258.70 -0.11 (-0.04%)
After hours: 6:30PM EST
|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||257.99 - 259.48|
|52 Week Range||216.97 - 269.28|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.97|
|Expense Ratio (net)||0.17%|
Dangers are lurking in index funds, an area of the stock market is known for its history of outperformance against actively managed funds and ironically, it is stock picking that may be at the heart of concern in so-called passively managed index funds.
How George Soros Played the Market in Q4Soros fund management holdingsOn February 14, George Soros reported his fourth-quarter portfolio holdings. His fund’s portfolio value declined 28% to $3.3 billion at the end of the fourth quarter. George
Where Druckenmiller Suggests Investing amid Market Fluctuation(Continued from Prior Part)Druckenmiller’s top buysIn this article, we’ll discuss Stanley Druckenmiller’s top buys in the fourth quarter. Druckenmiller seemed to be positive on
In the Feb. 11 issue of the Chart Advisor newsletter, I mentioned Dow Theory and the principle of confirmation. Another aspect of Dow Theory is a three-phase model of bull trends. Over time, this model has been expanded and studied, but the core concept is helpful for creating rational expectations about when a trend may end.
Where Druckenmiller Suggests Investing amid Market FluctuationDruckenmiller’s bet against TeslaBillionaire investor Stanley Druckenmiller bought put options against Tesla (TSLA) during last year’s fourth quarter, giving him an option but not an
Growth appears alive and well, blossoming from its drubbing last year, and positive earnings surprises constitute a further wind at our backs.
President Donald Trump on Friday moved to bypass Congress to fund additional sections of border wall by declaring a national emergency. The move came after Trump said he’ll sign legislation Congress passed to keep the government open, legislation that had been intended as a compromise on the border issue to avoid another shutdown. "Walls work a hundred percent," Trump said in a morning speech on the White House lawn, where he was joined by several family members of people who were murdered, allegedly by people illegally in the country.
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)Years of losses for AckmanPershing Square had a series of disappointing years, with losses of 20.5%, 13.5%, 4%, and 0.7%, respectively, in 2015, 2016, 2017,
Despite growing concerns that an economic slowdown is triggering an earnings recession, bullish sentiment still reigns in the U.S. stock market. The S&P 500 Index (SPX) was up by 17.3% from its low in December and by nearly 10% year-to-date as of yesterday's close. Among the prominent investment professionals who believe such gains are realistic include John Lynch, chief investment strategist at LPL Financial, a wealth management firm with client accounts worth $628 billion, Julian Emanuel, chief equity and derivatives strategist at investment banking firm BTIG, and Paul Meeks, a veteran technology analyst and fund manager.
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?Pershing Square’s performance 2018 turned out to be a dismal year for hedge funds. The poor performance of hedge funds also led to large investor redemptions. Due to years of
The department subsumed a number of existing bureaus, including the Lighthouse Board, the Lighthouse Establishment, the Steamboat Inspection Service, the Bureau of Immigration and affiliated services and commissioners, the Bureau of Navigation, the United States Shipping Commissioners, the National Bureau of Standards, the Coast and Geodetic Survey, the Bureau of Statistics, the Census Office, the Fish Commission and the Bureau of Foreign Commerce. Ten years later, the Department of Labor was distinguished from the Department of Commerce, and in 1915, the Bureau of Corporations became the Federal Trade Commission.
BAML Survey: Fund Managers Aren't Optimistic about Recent Rally(Continued from Prior Part)Trade war still investors’ top concernIn Bank of America Merrill Lynch’s February 2019 survey, trade war concerns remained the top tail risk cited by
BAML Survey: Fund Managers Aren't Optimistic about Recent Rally(Continued from Prior Part)Bearish despite rally As we saw in the previous part of this series, fund managers are rotating out of equities into bonds and cash. This typically bearish
BAML Survey: Fund Managers Aren't Optimistic about Recent RallyBAML survey and fund managers BAML (Bank of America Merrill Lynch) conducted a survey that polled 218 global investors with $625 billion in total assets under management between February
Q4 Earnings: Why Cleveland-Cliffs’ Upside Could Be Far from Over(Continued from Prior Part)Significant turnaround Since the new management took over Cleveland-Cliffs (CLF) in August 2014, the company has turned around for the better. The debt
Barrick Gold Tanks on Mixed ResultsBarrick Gold’s Q4 2018 earnings Barrick Gold (GOLD) reported its Q4 2018 and 2018 results today before markets opened. It reported adjusted EPS of $0.06 for Q4, slightly beating the consensus estimate of $0.05.
Steel Companies’ Q4 Earnings: Gains and Losses(Continued from Prior Part)US steel producers Last year, steel companies including Nucor and Steel Dynamics posted record earnings. Tariffs lifted US steel prices to multiyear highs. In this part,
The Dow Jones Industrial Average (DJIA) is the granddaddy of all stock indexes. Often called the Dow, this index began in 1896 and is considered the primary indicator of the health of Wall Street and the broader financial market.
Why Paul Volcker Is Unhappy with Trump’s Tax and Trade PoliciesPaul Volcker unhappy with tax reform Speaking to the founder of Bridgewater Associates, Ray Dalio, former Federal Reserve Chairman Paul Volcker took Trump and other US lawmakers to
The labor market remained strong as 2018 ended, with job openings reaching a high of 7.3 million on the last business day of December, the Bureau of Labor Statistics reported Tuesday. The 7.3 million openings ...