Wall Street: Stocks Close Slightly Higher Following Some Strong Corporate Earnings | Abc7news.com

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Stocks Undo Ukraine-Inspired Fall, Post Weekly Gain | Fox Business

The Dow Jones industrial average gained 61 points, or 0.4 percent, to close at 16,713 on Thursday. The Standard & Poor’s 500 index rose eight points, or 0.4 percent, to 1,955. The Nasdaq composite climbed 18 points, or 0.4 percent, to 4,453. Retailer Kohl’s rose 3 percent after reporting income that beat analysts’ expectations. The Class A shares of Warren Buffett’s Berkshire Hathaway traded above $200,000 for the first time.
Source: http://abc7news.com/business/stocks-close-higher-on-corporate-earnings/152263/

Most active Nasdaq-traded stocks – Yahoo News

Next week’s calendar brings housing data, more retail earnings and preliminary readings of industrial activity in China and Europe. Our researchLAB market scanner has also shown strength in the last week among ocean-shipping stocks, oil tankers, mobile semiconductor makers, fuel cells, railroad suppliers and videogame makers. Energy, television broadcasters and Latin American stocks have struggled. Commodities are mixed, with oil and copper fractionally higher and precious metals down slightly.
Source: http://finance.yahoo.com/news/stocks-continue-higher-positive-news-130834198.html

In last weeks comments ( Are the Fear Levels Really That High? ) I discussed the extremely low reading of CNNs Fear & Greed Index which has dropped to 4. Since the Index ranges from 0 to 100 this was quite a low reading. As of Wednesdays close, the Index has risen slightly to 9.
Source: http://www.forbes.com/sites/tomaspray/2014/08/15/are-individual-investors-too-bullish/

Stocks continue higher on positive news flow – Yahoo Finance

Micron Technology Inc. fell .1 percent to $33.73 with 13,674,400 shares traded. Microsoft Corp. fell .2 percent to $41.80 with 15,801,200 shares traded.
Source: http://news.yahoo.com/most-active-nasdaq-traded-stocks-174218975.html

Are Individual Investors Too Bullish? – Forbes

The 10-year Treasury note yield (10_YEAR) fell more than 5 basis points to less than 2.35% as investors sought safety by buying Treasurys. Yields fall as Treasury prices decline. Haven-related buying only provided a modicum of help for gold, however, which trimmed losses but still settled at its lowest level since Aug. 5.
Source: http://www.foxbusiness.com/markets/2014/08/15/stocks-undo-ukraine-inspired-fall/


Obama Administration Unveils New Contraception Compromise – Cbs News

Effective immediately, the U.S. will begin allowing faith-affiliated charities, colleges and hospitals to notify the government – rather than their insurers – that they object to birth control on religious grounds. Then the government will instruct a nonprofit’s insurer or third-party administrators to take on the responsibility of paying for the birth control, at no cost to the employer. In a related move, the administration announced plans to extend an existing accommodation to some for-profit corporations that is currently available only to nonprofits. That measure would be available for “closely held” corporations that are owned by families or a small number of investors, and would transfer responsibility for birth control coverage away from the employer, according to a fact sheet posted on a government web site. Pressed on the specifics of the implementation, Schultz directed further inquiries to the Department of Health and Human Services, which has overseen implementation of the health care law.
Source: http://www.cbsnews.com/news/obama-administration-unveils-new-contraception-compromise/

Time has come for Obama to start worrying about his critics again

Democratic Sen. Jeanne Shaheen, viewed as a fairly safe bet to win re-election, is now in a dead heat with former Massachusetts GOP Sen. Scott Brown, according to the highly respected WMUR Granite State Poll released Thursday night. Read More Why is Obama disconnected, directionless? Steven Senne | AP President Barack Obama, right, smiles as he and former NBA basketball player Alonzo Mourning, left, play golf at the Vineyard Golf Club in Edgartown, Mass., on Martha’s Vineyard, Wed., Aug. 20, 2014.
Source: http://www.cnbc.com/id/101939808

