S&P Hits 2000; What’s Next? Market professionals use the Standard & Poor’s index of 500 stocks rather than the popular Dow Jones Industrial package of 30. Still, if you ask one of them how the market is doing, she will probably respond with the change in the Dow. The DJIA has greater historical roots, […]
Tag: "Federal Reserve"
Quarter’s End As we near the end of the third quarter, stocks are up 6% for the quarter and 15% for the first nine months of the year. These returns are of the S&P 500 stock index, which is running a bit ahead of the popular Dow Jones Industrials Average. The S&P includes Apple and […]
Reverting to the Mean Buying excitement inspired by the news of the successful raid on Osama bin Laden faded in a few hours on the stock market, leaving investors stalemated by absence of any similarly encouraging economic news. The market swings to and fro in response to investor moods of greed versus fear and eliminating […]
Worse Than a Crime The stock market continues to make steady progress. Investing in stocks resembles flying airplanes; things usually work out well although one should never become complacent. The business climate keeps improving, helped by the actions of the Federal Reserve and the accompanying low interest rate environment. Stock prices are not running ahead […]