Stocks Close Mostly Higher On Various Positive Catalysts – U.s. Commentary

Closing Bell July 15 – Business Insider

Computer hardware, energy, and semiconductor stocks also moved to the upside on the day, while some weakness was visible among biotech and banking stocks. Other Markets In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance during trading on Wednesday. Japan’s Nikkei 225 Index edged down by 0.1 percent, while Hong Kong’s Hang Seng Index rose by 0.3 percent. Meanwhile, the major European markets all showed strong moves to the upside on the day.
Source: http://www.rttnews.com/story.aspx?Id=2350665

Each reading was 10 basis points lower than economists had expected, but production was still 4.4% higher year over year and a sign that industries are still increasing their output, albeit at a slow pace. The producer price index for last month increased 0.4%, seasonally adjusted, coming in ahead of expectations and reversing the 0.2% monthly decline from the previous month. Gasoline prices drove much of the gain, and wholesale prices continue to improve over last year’s levels. Separately, homebuilder confidence rose to its best level in six months, with a July index reading of 53. The latest index, by being higher than 50, indicates homebuilders are more upbeat than downbeat on current housing conditions.
Source: http://finance.yahoo.com/news/stocks-higher-data-earnings-160000522.html

US stocks move higher; Time Warner soars – Yahoo Finance

“There’s no indication that the U.S. is going to stop earlier with (stimulus) than what the market had been expecting,” said Abri du Plessis, chief investment officer of Gryphon Asset Management. He however added that potential interest rate hikes in South Africa were a worry. “I’m a bit concerned about valuations.
Source: http://news.yahoo.com/south-africa-stocks-record-high-valuations-concern-162623347.html

Stocks Higher After Data, Earnings – Yahoo Finance

Economists were expecting the index to decline to 17.0. According to the New York Fed, this was the reading’s highest level in over four years. Following the report, Sam Coffin at UBS said, “The Empire State survey has generally appeared consistent with the rebound in growth and rebuilding of inventories that we see for Q2: its average level of 13.2 was the highest since [the first quarter of 2012].” 5) Before the market open, JPMorgan top 10 stocks to buy right now and Goldman Sachs both reported quarterly earnings, with both banks beating on the bottom line. JPMorgan reported Q2 earnings per share, excluding certain items of $1.46. Analysts were expecting earnings of $1.31.
Source: http://www.businessinsider.com/closing-bell-july-15-2014-7

South Africa stocks at record high, but valuations a concern – Yahoo News

Investors are keeping an eye on Federal Reserve Chair Janet Yellen, who is testifying to Congress for a second day. The Dow Jones industrial average rose 36 points, or 0.3 percent, to 17,106 in midday trading Wednesday. The Standard & Poor’s 500 index rose three points, or 0.2 percent, to 1,976. The Nasdaq rose four points, or 0.1 percent, to 4,420.
Source: http://finance.yahoo.com/news/us-stocks-move-higher-time-133731306.html

Obama, Perry To Meet In Texas, Talk Border Problems – Washington Times

A Rasmussen poll Monday found that 46 percent of education loan forgiveness those surveyed blame the administrations policies for the surge of illegal immigrant children (31 percent disagreed); a Gallup poll in late June showed two-thirds of Americans disapprove of the presidents handling of immigration policy. Anger over the emergency at the southern border could motivate more conservative voters in November, political analysts say, but the Republican base already is more eager to vote than Democrats this year. It might increase the turnout among some people to vote against Democratic candidates, but a lot of those people were fired up anyway, said Republican pollster Whit Ayres, president of North Star Opinion Research. Obamacare had folks on the center-right fired up to go vote before any of this happened. Democrats are expressing concern that the administrations handling of the immigration surge could drag them down, just when they appeared to gain the upper hand in the debate because of House Republicans decision not to pass an immigration bill this year. Rep.
Source: http://www.washingtontimes.com/news/2014/jul/8/obama-perry-to-meet-in-texas-talk-border-problems/?utm_source=RSS_Feed&utm_medium=RSS

“I’m not inclined to support any policy change that ultimately undermines existing law and would violate the right of someone who is actually a legitimate refugee,” said Sen. Robert Menendez of New Jersey, a Democrat of Cuban descent who chairs the Senate Foreign Relations Committee. “Each child should be able to make their case as to why they qualify. Many will be sent back but others will qualify.” No border visit Obama has come under criticism from Republicans and some Democrats for not planning to visit the border area during his Texas trip, which will include a Democratic Party fundraising event. Former Arkansas Gov.
Source: http://www.cnn.com/2014/07/08/politics/immigration/index.html

