Tuesday Sector Leaders: Utilities, Financial – Forbes

One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.6% in midday trading, and up 5.87% on a year-to-date basis. JPMorgan Chase, meanwhile, is up 2.06% year-to-date, and SunTrust Banks is up 11.41% year-to-date. Combined, JPM and STI make up approximately 8.1% of the underlying holdings of XLF. Click here to find out 25 Dividend Giants Widely Held By ETFs Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Heres a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday.
Source: http://www.forbes.com/sites/joelkornblau/2014/07/15/tuesday-sector-leaders-utilities-financial/

New Sprott Gold Miners ETF Looks to Capitalize on Strong Global Demand for Gold – Yahoo Finance

The chart below shows the one year price performance of EWJ, versus its 200 day moving average: Looking at the chart above, EWJ’s low point in its 52 week range is $10.79 per share, with $12.25 as the 52 week high point – that compares with a last trade of $12.12. 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. Each week we monitor the week-over-week change in resource 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/noteworthy-etf-inflows-ewj-cm370574

3 Agricultural Commodity ETFs Slumping in July – ETF News And Commentary – NASDAQ.com

All these have pushed the corn futures down to the four-year low level. As a result, CORN – a fund that provides investors direct exposure to the corn commodity plunged about 13.2% this July. CORN slid 2.25% on the day that USDA came out with the latest data. Teucrium Soybean Fund ( SOYB ) Soybeans also feel the same pressure. Favorable weather forecasts would support soybean planting given that ample rain is expected across the key U.S.
Source: http://www.nasdaq.com/article/3-agricultural-commodity-etfs-slumping-in-july-etf-news-and-commentary-cm370581

Noteworthy ETF Inflows: EWJ – NASDAQ.com

As a result, the Fund will be sensitive to changes in, and its performance will depend to a greater extent on, the overall condition of the gold and silver mining industry. Also, gold and silver mining companies are highly dependent on the price of gold and silver bullion. Funds that emphasize investments in small/mid cap companies will generally experience greater price volatility. Funds investing in foreign and emerging markets will also generally experience greater price volatility. There are risks involved with investing in ETFs including the loss of money.
Source: http://finance.yahoo.com/news/sprott-gold-miners-etf-looks-113000018.html

Obama Taps Donor To Be Ambassador To Costa Rica – Abc News

ambassador to Costa Rica. The White House says Fitzgerald Haney is Obama’s pick for the job. Haney is a client services executive at Pzena Investment Bank. The White House says he’s worked in Brazil, Mexico and Puerto Rico, and studied at Georgetown University’s School of Foreign Service. Campaign finance records show Fitzgerald raised large sums for Obama’s presidential campaigns and also contributed to Obama’s transition team and inauguration.
Source: http://abcnews.go.com/Politics/wireStory/obama-taps-donor-ambassador-costa-rica-24476429

Obama To Hold Border Crisis Meeting « CBS Dallas / Fort Worth

Among those calling for Obama to visit the border is Texas Gov. Rick Perry. Obama senior adviser Valerie Jarrett sent Perry a letter inviting him to meet with President Obama on Wednesday. Perry accepted the invitation what is loan forgiveness after he had previously turned down a quick handshake on the tarmac with Obama when the President arrives in Austin on Wednesday. Perry had said that he would be willing to rearrange his schedule for a more substantive meeting to discuss issues at the border. Obama has called the situation at the border a humanitarian crisis. The White House warned that most of those children arriving at the border will not be allowed to stay in the United States.
Source: http://dfw.cbslocal.com/2014/07/08/obama-to-hold-border-crisis-meeting/

Obama asks Congress for $3.7B for border reform – 13 WTHR Indianapolis

The president also wants an OK from Congress to deport more kids without delay. Some Democrats oppose a rush to deport children, though. “We’re not asking that they all get amnesty, but we do need a little humanity here,” said Rep. Lloyd Doggett (D-Texas). “There’s a reason we just don’t throw them back into the river or drive them back into the desert.” The White House blames the backlog on a Bush-era law protecting central American kids. “Y’know, this is the oldest trick in the Obama book: blame George Bush.
Source: http://www.wthr.com/story/25969584/2014/07/08/obama-asks-congress-for-37b-for-border-reform

