|Bid||262.36 x 10000|
|Ask||262.38 x 400|
|Day's Range||260.85 - 263.06|
|52 Week Range||235.43 - 286.58|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.09%|
Berkshire Hathaway CEO Warren Buffett explains a simple investing strategy that would've made you a fortune, that could make you a fortune in the years to come.
The Dow Jones Industrial Average looks prepared to add to Tuesday's losses, despite some strong earnings reports from major players and little other news, as investors fret about interest rates continuing to rise. The Dow Jones Industrial Average futures are fluctuating between gains and losses of less than 0.1%, while S&P 500 futures are 0.3% lower and Nasdaq Composite futures are 0.2% lower. There will no doubt be more attention paid to the 10-year Treasury yield again today, although DataTrek's Nicolas Colas writes that he's more concerned with two-year Treasuries.
While politicians’ policy decisions have always affected markets, geopolitics haven’t dominated stocks in recent history as much as we’ve seen this year. For some perspective, let’s take a look at how some of Donald Trump’s decisions have affected stocks. Last year, the Trump administration initiated a probe under Section 232 of the Trade Expansion Act of 1962 to investigate whether steel and aluminum imports threaten US national security.
After gaining for two consecutive trading weeks, the S&P 500 (SPY) started this week on a mixed note. On Monday, the S&P 500 opened the day higher but lost strength and closed the day almost flat. Six out of 11 major S&P 500 sectors advanced on April 23. Strength in the telecom services, energy, and healthcare sectors pushed the market higher. Weakness in the IT and materials sectors weighed on the market.
The S&P 500 Index (SPY) continued its negative run for a second consecutive month in March, as trade war fears and geopolitical tensions made investors risk-averse. The S&P 500 Index declined ~3.9% in February and ~2.7% in March, with these declines primarily being driven by increased trade tensions rather than any change in the underlying fundamentals. The Conference Board Leading Economic Index (or LEI) uses the performance of the S&P 500 Index (VOO) as one the constituents of the LEI.
Noble Energy (NBL) stock has mainly risen since the beginning of 2018. Noble Energy has tracked crude oil prices (DBO) (UCO) higher.
Stock sell-offs like what we have been witnessing are tough for long-term buy and hold investors to swallow. Laws of supply and demand and investor appetite fuel uptrends and downtrends alike. We just have to be aware of them as investors and plan accordingly.
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.
Dr. Pepper Snapple, Anthem, Google and AMC are the companies to watch.