Etf Preview: Etfs, Futures Slip Lower Ahead Of Yellen, Draghi Speeches At Jackson Hole – 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 learn more 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

Retail ETFs Surging on Improved Q2 Earnings – ETF News And Commentary – NASDAQ.com

SPDR S&P International Technology Sector ETF (IPK) was also flat. Among semiconductor ETFs, SPDR S&P Semiconductor (XSD) and Semiconductor Sector Index Fund (SOXX) were unchanged after posting gains in the previous session. Qunar Cayman Islands (QUNR) was up 5% after the Chinese travel-booking website reported late Thursday its revenue more than doubled in the second quarter. Revenue increased to RMB 400.4 million ($64.5 million) in the April-to-June period, from RMB 176.1 million a year earlier. That beat the $56 million average estimate of 8 analysts polled by Capital IQ.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-slip-lower-ahead-of-yellen-draghi-speeches-at-jackson-hole-cm382892

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

Some are doing aggressive online advertising and community outreach. Others tout their upscale amenities like plush towels and marble baths. A bathhouse in Ohio has even added hotel rooms and a nightclub. Owners say greater acceptance of gays in society has helped lessen the need for bathhouses. Gone are the days when bathhouses drew crowds just by offering a discreet place for gays to meet, share saunas and, often, have sex.
Source: http://www.foxbusiness.com/markets/2014/08/23/as-gay-acceptance-rises-and-hooking-up-goes-online-us-bathhouses-adapt-to-stay/

As gay acceptance rises and hooking up goes online, US bathhouses adapt to stay in business | Fox Business

Winners and Losers Financial Select Financial Sector SPDRs (XLF) was down 0.09%; Direxion Daily Financial Bull 3X shares (FAS) was flat while its bearish counterpart, Direxion Daily Financial Bear 3X shares (FAZ), was up 0.18%. Leju Holdings (LEJU) was down 8.97% after it reported Q2 EPS that missed analyst estimates and revenues that topped expectations, fueled in large part by an increase in revenues from the e-commerce services segment. The company reported Q2 earnings per ADS of $0.15, up from $0.10 in Q2 2013 but missing analyst estimates of $0.16. Total revenues of $117.36 million were up from $71.85 million in Q2 2013 and beat analyst projections of $113.78 million. Revenues from e-commerce services increased by 159% year-over-year to $68.3 million for the quarter, while revenues from online advertising services increased by 11% and revenues from listing services decreased by 15%. The company is maintaining its previous fiscal year 2014 total revenue guidance of approximately $500 million to $520 million, which would represent an increase of approximately 49% to 55% from $335.4 million in 2013.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-flat-to-lower-ahead-of-fomc-meeting-minutes-cm382016

ETF Preview: ETFs, Futures Flat to Lower Ahead of FOMC Meeting Minutes – NASDAQ.com

The tribe that owns the country’s largest resort casino is showing new signs of strain under the weight of its billion-dollar debt, saying it has had to review its options with senior lenders as a slump batters the Foxwoods Resort Casino. The Mashantucket Pequot (mash-ehn-TUHK’-eht PEE’-kwaht) Tribal Nation has reportedly been selling off land near its reservation in southeastern Connecticut. And in a report this week, credit rating agency Standard & Poor’s lowered its rating for the tribe and said the chances of a debt default appear to be growing. The tribe has entered discussions with senior lenders over what it calls “failure to comply with certain financial covenants.” The tribe says the underlying business remains strong at Foxwoods and the recent struggles don’t affect the casino’s projected liquidity.
Source: http://www.foxbusiness.com/markets/2014/08/23/as-gaming-slump-continues-at-foxwoods-tribal-owners-show-new-signs-strain-under/

As gaming slump continues at Foxwoods, tribal owners show new signs of strain under debt | Fox Business

Total earnings from 91.3% of the sector’s total market capitalization reported so far are up only 2% on 5.6% revenue growth. This is, however, better than no earnings growth and 3.6% revenue growth in Q1. Earnings surprises were predominantly zero for retailers, with only 44.1% of the companies beating earnings estimates, the second lowest in the S&P 500, and 52.9% beating revenues. Though earnings beat ratio is below the four-quarter average of 54.4%, this is higher than 38.2% in Q1 (read: Can Carl Icahn Revitalize Retail ETFs? ).
Source: http://www.nasdaq.com/article/retail-etfs-surging-on-improved-q2-earnings-etf-news-and-commentary-cm383135


