Today's Stock Market (2016.04.13)

Daily Analysis

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

Dow and Nasdaq throughout trading hours (5:16pm ET)

• All three indexes closed higher than yesterday, continuing the incline

• All three indexes jumped drastically in the beginning, and they stayed consistent

• Oil prices slightly declined than yesterday's $42 per barrel
• $41.57 per barrel (8:34pm ET)

International/U.S. Economy

• Argentina has finally got out of their national default which lasted for 15 years. They are now gearing up for one of the biggest bond sales for a developing country.

• Retail sails in the U.S. has dropped 0.3% at March compared to February, according to the Commerce department. This is a red light for the U.S. economic growth.

• IMF is currently warning about the global economic growth this year. IMF has lowered their expected world wide growth from 3.4% to 3.2%, and this is only 0.1% above last year's expectation.

Individual Analysis

• Financial sector overall faced incline today. Goldman Sachs (GS) increased 3.59% today, and Bank of America (BAC) experienced 3..92% growth. JPMorgan Chase (JPM) increased 4.23%, and Citigroup (C) increased 5.61%.

• Amazon (AMZN) stocks continued to increase and reached higher than $610 per shares. Amazon stocks rose 1.93% today.

• Tesla (TSLA) has recovered 2.7% today compared to yesterday, but it is not sure if it will continue to recover.

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.

On break!

Hey guys, I'm at Korea right now because of spring break and because of the time difference I can't really update my blog here. I'm coming back to the U.S. at 04.10.2016, so until then my blog won't be updated. I'll see you guys then.

Today's Stock Market (2016.03.25)-Market Holiday

Daily Analysis

• NYSE has closed today due to Good Friday.

• Oil continues to stay around $39 per barrel

• $39.46 per barrel (2016.03.24 end of the day)

International/U.S. Economy

• Saudi Aramco, the state oil company of Saudi Arabia, has recently announced a plan to buy the sprawling Port Arthur, Texas refinery. The facility is the largest refinery of U.S. and it can produce 600,000 barrels of oil per day.

• A group of New York millionaires are telling the governor and the state law makers to raise the tax for them and use it to help the poor. The group released an message that urged the passage of "1% plan for New York tax fairness".

• The terror on Brussel, Belgium has not only taken people's lives, but it also affected the European economy. Brussel was the center of political gravity of E.U., and its importance to E.U. is similar to that of Washington D.C. and U.S..

• Although the stock market is rebounding back, investors are still betting huge amount of money in gold. According to Bank of America Merrill Lynch, $13.4 billion was poured into gold assets for the past 11 weeks. This is the largest weekly inflow for gold since the economic crisis of 2009. 

• Gold is a safe asset which would maintain its value even during an economic crisis, and investors are still concerned about how the market was crashing early 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.

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.

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.