Obama taking less vacation, but too much for some – San Diego, California News Station – KFMB Channel 8 – cbs8.com

What these rules do is help ensure that women have access to contraceptive coverage while respecting religious beliefs, said White House spokesman Eric Schultz. Yet the latest proposals will likely run up against the same objections, because they still enable employees to receive contraception through their health plans one of a range of preventive services required under President Barack Obamas health care law. We will be studying the new rule with our clients, but if todays announcement is just a different way for the government to hijack the health plans of religious ministries, it is unlikely to end the litigation, said Mark Rienzi, senior counsel at the Becket Fund for Religious Liberty. The fund has represented both Hobby Lobby and Wheaton College, an evangelical school whose case also made its way to the Supreme Court. In June, the high court ruled that the government cant force companies like Hobby Lobby Inc. to pay for birth control.
Source: http://www.pbs.org/newshour/rundown/new-obama-birth-control-fixes-for-religious-groups/

Obama offers new birth control fixes consolidate student loans to religious nonprofits, some for-profits companies | Star Tribune

Other presidents have vacationed during foreign policy flare-ups. President George H.W. Bush took a three-week break in Maine in 1990 after ordering the U.S. military to turn back Saddam Hussein’s Iraqi forces in Kuwait. He swatted away questions about Persian Gulf action while on the golf course, later saying “I just don’t like taking questions on serious matters on my vacation . .
Source: http://www.cbs8.com/story/26346985/obamas-vacations-in-line-with-us-average

Obama Offers new Accommodations on Birth Control

The dual decisions embrace suggestions included in recent Supreme Court rulings. But they’re unlikely to go far enough to satisfy religious groups. That’s because they would still make the groups complicit in a system that provides birth control through their organizations’ health plans. Langlade County Humane Society Raises $9,400 to Stay Open To comment, the following rules must be followed: No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions No Negative Community Comparisons No Fighting, Name-calling, or Personal Attacks Multiple Accounts are Not Allowed Stay on Story Topic Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so. If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator. Flagging does not guarantee removal.
Source: http://www.wsaw.com/home/headlines/Obama-Offers-new-Accommodations-on-Birth-Control-272343811.html

Obama administration announces new birth control fixes for religious groups

A previous accommodation offered by the Obama administration allowed those nonprofits to opt out of paying for birth control by submitting a document called Form 700 to their insurers, but Roman Catholic bishops and other religious plaintiffs argued just submitting that form was like signing a permission slip to engage in evil. In a related move, the administration announced plans to allow for-profit corporations like Hobby Lobby Inc. to start using Form 700. The Supreme Court ruled in June that the government can’t force companies like Hobby Lobby Inc. to pay for birth control, sending the administration scrambling for a way to ensure their employees can still get birth control one way or another at no added cost. The dual decisions mark the Obama administration’s latest effort to address a long-running conflict that has pitted the White House against churches and other religious groups.
Source: http://www.startribune.com/politics/272322051.html


Tbt: Etf Inflow Alert – Nasdaq.com

The chart below shows the one year price performance of TBT, versus its 200 day moving average: Looking at the chart above, TBT’s low point in its 52 week range is $56.85 per share, with $82.80 as the 52 week high point – that compares with a last trade of $57.44. Comparing the most recent share http://www.etftradingsignals.com/ 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. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
Source: http://www.nasdaq.com/article/tbt-etf-inflow-alert-cm380146

ETF Preview: ETFs Mixed, Stock Futures Higher Following Jobless Claims, Import/Export Prices – NASDAQ.com

Of these firms, DE takes the third spot, making up roughly 6.8% of the total assets. The product provides nice diversification across business segments with agricultural chemicals accounting for 43% share while farming/fishing (20%), and industrial engineering (19%) rounding off the next two spots. In terms of country allocation, U.S. (48.4%), Canada (10.8%) and Switzerland (7.8%) occupy the top three spots. The fund lost 1.8% in the year-to-date time frame.
Source: http://www.nasdaq.com/article/deere-dull-outlook-put-agribusiness-etfs-in-focus-etf-news-and-commentary-cm380254

