Showing posts with label Chevron. Show all posts
Showing posts with label Chevron. Show all posts

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.

    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.

    Monday, March 7, 2016

    Today's Stock Market (2016.03.07)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq during trading hours (4:33pm ET)
    • Dow and S&P closed slightly higher than yesterday, but Nasdaq closed lower than yesterday
      • Throughout the day the market was very inconsistent; indexes faced an major crash slightly after the middle of the day, but it managed to recover back.
    • Oil prices are continuing to recover; it reached more than $37 per barrel today.
      • $37.81 per barrel (2:45pm ET)
    International Market
    • As overall stock markets including U.S. and China went unstable and oil prices continued plunging in 2016, gold, which is considered as a safe deposit, is rising. Gold has rose over 20% so far this year.
    • Although Brazil is facing its worst economic crisis this year, their stock market is showing great progress among other international markets. Brazil's market index, Bovespa, has rose 14.1% so far this year. Not only Brazil, but its neighbor, Argentina, also has a great market. Argentina's market index has rose 14.7% so far this year.
    • The Chinese government has set an economic growth target range of 6.5~7%. This is the first time since 1995 that Beijing has announced an economic growth target range. China's economic growth has decelerated, and its pace is slowest in 25 years.
    Individual Analysis
    • Tech stocks aren't doing well today; Netflix (NFLX) failed to continue its incline since last Friday and experienced a major crash that was more than 6%. Not only that, but both Amazon (AMZN) and Facebook (FB)'s stock also experienced a decline of 3%.
    • Tesla (TSLA)'s stocks are finally rising back from the dead with oil prices going up. The company's stock experienced an 2.38% incline today (3:12pm ET), and it has experienced an rise of 7.37% for the last 5 days.
    • As oil price continues to rise back, oil related companies are experiencing a huge incline in share prices. Chevron (CVX) has rose 2.57% (3:14pm ET) today, and it rose 8% for the past 5 days. Exxon Mobil (XOM) has rose 2.15% (3:16pm ET) today.