Obama Sends Prayers, Best Wishes On Kwanzaa – Abc News

The Obamas say in a statement that the Kwanzaa celebration highlights the rich heritage of African Americans. They say families come together on Kwanzaa to reflect on the past year’s blessing and look forward to the promises that lie ahead next year. The Obamas are vacationing in Hawaii. They’re calling attention to Kwanzaa’s seven principles, which include creativity, self-determination, purpose and unity, responsibility, cooperative economics and faith. The Obama say they remain committed to building a nation that provides opportunity for everyone. They say there’s much to be thankful for as families light the Kinara, a candle holder used to celebrate http://www.obamastudentloanforgiveness.net Kwanzaa.
Source: http://abcnews.go.com/Politics/wireStory/obama-sends-prayers-best-wishes-kwanzaa-27842068


Obama to do ‘everything I can’ to close Gitmo – CNN.com

is set to end its combat mission in the Middle Eastern nation. Weve been in continuous war now for over 13 years. Next week we will be ending our combat mission in Afghanistan, Obama told troops in Hawaii late Thursday, celebrating Christmas. ADVERTISEMENT ADVERTISEMENT Because of the extraordinary service of the men and women in the armed forces, Afghanistan has a chance to rebuild its own country, he said. “We are safer.
Source: http://www.foxnews.com/politics/2014/12/26/obama-afghanistan-wont-be-source-terrorist-attacks-again/

Obama: Afghanistan won’t be ‘source of terrorist attacks again’ | Fox News

immigration rules and new regulations aimed at curbing environmentally-harmful emissions. He followed those moves this week with a deal that represented the biggest steps to thaw the economic freeze with Cuba in decades. The Guantanamo Bay, Cuba detention facility — which Obama pledged to shut down as part of his 2008 campaign, but saw his plans thwarted when Congress passed a law prohibiting him from doing so — could be another target ripe for executive action. Obama’s year-end message: North Korea Cuba and Congress Obama has transferred many of the detainees housed at that facility to other countries in recent months, and said Friday he’ll continue trying to do that, since Congress won’t allow him to shift those detainees into federal Supermax facilities within the United States. “We are going to continue to place those who have been cleared for release or transfer to host countries that are willing to take them,” Obama told Crowley.
Source: http://www.cnn.com/2014/12/21/politics/obama-to-do-everything-i-can-to-close-gitmo/index.html

Obama Signs Disaster Declaration for 9 N.Y. Counties in Wake of Nov. Storm

That means Washington will chip in to help state, local and tribal governments pay to clean up and rebuild after a blockbuster storm buried the region under more than 7 feet of snow last month. New York Gov. Andrew Cuomo said the storm had cost more than $46 million, well in excess of the governments $27.3 million threshold for federal emergency aid. More than 370 structures suffered roof damage from the snow; 38 structures were destroyed. The storm is blamed for 14 deaths.
Source: http://www.insurancejournal.com/news/east/2014/12/24/351114.htm

Obama praises US troops as Afghanistan mission winds down – Yahoo News

After a morning of exchanging gifts with family members during their annual year-end vacation in his birth state, the president and First Lady Michelle Obama paid a visit late Thursday to a Marine Corps base in Hawaii. As service members and their families tucked into a dinner of lobster, turkey, green beans, yams and other traditional Christmas Day fare, the president took the microphone to thank them for “extraordinary service” that he said has allowed the United States to hand responsibility for security to Afghan forces. “We’ve been in continuous war now for over 13 years. Next week we will be ending our combat mission in Afghanistan,” Obama told the crowd, to cheers and applause. “Because of the extraordinary service of the men and women in the armed forces, Afghanistan has a chance to rebuild its own country.
Source: http://news.yahoo.com/obama-praises-us-troops-afghanistan-mission-winds-down-065813909.html


Etf Preview: Etfs, Futures Higher As Jobless Claims Fall To Lowest Level In Seven Weeks – Nasdaq.com

SPDR S&P International Technology Sector ETF (IPK) was also unchanged. Semiconductor ETFs SPDR S&P Semiconductor (XSD) and Semiconductor Sector Index Fund (SOXX) were flat in pre-market trading . Internet services provider j2 Global (JCOM) said it will launch a cash tender offer to acquire all outstanding shares of Carbonite (CARB), a provider of cloud and hybrid backup and recovery solutions for businesses, for $15.00 per share. The move main page follows an unsolicited proposal from JCOM to acquire the outstanding shares of CARB earlier in December.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-as-jobless-claims-fall-to-lowest-level-in-seven-weeks-cm426577

