Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Tuesday, April 12, 2016

Today's Stock Market (2016.4.12)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:03pm ET)
Dow and Nasdaq throughout trading hours (4:03pm ET)

  • All three indexes finished higher than yesterday
    • There was a short decline and a sudden incline, but after that the indexes were stable throughout the day
  • Oil prices recovered back to $42 per barrel, setting a new 2016 high
    • $42.16 per barrel (3:17pm ET)

International/U.S. Economy

  • Oil prices have recorded a new high for 2016 today as rumors say that Russia and Saudi Arabia has reached an deal to freeze oil output.
  • Researches done by Rhodium group and the National Committee on U.S.-China relations show that direct investment by China in the U.S. has reached $30 billion in 2016.
    • That's double last year's record, which was $15 billion
  • E.U. has proposed a new rule that would force large, multinational companies that are present in E.U. to report how much money they make and how much tax they pay, including in each European company and their tax havens. Companies would have to provide a summary about how much tax do they pay in other parts of the world.
Individual Analysis
  • Tesla Motors (TSLA) stocks continued to drop as they recall their new Model X for defective third row seats. Tesla Stocks experienced a 3.1% drop at Thursday, 04.07, and they experienced a 0.85% drop today.
  • Netflix (NFLX) stocks rose 4.19% today as Cantor Fitzgerald analysts said the online video streaming provider is set to deliver solid subscriber growth for the 2016 first quarter, despite a maturing U.S. market.
  • Marathon Oil Corp (MRO) experienced a 12.43% rise today as the company reached agreements to sell non-core assets for $950 million, bringing its total sales from divestitures to roughly $1.3 billion since last year.

Thursday, March 24, 2016

Today's Stock Market (2016.03.24)

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

  • Dow and Nasdaq managed to close higher than yesterday, but S&P couldn't fully recover
    • In the beginning of the market, all three indexes experienced a huge crash
    • influenced by the drop in oil prices
  • Oil price drops below $40 per barrel
    • $39.59 per barrel (12:00am ET)
International/U.S. Economy
  • China's foreign takeover has set off an alarm in the United States. State owned ChemChina has announced a $43 billion deal to buy Switzerland's Syngenta, which is a giant seed and pesticide company. However, U.S. senate and farmers are alarmed by this because they run researches and production facilities.
  • The oil seems to be doing well; last week it had finally went over $40 per barrel. However, according to the latest EIA report, the oil remains to be oversupplied, and the future does not seem bright for the oil price.
  • The federal reserve might raise rates starting from this April; St. Louis Fed President James Bullard has told that they might have a raise in April.
Individual Analysis
  • Tesla (TSLA) stocks are on attention as the reveal of Model 3, their new lineup of cars, is just a week away. The company has been doing greatly since it has hit its low in February as oil prices started to rebound recently. Tesla shares experienced a 2.37% incline today.
  • Office Depot (ODP) stocks rose 9% as U.S. District judge criticized Trade Commission's attempt to stop a merger between Office Depot and Staples (SPLS).
    • Staples Stocks have also increased 14% today.
  • Energy companies like Williams Companies (WMB) have dropped as oil prices continued to drop today. Williams Companies have experienced a 5.6% drop today.

Tuesday, March 22, 2016

Today's Stock Market (2016.03.22)

Daily analysis
Dow, Nasdaq, and S&P by closing time (4:47pm ET)
Dow and Nasdaq throughout trading hours (4:47pm ET)

  • All three indexes were very unstable throughout the day
    • Dow and S&P closed lower than yesterday, and Nasdaq closed slightly higher than yesterday.
    • The market was affected by oil prices, which was lower than yesterday.
  • Oil price continued to rebound over $40 per barrel
    • $41.35 per barrel (4:35pm ET)
International/U.S. Economy
  • In just 5 weeks, the stock market has experienced an unbelievable rebound. S&P 500 has rose 13% since its low at February 11. There were multiple reasons for this, including the rebound of oil prices and U.S. recession fears fading away, and Federal reserve tapping breaks on plans for raising interests.
  • Although the Chinese economy is slowing down, they are still a huge market. It turns out that Chinese tourism spent $215 billion abroad last year.
  • According to a research done by a business lobby group, Britain's exit from E.U. (Brexit) could cost 100 Billion pounds ($144 billion) and 950,000 jobs by 2020.
Individual Analysis
  • Valeant Pharmaceuticals (VRX) has surged 10% as the company decides to abandon their previous CEO and appoint billionaire activist  Bill Ackman to the board.
  • Office Depot (ODP) stocks rose 9.72% today as rumors about Amazon (AMZN) is interested in buying their business.
  • Staples (SPLS) was marked as a Barbarian at the gate (Strong stocks crossing above resistance with today's range greater than 200%) due to various reasons including their average dollar volume, and their stocks have traded above its daily resistance level. Staples stocks surged 7.63% today.

