^GSPC - S&P 500
| Previous close | 3,152.05 |
| Open | 3,152.47 |
| Volume | 2,407,407,212 |
| Day's range | 3,136.22 - 3,186.82 |
| 52-week range | 2,191.86 - 3,393.52 |
| Avg. volume | 5,516,723,015 |
- Motley Fool
3 Things to Watch in the Stock Market This Week
Netflix is one of several popular stocks set to report second-quarter earnings results over the next few days.
- FX Empire
Bearish Case for Dollar Thickens, but Bulls are Tough to Find
A surge in virus cases and record fatalities in several US states dampened the animal spirits at the end of last week.
- FX Empire
S&P 500 to Hit 3400 By End-2020 and 3600 Next Year; Earnings to Rebound in 2021: Mizuho
“The COVID-19 related collapse in earnings is expected to be reversed slowly as the economy re-opens and the recovery matures into expansion in 2021. These bottoms-up earnings estimates and our assessment of the nature of the recovery has caused us to revise upwards our year-end target to 3400,” said Mizuho Securities’ chief economist Steve Ricchiuto.
- Motley Fool
2 Warren Buffett Picks That Will Never Beat the S&P 500 -- and Why You Might Want to Buy Them Anyway
Warren Buffett is a loser. Before you attempt to throw something at me through the Internet, allow me to clarify. The billionaire investor is losing compared to the overall market so far this year. The vast bulk of Buffett's fortune is in Berkshire Hathaway (NYSE: BRK.
- Motley Fool
Got $5,000? These 2 Market-Beating Pot Stocks Are Still Hot Buys Right Now
In 2019, the Horizons Marijuana Life Sciences ETF (OTC: HMLSF) crashed 39%, and it's already down another 24% during 2020. Pot stocks that are able to outperform not just the Horizons ETF but the S&P 500 aren't all that common. By the end of June, GW Pharmaceuticals (NASDAQ: GWPH) stock was up 17% from the start of the year.
- Investing.com
Comic: Federal Reserve Stimulus Drives Wall Street Towards All-Time Highs
By Jesse Cohen
- Financial Times
The coming earnings season could bring lofty stocks down to earth
Global and US economic data are beating forecasts and there is growing optimism that corporate profits will do likewise, as the second-quarter earnings season plays out in coming weeks. One strong theme supporting equity markets since the worst of the pandemic panic in March is that the shock to companies’ profits will be brief. Analysts anticipate a decline of 21.5 per cent in earnings of the S&P 500 companies during the current calendar year, according to FactSet, accompanied by a slide of 3.9 per cent in revenues.
- Zacks
Twitter (TWTR) Stock Sinks As Market Gains: What You Should Know
Twitter (TWTR) closed at $35.40 in the latest trading session, marking a -0.9% move from the prior day.
- Zacks
UnitedHealth Group (UNH) Gains But Lags Market: What You Should Know
UnitedHealth Group (UNH) closed the most recent trading day at $291.23, moving +0.02% from the previous trading session.
- Zacks
DocuSign (DOCU) Stock Sinks As Market Gains: What You Should Know
DocuSign (DOCU) closed the most recent trading day at $210.11, moving -1.09% from the previous trading session.
- Zacks
Uber Technologies (UBER) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Uber Technologies (UBER) closed at $33.14, marking a -0.03% move from the previous day.
- Zacks
Energy Transfer LP (ET) Outpaces Stock Market Gains: What You Should Know
Energy Transfer LP (ET) closed at $6.44 in the latest trading session, marking a +1.58% move from the prior day.
- Motley Fool
S&P 500 Shoots Up 33 Points: Banks, Airlines, and Cruise Line Stocks Brush Off Record COVID-19 Cases on Gilead Treatment Update
Three of the most beaten-down groups of stocks led today's big day higher for stocks, as investors react to positive news about a potential treatment for COVID-19.
