|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||74.03 - 74.71|
|52 Week Range||62.02 - 75.31|
|PE Ratio (TTM)||334.13|
|Expense Ratio (net)||0.14%|
Amazon, Caterpillar and American Outdoor Brands are today's charts
Electric vehicles are shaking more than just the auto industry. Melius Research's Rob Wertheimer and his team take a look at mining machinery today, after headlines about how EVs could drive demand. Earlier this week, Glencore said that Electric Vehicles may drive a 3-fold increase in cobalt, a 56% increase in nickel, and an 18% increase in copper demand by 2030.
Now that Republicans from the Senate and House of Representatives have reached an agreement on tax reform, Melius Research's Scott Davis and his team take a look at how the new bill will affect industrials. Davis writes that on average his earnings per share revisions have gone up 11% for the group on the prospect of tax reform.
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.
Barclay's Adam Seiden and Aleksy Grewal initiated coverage on the machinery and construction industry Wednesday with a positive view, writing that even with the market hitting new highs, their universe of stocks can grow in the next two to three years. Inventories in the industry are more in-line, the value of used equipment is stable to rising, and global infrastructure demand should be a boon for heavy equipment. As such, they started Caterpillar (CAT), CNH Industrial (CNHI), Deere (DE), Herc (HRI) and Manitowoc (MTW) at Overweight.
ADP's jobs report for November was published on December 6. It provided deeper insight into improvements in US employment.
A few days before the US Senate approved its own version of the Tax Cuts and Jobs Act, 137 economists signed an open letter supporting the proposed bill.
The inability of employers to find suitable workers is leading to wage increases, especially in the professional, technical (XLK), and production (XLI) sectors.
Last week’s release of economic data and corporate earning results provided yet more ballast for U.S. equity markets and our historic rally. This was clearly evidenced by the sharp pull back in the Dow Industrials (^DJI) and simultaneous surge in the volatility “fear” index (^VIX) that emerged due to an erroneous report filed by ABC News investigative reporter Brian Ross that seemed to indicate, at least initially, that Trump directed former National Security Advisor Michael Flynn to contact Russian officials during the 2016 Presidential campaign.
According to the November Fed Beige Book, economic activity in the United States continued to improve at a modest pace in October and through mid-November.
Comparing the economic performance with economic expectations and the previous cycles gives investors an idea of whether the economy is expanding or contracting.
The Dow Jones Industrial Average soars on Monday, and the S&P 500 posts a sharp increase as the Senate passes its version of U.S. tax reform.
The largest exchange-traded fund to track the industrial sector rallied on Monday, hitting an all-time high in what was set to be its biggest one-day percentage gain in more than a year. The Industrial ...
Picking the most shocking or outstanding stock market trends of 2017 is a deceptively difficult task. With both the Dow Jones Industrial Average and the S&P 500 rattling off record-setting points, investor sentiment is obviously strong. Inarguably, the most astonishing incident of 2017 was watching the Presidential inauguration of Donald J. Trump.
According to the November Conference board LEI, the core capital goods orders for October totaled ~$38.4 billion, compared to a revised September reading of ~$38.7 billion.
According to the latest data, the average working hours for production workers increased by 0.1 hours to 42.0 hours in October.
The October 2017 reading for the Conference Board LEI was released on November 20. The LEI rose 2.9% in the six-month period ended in October 2017.
At the November meeting, the FOMC staff review indicated that US labor market conditions continued to strengthen and that the US economy continued to expand at a solid pace.
The October Industrial Production report was released by the Fed on November 16 and showed a continued rebound in key sectors of the US economy.