Sunday Night Futures
-
Weekend:
• Schedule for Week of November 24, 2024
Monday:
• At 8:30 AM ET, *Chicago Fed National Activity Index* for October. This is
a composite index of ...
4 hours ago
Posts
Subscribe to:
Post Comments (Atom)
3 comments:
It was also hard to parse, although a worthy attempt!
http://finance.yahoo.com/echarts?s=aci#chart9:symbol=aci;range=19980401,20080505;compare=pot+brka;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off
I have a suspicion that some of these spectacular gains are going to be deleted.
OriginalFrank,
Nest Egg Binding is clearly a very complicated and dangerous subject. Perhaps I should have run it through some sort of translator. ;)
http://www.whoohoo.co.uk/irish-translator.asp
Anonymous,
There was a headline within your link that caught my eye.
Can Commodity Stock Party Continue?
http://biz.yahoo.com/ibd/080430/funds.html?.v=1
I'm torn between three answers.
1. Yes, if we hyperinflate.
2. No, if you have to ask how much it costs you simply can't afford it.
3. Maybe, but since when did $4 gasoline become a party?
Invest accordingly!
April 14, 2000
Nasdaq: What Goes Up...
http://cowles.econ.yale.edu/news/shiller/rjs_00-04-14_wsj_nasdaq.htm
First, there is no question that we are living through a period of technological change that is at least as important as the industrial revolution at the end of the 19thcentury. The information revolution is transforming the way we communicate, the way consumers and businesses make purchases and the way we learn. Use of the Internet doubles every several months and the process is probably in its infancy. There is no doubt that the success of the tech-heavy Nasdaq in part reflects the real transformation of our global economy.
Second, the initial rise in the value of Nasdaq stocks undoubtedly generated what Mr. Shiller calls a "positive-feed backloop" that pulled larger and larger groups of investors into the stock market. The prices of tech stocks are now discussed with as much fervor as sports scores. Ordinary individuals rushed to buy these stocks simply because they were going up and because friends and neighbors talked of having "made a killing" in tech stocks.
The third point has to do with the rise in momentum investing and the self-fulfilling effect of huge mutual-fund flows into high-tech funds. For years, financial economists have isolated various regularities -- or predictabilities -- in the stock market. Returns, for example, have been claimed to be predictable on the basis of certain valuation metrics such as price/earnings multiples and price/book value ratios, or other characteristics such as size. But the only predictable pattern that has worked dependably over the past few years has been momentum investing -- the practice of buying stocks or market indices on the basis of their recent performance.
Gosh that rings a bell. I sure hope #2 ends up being the right answer (eventually).
Post a Comment