|Bid||287.81 x 1800|
|Ask||288.00 x 4000|
|Day's Range||285.12 - 288.60|
|52 Week Range||233.76 - 294.95|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
Here's Jeffrey Gundlach's Take on What to Expect from Markets(Continued from Prior Part)Odds of recessionJeffrey Gundlach believes that the likelihood of a recession in the next two years is extremely high. He believes while there is a 50% chance of
Jobless Claims Fell Last Week, Hinting at a Tight Labor MarketJobless claims fellOn May 16, the Labor Department reported jobless claims for last week. Initial jobless claims fell by 16,000 to 212,000 for the week ended May 11. It came in below
Here's Jeffrey Gundlach's Take on What to Expect from Markets(Continued from Prior Part)US growth dependent on debtJeffrey Gundlach’s DoubleLine Capital held a webcast with investors on May 14. Gundlach has been quite vocal about the increasing
What Impacted Your Energy Portfolio?(Continued from Prior Part)Correlation with US crude oilOn May 9–16, major energy ETFs had the following correlations with US crude oil active futures:the VanEck Vectors Oil Services ETF (OIH): 90.7%the SPDR
Housing Sales Data Look Promising—Can Homebuilders Benefit?US housing starts to rise after major setbacksThe week that started on May 13 has been a roller coaster of a week. It began with US-China trade talks escalating, and April’s jobs report,
What Impacted Your Energy Portfolio?Oil pushed energy stocks higherOn May 16, US crude oil June futures rose 1.4% and settled at $62.87 per barrel. A 0.9% rise in the S&P 500 Index (SPY) and rising geopolitical tensions in the Middle East
Think what you may of President Trump, but there is an undeniable fact. If you watch the stock market as closely as I do, you would notice that Trump often has impeccable timing to prop up the market. • The chart shows the stock market was falling.
How Trump's Executive Order Affected Tech Stocks(Continued from Prior Part)Huawei Donald Trump has invoked the International Emergency Economic Powers Act, the National Emergencies Act, and section 301 of the title 3, United States Code to bar
How Trump's Executive Order Affected Tech StocksNational securityUS President Donald Trump has declared yet another national emergency. On Wednesday, Trump signed an executive order saying “foreign adversaries are increasingly creating and
Bridgewater Associates is one of the world’s biggest hedge funds, launched and managed by one of the wealthiest investors in the world, renowned billionaire Ray Dalio. He actually founded the fund when he was very young – 26 years, which was back in 1975. And it all happened out of his two-bedroom apartment. Interestingly, his […]
Did April's US Retail Sales Report Fail to Impress?(Continued from Prior Part)What led to disappointing retail sales in April?Consumer spending has been trending downward this year with the US economy facing headwinds like slower tax refunds and
In this article find out how the Dow Jones Industrial Average works, tracks market movements, and what changes mean for investors and the stock market.
Annual tax-loss harvesting offers positive and negative aspects for investors. Learn the ins and outs of this taxing and yearly reaping process.
The trade war between the U.S. and China is escalating with no end in sight, increasing the likelihood that the stock market will be gripped by high volatility and sharp plunges for the foreseeable future, according to several investors and market watchers. In recent months, many of the major moves in the market have correlated with new developments in the trade conflict, or shifting expectations about its future course and the likelihood of a timely resolution. “It is possible we will still see trade volatility and trade tensions all the way up until the election, because it is a strong political position,” David Kelly, chief global strategist at JPMorgan Asset Management, told The Wall Street Journal.
Inflation is a decrease in the purchasing power of currency due to a rise in prices across the economy. Such a price change could conceivably have resulted from a surge in the popularity of coffee, or price pooling by a cartel of coffee producers, or years of devastating drought/flooding/conflict in a key coffee-growing region. Inflation requires prices to rise across a "basket" of goods and services, such as the one that comprises the most common measure of price changes, the consumer price index (CPI).
For the first time in a while, everything seems to be coming up roses with pre-market data, including a Walmart earnings beat.
BAML Survey: Downside Expected, but Not a Trade-Talk Breakdown(Continued from Prior Part)Trade war the biggest tail riskIn Bank of America Merrill Lynch’s May 2019 survey, the trade war took first place as the biggest tail risk, according to
As volatility rocked the equities market, stock benchmarks and related exchange traded funds saw their momentum falter, testing their major trend lines. Major indices drew close to widely observed technical ...
BAML Survey: Downside Expected, but Not a Trade-Talk Breakdown(Continued from Prior Part)Most crowded trade: US techAccording to the latest Bank of America Merrill Lynch survey, US tech was the most crowded trade, displacing short European
U.S. markets and stock ETFs continued to push higher Wednesday on renewed trade hopes after President Donald Trump held off on imported car tariffs. “The market was selling but rebounded,” Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, told Reuters.
The U.S. may be nearing an agreement with Mexico and Canada to roll back tariffs on steel and aluminum imports, Treasury Secretary Steven Mnuchin told a Senate subcommittee Wednesday, according to The ...