Stocks Poised For Early Gain On China Data

Euro-area services and factory output grew at a slower pace than forecast this month and more Americans than forecast filed jobless claims last week, separate reports showed. Microsoft Corp. and Amazon.com Inc. are among U.S.
Source: http://www.bloomberg.com/news/2013-10-23/japanese-futures-drop-amid-stronger-yen-as-crude-rebounds.html

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Source: http://www.ft.com/cms/s/0/c9448194-3c5b-11e3-9851-00144feab7de.html

Another 27 stocks ended unchanged. The biggest gainer for the day was Wyeth Pak Ltd up by Rs205 to Rs4,305 while the major laggard was Rafhan Maize traded ex-dividend, down by Rs196.67 to Rs5,050. On the 10-top traded list, PTCL stood ahead of the rest with 17m shares, up by 53 paisa to Rs26.98. Lafarge Pakistan lost 98 paisa to Rs7.35 on 15m shares, Fauji Cement conceded 16 paisa to Rs12.35 on 12m shares, after two earlier days of upper locks. Bank Alfalah gained 54 paisa to Rs22.41 on 8m shares, Bank of Punjab shed 23 paisa to Rs10.51 on 7m shares, Engro Polymer was up 8 paisa to Rs13.33 on 6m shares, Maple Leaf Cement added 18 paisa to Rs22.50 on 6m shares, NBP with volume of 5m shares lost 33 paisa to Rs51.89 after several sessions of healthy gains.
Source: http://www.dawn.com/news/1051381/stocks-extend-overnight-rally

World stocks rise on better Chinese manufacturing

They would like to see rebalancing over time. The Stoxx Europe 600 Index rose for the 10th time in 11 days. Daimler AG, the maker of Mercedes-Benz cars, and ABB Ltd., the worlds largest maker of power transformers, climbed more than 3.5 percent after profit beat projections. Celesio AG jumped 5.4 percent after McKesson Corp. agreed to buy the German drug wholesaler for 3.9 billion euros ($5.4 billion). Profit Misses Credit Suisse Group AG (CSGN) lost 2.8 percent after the second-biggest Swiss bank posted profit that missed analysts estimates.
Source: http://www.businessweek.com/news/2013-10-23/japanese-index-futures-drop-amid-stronger-yen-as-crude-rebounds

An improvement in China’s manufacturing wasn’t enough to boost Asian stock markets Thursday after Wall Street fell on disappointing corporate earnings. (AP Photo/Koji Sasahara) View Larger Employees work on the floor of the Tokyo Stock Exchange in Tokyo, Thursday morning, Oct. 24, 2013. An improvement in China’s manufacturing wasn’t enough to boost Asian stock markets Thursday after Wall Street fell on disappointing corporate earnings. (AP Photo/Koji Sasahara) Sponsored Links The Associated Press LONDON An unexpectedly strong improvement in a Chinese manufacturing survey shored up markets Thursday despite concerns over the country’s banking sector that analysts fear may prompt a tightening in monetary policy. Those worries had weighed on world markets on Wednesday.
Source: http://www.ajc.com/news/ap/top-news/asian-stocks-down-after-weak-us-earnings/nbXQx/

ET, and Census Bureau data on new home sales at 10 a.m. ET. A big day for earnings: Ford ( F , Fortune 500 ) shares rallied after the automaker raised guidance and released quarterly earnings and revenue that topped forecasts. On the downside, shares of Symantec ( SYMC , Fortune 500 ) got hammered after the company reported earnings and sales that fell short of estimates, and slashed its guidance. Dow Chemical ( DOW , Fortune 500 ) shares were also under pressure after the company’s earnings fell short. Related: Fear & Greed Index: still greedy U.S.
Source: http://money.cnn.com/2013/10/24/investing/premarkets/index.html

