Obama Sends Team To Assess Using National Guard At Border – Bloomberg

About 57,000 unaccompanied minors have arrived at the border since October, double the total from fiscal 2013. Most of the children came from El Salvador, Guatemala and Honduras. Funding Request Obama is seeking $3.7 billion in emergency funding from Congress to address what his administration has called a humanitarian crisis. House Republican leaders are proposing to give Obama less than half that amount. Obama met July 21 at the White House with Defense Secretary Chuck Hagel, Homeland Security Secretary Jeh Johnson and other members of his Homeland Security Council to consider responses to the crisis at the border and is seeking the emergency funding to temporarily shelter and process the immigrants.
Source: http://www.bloomberg.com/news/2014-07-23/obama-sends-team-to-assess-using-national-guard-at-border.html

Obama Declares Washington Wildfire Emergency – ABC News

causing creeks and drainages to flood at a much faster rate than normal.” Still, the shift in weather was a positive development. “The cooler weather and the moisture has cooled aspects of the fire down,” fire spokeswoman Susan Peterson said Tuesday evening. “In some instances, firefighters were able to do a direct attack. “We had additional crews come in, and they were able to put lines in closer to the fire itself.” Speaking at a fundraiser Tuesday in Seattle, President Barack Obama said the wildfire, along with other western blazes, can be attributed to climate change. “A lot of it has to do with drought, a lot of it has to do with changing precipitation patterns, and a lot of that has to do with climate change,” the president said.
Source: http://abcnews.go.com/US/wireStory/crews-make-gains-massive-washington-wildfire-24673523

Obama will support anti-inversion legislation: Senior White House officials

Speaking during a high-dollar fundraiser at the home of the show’s creator, Shonda Rhimes, Obama used a now-familiar phrase – “phony scandals” – to describe what he sees as a petty obsession among the political class. “No offense, ‘Scandal’s’ a great show,” he said told Rhimes and the drama’s star, Kerry Washington. “But we don’t want to be living it out.” And while Americans are watching warily as crises unfold overseas, Obama said “the conflict that probably makes people most discouraged is the conflict they see in Washington.” It’s a midterm election message Obama has been peddling more frequently as this year’s contests approach. During remarks around the country and at Democratic fundraisers, Obama has taken to lambasting Republicans and the media for Obama student loan forgiveness for teachers fueling an endless cycle of made-for-TV controversy, citing dust-ups at the IRS and the 2012 attack in Benghazi as examples. He’s also ramping up his fundraising stops. After this week he’ll have attended a dozen campaign cash events this month alone. Wednesday’s, held in the leafy and exclusive Hancock Park neighborhood of Los Angeles, started at $1,000 a ticket.
Source: http://politicalticker.blogs.cnn.com/2014/07/24/obama-washington-could-do-with-less-scandal/

Obama: Washington could do with less ‘Scandal’ – CNN Political Ticker – CNN.com Blogs

His commitment to Hawaii runs deep, just like mine. I value him as a partner, and because of Neils work, Hawaiis best days are ahead. ( Also on POLITICO: RGA to spend $100M in final 100 days ) In the ad, Obama describes Abercrombie as like ohana Hawaiian for family. Abercrombie is locked in a tight primary with state Sen. David Ige. The vote is scheduled for August 9. An Abercrombie spokesman, Shane Peters, said the governors team approached the president with three options for ad scripts, all far more formal.
Source: http://www.politico.com/story/2014/07/obama-cuts-radio-ad-for-hawaiis-abercrombie-109296.html

Obama administration presses for $225M addition to Iron Dome funding | Nation |

Jewish Journal

The Government of Israel has requested $225 million in additional funding for Iron Dome in order to accelerate production of Iron Dome components in Israel and maintain adequate stockpiles, Bernadette Meehan, a spokeswoman for the National Security Council, told JTA in an email. The Department of Defense has reviewed and supports this urgent request, she said. Since the start of Operation Protective Edge, Iron Dome has saved countless Israeli lives. In a meeting Wednesday of Democratic senators and Jewish leaders, some of the senators said they had already started the procedure to include the new money in this years appropriations. A day earlier, Defense Secretary Chuck Hagel wrote to leaders of the U.S. House of Representatives and the Senate asking that the money be appropriated above the $351 million Congress is considering for the system.
Source: http://www.jewishjournal.com/nation/article/obama_administration_presses_for_225m_addition_to_iron_dome_funding

