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/

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