Etf Preview: Etfs, Futures Higher On Upbeat Corporate Earnings; Apple Financial Results In Spotlight

The Guru Value ETF will try to reflect the performance of the Solactive Guru Value Index, which is comprised of U.S.-listed equity positions reported on Form 13F from a select group characterized as premier value investors. Value investors buy securities that appear undervalued based on fundamental analysis. The ETF will have a 0.65% expense ratio. The Guru Activist ETF will try to reflect the performance of the Solactive Guru Activist Index, which is comprised of U.S.-listed equity positions reported on Form 13F from a select group characterized as premier activist investors.
Source: http://www.etftrends.com/2013/10/global-x-gives-guru-etf-facelift-proposes-hedge-fund-suite/

Use MOAT’s holdings as a stock screener for quality stocks trading at a reasonable price. Morningstar’s analysts have done excellent research here, and you can essentially piggyback on it for free by following the ETF’s trading moves. You don’t have to buy every stock in its list-and you certainly don’t have to sell a good stock simply because MOAT sold it. But I consider MOAT one of several good screeners to get you started in your research.
Source: http://www.chicagotribune.com/business/chi-nsc-the-moat-etf-not-quite-buffettesque-but-worth-20131028,0,6010636.story

Its bearish counterpart, visit this page FAZ, is down 0.83%. Among financial stocks, Loews (L) was up 1% after it reported Q3 earnings of $0.73 per share, compared with the prior-year period’s $0.45 per share. Analysts polled by Capital IQ were expecting EPS of $0.78, if comparable. Revenues were $3.7 billion, down from $3.71 billion in the same period last year.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-on-upbeat-corporate-earnings-apple-financial-results-in-spotlight-cm292566

Twitter Sparks Interest in IPO ETFs (FPX, IPO, FB)

The product also has an interesting mix of bellwether and non-bellwether stocks. Bellwether companies are indicative of the performance of the segment, while non-bellwether firms have some aspect of their business in robotics, but dont rely entirely on the space for their revenues. ROBO looks to put 40% of its portfolio in the bellwethers, and 60% into the non-bellwethers, though each individual bellwether stock will make up about 2.2% of the index, compared to just over 1% for the non-bellwether firms. In total, the ETF will hold about 77 stocks in its basket, putting heavy weights into the U.S. (36.4%), Japan (24.7%), and then German and Taiwanese (6.5% each) companies. For sector exposure, some of the top segments include industrials (50%), technology (31.6%), and health care (9.5%).
Source: http://markets.financialcontent.com/stocks/news/read/25474201/New_ETF_To_Play_The_Robotics_Industry

The ETF focuses on the 100 largest and most liquid U.S. IPOs. The stocks can be held in the ETF during the first 1000 trading days. The current top holding is FB, which makes up 11 percent of the allocation. Consumer discretionary and IT are the two sectors with the largest exposure and the ETF charges and annual expense ratio of 0.60 percent.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/news_13_10_4027320_twitter_sparks_interest_in_ipo_etfs_fpx_ipo_fb.html

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Peter King: Obama Should ‘stop Apologizing’ For Nsa

Monday. Expect immigration and Obamacare to be major topics. Obama “will speak with Fusion White House Correspondent and ABC News Senior National Correspondent Jim Avila,” says Fusion. “The interview will take place Monday afternoon at the White House and air first on ‘AMERICA.'” Meanwhile, Ramos has an interview with another influential lawmaker: Sen. Ted Cruz, R-Tex. More from Fusion : “Fusion is a news, pop culture and satire TV and digital network.
Source: http://www.usatoday.com/story/theoval/2013/10/27/obama-fusion-interview-immigration-abc-news-univision/3280547/

The Michigan lawmaker also said that recent friction with Saudi Arabia has been developing over the last two years. He cited what he said was a U.S. decision two years ago to stay away from the Syrian conflict and the recent quick rush to the sweet talk from Iran on that countrys nuclear program. Faith Rattled Those are critical issues to the Saudis, to the Qataris, to the Jordanians, to others in the Arab League that I think rattled their faith in the administrations ability to protect them in a very dangerous world, Rogers said. Saudi Arabia refused to accept the membership of the United Nations Security Council it won earlier this month, citing issues including Syrias civil war that it said show the world body is incapable of resolving conflicts. The councils style, working mechanisms and double standards prevent it from ending http://www.obamastudentloanforgiveness.net the turmoil in Syria and the Israeli-Palestinian conflict, the Saudi Foreign Ministry said in a statement on the state-run Saudi Press Agency.
Source: http://www.bloomberg.com/news/2013-10-27/king-says-obama-should-stop-apologizing-for-nsa-phone-intercepts.html

