Online movie forums are where people post what they liked about a movie, despised about a film, or exactly what they want to watch. A filmmaker can only benefit by being part of these communities. Be ready for members of discussion to post negative remarks, but in addition, there are members that post positive remarks or offer helpful constructive criticism that may make your next movie better. Whatever you can do as a filmmaker or film producer is set your work out there and see what type of responses come from audiences. Online movie forums thrive because it’s a trendy way for audiences to be a movie critic out of their pc and express their uncensored audience view. That’s one of things that I adore about the social medium. The web makes it possible for people to enjoy freedom of speech, even if it’s just about posting on a movie. I hope the opinions of people that post in forums over paid film critics. Most paid movie critics concentrate on reviewing studio movies, art house fare, or offbeat films with known Hollywood celebrities in them. The open diversity of movies discussed in forums is amazing for me as a writer, producer, and director. Members that like direct to movie urban gangster films have somewhere to post their comments. Fans of low budget horror films have a house on the Internet to be observed. Online film forums are a entertainment democracy for audiences and manufacturers. The majority of smaller budget indie films will never be reviewed by compensated movie critics or receive a first appearance from mainstream press outlets. The internet film forum community gives indie movies made on small budgets a shot to be seen, to loved, and hated. Every movie gets a reasonable shake to be assessed. Film democracy lives! In a film democracy no filmmaker is secure from film viewer salvos or roses being virtually thrown. I have read articles that begin by ripping apart a picture until there’s nothing left to strike. When not filled enough with bashing the movie a forum member sometimes turns their wrath on the filmmaker by personally shredding them to pieces. I had one online reviewer go far beyond not liking one of my movies. They personally attacked me over my head. No way I could change that part of producing a movie. I think that
Marvel film order the line was,”Your face makes me ill.” Not only did the viewer hate one of my movies, they loathed my face. Hell, I haven’t ever appeared in a movie I’ve accomplished in a cameo or acting role. This was funny to me. It reminds of this narrative about the cowboy that catches a terrible beating from another cowboy. The winning cowboy appears down in the losing cowboy inquiring if he still wants more. The shedding cowboy fires back,”Are you crazy? The only place you haven’t hit me yet is about the bottom of my toes.” I’ve been that losing cowboy on more than a few posts and testimonials. Forums can be like a rowdy old west saloon. That’s what makes them fun. Members of forums article witty and sharp comments I like reading, even though it happens one of my films is getting flamed. A filmmaker that’s thin skin should stay out of forums. It is similar to when professional athletes are heckled and cursed at by enthusiasts. The distinction is that during making a picture there’ll be no heckling or cursing directed at you while you are working on set. That is unless you invite a Guy Terrifico character friend to the place to watch. To join an internet movie forum you want to submit a valid email before having the ability to post comments. After that step is done take a simple approach to promoting and marketing your film online forums. Movie buffs can see throughout the top hype and BS. There is no doubt that the objective of posting information on your movie in a forum would be to create interest for your picture, but unless the movie is studio backed avoid claims like”This years best action film” etc.. I’m not a mind reader, but maybe you’re thinking right now that which you ought to post. Post the name of your picture, tagline, artwork, brief synopsis, and link to your picture site. Let audiences understand what it is that you’re putting out there for them to view. Get the online buzz going like Presidente shots for your movie. See what audiences have to say about your movie. Should they strike your face or something similar to me, then keep it going. This indie filmmaker Sid Kali typing SMASH CUT:
Author Archives: jeanmqae
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With $36.4 Million In Second Week, ‘transformers’ Edges ‘tammy’ On Weak July 4 Weekend | Fox Business
According to studio estimates Sunday, the fourth “Transformers” film made $36.4 million in its second week of release. It’s a steep drop for the Paramount Pictures sequel, which had the year’s biggest debut last weekend with $100 million. The New Line comedy “Tammy,” released by Warner Bros., took in $21.2 million in its opening weekend, well below expectations. The Midwest road trip romp opened on Wednesday, and had a $32.9 million gross over its first five days. Sony Screen Gem’s horror flick “Deliver Us From Evil” came in third with $9.5 million in its debut. Wall Street has emerged from the financial crisis deeply changed.
