Etf Chart Of The Day: A Multi-sector Play

WFC occupies the top position in the fund’s basket at 10.59% while USB takes the eighth spot with a 3.60% share. From a sector perspective, banks make up for 55% share while financial services take the remaining portion (read: Can Bank ETFs Bounce Back After Recent Downgrade? ). The product is relatively popular among investors with AUM of $602.9 million and average daily volume of roughly 74,000 shares. The ETF charges 45 bps in fees per year from investors and gained nearly 40% this year.
Source: http://www.nasdaq.com/article/follow-warren-buffett-in-2014-with-these-sector-etfs-etf-news-and-commentary-cm314840

The NAV is not necessarily the same as an ETF’s intraday trading value. Investors should not expect to buy or sell shares at NAV. Total returns are based upon closing market price (price) of the ETF on the dates listed. Investors may call 888.MKT.VCTR or visit marketvectorsetfs.com for a free prospectus and summary prospectus . Investing involves risk, including possible loss of principal.
Source: http://www.reuters.com/article/2013/12/27/ny-market-vectors-etf-idUSnBw265157a+100+BSW20131227

December 2013 Additional Income Distributions for Market Vectors Agribusiness ETF and Market Vectors Brazil Small-Cap ETF

Categorized in the corporate bond category, MINC employs an active strategy where the portfolio managers employ active fixed income sector rotation and quality security selection, combined with disciplined risk management according to fund literature. The fact that MINC is actively managed has caught the attention of those looking for active acumen in the space, judging by its rising level of trading volume over time (approximately 10,000 shares ADV), and it certainly does not hurt that the manager, Newfleet Asset Management, is an investment subsidiary of the well-known Virtus Investment Partners, whose footprint and influence in the ETF managed portfolio space is already evident. Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer. All trades are executed through GWM Group (RLCC) and cleared by Fidelity (NFS)DTC number 0226. Street One Financial LLC makes available products and services offered by GWM Group Inc., a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Related
Source: http://www.etftrends.com/2013/12/etf-chart-of-the-day-a-multi-sector-play/

A-Shares ETF Launch a Sign of Increased EM Access

Often times, ETFs that are thinly traded or have underlying holdings with low volume are at risk for scalping your hard-earned money. This can occur when the bid/ask spread widens to abnormal levels or the market maker takes advantage of a drought in liquidity. One way to avoid getting a bad fill on entering or exiting an ETF is to use limit orders to ensure that your trades are executed at the price you desire. That way you are not susceptible to the whims of the market and ensure your trade will be a success. If your trade is not filled at a reasonable price, then you can adjust your limit order or walk away knowing that you dodged a bullet.
Source: http://investorplace.com/2013/12/what-really-matters-when-it-comes-to-etf-expenses/

What REALLY Matters When It Comes to ETF Expenses

China is not the only emerging market taking to steps to bolster foreign investment. Vietnam, a frontier market, has http://www.etftradingsignals.com been mulling proposals to increase foreign ownerships across various sectors, including financial services. Russia, a BRIC member along with China, in July 2014 will make local shares available through Euroclear, according to Institutional Investor. That could increase the allure of local Russian shares over global depositary receipts listed in London. Additionally, Russian policymakers have been attempting to force state-run companies to increase the percentage of profits paid out in dividends in a bid to lure more foreign investors.
Source: http://www.etftrends.com/2013/12/a-shares-etf-launch-a-sign-of-increased-em-access/

Advertisements

Stocks: Break Out The Champagne!