Obama nominates longtime donor Fitzgerald Haney to be US ambassador to Costa Rica | Star Tribune

ambassador to Costa Rica. The White House says Fitzgerald Haney is Obama’s pick for the job. Haney is a client services executive at Pzena Investment Bank. The White House says he’s worked in Brazil, Mexico and Puerto Rico, and studied at Georgetown University’s School of Foreign Service. Campaign finance records show Fitzgerald raised large sums for Obama’s presidential campaigns and also contributed to Obama’s transition team and inauguration. Obama selected him in 2013 to join the United States Holocaust Memorial Council.
Source: http://www.startribune.com/politics/266302941.html

Hong Kong Stocks Shrug Off Weak Data | Fox Business

Asia stocks edge higher in cautious trade; China PMI in focus – Yahoo Finance

advanced 0.9%, telecom giant China Mobile Ltd. rose 0.6%, and HSBC Holdings PLC added 0.3%. Mainland Chinese banks traded mixed, with both Bank of China Ltd. and Agricultural Bank of China Ltd. up 0.6% in Hong Kong, while China Construction Bank Corp.
Source: http://www.foxbusiness.com/industries/2014/08/31/hong-kong-stocks-shrug-off-weak-data/

New GPIF investment manager drawn to cheap Japan mid-caps – Yahoo Finance

Data compiler Markit said its final purchasing managers’ index for the sector fell to 46.9 in August from 47.8 in July. That was slightly higher than a preliminary reading of 46.5 but left the index well below the 50-point line dividing expansions in activity from contractions. “Sharply falling output led firms to cut back employment, purchasing and stock levels further in August,” said Markit economist Jack Kennedy. “This sort of across-the-board weakness has been a common theme in recent months and there remains very little to suggest any turnaround in fortunes will be imminent.” The weakness in the manufacturing sector adds to pressure on President Francois Hollande as he tries to revive an economy mired in stagnation and fight rampant unemployment.
Source: http://finance.yahoo.com/news/french-manufacturing-shrinks-fastest-rate-080042389.html

French manufacturing shrinks at fastest rate in 15 months in Aug – PMI – Yahoo Finance

Nisshin Steel dropped 5 percent after announcing on Friday that it would offer up to 10.7 billion yen of its own shares. Read More Finance execs split on upcoming stock ‘correction’ China shares gain China’s benchmark Shanghai Composite (Shanghai Stock Exchange: .SSEC) jumped 0.8 percent to a more than one-week high, extending gains after rallying 1 percent in the previous session, while Hong Kong stocks enjoyed modest gains following Friday’s 1.5 percent weekly loss. Defense stocks rallied in Shanghai after President Xi Jinping called for military reform and innovation over the weekend. Beijing Aerospace Changfeng jumped over 7 percent while Sichuan Chengfa Aerospace rallied by the daily trading limit of 10 percent. ASX up 0.1% Australia’s benchmark S&P ASX 200 ( ^AXJO ) rose ahead of the central bank’s policy review on Tuesday and quarterly growth figures on Wednesday.
Source: http://finance.yahoo.com/news/asia-stocks-mixed-china-pmi-001500505.html

U.S. ECONOMY: The latest update on the labor market due out Friday is expected to show relatively firm conditions. Investor confidence has risen following several months of strong growth in hiring and corporate profits and a series of major corporate acquisitions. ENERGY MARKETS: U.S. benchmark crude for October was down 31 cents at $95.65 in electronic trading on the New York Mercantile Exchange.
Source: http://abcnews.go.com/International/wireStory/asia-stocks-rise-sp-high-china-stimulus-hopes-25199644

Asia Stocks Gain on Stimulus Hopes, Europe Lower – ABC News

GPIF had surprised the asset-management industry this year by dropping many Japanese managers while hiring more stocks in news today foreign firms. It now has nine foreign and five Japanese active equity managers. Foreign managers oversaw 1.48 trillion yen, or 58 percent, of GPIF’s 2.56 trillion yen allocation to actively managed domestic equities at the end of March, up from 1.40 trillion yen, or 37 percent of a 3.73 trillion yen allocation a year earlier. SHIFT TO EQUITIES Under pressure from the government of Prime Minister Shinzo Abe to shift money into higher-risk assets and out of low-yielding Japanese government bonds, GPIF plans to boost the weighting of domestic stocks to more than 20 percent from a current 12 percent target, people with knowledge of the allocation review told Reuters last month. That indicates nearly $100 billion of new money into the Tokyo stock market.
Source: http://finance.yahoo.com/news/gpif-investment-manager-drawn-cheap-045950769.html