Stocks breaking the all-time high barrier

Sent! A link has been sent to your friend’s email address. 9 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Stocks breaking the all-time high barrier Matt Krantz, USA TODAY 9:54 a.m. EDT October 23, 2013 Traders work on the floor New York Stock Exchange. (Photo: Richard Drew, AP) More than 100 S&P 500 stocks are at new highs Charge being lead by famous consumer brands and less glamorous companies Bulls see broad participation as a historically good sign SHARE 48 CONNECT 34 TWEET 9 COMMENTEMAILMORE A large and growing number of stocks are hitting all-time highs along with the broad market a sign of underlying strength that could portend more gains ahead.
Source: http://www.usatoday.com/story/money/markets/2013/10/22/stocks-breaking-all-time-high/3146291/

Forex – Usd/cad Hits Session Highs After Boc Cuts Growth Outlook

The only evidence that they had when I was given access to several thousand shekels of immediate buying power was my banking history with their branch, which, to put it mildly, was something I would have expected to have had more of a restraining effect upon the decision makers than a positive one. In fact, my bank routinely takes money from me under such flagrantly unfair circumstances that its almost like they were my pimp. Im still trying to work out how my bank can, in good conscience, charge me money to deposit funds that they use to make money. Still, no one says, I havent been employed in a while. If things dont get much better, Im going to have to go work at the bank. That is not to say that Israel has not had issues with less than scrupulous forex companies.
Source: http://blogs.timesofisrael.com/i-was-a-dirty-forex-whore/

Tuesday’s U.S. jobs report has pushed out expectations for a reduction in the Fed’s asset-buying plan well into 2014, Scotiabank’s Sutton said. That outlook leaves the Fed’s balance sheet expanding rapidly while those of other central banks are stabilizing or contracting. A majority of U.S. primary dealers polled by Reuters now believe the Federal Reserve will not start cutting its $85 billion of monthly bond purchases until March.
Source: http://www.reuters.com/article/2013/10/23/markets-forex-idUSL1N0ID1I520131023

Apart from Bitcoin, Forex-Metal also accepts credit cards, bank wires, Skrill, ClicknBuy, Webmoney, FasaPay, Giropay, and local deposits, etc. Thus, Bitcoin which has become a popular option for customers, particularly who wish to send their money abroad, is gaining prominence and getting support from unheard names. ForexMinute reviewer claims that Bitcoin, a decentralized digital crypto-currency is rapidly gaining popularity and is often said to represent the future of online payments. Additionally, he says that Bitcoin allows instant worldwide peer-to-peer transactions with minimal processing fees, high security standards, and a significant degree of privacy. In addition to Bitcoin, Forex-Metal also offers online Forex and CFD trading for beginners and advanced traders, and has carved a niche for its services in just six years of existence.
Source: http://www.watchlistnews.com/2013/10/23/forex-metal-now-accepts-bitcoins-provides-excellent-opportunity-to-traders/

nonfarm payrolls report. The U.S. economy added 148,000 jobs in September, well below expectations for an increase of 180,000, indicating that jobs growth had slowed even before the start of the recent 16-day U.S. government shutdown. Elsewhere, the loonie, as the Canadian dollar is also known, was http://www.etftradingsignals.com lower against the euro, with EUR/CAD advancing 0.68% to 1.4275.
Source: http://www.nasdaq.com/article/forex-usdcad-hits-session-highs-after-boc-cuts-growth-outlook-cm290573

Forex Trading with Solar VPS

Having your Forex VPS provisioned in New York City means you have sub-microsecond access to the major financial markets of the world. It means you dont have to worry about latency or lag when placing trades. Most importantly this means you have the ability to interact with the market before your competition on the other side of the world does. 2.
Source: http://cloudcomputing.sys-con.com/node/2844767

Did Obama Lie About Yellen?