Obama much-vaunted Asia ‘pivot’ runs out of steam

The Der Spiegel story shows just how comprehensive the NSA spying was: Beginning in 2002, Merkel’s calls were either recorded or monitored by NSA officials. Germany has responded by sending its top intelligence officials to Washington to sort through this mess, while President Obama continues to claim he had no idea that the spying was happening. Or maybe he did. According the the German tabloid Bild (think New York Post levels of credibility) Obama was briefed on the monitoring of Merkel in 2010 by NSA chief Keith Alexander. “Obama did not halt the operation but rather let it continue,” an anonymous source within the NSA told Bild.
Source: http://gawker.com/u-s-has-been-spying-on-merkel-since-2002-and-obama-pos-1452949366

Obama, Pakistan’s Nawaz Sharif meet at White House

The account could mean difficulties for the White House, given another report claiming Obama told Merkel during a telephone conversation last Wednesday he was not aware of the NSAs spying. The Economic Times cited Frankfuter Allgemeine Zeitung in writing that when Merkel called Obama last week to alternately complain — and get an explanation — about the NSA surveillance, the president assured her he wasnt aware of the campaign regarding her, and would have halted it, had he known. According to The New York Times, Susan E. Rice, the presidents national security adviser, insisted that Obama did not know about the monitoring of Merkels phone, during a call last week with Christoph Heusgen, Rices German counterpart. The unnamed NSA official’s allegations delve deeper into a Saturday report, published by the German magazine Der Spiegel, claiming the U.S. spy agency has monitored Merkels phone since 2002, or even before she rose to her countrys chief executive position and was only an opposition leader.
Source: http://www.foxnews.com/politics/2013/10/27/obama-knew-nsa-spying-on-merkel-and-approved-it-report-says-944692234/

Obama to talk Obamacare on Wednesday in Boston

WASHINGTON President Obama and Pakistani Prime Minister Nawaz Sharif sought to strengthen their countries’ fragile relationship with a two-hour Oval Office meeting Wednesday that touched on sensitive subjects, including U.S. drone strikes, Afghanistan’s future and the security of Islamabad’s growing nuclear arsenal. In their first face-to-face meeting, the leaders said they emphasized mutual efforts to stabilize Pakistan’s economy and deal with terrorism and other security threats. Though Sharif’s government is expected to be less pro-American than its predecessor, it badly needs American help in strengthening its economy and bolstering its infrastructure, including its weak energy sector. Pakistan is also worried that an abrupt U.S.
Source: http://www.latimes.com/world/la-fg-us-pakistan-20131024,0,345868.story

“I think the president should stop apologizing, stop being defensive,” King said on NBC’s “Meet the Press.” “The reality is the NSA has saved thousands of lives — not just in the United States, but also in France and Germany and throughout Europe.”The surveillance programs are again in the news following reports that the NSA monitored German Chancellor Angela Merkel’s cellphone and millions of phone calls in France. King, the former chairman of the House Homeland Security Committee, suggested France and Germany shouldn’t act so indignant about NSA surveillance in their countries. “And the French are someone to talk. The fact is, they’ve carried out spying operations against the United States — both the government and industry,” King said. “As far as Germany, that’s where the Hamburg Plot began, which led to 9/11.
Source: http://www.washingtonpost.com/blogs/post-politics/wp/2013/10/27/peter-king-obama-should-stop-apologizing-for-nsa/

Likewise, the Trans-Pacific Partnership (TPP), a proposed mega-regional free-trade deal from which China has so far been excluded has fuelled concern in China regarding US intentions. But China has been far from blameless: Witness its heavy-handed approach to its Asian neighbours in pressing its territorial claims in the East and South China seas. And, while growing signs of impatience with North Korea have been welcomed as a harbinger of an eventual policy shift, fresh thinking in China has not been sufficient to forestall US efforts to step up military cooperation with South Korea and Japan. But perhaps China does not need to do anything to change US policy again. Since Obamas re-election, there appears to have been a pivot away from the pivot, towards something that can be described only as retro.
Source: http://gulfnews.com/opinions/columnists/obama-much-vaunted-asia-pivot-runs-out-of-steam-1.1247835