Source: http://www.foxbusiness.com/markets/2014/07/06/with-364-million-in-second-week-transformers-edges-tammy-on-weak-july-4-weekend/
This Week In Bitcoin: Investments, E-Commerce Newspapers, & Increased Security – Yahoo Finance
Related: Signs A Bitcoin Tidal Wave Is Forming To Disrupt Business Winklevoss Bitcoin ETF gets Ticker COIN The Winklevoss bitcoin ETF moved closer to regulatory approval. The 4th S-1 registration amendment was filed July 1. The amendment includes that the fund will be traded on the Nasdaq exchange under the ticker COIN. Bloomberg now lists the security as pending listing. Coinbase Advances Bitcoin Security with a Vault This week Coinbase announced a new type of bitcoin account is being rolled out to early testers: a vault. The vault will be a place to put large amounts of bitcoin in storage so they cannot be stolen by hackers.
Source: http://finance.yahoo.com/news/week-bitcoin-investments-e-commerce-132120928.html
ETFs to Buy on Netflix Rise Following Goldman Upgrade – Yahoo Finance
Despite that strong number, the Federal Reserve is not ready to change its tune anytime soon as http://www.etftradingsignals.com evidenced by Janet Yellens speech this week. With the Fed on your side, stocks should continue their march towards all-time highs. Nonetheless the number was so strong that the Fed may start reconsidering sooner than previously thought. Related Link: 4 ETFs With Upside Potential Below are a few ETFs that may be on the move.
Source: http://finance.yahoo.com/news/3-etfs-watch-wake-strong-150139088.html
3 ETFs To Watch In The Wake Of Strong Jobs Number – Yahoo Finance
The ETF is up about 0.75% year to date. Bottom Line The in-vogue Netflix stock has returned more than 100% over the last one year, breezing past most of its peers like Priceline.com Inc. ( PCLN ), eBay Inc. ( EBAY ), Amazon.com Inc.
Source: http://finance.yahoo.com/news/etfs-buy-netflix-rise-following-214814324.html
Midterms 2014: Obama Emerges To Make 11th-hour Pitches For Democrats | Fox News
We already know Barack Obamas policies are on the ballot in this election because he told us that himself. But, his new ad for Charlie Crist today means Charlie Crist wants you to know that too, the Scott campaign also said. Obama, whose approval rating is at about 42 percent, largely has stayed off the campaign trail, save for his de facto role as chief party fundraiser. However, he (visit) made stops this past weekend in Connecticut for Gov. Dan Malloy and in Pennsylvania for gubernatorial challenger Tom Wolf, both Democrats.
Source: http://www.foxnews.com/politics/2014/11/04/obama-emerges-on-airwave-to-make-final-hour-pitches-for-fellow-democrats/
Obama to Visit China, Myanmar, Australia Next Week – ABC News
Two days from now, you get to choose your future, Obama said early in his 20-minute speech after an introduction from Wolf. If you came to this rally unsuspecting, you should already know that theres an election and you are planning to vote. Otherwise, you thought there was a basketball game here, and that is not the case. Obama discussed Wolfs background in business while portraying him as a nice guy and not a professional politician. He also touched on issues like income equality and climate change. Tom has proven that when the going gets tough, hes got your back, Obama said. When Obama discussed education, the crowd was particularly loud. After a critique of Republican leadership and leading the crowd in a chant of, vote, vote, vote, Obama discussed the importance of casting a ballot.
Source: http://temple-news.com/news/obama-visits-polls-open/?utm_source=rss&utm_medium=rss&utm_campaign=obama-visits-polls-open
Obama to confront Xi Jinping on Chinese cyberspying – Washington Times
One of the most recent high-profile cyberattacks linked to China includes the theft of data on U.S. F-22 and F-35 fighter jets, as well as Boeings C-17 cargo plane. Su Bin, formerly of the Chinese aviation firm Lode Technologies, was arrested in Canada in June at the request of the FBI. He and two other two Chinese-based co-conspirators are accused of stealing a treasure trove of data from Boeing and other contractors in Europe. U.S.
