29.950High29.395Low346.17KVolume29.460Open29.570Pre Close10.31MTurnover7.53%Turnover Ratio--P/E (Static)4.60MShares33.91052wk High--P/B137.17MFloat Cap25.92052wk Low--Dividend TTM4.60MShs Float46.680Historical High--Div YieldTTM1.88%Amplitude5.910Historical Low29.783Avg Price1Lot Size
This week, investors should keep an eye on earnings reports from $Lennar Corp (LEN.US)$ and $CarMax (KMX.US)$.
Lennar earnings preview
Lennar reveals earnings for the most recent quarter on June 17.
19 analysts forecast earnings of $3.23 per share as opposed to earnings of $3.01 in the same quarter of the previous year.
Lennar is expected to report sales of $8.48 billion, an increase of 5.48% ove...
Summary - What Is Happening In The Markets
Riding on the "good news is bad news" sentiment now, US stock indices traded mixed overnight, with NASDAQ futures edging higher by only +0.46%. Consumer confidence index edged higher, showing that consumers are still generally optimistic regarding the state of the US economy. Further, last night's US 2-year treasury auction saw a weaker than expected auction causing the lat...
Summary - What Is Happening In The Markets
U.S equity markets took a breather and held steady overnight. S&P and NASDAQ futures index both dipped by -0.26%and -0.3% respectively. This was more due to the profit-taking moves by traders since the major indices made new highs. Unemployment claims data last night fell but not as much as the market expected, showing that we are still seeing some softness in th...
- Dow Jones Industrial Average: -0.21%
- S&P 500 Index: -0.02%
- Nasdaq Composite: +0.29%
Bonds:
- 10-year US Treasury yield: -1.18 basis points, at 4.4845%
- 2-year US Treasury yield: -0.64 basis points, at 4.8591%
Commodities:
- WTI June Crude Oil Futures: +$0.86, +1.10%, at $79.12/barrel
- Brent July Crude Oil Futures: +$0.57, +0.69%, at $82.79/barrel
- COMEX Gold Futures: -1.04%, at $2369.1/ounce
- LME Tin and Zinc: +~2.3%
- LME Copper, Lead, and Nickel: +~1%
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Crude Oil Futures(JAN5) (CLmain.US)$ $Brent Last Day Financial Futures(JAN5) (BZmain.US)$ $United Sts Brent Oil Fd Lp Unit (BNO.US)$ $Cboe/COMEX Gold Volatility Index (.GVX.US)$
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With interest rates and inflation being the main concern for investors these days, all eyes will be on the Federal Reserve's interest rate decision coming this Wednesday.
Many analysts are calling for a resurgence in inflation. While the Federal Reserve has been standing by their word, saying that inflation is under control and we are on the path towards rate cuts this year.
If the Fed believes that inflation is no longer...
Recently, natural gas futures had a big rally. This was mostly due to the spat of severely cold weather that came unexpectedly and spread across the entire United States.
Economic data in the U.S. has shown that natural gas in storage has been dropping since the beginning of December. Based on the laws of supply and demand, this could have added upward pressure on the price of the commodity.
It should be noted that nat...
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