Three Investing Billionaires Have Recently Come Out With Cautious Statements On The Stock Market

In unusual timing, we’ve recently heard from three investing billionaires (Warren Buffett, Carl Icahn, and Stanley Druckenmiller) suggesting that the stock market is getting rich and fully valued. From O’Rourke: [Buffett] noted that the equity market was fairly valued and stocks were not overvalued. Specifically, Buffett said They were very cheap five years ago, ridiculously cheap, and Thats been corrected. He also noted, Were having a hard time finding things to buy. One has to take note when the worlds most high profile investor (a long investor), cannot find stocks to buy although he reports his business is improving. Buffett was not the only Billionaire to weigh in last week. Carl Icahn responded candidly when asked his view on the market. Right now, the market is giving you a false picture. The market tells you that you are doing well, but I dont think a lot of companies are doing that well. They are taking advantage of very low interest rates. So, obviously, you dont have to be a financial genius to understand if I can borrow at 3% or 4% and buy assets maybe my own stock that is yielding 9%, 10% or 11%, I am going to make a lot of money. In one sense or another that is what is going on.I do think at 17x that you have to be pretty well hedged. These comments come a little more than a week after Stanley Druckenmiller opined that, But if you tell me QE is going to be removed over nine or 12 months, that’s a big deal because when it’s my belief that QE has subsidized all asset prices. And you remove that subsidization, the market will go down. Druckemiller elaborated My first mentor and boss, Dr. Ellis in Pittsburgh, used to tell me it takes hundreds of millions of dollars to manipulate a stock up, but the minute you have this phony buying stop, it can go down on no volume and it can just reprice immediately. I personally think as long as this game goes on, assets will stay elevated. But when you remove that prop – and let’s face it, the Fed has said they’re targeting those asset prices – those prices can adjust immediately.
Source: http://www.businessinsider.com/druckenmiller-icahn-and-buffett-on-the-stock-market-2013-9

Stock market opens mixed after report on surge in home prices

Stocks faded in the last half-hour of trading Tuesday after staying positive most of the day. Traders struggled with conflicting news about the economy. One report on Tuesday showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy slipped in September. The Dow fell 66 points to close at 15,334.
Source: http://abcnews.go.com/Business/wireStory/stock-market-fades-close-20360820

Stock Market Fades at Close

The Dow Jones industrial average was down seven points to 15,393 shortly after the market opened Tuesday. The Standard & Poors 500 index is down two points to 1,700. The Nasdaq is up two points to 3,767. More business news Which presidents raised the debt ceiling? Since 1980, the debt ceiling has been raised 39 times. It was raised 17 times under Ronald Reagan, four times under best stock buys Bill Clinton and seven times under George W.
Source: http://www.washingtonpost.com/business/us-stock-market-opens-mixed-with-housing-and-consumer-confidence-in-focus/2013/09/24/8639cec4-2520-11e3-9372-92606241ae9c_story.html

Stock Market Rises Slightly at Midday

Stocks faded in the last half-hour of trading Tuesday after staying positive most of the day. Traders struggled with conflicting news about the economy. One report on Tuesday showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy slipped in September. The Dow fell 66 points to close at 15,334.
Source: http://www.latimes.com/business/la-fi-mo-stock-market-opens-mixed-20130924,0,2981411.story

US stock market opens mixed with housing and consumer confidence in focus

One report showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy fell slightly in September as many people became less optimistic about hiring and pay increases. The Dow Jones industrial average was up 12 points to 15,413 shortly before 12 p.m. Tuesday.
Source: http://abcnews.go.com/Business/wireStory/stock-market-rises-slightly-midday-20357662

Forex Trading Strategy | How “aims Stress Free” Helps People Improve Their Income – V Kool

