|Bid||168.91 x 800|
|Ask||168.92 x 4000|
|Day's Range||167.26 - 169.25|
|52 Week Range||134.12 - 170.20|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Small-cap stocks and the related small-cap ETFs are easily topping their large-cap rivals this year. For example, the year-to-date gain offered by the iShares Russell 2000 ETF (NYSEArca: IWM), which follows ...
While a strong U.S. dollar weighs on corporate earnings for large multinational companies with big overseas footprints, small-cap stocks and related ETFs may continue to outperform with the U.S. economy continuing to chug along. The iShares Russell 2000 ETF (IWM) , which follows the benchmark Russell 2000 index of small-cap stocks, increased 10.0% year-to-date while the SPDR S&P 500 ETF (SPY), which tracks the widely observed S&P 500, rose 5.6%. The outperformance in small-caps may continue as a stronger U.S. dollar weighs on larger companies that have overseas businesses.
The demand for ETFs domestically is beginning to wane, forcing investment firms to offer more innovative product solutions or slash their fees in the process, but international interest in ETFs is beginning to intensify and firms are ready to scramble in order to capture that market share. One area that has been getting increased interest from investors is in the fixed-income arena.
The stock market has been ignoring talk about trade wars having negative implications, and has continued to rally, as many market participants look upon it in disbelief. While the S&P 500 Index (SPX) rose to 2,800 points, as we expected, this past week, I think the market is likely set up for a pullback within the next week or so. You see, the analysts in our Stock Waves service at ElliottWaveTrader.net are telling me that many of the charts of individual stocks they are following are set up for a melt-up phase in their respective 3rd waves and may not see a bigger pullback this summer.
The broader question for Elliott Wave adherents is whether the S&P 500 will top just over 3,000 or if it can set up to extend to the 3,225 region by the middle of next year.
The Federal Reserve has hiked interest rates two times this year and plans another two more in the second half. Looking at the year-to-date sums of daily equity returns on days when the 10-year yield rose and days when it fell, there is a clear pattern that shows on days when the yield rose, equities tended to rise as well and vice versa on days when the yield fell, Tom Goodwin, senior research director for FTSE Russell, said in a research note. When yields on Treasuries were moving higher, U.S. equity as represented by the FTSE Russell 1000 tended to outperform both international and emerging market stocks.
Looking at technical indicators, the relative strength index (RSI) appears neutral at 45.23, but the moving average convergence divergence (MACD) experienced a bearish crossover earlier this month, suggesting further downside ahead. Looking at technical indicators, the RSI appears relatively neutral with a reading of 40.35, but the MACD experienced a bearish crossover earlier this month, suggesting further downside ahead.
Large technology companies, such as Facebook and Amazon, have posted weak performance of late, as the trade war rhetoric spilled into the technology sector.
Small-Cap ETFs are leading the markets charge this year. Year-to-date, the iShares Core S&P Small-Cap ETF (NYSEArca: IJR), which tracks the S&P Small-Cap 600 Index, increased 10.9%; the iShares Russell ...
Small capitalization stocks and related ETFs have been outperforming their large-cap peers, and the outperformance has also drawn the attention of foreign investors. The iShares Russell 2000 ETF (NYSEArca: ...
Energy stocks are poised for continued gains this week after the Organization of Petroleum Exporting Countries (OPEC) increased production by less than many analysts expected last Friday. After meeting with Russia, OPEC announced that it would eventually go back to 100% compliance with the previously agreed upon output cuts but gave no concrete figures.
The Conference Board LEI (Leading Economic Index) includes the credit conditions in the US economy as one of its constituents. Changes to six financial market instruments are modeled to construct this credit index.
