5B
USA TODAY - L awrence J ournal -W orld WEDNESDAY, AUGUST 24, 2016
AMERICA’S MARKETS
How we’re performing
DID YOU KNOW?
INVESTING ASK MATT
Individuals face less pressure
Facts about America’s investors who use SigFig tracking services:
USA’s portfolio allocation by trade activity Here’s how America’s individual investors are performing based on data from SigFig online investment tracking service:
Q: Should I panic when smart money does? Matt Krantz
mkrantz@usatoday.com USA TODAY
A: Some well-known financiers such as billionaire Carl Icahn and bond fund manager Bill Gross of Janus have warned investors about the market. But long-term investors need to understand their concerns are probably different than yours. Professional money managers need to justify the fees they charge their clients every quarter and year. If they can’t do so, even in the short-term, their customers might shift their money. Pro investors must also consistently
beat the market by a sizable margin in to earn their fees. Smart money investors also need to attract new customers, which often requires making bold calls in the media. Lastly, big-time investors often specialize in a narrow range of investments, so they are more exposed to volatility in their asset class of choice. Individual investors, though, aren’t under all this pressure. Investors who buy diversified baskets of investments aren’t as exposed to a correction in a single asset class such as bonds or U.S. stocks. Also, by choosing low-cost investments, individuals don’t need to worry so much about beating the market. Best of all, individual investors can afford to invest for many years, allowing them to ride out short-term swings.
Sirius XM (SIRI) was the most-traded tech stock among aggressive SigFig portfolios (more than 70% equities).
DOW JONES
DJIA
+4.26
INDUSTRIAL AVERAGE
CHANGE: +.1% YTD: +1,122.27 YTD % CHG: +6.4%
CLOSE: 18,547.30 PREV. CLOSE: 18,529.42 RANGE: 18,545.52-18,631.60
NASDAQ
COMP
+15.48 CHANGE: +.3% YTD: +252.67 YTD % CHG: +5.0%
CLOSE: 5,260.08 PREV. CLOSE: 5,244.60 RANGE: 5,257.90-5,275.74
CLOSE: 2,186.90 PREV. CLOSE: 2,182.64 RANGE: 2,186.80-2,193.42
RUSSELL
RUT
+8.84
COMPOSITE
CLOSE: 1,248.58 PREV. CLOSE: 1,239.74 RANGE: 1,240.60-1,251.32
S&P 500’S BIGGEST GAINERS/LOSERS GAINERS
Company (ticker symbol)
Best Buy (BBY) Advances as earnings boost confidence.
LOSERS
$ Chg
YTD % Chg % Chg
39.23 +6.43
+19.6 +28.8
Price
Chesapeake Energy (CHK) Rises as oil prices rally.
6.46
+.37
+6.1 +43.6
Marathon Oil (MRO) Shares follow advancing oil prices.
16.43
+.79
+5.1 +30.5
CF Industries (CF) Stock rating upgraded to buy at UBS.
24.83
+1.14
+4.8
Range Resources (RRC) Makes up loss on pessimistic insiders.
41.26
+1.83
+4.6 +67.7
Southwestern Energy (SWN) Stock climbs on higher oil prices.
14.04
+.57
+4.2 +97.5
Williams Companies (WMB) Climbs as activist seeks to replace entire board.
28.56
+1.13
+4.1
+11.1
Anadarko Petroleum (APC) Rises along with peers on strong oil.
56.05
+1.78
+3.3
+15.4
Applied Materials (AMAT) Positive note; keeps buy rating at Argus.
29.95
+.90
J.M. Smucker (SJM) Falls on weaker pet food sales forecast.
+4.3
-39.2
67.86 +2.80
5-day avg.: 6-month avg.: Largest holding: Most bought: Most sold:
5-day avg.: 6-month avg.: Largest holding: Most bought: Most sold:
0.19 13.06 AAPL AAPL AAPL
$ Chg
143.63 -12.60
+3.1 +60.4 YTD % Chg % Chg
-8.1
+16.5
4-WEEK TREND
-4.8
-15.6
KLA-Tencor (KLAC) 68.05 Breaks winning streak, heads back to month’s low.
-2.47
-3.5
-1.9
Digital Realty Trust (DLR) Dips early as fund manager decreases.
99.65
-1.96
-1.9
+31.8
Kroger (KR) Downgrades as July sales appear to slow.
32.25
-.61
-1.9
-22.9
Lockheed Martin (LMT) 249.75 Lower as it considers F-16 manufacturing shift to India.
-4.45
-1.8
+15.0
Northrop Grumman (NOC) Reverses gain on upgraded Air Force deal.
-3.76
-1.7
+13.6
ConAgra Foods (CAG) Early drop turns August into losing month.
46.25
-.80
-1.7
+9.7
Whole Foods Market (WFM) Negative note, loses early momentum.