Investors should go back to picking stocks: Experts

“We’re past the time of index investing,” he said in an interview on CNBC’s “Closing Bell.” “All the liquidity (the Fed) pumped in brought up the bad with the good, and we’re seeing less of that.” Read More 10 rookie ETFs that raked in the 2014 cash Peter Costa, president of Empire Executions, a New York City-based trading firm, said in the same interview he agreed with Nelson’s analysis. “In a growing market, everyone’s a genius,” he said. “When the market starts selling off, that’s when bottom-down research becomes very important.” Read More Are these ETFs cutting-edge or just plain crazy? Both men agreed that stock picking would be the best way to invest in 2015, but their approach in picking stocks deviates.
Source: http://www.cnbc.com/id/102294677?__source=yahoonews&par=yahoonews

ETF Trends To Watch For In 2015 – 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. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings?
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-gain-in-line-with-futures-energy-funds-higher-cm425974

ETF Preview: Broad Market ETFs Gain in Line With Futures; Energy Funds Higher – NASDAQ.com

Expect the Unexpected It happens every year, but most investors often forget that new sector leaders have a way of coming out of left field . This is often a function of money rotating out of overbought areas of the market and into opportunities that offer a more attractive value proposition. It helps to prepare yourself now that 2015 will likely feature new areas of strength and weakness that stem from the ebb and flow of capital. That being said, the strongest areas of the market in 2014 have been the Utility Select Sector SPDR ( XLU ) and Health Care Select Sector SPDR ( XLV ). The weakest group has easily been the Energy Select Sector SPDR ( XLE ), as falling crude and natural gas prices have impacted these stocks. While timing a top or bottom can be fraught with risks, keeping a close eye on sectors showing signs of a trend change may help you make prudent portfolio management decisions in 2015.
Source: http://www.nasdaq.com/article/etf-trends-to-watch-for-in-2015-cm426411

3 Thriving ETFs with Over 500% AUM Growth in 2014 – ETF News And Commentary – Yahoo Finance

NOBL surged about 16% on the year and has 30-day SEC yield of 1.84%. It has a Zacks ETF Rank of 1 or Strong Buy rating with a Medium risk outlook. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Source: http://finance.yahoo.com/news/3-thriving-etfs-over-500-180006124.html

Etf Preview: Etfs, Futures Weaker Following Ppi Data; Consumer Sentiment Data Still Ahead – Nasdaq.com

In economic data, U.S. producer prices fell a seasonally adjusted 0.2% in November, a slightly wider decline than the expected 0.1% drop. Energy prices fell more than 3% . Excluding food and energy, core wholesale prices were flat in November. Still ahead, the University of Michigan consumer sentiment index for December will be released at 9:55 am ET. ChemoCentryx (CCXI) soared more than 100% and was on track for a new 52-week high after the clinical-stage biopharmaceutical company reported its CCX140 obtained positive results in a Phase 2 study to treat diabetic nephropathy.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-weaker-following-ppi-data-consumer-sentiment-data-still-ahead-cm422633

ETF Spotlight: Real Estate Investment Trusts – Yahoo Finance

Assets : $325.2 million Objective : The First Trust S&P REIT Index Fund tries to reflect the performance of the S&P United States REIT Index, which is comprised of real estate investment trusts, excluding mortgage, timber and prison ETFs. Holdings : Top holdings include Simon Property Group (NYSE:SPG) 8.2%, Public Storage (NYSE:PSA) 3.9%, Equity Residential (NYSE:EQR) 3.8%, Health Care REIT (NYSE:HCN) 3.5% and Prologis (NYSE:PLD) 3.1%. What You Should Know : First Trust sponsors the ETF. FRI has a 0.50% expense ratio.
Source: http://finance.yahoo.com/news/etf-spotlight-real-estate-investment-143037163.html

ETF Preview: Broad Market ETFs Edge Higher in Step With Futures Amid Positive Retail Sales, Jobs Data – NASDAQ.com

