investment

24 Apr: Stock market news for April 23, 2020

Stock market news

“US stocks close mixed as virus drug report offsets oil-market surge.

US closed mixed on Thursday as markets mulled the latest economic data detailing the coronavirus pandemic’s economic fallout.
Jobless claims made in the week ended April 18 reached 4.4 million. It marked a decrease from previous weeks but brought the metric’s five-week total to more than 26 million. The latest claims reading is nearly six times the peak weekly level seen during the Great Recession.”

Source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-gilead-virus-drug-jobless-oil-prices-2020-4-1029124659

How the US stock market closed on April 23, 2020

S&P 500: 2,797.80,-1.51(-0.05%)
Dow 30: 23,515.26,+39.44(+0.17%)
Nasdaq: 8,494.75,-0.63(-0.01%)
Russell 2000: 1,214.06,+12.54(+1.04%)

Stocks gainers

  • Lightbridge Corporation (LTBR): 3.5000+1.0100 (+40.56%)
  • Chesapeake Energy Corporation (CHK): 27.49+7.31 (+36.22%)
  • National Energy Services Reunited Corp. (NESR): 5.80+1.48 (+34.26%)

Stocks losers

  • Invesco Ltd. (IVZ): 7.24-1.94 (-21.13%)
  • Liberty TripAdvisor Holdings, Inc. (LTRPB): 27.11-5.84 (-17.72%)
  • NETGEAR, Inc. (NTGR): 21.66-4.36 (-16.76%)

Most active stocks

  • Inovio Pharmaceuticals, Inc. (INO): 12.03+0.32 (+2.73%)
  • Snap Inc. (SNAP): 16.06-0.95 (-5.58%)
  • Gilead Sciences, Inc. (GILD): 77.78-3.53 (-4.34%)

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +3.01%, Utilities were the worst-performing sector -1.76%.

U.S. Sectors & Industries Performance for April 23, 2020
U.S. Sectors & Industries Performance for April 23, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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23 Apr: Stock market news for April 22, 2020

Stock market news

“US stocks and oil rebound after historic meltdown: April 22, 2020.

Stock snap two-day losing streak

US stocks snapped a two-day losing streak and finished higher on Wednesday.

Investor sentiment received a boost from additional stimulus measures passed by the Senate and a rebound in oil prices, even though the factors that depressed markets earlier in the week persist. The oil market remains broken amid weak demand and storage problems, while coronavirus continues to weigh on corporate earnings and economic data.

The Dow finished up nearly 2%, or 457 points.
The S&P 500 ended 2.3% higher.
The Nasdaq Composite closed up 2.8%.”

Source: https://edition.cnn.com/business/live-news/stock-market-news-042220/index.html

How the US stock market closed on April 22, 2020

S&P 500: 2,799.31,+62.75(+2.29%)
Dow 30: 23,475.82,+456.94(+1.99%)
Nasdaq: 8,495.38,+232.15(+2.81%)
Russell 2000: 1,201.02,+15.93(+1.34%)

Stocks gainers

  • The Peck Company Holdings, Inc. (PECK): 5.73+2.23 (+63.71%)
  • SilverBow Resources, Inc. (SBOW): 6.05+2.25 (+59.21%)
  • Delek Logistics Partners, LP (DKL): 13.98+5.17 (+58.68%)

Stocks losers

  • TORM plc (TRMD): 8.67-3.93 (-31.19%)
  • American Eagle Outfitters, Inc. (AEO): 6.73-1.61 (-19.30%)
  • Energous Corporation (WATT): 2.1800-0.4950 (-18.50%)

Most actives stocks

  • Snap Inc. (SNAP): 17.01+4.57 (+36.74%)
  • United Airlines Holdings, Inc. (UAL): 25.88-2.00 (-7.17%)
  • General Electric Company (GE): 6.43-0.05 (-0.77%)

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. Information Technology was the best performing sector +3.87%, Consumer Staples were the worst-performing sector +1.07%.