Obama cuts radio ad for Neil Abercrombie – Kyle Cheney – POLITICO.com

is that we should be acting as quickly as possible,” a White House official told reporters on a conference call. “That will buy us more time and space to … reform our tax code as a whole.” Republicans prefer a change to inversions to be part of an effort to reform the U.S. tax code. The White House supports broad tax reform but argues that action on inversions is needed now.
Source: http://www.cnbc.com/id/101860765?__source=yahoonews&par=yahoonews

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Stocks Snap Higher On Wall Street; Citigroup Up – Yahoo News

STOCKS RALLY, DOW MAKES RECORD HIGH: Here’s What You Need To Know – Yahoo Finance

A link has been sent. Done Stocks snap higher on Wall Street; Citigroup up By The Associated Press 23 hours ago 0 shares . View photo FILE – This July 15, 2013 file photo shows the New York Stock Exchange in New York. Stock futures are climbing on Monday, July 14, 2014, as investors look to shake off the worst week for the stock market in three months.
Source: http://news.yahoo.com/stocks-snap-higher-wall-street-citigroup-201023982–finance.html

US stocks move higher on earnings reports; Time Warner soars on Murdoch bid | Fox Business

Stocks are higher on a busy day that has seen huge merger news and the second day of Federal Reserve Chair Janet Yellen visit speaking on Capitol Hill. The Dow up 62 points, the S&P 500 is up 7 points, and the Nasdaq is up 17 points. The biggest news of the day is Rupert Murdoch’s offer to buy Time Warner for $80 billion, which Time Warner rejected. Excluding food and energy, prices rose 0.2%. Homebuilder confidence in July rose to 53 from 49 , according to data from the NAHB, better than the 50 that was forecast by economists and the first reading above 50 since January. Industrial production data showed that in June, production slowed to 0.2% , below expectations for a gain of 0.3% and down from May’s revised reading of a 0.5% increase. CNBC is also hosting its Delivering Alpha conference today, featuring a number of noted hedge fund managers, including Leon Cooperman, who gave his 12 favorite stock picks , which included KKR, Citigroup, and Thermo Fisher. Our wall-to-wall coverage of Delivering Alpha will be on Clusterstock all day .
Source: http://www.businessinsider.com/market-update-july-16-2014-7

Market Update July 16 – Business Insider

The Standard & Poor’s 500 index rose nine points, or 0.5 percent, to 1,982. The Nasdaq rose 29 points, or 0.7 percent, to 4,445. Bond prices fell. The yield on the 10-year Treasury note rose to 2.56 percent. The second-largest U.S.
Source: http://www.foxbusiness.com/markets/2014/07/16/us-stocks-move-higher-on-earnings-reports-time-warner-soars-on-murdoch-bid/

We expected a much bigger core number in the wake of the further increase in selling prices reported by the NFIB… The underlying economic story here, we think, is that firms are expecting to have to pay rather higher wages and are seeking offsetting prices increases.” 3) The National Association of Homebuilders reported that its homebuilder confidence index for July rose to 53 from 49 in June, topping expectations for the index to come in at 50. Following the report, NAHB Chief Economist David Crowe said, “As employment increases and those with jobs feel more secure about their own economic situation, they are more likely to feel comfortable about buying a home.” 4) In June, industrial production growth slowed to 0.2% from 0.4% in May, with the reading also coming in below the 0.3% growth that was expected by economists. Following the report, Michael Gapen at Barclays said, “Overall, and despite the slowdown in manufacturing production in June, manufacturing production in Q2 rose by 6.7% relative to Q1. The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2.
Source: http://finance.yahoo.com/news/stocks-rally-dow-makes-record-200011702.html

