Stock Market Today


 

The search for a new home, especially among first-time buyers, has a lot of moving parts.

According to a recent report from Chase Home Lending, a division of JPMorgan Chase & Co. (NYSE: JPM), and Alphabet Inc.’s (NASDAQ: GOOGL), online search activity among first-time home buyers has reached an all-time high and — no surprise here — affordability remains the top priority for prospective buyers.

affordability buyers Chase finding First home mortgage remains searches time

 

Avondale Shooting Aug. 5, 2017 [0.00]

Posted on Aug. 6, 2017, 12:40 p.m. by Distressed Volatility @ [source]

Lt. Frank Majors talks about the triple shooting in Avondale that left 3 injured, including a 2-year-old boy.

Avondale frank including injured left LT majors shooting talks triple

 

Bespoke Brunch Reads: 8/6/17 [0.16]

Posted on Aug. 6, 2017, 12:30 p.m. by Bespoke Investment Goup @ [source]

Welcome to Bespoke Brunch Reads — a linkfest of the favorite things we read over the past week.

See this week’s just-published Bespoke Report newsletter by starting a no-obligation two-week free trial to our premium research platform.

Bespoke Brunch favorite linkfest links market news past reads things

 

There has been a great deal of discussion about how Amazon (NASDAQ: AMZN) or Alphabet (NASDAQ: GOOGL) might pass Apple (NASDAQ: AAPL) in terms of market capitalization. Recently, worries about the iPhone 8 and optimism about Amazon’s share of e-commerce made it appear the Jeff Bezos-led company could catch Apple.

Alphabet Amazon Apple catch commerce iPhone market NASDAQ shares years

 

JACKSONVILLE, Fla. – The search for 21-year-old Savannah Gold ended Saturday evening after police said the primary suspect in the Bonefish Grill employee's disappearance confessed to killing and disposing of the victim's body in a Westside pond.

ended evening Fla Gold Jacksonville old police Saturday Savannah year

 

Shares soared following its highly anticipated March IPO, but Snap has lost much of its market value since then. Earlier this week, some insiders sold their shares after the expiration of the company's "lockup" period, which bars employees and early investors from ditching their stock.

Amazon Apron earnings investors Kohl quarter shares SNAP stock users

 

We will be rounding out this weekend with another nice morning and early afternoon, but then rain and thunderstorms return and are here to stay. Not quite as cool outside this morning than it was yesterday.

afternoon Cool early morning nice Rain rounding stay Thunderstorms weekend

 

The ongoing quarterly results season, along with macroeconomic industrial production and exim data points are expected to steer the key equity indices during the upcoming week, observers opined.

Further, participants are expected to track quarterly earning results of sector-based majors like Tata Steel, Adani Power, Bharat Forge, Tata Chemicals, BHEL, Gail, Motherson Sumi Systems, and Power Finance.

data earning equity exim Industrial key Macroeconomic production quarterly results

 

IBM (NYSE: IBM) has had a habit of putting out large numbers of press releases which say little or nothing about the company’s prospects.

IBM today announced that Codify Academy, a San Francisco-based developer education startup, tapped into IBM Cloud’s cognitive services to create an interactive cognitive chatbot, Bobbot, that is improving student experiences and increasing enrollment.

announced bank cognitive Cyprus financial IBM improving services strategic transformation

 

IBM (NYSE: IBM) has had a habit of putting out large numbers of press releases which say little or nothing about the company’s prospects.

IBM today announced that Codify Academy, a San Francisco-based developer education startup, tapped into IBM Cloud’s cognitive services to create an interactive cognitive chatbot, Bobbot, that is improving student experiences and increasing enrollment.

announced bank cognitive Cyprus financial IBM improving services strategic transformation

 

Toxic waste from U.S. pot farms alarms experts [-0.19]

Posted on Aug. 6, 2017, 11:30 a.m. by Distressed Volatility @ [source]

 

On Thursday, in after-hours trade Dynavax Technologies (DVAX) stated that the FDA has delayed the approval date for HEPLISAV-B that was set for August 10, 2017. The news in after-hours trade on Thursday still proves that point.

Advisory Committee approval Dynavax FDA Heplisav issue marketing study post marketing safety vaccine

 

The news must have been particularly depressing for Snap (NYSE: SNAP) investors.

Google is developing technology to let publishers create visual-oriented media content along the lines of Snapchat’s “Discover,” according to people familiar with the situation, upping the ante in a race among tech giants to dominate news dissemination on smartphones.

Alphabet feature Google Inc media Moat news publishers SNAP Trouble

 

Investigators working for U.S. special counsel Robert Mueller, who is investigating whether President Donald Trump's 2016 campaign colluded with Russia, have asked the White House for documents related to his former national security adviser Michael Flynn, the New York Times is reporting.

Mueller's Investigators are said to be looking into whether there were secret payments to Flynn by the Turkish government last year.

documents Flynn foreign House investigators Mueller payments President Trump White

 

5 Questions to Ask a Financial Advisor [0.14]

Posted on Aug. 6, 2017, 11 a.m. by Morningstar Articles @ [source]

Investment guru Bill Bernstein once quipped that by the time you know enough to select a high-quality financial advisor, you could probably manage your assets on your own.

This is one of the first forks in the road that investors will encounter when surveying the universe of financial advisors: There are wealth managers/investment advisors, and there are financial planners.

advisor clients designation fee financial financial planner hourly investment Model portfolio

 

A Reading List for the Dog Days of Summer [0.17]

Posted on Aug. 6, 2017, 11 a.m. by Morningstar Articles @ [source]

The dog days of summer demand taking time out to enjoy a good book.

We asked Morningstar readers which investing or financial books they're reading during these sultry days.

asked book Ellis financial Investing mentioned Reader reading recommendations recommends

 

MUMBAI: Value funds of one-year tenor falling under the equity category continue to be underperformers due to over exposure to sectors like IT and pharma that have missed the ongoing bull-run in the markets.Fund houses like Birla Sun Life, ICICI Prudential , Quantum, Franklin Templeton and Parag Parikh Financial Advisory Services (PPFAS) are only into value funds.Value funds invest in sectors with attractive valuations though one particular company in the sector may not be doing well due to some external factors like changes in taxation or government norms.According to data from mutual fund research firm Value Research, the biggest loser among the value funds now are those with one-year tenor, while those three to five years tenor are not that bad.ICICI Pru's value fund has given an annual return of 12 per cent against 21 per cent return that the BSE 500 index in the one-year ending June this year. However, the same fund in the previous three years has given higher returns than the Sensex and Nifty at 14 per cent against 12 per cent, and the five-year fund has returned 22 per cent against 16 per cent by the indices, according to the data collated by Value Research.In the case of PPFAS MF, it has given a return of 18 per cent for one-year duration against 21 per cent given by the Nifty.

bull cent due fund ICICI market Nifty one tenor year

 

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However, in view of higher stock valuations amid surging markets, (FPIs) pulled out more than Rs 1,500 crore from during this period.

According to latest depository data, invested a net sum of Rs 5,181 crore ($811 million) in during August 1-4.This comes following a of Rs 1.16 lakh crore in last six months from February-July 2017.

August crore cut flows FPI July lakh latest rate Rs