- Yahoo Finance
Stock market news live updates: Gilead treatment feeds broad rally, tech stocks power Nasdaq to 4th record close this week
Stocks rose Friday, and the Nasdaq Composite hit yet another record high, after Gilead Sciences announced that its remdesivir treatment reduced the risk of death for Covid-19 patients, based on new data from the company.
- Motley Fool
Why Shares of Tesla Jumped Friday Afternoon
The growth stock's move follows speculation that the company may be considering building a small hatchback for the European market. Also helping is news of the possible inclusion of Tesla shares in the S&P 500 market index. When a Twitter user reached out to Tesla CEO Elon Musk on the platform Friday to note that the Model Y is too big for some cities in Europe, he asked whether the company would consider a smaller European-style hatchback.
- Zacks
How You Can Use Earnings Season to Beat Wall Street Pros
The most important earnings season in a decade is coming our way. Jeremy can help you cope with historic swings in both directions and show you how to capitalize on countless opportunities for big returns.
- Yahoo Finance
Why Warren Buffett and Stanley Druckenmiller missed the market rally: Trader
In a Yahoo Finance Premium webinar, Brian Shannon, CMT discusses why trading legends missed the bulk of the post-Covid stock market rally and explains how traders can avoid common pitfalls, such as impulsive trading, by having a trading plan and knowing their time frame.
- FX Empire
E-mini S&P 500 Index (ES) Futures Technical Analysis – Bank Stocks Lead Rally Ahead of Earnings
The direction of the September E-mini S&P; 500 Index into the close on Friday is likely to be determined by trader reaction to 3144.50.
- FX Empire
S&P 500 Weekly Price Forecast – Stock Markets Break Through Minor Resistance
Stock markets rallied during the week, with the S&P; 500 being no exception. We broke above the top of a couple of shooting stars which is a bullish sign.
- FX Empire
S&P 500 Price Forecast – S&P 500 Likely to Continue Pressing Issue
S&P; 500 initially pulled back on Friday again, but then turned around to show signs of life again. This is a market that continues to show extreme resiliency.
- Motley Fool
5 Ways the Pandemic Is Imperiling Retirement
In this episode of the Motley Fool Answers podcast, hosts Alison Southwick and Robert Brokamp reveal three lessons related to the unveiling of The Motley Fool's new logo, including one from the best-performing stock of the past 25 years. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks.
Reuters VideosTesla appears poised for electrifying S&P 500 debut
Tesla investors, buckle your seatbelts - the red-hot stock is likely to go from the fast lane into hyper-drive. Having soared 500 percent over the past year - revving to record high after record high – there are two major upcoming events that could push the stock even higher. Tesla CEO Elon Musk reports results on July 22nd and he could cross the finish line with his fourth straight quarterly profit - something never before seen for the electric car maker. If that happens, investors are betting that will trigger another milestone....an entrance into the benchmark S&P 500 index. Fund managers who mimic the S&P 500 would then be forced to buy the stock. S&P Dow Jones - the keeper of the S&P 500 - would neither confirm nor deny plans to add Tesla to the index, but said the so-called index funds that would need to buy Tesla to replicate the S&P 500 hold at least $4.4 trillion in assets. And there are trillions of dollars more at stake from stock pickers who are judged by a how well they do compared to the S&P 500; they too may be forced to buy Tesla shares. Sounds like a one-way bet to some, but others may see it as a speed trap. Not only is Tesla one of the most beloved stocks on Wall Street it is also one of the most controversial, due in part to Musk’s sometime mercurial behavior. Investors betting against the stock have put up $19 billion - the largest-ever bet that a company's stock will fall, according to one estimate. These naysayers point out that Tesla's entrance into the S&P 500 is far from a guarantee… And while the company may grab lots of headlines, it still sells far fewer cars than its larger rivals. In addition, competitors such as Porsche and General Motors are hard at work on their own electric models, hoping to eventually dim Tesla's halo and its meteoric stock price.
