282.22 -0.18 (-0.06%)
After hours: 4:54PM EDT
|Bid||281.56 x 3000|
|Ask||281.57 x 900|
|Day's Range||281.41 - 284.36|
|52 Week Range||233.76 - 293.94|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)A shift in narrative In the first quarter of 2018, there was a narrative of synchronized global expansion. In January, the IMF (International Monetary Fund) raised
‘Steelmageddon’: Are Steel Bears Getting It Wrong Once Again?Steel bears Bank of America Merrill Lynch released a bearish note on the US steel industry, citing capacity additions among domestic steel companies. Using the
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
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
Moving the federal funds rate higher or lower will be data dependent, but I believe the rate will stay at 2.25% to 2.50% through 2019.
Why Jeffrey Gundlach Thinks We're Still in a Bear Market“Highway to Hell” “Bond King” and DoubleLine founder Jeffrey Gundlach hosted a webcast called “Highway to Hell” on March 12. The title highlights the condition the US economy (SPY)
Technically speaking, the S&P 500 has rallied atop major resistance (2,817) opening the path to less-charted territory and still potentially material follow-through, writes Michael Ashbaugh.
STNE Stands Out in Berkshire Hathaway’s PortfolioStoneCoStoneCo (STNE) had risen 22.0% today as of 11:10 AM Eastern Time. The company released its earnings yesterday and crushed analysts’ estimates. Berkshire Hathaway (BRK-B) is StoneCo’s
Don't look now, but 2019 may be shaping up to continue an Initial Public Offering (IPO) market that had been dormant just a few short years ago.
Hedge fund managers like Andreas Halvorsen, Chase Coleman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Why Oil's Rise Might Be Unstoppable(Continued from Prior Part)Changes in inventory levels On March 20, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. Any fall could narrow the
The U.S. stock market is at an inflection point. Some traditional TA — or technical analysis — believers see a breakout happening. Let us explore with the help of a chart — if you believe in traditional technical analysis.
Another Controversy Hits Trump as 2020 Elections ApproachTrump US President Donald Trump, who has been facing a probe for the alleged collusion with Russia to manipulate the 2016 elections, is now in the midst of another controversy. Trump has now
Why These Events Matter for Your Energy PortfolioKey energy eventsThe EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on March 20 and March 21. The data will likely be a short-term driver
Why Oil's Rise Might Be UnstoppableUS crude oil On March 18, US crude oil prices rose 1% and settled at $59.38 per barrel—the highest closing level for active US crude oil futures since November 12. The oil prices likely rose due to the falling
Natural Gas: An Important Update for TradersNatural gas At 3:34 AM EST on March 19, natural gas prices were almost unchanged from the last closing level. On March 18, natural gas April futures rose 2% and closed at 2.85 per MMBtu (million British
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Central banks As we discussed previously, central banks in developed economies like the US (SPY), Europe (VGK) (VEU), and Japan (EWJ) have adopted a dovish approach. While
Does Trump’s America Have Space for 'Great' Companies?President Donald Trump Over the last couple of days, President Donald Trump has severely criticized the largest US automaker, General Motors (GM). In a series of tweets, Trump asked GM to either
The U.S. Treasury completed auctions for $87 billion in debt on Monday morning, the large part of the $98 billion in debt it plans to sell this week. What Happened The Treasury offered $48 billion in 13-week ...
Since the mini bear/correction finished up at the end of 2018, the volatility index (VIX) has been smashed. This stunning move by the markets of rallying some 22% off the lows is remarkable. The VIX is back to the low levels we saw last summer/fall before a nasty decline ensued.
Economic Slowdown Deepens, Central Banks Take ChargeCentral banksThe 2019 economic growth outlook was always a sore point for markets. The broader market (SPY) sell-off that we witnessed in the fourth quarter could be partially due to the
Energy Sector Highlights Last Week(Continued from Prior Part)Energy subsector ETFsIn the week ending March 15, major energy subsector ETFs had the following performances:The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose