|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||160.19 - 161.77|
|52 Week Range||135.19 - 175.21|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||N/A|
The S&P 500 started this week on a mixed note and declined as the week progressed. After declining to two-week low price levels on Tuesday, the S&P 500 started April 25 on a weaker note. However, the S&P 500 (SPY) regained strength as the day progressed and closed the day with small gains.
In the previous article, we noted that Sheila Patel, the CEO of Goldman Sachs (GS) Asset Management’s International division, believed that a global meltdown in equities isn’t imminent. As market risks are increasing in the economy, she advised investors to focus on a variety of investment strategies.
Facebook, Inc. (NASDAQ: FB) just reported its Q1 2018 earnings results that crushed expectations, and its stock has responded by rising over 3% in the after hours trading session. Here’s a breakdown of some of the key statistics from the report:MetricQ1 2018Q1 2017ChangeRevenue$11,966 million$8,032 million49.0%Income from operations$5,449 million$3,327 million63.8%Net income$4,988 million$3,064 million62.8%Diluted EPS$1.69$1.0462.5%
Despite the volatile price action in the broader market, Salesforce.com, Inc. (NASDAQ:CRM) has been rather steady. Already CRM stock is up 19% on the year, dwarfing the gains of the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ), which are flat and up 4%, respectively. Also for the record, Salesforce stock is up 45% over the past 12 months.
The yield on the 10-year treasury note just hit 3% for the first time since 2014. Remember, bond yields are inversely related to bond prices. For the past few weeks, every time yields inch higher the "risk off" crowd shows up and stock have declined.
We all know we cannot control the market. So if you focus on what is happening every minute of every day you wind up focusing your attention on something you cannot control. Instead, savvy investors know to focus on variables they can control. Here are a few for your review:
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have been on an impressive rebound as of late. While Cisco stock came down with the rest of the market in both February and April, it’s been an out-performer on the way up. Over the last ten calendar days, Cisco stock is up more than 9%, compared to the 3.6% and 5.25% respective gains for the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ).
ETF inflows maintained the strong momentum last week amid solid corporate earnings growth. According to FactSet, US-listed ETFs attracted $11 billion worth of inflows, which takes the year-to-date inflows to $82.1 billion. The smart recovery in global stocks inspired investors to put $7.9 billion into equities (JPM) (WFC) (C)—$6.8 billion was in US equities, while the remaining was in international equities. US fixed-income ETFs added $2.2 billion, while international fixed-income ETFs garnered $458 million. The benchmark ten-year Treasury yield rose to 3% compared to 2. ...
Yahoo Finance's Seana Smith on the NYSE halting trading of Amazon and Alphabet, Twitter shares declining after earnings, what to expect from Facebook's earnings and more.
Yahoo Finance's Seana Smith and Jared Blikre on the 10-year treasury yield trading just shy of 3%, Qualcomm under pressure, what to expect in Alphabet's earnings and the US Treasury possibly easing sanctions on a Russian aluminum producer.
Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche talk with Jim McCaughan, CEO of Principal Global Investors, about high valuations in the tech sector, big tech earnings and investment opportunity in the sector.