J.c. Penney Stock Climbs, After 15% Plunge

The latest $10 million round of funding will allow MyHero to expand its operations,reach and build out its existing portfolio of product offerings. Bhatia notes that equity is only the first part of what we have done and we will launch other products. MyHero also has much to do to catch up in Asia, as TradeHero is not available on Android yet whereas a large part of Asia uses Android devices. Business development director Gary Gan says the Android app is in the works and will come very soon. TradeHero | iOS Headline image via Thinkstock , screenshots via TradeHero Disclosure: This article contains an affiliate link. While we only ever write about products we think deserve to be on the pages of our site, The Next Web may earn a small commission if you click through and buy the product in question.
Source: http://thenextweb.com/apps/2013/09/27/not-just-a-game-stock-market-app-tradeheros-secret-to-standing-out-is-value-added-information/

This offering could fetch as much as $75 billion, about twice as large as Yahoo! Inc. (Nasdaq: YHOO ). And investors are also braced for a noteworthy IPO from Chrysler , which filed for an offering earlier this week. If the recent IPO by Rocket Fuel Inc.
Source: http://moneymorning.com/2013/09/26/stock-market-news-today-dow-ends-five-day-losing-streak/

Stock futures point to a higher open

(YUM), and Chipotle Mexican Grill Inc. (CMG). The indicators downside The downside of the indicator, of course, is that no economic cycle is exactly the same as the one before. Each recession will destroy specific types of jobs and then create new ones. You might have seen a Did You Know? video on YouTube that said the top-demanded jobs in 2010 never existed in 2004.
Source: http://finance.yahoo.com/news/why-us-stock-market-could-150003140.html

They closed at $10.42, up 3%, but then sank 5.3% in after-hours trading following news that the company is indeed selling shares. J.C. Penney said it plans to use proceeds from the offering “for general corporate purposes.” Underwriters will have the option to purchase an additional 12.6 million shares. Related: Is the end near for J.C.
Source: http://money.cnn.com/2013/09/26/investing/jcpenney/index.html

Why the US stock market could be in a long uptrend

Inc. /quotes/zigman/16052823/quotes/nls/tmus TMUS +0.15% is pulling BlackBerry phones from its shelves due to weak demand, though the smartphone maker will ship directly for those who still want the BlackBerry kit. Penney /quotes/zigman/237947/quotes/nls/jcp JCP +2.96% slumped after analysts at Citigroup cut their price target on the struggling retailer to $7 from $11 a share and said they have conducted a basic liquidation valuation of around $1 a share. /quotes/zigman/128454/quotes/nls/jbl JBL -9.92% could come under pressure, after falling in late trade on the heels http://www.todayhotstocks.com of a disappointing revenue outlook for the first quarter. J.P. Morgan Chase & Co.
Source: http://www.marketwatch.com/story/stock-futures-edge-up-jobless-claims-gdp-ahead-2013-09-26

Should you borrow to invest in the stock market?

It is free to register and only takes a minute or two. Weekly email from The Lolly Get simple, easy ways to make more from your money. Just enter your email address below An error occured while subscribing your email. Please try again later. I have read and agree to the Terms & Conditions and Privacy Policy Sign me up! Thank you for registering for your weekly newsletter from The Lolly.
Source: http://www.citywire.co.uk/money/should-you-borrow-to-invest-in-the-stock-market/a705774

Forex Daily Outlook

That is disharmony,” says Dmitri Chavkerov. One can work really hard and save enough wealth but when you do not give and synchronize with this basic system then it may affect health, family, or could show in some other form. There is no point in creating a lot of wealth and living in total disharmony. By setting aside a part of the income for charity purposes, one starts feeling peace, harmony and balance in life which in turn enables the person to accumulate more wealth.
Source: http://www.bizjournals.com/prnewswire/press_releases/2013/09/16/PH79487

A recent Reuters poll showed economists expect the Fed to reduce monthly asset purchases by a relatively modest $10 billion. “There was a fairly large improvement in ZEW … The market did react but only for a short time,” said Richard Falkenhall, currency strategist at SEB. “I’d be surprised if we saw any large moves before the Fed.” But he added: “When it comes to the euro and the euro zone it is more important what happens in the German election.” The dollar was down 0.15 percent versus a basket of currencies at 81.172, though it held above a four-week low of 80.968 set on Monday. Niels Christensen, currency strategist at Nordea in Copenhagen said if the Fed cuts quantitative easing by the forecast $10 billion this should be enough to push U.S. bond yields and the dollar slightly higher.
Source: http://in.reuters.com/article/2013/09/17/markets-forex-idINL5N0HD1VG20130917

