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Daily Data Flow: S&P and DOW Hit All-Time Highs Again, Optimism Remains; Treasury 10-Year Yields Fall from Two-Month High; 2013 Graduating Class Entering Weakened Economy

The S&P and DOW hit all-time highs earlier today as stocks edged up, continuing the market’s recent upward trend. Specifically, eight of the S&P 500’s 10 sectors traded higher, with the S&P consumer staples index up by 0.8 percent. more»

ETF Talk: Should Your Summer Plans Include Shorting Tech?

I have made a case during past ETF Talk articles that technology stocks tend to decline heading into the summer months, but I also want to educate you about a way to profit from any plunge. One answer is to “short” technology, and an exchange-traded fund (ETF) that lets you do so is the ProShares Short QQQ (PSQ).

This non-diversified fund more»

Making Money Alert: A Bull in Sin City

This week’s Making Money Alert comes to you directly from Sin City, a.k.a. Las Vegas, Nev. I’m here for the next couple of days at the annual Money Show, an event that I’ve been attending and speaking at every year for as long as I can remember.

I must say that this year, attendance is robust. I don’t have any kind more»

How the Elite “SS-4 Income Stream” Could Make You America’s Next Millionaire

An interesting new report involving the “SS-4″ reveals a stunning secret about some of America’s wealthiest people. To find out exactly what they’re doing, and how it could make you America’s next millionaire, just go here.

Producer Prices Post Big Drop in Three Years; Deere Cuts Forecast as Wet Weather Slows Construction; Germany Fails to Stop Europe’s Malaise

The latest sign that the U.S. economy remains weak comes in the form of U.S. producer prices notching their largest drop in three years during April. amid falling gasoline and food costs. more»

Daily Data Flow: Earnings Yield Hits 58-Year High; Deficit to Fall to $642 Billion; Yen, Euro Down

A strong earnings yield sent stocks in the S&P 500 to a 58-year high earlier today. Although the 5.4 percent earnings yield is still below its historical average, the number is nearly triple the 1.9-percent yield of a 10-year Treasury note. more»

PowerTalk — Steve Forbes Focuses on the Economy, Taxes, Health Care and Obama

This week on PowerTalk, I am excited to feature someone who is truly informed to produce a great conversation that takes you behind the scenes and in the know. In addition, we get an answer to a question that many have been wondering, if not asking, based on what we’ve seen during the last few years: How would President Obama more»

Hedge Fund Manger Eyes Sony Break-up; J.P. Morgan’s Dimon is in the Crosshairs; Verizon-Vodafone Agrees to Slice $7 Billion Dividend Pie

Daniel Lieb, the man behind the ouster of Yahoo’s former chief and the hiring of Marissa Mayer away from Google to run Yahoo. is setting his sights on Sony Entertainment. more»

The Global Guru: Why Hedge Fund Managers Aren’t As Dumb as You Think

With the average hedge fund failing to beat the U.S. stock market for four years in a row, the reputation of Wall Street’s Masters of the Universe is taking a beating of late.

According to London’s Financial Times, a simple portfolio of 60% U.S. equities and 40% bonds generated the same 7.3% return that an average hedge fund did over the more»

Daily Data Flow: Mixed Day for Stocks; Investors Borrowing Big from Portfolios; Dollar up for Third Straight Session

In the wake of better-than-expected April retail sales data, stocks had a mixed day, with about three stocks falling for every two that rose. The S&P 500 squeaked out a minimal gain for the day, while the Dow lowered slightly. more»

S&P 500 up 26% Annually Since 2009; Chinese Economic Future Clear as the Yangtze River; When Is a $1.9 Billion Loss Really a Win?

The S&P 500 has averaged 26.2% annual returns since March 2009. more»