<img http://answers.yahoo.com/question/index?qid=20131207102553AAXvB0j src=’http://i2.cdn.turner.com/money/dam/assets/131227144703-dow-ytd-620xa.png&#8217; width=’200px’ alt=’dow ytd’ style=’float:left;padding:5px’ />

Google+ Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer . Morningstar: 2013 Morningstar, Inc. All Rights Reserved.
Full story: http://money.cnn.com/2013/12/29/investing/stock-market-lookahead/index.html

Stocks End On A High Note Before Christmas

US Stocks Edge Higher Ahead of Christmas Holiday

Inside North Wests Chic Christmas

The S&P 500 index is up 28.6 percent for 2013, or 30.9 when dividends are included, its best year since 1997. With four trading days left in the year, many traders expect stocks to continue higher until New Year’s Eve. “Nothing has derailed this market this year, even with all the bad headlines of 2013,” said Jonathan Corpina, a New York Stock Exchange floor trader with Meridian Equity Partners. “We still have end-of-the-year cash coming in.” Few investors expect stocks to continue to rise at this pace through 2014. On average, market strategists with the major investment banks expect the S&P 500 to rise to 1,900 by the end of 2014, barely above where the index is trading at now.
Source: http://news.yahoo.com/stocks-end-high-note-christmas-183227508–finance.html

US stocks edge higher in midday trading

The rally was fueled by strong economic data and the U.S. Federal Reserve’s decision to begin trimming its stimulus program next month, which removed a major source of uncertainty for the market. The Fed also said its key interest rate would stay at rock bottom longer than previously promised. “Clearly what the Fed did was right down the sweet spot, and it was quite frankly what the market wanted to hear.
Source: http://www.reuters.com/article/2013/12/23/markets-usa-stocks-idUSL2N0K21FG20131223?feedType=RSS

US STOCKS-Dow, S&P hit record highs; Apple’s China deal lifts techs

The Nasdaq composite was up six points, or 0.2 percent, at 4,155. Trading was extremely light ahead of the holiday. Homebuilder stocks rose after the government revised up new-home sales figures for the previous three months, a sign that housing may be regaining strength. Beazer Homes jumped 3 percent.
Source: http://abcnews.go.com/Business/wireStory/us-stocks-edge-higher-ahead-christmas-holiday-21330439

Stocks, Treasury yield climb on Christmas Eve

NEW YORK (CNNMoney) There’s no holding back the Santa Claus rally. The Dow and S&P 500 climbed 0.5% to new records Monday, while the Nasdaq jumped more than 1% to a fresh 13-year high. Investors were feeling increasingly confident after the head of the International Monetary Fund, Christine Lagarde , said her organization was much more upbeat about the U.S. economic recovery. “We see a lot more certainty for 2014,” Lagarde said in an interview Sunday on NBC.
Source: http://money.cnn.com/2013/12/23/investing/stocks-markets/index.html

Santa Claus rally fuels new records for stocks

u.s. stocks, dow

The figures add to evidence that the housing market is struggling to sustain the pace of its recovery. The yield on the 10-year Treasury sprang 1.8%, climbing to 2.98%. It’s been almost two and a half years since the yield surpassed 3%. On Monday, the Dow Jones industrial average rose 73.47 points, or 0.5%, to a main page record close of 16,294.61.
Source: http://www.freep.com/usatoday/article/4187029

Stocks: Record-high indexes cruise higher

Post to Facebook Stocks: Record-high indexes cruise higher on USATODAY.com: http://usat.ly/1c210pB Incorrect please try again A link has been posted to your Facebook feed. Sent! A link has been sent to your friend’s email address. 8 View reader contributions and add your own related to this story. Sign in now to share your story.
Source: http://www.usatoday.com/story/money/markets/2013/12/23/stocks-monday/4173641/

US STOCKS-Dow, S&P end at record highs in brief pre-holiday trade

The Dow also hit an all-time intraday high at 16,360.60, while the S&P 500 reached a record intraday high at 1,833.32. The S&P 500 has soared 28.5 percent this year, largely due to stimulus measures from the U.S. Federal Reserve. The index is on track for its best year since 1997.
Source: http://uk.reuters.com/article/2013/12/24/markets-usa-stocks-idUKL2N0K30OL20131224?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews

