Latest News
- 11/30/2011 ADP reports that 200k private sector jobs were created in November: Payroll company Automatic Data Processing Inc. (ADP) released a statement on November 30 indicating that the private sector added 206,000 jobs in November, according to the most recent ADP National Employment Report.
- 11/30/2011 Netflix credit rating downgraded to account for lost subscriptions: Standard and Poor's has downgraded the credit rating for Netflix Inc. from "BB" to "BB-" in order to indicate the losses anticipated for the company's video subscription service.
- 11/30/2011 Consumer confidence jumps more than expected in November: Consumer confidence rose more than expected in November. An index provided by private research firm The Conference Board surged to 56 from the previous month's revised reading of 40.9.
- 11/29/2011 Parent of American Airlines files for Chapter 11: The parent company of American Airlines, AMR Corporation, announced recently it has filed for Chapter 11 bankruptcy protection as part of its attempts to escape from its mountain of debt and to lower labor costs.
- 11/28/2011 ETF provider Direxion will add non-leveraged funds to offerings: Direxion, which is one of the largest providers of inverse and leveraged exchange-traded funds (ETFs), is planning to add non-leveraged ETFs to its current offerings in order to attract the assets planning for long-term goals such as retirement.
- 11/28/2011 New home sales rise, but increase is below forecasts: New homes sales rose in October, but the increase fell short of estimates.
- 11/28/2011 2011 Black Friday sales rise 7 percent from previous year: Sales happening on Black Friday, the busiest shopping day of the year, rose nearly 7 percent in 2011, according to a recent news report.
- 11/28/2011 Strong Black Friday sales boost U.S. stocks: U.S. stocks jumped 3 percent on Monday, November 28, following a record-setting Black Friday weekend and amid optimism that the euro zone debt crisis could be closer to a resolution.
- 11/23/2011 Growth in consumer spending decelerated in October but income spiked: Consumption growth slowed in October and income experienced the largest monthly increase since March.
- 11/22/2011 Social ETF encounters challenges: Global X Social Media (SOCL), a new exchange traded fund (ETF) that offers investors exposure to various companies in the social media sector, has been facing many challenges in the month it was launched.
- 11/22/2011 Third-quarter U.S. economic growth slower than thought: Economic growth in the United States grew at a slower pace than previously thought in the third quarter of 2011, due to a larger decrease in planned inventories than originally anticipated.
- 11/21/2011 U.S. Stocks drop amid concerns over supercommittee failure: U.S. stocks took a hit and the Standard and Poor's 500 Index fell for a fourth consecutive day after lawmakers comprising the congressional supercommittee reportedly failed to agree on budget cuts.
- 11/18/2011 U.S. stocks fall on U.S. and European debt concerns: U.S. stocks fell on November 17 as debt problems in the United States and Europe undermined investor sentiment.
- 11/18/2011 U.S. initial jobless claims fall to lowest level in seven months: The number of Americans filing for jobless claims dropped to the lowest level in seven months during the week that ended on November 12, according to a report released on November 17.
- 11/17/2011 Consumer outlook rises to highest level in four months: Consumers' perception of the U.S. economy rose in November, which has been interpreted as reportedly indicating that Americans are less worried their country will experience a double-dip recession.
- 11/16/2011 Industrial production and capacity utilization up in October: Industrial production and capacity utilization rose during October, according to a statement released by The Federal Reserve Bank.
- 11/16/2011 Bullish options bets on RIM soar to highest level in four years: Options traders increased bullish bets on the shares of Research In Motion (RIM) on November 15 to the highest level in four years, wagering that the stock's price will recover from the 69 percent drop it has experienced lately.
- 11/15/2011 United States Commodity Funds LLC launches copper index fund: United States Commodity Funds LLC released a statement on November 15 announcing that a new commodity exchange-traded fund (ETF) called United States Copper Index Fund will be listed on the New York Stock Exchange under the ticker symbol "CPER".
- 11/15/2011 Diversifying one's portfolio through commodities ETFs: Investors have various options that they can use to diversify their portfolios, including utilizing exchange-traded funds (ETFs) that grant users exposure to commodities.
- 11/15/2011 Social media ETF to launch on November 15: A social media exchange-traded fund (ETF), scheduled to begin trading on November 15, will invest in various social media companies throughout the world.
- 11/15/2011 Buybacks spike amid low S and P prices: U.S. corporations are buying back the most stock in four years, as they utilize their reserves of cash to repurchase stocks that are trading for less than before the Great Recession.
- 11/14/2011 Italy's five-year notes reach maximum sales target in debt issue: Italy issued 3 billion euros ($4 billion) worth of bonds scheduled to mature in 2016 on November 14, which was its maximum target sales amount.
- 11/14/2011 Global equity markets drop on Italian debt woes: Global equity markets dropped on November 14 amid concerns related to Italy's debt problems.
