SPDR Dow Jones Industrial Average ETF

Most of Nike’s (NKE) incremental revenue was recorded in its North America market, Nike’s largest geographical segment.

There are only a few ETFs that track the Dow 30. One of the ETFs in particular is the right choice. Why does the ETF stand out from the others?

Under Armour’s share of the apparel market rose from 14% to 16%, year-over-year, in the first nine months of 2014.

Since the BDTI (Baltic Dirty Tanker Index) has fallen by 50% from the beginning of the year, crude tanker stock prices have also fallen.

Last week, the Institute for Supply Management (or ISM) and Markit both released their reports on the Purchasing Managers Index (or PMI). The ISM’s report gave its strongest reading since February.

Nike (NKE) reported its first quarterly loss in over 20 years in fiscal 3Q18.

Jack in the Box (JACK) and Restaurant Brands International (QSR) are analysts’ favorites among the companies we’ve reviewed in this series.

Southern Copper (SCCO) is aggressively expanding its copper mining operations while Freeport-McMoRan (FCX) is selling its crown copper assets to repay some of its debt.

I would pay particular attention to the Shiller P/E Ratio, which is a variation on the Cyclically Adjusted P/E or CAPE. This indicator is worth watching as it has historically correlated with long-term stock market returns.

Rising stocks have been buoyed by various factors, including the accommodative monetary policy of the Federal Reserve and robust US corporate earnings.

Nucor (NUE) expects its 3Q16 performance to improve as compared to 2Q16. The key driver of Nucor’s 3Q16 performance would be the reset of contracts.

In a recent interview with CNBC, Larry Fink, CEO of BlackRock (BLK), shared his views on market movement, the US economy, and the dangerous impact of the lower interest rates.

This article considers the impact of Japan’s trade dynamics on Japanese automakers like Toyota (TM) versus General Motors (GM) from a macroeconomic perspective.

BP has the most “hold” ratings among the four stocks we’ve discussed in this series.

The US Federal Reserve met on September 16 and 17 in one of the most anticipated monetary policy meetings in recent memory.

Citigroup (C) upgraded Rio Tinto’s (RIO) rating from “sell” to “neutral” on June 6, 2016. The broker also raised the target price for the stock from 20 pounds to 21 pounds.

Data indicated that industrial production edged down by 0.17% in May. So far, the industrial production index has declined in four out of five months this year.

Royal Dutch Shell (RDS.A) produced 3.8 MMboepd in 1Q17 from its worldwide operations, compared to 3.7 MMboepd in 1Q16.

Steel companies such as U.S. Steel (X), Nucor (NUE), and ArcelorMittal (MT) sell their products in the spot market or under contract sales.

Visa (V) has maintained its operating margin above 60% over the past few years. The company’s major expenses include personnel, marketing, network and processing, and professional fees.

The average target price for CLF is $3.4 compared to its current market price of $4.9. The target price still implies a downside potential of 30%.

Implied volatility in Royal Dutch Shell (RDS.A) has fallen 4.9% since July 3, 2017, to the current level of 12.8%.

Non-farm payrolls in April showed a marginal improvement compared to March.

This article considers the importance of investment, including residential investment, in the support of U.S. consumption data and the implications for investors.

The CBOE Volatility Index rose 0.6% in March 2018.

US stocks didn’t have a great start last week. Reports emanating from China drove US markets down sharply, but they rebounded the next day when Microsoft (MSFT) helped them bounce back.

In 9M17, Cabot Oil & Gas (COG) reported revenues of ~$1.4 billion, which is ~63.0% higher than its 9M16 revenues of ~$839.0 million.

Donald Trump has been vociferous about cutting taxes. He intends to reduce the current seven tax brackets to three.

The global economy is closely watching China for fresh signs of a slowdown, which could threaten global growth.

US equity markets gained in the week ended April 24, 2015. But the week was all about the NASDAQ, which gained 3.2%.

Due to trade cases, the US steel industry has turned into a virtual island largely immune to global steel prices—at least in the short term.

Navios Maritime Partners LP (NMM) is less sensitive to shipping cycles due to its long-term charters and staged expirations.

We know the nation is politically divided, and now the market is showing us its split personality as well.

Unconventional stimulus measures from central banks usually end up injecting liquidity in global financial markets. They’re especially relevant to emerging market economies.

While valuation is important, investors should also pay attention to sentiment. The goal is to gauge how – to steal a phrase – “irrationally exuberant” investors have become.

