Amid Declines, Outflows Seen At Gold Mining Etf

McGlone: Overall, it can build quite a few more bullish scenarios for the precious metals, certainly gold and silver, for a stored value in an environment in which weve recently had a pretty substantial correction. Our advice is that correction was within the bullish trend, which is really being supported by the same things that supported it earlier. HAI: What brought the gold market to the unprecedented highs of two years ago? McGlone: Sovereign debt issues got the market to those highs. The Fed and the S&P downgraded U.S. debt just four days after Congress signed the Budget Control Act in August 2011.
Source: http://seekingalpha.com/article/1712282-etf-securities-mcglone-fed-tightening-has-been-good-for-gold-and-why-palladium-and-platinum-deserve-attention

AuRico Gold (NYSE: AUQ) and IAMGold (NYSE: IAM) also touched on the issues of costs and balance sheet improvements at the forum, indicating that gold miners may realize investors are skittish about costs with gold futures laboring around $1,300 an ounce. Those three stocks combine for about 6% of GDXs weight. [ Gold’s Bounce Inches Some Miners Back to Profitability ] Market Vectors Gold Miners ETF ETF Trends editorial team contributed to this post. Tom Lydons clients own shares of GLD.
Source: http://www.etftrends.com/2013/09/amid-declines-outflows-seen-at-gold-mining-etf/

ETF Talk: Export-Driven South Korea May Thrive with Global Upturn

The countrys resilience during the 2008 global economic slump stemmed from internal demand in this high-income, developed economy of more than 50 million people. While EWY has slipped a bit in 2013, last years gain was 3.9%. The etf trading software yield, for investors interested in additional income, is 0.63%. This yield reflects South Koreas improving export picture as some of its big trading partners Japan, the United States, and Europe are recovering, as well.
Source: http://www.humanevents.com/2013/09/25/etf-talk-export-driven-south-korea-may-thrive-with-global-upturn/

Friday’s ETF Chart To Watch: XLY In Spotlight Amid Consumer Data Frenzy

This sector ETF has been steadily climbing within a fairly well-defined, upward-sloping channel since rebounding off its 200-day moving average (yellow line) in November of 2012; since then, XLY has endured a number of fairly predicable corrections after each instance of grinding along its upper-resistance boundary for an extended period of time. Likewise, this ETF has been able to rebound off its lower-support boundary on a number of instances as well, although its two most recent corrections suggest otherwise. Notice how in late June and late August of this year XLY sank underneath its lower-support boundary, although it still managed to resume its uptrend in the weeks following[see How To Take Profits And Cut Losses When Trading ETFs ]. Click to Enlarge With XLY losing steam well before it neared its upper-resistance boundary this time around, we feel that the longer-term channel at hand needs adjusting; more specifically, the upper-resistance boundary needs to be lowered seeing as how the recent rally was weaker than the rebound seen in July, and the one before that in May. Despite the concerns over its trading channel, XLY is still in a very strong uptrend, and as such, we do not advise conservative investors to take on short positions here[see How To Be A Better Bear: Short Selling vs.
Source: http://finance.yahoo.com/news/friday-etf-chart-watch-xly-080031218.html

Obama’s Missteps On Syria Lead To Retreat

30. The House plans to be in session only six working days before the deadline, and already Boehner and Cantor have delayed a vote on a spending proposal amid opposition by fellow Republicans who want the party to take a tougher stand against funding Obamas health-care law. Also, Syria hasnt gone away and could complicate deal-making. Syria still has potential of dominating a significant part of the legislative agenda from here on out, said Democratic strategist Jim Manley , a former aide to Senate Majority Leader Harry Reid . To a significant degree, its a timing issue. Debt Limit Along with grappling with the 2014 budget, within weeks both sides also will need to find a way to stave off a possible government default as the nation reaches its borrowing limit . Obama also needs to woo Republican support for Senate confirmation of his eventual pick to lead the Federal Reserve , a process that could begin as early as this month.
Source: http://www.bloomberg.com/news/2013-09-12/obama-syria-reversal-sets-stage-for-fights-with-congress.html