Immigration: Barack Obama in Political Bind Over Unaccompanied Minors – TIME

Fahrenkopf, in the ad, says her husband is incredibly smart, he can fix anything. Toms an optimist who gets things done. Foley, as he stands with his wife, says: Connecticuts problems can be fixed with smarter policies and new direction. Nobody should be doing better than right here in Connecticut. Its time to restore prosperity and optimism in our great state. CRIST PROMISES SPENDING, MINIMUM WAGE HIKES Former Gov. Charlie Crist, D-Fla., launched his first TV ad Monday touting Crists support of Floridas working and middle class when he was governor. Were famous for our sunshine here, but for many work starts before it comes up and continues long after it comes down, Crist says.
Source: http://www.foxnews.com/politics/2014/07/08/obama-getting-cold-shoulder-in-colorado/

Obama getting cold shoulder in Colorado | Fox News

‘I Don’t Wish It on Anyone’: Young Migrant Journeys from Violence to Legal Limbo NBC News Raju The Elephant Cries After Being Rescued Following 50 Years Of Abuse, Chains Huffington Post Israeli-Palestinian Conflict Brings Heaviest Fighting in Years NBC News Our hope and expectation consistent with the incoming we have received from both parties is that this will be treated as the urgent humanitarian situation that it is, said a White House official who briefed reporters about the request. But nothing is quite so simple in Washington these days. By sending the request to Congress, Republicans, who are outraged over Obamas immigration policies, will now have an opportunity to express their fury in must-sign legislation, possibly attaching policy riders or demanding budget cuts elsewhere. The Appropriations Committee and other Members, including the working group on the border crisis led by Rep. Kay Granger, will review the White House proposal, Michael Steel, a spokesman for House Speaker John Boehner, said in a statement.
Source: http://time.com/2966469/obama-immigration-unaccompanied-minors/

Obama tells Afghan candidates violence would end US aid – Yahoo News

Please enter your Phone Number. Send Thanks! A link has been sent. Done Obama tells Afghan candidates violence would end US aid 2 hours ago . View photo US President Barack Obama waves before boarding Air Force One on July 8, 2014 at Andrews Air Force Base in Maryland (AFP Photo/Jewel Samad) Washington (AFP) – US President Barack Obama warned the two candidates in Afghanistan’s disputed presidential election that violence or taking “extra-constitutional means” would result in him stopping US assistance to the war-torn country, the White House said Tuesday. In phone calls to Ashraf Ghani and Abdullah Abdullah, Obama “stressed that the United States expects a thorough review of all reasonable allegations of fraud to ensure a credible electoral process,” the White House said in a statement.
Source: http://news.yahoo.com/obama-tells-afghan-candidates-violence-end-us-aid-233857010.html

Obama: ‘what Have You Done To My House?’ – Jun. 20, 2014

military advisers will arrive in Iraq as soon as Saturday, a senior defense official told CNN on Friday. This first group from outside Iraq is expected to be very small, the official said. Meanwhile, some U.S. military personnel already in Iraq at the security cooperation office in the U.S. Embassy in Baghdad will be reassigned and become the first of the advisers to go to work, Pentagon press secretary Rear Adm.
Source: http://www.cnn.com/2014/06/20/politics/obama-iraq/index.html

Done Obama expands government benefits for gay couples By JOSH LEDERMAN June 20, 2014 8:25 PM 0 shares . View photo FILE – In this June 13, 2014 file photo, President Barack Obama speaks on the South Lawn of the White House in Washington. The Obama administration will work to ensure that gay and lesbian Americans are eligible to take leave from their jobs to care for a same-sex spouse, regardless of whether they live in a state that recognizes gay marriage, the White House said Friday, June 20, 2014. (AP Photo/Pablo Martinez Monsivais, File) WASHINGTON (AP) A year after the Supreme Court struck down a law barring federal recognition of gay marriages, the Obama administration granted an array of new benefits Friday to same-sex couples, including those who live in states where gay marriage is against the law. The new measures range from Social Security and veterans benefits to work leave for caring for sick spouses. They are part of President Barack Obama’s efforts to expand whatever protections he can offer to gays and lesbians even though more than half of the states don’t recognize gay marriage.
Source: http://news.yahoo.com/obama-expands-government-benefits-gay-couples-210710970–finance.html