- 11/11/2011 Stocks and futures rise on Italy vote and consumer confidence report: U.S. equity and futures markets rose on November 11 amid an Italian vote passing austerity measures and a better-than-expected consumer confidence report.
- 11/11/2011 Consumer confidence rises more than expected in November: A report released by Reuters and the University of Michigan on November 11 indicated that U.S. consumer confidence rose more than expected in November.
- 11/11/2011 Calls for gold ETFs at highest level since U.S. debt downgrade: Bets by traders of gold options are the most bullish since the U.S. debt rating was downgraded in August.
- 11/10/2011 Trade deficit drops to nine-month low in September: The trade deficit lowered to $43.1 billion in September, which was its lowest point in 9 months as exports were bolstered by sales of capital equipment, vehicles and airplanes.
- 11/10/2011 Jobless claims fall to seven-month low: The number of Americans filing claims for unemployment benefits plunged to a seven-month low during the week that ended November 5.
- 11/10/2011 BMW introduces new hybrid vehicles: Bayerische Motoren Werke AG (BMW), which is a manufacturer of luxury vehicles, recently introduced 340-horsepower hybrid versions of its two most popular models, Bloomberg reports.
- 11/10/2011 New Zealand central bank will postpone making lending rules more stringent: New Zealand's central bank recently announced that it will postpone its plans to make its lending rules more strict.
- 11/09/2011 Italy may face significant challenges in finding buyers of its debt: Italy may have a tough time finding investors to buy its debt amid Prime Minister Silvio Berlusconi's offer to resign and LCH Clearnet SA demanding that more collateral be posted by clients who are looking to trade Italian bonds.
- 11/09/2011 Small business confidence rose in October: Small business confidence rose in October, according to a report released by The National Federation of Independent Business.
- 11/09/2011 Triple Levered ETFs not tracking indices well, have above-average fees: Triple levered exchange traded funds not only do an inadequate job of tracking the indices they are designed to follow, but also have expenses that are rather high, Seeking Alpha reports.
- 11/08/2011 "ETF" label may be removed from some BlackRock funds: BlackRock, the leading provider of exchange-traded funds (ETFs), recently proposed removing the ETF label from some funds run by its competitors.
- 11/08/2011 Open jobs surge to highest amount in three years: The number of open job positions surged to the highest level in three years in September, which has been interpreted as evidence that employers are getting ready for stronger business conditions.
- 11/07/2011 Buffett's Berkshire Hathaway invests $24 billion: Warren Buffett's Berkshire Hathaway went on a shopping spree during 3Q11, investing a total of $23.9 billion.
- 11/07/2011 United Parcel Service may hire 55,000 seasonal workers: United Parcel Service (UPS) announced in a statement on November 7 that it plans to hire 55,000 workers for the holiday season.
- 11/04/2011 U.S. equities plunge amid European debt problems: On November 4, U.S. equity indices experienced their first weekly losses since September amid Greece's debt problems.
- 11/04/2011 Obama states that G20 have improved world economy: President Barack Obama stated on November that G20 leaders have made "important progress" towards putting the world economy in a better place.
- 11/04/2011 October jobs report indicates drop in UE rate: A statement released by the Bureau of Labor Statistics (BLS) indicates that 80,000 jobs were created in the United States on October, and the unemployment rate lowered to 9 percent to 9.1 percent.
- 11/03/2011 ISM Services Index declines slightly in October: The Institute for Supply Management's (ISM) non-manufacturing index declined slightly in October, lowering to a reading of 52.9 from 53 in September.
- 11/03/2011 Greece's membership in EU could hinge on referendum vote: European leaders discussed the possibility of the European Union (EU) splitting on November 2, with a referendum vote by Greece being the deciding factor.
- 11/02/2011 EFSF bond sale delayed by Greek referendum: The plans of the European Financial Stability Facility (EFSF) to issue 3 billion euros worth of bonds were postponed on November 2 after Greece Prime Minister George Papandreou announced plans to hold a referendum for the "haircut" plan.
- 11/02/2011 U.S. chief executive confidence fell in third quarter: A recent statement released by Young Presidents’ Organization (YPO) indicated that chief executive confidence fell in the third quarter.
- 11/01/2011 Bank of America decides against charging $5 debit-card fee: Bank of America announced on November 1 that it will not charge a $5 monthly debit-card fee. This change was largely a reaction to vocal opposition from customers.
- 11/01/2011 ISM manufacturing report below expectations in October: The Institute for Supply Management announced on November 1 that its manufacturing index fell to 50.8 in October from 51.6 in September.
Sign-up for the eOption Daily Market Report
eOption’s Daily Market Report is a timely and informative service detailing equities that have recently met classic chart pattern conditions for bullish and bearish equities. To receive the eOption Daily Market Report, you must be a current client and have a current email address on file. Please contact support@eoption.com or login to your account and enroll for electronic statements or confirms. More Information