Iran sees that the United States is a reluctant power, with a timid and polarized legislature, that can easily be deflected from action by transparent maneuvers. Other than this, twas a famous victory. The speech was left to encompass a contradiction. The president wished to reassert his credibility while engaging in a forced concession. So the beginning and end were an argument for limited military strikes based on an appeal to American exceptionalism.
Source: http://www.washingtonpost.com/opinions/michael-gerson-obamas-missteps-on-syria-lead-to-retreat/2013/09/11/e6fec8de-1b1d-11e3-a628-7e6dde8f889d_story.html

Obama’s message on Syria: Look the other way or accept moral duty?

Syria is a charnel house, an inferno of despair visit our website and America is the only nation on the face of the earth that can do anything significant to limit the suffering. After our history of ill-fated wars and hyperbolic claims, we may not choose to take up that burden. We may decide that our problems are too grave at home for another bout of international altruism. We may decide that the evidence of Syrian chemical attacks is too ambiguous, or we may distrust Obama too much to believe that a military operation would change things for the better. But no American should be blind to the reality that we have made a choice. We have decided to stay on the sidelines and hope for the best.
Source: http://news.yahoo.com/obama%E2%80%99s-message-on-syria–look-the-other-way-or-accept-moral-duty–131303120.html

Obama in the eyes of the Israeli press

Seattle resident Carl Rainey, 69, a Navy veteran who served in Vietnam, said he still feels the country made large mistakes with its involvement in Vietnam and the more recent Iraq war. He’d like to see the U.S. avoid military action in Syria. “We need to find another solution to doing things,” Rainey said. In part, he thinks more countries should be involved in discussions about how to handle Syria in order to advance a more united solution. That potential option gained momentum as leaders discussed the possibility of putting Syria’s chemical weapons under international control.
Source: http://abcnews.go.com/US/wireStory/obama-ally-congress-grapples-syria-plan-20231548

Obama Ally in Congress Grapples With Syria Plan

But hes not faring much better in the United States closest ally in the region Israel. A review of Israeli media by POLITICO shows a few clear story lines: Vladimir Putin has outplayed the president; Iran is strengthened; and Obama is a weak leader that Israel may no longer be able to count on to help stop Iran from developing nuclear weapons. On the front page of Tuesdays Israel Hayom, a neoconservative paper, the banner headline read Russian Roulette. Maariv, a center-right paper, ran a cartoon over the weekend of Putin as a cat prowling around Obama who had been drawn as a little bird in a cage. The left-leaning Haaretz ran a series of cartoons featuring Obama and Putin with one, titled Scapegoat showing Obama unsuccessfully chasing a chicken with the face of Bashar al-Assad while Putin looks on. The lead story on many Israeli newspapers and websites on Wednesday – after Obamas speech to the nation – focused on a potential deal between Russia and Iran that would supply missile systems to Iran and help it build a second nuclear reactor. Irans President, Hassan Rowhani, is set to meet Putin on Friday during the Shanghai Cooperation Organization summit in Kyrgyzstan.
Source: http://www.politico.com/blogs/media/2013/09/obama-in-the-eyes-of-the-israeli-press-172362.html

Nasdaq:velt Investor Lawsuit Alleges False And Misleading Statements By Velti Plc

The trouble came just two weeks after Nasdaq halted trading in its stocks, including Apple ( AAPL , Fortune 500 ), Google ( GOOG , Fortune 500 ), Microsoft ( MSFT , Fortune 500 ), Intel ( INTC , Fortune 500 ) and Facebook ( FB ), for more than three hours because of problems with its server that disseminates quotes for stock prices. Related: Trading glitches a sad new market reality In a statement, Nasdaq said that “trading was not affected” and that quotes were once again disseminating normally. Nasdaq attributed the outage to a failure of its “back end server.” It declined to comment further. NYSE Arca noted a longer duration for the outage than Nasdaq. It said its customers did not receive public quotes from Nasdaq’s server between 11:35:09 a.m.
Source: http://money.cnn.com/2013/09/04/investing/nasdaq-trading-glitch/index.html