This software from Bill Poulos, a renowned trader who has 35 years of experience under his belt, claims traders who use the system can benefit from it as the trade alert software comes with breakthrough forecasting algorithm technology. The review mentions that Forex Profit Caster indeed benefits traders of different levels of expertise. But more importantly, the useful product allows beginners to jump into the trading market without falling. Of course, experienced traders can expect more success with the help of Forex Profit Caster. How exactly does this product help traders? Basically, it helps traders predict the reliable trends in the market in order to earn more profit.
Source: http://www.streetinsider.com/Press+Releases/Forex+ProfitCaster+Review+Unveils+%26amp%3B+Examines+Bill+Poulos%E2%80%99s+Breakthrough+Forex+Trade+Alert+Software/8696262.html

Don’t Let This Rare Forex Technical Signal Go Unnoticed

Later in Europe, Current Account, value the difference between imported and exported goods and services on the last month, rise of 1.4B is estimated up to 18.3B now. Finally in Europe, Trade Balance, 15.3B is due now from 14.9B on August. In Great Britain, Consumer Price Index (CPI), reduce of 0.1% down to 2.7% is due this month, Core CPI (without food, energy, alcohol, and tobacco items), rise of 0.1% up to 2.1% is calculated. And similar is due on the Retail Price Index (RPI), 3.2% from 3.1% now. Later in Great Britain, Producer Price Index (PPI), reduce down to 0.3% from 1.1% is due now.
Source: http://www.fxstreet.com/analysis/forex-daily-outlook/2013/09/17/

FOREX-Dollar edges lower, seen in tight range before Fed

inflation data due at 1230 GMT could have an impact on the dollar, though it would have to be well below or well above forecasts to be sufficient to influence thinking on what the Fed will announce. Germany’s ZEW sentiment data at 0900 GMT was likely to show a small rise but analysts did not expect a big market reaction. The dollar edged up 0.1 percent to 99.17 yen but was expected to stay stuck below chart resistance at 100 yen. “On top of the size of tapering, what’s more important this time is the Fed’s forecast of interest rates in 2016, which will give markets an idea on the pace of future rate hikes,” said Sho Aoyama, senior market analyst at Mizuho Securities in Tokyo.
Source: http://www.reuters.com/article/2013/09/17/markets-forex-idUSL5N0HD0VE20130917

The first was that the Syria deal was inked which many people feared could take US into another foreign conflict. The second and more significant from a financial market point of view is that the front runner for the Federal Reserve Chairman spot, Larry Summers, who was seen a stern hawk meaning he would likely bring about a stronger dollar overtime withdrew his name leaving in the running candidates who were much less aggressive in bringing the dollar back to strength. Therefore, gaps happen because the underlying sentiment that brought the market to a close the prior week had radically shifted on the markets open. Now that you understand why a gap happens, lets breakdown the 3 major types of gaps that occur in chart analysis and look at a current trade opportunity based on the recent gap in the US Dollar. 3 Types of Price Action Gaps Breakaway Gaps The most exciting type of gap is known as a breakaway gap. A Breakaway gap takes place at a key level of price support or ceiling.
Source: http://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2013/09/17/Trading_The_Breakaway_Gap_In_Forex.html

Obama Marks 9/11 With Nod To Benghazi, Syria Crisis

With hundreds of members of Congress packing the Capitol steps before a somber crowd of tourists, staffers and journalists, Congressional leaders evoked the memories of those killed in New York City, Washington, D.C., and Shanksville, Pa. “The word ‘weary’ has been used a great deal of late. But if you think about the men and women we honor at this hour, the fear that they endured and cast off, the love that they wished to be remembered for, the instinct to lock arms and to help the person next to them, the bravery it took to run up the stairwells and charge that cockpit, the prayers that they whispered together, the last word that comes to mind is the word ‘weary,'” House Speaker John Boehner, R-Ohio, said. “Yes, we’ve been through the crucible, and we live in a dangerous world. But from the fallen and from all who have sacrificed so that we may live free, we can take heart that ours is the greatest cause and the work before us is not above our capacity or beyond our strength. After all, we are Americans.” On Wednesday, President Obama also paid tribute to the four victims of the assault on the U.S.
Source: <a href='http://abcnews.go.com/Politics/president-obama-marks-911-nod-benghazi-syria-crisis/story?id=20224628&#039; how to apply for student loan forgiveness act >http://abcnews.go.com/Politics/president-obama-marks-911-nod-benghazi-syria-crisis/story?id=20224628

