ccbfcadafceeeef

Renee Blakely

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From Renee Blakely

  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    Interest Rate Woes Continue to Haunt the US Stock Market

    Now that the Fed’s meeting is over, the timing of the rate hike has made investors anxious. The delay in the rate hike is a sign of the health of the domestic economy.

    By Renee Blakely
  • uploads///Travis Perkins versus Wolseley
    Macroeconomic Analysis

    Travis Perkins Rebounded, Led EWU by 5.09%

    Travis Perkins was at the top of the iShares MSCI United Kingdom ETF on October 23, 2015, as analysts showed positivity toward the construction industry.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    Commodity Prices Soared Due to the Strong Stock Markets

    The stock markets continued their rally on October 5. The markets rebounded when the rate hike uncertainty settled down and boosted the commodity prices.

    By Renee Blakely
  • uploads///dedaeeca
    Macroeconomic Analysis

    UK Stock Market Stymies Awaiting a US Rate Hike in September

    September 4 saw rises in none of the 109 constituent stocks of the EWU. The Fed’s rate-hike indecision impacted UK investors.

    By Renee Blakely
  • uploads///Glencore versus BHP Billiton
    Macroeconomic Analysis

    UK Services PMI, Draghi’s Reassurance Lifted EWU by 0.06%

    Mario Draghi, president of the European Central Bank, reaffirmed the ECB’s plan to provide a fresh monetary stimulus in December to boost inflation in the region if needed.

    By Renee Blakely
  • uploads///Performances of Healthcare Stocks
    Macroeconomic Analysis

    EWU Fell 0.23% and the UK’s Consumer Confidence Fell

    The iShares MSCI United Kingdom ETF (EWU) fell by 0.23% on October 30. The United Kingdom’s consumer confidence index was released for October.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    First Solar Clinches Top SPY Position

    First Solar (FSLR) rose 5.7% yesterday after 195 nations attending the Paris climate change conference reached a historic agreement to cut emissions to address climate change.

    By Renee Blakely
  • uploads///Performances of the Country ETFs
    Macroeconomic Analysis

    Why Is the United Kingdom’s Stock Market Buoyant?

    The iShares MSCI United Kingdom (EWU) rose 1.1% on Thursday, October 8. On Thursday, 82 stocks rose out of EWU’s 109 constituent stocks.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Huntington Bancshares Landed at the Bottom of SPY on Merger Deal

    Huntington Bancshares (HBAN) plunged 8.5% on Tuesday, January 26, after the bank announced its plan to acquire FirstMerit (FMER) in a deal worth $3.4 billion.

    By Renee Blakely
  • uploads///EWU versus the mining stocks
    Macroeconomic Analysis

    Uptrend Continues in Mining Stocks

    The uptrend in mining stocks continued on October 2, 2015, as 85 of 109 stocks in the iShares MSCI United Kingdom ETF returned positive gains on the day.

    By Renee Blakely
  • uploads///iShares MSCI United Kingdom ETF EWU
    Macroeconomic Analysis

    Chinese Economic Report Pressures the UK Market on September 14

    September 14 was a gloomy day for the UK stock market as well, as the iShares MSCI United Kingdom ETF (EWU) fell by 1.12%.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Tyco International to Tie Up with Johnson Controls

    Tyco International (TYC) and Johnson Controls (JCI) revealed on Monday, January 25, 2016, that they are going to merge. The news raised TYC stocks that day, while JCI fell 3.9%.

    By Renee Blakely
  • uploads///Performances of NE BHP RIG versus EWU
    Macroeconomic Analysis

    Basic Material Stocks Top UK Stock Market, EWU Surges 2.31%

    The UK private sector pay rose 4.4%, while the public sector rose 0.6%. This is anticipated to boost the consumer demand in the country.

    By Renee Blakely
  • uploads///Stock Performances on August      EWU
    Macroeconomic Analysis

    China’s Contracting Manufacturing Activity Pressures UK Stocks

    With the economic slowdown, a reduction in imports—especially oil—by China has become inevitable, affecting many of its trading partner countries. Consequently, trades of these countries with the UK may be affected.

    By Renee Blakely
  • uploads///Performance of EWU and LLSP
    Macroeconomic Analysis

    Randgold and Fresnillo Rebound Due to the Rise in Gold

    Precious metals rose on September 24. The rise benefited Randgold Resources (RRS) and Fresnillo (FRES). They were among EWU’s top three performers.

