Hot Stocks For 2007

Poll: Is it Necessary for Big Box Stores to Match Prices?

Of course, nobody is perfect at picking stocks — we all have our winners and plenty of losers. And picking stocks for performance within an arbitrary period of one year is hardly the best way to invest. Holding great companies for decades is a much better way to achieve market-beating returns. But can anything be learned from these yearly prognostications? I think so.
Source: http://www.fool.com/investing/small-cap/2007/03/12/hot-stocks-for-2007.aspx

World Markets Climb on Iran Accord; Apple Makes Acquisition; J.C. Penney’s Newest Problem

The tech industry should benefit from rising spending in an improving global economy, says BlackRock’s chief investment strategist Russ Koesterich. He also says that technology stocks are typically less sensitive to rising interest rates than other industry groups are. Many tech stocks don’t pay a dividend, making them less sensitive to higher bond yields, and with strong new products they should grow profits. That suggests if interest rates climb, tech stocks should perform better than the overall market.
Source: http://www.columbian.com/news/2013/nov/25/stocks-may-not-be-as-hot-in-2014/

Stocks may not be as hot in 2014

Penney will move to S&P’s MidCap 400, bumping Aeropostale ( ARO ) to the SmallCap 600, where it will replace Corinthian Colleges ( COCO ). The timing of the move seems a bit off since J.C. Penney stock is actually up 30% over the last month. Call it a feeding frenzy for the new Hunger Games movie.
Source: http://finance.yahoo.com/blogs/hot-stock-minute/world-markets-climb-iran-accord-apple-makes-acquisition-124916209.html

Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided “as is” for informational purposes only, not intended for trading purposes or advice. Neither Yahoo!
Source: http://finance.yahoo.com/blogs/hot-stock-minute/poll-necessary-big-box-stores-match-prices-135506248.html

Time To Take Profits In Some Hot Stocks As The Market Again Hits New Highs

He also believes that the critical test of Teslas long-term viability (based mainly on a lower priced vehicle rumored to be called Model E) is only slated to go into production in late 2016-2017. Albertine is concernedthat in interim, the number of competitors producing lower priced cars will multiply considerably, thereby raising the stakes for Tesla over the long-term. Although Tesla has a long lead vs. its peers, competitors are focused on producing electric-vehicle only vehicles for most types of travel, says Albertine, with an internal combustion back stop when you need it for longer trips when batteries get depleted. He believes industry watchers misunderstand the big competition problem facing Tesla. The analyst rates the stock as a read this hold.
Source: http://www.forbes.com/sites/genemarcial/2013/10/17/time-to-take-profits-in-some-hot-stocks-as-the-market-again-hits-new-highs/

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Sac Capital Manager’s Insider Trading Trial Starts

The move comes as other U.S. banks, including JPMorgan Chase & Co and Morgan Stanley, look to exit physical commodity trading in the wake of increased government scrutiny, squeezed trading margins and forecasts for tepid demand in certain markets. Goldman Sachs executives have been resolute that their J. Aron commodity unit is a “core” part of the bank’s offering to clients. However, political and regulatory pressure has mounted, and this week a source said the bank is considering selling its controversial metals warehouse arm.
Source: http://www.reuters.com/article/2013/11/22/goldman-uranium-idUSL2N0J70YY20131122

Monthly First, Weekly options trade (on average) 4.33 times more often per month (52 / 12). If the SPX is predominantly random (for short periods of a month or less, research has shown this to be the case, including research performed by Options Annex ), the more often you trade, the better the probability model works (which includes the options model: Black-Scholes). Second, the Weekly adjusts more quickly to changes in Implied Volatility (IV) and changes in the price of the SPX. This means the Weekly can better accommodate changes in the market place, improving profits at the same risk level.
Source: http://www.examiner.com/article/trading-the-spx-weekly-vs-monthly-credit-trades

22, 2013 1:33 p.m. ET Executives at large banks are reviewing financial plans to invest in a new U.S. corporate bond trading platform that they would use to trade with each other and with clients, said people familiar with the matter. Documents that detail the structure and financial plans for the new platform were delivered recently to several banks, including Bank of America Merrill Lynch, Citigroup Inc., Goldman Sachs Group Inc. and J.P. Morgan Chase & Co.
Source: <a href='http://online.wsj.com/news/articles/SB10001424052702304337404579214092115777898&#039; resource >http://online.wsj.com/news/articles/SB10001424052702304337404579214092115777898