So it is free to them. So how will it be paid for, well lets see one way is with Medicare funds. He is planning to RAISE the payroll tax on Medicare to 3.9%. Less for seniors more for the unemployed and poor. Even though there are many poor seniors receiving both Medicare and Medicaid. Those who buy Medicare advantage to cover what Medicare doesn’t, will pay more for the insurance premiums and co-pays.
Source: http://politicalticker.blogs.cnn.com/2013/10/27/obama-to-talk-obamacare-wednesday-in-boston/comment-page-1/

Us Stocks-futures Rise Ahead Of Data As Earnings Pour In

The median forecast of 48 economists surveyed by Bloomberg called for a decrease to 340,000. Applications in California remained elevated and analysts werent able to determine how many non-federal workers filed due to the government shutdown, a Labor Department spokesman said as the figures were released to the press. China Rates The MSCI Emerging Markets Index fell for a second day, losing 0.1 percent. The Shanghai Composite Index dropped 0.9 percent and the Hang Seng China Enterprises Index of mainland companies listed in Hong Kong slid 1.3 percent.
Source: http://www.bloomberg.com/news/2013-10-23/japanese-futures-drop-amid-stronger-yen-as-crude-rebounds.html

Related: More banks in the crosshairs after JPM deal All eyes on earnings: Northrop Grumman ( NOC , Fortune 500 ) reported earnings and sales above expectations and raised its out look for the year. Boeing ( BA , Fortune 500 ) reported a surge in quarterly profit and revenue as the aircraft manufacturer works its way through a backlog of orders. The read more stock rose in premarket trading. But Caterpillar ( CAT , Fortune 500 ) reported a slump in sales and earnings, noting that a slowdown in the mining sector has taken a bite out of heavy equipment manufacturing. The stock dropped.
Source: http://money.cnn.com/2013/10/23/investing/premarkets/index.html

“We are nowhere near a market top because this rally has real internal strength in it,” says Ken Winans of Winans Investments. “This bull run has room to run.” ASK MATT: Is S&P 500 good place to start investing? A closer look at the companies at or approaching highs show that: Well-known consumer brands are big winners. Disney, Chipotle Mexican Grill and Starbucks are among the stocks that have blown the furthest into record ground.
Source: http://www.usatoday.com/story/money/markets/2013/10/22/stocks-breaking-all-time-high/3146291/

Earnings Scorecard Some 47 companies in the S&P 500 are due to release results today. Earnings have beaten projections at 76 percent of the 210 companies that have posted results so far this reporting period, while 53 percent exceeded sales projections, data compiled by Bloomberg show. Jobless claims decreased by 12,000 to 350,000 in the week ended Oct. 19 from a revised 362,000 in the prior period, the Labor Department said. The median forecast of 48 economists surveyed by Bloomberg called for a decrease to 340,000. Applications in California remained elevated and analysts werent able to determine how many non-federal workers filed due to the government shutdown, a Labor Department spokesman said as the figures were released to the press.
Source: http://www.businessweek.com/news/2013-10-23/japanese-index-futures-drop-amid-stronger-yen-as-crude-rebounds

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/c9448194-3c5b-11e3-9851-00144feab7de.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/c9448194-3c5b-11e3-9851-00144feab7de.html

Companies, banks, mutual funds and individuals were all sellers of stocks in the net sum of $2.77m; $1.24m; $2.69m and $3.17m, respectively. The major factor that has triggered the latest rally is the PM Nawaz Sharifs visit to the US where already some gains have been secured. Those include the US State Department asking Congress to resume more than $300 million in blocked security assistance and an earlier approval by the Congress to release $1.6bn economic and military assistance to Pakistan. Investors were keeping a close eye on what passes in the upcoming meeting between PM Sharif and President Obama. The flow of mixed quarterly results has also kept investors on their feet.
Source: http://www.dawn.com/news/1051381/stocks-extend-overnight-rally

The burden of making a case for commodity stocks should be less right now, considering the lackluster performance purportedly low-risk blue chips stocks like Wal-Mart /quotes/zigman/245476/quotes/nls/wmt WMT -0.55% , McDonalds /quotes/zigman/233369/quotes/nls/mcd MCD -0.96% , Coca-Cola /quotes/zigman/222647/quotes/nls/ko KO 0.00% and General Mills /quotes/zigman/227548/quotes/nls/gis GIS +0.75% have done recently. All of these supposedly stable picks are in the red since May despite a 10% rally for the broader S&P 500 /quotes/zigman/3870025 SPX -0.47% . Click to Play Startups may see boost from new ‘crowdfunding’ rules WSJ’s Andrew Ackerman explains how startups could potentially benefit from new “crowdfunding” rules that were cleared by the Securities and Exchange Commission. Oh, and by the way since May 1, weve seen a 10% rally for aluminum king Alcoa /quotes/zigman/246295/quotes/nls/aa AA -0.96% , a 20% gain for copper and gold miner Freeport McMoRan /quotes/zigman/154700/quotes/nls/fcx FCX +0.74% , and a 30% gain for U.S. Steel /quotes/zigman/295713/quotes/nls/x X -2.30% .
Source: http://www.marketwatch.com/story/the-not-so-crazy-case-for-commodities-stocks-2013-10-24

