Stocks Inch Up On Christmas Eve – Yahoo Finance

S&P 500 rose about 0.1 percent. Most European markets are fractionally lower except Milan, which rose more than 1 percent. Profit takers drove down Shanghai 2 percent overnight and Mumbai by 1 percent, although Japan’s Nikkei rose more than 1 percent thanks to strong economic data in the United States. The S&P 500 has risen for five straight sessions, and closed yesterday back in record territory.
Source: http://finance.yahoo.com/news/stocks-inch-christmas-eve-130715721.html

Stocks push to record highs, continuing a rally – New Jersey Herald

It was the 50th closing high for the S&P 500 this year. The Nasdaq rose sixteen points, or 0.3 percent, to 4,781. The market is coming off a big advance last week, which gave the S&P 500 its second-biggest weekly gain this year. Benchmark U.S.
Source: http://www.njherald.com/story/27688825/stocks-push-to-record-highs-continuing-a-rally

Stocks Move Modestly Higher, Adding To Recent Gains – U.S. Commentary – NASDAQ.com

Nonetheless, overall trading activity has remained somewhat subdued amid the holiday-shortened Christmas Eve session. Biotechnology stocks have moved sharply higher in early trading, regaining some ground after ending the previous session sharply lower. After tumbling by 4.4 percent on Tuesday, the NYSE Arca Biotechnology Index is up by 2.2 percent. Airline, utilities, and healthcare stocks are also seeing early strength, while energy stocks are moving to the downside along with the price of crude oil.
Source: http://www.nasdaq.com/article/stocks-move-modestly-higher-adding-to-recent-gains–us-commentary-20141224-00179

US stocks eke out gains in abbreviated trading day – Yahoo News

View photo In this Wednesday, Oct. 8, 2014 photo, a man walks to work on Wall Street, in New York. Stocks are opening slightly higher, Wednesday, Dec. 24, 2014, a day after the Dow Jones industrial average closed above 18,000 for the first time. (AP Photo/Mark Lennihan) Stocks are closing mostly higher a day after the Dow Jones industrial average closed above 18,000 for the first time.
Source: http://news.yahoo.com/us-stocks-eke-gains-abbreviated-180827382.html

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Obama, Malaysian Pm Hit The Links In Hawaii – Yahoo News

View photo US President Barack Obama watches Malaysian Prime Minister Najib Razzak prepare to putt as they play golf at Marine Corps Base Hawaii on December 24, 2014 (AFP Photo/Nicholas Kamm) US President Barack Obama, on vacation in Hawaii, tends to golf with buddies and aides, but on Wednesday mixed things up, hitting the links with Malaysian Prime Minister Najib Razak. “The president and Prime Minister Najib of Malaysia enjoyed golf together today,” a White House official said. “The two leaders took the opportunity to discuss the growing and warming relationship between the United States and Malaysia.” In addition, Obama is looking forward to working with the prime minister in 2015 when Malaysia chairs the Association of Southeast Asian Nations, the official said. Obama, who usually plays at the Marine Corps base in Kaneohe Bay when in Hawaii, made the first visit by a sitting US president to Malaysia in decades last year. Politics & Government
Source: http://news.yahoo.com/obama-malaysian-pm-hit-links-hawaii-045311163.html

Obama Tees off in Hawaii With Malaysian Leader – ABC News

Obama crouched low to line up his shot, but the ball tilted left and evaded the hole. After another failed attempt, he picked up the ball and called it quits. Najib, too, missed his next shot, but a gracious Obama gave him a pat on the shoulder and praised his golf game just the same. “Merry Christmas,” Obama said as he waved to the sites media. Then he added a note of caution for reporters covering his Hawaiian getaway.
Source: http://abcnews.go.com/Politics/wireStory/obama-tees-off-hawaii-malaysian-leader-27820631

Obama glad ‘Interview’ released, but won’t say if he’ll watch film – LA Times

He’s shown America solves problems. ( Christi Parsons and Kathleen Hennessey ) It was just last week that Obama called it a mistake for Sony to scuttle plans for releasing the film, which is about a wacky plot to assassinate North Korean leader Kim Jong Un, amid threatened retaliatory attacks. The entertainment industry should not engage in self-censorship for fear of offending foreign dictators like North Korea’s president, Obama said at a White House news conference. By Monday, Sony announced it would go ahead with a limited release in theaters starting Christmas Day. And on Wednesday, the studio made the film available to rent on platforms such as YouTube, Google Play and Microsoft’s Xbox Video. Here comes the President Haters.
Source: http://www.latimes.com/nation/politics/politicsnow/la-pn-obama-the-interview-20141224-story.html?track=rss