“He needed to point the finger at somebody to get a deal,” he said. “He chose self-interest over the truth.” Apps said Horvath was part of a circle of four analysts who used contacts at public companies to gain insider information that they would pass on to each other and to their own portfolio managers. She said the government would prove its case through four turncoat witnesses who had pleaded guilty to the insider trading scheme, including two former employees of public companies. She said their testimony would be corroborated through trading and phone records, as well as emails between participants. Berke, though, said the witnesses would twist innocent information to make it seem Steinberg had committed a crime.
Source: http://abcnews.go.com/US/wireStory/sac-capital-managers-insider-trading-trial-starts-20957959

Stocks Gain in Early Trading on Wall Street; GM Up

unemployment benefits fell to the lowest since September. First-time applications for benefits dropped by 21,000 last week, the Labor Department reported, the latest sign that the U.S. job market is recovering. The number of applications, which is a proxy for how many workers are being laid off, is now near where it was before the Great Recession. Investors sold government bonds after the report came out, pushing the yield on the benchmark 10-year Treasury note higher.
Source: http://abcnews.go.com/Business/wireStory/stocks-edge-higher-retail-sales-increase-20950287

Know Your Federal Student Loan Repayment Options

KEY RATING DRIVERS Collateral Quality: The MHEAC 1999 trust is collateralized by approximately $328.32 million, and the MHEAC 2004 trust is collateralized by approximately $72.78 million FFELP student loans as of Sept. 30, 2013 with guaranties provided by eligible guarantors and reinsurance provided by the U.S. Department of Education (ED) for at least 97% of principal and accrued interest. Interest Rate Risk: The main driver of the downgrades is the interest rate risk embedded in the tax-exempt auction rate securities which make up approximately 40% of the MHEAC 1999 outstanding notes, in addition to the taxable auction rate securities, which are paying interest at a contractually determined maximum rate due to failed auctions. The tax-exempt auction rate securities do not benefit from a net loan rate, and as such, interest rates can increase to maximum rates which range between 14% and 16%, and the multipliers associated with tax-exempt bonds further magnify interest expenses and create negative carry as interest rates rise. Interest rate risk is also embedded in the MHEAC 2004 tax-exempt auction rate securities which make up the entire trust’s outstanding notes.
Source: http://finance.yahoo.com/news/fitch-downgrades-mheac-student-loan-221100200.html

Service members struggling with student loan debt can find relief through federal programs that cap interest rates and offer loan forgiveness. Public Service Loan Forgiveness Active-duty members serving full-time can have any remaining balance on their direct loans canceled after 10 years, if they make 120 on-time, full, scheduled monthly payments. Only payments made after Oct. 1, 2007, count toward the requirement. Loan forgiveness doesn’t come without paperwork, though. The Department of Education recommends graduates submit an annual employment certification form to help track their eligibility over the 10-year span.
Source: http://www.huffingtonpost.com/2013/11/11/student-loan-relief-service-members_n_4254872.html

According to figures released Thursday from the Federal Reserve Bank of New York, the amount of education loans outstanding nationwide, which has increased every quarter since the New York Fed began tracking these figures in 2003, rose $33 billion to $1.027 trillion. Meanwhile, the share of student-loan balances that were 90 or more days overdue rose to student loans Obama 11.8% from 10.9% , even as delinquencies on other debts dropped. Student-loan balances have roughly tripled since 2004, and roughly 9% of all consumer debt is now student loans, up from 3% a decade ago. Mid-November marks about six months since most of this years crop of college and professional-school graduates tossed their capsand for those who graduated with outstanding federal student loans, it means the end of an optional six-month payment-free grace period that follows graduation. In other words, mandatory federal student-loan payments are about to kick in for the youngest group of borrowers. The six-month grace period begins the day after a student stops attending school on at least a half-time basis, according to the U.S.
Source: http://blogs.wsj.com/economics/2013/11/14/are-you-repaying-your-federal-student-loans/

