• Announcements

    • Benny

      Forums Restructured   09/22/2016

      A lot of less active forums have been removed and consolidated with larger forums.  SEC Recruiting and Official Game Threads have been merged into SEC Football Talk.  All SEC Social Groups have been moved under their respective team forums. All other Social Groups have been merged into the Water Fountain. Other less active off-topic forums such as Think Tank, SciFi, Gaming, etc, have been merged into the Water Fountain.

Archived

This topic is now archived and is closed to further replies.

Noah

S&P 500 doubles since 2009

4 posts in this topic

While Apple Inc. (AAPL)’s influence on the three-year bull market in American equities is among the biggest ever exerted by a single stock, the rally would be doing just fine without it.

The world’s most valuable company has surged 653 percent since March 9, 2009, accounting for 8 percent of the Standard & Poor’s 500 Index’s climb to 1,368.71 from 676.53, according to data compiled by Bloomberg. The impact is second only to Cisco Systems Inc. (CSCO) between 1998 and 2000, data compiled by Birinyi Associates Inc. show. At the same time, the S&P 500 has almost doubled since March 2009 even when Apple is excluded.

Apple’s ascent is distracting investors from the broadest stock market advance since at least 1990, according to Mike Holland, founder of New York-based Holland & Co., which oversees more than $4 billion.

http://www.bloomberg.com/news/2012-0...o-s-p-500.html

0

Share this post


Link to post
Share on other sites

Election years are always rocky however the first quarter of this year was great in terms of a turn around since we hadn't seen a first quarter like this since 1989. I wouldn't count on it as any indicator also housing is the last to leave a bull and the last to enter albeit the last housing boost was helped enormously...we'll see.

0

Share this post


Link to post
Share on other sites