Streetbeat News

SLV

iShares Silver Trust

http://www.ishares.com

Industry

Asset Management

The Trust seeks to reflect such performance before payment of the Trust's expenses and liabilities. It is not actively managed. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver.

Open

28.04

Mkt cap

9.4B

Volume

18M

High

28.07

P/E Ratio

-7.97

52-wk high

31.80

Low

27.50

Div yield

N/A

52-wk low

20.07

The stock market rally initiated by Powell's dovish stance has reversed, with The Arora Report's caution proving accurate. Ahead are Apple's earnings and a significant jobs report, with mixed expectations for Apple due to challenges in China and competition from Huawei. Money flows are positive for major tech stocks and ETFs like SPY and QQQ, with the momo crowd buying aggressively. Significant selling in gold and oil was noted, while Bitcoin sees buying on dovish Powell sentiments.

Portfolio Pulse from The Arora Report

May 02, 2024 | 4:50 pm

Gold and silver prices have increased as the US dollar weakened following comments from Fed Chair Powell, who stated that the next policy rate move is unlikely to be a rate hike. This has implications for assets related to gold and silver.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 7:10 pm

Super Micro Computer Inc (SMCI) experienced a significant drop, illustrating the volatility and risks in artificial intelligence (AI) investments. The article emphasizes the importance of prudent investment strategies, highlighting the differences between SMCI and other tech companies like Nvidia (NVDA). It also discusses the broader stock market's dependence on Federal Reserve decisions, with a focus on the upcoming FOMC meeting. Additionally, it provides insights into current money flows in major tech stocks and sectors, including the performance of gold, oil, and Bitcoin.

Portfolio Pulse from The Arora Report

May 01, 2024 | 2:57 pm

Gold and silver prices are trading lower due to a strengthening dollar.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 7:18 pm

Samsung Electronics Co Ltd (OTC:SSNLF) has surpassed Apple Inc (NASDAQ:AAPL) as the largest provider of smartphones, driven by its AI phone's popularity. Eli Lilly And Co (NYSE:LLY) and NXP Semiconductors NV (NASDAQ:NXPI) reported earnings above consensus, with LLY raising its FY24 EPS projection. Advanced Micro Devices, Inc. (NASDAQ:AMD), Amazon.com, Inc. (NASDAQ:AMZN), and Super Micro Computer Inc (NASDAQ:SMCI) are set to report earnings, providing further insight into AI demand. The Eurozone economy showed resilience with a Q1 GDP growth of 0.3%. Early trade money flows are positive in AMZN, neutral in AAPL and Alphabet Inc Class C (NASDAQ:GOOG), and negative in Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA), SPDR S&P 500 ETF Trust (NYSE:SPY), and Invesco QQQ Trust Series 1 (NASDAQ:QQQ).

Portfolio Pulse from The Arora Report

April 30, 2024 | 3:19 pm

Tesla's stock jumps $20 on China's in-principle approval of Full Self Driving, partnering with Baidu, lifting both TSLA and AAPL stocks. Apple's risk in China is reduced, but faces increased regulatory pressure in Europe. Japan's forex intervention boosts market sentiment. Early trade money flows are positive for AAPL, AMZN, TSLA; neutral for MSFT, NVDA; negative for GOOG, META; mixed for SPY, QQQ. Gold, oil, and bitcoin markets are also discussed, with investment strategies suggested.

Portfolio Pulse from The Arora Report

April 29, 2024 | 4:28 pm

Meta Platforms Inc (META) fell 15% despite excellent earnings due to AI spending concerns, while Tesla Inc (TSLA) rose 12% on poor earnings but promising AI investment. The divergence is attributed to Wall Street's positioning ahead of the earnings. Other notable earnings include IBM, Caterpillar Inc. (CAT), and Merck & Co Inc (MRK) with mixed results. Early trade shows negative money flows in major tech stocks and ETFs like SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ). The article also discusses market mechanics, treasury auctions, jobless claims, GDP data, and investment strategies.

Portfolio Pulse from The Arora Report

April 25, 2024 | 2:51 pm

Elon Musk's comments on the future of cars and AI have positively influenced the stock market, despite Tesla's worse-than-expected Q1 earnings. Musk's vision for Tesla includes developing low-priced cars, deploying a fleet of 1M robotaxis, and significantly increasing AI training capacity. This has also boosted sentiment for AI-related stocks like NVIDIA, AMD, and others. Additionally, Boeing and Vertiv Holdings reported well-received earnings, and there's strong data on durable orders. Early trade shows positive money flows in several major stocks and ETFs.

Portfolio Pulse from The Arora Report

April 24, 2024 | 3:27 pm

The Arora Report indicates profitable hedges and semiconductor stabilization after a 17% drop, highlighting the sector's leading role and its central position in the AI revolution. Notable earnings from General Motors and Cadence Design Systems show mixed signals for the market. Early trade money flows are positive for several tech giants, neutral for Apple, and mixed for major ETFs. The article also discusses strategies for protection bands and portfolio adjustments in the current market environment.

Portfolio Pulse from The Arora Report

April 23, 2024 | 3:25 pm

The article discusses the significance of Nvidia (NVDA) in the AI market and its recent stock performance, highlighting a 21% drop from its peak. It also notes the importance of upcoming earnings from Tesla (TSLA), Meta (META), Microsoft (MSFT), and Alphabet (GOOGL/GOOG) for the stock market. Positive early trade money flows are observed in AAPL, AMZN, GOOG, META, NVDA, SPY, and QQQ, with neutral flows in MSFT and negative in TSLA. The article also mentions the buying of Bitcoin and selling of gold and oil in early trades.

Portfolio Pulse from The Arora Report

April 22, 2024 | 4:44 pm

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