    By Renee Blakely
  • uploads///SPY versus Oil Gold Copper Treasury and Materials
    Macroeconomic Analysis

    SPY Falls 2.51% on Global Uncertainty

    The SPDR S&P 500 ETF (SPY) fell by 2.51% on Monday, September 28, 2015, while the Direxion Daily S&P 500 Bull 2X ETF (SPUU) fell by 4.95%.

    By Renee Blakely
  • uploads///Performances of Mining Stocks
    Macroeconomic Analysis

    Glencore Rises and Chinese Consumer Sentiment Reaches a Year High

    Chinese consumer sentiment rose to its highest in over a year in September 2015. The reading increased by 1.5% to 118.2 in September from August.

    By Renee Blakely
  • uploads///SPY and EWU ETF Movement
    Macroeconomic Analysis

    UK Stock Market Continues its Downward Momentum as EWU Lost 1.75%

    On September 18, the UK stock market experienced a fall in consumer staples. The financial sector also fell steeply.

    By Renee Blakely
  • uploads///Performances of the Country ETFs
    Macroeconomic Analysis

    Aberdeen Asset Management Leads While UK Stock Market Slides

    Aberdeen Asset Management, the fund management group, was among the few finance stocks to make it to the positive territory of returns on October 26.

    By Renee Blakely
  • uploads///eeaabdfdebfbabffc
    Macroeconomic Analysis

    Tullow Oil Leads EWU by 1.30%, EWU Down by 0.52%

    Although oil prices rose across the US and the UK markets, along with the US oil inventory’s fall—which greatly benefited the energy sector—EWU dipped on August 31.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    What Were SPY’s Top Stocks?

    The stocks at the top of the SPDR S&P 500 ETF (SPY) on January 7, 2016, were GAP (GPS), EQT (EQT), and Constellation Brands (STZ).

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Consumer Stocks and the Technology Sector See Huge Gains

    The Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.0% and 0.5%, respectively, in yesterday’s trade.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    SPY Heavily Weighed Down by the Energy and Materials Sectors

    All the component sectors except utilities in the SPDR S&P 500 ETF (SPY) fell in yesterday’s trade. The Energy Select Sector SPDR Fund (XLE) fell 2.5%.

    By Renee Blakely
  • uploads///efaabcbcddffc
    Macroeconomic Analysis

    Fall in UK Inflation Could Boost Consumer Spending

    The fall in the United Kingdom’s inflation back to zero could boost consumer spending, especially in the consumer discretionary sector.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Chipotle’s Plan to Woo Back Customers Propelled It to Top of Spy

    Stocks at the top of the SPDR S&P 500 ETF (SPY) on January 13 were Southwestern Energy (SWN), Chipotle Mexican Grill (CMG), and Range Resources (RRC).

    By Renee Blakely
  • uploads///Performances of various ETFs
    Macroeconomic Analysis

    US Market Buoyant with Rise in Consumer Confidence

    US consumer confidence rose unexpectedly for the month of September. The index rose to 103 in September from 101.3 in August.

    By Renee Blakely
  • uploads///caceefbeffdfcdca
    Macroeconomic Analysis

    EWU Rises as Bank of England Holds Firm on Interest Rates

    The Bank of England’s MPC voted to hold interest rates at 0.5%, which strengthened the pound sterling against the euro and dollar. The EWU rose by 0.89%.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Will Oil Glut Continue in 2016 with OPEC’s Production Policy?

    Some member countries of OPEC—namely, Saudi Arabia and Kuwait—support the policy to keep oil output high in order retain market share against non-OPEC producers.

    By Renee Blakely
  • uploads///Performance of SABMILLER SAB
    Macroeconomic Analysis

    SABMiller Rises 1.30% on Proposed Takeover Bid by Anheuser-Busch

    SABMiller (SAB) gained 1.30% and topped the iShares MSCI United Kingdom ETF (EWU) on September 28.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Upbeat Earnings from Johnson & Johnson and 3M Boosted SPY

    3M stock (MMM) jumped 5.2% after the company’s quarterly report beat analysts’ estimates.

    By Renee Blakely
  • uploads///Top
    Macroeconomic Analysis

    Utilities and the IT Sector Shine on August 17

    On August 17 the industrial sector, healthcare sector, IT (information technology) sector, and consumer discretionary sector showed positive returns.

