Stocks Gain 25 Points In Directionless Trading

The investor participation was low represented in the drop in trading value of stocks to Rs5.580 billion, from Rs7.748 billion on the last trading session on Friday, as institutions kept to the sidelines. Some decided to book profit to put a gloss on the bottom line just before the close of accounting books on Dec 31. Several market participants said that investors were cautious after a decline of 1.26 per cent WoW http://answers.yahoo.com/question/index?qid=20131207102553AAXvB0j to Friday. Foreign inflows also trickled down as fund managers were off on holidays to celebrate the Christmas and New Year. The reins of the market were held by the second tier cement stocks which contributed 35pc to the total market volume; Maple Leaf Cement, Fauji Cement and Flying Cement were the three top volume leaders. Cement stocks continued to attract investor interest as they looked forward to healthy earnings in the upcoming half yearly results. Textile stocks also remained strong with Nishat Chunian, Nishat Mills; Kohinoor Textile and Azgard Nine as gainers. Fertiliser sector came under pressure over price of urea in the face of gas supply shortages.
Full story: http://www.dawn.com/news/1077381/stocks-gain-25-points-in-directionless-trading

Stock Market In Chicago

Fear fades as stocks rally

Dow closes above 16,000

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Source: http://www.examiner.com/stock-market-in-chicago

U.A.E. Stock Market Bulls Find a Friend in Bank of America Merrill Lynch

This indicates that they do not see opportunity in the marketplace currently and would rather be in cash to take advantage of future opportunities. All the while the U.S. economy is growing slowly on the back of the Federal Reserve, which is pumping $85 billion a month into the market and now has a balance sheet of $4 trillion. The question remains whether the market is undervalued, fairly valued, overvalued, or perhaps in a bubble . I’ve best stocks to wn 4/1/13 written before of why I think the stock market is overvalued , but let us turn to Warren Buffett.
Source: http://www.fool.com/investing/general/2013/11/21/warren-buffetts-favorite-market-indicator-shows-th.aspx

equity mutual funds in the last five weeks. That’s a sharp reversal from the more than $600 billion they had yanked since the beginning of 2007. The rally is causing investors such as Cary Hart to rethink their reluctance to stocks. The 53-year-old Florida restaurateur initially thought the stock market had risen too fast and that investors were overestimating the strength of the U.S. recovery.
Source: http://www.latimes.com/business/la-fi-us-stocks-20131124,0,5409440.story

Why does Wall Street fear Fed’s taper plan?

A link has been sent to your friend’s email address. 5 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Stock impact of JFK murder steep but short Adam Shell, USA TODAY 7:57 p.m. EST November 21, 2013 Fifty years ago, the stock market swooned when JFK was assassinated. But the nearly 3% one-day drop was recovered two days later.
Source: http://www.usatoday.com/story/money/markets/2013/11/21/stock-market-reaction-to-jfk-assassination/3662171/

Warren Buffett’s Favorite Market Indicator Shows the Stock Market Is Overvalued

Wall Street, long hooked on Fed stimulus, fears coming withdrawal when the Fed dials back Post to Facebook Why does Wall Street fear Fed’s taper plan? on USATODAY.com: http://usat.ly/IcbDPS Incorrect please try again A link has been posted to your Facebook feed. Sent! A link has been sent to your friend’s email address.
Source: http://www.usatoday.com/story/money/markets/2013/11/24/why-wall-street-fears-fed-taper/3664723/

Stock impact of JFK murder steep but short

Federal Reserve, countries in the Gulf that peg their currencies to the dollar wont be subject to major swings in their currencies. One clear asset which happens to be coincidental that a lot of these Mena-based frontier markets have is theyre dollar-linked, Mr. Harris said. Were in a world where tapering is a concern, and that is generally bearish for emerging market currencies.
Source: http://blogs.wsj.com/middleeast/2013/11/24/u-a-e-stock-market-bulls-find-a-friend-in-bank-of-america-merrill-lynch/

Spdr S&p 500 Etf (spy) Plans Quarterly Dividend Of $0.98

Stockholders of record on Tuesday, December 24th will be given a dividend of 0.9803 per share on Friday, January 31st. This represents a $3.92 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Friday, December 20th. SPDR S&P 500 ETF ( NYSE:SPY ) traded up 0.04% on Friday, hitting $181.56.
Source: http://tickerreport.com/banking-finance/95184/spdr-sp-500-etf-spy-plans-quarterly-dividend-of-0-98/

Market Vectors ETFs Announce 2013 Distributions

( NASD: MSEX ), which makes up 0.06% of the Vanguard Utilities ETF ( AMEX: VPU ), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $936,779 worth of MSEX, making it the #77 largest holding. The table below details the recent insider buying activity observed at MSEX: MSEX last trade: $20.28 Recent Insider Buys: Purchased
Source: http://www.forbes.com/sites/etfchannel/2013/12/19/vanguard-utilities-etf-insider-buying-index-registering-13-8/