Barney Frank pursued, with the blessing of the nation’s largest gay rights group, legislation prohibiting discrimination against gays and lesbians, but not transgender people. As Frank put it plainly, there were not enough Democratic votes to get a “trans-inclusive” law through the House. Transgender advocates who had lobbied for legal recognition of same-sex relationships were livid and persuaded more than 100 civil rights groups to oppose a bill that left transgender rights for another day. “The community was forced to decide: Where are you going to stand?” recalled Diego Sanchez, who was the first openly transgender person appointed to the DNC’s platform committee and later became the first transgender staff member on Capitol Hill as Frank’s top senior policy adviser. At the 2008 Democratic convention where Obama was nominated, 28 years after the party pledged to fight discrimination based on sexual orientation, language was added to accomplish the same for gender identity.
Source: http://www.huffingtonpost.com/2014/06/21/obama-transgender-rights_n_5517676.html

The event was devoted to the future of innovation. The idea: bring together makers, hobbyists and inventors to show off the creativity of American entrepreneurs. The maker movement, which empowers folks to build their ideas on their own, has gone from niche to mainstream, and the administration has taken notice. Although the maker movement isn’t new, many of the technologies that have driven the movement have recently become mainstream and accessible. “Today’s D.I.Y.
Source: http://money.cnn.com/2014/06/20/technology/innovation/maker-faire-white-house/index.html

The dispute inside the Republican Party on intervention also continued on Sunday. Sen. Rand Paul (R-Ky.) said he thought the U.S. should avoid getting involved in a civil war between the feckless Iraqi government, allied with Iran, and militants allied with Al Qaeda. 60 You have to ask yourself, are you willing to send your son, am I willing to send my son to retake back a city, Mosul, that they weren’t willing to defend themselves, http://www.obamastudentloanforgiveness.net Paul said on “State of the Union.” I’m not willing to send my son into that mess. Former Vice President Dick Cheney, a strong advocate for the 2003 Iraqi invasion during the Bush administration, on Sunday doubled down on his criticisms of Obama for not doing more in Iraq, in the Syrian civil war and the rest of the region. When were arguing over 300 advisers when the request had been for 20,000 in order to do the job right, Im not sure weve really addressed the problem, Cheney said on ABCs “This Week.” He said the president has left a “vacuum” that is being filled by ISIS.
Source: http://www.latimes.com/world/middleeast/la-fg-obama-sunday-iraq-20140622-story.html

Why You Should Buy Stocks Today – - Msn Money

3 Stocks Crushed by the Market This Week (CLVS, PBYI, RTRX)

In the 2000-02 bear market, the S&P plunged 47 percent, and in 2007-09, it did even worse, sinking 55 percent (both figures include dividends). Since 1926, large-company stocks have returned an annualized 10.1 percent, according to Ibbotson Associates — almost three times the return so far this century. Wiener’s study provides evidence of the merits of dollar-cost averaging — good stocks to buy right now that is, investing a fixed amount at regular intervals, in this case once a year. Indeed, if you had invested $1,000 annually in the S&P on the last day of the year from 1999 through 2013, you would have earned a 7.0 percent annualized return by April 30 — almost double what a one-time, lump sum investment at the start of the century would have produced.
Source: http://money.msn.com/how-to-invest/why-you-should-buy-stocks-today

Stocks move higher as US jobs grow at healthy clip

government reported more healthy job growth in May. The Standard & Poor’s 500 index notched its eighth record high in the last 10 trading days. Post to Facebook Stocks move higher as US jobs grow at healthy clip Stocks are closing higher after the U.S. government reported more healthy job growth in May. The Standard & Poor’s 500 index notched its eighth record high in the last 10 trading days.
Source: http://www.azcentral.com/videos/money/business/career/2014/06/08/10199957/

Young man working on laptop © ONOKY-Eric Audras, Getty Images

The closely watched benchmark is supposed to mirror key sectors of the economy, a role that seems perfectly suited for Apple given the popularity of the company’s products and its $171 billion in annual revenue. But Apple’s high stock price made it impractical to include the company in the Dow. That’s because the Dow’s value is calculated in a way that gives greater weight to the companies with the highest stock prices. The method has discouraged the Dow Jones selection committee from picking companies with stock prices trading at more than $300. Visa Inc.
Source: http://abcnews.go.com/Business/wireStory/things-apples-stock-split-24051561

