law enforcement and military to do their jobs as well. Obamas comments came as U.S. lawmakers and officials within his own administration are grappling with the best way to address the growing insurgency in Iraq just years after American troops pulled out. As bloody sectarian violence breaks out once again in Iraq, a president who opposed the Iraq war and vowed to end it is finding the U.S. being lured back into the conflict by the deteriorating security situation. Obama has announced plans to send 300 special operations forces into Iraq to train its military, but insists the U.S.
Source: http://www.washingtonpost.com/politics/obama-threat-from-iraq-militants-could-grow/2014/06/22/9a23ee1e-fa05-11e3-b836-a372189b76a6_story.html

Lawmaker slams Obama for no mention of jailed Marine in talks with Mexican president | Fox News

Ileana Ros-Lehtinen, R-Fla., said “it’s pathetic” that the mother of Marine Sgt. Andrew Tahmooressi has to plead for her Obamastudentloanforgiveness.net son’s release from a Mexican prison while Obama apparently did not address the issue earlier in the day while meeting with Mexican President Enrique Pena Nieto ADVERTISEMENT ADVERTISEMENT “It is inexcusable, it is inexplicable, it is obscene, it is horrific,” Ros-Lehtinen told Greta Van Susteren on “On the Record.” Tahmooressi, who suffers from PTSD and served in Afghanistan, has been languishing in custody since he was arrested in late March after he accidentally drove into the country with three legally purchased guns in his truck. “He took a wrong turn from the U.S. into Mexico, a wrong turn into the Twilight Zone,” Ros-Lehtinen said. “Meanwhile, he’s been in a Mexico prison, and the days languish on for him. He has been beaten, he has been chained, he has been treated terribly.” Ros-Lehtinen noted that the transcript of Obama and Nieto’s meeting, in which the two discussed the surge of immigrants from Mexico into the United States, did not include any mention of Tahmooressi.
Source: http://www.foxnews.com/us/2014/06/21/ros-lehtinen-blasts-obama-for-apparently-not-mentioning-marine-plight-during/

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Notable Etf Inflow Detected – Agg – Nasdaq.com

However, EWZ had been making a strong comeback since finding a bottom in February that has many investors considering repositioning their portfolios back into Latin America and emerging market economies. The Market Vectors Brazil Small Cap ETF (NYSE: BRF ) is also at a critical crossroads of technical support that needs to hold. if the rally in Brazilian equities is going to extend higher. This ETF has $160 million invested in 75 Brazilian small cap stocks and may be considered a complimentary position to a large-cap holding such as EWZ. While the recent dip in EWZ and BRF may be the result of a short-term pull back, a strong showing of economic prosperity during the World Cup tournament may be just what this country needs to reinforce their stock market.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/news_14_06_4612636_brazil_etf_dropping_the_ball_ahead_of_world_cup.html

What’s Better for You: An ETF or a Mutual Fund? | Fox Business

Done A Stable ETF to Gain Exposure to a Volatile Biotech Sector By ETFtrends.com June 6, 2014 1:28 PM 0 shares Content preferences Done After biotech stocks tumbled in the wake of drug pricing concerns and a disdain for growth stocks, biotechnology exchange traded funds show cheaper valuations and possibly present a buying opportunity for investors. The recent price pressure may present a buying opportunity for investors interested in biotech firms, according to Robert Goldsborough, fund analyst for Morningstar . IBB comes with a 0.48% expense ratio. [ Technical Analysts See Bullish Signs for Biotech ETFs ] The jarring pace of change, single-product liability, regulatory uncertainties, and intellectual property rights make picking stocks in the biotech sector a high-risk/high-reward proposition, Goldsborough added.
Source: http://finance.yahoo.com/news/stable-etf-gain-exposure-volatile-172832452.html

There’s A Short Squeeze ETF Coming – Business Insider

Instead, ask yourself: “What is the right strategy and what are you buying the product for?” he says. The tax concern is a moot point when purchasing mutual funds within a tax-favorable retirement vehicle such as a 401(k) or an IRA, in which gains are not taxed. Abundance of Choices If you have two products that are exactly the same, for instance, a mutual fund and an ETF that both track the Standard and Poor’s 500 index, then you can go down the list of other considerations, including the expense ratio, commissions and taxes, says Stammers. Increasing numbers of investment choices are a double-edged sword for small investors. More choices mean that individuals can really get down into the nitty-gritty and implement a specific asset allocation plan with very low cost and incredible global diversity.
Source: http://www.foxbusiness.com/personal-finance/2014/06/02/what-better-for-etf-or-mutual-fund/