Obama’s tough task: Getting Americans to care about chemical weapons use in Syria

Whether we like it or not, the failure of the President of the United States to back up his threat can have serious repercussions in terms of world stability. American power is not always used in benign ways, certainly. But overall, if the credibility of American threats were to erode in any serious way, the world would be destabilized and would move, through a dangerous process, to a geopolitical order that would likely be worse for the world than what we have now. Think of who would fill the void, and what would happen if the void stays unfilled. Neither we, or most of the rest of the world, will prefer a geo-political system where an American threat or promise lacks credibility.
Source: http://www.dailykos.com/story/2013/09/11/1238285/-Obama-s-Syrian-Moves-Deserve-More-Respect-than-They-re-Getting

Coal Industry Cries Foul Over Obama Emission Rules

145 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs This story is part of Barack Obama Political photographer’s film title draws objections Obama, critics mark Benghazi anniversary At the Pentagon, the President laid a wreath in honor of the victims in the building and on the plane twelve years ago. Near Shanksville, Pennsylvania, the families of the passengers and crew aboard United Flight 93 recalled their loved ones as hero David Jackson, USA TODAY 1:29 p.m. EDT September 11, 2013 President Obama (Photo: JEWEL SAMAD, AFP/Getty Images) Tags SHARE 617 CONNECT 56 TWEET 145 COMMENTEMAILMORE Wednesday isn’t just the 12th anniversary of 9/11 — it’s the first anniversary of Benghazi. Both President Obama and his critics paid tribute to the four Americans who lost their lives in the attack a year ago on a U.S. facility in Benghazi, Libya.
Source: http://www.usatoday.com/story/theoval/2013/09/11/obama-benghazi-sept-11-lindsey-graham/2798953/

Obama, critics mark Benghazi anniversary

A coal plants emissions are at least 1,800 pounds per megawatt hour, and so would need to capture the carbon. The EPA initially gave plants the option to average emissions over 30 years, so that they wouldnt have to employ the expensive capture process for the first decade of operation. Lobbyists for coal producers such as Peabody Energy Corp. (BTU) and Arch Coal Inc. (ACI) , and utilities such as American Electric Power Co. (AEP) , have visited the Office of Management and Budget, which is reviewing the EPA proposal, and made their case that requiring carbon capture, knowns as CCS, is a mistake.
Source: http://www.bloomberg.com/news/2013-09-11/obama-said-to-ban-new-coal-plants-without-carbon-controls.html

Obama’s Syrian Moves Deserve More Respect than They’re Getting

But some experts said another factor might be at play: The images, while gruesome and disturbing , do not immediately produce a clear narrative. Images of dead bodies or men gasping for air and convulsing may produce a horrified reaction, but they do not necessarily explain to a viewer what happened or why, said Scott Sigmund Gartner, a scholar at Penn State University who has studied the effect of war imagery on the public. The images that are the most powerful tell a story that is understandable without captions, without additional explanation, Gartner said. The images Ive seen in the media are terrible; they are horrific. But they do not tell a story about the role of chemical weapons and its unfair to even ask that of an image because with chemical weapons, most of the time theres nothing to see. Obama, briefed daily by his national security team, sees the photos and is essentially writing his own captions, Gartner added.
Source: http://www.washingtonpost.com/politics/obamas-tough-task-getting-americans-to-care-about-chemical-weapons-use-in-syria/2013/09/11/e3815be4-1af6-11e3-8685-5021e0c41964_story.html

Eric Miller, Noted Strategist Of 1980s Bull Market, Dies At 85

At the end of bull markets, investors become more and more selective so fewer stocks participate in the uptrend. In addition, expected volatility http://www.todayhotstocks.com is at low levels. Toward the end of bull markets, investors become complacent and their expectation for volatility is low. One catalyst that could get the blame for a market drop is the Federal Reserve tapering its quantitative easing, or bond purchasing, program. When it stops buying bonds, bond prices will decline and interest rates will rise.
Source: http://news.investors.com/investing-etfs/090613-670234-contrarian-etf-investing-ideas-stock-market-strategists.htm

