Showing posts with label International market. Show all posts
Showing posts with label International market. 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.

    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.

    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 14, 2016

    Today's Stock Market (2016.03.14)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:40pm ET)

    • Dow and Nasdaq barely finished higher than last time, and S&P finished lower than last time.
      • All three indexes were very unstable throughout the day today, going through couple small crashes.
    • Oil price drops to $37 per barrel
      • $37.31 per barrel (7:33pm ET)
    International Economy
    • Latest oil market data revealed that Saudi Arabia and Russia pumped out more oil despite the the talk about limiting oil supplies. 
      • Other countries like Iran are also pumping up more oil now.
    • As China's economy continues to slow down, the global shipping industry was also hit hard due to these concerns.
    • Iranian government stated that they are not concerned about U.S. oil companies pumping out more oil from their country; Iran is facing a huge rebound following its important nuclear deal with global powers.
    Individual Analysis
    • Tesla (TSLA)'s stock surged 3.69% as their company ratings from RW Baird is upgraded from neutral to outperforming.
    • Starwood Hotels & Resorts (HOT) rose 7.82% as Chinese insurance group Anbang made a $12.8 billion non binding cash offer for them.
    • Energy stock shares are plunging as the future for oil price seems to be dark. Southwestern Energy (SWN) stock shares dropped 6.75% today, and Chesapeake Energy (CHK) plunged 6.81% today.

    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.

    Friday, March 4, 2016

    Today's Stock Market (2016.03.04)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (4:00pm ET)
    Dow and Nasdaq throughout the day (4:00pm ET)
    • All three indexes closed higher than yesterday, but they were little unstable but most of the time consistent throughout the trading hours
      • As Oil price continues to recover, stocks are also starting to recover.
    • Oil price rose and went over $35 per barrel
      • $36.33 per barrel (5:00pm ET)
    International Economy
    • Europe is back in deflation, and their business and consumer confidence is sagging. To make matters worse, due to the refugee crisis, they are bringing back border controls, which may cost around $20 Billion per year if fully reintroduced.
    • European Euro's value is crashing; Euro is now trading $1.09 per 1 Euro, which is lower than $1.13 of February. 
    • Greek banks are plunging as their new government decides to challenge bailout and abandon their commitments to international lenders.
    Individual Analysis
    • Hewlett Packard (HPE) surged 13.79% today as they report better earnings than expected. The company reported earnings of $0.41 per share, which far passed the estimate of $0.39 per share. Their revenue was also outstanding.
    • Chesapeake Energy (CHK)'s stock surged 20.37% today, and it has surged 89.63 percent for the past 5 days. Their stock surged today because they received immunity from prosecution in the case against their former CEO Aubry McClendon, who died of a car accident at 03.02.2016.
    • The oil/energy industry overall is experiencing a huge incline in their shares as the oil price continued to rose today. Marathon Oil Corp (MRO) surged 8.73%, and Chesapeake Energy (CHK)'s stock also surged 20.37%.
    • Netflix (NFLX) stocks surged as their famous original show, "House of Cards", started their new season.

    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.

    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.

    Wednesday, February 24, 2016

    Today's Stock Market (2016.02.24)

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

    • All three indexes recovered from yesterday's downfall
      • Not only recovering but they actually ended slightly higher than yesterday
      • All three indexes briefly crashed in the beginning, continuing yesterday's crash.
      • However, it rose after a short time
    • Oil prices slightly increased, but still sits around $30
      • $32.23 per barrel (6:50pm ET)
    International market
    • Although Dow had recovered slightly today, that doesn't mean that the market and oil price is stable right now. Before the oil price rebounded above $32 per barrel, Dow had dropped 267 points. Not only Dow, but other international markets were greatly affected by the unstable oil price right now.
    • The chief of IMF, or International Monetary Fund, has warned Britain about Brexit, and said that they should stay in the E.U., or both of them will suffer.
    • The shale oil industry of America is greatly suffering due to the low oil price. Saudi Arabia had aggressively pumped out oil to push down prices far lower than what American companies need to survive.
    Individual Analysis
    • Apple (AAPL)'s stock is down 10% this year and it is 30% below its all time high which was last April. Apple is likely to report a decline on their sale for this quarter, which is worse for them.
    • First Solar (FSLR)'s stock rose 12.4% during the trading hours today. This was after their quarter report, which showed satisfying results.
    • Many energy related companies were the winning stocks for today as oil rebounded to $32 per barrel. Chesapeake Energy (CHK) rose 22.83% during the trading hours, and Williams Companies inc (WMB) has rose 6.60% during the trading hours.

    Monday, February 22, 2016

    Today's Stock Market (2016.02.22)

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

    • All three indexes inclined consistently throughout the day
      • Dow soared up 200 points today morning, continuing the winning streak from last week.
    • Oil price slightly rises over $30 per barrel
      • $31.48 per barrel (6:08pm ET)
    International Market 
    • It turns out that even OPEC had not expected the plunge in oil price that occurred recently. This has squeezed investment in the industry to the weakest levels in 30 years.
      • Capital expenditure on global oil exploration is expected to fall 17% in 2016, following the 24% drop in 2015.
    • Puerto Rican government has announced its 2nd default in history around January; Puerto Rica owes $73 billion in debt and they owe $1billion to their creditors. The crisis has not been solved, and people are still waiting to get their money back.
    Individual Analysis
    • Amazon (AMZN) has experienced a 4.6% growth during trading hours as market soared today. It may be a good idea to buy Amazon's stock, considering that they are very steady and they are starting to recover from last month's plunge.
    • Tesla (TSLA) has also experienced a 6.7% growth during trading hours. Due to today's rise, Tesla's stock has rose over 25% since it hit its low on 02.09.2016
    • Alcoa (AA), an company that engineers lightweight metals such as aluminum, titanium, and nickel, has surged over 13% during the trading hours as Aluminum prices also rose today.

    Friday, February 19, 2016

    Today's Stock Market (2016.02.19)

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

    Dow and Nasdaq during trading hours (4:07pm ET)

    • Dow dropped from yesterday, S&P ended around the same from yesterday, and Nasdaq finished higher than yesterday
      • All three indexes experienced a crash in the opening time
      • Dow couldn't recover from the crash, Nasdaq recovered, and S&P came back to before.
    • Oil price dropped below $30 per barrel
      • $29.81 per barrel (3:40pm ET)
    International Market
    • As the oil price keeps declining, Standard and Poor's downgraded 5 oil producing countries including Saudi Arabia, Oman, Bahrain, Brazil, and Kazakhstan.
    • Not only the five countries listed, but other countries that rely on oil are having hard times. Columbia had its credit outlook cut to negative, which means that the agency expects downgrade.
    • Britain is currently debating about the British Exit or "Brexit" issue, which means that Britain should leave E.U. now. While David Cameron, prime minister of U.K. and other E.U. countries are trying to make Britain stay in E.U., his opponents are arguing him that U.K should leave E.U. 
    Individual Analysis
    • Uber, a taxi company, has said that they are losing $1 Billion a year in China, due to the competition with another taxi app named Didi Kuaidi.
    • Kinder Morgan (KMI) has dropped 2.91% during the trading day. Kinder Morgan has experienced a jump in their stock price at 02.17.2016 as Warren Buffett announced that he has bought a huge amount of their stocks.
    • Amazon (AMZN) stocks rose 1.89% as they announced that they acquired the North American rights to Woody Allen’s next film, due for release this summer.

    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.