    By Renee Blakely
  • uploads///bcbccbfebdfedaece
    Macroeconomic Analysis

    Avon Leads SPY, Gains 7.72% on August 28

    The stocks at the bottom of the SPDR S&P 500 ETF (SPY) on August 28 were GameStop, Autodesk, and Mylan NV. These companies yielded -8.03%, -4.96%, and -2.18%, respectively.

    By Renee Blakely
  • uploads///EWU performers
    Macroeconomic Analysis

    Financial Services Take EWU Down

    On August 20, the bottom four stocks of the iShares MSCI United Kingdom ETF (EWU) were ICAP (IAP), Prudential Financial (PRU), Hargreaves Lansdown (HRGLF), and Carnival (CUK).

    By Renee Blakely
  • uploads///accefcefedcdffd
    Macroeconomic Analysis

    UK Stock Market Perturbed by Global Concerns

    The UK stock market is being affected by global concerns about sustainability, financial recovery, global consumption, commodities, and basic materials.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Valeant and Pfizer Kept Healthcare in the Limelight

    In November, Pfizer (PFE) and Allergan (AGN) confirmed their merger deal to form the world’s biggest drug company by sales. This was the largest deal of 2015.

    By Renee Blakely
  • uploads///Emerging Markets in
    Macroeconomic Analysis

    How Has the Russian Stock Market Changed?

    The Russian stock market is upbeat, which adds to the ruble’s strength.

    By Renee Blakely
  • uploads///Glencore GLEN versus Antofagasta ANTO
    Macroeconomic Analysis

    EWU Managed Slight Gains following the Rise in Oil Prices

    EWU gained 0.06% on November 24, 2015, boosted by the rally in energy stocks that followed tension in the Middle East and concerns of terrorism threats.

    By Renee Blakely
  • uploads///Rolls Royce Holdings versus BAE Systems
    Macroeconomic Analysis

    EWU Posted 0.41% Gain, Rising Core Inflation Improved the Outlook

    Out of the 109 constituent stocks of the iShares MSCI United Kingdom ETF (EWU), 99 stocks advanced on November 17.

    By Renee Blakely
  • uploads///Performance of EWU versus FEZ
    Macroeconomic Analysis

    UK Stock Market Upbeat as EWU Closes with a Gain of 2.31%

    The UK stock market cheered owing to positive rallies across the Asian and US stock markets. The iShares MSCI United Kingdom ETF (EWU) rose by 2.31%.

    By Renee Blakely
  • uploads///aaedcebafaeaffcfef
    Macroeconomic Analysis

    Sharp Fall in Crude Oil Pulled UK Inflation Down to 0

    The ONS stated on Tuesday, September 15, that the annual inflation rate fell back to zero in August. The lower fuel prices are one of the reasons behind it.

    By Renee Blakely
  • uploads///Sector Performances of SPYs Component Sectors
    Macroeconomic Analysis

    Component Sectors of SPY Continued Their Upward Trend

    The past week saw one of the worst market performances in the US since the 2008 recession.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    How the Tech Sector and Downbeat Earnings Hobbled SPY

    Total System Services landed at the bottom of SPY after it reported earnings of $0.57 per share, compared to the company’s estimated EPS of $0.60.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    SPY Slid by 1.1% on Fed’s Decision to Keep Interest Rate Unchanged

    The SPDR S&P 500 (SPY) and the Direxion Daily S&P500 Bull 3X both fell by 1.1% and 3.3%, respectively, on January 27, after the Fed’s decision not to hike.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Rebound in Oil Prices Pushed SPY Up 1.4%

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) bounced back by 1.4% and 4.1%, respectively, on Tuesday, January 26.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Verizon Communications Saw Gains on Upbeat Earnings

    Verizon Communications’ revenue grew 3.2% in its latest quarter, amounting to $34.3 billion.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    The Energy Sector Led SPY with a Sharp 3.1% Gain

    Energy sector stocks also made it to the top three of the SPY. Southwestern Energy (SWN), CONSOL Energy (CNX), Kinder Morgan (KMI), and Range Resources (RRC) skyrocketed.

