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junioraftz
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S&p 500 Closes Above 1,900 For First Time - Us News

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U.S. stocks rise; S&P 500 hits 1,900 - Market Snapshot - MarketWatch

Stocks are now in the second-longest bull market since 1946, according to data from S&P Capital IQ. The index has also gone 2 years without a correction. Typically those declines occur once every 18 months. Another sign that investors have been more nervous this year than last is that while the S&P 500 has ground higher, the riskier parts of the stock market, such as small-company stocks, social media and biotechnology stocks have had sharp sell-offs.
Source: http://www.usnews.com/news/bus iness/articles/2014/05/23/stoc ks-edge-higher-ahead-of-memori al-day-holiday

The Associated Press The market is grinding higher because things are coming in better than expected, said Karyn Cavanaugh, senior market strategist at Voya Investment Management. The housing data today, new home sales, were better than expected. Yesterday, existing home sales, better than expected. UPWARD TREND: Major indexes rose Thursday and have finished higher in four of the last five trading days. The S&P 500 index, the most widely used benchmark for stock funds, has climbed 1.1 percent this week.
Source: http://www.washingtonpost.com/ national/stocks-edge-higher-ah ead-of-memorial-day-holiday/20 14/05/23/a667b3d8-e2b1-11e3-94 42-54189bf1a809_story.html

Premarkets: 5 things to know before the open - May. 23, 2014

S&P futures 2014 05 23 The blue-chip index turned positive for the year. Click to Play Europes week ahead: Housing booms Is there a housing bubble in the U.K.? Data on mortgage approvals and a report from the government next week on the effects of its house-buying support program should offer some clues. Meanwhile in the U.S., worries about a slowdown in the housing market are growing.
Source: http://www.marketwatch.com/sto ry/us-stocks-edge-higher-sp-ne ars-record-level-2014-05-23

Stocks manage modest gains on foreign buying - Newspaper - DAWN.COM

Data and earnings The U.S. government will report new home sales from April at 10 a.m. ET. Foot Locker ( FL , Fortune 500 ) will report quarterly earnings before the open.
Source: http://money.cnn.com/2014/05/2 3/investing/premarkets/index.h tml

Stocks edge higher ahead of Memorial Day holiday - The Washington Post

PENZANCE, ENGLAND - MAY 26: Terry English dressed as a pirate walks in the crowd as people gather to attempt to reclaim the Guiness World Record for the most pirates in one place, on the promenade in Penzance, on May 26, 2014 in Cornwall, England. Organisers of Pirates on the Prom Day 2014 were optimistic that more than 20,000 pirates would meet on the Penzance seafront to reclaim the world record they set three years ago, however the total was 14,155 pirates, 77 shy of the current world record now held by Hastings. (Photo by Matt Cardy/Getty Images) The investors continued to be gripped by fear of the possibility of new taxes in the upcoming budget and mainly the fate of the Capital Gains Tax (CGT). The activity remained dull also due to the coming week being the rollover week with open positions at Rs5.03bn (as of May 22, 2014) in the futures counter. The trading remained centred Best sport stock to buy on the third tier stocks with Pak International Bulk Terminal (right) displacing both K-Electric and Lafarge to climb as the top volume leader with 18m shares traded. Samar Iqbal, an investment analyst, pointed out that overall market volume dropped 10pc to 130m shares (value declined by 19pc to Rs4.8bn). Profit-taking was seen in NML and NCL on Friday following poor export numbers for textiles.
Source: http://www.dawn.com/news/11081 87/stocks-manage-modest-gains- on-foreign-buying

Etf Deathwatch For May 2014: Membership Count Trickles Further Below 300 | Financialcontent Business Page

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In April, WisdomTree introduced five currency-hedged ETFs aimed at certain sectors of Japans stock market. It will be interesting to see whether the category is out of favor, or if it is just the U.K. and Asia ex Japan that are being ignored by investors. The average age of products on ETF Deathwatch increased from 42.5 to 43.4 months. The current reigning champion of age fits with this months international theme, BLDRS Europe 100 ADR (ADRU) at nearly 12 years.
Source: http://markets.financialconten t.com/stocks/news/read/2726681 6/ETF_Deathwatch_For_May_2014

The iShares S&P Europe 350 Index (ETF) In Focus (NYSEARCA:IEV) | ETF DAILY NEWS - Part 2

All these sectors tradingETF combined account for more than half of the fund assets. As far as geographic reach goes, the fund allocates more towards stronger economies like the U.K. (26.93%), France (15.31%), Switzerland (14.26%) and Germany (13.13%) (read: Time to Bet on the British ETF? ).
Source: http://etfdailynews.com/2014/0 5/23/the-ishares-sp-europe-350 -index-etf-in-focus-iev/2/

ETF - ETF Details

Expense Amount is the estimated annual expense for holdings of 10 shares of a given ETF. This is computed by Expense Ratio and the net asset value of 10 shares. The fee will be directly deducted from the ETFs asset. For example, if the NAV of a given ETF is 100 and its expense ratio per year is 1%, the incurred expense for a position of 10 shares would be $10 yearly (NAV per share*10 shares*Expense Ratio= 100*10*1%). 1.39%/$2.50p.a.
Source: http://www.aastocks.com/en/sto cks/etf/details.aspx?etf-code= 2846

