|Day's Range||14.82 - 14.82|
Portfolio Manager Bill Hench details which areas of health care he finds attractive for his small-cap deep value strategy Continue reading...
The Federal Open Market Committee’s (FOMC) last policy-setting meeting of this year and November’s retail sales data will take centerstage this week.
Last year was an exception when the stock market plunged in December. • The left-most point on the chart shows a rise, similar to the one happening now, in the stock market. • The right-most point shown on the chart is for the current stock market.
On Friday, the Invesco QQQ Trust (QQQ) was up 1.1%, SPDR Dow Jones Industrial Average ETF (DIA) gained 1.2% and SPDR S&P 500 ETF (SPY) rose 1.0%. Markets strengthened after the Labor Department revealed employers added 266,000 jobs over November and unemployment matched a half-century low of 3.5% compared to estimates of a 187,000 rise and unemployment rate of 3.6%, fueling optimism that the U.S. economy is still holding up and consumers could continue to support growth ahead, the Wall Street Journal reports.
Aramco Goes Public, Finally Saudi Arabia took the biggest company in the world public today in the Saudi Arabian exchange, for what logically ended up being the biggest IPO in the world. It sold 3 billion shares at $8.53 a share, raising more than the now-runner-up Alibaba (NYSE:BABA) when it went public in 2014. Since […]The post Market Morning: Aramco Goes Public, Pelosi to Save Democracy, Payrolls Beat, Uber Assaults appeared first on Market Exclusive.
On Thursday, the Invesco QQQ Trust (QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF (DIA) gained 0.2% and SPDR S&P 500 ETF (SPY) rose 0.2%. The comments out of Beijing assuaged previous concerns over a breakdown after President Donald Trump suggested that the talks could continue well into next year. “We’re on hold until we see what happens on the trade front,” Chuck Carlson, chief executive officer at Horizon Investment Services, told Reuters.
Chances of a phase-one U.S. China trade deal is likely to be the main focus of investors before mid-December. Bet on dividend ETFs to steer clear of the uncertainty
U.S. markets and stock ETFs rebounded after U.S. President Donald Trump said talks with China were going "very well," allaying some of the prior fears that a deal would be delayed. On Wednesday, the Invesco QQQ Trust (QQQ) was up 0.6%, SPDR Dow Jones Industrial Average ETF (DIA) gained 0.6% and SPDR S&P 500 ETF (SPY) rose 0.7%. Analysts argued that markets are putting hopes on an initial accord being hashed out between the U.S. and China as U.S. negotiators anticipate a phase-one deal with China to be completed before the mid-December scheduled tariff hikes, the Wall Street Journal reports.
Despite the age-old trend of a Santa rally, 2018 was a massive downer. Since 2019 is giving the same cues, investors can seek refuge in these safer ETFs.