|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||255.30 - 257.83|
|52 Week Range||216.97 - 269.28|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.98|
|Expense Ratio (net)||0.17%|
Bill Ackman’s Pershing Square Is Off to Its Best Start Ever in 2019Pershing Square’s best-ever start to a yearAfter a dismal 2018, this year is turning out to be a blockbuster for Pershing Square. As per its annual report released yesterday, its
Why Vale’s Problems Will Likely ContinueVale’s dam burst Vale’s (VALE) problems don’t seem to be ending anytime soon. On January 25, a dam ruptured at Vale’s iron ore mine in Brazil’s (EWZ) Minas Gerais state. Due to the collapse, close
Both Housing Starts/Building Permits and the latest Case-Shiller home price index came in worse than expected. Meanwhile, MCD and Uber make purchases.
Morgan Stanley: ‘Get Defensive’ on Inverted Yield Curve(Continued from Prior Part)Morgan Stanley bearish on S&P 500 Morgan Stanley chief equity strategist Michael Wilson’s year-end target for the S&P 500 (SPY) is among the most bearish
Morgan Stanley: ‘Get Defensive’ on Inverted Yield CurvePotential slowdownAs reported by CNBC, Morgan Stanley (MS) equity strategist Michael Wilson said that investors should “remain defensively positioned,” as last week’s yield curve
Markets Spooked as Yield Curve Inverts for First Time since 2007(Continued from Prior Part)Fed’s dovish stanceAnother factor that added to the downward pressure on yields came after the Fed’s more-dovish-than-expected take on future rate hikes.
Markets Spooked as Yield Curve Inverts for First Time since 2007Flattening of the yield curveA yield curve tracks the yields of Treasury securities maturing at different times. Usually, the yields of securities with higher durations, such as
The long-awaited report of Special Counsel Robert Mueller presented no evidence incriminating President Donald Trump , according to Attorney General William Barr. "The Special Counsel's investigation ...
Real Life Trading and PreMarket Prep's “Wall Street and Mathemagic” webinar kicked off Tuesday, March 19, with a great turnout. A few of the questions asked were about the Candlestick method of chart analysis and for an explanation of different trading systems. The topics in the first course covered Wall Street, being an owner of a company and how companies raise money to support their business.
U.S. markets and stock ETFs tumbled Friday after weak manufacturing data out of the U.S. and Europe fueled safe haven bets and triggered a yield-curve inversion, a recession indicator that stoked fears ...
Where US Crude Oil Could Head by the End of MarchOil’s implied volatility On March 21, US crude oil’s implied volatility was 24.9%, which was 6.7% below its 15-day average. Usually, lower implied volatility supports oil prices. You can see the
Fed’s Dovish Stance Surprised Jeffrey Gundlach(Continued from Prior Part)Gundlach on the Fed’s rate hike outlook Jeffrey Gundlach mentioned that while he predicted that the Fed would go down from two expected hikes in 2019 to 0.5 hikes, the Fed
Could Gold Prices Rise as Market Concerns Increase?Gold prices gain due to weak Eurozone data On March 22, gold prices (NUGT) have been gaining due to safe-haven bids led by weaker-than-expected economic data from the Eurozone (HEDJ). The data
Fed’s Dovish Stance Surprised Jeffrey GundlachFed’s dovish tone While talking to CNBC on March 21, the “bond king” and DoubleLine founder, Jeffrey Gundlach shared his views on the Fed’s recent meeting and what it could mean for the
Is Oil's Rise Purely Based on Supply Deficits?US equity indexesOn March 14–21, US equity indexes had the following correlations with US crude oil May futures:the Dow Jones Industrial Average (DIA): -74.8%the S&P 500 (SPY): -68.1%the S&P
U.S. stock ETFs continue their forward march, with technology stocks leading the major indices higher, as investors maintain their risk-on mood following the Federal Reserve’s dovish monetary policy stance ...
Trump’s at It Again: Markets Spooked by Tariff WarningTrump spooking markets again Once again, President Trump has spooked markets with his warning about trade tariffs against China (FXI). The White House released a transcript of Trump’s
What Fund Managers’ Allocations Say about the Market's Outlook(Continued from Prior Part)The new biggest tail riskIn Bank of America Merrill Lynch’s March 2019 survey, the slowdown in China was cited as the biggest tail risk by the majority of
What Fund Managers’ Allocations Say about the Market's Outlook(Continued from Prior Part)Fund managers’ allocationsAs we discussed in the previous article, fund managers are cautious on the stock market (DIA) right now despite its YTD
What Fund Managers’ Allocations Say about the Market's OutlookBAML survey and fund managers BAML (Bank of America Merrill Lynch) conducted a survey that polled 239 global investors with $664 billion in total assets under management between March 8
The Federal Reserve signaled Wednesday it is "on our side," but stocks ended mostly lower on the day from China-related trade concerns, according to CNBC's Jim Cramer. What Happened The Federal ...