US Market Live!!!!!!!!!!!!!!!!!!!!

The NYSE's opening and closing bells mark the beginning and the end of each trading day. The 'opening bell' is rung at 9:30 AM EST to mark the start of the day's trading session. At 4 PM EST the 'closing bell' is rung and trading for the day stops. There are bells located in each of the four main sections of the NYSE that all ring at the same time once a button is pressed.There are three buttons that control the bells, located on the control panel behind the podium which overlooks the trading floor. The main bell, which is rung at the beginning and end of the trading day, is controlled by a green button. The second button, colored orange, activates a single-stroke bell that is used to signal a moment of silence. A third, red button controls a backup bell which is used in case the main bell fails to ring. Many of the people who ring the bell are business executives whose companies trade on the exchange. However, there have also been many famous people from outside the world of business that have rung the bell. Athletes such as Joe DiMaggio of the New York Yankees and Olympic swimming champion Michael Phelps, entertainers such as rapper Snoop Dogg and members of the band Kiss, and politicians such as Mayor of New York City Rudy Giuliani and President of South Africa Nelson Mandela have all had the honor of ringing the bell. In addition there have been many bell-ringers who are famous for heroic deeds, such as members of the New York police and fire departments following the events of 9/11, members of the United States Armed Forces serving overseas, and participants in various charitable organizations. The reception they receive is often significantly more vocal than that accorded to even the most famous celebrities.[citation needed] There have also been several fictional characters that have rung the bell, including Mickey Mouse, the Pink Panther, Mr. Potato Head, the Aflac Duck, and Darth Vader.

Will 2014 be a good year for the stock markets?

                 Most foreign institutional investors and domestic brokerage and fund houses are likely to enter 2014 with more optimism than in the past few years. So far, the BSE Sensex has returned about 8 per cent this year, while the BSE Mid-cap and Small-cap indices tumbled 9 per cent and 16.5 per cent respectively. Among sectors, technology and pharma shares have done extremely well in 2013. So, what is in store for the market in 2014 and which theme will play out strong returns? The biggest event of the year is the general election in May. Analysts are already crystal-gazing on the outcome of the election. Most analysts wish that a stable dispensation will be in place at the Centre after the election, preferably one led by Narendra Modi with a comfortable working majority.According to Goldman Sachs (November 28 report), 2014 will be a transition year for India. “This is primarily due to the important Parliamentary elections expected in April-May 2014. Greater reform momentum, combined with a removal of uncertainties, could propel the economy forward and improve its diminishing growth potential,” Andrew Tilton has said in the report.Apart from the general election, other major risks include tapering of the easy liquidity policy by the US Federal Reserve and China's growth. Among sectors, most analysts prefer stocks that will benefit from an economic revival and sectors such as auto, private banks and oil, which could gain from reforms. Some even advise a small exposure to deep cyclicals, which include beaten-down infrastructure players and Government banks. Analysts expect the banking and financial sector to outperform in the coming year, as net NPAs (bad loans) may have peaked. They foresee that asset quality issues may abate in the next few quarters. For most, valuations are attractive at current levels, particularly for PSU banks, but suggest that investors limit their exposure to large-cap banks.
                  Analysts also believe the metal sector will outperform, driven by the improving demand outlook of developed economies. Telecom also finds favour with analysts on account of consistent earnings upgrades. Most analysts also expect 2014 will be a strong year for companies that will increase investment spending. Besides, companies doing large buybacks and firms with a high operating leverage will also do well. As the economy improves, companies with high fixed costs will also do better in 2014, say analysts. However, they see little upward scope for healthcare and pharmaceuticals stocks, given their current valuations. Information technology remains neutral for most financial advisors. Though most analysts estimate the IT sector will continue to see earnings upgrades and would likely benefit further from the early signs of demand revival in the US, they feel most IT stocks, particularly large-caps, are ruling at elevated valuations. Most analysts are also advising investors to stay away from fast-moving consumer durable stocks due to expensive valuations. Diversification is a strong argument for Indian investors. A part of the investments can be considered for gold and global stocks/indices, advise analysts. But one common piece of advice to retail investors, particularly from domestic brokerages, is to seriously consider passive investment vehicles such as index funds and diversified equity funds.
 

2014 Stock Market Outlook: More Gains

Five years into a powerful bull market, there seems to be little on the horizon to cheer up the bears.
The march to record highs came despite hurdles that might have tripped up lesser bulls. First came a scare courtesy of hints that the Federal Reserve was about to remove the easy-money punchbowl that has kept this party going. That was followed by a government shutdown and then the threat of a U.S. debt default. What’s more, the stock market’s gains materialized despite a lackluster year for corporate profits, often considered the market’s main engine.
So the phenomenal rally raises the question: Where is the market getting its strength? And more important, can this aging bull continue to run? Our answer: Don’t give up on the bull yet—it may be younger than it looks. “We don’t see a bear market coming,” says Henry Smith, chief investment officer of Haverford Trust. “We believe that March 2009 represented a generational low, and that this is the middle of a sustained bull market.”
Another year of gains will be supported by stronger economic and corporate underpinnings, and, just as important, improving sentiment among investors. By most measures, stocks are fairly priced, if not bargains. Given expected earnings growth of nearly 10% in 2014, we think stock prices could rise that much and perhaps more if investors again prove themselves willing to pay more for each dollar of corporate profits, ratcheting up the market’s price-earnings ratio. A reasonable range to expect would be 8% to 12% returns, including dividends. An 8% price gain would put the S&P 500 in the vicinity of 1,944, translating into roughly 17,300 on the Dow Jones industrial average; a 10% gain would put the S&P 500 at 1,980, the Dow a bit over 17,600. With dividends, the S&P’s returns could reach 12%.
Despite the wounds inflicted by squabbling lawmakers in Washington, the U.S. economy will continue to improve in 2014, with gross domestic product growing 2.6%, up from our estimate of 1.5% in 2013. For the first time since the Great Recession, consumers will see wages grow faster than inflation, with personal income rising at least 3.5% and inflation about 2%. Companies will continue to add to payrolls, with the unemployment rate fluctuating between 6.9% and 7.2% as more people decide to resume searching for work. To keep the economic wheels greased, the Fed will likely keep short-term interest rates near zero until 2015, but longer-term rates will rise as investors begin to anticipate an acceleration of economic growth. Look for the benchmark ten-year Treasury bond to end 2014 with a yield of 3.3%, up from 2.8% today.
Housing is a pocket of economic strength, with new-home sales expected to jump 16%. Outside the U.S., exports could rise by 4% as Europe’s economy convalesces and China’s slowdown levels out. Economists at IHS Global Insight expect global economic growth of 3.3% in 2014, up from an expected 2.4% in 2013. Among the challenges in the U.S. will be the fiscal uncertainty that bleeds into early 2014 as Congress wrangles with the level of government spending and with raising the debt ceiling (also known as giving Uncle Sam the wherewithal to pay his IOUs).
But the Federal Reserve holds the real wild card. Most Fed watchers expect the central bank to begin cutting back its massive, $85-billion-per-month bond-buying program in the first quarter. Last summer, the market swooned at mere rumors that the Fed was set to taper its stimulus. Dan Morris, global investment strategist for TIAA-CREF, notes that from the time the Fed’s two previous “quantitative easing” programs ended (in March 2010 and June 2011) until the next easing program was hinted at, the S&P 500 fell 9% and 12%, respectively. At taper time, “the markets will take fright, yields will go up, there’ll be volatility,” Morris says. “You could see a 10% correction, but people need to ride through it.”