Source: http://www.washingtontimes.com/news/2014/nov/4/obama-to-confront-xi-jinping-on-chinese-cyberspyin/?utm_source=RSS_Feed&utm_medium=RSS
Obama visits, polls open – The Temple News
The itinerary includes a state visit with Chinese President Xi Jinping (shee jihn-peeng). While in China, Obama will attend the APEC Leaders Meeting and the APEC CEO Summit. In Myanmar, formerly known as Burma, Obama will attend the East Asia Summit and the U.S.-ASEAN Summit in the remote capital Naypyidaw and meet with President Thein Sein. In the main city of Yangon, Obama is scheduled to meet with Myanmar’s opposition leader, Aung San Suu Kyi (ahng sahn soo chee). Finally, in Brisbane, Australia, Obama will participate in the Group of 20 Leaders Summit. He’ll also deliver a speech on U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-visit-china-myanmar-australia-week-26680632
Midterms 2014: Obama Emerges To Make 11th-hour Pitches For Democrats | Fox News
We already know Barack Obamas policies are on the ballot in this election because he told us that himself. But, his new ad for Charlie Crist today means Charlie Crist wants you to know that too, the Scott campaign also said. Obama, whose approval rating is at about 42 percent, largely has stayed off the campaign trail, save for his de facto role as chief party fundraiser. However, he (visit) made stops this past weekend in Connecticut for Gov. Dan Malloy and in Pennsylvania for gubernatorial challenger Tom Wolf, both Democrats.
Source: http://www.foxnews.com/politics/2014/11/04/obama-emerges-on-airwave-to-make-final-hour-pitches-for-fellow-democrats/
Obama to Visit China, Myanmar, Australia Next Week – ABC News
Two days from now, you get to choose your future, Obama said early in his 20-minute speech after an introduction from Wolf. If you came to this rally unsuspecting, you should already know that theres an election and you are planning to vote. Otherwise, you thought there was a basketball game here, and that is not the case. Obama discussed Wolfs background in business while portraying him as a nice guy and not a professional politician. He also touched on issues like income equality and climate change. Tom has proven that when the going gets tough, hes got your back, Obama said. When Obama discussed education, the crowd was particularly loud. After a critique of Republican leadership and leading the crowd in a chant of, vote, vote, vote, Obama discussed the importance of casting a ballot.
Source: http://temple-news.com/news/obama-visits-polls-open/?utm_source=rss&utm_medium=rss&utm_campaign=obama-visits-polls-open
Obama to confront Xi Jinping on Chinese cyberspying – Washington Times
One of the most recent high-profile cyberattacks linked to China includes the theft of data on U.S. F-22 and F-35 fighter jets, as well as Boeings C-17 cargo plane. Su Bin, formerly of the Chinese aviation firm Lode Technologies, was arrested in Canada in June at the request of the FBI. He and two other two Chinese-based co-conspirators are accused of stealing a treasure trove of data from Boeing and other contractors in Europe. U.S.
Source: http://www.washingtontimes.com/news/2014/nov/4/obama-to-confront-xi-jinping-on-chinese-cyberspyin/?utm_source=RSS_Feed&utm_medium=RSS
Obama visits, polls open – The Temple News
The itinerary includes a state visit with Chinese President Xi Jinping (shee jihn-peeng). While in China, Obama will attend the APEC Leaders Meeting and the APEC CEO Summit. In Myanmar, formerly known as Burma, Obama will attend the East Asia Summit and the U.S.-ASEAN Summit in the remote capital Naypyidaw and meet with President Thein Sein. In the main city of Yangon, Obama is scheduled to meet with Myanmar’s opposition leader, Aung San Suu Kyi (ahng sahn soo chee). Finally, in Brisbane, Australia, Obama will participate in the Group of 20 Leaders Summit. He’ll also deliver a speech on U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-visit-china-myanmar-australia-week-26680632
Stocks Continue Higher On Positive News Flow – Yahoo Finance
Canada Stocks Fall as Gold Slump Outweighs Restated Jobs Data – Bloomberg
View photo Skyscrapers are reflected in a window with a display board showing the Hang Seng index in Hong Kong on Hong Kong stocks closed 0.62 percent higher Friday, with a surge in telecommunication stocks — prompted by gains in China Mobile — lifting the benchmark index best stock to a six-year high. The Hang Seng Index added 153.58 points to 24,954.94 by the close of play on turnover of HK$69.11 billion ($8.92 billion). The Shanghai Composite Index rose 0.92 percent, or 20.26 points, to 2,226.73 on turnover of 129.4 billion yuan ($21.0 billion). The index gained 1.47 percent over the week. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, advanced 1.11 percent, or 13.23 points, to 1,201.18 on turnover of 155.1 billion yuan.
