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.

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.