Closing Bell, July 16 – Business Insider

From the Beige Book,”The pace of economic growth was characterized as moderate in New York, Chicago, Minneapolis, Dallas, and San Francisco, while the remaining Districts reported modest expansion. Compared to the previous reporting period, Boston and Richmond noted a slightly slower pace of growth. Most Districts were optimistic about the outlook for growth.” In the Fed’s St. Louis district , The World Cup was cited as having had a positive impact during the survey period. 7) CNBC hosted its annual Delivering Alpha conference, which featured a number of the biggest hedge fund managers presenting their latest investment ideas and commentary on the markets.
Source: http://www.businessinsider.com/closing-bell-july-16-2014-7

Silver Etfs Are Having A Good Summer – Bloomberg

The FactSet consensus was for per-share earnings of $1.44 and sales of $1.77 billion. Allergan reiterated its rejection of the unsolicited $53 billion cash-and-stock bid from Valeant Pharmaceuticals International Inc. , which earlier said it has alerted U.S. and Canadian regulators to misleading statements made by Allergan regarding its Bausch + Lomb unit. Copyright 2014 MarketWatch, Inc. U.S.
Source: http://www.foxbusiness.com/markets/2014/07/21/allergan-beats-profit-sales-estimates-to-cut-1500-jobs/

Then it turns around and hedges its bet. It does that by selling monthly call options on SLV. The call options are agreements that give buyers the right to buy shares of SLV from the ETF over a set period at a set price — which right now is about 6 percent above the current price. In exchange for that right, the buyer pays the ETF a premium, which is passed along to investors as income.
Source: http://www.bloomberg.com/news/2014-07-21/silver-etfs-are-having-a-good-summer.html

Global Tech ETF Tempts – Yahoo Finance

A link has been sent. Done Europe ETF Market Looks to Emulate U.S. By ETFtrends.com 3 hours ago 0 shares Content preferences Done Combined assets under management at the worlds exchange traded products rose to a record $2.64 at the end of the second quarter, but the bulk of those assets, over $1.8 trillion, are concentrated in U.S. ETFs and exchange traded notes (ETNs). The European ETP market is looking to emulate the success of the U.S.
Source: http://finance.yahoo.com/news/europe-etf-market-looks-emulate-130039244.html

Last Week’s ETF Highlights: Coffee and India Funds Soar – Yahoo Finance

A link has been sent. Done By ETFtrends.com 2 hours ago 0 shares Content preferences Done Technology, the largest sector weight in the S&P 500, has lagged some other sectors this year, notably utilities and energy. However, the Technology Select Sector SPDR ( XLK ) is up 11.5% year-to-date, or about 340 basis points more than the S&P 500. Putting a finger on IXNs anonymous status relative to other tech ETFs is a difficult task. After all, the ETF is not small nor is it new.
Source: http://finance.yahoo.com/news/global-tech-etf-tempts-140038146.html

Allergan Beats Profit, Sales Estimates, To Cut 1,500 Jobs | Fox Business

On the whole, the week was pretty volatile thanks to some grim updates from Eastern Europe including the Malaysian Airlines jet crash near the Russian/Ukrainian border, escalating violence in Gaza and fresh sanctions imposed by the U.S. against Russia. In fact, on Thursday, etf double short dow the downing of the Malaysian airline led S&P 500 to suffer its worst slide since April 10 (down 1.18%), as per a Reuters report . However, U.S.
Source: http://finance.yahoo.com/news/last-weeks-etf-highlights-coffee-150322277.html

Obama To Meet Texas Governor, A Critic In U.s. Border Crisis – Yahoo News

Mark Udall’s re-election campaign. The president is scheduled to arrive in Denver Tuesday evening and give a speech on Wednesday. Obama later has a closed-door fundraiser for Udall, who is seeking a second term in the Senate. Udall’s race against Republican congressman Cory Gardner is one of the most competitive Senate races in the country. Gardner has hammered Udall’s support for Obama’s health care law.
Source: http://www.npr.org/templates/story/story.php?storyId=329499777&ft=1&f=