Wheat ETF: Leader or Laggard? - Yahoo Finance

Zen and the Art of Portfolio Maintenance Part of the stated purpose of the retirement portfolio was to minimize the need to watch over it. The idea was to set up a group of ETFs that would provide a reliable, regular source of dividend income, while at the same time showing some appreciable growth in share value. Ideally, this would involve a portfolio that would Provide 5% - 8% dividends (minimally); Outperform the S&P 500 consistently; Never need to be touched again. You can stop laughing now. The only one of our goals that might be achievable is A), and that requires a lot of searching. B) can never be a guarantee - a lot of very attractive ETFs, not to mention most individual stocks, failed to match the ~ 32% performance of the S&P for 2013.
Source: http://seekingalpha.com/articl e/2231523-adjusting-the-etf-re tirement-portfolio

ETF Preview: ETFs, Futures Flat to Higher; April New Home Sales Still Ahead - NASDAQ.com

The ETF uses three futures contracts for wheat, all of which are traded on the CBOT Futures Exchange. The three contracts include the second-to-expire contract, weighted 35%; the third-to-expire contract, weighted 30%; and the contract expiring in the December following the expiration month of the third-to-expire contract, weighted 35%. The fund has amassed $12.3 million in its asset base and trades in small volume of about 34,000 shares a day. The product is the high cost choice in the agricultural space as it charges a fee of 2.23% per year. The ETF has added about 7% in the year-to-date time frame but lost more than 9% over the last 10 trading sessions.
Source: http://finance.yahoo.com/news/ wheat-etf-leader-laggard-21285 5803.html

Adjusting The ETF Retirement Portfolio - PowerShares CEF Income Composite Portfolio ETF (NYSEARCA:PCEF) | Seeking Alpha

The opinion comes after PTC requested a re-examination of the CHMP"s negative opinion received in Janaury. It said the positive opinion is based on data and analysis submitted from a 48-week, 174-patient Phase 2b double-blind, placebo controlled trial which demonstrated that patients treated with Translarna walked on average 31.3 meters farther than patients on placebo, as measured by the change in six-minute walk distance (6MWD) from baseline to Week 48. Patients receiving Translarna also demonstrated a slower rate of decline in ambulation, based on an analysis of time to 10% worsening in 6MWD. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. Copyright (C) 2014 MTNewswires.com.
Source: http://www.nasdaq.com/article/ etf-preview-etfs-futures-flat- to-higher-april-new-home-sales -still-ahead-cm355848

Obama, Republicans Battle Over Bill On Pay Equity For Women | Reuters

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Credit: Reuters/Kevin Lamarque Obama: "It is not a myth, it is math" Tue, Apr 8 2014 WASHINGTON (Reuters) - The White House and congressional Republicans blasted each other on Tuesday over equal pay in a battle for women"s votes as Democrats try to hold the U.S. Senate in the November midterm elections. President Barack Obama signed an executive order prohibiting federal contractors from retaliating against employees for disclosing pay levels to co-workers and attacked Republicans for opposing broader legislation that would make the practice illegal for companies nationwide. Republicans said pay discrimination was already illegal and predicted the Democrat-supported Paycheck Fairness Act would prompt frivolous lawsuits and discourage companies from hiring. The Democratic-led Senate is set to hold a procedural vote on the measure on Wednesday but even if the legislation clears that chamber, the Republican-dominated House of Representatives appears likely to oppose it. The dispute underscored the importance that both parties place on women voters in an election year where Democrats fear losing control of the Senate and Republicans are seeking to defend their dominance in the House of Representatives.
Source: http://uk.reuters.com/article/ 2014/04/08/us-usa-obama-equalp ay-idUKBREA3724820140408

Obama issues orders seeking equal pay for women - latimes.com

For every Indian expressing an unfavorable view of the U.S., four Indians are favorable. By another four-to-one margin, Indians say the U.S. is the world"s leading economic power, not China. By a margin of 21 percentage points, Indians are more favorable to the United States than China. The data should not be surprising. India and the United States have more in common than they have differences.
Source: http://www.cnn.com/2014/04/06/ opinion/agrawal-india-vote-u-s -relations/index.html

Obama Deports Thousands Senate Would Let Stay in U.S. - Bloomberg

Spencer Green) President Barack Obama fist-bumps custodian Lawrence Lipscomb in the Eisenhower Executive Office Building following the opening session of the White House Forum on Jobs and Economic Growth, Dec. 3, 2009. (Official White House Photo by Pete Souza) President Barack Obama does a fist bump with Ethan Gibbs, the son of Press Secretary Robert Gibbs, after arriving by Marine One on the South Lawn of the White House, Washington, DC, April 19, 2009. President Barack Obama returned from the Fifth Summit of the Americas held in Trinidad and Tobago. AFP PHOTO/Aude GUERRUCCI (Photo credit should read Aude GUERRUCCI/AFP/Getty Images) SPRINGHILL, WV- MAY 12: Democratic presidential hopeful Sen.
Source: http://www.huffingtonpost.com/ 2014/04/07/obama-federal-contr actors_n_5103971.html