Deere Dull Outlook Put Agribusiness ETFs in Focus – ETF News And Commentary – NASDAQ.com

13, from $1.5 billion the week prior, according to Lipper. The influence of bank-loan ETFs diminished during the week, to 7%of the outflow, or negative $45 million, from 14% the prior week. There have now been 16 weeks of outflows over the past 18 weeks, for a combined negative $9.2 billion over that span, which follows a record-shattering 95-week inflow streak totaling $66.7 billion. The trailing four-week average deepened to negative $751 million per week on average, from negative $689 million last week. This measure remains just under a recent peak, at $858 million in the week ended June 11.
Source: http://www.forbes.com/sites/spleverage/2014/08/14/us-leveraged-loan-fund-outflows-roughly-halved-this-week-with-small-etf-redemption/

US Leveraged Loan Fund Outflows Roughly Halved This Week With Small ETF Redemption – Forbes

Energy Fund (IYE) and Energy Select Sector SPDR (XLE) were both flat in pre-market trading. Rice Energy (RICE) was up 0.76% after it late Wednesday priced an upsized underwritten public offering of 11.9 million shares at $27.30 each. The company offered 7.5 million shares of its common stock, and the selling stockholders named in the registration statement are offering 4,438,826 shares. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,790,824 shares for overallotments, if any. The offering is expected to close Aug.
Source: http://www.nasdaq.com/article/etf-preview-etfs-mixed-stock-futures-higher-following-jobless-claims-importexport-prices-cm380040


Linkedin And Tesla Are Big Market Movers – Yahoo News

A link has been sent. Done LinkedIn and Tesla are big market movers Bally Technologies, LinkedIn, Procter & Gamble, and Tesla are big market movers 3 hours ago Content preferences Done NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Bally Technologies Inc., up $17.53 to $77.70 The gambling equipment maker is being bought by rival Scientific Games Corp. in a read here deal worth $5.1 billion, including debt. Procter & Gamble Co., up $2.33 to $79.65 The consumer products company reported a boost in quarterly profit on a series of cost cuts, topping Wall Street expectations.
Source: http://news.yahoo.com/linkedin-tesla-big-market-movers-203658380.html

Kenyan stocks rally for third straight day, shilling steady – Yahoo News

3. Market recap: U.S. stocks fell sharply Thursday. The Dow dropped by 317 points, wiping out its gains for the year.
Source: http://money.cnn.com/2014/08/01/investing/premarkets/index.html?section=money_news_international

Premarkets: 6 things to know before the open – Aug. 1, 2014

S&P 500 futures

Done Kenyan stocks rally for third straight day, shilling steady By By George Obulutsa 26 minutes ago 0 shares . View photo Head of trading at the Cooperative Bank of Kenya, speaks on phone during trading in Nairobi. REUTERS/Antony By George Obulutsa NAIROBI (Reuters) – Financial and telecoms stocks led Kenya’s main share index higher for a third consecutive day of gains on Friday. The shilling held steady against the dollar.
Source: http://news.yahoo.com/kenyan-stocks-rally-third-straight-day-shilling-steady-092636268.html

Stocks stabilize, helped by a pickup in hiring – LA Times

It showed that more people were looking for work and that employers added jobs to their payrolls, but not at such a fast pace to suggest that wages will start rising soon. That might prompt the Federal Reserve to raise interest rates to curb inflation. In a nutshell, it’s a good report, said Dan Greenhaus, chief strategist at brokerage firm BTIG in New York. Not too hot, not too cold. SAFETY IS KEY: Investors moved money into traditional safe havens: stocks that pay large dividends, bonds and gold. The yield on the 10-year Treasury note fell to 2.54 percent from 2.55 percent.
Source: http://www.latimes.com/business/la-fi-wall-street-20140801-story.html?track=rss