Source: http://news.yahoo.com/hong-kong-stocks-close-0-62-090850037–finance.html
Stocks Move Modestly Higher Amid Easing Ukraine Concerns – U.S. Commentary – NASDAQ.com
Penney rose almost 1 percent after earnings beat estimates. On the geopolitical front, a Russian convoy submitted to Ukrainian inspections, calming tensions in that region. Attention now turns to the New York Federal Reserve’s Empire manufacturing index at 8:30 a.m. ET and the University of Michigan’s consumer-sentiment gauge at 9:55 a.m.
Source: http://finance.yahoo.com/news/stocks-continue-higher-positive-news-130834198.html
Market Update August 14 – Business Insider
The report said initial jobless claims climbed to 311,000, an increase of 21,000 from the previous week’s revised level of 290,000. Economists had been expecting jobless claims to edge up to 295,000. While the report initially offset early buying interest, the data may be helping to further ease concerns about the outlook for interest rates. The Labor Department also released a separate report showing a modest drop in U.S. import prices in July amid a notable pullback in fuel prices.
Source: http://www.nasdaq.com/article/stocks-move-modestly-higher-amid-easing-ukraine-concerns–us-commentary-20140814-00711
The Dow is up 13 points, the S&P 500 is up 2 points, and the Nasdaq is up 2 points. Markets on Thursday are focused on the disappointing economic data out of Europe overnight. Second-quarter GDP in the eurozone was flat compared with the first quarter’s. Expectations were for the economic bloc’s economies to grow 0.1% collectively. Some of the biggest economies in the eurozone, including France and Germany , were among the most disappointing in the report. In the U.S., weekly initial jobless claims rose 21,000 to 311,000, missing expectations for a reading of 295,000. Retail giant Wal-Mart cut its earnings outlook for the year, and shares of the company were roughly unchanged. Some of the other major equity movers include fuel cell company Plug Power , up about 5% after reporting revenue that topped expectations.
Source: http://www.businessinsider.com/market-update-august-14-2014-8
Hong Kong stocks close up 0.62% – Yahoo News
jumped 4.8 percent after reporting rising production and lower costs. The Standard & Poors/TSX Composite Index (SPTSX) fell 48.20 points, or 0.3 percent, to 15,242.98 at 10:17 a.m. in Toronto. The benchmark equity gauge has climbed 12 percent this year, the second-best performer among the worlds developed markets behind Denmark . OceanaGold lost 2.4 percent to C$2.85 and B2Gold slipped 2.6 percent to C$2.85 as raw-materials stocks dropped 1 percent as a group, the most in the S&P/TSX.
