Archive for the ‘NASDAQ’ Category

NASDAQ: Technology Stocks Rally as Jobs Data Eases Rate Hike Worries

By Wednesday, August 5, 2015
NASDAQ: Technology Stocks Rally as JobsOn Wednesday morning, the NASDAQ Composite Index climbed higher under weak ADP employment data and disappointing trade balance. ADP reported this morning that the U.S. private sector added 185,000 jobs in July—a significant drop from last month’s 229,000 addition, also missing the 216,000 expected. Trade balance worsened in June, with the total goods and services deficit at $43.8 billion. June’s trade balance was $2.9 billion larger than the $40.9 billion .

NASDAQ: Apple (AAPL) Weighs Down Technology Stocks

By Tuesday, August 4, 2015
NASDAQ: Apple Weighs Down Technology StocksThe U.S. stock market indices remain largely unchanged despite a number of corporations updating their earnings. The Dow, NASDAQ, and S&P 500 all gained around a tenth of a percentage point. A number of corporations, including Aetna, Coach, and CVS Health, reported their earnings. Economy-wise, the market awaits trade balance and ADP employment data scheduled to be released this Wednesday. Greece expects its bailout deal to be .

NASDAQ: Stock Market Drops on Weak Earnings and Economic Data

By Monday, August 3, 2015
NASDAQ: Stock Market DropsGreece and China added quite a bit of uncertainty to the U.S. stock market. By around 10:30 a.m. E.T. on the first trading day of August, the Dow slipped more than half a percent, NASDAQ lost 0.2%, and the S&P 500 dropped 0.3%. In Greece, the stock market plunged 23% on its first trading day after a five-week shutdown. Banking shares are hit the hardest, with the country’s largest bank, .

NASDAQ: Technology Stocks Higher Despite Weak Earnings and Economic Data

By Friday, July 31, 2015
NASDAQThe NASDAQ was trading higher during the final trading session of the week, despite a barrage of weak economic data and earnings reports. The employment cost index disappointed analysts with a rise of 0.2%, representing the smallest increase in 33 years and coming in well below analysts’ expectations. The number is a clear sign the U.S. economy is struggling, potentially putting off the Federal Reserve’s rumored interest rate hike later .

NASDAQ: Wall Street Opens Lower on Earnings and U.S. Economic Data

By Thursday, July 30, 2015
NASDAQMarkets are down on Thursday morning of July 30th. The NASDAQ slipped 0.62%, while the Dow and S&P 500 both lost around half a percent. The big news was from gross domestic product (GDP) data for the U.S. In the second quarter of 2015, U.S. GDP increased at an annual rate of 2.3%. Moreover, the Bureau of Economic Analysis also revised first quarter GDP from a 0.2% decrease to a .

NASDAQ: Technology Stocks Climb Amid Earnings Deluge

By Wednesday, July 29, 2015
NASDAQImage by Sami Keinänen
The NASDAQ is heading higher this morning despite some technology companies reporting less-than-stellar earnings. Both Twitter Inc. (NYSE/TWTR) and Yelp Inc. (NYSE/YELP) lost double digits. Meanwhile, precious metals continue to struggle, with gold tanking to below $1,100 an ounce. China’s stock market crash has been temporarily stopped, with the Shanghai Composite Index gaining 3.4% on Wednesday. It’s only a few hours away from the Fed’s Open
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NASDAQ: China’s Stock Market Crash Sends Tech Stocks Plunging

By Tuesday, July 28, 2015
It’s still earnings season, and many companies are making double-digit moves. China’s stock market crash is still continuing, albeit at a smaller magnitude compared to yesterday. By 10:00 a.m. E.T., the S&P 500 Index was up 0.28%, while the NASDAQ and the Dow are also slightly higher. China’s crash has continued to affect shares of Chinese companies listed in the U.S., such as Alibaba Group Holding Limited (NYSE/BABA) and JD.com .

NASDAQ: Here’s Why Technology Stocks are Trading Lower This Morning

By Monday, July 27, 2015
The NASDAQ appears set for a dismal start to the week after a string of disappointing earnings reports from several technology giants, including Soho.com Inc. (NASDAQ/SOHU) and Changyou.Com Limited (NASDAQ/CYOU), continue to sap risk appetite. A more-than eight percent dive in China’s benchmark Shanghai Composite Index also exacerbated fears about a slowdown in the Chinese economy. The slide in Chinese stocks, hurt by Friday’s weak Purchasing Manager’s Index (PMI) data .

NASDAQ: Here’s Why Stocks are Trading Lower This Morning

By Friday, July 24, 2015
Stocks are Down This Morning The NASDAQ Composite Index opened the trading session lower on Friday, July 24th, down 6.5 points or 0.31%. Lagging pessimism from Greece’s debt crisis hung over the market, as did an underwhelming earnings report from Apple Inc. (NASDAQ/AAPL). America’s technology exchange fell by 1.39% during the week, including a 0.49% fall on Thursday. Despite an attempted pivot away from economic headwinds last week, investors will have to pay attention to .

NASDAQ: Stock Market Rallies on Strong Earnings

By Monday, July 20, 2015
NASDAQSource: Wikipedia
The NASDAQ opened slightly higher on Monday July 20th, as Greece reopened its banks and started the process of paying off billions of euros owed to the International Monetary Fund (IMF). European equities soared to six-week highs on Monday as Greece began to return to normality after a deal to agree on a new bailout package. Volatility has been decreased in the eurozone with Monday marking the first
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Sep. 1, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter) $1014.15
Trailing 12-month Price/earnings multiple (Most Recent Quarter)

17.44

Dow Jones Industrial Average Dividend Yield 2.71%
10-year U.S. Treasury Yield 2.14%

Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.

Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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