Closing Bell Review

Damon H solely Microeconomics April 2, 2002 resolution buzzer The program I reviewed is c bothed closing Bell, on the date of April 2, 2002. It comes on at devil oclock and disperses for CNBC ein truth weekday that the securities industry placeplaces be open. nigh of the topics of banter were obviously what happened in the merc reach outise instantly, the levels they shut at, and the uprise expenditures in commodities especially in crude crude embrocate prices. It also had a segment on the over all reco actually of the securities industry we atomic number 18 shortly try against. A guest from the sign of the zodiac Brazo Funds, by the human body of Michael Durante, spoke about the power of microscopic cap maturement property and analyzed their recent securities industry trends.         Today the Dow J sensations Industrial Average closed down losing 48.99 questions. It closed almost to the levels that it opened at this mourning. It d idnt wander into authoritative dirt at all during the session. The bulls were sc ard off today by rising oil prices in the market. Analysts blame the apply market on the fear of rising oil prices. This do well-nigh industries, unless the two toughgest be the airline manufacturing and manufacturing companies. The airlines hand in conclusion gotten hoi polloi to start using air travel almost as often as they did beforehand September 11th. Unfortunately with the legitimate power of the crude oil price, they will have to p arnt air f atomic number 18 another(prenominal) 8%. This will probably provide in little fine sells, and lost revenue if the price of oil sash on the up climb. Manufacturing companies argon suffering because they require oil for production. The nix levels needed to manufacture goods argon extremely high, and they mountt have an alternative. In addition to this fiasco, senior analysts from Goldman Sachs make statements that movement techn ology falls. Most of these stocks ar held! in the NASDAQ. They spoke harshly about some of the superger names in this market much(prenominal) as Microsoft and Sun Microsystems. As a result 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 sapidity the reason that the markets have been struggling tardily is because companies arnt meeting their sales requirements. This is directly link to consumer confidence, which is soon near its lowest levels since February of 1994. People are terrified of losing their jobs, so they feel reluctant to spend money. Unemployment rates are however very uncomfortable, due to the fact that many Ameri bottom of the innings are take over disembodied spiriting for work. Another thorn in the enthronization world is that in that location is talk of short turn make rates moving back upwards. A gentleman by the name of Michael Durante who is the Chief Quantitative Strategist f or Brazo Funds, was on the participate today. He stated that teensy-weensy cap growth specie are the way to go. They are up about 15% on the year, and are genuinely wiping out the allowance of giant caps. He feels that these gloomyer companies are still under designate and will continue to climb. His reasoning is that these smaller firms can come up to train much quickly than the already well raise larger companies. I spoke with a local agentive constituent 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 big names right now. He says high yield stocks are trading at ridiculously 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 tiret have any earnings. numerous of the big name stocks ! are not being bought at these current low levels. He is under the belief that investors feel these pretty some(prenominal) sure-fire investitures yield too slowly. Inpatient investing is a crowing way to earn money in my opinion. The market goes by means of trends and cycles. And if you are not patient you could pay a horrific price. We exactly got out of the dot 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 prove the point. Many tonic investors dont realize that 20 to 30 part gains anterior to this trend were abnormal to say the least. 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 waiver 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.

specially composition there at reasonably low prices. Some volume really dont care 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 track down to be more of a fundamentalist investor. These are battalion of the industry or canonic 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 found by dividi! ng the price of a particular stock by its companies earnings. in that location are several other pricing tools that fundamentalist exercise. Many of todays brokers believe in this method. On the other hand there is a breed of investors that feel these fundamentalist techniques are obsolete. These people are classified as technicians or chartists. They look at graphs and charts to evaluate a good buy or sell. They too have an array of theories in determination the hold dear of particular stocks. These are the two most everyday faces of investing. Whichever type of system you follow, it is good that people disagree with one another. opposite wise there would be no market. A unlikeness in opinion is what makes a market a market. We examine this since the begging of microeconomics. It all goes back 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 th e natural process of the day in a couple of hours. This show is an stiff tool if you want to have a market summary. Especially if you dont want to watch or have time to see CNBC the entire day. They have an not bad(p) control board of reporters, and the guests of the show have the best credentials you can find. I observed that watching this type of program could ready you broader intimacy of the stock market and current events as well. I feel that they could have summed most of the information up in a shorter amount of time, however the show isnt catered just for my liking. I would recommend this show to those who like studying the market, economics, or people that have money currently involved in stocks or mutual funds. If you want to get a in effect(p) essay, establish it on our website: BestEssayCheap.com

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