Ireland based Velti plc is a global provider of mobile marketing and advertising technology and solutions. Investors who purchased a significant amount of shares of Velti Plc (NASDAQ:VELT) between January 27, 2011 and August 20, 2013, have certain options and for certain investors are short and strict deadlines running. Deadline: October 21, 2013. According to the complaint the plaintiff alleges, on behalf of all persons or entities who purchased or otherwise acquired securities of Velti Plc (NASDAQ:VELT) between January 27, 2011 and August 20, 2013, that Velti Plc and certain of its officers violated the Securities Exchange Act of 1934.
Source: http://empowerednews.net/nasdaqvelt-investor-lawsuit-alleges-false-and-misleading-statements-by-velti-plc/1844554/

Nasdaq stocks posting largest volume increases

As a percentage of NDAQs recent stock price of $30.53, this dividend works out to approximately 0.43%. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen or click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com Below is a dividend history chart for NDAQ, showing historical dividends prior to the most recent $0.13 declared by Nasdaq OMX Group: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDAQ is likely to continue, and whether the current estimated yield of 1.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDAQ shares, versus its 200 day moving average: Looking at the chart above, NDAQs low point in its 52 week range is $22.63 per share, with $34.41 as the 52 week high point that compares with a last trade of $30.58.
Source: http://www.forbes.com/sites/dividendchannel/2013/09/09/nasdaq-omx-group-about-to-put-more-money-in-your-pocket-ndaq-2/

Nasdaq 100 Breaks Out

Get the Macro View newsletter Nasdaq 100 Breaks Out Added to your bookmarks on the Seeking Alpha homepage Remove Bookmark Unlike the Homebuilder group, which is attempting to get out of a nasty downtrend , the Nasdaq 100 hit a new bull market high yesterday. The Nasdaq 100 is made up of the largest and most active non-financial stocks in the larger Nasdaq Composite index. As shown below, the Nasdaq 100 pretty much managed to stay out of trouble throughout http://www.todayhotstocks.com August even as other major indices like the S&P 500 and Dow Jones Industrial Average broke below their 50-day moving averages. With this upside breakout to new highs Monday, momentum investors have to be bullish on the QQQs (the ETF that tracks the Nasdaq 100).
Source: http://seekingalpha.com/article/1683812-nasdaq-100-breaks-out

Nasdaq OMX Group About To Put More Money In Your Pocket (NDAQ)

Nortech Systems Inc. : Approximately 44,000 shares changed hands, a 1,628.5 percent increase over its 65-day average volume. The shares rose $.17 or 3.6 percent to $4.91. Oncolytics Biotech Inc. : Approximately 6,686,200 shares changed hands, a 4,250.2 percent increase over its 65-day average volume. The shares rose $.34 or 12.8 percent to $2.99.
Source: http://www.businessweek.com/ap/2013-09-09/nasdaq-stocks-posting-largest-volume-increases

Vale September 13th Options Begin Trading

A., and highlighting in green where the $15.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $15.50 strike price has a current bid of 27 cents. If an investor was to purchase shares of VALE stock at the current price level of $15.38/share, and then sell-to-open that call contract as a covered call, they are committing to sell the stock at $15.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.54% if the stock gets called away at the September 13th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if VALE shares really soar, which is why looking at the trailing twelve month trading history for Vale S.
Source: http://www.forbes.com/sites/stockoptionschannel/2013/09/05/vale-september-13th-options-begin-trading/

