Showing posts with label Google. Show all posts
Showing posts with label Google. Show all posts

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.

Friday, March 18, 2016

Today's Stock Market (2016.03.18)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:01pm ET)
Dow and Nasdaq throughout trading hours (4:01pm ET)

  • All three indexes finished higher than yesterday
    • Indexes were slightly unstable throughout the day, but it didn't experience any sudden crashes or inclines.
  • Oil price slightly dropped under $40 per barrel
    • $39.33 per barrel (3:34pm ET)

International/U.S. Economy

  • According to the London School of Economics, if Britain decides to leave the E.U. (Brexit), then it would cut the average household income by $1232 per year.
    • This would happen because when Britain exits E.U., then income from trading would decrease.
  • While other Latin American countries are suffering from depression, Peru is having a great time. The country's economy grew 3.3%, which is the highest among Latin American Countries.
  • While the NCAA Brackets are going on, it turns out that the amount of money that Americans would spend for this would be massive. According to the American Gaming Association, Americans would use around $9.2 billion for the NCAA brackets this year.
Individual Analysis
  • Valeant Pharmaceuticals (VRX) continued crashing since last Tuesday when the company showed signs of default. At Tuesday the company's stock crashed more than 50%, and it crashed 9.2% today despite the CEO's Bankruptcy assurances.
  • Tesla Motors (TSLA) continued rising throughout the week as oil prices continued to rebound. It rose 2.81% today.
  • Amazon (AMZN) stocks continued to decline since Wednesday. Today it declined 1.31%. One of its reasons is because Apple (AAPL) decided to use Alphabet/Google (GOOGL)'s cloud platform instead of Amazon's web server.

Friday, February 5, 2016

Today's stock market (2016.02.05)

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

  • All three indexes dropped compared to yesterday
    • Nasdaq, which recovered for a short time yesterday, dropped again
    • All three indexes dropped consistently during trading time
  • Oil price remains around $30
    • $31.00 per barrel (5:00pm ET)
International Economy
  • The Chongqing Casin Enterprise Group, a Chinese led group of investors, made a deal to buy the Chicago Stock Exchange, which has a history of 134 years and is one of America's oldest stock exchange.
  • The outbreak of Zika Virus in Brazil, which is a mosquito borne virus that causes microcephaly(a neurological disorder that can result in incomplete brain development of a newborn baby), is dragging down the profits of airlines and tour industry.
  • European bank shares are plunging more than oil stocks; Deutsche Bank (DB) has lost 31% so far this year, Unicredit (UNCFF)is down 35%, and Credit Suisse (CS)is 30% down. Barclays (BCLYF),BNP Paribas (BNPQF), Societe General (SCGLF), and UBS (UBS)have all lost about 20% since the beginning of 2016.
Individual Analysis
  • The famous FANG stocks, which are Facebook(FB), Amazon(AMZN), Netflix(NFLX), and Google(GOOG) are plunging in value. Today, Amazon's share price breached below $500, and Netflix has plunged -23.10% in one month. Only Facebook managed to increase in value due to their strong earnings.
  • As the annual Superbowl approaches, stocks that are involved with foods that are consumed during game day are increasing their values. These include Buffalo Wild Wings(BWLD) and Wingstop(WING).
  • Volkswagen(VOW3), is postponing their earnings report due to the diesel emission scandal, and they are trying to figure out how much harm it would do to their share values.

Wednesday, February 3, 2016

Today's Market (2016.02.03)

Overall Analysis
Dow, Nasdaq, and S&P by closing time (4:45pm ET)

  • Dow and S&P ends higher than yesterday, S&P rose sharply by closing time
  • Nasdaq continues to drop, and it dropped lower than 4,450 points but recovered to 4,504 by closing time
  • Oil price rises up to $32.65 (4:19pm ET)
World Economy
  • Venezuela, which has more oil than any other country on planet, bought huge amounts of oil from the U.S. because they can't refine the oils that they pump out
  • Europe's open border system is about to collapse, and it would cost around 100 billion Euros ($110 billion) to bring back passport control, and this would be a huge blow for the fragile economy.
  • Consumers of India, one of the fastest growing market in the world, are buying more cars. This emphasizes the importance of Indian market.
Individual analysis
  • Exxon Mobil(XOM) rose 5.22% due to the oil price that rose today. However, the oil price is still unstable, and there are possibilities of stock facing sudden drops.
  • Tesla(TSLA) is facing their worst days due to the cheap oil price. Their stocks dropped 5.09% during the day.
  • Energy mineral industry is having the worst 3 month sector performance (-16.05%), and Utilities sector continues to secure the best 3 month sector performance (4.48%)
  • Google(GOOG), Yahoo!(YHOO), and Amazon(AMZN) dropped today. Amazon continued its fall from Friday, 1/29.