Closing Bell Review

Damon H solely Microeconomics April 2, 2002 occlusion bell shape The program I reviewed is c e very(prenominal)ed closing Bell, on the assignment of April 2, 2002. It comes on at both oclock and disperses for CNBC ein righteousness weekday that the securities industry placeplaces be open. rough of the topics of banter were obviously what happened in the merc bookise immediately, the levels they unappealing at, and the boost wrongs in commodities especi onlyy in crude crude anele worths. It also had a instalment on the over all recovery of the trade we nuclear number 18 before long try against. A client from the sign of the zodiac Brazo Funds, by the let out of Michael Durante, rundle about the world-beater of microscopic cap exploitation property and analyzed their upstart grocery burns.         Today the Dow J sensations Industrial Average closed down losing 48.99 patchs. It closed virtually to the levels that it opened at this mourning. It didnt wander into authoritative dominion at all during the session. The bulls were sc ard off straight off by rebellion oil harms in the market. Analysts blame the apply market on the fear of rising oil prices. This do somewhat industries, up to now the both toughgest be the product lineline manu incidenturing and manufacturing companies. The airlines mother eventually gotten hoi polloi to start using air travel almost as often as they did ahead September 11th. Unfortunately with the accredited power of the crude oil price, they will grow to chevvy air f atomic number 18 another(prenominal) 8%. This will probably ensue in little tag end sells, and lost revenue if the price of oil sash on the up climb. Manufacturing companies be misfortunate because they require oil for production. The slide fastener levels needed to manufacture goods atomic number 18 extremely high, and they mountt stomach an alternative. In attachment to this fiasco, senior analysts from Goldman Sachs make statements that kernel technology stresss. Most of these stocks be held in the NASDAQ. They spoke gratingly about some of the large names in this market much(prenominal) as Microsoft and solarise Microsystems. As a response many of the tech stocks took a beating devising the NASDAQ closed down 58.22 points today. This is about 3%. To top it off stock advisors everywhere aroma the land that the markets have been struggling belatedly is because companies arnt meeting their gross sales requirements. This is directly link to con sum uper confidence, which is presently near its petty(a)est levels since February of 1994. mass atomic number 18 terrified of losing their jobs, so they feel reluctant to hap currency. Unemployment numbers argon however very uncomfortable, due to the fact that many Ameri bottom of the innings ar take over pay heeding for work. another(prenominal) thorn in the enthronization coin world is that at that place is piffle of short turn elicit rates moving spine upwards. A gentleman by the name of Michael Durante who is the Chief denary Strategist for Brazo Funds, was on the earn today. He express that itty-bitty cap growth funds ar the way to go. They atomic number 18 up about 15% on the year, and be rattling wiping out the allowance of giant caps. He feels that these weensyer companies are still under regularise and will continue to climb. His logical judgeing is that these smaller firms can ordinate to train more than apace than the already well gear up larger companies. I spoke with a local agentive usance named Dennis Hall and he seems to think that this isnt necessarily true. He is more of a long-term investor and feels very comfortable with prodigious names right now. He vocalizes high yield stocks are trading at preposterously high levels, and this includes many small cap businesses. He stated that good, solid, well established companies such as the Blue Chips are not trading very high at all. He is of the opinion that investors are still swinging for the fences, for these second rate stocks. Some of which fatiguet have any earnings. many of the big name stocks are not being bought at these incumbent low levels. He is under the belief that investors feel these pretty some(prenominal) successful investments yield too slowly. con investing is a shitty way to earn coin in my opinion. The market goes done trends and cycles. And if you are not enduring you could pay a plunge price. We exactly got out of the superman COM trend in 1999. Which happened to be the biggest market trend in 50 years. This is when the NASDAQ was at its highest point. The NASDAQ was priced at 5,050 points. If you look at todays climax price of 1804, it will help institute the point. Many tonic investors dont realize that 20 to 30 part gains preliminary to this trend were abnormal to say the to the lowest degree. This is what professionals refer to as a market bubble. A trend that is hyped up tremendously, and comes crashing down. These companies that harbourt make any money are steadily passage out of business, and it just isnt a invulnerable investment for consumers to make. The way to go, at least for now, is to snatch up some of these big name companies who have earnings.

curiously composition there at reasonably low prices. Some volume really dont divvy up however if the familiarity they are debauching has made a dime or not. This all depends on your point of view; weather youre a fundamentalistic or a technician. I runway down to be more of a fundamentalist investor. These are masses of the industry or base investors that feel there are formulas and ratios to valuing stocks. The most basic measuring stick for fundamentalists is the price to earnings ratio, or P/E ratio. This is simply install by dividing the price of a particular stock by its companies earnings. in that location are several other set tools that fundamentalist exercise. Many of todays brokers believe in this method. On the other hand there is a hatch of investors that feel these fundamentalist techniques are obsolete. These deal are class as technicians or chartists. They look at graphs and charts to evaluate a good buy or sell. They too have an swan of theories in determination the hunting lodge of particular stocks. These are the two most everyday causes of investing. Whichever suit of system you follow, it is good that people disagree with one another. other(a) wise there would be no market. A residue in opinion is what makes a market a market. We canvas this since the begging of microeconomics. It all goes spinal column to the basic principals of depict and demand it is really that simple. My over all assessment of Closing Bell is positive. The goal of the represent is to sum up all the action mechanism of the day in a couple of hours. This destine is an efficacious tool if you fate to have a market summary. Especially if you dont want to watch or have time to see CNBC the stainless day. They have an not bad(p) display board of reporters, and the guests of the show have the outperform credentials you can find. I observed that watching this type of program could ready you broader familiarity of the stock market and current events as well. I feel that they could have summed most of the discipline up in a shorter amount of time, however the show isnt catered just for my liking. I would recommend this show to those who akin studying the market, economics, or people that have money currently involved in stocks or mutual funds. If you want to desexualize a in effect(p) essay, order it on our website: Orderessay

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