Obama notes end of Afghanistan war in Christmas address | TheHill

Brownsville has just two federal judges — Hanen and an appointee of Democratic ex-President Bill Clinton — and they evenly split all incoming civil cases, according to the courts website and a courthouse clerk who confirmed the case-assignment protocol but declined to give her name. The assignments are random between Hanen and the other judge, Lauren Bean, a spokeswoman for the state attorney generals office, said in an e-mailed response to questions on how Texas decided where to file the case. Bean had no comment on todays filing. Texas is uniquely qualified to challenge the presidents executive order, and south Texas is at the epicenter of where border security is of concern for Texas and the entire nation, Texas Attorney General Greg Abbott , a Republican who was elected governor in November, said at a Dec. 3 press conference about the litigation.
Source: http://www.bloomberg.com/news/2014-12-24/obama-immigration-policy-critic-to-decide-states-lawsuit-1-.html

Obama Policy Critic Weighs Statesā€™ Immigration Order Challenge – Bloomberg

troops and their families. In the presidents weekly address issued on Christmas Eve, Obama said the holiday was a time to step back and reflect on the sacrifices of military families. ADVERTISEMENT Were able to gather with family and friends because our troops are willing to hug theirs goodbye and step forward to serve. After a long day, we can come home because theyre willing to leave theirfamiliesand deploy. We can celebrate the holidays because theyre willing to miss their own, Obama said. Obamas address was basically free from politics, except for a comment about how the combat mission in Afghanistan would soon be over. Obama, who hopes to have all troops removed from Afghanistan at the end of his presidency, said that when the combat mission ends, our longest war will come to a responsible end. The White House earlier this month in a blog post noted that there were 180,000 U.S.
Source: http://thehill.com/homenews/administration/228080-obama-notes-end-of-afghan-war-in-christmas-address

Etf Preview: Etfs, Futures Higher As Jobless Claims Fall To Lowest Level In Seven Weeks – Nasdaq.com

The move follows an unsolicited proposal from JCOM to acquire the outstanding shares of CARB earlier in December. Energy Dow Jones U.S. Energy Fund (IYE) was up 0.2% while Energy Select Sector SPDR (XLE) was down 0.8%. Midstates Petroleum (MPO) named Mark Eck as executive vice president and chief operating officer. MPO, an independent oil driller working fields in Louisiana, Oklahoma and Texas, reported that Eck most recently worked for Samson Resources, as vice president of business development.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-as-jobless-claims-fall-to-lowest-level-in-seven-weeks-cm426577

Investors should go back to picking stocks: Experts

However, it also takes away one of the strongest arguments for owning an ETF in which you know what you own at any given time. Expect the Unexpected It happens every year, but most investors often forget that new sector leaders have a way of coming out of left field . This is often a function of money rotating out of overbought areas of the market and into opportunities that offer a more attractive value proposition. It helps to prepare yourself now that 2015 will likely feature new areas of strength and weakness that stem from the ebb and flow of capital.
Source: http://www.nasdaq.com/article/etf-trends-to-watch-for-in-2015-cm426411

ETF Trends To Watch For In 2015 – NASDAQ.com

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings?
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-gain-in-line-with-futures-energy-funds-higher-cm425974

ETF Preview: Broad Market ETFs Gain in Line With Futures; Energy Funds Higher – NASDAQ.com

An investment in the Fund is subject to the risks associated with the Underlying Sector ETFs that comprise the Underlying Index. The Fund will indirectly pay a proportional share of the asset-based fees of the Underlying Sector ETFs in which it invests. The Fund is subject to the Underlying Sector ETFs Risks, making it subject to certain risks specific to each Underlying Sector ETF. The Fund is considered nondiversified, which could cause greater fluctuation in share price than would occur in a diversified fund. An investment in the Fund involves risks, including loss of principal. ALPS Portfolio Solutions Distributor, Inc.
Source: http://finance.yahoo.com/news/alps-equal-sector-weight-etf-143000534.html