5 Things to Know About Apple’s Stock Split – ABC News

economic prospects By By Lisa and Twaronite 3 hours ago 0 shares . View photo Employees of the Tokyo Stock Exchange (TSE) look at a monitor at the bourse at the TSE in Tokyo March By Lisa and Twaronite NEW YORK (Reuters) – Asian stocks basked in the glow of a record close on Wall Street after bright U.S. jobs data pointed to improving economic momentum, while the dollar gained on Monday on rising U.S. Treasury yields. U.S.
Source: http://news.yahoo.com/asia-stocks-rise-brightening-u-economic-prospects-003314319–finance.html

Asia stocks rise on brightening U.S. economic prospects – Yahoo News

Which health-care stocks got crushed by the market this week? Find out by watching the following slideshow. Will this stock be your next multibagger? Give us five minutes and we’ll show how you could own the best stock for 2014. Every year, The Motley Fool’s chief investment officer hand-picks one stock with outstandingpotential.
Source: http://www.fool.com/investing/general/2014/06/08/3-stocks-crushed-by-the-market-this-week.aspx

China Etf Hedging Costs At Record Low On Stimulus Wagers – Bloomberg

Instead, theyre getting a 30-stock fund thats 8% Visa /quotes/zigman/502306/delayed /quotes/nls/v V and underweight sectors like tech and consumer non-cyclicals, while overweighting industrials. Hougan deploys words like dinosaur and nice historical artifact to describe the Dow. Its a bicycle with a giant wheel in the front, he said Tuesday. That type of old-timey bicycle is shown in the adjacent photo. So why is the Dow ETF even around?
Source: http://blogs.marketwatch.com/thetell/2014/06/11/why-the-dow-etf-is-losing-assets-and-a-little-bit-dangerous/

The chart below shows the one year price performance of HYG, versus its 200 day moving average: Looking at the chart above, HYG’s low point in its 52 week range is $88.27 per share, with $95.07 as the 52 week high point – that compares with a last trade of $94.90. 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. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
Source: http://www.nasdaq.com/article/noteworthy-etf-inflows-hyg-cm361591

Mixed News about China: Weekly International ETF Report

The government stimulus is still much more muted than weve seen in the past, which reflects reluctance to re-inflate credit bubbles, Lascelles said in a phone interview from Toronto last week. Policy makers are walking a tightrope, attempting to keep the economy going without encouraging further credit excesses. In my opinion, this will be hard to do. Communist Policy The Communist Party is trying to boost growth without repeating the mistakes of its $586 billion stimulus begun in 2008, which caused a record buildup of debt and inflated property bubbles. President Xi Jinping said earlier this year that the nation needs to adapt to a new normal in the pace of growth. Fiscal policy measures announced in April should help authorities reach this years growth target, although most of the investments will be debt financed and likely add to imbalances and vulnerabilities, the World Bank said in a June report.
Source: http://www.bloomberg.com/news/2014-06-15/china-etf-hedging-costs-at-record-low-on-stimulus-wagers.html

PSUs’ ETF gives 56% returns in just 75 days – The Times of India

It seems as though most of the commentary concerning Chinas economy although remaining relatively upbeat usually contains some apprehensive discussion about the downside risks which lie ahead. The June, 2014 edition of the World Banks Global Economic Prospects report had this to say about Chinas economy: Growth for China is expected to ease gradually to 7.6 percent in 2014 and to 7.4 percent by 2016, with less, but only gradually declining reliance on credit-induced investment-led growth. Given the fact that Chinas economic growth target for 2014 is 7.5 percent, one might easily assume that Premier Li Keqiangs response to the report could have been: Ill take it! On June 2, the May official manufacturing PMI from Chinas National Bureau of Statistics rose to 50.8 from Aprils 50.7. Although a reading above 50 indicates redirected expansion, a number of economists have explained that Chinas manufacturing PMI needs to clear 51 to establish some escape velocity. On June 3, the HSBC China Manufacturing PMI report indicated that Chinas manufacturing PMI increased to 49.4 in May, from Aprils 48.1. Although a reading below 50 indicates contraction, the improvement from April reinforced the notion that the nations recent economic slowdown was just a temporary setback. On June 9, the General Administration of Customs reported that the nations exports increased 7 percent in May, on a year-over-year basis. Economists had been expecting a 6.6 percent increase. Investors enthusiasm was subdued by the fact that imports fell 1.6 percent, compared with economists expectations for a 6.1 percent increase. Although Chinas trade surplus reached its highest level in five years, the slump in imports signaled sluggishness in the domestic economy because of reduced demand.
Source: http://www.wallstreetsectorselector.com/investment-articles/editors-desk/2014/06/mixed-news-china-weekly-international-etf-report/

