Dow rose 29, advancers over decliners 2-1 & NAZ was up 13. The MLP index went up 1+ to the 532s, another record close, & the REIT index rose fractionally above 310. Junk bond funds were mixed while Treasuries slid back. Oil climbed
as US durable goods data & consumer confidence boosted
economic optimism, while analysts forecast crude supplies fell. Gold finally found buyers.
AMJ (Alerian MLP Index tracking fund)
![Live 24 hours gold chart [Kitco Inc.]](http://www.kitco.com/images/live/gold.gif?0.03487066605144595)
Russian pres Putin met his Ukrainian counterpart, Poroshenko, to try to ease tension between the 2 countries after 5 months of separatist unrest as violence flared on their border. “Complicated” talks were held today, with the sides at times presenting “radically different” positions at a summit of the Russian-led Customs Union in Minsk. Putin began a bilateral meeting this evening with Poroshenko, who wants more talks tomorrow, he said. Putin said earlier he’s ready for an exchange of opinions on Ukraine, while Poroshenko said he’s optimistic about the meeting, which includes EU foreign-policy chief Catherine Ashton & Kazakhstan’s leader. “I understand that all players who’ve been drawn into the situation would like to exit with dignity,” Poroshenko said. “I’m ready to discuss different options that would allow such an exit strategy -- an exit to a peaceful future for Ukraine, an exit to a peaceful future for Europe.” The conflict between Ukraine’s gov & pro-Russian separatists has left at least 2K dead since Putin annexed Crimea in Mar. Ukraine said today that 200 rebels & 12 Ukrainian servicemen died in the past 24 hours. A Ukrainian military spokesman accused Russia of attempting to “create a new front” in the fighting close to the Sea of Azov in the southern Donetsk region. Ukraine released video footage of Russian servicemen it said it captured when an armored column crossed the frontier yesterday. Poroshenko called for Russia, Belarus & Kazakhstan to support a peace plan for eastern Ukraine, saying his nation’s territorial integrity must be respected. He also said Ukraine’s free-trade pact with the EU is compatible with Customs Union rules & that his gov is interested in agreements with the trading bloc championed by Putin. The parties agreed to hold regular meetings in Minsk. Fighting raged on in Ukraine’s east. Rebels attacked the coastal town of Novoazovsk, near the Russian border & continued shelling Donetsk. The separatists are mounting a counterattack to the gov offensive, he said.
Putin Meets Poroshenko on Ukraine in ‘Complicated’ Talks
Apple suppliers are preparing to manufacture the company’s largest iPad, with production scheduled to commence by Q1-2015. The new iPad will have a screen measuring 12.9". AAPL currently produces iPads with 9.7" & 7.9-" displays. The company has been working with suppliers for at least a year to develop a new range of larger touch-screen devices. AAPL CEO Tim Cook is working to shake up the iPad line. Sales of the tablets, its 2nd-biggest product after the iPhone, have declined for 2 straight qtrs amid a lack of new models & as consumers have instead gravitated to smartphones with bigger screens. The suppliers recently started manufacturing an updated 9.7" screen iPad, & were also set to enter production of a new version of the iPad mini with the devices set to be available later this year in time for the holiday season. AAPL is also increasing the screen size of the iPhone. The company is holding an event on Sep 9 to debut new bigger-display iPhones. New iPhones will come in 2 models: one with a 4.7" screen & another with a 5.5" screen. AAPL is also working on a bigger-screen iPad even as much of the growth in tablets has recently come from low-end smaller-screen models. Potential customers for larger-screen iPads are businesses, where the device could take on more tasks of a traditional laptop computer. In Jul, AAPL unveiled a partnership with IBM (IBM), & Cook said part of the pact’s rationale was to sell to corps so they could “be a catalyst for future iPad growth.” The stock slipped back chump change. If you would like to learn more about AAPL, click on this link:
club.ino.com/trend/analysis/stock/AAPL?a_aid=CD3289&a_bid=6ae5b6f7
Apple Said to Prepare New 12.9-Inch IPad for Early 2015
Hewlett-Packard is recalling more than 6M PC power cords in the UA & Canada, citing reports of overheating & melting units. The cords, distributed with Hewlett-Packard & Compaq notebooks & related products, were sold from Sep 2010 - Jun 2012, the company & US Consumer Product Safety Commission said. Affected customers are eligible to receive a replacement for the LS-15 power cords, which were made in China. HPQ received 29 reports of power cords overheating, melting or charring, leading to 2 claims of minor burns & 13 claims of minor property damage, according to the gov agency. “Hewlett-Packard customers affected by this program will be eligible to receive a replacement AC power cord for each verified, recalled AC power cord at no cost,” a spokeswoman for HPQ said . “We apologize for the inconvenience this has caused.” HPQ & Google (GGOG) halted sales of the Chromebook 11 laptop in Nov 2013 after some users reported overheating power supplies. The stock rose 68¢. If you would like to learn more about HPQ, click on this link:
club.ino.com/trend/analysis/stock/HPQ?a_aid=CD3289&a_bid=6ae5b6f7
HP Recalls 6 Million Notebook PC Power Cords for Overheating
Stocks extended their rally but without conviction. As expected, volume was light, making any change suspect. The economic data was favorable but fighting continues in Ukraine & more rockets are being fired into Israel. Northern Iraq-Syria, under ISIS, is a mess & that fighting can have a major impact on oil prices. After a slow start this month, Dow has been rising for 3 weeks resulting in a 450 gain (closing just below the previous record of 17,113).
