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Mega-Cap ETFs Give You the Bluest Blue Chips
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People often associate “big” with “safe.” They think big ships are safer than small boats. Big banks are safer than small banks. Big stocks are safer than small stocks.
Of course, it doesn’t always work out that way … the gigantic Titanic turned out to be quite a bit more dangerous than the Skipper’s S.S. Minnow. And on average, you are much safer aboard a small plane than you are in your supersize SUV.
Nonetheless, stock investors who want to apply the “Big = Safe” principle often lean…
17Dec2009 | Money and Markets | 0 comments | ContinuedMarket Updates: Home Depot (HD), Sears Holdings (SHLD), Bank of America (BAC), Procter & Gamble (PG)
Dollars for Dryers, GM Ogles Opel, BofA Defends Settlement, Warner Does Debt, Dollar Dances Higher
- First it was “Cash for Clunkers.” Now it’s “Dollars for Dryers.” With sales of big-ticket home appliances in the trash compactor, the Obama administration has allocated $300 million for its “Energy Efficient Appliance Rebate Program.” The initiative is on tap for this fall. Shipments of washers, dryers, refrigerators and ovens dropped 10% in 2008 and are down 15% through July, according to a report by the Association of Home Appliance Manufacturers. Home-appliance retailers – Home Depot Inc. (NYSE: HD), Sears
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25Aug2009 | Money Morning | 1 comment | ContinuedMarket Update: Microsoft (MSFT), Time Warner (TWX), Costco (COST), Procter & Gamble (PG)
Time Warner Spinning Off AOL; Costco Misses Earnings; Posco Agrees to 33% Iron Ore Price Cut; Two Auto Parts Makers File Bankruptcy; Microsoft Launches New Search Engine; Geithner Will Prod China to Increase Consumption; P&G Forecast Far Short Of Street Estimates; Lexus Drops LPGA Tour Event
- Time Warner Inc. (NYSE: TWX) plans to spin off its AOL Internet unit by the end of the year, making it its own publicly traded company, Bloomberg reported. The decision reverses the
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29May2009 | Money Morning | 0 comments | Continued
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