Obama Unlikely To Deepen Iraq Military Involvement, Say U.s. Officials – Yahoo News

air strikes in Iraq and an increasing number thought the United States has a responsibility to act there. U.S. soldiers attempted to rescue Foley and other Americans held in Syria earlier this summer, but were unsuccessful, U.S. officials said on Wednesday. “The effort to roll (Islamic State) back into (Syria) is a commitment the administration has been unwilling to make,” said Faysal Itani, a Middle East expert at the Atlantic Council, a Washington think tank.
Source: http://news.yahoo.com/obama-unlikely-deepen-iraq-military-involvement-u-officials-001525807.html

Obama weighs move on immigration – The Denver Post

He did say, however, that the U.S. would continue to remain “vigilant” and “relentless” in the face of threats by the group. “The United State of America will continue to do what we must do to protect our people. We will be vigilant and we will be relentless,” Obama said. During a news conference from the White House on Monday, Obama hailed the U.S.’ role in helping Iraqi and Kurdish forces retake the key strategic point of the Mosul Dam in northern Iraq. He said retaking the dam, which supplies electricity and water to much of Iraq, represented a “major step forward” in a battle against the militants.
Source: http://finance.yahoo.com/news/obama-deliver-statement-isis-beheading-155058746.html

Obama Weighs Broader Move on Legal Immigration – ABC News

“The president has not made a decision regarding next steps, but he believes it’s important to understand and consider the full range of perspectives on potential solutions,” said White House spokesman Shawn Turner. One of the more popular requests among business and family groups is a change in the way green cards are counted that would essentially free up roughly 800,000 additional visas the first year, advocates say. The result would be threefold: It would lessen the visa bottleneck for businesses seeking global talent; shorten the green-card line for those being sponsored by relatives, a wait that can stretch nearly 25 years; and potentially reduce the incentive for illegal immigration by creating more legal avenues for those wanting to come, as well as those already here. Obama’s aides have held more than 20 meetings in recent months with business groups and other interest groups homepage to discuss possibilities, ahead of an announcement about next steps the president is expected to make in September. Coordinating these “listening sessions,” as the White House calls them, is its Office of Public Engagement. Obama’s options without new laws from Congress are limited and would only partially address obstacles business groups say are preventing them from hiring more workers.
Source: http://www.denverpost.com/politics/ci_26375904/obama-weighs-move-immigration?source=rss


Coordinating these “listening sessions,” as the White House calls them, is its Office of Public Engagement, led by top Obama adviser Valerie Jarrett. Obama’s options without new laws from Congress are limited and would only partially address obstacles business groups say are preventing them from hiring more workers. Even so, administration officials say these groups are urging the White House to help streamline a complex and unpredictable system. Republicans are working to use immigration and the surge of unaccompanied minors at the border against Democrats in the midterm elections by arguing that Obama and his party are undermining the rule of law. “Politically we think it flips the switch because it’s not just talking about a benefit to those who broke the law,” said former Rep. Bruce Morrison, D-Conn., who authored the 1990 immigration law and is now lobbying on behalf of groups representing tech industry professionals, business management and U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-weighs-broader-move-legal-immigration-25058996


Stocks Down On Fresh Reports Of Russia, Ukraine Conflict

Stock Market Today: Stocks Break Through Resistance Levels; Correction Fears on Back Burner – Yahoo Finance

“Unfortunately [the geopolitical conflict] is right back to page one, and that’s not what we need,” said Art Hogan, chief market strategist at Wunderlich Securities. When this happens, “we tend to largely ignore things which are fundamental.” Read More Ukrainian forces engage Russian troops on Ukrainian soil Earlier, U.S. stocks rose amid mixed economic reports on Friday morning, boosted by advances in Coke and Monster . “I think [the data] was basically a non-eventwhat the markets want to hear,” said Marc Chaikin, CEO of Chaikin Analytics. “I think the news is out for the day.” Monster Beverages rose about 30 percent on Friday morning, boosted by Thursday’s news of Coca-Cola taking a 16.7 percent stake in the firm.
Source: http://www.todayhotstocks.com http://www.cnbc.com/id/101922670?__source=yahoonews&par=yahoonews

Canada Stocks Fall as Gold Slump Outweighs Restated Jobs Data – Bloomberg

The Standard & Poors/TSX Composite Index (SPTSX) fell 48.20 points, or 0.3 percent, to 15,242.98 at 10:17 a.m. in Toronto. The benchmark equity gauge has climbed 12 percent this year, the second-best performer among the worlds developed markets behind Denmark . OceanaGold lost 2.4 percent to C$2.85 and B2Gold slipped 2.6 percent to C$2.85 as raw-materials stocks dropped 1 percent as a group, the most in the S&P/TSX.
Source: http://www.bloomberg.com/news/2014-08-15/canada-stocks-fall-as-gold-slump-outweighs-restated-jobs-data.html

Stocks Overcome a Midday Tumble on Ukraine – ABC News

But this wolf still appears to be nowhere in sight. U.S. stocks were looking at a fifth day of gains out of six on Friday, as the U.S. economy appears to be on track for a solid, sustained recovery.
Source: http://finance.yahoo.com/news/stock-market-today-stocks-break-134000831.html

“Impala’s trading update wasn’t very pretty and that was obviously as a result of the strike. The market is pricing in a lot of bad news,” said Woods. Higher global equity markets and easing political tensions in Ukraine led the spot gold price lower, as AngloGold Ashanti fell 2 percent and Harmony Gold shed 3.9 percent to 32.55 rand. Trade was average, with more than 164 million shares changing hands, according to preliminary bourse data.
Source: http://news.yahoo.com/south-african-stocks-inch-higher-tracking-global-markets-160706118.html

South African stocks inch higher tracking global markets – Yahoo News

The Standard & Poor’s 500 index ended pretty much where it started the day on Friday, at 1,955 points, down a fraction of a point. The Dow Jones industrial average lost 50 points, or 0.3 percent, to 16,662. It was down 138 earlier. The Nasdaq composite rose 11 points, or 0.3 percent, to 4,463.
Source: http://abcnews.go.com/Business/wireStory/stocks-overcome-midday-tumble-ukraine-25001116


Egshares Beyond Brics Etf Tops $250m In Aum – Yahoo Finance

Send Thanks! A link has been sent. While $250 may not sound like a mammoth number in the context of other emerging markets ETFS, several of which have billions or tens of billions in assets, BBRCs ascent should be put into proper context. BBRCs performance has also been strong, up 11.26% year-to-date as of August 5, 2014, compared to 7.74% for the MSCI Emerging Markets Index, said the issuer. Excluding the BRIC nations means BBRC has missed out on epic rallies in Brazilian, Indian and, more recently, Chinese shares.
Source: http://finance.yahoo.com/news/egshares-beyond-brics-etf-tops-172046400.html

Notable ETF Inflow Detected – IWD, XOM, CVX, BAC – NASDAQ.com

(Symbol: XOM) is up about 0.2%, Chevron Corporation (Symbol: CVX) is up about 0.5%, and Bank of America Corp. (Symbol: BAC) is lower by about 0.8%. The chart below shows the one year price performance of IWD, versus its 200 day moving average: Looking at the chart above, IWD’s low point http://www.etftradingsignals.com/ in its 52 week range is $84.17 per share, with $102.25 as the 52 week high point – that compares with a last trade of $97.95. 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-inflow-detected-iwd-xom-cvx-bac-cm378244

Invest Like Warren Buffett with These ETFs – ETF News And Commentary – NASDAQ.com

In terms of country exposure, the U.S. takes more than one-third of the portfolio, closely followed by China (33.2%) and Taiwan (14.5%). The product has an expense ratio of 0.66% and sees paltry volume of about 7,000 shares a day. The ETF added 1.9% over the past five trading days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Source: http://www.nasdaq.com/article/gains-still-ahead-for-solar-etfs-despite-mixed-q2-earnings-etf-news-and-commentary-cm378272

