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Market News

Location American Market News for 4 March 2013
Noteworthy ETF Outflows: SOXX, BRCM, TSM, MU Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares PHLX SOX Semiconductor Sector Index Fund (NASD: SOXX) where we have detected an ap...
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(Kitco News) - TomaGold Corp. (TSXV: LOT) intersected three high-grade gold intersects at its Monster Lake Project, located near Chibougamau, northern Quebec, which has opened a few doors for the company in 2013.
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Daily Wrap: 3/4/13

Forbes - 4 Mar 2013 23:58
Stocks struggled to find direction on this choppy day of trading as the two sides are no closer to reaching a deal to avoid automatic budget cuts.
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EWZ, VALE: ETF Outflow Alert

Forbes - 4 Mar 2013 17:54
EWZ, VALE: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil Capped Index Fund (AMEX: EWZ) where we have detected an approximate $4...
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Analyst Moves: DF, NTRS

Forbes - 4 Mar 2013 23:55
Dean Foods (DF) was upgraded by KeyBanc (KEY) to buy with a price target of $21, as the structural transition undertaken by the company that will make it a fluid milk pure play should drive the price higher.
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U.S. Stocks Snag First Monday Win Of 2013, But Apple Marks Fresh Lows Stocks spent Monday morning in the red, but a reversal shortly after noon sent the market back toward its best levels since 2007. The swing higher came without the participation of one laggard, as Apple shares slumped to...
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DB Oil Fund Enters Oversold Territory

Forbes - 4 Mar 2013 23:24
DB Oil Fund Enters Oversold Territory In trading on Monday, shares of the DB Oil Fund ETF (AMEX: DBO) entered into oversold territory, changing hands as low as $25.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is...
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UCO Crosses Critical Technical Indicator

Forbes - 4 Mar 2013 23:23
UCO Crosses Critical Technical Indicator In trading on Monday, shares of the Proshares Ultra DJ-UBS Crude Oil ETF (AMEX: UCO) entered into oversold territory, changing hands as low as $27.08 per share. We define oversold territory using the Relative Strength In...
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Aussie Dollar Slides; Yen Gains

Wall Street Journal - 4 Mar 2013 23:12
Investors traded cautiously ahead of a week that sees five major central banks around the globe meet. The Australian dollar was one of the primary losers while the yen advanced.
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Hill Rom Holdings Incorporated (HRC) maintained its quarterly dividend of 12.5 cents per share. This dividend is payable on March 29, 2013 to shareholders of record as of the close of business on March 15, 2013.
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(Kitco News) - Gold futures prices ended the U.S. day session near unchanged Monday, as short covering and some mild bargain hunting were checked by bearish outside market forces?a stable U.S. dollar index that is hov...
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Analyst Moves: MRK, BK

Forbes - 4 Mar 2013 21:14
Merck (MRK) was upgraded to buy by Bank of America/Merrill Lynch (BAC) as the firm believes that the current stock price provides investors with an attractive entry point. A $47 price target was issued.
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Polish Formula One star Robert Kubica will be driving in a supporting category of the world rallying championship this season as he continues his recovery from the serious injuries he sustained in a crash in Italy two ye...
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Cricket Can't Move iPhones Without Meaty Subsidy, Bad For Apple Since I often take the minority view, I am used to receiving lots of hate mail.  Regarding Apple, the hate mail I receive usually spikes when I write that Apple is overly dependent on subsidies from phone carriers or ...
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Apple Alumni: Where Are They Now?

Forbes - 4 Mar 2013 19:23
Apple Alumni: Where Are They Now? A look at some notable Apple hires and what they're doing today.
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Best ETFs for the Buck

Forbes - 4 Mar 2013 19:13
Best ETFs for the Buck May's best ETFs for the buck.
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Don't Fall Into Midcap Traps

Forbes - 4 Mar 2013 19:13
Don't Fall Into Midcap Traps The mid-cap blend style ranks ninth out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report.
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Five S&P 500 Stocks With Rising Short Activity The most recent short interest data was released last week by the NASDAQ for the 02/15/2013 settlement date, and we here at Dividend Channel have sifted through this fresh data and screened out these five S&P 500 stocks....
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Most Stocks Overvalued As Averages Barrel Down On All-Time Highs The financial media are covering the stock markets’ trek to new all time highs you would think that stocks were cheap and that all sectors and industries were booming. I say, not so much!
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Don't Choke On This Options Strategy: The Strangle Many are looking at this market, with the S&P 500 (SPX) trading up at the 1520 level, and saying it seems to be completely overbought. However, others have spent their time looking at the numbers and are absolutely posit...
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The IPO Class Of 2013

Forbes - 4 Mar 2013 18:24
The IPO Class Of 2013 Facebook defined the IPO Class of 2012 with its huge, controversial offering. After an up-and-down year overall for new offerings, 2013 brings more uncertainty as market weakness in the first half could keep a lid on inv...
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Google Keeps A Good Thing Going, Nails New High The S&P 500 and SPY ETF are down 0.15% in late morning trading on Monday as this choppy wedge pattern continues to develop.  In the last week-and-a-half, ranges have increased significantly and there has been good two...
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