On Friday, May 1, 2020, the Dow Jones Industrial Average index (DJIA) closed at 23723.69 -622.03 -2.55%. For the week ending on May 1, 2020, the 5-day performance was -0.22%. The YTD performance is still negative at -16.87%.
Stock market data: https://www.wsj.com/market-data/stocks/us/indexes
Can stock market be predicted? This is the million dollar question. In finance and economics there is the concept or random walk. It means that stock market or any financial asset moves in a randon way. Stock prices, how high or how low the stock quotes or stock market indexes can move is a random way. Can stock market be predicted with technical analysis? This is another tough question. In many cases momentum and trend trading or positive sentiment move stock market and stocks to higher or lower price levels. Traders and investors can analyze the stock market graph, read latest news about stock market live and focus on how stock market closed today. In reality it is very naive to believe that indeed the stock market can be predicted. Daily it is about risk, news, sentiment, economic indicators, stock upgrades, stock downgrades. So the answer to can stock market be predicted is simply no. Stock market rallies continue for days or months, but reversals come at some point, when valuations of stocks seem to be too high.
Stock market news Latest stock market news for May 18, 2020. A rally for the US stock market based on two factors. “Dow soars on vaccine and bailout optimism: May 18, 2020. Dow and S&P 500 log best day in six weeks.US stocks rallied into the close on Monday, boosted by hopes for a potential Covid-19 vaccine, as well as further stimulus for the US economy. The Dow and the S&P 500 recorded their best performances in six weeks. The Dow finished 912 points, or 3.9%, higher, its best point and percentage gain since April 6. The index was up 1,023 points at its peak today.The S&P 500 climbed 3.2%, its best day since April 8.The Nasdaq Composite 2.4%, logging its best day since April 29.Federal Reserve Chairman Jerome Powell said in an interview Sunday that America’s economy might need more help from the Fed and the government to get through the coronavirus crisis. Meanwhile, drug maker Moderna (MRNA) reported promising early results from a coronavirus vaccine trial on Monday morning. Moderna shares closed up nearly 20%.” Source: https://edition.cnn.com/business/live-news/stock-market-news-051820/index.html Stock market close on May 14, 2020 S&P 500: 2,953.90,+90.20(+3.15%)Dow 30: 24,597.37,+911.95(+3.85%)Nasdaq: 9,234.83,+220.27(+2.44%)Russell 2000: 1,336.64,+79.65(+6.34%) Stock movers Moderna, Inc. (MRNA) stock was among stock movers with a stock price at close of 80.00+13.31 (+19.96%). The following stocks were stock movers, stock gainers, stock losers, and most active stocks for May 18, 2020. Stocks gainers Oasis Midstream Partners LP (OMP): 7.80,+3.45 +79.31%Aurora Cannabis Inc. (ACB): 17.10,+ 5.90 +52.68%Annovis Bio Inc. (ANVS): 4.82,+1.25 +35.0% Stocks losers Midatech Pharma PLC ADR (MTP):1.62,-0.93 -36.47%Forescout Technologies Inc. (FSCT): 22.57,-6.95 -23.54%Venus Concept Inc. (VERO): 2.52,-0.45 -15.15% Most active stocks Sorrento Therapeutics Inc. (SRNE): 6.50,-0.26 -3.85%General Electric Co. (GE): 6.27,+ 0.78 +14.21%Ford Motor Co. (F): 5.31, +0.41 +8.37% Stock market source: https://www.wsj.com/market-data/stocks Stock Market, U.S. Sectors & Industries Performance All sectors closed higher. Energy was the best performing sector +7.55%, Health Care was the worst-performing sector +0.94%. Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml Stock market update All data about the stock market, stocks, stock investing, stock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com. Investing Check this link for stock trading.
Stock market news – Stock market today Latest stock market news, stock trading, stock investing, business and financial news for today, february 18, 2020: Tuesday’s Stock Market Open: US Equities Drop As Apple Warns Of Revenue Shortfall Stocks trade lower after Apple says coronavirus outbreak will hurt sales Opinion: This simple math means stock-market returns will be anemic over the next decade Tech Slump Drags Down Stocks; Treasuries Rally: Markets Wrap
US stock market “It was a trading shortened week with impressive gains for all major US stock indexes as stocks recorded one of their best weekly gains on record. Is the worst for the stock market already priced in for now? Time will tell as we enter the first-quarter earnings season for 2020. The small-cap stocks witnessed a significant bounce for the week as the Russell 2000 index rose more than 14%.” Read the full US Stock Market Weekly Update April 6- April 9, 2020.
US stock futures today At 9:10 AM, ET time today August 25, 2020, the US stock futures are mostly up. There has been news released about progress on the US-China trade deal, which is positive for stocks. S&P Futures: 3,440.00,+12.50(+0.36%)Dow Futures: 28,392.00,+153.00(+0.54%)Nasdaq Futures: 11,619.00,-17.25(-0.15%)Russell 2000 Futures: 1,577.00,+10.50(+0.67%) Stock market data: Yahoo Finance
MOST ACTIVE STOCKS FOR NOVEMBER 9, 2020, US STOCK MARKET These are the most active stocks for the US stock market on November 9, 2020. Stock market data: Investing.com STOCK MARKET Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell.
Most active stocks March 31, 2020, US stock market These are the most active stocks for the US stock market on Tuesday, March 31, 2020: Stock market data: Investing.com Stock market Daily stock news, stocks, stock market news, and a premium stock market newsletter, with stocks to buy, stocks to sell, investing.
MOST ACTIVE STOCKS FOR OCTOBER 16, 2020, US STOCK MARKET These are the most active stocks for the US stock market on October 16, 2020. Stock market data: Investing.com STOCK MARKET Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell.
Most active stocks for June 25, 2020, US stock market These are the most active stocks for the US stock market on June 25, 2020. Stock market data: Investing.com Stock market Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell. Trading and Investing Check this link if you are interested in trading.
Stock market news for June 5, 2020 Important and interesting stock market data, stock market news for the week ending on Friday, June 5, 2020. Latest investing, finance, and business news. “Stocks ended the week on a high note, as a record jobs report number pushed the major averages higher. The Dow, S&P 500 and Nasdaq Composite are all tracking for a third straight week of gains as a faster-than-expected economic recovery continues to fuel investor optimism. The Dow gained 829 points, 3.15%, its best daily performance since May 18 when it gained 3.85%Friday marked the Dow’s fifth positive session in a row for the first time since its 5-day streak ending Jan. 17This week, the Dow gained 6.81%, its best weekly performance since April 9 when it gained 12.67%Boeing (BA) has the most positive impact on the Dow, adding 145 points to the indexThe S&P 500 gained 82 points, 2.62%, its best daily performance since May 18 when it gained 3.15%Friday marked the S&P 500′s fifth positive session in 6The S&P 500 hit its highest level since February 25 in today’s sessionThis week, the S&P 500 gained 4.91%, its best weekly performance since 4/9/2020 when it gained 12.10%SPY Impact: Apple (AAPL) has the most positive impact on the SPY, adding 0.52 points to the ETFThe Nasdaq Composite gained 198 points, 2.06%, its best daily performance since May 20 when it gained 2.08%The Nasdaq hit a fresh all-time high in today’s session but failed to hit a record close.This week, the Nasdaq gained 3.42%, its third positive week in a row for the first time since its 6-week streak ending Jan. 17Nasdaq 100 (.NDX) Impact: Apple (AAPL) has the most positive impact on the NDX, adding 32 points to the index. — Hayes, Fitzgerald4:01 pm: Stocks surge to end the week, Nasdaq hits recordU.S. equities ended Friday with sharp gains following a better-than-expected jobs report that showed signs of economic recovery from the coronavirus downturn. The Nasdaq Composite jumped 2.06%. The technology-heavy index hit a new record high on Friday, making it the first of the major averages to make back all of its losses from the coronavirus downturn. The S&P 500 leaped 2.62%, bringing its week-to-date gain to nearly 5%. The S&P 500 is 1.1% from being positive for the year. The Dow Jones Industrial Average surged 829 points, or 3.15%. The 30-stock Dow is 5% from the flatline for the year. —Fitzgerald” Stock market source: https://www.cnbc.com/2020/06/05/stock-market-live-updates-job-report-looms-with-dow-up-4percent-this-week.html
