Stocks / Highlights
Dow 30 Earnings: JPMorgan Chase Fourth Quarter 2016
Theresa Brophy | 1/13/2017
Banking giant and Dow-30 member JPMorgan Chase & Co. (JPM) tops expectations in the fourth quarter.
Markets / CommentariesStock Market Today: January 13, 2017
Harvey S. Katz, Adam Rosner, Robert Harrington | 1/13/2017
The bulls held control of the market for most of Friday, a welcome break from the volatility that typified most of the week’s trading. Mixed-to-positive economic releases on producer prices, retail activity, and business inventories helped to instill a mostly positive tone that revealed itself in the large- and small-cap equity markets alike. At the closing bell, gaining shares had a 1.5-to-1 edge over declining issues.
Stocks / HighlightsSWOT Analysis: The Kroger Company
Iason Dalavagas | 1/12/2017
Business prospects for The Kroger Company (KR) are mixed. The company, along with the grocery store segment as a whole, has been dealing with some headwinds in recent quarters. These include a deflation in food prices, particularly for staples like eggs, milk, and meat, which has pressured same-store sales growth. Competition is also on the rise, as the company has to deal with both traditional competitors from the grocery sector, and non-traditional players that have been increasing their food-related revenues.
Markets / CommentariesStock Market Today: January 12, 2017
Harvey S. Katz, Robert Harrington, and Adam Rosner | 1/12/2017
Equities put in a volatile and weaker session today. Specifically, the market declined considerably at the outset, but managed to pare its losses throughout the afternoon. At the close of trading, the Dow Jones Industrial Average was down 63 points; the broader S&P 500 Index was off five points; and the NASDAQ was lower by 16 points.
Markets / CommentariesStock Market Today: January 11, 2017
Harvey S. Katz, William G. Ferguson, and Robert Harrington | 1/11/2017
U.S. stocks began Wednesday with a broad-based rally, before statements made by President-elect Trump pulled averages lower for a time. His anticipated policies, ranging from a reduction of corporate tax obligations to the doing away of a swath of regulatory measures, have driven the market to historic highs in recent months. Today’s remarks added some clarity, but also led to a several-hour streak of volatility that the bulls struggled to shake until the final few hours of trading.
Markets / CommentariesStock Market Today: January 10, 2017
Harvey S. Katz and Adam Rosner | 1/10/2017
The U.S. stock market put in a choppy performance today. Specifically, the major averages moved nicely higher by late morning, but pulled back around midday, ending the session on a mixed note. At the close of trading, the Dow Jones Industrial Average was down 32 points; the broader S&P 500 Index was unchanged; and the NASDAQ was higher by 20 points. Market breadth was favorable, for the most part, as winners were ahead of losers on the NYSE.
Stocks / HighlightsUsing The Value Line Report: What Caterpillar May Look Like Under A Trump Presidency
J. Susan Ferrara | 1/9/2017
With Donald J. Trump soon to be inaugurated as the 45th President of the United States and the Dow Jones Industrial Average soaring to record highs since his election in November, many investors are likely wondering which sector or industry offers the best opportunity to capitalize on what many are calling the “Trump rally”. While there are several areas of the economy that are poised to benefit from the President-elect’s campaign promises, in this review we will focus on one in particular, infrastructure. Indeed, we shall take a look at how heavy construction equipment manufacturer and Dow-30 member Caterpillar (CAT) could fare under the incoming administration.
Markets / CommentariesStock Market Today: January 9, 2017
William G. Ferguson and Adam Rosner | 1/9/2017
The equity markets started out the week with a mixed-to-weaker performance. At the close of the day, the Dow Jones Industrial Average was down 76 points; the broader S&P 500 Index was off eight points; while the NASDAQ was higher by 11 points. Market breadth showed a somewhat negative bias to today’s session, with declining issues moderately ahead of advancers on the NYSE. Most of the major equity sectors landed in negative territory, with notable losses in the energy and utility issues.
Markets / CommentariesStock Market Today: January 6, 2017
Harvey S. Katz, Adam Rosner, and Robert Harrington | 1/6/2017
U.S. stock prices traded higher on Friday, a turnaround from the bearish market tone exhibited on Thursday. But the tentative path forged early yesterday trading gave way as we approached lunchtime in New York, when a broad-based rally began. The run up persisted nearly uninterrupted, save for some short-lived profit-taking campaigns. In fact, the Dow Jones Industrial Average rose to within a fraction of a point from hitting 20,000, and came close on several occasions thereafter. The NASDAQ, which has flirted with its own milestone, set a new intraday trading high when it crossed the 5,500-point marker definitively in the early afternoon.