That is an improvement. There was an awful lot of talk but then, at the end of the day, the president still said he wouldnt negotiate, Cruz said. We began talking, that was good today. But he continued to maintain that he will not negotiate or compromise on anything. And if that is the position, thats not going to lead to a resolution. Some Senate Republicans have suggested changes to the laws periphery, but Cruz has long been focused on striking at the heart of the laws individual mandate or funding for implementation.
Source: http://www.politico.com/story/2013/10/ted-cruz-confronts-barack-obama-government-shutdown-98197.html

Obama: Shutdown politics ‘isn’t how our democracy works’

The Government Shutdown: The Effects On Travel October 5, 2013 7:15 AM PDT The Government Shutdown: The Effects On Travel Government shutdown could stunt economy’s growth October 4, 2013 3:14 PM PDT Government shutdown could stunt economy’s growth Pentagon to Call Back Civilian Workers October 7, 2013 6:57 AM PDT The U.S. Defense Department plans to call back most of the civilian employees it furloughed last week under the federal government shutdown. Gov’t shutdown enters 7th day October 7, 2013 6:57 AM PDT The partial government shutdown is entering its seventh day. Veterans Affairs employees not receiving pay during shutdown October 4, 2013 9:40 AM PDT Veterans Affairs employees are still working during the government shutdown, but some are not getting paid. Shutdown Hits Low-income Food Plan October 3, 2013 3:30 PM PDT Nine million low-income women and children rely on the federal Women, Infants and Children program _ a food program that’s now jeopardized by the gov’t shutdown.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-republican-senators-shutdown-solutions-obama-20131011,0,7305655.story

“I want to see the government get opened and I want to see a debt-ceiling solution. But we’ve got to use this time as well to find some savings and reforms, and we are talking about what savings and reforms we can get people to agree to,” he said. Republicans have been knocked on their heels by polls showing Americans largely blame them for triggering the crisis, a political dynamic that has strengthened Obama’s hand. The president has been unyielding in his insistence that he will not negotiate over the debt ceiling. Obama told Americans that his Republican opponents are manufacturing a crisis that has the potential for damaging the U.S.
Source: http://uk.reuters.com/article/2013/10/12/uk-usa-fiscal-idUKBRE9970RX20131012

Perhaps Mr. Obama was referring to Fed transcripts from December 2007, where Yellen is on record to have said: The possibilities of a credit crunch developing and of the economy slipping into a recession seem all too real. At the time of our last meeting, I held out hope that the financial turmoil would gradually ebb and the economy might escape without serious damage. Subsequent developments have severely shaken that belief. So perhaps Yellen did see a degree of trouble in advance and President Obama is simply enhancing her credibility. It wouldnt be the first non 100% correct statement by a politician.
Source: http://finance.yahoo.com/news/did-obama-lie-yellen-161750636.html

“Because once the debt ceiling is raised, and the shutdown is over, there’s a lot we can accomplish together.” However, he said “there is no good reason anyone should keep suffering through this shutdown.” “I met with some really innovative small business owners on Friday who’ve already lost contracts, lost customers, and put hiring visit the site on hold — because the pain of this Republican shutdown has trickled down to their bottom lines,” Obama said. “It’s hurting the very citizens that our government exists to serve. That’s why a growing number of reasonable Republicans say it should end now.” Obama — who Republicans blame for the shutdown, saying he refuses to negotiate — said a default would drive up interest rates for everyone, something he said would amount to “a Republican default tax.” “It doesn’t have to be this way,” he said. “It’s not supposed to be this way. Manufacturing crises to extract massive concessions isn’t how our democracy works, and we have to stop it. “Politics is a battle of ideas, but you advance those ideas through elections and legislation — not extortion.” Obama said although “it’s easy to get lost in or give up on the political back-and-forth, I want you to remember: This is not normal.” 2013 United Press International, Inc.
Source: http://www.upi.com/Top_News/US/2013/10/12/Obama-Shutdown-politics-isnt-how-our-democracy-works/UPI-13401381572000/

Stocks Dip In Early Trading

A Burden Exchanges self-regulatory duties actually are a burden for them, Gallagher said, because SEC enforcement actions show the agency no longer treats them as though they have any special status. The commission should conduct a wholesale review of equity market-structure rules, including the self-regulatory nature of exchanges, Gallagher added. What I worry about at the commission now is this trend toward treating these exchanges as investment banks, Gallagher said. There has been this notion over the last four years that these are for-profit entities, just profit-seeking entities that totally disregard their self-regulatory obligations.
Source: http://www.bloomberg.com/news/2013-10-03/sec-s-gallagher-calls-exchanges-self-regulatory-role-burdensome.html