The information is based on all major carriers including ones merged into other carriers. The Standard & Poors 500 index rose five points, or 0.3 percent, to 1,832. The Nasdaq composite was up four points, or 0.1 percent, at 4,153. U.S. markets will close early on Tuesday and will remain closed on Wednesday in observance of Christmas.
Source: http://www.washingtonpost.com/business/us-stocks-edge-higher-in-midday-trading/2013/12/24/8b95f28c-6cbd-11e3-a5d0-6f31cd74f760_story.html

Regn January 2014 Options Begin Trading

The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 3.93% return on the cash commitment, or 49.41% annualized at Stock Options Channel we call this the YieldBoost. Click here to find out the Top YieldBoost Puts of the Nasdaq 100 Below is a chart showing the trailing twelve month trading history for Regeneron Pharmaceuticals, Inc., and highlighting in green where the $270.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $280.00 strike price has a current bid of $10.70.
Source: http://www.forbes.com/sites/dividendchannel/2013/12/12/regn-january-2014-options-begin-trading/

The Chicago Fed staff, in a response to a CFTC request for comments on possible new regulations for automated trading, said consistent risk controls are necessary to remove the danger that algorithms can malfunction. The CFTC, along with the Securities and Exchange Commission, boosted scrutiny of high-frequency and algorithmic trading after May 6, 2010, when $862 billion in equity value was erased in 20 minutes before share prices recovered. CFTC members voted unanimously on Sept. 9 to issue a concept release requesting input on more than 100 questions, including whether to expand testing and supervision of high-speed trading strategies. The release, a step prior to a formal proposal, also sought comment on whether to require registration for automated trading firms, taking a first step in potential restrictions on high-speed and algorithmic derivatives trading.
Source: http://www.bloomberg.com/news/2013-12-12/fed-s-evans-says-cftc-right-to-reevaluate-computerized-trading.html

Autohome ADRs Surge in Trading Debut

The American depositary shares are up $11.60, or 68 percent, to $28.60 in morning trading after climbing as high as $31.37 shortly after they hit the market. Late Tuesday, the company priced its initial public offering of 7.8 million American depositary shares at $17 each, above their projected range, for total proceeds of $132.9 million. The offering’s underwriters also have a 30-day option to buy up to 1.2 additional American depositary shares at the IPO price for additional proceeds of $19.9 million. Autohome provides online information, listings and reviews for Chinese automotive consumers through a pair of websites. The shares are trading on the New York Stock Exchange under the ticker symbol “ATHM.” Related Topics: U.S. , IPOs , New York Stock Exchange , China Join the Discussion You are using an outdated version of Internet Explorer.
Source: http://abcnews.go.com/Business/wireStory/autohome-adrs-surge-trading-debut-21176836

Royal Bank visit of Canada considers spinning off prop trading units

If you wish to view more, click the button below. The Financial Times Ltd 2013 FT and ‘Financial Times’ are trademarks of The Financial Times Ltd. Printed from: http://www.ft.com/cms/s/0/143ee822-6404-11e3-b70d-00144feabdc0.html Print a single copy of this article for personal use. Contact us if you wish to print more to distribute to others.
Source: http://www.ft.com/cms/s/0/143ee822-6404-11e3-b70d-00144feabdc0.html

Volcker Rule reins in banks’ riskiest trading

“While the proposal before us articulates standards for making those distinctions, those standards will necessarily be developed further as they are applied.” The Volcker Rule also must be approved by the Commodity Futures Trading Commission and the Office of the Comptroller of the Currency. All the agencies are set to act, despite a Washington snowstorm that shut most local government operations for the day. CFTC spokesman Steven Adamske said his agency will not hold a public meeting, but commissioners will approve the rules in writing. Regulators hope the rules mean banks take less risk, operate with less leverage and have more consistent financial results in the future, CLSA banking analyst Mike Mayo said. Because banks have already shed most of their proprietary trading businesses in anticipation of the rule, the final version should have little new effect on bank profits, said Raymond James analyst Anthony Polini. The rule bars U.S.
Source: http://www.usatoday.com/story/money/business/2013/12/10/regulators-vote-on-volcker-rule-adoption/3950001/

Which Students Have The Highest Student Loan Debt?

