Press Room

February 2, 2016

New York, New York – February 2nd - Gold stocks were lifted Monday as continued weakness in oil prices and the overall market strengthened safe haven demand for the precious metal. The Market Vectors Gold Miners ETF (NYSEARCA: GDX) spiked 2.35 percent, while the S&P 500 Index dropped 0.15 percent. April gold futures increased 1.0 percent to close at $1,128 an ounce Monday, the highest settlement in nearly three months. Investors will be paying close attention to Friday’s job report for any sign of weakness in the economy.

January 29, 2016

New York, New York – January 29th, 2016 - U.S. markets have been hit hard in 2016 as economic uncertainty in China and plummeting commodity prices have weakened investor optimism. According to Investopedia, a defensive stock is “a stock that provides a constant dividend and stable earnings regardless of the state of the overall stock market.” Defensive stocks appeal to investors as their dividend yields, in most cases, outperform the interest gained from long-term Treasury notes and bonds.

January 28, 2016

New York, New York – January 28th, 2016 - Recent data from SuperData Research show digital gaming sales reached a record $61.0 billion in 2015, an increase of 8.0 percent when compared to a year ago. Sales for the tablet and smartphone market totaled $25.1 billion, an increase of 10.0 percent year-over-year. In comparison, brick-and-mortar store sales totaled $5.3 billion last year, down 13.0 percent.

January 27, 2016

New York – January, 27th, 2016 - Oil prices have hit a 12 year low in 2016 as the recent economic struggles in China, the second-largest oil consumer in the world, have raised some major demand concerns. Prices for the commodity continued to slide after the United States and European Union lifted sanctions against Iran earlier this month. Sanctions on Iran previously lowered the country’s oil exports by approximately 2 million barrels per day (bpd). Last Monday, Iran issued a government order to raise production by 500,000 bpd.

January 26, 2016

New York, New York – January 26th, 2016 - U.S. bank stocks have seen a sharp drop despite a generally strong start to the earnings season. The SPDR KBW Bank ETF has fallen 18.3 percent year-to-date, outpacing the broader S&P 500 Index’s decline of 8.15 percent. The Financial Sector is just one of the four sectors in the S&P 500 Index expected to show earnings growth in the fourth quarter.

January 22, 2016

New York, New York – January 21st, 2016 - Retail stocks have fallen in recent months as consumers continue to cut back spending. The SPDR S&P Retail ETF (NYSEARCA: XRT) has fallen approximately 10.0 percent year-to-date and is down roughly 16.0 percent over the past three months. On Friday, the Commerce Department reported Retail sales fell to a seasonally adjusted 0.1 percent in December to $448.1 billion, down from 0.4 percent in November and short of economists’ forecast of a 0.2 percent drop.

January 20, 2016

New York, New York – January 14th, 2016 - Auto stocks have struggled in the past year despite reporting record car sales in 2015. According to data from Autodata Corp., U.S. automakers sold 17.47 million vehicles in 2015, topping the previous mark of 17.41 million vehicles set in 2000. Signs of trouble for the industry began to emerge in December as sales for the month totaled 17.34 million vehicles, short of Thomson Reuters’ estimates of 18.1 million.

January 11, 2016

U.S. markets continued to fall Monday as oil prices fell below $32.00 a barrel, hitting a new 12-year low. The Dow Jones Industrial Average declined 0.18 percent to close at 16,317.55, while the S&P 500 Index fell 0.41 percent to close at 1,914.39. Growing concerns of an economic slowdown in China, the world’s second largest oil consumer, has put major pressure on oil prices in 2016. On Monday, the Shanghai Composite Index fell 5.3 percent to close at 3016.70, down roughly 15.0 year-to-date.

January 11, 2016

U.S. markets continued to fall Monday as oil prices fell below $32.00 a barrel, hitting a new 12-year low. The Dow Jones Industrial Average declined 0.18 percent to close at 16,317.55, while the S&P 500 Index fell 0.41 percent to close at 1,914.39. Growing concerns of an economic slowdown in China, the world’s second largest oil consumer, has put major pressure on oil prices in 2016. On Monday, the Shanghai Composite Index fell 5.3 percent to close at 3016.70, down roughly 15.0 year-to-date.

January 7, 2016

Research Driven Investing Provides Stock Research on ConocoPhillips and Chevron