    By Renee Blakely
  • uploads///hart
    Macroeconomic Analysis

    SPY Rose 0.6% as Oil Prices Changed Direction

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) marched upwards on Thursday, January 21, 2016, registering 0.6% and 1.2% gains, respectively.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    All of SPY’s Sectors Ended in the Red as Oil Struggles Persisted

    All the sectors of the SPY turned red on the day. Stocks belonging to the consumer discretionary sector, the technology sector, and the energy sector saw major drops.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    SPY Down 2.5% as Brent Fell below $30 for First Time in a Decade

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) retreated on Wednesday, January 13, 2016, after a short lift that lasted for two days.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    US Markets Were Turbulent, SPY’s Major Sectors Fell by 2.4%

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell by 2.4% and 7.1%, respectively, on Thursday, January 7, 2016.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Gold Soared and GDX Rose by 4.4%, Oil Reached New Lows

    Amid rising volatility, investors preferred safe havens. Gold rose by 1.4% and settled at $1,103.90 per ounce. The prices of the Treasury bonds rose by 0.2%.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Oil Has Reason to Rebound as OPEC Tensions Rise

    Saudi Arabia and Iran are the two major oil-producing countries of OPEC. Tensions between them have escalated after Saudi Arabia’s mass execution on Saturday, January 2, 2016.

    By Renee Blakely
  • uploads///Chart
    Miscellaneous

    Freeport-McMoran Is Biggest Loser for Moving Averages, Returns

    Freeport-McMoRan’s (FCX) trailing one-year return is the lowest at -70.7%. The stock had a steep fall on December 28, after its executive chairman stepped down.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    The SPY ETF Stumbled Due to the Rout of Oil Prices

    The SPDR S&P 500 ETF and the Direxion Daily S&P500 Bull 3X ETF stalled their rally on Wednesday, December 30, with falls of 0.7% and 2.1%, respectively.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Healthcare Stock Mallinckrodt Emerged as One of the Top Stocks

    The stocks at the top of the SPDR S&P 500 ETF on December 30, 2015, were Allegheny Technologies (ATI), Mallinckrodt (MNK), and Tesoro Corporation (TSO).

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    The Energy and Materials Sectors Landed at the Bottom of SPY

    Let’s disucss the changes in the component sectors of the SPDR S&P 500 ETF (SPY). All sectors turned red on Wednesday after oil prices took a nosedive.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Technology Sector Rallied on Advances in Amazon and Qualcomm

    Qualcomm surged 2.6% on December 29 after the company announced that it had signed a 3G and 4G Chinese patent license agreement with Beijing Tianyu Communication Equipment company.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    McGraw Hill Financial Surged 2.6% as Financial Services Rebounded

    McGraw Hill Financial (MHFI) traded at $100, which was above its moving average values.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Vertex Up 3.2% as Healthcare Sector Continued to Lure Investors

    XLV went up 1.2% on Tuesday, December 29. Its top stocks included Vertex Pharmaceuticals (VRTX), St Jude Medical (STJ), Cerner (CERN), and Biogen (BIIB).

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Home Price Index Sent Real Estate Sector ahead of SPY

    All the component sectors of the SPY marched into green territory as the market turned bullish on economic data and the oil price rebound.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    SPY Rose 1.1% on Oil Price Rebound and Upbeat Consumer Confidence

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) jumped 1.1% and 3.3%, respectively, on Tuesday, December 29.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Examining the SPY ETF and how US Stocks Performed in 2015

    As we enter 2016, let’s review how Wall Street and US stocks, represented here by the SPDR S&P 500 ETF (SPY), responded to global events throughout 2015.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Slight Rise in Oil Prices Helped SPY Rise for the Second Day

    SPY and SPXL continued to rise for the second consecutive day as oil prices displayed some stability on Tuesday, December 22. USO rose by 1.0%.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Moving Average Analysis of the Industrial Sector

    The stocks hardly traded at prices that crossed their moving average values. The only exception was Fastenal. It traded at $40.08.

    By Renee Blakely
  • uploads///Chart
    Company & Industry Overviews

    Moving Average Analysis of the Consumer Staples Sector

    The consumer staples sector outperformed the market. On Monday, December 21, 2015, the Consumer Staples Select Sector SPDR ETF (XLP) rose 1.1%.