Global Markets-europe Holds Nerve As Russia-ukraine Warnings Ratchet Up – Yahoo Finance

markets will be closed on Monday for the Labor Day holiday. MSCI’s broadest index of Asia-Pacific shares outside Japan shrugged off early losses and was last up about 0.3 percent, moving back toward last Thursday’s six-and-a-half-year peak. Japan’s Nikkei stock average ended up 0.3 percent, taking back some ground lost in August, when it shed 1.3 percent. The gains came even after an official index of China’s manufacturing sector fell from a 27-month high in August to show slow growth, although it was still the second-highest reading this year.
Source: http://finance.yahoo.com/news/global-markets-europe-holds-nerve-084208115.html

French manufacturing shrinks at fastest rate in 15 months in Aug – PMI – 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

Tech Stocks from Briefing.com – Yahoo Finance

The final HSBC/Markit PMI eased to 50.2 in August, close to the preliminary reading of 50.3 and only a shade above the 50-point mark demarcating an expansion in activity from a contraction. The declines in both PMIs prompted some analysts to re-state their support for more policy action to lift the fading growth momentum in the world’s second-biggest economy. “If we now start to see a serious challenge to growth, the pressure to do more will intensify,” said Louis Kuijs, an economist at RBS. He said the central bank could cut interest rates or reduce the amount of reserves that banks must hold as deposits to re-stoke the economy.
Source: http://news.yahoo.com/chinas-official-pmi-slips-51-1-august-015236775–business.html

Stocks drift higher into long weekend – Yahoo Finance

Data compiler Markit said its final purchasing managers’ index for the sector fell to 46.9 in August from 47.8 in July. That was slightly higher than a preliminary reading of 46.5 but left the index well below the 50-point line dividing expansions in activity from contractions. “Sharply falling output led firms to cut back employment, purchasing and stock levels further in August,” said Markit economist Jack Kennedy. “This sort of across-the-board weakness has been a common theme in recent months and there remains very little to suggest any turnaround in fortunes will be imminent.” The weakness in the manufacturing sector adds to pressure on President Francois Hollande as he tries to revive an economy mired in stagnation and fight rampant unemployment.
Source: http://finance.yahoo.com/news/french-manufacturing-shrinks-fastest-rate-080042389.html

Retreat in China’s PMIs heightens http://www.todayhotstocks.com/ calls for policy easing – Yahoo News

Metallurgic coal, basic metals, and Chinese Internet stocks have lagged. In company-specific news, Splunk rose 6 percent and Avago Technologies is up 5 percent after reporting better-than-expected earnings and revenues. Oil is up about 0.25 percent, and copper is higher by 0.5 percent. Gold and silver are fractionally lower.
Source: http://finance.yahoo.com/news/stocks-drift-higher-long-weekend-131137545.html

Etf Preview: Broad Market Etfs Mixed In Line With Stock Index Futures – 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. visit site 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-etfs-mixed-in-line-with-stock-index-futures-cm382229

Pharma ETF Investing 101 – ETF News And Commentary – NASDAQ.com

(Read: Biotech Earnings Put these ETFs in focus ) Acquisitions & Divestments Acquisitions as well as divestments will continue in the pharma sector with several companies pursuing bolt-on acquisitions, in-licensing deals and collaborations for the development of pipeline candidates. The in-licensing of promising mid-stage candidates by big pharma companies has gone up significantly – this makes sense as it helps the companies cut down on the time and cost involved in developing a product from scratch. A major part of the in-licensing activity is focused on therapeutic areas like oncology, central nervous system disorders, diabetes and immunology/inflammation. The hepatitis C virus (HCV) market is also attracting a lot of attention. (Read: Another recent trend is the divestment/monetization of non-core assets so that the companies may focus on their core areas of expertise.
Source: http://www.nasdaq.com/article/pharma-etf-investing-101-etf-news-and-commentary-cm382999