Vance’s office Monday. Under New York state law, stealing office toner is a more serious offense than stealing computer source code, the statement said. Two of the men, Jason Vuu and Glen Cressman, both 26, worked for the Manhattan office of the company Flow Traders , which develops its own software for trading on various markets. They resigned from the company in March.
Source: http://www.pcworld.com/article/2053020/three-indicted-in-alleged-source-code-theft-from-trading-house.html

Should You Sell Disney? Hedge Fund Trading Strategy Profit Behind The Blog

Penney rose 44 cents, or 5.8 percent, to $8.15, after the company reported encouraging sales trends for September. The struggling department store owner, which has faced concerns it is burning through cash, still anticipates having ample liquidity at year’s end. Jamba plunged $2.53, or 18.8 percent, to $10.94 in morning trading after the company cut its fiscal 2013 guidance, saying reduced spending by consumers hurt its sales in the third quarter. @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” online at the bottom of this module.
Source: http://finance.yahoo.com/news/stocks-dip-early-trading-143852971.html

Potbelly Jumps in Trading Debut After $105 Million IPO

We know that for Disney (NYSE:DIS) moves very slowly like a super tanker and the moves tend to be on the clean side. We also know that Disney (NYSE:DIS) tends to move in 1 direction once it starts moving in that direction. We also know that Disney (NYSE:DIS) is showing us a change in price behavior, an upward market that now is going sideways. We also know that Disney (NYSE:DIS) cannot continue to accelerate its earnings growth potential and that means it has limited upward price potential.
Source: http://www.business2community.com/finance/sell-disney-hedge-fund-trading-strategy-profit-behind-blog-0640365

First Week of JCOM November 16th Options Trading

/quotes/zigman/7212269/quotes/nls/grpn GRPN -4.53% : By the end of last trading session, Groupon /quotes/zigman/7212269/quotes/nls/grpn GRPN -4.53% shares lost 3.67% to US$11.03 with about 19.87 million shares exchanged hands for the session, compared to its average volume of 21.61 million shares. Insiderslab.com found company SVP – Product Management, Jeff Holden, sold his shares at the price of US$12.00 on October 3. Investors may want to find out how Groupon insiders like CEOs, CFOs and Directors are thinking about the future of the company. Read Full Report: http://www.insiderslab.com/PR3/100813A/GRPN/Groupon.pdf DISH Network Corp. /quotes/zigman/109220/quotes/nls/dish DISH -2.77% : By the end of last trading session, DISH Network /quotes/zigman/109220/quotes/nls/dish DISH -2.77% rose 0.47% to US$48.70 with about 3.56 million shares exchanged hands for the session, compared to its average volume of 2.58 million shares.
Source: http://www.marketwatch.com/story/reveal-insider-trading-of-applied-materials-groupon-dish-network-apple-general-electric-and-citigroup-2013-10-08

Singapore Exchange Curbs Trading in Three Stocks

Below is a chart showing JCOMs trailing twelve month trading history, with the $55.00 strike highlighted in red: Considering the fact that the $55.00 strike represents an approximate 7% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 72%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.37% boost of extra return to the investor, or 12.79% annualized, which we refer to as the YieldBoost. Click here to find out the Top YieldBoost Calls of the S&P 500 The implied volatility in the put contract example is 34%, while the implied volatility in the call contract example is 35%.
Source: http://www.forbes.com/sites/stockoptionschannel/2013/10/08/first-week-of-jcom-november-16th-options-trading/

Reveal Insider Trading of Applied Materials, Groupon, DISH Network, Apple, General Electric, and Citigroup

exchange this year, according to data compiled by Bloomberg. The company and existing stockholders sold 7.5 million shares for $14 each, according to data compiled by Bloomberg, after offering them for $12 to $13. The company raised the range Oct. 2 after initially setting it at $9 to $11.
Source: http://www.bloomberg.com/news/2013-10-04/potbelly-jumps-in-trading-debut-after-105-million-ipo.html

