Obama’s Reaction To Ferguson Raises Questions About President’s Role : Npr

He offered those remarks at a Justice Department black history month event, just days after he took office. That kind of blunt talk is what some of the president’s black supporters wish Obama would try more often. But can he? Comedians Keegan-Michael Key and Jordan Peele built a now famous series of skits around Obama’s reserve . The president is played by Peele and Key serves as his official Anger Translator, Luther.
Source: http://www.npr.org/2014/08/22/341935015/obamas-reaction-to-ferguson-raises-questions-about-presidents-role?utm_medium=RSS&utm_campaign=us

Obama urges renewal of US Export-Import Bank – Quincy Herald-Whig | Illinois & Missouri News, Sports

Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October. Some Republican lawmakers who supported the bank in past years now want to put it out of business.
Source: http://www.whig.com/story/26352391/obama-urges-renewal-of-us-export-import-bank

Obama to visit N.C. for American Legion convention | HamptonRoads.com | PilotOnline.com

Park was heavily involved in the effort to try to fix the bugs. His move to California signals a growing effort by the government to try to recruit from Silicon Valley. Earlier this month, Park helped the White House lure Google engineer Mikey Dickerson to Washington to take a role bolstering the government’s computer systems. In his new assignment, Park will help channel ideas from the tech community, the source added. It is unclear who will replace Park.
Source: http://news.yahoo.com/obama-tech-policy-maven-moves-silicon-valley-role-004623678–finance.html

Obama and ‘History’ – Yahoo News

A statement released from the White House Press Office on Friday said Obama will address the convention Tuesday. The statement said more details will be made available in the next few days. The continue American Legion is holding its 96th annual national convention at the Charlotte Convention Center. In addition to the president, North Carolina Sens. Kay Hagan and Richard Burr will also address the group Tuesday.
Source: http://hamptonroads.com/node/726467

Obama tech policy maven moves to Silicon Valley role – Yahoo News

But he must weigh that against his aversion to the risks that could come with plunging the United States into a country torn apart by an intractable internal conflict. Syrians Return to Battle-Scarred Homes White House officials have suggested that airstrikes in Syria are an option, though the officials say specific military proposals has not yet been presented to the president. “We’re actively considering what’s going to be necessary to deal with that threat, and we’re not going to be restricted by borders,” said Ben Rhodes, Obama’s deputy national security adviser. “We’ve shown time and again that if there’s a counterterrorism threat, we’ll take direct action against that threat, if necessary.” Even before Foley’s murder, Obama found himself on far different footing in the Middle East than he probably expected in the sixth year of his presidency. After running for the White House on a pledge to end the Iraq war and then making good on that promise in late 2011, Obama thrust the U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-faces-tug-military-action-syria-25095885

Obama Again Faces Tug of Military Action in Syria – ABC News

Apparently that’s OK, because according to the words of Martin Luther King Jr., which Obama had embroidered into the Oval Office rug, “The arc of the moral universe is long, but it bends toward justice.” James Foley’s family might not agree. Nor would the Yazidis, or the hundreds of thousands of Syrians murdered by gas and artillery and barrel bombs, or the 100,000 Bosnians and others killed in the heart of Europe in the late 20th century, or the 1 million Rwandans killed in 1994, or the roughly 2 million Cambodians massacred between 1975 and 1979. History, in all cases, looked on impassively. In Obama’s telling, history is making American might unnecessary because the “tide of war is receding.” Others believe that wars are won or lost. They don’t ebb and flow like oceans. Sadly for the president and the country he leads, his own over-eagerness to disengage from global responsibilities and to back away from military commitments has stimulated just the sort of forces he describes as retrograde.
Source: http://news.yahoo.com/obama-history-070000866.html

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Stocks Reach New Highs; Bonds, Vix, And Volume Fall – Yahoo Finance

