For the Quarter, the Dow climbed 8 Pct, the S&P Rose 3.3 Pct and the Nasdaq gained 1.3 Pct

FOR THE QUARTER, THE DOW CLIMBED 8 PCT, THE S&P ROSE 3.3 PCT AND THE NASDAQ GAINED 1.3 PCT
The material has been provided by InstaForex Company – www.instaforex.comThe post For the Quarter, the Dow climbed 8 Pct, the S&P Rose 3.3 Pct and the Nasdaq gained 1.3 Pct appeared first on forexnewstoday.net.The post For the Quarter, the Dow climbed 8 Pct, the S&P Rose 3.3 Pct and the Nasdaq gained 1.3 Pct appeared first on aroundworld24.com.
http://aroundworld24.com/2016/12/30/for-the-quarter-the-dow-climbed-8-pct-the-sp-rose-3-3-pct-and-the-nasdaq-gained-1-3-pct/

Read More →

CFTC: Speculators Crude Oil Net Longs at 2-Year High

Investing.com – The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending December 27 on …The post CFTC: Speculators Crude Oil Net Longs at 2-Year High appeared first on cru…The post CFTC: Speculators Crude Oil Net Longs at 2-Year High appeared first on Forex news – Binary options.
http://betiforex.com/cftc-speculators-bcrude-oilb-net-longs-at-2-year-high/

Read More →

Senior Hamas official visits Egypt to discuss bilateral relations

The deputy head of the Hamas political bureau arrived in Egypt on Wednesday for an official visit, the movement’s spokesman Abdul Latif Qanou has announced. Mousa Abu Marzook is expected to hold several meetings with Egyptian officials to discuss bilateral relations between Hamas and the government in Cairo. Qanou added that the meetings will also discuss the latest developments in Palestine. The visit by Abu Marzook comes several weeks after a member of the political bureau in the Gaza Strip, Mahmoud Zahar, told reporters that meetings “will be held” between Hamas and Egyptian officials in Cairo. At the time, Zahar said that communication between Hamas and Egypt “has never stopped” and that there is a “common desire” to hold such […]The post Senior Hamas official visits Egypt to discuss bilateral relations appeared first on aroundworld24.com.
http://aroundworld24.com/2016/12/30/senior-hamas-official-visits-egypt-to-discuss-bilateral-relations/

Read More →

Here Are Some Of The Ridiculous New State Laws That Will Take Effect January 1st – Happy New Year!

