Daily Data Flow: U.S. Stocks Advance; Ichan Acquires 10% of Netflix

Daily Data Flow

Most U.S. Stocks Rise as Markets Reopen After Hurricane (Bloomberg)
Most U.S. stocks rose, with the Standard & Poor’s 500 Index reversing an earlier loss, as equity markets in the world’s largest economy reopened after Hurricane Sandy caused the longest weather-related shutdown since 1888. “Today, traders are more heightened to a flash crash more than any day prior,” Rick Fier, director of equity trading at Conifer Securities LLC in New York, said in a phone interview. His firm oversees $8 billion in assets. “Nobody cares about if the market goes up or down. You just want to make sure the market is functioning properly. With the better opening, it made the decision to sell that much easier.”

Ichan Acquires 10% of Netflix, Mulls Ways to Maximize Value (Bloomberg)
Billionaire Carl Icahn acquired almost 10 percent of Netflix Inc. (NFLX), operator of the largest online video streaming service, and is considering ways to maximize value. The shares rose the most since January. Netflix rose 14% to $79.24 at the close in New York to mark the biggest gain since January. The stock was unchanged for the year before today. The company closed the third quarter with 25.1 million U.S. customers who pay $7.99 a month to watch shows and films on TVs, computers and mobile devices, and is forecast to reach $3.6 billion in revenue this year.

Jobs Report: What to Expect (CNNMoney)
Extra attention will be paid to the job market this month when the government releases its jobs report Friday — the last before the presidential election next week. Most forecasts aren’t predicting job growth to be much of an improvement over the 114,000 jobs added last month. But the unemployment rate will be highly anticipated. With the jobs report coming so close to the election, the number is bound to act as a lightening rod for both sides. If the unemployment rate rises, Republicans will likely seize on it as evidence that things have not improved under Obama. If it falls, Democrats will argue they have.

Exclusive  How Risky Are REITs?
share on:

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader


Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor