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Market News

Location American Market News for 8 November 2013
Here Is The Most Important Stock Market Chart To Watch An important chart pattern in the Dow may indicate if a Santa Claus rally is ahead.
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TARP Official in Line to Be CFTC Chief

Wall Street Journal - 8 Nov 2013 07:13
The Obama administration is preparing to tap Timothy Massad, who has overseen the Treasury Department's bank-rescue program for the past three years, to head the Commodity Futures Trading Commission
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Doubters Make Mortgatge Insurer MGIC Look Even Better Option bears and shorts have targeted outperforming MTG lately, setting up the shares for a potential contrarian rally.
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(Kitco News) - How the physical market reacts to gold's drop under $1,300 an ounce Friday could determine next week's price direction for the precious metal, market watchers said.
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October Was Kind To JC Penney, Not So Nice To McDonald's JC Penney is finally having a good week as the stock gains on positive Octobers sales numbers. Things are less rosy, however, for some other retailers reporting monthly sales this week.
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Gold Survey: Weaker Gold Prices Expected Next Week -- Survey Participants (Kitco News) - Gold prices are expected to fall next week, said a majority of participants in the Kitco News Gold Survey, particularly after prices slipped under $1,300 an ounce on Friday.
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(Kitco News) - A stronger-than-expected U.S. jobs report has created strong downward pressure on gold prices, and looking at the technical picture, analysts said that prices could head lower in the near-term.
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(Kitco News) - McEwen Mining Inc. (TSX, NYSE: MUX) swung to profit in the third quarter of 2013, posting a profit of  $3.3 million, or 1 cent per share, compared to a loss of $2.7 million, or -1 cent per share, in last...
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(Kitco News) - A stronger-than-forecast report on U.S. employment put gold futures under pressure early Friday as the data rekindled worries about whether the Federal Open Market Committee might start tapering its quanti...
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Cash Dividend On The Way From Duke Realty Series K Cumulative Redeemable Preferred Share On 11/12/13, Duke Realty Corp.'s 6.5% Series K Cumulative Redeemable Preferred Share (NYSE: DRE.PRK) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 11/29/13. As a percentage of DRE.PRK's recent...
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New 52-Week Low Could Prompt More Insider Buying At AVB In trading on Friday, shares of AvalonBay Communities, Inc. (NYSE: AVB) touched a new 52-week low of $120.27/share. That's a $21.68 share price drop, or -15.27% decline from the 52-week high of $141.95 set back on 05/21/...
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Will Insiders Be Tempted To Buy More NLY At The New 52-Week Low? In trading on Friday, shares of Annaly Capital Management Inc (NYSE: NLY) touched a new 52-week low of $10.58/share. That's a $5.60 share price drop, or -34.61% decline from the 52-week high of $16.18 set back on 03/25/2...
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Picking Among Investment Companies: A Primer If you save money for retirement primarily through a workplace 401k, your choice of investment company is likely limited.
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US jobs growth boosts dollar; bonds drop sharply

livemint.com - 8 Nov 2013 18:00
US jobs growth boosts dollar; bonds drop sharply Dollar climbs against euro, yen after US jobs data; US stocks edge up after strong payrolls data
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Five Stocks Loved By Private Equity Firms

Forbes - 8 Nov 2013 17:51
When we have a deeply distressed stock, and a bulldog investor that owns a huge stake in the stock, our chances of a positive outcome increases dramatically.
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Financial Planning for Do-It-Yourselfers

Forbes - 8 Nov 2013 17:44
Financial Planning for Do-It-Yourselfers Financial planning can be an overwhelming topic. Like health insurance or getting a mortgage, people tend to stumble out of the gate.
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Why Twitter's IPO Was Really A Failure

Forbes - 8 Nov 2013 17:43
Why Twitter's IPO Was Really A Failure Big investors with Wall Street connections made a killing, but most who bought Twitter Thursday wound up in the red.
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Novo Nordisk And The Danish Delusion

Forbes - 8 Nov 2013 17:41
Novo Nordisk And The Danish Delusion Novo seems to believe that payors will pay a premium for a new product just because it is new, when in reality payors are recognizing what everyone else has, in that these so-called new drugs don't offer a compelling cas...
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Optimism surrounds NRG Energy, as it gets ready to report its third quarter results on Tuesday, November 12, 2013. Analysts are expecting the company to book a profit of 82 cents a share, up from 25 cents a year ago.
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Dendreon is expected to book a narrower loss than a year ago when it reports third quarter earnings on Tuesday, November 12, 2013 with analysts expecting a loss of 42 cents per share, up from a loss of $1.04 per share a ...
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Dow Theory Trounces Twitter Top

Forbes - 8 Nov 2013 17:19
Dow Theory Trounces Twitter Top Even the Twitter IPO could not stop nervous investors from selling while stocks dropped sharply as the afternoon progressed. The declining stocks led the advancers by a 4-1 margin. The up/down volume was even more one si...
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Wall Street is high on Sina, expecting it to report earnings that are up 143% from a year ago when it reports its third quarter earnings on Tuesday, November 12, 2013. The consensus estimate is 17 cents per share, up fro...
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