Daily Data Flow: Stocks Fall as Budget Deal Approaches; High Tablet, Smartphone Activations on Christmas; China in 2013

Daily Data Flow

U.S. Stocks Fall as Deadline Approaches on Budget Deal (Bloomberg)
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a fifth day, amid concern talks between President Barack Obama and Republican lawmakers may not yield a budget deal by the year-end deadline. “The markets are willing to turn on a dime, on whatever the news, whether it’s positive or negative,” Greg Peterson, director of investment research at Ballentine Partners LLC in Waltham, Mass. “What the markets fear most is that we’re in this paralysis where the government is unable to govern, communicate and compromise.”

Tablet, Smartphone Activations Soared this Christmas (CNBC)
More Android and Apple iOS devices were activated on Christmas Day than on any other day in history, according to Flurry, a mobile analytics firm. On Dec. 25, more than 17.4 million devices were activated, which is 2.5 times more activations than there were on Christmas Day in 2011, Flurry reported. According to Flurry, there were about 4 million iOS or Android devices on average activated daily during Dec. 1 to Dec. 20. So activations soared on Christmas Day by more than 332% above the baseline. Last year, activations reached 6.8 million on Christmas Day.

Will 2013 Be the ‘Break-Out’ Year for China Stocks? (CNBC)
Chinese stocks have staged a remarkable comeback in the final weeks of the year, gaining more than 12% in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 finally may be the year Chinese markets break out of the doldrums. The Shanghai Composite Index hit a five-month high earlier this week on Christmas day and closed 1.2% higher on Friday as investors bet that the worst is over for Chinese stocks. “During an election or transition of power, usually you get that type of dysfunction and disruption. It’s one of the reasons people avoided China over the course of this last year,” Jack Bouroudjian, CEO of fund manager Bull and Bear Partners, said. “Guess what? The dust has now settled. We are going to see capital go back to China.”

Exclusive  Shelter From the Storm... Made In Asia

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


img
previous article

As we exit 2012, the euro has risen against the dollar, Greece has moved back from the precipice and bond yields in Spain, Italy and Greece have fallen.

PREMIUM SERVICES FOR INVESTORS

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

LEARN MORE HERE

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

LEARN MORE HERE

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

LEARN MORE HERE

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

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

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.

LEARN MORE HERE