Rover's Weekly Market Brief — 9/13/2019

September 13, 2019 Printer Friendly Printer Friendly


DJIA: 27,219.50 (+1.57%)

NASDAQ: 8,177.00 (+0.91%)

S&P 500: 3,007.39 (+0.96%)


Gold: 1,500.80 (-0.54%)

Copper: 264.05 (+0.25%)

Crude Oil: 55.09 (-2.53%)

New Video on the Insight Panel

The Insight Panel is chock full of high level investment information to help you make better, more informed decisions on stocks, ETFs and mutual funds. See all it can do it our brand new video, which you can watch here.

Guru Portfolio Updates

We’ve updated our Guru Portfolios! You can see a full list of the portfolios here and download the latest updates from the Stock Rover Library.


Job openings fell to 7.218 million in July, the lowest level in five months and June’s job openings were revised downward by -100,000 to 7.248 million. Job openings increased for information (+42,000) and mining and logging (+11,000), but fell for wholesale trade (-55,000) and federal government (-11,000). Hires increased by +237,000 to 6.0 million, but that increase was less than the +246,000 increase in separations, which totaled 5.8 million for the month. The largest change in separations was a +130,000 increase in voluntary quits to series high of 3.6 million. Over the past 12 months there have been 69.6 million hires and 67.0 million separations yielding a net gain of 2.6 million jobs.

Prices paid by producers for services grew +0.3% in August but goods prices fell -0.5% to limit overall final demand producer prices to a +0.1% gain for the month, ticking the yearly rate up by +0.1% to 1.8%. A +6.4% increase in guest room rental prices was noted as a major factor in service price increases, while machinery and vehicle wholesaling fell -4.2%. Although food prices dropped for the month, over 80% of the drop in goods prices was attributable to a -2.5% drop in energy prices, which was itself due to a -6.6% drop in gasoline prices. Excluding food and energy prices, producer prices were up +0.3% for the month and +2.3% for the year. Excluding trade services, which measure retail and wholesale prices, in addition to food and energy, prices were up +0.4% for the month and +1.9% for the year.

Retail sales rose +0.4% in August (+4.1% Y/Y), and July’s sales were revised upwards +0.1% to +0.8%. Auto sales showed the strongest monthly gain at +1.8%, followed by nonstore (i.e. internet) retailers at +1.6%, building material/garden supply dealers at +1.4%, and sporting goods/hobby stores at +0.9%. Sales dropped sharply for restaurants (-1.2%), clothing stores (-0.9%), and gasoline stations (-0.9%), which were affected by a drop in the price of gasoline. Sales dropped -1.1% at department stores, which dragged down overall general merchandise sales to a -0.3% drop for the month. On a yearly basis, nonstore retailers gained the most at +16.0%, followed by automobile sales (+6.8%), “miscellaneous” stores (+4.7%), and food and beverage stores (+4.3%). Sales dropped for the year for department stores (-5.4%), electronics & appliance stores (-3.5%), and gasoline stations (-2.3%).

Upcoming Economic Reports:

Tuesday September 17 – Industrial Production

Wednesday September 18 – FOMC Meeting Announcement

Earnings Calendar:


Monday Tuesday Wednesday Thursday Friday
S&W Seed
PB Bancorp
Concrete Pumping