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

Meta Platforms Inc reported strong earnings, but the stock fell due to market mechanics and economic uncertainty. The company's stock fell as it pointed out that Meta is an advertising business and the economic environment is uncertain. The stock market's reaction to Meta's earnings is similar to its reaction to Alphabet's earnings. The economy is running hot with Q3 GDP-Adv at 4.9% vs. 4.7% consensus and durable orders at 4.7% vs. 1.5% consensus. Money flows are positive in Meta but negative in Apple, Amazon, Alphabet, Microsoft, NVIDIA, and Tesla. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

October 26, 2023 | 3:20 pm

The article discusses the impact of artificial intelligence (AI) on the performance of major companies, particularly Alphabet Inc (GOOG), Microsoft Corp (MSFT), Texas Instruments Inc (TXN), and Taiwan Semiconductor Mfg. Co. Ltd. (TSM). It suggests that Microsoft's lead in AI has helped it attract more clients to its cloud, while Alphabet's lagging cloud growth is due to its weaker AI capabilities. Similarly, TSM's exposure to AI is seen as a positive factor, while TXN's lack of AI exposure is viewed negatively. The article also mentions positive earnings from Boeing Co (BA), General Dynamics Corp (GD), and T-Mobile Us Inc (TMUS).

Portfolio Pulse from The Arora Report

October 25, 2023 | 2:53 pm

The pullback in yields is bringing in buyers to the stock market, with notable earnings reports from Microsoft Corp and Alphabet Inc Class C expected after market close. Earnings from Coca-Cola Co, Verizon Communications Inc., Rtx Corp, Dow Inc, 3M Co, Sherwin-Williams Co, General Motors Co, and General Electric Co are better than expected, while earnings from HCA Healthcare Inc, AGNC Investment Corp, Corning Incorporated, Packaging Corp Of America, and Polaris Inc are worse than expected. Positive money flows are observed in Microsoft, Alphabet, Meta Platforms Inc, Amazon.com, Inc., NVIDIA Corp, and Tesla Inc, while neutral in Apple Inc, and mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. The article also mentions buying in Bitcoin and speculative stocks.

Portfolio Pulse from The Arora Report

October 24, 2023 | 3:14 pm

The Arora Report suggests that gold may break above the resistance zone, with significant buying likely coming from Asia. The 10-year Treasury yields are near 5%, causing volatility as Wall Street machines sell stocks on yields above 5% and buy on yields below 5%. 30% of S&P 500 earnings are this week, with key earnings from Microsoft, Alphabet, Meta Platforms, and Amazon. Early trade money flows are positive in Meta, NVIDIA, and Microsoft, but negative in Amazon, Alphabet, Tesla, and Apple. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Bitcoin is above $30,000 as excitement builds on a potential spot bitcoin ETF.

Portfolio Pulse from The Arora Report

October 23, 2023 | 3:19 pm

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', commented on the recent pullback in gold and silver prices, advocating for a 'Dollar Cost Averaging' investment strategy. He revealed that he has been accumulating gold, silver, Bitcoin, and real estate for years. The iShares Gold Trust (NYSE:IAU) edged up 0.05% to $37.49 in premarket trading on Monday, while the iShares Silver Trust (NYSE:SLV) fell 0.47% to $21.30.

Portfolio Pulse from Shanthi Rexaline

October 23, 2023 | 8:57 am

The Arora Report suggests that the 40-year bull market in bonds and stocks has ended due to the end of four megatrends. Fed Chair Powell and President Biden confirmed the end of two of these megatrends. The report also mentions positive early trade money flows in Meta Platforms Inc and Microsoft Corp, and negative flows in Apple Inc, Amazon.com, Inc., Alphabet Inc Class C, NVIDIA Corp, Tesla Inc, SPDR S&P 500 ETF Trust, and Invesco QQQ Trust Series 1. The report also mentions buying trends in gold, oil, and Bitcoin.

Portfolio Pulse from The Arora Report

October 20, 2023 | 3:36 pm

Tesla's stock is in a downtrend due to rising interest rates, despite the company's strong product lineup and competitive pricing. Taiwan Semiconductor's profits fell by 25%, but the company predicts a drop in industry inventory levels, indicating a potential buying opportunity in semiconductors. Two ETFs, Global X Artificial Intelligence & Technology ETF and VanEck Semiconductor ETF, are of special interest. The market is awaiting Fed Chair Powell's speech for clues on monetary policy. Jobless claims are lower than expected, indicating a strong job market. Nokia is laying off 14,000 employees. Money flows are positive in Amazon, Alphabet, Meta Platforms, Microsoft, and NVIDIA, neutral in Apple, and negative in Tesla.

Portfolio Pulse from The Arora Report

October 19, 2023 | 3:29 pm

The article discusses the current geopolitical tensions and their impact on the financial markets. It highlights the rising oil prices due to the conflict in Gaza and potential political instability. Money is moving into safe havens like gold and Treasury bonds. The article also mentions the impact of US sanctions on the export of AI technology and chips to China, with ASML Holding NV warning of a flat 2024 due to these sanctions. The Chinese economy is performing better than expected, while the Bank of Japan's policy shift could impact US stock and bond markets. The article also mentions negative money flows in several tech companies and ETFs.

Portfolio Pulse from The Arora Report

October 18, 2023 | 5:09 pm

The stock market rally was halted due to a warning from Iran of potential preemptive action against Israel. Strong consumer spending data was released, with retail sales exceeding consensus. President Biden's upcoming visit to Israel is seen as a positive for the market. Earnings from Bank of America Corp (BAC) were better than expected, despite a slowdown in consumer spending. Earnings from Goldman Sachs Group Inc (GS) and Lockheed Martin Corp (LMT) were worse than expected, while Johnson & Johnson (JNJ) exceeded expectations. Early trade money flows were negative in several tech stocks, including Apple Inc (AAPL), Amazon.com, Inc. (AMZN), Alphabet Inc Class C (GOOG), Meta Platforms Inc (META), Microsoft Corp (MSFT), NVIDIA Corp (NVDA), and Tesla Inc (TSLA).

Portfolio Pulse from The Arora Report

October 17, 2023 | 2:42 pm

The article discusses the geopolitical tensions between the US, Iran, and Israel, and their impact on oil prices. It also highlights the Biden administration's move to tighten export controls to prevent China from acquiring advanced technologies, especially in semiconductors. This has implications for semiconductor companies with significant sales in China. The article also mentions positive and negative money flows in various tech companies and ETFs. Finally, it discusses the SEC's decision not to appeal in the Grayscale case, which could potentially lead to Grayscale Bitcoin Trust becoming an ETF.

Portfolio Pulse from The Arora Report

October 16, 2023 | 3:03 pm

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