Ltd. Singapore: SGX $0.19 -0.06 -24.00% Oct. 8, 2013 5:05 pm Volume : 60.22M P/E Ratio 380.00 Market Cap $235.30 Million Dividend Yield N/A Rev. per Employee $315,121 10/07/13 Blumont, Asiasons, LionGold Pl… 10/06/13 Singapore Exchange Curbs Tradi…
Source: http://online.wsj.com/article/SB10001424052702304171804579119053369469522.html

U.s. Stocks Rise As Optimism Grows Over Ending Impasse

The Dow Jones industrial average , the S&P 500 and the Nasdaq advanced between 0.5% and 0.9%. The gains came at the end of what was a mostly down week on Wall Street. The Dow fell 1.2% and the S&P 500 slipped 0.1%. Friday’s move higher helped the Nasdaq book a 0.7% gain for the week though. The government shutdown has created plenty of uncertainty and left an estimated 800,000 federal employees waiting to go back to work. The shutdown is also delaying the release of the government’s monthly jobs report, originally scheduled to come out Friday top 100 stock tips morning.
Source: http://money.cnn.com/2013/10/04/investing/stocks-markets/index.html

Naturally, this isn’t a real town, but one inside Nintendo’s Animal Crossing , a simulation game that’s a cross between Sim City and Zynga’s Farmville, and perhaps equally addicting. It’s the fourth most popular 3DS game for Nintendo in Japan, topping even Zelda, though well behind three Mario games. When it arrived in the US this past June, it sold more than half a million copies in its first month. The game’s premise is simple: You’re the mayor of a town with virtual residents who move in and out, along with an environment you can customize to a micro level. That includes planting and removing trees and other flora, placing sidewalks, and even funding public works projects like new landmarks and businesses. All this is timed with the real world, meaning shops keep real-world hours, and if you crack the game open at 3 a.m., your world will be dark and all the other characters will be asleep.
Source: http://news.cnet.com/8301-10797_3-57605990-235/playing-the-market-when-video-games-and-stocks-collide/

Disclaimer . Morningstar: 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use.
Source: http://money.cnn.com/2013/10/04/investing/government-contractor-stocks/index.html

Contractor stocks slammed by shutdown

7 because of the federal shutdown. The stock has dropped six straight sessions, the longest losing streak since June. Union Pacific dropped 1 percent to $153.90 after the railroad operator said it sees third-quarter earnings of $2.45 to $2.48 a share, compared with the average analyst forecast of $2.56. Operating revenue will increase as much as 4.5 percent, the company said, compared with a 7 percent gain predicted by analysts. Karen Storm CSX Corp.
Source: http://www.bloomberg.com/news/2013-10-04/u-s-stock-futures-rise-as-investors-await-shutdown-talks.html

Stocks remain range bound on low turnover

On technical charts, analyst Qasim Anwar at AKD Securities said that pullback could be expected to terminate as index approaches 22,320 a 22,525 resistance zone. The technical analyst maintained a bearish outlook below 22,857 level sighting possibilities for near-term weakness towards 21,451 a 21,416 and 20,924 levels. Dealer Samar Iqbal at Topline Securities admitted that activity was sluggish at the market. Most of the activity remained concentrated towards low priced stocks like Pak Electron (Right shares) and Telecard. PSO fell sharply after government announced that they have taken back the increase in power rate as investors feared that it would affect the cash flows of the company. Better than expected dividend announcement by NCPL helped the share price hitting the upper limit.
Source: http://www.dawn.com/news/1047505/stocks-remain-range-bound-on-low-turnover

Stocks Rise on Hope That DC Will End Its Bickering

17,” Davis said, referring to the date the Treasury Department said the government’s borrowing authority would be exhausted. On Friday, House Speaker John Boehner reemphasized that he won’t let the U.S. government default on its debts. There were also reports that Boehner was looking to bring House Republicans together to pass some sort of budget compromise that would include raising the debt ceiling.
Source: http://abcnews.go.com/Business/wireStory/stocks-move-higher-investors-remain-cautious-20472336