The S&P futures have closed higher 8 out of the http://www.todayhotstocks.com last 11 sessions, up 4 out of the last 5 or up 3 in a row. The rally has been a bone crusher and it doesnt look like its ready to stop. Right now the ESU is in need of a pull back but if the same price action persists today it will be easy pickings to S&P 2k. MTS Video 1 S&P 500 To Infinity And Beyond MTS Video 2 FED Minutes Throw Cold Water On S&P New Highs Video: Rithmic Webinar today As always, please use protective buy and sell stops when trading futures and options. In Asia 6 of 11 markets closed higher : Shanghai Comp.
Source: http://finance.yahoo.com/news/stocks-reach-highs-bonds-vix-131225984.html

STOCKS RALLY: Here’s What You Need To Know – Yahoo Finance

The S&P 500 has risen in five of the last seven sessions after bouncing at it 100-day moving average earlier this month. Investors have kept buying despite weakening economic data from Europe, focusing instead on strong employment trends in the United States. They’ve also been heartened by dissipating geopolitical tensions in Ukraine and the Middle East. Housing is a significant theme today, with Home Depot gaining 3 percent in early trading after beating estimates and raising guidance. Housing starts and building permits are due at 8:30 a.m.
Source: http://finance.yahoo.com/news/stocks-continue-bullish-momentum-131155150.html

Global stocks drift amid wait for US Fed signs – Yahoo News

FEDERAL RESERVE: It’s unclear when the U.S. Federal Reserve will start raising interest rates but many analysts predict sometime in 2015. That could be a plus for countries such as Japan, where giant exporter have much to gain from a strong dollar. Eyes are on the release of minutes Wednesday from the last Fed policy meeting and a speech later in the week by Federal Reserve Chair Janet Yellen. ANALYST TAKE: “Traders will turn their attention to the FOMC minutes later tonight, recalling a less-hawkish-than-expected minutes in July, which led to a sell-off in the dollar,” said Desmond Chua, market analyst with CMC Markets in Singapore.
Source: http://news.yahoo.com/global-stocks-drift-amid-wait-075636747.html

Stocks continue bullish momentum – Yahoo Finance

First, the scoreboard: S&P 500: 1,981.50, +9.8, (+0.5%) Nasdaq: 4,527.36, +19.1, (+0.4%) And now, the top stories on Tuesday: 1. The pace of housing starts rose 15.7% to an annualized pace of 1.093 million units in July, beating expectations for a pace of 965,000. Permits increased 8.1% to a rate of 1.052 million, which was in-line with expectations. Ian Shepherdson at Pantheon Macroeconomics had a mixed read on the report.
Source: http://finance.yahoo.com/news/stocks-rally-heres-know-200023563.html

An Enhanced New Index For Big China Etf Coming Soon – Yahoo Finance

Currently, the fund is largely concentrated on financials, which accounts for more than half of the portfolio, while telecommunications, oil & gas and technology round off the top four with double-digit allocations. The top three holdings Tencent Holdings, China Mobile and China Construction Bank collectively make up for 17.6% share. FXI charges 74 bps in fees per year from investors. Effective from September 22, FXI will track the FTSE China 50 Index.
Source: http://finance.yahoo.com/news/enhanced-index-big-china-etf-134039428.html

Mid-Day ETF Update: ETFs Mixed, Stocks Lower on Weak Earnings Reports; FOMC Meeting Minutes Still Ahead – NASDAQ.com

Market sentiment was gloomy, weighed down by disappointing financial results from a number of companies, including Lowe’s (LOW), Target (TGT) and Hertz (HTZ). In news abroad, UK stocks saw a modest sell-off following the Bank of England’s more-hawkish policy meeting minutes. In economic data news, the weekly MBA Mortgage Index rose 1.4% following last week’s decline of 2.7%. NovaBay Pharmaceuticals (NBY) tumbled 35% and reached a 52-week low of $0.69 after it announced its NVC-422 ophthalmic formulation did not meet the primary or secondary endpoints in a Phase 2 clinical study in patients with adenoviral conjunctivitis and the company does not plan to initiate any new studies of NVC-422 for the indication. Going forward the company plans to focus on the commercial launch of NovaBay’s i-Lid cleanser, supporting Pioneer Pharma in the commercial launch of NeutroPhase in China, pending China FDA approval, and the clinical development of NVC-422 Irrigation Solution for blockage and encrustation in indwelling long-term urinary catheters.
Source: http://www.nasdaq.com/article/mid-day-etf-update-etfs-mixed-stocks-lower-on-weak-earnings-reports-fomc-meeting-minutes-still-ahead-cm382229