Dow component 3M Co reported a 6 percent rise in quarterly profit due to higher sales across all its businesses. Ford Motor Co rose 3.9 percent to $18.20 in premarket trade after the second-largest U.S. automaker reported higher-than-expected third-quarter profit and boosted its full-year global earnings outlook. According to Thomson Reuters data through Wednesday morning, of the 160 companies in the S&P 500 that have reported earnings, 66.3 percent have topped Wall Street expectations, above the 63 percent beat rate since 1994 and roughly in line with the 66 percent rate over the past four quarters. On a revenue basis, 53.8 percent of reporting companies have beaten analysts’ expectations, below the 61 percent beat rate since 2002 but above the 49 percent rate for the past four quarters.
Source: http://www.reuters.com/article/2013/10/24/markets-usa-stocks-idUSL1N0IE0F820131024

Trading Trends With Renko Charts

valued the company at between GBP3.7 billion and GBP4.5 billion. Friday marks the start of Royal Mail’s conditional trading, in which shares can be traded on screens but aren’t yet delivered. Conditional trading is standard practice in U.K. IPOs, allowing investors double etf’s to buy and sell their shares while the regulatory process for listing the shares is being completed.
Source: http://online.wsj.com/article/BT-CO-20131011-702400.html

Every brick starts where the previous brick ends. Traders can specify the size of bricks in pips. In the example above, the distance from the high and low of the brick is three pips. So a ten brick move is equal to 30 pips (10 bricks times 3-pip height brick). Price can move above and below the previous brick until the minimum number of brick is met. This may be a surprise for most traders who are used to a new candle being formed at a specific time.
Source: http://finance.yahoo.com/news/trading-trends-renko-charts-191300857.html

All have dropped by more than 80 percent since last Thursday’s close, turning them back into the penny stocks they were before their dramatic gains in recent months – a surge analysts said was not backed by business fundamentals. Some brokerage clients have refused to pay up, or have disappeared, three traders told Reuters on Friday. Individual traders, or remisiers, who have to foot the bill may have to declare bankruptcy or sign a bond to pay off what they owe in installments to the brokerages. “Because SGX lifted the suspension so quickly (on Monday), there wasn’t time for information to be disseminated down the stream,” said one of the Singapore traders.
Source: http://www.reuters.com/article/2013/10/11/singapore-stocks-scrutiny-idUSL4N0I113620131011

Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.28% if the stock gets called away at the November 8th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if NE shares really soar, which is why looking at the trailing twelve month trading history for Noble Corp , as well as studying the business fundamentals becomes important. Below is a chart showing NEs trailing twelve month trading history, with the $38.50 strike highlighted in red: Considering the fact that the $38.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
Source: http://www.forbes.com/sites/stockoptionschannel/2013/10/10/ne-november-8th-options-begin-trading/

Want to track the company insiders in PVR Partners are starting to buy or sell more company shares? See insider trade report for PVR here. Read Full Report: http://www.Pennystocksinsiders.com/PR/101113A/PVR/PVRPartners.pdf Nike Inc /quotes/zigman/235840/quotes/nls/nke NKE +0.03% : By the end of last trading, the Nike /quotes/zigman/235840/quotes/nls/nke NKE +0.03% shares rose US$2.55 (or 3.60%) to US$73.44 with about 5.55 million shares exchanged hands for the session, compared to its average volume of 4.97 million shares. Pennystocksinsiders.com found company Director, Orin Smith, sold his shares at a price of US$72.57 on October 1. Want to know when company insiders will buy or sell their shares?
Source: http://www.marketwatch.com/story/insider-trading-picks-for-microsoft-pvr-partners-nike-bank-of-america-yahoo-and-exxon-mobil-2013-10-11