Tech Stocks from Briefing.com – Yahoo Finance

A link has been sent. Done July 4, 2014 11:55 AM 0 shares Content preferences Done Synnex (SNX) reported second quarter earnings of $1.52 per share, which is better than expected and $1.34-1.38 guidance; revenues rose 33.3% year/year to $3.45 billion which is better than expected. Technology Solutions: Revenue was $3.16 billion, up 24.2% YoY. Concentrix: Revenue was $293.5 million, up from $46.7 mln YoY due largely to the recently acquired IBM CRM business. The company issued guidance for the third quarter with EPS of $1.45-1.50, which is below estimate and revenues of $3.3-3.4 billion which is higher than expected.
Source: http://finance.yahoo.com/news/tech-stocks-briefing-com-155520118.html


Obama: Companies Like Medtronic ‘renouncing Their Citizenship’ T – Kmsp-tv

near the junction of Highway 36. A major accident and semi fire shut down Interstate 35W for more than an hour Friday morning near Roseville, Minn. The crash happened just before 6:30 a.m. near the junction of Highway 36. Updated: Thursday, July 24 2014 7:50 PM EDT2014-07-24 23:50:12 GMT It is said that the true test of friendship is how many people come to help out a person in need, and if that’s true, one 4H participant from Cambridge, Minn., just found out he has an entire fairground full.
Source: http://www.myfoxtwincities.com/story/26123176/obama-companies-like-medtronic-renouncing-their-citizenship-to-avoid-taxes

Obama: Offshore ‘Tax Inversions’ Are Unpatriotic – ABC News

Obama is denouncing “tax inversions” in his weekly radio and Internet address. He says companies are essentially renouncing their citizenship to avoid paying their fair share. Obama says the best way to address the problem is through tax reform that lowers the corporate tax rate. But he says the problem can’t wait. He’s urging lawmakers to join the effort to close the loophole. Obama says Americans don’t get to pick which rules they follow and neither should companies.
Source: http://abcnews.go.com/Politics/wireStory/obama-offshore-tax-inversions-unpatriotic-24725161

Obama speaks to Netanyahu, stresses need for ‘immediate’ ceasefire – Yahoo News

Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama speaks to Netanyahu, stresses need for ‘immediate’ ceasefire 32 minutes ago View gallery .
Source: http://news.yahoo.com/obama-speaks-netanyahu-stresses-immediate-ceasefire-201427906.html

Obama tells Central America leaders illegal migrants to be sent home – Yahoo News

Does China see itself developing its Obama student loan forgiveness power within the same rules that President Obama does? LANGFITT: Not that anyone can tell so far. You know, when he talks about a code of conduct, there’s been talk of that for years out here and diplomats in Southeast Asia would say that China’s stalling. And you could understand why. It’s not really in China’s interest.
Source: http://www.npr.org/2014/05/29/316891529/obama-urges-china-to-be-constrained-within-international-rules?ft=1&f=4569077

Obama Urges China To Be Constrained Within International Rules : NPR

Send Thanks! A link has been sent. Done Obama tells Central America leaders illegal migrants to be sent home 12 minutes ago Content preferences Done WASHINGTON (Reuters) – President Barack Obama told Central American leaders on Friday that his administration had compassion for the influx of children crossing the U.S. border but said those without valid claims to stay would be sent home. In a meeting at the White House with the leaders of Guatemala, El Salvador and Honduras, Obama said there may be some instances in which migrants from those countries could apply for refugee status, but those instances would be few.
Source: http://news.yahoo.com/obama-tells-central-america-leaders-illegal-migrants-sent-201713456.html


