Are Stocks Undervalued Right Now ?
In 2008, the U.S. stock market went from gangbusters to just plain busted: The world’s most watched equity index, the Dow Jones Industrial Average, plummeted 30%, while the S&P 500 plunged 45% to an 11-year low. All in all, it was the most severe annual loss for both indexes since the Great Depression. Does it [...]
Sector Watch: Good, Bad & Ugly
Education: Good sector Shares of ITT Educational Services Inc (ESI) lifted educational stocks on Thursday after the company reported fourth-quarter earnings of $1.61 a share on revenue of $279.8 million, above Wall St estimates of $1.44 a share and $270.7 million in revenue. Shares rose nearly 11 percent to $126,73. Fellow education provider DeVry Inc [...]
Excellent Analysis From TheBestNewsletters.com
Its been a while since I read something about the stock market that made sense. Enjoy the post. As longtime readers know, we don’t put much stock in making market predictions. We’ve borrowed Marty Zweig’s famous quote many times in the past and think it is once again appropriate today. Marty said “Those who rely [...]