Update Daily Investment News

Asia Stocks, Commodities Snap Declines; Won Gains on Goldman
(Bloomberg) -- Asian stocks snapped four days of decline while commodities and the won gained on optimism the region will continue to grow amid mounting concerns about the pace of the global recovery.
http://noir.bloomberg.com/apps/news?pid=20601087&sid=akMszQonsdpA&pos=1

Emerging Stocks to Fall on Commodities, JPMorgan Says (Update1)
(Bloomberg) -- A decline in commodity prices is likely to drive emerging-market stocks lower in the third quarter, offering investors an “extraordinary buying opportunity,” JPMorgan Chase & Co. said.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a632PvHHV4C4

Gold May Drop as Trend Shifts, Rudolph Says: Technical Analysis
(Bloomberg) -- Gold, which climbed to a record last month on concern that the global economic recovery may be faltering, may slide to the lowest price since May, according to a technical analysis from Commerzbank AG.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aqlRKPJmuqHI

China’s HSBC Services Index Slides to 15-Month Low (Update1)
(Bloomberg) -- A Chinese services industry index slid to a 15-month low in June, adding to signs that the world’s third-biggest economy is cooling.
http://noir.bloomberg.com/apps/news?pid=20601087&sid=auEb0jfz5iFM&pos=6

After drop, will stocks rise? S&P data offer hope
Sure, stocks are down but you shouldn't be. S&P data back to Pres. Coolidge suggest a rebound
(AP) -- OK, you're gutsy enough to buy on dips. Now how about buying on a dive?
http://finance.yahoo.com/news/After-drop-will-stocks-rise-apf-4178912817.html?x=0&sec=topStories&pos=6&asset=&ccode=

Earnings Season Unlikely to Provide Clarity
by Alexander Eule
Companies may not be able to provide much guidance. But lowered expectations may be easy to beat.
http://finance.yahoo.com/banking-budgeting/article/109987/earnings-season-unlikely-to-provide-clarity;_ylt=AtcX1_8VO_deWZ6EYx.OBH27YWsA;_ylu=X3oDMTFhbnBzM2ZqBHBvcwM0BHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA2Vhcm5pbmdzc2Vhcw--?mod=bb-budgeting

China June Car-Sales Growth Slowed as Economy Cooled (Update2)
(Bloomberg) -- China’s passenger-car sales growth slowed in June as inflation accelerated, reducing consumers’ spending power in the world’s largest auto market.
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aP6dyPDg.zCs&pos=5

Minyanville's 2010 Mid-Year Review
The midpoint of 2010 has arrived and it's time to take stock of what we've seen and where we're going.
http://finance.yahoo.com/news/Minyanvilles-2010-MidYear-minyanville-2811083429.html;_ylt=AjbT9qDrRJO26NDoOUuqMA27YWsA;_ylu=X3oDMTFhOTI0aWg5BHBvcwMyBHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA3RoZTIwMTBtaWQteQ--?x=0

Richard Suttmeier Still Targeting Dow 8500: "But I May Have to Ratchet It Down"
Friday's anemic and disappointing jobs report has done nothing to change the gnawing perception that the U.S. economy is heading in the wrong direction.
http://finance.yahoo.com/tech-ticker/richard-suttmeier-still-targeting-dow-8500-%22but-i-may-have-to-ratchet-it-down%22-515588.html;_ylt=Ah1rJFpFk0qKGbHnq02KN5S7YWsA;_ylu=X3oDMTE1ZHZwaGxpBHBvcwM1BHNlYwN0ZWNoVGlja2VyBHNsawNyaWNoYXJkc3V0dG0-?tickers=^DJI,^GSPC,GLD,INTC,MSFT,GE,CSX

Week Ahead: Stocks Oversold, but Is Fear Overdone?
The stock market limps into the coming week both technically and emotionally weakened. Friday's disappointing June jobs number was the latest in a series of downbeat economic reports that have some economists looking to downgrade their growth forecasts to even more sluggish levels.
http://www.cnbc.com/id/38064795

Halftime Pt.1: Capitulation Coming, As Soon As Tuesday?
Selling accelerated into the afternoon on Friday with financials and industrials  leading the S&P 500 [.SPX  1022.58    -4.79  (-0.47%)   ] lower.
http://www.cnbc.com/id/38058478

Dividend Stocks: Strategists Divided on Outlook
Interest rates are at an all-time low, making stocks with hefty-paying dividends an attractive investment alternative to bonds. But an increase in capital gains taxes or dividend taxes could throw cold water on that theory.
http://www.cnbc.com/id/38060381

Wall Street Turning Bullish on Euro?
For the first time in months, Wall Street trading desks are turning more bullish on the Euro and not betting against the currency, according to people familiar with the matter.
http://www.cnbc.com/id/38058330

First Major Index Enters Bear Market
The Russell 2000 Index [RUT  598.97    -5.79  (-0.96%)   ], a gauge of the small-cap sector, officially entered a bear market Thursday, dropping more than 20% from its intraday high reached in late April.
http://www.cnbc.com/id/38059032

Highest Grossing Wall Street Movies
http://www.cnbc.com/id/37066666?slide=2

http://www.cnbc.com/id/15840232?video=1536071195&play=1

More Recessions to Hit this Decade: Economic Forecaster
The US will see more frequent recessions in this decade, Lakshman Acuthan, managing director of Economic Cycle Research Institute, told CNBC on Friday.
http://www.cnbc.com/id/38057241

Roubini Sees German, U.S Debt as Havens in Face of ‘Fragility’
(Bloomberg) -- Nouriel Roubini, the New York University economist credited with predicting the financial crisis, said that government bonds of countries such as Germany, Canada and the U.S. will represent a haven from increasingly volatile markets in coming months.
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aFoR1AugJvSA&pos=2

Euro May Rise to $1.31 as Neckline Breached: Technical Analysis
(Bloomberg) -- The euro may rally to $1.31, a level last seen in May, after breaking above the neckline of a reverse head-and-shoulders pattern, according to Citigroup Inc.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aHsmQUMSm1fM

Oil May Rise Above $75 on Chart Support: Technical Analysis
(Bloomberg) -- Crude oil, heading for the biggest weekly drop in eight weeks, may resume an uptrend above $75 a barrel in coming days because chart support hasn’t been breached, according to National Australia Bank Ltd.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aVPifPOM8VsI

Asian Stocks May Fall 8% as Slump Continues: Technical Analysis
(Bloomberg) -- The MSCI Asia Excluding Japan Index may decline toward the 420-point level as the gauge fell below its 200-day moving average, adding to signs the slump will continue, according to CIMB Group Holdings Bhd.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=ajxxcbtNjDBk

U.S. Stocks Drop as Dow Posts Longest Losing Streak Since 2008
(Bloomberg) -- U.S. stocks plunged this week, giving the Dow Jones Industrial Average its first seven-day loss since 2008, after reports showing slower-than-estimated growth in jobs and factory orders and amid concern China’s economy has slowed.
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aD9uKvhoYfms