Stock Market, U.S. Sectors & Industries Performance for April 22, 2020
Stock Market, U.S. Sectors & Industries Performance for April 22, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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21 Apr: Stock market news for April 20, 2020

Stock market news

“Stocks close in the red.
US stocks finished lower on Monday, amid a historic selloff in the oil market.

US oil futures settled in negative territory for the first time in history as demand for the commodity remains thin and storage capacity in the US is at its limit. The May futures contract is also about to expire, which made trading more erratic.

The Dow closed 2.4%, or 592 points, lower. It was the worst day for the index since April 1.
The S&P 500 finished down 1.8%.
The Nasdaq Composite closed 1% lower.”

Source: https://edition.cnn.com/business/live-news/stock-market-news-042020/index.html

How the US stock market closed on April 20, 2020

S&P 500: 2,827.09,-47.47(-1.65%)
Dow 30: 23,688.58,-553.91(-2.28%)
Nasdaq: 8,560.73,-89.41(-1.03%)
Russell 2000: 1,212.46,-16.64(-1.35%)

Stocks gainers

  • Benitec Biopharma Limited (BNTC): 13.06+7.23 (+124.01%)
  • Cyclacel Pharmaceuticals, Inc. (CYCC): 8.64+2.23 (+34.79%)
  • Immuron Limited (IMRN): 3.2000+0.8500 (+36.17%)

Stocks losers

  • Liberty TripAdvisor Holdings, Inc. (LTRP): 37.16-9.34 (-20.09%)
  • Invesco Mortgage Capital Inc. (IVR): 2.9000-0.7900 (-21.41%)
  • Summit Wireless Technologies, Inc. (WISA): 4.2889-1.0111 (-19.08%)

Most actives stocks

  • General Electric Company (GE): 6.51-0.33 (-4.82%)
  • Occidental Petroleum Corporation (OXY): 12.59-1.04 (-7.63%)
  • Bank of America Corporation (BAC): 22.50-0.78 (-3.35%)

Stock market source: https://www.wsj.com/market-data/stocks

Bank of America Corporation (BAC) stock

Bank of America Corporation (BAC) stock daily chart
Bank of America Corporation (BAC) stock daily chart

Stock Market, U.S. Sectors & Industries Performance

All sectors closed lower. Health Care was the best performing sector -0.78%, Utilities were the worst-performing sector -3.89%.

Stock Market, U.S. Sectors & Industries Performance for April 20, 2020
Stock Market, U.S. Sectors & Industries Performance for April 20, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock Earnings

Notable earnings today, April 21, 2020 include Netflix (NFLX) and Chipotle (CMG).

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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17 Apr: Stock market news for April 16, 2020

Stock market news

The US stock market after a choppy trading session closed higher, with tech stocks leading in gains. At the close on April 16, 2020, the major stock indexes price levels were as follows:

Dow Jones: 23537.68,+33.33 +0.14%
Nasdaq Composite: 8532.36, +139.19 +1.66%
S&P 500: 2799.55,+16.19 +0.58%
Russell 2000: 1178.09,-5.89 -0.50%

Stocks gainers

  • Arcus Biosciences, Inc. (RCUS): 29.50+13.92 (+89.35%)
  • Liberty TripAdvisor Holdings, Inc. (LTRPB): 59.00+24.31 (+70.08%)
  • ThermoGenesis Holdings, Inc. (THMO): 6.60+2.01 (+43.79%)

Stocks losers

  • Global Eagle Entertainment Inc. (ENT): 2.6200-0.9450 (-26.51%)
  • Athersys, Inc. (ATHX): 2.2800-0.8200 (-26.45%)
  • ProPetro Holding Corp. (PUMP): 2.7900-0.9200 (-24.80%)

Most actives stocks

  • General Electric Company (GE): 6.24-0.26 (-4.00%)
  • Advanced Micro Devices, Inc. (AMD): 56.95+1.96 (+3.56%)
  • Bank of America Corporation (BAC): 21.42-0.77 (-3.47%)

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Health Care was the best performing sector +2.20%, Energy was the worst-performing sector -3.97%.