3 Thriving ETFs with Over 500% AUM Growth in 2014 – ETF News And Commentary – Yahoo Finance

Experts did away with the recent notion that ETFs are a better investment than betting on individual stocks on Wednesday. David Nelson, chief strategist of Belpointe Asset Management, a Greenwich-based wealth management firm, said investors should shift attention back to individual stocks from overall indexes. “We’re past the time of index investing,” he said in an interview on CNBC’s “Closing Bell.” “All the liquidity (the Fed) pumped in brought up the bad with the good, and we’re seeing less of that.” Read More 10 rookie ETFs that raked in the 2014 cash Peter Costa, president of Empire Executions, a New York City-based trading firm, said in the same interview he agreed with Nelson’s analysis. “In a growing market, everyone’s a genius,” he said. “When the market starts selling off, that’s when bottom-down research becomes very important.” Read More Are these ETFs cutting-edge or just plain crazy?
Source: <a href='http://www.cnbc.com/id/102294677?__source=yahoonews&par=yahoonews&#039; site internet >http://www.cnbc.com/id/102294677?__source=yahoonews&par=yahoonews

ALPS Equal Sector Weight ETF Declares Fourth Quarter Distribution – Yahoo Finance

oil boom over the longer term. While most of the products in this space have substantially increased their sizes, IMLP emerged as the biggest winner. Its AUM surged to $775.9 million from about $52 million at the start of 2014. The ETN follows the S&P MLP Index and charges 80 bps in fees per year from investors.
Source: http://finance.yahoo.com/news/3-thriving-etfs-over-500-180006124.html

Etf Preview: Broad Market Etfs Gain In Line With Futures, Russia Bull Funds Rebound – Nasdaq.com

this one The benchmark will remove stocks such as Expedia, F5 Networks and Maxim Integrated Products from its index composition, while American Airlines Group (AAL), Electronic Arts (EA) and Lam Research (LRCX) will be added to the index. Moreover, the exchange has recently revised its methodology for stock inclusion. The new methodology allows for multiple share classes of index components. As a result, Comcast Corp Class A Special, Twenty-First Century Fox Class B and Liberty Global plc Class C shares will be included the index. These changes will be effective from December 22, 2014. Changes in this index are definitely going to alter the fund composition of ETFs closely tracking the index.
Source: http://finance.yahoo.com/news/qqq-etf-focus-nasdaq-announces-170205825.html

BlackRock Rides ETF Growth Wave – Yahoo Finance

Stocks in the upper left quadrant (weak Power Gauge-rated stocks in strong Industry Groups) like Amazon and Netflix ( NFLX ) can be swapped for strong stocks in those same industry groups like eBay ( EBAY ) and DSW Inc. Over time, strong stocks in strong industry groups will outperform the market. In addition to buying the XRT on weakness, one stock to buy in the XRT is DSW Inc. DSW Inc. has a bullish Power Gauge rating that is driven by increasing bullish analysts opinions, positive Industry Group strength and improving price volume activity. As a bricks and mortar retailer that has turned around its business and created a strong online presence, DSW represents an alternative to the weak price and profit performance of Amazon.
Source: http://www.nasdaq.com/article/etf-outlook-spdr-sp-retail-etf-xrt-cm424330

QQQ ETF in Focus as Nasdaq Announces Changes to the Index – ETF News And Commentary – Yahoo Finance

U.S. stock futures were also looking to open Thursday’s regular session in positive territory following the report that weekly jobless claims fell by 6,000 to 289,000, versus the expected adjusted claims of 295,000. Continuing claims fell 147,000 to a seasonally adjusted 2.37 million and are near a 14-year low. Market sentiment has been upbeat following the Federal Open Market Committee statement, which after its policy meeting concluded Wednesday afternoon, that it will be “patient” about the timing of its first interest rate hike.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-firmer-following-upbeat-jobless-claims-data-fomcs-patient-stance-on-rate-hike-cm424610

ETF Preview: ETFs, Futures Firmer Following Upbeat Jobless Claims Data; FOMC’s “Patient” Stance on Rate HIke – NASDAQ.com