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.

Tuesday, March 15, 2016

Today's Stock Market (2016.03.15)

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

  • Dow closed higher than yesterday, Nasdaq closed lower and S&P remained the same as yesterday.
    • All three indexes faced an huge crash today morning, and while Dow and S&P managed to recover from this crash, Nasdaq couldn't fully recover.
  • Oil prices continued to drop; it dropped below $37 per barrel today.
    • $36.88 per barrel (6:41pm ET)
U.S. and International Economy
  • If Britain decides to exit the E.U. (Brexit), then it would cost more for British travelers to travel among European air than it is right now.
  • Although China is facing its slowest growth in 25 years, the government is holding back from intervening to the market to improve its growth. As long as there aren't any major domestic/international economic crisis, the Chinese government would not interfere with their market.
  • The number of active oil and natural gas rigs inside the U.S. has plunged to the lowest level since 1949. This is a response to the plunging oil prices that has been going on since last year.
Individual Analysis
  • Valeant Pharmaceuticals (VRX) plunged more than 50% (51.46%) today as the company could possibly go into a default.
  • Apple (AAPL) stocks jumped 2% as tracking information reveals that they may have sold 57 million units in the March quarter, which is far beyond the expected 50 million units.
  • Hewlett Packard (HPE) stocks surged 2% as Wells Fargo notes that they could benefit from divestitures.

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.

Wednesday, March 2, 2016

Today's Stock Market (2016.03.02)

Overall Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout trading hours (5:16pm ET)
  • Dow and Nasdaq closed with higher points than yesterday, and S&P closed the same as yesterday
    • Unlike yesterday, all three indexes were very unstable throughout the trading hours
    • Dow and Nasdaq managed to finish higher than yesterday
  • Oil price continued to rise over $34 per barrel
    • $34.74 per barrel (11:43pm ET)
International market
  • Saudi Arabia is trying to take over the oil market of China, which was Iran's biggest oil market.
  • Asian stocks surged today; Japan's Nikkei (N225) rose 4% today, and China's Shanghai Composite (SHCOMP) jumped 4.3%, continuing the global up rise following the U.S.' standout day yesterday.
  • China's credit ranking is close to dropping down a rank; agency Moody's cut the outlook on China's credit ranking because of its rising debt levels
Individual Analysis
  • Tesla (TSLA) has plunged 3% since yesterday despite it was a great day for all markets; this is because it has become a target among wall street's most prominent short sellers.
  • Due to the continuation of low oil prices, Exxon Mobil (XON), the biggest oil company in America, has slashed its capital budget by $20 billion since its peak in 2013.

Tuesday, March 1, 2016

Today's Stock Market (2016.03.01)

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 increased drastically compared to yesterday
    • Throughout the trading hours, all three indexes increased consistently without any sudden crashes
      • Dow popped 349 points today, making its second best day of the year
      • Nasdaq had its best day of 2016 with a 2.9% gain
    • This is because it was Super Tuesday (13 states voted for their favorite presidential nominee) today
  • Oil price rises up to $34 per barrel
    • $34.05 per barrel (11:03pm ET)
International economy
  • China's economy is continuing to show signs of decline, but investors aren't really caring as the U.S. market started to recover today
  • Oil has finally stopped crashing; the oil price had a incredible spike of 32% as it climbed backed to $34 per barrel.
    • OPEC and other producers like Russia has agreed to a tentative deal on 2/17 to freeze output.
Individual Analysis
  • Lego, the famous block toy maker, has posted a 25% jump in revenue and 31% rise in net profits in 2015 due to the new Star Wars series and other products.
  • Rolce Royce has unveiled their new lineup of Ghost and Wraith. Both cars have a new design which are targeted towards the younger rich people.

Thursday, February 18, 2016

Today's stock market (2016.02.18)

Daily analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq graph during trading hours (5:16pm ET)