U.s. Etf Inflows Of $23 Billion At Risk As Vix Rises 34% – Bloomberg

1. Surely that has been the correct strategy, buy the dips, for the past two years, however this time feels different, he said. Goldman Sachs cut its rating on stocks to neutral, the equivalent of hold, for the next three months, according to a July report from its portfolio strategy group. Leuthold Group LLCs Douglas Ramsey said last month that hes expecting an 8 to 10 percent pullback in the equity market over the next couple of months. Buying Opportunity We see this as a possible beginning of a correction, said Espen Furnes, who helps oversee about $85 billion at Storebrand Asset Management in Oslo. Our clients are pretty confident in the earnings recovery, so any major correction will be regarded as a buying opportunity. After mostly missing the first four years of the bull market that started in 2009, individuals are proving as stubborn about pulling out of the market.
Source: http://www.bloomberg.com/news/2014-08-04/u-s-etf-inflows-of-23-billion-at-risk-as-vix-rises-34-.html

Bigger Not Better for This China ETF – Yahoo Finance

[ Ignored Rally for China ETFs ] FXI also has some well-documented flaws that make the ETF overrated in the eyes of some. FXIs flaws make up a double whammy. First, while its the largest China ETF, with $5.3 billion in assets, its also the narrowest. It tracks 25 stocks, and has a disproportionate 55 percent allocation to the financial sector, reports Eric Balchunas for Bloomberg . In fairness, FXI has surged 23.4% since March 20, when it and some rival China ETFs showed signs of bottoming. That is an undeniably impressive performance.
Source: http://finance.yahoo.com/news/bigger-not-better-china-etf-130035163.html

IndexIQ Announces August 2014 M&A Deal Holdings in IQ Merger Arbitrage double etf’s ETF (Ticker: MNA) – Yahoo Finance

Given todays relatively low corporate valuations and the significant amount of cash on corporate balance sheets, industry experts forecast a rapid increase in M&A activity. The IQ Merger Arbitrage ETF seeks to track, before fees and expenses, the performance of the IQ Merger Arbitrage Index. The Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity. The Index also includes short exposure to global equities as a partial equity market hedge. IndexIQ indexes underlie a variety of investment products, including ETFs, mutual funds, and institutional accounts.
Source: http://finance.yahoo.com/news/indexiq-announces-august-2014-m-163700193.html

Midday index, ETF option volumes – Yahoo Finance

Send Thanks! A link has been sent. Done Midday index, ETF option volumes By Chris McKhann (chris.mckhann@optionmonster.com) 3 hours ago 0 shares Content preferences Done Option volume is a bit light at 5.2 million contracts, dominated by the big index and exchange-traded names. The SPDR S&P 500 Fund ( SPY ) has 678,000 options traded, with a put to call ratio of 2-1. Next up is the S&P 500 Index (:SPX) with 440,000, with a put to call ratio of 4-1.
Source: http://finance.yahoo.com/news/midday-index-etf-option-volumes-163014710.html

Japan Stocks’ Early Gain Vanishes; Focus On Earnings | Fox Business

(Symbol: CSCO) is up about 0.1%, Qualcomm, Inc. (Symbol: QCOM) is up about 0.8%, and Wal-Mart Stores, Inc. (Symbol: WMT) is lower by about 0.2%. The chart below shows the one year price performance of IWV, versus its 200 day moving average: Looking at the chart above, IWV’s low point in its 52 week range is $97.53 per share, with $118.98 as the 52 week high point – that compares with a last trade of $114.79.
Source: http://www.nasdaq.com/article/noteworthy-etf-outflows-iwv-csco-qcom-wmt-cm376425

Noteworthy ETF Outflows: IWV, CSCO, QCOM, WMT – NASDAQ.com

Among the earnings-driven movers, e-commerce player Rakuten Inc. rallied 5.3% after promising better results for the current calendar year, even as its January-June net profit printed 10% below that of the year-earlier period. Isuzu Motors Ltd. likewise enjoyed a 4.5% gain despite a 23% drop in quarterly profit due in part to political turmoil in Thailand, while Tokyo Electric Power Co.
Source: http://www.foxbusiness.com/markets/2014/08/04/japan-stocks-early-gain-vanishes-focus-on-earnings/