Source: http://www.bloomberg.com/news/2014-08-15/canada-stocks-fall-as-gold-slump-outweighs-restated-jobs-data.html
Most Searched Etfs: Scintillating Sectors – Yahoo Finance
Energy Dow Jones U.S. Energy Fund (IYE) and Energy Select Sector SPDR (XLE) were both flat in pre-market trading. InterOil (IOC) reported a Q2 loss that was the same as a year ago after the sale of its refinery and downstream businesses to Puma Energy. The oil and gas production and exploration company said its loss from continuing operations was flat at $0.31 per share. On a reported basis, net income was $52.3 million or $1.05 per diluted share, up from $13.2 million, or $0.27 per share a year earlier, boosted by a gain on the downstream businesses. Commodities Crude was up 0.11%; natural gas was down 2.3%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-firmer-following-july-retail-sales-business-inventory-data-still-ahead-cm379615
One group that was widely searched, and it should not come as a surprise, was energy. Due to poor demand fundamentals, the United States Oil Fund ( USO ) slumped 2.2% on the week and that was with the benefit of an 1% gain on Friday. Earlier this week after the International Energy Agency projected lower oil demand for 2014, pointing to lower-than-expected second quarter growth in developed economies. [ Fundamentals Plague Oil ETFs ] However, USO was not one of the most searched energy ETFs this week. The Energy Select Sector SPDR ( XLE ) was despite an almost 1% drop. XLEs leadership among the weeks most searched ETFs is not surprising.
Source: http://finance.yahoo.com/news/most-searched-etfs-scintillating-sectors-120017935.html
Fitch: High-Yield ETF Outflows Surge as Risk Appetite Shifts – Yahoo Finance
U.S. stocks reversed earlier gains as tensions http://www.etftradingsignals.com between Russia and Ukraine were reignited following an announcement from a Ukrainian military spokesperson, who said Ukrainian forces had destroyed part of a Russian military unit that was in Ukrainian territory. The news comes at the heels of NATO Secretary General, Anders Fogh Rasmussen’s statement late Thursday that NATO observed that Russia had indeed committed an incursion into Ukrainian territory. Back home, the University of Michigan and Thomson Reuters reported that the preliminary August reading on their consumer-sentiment index fell to 79.2, missing analysts’ forecasts. This reading was also the lowest level since November. Earlier gains were spurred by the report that U.S.
Source: http://www.nasdaq.com/article/mid-day-etf-update-etfs-futures-turn-negative-as-market-sentiment-sours-on-renewed-russianukraine-tensions-weak-consumer-sentiment-data-cm380588
Friday Sector Laggards: Financial, Industrial – Forbes
This was about four times the average spread in trading activity between the two categories during our study period, which began at the start of 2013. High-yield ETFs have grown in importance as trading vehicles for fixed-income investors, particularly since May 2013, when the Fed first began discussing the likelihood of a tapering of quantitative easing. Growth in high-yield ETF volumes has outpaced growth in underlying bond trading volumes this year. For a detailed review of changes in high-yield ETF trading activity since early 2013, see the special report “High-Yield ETFs (Increased ETF Volume as Bond Trading Slows)” dated May 8, 2014, at http://www.fitchratings.com .
Source: http://finance.yahoo.com/news/fitch-high-yield-etf-outflows-133700739.html
ETF Preview: ETFs, Futures Firmer Following July Retail Sales; Business-Inventory Data Still Ahead – NASDAQ.com
The next worst performing sector is the Industrial sector, showing a 0.7% loss. Among large Industrial stocks, Robert Half International ( NYSE: RHI ) and Jacobs Engineering Jacobs Engineering Group ( NYSE: JEC ) are the most notable, showing a loss of 1.9% and 1.9%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.6% in midday trading, and up 1.71% on a year-to-date basis. Robert Half International, meanwhile, is up 17.05% year-to-date, and Jacobs Engineering Group, is down 18.77% year-to-date. Combined, RHI and JEC make up approximately 0.9% of the underlying holdings of XLI. Click here to find out 25 Dividend Giants Widely Held By ETFs Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Heres a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/15/friday-sector-laggards-financial-industrial/
Obama Citing Genocide Overcomes War Wariness With Strikes – Bloomberg
Some Republicans have gone after Obama for his wariness to provide military aid to the government in Ukraine and to rebels in Syria battling President Bashar al-Assad. A sharp divide between Republicans who want to expand Americas engagement abroad and those who want to limit it, including potential 2016 presidential candidate Senator Rand Paul , has made it more difficult for the party to speak with a single voice against Obamas foreign policy. NATO Allies Americas NATO allies, including U.K. Prime Minister David Cameron and French President Francois Hollande, are showing support for the dropping of bombs and provisions in Iraq. Like Obamas aides, the British and French leaders — and their predecessors — have often prodded the U.S. president to deploy military assets in service of humanitarian intervention.