Stock market “These two factors may be driving the stock market’s double-digit gains this week, says JP Morgan strategist. Investors have thanked the imminent passage of a $2 trillion fiscal stimulus bill for driving the U.S. stock-market’s double-digit percentage gains this week, but one strategist at JP Morgan says the rally’s underpinnings are less driven by economic and political fundamentals than market pundits would allow. The initial stage of the rally is driven by short-covering and rebalancing,” said Nikolaos Panigirtzoglou, a global market strategist at JP Morgan JPM, +6.96% , in an interview. The analyst said the stock-market’s recovery from the damage done by the coronavirus pandemic will be first driven by market participants who have to buy equities regardless of what they envision for the U.S. economy’s path. Pension funds and so-called balanced mutual funds need to start re-jigging their portfolios in favor of stocks as the selloff in equities and rally in government bonds has driven down the value of their equity relative to their bond positions. Commodity trading advisors and long-short equity hedge funds have also had to cover their short bets on stocks.” Source: https://www.marketwatch.com/story/these-two-factors-may-be-driving-the-stock-markets-double-digit-gains-this-week-says-jp-morgan-strategist-2020-03-26?siteid=yhoof2&yptr=yahoo Stock investing We have also written about this short squeeze scenario. Rebalancing and the FOMO effect are also reasons for this stock market rally. Stock investing and stock trading are both risky, and the recent selloff and stock market rally has made stocks even riskier financial assets. The bottom in the stock market and the top are always almost impossible to tell. Stock trading An example of a short squeeze that has made impressive short-term gains for a stock is Boeing stock. Boeing stock has doubled in less than a week. From the low stock price of about $90 shares of Boeing are now at $180.55, at close on March 26, 2020.
Biggest stock gainers on June 30, 2020 These are the biggest stock gainers, top stock gainers at the close of the US stock market on June 30, 2020. Stock market data: Investing.com Stock market Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell. Trading and Investing Check this link if you are interested in trading
Wells Fargo stock news Shares of Wells Fargo & Company (WFC) closed lower on Tuesday, July 14, 2020, more than 4%, at 24.25-1.16 (-4.57%). “The bank took in $17.8 billion in revenue in Q2, down almost 18% year over year. Its net loss deepened to almost $2.4 billion ($0.66 per share), a dramatic flip from its net profit of $6.2 billion a year earlier. This was on the back of a 1.5% drop in total loans to $935 billion, and a 9% rise in average deposits to nearly $1.4 trillion. On average, analysts tracking the bank had been modeling for $18.4 billion in revenue and a net loss of only $0.20 per share. The main reason for Wells Fargo’s dive into the red on the bottom line was loan-loss provisioning in anticipation of the looming spike in loan defaults as the coronavirus-driven recession extends. Following the pattern it (and most other lenders) set in Q1, the bank again significantly ramped up the amount of money it allocated to cover those expected losses. For Q2, its loan-loss provisions totaled $3.38 billion; a year ago, they were only $479 million. As was widely expected, the struggling bank also cut its next quarterly dividend to $0.10 per share, an 80% chop from the previous $0.51 payout. At the current stock price, the new dividend yields about 1.6%.” Stock market source: https://www.fool.com/investing/2020/07/14/wells-fargo-shares-fall-after-q2-miss-dividend-cut.aspx Wells Fargo stock chart Source: stockscharts.com
US Stock Market News December 5 2019 The US stock market was little changed at the close on Thursday, December 5, 2019. This is the summary for US stock market at close on December 5, 2019: S&P 500: 3,117.43,+4.67(+0.15%) Dow 30: 27,677.79,+28.01(+0.10%) Nasdaq: 8,570.70,+4.03(+0.05%) Russell 2000: 1,614.83,+0.94(+0.06%) Stocks biggest gainers Patterson Companies, Inc. (PDCO) was among stocks biggest gainers closing at 23.10+2.87 (+14.19%). Stocks biggest losers Sage Therapeutics, Inc. (SAGE) was among stocks biggest losers closing at 60.18-89.03 (-59.67%). Stock investing | Stock trading | Most active stocks NIO Limited (NIO) was among most active stocks closing at2.2700-0.1500 (-6.20%). U.S. Sectors & Industries Performance Materials was the best performing sector +0.66%, Energy was the worst performing sector -0.50%. Stock earnings calendar Notable earnings today are Big Lots Inc (BIG), and Hooker Furniture Corp (HOFT). Stock market update All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com. This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.
Stocks biggest losers March 30, 2020, US stock market These are the stocks biggest losers for the US stock market on Monday, March 30, 2020: Stock market data: Investing.com Stock market Daily stock news, stocks, stock market news, and a premium stock market newsletter, with stocks to buy, stocks to sell, investing.