Gains Still Ahead for Solar ETFs despite Mixed Q2 Earnings – ETF News And Commentary – NASDAQ.com

Among the largest underlying components of XLE, in trading today Schlumberger Ltd. (Symbol: SLB) is up about 0.4%, Pioneer Natural Resources Co (Symbol: PXD) is up about 0.5%, and Valero Energy Corp. (Symbol: VLO) is lower by about 0.1%. The chart below shows the one year price performance of XLE, versus its 200 day moving average: Looking at the chart above, XLE’s low point in its 52 week range is $79.83 per share, with $101.52 as the 52 week high point – that compares with a last trade of $95.30.
Source: http://www.nasdaq.com/article/xle-slb-pxd-vlo-large-outflows-detected-at-etf-cm378265

XLE, SLB, PXD, VLO: Large Outflows Detected at ETF – NASDAQ.com

The product holds 126 securities in its portfolio with Apple, Microsoft and J&J being the top three holdings. Launched in July last year, the fund has already attracted an impressive $430 million in assets so far. The fund has outperformed the broader market since its inception. Further, the MSCI Quality index has outperformed the MSCI USA index with a 12.2% annualized return versus 11.3% for the latter. Direxion iBillionaire Index ETF ( IBLN ) This new ETF seeks to replicate the investing ideas of billionaire investors. The index is comprised of 30 U.S.
Source: http://www.nasdaq.com/article/invest-like-warren-buffett-with-these-etfs-etf-news-and-commentary-cm378313


Barack Obama: The New Trickle-down President?

“The Fed has flooded the economy with liquidity and…easy credit that has gotten the economy back on its feet more than any kind of fiscal policy.” Read More Fed ‘behind the curve’right where it wants to be In fact, fiscal policy has been one hampered by gridlock, punctuated mostly with continuing resolutions that allow government spending to continue as the warring congressional factions spar over whom to tax and what to spend. Obama has battled with Republicans frequently, painting them as advocates of the rich and enemies of the poor. He flatly proclaimed in an economic speech delivered in December 2011 that trickle-down economics “doesn’t work. It has never worked.” Yet he’s made the circuit recently bragging to CNBC and others about an economy on track to grow just 2 percent this year, while the stock market rallies and corporate profits are at a record high. On the other hand, he told The Economist in an interview that company CEOs should stop griping about the administration being anti-business.
Source: http://www.cnbc.com/id/101892595

Barack Obama Welcomes 51 Africa Leaders Amid Grumbling Over His Policy – TIME

4, 2014 Obama administration shifting funding to respond to border crisis By Jeremy Redmon The Atlanta Journal-Constitution The Obama administration is shifting $405 million from other federal programs to respond to the thousands of Central American children who are illegally crossing the U.S.-Mexico border without their parents. The U.S. Homeland Security Department notified Congress of the changes Friday, when federal lawmakers left town for recess without acting on President Barack Obamas emergency request for $3.7 billion. Obama had warned federal immigration agencies would run out of money, if Congress didnt act on his spending plan. Thousands of Central American children have been illegally crossing the southwest border, fleeing gang violence and poverty in El united states Salvador, Honduras and Guatemala and seeking to reunite with relatives in the U.S.
Source: http://www.ajc.com/news/news/state-regional-govt-politics/obama-administration-shifting-funding-to-respond-t/ngtjX/

Obama signs funding package for Israel’s Iron Dome – Yahoo News

The IMF has not received a formal request from Ghana for assistance, but said it is ready to work with the government on a support program. Related: Portugal spends $6.6 billion to save struggling bank So why the dramatic reversal? Shilan Shah, African economist at Capital Economics, said Ghana has been spending too freely on public sector wages and subsidies, leading to a widening budget deficit. “Compounding the problems are recent allegations that the Bank of Ghana is attempting to finance the deficit by printing money, which has pushed up inflation to over 15% year-on-year,” Shah wrote in a research note. Ghana’s imports are also racing ahead of exports, draining the country’s foreign currency reserves and piling pressure on the cedi.
Source: http://money.cnn.com/2014/08/04/investing/ghana-africa-economy/index.html