JPMorgan’s ETF Debut Set for Tuesday – Focus on Funds – Barrons.com

Get the influencer badge when other people Recommend or Agree with your comments on Timesofindia.com. Influencer News King Read articles, watch exclusive videos or browse through our photo gallery to become a News King on Timesofindia.com News King Top Headlines in your inbox! Subscribe to the TimesofIndia.com. newsletters and become an Inboxer. Inboxer Member Members are registered users on Timesofindia.com. Only they are qualified to earn badges and points for their activities.
Source: http://timesofindia.indiatimes.com/business/india-business/PSUs-ETF-gives-56-returns-in-just-75-days/articleshow/36365722.cms

Why the Dow ETF is losing assets and ‘a little bit dangerous’ – The Tell – MarketWatch

Morgan Chase ( JPM ) gets moving next Tuesday with the launch of the firms first fund, according to a just-released exchange filing . JPMXF Diversified Return Global Equity ETF, we reported ,is built with four attributes in mind: (1) finding stocks which exhibit low volatility, (2) stocks with value characteristics, (3) momentum and (4) size. Bloomberg Going passive Back in February, this blog previewed a lineup that the giant bank has no problem calling smart beta. The term has come under fire in the ETF industry and elsewhere for being vague , overpromising and something of a hash by fund marketing departments. Do you really want to call these ETFs smart beta? I put the question toBob Deutsch, head of JPMs ETF business, earlier this year.
Source: http://blogs.barrons.com/focusonfunds/2014/06/13/jpmorgans-etf-debut-set-for-tuesday/

Obama To Take Executive Steps On Student Loans – Abc News

The Senate is expected to debate the legislation next week, but it faces significant obstacles. The dual strategy – taking executive action while urging Congress to finish the job – has become Obama’s signature playbook this year . Stymied by gridlock as Congress marches toward the midterm elections, he has repeatedly sought ways to go around Congress with modest steps that underscore his pitch from the bully pulpit for Congress to finish the job. “While Congress decides what it’s going to do, I will keep doing whatever I can without Congress to help responsible young people pay off their loans,” Obama said. Echoing Obama’s call to action on student loan debt are Education Secretary Arne Duncan and Jill Biden, the wife of Vice President Joe Biden, who planned to join Obama for the White House event on Monday.
Source: http://www.cbsnews.com/news/obama-looks-for-ways-to-ease-student-loan-debt/

Lawmakers: Obama releasing Taliban detainees with no notice first step in closing Guantanamo | Fox News

Check back soon for further information. AP’s earlier story is below. President Barack Obama used the college commencement season Saturday to get behind Senate Democratic legislation that would let college graduates with heavy debts refinance their loans. The Senate is expected to debate the legislation next week, but it faces significant obstacles. In his weekly radio and Internet address, Obama noted the program would be paid for by doing away with tax loopholes for millionaires.
Source: http://abcnews.go.com/Politics/wireStory/obama-executive-steps-student-loans-24043210

The new Ukrainian leader said talks could begin Sunday raising hopes for an easing of the crisis. Before their lunch encounter, Obama and Putin seemed to go out of their way to give each other the cold shoulder. As the world leaders gathered for a photo, Obama and Putin ignored each other, even though they were just feet apart in the front row, separated by two queens and French President Francois Hollande. Thibault Camus/AP A group of military enthusiasts stand on Omaha Beach. The group headed into the chateau for lunch, with Obama so close to Putin he could have tapped him on the shoulder. Instead, Obama continued talking with Queen Elizabeth and more than once slowed his steps, putting distance between him and his Russian counterpart.
Source: http://www.nydailynews.com/news/politics/obama-visits-omaha-beach-70th-anniversary-world-war-ii-d-day-article-1.1819433

