Markets Go Up?

According to Investopedia, “all stocks around the world tend to rise in the long term.”  They cite as evidence the performance of major common stock averages for a wide range of developed countries over the last 100 years.  For example, selected data for U.S. markets point to a 10.2% average return for the S&P 500 … Continued

Apple and the Averages

Apple’s recently announced a 4 for 1 stock split will present some issues for the Dow Jones Industrial Averages (DJIA) but not the S&P 500. The DJIA is weighted by the market price of the underlying 30 component companies. Currently, Apple accounts for about 10% of the DJIA.  After the split, this will be reduced … Continued