Why Apple's iPhone 6 is shaking up the smartphone market
On September 9, Apple launched the iPhone 6, measuring 4.7 inches, and the iPhone 6 Plus, measuring 5.5 inches. On the same day, Apple also released its smartwatch called the Apple Watch.
Markets monitor inventory levels every week to determine if inventories will reach sufficient levels before the winter season starts. Stronger demand could cause significant shortfalls in injections before the winter. This could strain available supplies. Natural gas demand is usually high during the winter.
Sector ETF Analysis
The U.S. Energy Information Administration (or EIA) released its Short-Term Energy Outlook (or STEO) for September 2014. In the report, it increased its U.S. crude oil production estimate for 2014. It increased it to 8.53 million barrels per day (or MMBbl/d)—or 0.07 MMBbl/d higher than the forecast it made in August.
Navios Maritime Acquisition Corp. (NNA) is the owner and operator of tanker vessels with a major focus on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals.
On September 18, 2014, after the market closes, Oracle (ORCL) will announce its 1Q15 results. Q1 is usually considered Oracle’s strongest quarter.
Lennar started as a single-family homebuilder in Miami, Florida, in the early 1950s and it has grown by acquisition. It concentrates on single-family attached and detached homes and purchases land through unconsolidated entities.
The aluminum sector has been one of the best performing sectors this year. It has delivered more than a 33% return. This return overshadows the returns generated by the broader equity markets. Alcoa Inc. (AA) is the largest aluminum company listed in the U.S.
Sheldon Adelson established Las Vegas Sands (LVS) in 1988. It’s based in Nevada. Las Vegas Sands develops, owns, and operates integrated resorts in the U.S., Macao, and Singapore. LVS has ~2,570 table games and 13,130 slot machines worldwide. The company was listed in the New York Stock Exchange in 2004.
Post World War II, there was growing globalization of financial intermediation. This occurred slowly but steadily, as exchange controls and other direct restrictions on financial flows were removed or eroded and as international communication improved.
Macro ETF Analysis
Many investors have been concerned about the Chinese market lately and are asking Russ whether they should abandon Chinese stocks. Russ explains why his answer is still no, at least for the long term.
This series is a weekly update on the trends in the U.S. investment-grade bond markets. You’ll read about both primary and secondary market activity in both the U.S. Treasury and corporate bond markets.
Gold (GLD) (IAU) has declined by almost 8% in the last 12 months. Gold usually does well when the equity markets (IVV) are troubled. Gold has an inverse relationship with the U.S. dollar (or UUP). When the U.S. dollar weakens, investors turn to gold for value storage.
Income ETF Analysis
Yesterday, the Federal Reserve ended its September Federal Open Market Committee meeting and decided to continue to reduce asset purchases. It will reduce purchases of Treasuries by $5 billion a month.
Plains All American Pipeline, L.P. (PAA) is a master limited partnership (or MLP) that operates in the midstream energy business, providing services like transportation, storage, terminaling, and marketing of crude oil and refined products.