Your monthly payments are adjusted each year based on your income. The repayment period may extend to 25 years. Remaining debt after 25 years of repayment may be excused. Public service employees may have debt excused after 10 years. If in any month your payment does not cover accrued interest, the government will pay the interest up to three consecutive years.
Source: http://www.examiner.com/article/know-your-federal-student-loan-repayment-options

Twitter Ipo Live: Twitter Stock Trading Heavily

. NEW YORK (AP) Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook’s last year. Twitter is trading heavily on its first day. Twitter is trading under the ticker symbol “TWTR.” Twitter’s stock opened at $45.10, or 73 percent above its $26 IPO price.
Source: http://news.yahoo.com/twitter-ipo-live-twitter-stock-trading-heavily-175320133–finance.html

Twitter soars in trading debut, exceeds IPO expectations

From the looks of things, Twitter could have set the price even higher. At one point, shares had climbed as high as $50.09. The stock has yet to fall below $44. Reports indicate Twitter s underwriters wanted to raise the IPO price even higher, but company executives wanted to price it more conservatively so there was room for growth on the first day of trading.
Source: http://www.washingtontimes.com/news/2013/nov/7/twitter-poised-big-debut-wall-street/

First Week of June 2014 Options Trading For PrivateBancorp (PVTB)

Dark matter: Why you should care Dominic Basulto The next frontier in science is finding something that we know exists, but cant see, smell or touch. Thats dark matter. Best comments of the past 24 hours Matt McFarland Thursdays edition includes includes Ken Cuccinelli, drama after a parents death, and commentary on the hair of New Yorks first family. Twitters stock will make its market debut on Thursday. On Wednesday evening, Twitter set a price of $26 for its initial public offering of stock, valuing the company great site at more than $18 billion. A DMM supervises the trading of a companys stock.
Source: http://www.washingtonpost.com/business/technology/twitter-hires-barclays-to-supervise-ipo-trading-on-the-floor-of-the-nyse/2013/11/06/152198bc-4743-11e3-95a9-3f15b5618ba8_story.html

Twitter hires Barclays to supervise IPO trading on the floor of the NYSE

eSpeed access also will be available to qualified customers through TTs MultiBroker offering, which was recently named Best New Product, Connectivity at the FOW Asia Awards. “Our connection to Trading Technologies is part of an ongoing effort to enhance the trader experience with tools and services they want, said Eric Noll, Executive Vice President of Transaction Services at NASDAQ OMX. Our deep relationship with Trading Technologies will significantly expand the opportunity set for the fixed income community across the globe. NASDAQ OMX announced the completion of its eSpeed acquisition on July 1, 2013 as the exchange group began to operate the over-the-counter trading platform for benchmark U.S. Treasuries, one of the largest markets in the world with over $500 billion in daily trading volume. The addition of the eSpeed to the NASDAQ OMX Transaction Services business provides market participants an opportunity to navigate the benchmark U.S. Treasuries market with services for the full life-cycle of global fixed income trading.
Source: http://finance.yahoo.com/news/trading-technologies-establish-connection-nasdaq-080000174.html

Twitter’s first day of trading gives traders fond memories

What did he say?”) — it’s a bit of commotion that’s unusual as computers have largely replaced floor traders. Indeed, high-speed trading has helped transform exchange floors into glorified television sets. “It’s not as much fun” these days, said floor trader Robert Oswald, as he punched in orders on his handheld computer. “Any time you get to yell and throw paper is pretty fun.” Twitter executives and exchange officials are in the Barclays post, waiting for the “book” to close for Twitter to begin its life as public company.
Source: http://www.latimes.com/business/technology/la-fi-tn-twitter-traders-20131107,0,4564682.story

Trading Technologies to Establish Connection to NASDAQ OMX eSpeed

( NASD: PVTB ) saw new options begin trading this week, for the June 2014 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 228 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the PVTB options chain for the new June 2014 contracts and identified one put and one call contract of particular interest. The put contract at the $20.00 strike price has a current bid of 30 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $20.00, but will also collect the premium, putting the cost basis of the shares at $19.70 (before broker commissions).
Source: http://www.forbes.com/sites/stockoptionschannel/2013/11/05/first-week-of-june-2014-options-trading-for-privatebancorp-pvtb/