Back in September we wrote about what we thought for sure would be the wackiest new state law passed in 2016.  The law came from the state of California (of course) and demanded a 40% reduction in methane gas from cow flatulence by 2030.  Here’s what we had to say about the bill:In yet another attack on California businesses, yesterday Governor Jerry Brown signed into law a bill (SB 1383) that requires the state to cut methane emissions from dairy cows and other animals by 40% by 2030.  The bill is yet another massive blow to the agricultural industry in the state of California that has already suffered from the Governor’s passage of a $15 minimum wage and a recent bill that makes California literally the only state in the entire country to provide overtime pay to seasonal agricultural workers after working 40 hours per week or 8 hours per day (see “California Just Passed A $1.7 Billion Tax On The Whole Country That No One Noticed”). According to a statement from Western United Dairymen CEO, Anja Raudabaugh, California’s Air Resources Board wants to regulate animal methane emissions even though it admits there is no known method for achieving the the type of reduction sought by SB 1383. “The California Air Resources Board wants to regulate cow emissions, even though its Short-Lived Climate Pollutant (SLCP) reduction strategy acknowledges that there’s no known way to achieve this reduction.”  This guy even invented a handy backpack for cows to store their farts…not such a dumb idea anymore, now is it? But Californians aren’t the only ones that will be facing some wacky new laws in 2017.  As The Hill points out, Illinois residents who prefer to spear catfish with a pitchfork will be in full compliance with state laws after Sunday, but Oregonians who want to release sky lanterns are shit out of luck.Meanwhile, Illinois adopted a new State Artifact, the pirogue, while California passed a ton of other amazing bills including one that allows hair dressers to serve wine to their guests, provided they don’t charge for it, of course, a new requirement that autographed memorabilia being sold for more than $5 come with a “certificate of authenticity,” and one that allows you to break into a hot or cold car to save an animal, as long as you call authorities first.When the new year rings in, Illinois will also have an official State Artifact — the pirogue, a long, narrow canoe used by Native Americans. The pirogue will take its place alongside the official state snack food (popcorn), the official state fossil (the Tully Monster), the official state dance (the square dance) and the official state insect (the monarch butterfly). California’s most contentious legislative fights over the last year involved new measures on gun control and climate change. But members also found time to allow barbers and beauticians to serve their patrons beer and wine, provided they don’t charge for it. Sacramento also decided to impose stricter rules on those who would sell autographed memorabilia. Any signed item being sold for more than $5 will have to come with a certificate of authenticity once January rolls around. And California state employees will no longer be reimbursed for out-of-state travel to places that allow discrimination on the basis of gender, sexual orientation or gender identity. That law, passed after North Carolina and other states passed measures requiring transgender people to use the bathroom of their birth sex, is likely to impact everything from state employees who want to travel to a conference to the University of California system’s football schedule.In New England, cider brewers in Maine will be able to increase the alcohol content of their batches to 8.5% from 7% while New Hampshire banned bestiality…and while we knew there wasn’t much to do in “The Hampshire” we had no idea this was actually a problem.In Maine, brewers will be able to up the alcohol in their cider to 8.5 percent, from 7 percent. In Colorado, some grocery stores will be able to sell beer, wine and liquor. In Pennsylvania, a state with notoriously stringent alcohol laws passed in the wake of Prohibition, beer distributors will be able to sell six packs for the first time. New Hampshire residents need to be much more careful with laser pointers. Beginning Sunday, it will be a crime to knowingly shine a laser at an aircraft or automobile. The Granite State is also outlawing bestiality, which has somehow remained officially legal in New Hampshire until Sunday morning.Finally, here are the states where Doritos consumption is set to sky rocket in the new year.Other states will liberalize marijuana laws on January 1. Revelers on the Las Vegas Strip will be able to legally possess marijuana for recreational purposes when the clock strikes midnight, and those with medical conditions will have access to marijuana in North Dakota, Florida, Arkansas and Montana. And in Michigan, medical marijuana dispensaries will finally gain legal status, years after the state approved medical sales. Three other states — California, Massachusetts and Maine — passed marijuana legalization measures in November. The new laws have already been implemented in California and Massachusetts, and Maine will join them later in January. And you thought politicians were useless… The post Here Are Some Of The Ridiculous New State Laws That Will Take Effect January 1st – Happy New Year! appeared first on crude-oil.top.The post Here Are Some Of The Ridiculous New State Laws That Will Take Effect January 1st – Happy New Year! appeared first on Forex news – Binary options.
http://betiforex.com/here-are-some-of-the-ridiculous-new-state-laws-that-will-take-effect-january-1st-happy-new-year/