You’d be surprised. Student loan debt is painful for anyone to carry. But if you think the greatest debt burden is falling on the poorest students, think again. At a time when the cost to attend some colleges exceeds $60,000, lower middle income students carry more student loan debt, on average, than students in any other economic group, according to a forthcoming study. About 41 percent of click here the 4,400 students in the study left school with some level of debt.
Source: http://www.nbcnews.com/business/which-students-have-highest-student-loan-debt-2D11723568

Student Loans… But Only for Some

Take for example the rules that govern so-called troubled debt restructures . Because education loans are uncollateralized, restructuring these for borrowers who would otherwise be unable to make their payments will lead to losses for the lenders that elect to do so. And then theres the matter of the institutions own financing methods. Much of this debtincluding loans that are federally guaranteed (FFEL, for example)has been securitized, which means that its not just the originating lenders that are reluctant to face financial reality, its also the investors who are unwilling to accept anything less than the yields they were promised. But as unsettling as that continues to be, its the direction in which the industry appears to be headed thats just as troubling.
Source: http://finance.yahoo.com/news/student-loans-only-123053293.html

Student loan deal passes Senate

The findings come as Education Secretary Arne Duncan battles accusations that his department tolerates wrongdoing by companies it pays to service federal student loans, most notably Sallie Mae . The nations largest handler of student debt, Sallie Mae is under investigation by at least three federal agencies for allegedly violating borrowers rights . At least one of them — the Federal Deposit Insurance Corporation — has told Sallie Mae it intends to publicly accuse the company of harming borrowers. But the pending investigations and likely enforcement action didnt stop the Education Department from telling Sallie Mae in October that it intends to renew its lucrative contract to service federal student loans. The department told Warren that it was not aware of any issues or findings that would warrant any fines or termination of its existing contract with the company. Poor servicing of federal student loans has contributed to some policymakers fears that the nations $1.2 trillion in unpaid student debt risks curtailing economic growth in the coming years.
Source: http://www.huffingtonpost.com/2013/12/11/education-sallie-mae_n_4428048.html

Education Department Finds Numerous Problems At Sallie Mae, Levies No Fines

But if you think the greatest debt burden is falling on the poorest students, think again. At a time when the cost to attend some colleges exceeds $60,000, lower middle income students carry more student loan debt, on average, than students in any other economic group, according to a forthcoming study. About 41 percent of the 4,400 students in the study left school with some level of debt. But debt burdens did not decrease steadily as students’ family income rose. The study’s author, Jason Houle, an assistant professor of sociology at Dartmouth, found that students from families earning $40,000 to $59,000 are incurring about $11,000 more in student loan debt than students from families earning less than $40,000. The lower-middle-income students also incurred more debt than students from families earning between $60,000 and $99,000.
Source: http://www.cnbc.com/id/101262383

Average student loan debt: $29,400

It is expected to become law, with support from the White House and the House of Representatives, which will likely take up the bill in coming days. “This fall, all undergraduates, subsidized or unsubsidized, would only have to pay 3.86% interest rate for the life of the loan,” said Sen. Tom Harkin, an Iowa Democrat, whose support was key to a Washington deal. “That means real savings for borrowers.” It doesn’t apply to loans that students get from private lenders. It only affects Stafford loans, which are made by the U.S. government to help finance a college education.
Source: http://money.cnn.com/2013/07/24/news/economy/senate-student-loans/index.html

Guess which students have the highest college loan debt

At the same time that debt has been going up, colleges across the country have been hiking tuition and fees and families’ incomes have been shrinking , student loan debt has risen at an average rate of 6% per year from 2008 to 2012, the report found. Google+ Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer . Morningstar: 2013 Morningstar, Inc.
Source: http://money.cnn.com/2013/12/04/pf/college/student-loan-debt/index.html