SEC settles with Thai man in Smithfield insider trading case

Dankner is trying to sell assets and find investors for his holding company, which has about 2 billion shekels ($552 million) of debt. Dankner turned a family business that made its fortune in table salt and real estate into a sprawling holding company, which includes Israels biggest supermarket chain, Shufersal Ltd. (SAE) , and the largest mobile operator, Cellcom Israel Ltd. (CEL) A combination of unprofitable investments and regulations to boost competition cut IDBs market value to 282 million shekels from 5.06 billion shekels at the end of 2010, according to data compiled by Bloomberg.
Source: http://www.bloomberg.com/news/2013-09-09/israel-regulator-finds-signs-of-fraud-in-tycoon-trading-probe.html

Israel Regulator Finds Signs of Fraud in Tycoon Trading Probe

Before using this site, please read our complete Terms of Service by clicking here. Make TownhallFinance.com your premier source for stock market and financial market information. Individual investors enjoy our worldwide investor seminars and trading seminars. Our investment advisor seminars keep financial advisors up to data with CEUs, and this site provides investors, traders, and advisors with the latest stock market analysis tips, information and research tools.
Source: http://finance.townhall.com/news/finance/2013/09/08/petrochina-says-shares-to-resume-trading-in-afternoon-n1694768

Top 4 Most Scandalous Insider Trading Debacles

Using wholly-owned family corporations to hide the trades, Wiggin built up a position that gave him a vested interest in running his company into the ground. There were no specific rules against shorting your own company in 1929, so Wiggin legally made $4 million from the 1929 crash and the shakeout of Chase stock that followed. (Learn how to distinguish tops and bottoms in the equity market when short selling, read Finding Short Candidates With Technical Analysis .) Not only was this legal at the time, but Wiggin had also accepted a $100,000 a year pension for life from the bank. He later declined the pension when the public outcry grew too loud to ignore. Wiggin was not alone in his immoral conduct, and similar revelations led to a 1934 revision of the 1933 Securities Act that was much sterner toward insider trading.
Source: http://finance.yahoo.com/news/top-4-most-scandalous-insider-110000794.html

Tech stocks: Nokia still trading higher

A link has been sent to your friend’s email address. Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Tech stocks: Nokia still trading higher Brett Molina, USA TODAY 8:59 a.m. EDT September 4, 2013 Nokia’s Lumia 925 phone is shown at the flagship store of Finnish mobile phone manufacturer Nokia in Helsinki, Finland. (Photo: Mikko Stig AP) SHARE 13 CONNECT 47 TWEET COMMENTEMAILMORE Nokia shares continue to trade higher following their acquisition by Microsoft. Let’s take a look at the tech stocks to watch Wednesday. Nokia up.
Source: http://www.usatoday.com/story/tech/2013/09/04/tech-stocks-nokia/2761539/

PetroChina says shares to resume trading in afternoon

Lovegull | E+ | Getty Images First identify a stock that you think should have upside potential over the long-term. That is, a company with strong fundamentals, good management, impressive profit margins and bullish price action. Then Cramer says check out the volatility that’s because this strategy works best with stocks that are somewhat vulnerable to swings in the broad market. Once you’ve identified that stock – Cramer says scale into a position. “For example, if you want to own 1000 shares, then buy 250 shares four times over a period of weeks, or even months.
Source: http://www.cnbc.com/id/100918013

Is trading around a core position right for you?

The SEC announced Thursday that Badin Rungruangnavarat, a trader based in Thailand, had agreed to pay $5.2 million to settle charges best etf trading system that he had traded in Smithfield ( SFD , Fortune 500 ) securities based on advanced notice of the deal, earning more than $3 million. Virginia-based Smithfield, the world’s largest pork processor, announced an agreement in May to be acquired by Chinese meat producer Shuanghui International for nearly $5 billion. The U.S. government is currently reviewing the proposed buyout, a process that could wrap up on Friday. If approved, it would be the largest acquisition of a U.S.
Source: http://money.cnn.com/2013/09/05/investing/smithfield-insider-trading/index.html