The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Look at google. Look at that stock up another buck, almost two. Ten year gain up more than 1,000 . Near its all time highs today. Is this stock worth 1100 . Maybe even more, do i hear 1200 . A lot of big movers today. Sue will tell you about some of them at the new york stock exchange. I sure am, thank you. Lets get a check of the markets, first. The dow is down a little today, about 78 points on the trading session. The s p is flat, the nasdaq is up but the big picture doesnt really tell the story today. So we have several really big movers. Remember when we used to talk taser . All the time, practically . The stock is up big today on new orders. Riverbed technology also up big as Elliott Management offers to acquire that company. Soda stream got an upgrade. The stock is bubbling higher and sandisc is up. Plus, theres forest labs, which is buying apdales and micron and constellation are up on earnings. Sales of Mckesson Corporation up as well. Fleer announcing a new product for smartp
Monetizing mobile, and contrary to popular belief, teens are still using it. And General Motors is beating expectations and showing signs of improvement in europe. Plus one of the cars gets a rare award from Consumer Reports. And michael dell is writing a letter saying that he at peace because of what shareholders make. And sac capital could come the kaye and we could come today, and we could have more on that. And at least eight wall street firms raising the stock on facebook and the stock is growing after the Second Quarter results were out last night. They make up 41 of facebooks edadvertising revenue s and Mar Zuckerberg on the Conference Call last night. When it comes to mobile, i am pleased with the results. We have more actives on mobile than desktops and more than half a billion people use facebook on their mobile than desktop. And jim, everybody is buzzing that it is within 14 of the ipo price of 38. Well, it is a big position for the Charitable Trust and looking bad for a whi
Sight with this week representing the second best performing set of sessions since the beginning of the year . S p rising. Nasdaq even advancing 1. 7 . I urge you, dont get too complacent. Next week we get the real test of the bull of the month, when the fed meets on tuesday and wednesday. Spells out whats going to happen with this Bond Buying Program that seems to be quite infe ineffectual of late. Given that Interest Rates currently available in the 10year treasury nearly doubled since the spring. Thats where our game plan begins. Lets stipulate the importance of this spending. Remember risk on, risk off . Remember that bit of tom foolery garbage you were subjected to constantly . Supposed to sell or buy stocks, depending on some read, of whether people were feeling bullish or bearish or risky or something . Im glad i stomped it out. How about fed tapering . The process by which the fed will scale back its Bond Buying Program. We have been playing that game for too long. You missed t
Sean O’Harrow in August became the chief executive and president at the Santa Ana-based museum, which ranks No. 57 on the Business Journal’s annual list of nonprofits, with revenue up 29% to $9.3 million for the 12-month period ended June 30.