Jpmorgan Plans To Enter The Etf Arena, Looks To Active Space

Other prominent themes include the ongoing sturdiness of the health care sector and substantial inflows to Europe ETFs, both the diversified and single-country varieties. Some ETFs combine those two themes, including the unheralded SPDR S&P International Health Care Sector ETF ( IRY ). With about $60 million in assets under management, IRY does not receive the adulation and attention commanded by some U.S.-focused health care ETFs . However, IRY toiling in obscurity has not derailed the ETF from gaining almost 6% this year.
Source: http://seekingalpha.com/article/2032821-an-etf-with-exposure-to-2-prominent-themes

Energy Information Administration. This soft inventory report weighed on oil prices. Moreover, though cold weather has boosted the demand for fuels like heating oil and natural gas, it forced Americans to stay at home thereby resulting in lower traveling and less use of gasoline. Energy ETF ( IYE ) leading the way. IYE lost nearly $636 million in capital, bringing its asset base to under $1.22 million. This ETF tracks the Dow Jones U.S.
Source: http://finance.yahoo.com/news/etf-asset-flow-roundup-gold-143846048.html

It just makes sense for us as a large and successful money manager to participate in ETFs. According to a Securities and Exchange Commission filing , J.P. Morgan is expected to receive regulatory approval to begin marketing ETFs. As the seventh-largest mutual fund manager in the U.S. by assets with a focus on active investing, the financial firm has taken an interest in actively managed ETFs and is watching the nontransparent active ETF space, but Deutsch noted that they arent waiting for the SEC make up its mind before dipping into the ETF space.
Source: http://www.etftrends.com/2014/02/jpmorgan-plans-to-enter-the-etf-arena-looks-to-active-space/

Dollar versus a basket of global currencies including the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc. Year to date, despite poor price performance, UUP has still net reeled in more than $69 million in new assets via creation, bringing its asset base up to about $735 million. UUP remains the largest Currency focused ETP in the U.S. UUP has been popular with globally focused ETF portfolio managers particularly for its options liquidity as well, as we will often see directional plays enacted in the options in good institutional size, at least on a quarterly basis in the marketplace if not more often than that dependent on global currency conditions and price trends.
Source: http://www.etftrends.com/2014/02/etf-chart-of-the-day-banking-on-the-buck/

Click here to find out which 9 other ETFs had notable inflows The chart below shows the one year price performance of CSJ, versus its 200 day moving average: Looking at the chart above, CSJ’s low point in its 52 week range is $104.11 per share, with $105.76 as the 52 week high point that compares with a last trade of $105.60. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean read the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Source: http://www.thestreet.com/story/12407837/1/noteworthy-etf-inflows-csj.html

Big ETF houses plot European expansion

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Source: http://www.ft.com/cms/s/0/8ce05910-93dd-11e3-a0e1-00144feab7de.html

Are Student Loans Worth The Debt?

With the educational loan portfolio growing and bank officials not managing the scheme as per the guidelines, students are put to great difficulty in getting the loans, interest subsidy and other things. “This has resulted in them contacting politicians and political parties. For the political parties it is easy to demand loan write off and secure votes during elections. I have been expressing such fears to various bank top management,” K Srinivasan, a former banker and convenor of Educational Loan Tast Force (ELTF), told IANS. ELTF guides students on rules and regulations governing the education loans offered by nationalised banks. Under the Indian Bank’s Association guideline, loan repayment could be done over a 10-15 year period.
Source: http://timesofindia.indiatimes.com/home/education/news/Chidambaram-woos-students-for-education-loans/articleshow/30561454.cms

Student debt may hurt housing market

The Public Accounts Committee says that since student loans were introduced in 1990, there has been “no reliable model for forecasting how much will be repaid to the Exchequer”. ‘No confidence’ Committee chairwoman Margaret Hodge said the government consistently overestimated the amount of money it would get back from repaid student loans by 8%. “The Government assumes that 35% to 40% of the total will never be repaid,” she said. “That is some 16bn to 18bn on the current debt of 46bn, and 70bn to 80bn on the estimated value of student loans by 2042. “But we don’t have confidence in those figures.
Source: http://www.bbc.co.uk/news/education-26171742

In this case, it’s clear to see that the ample availability of student loans did influence the hike in tuition. A recent study compares the tuition of private universities in five states. They found that the schools where students have access to federal loans and grants are charging 78 percent higher tuition than the ones where students are not eligible for federal loans and aid. There is an unspoken agreement between colleges and Washington that as long as annual tuition increases are kept to 5 percent or below, the government will keep student loans flowing. It’s much harder for a taxpayer to figure out how much he is on the hook for this misguided policy.
Source: http://www.huffingtonpost.com/bob-hildreth/student-loans-tuition-increase_b_4809036.html

They will not negotiate. Would filing for bankruptcy stop the garnishment? — Denise Dear Denise, I hate to see you file for bankruptcy over a $9,800 student loan. I generally recommend it only when a person’s consumer debt is more than their annual income and they don’t see any way to pay the debt in the foreseeable future. Bankruptcy costs too much in time, money and future consequences to be used as anything other than a last resort.
Source: http://www.creditcards.com/credit-card-news/student-loan-bankruptcy-wage-garnishement-1294.php

They’re told they need a college education to get a good job, but many can’t get jobs if or when they graduate. Now critics question the wisdom of pushing loans on students who can’t pay them back. Argelia Rodriguez runs a financial aid program for low income students. She says sadly some students are the victims of broken promises. At that point, students have a choice of taking out loans or dropping out. Others say loans might not be a problem if students have a way to pay them back.
Source: http://www.cbs12.com/news/top-stories/stories/vid_13334.shtml