Source: http://www.bloomberg.com/news/2014-08-08/obama-citing-genocide-overcomes-war-wariness-with-strikes.html
Obama authorizes airstrikes in Iraq, promises not to send ground troops | The Detroit News
They were escorted by two F/A-18 fighters from an undisclosed air base in the region. The planes delivered 5,300 gallons of fresh drinking water and 8,000 pre-packaged meals and were over the drop area for less than 15 minutes at a low altitude. Obama cast the mission to assist the Yazidis as part of the American mandate to assist around the world when the U.S. has the unique capabilities to help avert a massacre. In those cases, Obama said, “we can act carefully and responsibly to prevent a potential act of genocide.” The Yazidis left the western Iraqi town of Sinjar earlier this week and, like thousands of other Iraqis who have fled the Islamic State this year, headed east to the relatively peaceful Kurdish region.
Source: http://www.denverpost.com/politics/ci_26297461/obama-authorizes-airstrikes-airdrops-aid-iraq?source=rss
Obama authorizes airstrikes, airdrops of aid in Iraq – The Denver Post
military action would be a cause for concern among many Americans. He vowed anew not to put American combat troops back on the ground in Iraq and said there was no U.S. military solution to the crisis. As commander in chief, I will not allow the click here! United States to be drawn into fighting another war in Iraq, Obama said. Even so, he outlined a rationale for airstrikes if the Islamic State militants advance on American troops in the northern city of Irbil and the U.S. consulate there.
Source: http://www.detroitnews.com/article/20140807/NATION/308070121/1020/rss09
Obama signs bill to fix delays in veterans healthcare – Yahoo News
Sinjar and were dying in the heat, pushed Obama into action. Over the last two months, Obama has sent 750 American military advisers and personnel to help advise the Iraqi military and Kurdish forces beat back ISIS and secure the U.S. embassy and the airport there. At the time, Obama said there was ultimately no military solution, and it would be up to the Iraqi government to determine whether it could empower the Sunnis who were disenfranchised under Prime Minister Nouri Malikis government. But Obama made clear that he could authorize military action if ISIS continued its murderous march across Iraq and if the militants threatened U.S. servicemen and personnel.
Source: http://washingtonexaminer.com/obama-authorizes-limited-airstrikes-in-iraq-we-cannot-turn-a-blind-eye/article/2551822
Obama authorizes airstrikes in northern Iraq – News – NorthJersey.com
WASHINGTON President Obama authorized U.S. airstrikes in northern Iraq Thursday night, warning they would be launched if needed to defend Americans from advancing Islamic militants and protect civilians under siege. His announcement threatened a renewal of U.S. military involvement in the countrys long sectarian war. In a televised late-night statement from the White House, Obama said American military planes already had carried out airdrops of humanitarian aid to tens of thousands of Iraqi religious minorities surrounded by militants and desperately in need of food and water. AP President Barack Obama speaks about the situation in Iraq in the State Dining Room at the White House in Washington, Thursday, Aug.
Source: http://www.northjersey.com/news/obama-authorizes-airstrikes-in-northern-iraq-1.1064161
Obama authorizes limited airstrikes in Iraq: ‘We cannot turn a blind eye’ | WashingtonExaminer.com
The plan passed Congress last week and aims to address what Obama on Thursday called “outrageous” misconduct at VA hospitals and clinics that included modifying records of delayed care. “This bill covers a lot of ground – from expanding survivor benefits and educational opportunities, to improving care for veterans struggling with traumatic brain injury and for victims of sexual assault,” Obama said at Fort Belvoir, Virginia, speaking to an audience of service members, veterans, and their families. The VA was thrust into the spotlight this spring after allegations surfaced that it had covered up the months-long wait times some veterans had to endure before receiving medical care. Former head of Veterans Affairs Eric Shinseki resigned in late May as the scandal mounted, and last week the Senate unanimously confirmed former Procter & Gamble Co Chief Executive Officer Robert McDonald. “As a new generation of veterans returns home from war and transitions into civilian life, we have to make sure the VA system can keep pace with that new demand,” Obama said. View gallery President Barack Obama speaks about H.R.