30.56
-.45
-1.5
-8.8
60.45
-.86
-1.4
+15.0
SOURCE: BLOOMBERG AND THE ASSOCIATED PRESS
$31.91
Aug. 23
$250
$224.84
The electric car maker announced a 100-kilowatt-hour battery for its Price: $224.84 Model S and X sedans. Despite reChg: $1.91 cent autopilot crash warnings in $200 % chg: 0.9% July 26 Day’s high/low: Texas, the stock price showed little gains. $228.49/$222.80 4-WEEK TREND
Harley-Davidson
Aug. 23
$60
$54.04
The motorcycle maker unveiled the new Milwaukee Eight engine. Price: $54.04 The new power plant is said to $50 Chg: $0.11 produce up to 10% more torque, % chg: 0.2% July 26 Day’s high/low: helping push shares toward year’s high. $54.65/$53.84 Fund, ranked by size Vanguard 500Adml Vanguard TotStIAdm Vanguard InstIdxI Vanguard TotStIdx Vanguard InstPlus Vanguard TotIntl Fidelity Contra American Funds IncAmerA m American Funds GrthAmA m American Funds CapIncBuA m
NAV 202.43 54.73 200.46 54.71 200.48 15.21 102.33 21.76 44.01 59.85
4wk 1 +0.8% +1.0% +0.8% +1.0% +0.8% +3.7% +1.7% +0.1% +2.6% +0.1%
YTD 1 +8.5% +8.7% +8.5% +8.7% +8.5% +6.6% +4.2% +9.3% +6.6% +9.1%
1 – CAPITAL GAINS AND DIVIDENDS REINVESTED
ETF, ranked by volume iShs Emerg Mkts SPDR S&P500 ETF Tr VanE Vect Gld Miners US Oil Fund LP Dir Dly Gold Bear3x SPDR Financial ProShs Ultra VIX ST Barc iPath Vix ST iShares Rus 2000 CS VelSh 3xLongCrude
Ticker EEM SPY GDX USO DUST XLF UVXY VXX IWM UWTI
Close 36.95 218.97 29.02 11.09 5.94 24.04 19.81 36.20 124.08 26.52
Chg. -0.15 +0.44 -0.44 +0.12 +0.24 +0.03 -0.10 -0.07 +0.86 +0.91
% Chg %YTD -0.4% +14.8% +0.2% +7.4% -1.5% +111.5% +1.1% +0.8% +4.2% unch. +0.1% +0.9% -0.5% unch. -0.2% unch. +0.7% +10.2% +3.6% unch.
INTEREST RATES
MORTGAGE RATES
Type Prime lending Federal funds 3 mo. T-bill 5 yr. T-note 10 yr. T-note
Type 30 yr. fixed 15 yr. fixed 1 yr. ARM 5/1 ARM
Close 6 mo ago 3.50% 3.50% 0.40% 0.38% 0.29% 0.32% 1.14% 1.20% 1.55% 1.72%
Close 6 mo ago 3.39% 3.68% 2.66% 2.83% 2.79% 2.72% 2.86% 3.27%
SOURCE: BANKRATE.COM
Commodities Close Prev. Cattle (lb.) 1.13 1.13 Corn (bushel) 3.29 3.33 Gold (troy oz.) 1,340.60 1,337.70 Hogs, lean (lb.) .61 .61 Natural Gas (Btu.) 2.76 2.68 Oil, heating (gal.) 1.50 1.49 Oil, lt. swt. crude (bar.) 48.10 47.41 Silver (troy oz.) 18.91 18.84 Soybeans (bushel) 10.34 10.35 Wheat (bushel) 4.08 4.15
Chg. unch. -0.04 +2.90 unch. +0.08 +0.01 +0.69 +0.07 -0.01 -0.07
% Chg. unch. -1.4% +0.2% unch. +3.1% +1.0% +1.5% +0.4% -0.1% -1.8%
% YTD -16.6% -8.4% +26.4% +1.2% +18.1% +36.4% +29.9% +37.3% +18.7% -13.2%
FOREIGN CURRENCIES Currency per dollar British pound Canadian dollar Chinese yuan Euro Japanese yen Mexican peso
Close .7580 1.2909 6.6433 .8846 100.22 18.4706
Prev. .7614 1.2953 6.6571 .8832 100.29 18.2902
6 mo. ago .7135 1.3759 6.5266 .9083 112.06 18.2039
Yr. ago .6370 1.3172 6.3876 .8805 122.09 16.9785
Close 10,592.88 22,998.93 16,497.36 6,868.51 47,666.02
Prev. Change 10,494.35 +98.53 22,997.91 +1.02 16,598.19 -100.83 6,828.54 +39.97 48,293.47 -627.44
SECTOR
PERFORMANCE DAILY YTD
Energy
0.7%
Utilities
-0.4% 15.9%
Materials
0.9%
13.6%
Industrials
0.1%
11.3%
Technology
0.4%
10.2%
Telcom
0.4%
8.9%
Consumer discret. 0.5%
4.7%
Health care
0.1%
3.5%
Financials
0.1%
0.9%
CBOE VOLATILITY INDEX Measures expected market volatility based on S&P 500 index options pricing:
12.42
SOURCES: MORNINGSTAR, DOW JONES INDEXES, THE ASSOCIATED PRESS
20 30
10
40
0
0.15 (+12.42%)
S&P 500 P/E RATIO The price-to-earnings ratio, based on trailing 12-month “operating” earnings: 20
22.15 30
10 %Chg. YTD % +0.9% -1.4% unch. +5.0% -0.6% -13.3% +0.6% +10.0% -1.3% +10.9%
16.2%
Consumer staples -0.2% 8.7%
FOREIGN MARKETS Country Frankfurt Hong Kong Japan (Nikkei) London Mexico City
Aug. 23
MARKET PERFORMANCE BY SECTOR Chg. +0.40 +0.14 +0.39 +0.15 +0.40 +0.04 +0.27 +0.03 +0.13 +0.14
COMMODITIES -2.28
214.50
-0.01 10.50 AAPL AAPL AAPL
POWERED BY SIGFIG
Orders for new homes in the third $35 quarter rose the most in two years Price: $31.91 and the company posted a big Chg: $2.58 jump in revenue. Along with up- $25 % chg: 8.8% beat new home sales data, the July 26 Day’s high/low: stock price nearly evens 2016. $32.25/$29.52 4-WEEK TREND
-20.8
Mylan NV (MYL) 45.62 Continues to face public criticism on high EpiPen prices.