The Trouble With Actively Managed ETFs – Barron’s

The chart below shows the one year price performance of AGG, versus its 200 day moving average: Looking at the chart above, AGG’s low point in its 52 week range is $104.88 per share, with $109.83 as the 52 week high point – that compares with a last trade of $109.06. Comparing the most recent share price to the external link 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-inflow-detected-agg-cm359582

An ETF, or exchange traded fund, is a publicly traded fund that contains a basket of assets and trades like a stock on an exchange. A “short squeeze” happens when a stock that is heavily shorted, or a stock investors have bet will go down in price, surges higher. A short squeeze results because fewer shares of a company are available for purchase. Since those betting against a stock must borrow the shares, fewer shares remain for sale and can quickly get bid higher due to a lack of supply. This is basically what happened to shares of Herbalife last year, for instance. Prices soared to more than $70 from about $30 after Carl Icahn took a massive stake in the company following Bill Ackman’s presentation December 2012 that said the company would go out of business. Taking the opposite side of stocks that are heavily shorted is a risky, but not unpopular, strategy among traders who are betting that the principles of supply and demand will make a stock go higher.
Source: http://www.businessinsider.com/theres-a-short-squeeze-etf-coming-2014-6

A Stable ETF to Gain Exposure to a Volatile Biotech Sector – Yahoo Finance

But are they good for investors? By April 5, 2014 It’s the hottest club, so exclusive no one can seem to get in. Asset managers of all stripes are lining up to offer actively managed exchange-traded fundsso long as they can do it on their terms. On the surface, active ETFs are exactly what their name implies: ETFs with all the transparency and trading advantages they’re known for, but instead of hewing to an index or adhering to a rules-based approach, they’re run by managers…
Source: http://online.barrons.com/news/articles/SB50001424053111903536004579465410049955356

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Obama: I Don’t Apologize For Bergdahl Swap – Cnn.com

Obama also plans to announce he’s directing the government to renegotiate contracts with federal student loan servicers to encourage them to make it easier for borrowers to avoid defaulting on their loans. And he will ask the Treasury and Education departments to work with major tax preparers, including H&R Block and the makers of TurboTax, to increase awareness about tuition tax credits and flexible repayment options available to borrowers. At the same time, Obama will use the Rose Garden appearance on Monday to amplify his call for lawmakers to pass more sweeping legislation that would let college graduates with heavy debts refinance their loans. The Senate is expected to debate the legislation next week, but it faces significant obstacles. The dual strategy – taking executive action while urging Congress to finish the job – has become webblog Obama’s signature playbook this year . Stymied by gridlock as Congress marches toward the midterm elections, he has repeatedly sought ways to go around Congress with modest steps that underscore his pitch from the bully pulpit for Congress to finish the job.
Source: http://www.cbsnews.com/news/obama-looks-for-ways-to-ease-student-loan-debt/

Obama plans to announce Monday that he’s expanding an existing program that prevents borrowers from having to pay more than 10 percent of their monthly income in student loan payments. That program is only available to people who borrowed during certain years, but Obama intends to expand the timeframe for eligibility. Obama also plans to announce that he’s directing the government to renegotiate contracts with federal student loan servicers so encourage them to make it easier for borrowers to avoid defaulting on their loans. And the president is going to ask the Treasury and Education departments to work with tax preparers to increase awareness about tuition tax credits and flexible repayment options. THIS IS A BREAKING NEWS UPDATE.
Source: http://abcnews.go.com/Politics/wireStory/obama-executive-steps-student-loans-24043210

Opinion: Michelle Obama for Senate? – CNN.com

“And that was one of the pieces of information that we learned yesterday that gave it some credence in terms of why it had to be kept quiet so long.” A Senate aide took that further, telling CNN on condition of not being identified that senators were told in Wednesday’s classified briefing that the United States had credible information that leaked word of the deal meant death for Bergdahl. The new details enhanced the perception of a White House scrambling to respond to congressional anger over the exchange announced Saturday in a Rose Garden ceremony at the White House with Obama and Bergdahl’s parents. As part of the classified briefing, senators were shown the so-called proof of life video of Bergdahl, which the administration has said shows the soldier in deteriorating health. “He could barely talk. He couldn’t focus his eyes,” King said, adding the video had an effect on the room full of senators.
Source: http://www.cnn.com/2014/06/05/politics/bowe-bergdahl-release/index.html

But it certainly is often a good measure of power. In 2006, Sen. Barack Obama reported a salary of $157,082. The same year, Michelle Obama’s salary was $273,618. As first lady, Michelle Obama has managed to be both iconic and accessible, a hard-to-achieve but quintessential balancing act for the greatest of political leaders.
Source: http://www.cnn.com/2014/06/06/opinion/kohn-michelle-obama-run/index.html

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