The Stocks Hedge Funds Are Dropping – Business Insider

Stocks move higher ahead of Memorial Day holiday – Yahoo Finance

This year has been miserable for hedge funds, especially those with long/short equity strategies. According to research firm Preqin, funds of that type were down an average of 0.24% in April. So that means changes must be made. In its latest Hedge Fund Trend Monitor report, Goldman Sachs has a handy table of stocks hedge funds are dropping to improve their performance. Stocks include Citigroup, GM, Ford, and AIG.
Source: http://www.businessinsider.com/the-stocks-hedge-funds-are-dropping-2014-5

STOCKS RALLY, S&P 500 CLOSES AT RECORD HIGH: Here’s What You Need To Know – Yahoo Finance

Another sign that investors have been more nervous this year than last is that while the S&P 500 has ground higher, the riskier parts of the stock market, such as small-company stocks, social media and biotechnology stocks have had sharp sell-offs. The Russell 2000, an index that tracks small company stocks, is down 3.2 percent this year at 1,126.19. The index has flirted with a correction after falling as much as 9.3 percent from its March 4 high of 1,208.65. Many investors still remain optimistic though, pointing to record company earnings and the Federal Reserve. In the first quarter of the year companies in the S&P 500 earned an average of $27.59 a share, the second-highest level recorded, falling just best buy invest below the $28.46 per share earned in the fourth quarter of 2013.
Source: http://www.usnews.com/news/business/articles/2014/05/23/stocks-edge-higher-ahead-of-memorial-day-holiday

AMTRAK 2

“Some issues concern sourcing and definitional problems,” Giles writes. “Some numbers appear simply to be constructed out of thin air.” Piketty’s findings had of course renewed interest in growing income inequality. The S&P 500 closed above 1,900 for the first time ever. Hewlett-Packard was up 6.1% after the company released earnings early on Thursday and said it was going to cut another 11,000 to 16,000 positions. Stocks, which are already at record highs, will likely go higher for another month or so before “sharply” correcting , according to Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist.
Source: http://finance.yahoo.com/news/stocks-rally-heres-know-200004045.html

S&P 500 closes above 1,900 for first time – US News

The Associated Press

The Standard & Poor’s 500 index gained six points, or 0.3 percent, to 1,898 as of noon Eastern Time. That’s one point above the index’s previous all-time high close 10 days ago. The Dow Jones industrial average rose 51 points, or 0.3 percent, to 16,594. The Nasdaq composite added rose 18 points, or 0.4 percent, to 4,172.
Source: http://finance.yahoo.com/news/stocks-move-higher-ahead-memorial-day-holiday-155331401–finance.html

Stocks manage modest gains on foreign buying – Newspaper – DAWN.COM

Unlike the previous two sessions, the index did not climb much higher intra-day as investors kept to the sidelines, entering only to take profit when an opportunity presented itself. The market saw foreign portfolio inflow at $2.29m on Friday, which offset selling by mutual funds and individuals. The investors continued to be gripped by fear of the possibility of new taxes in the upcoming budget and mainly the fate of the Capital Gains Tax (CGT). The activity remained dull also due to the coming week being the rollover week with open positions at Rs5.03bn (as of May 22, 2014) in the futures counter.
Source: http://www.dawn.com/news/1108187/stocks-manage-modest-gains-on-foreign-buying

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