Student Loan Lawsuits

Its unclear how widespread such practices may be in federal student loans. Deanne Loonin, director of the National Consumer Law Centers student loan borrower assistance project, said problems similar to those that plague private student loans exist in the servicing of federal student loans, such as the processing of borrowers monthly payments and transfers among companies of the right to collect payments on those loans that often leave borrowers confused and lacking basic details. The Education Department requires servicers of federal loans to apply extra payments beyond the required monthly amounts to future see here installments, rather than allowing the money to pay down loan principal, unless the borrower requests otherwise.” The Education Department, which oversees federal student loan servicers, does not enforce federal consumer financial protection laws, Chopra said. And the CFPBs jurisdiction is limited. In many ways, their oversight over servicers in some ways is that of contractor and client, Chopra explained. So I think it’s very different, and that is part of the reason why there may be a gap in oversight. The Education Department has previously defended its oversight and the performance of its contracted loan servicers.
Source: http://www.huffingtonpost.com/2013/10/22/student-loan-servicing_n_4144760.html

According to Lew, President Obama’s campaign to make college more affordable includes efforts to lower college costs, as well as encouraging institutions of higher learning to help students better understand options for paying for a college education, including student loans. The hope is that students will make more educated choices, which will help reduce their overall debt load. Chopra suggests that the securitization industry can be of assistance, particularly in the way they securitize student loans. Specifically, he would like to see the issue of wage garnishment go away. The problem of burdensome student loan debt isn’t going to be cured all at once, or by making a handful of specific changes. But putting the issue in the spotlight encourages discussion, and hopefully solutions.
Source: http://www.fool.com/investing/general/2013/10/27/its-official-student-loan-debt-is-hurting-the-econ.aspx

As payments are remitted, the loans will have different balances and still have different interest rates. By paying the minimum amount due on each loan first, additional available monies can applied to the loan with the highest interest rate. Over the life of the loans, giving priority payment to the most expensive one will likely save thousands of dollars. Conversely, if a borrower can only afford a partial payment, speaking with the servicer before the payment due date can help avoid unnecessary late fees and penalties. Knowing the exact minimum amount and the interest owed on each loan can guide which loans can be paid and their corresponding amounts. Armed with this knowledge, it may also be possible to minimize delinquent fees or penalties.
Source: http://northdallasgazette.com/2013/10/31/coping-with-student-loan-repayment-cfpb-report-shares-problems-offers-options-for-borrowers/

25, Sallie Mae is conducting a sweepstakes for borrowers who have made six or more on-time loan payments. Such borrowers can enter It Pays to Repay on the loan servicers Facebook account for a chance to receive as much as $10,000 deposited into their student loan accounts. Borrowers earn extra entries by sharing a tip for repaying student loans and sharing the contest with friends. The vast majority of our customers make their student loan payments on time every month, and they have much to offer from their own experience, said Temeka Easter, Sallie Maes director of social media, in a news release about the contest. Sallie Mae will select one winner each week for four weeks, which could make a huge difference for four borrowers, as the average student debt load is about $27,000. Its exciting for Sallie Mae borrowers in repayment, especially if any of them had gotten excited about a Sallie Mae repayment scam on Instagram a few weeks ago.
Source: http://finance.yahoo.com/news/student-loan-sweepstakes-win-180028550.html

These entities purchase student loans from the original lenders and attempt to collect them from the borrowers. These private student loans were used by students to assist in financing the cost of their education in attending undergraduate, law school, business school, medical school, dental school, and other graduate programs. Both National Collegiate Student Loan Trust and SLM Private Credit Student Loan Trust are Student Loan Asset-Backed Security (or, as theyre known in the industry, SLABS). SLABS were invented by then-semi-public Sallie Mae in the early 90s, and their trading grew as part of the larger asset-backed security wave that peaked in 2007. Simply stated, these student loans are bundled and sold as investments to the general public as a safe investment. In order to obtain a judgment against the consumer/borrower on a defaulted student loan, the plaintiff must prove ownership of the loan.
Source: http://research.lawyers.com/blogs/archives/28844-Student-Loan-Lawsuits.html