Fed Releases June's Minutes; AMZN

Weekly Wrap Up

After the Dow ended above 17,000 for the first time last week, stocks were mainly down this week. There are many factors that have contributed to the stocks ending down; but the main reasons are the possible spreading of the Portuguese financial crisis throughout Europe and that the chief of the International Monetary Fund predicted that the global economy will not improve at the rate previously expected.

On the bright side it seems that gas prices have peaked in 2014 already. Oil has been steadily dropping in price and is expected to continue falling in price.
The Federal Reserve released their minutes from their mid-June meeting this week and it revealed that the Fed is leaning towards stopping the economic stimulus in October. This shows that the Fed is very optimistic regarding the future of the U.S. economy. Amazon (AMZN) was in the news a lot this week. First, they are being fined by the FTC for allowing kids to make in-app purchases without proper parental consent. Then on Friday, Amazon pleaded to the FAA to allow them to begin testing 50-mph drones which would become a staple of their Amazon Prime Air program.

Economic News

Slide Show: Is U.S. better off by 'Almost Every Measure'? A Review
President Barack Obama says the U.S. is better off ‘by almost every measure’ since he took office. MarketWatch takes a look at whether that’s the case. (Source: MarketWatch) Click here to read the full article

Mark Hulbert: U.S. Stocks Will Be 'Very Disappointing' for 10 Years
U.S. stocks are overvalued — and have been for months. That is what six well-known measures of valuation show. (Source: MarketWatch) Click here to read the full article

Business News

Shares of the Boeing Company (BA) were trading down -0.60 or -0.47 percent in pre-market trading this morning, after the company issued a press release forecasting a +4.2 percent increase in worldwide demand for passenger aircraft in the company’s 20-year Current Market Outlook. (Source: InvestorGuide) Click here to read the full article

Shares of Archer Daniels Midland Company (ADM) closed up +0.45 or +0.99 percent to $45.77 per share on Thursday, after the company was rumored to be in talks to acquire Swiss based WILD Flavors. (Source: InvestorGuide) Click here to read the full article

Shares of Houston, Texas, based Calpine Corp. (CPN) rose on Tuesday as stocks suffered a broad loss overall. Calpine Corp.’s stock was up 4.25%, rising $.97, to close at $23.81, on volume of 7,332,358 shares. (Source: InvestorGuide) Click here to read the full article

Technology Focus

Adaptive Insights: Powering Tech IPOs To Ever-Better Performance 
The last few months have seen a flurry of tech IPOs. Much has been written about the IPO process itself but there’s one company that is justifiably proud of the fact that three quarters of recent tech IPOs use its product to help them scale. (Source: Forbes) Click here to read the full article

Amazon Surges As It Pleads With FAA To Test Drones
Amazon had a busy week, and Wall Street is rewarding them for it. (Source: Forbes) Click here to read the full article

Your Money

Top Stock Funds With Lots of Firepower Left
No one likes investing in the stock market at all-time highs. It feels like putting your hand in the bear cage just before feeding time. (Source: USA Money) Click here to read the full article

Finding a Better Way to Index
Using index funds to build an investment portfolio is gradually becoming a more prominent method of investing, as people buy into the virtue of low expenses and broad diversification. (Source: MarketWatch) Click here to read the full article

Published on Jul 12, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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