Wednesday, April 27, 2016

Today's Stock Market (2016.04.27)

Daily Analysis
Dow, NASDAQ, and S&P by closing time (5:16pm ET)
Dow and NASDAQ throughout trading hours (5:16pm ET)
  • Dow closed with 18041.55 points, which was 0.28% higher and 51.23 points more than yesterday's closing time.
  • Nasdaq closed with 4863.14 points, which was 0.51% lower and 25.14 points less than yesterday.
  • S&P500 closed with 2095.15 points, which was 0.16% higher and 3.45 points higher than yesterday.
  • WTI Crude Oil prices have achieved an new 2016 high, soaring above $45 per barrel.
    • $45.28 per barrel (6:16pm ET)
International/U.S. market
  • Unlike the other two indexes, NASDAQ suffered alone today as Apple (AAPL) and Twitter (TWTR) stocks plunged as they released their quarter reports today.
  • Federal Reserve has announced that they are fixing their key interest rate from 0.25~5%, mainly because U.S. and world economy wasn't doing that well.
  • Oil prices soared around 3% today, going over $45 per barrel and achieving a new 2016 high. 
  • U.S. Dollar went bearish as Federal Reserve announced that they will freeze the key interest rate. The Dollar Index reached 94.39, which was 0.12% lower than yesterday.
  • European Market continued to rise from yesterday, and it was mainly the energy industry that made the market bullish. British FTSE100 rose 0.56% higher, French CAC40 rose 0.58%, and German DAX rose 0.39%.
Company Analysis
  • Apple (AAPL) stocks plunged today as they revealed their quarter report, which showed that their revenue has dropped for the first time in 13 years. One of the major reasons of this was the failure of iPhone 6S, which sold 10 million fewer than last quarter. Apple stocks fell 6.27% today.
  • Twitter (TWTR) stocks also plunged today as they posted their quarter reports, which showed that Revenue Growth was lagging. Twitter stocks fell 16.28% today.
  • As oil price reached its new 2016 high today, oil and energy stocks soared today. Chesapeake Energy Corp (CHK) rose 8.18% today, and National Oilwell Varco Inc (NOV) rose 7.93%.

Monday, April 25, 2016

Today's Stock Market (2016.04.25)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:40pm ET)
Dow and Nasdaq throughout trading hours (4:40pm ET)
  • Dow closed with 17977.24 points today, which was 26.51 points less and 0.15% lower than last week Friday.
  • NASDAQ closed with 4895.79 points today, which was 10.44 points less and 0.21% lower than last week Friday.
  • S&P500 closed with 2087.79 points, which was 3.79 points less and 0.18% lower than last week Friday.
  • WTI Crude oil prices were $42.64 per barrel, which were 1.09 dollars (2.5%) lower than last week.
International/U.S. Market
  • Overall U.S. market declined today as oil prices plunged and business cycle indicator did not meet up to the expectations of the market.
  • Oil prices plunged today, mainly because U.S. crude oil stocks have increased.
  • European market continued to fall for four straight days as oil price plunged and bank stocks went down due to worries about their quarterly earnings. British FTSE100 dropped 0.78%, French CAC40 dropped 0.52%, and German DAX dropped 0.76%.
Company analysis
  • GoPro (GPRO) stocks plunged 8.3% as Pacific Crest expects longer-term downside given weakness in action cameras.
  • McDonald's (MCD) stocks rose 1.56% as Suntrust Robinson Humphrey analysts said the fast food sector will outperform this quarter.
  • Time Warner Cable (TWC) stocks surged 4.06% as DOJ approved charter deal.