First Trust Senior Loan Fund ETF (FTSL) Ex-Dividend Date Scheduled for August 21, 2014 – NASDAQ.com

go to website Among large Services stocks, Home Depot ( NYSE: HD ) and Michael Kors Holdings ( NYSE: KORS ) are the most notable, showing a gain of 2.7% and 2.5%, respectively. Consumer Services ETF (IYC), which is up 0.2% in midday trading, and up 4.72% on a year-to-date basis. Home Depot, meanwhile, is up 11.16% year-to-date, and Michael Kors Holdings is up 0.91% year-to-date. HD makes up approximately 4.4% of the underlying holdings of IYC.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/20/wednesday-sector-leaders-industrial-services/

Noteworthy ETF Inflows: EWG – NASDAQ.com

A cash dividend payment of $1E-06 per share is scheduled to be paid on August 29, 2014. This marks the 5th year that FTSL the same dividend. At the current stock price of $49.41, the dividend yield is %. The previous trading day’s last sale of FTSL was $49.41, representing a -1.18% decrease from the 52 week high of $50 and a 0.8% increase over the 52 week low of $49.02. For more information on the declaration, record and payment dates, visit the FTSL Dividend History page.
Source: http://www.nasdaq.com/article/first-trust-senior-loan-fund-etf-ftsl-ex-dividend-date-scheduled-for-august-21-2014-cm382042

California drought hurts honey production, leaves fewer crops and wildflowers for honeybees | Fox Business

California’s record drought hasn’t been sweet to honeybees, and it’s creating a sticky situation for beekeepers and honey buyers. The state is one of the country’s largest honey producers, with abundant crops and wildflowers that provide the nectar that bees turn into honey. But the lack of rain has ravaged native plants and forced farmers to tear out orchards and plant fewer crops, leaving fewer places for honeybees to forage. The historic drought is reducing supplies of California honey, raising prices for consumers and making it harder for beekeepers to earn a living. The drought is the latest blow to honeybees that have been decimated by pesticides, parasites and disease. The record low rainfall is worsening a worldwide shortage of honey that has pushed prices to all-time highs.
Source: http://www.foxbusiness.com/markets/2014/08/21/california-drought-hurts-honey-production-leaves-fewer-crops-and-wildflowers/

Wednesday Sector Leaders: Industrial, Services – Forbes

The chart below shows the one year price performance of EWG, versus its 200 day moving average: Looking at the chart above, EWG’s low point in its 52 week range is $25.58 per share, with $32.38 as the 52 week high point – that compares with a last trade of $28.78. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/noteworthy-etf-inflows-ewg-cm382105

Obama Citing Genocide Overcomes War Wariness With Strikes – Bloomberg

ambassador, were killed by radicals in attacks on U.S. facilities in Benghazi. Late last month, the U.S. staff was withdrawn from the embassy in Tripoli because of the danger. For limited strikes in Iraq, Obamas on safe legal ground and unlikely to be challenged by a Congress that is currently out of session, Koh said. The real question is: What if it doesnt do the job? he said.
Source: http://www.bloomberg.com/news/2014-08-08/obama-citing-genocide-overcomes-war-wariness-with-strikes.html

Obama intervenes in Iraq: lessons learned from Benghazi and Rwanda (+video) – CSMonitor.com

