|Bid||169.70 x 1000|
|Ask||169.77 x 800|
|Day's range||169.21 - 170.33|
|52-week range||135.80 - 175.21|
|PE ratio (TTM)||9.55|
|Expense ratio (net)||0.20%|
In the above part, we discussed that Goldman Sachs (GS) is worried about the rising US fiscal deficit and US debt level. The rising fiscal deficit and debt level could pressure the Fed to increase its key interest rate at a faster rate. Recently, Goldman Sachs predicted that the interest rates will rise at a quicker pace.
In the previous part of this series, we discussed that prominent investment firm Goldman Sachs (GS) believes that the US fiscal outlook isn’t good. The rising fiscal deficit could create an obstacle for the US economy (SPY). The US budget deficit and the debt level (DIA) are also gradually improving.
NetApp (NTAP) stock has returned 69% in the last 12 months, -2.3% in the last month, and -5.5% in the last five days. It rose 36% in 2016 and 60% in 2017. Since the start of 2018, the stock has risen 21%.
I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...
After regaining strength on May 23, the S&P 500 started Thursday on a mixed note and traded with mixed sentiment throughout the day. On Thursday, only four out of 11 major S&P 500 sectors closed the day higher. Strength in the utilities and industrials sectors limited the market losses.
U.S. stocks rose slightly Friday as solid corporate earnings were offset by geopolitical fears after President Donald Trump called off a key summit with North Korea.
The S&P 500 started this week on a stronger note by surging to two-month high price levels on Monday. After a brief pullback on Tuesday, the S&P 500 opened lower on May 23 and rebounded amid the improved risk appetite. On Wednesday, six out of 11 major S&P 500 sectors closed the day higher.
U.S. stocks fell sharply Thursday after President Donald Trump announced that the hotly anticipated summit next month with North Korea was cancelled.
Billionaire investor David Tepper’s largest holdings suggest his company, Appaloosa Management, has an optimistic view on the technology sector (XLK). Appaloosa’s top sells in the first quarter were Apple (AAPL), the PowerShares QQQ ETF (QQQ), the iShares MSCI Emerging Markets ETF (EEM), the Financial Select Sector SPDR ETF (XLF), and Energy Select Sector SPDR ETF (XLE) call options, changing its holdings by 7.2%, 7.1%, 4.0%, 2.5%, and 1.4%, respectively.
The first quarter was challenging for hedge fund managers as the broader-market S&P 500 (SPY), Dow Jones Industrial Average (DIA), and NASDAQ Composite (QQQ) were unstable due to rising US-China trade war concerns and rate hike expectations.
After a brief pullback last week, the S&P 500 started this week on a stronger note by surging to eight-week high price levels on Monday. Carrying forward the strength, the S&P 500 opened higher on May 22, lost strength, and declined as the day progressed. On May 22, seven out of 11 major S&P 500 sectors closed the day lower. Weakness in the industrials, energy, and materials sectors pushed the market lower. Strength in the financials and utilities sectors limited the market losses.
U.S. stocks fell Wednesday after retail giant Target reported earnings that missed expectations while trade talks with China remained uncertain.
The S&P 500 pulled back from two-month high price levels last week and consolidated with mixed sentiment. The S&P 500 regained strength and opened higher on May 21 amid the improved US market sentiment and reclaimed two-month high price levels. On Monday, all 11 major S&P 500 (SPY) sectors closed the day higher.
U.S. stock index futures pointed to a higher open Tuesday, continuing the positive sentiment that sent shares above the 25,000 threshold Monday for the first time since March.
According to data provided by the United States Census Bureau, US retail sales rose 0.3% in April compared to 0.6% in March. Retail sales met the market’s expectation of a 0.3% rise.
Investment in stocks commands consistent discipline and focus. You have to think about the micro and macro outlooks for the company, industry, and economy. Continuously changing dynamics and a rapidly evolving world have resulted in indexes and ETFs that help investors with varied risk appetite to invest in a tailor-made portfolio of growth stocks, value stocks, et cetera. An ideal growth index or ETF should be adequately diversified among cyclical and defensive sectors.
Do April's Inflation, Retail Sales Signal a Faster US Rate Hike? According to the data provided by the US Bureau of Labor Statistics, the US Consumer Price Index, or the inflation index, rose 0.2% in April compared to its 0.1% fall in March. This inflation figure didn’t meet the market’s expectation of a 0.3% rise.
US equity indexes finished the week that ended on May 18 on a negative note despite reports indicating that US-China trade negotiations had resulted in China agreeing to reduce its trade surplus with the United States by $200 billion. In a joint statement released on May 19, the United States and China revealed that China would increase its imports of US products and that both sides would work to resolve their economic and trade concerns. Volatility in the equity markets (VOO) in the week, however, was influenced by higher bond yields and an appreciating US dollar, which were pushed higher by the increased economic divergence between the United States and other developed economies.
US stocks ended marginally lower last week amid rising bond yields, surging oil prices, and the strengthening dollar. The S&P 500 Index (SPY) fell 0.54% and closed at 2,712.97, while the Dow Jones Industrial Average (DIA) fell 0.47% to 24,715.09. The NASDAQ Composite (QQQ) fell 0.66% to 7,354.34. Markets might rally this week
Stocks opened sharply higher on Monday as trade tensions between the U.S. and China dissipated for the moment, while investor sentiment was also boosted by a slew of dealmaking activity.
Whether you have your heart set on Apple or Facebook, Alibaba or Baidu, or a domestic vs. foreign stock, you can access them all via ETFs.
In the previous part of this series, we saw that Mark Mobius believes the long bull run in the US equity market is due for a correction. Mobius said, “The catalyst I believe will come from continuing increases in interest rates. The (Federal Reserve) is definitely moving in that direction.
On May 2, Mark Mobius shared his view on the US equity market, emerging markets, and the Fed’s faster rate hike process in an interview with CNBC. Mobius is the famous emerging markets analyst, fund manager, and previous executive chair of Templeton Emerging Markets Group.
President Trump expressed doubt about the prospects of successful trade talks with China on May 17. The second round of trade talks is underway in Washington between a Chinese trade delegation and top US officials to avert a trade war.
Stocks opened lower on Friday as tensions between the U.S. and China weighed on investor sentiment while both countries continued negotiations on trade.