Read More →

2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling

When we first warned 8 days ago that in the last week of trading a “Red Flag For Markets Has Emerged: Pension Funds To Sell “Near Record Amount Of Stocks In The Next Few Days”, and may have to “rebalance”, i.e. sell as much as $58 billion of equity to debt ahead of year end, many scoffed wondering who would be stupid enough to leave such a material capital reallocation for the last possible moment in a market that is already dangerously thin as is, and in which such a size order would be sure to move markets lower, and not just one day. Today we got the answer, and yes – pension funds indeed left the reallocation until the last possible moment, because three days after the biggest drop in the S&P in over two months, the equity selling persisted as the reallocation trade continued, leading to the S&P closing off the year with a whimper, not a bang, as Treasurys rose, reaching session highs minutes before the 1pm ET futures close when month-end index rebalancing took effect. 10Y yields were lower by 2bp-3bp after the 2pm cash market close, with the 10Y below closing levels since Dec. 8. Confirming it was indeed a substantial rebalancing trade, volumes surged into the futures close, which included a 5Y block trade with ~$435k/DV01 according to Bloomberg while ~80k 10Y contracts traded over a 3- minute period.The long-end led the late rally, briefly flattening 5s30s back to little changed at 112.5bps. Month-end flows started to pick up around noon amid reports of domestic real money demand; +0.07yr duration extension was estimated for Bloomberg Barclays Treasury Index. Earlier, TSYs were underpinned by declines for U.S. equities that accelerated after Dec. Chicago PMI fell more than expected. Looking further back, the Treasury picture is one of “sell in December 2015 and go away” because as shown in the chart below, the 10Y closed 2016 just shy of where it was one year ago while the 30Y is a “whopping” 4 bps wider on the year, and considering the recent drop in yields as doubts about Trumpflation start to swirl, we would not be surprised to see a sharp drop in yields in the first weeks of 2017. Already in Europe, German Bunds are back to where they were on the day Trump was elected.So with a last minute scramble for safety in Treasurys, it was only logical that stocks would slide, closing the year off on a weak note. Sure enough, the S&P500 pared its fourth annual gain in the last five years, as it slipped to a three-week low in light holiday trading, catalyzed by the abovementioned pension fund selling. The day started off, appropriately enough, with a Dollar flash crash, which capped any potential gains in the USD early on, and while a spike in the euro trimmed the dollar’s fourth straight yearly advance, the greenback still closed just shy of 13 year highs, up just shy of 3% for the year.  Meanwhile, the year’s best surprising performing asset, crude, trimmed its gain in 2016 to 52%.The S&P 500 Index cut its advance this year to 9.7 percent as it headed for the first three-days slide since the election. The Dow Jones Industrial Average was poised to finish the year 200 points below 20,000 after climbing within 30 points earlier in the week. It appears the relentless cheerleading by CNBC’s Bob Pisani finally jinxed the Dow’s chances at surpassing 20,000 in 2016. Trading volume was at least 34 percent below the 30-day average at this time of day. A rapid surge in the euro disturbed the calm during the Asian morning, as a rush of computer-generated orders caught traders off guard. That sent a measure of the dollar lower for a second day, trimming its rally this year below 3 percent.Actually, did we say crude was the best performing asset of the year? We meant Bitcoin, the same digital currency which we said in September 2015 (when it was trading at $250) is set to soar as Chinese residents start using it more actively to circumvent capital controls, soared, and in 2016 exploded higher by over 120%.For those nostalgic about 2016, the chart below breaks down the performance of major US indices in 2016 – what began as the worst start to a year on record, ended up as a solid year performance wise, with the S&P closing up just shy of 10%, with more than half of the gains coming courtesy of an event which everyone was convinced would lead to a market crash and/or recession, namely Trump’s election, showing once again that when dealing with artificial, centrally-planned market nobody has any idea what will happen, or frankly, what is happening. Looking at the breakdown between the main asset classes, while 30Y TSYs are closing the year effectively unchanged, the biggest equity winners were financials which after hugging the flatline, soared after the Trump election on hopes of deregulation, reduced taxes and a Trump cabinet comprised of former Wall Streeters, all of which would boost financial stocks, such as Goldman Sachs, which singlehandedly contributed nearly a quarter of the Dow Jones “Industrial” Average’s upside since the election. The FX world was anything but boring this year: while the dollar soared on expectations of reflation and recovery, the biggest moves relative to the USD belonged to sterling, with cable plunging after Brexit and never really recovering, while the Yen unexpectedly soared for most of the year, only to cut most of its gains late in the year, when the Trump election proved to be more powerful for Yen devaluation that the BOJ’s QE and NIRP.The largely unspoken story of the year is that while stocks, if only in the US – both Europe and Japan closed down on the year – jumped on the back of the Trump rally, bonds tumbled. The problem is that with many investors and retirees’ funds have been tucked away firmly in the rate-sensitive space, read bonds, so it is debatable if equity gains offset losses suffered by global bondholders.
And speaking of the divergence between US equities and, well, everything else, no other chart shows the Trump “hope” trade of 2016 better than this one: spot thee odd “market” out.So as we close out 2016 and head into 2017, all we can add is that the Trump “hope” better convert into something tangible fast, or there will be a lot of very disappointed equity investors next year. And with that brief walk down the 2016 memory lane, we wish all readers fewer centrally-planned, artificial “markets” and more true price discovery and, of course, profits.  See you all on the other side. The post 2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling appeared first on crude-oil.top.The post 2016 Ends With A Whimper: Stocks Slide On Last Minute Pension Fund Selling appeared first on aroundworld24.com.
http://aroundworld24.com/2016/12/30/2016-ends-with-a-whimper-stocks-slide-on-last-minute-pension-fund-selling/

Read More →

الأسهم الأمريكية تغلق آخر جلسات العام على انخفاض..و”داو جونز” يحقق مكاسب بنسبة 13.4% في 2016

أغلقت الأسهم الأمريكية جلسة التداول الأخيرة في عام 2016 على انخفاض مسجلة بذلك أول انخفاض لثلاث جلسات متتالية منذ 4 نوفمبر/تشرين الثاني، ولكن المؤشرات الرئيسية حققت مكاسب قوية هذا العام.   وتراجع مؤشر “داو جونز” الصناعي (- 57 نقطة) إلى 19762 نقطة، كما تراجع مؤشر “نازداك” (- 49 نقطة) إلى 5383 نقطة، بينما تراجع مؤشر “S&P 500” […]

The post الأسهم الأمريكية تغلق آخر جلسات العام على انخفاض..و”داو جونز” يحقق مكاسب بنسبة 13.4% في 2016 appeared first on forexnewstoday.net.

Read More →