We dont to be witnesses to genocide. The air strikes Obama authorized are also within http://www.obamastudentloanforgiveness.net the presidents constitutional authority as commander-in-chief, Dunlap says and especially to the extent they are intended to protect American lives and American aircraft. The transport planes carrying out the humanitarian air drops are accompanied by fighter jets authorized to intervene in the case of attack. If anything, some critics say the actions taken by Obama are fine as far as they go, but still suggest a president dangerously reluctant to face the IS threat head on and to take the broader steps that defeating IS would require. The presidents authorization of airstrikes is appropriate, but like many Americans, I am dismayed by the ongoing absence of a strategy for countering the grave threat ISIS poses to the region, House Speaker John Boehner said in a statement Friday. Vital national interests are at stake, he added, yet the White House has remained disengaged despite warnings from Iraqi leaders, Congress, and even members of its own administration. White House officials say the president does indeed have a long-term strategy, but they say it is rooted in a conviction that it will be the Iraqis themselves, through a unified and inclusive government, backed by capable Iraqi security forces, that will defeat the IS threat. We are not launching a sustained US campaign against IS, a senior administration official says, because our belief is the best way to deal with the threat over the long term is for the Iraqis to do so.
Source: http://www.csmonitor.com/USA/Foreign-Policy/2014/0808/Obama-intervenes-in-Iraq-lessons-learned-from-Benghazi-and-Rwanda-video

Obama’s Iraq aim: contain, not destroy, extremists – News – NorthJersey.com

Kurdish Peshmerga take their positions behind a wall on the front line of the conflict with ISIS militants in Tuz Khormato, Iraq, on Wednesday, June 25. Peshmerga fighters clean their weapons at a base in Tuz Khormato on June 25. Female Peshmerga between 18 and 45 years old form a special unit that is called to serve in any conditions. A soldier is pictured here on June 25. A woman gathers bread in a temporary displacement camp for Iraqis on Tuesday, June 24. An ISIS fighter takes control of a traffic intersection in Mosul on Sunday, June 22.
Source: http://www.cnn.com/2014/08/08/opinion/borger-obama-reluctant-warrior/index.html

Obama: Reluctant warrior puts US back in Iraq (Opinion) – CNN.com

“Today, America is coming to help,” Obama said. “The U.S. cannot turn a blind eye.” An air drop of food, water and medicine made at the request of the Iraqi government has been completed, the president said in the statement from the White House. U.S. aircraft, escorted by fighter jets, dropped 5,300 gallons of fresh drinking water and 8,000 meals ready to eat.
Source: http://www.newschannel9.com/news/top-stories/stories/obama-authorizes-air-strikes-humanitarian-aid-mission-iraq-12027.shtml

WTVC NewsChannel 9 :: News – Top Stories – Obama Authorizes Air Strikes, Humanitarian Aid Mission in Iraq

Done By Eric Pfeiffer 2 hours ago Yahoo News View photo . President Obama has given the approval for airdrops of humanitarian aid to hundreds of thousands of Iraqis under attack from the Islamic State (IS) militants and is said to be considering whether to proceed with airstrikes against the militants. The reported approval of humanitarian aid came just hours after Kurdish officials claimed that airstrikes against Islamic State militants had already begun in the Northern region of Iraq. Minutes after several reports surfaced that the United States had conducted airstrikes in Iraq against forces of the Islamic State in Iraq and the Levant (ISIL), the Pentagon denied the story. A spokesman for the Kurdish armed forces said that U.S. aircraft had bombed two targets in Northern Iraq.
Source: http://news.yahoo.com/conflicting-reports-on-if-u-s–has-begun-airstrikes-in-iraq-to-fend-off-jihadists-220943877.html

Obama approves humanitarian aid to besieged Iraqis; reportedly considering airstrikes – Yahoo News