Vanguard Utilities ETF — Insider Buying Index Registering 13.8%

The top ten holdings account for approximately 23 percent and the majority of the names will be unknown to U.S. investors. Because the ETF is not permitted to hold any U.S. stocks that are traded on a U.S.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/etfs_sector_etfs_13_12_4162876_tuesdays_etf_of_the_day_momentum_investing_outside_the_u_s_piz.html

Tuesday’s ETF of the Day: Momentum Investing Outside the U.S. (PIZ)

Please see the Prospectus and Summary Prospectus of each Fund for more complete information regarding its specific risks. Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through etf trader exchange trading. Creation units are issued and redeemed principally in kind. The “net asset value” (NAV) of an ETF is determined at the close of each business day, and represents the dollar value of one share of the ETF; it is calculated by taking the total assets of an ETF subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as an ETF’s intraday trading value.
Source: http://www.marketwatch.com/story/market-vectors-etfs-announce-2013-distributions-2013-12-20

SPDR Dow Jones Industrial Average ETF Plans Monthly Dividend of $0.39 (DIA)

The ex-dividend date is Friday, December 20th. SPDR Dow Jones Industrial Average ETF ( NYSE:DIA ) traded up 0.08% on Friday, hitting $162.01. 7,978,204 shares of the companys stock traded hands. SPDR Dow Jones Industrial Average ETF has a one year low of $128.54 and a one year high of $162.01. The stocks 50-day moving average is $158.7 and its 200-day moving average is $153..
Source: http://zolmax.com/investing/spdr-dow-jones-industrial-average-etf-plans-monthly-dividend-of-0-39-dia/179703/

ETF Details

3.81% Gree Electric Appliances Inc of Zhuahai 2.44% Bank of Communications Co Ltd. 2.17% (1) Minimum Investment=Lot Size* Last (2) All data in the section is as ofN/A. ETF Profile Fund Size(As of 2013/12/19) 312.52M 31/12 ETF Investment Objective Objective:The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses,… Show all>> Objective:The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Underlying Index, namely, CES China A80 Index (the Underlying Index). There is no assurance that the Sub-Fund will achieve its investment objective.Investment Strategy:In order to achieve the investment objective of the Sub-Fund, the Manager will only adopt a full replication strategy by directly investing all, or substantially all, of the assets of the Sub-Fund in the securities constituting the Underlying Index (the Index Securities) in substantially the same weightings (i.e.
Source: http://www.aastocks.com/en/stocks/etf/details.aspx?etf-code=83137

Average Student Loan Debt: $29,400

At a time when the cost to attend some colleges exceeds $60,000, lower middle income students carry more student loan debt, on average, than students in any other economic group, according to a forthcoming study. About 41 percent of the 4,400 students in the study left school with some level of debt. (Seven out of 10 college seniors who graduated in 2012 had student loan debt, averaging $29,400 per borrower, according to a separate study by the Institute for College Access & Success, up from $26,600 in 2011.) But debt burdens did not decrease steadily as students’ family income rose. The study’s author, Jason Houle, an assistant professor of sociology at Dartmouth, found that students from families earning $40,000 to $59,000 are incurring about $11,000 more in student loan debt than students from families earning less than $40,000. The lower-middle-income students also incurred more debt than students from families earning between $60,000 and $99,000.
Source: http://www.nbcnews.com/business/which-students-have-highest-student-loan-debt-2D11723568

Which students have the highest student loan debt?

Over the last 10 years, according to its letter to Warren, the Education Department and its inspector general have concluded that Sallie Mae incorrectly billed the department for its services, failed to report certain fees, failed to pay other parties rightful fees, filed untimely claims when borrowers defaulted on their debts, and reported incorrect repayment terms. More broadly, the Education Department wrote, it has found general management and reporting deficiencies as well as due diligence errors. But the Education Department didn’t seem too concerned. James Runcie, Office of Federal Student Aid chief operating officer, described the various findings as compliance issues in the letter. He told Warren, who had asked whether the department would terminate its Sallie Mae contract or fine the company as punishment for wrongdoing, that the issues had not risen to the level where these penalties were considered appropriate, and they were resolved through the implementation of corrective action plans. The Education Department doesnt know how many borrowers were harmed by the destructive practices, it conceded in its letter to Warren. Borrower advocates, such as Deanne Loonin, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project, have claimed that borrowers with federal student debt are routinely treated poorly, with distressed borrowers often receiving treatment that appears to violate at least the spirit of Education Department rules.
Source: http://www.huffingtonpost.com/2013/12/11/education-sallie-mae_n_4428048.html

Tips for Repaying Student Loans

In the years in between, averages are based on information provided voluntarily by colleges. At the same time that debt has been going up, colleges across the country have been hiking tuition and fees and families’ incomes have been shrinking , student loan debt has risen at an average rate of 6% per year from 2008 to 2012, the report found. Google+ Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR.
Source: http://money.cnn.com/2013/12/04/pf/college/student-loan-debt/index.html

