Showing posts with label CMG. Show all posts
Showing posts with label CMG. Show all posts

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.

Thursday, March 17, 2016

Today's Stock Market (2016.03.17)

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

  • All three indexes finished higher than yesterday.
    • All three indexes were steadily inclining throughout the day, and they continued its rise from yesterday.
  • Oil price jumped up to $40 per barrel today
    • $40.34 per barrel (5:05pm ET)
International/U.S. Economy
  • As oil price rebounds to $40 per barrel and U.S. economy continues to improve, the Dow has finally turned positive today. Dow has recovered around 2000 points since the start of the year.
  • The Irish economy is booming. Their economy has grown 7% since last year, and despite the financial crisis and the great recession that they had to face, their economy is growing rapidly.
  • It turns out that labor price at China isn't that cheap compared to the U.S. According to Oxford Economics, the average labor costs of China is only 4% cheaper than U.S. labor costs.
Individual Analysis
  • Fedex (FDX) stocks surged 11.83% as they released their third quarter earnings report with good performances. The company's revenue increased 9% to 12.7 billion, and they showed earning of $2.51 per share, which was far better the expectation of $2.34 per share.
  • Energy stocks are continuing to rise as oil rebounds to $40 per barrel. Chesapeake energy (CHK) rose 9.11% today, and Exxon Mobil (XOM) rose 1.48%.
  • Chipotle (CMG) stocks were downgraded from "hold" to "underperform" by Jefferies as it's performance continued to decline due to the outbreak of E.Coli. Chipotle stocks declined 5.75% today during trading hours.

Wednesday, March 9, 2016

Today's Stock Market (2016.03.09)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout the day (5:16pm ET)

  • All three indexes closed higher than yesterday.
    • However, it was very unstable and inconsistent throughout the trading hours; the indexes went through multiple crashes and sudden uprisings.
  • Oil price continued to remain over $38 per barrel and didn't drop.
    • $38.21 per barrel (6:02pm ET)
International Market
  • Oil prices have rebounded around 42% for the past three weeks; it has recovered to over $37 per barrel since it hit $26 a barrel on February 11th. As an effect of this rebound, the stock markets also showed an incredible recovery.
    • However, the future is still unclear; many influential investment banks like Goldman Sachs are saying that the oil prices should maintain the low prices in order to finish the re-balancing process.
  • America's stock market has been bullish for 7 years straight. However, the future of market does not seem that great. The growth of market has greatly slowed down since 2016, and the plunge in the beginning of the year shows it.
Individual Analysis
  • As oil price continues to rebound back, energy stocks are experiencing great incline in their share prices. Chevron (CVX) has experienced an 4.6% increase in share prices today, and Devon Energy Corp (DVN) has increased 6.8% today.
  • Chipotle (CMG) stocks plunged 3.44% today as they had to shut down a store in Massachusetts because 4 employees got sick. 
  • As oil prices rebound, alternative energy industry is also inclining. Tesla Motors (TSLA) has experienced an 3.02% increase today and increased over 10% in total for the past five days.

Thursday, March 3, 2016

Today's Stock Market (2016.03.03)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout the day (5:16pm ET)

  • Continuing from yesterday, all three indexes remain unstable throughout the day.
    • However, after a small crash in the middle of the day, the indexes steadily recovered and managed to finish higher than yesterday.
  • Oil prices continue to remain over $34 per barrel
    • $34.70 per barrel (6:44pm ET)
International Market
  • Brazil is suffering major economic crash; their data indicated that their economy shrank 3.8% in 2015. This is the biggest annual drop since 1990 and the country is in its longest recession since the 1930s.
  • Although Goldman Sachs and IMF warned Britain about leaving the E.U., more than 200 small businesses called on their government to leave E.U.
  • Zimbabwe has shut down all of their Diamond mines. They are trying to regain control of their diamond mines. However, companies are protesting against this decision and they are going to court to stop or at least negotiate about this problem.
Individual Analysis
  • Chipotle (CMG)'s stock has finally stopped falling since the outbreak of E.Coli bacteria within their food. However, their stock prices are still lower than their all time high since last summer.
  • Amazon (AMZN)'s price is recovering back from their major crash. Their stocks surged 4.8% at Tuesday, and it continued to secure their price.
  • IBM (IBM)'s stock also continued to surge since Tuesday. Their stocks closed 1.1% higher than yesterday.