Obama getting cold shoulder in Colorado | Fox News

Many are fleeing extreme poverty, gangs and drug violence, as well as responding to rumors spread by smugglers that children who reach the U.S. border will be allowed to stay. On Sunday the governor sharply criticized the Obama administration for not moving more quickly to address the problem. “They either are inept or don’t care,” he told ABC News. Perry has called for National Guard troops to be sent to the border to help stem a surge of Central American nationals entering the United States illegally. View gallery In this June 19, 2014 photo, a 14-year-old Guatemalan girl traveling alone waits for a northbound fr On Monday, White House aide Valerie Jarrett wrote to invite Perry to take part in a session to discuss the border situation with local faith leaders and elected officials in Dallas on Wednesday.
Source: http://news.yahoo.com/obama-offers-meet-texas-governor-perry-over-border-131302915.html

Obama Coming To Colorado For Udall Fundraiser : NPR

“The speaker still supports deploying the National Guard to provide humanitarian support in the http://www.obamastudentloanforgiveness.net/ affected areas which this proposal does not address,” Steel added. The $3.7 billion in emergency funding is well above the $2 billion that previous reports indicated the president would request. Last Monday, Obama pledged to take executive action to help fix the broken immigration system amid signs that the Republican-controlled House does not plan to vote on an immigration bill this year. Obama said the first step he will take is to direct Homeland Security Secretary Jeh Johnson and Attorney General Eric Holder to move available and appropriate resources from the nation’s interior to the border. The president said he’s also asked Johnson and Holder to identify additional actions the administration can take within existing legal authorities to fix as much of the immigration system as possible.
Source: http://www.rttnews.com/story.aspx?Id=2346758

Obama Requests $3.7 Billion In Emergency Funds To Address Border Crisis

The administration says 52,000 unaccompanied children have flooded across the border since October. The administration wants to spend $39 million for more drone surveillance at the border. It wants to create 16 new drone crews and support 17,000 extra flight hours, according to a fact sheet on the spending request the White House releasedTuesday. A brigade of lawyers budgeted at $15 million would go to the border to provide representation for immigrant kids as they make their way through the judicial process. But the spending request didnt include proposals that would allow President Obama to speed deportations. The administration took flak from immigrant rights groups after saying it would spell out requests to give the Homeland Security secretary more discretion to send people back quickly.
Source: http://nypost.com/2014/07/08/obama-asks-congress-for-3-8b-to-help-kids-crossing-the-border/

Obama asks for $3.7 billion to address border crisis – Houston Chronicle

Photo By Jerry Lara / San Antonio Express-News In a scene increasingly common, Border Patrol agents question adult and minor immigrants southwest of McAllen. Photo By Photos by Jerry Lara / San Antonio Express-News Some members of a group of immigrants children in tow who walked up to U.S. border agents southwest of McAllen are escorted to a transportation van. Bryan Chavez, 17, who’s from El Salvador, checks out the bus ticket he received for Marine County, California, at the terminal in McAllen. Chavez, his father and his sister all trekked to the United States.
Source: http://www.chron.com/news/houston-texas/houston/article/Obama-asks-for-3-7-billion-to-address-border-5606816.php

Obama asks Congress for $3.7B to help kids crossing the border | New York Post

Mrs. Clinton was the industrys home state senator, and the financial sector was the second-largest giver to her presidential campaign in 2008. In her post-State Department life, she has been showered with lucrative speaking fees from Goldman Sachs, J. P. Morgan and other financial firms. In her talks, she says it is unproductive to vilify the industry, and she avoids the kind of language that puts off financial executives, as when President Obama referred to fat cat bankers in 2009.
Source: http://www.foxnews.com/politics/2014/07/08/obama-getting-cold-shoulder-in-colorado/

Stocks Drift In Holiday-shortened Week – Yahoo Finance

The stocks of home builders rose. D.R. Horton gained 73 cents, or 3.1 percent, to $24.57. Lennar gained 35 cents, or 0.8 percent, to $41.94. THE BACKDROP: Major stock indexes remain close to all-time highs after advancing in the second quarter amid signs that 4-3-13 best stocks to buy? the U.S.
Source: http://finance.yahoo.com/news/stocks-drift-holiday-shortened-week-162143816.html

Are Uranium Stocks a Good Contrarian Play?