In such a situation, smaller niche players such as WisdomTree Investments, Inc. (WETF) can be next in line to serve as targets of such acquisitions. WisdomTree Investments, through its subsidiaries, operates as an ETF sponsor and asset manager. It isa etf strategies offers ETFs in equities, currency, fixed income, and alternatives asset classes. The WisdomTree Japan Hedged Equity Fund ETF (DXJ) and the WisdomTree International Hedged Equity Fund ETF (HEDJ) have the highest assets in the WisdomTree ETF stable. Is ETF industry consolidation in the cards?
Source: http://finance.yahoo.com/news/2-trillion-etf-industry-consolidation-130037301.html

Is the $2 trillion ETF industry in consolidation mode? – Yahoo Finance

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. 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-edge-higher-in-step-with-futures-amid-positive-retail-sales-jobs-data-cm421875

Obama Backs Dc Vote To Legalize Marijuana – Yahoo News

Congressional negotiators have quietly tucked into a $1.1 trillion spending deal a provision prohibiting the district from spending money to enact the new policy. Marijuana Not High Obama Priority “We do not believe that Congress should spend a lot of time interfering with the ability of the citizens of the District of Columbia to make decisions related to how they should govern their community,” Earnest told ABC’s Jonathan Karl. But despite the concerns, “the president supports the passage of this compromise proposal and would sign it if it arrives on his desk.” D.C. voters approved a referendum in November, by a nearly 2-to-1 margin, to legalize the possession of up to 2 ounces of pot or up to three plants for personal use. District leaders have protested the anti-marijuana rider as anti-democratic interference, since residents of the capital city do not have voting representation in Congress.
Source: http://news.yahoo.com/obama-backs-dc-vote-legalize-marijuana-225458281.html

Barack here. Obama Misquotes the Bible Defending Immigration Action

The good book says dont throw stones at glass houses, or make sure were looking at the log in our eye before we are pointing out the mote in other folks eyes, he said. The first part, dont throw stones at glass houses, is a generic proverb around since the days of Chaucer. There is a Bible verse in the gospel of John about not casting stones against a woman who has committed adultery, but that includes no mention of glass houses. The log-in-the-eye passage is however in Jesus Sermon on the Mount in the gospel of Matthew. Mote, which the King James translation of the Bible uses, is more commonly translated as speck, and has caused some confusion with reports that the president said moat. The passage was also a favorite of President George W.
Source: http://time.com/3628733/obama-bible-misquote/?xid=newsletter-life-weekly

Obama administration to allow Native American tribes to grow and sell marijuana – Yahoo News

Some federal restrictions will still apply. Marijuana can’t be sold to minors, grown on public land, fall into the hands of drug cartels, or systemically spread to states where the drug remains illegal. It’s unclear how many tribes will take advantage of the opportunity. Many are opposed to marijuana legalization . The federal government will continue enforcing prohibition for those tribes, at their request, even in states where pot is legal. State jurisdiction is limited in tribal reservations View gallery .
Source: http://news.yahoo.com/obama-administration-allow-native-american-172002818.html

Obama Opposes Effort to Stop DC Pot Legalization – ABC News

President Barack Obama expressed caution Thursday about the possibility of the United States adding more sanctions against Russia for its incursion into Ukraine because it could divide Washington and Europe. With some lawmakers on Capitol Hill considering more sanctions, Obama told the President’s Export Council that the current path he is taking, in which the United States operates largely in lockstep with Europe, eventually will force Russian President Vladimir Putin to reconsider the wisdom of going into eastern Ukraine. Read More Why India and Russia remain BFFs “The notion that we can simply ratchet up sanctions further and further and further and then ultimately Putin changes his mind, I think is a miscalculation,” Obama said. What ultimately will lead Putin to make a strategic decision, he said, is if Putin recognizes that Europe and the United States are standing together over the long haul. “If they see that there aren’t any cracks in the coalition, then over time, you could see them saying that the costs to their economy outweigh any strategic benefits that they get,” he said. White House
Source: http://www.cnbc.com/id/102261130