  • All three indexes saw slight drop through the day
  • All three indexes have similar rise and fall, but compared to Dow, Nasdaq and S&P was more inconsistent and changing.
  • Oil price stays over $30 per barrel, but there is no sign of oil price recovering
    • $30.52 per barrel (6:34pm ET)
International Economy
  • Congress is raising objection to the Chinese company's plan to buy Chicago stock exchange. 45 members signed to a letter that was sent to the U.S. treasury department, and the letter stated that lawmakers called for a "full and rigorous investigation" into the proposed sale, and the intention of Chinese government is unclear.
  • Five employees of ICBC (IDCBY), the biggest bank in China, were arrested in Spain on suspicion of laundering money across Europe.
  • As oil prices stay depressed, production in Canada is beginning to drop: 'The oil sands are making no money on any barrels being produced.' That means layoffs, equipment auctions and cities like Calgary rethinking its energy strategy.
Individual Analysis
  • NVIDIA (NVDA), a company that manufactures Graphic chips for individual computers, has soared 9% after releasing their quarter report. The report posted revenue growth of 12%, and adjusted earnings-per-share gains of 21%, both of which were better than investors had expected. 
  • IBM (IBM) stocks has rose 5% during the day, making IBM Dow's biggest percentage point gainer. IBM shares have received an upgrade from Morgan Stanley's analyst, and also made a deal to buy Truven Health Analytics. 

Wednesday, February 17, 2016

Today's Stock Market (2016.02.17)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:03pm ET)
Dow and Nasdaq during trading hours (4:03pm ET)

  • All three indexes end higher than yesterday, and they continued to recover points since yesterday.
    • All three indexes were rising consistently throughout the day, and there wasn't any sudden rise or fall in the indexes
    • Considering that the oil price showed unpromising future, this is very surprising
  • Oil price rose and recovered back to $30 per barrel
    • $30.56 per barrel (3:41pm ET)
International Market
  • Warren Buffett, the famous investor, invested a great amount of money in oil stocks. Buffett bought a huge amount of Kinder Morgan(KMI), an oil pipeline company.
  • Gulf investors are now betting on India's market. India had a growth of 7.3%, and its demand for energy is rising in high speed.
  • China has sold $18 billion of U.S. treasury debt in December, and following China, Japan has sold $22 billion, which was even more than China.
  • Iran officially stated that they support the deal between Saudi Arabia and Russia to freeze oil production. Oil price rallied after this statement was made.
Individual Analysis
  • Kinder Morgan(KMI)'s share rose over 10% after Warren Buffett revealed that he has purchased a huge amount of their share.
  • As Freeport-McMoRan Inc (FCX), a copper&gold mining company, decides to sell 13% of their shares to Morenci Mine for $1 Billion, their stocks rised more than 12%. 
  • Tesla Motors (TSLA) made a deal with SolarCity (SCTY) to get batteries from them to enable solar energy at night. This caused Tesla's shares rise 8.71%, and SolarCity's share rise 13.17%.

Tuesday, February 16, 2016

Today's Stock Market (2016.02.16)

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

Dow and Nasdaq during market hours

  • All 3 indexes rose and recovered from last week
    • All three indexes dropped for a moment at early hours but it eventually rose consistently
  • Oil prices also rose today compared to last week when it hit its lowest since 2003
    • $29.21 per barrel (6:34pm ET)
International markets
  • China has invested a lot of money in Latin America; last year they offered $65 Billion to Latin America. However, many of the investments that they made are tanking, and it is going bust right now.
  • Oil prices have soared 5% today, but it looks like its going to give up as the discussion between OPEC and other oil rich countries go invalid.
  • The Stock market seems to be unpredictable as time goes by. Even though OPEC's announcement dropped oil price again, the indexes ended higher and stocks surged again.
Individual Analysis
  • Groupon(GRPN), a social commerce company, rose 41% as Alibaba (BABA), a Chinese online commerce company decides to buy 33 million shares of their stock.
  • Home security company, ADT(ADT), is bought for around $7 billion, which caused their shares rise nearly 50% today.

Friday, February 12, 2016

Today's market (2016.2.12)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:14pm ET)

  • Overall indexes rose today
    • All three indexes were consistently inclining during trading hours today
    • probably because of the rise in oil price today
  • Crude oil prices spiked up to 12% today, reaching $29.44 per barrel
    • yesterday the oil price hit $26.05 per barrel, which is the lowest price since May 2003


International Economy
  • Not only U.S., but international stock market has sunk into bear market. The dropping oil price, threats of global recession and fall of big banks has caused this situation. Individual stock markets that have fallen during this week includes Brazil, Canada, China, France, Germany, and Japan.
  • Japanese Stocks have fallen over 5% as foreign investors dumped risker assets. Not only Japan, but South Korean market has also declined, and this overall fall of Asian market follows the fall of U.S. and European Markets.
  • China is on a massive gold buying spree. This is because Chinese investors have witnessed the recent fall of Chinese stock market, and they want something thats more stable than stocks.
Individual Analysis
  • As oil price are staying cheap, Tesla Motors(TSLA) are having their worst year. Elon Musk, CEO of Tesla, has personally lost $3 billion on paper due to the drop of stock price.
  • Amazon has deployed new shipping robots in their next-generation warehouse. They are expecting that these new robots will prevent fiasco like last year's christmas when many orders didn't make it on time.