Obama Demands Quick House Vote On Shutdown

Obama said he strongly suspects there are enough votes in the House to reopen the government today. SEE ALSO: Shutdown casualty: Crisis halts data lawmakers could use to solve budget The truth of the matter is, there are enough Republican and Democratic votes in the House of Representatives right now to end this shutdown immediately with no partisan strings attached, Mr. Obama said during a surprise visit to FEMA headquarters in the district. The House should hold that vote today. The president said he is happy to talk to Republicans about budget issues, but not under threat of a shutdown or a government default. Were not going to establish that pattern, Mr. Obama said, urging the GOP to move beyond this manufactured crisis. Speaker John A.
Source: http://www.washingtontimes.com/news/2013/oct/7/white-house-takes-tough-line-default-threat/

Obama: Shutdown hurts government operations

Was it really a slam dunk for China? Enlarge China’s President Xi Jinping and his wife Peng Liyuan arrive at the APEC summit on Indonesia’s resort island of Bali. President Barack Obama’s cancelled trip prompted by the government shutdown standoff was widely seen as a victory for China. But was it? (Sunny Tumbelaka/AFP/Getty Images) HONG KONG When President Barack Obama announced that he was canceling his trip to Asia due to the US government shutdown, commentators reacted as if he had said that America was giving up, going home, and abandoning its Asian friends and allies to China. China steps in to fill Obamas vacuum, ran one typical headline in The Australian.
Source: http://www.globalpost.com/dispatch/news/regions/asia-pacific/131007/obama-asia-summit-cancellation-china-victory

Obama’s Asia summit no-show: How it looks from over there

Obama’s cancellation was no surprise. He had already trimmed Malaysia and the Philippines from his Asia itinerary because of the failure of the U.S. Congress to pass a new budget. The possibility that the U.S. government shutdown could escalate into the almost-unthinkable disaster of a debt default later this month prompted him to drop the visit entirely.
Source: http://www.cnn.com/2013/10/06/world/asia/apec-obama-xi-putin/index.html

Obama withdrawal puts China’s Xi Jinping in APEC box seat

I think Rouhani has staked his position on the idea that he can improve relations with the rest of the world, Obama said. And so far, he’s been saying a lot of the right things. And the question now is, can he follow through? Obama said the U.S. should test whether Rouhani can present a plan that shows Iran is not pursuing nuclear weapons, but only peaceful nuclear energy. RELATED: OBAMA ASSURES ISRAEL: MILITARY OPTION ON IRAN STILL ON TABLE KHAMENEI OFFICIAL WEBSITE/EPA Irans Ayatollah Ali Khameni said he approve of President Hassan Rouhanis friendly outreach toward the West, but did not endorse his chat with President Obama.
Source: http://www.nydailynews.com/news/world/obama-iran-year-nukes-article-1.1477685

Obama says Iran ‘a year or more away’ from having nuclear weapon

President Obama at FEMA. President Obama protests the government shutdown during a visit to FEMA Obama told employees they are working ‘under less than optimal circumstances’ Obama says he’ll negotiate with Republicans after the government is reopened SHARE 6 CONNECT 29 TWEET 4 COMMENTEMAILMORE President Obama said Monday he is “eager and ready” to negotiate with Republicans on the budget and other issues, but not until the House GOP votes to reopen the government and increase the debt ceiling. “I’m happy to talk to Republicans about anything,” Obama said during a visit to the Federal Emergency Management Agency, where he took his campaign against the shutdown, which is in its seventh day. Though about 200 FEMA staff members were recalled from furlough some without pay to prepare for Tropical Storm Karen in the Gulf of Mexico, at least 100 of them will have to be refurloughed, Obama said. “Their job has been made more difficult,” Obama told FEMA employees, praising them for performing their duties under “less than optimal situations.” Noting that Tropical Storm Karen dissipated, Obama said, “We dodged a bullet there.” STORY: Shutdown enters second week, no http://www.obamastudentloanforgiveness.net end in sight Obama again called on the Republican-run House to pass a spending plan and raise the debt ceiling with no conditions. Congress must raise the $16.7 trillion debt ceiling before the government hits it Oct.
Source: http://www.usatoday.com/story/news/politics/2013/10/07/obama-shutdown/2936591/

Why The Stock Market Should Not React To Government Shutdown

Stock futures were rebounding before the opening bell Friday, Oct. 4, from a significant sell-off over the past two days, but major averages that have been rattled by the partial government shutdown appear to be headed for a weekly loss. By Associated Press, NEW YORK The stock market is closing modestly higher even as a partial shutdown of the U.S. government continues.
Source: http://www.washingtonpost.com/business/stock-market-gains-even-as-government-shutdown-continues-sandp-500-erases-most-of-a-weekly-loss/2013/10/04/6069e9b2-2d32-11e3-b141-298f46539716_story.html

Stock Market Volatility Wakes Up, More Ahead?