Kocherlakota gave a presentation at the annual American Economic Association conference. He was firmly in favor of letting the Fed be free in its decision making.

On April 27, Phillips 66 opened at $110.8 per share—lower than the previous close of $112.5. Phillips 66 opened lower despite its 1Q18 earnings beat.

On September 12, 3M will pay a dividend of ~$1.18 per share. Investors holding the stock on or before the record date of August 25, 2017, are eligible.

US crude oil (USO) (USL) April futures fell 6.3% between March 2, 2017, and March 9, 2017. The fall in XLE corresponded with weakness in crude oil prices.

Markets were disappointed by the weak retail sales report. Estimates for advance retail sales were $442.9 billion in December 2014.

On March 22, 2018, President Trump announced the imposition of retaliatory tariffs on up to $60 billion on China’s imports.

Key important US indicators released last week are US inflation and US retail sales.

DJTI’s price-to-earnings ratio climbed from 15.7x at the start of 2013 to 20.2x at the end of 2014. This year, transportation stocks (IYT) have taken a hit, leading to multiple contractions.

November US crude oil (DBO)(DWT)(SCO) futures contracts rose 3% to $52.22 per barrel on September 25—the highest level since April 2017.

Payment processors are rewarding their shareholders with 1%–2% dividend yields, largely dependent on operating performance.

At the heart of the ongoing budget debate is the underlying notion that the less fortunate 60% of Americans should be entitled to a reasonable foundation of social services.

Bond yields and prices move in opposite directions. Due to the increase in yields last week, returns on investment-grade bonds were negative.

Teekay LNG Partners (TGP) has a total fleet of 87 vessels, out of which 27 vessels are newbuilds under construction. The active fleet of 60 vessels consists of 29 LNG carriers, 21 LPG carriers, and eight conventional tankers.

A market rebound of more than 12% from the depths seen in October has left investor sentiment buoyant.

This series looks at trends in personal consumption data as a component of U..S gross domestic product and considers the implications for both equity and fixed income investors.

In week 44, many of the crude tanker stocks traded in the red. Only Frontline and Navios Maritime Midstream Partners traded in the green.

Various US indexes such as the S&P 500 Index (SPY), the Dow Jones Industrial Average (DIA), and the NASDAQ Composite have performed well since the US election.

Nucor has been increasing its presence in the automotive sector over the last couple of years.

On January 28, US crude oil hit an intraday high of $53.64. Over the last six trading sessions, US crude oil prices have struggled to surpass the $54 level.

In this series, we’ll do a cross-sectional analysis of integrated energy stocks. We’ll examine their moving average crossovers, price forecasts, analyst ratings, and much more.

The Department of Labor released the July jobs report on Friday morning. Amid the trade tensions, the July jobs report brought relief.

Wage inflation in Chinese manufacturing With an appreciating currency and growing economy, Chinese manufacturers have experienced wage inflation. The cost of Chinese labor is simply becoming more expensive, as the below graph indicates. Private sector wage growth in China was 14% in 2012, while GDP growth is slowing to around 7.5% per annum. Wages are […]

On January 17, US crude oil March futures fell 0.5% and settled at $52.36 per barrel. In the trailing week, US crude oil prices fell 1%.

According to data released by the American Iron and Steel Institute, US steel production fell 4.9% YoY (year-over-year) in the week ended September 24, 2016.

Central bankers usually provide markets with indications about their economic projections. They also provide information about their future monetary policy stance. The Fed wants to reduce volatility (VXX) in markets by indicating its monetary policy stance. As a result, rate changes won’t surprise the markets as much.

Spot steel prices in the US (DIA), especially in the flat-rolled segment, have risen over the last month.

Allogene Therapeutics stock fell 4.8% on Wednesday and ended the day at $30.98. At this closing price, the company’s market cap is $3.9 billion.

Dividends pay returns even during market recovery. Major market indices like the S&P 500 (SPY), Dow Jones (DIA) and NASDAQ (QQQ) can be seen surging to record highs during a bubble.

This series explores the implications of China’s gradual transition to a more consumer-oriented economy.

Currently, the S&P 500 is giving year-to-date (or YTD) returns of more than 8%. It posted gains for seven consecutive quarters. The S&P 500 Index (SPY) closed at a new high 34 times in 2014.

In the first quarter, Teekay Tankers’ EBITDA fell to $80.9 million, from $83.9 million in the previous quarter.