Bush currently is located in the Persian Gulf and was the launching site for Friday’s airstrikes. The crisis appears to be falling to Washington to deal with despite Obama’s consultations with other nations and the U.N. as the U.S. struggles with the parallel challenge of Islamic extremists’ gains in neighboring Syria. Vice President Joe Biden, in a call Friday to Iraqi President Fuad Masum, emphasized the threat the extremists present to all Iraqis and affirmed U.S.
Source: http://www.northjersey.com/news/obama-s-iraq-aim-contain-not-destroy-extremists-video-1.1064572

Obama Authorizes Air Strikes, Aid Mission In Iraq – Yahoo News

Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama Authorizes Air Strikes, Aid Mission in Iraq 1 hour ago Content preferences Done President Obama said tonight he has authorized “targeted” air strikes if necessary to protect American interests in Iraq from insurgent forces that are taking over the country’s northern cities. Politics & Government
Source: http://news.yahoo.com/obama-authorizes-air-strikes-aid-014725920.html

Obama considering ways to plug tax ‘loophole’ himself – Aug. 6, 2014

The administration had been delaying taking any military action against ISIS until there is a new Iraqi government. Both White House and Pentagon officials have said privately that the United States would not intervene militarily until Prime Minister Nuri Kamal al-Maliki stepped down. But administration officials said on Thursday that the crisis on Mount Sinjar may be forcing their hand. About 40 children have already died from the heat and dehydration, according to Unicef, while as many as 40,000 people have been sheltering in the bare mountains without food, water or access to supplies. Read More Islamic State fighters seize Iraq’s biggest dam The administration officials spoke on the condition of anonymity because they were not authorized to speak publicly.
Source: http://www.cnbc.com/id/101903553

Obama weighs options to help trapped Iraqis

US media, citing senior White House officials, said Obama was weighing military options after jihadists from the so-called “Islamic State” attacked Christian and Yazidi minority communities. There could be a humanitarian catastrophe there, an official told the New York Times, warning that a decision on military action was expected imminently this could be a fast-moving train. Obama came to office determined to end US military involvement in Iraq and in his first term oversaw the withdrawal of the huge ground force deployed there since the 2003 American invasion. But recent rapid gains by the Islamic State, a successor group to Al-Qaeda’s former Iraqi and Syrian operations, compelled him to send military advisors back to Baghdad evaluate the situation. The United Nations Security Council was to hold emergency talks on the crisis later Thursday, and France has pledged support for forces “engaged in battle” against the IS radicals. View gallery Iraqi Christians who fled the violence in the village of Qaraqush rest upon their arrival at the Sai The group, along with allied Sunni factions, is at war with Iraqi Prime Minister Nuri al-Maliki’s mainly Shiite government forces and with the peshmerga forces of the Kurdish autonomous region of the country.
Source: http://news.yahoo.com/obama-considering-iraq-air-strikes-173234202.html

Obama considering Iraq air strikes – Yahoo News

Done U.S. bombs twitter Islamic State after Obama call to prevent Iraq “genocide” 2 hours ago (Updates with IS fighter quote) * Obama says authorised air strikes to try to halt IS advance * U.S. planes drop relief supplies to Yazidi refugees * Sectarian violence across Iraq By Raheem Salman and Isabel Coles BAGHDAD/ARBIL, Iraq, Aug 8 (Reuters) – U.S. warplanes bombed Islamist fighters marching on Iraq’s Kurdish capital on Friday after President Barack Obama said Washington must act to prevent “genocide”. Islamic State fighters, who have beheaded and crucified captives in their drive to eradicate unbelievers, have advanced to within a half hour’s drive of Arbil, capital of Iraq’s Kurdish region and a hub for U.S.
Source: http://finance.yahoo.com/news/u-starts-aid-airdrops-iraq-101020589.html

Obama authorizes airstrikes in Iraq to stop genocide |
KING5.com Seattle

Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc.
Source: http://money.cnn.com/2014/08/06/news/economy/obama-tax-loophole/index.html?section=money_latest

