Update Daily Investment News

Week Ahead: Choppy Market Will Try to Shrug Off Euro Worries
Stocks will navigate choppy waters in the week ahead, but could sail a bit more smoothly—barring any nasty, new surprises from Europe.
http://www.cnbc.com/id/37649299

Production Probably Rose, Prices Fell: U.S. (Bloomberg) -- Factories kept churning out more goods last month, while prices and home construction fell, pointing to a manufacturing-led U.S. recovery that is not generating inflation, economists said before reports this week.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afVs1JzRgfSE

Bearish Sentiment Indicates Good Time to Buy: Art Hogan
Stocks pared their losses Friday after a report that showed consumer sentiment came in better than expected. Art Hogan, director of global equity products at Jefferies, shared his market outlook.
http://www.cnbc.com/id/37638028

Warning: Rough Earnings Ahead?
Companies are surprisingly quiet while analysts have begun slashing estimates aggressively heading into the end of the second quarter, a phenomenon that could mean we’re in for some surprises over the next week, and not the good kind either, investors said.
http://www.cnbc.com/id/37643552

Schork Oil Outlook: $75 Crude Means Nothing
Spot Nymex crude oil closed above $75 for the first time in a month. Of course, the difference between these two milestones was… a month ago the market was entrenched in a violent sell-off, today we are in the midst of the rebound from that weakness.
http://www.cnbc.com/id/37641859

US Economist Fears Greek Debt Default in August
Greece will eventually default on its debt because the country is highly indebted and the euro zone's approach towards saving it is the wrong one, Carl Weinberg, chief economist at High Frequency Economics, told CNBC Friday.
http://www.cnbc.com/id/37632681

Big Week Ahead for Traders
Traders began leaving the building, mentally and physically, just after noon ET Friday, but next week is one of the biggest weeks in a long time, on all fronts:
http://www.cnbc.com/id/37650407

Bullish Tailwinds Building, Has Market Turned Corner?
The S&P closed higher on Friday with investors shrugging off weak retail sales and instead focusing on a positive trend emerging in tech; the chip sector specifically.
http://www.cnbc.com/id/37637338

Market Correction Makes One Group Happy: Short Sellers
Market volatility brought on during the correction off the April highs has eaten into many investor portfolios—but also generated opportunity for short sellers.
http://www.cnbc.com/id/37641811

Production Probably Rose, Prices Fell: U.S. Economy Preview
(Bloomberg) -- Factories kept churning out more goods last month, while prices and home construction fell, pointing to a manufacturing-led U.S. recovery that is not generating inflation, economists said before reports this week.
http://www.bloomberg.com/apps/news?pid=20601087&sid=afVs1JzRgfSE&pos=2

Goldman’s Slump May Lead the S&P 500 Lower: Technical Analysis
(Bloomberg) -- Losses in the biggest U.S. banks and brokerages, whose share prices are more linked to the Standard & Poor’s 500 Index than at any time in seven years, suggest the benchmark measure of American equities may extend its seven-week slump, according to Concept Capital’s John Kolovos.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOPlywcy3NOc

Dollar May Advance to 92 Yen on ‘Triangle’: Technical Analysis
(Bloomberg) -- The dollar may break out of a “triangle” against the Japanese currency and advance to 92 yen, according to Bank of Tokyo-Mitsubishi UFJ Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aG5Ac6lP8duE

Currency Controls Mount in Asia as Euro Hurts Exports (Update3)
(Bloomberg) -- The world’s biggest expected swings in foreign-exchange markets and the euro’s record depreciation are prompting Asian exporters to seek currency controls.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHN8vLlBUmDQ

Asian Stocks to Rebound in 2nd Half, Julius Baer Says (Update2)
(Bloomberg) -- Asian stocks may rebound in the second half as the region withstands the European debt crisis and a weakening of the recovery in the U.S., according to Bank Julius Baer & Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMAcE8R_khsY

Oil May Rise on Economic Rebound Signs, Survey Shows (Update1)
(Bloomberg) -- Crude oil may rise next week on speculation the euro and equities will advance, signs that the global economy and oil demand will strengthen, a Bloomberg News survey showed.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aR0_qrh3m6c0

Palm Oil Extends Drop, Has Longest Losing Streak in Five Months
(Bloomberg) -- Palm oil futures fell a fifth day, the longest losing streak in five months, as seasonal supply concerns are compounded by record soybean harvests.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aDO8hIeCEuNM

Prudent Bear Tice Says U.S. Stocks Have Peaked for 2010: Video
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abaP.fvCrrAw

S&P 500 Stocks Biggest Weekly Changes in Analyst Target Price
 (Bloomberg) -- The following tables show the biggest increases and decreases in analysts’ target price, according to Bloomberg data, for companies in the Standard & Poor’s 500 Index from June 4.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHMkHwrO3RAM

Shiller Sees `Significant' Double-Dip Recession Chance: Video
June 11 (Bloomberg) -- Robert Shiller, an economics professor at Yale University and chief economist at MacroMarkets LLC, talks with Bloomberg's Julie Hyman about the U.S. economy, consumer spending and the outlook for U.S. stocks and the housing market. (Source: Bloomberg)
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akVRqrmKvmeo