Opinion: Why India feels jilted by Obama - CNN.com

"Pay secrecy fosters discrimination and we shouldn"t tolerate it," he said. The measures will only apply to companies with federal contracts, but Obama has urged Congress to extend protections to all American workers. Related: 6 jobs with most equal pay One action prohibits federal contractors from firing, demoting or otherwise retaliating against employees who discuss their compensation. It is important that women and all employees feel they can seek information about pay from colleagues without the threat of being fired, White House Senior Adviser Valerie Jarrett said Monday on a conference call with reporters. The second action, a presidential memorandum, instructs the secretary of labor to collect data on compensation from federal contractors, including a breakdown by sex and race.
Source: http://money.cnn.com/2014/04/0 7/news/economy/obama-equal-pay /index.html

Obama Sidesteps Congress, Uses Federal Contractors To Test Work Policies

"If Republicans in Congress want to prove me wrong, if they want to show that they in fact do care about women being paid the same as men, then show me. They can start tomorrow. They can join us in this, the 21st century." Republicans noted that federal law already barred workplace gender discrimination and argued forgiveness of student loans that additional rules would limit women"s choices and burden employers. They turned to female lawmakers Tuesday to make the case. "Let"s focus on those policies that are actually going to move forward on a jobs plan that will create a higher paycheck, more opportunities and that opportunity for a better life, which we all want," said Rep. Cathy McMorris Rodgers (R-Wash.) "Two out of three small businesses right now are being started by women.
Source: http://www.latimes.com/nation/ la-na-obama-equal-pay-20140409 ,0,5054235.story

Obama strengthens equal pay protections - Apr. 7, 2014

Record Deportations The president has emphasized record deportations to show hes tough on immigration enforcement. Some fellow Democrats have pushed back, saying Obama should halt deportations of those who have committed minor infractions or immigration-related offenses, such as being caught multiple times crossing the border. House Republicans , who havent acted on broad immigration-law revisions, say executive action curbing deportations would jeopardize legislation sought by such companies as Microsoft Corp. (MSFT) and Caterpillar Inc., which would include an expansion of worker visas. The current quota on visas for highly skilled workers was reached in one week, U.S. Citizenship and Immigration Services announced yesterday.
Source: http://www.bloomberg.com/news/ 2014-04-07/obama-deports-thous ands-who-senate-would-let-stay -in-u-s-.html

Us Stocks-dow, S&p 500 End At Record Highs Again; Nasdaq Slips | Reuters

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Biggest Movers in Transportation Stocks Now - CEA ZNH NMM GLNG | InvestorPlace

Portfolio Grader "We"ve eked out a gain in the broad averages but continue to see weakness in the Nasdaq and small caps so that divergence has got some investors concerned. What you see is a smaller group of stocks participating in the rally." Homebuilders" shares gained and the common stock of mortgage finance giants Fannie Mae and Freddie Mac jumped as Federal Housing Finance Agency Director Mel Watt laid out new policies that could make it easier for many Americans to obtain mortgages. Fannie Mae jumped 7.8 percent to $4.57 while Freddie Mac advanced 6.9 percent to $4.49. Cisco Systems Inc, set to report results on Wednesday, was the biggest drag on the Nasdaq. The stock slid 1.4 percent to end at $22.86.
Source: http://www.reuters.com/article /2014/05/13/markets-usa-stocks -idUSL1N0NZ1ZF20140513

The Nasdaq composite lost 0.3% to 4,130.17. In economic news, wholesale inflation picked up a bit in April as producer prices rose 0.6% . Economists had been expecting a rise of 0.2%. Overall inflation remains low as producer prices have risen 2.1% over the past 12 months. Macy"s shares rose after the retailer reported earnings that beat Wall Street estimates.
Source: http://www.usatoday.com/story/ money/markets/2014/05/14/stock s-wednesday/9074851/

U.K. stocks slip ahead of monthly inflation report

Ahead of the central bank"s Inflation Report for May, the Office for hotest stock right now National Statistics said U.K. unemployment dropped to a five-year low of 6.8% in the three months to March. Meanwhile, average wages rose by 1.7% in the first quarter year-on-year, which was slightly weaker than expected. The pound (GBPUSD) trimmed gains after the report, buying $1.6832, compared with $1.6829 late Tuesday.
Source: http://www.morningstar.com/adv isor/t/91952658/u-k-stocks-sli p-ahead-of-monthly-inflation-r eport.htm

Stocks open slightly lower

AP Wall Street Navios Maritime Partners LP ( NMM ): NMM stock is up 0.5% today. Golar Lng Limited ( GLNG ): GLNG stock is up 0.4% today. Teekay Shipping Corp ( TK ): TK stock is up 0.3%, marking the third consecutive day the stock has increased. Costamare Inc ( CMRE ): CMRE stock is up 0.4% today.
Source: http://investorplace.com/2014/ 05/biggest-movers-in-transport ation-stocks-now-cea-znh-nmm-g lng-cea-znh-nmm/