Tech stocks have weighed so heavily on the market in 2022, there is a strange disconnect between the Dow Jones industrial average, the S&P 500, average, and the NASDAQ index. – Dow Jones -5% YTD – S&P 500 -15% YTD – NASDAQ -27% I am guessing we have not seen a split like this since the ‘dot-com boom’ busted in the year 2000. Statistics show … Continue reading Time For A Santa Rally?
I worked for three companies during the course of my career. I spent 12 years at the first, was ‘acquired’ by the second (where I spent another 12 years), and capped off my career at the third (for 3 years). All three were large, multinational ‘MegaCorps’ and blue-chip companies. Even though it’s been almost 4 years since I wound down my last days at my … Continue reading Tracking MegaCorp Performance
I met a friend of my wife’s at the garden center this past Monday morning who retired a few years ago after 30+ years at a local MegaCorp. We were talking about the negative fortunes both our former employers have shown in their stock price. Both companies have seen much better days – down 25-40% from their peak a few years ago. He knew a … Continue reading MegaCorp Stock – Trading on the Familiar