On December 14, China reported the November industrial output growth at 5.4% on a year-over-year basis—the lowest growth since early 2016.

Cleveland-Cliffs (CLF) has witnessed a turnaround of sorts in the last four years.

Gener8 Maritime Partners’ YTD returns were -10% as of April 5, 2018. Gener8 Maritime Partners is the fourth-best performer among its peers YTD.

Investing for retirement has its own unique characteristics. Your priorities change, and so should your investing strategies.

Coty is trading at a higher valuation relative to the S&P 500 Index and the Dow Jones Industrial Average. Coty is trading at a forward PE multiple of 30.3x.

So this is painful. Very few were perfectly positioned into this selloff.

On December 11, natural gas January futures fell 3% and settled at $4.41 per million British thermal units.

In September 2015, Euronav distributed an interim dividend of $0.62 per share. Euronav has stated that it is committed to distributing 80% of net income.

In the week ending January 4, US crude oil inventories were 8% higher than their five-year average—the same as the previous week.

On November 6, natural gas December futures fell 0.3% from a nine-month high and settled at $3.56 per MMBtu.

Every investor faces some tough choices. Should you turn to stocks, exchange-traded funds (ETFs), index funds, mutual funds, or bonds?

On January 24, at 5:39 AM EST, natural gas prices have risen 1.7% from the last closing level.

Royal Dutch Shell (RDS.A) has received the most “buy” ratings, most likely due to its strategy to cut capex, reduce costs, and divest non-competitive assets.

China is becoming a relatively less expensive manufacturing base, although it’s also becoming a source of stronger revenues for companies like Apple.

On November 5, US crude oil December futures fell 0.1% and settled at $63.1 per barrel—the lowest closing level since April 6.

On September 28–October 5, US crude oil November futures rose 1.5% and closed at $74.34 per barrel on October 5.

Between September 14 and 21, US crude oil November futures rose 2.9% and closed at $70.78 per barrel. Let’s take a closer look.

Century Aluminum’s earnings have come under severe pressure because of the steep correction in aluminum prices. The company posted a gross loss in 3Q15.

On October 3, US bond yields (BND) soared due to a bond sell-off. The sell-off continued on October 4, though at a slower pace.

Between April 6 and April 13, 2017, the Energy Select Sector SPDR ETF (XLE) fell 1.9%.

Despite a holiday-shortened week, issuance volumes for leveraged loans surged by almost 49%, week-over-week, to $21.3 billion.

Today, President Donald Trump told reporters, “Our country’s doing unbelievably well economically.”

On January 14, US crude oil February futures fell 2.1% and settled at $50.51 per barrel. The Energy Select Sector SPDR ETF (XLE) fell 0.2%.

Major US indexes showed positive movement after the announcement of US election results, and this rally has continued throughout the last month.

China’s export growth declines The below graph reflects an apparent decline in the rate at which Chinese exports and imports have been growing. The red line reflects the rate at which exports exceed imports (trade surplus). Though growth rates in trade declined in the wake of the year 2000’s dot com bubble and the 9/11 […]

OECD commercial crude oil and other liquids inventory days of supply could rise in April, possibly pushing oil prices back near $40.

The EU saw the biggest decline in steel production in February as compared to other major steel-producing countries.

In the week ending on November 2, US crude oil inventories were 3% above their five-year average.

This series explains why Japan’s investment decline happened and what might happen in the future under “Abenomics.”

Inventory data According to the EIA (U.S. Energy Information Administration), US crude oil inventories fell 7.2 MMbbls (million barrels) in the week ended July 21, 2017. The fall was twice the expected fall of 3.3 MMbbls. Bullish inventory data buoyed oil prices by 1.8% on the same day. Inventory spread A rise in surplus crude […]

Marathon Petroleum (MPC) has been rated by 19 Wall Street analysts. Seventeen analysts (or 89%) have rated it as a “buy” so far in May 2017.

Coty (COTY) and L’Oréal (LRLCY) are trading at higher valuation multiples relative to the S&P 500 Index (IVV)(SPY)(VOO) and the Dow Jones Industrial Average (DIA).

The Fed believes persistently low inflation and an appreciating dollar will impact gross domestic product (or GDP) growth in the coming quarters. A higher US dollar makes US goods less competitive in overseas markets.

In 2014, Alcoa (AA) sold its stake in the Mt. Holly smelter to Century Aluminum (CENX).