Etf Chart Of The Day: Equal Weight The Nasdaq Way

http://www.todayhotstocks.com/

Nasdaq Expands Nordic Executive’s Role to Include U.S. Units

For example, now as we approach the end of March, the top holdings in the fund thanks to impressive stock performance recently are TSLA (1.59%), ILMN (1.52%), GMCR (1.32%), ALXN (1.26%), and WYNN (1.22%). The fund rebalances quarterly (March, June, September, and December) to bring all holdings back to equal weighted on a periodic basis. Given the nature of the recent quarter end sell-off in the marketplace, it certainly appears that portfolio managers are trimming higher beta equity positions off of the books, and names such as TSLA, ILMN, and GMCR for example, certainly fit the bill despite their very impressive short term performance. If you look at the underlying stocks, at least the aforementioned names, there have been substantial spikes in trading volume recently, and these names definitely seem to be in play.
Source: http://www.etftrends.com/2014/03/etf-chart-of-the-day-equal-weight-the-nasdaq-way/

Sinking biotechs drag down Nasdaq

The ETF had a P-E of 29, according to Yahoo Finance, which is nearly double the S&P 500’s P-E of 15.7, based on expected 2014 earnings. The froth is coming out of the shares. 2. Pricing worries. One purported catalyst for the selling in the biotech sector came Friday when a powerful Congressional committee sent a letter to Gilead Sciences, asking the drugmaker to explain its pricing policy on its new hepatitis C drug Sovaldi.
Source: http://www.usatoday.com/story/money/markets/2014/03/24/highflying-biotechs-drop-hurting-nasdaq/6827939/

Jochumsen will be at the helm of Nasdaq’s new Global Market Services unit, aimed at driving growth across the New York-based company’s fixed income, currencies and commodities businesses, as well as equities-based cash and derivatives. “The focus will be on how we can align our different businesses and make them more global where that makes sense,” Jochumsen said in an interview. Nasdaq has been expanding its offerings in fixed income and derivatives, having closed its $750 million purchase of electronic Treasuries-trading platform eSpeed last July, and launched NLX, a London-based fixed-income futures trading platform, late last May. Around two-thirds of Nasdaq’s trading revenue comes from derivatives and fixed income. The company also operates a clearinghouse in Europe that last week was the first of its kind to be authorized to clear over-the-counter (OTC) derivatives under new European reforms.
Source: http://www.reuters.com/article/2014/03/24/us-nasdaq-market-services-idUSBREA2N1E320140324

Semi-Annual Changes to the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index

However, with the surfacing of Google Glass NASDAQ:GOOG which is a stylishly wearable device, the world caught up in a storm of enthusiasm since it indeed looked like something that really belong to the world of future that everyone was striving for. Google Inc (NASDAQ:GOOG) Addresses Many Myths While the reception for the innovative gadget by Google Inc. (NASDAQ:GOOG) was rather positive from many parties, speculations emerged about the usage of the device which caused many controversial discussions, especially with regard to privacy issues. Lately the team Google Inc (NASDAQ:GOOG) addressed many myths those have been circulating around the device. It refused the infamous face recognition tool that the device was supposed to have which was said to encourage illegal stalking and invading privacy of the common public.
Source: http://www.livetradingnews.com/google-inc-nasdaqgoog-is-the-innovator-of-the-next-decade-38582.htm

Google Inc (NASDAQ:GOOG) is the Innovator of the Next Decade

It could also ding Amazons enterprise push, which will likely be a focal point of the AWS Summit in San Francisco on Wednesday. After all, FinQloud is one of AWSs big enterprise case studies . Amazon blazed the trail for public cloud services starting 8 years ago, but its seeing increased competition from big, well-financed public cloud efforts from Microsoft and Google. In fact all three of those giants are hosting cloud-related events in San Francisco this week. Ive reached out to Nasdaq and Amazon for comment and will update this when they respond.
Source: http://money.cnn.com/news/newsfeeds/gigaom/articles/2014_03_24_bad_timing_nasdaq_reconsiders_aws_based_finqloud_service.html

Nasdaq reorganizes market services to boost global competitiveness

Units By Sam Mamudi 2014-03-24T14:34:04Z Email Print Save Nasdaq OMX Group Inc. (NDAQ) expanded the duties of the executive running its European markets to include U.S. venues such as the Nasdaq Stock Market. Hans-Ole Jochumsen will run a new Global Market Services division, which contains Nasdaqs U.S.
Source: http://www.bloomberg.com/news/2014-03-24/nasdaq-expands-nordic-executive-s-role-to-include-u-s-units.html

Bad timing: Nasdaq reconsiders AWS-based FinQloud service

The following eight securities will be added to the Index: Toshiba Corp. (6502 JP), Osaki Electric Co Ltd. (6644 JP), Badger Meter Inc. /quotes/zigman/219014/delayed/quotes/nls/bmi BMI +0.53% , Echelon Corporation /quotes/zigman/73021/delayed/quotes/nls/elon ELON +2.90% , Eaton Corp PLC /quotes/zigman/13017293/delayed/quotes/nls/etn ETN +1.84% , Honeywell International Inc.
Source: http://www.marketwatch.com/story/semi-annual-changes-to-the-nasdaq-omx-clean-edge-smart-grid-infrastructure-index-2014-03-24

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