Stock Market, U.S. Sectors & Industries Performance on April !6, 2020
Stock Market, U.S. Sectors & Industries Performance on April !6, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Economic news

“Five million more Americans file jobless claims as Covid-19 downturn deepens – as it happened. More than twenty million unemployment claims have been filed in the last month across America. US initial claims hit 5.2m last week.

Another wave of grim economic news has shown that America’s economy is sinking into its worst recession in decades.

Another five million US citizens filed jobless claims last week, taking the total laid off since the Covid-19 lockdown began last month to over 22 million.

Economists believe America’s unemployment rate could have already risen to 15%, with further layoffs likely in the coming weeks.”

Source: https://www.theguardian.com/business/live/2020/apr/16/markets-us-jobless-claims-covid-19-recession-imf-bank-of-england-business-live

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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16 Apr: Stock market news for April 15, 2020

Stock market news

“Stocks dropped on Wednesday as weak economic data and disappointing bank earnings dragged the major averages lower. Retail sales in March fell 8.7% — the most on record — while the latest reading from the Empire State Index showed that manufacturing in the New York area hit a record low reading of -78.2. Meanwhile, as earnings season gets underway investors are getting their first glimpse of the coronavirus’ economic toll”

Source: https://www.cnbc.com/2020/04/15/stock-market-today-live.html

How the US stock market closed on April 15, 2020

S&P 500: 2,783.36,-62.70(-2.20%)
Dow 30: 23,504.35,-445.41(-1.86%)
Nasdaq: 8,393.18,-122.56(-1.44%)
Russell 2000: 1,183.98,-53.36(-4.31%)

Stocks gainers

Fibra UNO (FBASF) stock was among stock gainers with a stock price of 0.9750+0.1350 (+16.07%).

Stocks losers

Chesapeake Energy Corporation (CHK) stock was was among stock losers with a stock price of 16.38-9.86 (-37.58%).

Chesapeake Energy Corporation (CHK) stock daily chart
Chesapeake Energy Corporation (CHK) stock daily chart

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) stock was among the most active stocks with a stock price of 6.50-0.43 (-6.20%).

General Electric Company (GE) stock daily chart
General Electric Company (GE) stock daily chart

Stock Market, U.S. Sectors & Industries Performance

Health Care was the best performing sector -0.52%, Energy was the worst-performing sector -4.67%.

Stock Market, U.S. Sectors & Industries Performance, April 15, 2020
Stock Market, U.S. Sectors & Industries Performance, April 15, 2020

Source: https://eresearch.fidelity.com/eresearch/goto/markets_sectors/landing.jhtml

Stock Earnings

Notable earnings today April 16, 2020 include Abbott Laboratories (ABT), BlackRock Inc (BLK), Honeywell International Inc (HON), Morgan Stanley (MS), and Skechers USA Inc (SKX).

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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15 Apr: Stock market news April 14, 2020

Stock market news

“The S&P 500 just posted the most daily swings of 3% or greater in more than a decade—even as the stock market hits a 5-week high.

U.S. stocks are attempting to recover from their most recent lows of late March, but the recent market gyrations, even with Tuesday’s positive swing, highlight why this coronavirus-stricken market is one of the most volatile since the 2007-09 financial crisis.

On the bright side, the S&P 500 index SPX, +3.05% finished trade up 84.43 points, or 3.06%, at 2,846.06, marking the broad-market index’s highest level since March 10, when fears about COVID-19 were buckling the market.”

Source: https://www.marketwatch.com/story/the-sp-500-just-posted-the-most-daily-swings-of-3-or-greater-in-more-than-a-decadeeven-as-the-stock-market-hits-a-5-week-high-2020-04-14?mod=home-page

How the US stock market closed on April 14, 2020

S&P 500 Index (.SPX:INDEX): 2,846.06 +84.43 (+3.06%)

Dow Jones Industrial Average (.DJI:Dow Jones Global Indexes): 23,949.76 +558.99 (+2.39%)

NASDAQ Composite (.IXIC:NASDAQ): 8,515.74 +323.32 (+3.95%)

Stock market data: CNBC

Stocks gainers

NMC Health Plc (NMHLY) stock was among stock gainers with a stock price of 4.5500+2.8000 (+160.00%).

