| DOW FUTURES QUOTE | DATE | VALUE | CHANGE | OPEN | HIGH | LOW | TIME |
|---|---|---|---|---|---|---|---|
| DJIA INDEX | Jun12 | 12,335.00 | -78.00 | 12,420.00 | 12,477.00 | 12,320.00 | 05/18/2012 |
Latest Updates of Dow Futures !
Someone who reads my articles asked me this question: Geoff –I can’t avoid feeling like net-net investing is predicated on selling to a greater fool. In Graham’s day, he was buying institutions of a much higher quality: railroads, etc. Often his bu…
When Rupert Murdoch chose his son James to join him at a crucial meeting with
the Bancroft family in 2007, it was seen as a moment of anointment.Murdoch snr had succeeded in persuading the Bancrofts to talk about selling
Dow Jones (DJI: ^DJI – n…
(Updates prices after stocks trim losses)
* Dow (NYSE: DPD – news) , S&P 500 (SNP: ^GSPC – news) off lows after positive Beige Book report
* Dollar extends gains vs euro, oil tur…
Some celebrated the Dow Jones (INDEX: ^DJI ) finally closing above 13,000 yesterday, but another more-meaningful milestone was recently reached. Adjusted for dividends, the Dow is at an all-time high, surpassing its nominal record set in October 2007:
Source: S&P Capital IQ, using dividend-adjusted returns of SPDR Dow Jones Industrial ETF.
What does this mean? Like Dow 13,000, not much. It’s a psychological milestone that tells us nothing about value, opportunity, or what might happen next.
But what it does say loud and clear: Patient investors win. After the deepest recession since the Great Depression and a near collapse of the global financial system, it took just four years for investors who bought at the very top to recoup their losses. Those who scooped up bargains along the way have done far better.
How have you done over the past four years?
It’s why David recently handpicked a small team of world-class portfolio managers. You see, he thinks these odds can get even better! And he’d like to prove it to you…
Simply enter your email address. And the answer to the question everybody is asking will be delivered to your inbox!
Some celebrated the Dow Jones (INDEX: ^DJI ) finally closing above 13,000 yesterday, but another more-meaningful milestone was recently reached. Adjusted for dividends, the Dow is at an all-time high, surpassing its nominal record set in October 2007:
Source: S&P Capital IQ, using dividend-adjusted returns of SPDR Dow Jones Industrial ETF.
What does this mean? Like Dow 13,000, not much. It’s a psychological milestone that tells us nothing about value, opportunity, or what might happen next.
But what it does say loud and clear: Patient investors win. After the deepest recession since the Great Depression and a near collapse of the global financial system, it took just four years for investors who bought at the very top to recoup their losses. Those who scooped up bargains along the way have done far better.
How have you done over the past four years?
It’s why David recently handpicked a small team of world-class portfolio managers. You see, he thinks these odds can get even better! And he’d like to prove it to you…
Simply enter your email address. And the answer to the question everybody is asking will be delivered to your inbox!
A day after hitting 13,000 for the first time in years, the Dow Jones Industrials (INDEX: ^DJI ) jumped out of the gate this morning as unexpected strength in U.S. figures for gross domestic product helped send the stock market higher. But the market is also nervous and looking for guidance from the Federal Reserve as Ben Bernanke begins testimony before Congress today. At 10:45 a.m. EST, the Dow dropped below the 13,000 level and was down 24 points to 12,981.
Most of the Dow’s tech contingent traded lower as well, as Intel (Nasdaq: INTC ) and Hewlett-Packard both fell more than 1% despite the Nasdaq composite touching the 3,000 mark briefly before falling back. Everyone is focusing on Apple (Nasdaq: AAPL ) eclipsing the $500 billion mark in market cap, but Intel does something the iGiant has been steadfastly unwilling to do: pay a dividend. Intel’s yield of more than 3% has attracted many income-oriented investors for whom Apple shares simply aren’t an option.
Caterpillar (NYSE: CAT ) also gave up ground today after competitor Joy Global (NYSE: JOY ) announced earnings. Joy Global posted revenue growth and earnings-per-share growth figures that exceeded 30% each, yet those figures came in below expectations. Nevertheless, it raised profit guidance for the year. That bodes well for Caterpillar, whose mining equipment business needs strength from miners in order to prosper.
If you want the best stocks possible, the Dow may not be your best answer. Learn about the one stock the Fool’s chief investment officer picked to crush the market in this free report: “The Motley Fool’s Top Stock for 2012.” Instant access is just a click away.
It’s why David recently handpicked a small team of world-class portfolio managers. You see, he thinks these odds can get even better! And he’d like to prove it to you…
Simply enter your email address. And the answer to the question everybody is asking will be delivered to your inbox!
Forbes: Going back to Al Frank, a real person. You cut your eye teeth with him. How would you describe your approach to investing? It’s not quite contrarian, not quite traditional value investing. You have your own metrics – algorithms as we call …
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance par…
LONDON (ShareCast) – SECURITY/SUPPORT/RESISTANCE
EUR/USD: 1.3321/1.3550.
IBEX35: 8,429/8,657.
FTSE100: 5,820/5,964.
S&P 500 (SNP: ^GSPC – news) : 1,292/1,372.
NIKKEI 225 (Osaka: ^N225 – news) : 9,384/10,207.
HANG SENG INDEX: 20,110/22,808….
The main question that many ask themselves is what is the difference between investing and speculation? Benjamin Graham deals with this issue in his book, The Intelligent Investor. Indeed he deals with the issue in the very first page of the book. Gr…
Earnings and book value are part of security analysis but must be used cautiously and as part of a more comprehensive valuation effort. Earnings per share have always been the valuation benchmark that is usually used by investors.However, earnings co…
I’m not sure about Gross and his partner in crime El-Erian. They sure talk a lot.It isn’t that I doubt their brainpower, I just wonder if they are a little too restless.Nevertheless, usually good reading.Main points of his March 2012 letter:Over t…
I’m not sure about Gross and his partner in crime El-Erian. They sure talk a lot.It isn’t that I doubt their brainpower, I just wonder if they are a little too restless.Nevertheless, usually good reading.Main points of his March 2012 letter:Over t…
NEW YORK (Reuters) – Strong U.S. consumer confidence helped extend Wall Street’s rally on Tuesday, with the Dow closing above 13,000 for the first time since May 2008, while oil suffered its biggest loss in 2-1/2 months.
The dollar fell a…
By Barani Krishnan
NEW YORK (Reuters) – Strong U.S. consumer confidence helped extend Wall Street’s rally on Tuesday, with the Dow closing above 13,000 for the first time since May 2008, while oil suffered its biggest loss in 2-1/2 months…
Someone who reads my articles asked me this question:Dear Geoff,I’ve been reading your blog for a little over a year and now that you’ve started writing for GuruFocus exclusively, I thought I’d ask about gurus.Are there any mutual funds, CEFs or acti…
A Consistent, Wide Moat Business Warren Buffett Would Buy
February’s pick is the kind of consistent, wide moat business Warren Buffett would buy if he had a smaller portfolio. It gets 70% of its revenue from foreign sales and spent $2 billion to …
By Rodrigo Campos
NEW YORK (Reuters) – Stocks rose on Tuesday on strong U.S. consumer confidence data, but gains were capped after a report showed a drop in durable goods orders.
Consumer confidence in the world’s largest ec…
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance par…
Domestic housing data, which came in better-than-expected, combined with a drop in crude prices, helped the markets close narrowly higher on Monday. The S&P 500 hit its highest level since pre-recessionary days in May 2008 as it touched an intr…
