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S&P 500 doubles since 2009

Started by Noah, Apr 12 2012 07:52 AM

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#1
Noah

Posted 12 April 2012 - 07:52 AM

Si vis pacem, para bellum

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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....o-s-p-500.html

After everything is said and done, more is said than done. - Noah

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#2
jacobp

Posted 12 April 2012 - 08:17 AM

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Apple Stock is a wonderful thing.

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#3
A10Rebel

Posted 12 April 2012 - 03:28 PM

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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.

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#4
NextYearIsHere

Posted 14 April 2012 - 11:34 AM

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shit..... i should have bought some apple stock

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