Apple missed earnings and the stock fell 4% based on concern that iPhone sales were slowing and revenue was weaker than expected. To some, this means that the profit trajectory for this company is irrevocably changed and further growth will likely be negatively impacted on an ongoing basis. To us however, the 4% drop on Wednesday provided us an opportunity to add to our position.
It's a sad thing to watch. A great brand and a company with a dominant position slides into obscurity. Such would be appear to be the case with Research In Motion as competitors pounce on its missteps. The world appears to have found an alternative to its Blackberry addiction.
What will have the most important impact this year is the action taken by Ben Bernanke and the Federal Reserve.
Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.
Investor panic and euphoria is an amazing thing. Take the example of Apple and investor's perspectives on yesterday's earnings report. There is no better example of investor tendencies to react emotionally that the recent angst regarding recent Apple share price movement.
The low-cost advantage that China once enjoyed is starting to fade. The Chinese are beginning to outsource to India and Africa.
Japan's prime minister will have a tough job in trying to convince the G-8 next month that his "three arrows" stimulus program is not just a subterfuge to boost exports.
President Obama's proposal to forgive billions in student debt will encourage students and parents to continue to make poor choices and embolden colleges to push up tuition.
Currency pairs rarely trade where they "should," says this forex expert, but he goes ahead and attempts a forecast for the dollar/yen.