    By Renee Blakely
  • uploads///Chart
    Company & Industry Overviews

    Technology and Healthcare Sectors Advanced as Stocks Rebounded

    The technology sector, represented by the Technology Select Sector SPDR ETF, rose by 1.0% on December 21 as the stocks of Apple, Microsoft, and Alphabet rose.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    The SPY ETF Rose 0.8% despite a Continued Fall in Oil Prices

    On Monday, December 21, 2015, the SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 0.8% and 2.8%, respectively.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Consumer Staples Sector Stands Out

    The Consumer Staples Select Sector SPDR ETF (XLP) led the SPDR S&P 500 ETF (SPY) with a gain of 1.0% in yesterday’s trade.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    US Stocks Fall as Oil Prices Plunge Again

    US stocks represented by SPY and SPXL fell in yesterday’s trade. SPY and SPXL fell 1.5% and 4.4%, respectively.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Crude Inventories Pull Energy Sector Down, Utilities Soar

    The Energy Select Sector SPDR ETF fell 0.7% on December 16 due to a drop in crude oil prices following a heavy buildup in crude oil inventories.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    The Fed’s Long-Awaited Decision to Raise Rates Sent SPY Soaring

    The SPDR S&P 500 ETF (SPY) rose 1.5% on December 16, 2015, as Federal Reserve members concluded their two-day meeting about the interest rate direction.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Rate Hike Expectations Propelled Financial Stocks Higher

    Many banks and financial service providers’ stocks rose on December 15. US investors picked the stocks with the expectation of the zero interest rate policy.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    SPY Soared High through All of the Component Sectors

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 1.1% and 3%, respectively, on Tuesday, December 15, 2015.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    US Stocks Follow Oil’s Rebound, SPY Rises 0.51%

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull and Bear 3X Shares ETF (SPXL) rose 0.51% and 1.7%, respectively, in yesterday’s trade.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Moving Average Analysis of SPY’s Utilities Sector

    The average ETF weight of the electric utilities stocks in the SPDR S&P 500 ETF (SPY) is 0.08%. Their beta value is less than 1, and thus they’re less volatile.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Avon Products Blasts off on December 4, but NGR Energy Crashes and Burns

    The stock price target of Avon Products was raised from $4.67 to $6 by Citigroup analysts, who also gave the stock a “Buy” rating.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Oil and Gas Pipeline Kinder Morgan Tailspins on December 4

    The West Texas Intermediate fell by 2.7%, settling at $39.97 per barrel on December 4. The plunge in oil left the energy sector with a yield of -0.6%.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Financial Sector Catches a Rate Hike Tailwind on December 4

    The financial sector gained big on December 4 as the prospects of a rate hike increased following the day’s jobs report.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Gung-Ho US Employment Scene Catapults SPY on December 4

    On December 4, SPY SPXL surged by 1.95% and 5.79%, respectively. The day was very important because it saw the release of the crucial US employment report.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Fed Chair’s Hawkish Tone on Rate-Hike Led SPY Lower

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell 1.02% and 3.2%, respectively, on Wednesday, December 2, 2015.

    By Renee Blakely
  • uploads///Chart
    Macroeconomic Analysis

    Yahoo! Hogged the Limelight as it Made Its Way in SPY

    On Wednesday, December 2, 2015, the stocks at the top of the SPDR S&P 500 ETF (SPY) were Avon Products (AVP), Yahoo! (YHOO), and Qualcomm (QCOM).

    By Renee Blakely
  • uploads///MA
    Macroeconomic Analysis

    Utility Was the Second Biggest Drag on SPY as NRG Energy Crashed

    The six-month beta of the stocks of AES, PPL, Public Service Enterprise, and Entergy was less than one. Meanwhile, NRG Energy’s six-month beta was around one.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    Utility Sector Falls, Consumer Staples and Energy Sectors Rise

    The utility sector, represented by the Utilities Select Sector SPDR ETF (XLU), fell by 0.9% on November 23.

    By Renee Blakely
  • uploads///Performances of Oil Gold Bonds and the US Dollar versus SPY
    Macroeconomic Analysis

    SPY, Dollar Up with Kansas City Fed Manufacturing Index’s Advance

    On November 20, the SPDR S&P 500 ETF (SPY) rebounded with a 0.36% gain. Better-than-expected corporate earnings results, especially from the retail sector, lifted the market.

    By Renee Blakely
  • uploads///Performances of Oil Gold Bonds and the US Dollar versus SPY
    Macroeconomic Analysis

    SPY’s Rally Stalled at 0.09% Fall despite Upbeat Economic Data

    November 19 saw the release of the Philadelphia Fed’s Business Outlook Survey for November 2015. Government bonds rose in the wake of the economic data.

