If you’re a bargain shopper you may have found last week not as scary as everyone else. You wait for prices to go down just enough before you swoop in and buy at a steal the only problem is this time, there may be no bargain. Today’s article explains, “At Friday’s close, the S&P 500 traded at 16.1 times analysts’ estimates of the earnings that companies will report over the next year, according to FactSet. This metric, known as the market’s forward price-to-earnings ratio, has indeed fallen over the past five months. But it is still well above its ten-year average of around 14.” To read more, CLICK HERE.
Last week was not good. In case you missed it, stocks really took a turn for the worse and put us in an official corrections. However, before you panic, you may want to read today’s article, which explains why being in a correction may not be all that bad. Here’s what they had to say, “It’s important to remember that not all corrections morph into bear markets. * In the summer of 2011: The S&P 500 sank nearly 19%. Yet stocks regrouped and wound up doubling in value ever since—and that’s after counting the recent market losses.” To read more, CLICK HERE.
Today’s article explained what happened yesterday when the retail giant, Walmart, released its earnings and China’s stocks took a turn for the worse. Here’s what happened, “Stocks were lower Tuesday as investors react to an earnings miss from retail giant Walmart (WMT) and another bout of turbulence in China’s equity market. Stocks have been unable recently to string together enough sessions of steady gains to break out to the upside. Instead, they have been trapped in a sideways trading pattern.” To read more, CLICK HERE.
You may have noticed that tech stocks are doing pretty well for the Nasdaq but could there be some consequences? Today’s article discusses the performance of some specific tech stocks and explains the good and the bad. Here’s what they had to say, “The tech-heavy Nasdaq is the best performing major U.S. stock index this year, gaining 6.6 percent as the Standard & Poor’s 500 and the Dow Jones Industrial averages have wavered between small gains and losses. The industry has re-established itself as the dominant sector in the U.S. stock market and currently accounts for 20 percent of the value of the S&P 500 index. That is tech’s largest share since the dot-com bubble, and makes it the biggest sector in the market.” To read more, CLICK HERE.
So maybe media stocks haven’t been preforming as well as you’d like, think it’s time to pull the plug? Not so fast, says today’s article. Here’s what they had to say, “While the pressure on the sector’s profit is undeniable and few shares are cheap enough to rank as outright bargains, some portfolio managers contend that many companies’ strengths are being underestimated following declines of 9% or more.” To read more, CLICK HERE.
Today’s article discusses stocks that may have promising futures. And with the stock market performing as poorly as it has been lately, you may want to look into them. Here’s what they had to say, “…the one trend that has proved true over and over for almost four years now is that investors have found different reasons each time to buy every single market dip. Some investors are also now starting to look beyond traditional Dow and S&P 500 stocks for value and upside, particularly if there is a mix of growth and value that is not as widely known.” To read more, CLICK HERE.
Today’s article discusses the four stocks that were like anchors to a poorly performing stock market ship. Here’s what they had to say, “Markets opened slightly higher again on Tuesday absent any upbeat U.S. economic data. Apple stock is dragging down the tech sector, and that kept the indexes trading near their flat line for the day. Crude oil and gold settled (a little) higher today. Shortly before the closing bell the DJIA traded down 0.31% for the day, the S&P 500 traded down 0.27%, and the Nasdaq Composite traded down 0.24%.” To read more, CLICK HERE.
Today was not a good day. This may not come as a surprise especially lately with the market performing as poorly as it has been but today’s article explains why today was a particularly bad day in the market. Here’s what happened, ” The Standard & Poor’s 500 index dropped 4.72 points, or 0.2 percent, to 2,093.32. The Dow Jones industrial average dropped 47.51 points, or 0.3 percent, to 17,550.69. The Nasdaq composite fell 9.84 points, or 0.2 percent, to 5,105.55. Allstate was among the biggest decliners in the S&P 500. The insurer dropped $7.04, or 10 percent, to $62.34 after reporting earnings that fell significantly short of analysts’ expectations. The company said its earnings dropped because of more frequent and more severe auto accidents.” But it may not be all bad news. To read more, CLICK HERE.
Thinking about investing abroad? If you haven’t you may want to check this out. Today’s article discusses investing in foreign stocks and you may want to look into it. Here’s what they had to say, “Ignoring foreign stocks could be a big mistake for your portfolio in the second half of 2015 — and you don’t even need to look beyond U.S. exchanges to invest in them. Scores of overseas companies have shares that trade here at home. That’s why, today, we’re taking a closer look at five big foreign trades to trade for gains in August.” To check them out, CLICK HERE.
Today’s article examines stocks that historically beat the end of summer blues. Here’s what they had to say about them, “Each of these stocks have topped the S&P 500 during each of the past five months of August, according to a USA TODAY analysis of data from S&P Capital IQ. Finding stocks that have actually performed well during the late summer isn’t easy. The S&P 500 has dropped an average of 2.4% during the past five Augusts — not exactly a ringing endorsement of the month.” To read more and to check out the stocks, CLICK HERE.