Investors have been discouraged this week as political wrangling over the new health care law led to a partial shutdown of the government that is now in its fourth day. The Dow Jones industrial average was up 17 points, or 0.1 percent, to 15,013 after the first few minutes of trading Friday. The Standard & Poor’s 500 index was up three points, or 0.2 percent, at 1,682. The Nasdaq composite was up 15 points, or 0.4 percent, at 3,790. The S&P has finished higher only twice in the past 11 days as disgust over the budget impasse grows. The index is down 0.5 percent for the week.
Source: http://abcnews.go.com/Business/wireStory/stock-market-track-losing-week-20470139

Stock market shaken by shutdown — but debt default would be much worse

In other words, risk only turns into real damage if you trade to realize the risk. As a result, some experts even believe government shutdown is a buying opportunity. In short, government shutdown may be a media event, but it is definitely not a stock market event. After all, the stock market shrugged off the Republicans’ first 41 attempts to repeal Obamacare, why should it be different the 42nd time?
Source: http://www.huffingtonpost.com/dr-kc-ma/why-the-stock-market-shou_b_4045565.html

So have the prices of credit-default swaps on U.S. debt, having more than doubled since Sept. 19. Those are the early seeds of trouble being planted, says Ader. He also worries that the hollowing out of trading desks at the big broker-dealer banks over the past two years could potentially accelerate whatever selloff occurs, since there wont be as many traders willing to buy what investors are selling. We have the potential risk that if the market decides to start selling, there wont be enough broker-dealers to stand on the other side of those trades, Ader explains.
Source: http://www.businessweek.com/articles/2013-10-04/the-market-calm-before-the-debt-ceiling-storm

UPDATE 1-Kenyan shilling firms, stock market rally slows down

And the only way to capitalize on higher volatility is to be ready before it strikes. (See our piece ” Is the Sleeping Giant Ready to Awaken” from 8/30/13) Is this time different or a repeat of what the VIX did just a few months ago? From May 24 to June 20 the VIX (NYSEARCA:VXX) surged just over 46%. And per our June 2013 ETF Profit Strategy Newsletter (published on May 23, 2013) we were again able to identify another high profit setup for our readers. We wrote: “Our favorite way to trade the VIX is not with VIX exchange-traded products (ETPs), but rather using VIX call and put options. We like the flexibility of being able to customize our VIX trades with specific strike prices and specific time horizons.
Source: http://www.nasdaq.com/article/stock-market-volatility-wakes-up-more-ahead-cm282748

The Market Calm Before the Debt-Ceiling Storm

The network got hold of court documents that show Ephron left a massive estate of up to $27 million almost double the estimate she made in her will after making millions on the stock market. “You’ve got money: Hollywood scribe Ephron made a fortune on the stock market,” the network blared on its online site late today. Ephron had more than $10 million in stocks and real estate investments by the time she died at 71 in June 2012 of acute myeloid leukemia, the documents showed. Ephron was savvy enough to http://www.todayhotstocks.com invest in Internet ventures early, before they became blockbusters, amassing $642,000 in Apple shares, over $110,000 in Google and $89,000 in Amazon, according to the documents.
Source: http://www.usatoday.com/story/life/people/2013/10/01/nora-ephron-was-boffo-in-stock-market-left-huge-estate/2905261/

Nora Ephron was boffo in stock market, left huge estate

S&P has already warned this week that political brinksmanship is exactly the reason that the United States has never recovered the top-of-the-line AAA credit rating it lost two years ago. If the Oct. 17 deadline passes without a deal on the debt limit, S&P warned that it could classify the United States as being in sovereign default. Hugh Johnson, the chief investment officer and chief economist at Hugh Johnson Advisors, a financial management company in Albany, N.Y., warned that such a downgrade could send the stock market into hysterics. And if a downgrade forces investors around the world to dump their U.S. bonds, interest rates could spike. In the 2011 crisis, the reverse happened: Interest rates fell because investors determined that there was still no safer place in the world to put their money than U.S.
Source: http://usnews.nbcnews.com/_news/2013/10/02/20787272-stock-market-shaken-by-shutdown-but-debt-default-would-be-much-worse?lite