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The second quarter earnings season is well on its way and this week will be jam packed with yet another round of reports. Last week, aluminum giant Alcoa (AA) reported a $119 million second quarter loss due to weak aluminum prices, putting the bellwether’s EPS at a mere 7 cents per share, but still slightly higher than Wall Street estimates. On Friday, JPMorgan (JPM) reported second quarter earnings rising 31%, while Wells Fargo & Co. (WFC) net income surged 19% [see 25 Wild ETF Charts From 1H 2013].  [click to continue…]

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Wall Street started off the month of June with a bang, with all three major indexes rallying in the final minutes of trading after a somewhat choppy session. In economic news, the Institute for Supply Managements index of manufacturing activity unexpectedly contracted in May, marking its first decline in six months. In a separate report, the Commerce Department reported construction spending for April rising less than expected. Investors weighed these underwhelming U.S. economic reports against potential monetary policy changes by the Fed. As such, many will be keeping a close eye on the monthly government employment report at the end of the week [see The Cheapest ETF for Every Investment Objective].

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U.S. equities seemingly took a breather today from last week’s record run, as investor concern over the Fed scaling back its major bond buying program weighed heavily on the markets. Today, Federal Reserve Bank of Chicago President Charles Evans commented that while the central bank’s stimulus measures have made good progress, officials need “a little […]

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During the final hour of trading, U.S. equities rallied higher with the Dow Jones Industrial Average and S&P 500 hitting fresh highs and all three major averages posting their fourth-straight weekly gain. Bolstering stocks were a pair of domestic economic reports. The University of Michigan’s  consumer sentiment index for May rose to its highest level […]

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U.S. equities closed at record highs today after the legendary hedge fund manager David Tepper commented that he is “definitely bullish” on stocks. In an interview with CNBC, Tepper also cited that he sees an improving economy, particularly in the housing and auto markets, as reasons to be bullish. Meanwhile in economic news, U.S. small-business […]

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Though no major economic data was reported this week, Wall Street charged ahead, pushing the Dow Jones Industrial Average above the milestone 15,000 level for the first time on Tuesday. Meanwhile, investors digested several key developments from outside of the U.S.: in a surprising move, the Reserve Bank of Australia slashed its benchmark interest rate […]

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The first quarter of 2013 earnings season has taken over the headlines, with several bellwethers reporting both hits and misses. Of the trends seen so far this season, firms missing revenue expectations seems to be a predominant one; many companies have beaten profits not because revenues are up, but because costs have decreased. However, some firms have […]

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U.S. stocks traded higher right from the opening bell on Monday morning as China growth fears subsided and upbeat earnings reports hit The Street. Despite bullish price action all week, U.S. GDP missed on Friday and the S&P 500 Index failed to summit the 1,600 level for the second time in April, leading many technicians […]

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How To Play Earnings This Week

by on April 22, 2013

China growth fears and earnings jitters will remain key themes this week as investors look to decipher fundamental data releases, both at home and abroad, amid the bull market on Wall Street. In Europe, news of Giorgio Napolitano staying in office spurred a confidence rally in the bond market, although the eurozone as a whole still remains […]

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U.S. equities broke their four-day winning streak today, finishing slightly lower, but still off their lows earlier in the session. Weighing on the markets were a slew of disappointing economic reports, forcing stocks to trade in negative territory for the majority of the day. Retail sales for March fell 0.4%, well below expectations and marking […]

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Short-term traders and long-term investors alike have flocked to exchange-traded funds (ETFs) in large part because of the exposure they provide to different segments of the economy, including stock sectors, commodities, bonds, real estate and global markets. Investors can now buy a single ETF providing diversified exposure to a specific area of the global economy, […]

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12 Cheap ETFs Every Trader Must Know

by on March 20, 2013 | Updated December 8, 2014

The popularity of ETFs–for their transparency, diversity across asset classes and low fees–have created a lot of competition between ETF providers to attract volume. One way ETFs attract volume is through a low expense ratio (ER). The ER is the fee charged to manage your funds on a yearly basis, expressed as a percentage. While […]

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