Stocks losers

BDO Unibank, Inc. (BDOUF) stock was among stock losers with a stock price of 2.0700-0.5900 (-22.18%).

Stock investing | Stock trading | Most active stocks

Advanced Micro Devices, Inc. (AMD) stock was among the most active stocks with a stock price of 54.93+3.99 (+7.83%).

Advanced Micro Devices, Inc. (AMD) stock daily chart
Advanced Micro Devices, Inc. (AMD) stock daily chart

Stock Market, U.S. Sectors & Industries Performance

Consumer Staples were the best performing sector +4.23%, Energy was the worst-performing sector -0.46%.

U.S. Sectors & Industries Performance, April 14, 2020
U.S. Sectors & Industries Performance, April 14, 2020

Stock Earnings

Notable earnings today, April 15, 2020 include United Airlines Holdings Inc (UAL), Delta Air Lines Inc (DAL), Bank of America Corp (BAC), Charles Schwab Corp (SCHW).

Stock market update

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Investing

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14 Apr: How to invest money for beginners

Investing for beginners

Why should you invest money? This article is a guide for new investors, covering important sections to consider when deciding to invest money, starting with an investment policy statement and deciding how much money to invest, what financial markets to choose and ending with a few important tips.

Why invest money in the financial markets

The answer is to build your wealth, grow your income for retirement, have the financial freedom to achieve your goals and dreams, build wealth for your children, make us of the compound returns. The most common mistake new investors make is not getting knowledge about the risks and investing in financial assets they do not understand or are not suitable for their investment profile.

What is the first thing all new investors should do? Write an investment policy statement

What is an investment policy statement? It is a statement that defines in written the investment risks, returns and constraints related to any investor’s profile. If you are a new investor you should write down what is the level of risk, you want to undertake. What are the required returns per year? What are your constraints, such as liquidity, time horizon, taxes, legal, regulatory? Any reasons that you do not want to invest in any specific financial asset, for example, cryptocurrencies. With the investment policy statement, you will write and set your goals and what you want to achieve in investing. A roadmap not to get lost.

Where to invest money?

There are plenty of investment vehicles that beginners can use to increase their wealth, such as stocks, bonds, ETFs, Forex, CFDs, commodities, even cryptocurrencies. Almost all of these investment options offer the potential to earn a much higher rate of returns compared with a savings account. But there is something to always remember, that they also involve different degrees of risk. Assuming you have written your investment policy statement you are now familiar with the risk of the financial assets such as equities, bonds, commodities. For new investors, these three asset classes are more than enough to cover all their investing needs.

What investment returns can you expect?

The answer is not as much as possible, because this is both naïve and involves a lot of risks. The real answer is a yearly return that is logical, covers the inflation rate, compensates for the risk and will help you achieve your goals, such as retire in 30 years. A return of about 5%-10% is both realistic and not an abnormal one.

How much money should beginners invest?

There are many theories about this answer. In general, the more capital you can invest, the better, assuming you do not take excessive risk. You can decide how much money to invest depending on 3 factors:

Your financial goals

  1. How much you can afford to invest and when
  2. Your risk tolerance for all financial assets
  3. Your financial goals to achieve

Simple answers to questions like what are your financial goals, why are you investing? For what reason will you need money for in the future can help you decide the exact money to invest.

You can start investing 5% or 10% of your net income as a starting point. And increase that over time if you can help you achieve your financial goals faster.

Investment time frames can also affect risk tolerance. If you are 60-year old and plan to retire in 5 years and have never invested before then you should only think very conservative. Invest in bonds and stocks that offer an attractive dividend yield, and only a small amount of your total capital. If you are 30-year old, then you can take more risks to grow your wealth over time.

When should you start investing?