The market continues to be flooded with various issues that could impact gold prices and keep it in its current uncertain situation for the years to come. Traders need to gain a high-level understanding and perspective about the gold market condition by keeping up-to-date with the current trends and should always go with the guidance offered by reliable and reputed sources. Forex Peace Army offers performance tests that would enable traders get an understanding as to how money managers perform in complex market situations. The economic turbulences and political crisis that is being faced by some countries has a direct impact on the market and could create a potentially highly undependable state. Again this has affected the market on the reverse and traders have stopped selling and started to buy gold.
Source: http://finance.yahoo.com/news/forex-peace-army-ceo-dmitri-124500710.html

FOREX.com Becomes Exclusive U.S. Provider of tradable Platform

Please help us solve this matter. If Malek Noureed Awan doesnt have the money to pay us back, then we want him to be in jail for the rest of his life. We dont want to see him out as a free bird, a spokesperson of the group told Gulf News. During the 25-minute teleconference, investors said Awan openly threatened them that he would not return their money if they report the matter to the police or discuss their concerns with the media.
Source: http://gulfnews.com/news/gulf/uae/general/dubai-duped-forex-investors-demand-money-back-1.1228239

As a result, traders can save their time, money and efforts. The useful program also enables users to reduce risk and allows them to purchase and sell products or services. This guide will help traders broaden the ability to avoid trading risks. This program is suitable for both beginners and advanced people to use. The guide also provides people with step-by-step instructions and detailed videos that are easy to understand and use.
Source: http://www.watchlistnews.com/2013/09/11/forex-trading-strategy-how-aims-stress-free-helps-people-improve-their-income-v-kool/

Forex Asia

11, 2013 /PRNewswire/ –FOREX.com, the retail division of GAIN Capital Holdings, Inc. ( GCAP ), announced today that it is partnering with tradable in order to deliver the first open trading platform for forex traders to its clients. The tradable platform is now available in the United States exclusively to FOREX.com clients and will soon be extended to FOREX.com clients globally with a broader product offering including CFD’s. Voted the most innovative financial product at the ForexMagnates Summit in London 2012, tradable allows traders to create a completely customized online trading platform using third party developed apps. From tradable’s appstore, traders choose from apps designed for social trading, charting, market data and more. “We are excited to be the first broker to bring tradable to forex traders in the US,” said Muhammad Rasoul, Chief Product Officer, GAIN Capital.
Source: http://finance.yahoo.com/news/forex-com-becomes-exclusive-u-113000333.html

The Top Ten Factors Affecting Forex, Bonds, and Equities

But the dollar slipped versus the yen as U.S. Treasury yields fell and some traders said that while the Federal Reserve will likely start reducing stimulus next week, the move will be smaller than initially thought. Uncertainty about the timing and pace of Fed action grew after last week’s disappointing U.S. August employment report. Thursday’s U.S.
Source: http://www.reuters.com/article/2013/09/12/markets-forex-idUSL2N0H80S420130912

FOREX-Dollar rises vs euro after data but falls vs yen

Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted. In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set http://www.etftradingsignals.com/ the nations key interest rates, In Switzerland, Producer Price Index (PPI), the manufacturers price change of goods and raw materials, rise up to 0.2% is calculated now. In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now. The risk grows as the leverage is higher. investment objectives, risk appetite and the trader level of experience should be carefully weighed before entering the forex market.
Source: http://www.fxstreet.com/analysis/forex-daily-outlook/2013/09/12/

Forex Daily Outlook

Chinese Premier Li Keqiang said the foundations of a growth rebound are not solid Chinas leader has cautioned that stimulus will not help resolve deep-rooted issues in the worlds second-largest economy. He reiterated recently that China would push forward interest rate and exchange rate reforms, as well as the internationalization of the Yuan, while promoting the currencys convertibility under the capital account. The Peoples Bank of China fixed USD/CNY to a record low of 6.1575 overnight. The Reserve Bank of New Zealand grows more hawkish The RBNZ reiterated its guidance to keep rates unchanged this year as expected, but added a more explicit tightening bias with a comment that Overnight Cash Rate increases will be required next year. Kiwi policymakers have brought forward their expected timing for the first hike to June, 2014, from September, 2014, and raised its 90-day interest rate projections by +20bps to +50bps across the forecast horizon.
Source: http://www.forbes.com/sites/deanpopplewell/2013/09/12/the-top-ten-factors-affecting-forex-bonds-and-equities/

