Dow declines 174.09 points ( -0.98 %) to settle at 17,541.96.
The US Large Cap S&P 500 index declines 24.75 points ( -1.20 %) and is now at 2,041.91.
The tech heavy Nasdaq declines 72.35 points ( -1.47 %) closing at 4,848.37.
Oil settles at $37.47 ( +0.56 % from last trading day.)
Gold is now at $1,242.40 ( +0.40 % from previous.)
The 10 year bond yield is at 1.69%. The interest rate of the yield has decreased ( -0.06 %), meaning that the value of the bond has increased. Decreasing bond yield means that the value of the bond increases and benefits bond holders but can discourage people from putting money in bonds.
The percentage of advancing stocks in the InvestDashboard.com stock universe is at 21.94 % while the percent of declining stocks is at 71.06 %. Volume is -09.84 % % from the average. Lower volume means there is lower conviction in this (down) move.
The percent of stocks above the 50 Day Moving Average is 60.58 % while the percent of stocks above the 200 Day Moving Average is 45.80 %. The percent of stocks above the 200 Day Moving Average says that stocks are generally in a downtrend and not yet oversold.
There are 00.44 % of stocks hitting a new 52 week high with 00.40 % of stocks hitting a new 52 week low.
The S&P 500 return over the last 52 weeks is -01.76 %.
The median forward PE is at 14.71, the average 5 year estimated growth is at 12.58 % and average yield is 01.86 %.
The average PEGY ratio (PEGY = (PE Ratio / (Growth+Yield))) is 1.88. The PEGY Ratio of 1.88 says market is on the more expensive side, but not a more extreme expensive valuation (PEGY of greater than 2.)
The average short percent of float is at 07.02 %.
The most traded stocks based on dollar value traded are:
- Apple Inc. (AAPL) at 108.54 (-2.42;-02.18 %)
- Willis Group Holdings Public Limited Company (WSH) at 47.18 (-1.39;-02.86 %)
- Allergan plc (AGN) at 241.00 (-3.74;-01.53 %)
- Valeant Pharmaceuticals International, Inc. (VRX) at 35.51 (1.34; 03.92 %)
- Facebook, Inc. (FB) at 113.64 (-0.07;-00.06 %)
The winners with above average volume are:
- Relypsa, Inc. (RLYP) at 24.32 (9.81; 67.61 %)
- Lucas Energy, Inc. (LEI) at 4.77 (1.86; 63.92 %)
- Viking Therapeutics, Inc. (VKTX) at 1.93 (0.50; 34.97 %)
- Cymabay Therapeutics, Inc. (CBAY) at 1.80 (0.41; 29.50 %)
- Parnell Pharmaceuticals Holdings Ltd. (PARN) at 2.38 (0.40; 20.20 %)
The losers with above average volume are:
- Unwired Planet, Inc. (UPIP) at 6.94 (-3.16;-31.29 %)
- DragonWave Inc. (DRWI) at 6.91 (-1.89;-21.48 %)
- Hooker Furniture Corp. (HOFT) at 27.37 (-5.92;-17.78 %)
- China Natural Resources Inc. (CHNR) at 1.36 (-0.26;-16.05 %)
- ADMA Biologics, Inc. (ADMA) at 6.90 (-1.19;-14.71 %)
Most Recent Financial News (Updated Thu Apr 7 15:00:02 MDT 2016)
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- Jamie Dimon’s message to Bernie Sanders
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- High-end home sales surge here
- Patriots fans sue NFL over lost draft pick NYT
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- From a short-term trading perspective, we would remain positive on
- Given Boston Scientific’s recent breakout above its 2015 highs, it
- While Japanese banks deal with negative interest rates, low
- Netherlands referendum seen as a blow against EU.
- Cautious investors can use puts or put spreads with these names.
- Build your own residential construction basket or set up a
- The infrastructure construction company’s long-term chart needs a
- I love the choppy trading that we’ve seen in the past two days.
- If this corrective action continues to develop, precious metals
- What’s behind the steel recovery is also behind Samsung’s earnings
- A fabulous share-price recovery comes largely off its “Carnegie
- Strong jobs numbers are not offsetting the negative effect of
- With the broader stock market weak, we could see the
- So-called “vice stocks” have been performing well over the past
- Both growth and value investors must pay attention to valuations.
- The yieldco model is broken but there are measures — albeit
- The exit of the UK from the Economic Union seems to be a real
- Increasing wealth requires a change in attitude. Millionaires and
- Competitors and regulators are suddenly putting the heat on
- Valeant (VRX) stock is up in afternoon trading on Thursday after
- The biotechnology group has reversed a long slide and begun an
- The current slow global growth, lack of inflation, and increased
- Wynn Resorts (WYNN) stock is spiking this afternoon as the casino
- Bed Bath & Beyond (BBBY) stock is surging on the company’s
- JPMorgan Chase (JPM) stock is down after CEO Jamie Dimon released
- In his annual letter to shareholders, JPMorgan Chase CEO Jamie
- Stock losses accelerate by late afternoon Thursday, following
- The financial world is very worried about the Millennials, and
- One of Washington’s most notorious lobbyists is singing the same
- Bernie Sanders has gotten far with his tough talk on Wall Street
- Alcoa (AA) stock is rising after the U.S. International Trade
- Jim Cramer likes ‘the new king of semis,’ Broadcom. Cramer also
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- Everyone is panicking too much in this market. Here’s why you
- Once considered fortress-strong, these mega-cap stalwarts are
- Portfolio manager Yale Bock likes BP, Interval Leisure and
- A number of stocks we follow are showing strong technical
- Best Buy has launched a same-day delivery service as part of its
- The stock of this spirits giant is on a tear this year, as
- Despite its recent debt increase, the world’s largest defense
- Federal Reserve Chief Janet Yellen sounded awfully dovish in her
- Daily and weekly S&P 500 charts are showing hesitation at base top
- The: Street’s Jim Cramer said you are free to buy a stock if you
- In many cases, companies are electing to spread their cloud
- The: Street’s Jim Cramer is still confident about Costco Wholesale’s
- Relypsa has hired an investment bank and is exploring a sale
- Today’s announcement by the Department of Energy is good news for
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