Friday Sector Leaders: Services, Consumer Products – Forbes

Its also worth noting that DIV has a sibling ETF with a global slant in the Global X Super Dividend ETF ( SDIV ). This fund takes a similar approach to selecting high yielding equity securities in both the U.S. and abroad. This includes exposure to developed and emerging market nations. Despite the relatively small asset base of $163 million, DIV has been a quiet performer with strong fundamentals that deserves to be on your equity income watch list.
Source: http://www.nasdaq.com/article/how-this-unique-dividend-etf-is-quietly-killing-the-competition-cm383112

GLD: ETF Inflow Alert – NASDAQ.com

Among the largest underlying components of IEV, in trading today ArcelorMittal SA (Symbol: MT) is down about 0.7%, InterContinental Hotels Group plc (Symbol: IHG) is trading flat, and National Bank Of Greece S A (Symbol: NBG) is higher by about 1.4%. The chart below shows the one year price performance of IEV, versus its 200 day moving average: Looking at the chart above, IEV’s low point in its 52 week range is $41.07 per share, with $50.72 as the 52 week high point – that compares with a last trade of $46.48. 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-iev-mt-ihg-nbg-cm383013

Notable ETF Outflow Detected – IEV, MT, IHG, NBG – NASDAQ.com

The chart below shows the one year price performance of GLD, versus its 200 day moving average: Looking at the chart above, GLD’s low point in its 52 week range is $114.46 per share, with $137.55 as the 52 week high point – that compares with a last trade of $122.90. 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. 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/gld-etf-inflow-alert-cm383036

Obama Bashed For Days Off, But He Has Fewer Than Predecessors | The Detroit News

Since becoming president, Obama has taken 20 vacations lasting two to 15 days. As of Friday, he has spent all or part of 138 days on vacation. By the same point in his second term, President George W. Bush spent 381 partial or complete days at his ranch in Crawford, Texas, and another 26 at the Bush family compound in Kennebunkport, Maine, according to CBS News reporter Mark Knollers widely respected record keeping on the presidency. Other recent American leaders also spent more time away. But images of Obama playing leisurely rounds of golf as the U.S.
Source: http://www.detroitnews.com/article/20140822/NATION/308220089/1020/rss09

Obama to visit N.C. for American Legion convention | HamptonRoads.com | PilotOnline.com

President Barack Obama is going to North Carolina to address the American Legion convention. A statement released from the White House Press Office on Friday said Obama will address the convention Tuesday. The statement said more details will be made available in the next few days. The American Legion is holding its 96th annual national convention at the Charlotte Convention Center. In addition to the president, North Carolina Sens. Kay Hagan and Richard Burr will also address the group Tuesday.
Source: http://hamptonroads.com/node/726467

Obama again faces tug of military action in Syria following militants’ murder of American | Star Tribune

Mr. Rhodes said the president hasnt been presented with specific military options outside of the current airstrikes in Iraq , but he indicated that going after the Islamic State in Syria is under consideration. We would certainly look at what is necessary in the long term to make sure were protecting Americans, Mr. Rhodes said. We will do whats necessary to protect Americans and see that justice is done for what we saw with the barbaric killing of Jim Foley. Weve shown time and again that http://www.obamastudentloanforgiveness.net if theres a counterterrorism threat, well take direct action against that threat if necessary. Pentagon spokesman Army Col.
Source: http://www.washingtontimes.com/news/2014/aug/22/obama-considering-airstrikes-syria-islamic-state/?utm_source=RSS_Feed&utm_medium=RSS

Obama considering airstrikes in Syria against Islamic State – Washington Times

A “proposed rule” by the Department of Health and Human Services lets female employees of for-profit businesses obtain birth control directly from their insurer, at no extra cost, if their boss opts out of covering the service in the company’s insurance plan for religious reasons. The move extends an accommodation that already exists for non-profit organizations, which are allowed to refuse to cover for birth control. In short, the religious owners can pass the cost on to the insurer so that they’re no longer complicit in what they view as sin . What do you bet a religionist Republican is lying in wait to prevent this means of allowing women to control their health care?
Source: http://www.arktimes.com/ArkansasBlog/archives/2014/08/22/obama-administration-offers-hobby-lobby-workaround-for-contraceptive-coverage