Dubai: Duped forex investors demand money back

Paul Ebeling is best known for his work as writer and publisher of The Red Roadmasters Technical Report on the US Major Market Indices, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984. Latest posts by Paul Ebeling ( see all ) Sitemap Copyright and All Rights Reserved. Information and opinions contained on this page are for educational purposes only and do not constitute trading recommendations. Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors.
Source: http://www.livetradingnews.com/forex-asia-7-8576.htm

How To Get Out Of Default On A Student Loan

http://www.obamastudentloanforgiveness.net For the debt forgiveness program to work, hes going to need to keep making payments for 10 years and continue working in public service. The hope obviously is that the program will still be there, said Nelson, who pays about $400 a month in student loans and expects to save five figures with loan forgiveness. Sign up a repayment plan Tyler Shelton, 23, who just started graduate school for urban planning at Wayne State University, said he had never even heard of loan forgiveness programs. But if it works, he might consider it as an option to deal with what could end up as much as $50,000 in student loan debt. Students need to follow specific rules to make this work, too.
Source: http://www.freep.com/article/20130912/COL07/309120006/1002/RSS02

2. Consolidation. Assuming that repayment is not an option, you could look into obtaining a direct consolidation student loan from the Department of Education. Your new loan would pay off your old, defaulted loan, and you can enter federal repayment assistance programs, including Pay as You Earn and Income Contingent Repayment, which make the monthly amount owed much more affordable. 3. Rehabilitation.
Source: http://www.chicagotribune.com/business/sns-201309101900–tms–savingsgctnzy-a20130910-20130910,0,2500170.story

Part of the reason private education lending is so diminished today is that banks have had to clean up their act.Before the financial crisis, banks were happy to pump out loans to undergradsen masse with little regard for credit standards, subprime style . The CFPB estimates that in 2008, they issued $20 billion worth.Since the crash, they’ve drastically tightened up their lending standards,and the flow of loans has slowed to a drip. If there ever was a bubble in private student lending, it’s already burst. But there’s also a greater point here. For the most part, it’s not helpful to think of student lending, circa 2013, in terms of bubbles at all. Rather, as Chadwick Matlin has put it at Reuters, it’s more of an anvil weighing on a large but discrete group of very unfortunate borrowers.
Source: http://www.theatlantic.com/business/archive/2013/09/no-the-student-loan-crisis-is-not-a-bubble/279398/

A student loan without a lifetime’s indentured servitude

We help music fans discover new genres, records and classic catalogues,” company CEO Lohan Presencer wrote in an editorial in the Guardian. “After 20 years and more than 50 [million] album sales, the value and creativity in our compilations are self-evident.” Separately, the Swedish press reported that Spotify is seeking additional financing, which could take the form of debt issuance. The company has been valued at as much as $5.2 billion. It’s the first comprehensive professional sports deal for Uber. NFL players will get personalized keychain cards with $200 in ride credits, The New York Times reported. Players will also get first-time rider promo cards to give to their friends and family.
Source: http://www.cnbc.com/id/101011930

Visualizing The Value In Apple Stock

Investors who buy Apple today are able to lock in a nice dividend yield. If an investing thesis based on the premise that Apple is fundamentally undervalued isn’t enough for investors to get excited about the stock, its dividend may provide the needed kick. Apple’s higher-than-average dividend yield — combined with its excellent prospects as a dividend stock going forward — gives the iMaker a bit more appeal. Source: Morningstar.
Source: http://www.fool.com/investing/general/2013/09/05/visualizing-the-value-in-apple-stock.aspx