U.S. bombs Islamic State after Obama call to prevent Iraq “genocide” – Yahoo Finance

military made an initial airdrop of meals and water to thousands of civilians threatened by militants on Thursday. The aircraft that made the drop safely exited the region after conducting a low level flight and staying over the area for 15 minutes. Three U.S. cargo aircraft delivered 72 bundles of supplies, including food and water, the Pentagon said. The aircraft were escorted by two FA-18 fighter attack jets. Innocent families face the prospect of “genocide,” Obama said, justifying U.S, military action that could eventually include airstrikes.
Source: http://www.king5.com/news/US-sending-Iraq-humanitarian-aid-weighing-strikes-270419301.html

Stocks Little Changed After Last Week’s Sell-off – Yahoo Finance

Excluding the impact of investments and derivatives, revenue increased hottest stocks to buy now 8% year over year. With expenses rising at a slower rate than revenue, and most of the gains from investments and derivatives falling straight to the bottom line, Berkshire reported a 29% increase in pretax earnings (to $8.9 billion) and a 41% increase in net earnings (to $6.4 billion). Foreign Markets European markets were mixed after the Portuguese bank rescue. In late trading, the Paris CAC was up 0.3%, the FTSE 100 was flat while Germanys DAX was down 0.6%. Asian shares were also mixed on the day.
Source: http://finance.yahoo.com/news/stocks-little-changed-last-week-160000286.html

Stocks Are Sliding And Traders Are Blaming Worrisome Russian Troop Movements – Yahoo Finance

The market had been moderately lower all day, weighed down by a disappointing earnings forecast from retail giant Target and a report on China that showed the world’s secondlargest economy was slowing down. The selling accelerated in afternoon trading. The Dow Jones industrial average fell nearly 200 points at one point, but recovered some of those losses in the last 30 minutes of trading. Several traders pointed to news reports of a buildup in Russian troops on the Ukraine border and comments from a Polish politician that reportedly said Russia was poised to invade or pressure Ukraine’s eastern border as catalysts for the selling. The developments came after the most recent round of sanctions were imposed on Russia by the U.S.
Source: http://www.herald-dispatch.com/business/x79059292/Stocks-sink-on-renewed-Russia-Ukraine-tensions

Stocks May Move Back To The Downside In Early Trading – U.S. Commentary – NASDAQ.com

Not long after the open, trading could be impacted by the release of a report from the Institute for Supply Management on service sector activity in the month of July. Economists expect the index of activity in the service sector to tick up to 56.5 in July from 56.0 in June, with a reading above 50 indicating growth in the sector. The Commerce Department is also scheduled to release a report on factory orders in the month of June, with orders expected to increase by 0.6 percent. After showing a lack of direction for much of morning trading on Monday, stocks showed a notable move to the upside over the course of the afternoon.
Source: http://www.nasdaq.com/article/stocks-may-move-back-to-the-downside-in-early-trading–us-commentary-20140805-00666

Stocks sink on renewed Russia-Ukraine tensions | The Herald-Dispatch

6, 2008. Stocks are sliding. The Dow was down as much as 200 points Tuesday. The S&P 500 was off 19 points, and the Nasdaq fell 33 points. Headlines about Russian troop movement near the border of Ukraine is one possible explanation for what’s spooking stocks.
Source: http://finance.yahoo.com/news/stocks-sliding-traders-blaming-worrisome-175400731.html

Monday Sector Leaders: Energy, Services – Forbes

Within that group, Noble Energy Noble Energy , ( NYSE: NBL ) and Anadarko Petroleum Anadarko Petroleum ( NYSE: APC ) are two large stocks leading the way, showing a gain of 6.4% and 5.3%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF ( AMEX: XLE ), which is up 1.5% on the day, and up 10.88% year-to-date. Noble Noble Energy, meanwhile, is up 4.98% year-to-date, and Anadarko Petroleum is up 40.74% year-to-date. Combined, NBL and APC make up approximately 5.0% of the underlying holdings of XLE. The next best performing sector is the Services sector, higher by 0.6%. Among large Services stocks, Gannett ( NYSE: GCI ) and Walgreen ( NYSE: WAG my website ) are the most notable, showing a gain of 3.9% and 2.5%, respectively.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/04/monday-sector-leaders-energy-services-2/

