As virtually everyone knows, Apple has had a sweet run of late. But many investors — and you may be one of them even if you don’t realize it — have even started to worry that they may actually own too much.
It’s been a heady week for the markets: The Dow Jones Industrials burst through 13,000; the Nasdaq skipped over 3,000 for the first time since 1999; and yesterday the S&P500 topped 1,400 for the first time in almost four years. Meanwhile, the US Treasury market took it on the chin because any hint of good [...]
The 2012 “Forbes’ Billionaires List” generates a lot of coverage on how the most wealthy make and spend their money. Overlooked is how regular investors can cash in on these billionaires’ success.
Wall Street enjoyed a broad-based rally on Friday as two key stock indexes rose to the highest levels since before the Great Recession, propelled by better-than-expected employment data released earlier in the day. The strong upward movement by stocks suggests that investors are gaining confidence in the U.S. economic recovery and putting money back to [...]
This global equity snapshot by Bloomberg’s Michael McDonough is a great way to step back from all the crazy market gyrations and give your stomach a break (hat tip Felix Salmon). I’m not saying the daily churn is going away (in fact, I think just the opposite). But in the grand scheme of things, our [...]
It’s more than just what on the floor (Photo: Mike Segar/REUTERS) For the second day in the row, the US stock market plunged, and then bounced back. Hurt, yes, but shares were not beaten, even as investors had to worry about the double whammy of concerns of nuclear contamination in Japan and a housing report [...]
As you give a prayer of thanks on this forthcoming American holiday, you ought not forget that nice stock market rally that has taken place this autumn. Only problem is, the gains might be gone before your turkey leftovers run out.
Blockbuster Was Relying on a Drink Island to Revive Stores Back in April, months or years after lots of other people, I got the idea that there was no way video chain Blockbuster could avoid bankruptcy. So I went to talk to a few people about how the company got into its sorry situation and [...]
It seemed like more Detroit delusions when General Motors CEO Ed Whitacre predicted in March that the government would eventually make money on its bailout of the beleaguered auto maker. But just three months later, General Motors increasingly looks like it is ready to exit the chop shop. Things have actually been turning around for [...]
How low will BP stock go? Today’s guess: All the way to zero. Already, the oil spill in the gulf has caused BP shares to drop to $30 from $60. That’s a loss in total market value of $90 billion. Earlier on this blog, I sided with the camp that thought BP might be a [...]