Obama administration offers Hobby Lobby workaround for contraceptive coverage | Arkansas Blog | Arkansas news, politics, opinion, restaurants, music, movies and art

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. Multiple violations may result in account suspension.
Source: http://www.wsaw.com/home/headlines/Obama-Offers-new-Accommodations-on-Birth-Control-272343811.html

Obama Offers new Accommodations on Birth Control

military back into Iraq this month with a limited airstrike campaign against Islamic State targets. Obama has said he will not send U.S. combat troops to another ground war in the Mideast. But expanding the airstrikes in Iraq and broadening them to include Syria could mean a lengthy American military commitment in the region that could consume much of Obama’s remaining time in office. “What we should have learned over the past dozen years in that part of the world is that the use of military power is very unpredictable,” said Stephen Walt, a professor of international affairs at Harvard’s John F.
Source: http://www.startribune.com/politics/272409101.html

Obama’s Vacations In Line With Us Average – Yahoo News

. CHILMARK, Mass. (AP) President Barack Obama is criticized whenever he goes on vacation but travel industry data show he’s taken about as much vacation this year as most Americans do. Still, his decision to continue with a two-week holiday in Martha’s Vineyard, Massachusetts, and play hours of golf amid major foreign policy crises, has teed up his critics anew. It’s also forcing the White House to confront the issue of whether there’s ever a good time for a president to go on vacation.
Source: http://news.yahoo.com/obamas-vacations-line-us-average-153745387.html

Obama Urges Renewal of US Export-Import Bank – ABC News

Aug 23, 2014, 6:02 AM ET By DARLENE SUPERVILLE Associated Press President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October.
Source: http://abcnews.go.com/Politics/wireStory/obama-urges-renewal-us-export-import-bank-25095491

Obama bashed for days off, but he has fewer than predecessors | The Detroit News

Susan Walsh/AP View federal student loan forgiveness Caption Washington If the US public were to judge with one word President Obama s response to the fatal shooting of an unarmed black teen in Ferguson, Mo., and subsequent turmoil, it might be this: meh. That appears to be the bottom line from a new CBS News/New York Times poll on the subject. Voters responded to Mr. Obamas handling of the situation with a collective shrug of the shoulders, according to survey results. A plurality of 41 percent said they were satisfied with his response. Thirty-four percent said they were dissatisfied, while 25 percent said they had no opinion.
Source: http://www.csmonitor.com/USA/DC-Decoder/Decoder-Buzz/2014/0821/Obama-s-Ferguson-rhetoric-How-are-blacks-whites-reacting-video

Obama’s Ferguson rhetoric: How are blacks, whites reacting? (+video) – CSMonitor.com

In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October. Some Republican lawmakers who supported the bank in past years now want to put it out of business.
Source: http://www.nbc40.net/story/26352387/obama-urges-renewal-of-us-export-import-bank

Obama officials talk of ‘defeating’ Islamic State, but what steps will US take? (+video) – CSMonitor.com

By contrast, there are no photos of him playing basketball or during his regular gym workout. With the U.S. engaged militarily in Iraq, and struggling to secure a cease-fire between Israel and Hamas militants in Gaza and ease tensions between Russia and Ukraine, the White House released photos of Obama early in the vacation being briefed by top aides, including national security adviser Susan Rice and Attorney General Eric Holder. Other images captured him on the telephone with world leaders. Obamas aides counter criticism of his vacations by saying he travels with what essentially is a mini-White House.
Source: http://www.detroitnews.com/article/20140822/NATION/308220089/1020/rss09

Obama urges renewal of US Export-Import Bank – NBC40.net

Absolutely in the long term we want to see an organization like ISIL defeated, Mr. Rhodes said, after defining Obamas strategy for confronting IS in Iraq with three terms: evict, squeeze, and push out. The more near-term objective is to evict IS fighters from the territory they have grabbed in recent weeks as they have advanced toward Iraqi Kurdistan, he said, then to squeeze them back into a contained area. Ultimately the aim will be to push them out of that space, he added, with the US backing the Iraqi and peshmerga forces on the ground. This is going to have to be a team effort, he said.
Source: http://www.csmonitor.com/USA/Foreign-Policy/2014/0822/Obama-officials-talk-of-defeating-Islamic-State-but-what-steps-will-US-take-video