Obama cautious on more Russian sanctions unless Europe agrees

White House spokesman Josh Earnest said Thursday that despite reservations, Obama is set to sign legislation to fund nearly the entire government through the end of the budget year Sept. 30. District voters approved an initiative Nov. 4 to allow possession of up to 2 ounces of pot or up to three mature plants for personal use. But language inserted by Republicans in the spending bill would bar the city from moving forward with legalization. Earnest says the president believes Congress shouldn’t interfere with the will of city voters on marijuana and other issues.
Source: http://abcnews.go.com/US/wireStory/obama-opposes-effort-stop-dc-pot-legalization-27539682

Russian Adrs Drop As Putin Berates Opponents On Ukraine – Bloomberg

Shanghai, Japan stocks reverse losses; US jobs in focus – Yahoo Finance

We are now seeing the extent to which the Ukrainian crisis has been used by Putin to shore up his political position, Nicholas Spiro , head of Spiro Sovereign Strategy in London , said by phone yesterday. The worse its getting on the economic front, the more likely it is that Putin is going to adopt an anti-western tone, both for international geopolitical reasons and domestic reasons. Sberbank dropped to a record $5.51 in New York. OAO Mobile TeleSystems (MBT) , Russias biggest mobile operator, sank 7.6 percent to $10.87. VimpelCom Ltd. (VIP) , the third-largest carrier, slid 6.3 percent to $4.73.
Source: http://www.bloomberg.com/news/2014-12-04/russian-stocks-drop-in-u-s-as-putin-chides-opponents-on-ukraine.html

“That’s the right reaction, you should see yields trending higher in an improving economy,” said Hogan. Symbol NASDAQ — After climbing to an all-time high, the Dow Jones Industrial Average moderated its gains, lately up 15.35 points, or 0.1 percent, at 17,915.45. The S&P 500 advanced 1.08 point to 2,073.00, with financials pacing sector gains and utilities the poorest performer of its 10 major industry groups. The Nasdaq added 7.69 points, or 0.2 percent, to 4,777.12.
Source: http://www.cnbc.com/id/102243210?__source=yahoonews&par=yahoonews

Stocks rise after jobs report; Dow hits record

During Draghi’s press conference, the market will look for any clues regarding the ECB’s intention to expand its current asset purchase program or embark on a full quantitative easing program involving the purchase of corporate bonds, as some in the market expect the ECB to eventually undertake. 6. Friday morning will see the release of the November jobs report, and ahead of that report we got the latest private payrolls report from ADP , which showed payrolls jumped by 208,000 in November, less than the 222,000 that was expected by economists. ADP CEO Carlos Rodriguez said that, “Small businesses continued to drive job gains adding almost half the home page total for the month.” Mark Zandi, chief economist at Moody’s Analytics said that at the current pace of job gains, the unemployment rate will drop by 0.5% per year. 7. We got two pieces of service sector activity on Wednesday, with Markit’s latest services PMI coming in at 56.2, showing that activity in the service sector expanded at its slowest pace since the spring.
Source: http://finance.yahoo.com/news/stocks-hit-time-highs-heres-210027698.html

STOCKS HIT ALL-TIME HIGHS: Here’s What You Need To Know – Yahoo Finance

running of the bulls chased

The move that would help the Portuguese central bank recoup funds after bailing out Espirito Santo earlier this year. Hong Kong’s Hang Seng Index (Hong Kong Stock Exchange: .HSI) jumped to a new one-week high following Thursday’s 2 percent rally. Nikkei up 0.2% Japan’s benchmark Nikkei (Nihon Kenzai Shinbun: .N225) index reversed losses to close at a new seven-and-a-half-year peak, extending gains into a sixth session, as the yen (Exchange:JPYUSD=) hit a new seven-year low of 120.1 per dollar. Nissan Motor (Tokyo Stock Exchange: 7201.T-JP) and Fanuc (Tokyo Stock Exchange: 6954.T-JP) were some of the biggest gainers on the index, rising over 1 percent each. Read More What recession?
Source: http://finance.yahoo.com/news/asia-stocks-seen-mixed-ecb-224909810.html

Stocks Are Looking To Remain Almost Flat – Yahoo Finance

The ADP read came in tad bit below estimates at 208K for November vs. 233K in October and 213K in September. The November tally is the 8th straight month of job gains in excess of 200K. Importantly, the tally for October was modestly revised higher.
Source: http://finance.yahoo.com/news/stocks-looking-remain-almost-flat-140700539.html