Friday, April 22, 2016

Today's Stock Market (2016.04.22)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:21pm ET)
Dow and Nasdaq throughout trading hours (4:46pm ET)

  • Dow closed with 18003.75 points, which was 21.23 points more and 0.12% higher than yesterday's closure.
  • NASDAQ closed with 4906.23 points, which was 39.66 points less and -0.8% lower than yesterday's closure.
  • S&P500 closed with 2091.58 points, which was 0.1points more and 0% higher than yesterday's closure.
  • Oil price rose higher than $43 per barrel
    • $43.74 per barrel (4:20pm ET)
U.S./International Market
  • While Dow and S&P500 rose today due to increase in oil prices; energy index rose 1.33% today. 
  • In contrast to Dow and S&P, NASDAQ continued to drop as technology sector goes into a slump. Technology index dropped 1.47%.
  • Oil prices soared as the supply of crude oil seemed to decrease and the demand for oil started to retrieve balance with the supply. WTI crude oil prices soared 8% only in this week.
  • European Market continued to decline from yesterday, especially in automobile industry. England's FTSE100 dropped 1.11%, French CAC40 dropped 0.29%, and German DAX dropped 0.6% compared to yesterday's closure.
    • In Europe's automobile sector, which is one of the main reason of decline, Daimler AG stocks tumbled on diesel emission review, and other automobile companies like Volkswagen and PSA Peugeot also dropped in share prices.
  • International gold prices tumbled as US Dollar went bullish. Gold prices dropped 1.6% than yesterday. Silver prices also dropped 1.1%.
Company Analysis
  • Overall technology sector was doing poorly today.
    • Google (GOOG) shares dropped 5.32% today.
    • Microsoft (MSFT) shares dropped 7.17% today.
  • On the contrast, energy and oil sector showed great performance today as oil price soared 8% this week
    • Southwestern Energy (SWN) stocks rose 15% as their first quarter loss was much narrower than they expected.
    • Murphy Oil Corp (MUR) also rose 6.42% as they show great performance and solid earnings.

Wednesday, April 20, 2016

Today's Stock Market (2016.04.20)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout trading hours (4:33pm ET)

  • Dow closed with 18092.27 points, which was 0.24% higher than yesterday and highest since last year July.
  • Nasdaq closed with 4948.13 points, which was 0.16% higher than yesterday.
  • S&P500 closed with 2102.40 points, which was 0.07% higher than yesterday.
  • Oil prices reached 2016 high, going over $43 per barrel
    • $43.80 per barrel (6:26pm ET)
International/U.S. Markets
  • The oil price, which hit its highest price of 2016, caused the market rise today. Crude oil prices increased after the U.S. inventory check showed that the increase in stock of crude oil was much smaller than expected; crude oil stocks increased 2100000 barrels, which was much lower than API's expectation of 3100000 barrels.
  • International silver prices maintained its incline from yesterday, continuing to break the 11 month high since last year May. Silver prices has jumped 5% this week.
  • Gold prices finished at $1254.4, which was $0.1 higher than yesterday's price.
  • European market continued its incline for 4 days due to rising oils and bank stock shares. England's FTSE100 rose 0.08%, French CAC40 rose 0.56%, and German DAX rose 0.69%.
Corporate Analysis
  • Coca-Cola (KO) shares plunged 4.79% as they released their quarter report, which indicated that their classic soft drink line was doing bad compared to other product lines.
  • As oil price rose, oil stocks also experienced huge incline.
    • Chesapeake Energy Corp (CHK) rose 4.9% today.
    • Chevron (CVX) rose 1.18% today and rose 4.19% for the past five days.

    Tuesday, April 19, 2016

    Today's Stock Market (2016.04.19)

    Daily Analysis
    Dow, Nasdaq, and S&P500 by closing time (5:46pm ET)
    Dow and Nasdaq throughout trading hours (4:44pm ET)