In its 2014 U.S. Institutional ETF Usage Report published earlier this month, BlackRock notes the results show that institutional use of ETFs is expected to rise across the board. This trend holds true for both existing institutional ETF investors and those who do not currently hold ETFs. [Institutional ETF Use on the Rise] BlackRock and rival Invesco ( IVZ ) are also expected to be big beneficiaries of the smart beta boom. The expansion of smart beta will benefit asset managers with businesses centered around smart beta the most.
Source: http://finance.yahoo.com/news/blackrock-rides-etf-growth-wave-181552116.html

Russia ETF Sees Some Departures – Yahoo Finance

That is not deterring some traders from taking a bearish view of RSX. Traders pulled $49.4 million from the ETF on Monday, the biggest one-day outflow from the fund since September 2013, according to Bloomberg. However, if short sellers keep piling into RSX, the ETFs shares outstanding total will increase, effectively boosting its assets under management tally. Despite tumbling more than 45% this year, RSX has hauled in $1.22 billion in new assets.
Source: http://finance.yahoo.com/news/russia-etf-sees-departures-153005786.html

ETF Outlook: SPDR S&P Retail ETF (XRT) – NASDAQ.com

If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com . Please confirm your selection: You have selected to change your default setting for the Quote Search. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings?
Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-gain-in-line-with-futures-russia-bull-funds-rebound-cm424824

Stocks Are Down, Then Up In A Confusing Day Of Investing – Thestreet

Stocks Stuck Firmly In The Red In Mid-Day Trading – U.S. Commentary – NASDAQ.com

The Nasdaq, down almost 66 points early on, finished higher by 25.77 to close at 4,766. The Russell 2000 gained 20.85 points to close at 1,188.06. The S&P 500 Trust Series ETF ( SPY ) volume traded over 124 million shares on Tuesday. This was roughly 50% more volume versus its year-over-year average. Going forward the rest of this trading week, what does it all mean and where do we go from here?
Source: http://www.thestreet.com/story/12980055/1/stocks-are-down-then-up-in-a-confusing-day-of-investing.html?cm_ven=RSSFeed

https://www.youtube.com/v/fn3y1hNVgA4

Stocks Move Sharply Lower Amid Global Sell-Off – U.S. Commentary – NASDAQ.com

Citi CEO Michael Corbat said that the bank would take a $3.5 billion charge in the fourth quarter related to investigations and restructuring. Corbat said, however, that the bank still expects to be “marginally profitable” in the fourth quarter. 6. In economic data, the latest NFIB report on small business showed that 45% of the survey’s respondents reported “few or no qualified applications” for positions they sought to fill. This number, coupled with an increase in the number of firms that reported an increase in actual worker compensation in November, suggest that higher wages could be coming for America’s workers. Follow Closing Bell and never miss an update! Get updates in your Facebook news feed.
Source: http://www.businessinsider.com/closing-bell-december-9-2014-12

Closing Bell, December 9 – Business Insider

Spirit Airlines ( SAVE ) has helped to lead the sector lower, plunging by 13.1 percent. Trucking, banking, telecom, and pharmaceutical stocks are also seeing considerable weakness, moving lower along with most of the other major sectors. However, gold stocks are bucking the downtrend amid a sharp jump by the price of the precious metal. With gold for February delivery soaring $36.60 to $1,231.50 an ounce, the NYSE Arca Gold Bugs Index has surged up by 7 percent. As mentioned above, stock markets across the Asia-Pacific region moved mostly lower during trading on Tuesday.
Source: http://www.nasdaq.com/article/stocks-move-sharply-lower-amid-global-selloff–us-commentary-20141209-00734

stocks are ending slightly lower, avoiding the sharp declines that occurred in Europe and China. European markets slid Tuesday after an early presidential vote was called in Greece, which investors feared could jeopardize the struggling country’s bailout program. Stocks also what are the top 100 stocks to buy fell in China after regulators there tightened rules for lending. The Dow Jones industrial average fell 51 points, or 0.3 percent, to 17,801.
Source: http://abc7news.com/business/stocks-fall-on-foreign-financial-affairs/152263/