AMJ (Alerian MLP Index tracking fund)
| CLV14.NYM | ....Crude Oil Oct 14 | ....93.89 |  ...0.54 | (0.6%) |
Russian pres Putin met his Ukrainian counterpart, Poroshenko, to try to ease tension between the 2 countries after 5 months of separatist unrest as violence flared on their border. “Complicated” talks were held today, with the sides at times presenting “radically different” positions at a summit of the Russian-led Customs Union in Minsk. Putin began a bilateral meeting this evening with Poroshenko, who wants more talks tomorrow, he said. Putin said earlier he’s ready for an exchange of opinions on Ukraine, while Poroshenko said he’s optimistic about the meeting, which includes EU foreign-policy chief Catherine Ashton & Kazakhstan’s leader. “I understand that all players who’ve been drawn into the situation would like to exit with dignity,” Poroshenko said. “I’m ready to discuss different options that would allow such an exit strategy -- an exit to a peaceful future for Ukraine, an exit to a peaceful future for Europe.” The conflict between Ukraine’s gov & pro-Russian separatists has left at least 2K dead since Putin annexed Crimea in Mar. Ukraine said today that 200 rebels & 12 Ukrainian servicemen died in the past 24 hours. A Ukrainian military spokesman accused Russia of attempting to “create a new front” in the fighting close to the Sea of Azov in the southern Donetsk region. Ukraine released video footage of Russian servicemen it said it captured when an armored column crossed the frontier yesterday. Poroshenko called for Russia, Belarus & Kazakhstan to support a peace plan for eastern Ukraine, saying his nation’s territorial integrity must be respected. He also said Ukraine’s free-trade pact with the EU is compatible with Customs Union rules & that his gov is interested in agreements with the trading bloc championed by Putin. The parties agreed to hold regular meetings in Minsk. Fighting raged on in Ukraine’s east. Rebels attacked the coastal town of Novoazovsk, near the Russian border & continued shelling Donetsk. The separatists are mounting a counterattack to the gov offensive, he said.
Putin Meets Poroshenko on Ukraine in ‘Complicated’ Talks
Apple suppliers are preparing to manufacture the company’s largest iPad, with production scheduled to commence by Q1-2015. The new iPad will have a screen measuring 12.9". AAPL currently produces iPads with 9.7" & 7.9-" displays. The company has been working with suppliers for at least a year to develop a new range of larger touch-screen devices. AAPL CEO Tim Cook is working to shake up the iPad line. Sales of the tablets, its 2nd-biggest product after the iPhone, have declined for 2 straight qtrs amid a lack of new models & as consumers have instead gravitated to smartphones with bigger screens. The suppliers recently started manufacturing an updated 9.7" screen iPad, & were also set to enter production of a new version of the iPad mini with the devices set to be available later this year in time for the holiday season. AAPL is also increasing the screen size of the iPhone. The company is holding an event on Sep 9 to debut new bigger-display iPhones. New iPhones will come in 2 models: one with a 4.7" screen & another with a 5.5" screen. AAPL is also working on a bigger-screen iPad even as much of the growth in tablets has recently come from low-end smaller-screen models. Potential customers for larger-screen iPads are businesses, where the device could take on more tasks of a traditional laptop computer. In Jul, AAPL unveiled a partnership with IBM (IBM), & Cook said part of the pact’s rationale was to sell to corps so they could “be a catalyst for future iPad growth.” The stock slipped back chump change. If you would like to learn more about AAPL, click on this link:
club.ino.com/trend/analysis/stock/AAPL?a_aid=CD3289&a_bid=6ae5b6f7
Apple Said to Prepare New 12.9-Inch IPad for Early 2015
Apple (AAPL)
Hewlett-Packard is recalling more than 6M PC power cords in the UA & Canada, citing reports of overheating & melting units. The cords, distributed with Hewlett-Packard & Compaq notebooks & related products, were sold from Sep 2010 - Jun 2012, the company & US Consumer Product Safety Commission said. Affected customers are eligible to receive a replacement for the LS-15 power cords, which were made in China. HPQ received 29 reports of power cords overheating, melting or charring, leading to 2 claims of minor burns & 13 claims of minor property damage, according to the gov agency. “Hewlett-Packard customers affected by this program will be eligible to receive a replacement AC power cord for each verified, recalled AC power cord at no cost,” a spokeswoman for HPQ said . “We apologize for the inconvenience this has caused.” HPQ & Google (GGOG) halted sales of the Chromebook 11 laptop in Nov 2013 after some users reported overheating power supplies. The stock rose 68¢. If you would like to learn more about HPQ, click on this link:
club.ino.com/trend/analysis/stock/HPQ?a_aid=CD3289&a_bid=6ae5b6f7
HP Recalls 6 Million Notebook PC Power Cords for Overheating
Hewlett-Packard (HPQ)
Stocks extended their rally but without conviction. As expected, volume was light, making any change suspect. The economic data was favorable but fighting continues in Ukraine & more rockets are being fired into Israel. Northern Iraq-Syria, under ISIS, is a mess & that fighting can have a major impact on oil prices. After a slow start this month, Dow has been rising for 3 weeks resulting in a 450 gain (closing just below the previous record of 17,113).
Dow Jones Industrials
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