284.52 -0.21 (-0.07%)
After hours: 6:14PM EDT
|Bid||284.52 x 1100|
|Ask||284.53 x 1300|
|Day's Range||280.61 - 285.18|
|52 Week Range||233.76 - 293.94|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
The market could be poised for further gains, even with risks mounting, JPMorgan said on Thursday.
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 &
Trump’s at It Again: Markets Spooked by Tariff WarningTrump spooking markets again Once again, President Trump has spooked markets with his warning about trade tariffs against China (FXI). The White House released a transcript of Trump’s
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
My call on what the Federal Open Market Committee (FOMC) would do at Wednesday's meeting was close to the actual result. There would have to be a "black swan" event for the Fed to change this thought process. Regarding the Federal Reserve balance sheet, I expected the unwinding to continue until later in the year.
What Fund Managers’ Allocations Say about the Market's Outlook(Continued from Prior Part)The new biggest tail riskIn Bank of America Merrill Lynch’s March 2019 survey, the slowdown in China was cited as the biggest tail risk by the majority of
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
The Federal Reserve signaled Wednesday it is "on our side," but stocks ended mostly lower on the day from China-related trade concerns, according to CNBC's Jim Cramer. What Happened The Federal ...
Does GM Have Good Potential despite Trump’s Criticism?The auto industry in 2018After trading on a positive note in 2016 and 2017, the stock of the largest US automaker, General Motors (GM), ended 2018 on a negative note with a loss of 18.4%.
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.
The Federal Reserve said Wednesday there will likely be no interest rate hikes in 2019, marking a reversal from a previous forecast of two increases this year. Maley: More Important Issues To Discuss ...
Powell Halts Rate Hikes, Trump Might Not Be PleasedFederal’s meeting The Fed’s two-day meeting ended on March 20. The Fed’s stance on future rate hikes was more dovish than the markets expected. Looking at the projections, the Fed sees the
Celanese Increases Acetyl Intermediate PricesAcetyl intermediate prices In a press release on March 20, Celanese (CE) announced a price increase on several acetyl intermediate products. The price increase will be effective immediately or as
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)A “crackpot” ideaJeffrey Gundlach is very concerned about the increasing debt in the US economy. During the “Highway to Hell” webcast, he also completely
Stocks declined into the Federal Reserve announcement, which is a much better setup than a rally into the announcement. The Fed is keeping rates steady and looks like it may not hike for the rest of the year. That's got shares slightly higher on the day, as bulls cheer the move. Let's look at the S&P 500 to start off the top stock trades list. Top Stock Trades for Tomorrow 1: S&P 500 Some investors like the index, others like the SPDR S&P 500 ETF (NYSEARCA:SPY). Either way though, they tell the same story. You know the old saying, "Don't fight the Fed?" Well, don't. They basically just said they are not looking to do any derailing of the stock market. That should bode well going forward and so far, investors are reacting favorably. Of course, the press conference could always change things, but as it stands, the Fed is dovish and that's reason enough not to fight it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 4 Unexpected Trade War Stocks That Will Benefit From an End to Tariffs So where does that leave the market? After a strong rally off the March 8th lows (the gap down below the 200-day), the index was showing signs of tiring coming into the meeting. But the S&P 500 made a sweet bounce off the 10-day moving average and prior fourth-quarter resistance near 2,810. So long as these levels hold as support, there's little reason to get bearish. The index has made a series of higher lows and so far the trend is higher. Don't fight the Fed and don't fight the trend. That is, until they change their tone. Top Stock Trades for Tomorrow 2: NetflixAre we finally getting the breakout we've been waiting for in Netflix (NASDAQ:NFLX)? This choppy market has resulted in painfully long wait times for these types of swing trades, but if we don't get stopped out, they're showing signs of life. With Netflix, it seems like every trader on Twitter has had their eye on this one. The 20-day moving average is acting like a springboard for NFLX as it propels over downtrend resistance. This downtrend has batted NFLX down several times over the past month, frustrating a number of investors. But with Wednesday's 4%+ move, investors are hoping the gains will stick. Look for some follow through on Thursday. Traders may want to see that this breakout level holds, buying a slightly lower open on Thursday that quickly goes green and pushes higher. $380 is my first target and $390 doesn't seem unrealistic if the overall markets hold up. Top Stock Trades for Tomorrow 3: FedExEven after FedEx (NYSE:FDX) missed on earnings and revenue estimates and cut its full-year outlook, the stock isn't get too hammered on the day. Let's keep it simple. It's imperative that bulls keep FDX stock over $170. Should it hold, it will solidify the stock as rangebound between $170 and $185, giving bulls hope that some upside could still exist. More important than upside though, is protecting the downside. Should $170 hold, it means FDX won't take out the March lows, which means it won't revisit $150. So the bottom line? FDX needs to stay north of $170, otherwise it's in trouble. Top Stock Trades for Tomorrow 4: Nio Like FedEx, keep it simple with Nio (NASDAQ:NIO). The electric car group -- Tesla (NASDAQ:TSLA) included -- has been struggling lately. In this case, NIO has been trading between ~$5.90 support and ~$8.10 resistance. Struggling with the former, bulls could be in trouble should this area turn to resistance. If it does, the $5.35 lows are on the table and below that, Nio is in no man's land. Bulls can be long with Nio over $6, but be leery if it has trouble holding this level. Top Stock Trades for Tomorrow 5: RokuRoku (NASDAQ:ROKU) has been tough. I love the name as an investment, but as a trade, it looked it was setting up as a nice short this morning. The afternoon bounce has me rethinking it though. $64 is a significant level, dating back to the third and fourth quarter. With the 20-day moving average holding up as support, as well as this $64 level and uptrend support, ROKU stock still looks okay on the long side. * 5 Cloud Stocks to Help Your Portfolio Fly However, should it lose these levels, it could see $60 in a hurry. That was my short thesis this morning, as ROKU was below these marks. That may look like a small move on the charts, but that would represent a fall of almost 9% from current levels. Over $67.50 though and Roku may fill its gap back up near $71. If it does, new highs are possible. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 5 Top Stock Trades for Thursday: S&P 500, NFLX, FDX, ROKU appeared first on InvestorPlace.
Ford’s Investments in Making America Great and Trump Happy Again(Continued from Prior Part)Ford’s new investment plans In the previous part of this series, we looked at Ford’s (F) two announcements about increasing vehicle production and
Ford’s Investments in Making America Great and Trump Happy AgainFord Motor Company Earlier today, the second-largest US automaker by 2018 sales volume, Ford Motor Company (F), revealed its plan to invest $850 million in its Flat Rock assembly plant
More Action: US-China Trade Talks Resume Next WeekUS-China trade talks The US and China have held four rounds of trade talks since President Trump and President Xi Jinping agreed to a 90-day truce last year. President Trump extended the truce
These Fixed Income Options Could Enhance Your Portfolio in 2019VanEckInvestors that include emerging markets corporate bonds within their fixed income portfolio may gain exposure to favorable long-term growth trends in emerging markets. They may
This Indicator Suggests All Is Not Well for OilYield spread On March 19, the US 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity yield spread fell to just ~14 basis points, the lowest level since August 9, 2007. In the
Can US Companies Keep Both Trump and Investors Happy?(Continued from Prior Part)Electric vehicles To complicate things further, automakers need to conserve cash and spend it judiciously on new technologies such as autonomous vehicles. Automakers have