|
About Me As a man thinks, so he is. Some people are never. Recent Posts
Categories
Links
CarSpace Alternate RouteTurn off the nav system, crumple up that MapQuest printout, and let's find out where the next random turn may take us! May 5, 2009 - In The Black?
Stocks of individual interest Dow 8426.74 +401.74 (+5.01%) While the news lately has been plastered with stories about Chrysler and GM, things aren't as bleak as the headlines it takes to sell newspapers might make you believe. Year-to-date, the AR Index, shown in today's chart, is up 51%, powered by a 26% rise in Toyota and a skyrocketing Ford, which is up 127% this year, offsetting the 51% drop in GM stock over the same period. I know that nobody seems to want to believe it, but business is cyclical, and what's down will eventually swing up, even if a company disappears along the way in the survival-of-the-fittest business world. Stop listening to the "we're all gonna die" news once in a while and you just might see the brighter side of things.
|