WALL STREET: Stocks fall on world financial affairs | abc7news.com

Pharmaceutical, trucking, and banking stocks also continue to see significant weakness on the day, pulling back further off their recent highs. On the other hand, gold stocks continue to buck the downtrend, with the NYSE Arca Gold Bugs Index surging up by 5.5 percent. The strength in the sector comes as gold for February delivery is soaring $36.30 to $1,231.20 an ounce. Other Markets As mentioned above, stock markets across the Asia-Pacific region moved mostly lower during trading on Tuesday.
Source: http://www.nasdaq.com/article/stocks-stuck-firmly-in-the-red-in-midday-trading–us-commentary-20141209-00828

Fidelity Plans New Reit Etf – Yahoo Finance

Financial companies are especially subject to the adverse effects of economic recession, currency exchange rates, government regulation, decreases in see page the availability of capital, volatile interest rates, portfolio concentrations in geographic markets and in commercial and residential real estate loans, and competition from new entrants in their fields of business. Unlike larger national or other regional banks that are more geographically diversified, a community banks financial performance may be highly dependent upon the business environment in certain geographic regions of the U.S. and may be adversely impacted by any downturn or unfavorable economic or employment developments in its local market and the U.S. as a whole. The fund is classified as non-diversified and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.
Source: http://finance.yahoo.com/news/first-trust-announces-assets-now-220400663.html

Looking Forward: A Glance Into 2015’s ETF Landscape – Forbes

Moreover, REITs add diversification benefits to the portfolio and also act as an inflation hedge. Also, with a gradually improving economy and the prevailing low interest rate, the outlook for the REIT industry is expected to remain strong going forward (read: REIT ETFs for Income and Diversification ). ETF Competition The fund if approved is expected to face competition from some of the top players in the REIT space. Vanguard REIT ETF( VNQ ) with an asset base of $25.9 billion is the most popular product in this space. The fund tracks the MSCI US REIT to provide exposure to 138 stocks, having the highest allocation to Retail REITs (26%), followed by Residential REITs (16%) and Healthcare and Office REITs (13% each). The fund is quite cheap with just 10 basis points as fees and has a solid dividend yield of 3.57% (see all Real Estate ETFs here ).
Source: http://finance.yahoo.com/news/fidelity-plans-reit-etf-222025103.html

ETFs about to pass $2 trillion in assets

New York Life announced the acquisition on Thursday, but the deal’s exact terms weren’t disclosed. A news release said IndexIQ will be integrated into the giant insurer’s investment-management business and marketed through New York Life’s Mainstay Investments platform, which currently offers mutual funds. The acquisition is part of a trend in which “many mutual fund providers are losing market share to lower cost ETFs and are taking a number [of] steps to battle back,” said Todd Rosenbluth, director of ETF and mutual fund research at S&P Capital IQ, in a note. Index IQ has been viewed as a takeover target for at least a few months, as a report in October said Goldman Sachs was in talks to buy the ETF provider. IndexIQ is a relatively small ETF company in terms of assets, ranking outside the top 20, according to ETF.com data .
Source: http://www.foxbusiness.com/markets/markets/2014/12/04/etf-firm-buyout-seen-as-cant-beat-them-join-them-move/

Market Vectors to Close Five ETFs – Yahoo Finance

Market Vectors ETF Trusts board of trustees yesterday approved the closure of the Market Vectors Colombia ETF ( COLX ) , Market Vectors Germany Small-Cap ETF ( GERJ ) , Market Vectors Renminbi Bond ETF ( CHLC ) , Market Vectors Latin America Small-Cap Index ETF ( LATM ) and the Market Vectors Bank & Brokerage ETF ( RKH ) . This distribution is currently scheduled to paid on December 15, 2014, according to a statement issued by Market Vectors. All five of the ETFs will cease trading on the New York Stock Exchange after the close U.S. markets on Dec. 12.
Source: http://finance.yahoo.com/news/market-vectors-close-five-etfs-170042939.html

ETF Firm Buyout Seen As ‘can’t Beat Them, Join Them’ Move | Fox Business

It all began in 1993 with the S&P 500 SPDR , known as “The Spider,” which tracks the whole index pretty much exactly. Read More Bullish bound in gold ETF? It hasn’t helped that active investing is having another brutal year. Just 9 percent of U.S. equity mutual funds are beating the S&P 500 this year, according to the Wall Street Journal. ETFs “are the Uber of capital markets, pairing lower costs and convenience to offer a service previously associated with wealthier consumers,” said Colas, who started his career on Wall Street in the mailroom of a mutual fund company in 1984.
Source: http://www.cnbc.com/id/102241024

