Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Wednesday, November 16, 2016
Stock Market: What Is Holding Up The Indexes
In the NYSE there are only a few stocks that are holding up the indexes, Dow Jones Industrials Average (DJIA), the S&P 500 Index and the Nasdaq 100 Index. Ten or fifteen big cap tech stocks like Facebook (FB), Amazon (AMZN), Apple (AAPL), Google (GOOG). The assumption is that all of those stocks are going to continue to grow forever, getting bigger and bigger. Maybe some of them will but looking back at history that is rarely the case. Nothing really goes on forever.
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- The World Never Solved Its Problems By Printing Money
- Finance As An Industry Is In Decline
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- Crude Oil Will Be Trading Higher In A Few Years
- Markets: Cautious On China, Very Bullish on Russia
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- U.S. Elections: I Think Trump Will Win
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- Bullish On Agriculture & Water
- Economic Turmoil Is Coming
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