HOW THE MARKET REACTED: Stocks climbed on the news initially, as hopes rose for more economic stimulus from the Fed. Then, escalating tensions between the U.S. and Syria pushed the market down. By the end of the day, the stock market ended mostly flat.
Source: http://abcnews.go.com/Business/wireStory/stock-market-reacts-jobs-reports-20179641

al-Sheikh told investors that his Capital Market Authority would very soon complete a series of regulatory changes he has undertaken to make the kingdoms stock market less volatile and more transparent. Those measures have ranged from capping price changes of stocks on their first day of trading to requiring listed companies to promptly report any plant shutdowns or other news that might impact their bottom line. We are not entirely satisfied yet, the Capital Market Authority chairman told investors. But the authority will overcome the logistical difficultiesto have a market that is attractive to foreign investors and local investors. The question of when Saudi Arabia would open its stock market more fully to foreigners has been the top topic of discussion among outside investors, at least, for years.
Source: http://blogs.wsj.com/middleeast/2013/09/09/opening-saudis-market-to-foreigners-a-marathon-not-a-sprint/

Etf: What Should Silver Investors Expect Through The End Of 2013?

Nearly one-quarter of respondents said they felt completely in the dark about the potential effects. Therefore, many investors who purchased bonds and fixed-income funds for safety may be in for a shock when they get their balance statements at the end of the third quarter. In the Edward Jones survey, one-third of respondents between the ages of 18 and 34 replied they have “no idea” how interest rate changes will affect their portfolios. One-quarter of those 65 and older also said they had no clue.
Source: http://www.usatoday.com/story/money/markets/2013/09/02/bonds-interest-rates-etfs-markets/2728919/

The average net expense ratio (ER) grew from 0.61% to 0.62% during the 12-month period ending in June 2013 according to data provided by Morningstar . The increase is a result of new product development that has focused on more complex strategies and alternatives to stocks and bonds. ETPs include exchange-traded funds ( ETFs ), exchange-traded notes (ETNs), grantor trusts, partnerships and other products that have an intraday share or creation and redemption mechanism. ETFs dominate the industry. They account for roughly 80% of all products and 90% percent of all assets. Figure 1 illustrates the gradual ascent in the average net expense ratio (ER) of all ETPs. It represents about 1,470 funds through June 2013.
Source: http://www.forbes.com/sites/rickferri/2013/09/02/etf-fees-creep-higher/

TGR: Why did you choose to build an ETF around junior silver companies instead of large-cap silver miners or midtier producers? AC: First off, ETFs are like that line in the movie “Talladega Nights”: “If you’re not first, you’re last.” We did not want to be second to market with any of our fund ideas; every element in Top ETFs to buy in Singapore our suite of products is the first of its kind. When we looked at the precious metals mining space, we saw several gold equity plays. We wanted to create the first junior silver mining fund. People who are fans of the junior mining space are there because they get that higher beta play.
Source: http://www.commodityonline.com/news/etf-what-should-silver-investors-expect-through-the-end-of-2013-56189-3-56190.html

State Street to Open Emerging Market ETF Without BRIC Countries

(STT) , the second-largest provider of exchange-traded funds worldwide, is seeking to counter its biggest rivals dominance of emerging-market stock ETFs with a fund that excludes Brazil, Russia, India and China, known as the BRIC nations. State Street asked the U.S. Securities and Exchange Commission for permission to open the SPDR MSCI Beyond BRIC ETF, according to a regulatory filing dated yesterday from the Boston-based firm. The ETF would invest in developing-market stocks in Chile , Columbia, the Czech Republic, Indonesia, South Africa and Turkey, among others. This would allow investors to get more exposure to some of the smaller, potentially higher-growth areas of the market, Todd Rosenbluth , director of ETF and mutual fund research at S&P Capital IQ in New York, said in a telephone interview. The new product would expand State Streets offerings in an area dominated by two ETFs from Vanguard Group Inc.
Source: http://www.bloomberg.com/news/2013-08-28/state-street-to-open-emerging-market-etf-without-bric-countries.html