Student loan deal passes Senate

The jobless rate dropped to a http://www.obamastudentloanforgiveness.net/ five-year low of 7 percent in November as American employers added more workers than forecast. Jonathan Gasthalter, a spokesman for LibreMax with Sard Verbinnen & Co., declined to comment on the fund plans. Investment Universe The size of the student-loan market is about $1 trillion, 10 percent of which is private, LibreMax wrote in the presentation. The size of the funds investment universe is about $10 billion of student loans issued in 2005 to 2007. The firm will typically aim to buy debt whose borrowers are 65 months or more into repayment, according to the presentation.
Source: http://www.bloomberg.com/news/2013-12-10/greg-lippmann-s-libremax-plans-to-start-student-loan-fund.html

Saving For Retirement Vs. Paying Off Student Loans: How To Do Both

If you have several federal loans, consider consolidating , which means combining all of your loans into one monthly payment. You can consolidate private loans as well, but theyll remain separate from any federal loans you might also have, meaning that if you have both federalandprivate loans, the fewest number of payments you would be able to make is two. There are caveats to consolidatingfor instance, it has the potential to lengthen the repayment periodso youll want to consider carefully whether its the right move for you (the Student Aid checklist can help with that). If you do want to consolidate, apply through the governments Borrower Services website . 3. Portion Out Your Budget.The 50/20/30 rule tells us that at least 20% of our budgets should be dedicated to our financial prioritiesthe payments that build a secure financial future, like loan repayments and retirement savings.
Source: http://www.forbes.com/sites/learnvest/2013/12/11/saving-for-retirement-vs-paying-off-student-loans-how-to-do-both/

Education Department Finds Numerous Problems At Sallie Mae, Levies No Fines

It only affects Stafford loans, which are made by the U.S. government to help finance a college education. Students can apply through their university financial aid office. The loans are limited to no more than $5,500, for a mix of subsidized and unsubsidized loans for the freshmen year and $7,500 for juniors and above. On July 1, the interest rate on subsidized Stafford loans doubled from 3.4% to 6.8%. The rate hike affected 7.4 million students.
Source: http://money.cnn.com/2013/07/24/news/economy/senate-student-loans/index.html

Greg Lippmann’s LibreMax Plans to Start Student Loan Fund

Weatherford plans to put about $538 toward paying off the loans, on which he pays 5% interest. He estimates that about $700 of his monthly earnings go toward rent and utilities, leaving him about $1,000 for everything else, he says. To minimize expenses, Mr. Weatherford says he prioritizes essentials like gas and furniture over social outings. Rather than dining out, he frequently opts to eat the food in the fridge. Torie Olson, 23 Marquette University, 13; Master of Science in Accounting Total Student Debt: $43,000 in federal loans Debt-Free Target Date: 10 years Ms.
Source: http://blogs.wsj.com/economics/2013/12/11/tips-for-repaying-student-loans/

Forexminute’s New Forex News Widget Now Helps Brokers

jobs data ahead Thu Dec 5, 2013 11:56am EST * ECB leaves rates unchanged; inflation to stay below target * U.S. 3rd-quarter growth revised up, jobless claims fall * Norwegian crown hits four-year low versus euro By Wanfeng Zhou NEW YORK, Dec 5 (Reuters) – The euro rose to a one-month high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged, disappointing some traders who had hoped for more aggressive easing measures in the euro zone. The ECB decision overshadowed stronger-than-expected data on U.S. third-quarter growth and weekly jobless claims, which briefly lifted the dollar across the board.
Source: .. [read more] http://www.reuters.com/article/2013/12/05/markets-forex-idUSL2N0JK1CP20131205

“However, given the extent of the slump in residential and commercial construction over more than three years, the expansions recorded in October and November are from a low base and we are still some months from a convincing recovery.” USD/JPY traded flat at 101.80, with the market awaiting U.S. November jobs data in the United States. The leading indices data for October is due at 1400 local time (0500 GMT with a reading of 109.9 forecast, along with initial trade data for the first 20 days of November at 0850 local time (2350 GMT). Overnight, the dollar traded largely lower against most major currencies, buoyed in part by strong growth and jobless claims data in the U.S. though pushed down due to a European Central Bank decision to forgo rolling out negative interest rates.
Source: http://www.nasdaq.com/article/forex-aud-holds-gains-after-aihia-construction-survey-shows-expansion-cm309456

Website and blog owners too can install Forex news widget without much hassle. A source from ForexMinute says that apart from the latest brokers reviews and Forex news, his portal also brings the latest Bitcoin news which helps traders trade the digital currency competitive and get better returns. Bitcoin has caught the attention of traders as it is a trading asset that assured higher returns than other trading assets. In fact, this year so far, there has been significant fall in the prices of almost all commodities; Bitcoin is bound to become preferred among traders.
Source: http://www.hispanicbusiness.com/2013/12/5/forexminute_s_new_forex_news_widget.htm

Of course, expectations and times of major news prints can be found on the DailyFX Economic Calendar: DailyFX Economic Calendar Once the news prints, keep a keen eye on the price action immediately afterward. I often keep an eye for a quick counter trend move that moves to a near level of support or resistance that quickly begins to fade. This tells me that the hot hands that jumped in on the print dont have enough conviction to hold the move. From there, you can look to enter of a clear resumption of the trend and you can set a stop off the news extreme and look to set a target within the trend. Happy Trading!
Source: http://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2013/12/04/Frustrating_Fundamentals.html