Dow declines 69.03 points ( -0.33 %) to settle at 20,855.73.
The US Large Cap S&P 500 index declines 5.41 points ( -0.23 %) and is now at 2,362.98.
The tech heavy Nasdaq went up 3.62 points ( +0.06 %) close at 5,837.55.
Oil settles at $50.19 ( -0.18 % from last trading day.)
Gold is now at $1,207.70 ( -0.14 % from previous.)
The 10 year bond yield is at 2.55%. The interest rate of the yield has increased ( +0.04 %), meaning that the value of the bond has decreased. Increasing bond yield means that the value of the bond decreases and hurts bond holders but can encourage people to put more money in bonds for the higher yield.
The percentage of advancing stocks in the InvestDashboard.com stock universe is at 34.25 % while the percent of declining stocks is at 58.24 %. Volume is 03.31 % % from the average. Higher volume means there is higher conviction in this (down) move.
The percent of stocks above the 50 Day Moving Average is 42.11 % while the percent of stocks above the 200 Day Moving Average is 59.57 %. The percent of stocks above the 200 Day Moving Average says that stocks are generally in an uptrend and not yet overbought.
There are 00.96 % of stocks hitting a new 52 week high with 01.42 % of stocks hitting a new 52 week low.
The S&P 500 return over the last 52 weeks is 20.01 %.
The median forward PE is at 16.92, the average 5 year estimated growth is at 12.59 % and average yield is 01.58 %.
The average PEGY ratio (PEGY = (PE Ratio / (Growth+Yield))) is 2.35. The PEGY Ratio of 2.35 is greater than 2 and the market is very expensive!
The average short percent of float is at 07.12 %.
The most traded stocks based on dollar value traded are:
- Bank of America Corporation (BAC) at 25.26 (0.05; 00.20 %)
- Apple Inc. (AAPL) at 139 (-0.52;-00.37 %)
- Amazon.com, Inc. (AMZN) at 850.5 (4.48; 00.53 %)
- Citigroup Inc. (C) at 61.11 (0.61; 01.01 %)
- JPMorgan Chase & Co. (JPM) at 91.21 (-0.20;-00.22 %)
The winners with above average volume are:
- Ocera Therapeutics, Inc. (OCRX) at 1.1 (0.50; 83.33 %)
- DryShips Inc. (DRYS) at 1.59 (0.32; 25.20 %)
- Global Blood Therapeutics, Inc. (GBT) at 34.25 (5.95; 21.02 %)
- MYOS RENS Technology Inc. (MYOS) at 3.35 (0.55; 19.64 %)
- The Children’s Place, Inc. (PLCE) at 118.15 (18.25; 18.27 %)
The losers with above average volume are:
- MGC Diagnostics Corporation (MGCD) at 7.94 (-1.89;-19.23 %)
- Natera, Inc. (NTRA) at 8.1 (-1.77;-17.93 %)
- Flex Pharma, Inc. (FLKS) at 4 (-0.80;-16.67 %)
- InspireMD, Inc. (NSPR) at 1.97 (-0.35;-15.09 %)
- PetroQuest Energy, Inc. (PQ) at 3.24 (-0.55;-14.51 %)
Most Recent Financial News (Updated Wed Mar 8 15:00:01 MST 2017)
- CEO of world’s largest ad agency sees start of a social media war
- Banks are about to get a huge windfall thanks to Trump
- Outrage over $400M tax break for insurance executives under GOP
- American Medical Association opposes GOP health care plan
- Billionaire: Trump’s learning that his rhetoric works in business,
- Chipotle lawsuit over food safety, outbreaks is dismissed
- Oil prices plunge more than 5% as US crude stocks rise for 9th
- Deutsche Bank survey says investors optimistic on hedge fund
- Economic growth expectations are starting to come down
- Evan Spiegel’s bonus for bringing Snap public: $800 million
- Op-Ed: Why President Trump will never sign the GOP’s corrupt
- The cost of being uninsured would rise for many Americans under
- It’s (almost) official: The Fed is raising rates
- Amazon actually isn’t the biggest problem, Macy’s CFO says
- Market alert: US oil price plunges toward $50 as a perfect storm
- Meet the hundreds of officials Trump has quietly installed across
- Peter Thiel explained why Google talks a big game about its
- Tesla battery packs power the Hawaiian island of Kauai after dark
- This picture shows how much California is sinking ‘ up to 2 feet a
- Senators seek more information on Trump’s wiretapping claims from
- The US’s three options for dealing with North Korea
- White House strains to answer if Trump is target of probe
- White House won’t say if Trump has confidence in Fed’s Yellen