    By Renee Blakely
  • uploads///Tenet Healthcare Corp versus UnitedHealth Group
    Macroeconomic Analysis

    J.M. Smucker Led the SPY ETF with a 7.0% Gain

    J.M. Smucker posted EPS of $1.62, beating the consensus estimate of $1.52. It also reported net sales of ~$2.1 billion, in line with the market expectation.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Miscellaneous

    Allergan and Pfizer: The Largest Takeover in the Drug Industry?

    Pfizer fell 3.1% on November 20 as the US Treasury Department planned to dissuade companies from deals that would shift their headquarters abroad.

    By Renee Blakely
  • uploads///Performances of Healthcare Stocks
    Macroeconomic Analysis

    SPY Heavy as UnitedHealth Group Forewarned Profit

    The Health Care Select Sector SPDR ETF tumbled -1.7% on November 19 after UnitedHealth Group lowered its profit expectations for 2015 and cut its earnings forecast.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    JPM and BAC Rose Due to the Likelihood of a Rate Hike

    The stocks of JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), and Goldman Sachs (GS) rose 2.0%, 2.4%, 2.8%, and 1.6%, respectively.

    By Renee Blakely
  • uploads///Wal Mart versus Costco Wholesale
    Macroeconomic Analysis

    Retailers Rebounded on November 17, Led by Walmart and Home Depot

    Walmart’s (WMT) stock has received five “buy,” 24 “hold,” and two “sell” recommendations. Standard & Poor’s rated WMT stock as “AA” with a “stable” outlook.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    The Industrial Production Report Pressured the Utility Sector

    The Fed’s monthly index on Industrial Production for October 2015 noted that industrial production missed expectations. It fell by 0.2% in October due to weakness in the utilities and mining sectors.

    By Renee Blakely
  • uploads///Performances of Oil Gold Bonds and the US Dollar versus SPY
    Miscellaneous

    US Equities Ended Slightly Lower amid Terror Alarm in Germany

    On November 17, US equities, which had traded in positive territory in early sessions, ended down after the news of suspected terrorist activity in Germany broke.

    By Renee Blakely
  • uploads///Performances of Oil and the Country ETF RUSL
    Macroeconomic Analysis

    Sinking Oil Prices Rattled Stock Markets and Russia’s GDP Growth

    Because of the supply glut in oil, prices fell steeply, affecting energy stocks and Russia’s GDP growth rate. Oil is currently priced at ~$42 per barrel.

    By Renee Blakely
  • uploads///Performance of Energy Stocks
    Macroeconomic Analysis

    Oil Price Fell and Rattled the Energy Sector, SPY Ended Lower

    The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell by 0.39% and 1.2%, respectively, on Wednesday, November 11.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    Mixed Economic Review Ended the Stock Market’s Gains in October

    The Chicago PMI was 56.2 for October 2015. It beat the consensus reading of 49.2. This figure gives a mixed review of the US economy.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    Global Growth Forecast Weighed Down SPY on Monday, November 9

    the Organisation for Economic Co-operation and Development (or OECD) has lowered its forecast for global growth to 2.9% in 2015, and to 3.3% for 2016.

    By Renee Blakely
  • uploads///Performances of Oil Gold Bond and the US Dollar versus SPY
    Macroeconomic Analysis

    SPY Dipped on Yellen’s Hawkish Policy Comments on November 4

    The stock market’s two-day rally stalled on November 4 after Janet Yellen, the Federal Reserve chair, commented about a possible rate hike in December 2015.

    By Renee Blakely
  • uploads///VISA versus MasterCard
    Macroeconomic Analysis

    Visa on Its Way to Acquire Its European Twin, Visa Europe

    Visa (V) dropped on the day after the company reported its 3Q15 earnings, which missed analysts’ expectations. The company’s earnings per share came in at $0.62 per share, with revenues of $3.57 billion.

    By Renee Blakely
  • uploads///Performances of Oil Gold Bond and the US Dollar versus SPY
    Macroeconomic Analysis

    China’s November 2015 PMI Pressured Oil Prices, US Market Bullish

    US investors seemed to take the weak Chinese manufacturing data released by Caixin in stride on November 2. China’s PMI rose from September’s reading of 47.2 to 48.3 for October 2015.

    By Renee Blakely
  • uploads///Performance of SPYs Component Sectors
    Macroeconomic Analysis

    SPY Component Sectors Ended in Positive Territory to Start November

    The SPDR S&P 500 ETF (SPY) rose 1.18% on November 2. The day turned out to be bright for US equities in the wake of the release of some important economic indicators.

    By Renee Blakely
  • Market Realist Logo

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.