Campbell Soup (CPB) Reverses gain on dividend declaration.
AGGRESSIVE 100%-plus turnover
TOP 10 EXCHANGE TRADED FUNDS
Price
0.11 12.72 AAPL AAPL AAPL
VERY ACTIVE 51%-100% turnover
TOP 10 MUTUAL FUNDS
Delphi Automotive (DLPH) Shares up on Mobileye partnership.
Company (ticker symbol)
5-day avg.: 6-month avg.: Largest holding: Most bought: Most sold:
0.07 11.98 AAPL AAPL AAPL
Tesla
RUSSELL 2000 INDEX
CHANGE: +.7% YTD: +112.69 YTD % CHG: +9.9%
5-day avg.: 6-month avg.: Largest holding: Most bought: Most sold:
STORY STOCKS Toll Brothers
STANDARD & POOR'S
CHANGE: +.2% YTD: +142.96 YTD % CHG: +7.0%
ACTIVE 11%-50% turnover
More than half a million investors nationwide with total assets of $200 billion manage their investment portfolios online with SigFig investment tracking service. Data on this page are based on SigFig analysis.
S&P 500
SPX
BUY AND HOLD Less than 10% turnover
NOTE: INFORMATION PROVIDED BY SIGFIG IS STATISTICAL IN NATURE AND DOES NOT CONSTITUTE A RECOMMENDATION OF ANY STRATEGY OR SECURITY. VISIT SIGFIG.USATODAY.COM/DISCLOSE FOR ADDITIONAL DISCLOSURES AND INFORMATION.
POWERED BY SIGFIG
MAJOR INDEXES +17.88
ALL THE MARKET ACTION IN REAL TIME. AMERICASMARKETS.USATODAY.COM
40
0 SOURCE BLOOMBERG
+0.05 (+0.2%)
IN-DEPTH MARKETS COVERAGE USATODAY.COM/MONEY
New-home sales hit highest level since October ’07 Athena Cao USA TODAY
New-home sales surged in July to the highest level in almost nine years as strong demand amid low interest rates and low existing inventory helped boost the housing market. Sales of new single-family homes jumped 12.4% from June to a seasonally adjusted annual rate of 654,000, the highest level since October 2007. Sales were 31.3% above their showing a year ago, the Commerce Department
reported Tuesday. Homes were sold at a median price of $294,600 in July, and the average price was $355,800. While new-home sales figures are usually volatile, the July report is a rare case, said Ralph McLaughlin, chief economist at Trulia. “The year-over-year change is statistically significant, indicating the surge in sales can be taken with more than just a grain of salt,” he said. The supply of new homes fell for a second month in a row to a supply of 4.3 months at the cur-
JOHN BAZEMORE, AP
rent sales pace. Inventory of existing homes slipped in June to 4.6 months from May. A supply of six months is considered the benchmark for a balanced mar-
ket. The shrinking supply shows solid demand, McLaughlin said. In the South, the largest market among the four regions tracked by the Census, transactions on new homes grew 18.1%. The Northeast grew 40% and the Midwest saw a 1.2% rise. Sales in the West were flat. Houses priced from $200,000 to $399,999 remain the bulk of total sales, while transactions of homes with a price tag below $150,000 or higher than $750,000 increased from June. With strong demand, persisting high sales and low inventory,
price hikes could be on the way if homebuilders don’t up their production, said Matthew Pointon, property economist at Capital Economics. “The fact housing starts have stalled of late is therefore something of a concern, but we suspect activity will pick up soon as builders shift their focus towards lower-priced/higher volume singlefamily starter homes,” he said, adding “the delay between housing starts and completions suggests conditions in the new-home sector will remain tight for a few months yet.”