    • Dow and S&P closed higher than yesterday, and Nasdaq closed lower than yesterday.
      • Oil prices and raw material prices went higher, but the IT industry was performed very badly.
        • That was also the reason why only Nasdaq closed lower than yesterday.
    • Oil price soared up to $41 per barrel
      • $40.96 per barrel (5:07pm ET)
    • Market started with an incline as raw material prices and oil prices soared, but in the middle IT companies like Netflix and IBM stocks plunged, causing the overall indexes to collapse.
    International/U.S. Economy
    • Oil prices continued to soar up as production decreased because of strike in Kuwait and fire in Nigeria's oil pipe.
    • European Market was bullish as oil price soar and companies released better earnings. English FTSE100 rose 0.82%, German DAX rose 2.27%, and French CAC 40 rose 1.32%.
    • US Dollar turned bearish due to poor economic barometers, which may lead to lowering standard interest. Dollar index dropped 0.54% today.
    Individual Analysis
    • Netflix (NFLX) shares dropped 12.97% as they released their quarter reports with disappointing international subscriber growth, which added only 4.5 million subscribers abroad.
    • IBM (IBM) shares also plunged as they released their quarter report with lower net profit, which dropped from $2.3 billion to $2 billion.
    • Illumina (ILMN) shares plunged 23.16% as the company warned that it would miss on first quarter revenue and lowered revenue estimates for the full year.

    Monday, April 18, 2016

    Today's Stock Market (2016.04.18)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:48pm ET)
    • All three indexes finished higher than last week.
      • All three indexes were consistent and stable throughout trading hours
      • Dow has topped over 18000 points since last year July
    • Oil has dropped below $40 but it has recovered back nearly $40
      • $39.99 per barrel (6:15pm ET)
    International/U.S. Economy
    • The meeting between top oil producing countries that was held at Doha has failed to reach an agreement to freeze oil output. Due to this, oil has plunged to $36 per barrel, but it recovered as the oil production of Kuwait dropped more than 60% due to the strike of oil companies.
    • Despite the failure of reaching agreements in Doha, the market was bullish as companies release quarter reports with great earnings.
    • As oil price recovers from the plunge during the weekend, European Market has also recovered. England's FTSE 100 rose 0.15%, France's Euronext 100 rose 0.18%, and Germany's DAX rose 0.68%.
    Individual Analysis
    • Hasbro (HAS) stocks rose 5.79% as they released their strong first-quarter earnings result. Sales ros16% (or 20% after adjusting for exchange-rate swings) and net income bounced 82% higher as bottom line profitably expanded to 5.7% of sales from 3.7% a year ago.
    • Disney (DIS) stocks rose 2.93% and rose 5.41% for five days. This is due to their new movie "Jungle Book", which is on its way to $100 million launch rally.
    • Netflix (NFLX) has also released their first quarter report today, which showed solid results but disappointing international growth, causing their shares to drop 2.79% today.

    Thursday, April 14, 2016

    Today's Stock Market (2016.04.14)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:38pm ET)

    • Dow and S&P closed higher than yesterday, and Nasdaq closed lower than yesterday.
      • All three indexes were unstable throughout trading hours, and it gradually increased until middle of the day and then started declining until closing hours.
      • Although Nasdaq closed lower than yesterday, it wasn't a major crash.
    • Oil continued to stay around $41 per barrel
      • $41.36 per barrel (6:12pm ET)
    International/U.S. Economy
    • Permex, Mexico's state owned giant oil company is suffering from cheap oil prices. The situation is so bad that the Mexican government had to spend $4.4 billion to aid the company.
    • While oil prices were a consistent issue throughout 2016, investors are concentrating on the meeting between World's major oil producers at Doha. Producers would have to choose if they will freeze oil production or not, and depending on the decision, the oil price would continue to rise or dramatically decline.
    • The number of application for H-1B visa, or visa for highly-skilled foreigners, have reached a new record of 236,000. This is 3000 more than 2015, and significantly more than 172,500 of 2014. 
    Individual Analysis
    • Seagate Technology PLC (STX), a company that manufactures hard discs for computers, plunged 20.10% today as they released their preliminary third-quarter results which lowered expectations for both revenue and gross margin.
    • Chipotle (CMG) stocks rose 2.55% today. Different factors were involved, including the company's different efforts to bring back customers and their stocks being upgraded by JPMorgan.
    • As oil stocks continue to recover, stocks related with oil production are inclining. Exxon Mobil (XOM) rose 0.71% today and rose 3.71% for the last five days.