He recently got an amendment attached to the legislation that would require a congressional vote — not just a 60-day notice — on any administration plan to close the prison by sending detainees to the United States. However, such a plan will likely have no immediate impact considering the Senate is not expected to vote on it http://www.obamastudentloanforgiveness.net/ until after the November elections. Obama has repeatedly stated his intentions to close the facility, dating back to his 2008 White House campaign, and restated his case as recently as last month. What makes us exceptional is not our ability to flout international norms and the rule of law; it is our willingness to affirm them through our actions, he said during a May 28 foreign policy speech at the U.S. Military Academy-West Point, N.Y.
Source: http://www.foxnews.com/politics/2014/06/07/lawmakers-obama-releasing-taliban-detainees-with-no-notice-first-step-in/

VFW National Commander William Thien wrote in an open letter on Friday that if Obama can break U.S. policy on talking with terrorists to secure the freedom of Army Sgt. Bowe Bergdahl then he should be able to call Mexican President Enrique Pena Nieto and ask for Tahmooressi’s release. ADVERTISEMENT ADVERTISEMENT “We understand that the U.S. State Department and our embassy in Mexico are working this, but that’s too much political bureaucracy,” Thien says in his letter. “The VFW urges you to show the same sense of urgency toward Tahmooressi as you did to secure the release of Bergdahl.
Source: http://www.foxnews.com/us/2014/06/08/vfw-demands-obama-get-marine-from-mexico/

Obama and Putin Talk At D-Day Celebration – ABC News

Obama and Putin Draw Cheers and Laughs When They Smile on Split Screen Obama and Putin were first spotted together at a picture for the heads of state attending the luncheon, including Queen Elizabeth II, who wore a white and green dress with a green hat. In the group photo, Obama and Putin stood with three people between them. (Regis Duvignau/AP Photo) As the leaders started to return to the Chateau, Obama checked on Queen Elizabeth while Putin spoke with Hollande. At one point in their walk, Obama stood right behind Putin, so close he could have tapped him on the shoulder. Instead, Obama seemed to focus his attention elsewhere, as if Putin werent inches away.
Source: http://abcnews.go.com/blogs/politics/2014/06/obama-and-putin-talk-at-d-day-celebration/

Us Stocks-dow, S&p 500 End At Record Highs After Data | Reuters

3 simple rules to make money in stocks – Rediff Getahead

<img src='http://i.imgur.com/z5tKPRs.jpg&#039; width='500px' style='float:left;padding:5px' good stock picks today />

consumer spending fell for the first time in a year in April, but the decline probably will not change expectations for a rebound in growth this quarter. An inflation gauge rose at its quickest pace since November 2012 while business activity in the U.S. Midwest rose in May at its strongest pace since October 2013. “Very mixed signals, which prevents bears from getting aggressive and keeps bulls in place. It’s effectively forestalled any real significant directional shift to what we’ve seen thus far,” said Peter Kenny, chief executive officer of Clearpool Group in New York.
Source: http://www.reuters.com/article/2014/05/30/markets-usa-stocks-idUSL1N0OG22N20140530

Marijuana Stocks and Why Investors Can’t Profit From Colorado’s Pot Boom

Maximum this portfolio should contain is about 4 to 5 shares. My take: of course each one of us is different. Here’s what is required to make money in the stock market… 1. Low entry costs I have entered in many stocks at very low levels and would stick to them even during a bad period.
Source: http://www.rediff.com/getahead/slide-show/slide-show-1-money-3-simple-rules-to-make-money-in-stocks/20140601.htm

Stocks slip on consumer spending, sentiment data – Yahoo Finance

NO SALE: Consumer spending unexpectedly fell 0.1 percent in April, according to the Commerce Department. The drop was the first in a year, but economists expect it to be temporary. In a separate report, the University of Michigan’s consumer sentiment index fell more than analysts were expecting. The index fell to 81.9 in May from 84.9 in April.
Source: http://finance.yahoo.com/news/stocks-slip-consumer-spending-sentiment-170128792.html

pic.twitter.com/0CoXvp7J67 German Lopez (@germanrlopez) May 20, 2014 Watch as they discuss the current state of Marijuana stocks, including Advanced Cannabis Solutions (Nasdaq: CANN) and GW Pharmaceuticals (Nasdaq: GWPH), and why investors should continue watching from the sidelines for now. Will this stock be your next multi-bagger? Give us five minutes and we’ll show how you could own the best stock for 2014. Every year, The Motley Fool’s chief investment officer hand-picks one stock with outstandingpotential. But it’s not just any run-of-the-mill company.
Source: http://www.fool.com/investing/general/2014/05/31/marijuana-stocks-and-why-investors-cant-profit-fro.aspx