Obama’s favored African nation hits the skids – Aug. 4, 2014

Obama emphasizes how Americas innovation has helped Africa skip several steps of development. He points to the broad use of smart phones across the continent as evidence of how American innovation allowed Africa to skip poles and wires and still bring, not just phone service, but online global banking and Internet connectivity to the most rural of communities. America, he argued to The Economist last week, is better than just about anybody else at such applications of technology. But America is no long Africas largest patron. As the U.S.
Source: http://time.com/3082402/barack-obama-africa-summit/

Obama administration shifting funding to respond to border crisis | http://www.ajc.com

(AP Photo/ Evan Vucci) WASHINGTON (AP) — President Barack Obama signed a bill Monday granting an additional $225 million in U.S. taxpayer dollars for Israel’s Iron Dome missile defense system. The defense system has been highly effective in the current round of violence between Israel and Hamas militants in the Gaza Strip. It allows Israel’s military to shoot down incoming rockets or mortars headed toward major population centers in Israel. Israeli officials say it has a success rate as high as 90 percent. The U.S.
Source: http://news.yahoo.com/obama-signs-funding-package-israels-115304311.html


Dow Drops 200-plus Points; Stocks Negative For July

LinkedIn and Tesla are big market movers – Yahoo News

It’s a broad-based sell off, and we’ve been hearing the end is near forever,” said Kinahan. “The good news is getting lost in the shuffle, and for the time will take a back seat to weakness in European markets on deflationary fears,” said Art Hogan, chief market strategist at Wunderlich Securities. Euro-zone inflation unexpectedly declined this month, highlighting the European Central Bank’s worries that the region’s economy is not healthy enough to support increased prices. Hitting its highest level since the middle April, the CBOE Volatility Index , a gauge of investor uncertainty, jumped 22 percent to 16.30. Market strategists offered differing views on whether a Fed move towards a normalization in monetary policy in the earlier part of 2015 rather than the middle part of the year was a positive or negative for U.S.
Source: http://www.cnbc.com/id/101883444?__source=yahoonews&par=yahoonews

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

S&P 500 futures

The Dow dropped by 317 points, wiping out its gains for the year. The S&P 500 and Nasdaq also each took a dive, down by about 2%. 4. Stock movers — GoPro, LinkedIn, Iliad: Expect GoPro ( GPRO ) shares to take a dive when trading begins.
Source: http://money.cnn.com/2014/08/01/investing/premarkets/index.html?section=money_topstories

World Stocks Extend Slump on Wall Street Sell-Off – ABC News

London’s FTSE 100 dropped 1.1 percent to 6,656.19. Wall Street was poised to open lower. main page Dow futures were down 0.3 percent to 16,440.00 while broader S&P 500 futures lost 0.4 percent to 1,917.40. ASIA’S DAY: Japan’s benchmark Nikkei 225 index dropped 0.6 percent to close at 15,523.11 and Hong Kong’s Hang Seng fell 0.9 percent to 24,532.43. South Korea’s Kospi edged 0.2 percent lower at 2,073.10.
Source: http://abcnews.go.com/International/wireStory/world-stocks-extend-slump-wall-street-sell-off-24801888

Traders work on the floor of the New York Stock Exchange in New York.

Richard Drew/AP NEW YORK – U.S. stocks fell for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years. Investors found little reason to move money into stocks, faced with the growing geopolitical concerns in Israel and Ukraine, as well as banking problems in Europe. For the last two years, investors have generally wanted to step in to buy any major fall in the stock market, traders said, causing any sell-off to be met the following day with modest buying.
Source: http://www.postandcourier.com/article/20140801/PC05/140809858/1177/stocks-slide-for-2nd-day-but-good-news-on-jobs

Stocks slide for 2nd day, but good news on jobs – Post and Courier

Gov. Nikki Haley back home after minor surgery and temporary transfer of power to Democrat

Send Thanks! 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 deal worth $5.1 billion, including debt.
Source: http://news.yahoo.com/linkedin-tesla-big-market-movers-203658380.html