|Bid||178.21 x 1400|
|Ask||178.35 x 1300|
|Day's Range||178.37 - 182.26|
|52 Week Range||143.46 - 187.53|
|PE Ratio (TTM)||4.69|
|Beta (3Y Monthly)||1.10|
|Expense Ratio (net)||0.20%|
The markets next week will be focused on the Apple's surprise product unveiling Monday, as well as housing and consumer confidence numbers.
Mario Draghi: Is another ‘Whatever It Takes’ Moment at Hand?(Continued from Prior Part)EuropeWhile the rest of the world recovered from the 2007–2008 financial crisis, Europe (VGK)(EZU) has been engulfed in one crisis after another.
The Latest on Tech Stocks Apple, Google, Disney, and NetflixThe NASDAQ Composite Index is headed for another weekly gain The tech-heavy NASDAQ Composite Index (QQQ) is on track to post its 12th weekly gain in 13 weeks. The index rebounded 3.8% in
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
What Fund Managers’ Allocations Say about the Market's Outlook(Continued from Prior Part)Most crowded trade As with the biggest tail risk, the latest Bank of America Merrill Lynch Survey resulted in a new “most crowded trade” response as well.
Apple: Investors Should Be Careful despite Recent Upgrades(Continued from Prior Part)AppleOn March 21, Apple (AAPL) received ratings upgrade from two firms. In the previous part of this series, we looked at one of these upgrades from Needham &
Apple: Investors Should Be Careful despite Recent UpgradesApple On Thursday, the stock of US tech giant Apple (AAPL) was trading on a bullish note. At 12:55 PM ET, the stock was up 3.2% for the day after posting a day high of $195.07—which was
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
Jobless claims fell back to within the long-term range to 221K, Philly Fed surprised at 13.7 (after a negative February) and Biogen's phase 3 trial is halted.
Powell Halts Rate Hikes, Trump Might Not Be Pleased(Continued from Prior Part)Economy After its two-day meeting, the Federal Reserve signaled no more rate hikes in 2019. In December, the Fed projected two rate hikes in 2019. The Fed has also toned
U.S. markets and stock exchange traded funds were stuck in languid trading Wednesday as investors waited on the latest comments from the Federal Reserve on its monetary policy and hints of progress in trade talks between the U.S. and China. On Wednesday, the Invesco QQQ Trust (QQQ) was down 0.2%, SPDR Dow Jones Industrial Average ETF (DIA) was 0.7% lower and SPDR S&P 500 ETF (SPY) declined 0.5%. Many anticipated the Fed to pause interest rate hikes this year and outline a plan to wind down its balance-sheet runoff program as a way to bolster confidence in the U.S. economy and markets, the Wall Street Journal reports.
The 90s Called. They Want to Know Why You Are Buying Oracle.Oracle’s shiny 90’s buildings Really? Larry Ellison: yacht racing and a $50 million Japanese-style house. Sweet. But is the stock really a buy now? Sure they bought Netsuite so
More Action: US-China Trade Talks Resume Next Week(Continued from Prior Part)US-China talks In the previous part, we discussed that the US (QQQ) and China plan to resume the trade talks next week. So far, China’s economic data have disappointed
Are Elon Musk and Tesla Boosting Q1 Car Orders?(Continued from Prior Part)Tesla In the last few quarters, Tesla (TSLA) has managed to report profitability with the help of significant improvements in Model 3 production. On February 28, the company
Tech and Media's Latest: NVIDIA, Netflix, Hulu, EA, and AppleChip stocks have outperformed broader markets in 2019 Semiconductor stocks have been on a roll lately. YTD (year-to-date), the VanEck Vectors Semiconductor ETF (SMH) has risen 22% compared
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)The next move for the US dollar could be downDuring his “Highway to Hell” webcast, Jeffrey Gundlach put forth several arguments for a bearish long-term outlook
Likely to happen upon the Fed's announcement at 2pm ET today is that the overall number of rate hikes expected throughout 2019 will come down.
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)A bear market In December 2018, Jeffrey Gundlach said, “I’m pretty sure this is a bear market.” At the time, things seemed bearish, as broader markets (SPY)
What Are Markets Expecting from Fed’s Policy Meeting?Fed’s rate hike path The Federal Reserve started its two-day-long meeting today. The markets do not expect a rate hike at the meeting. While the interest rates are not expected to budge, there
It’s Official: Apple's TV Service Won’t Include NetflixAppleAmerican tech giant Apple (AAPL) is set to hold a special event at the Steve Jobs Theater in Cupertino, California, on March 25. The company is expected to launch its video streaming
Why Trump Thinks Facebook, Google, and Twitter Are Against HimTrump versus the mediaThis morning in a tweet, President Donald Trump continued his fight with the media, branding it “the Corrupt Media.” This time he also attacked US tech giants
U.S. markets and stock ETFs continued to strengthen Tuesday as investors remained hopeful that the Federal Reserve will maintain a more accommodative monetary policy in its upcoming meeting. On Tuesday, the Invesco QQQ Trust (QQQ) was up 0.6%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.3% and SPDR S&P 500 ETF (SPY) gained 0.4%. Stock investors maintained their risk-on position on hopes that the Federal Reserve's two-day meeting this week will yield a more accommodative result after a number of downbeat economic data this month supported expectations of a more dovish stance from the Fed, Reuters reports.