Stock market already feeling sting of higher rates

“Will we help Syria?” Putin asked rhetorically during the G20 summit . “Yes, we will. We’re doing it right now, we’re supplying arms.” Stock market futures were surging for most of the morning, even through the disappointing August jobs report . U.S. companies added just 169,000 jobs in August, which was lower than the 180,000 expected by economists. July’s number was revised down to 104,000 from 162,000, and June’s number was revised down to 172,000 from 188,000.
Source: http://www.businessinsider.com/stock-market-falls-after-jobs-report-2013-9

Stock Market: Why ETF Investors Are Fleeing To Europe

Higher mortgage rates mean less buying power for home purchases. On the flip side, there have been some real positive standouts during that time, namely industrial stocks. They’re the best performing sector in the S&P [read] 500 since early May. Diversified manufacturer Dover ( 28 percent) and Lockheed Martin ( 24 percent) are helping to lead the way higher in that sector. Even some consumer discretionary names that aren’t necessarily that retail focused are doing well, like Goodyear Tire & Rubber ( 71 percent).
Source: http://www.cnbc.com/id/101012580

Stock Market Update from Briefing.com

pre-market action before a slate of better-than-expected economic reports for initial claims, second quarter productivity, factory orders, and ISM Services lent support to the belief that the Federal Reserve would begin slowing the pace of its asset purchases at the upcoming September 17/18 policy meeting. The benchmark 10-yr yield rose eight basis points to 2.98%. The continued rise in interest rates has pressured on the most rate-sensitive sectors. Consumer staples (-0.1%), telecom services (-0.8%), and utilities (-0.4%) finished at the bottom of the Thursday leader board, which widened their third quarter losses. Since the start of July, the three sectors are down 0.5%, 6.2%, and 3.2%, respectively.
Source: http://finance.yahoo.com/news/stock-market-briefing-com-182401296.html

Do you fancy the stock market?

President Mario Draghi pledged the ECB will keep its policy interest rate at a record low 0.5% for “an extended period of time.” This year’s expected inflation rate of 1.4% is below the ECB’s target rate of nearly 2%, which means “the ECB has ample scope to cut interest rates, and perhaps even should do so,” according to Howard Archer, chief U.K. and European economist at IHS Global Insight. He believes the ECB will likely lower its policy interest rate to 0.25% from 0.50% in the fourth quarter. “The ECB could very well be prompted into action to counter a further rise in eurozone market rates, particularly if they spike up when the U.S.
Source: http://news.investors.com/investing-etfs/090513-669964-stock-market-etf-investors-europe.htm

Stock Market Comes Back After Putin-Triggered Sell-Off

The government often revises them.) JUNE 7: WHAT HAPPENED: The 175,000 jobs added by American employers in May struck the right balance for investors. The report suggested the economy was expanding, but not so strongly that the Federal Reserve would pull back from its economic stimulus soon. That program has been an important factor powering a four-year bull run in stocks. HOW THE MARKET REACTED: Stocks surged. The Dow Jones Industrial average rose 207 points, or 1.4 percent, to close at 15,248.12. It was the Dow’s best day in five months.
Source: http://abcnews.go.com/Business/wireStory/stock-market-reacts-jobs-reports-20179641

How the Stock Market Reacts to Jobs Reports

The deal, estimated around US$130bn (84bn) was announced by Vodafone after the close of trading that day on the London Stock Exchange. Quickly, l tried to find the implications of such a deal on the shareholders of Vodafone and this is what l found: Vodafone shareholders are set to receive a 54.3bn payout following the sale of the groups 45 per cent stake. In fact, Vodafone is a favoured stock in the UK. Globally, Vodafone continues to enjoy a lot of growth, making it one of the worlds valued brands. Even though in the case of Vodafone most of the major shareholders are all institutions, individual shareholders, even if in the minority, also stand to benefit handsomely from the deal.
Source: http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=285016