Use Options For a Chance To Buy ACMP at a 17% Discount – Forbes

Monday’s advance still left the Dow industrials in negative territory for the year. The blue-chip average ended Monday’s session just 7.38 points below its Dec. 31, 2013, close of 16,576.66, which was a record at the time. The U.S.-listed shares of Tekmira Pharmaceuticals slipped on Nasdaq in a roller-coaster day for the tech-heavy index. Tekmira was viewed as a possible provider of a treatment for an Ebola virus outbreak in Africa, but then CNN reported a drug from privately held Mapp Biopharmaceutical Inc had helped at least two patients.
Source: http://news.yahoo.com/futures-rise-selloff-earnings-focus-121753601–finance.html

Late surge lifts Wall Street; utilities sag – Yahoo News

equities in which a select pool of billionaires has allocated the most assets. In the spring of 2014, iBillionaire licensed the index to Direxion Investments, one of the most recognized ETF sponsors in the world, to launch an ETF. For more information about iBillionaire, please visit http://www.ibillionaire.me . There is no guarantee that the funds will achieve their objectives. For more information on all Direxion ETFs, go to direxioninvestments.com, or call us at 866.476.7523.
Source: http://www.prnewswire.com/news-releases/direxion-launches-etf-tracking-ibillionaire-index-269810881.html

Direxion Launches ETF Tracking iBillionaire Index — NEW YORK, Aug. 4, 2014 /PRNewswire/ —

That would result in a cost basis of $49.15 per share before broker commissions in the scenario where the contract is exercised. If the contract is never exercised, the put seller would still keep the premium, which represents a 1.7% return against the $50.00 purchase commitment, or a 2.7% annualized rate of return (at Stock Options Channel we call this the YieldBoost). Click here to find out the Top YieldBoost Puts of of Stocks with Recent Secondaries Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. That can also introduce near-term volatility which improves the premiums a put seller can achieve. Selling a put does not give an investor access to ACMPs upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. The chart below shows the one year performance of ACMP shares, versus its 200 day moving average: Looking at the chart above, ACMPs low point in its 52 week range is $44.75 per share, with $66.71 as the 52 week high point that compares with a last trade of $59.35.
Source: http://www.forbes.com/sites/stockoptionschannel/2014/08/04/use-options-for-a-chance-to-buy-acmp-at-a-17-discount/

Japan Stocks’ Early Gain Vanishes; Focus On Earnings | Fox Business

The company said Monday that it expects the site to be fully corrected this week. The government said Friday that GM’s vehicle identification number look-up system has been incorrectly telling some owners that their cars aren’t being recalled. That happened when the cars’ parts weren’t available. But the government says all recalls should be listed.
Source: http://www.foxbusiness.com/markets/2014/08/04/gm-reports-progress-in-recall-website-fix-says-all-recalled-vehicles-to-be/

GM reports progress in recall website fix, says all recalled vehicles to be listed this week | Fox Business

The blue-chip Nikkei Stock Average and the broader Topix both traded flat after each opened with a 0.2% gain, as the dollar bought 102.59, unchanged from its late-Monday level. Among the earnings-driven movers, e-commerce player Rakuten Inc. rallied 5.3% after promising better results for the current calendar year, even as its January-June net profit printed 10% below that of the year-earlier period. Isuzu Motors Ltd. likewise enjoyed a 4.5% gain despite a 23% drop in quarterly profit due in part to political turmoil in Thailand, while Tokyo Electric Power Co. added 1% on the back of its results.
Source: http://www.foxbusiness.com/markets/2014/08/04/japan-stocks-early-gain-vanishes-focus-on-earnings/