Investors sold stocks in January as they worried about the impact of an unusually harsh winter on the economy. Stocks were also propelled higher by a turnaround in some of the riskier parts of the market. Internet, biotechnology and small-company stocks all rebounded after dragging the market lower in March. Company earnings, already at record levels, continued to grind higher. Even an escalating conflict in Iraq that pushed up oil prices in June wasn’t enough to stop stocks from rising.
Source: http://abcnews.go.com/Business/wireStory/us-stock-futures-drift-ahead-opening-bell-24363183

CANADA STOCKS-Miners lift TSX to highest-ever close
| Reuters

They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investors portfolio. To see our free report on these stocks, just click here now . Peter Epstein has no position in any stocks mentioned.
Source: http://www.fool.com/investing/general/2014/06/30/are-uranium-stocks-a-good-contrarian-play.aspx

Stocks End Mixed; S&P Closes Near All-Time High – ABC News

The benchmark index also recorded its fourth straight quarterly advance. These gains have pushed the index near its all-time intraday high that it hit in June 2008. “The TSX has finally caught up to where some of the other markets have been in the past couple of years,” said Philip Petursson, managing director, portfolio advisory group, at Manulife Asset Management. “It does set up for a little bit more enthusiasm for the Canadian market,” he added.
Source: http://www.reuters.com/article/2014/06/30/markets-canada-stocks-idUSL2N0PB25M20140630?feedType=RSS

Must-know: Analyzing The Growing Demand For Etfs In The Us – Yahoo Finance

Retail investors have alsobecomemoreinterested in this investment class because of the many advantages itoffers youover other asset classes.We talked about these advantages inPart 2 of this series. companies like Apple, Inc. (AAPL), Exxon Mobil Corp. (XOM), and Microsoft Corp. (MSFT).
Source: http://finance.yahoo.com/news/must-know-analyzing-growing-demand-130014174.html

Once Again, 3D Printers Ignite Robotics ETF – Yahoo Finance

At the industry level, ROBO remains one of the most credible options for investors looking to gain exposure to 3D printing stocks via the ETF wrapper. Like so many momentum stocks, 3D printers were savagely repudiated earlier this year. But like other momentum fare, 3D printers have recently roared http://www.etftradingsignals.com/ back. [An ETF With 3D Printing Exposure] 3D Systems ( DDD ) cleared its 50-day moving average, broke its declining 2014 trendline to the upside and even completed an arguable double-bottom pattern. Money also began to flow back into the stock, according to a rising on-balance volume indicator, and suddenly it is back in vogue.
Source: http://finance.yahoo.com/news/once-again-3d-printers-ignite-130038588.html

ETF Preview: ETFs, Futures Higher as Private-Sector Jobs Ramp Up in June – NASDAQ.com

If the data continues along the runway that its at, theres no reason why it cant move faster. Accordingly, investors can utilize a range of fixed-income ETF options to mitigate the negative effects of rising rates, as witnessed last year. For starters, investors can go down the yield curve with short-duration bond ETFs. Treasury ETF ( SCHO ) has a 1.97 year duration and Vanguard Short-Term Government Bond ETF ( VGSH ) has a 1.9 year duration. Duration is a measure of a bond funds sensitivity to changes in the interest rates, so a 1% increase in interest rates could translate to about a 1.9% decline in each of these short-term ETFs.
Source: http://finance.yahoo.com/news/bond-etf-strategies-shield-against-120014531.html

Bond ETF Strategies to Shield Against Rising Rates – Yahoo Finance

He expects to start treatment shortly for eight weeks and expects to continue working during that period, although his travel will be limited. Energy Dow Jones U.S. Energy Fund (IYE) and Energy Select Sector SPDR (XLE) were unchanged. In corporate news, Gran Tierra (GTE, GTE.TO) late Tuesday said President Duncan Nightingale has been appointed as the new chief operating officer, succeeding Shane O’Leary, who has elected to retire. Senior Operations Manager Adrian Coral will be promoted to president. Nightingale is a professional Geologist with a total of 32 years of corporate head office, while Coral is a professional Engineer with a total of 18 years of experience in the oil and gas industry.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-as-private-sector-jobs-ramp-up-in-june-cm366988