|Bid||286.49 x 1300|
|Ask||286.50 x 2900|
|Day's Range||285.55 - 286.93|
|52 Week Range||233.76 - 294.95|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.09%|
Trump in Damage Control Mode, US Eases Ban on HuaweiUS eases ban on HuaweiThe US seems to have eased the trade restrictions on Huawei. On May 20, the Department of Commerce issued a three-month license to Huawei. The license allows the company to
Oil Prices: Analyzing the Key DriversUS crude oilOn May 20, US crude oil prices rose 0.5% and settled at $63.21 per barrel. The level is ~4.7% below the highest closing level for active US crude oil futures since October 31, 2018.Key drivers for
Morgan Stanley: This Move by Trump Could Trigger a RecessionThe broader market sell-off continuesOn May 20, the US stock market continued to fall after ending the previous couple of weeks in negative territory. In the weeks that ended on May 17 and
Economic Data and the Trade War Could Now Take Center Stage(Continued from Prior Part)US-China trade warThe US-China trade war has intensified this month after President Donald Trump increased the tariffs on $200 billion worth of Chinese goods from
Economic Data and the Trade War Could Now Take Center StageFirst-quarter earningsThe first-quarter earnings season is nearly over, and overall, it’s been a decent one.According to a FactSet report, “To date, more than 90% of the companies in
Trade War: China Doubles Down on Anti-US SentimentsTrade warThe US-China trade war has escalated as both sides have increased the tariffs on each other’s goods. The restrictions imposed on Huawei have further complicated the trade relations
Here's Jeffrey Gundlach's Take on What to Expect from Markets(Continued from Prior Part)Gundlach on TrumpJeffrey Gundlach has been quite critical about Donald Trump’s policies and statements. Gundlach called Trump “crazy like a fox” for
Profit taking has been prevalent, but U.S. economic strength and the market's tendency to bounce inspire continued bullishness.
Here's Jeffrey Gundlach's Take on What to Expect from Markets(Continued from Prior Part)Gundlach on trade war and stocksBefore the United States bumped up the tariffs on $200 billion worth of Chinese imports from 10% to 25% on May 10, Jeffrey
The largest U.S. companies are repurchasing their shares at a brisk pace, and 1Q 2019 may prove to be the second-biggest quarter ever for buybacks.
When an investment vehicle offers a high rate of return in a short period of time, investors know this means the investment is risky. Given enough time, many investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses. Make no mistake, there is no guaranteed way to double your money with any investment.
As the presidential race continues to heat up, Democratic contender and former Vice President Joe Biden has come out in support of decriminalizing cannabis — but not of full legalization. “Nobody should be in jail for smoking marijuana,” he said. A myriad of cannabis-related bills were submitted in the House of Representatives, most of them aimed at protecting certain groups using medical marijuana, from military veterans to students.
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
U.S. markets and stock exchange traded funds pared some of its losses earlier in the session but struggled to maintain a solid footing after the Trump administration decided to hold off on broad car tariffs from major trading partners in the European Union and Japan. On Friday, the Invesco QQQ Trust (QQQ) dipped 0.3%, SPDR Dow Jones Industrial Average ETF (DIA) was up 0.1% and SPDR S&P 500 ETF (SPY) was down 0.1%. The White House said it would push off a decision to impose broad tariffs on cars for 180 days, citing national security concerns, the Wall Street Journal reports.
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.