While the U.S. and China are embroiled in an escalating trade war, small-cap stocks and small-cap ETFs are outperforming. Year-to-date, the iShares Core S&P Small-Cap ETF (IJR) , which tracks the S&P Small-Cap 600 Index, increased 13.2% and the iShares Russell 2000 ETF (IWM) , which tracks the benchmark Russell 2000 Index, gained 11.8% year-to-date while the S&P 500 was up 4.5%. Supporting the small-cap's recent run up, many traders believed smaller companies were insulated from the overseas turmoil.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after traders digest the latest trade news and manufacturing data. Here's the performance of select trending stocks as of 1:30 pm ET: TVIX(HB) VS 2X VIX Short Term 9.21% UVXY(HB) ProShs Ultra VIX Short-Term 6.77% MDGL Madrigal Pharma Inc 6.59% CGC(HB) Canopy Growth 4.72% VXX iPath S&P 500 VIX Short-Term 4.68% TXMD(HB) TherapeuticsMD Inc 2.16% VKTX(HB) Viking Therapeutics Inc 2.11% AKER(HB,H,0) Akers Biosciences Inc 2.01% MU Micron Tech 1.83% TWTR Twitter Inc 1.78% AAOI(HB,0) Applied Optoelectronice Inc 1.75% GERN(HB) Geron Corp 1.75% CRM salesforce.com Inc 1.61% MOMO Momo Inc ADS 1.59% CRSP(HB) CRISPR Therapeutics AG 1.41% BOX(0) Box, Inc 1.16% WFC Wells Fargo 1.10% SQ Square Inc 1.04% TRXC(HB) TransEnterix Inc 0.92% NVDA(HB) Nvidia Corp 0.91% X U.S. Steel Corporation 0.75% SNAP(HB) Snap Inc 0.65% AKS(HB) AK Steel Hldg 0.58% GS Goldman Sachs Grp 0.54% MSFT Microsoft Corp 0.28% SIRI(HB) Sirius XM Hldgs Inc 0.15% TEVA Teva Pharm Indus ADR 0.12% AMD(HB) Advanced Micro Devices Inc 0.13% PYPL(HB) PayPal Hldgs Inc 0.10% BIDU(HB) Baidu Inc 0.09% JPM JPMorgan Chase & Co 0.08% BRK.B Berkshire Hathaway'B' 0.02% CELG Celgene Corp -0.05% GILD Gilead Sciences -0.08% IBM Intl Business Machines Corp -0.14% T AT&T Inc -0.14% ROKU Roku Inc Cl A -0.14% DIS Disney (Walt) Co -0.18% VRX Valeant Pharma Intl Inc -0.26% V Visa Inc -0.26% SBUX Starbucks Corp -0.29% PFE Pfizer Inc -0.29% PG Procter & Gamble Cc -0.32% HPQ HP Inc -0.35% BAC Bank of America Corporation -0.35% KO Coca-Cola Co -0.39% JCP(HB) Penney (J.C.) -0.43% ABBV AbbVie Inc -0.43% QQQ Invesco QQQ Trust Series 1 -0.44% SPY SPDR S&P 500 ETF -0.51% INTC Intel Corp -0.52% JNJ Johnson & Johnson -0.54% DB(HB) Deutsche Bank Ag Ord -0.56% GOOGL Alphabet Inc Cl A -0.60% GOOG Alphabet Inc Cl C Cap Stock -0.60% BA Boeing Co -0.61% C Citigrp Inc -0.60% PBR Petroleo Brasileiro S.A. ADS -0.80% GM General Motors Co -0.84% BP(HB) BP P.L.C. ADS -1.00% F Ford Motor -1.08% BABA Alibaba Group Holding Ltd -0.99% VZ Verizon Communications -1.05% COST Costco Wholesale Corp -1.12% CHK Chesapeake Energy Corp -1.24% DKS Dick's Sporting Goods -1.25% IQ(HB) IQIYI Inc ADS -1.36% XOM Exxon Mobil -1.30% NXPI NXP Semiconductors N.V. -1.37% QCOM Qualcomm Inc -1.44% JD JD.com Inc -1.42% KMI Kinder Morgan Inc -1.64% CVX Chevron Corporation -1.77% CSCO Cisco Systems -1.77% AVGO Broadcom Inc -1.85% AMAT Applied Materials -2.21% NOK Nokia Corp ADS -2.26% WMT Wal-Mart Stores -2.46% GE General Electric Co -2.61% TSLA Tesla Inc -2.84% NKE Nike Inc Cl B -2.99% OLED(3) Universal Display Corp -3.20% JNUG(HB) DX Jr Gold Miners Bull 3x -4.10% HMNY(HB,F) Helios and Matheson Analytics -19.32% BRK-B Berkshire Hathaway BRK-A Warren Buffett 0005.HK ACB.TO YM=F CADUSD=X GC=F BBD-B.TO ^RUT