S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
Market Update

GE Sales Down 12%; Honeywell, Microsoft, Visa Net Surge
Jul 21, 12:54 PM ET 
Colgate-Palmolive net declined 13% on disappointing sales. eBay profit tumbled but met revenues expectations. GE continued to struggle with revenues and quarterly sales fell 12%. Microsoft net more than doubled. Visa net surged.
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Vodafone Battles Global Fall in Rates, Paysafe Receives Takeover Offer
Jul 21, 11:08 AM ET 
France based auto equipment maker Faurecia lifted fiscal forecast. Paysafe received a conditional takeover offer for £2.9 bn. Philips Lighting net surged on a strong gain in margins. Sartorius net soared. Vodafone revenues fell 3% as the wireless telecom struggles with a fall in worldwide prices.
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STOCK MOVERS

U.S. Movers: Colgate-Palmolive, eBay, GE, Honeywell, Moody's, Microsoft, Visa
Jul 21, 12:55 PM ET 
Colgate-Palmolive net declined 13% on disappointing sales. eBay profit tumbled but met revenues expectati...
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U.S. Movers: Abbott, BNY Mellon, Danaher, Kinder Morgan, Qualcomm, Travelers
Jul 20, 12:48 PM ET 
Abbott net plunged but revenues soared and lifted profit forecast. BNY Mellon net surged on higher cleari...
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U.S. Movers: Crown Castle, Grainger, IBM, Morgan Stanley, U.S. Bancorp
Jul 19, 12:40 PM ET 
Crown Castle plans to acquire Lightower Fiber Networks for about $7.1 billion. Grainger profit tumbled bu...
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U.S. Movers: Bank of America, Goldman Sachs, Harley-Davidson, J&J, Netflix
Jul 18, 2:54 AM ET 
Bank of America profit soared on higher interest rate income and rising deposits. Goldman Sachs slumped o...
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U.S. Movers: BlackRock, Church & Dwight, Carlyle, J B Hunt, Multi-Color, P&G
U.S. Movers: Citi, First Republic Bank, JPMorgan, PNC Financial, Wells Fargo
U.S. Movers: American Airlines, Commerce Bancshares, Delta Air Lines
U.S. Movers: AAR, Barnes & Noble, Bank Of The Ozarks, MSC Indl
U.S. Movers: Barracuda Networks, PepsiCo, VOXX International, WD-40
U.S. Movers: Abercrombie & Fitch, Helen of Troy, Philip Morris, TPG RE
Mutual funds Q&A

High Quality Companies with Transitory Issues
Touchstone Mid Cap Value Fund
Todd Vingers
“Through a classic value investment approach, we focus on strong companies which are temporarily out of f...

A Unique Approach to REIT Investing Through a Risk Managed Framework
Guggenheim Risk Managed Real Estate Fund
Thomas Youn
“The goal of the fund is to not only outperform the benchmark but to mitigate daily volatility and drawdo...

Seeking Lower Volatility Through a Better Upside/Downside Ratio
Hennessy Equity and Income Fund
Mark DeVaul, Gary Cloud
“The fund’s goal is to capture most of the market upside as measured by the S&P 500 Index and limit the d...
MANAGEMENT TALK Q&A

Defined in Holdings and Time Periods
Rich Stewart
What we say in the UIT industry is that you know what you own because there’s transparency; you know exac...

Stratified Returns
It’s a simple methodology and what it does is it basically selects the top scoring 75% of the market and ...

Evolving the Alternative Landscape
Dick Pfister
We provide access and we monitor alternative investment managers. This provides comfort to the investment...
Touchstone Mid Cap Value Fund
Todd Vingers
“Through a classic value investment approach, we focus on strong companies which are temporarily out of favor in the market. We believe that these businesses which are selling at a discount to fair value have the potential to generate excess returns.”
Guggenheim Risk Managed Real Estate Fund
Thomas Youn
“The goal of the fund is to not only outperform the benchmark but to mitigate daily volatility and drawdown risk.”
Hennessy Equity and Income Fund
Mark DeVaul, Gary Cloud
“The fund’s goal is to capture most of the market upside as measured by the S&P 500 Index and limit the downside. Over the last 10 years, the fund has captured 84% of the market return with 41% less volatility.”
BMO Mid-Cap Value Fund
Thomas Lettenberger
“We look for improvement in fundamentals. We are not going to buy a stock hoping for a catalyst to happen; instead, we make investment decisions based on visible improvements in the company financials.”
Oppenheimer Mid Cap Value Fund
Laton Spahr, Eric Hewitt
“We believe that the value of a public equity is as much driven by behavior and narrative as it is by cash flow and interest rates.”










EARNINGS CALENDAR

SYMBOL COMPANY NAME EARNNINGS AUDIO
ECONOMIC CALENDAR

INDUSTRY DATE TIME
Existing Home Sales 2017-07-24 10:00 AM
Jobless Claims 2017-07-20 8:30 AM
Housing Starts 2017-07-19 8:30 AM
EIA Petroleum Status Report 2017-07-19 10:30 AM
Import and Export Prices 2017-07-18 8:30 AM
Consumer Price Index 2017-07-14 8:30 AM
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc