Showing posts with label European Market. Show all posts
Showing posts with label European Market. Show all posts

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.

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.