Tag Archives: nasdaq

Stock Market News for December 30, 2015

Broad based gains in technology stocks and a rebound in oil prices helped benchmarks end in the green on Tuesday. The technology sector was mostly led higher by gains in Alphabet and Apple. Meanwhile, oil prices moved north as

Market Lab Report – Premarket Pulse 12/30/15

Major averages rose above resistance points on mixed but well below average volume. As stated in prior reports, light non-institutional volumes this time of year can exaggerate market moves in either direction. Therefore it is difficult to call a change of major trend, particularly since yesterday’s gap-up move was attributed to rising oil prices. Oil-related names led the rally early in the day but faded as big-cap NASDAQ names and the NASDAQ 100 Index led the charge. In contrast, this morning oil is off more than 2% as Saudi Arabia says it will no longer limit its production of oil. U.S. stock market futures are feeling the pressure trading down roughly 0.2% at the time of this writing. Over in Europe, stock markets are overall on track for their worst December in more than a decade as another selloff in commodities pushes stocks lower.Â

MLP And Small Cap Growth: 2 ETFs To Watch On Outsized Volume

In the last trading session, the U.S. stocks ended slightly lower but booked solid gains for the shortened Christmas week. Among the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) and the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) lose 0.3% each and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move lower by 0.02% on the day. Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs ones to watch out for in the days ahead to see if this trend of extra-interest continues: i Path S&P MLP ETN (NYSEARCA: IMLP ): Volume 6.01 times average This MLP ETF was under the microscope in the last trading session as around 717,000 shares moved hands. This compares with an average trading day of around 146,000 shares and came as IMLP gained 0.8% in the session. The movement can largely be blamed on the pre-Christmas rally in oil price following the better-than-expected inventory data and a bullish report from OPEC that can have a big impact on the MLP stocks like what we find in this ETF portfolio. IMLP was down 5.2% in the past one month. Vanguard Russell 2000 ETF (VTWO ): Volume 2.50 times average This small cap growth ETF was in focus in the last trading session as more than 138,000 shares moved hands compared with an average of roughly 57,000 shares a day. We also saw some price movement as VTWO gained 0.4% in the session. The big move was largely the result of the anticipation of a Santa Claus rally. In the past one-month period, VTWO was down 3.9% and has a Zacks ETF Rank of 2 or ‘Buy’ rating with a Medium risk outlook. Link to the original post on Zacks.com