First Trust Announces that Assets Now Exceed $100 Million in the First Trust RBA American Industrial RenaissanceĀ® ETF – Yahoo Finance

We founded our firm in 2007 because there is a better way to invest. I have spent most of my career on Wall Street advising some of the wealthiest families in the country including 3 of the Forbes 400 families. However, I realized that selling hedge funds, structured products, and other complex strategies with high fees and hidden conflicts doesnt translate into good advice and it simply doesnt work especially in the post-2008 market environment. Our simple belief is that sophisticated advice using low cost index funds and ETFs delivers better results for our clients. Our approach has been validated by decades of research and we are now one of the faster growing independent firms in the country.
Source: http://www.forbes.com/sites/duncanrolph/2014/12/04/looking-forward-a-glance-into-2015s-etf-landscape/

Stocks Remain Mostly Negative In Mid-day Trading – U.s. Commentary – Nasdaq.com

Russian ADRs Drop as Putin Berates Opponents on Ukraine – Bloomberg

Friday morning, the Labor Department is scheduled to release its more closely watched monthly jobs report for November. Economists expect the report to show an increase of about 230,000 jobs in November, while the unemployment rate is expected to hold steady at 5.8 percent. Sector News Railroad stocks continue to see substantial weakness in mid-day trading, with the Dow Jones Railroads Index down by 1.7 percent. The index has seen considerable volatility over the past few sessions after reaching a record high last week.
Source: http://www.nasdaq.com/article/stocks-remain-mostly-negative-in-midday-trading–us-commentary-20141204-00759

U.S. Stocks Drop on ECB Stimulus Plans as Energy Slumps

Airlines have also benefited from the good economy and falling energy prices. On the flip side, our proprietary researchLAB market scanner shows weakness in oil and gas producers, along with the companies that serve them. Buyers have also returned to Europe amid signs of economic recovery. Data from Germany today showed factory orders rising much more than expected in October, validating central bank chief Mario Draghi’s decision yesterday not to rush forward with monetary stimulus. The calendar slows considerably going forward, with no major event until retail sales next Thursday.
Source: http://www.nasdaq.com/article/stocks-inch-higher-before-payrolls-cm420056

Stocks little changed after payroll report – NASDAQ.com

5 truce and said Russia is forcing its own citizens to pay a steep economic and human price, a State Department Official said in an e-mailed statement. Kerry and Russian Foreign Minister Sergei Lavrov discussed efforts to negotiate a Ukrainian cease-fire in Basel , Switzerland yesterday. The conflict has killed more than 4,300 people and displaced 500,000 this year, and the truce has been broken almost daily. Handing the best stock buys today olive branch to the West in the current circumstances would be viewed by Putins supporters as a sign of weakness, Aleksei Belkin, who helps manage about $4 billion at Moscow-based Kapital Asset Management LLC, said by phone yesterday.
Source: http://www.bloomberg.com/news/2014-12-04/russian-stocks-drop-in-u-s-as-putin-chides-opponents-on-ukraine.html

The bounce back has been in part due to slightly better economic trends in Europe. We had fears in the market of a possible recession in Germany and they avoided recession so the euro zone looks better.” German factory orders, adjusted for seasonal swings and inflation, climbed 2.5 percent after a revised increase of 1.1 percent in September, data from the Economy Ministry in Berlin showed today. Economists had predicted a 0.5 percent increase. U.S.
Source: http://finance.yahoo.com/news/european-stocks-climb-amid-ecb-135703696.html

European Stocks Climb Amid ECB Stimulus Bets, German, U.S. Data – Yahoo Finance

Until you see some kind of QE stimulus from Europe, whatever he says about it isnt going to matter too much. Everyone will be focused on the strength of the jobs number. Bill Gross said the creation of more debt by policy makers worldwide to solve the credit crisis will be judged by future generations much like smoking in public or discrimination against gays is viewed by people today. Economic Data Gross, who left Pacific Investment Management Co. in September to join Janus Capital Group Inc., recommended in an investment outlook that investors put money into higher-quality assets and reduce the duration of their holdings.
Source: http://www.msn.com/en-us/money/topstocks/us-stocks-erase-loss-as-ecb-said-considering-stimulus/ar-BBgjRXN?srcref=rss