Market faces testing calendar as August and September loom
The market, up 19 percent from February, heads into August and September, historically the hardest months for stocks since WWII. Sam Stovall notes August and September host most declines, with 1998 August a 14.6 percent drop. Despite seasonal weakness, defensive sectors rose in Q3 and the S&P 500 typically rebounds in Q4.
MENTIONED IN THIS ARTICLE
Sam Stovall
U.S
S&p Global Market Intelligence
Stovall
SigFig tracking reveals moderate US investor equity exposure
Data from SigFig shows American individual investors hold 51 to 70 percent in equities on average. Notable items include aggressive profiles with 71 percent or more in equities, five day and six month averages, and lists highlighting largest, most bought and most sold holdings such as AAPL.
MENTIONED IN THIS ARTICLE
AAPL
SigFig grows as half a million investors manage $200 billion online
SigFig reports more than 500000 investors nationwide hold online portfolios totaling about 200 billion in assets. The data reflect SigFig analysis of user activity and portfolio tracking.
MENTIONED IN THIS ARTICLE
SigFig
Alphabet Stocks Rally As Profit Upside Lifts Shares
Alphabet shares climbed toward a multiday high as investors celebrated a strong quarterly profit upside. Tesla fell after confirming a $25.37 per share stock deal for SolarCity, aiming to build a clean energy firm led by Elon Musk. AMC Entertainment posted a 47 percent drop in adjusted EPS and missed profit expectations.
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Alphabet Alphabet
Google
Tesla
Electric Car Company
Elon Musk
SolarCity
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Jamazing
AMC Entertainment
Best P-E Ratio Approach Depends On Method
All approaches to P-E valuation are valid yet tricky. The numerator usually uses the S&P 500 price, while the denominator can be forward earnings or trailing earnings, with operating or as reported adjustments. Consistency in method is essential when comparing valuations.
MENTIONED IN THIS ARTICLE
Standard & Poor
Tesla to acquire SolarCity in 2.6 billion stock deal
Tesla announces a 2.6 billion stock-based acquisition of SolarCity including debt, valuing SolarCity at 25.37 per share with a 45 day go shop period. Elon Musk defends the strategic merger to pair solar with energy storage, aiming to accelerate the shift to renewable energy. Independent boards approved. full close expected in Q4 with cost cuts of 150 million to follow.
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Tesla Motors
SolarCity
Wall Street
Tesla
Elon Musk
Musk
Tion
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