In his own analysis, Herbert found that student loan debt is not all piled upon recent college graduates. Rather, it is evenly distributed among age groups as of 2010. Also, the median amount borrowed for school by people in their 20s “barely budged” from 2004 to 2010, hovering around $11,000 when adjusted for inflation, Herbert said. Only a small share of the under-30 crowd is borrowing sizable sums, he said. But the trend in that age range is worrisome: The share of borrowers under 30 with more than website $50,000 in outstanding student debt doubled from 5 percent to 10 percent. (Testifying before Congress in 2012, then-Federal Reserve Chairman Ben Bernanke said his son would probably graduate from medical school with $400,000 in student loan debt.) “This could explain why some of them are sitting on the sidelines,” Herbert said.
Source: http://www.stltoday.com/business/local/student-debt-may-hurt-housing-market/article_84f84ae5-9fc7-528e-b9f8-356d0c239827.html

Interim Budget Key For Stock Markets In Near-term: Experts

Wall St. Week Ahead: U.S. stock investors face Fed view, tech charts

Traders work on the floor of the New York Stock Exchange February 13, 2014. REUTERS/Brendan McDermid

Besides, global cues, movement of rupee and investment pattern of foreign institutional investors (FIIs) will also be important for the domestic indices. Finance Minister P Chidambaram will present the interim budget on Monday ahead of the general elections due in the next three months. “The Vote-on-Account will be watched closely. Within that, markets will try to understand the contours of the fiscal deficit. Moreover, any indirect-tax benefit to any sector may have an impact,” said Dipen Shah, head of private client group research at Kotak Securities.
Source: http://profit.ndtv.com/news/market/article-interim-budget-key-for-stock-markets-in-near-term-experts-380757

Biotech stocks give stock market a shot of life

$AAPL is the Apple ( AAPL , Fortune 500 ) cashtag for example. The extension also inserts streaming price quotes directly into the Twitter feed. With the click of one more button, users can weed out any non-stock chatter. By clicking the dollar sign at the top of the Twitter page, only tweets that include cashtags will appear in the Twitter stream. With an additional click on a cashtag, the web extension slides open a “stock info dock” that provides a quick description of the company as well as a link to a Twitter stream with all the tweets that include that company’s cashtag.
Source: http://money.cnn.com/2014/02/14/investing/likefolio-twitter-tool/index.html

Oddly, Stock Market Returns And GDP Per Capita Are Inversely Correlated

Sent! A link has been sent to your friend’s email address. Join the Nation’s Conversation View reader contributions and add your own related to this story. Add Videos or PhotosBe first to contribute Sign in now to share your story. Sign in with FacebookSign in with Google+ Be first to contribute You’ve contributed successfully to: Biotech stocks give stock market a shot of life Thanks!
Source: http://www.usatoday.com/story/money/markets/2014/02/15/biotech-stocks-2014-celgene-gilead/5464643/

New tool for market junkies on Twitter

cashtag

Week Ahead: U.S. stock investors face Fed view, tech charts Traders work on the floor of the New York Stock Exchange February 13, 2014. Credit: Reuters/Brendan McDermid NEW YORK (Reuters) – With economic data being shoveled aside like snow and earnings season winding down, U.S. stock investors could zero in next week on the Fed’s view of the economy and technical analysis charts as the S&P 500 nears its record high.
Source: http://www.reuters.com/article/2014/02/15/us-usa-stocks-weekahead-idUSBREA1E03S20140215

Stock Market Today: Campbell’s Hot Holiday and Jos. A. Bank’s New Brand

Campbell Soup announced today that revenue improved by 6% in its fiscal second quarter, thanks in part to a healthy boost in soup sales over the holiday season. Profit grew to $0.74 a share, or slightly more than Wall Street had expected. Campbell is seeing progress in both its cost-cutting and sales-boosting initiatives, but still faces some short-term pain — particularly as it pivots its beverage business. Still, the company believes it can meet the goals it laid out for the full year, of 4% to 5% sales growth and roughly 3% earnings-per-share growth. Campbell’s stock is up 2.5% in premarket trading.
Source: http://www.fool.com/investing/general/2014/02/14/stock-market-today-campbells-hot-holiday-and-jos-a.aspx

Stock Market Stories Lead Us Astray

retail sales unexpectedly fell 0.4 percent because of inclement weather in January; Weak earnings from companies as varied as BNP Paribas to Cisco Systems undercut the expansion story; Some currency issue somewhere — today it was the Swiss franc that was rallying! — therefore something else is doing poorly; Europe’s six-day winning streak was due to end eventually. We can debate the merits of any of the above data points, but the simple reality is that there is only so much valuable information to be derived from observing the news flow. When we consider the day-to-day action of markets, we see it is mostly random noise, very little of which makes much difference over the long haul. Indeed, the longer your timeline, the more even significant events look like just little squiggles.
Source: http://www.bloomberg.com/news/2014-02-13/stock-market-stories-lead-us-astray.html

Some observers regard this as mispricing, and contend that it offers opportunities for arbitrageurs. The strategy would be to buy equities in distressed markets and to short-sell securities in fast-growing view publisher site markets. However, short-selling can be costly and risky, thereby allowing ‘hot’ markets to remain overpriced, and to yield disappointing long-run returns. Last, there is the question of luck.
Source: http://finance.yahoo.com/news/oddly-stock-market-returns-gdp-203439790.html