The answer is as fast as possible. Even with small amounts of money. The power of cumulative returns is that it is always best to start investing as soon as possible. Assuming you can achieve a 5% return per year missing 3 years of investing will result in missing about a 15% increase in your net wealth. It will be marginally more than 15%.  

Tips to get started with investing

Invest always for the long-term and try to contribute over time capital to your investment portfolio.

Manage your investment risks and diversify them as well

Regularly monitor your investments, at least one time per month and make well-informed financial decisions after getting enough of education on various financial assets

Balance investment risk and reward to achieve your goals and do not get disappointed with the results

Understand your investment options and choose wisely the ones that fit into your profile as a new investor

When to not Invest

You should never invest money you can’t afford to lose. If you will need money in one year from now maybe the idea of investing in stocks is too risky. Always think that risks exist in the financial markets and can reduce your capital at any time.

What is the best investment strategy?

A long-term approach to investing, with the ability to withstand losses and give plenty of time to your capital to grow at its highest level.

In this article, we mention how to invest money for beginners, investing in stocks for beginners, how to invest in the stock market for beginners, how to invest in stocks for beginners with little money, good investments for beginners, where to invest money to get good returns.

Stock market

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14 Apr: Stock market news April 13, 2020

Stock market news

“US stocks slid on Monday in their first day of trading after the S&P 500 completed its best weekly gain since 1974.
Investors mulled heightened uncertainty heading into earnings season.
JPMorgan, Wells Fargo, and Johnson & Johnson are among the firms set to announce their first-quarter results on Tuesday. They’ll offer a preliminary look at how hard the coronavirus outbreak is hitting corporate profits. US stocks slid on Monday as investors mulled upcoming earnings reports set to detail the extent of the coronavirus outbreak’s hit to corporate profits. The S&P 500 entered the session fresh off its best week since 1974.”

Source: https://www.businessinsider.com/stock-market-news-today-indexes-fall-oil-deal-earnings-season-2020-4

How the US stock market closed on April 13, 2020

S&P 500: 2,761.63,-28.19(-1.01%)
Dow 30: 23,390.77,-328.60(-1.39%)
Nasdaq: 8,192.42,+38.85(+0.48%)
Russell 2000: 1,210.34,-36.39(-2.92%)

Stock market data: Yahoo Finance

Stocks gainers

Contact Gold Corp. (CGOL) stock was among stock gainers with a stock price of 0.0700+0.0698 (+34,900.00%).

Stocks losers

Ayala Land, Inc. (AYAAF) stock was among stock losers with a stock price of
0.6200-0.3300 (-34.74%).

Stock investing | Stock trading | Most active stocks

Ford Motor Company (F) stock was among the most active stocks with a stock price of 5.16-0.21 (-3.91%).

Ford Motor Company (F) stock daily chart
Ford Motor Company (F) stock daily chart

Stock Market, U.S. Sectors & Industries Performance

Consumer Discretionary was the best performing sector +1.10%, Real Estate was the worst-performing sector -4.59%.

Stock Market, U.S. Sectors & Industries Performance, April 13, 2020
Stock Market, U.S. Sectors & Industries Performance, April 13, 2020

Source: https://eresearch.fidelity.com/eresearch/markets_sectors/landing.jhtml

Stock earnings

Notable earnings today include JPMorgan Chase (JPM) and Wells Fargo (WFC).

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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12 Apr: Investing in stocks is about looking for the hidden gems

Investing

“It’s not always easy to do what’s not popular, but that’s where you make your money. Buy stocks that look bad to less careful investors and hang on until their real value is recognized.” – JOHN NEFF

Neff earned a reputation as a savvy fund manager during his tenure as the head of Vanguard’s Windsor Fund. One of the reasons his investments have performed so well is that he’s comfortable with swimming against the stream and choosing investments whose potential may be overlooked. What he’s saying here, essentially, is don’t be afraid to take a chance on the underdog.

Source: https://www.creditdonkey.com/famous-investment-quotes.html

Stock market

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