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Stock Market Weekly Recap! August 19, 2017

6.1K views
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August 19, 2017
by
Financial Education
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Stock Market Weekly Recap! August 19, 2017

TL;DR

This video provides a recap of the performance of the stock market in the week of August 19th, with a focus on the biggest movers, news stories, and a preview of the upcoming week in the stock market.

Transcript

to many subscribers thank you so much for joining me today I am Jeremy this is the financial education Channel and today we're doing stock market weekly recap number 28 ever in history guys we're recapping the August 19th 2017 week we're going to look at what the markets did this week or look at some of the stocks and that with up and down the most... Read More

Key Insights

  • 🫰 The stock market had a tough week, with all major indices experiencing a decrease in value.
  • 😀 Snapchat and Alibaba were among the top-performing stocks, while Foot Locker and Dick's Sporting Goods faced significant declines.
  • 😀 Retail stocks in general struggled, highlighting the challenges that the industry is currently facing.
  • ❎ Political instability can have a negative impact on the stock market by creating uncertainty and affecting decision-making.
  • ✋ The high turnover rate in the White House raises concerns about the ability to attract and retain talented individuals.
  • 😀 The retail industry is facing significant challenges due to declining sales and increased competition from online retailers.
  • 🔫 Gun-related companies, such as Cabela's and Dick's Sporting Goods, are being negatively affected by declining sales of firearms.

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Questions & Answers

Q: What were the biggest movers in the stock market this week?

Some of the biggest movers were Snapchat, Alibaba, Foot Locker, Dick's Sporting Goods, and L Brands. Snapchat saw a significant increase of over 18% in its stock price, while Foot Locker and Dick's Sporting Goods experienced a decrease of over 20% each.

Q: Why did Snapchat's stock price increase so much this week?

There are three reasons behind Snapchat's stock price increase. Firstly, the company reported positive earnings, which exceeded expectations. Secondly, there is optimism regarding the company's future growth potential. Lastly, the stock may have been undervalued previously, leading to a "comeback" in its stock price.

Q: Why did retail stocks such as Foot Locker and Dick's Sporting Goods have a challenging week?

Retail stocks struggled due to a combination of factors, including declining sales and increased competition from online retail giants like Amazon. Additionally, concerns about the overall retail industry, as well as the weakening economy, may have contributed to the decrease in stock prices for these companies.

Q: What impact did political instability have on the stock market this week?

The video highlights concerns about the high turnover rate in the White House and how it reflects on decision-making abilities. This instability can create uncertainty for investors and businesses, potentially leading to increased volatility in the stock market.

Summary & Key Takeaways

  • The Dow Jones, Nasdaq, and S&P 500 all had a tough week, with each of them experiencing a decrease in value.

  • Snapchat, Alibaba, and YouMe were some of the stocks that performed well, with significant increases in their value.

  • Retail stocks, such as Foot Locker, Dick's Sporting Goods, and L Brands, had a challenging week and saw a decrease in their stock prices.


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