Dow declines 37.39 points ( -0.20 %) to settle at 18,495.66.
The US Large Cap S&P 500 index declines 6.25 points ( -0.29 %) and is now at 2,175.49.
The tech heavy Nasdaq declines 20.89 points ( -0.40 %) closing at 5,204.59.
Oil settles at $41.48 ( -0.55 % from last trading day.)
Gold is now at $1,352.20 ( +0.02 % from previous.)
The 10 year bond yield is at 1.51%. The interest rate of the yield has decreased ( -0.04 %), 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 34.20 % while the percent of declining stocks is at 59.81 %. Volume is -11.05 % % 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 62.93 % while the percent of stocks above the 200 Day Moving Average is 68.99 %. The percent of stocks above the 200 Day Moving Average says that stocks are generally in an uptrend and not yet overbought.
There are 01.81 % of stocks hitting a new 52 week high with 00.47 % of stocks hitting a new 52 week low.
The S&P 500 return over the last 52 weeks is 04.65 %.
The median forward PE is at 16.01, the average 5 year estimated growth is at 12.77 % and average yield is 01.75 %.
The average PEGY ratio (PEGY = (PE Ratio / (Growth+Yield))) is 2.18. The PEGY Ratio of 2.18 is greater than 2 and the market is very expensive!
The average short percent of float is at 06.57 %.
The most traded stocks based on dollar value traded are:
- The Walt Disney Company (DIS) at 97.86 (1.19; 01.23 %)
- Apple Inc. (AAPL) at 108.00 (-0.81;-00.74 %)
- Alibaba Group Holding Limited (BABA) at 87.33 (2.09; 02.45 %)
- Lockheed Martin Corporation (LMT) at 261.30 (0.64; 00.25 %)
- Valeant Pharmaceuticals International, Inc. (VRX) at 27.32 (-0.84;-02.98 %)
The winners with above average volume are:
- DXP Enterprises, Inc. (DXPE) at 27.60 (10.16; 58.26 %)
- Gold Standard Ventures Corp (GSV) at 2.51 (0.58; 30.05 %)
- Magellan Petroleum Corporation (MPET) at 5.35 (1.23; 29.85 %)
- Walter Investment Management Corp. (WAC) at 3.42 (0.71; 26.20 %)
- Healthways, Inc. (HWAY) at 21.36 (3.30; 18.27 %)
The losers with above average volume are:
- Nymox Pharmaceutical Corporation (NYMX) at 1.85 (-1.26;-40.51 %)
- Myriad Genetics, Inc. (MYGN) at 19.70 (-9.76;-33.13 %)
- SunPower Corporation (SPWR) at 10.31 (-4.47;-30.24 %)
- Tidewater Inc. (TDW) at 3.50 (-1.16;-24.89 %)
- Semler Scientific Inc (SMLR) at 1.54 (-0.48;-23.76 %)
Most Recent Financial News (Updated Wed Aug 10 15:00:01 MDT 2016)
- What Clinton and Trump would do for parents
- This liquid could let torn clothes repair themselves
- Snapchat under fire for another ‘racist’ filter
- Ticket prices for A-Rod’s last game plunge 31%
- Hillary Clinton’s ‘Family First’ economic plan explained
- MIT, NYU, Yale sued over retirement plan fees
- Elon Musk wants to sell you an entire ‘solar roof’
- Longtime ESPN anchor John Saunders dies
- Trump slammed for 2nd Amendment comments
- Obama has his own Facebook Messenger bot
- Tech’s winners snap up office space
- 8 traits of today’s billionaires
- Why Alphabet and Facebook will be very, very different in 10 years
- Billionaires holding $1.7 trillion in cash
- Clinton: Trump’s ‘casual inciting’ shows he can’t be president
- Disney challenges similar to Apple
- Dow 20,000 could be coming soon
- Why the summer rally will look ‘silly’
- Money manager betting big on Tesla
- Why Amazon is so interested in drones
- Mc: D’s beats SBUX to the pumpkin patch
- Champagne shortage follows frost, rot
- Sell, sell, sell as monetary policy is a dead duck: Bond analyst
- Shake Shack gets grilled, shares down 9 pct after earnings
- Millennials are losing sleep over this
- The bottom is still ahead for Chinese tech stocks, venture capitalist
- The Dow at 20,000 isn’t really that extreme, expert says
- The ‘bubble boys’ are wrong about a market crash