Source: http://news.yahoo.com/obama-signs-bill-fix-delays-veterans-healthcare-193348285.html
Us Stocks Plunge, Wiping Out July’s Gains – Abc News
Stocks Tumble, Dow Down 220 Points, Company Earnings Disappoint
stocks are plunging, putting the market on track for its first monthly loss since January. The Dow Jones industrial average had its worst daily drop since February. At one point it was down more than 300 points. The slide interrupted a prolonged advance in the market. The Standard & Poor’s 500 index closed at its latest record high just one week ago.
Source: http://abcnews.go.com/Business/wireStory/us-stocks-plunge-wiping-julys-gains-24795127
Stocks mostly higher as Fed retains dovish stance
is suggesting that the Fed may have to raise interest rates sooner rather than later. The Argentine issue is another piece of adverse news flow. Regional Gauges Japans Topix index declined 0.4 percent and South Koreas Kospi index fell 0.3 percent. Australias S&P/ASX 200 Index retreated 1.2 percent, heading for its biggest loss since mid May. New Zealands NZX 50 Index and Singapores Straits Times Index both slipped 0.8 percent.
Source: http://www.bloomberg.com/news/2014-08-01/asian-stocks-extend-global-rout-amid-earnings-concerns.html
Asian Stocks Extend Global Rout Amid Earnings Concerns – Bloomberg
“The stock exchange is falling heavily because it was, in the end, surprised by the fact that negotiations yesterday were frustrated,” said Belen Olaiz, an economist with ABECEB.com Consultants in Buenos Aires. Olaiz said some investors may also have been spooked by Economy Minister Axel Kicillof’s sharp criticism of the hedge fund investors, raising worry the dispute is far from resolution. Speaking to reporters after the collapse of talks, Kicillof repeatedly referred to the investors as “vultures” and called their demands “extortion.” The default did not seem to rattle global markets, largely because investors have been well aware of Argentina’s problems since its record $100 billion default in 2001. Also, traders had been preparing for a worst-case scenario before the talks fell apart, and many still hope a deal will be struck soon. “The markets already sold off a fair amount before the news late yesterday night that we were definitely going into a default scenario,” said Alberto Ramos, who analyzes Argentina for Goldman Sachs.
Source: http://finance.yahoo.com/news/stocks-fall-argentina-country-enters-181458614.html
Stocks fall in Argentina as country enters default – Yahoo Finance
Stocks had mostly fallen on Wednesday after a report that had the economy bouncing back at a faster-than-estimated clip in the second quarter fueled speculation that the Federal Reserve could move on rates more quickly than anticipated. “The market can’t ignore how this raises the stakes for the Fed. There are consequences to better growth, and that’s a less accommodative Fed,” said Peter Boockvar, chief market analyst at the Lindsey Group. “The Fed is not going to be able to wait a year to raise interest rates; what they should do is raise them at the end of this year, what they will do is move at the beginning of next year, as opposed to the middle or end, which is what people think,” Boockvar said.
Source: http://www.cnbc.com/id/101879034?__source=yahoonews&par=yahoonews
data contributed to the bearish tone as jobless claims rose more than expected in the latest http://www.todayhotstocks.com week, and the Chicago Purchasing Managers Index unexpectedly fell in July to its lowest since June 2013. All 10 primary S&P 500 sectors were down on the day, with energy the biggest decliner with a drop of 0.9 percent. About 82 percent of stocks traded on the New York Stock Exchange fell, while 74 percent of Nasdaq-listed shares were lower. The CBOE Volatility index rose 8.3 percent to 14.44, well under its historical average of 20.
Source: http://www.ibtimes.com/stocks-tumble-dow-down-220-points-company-earnings-disappoint-1645006
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