To view the replay, click here. Question 1: Significance of DJIA 30,000
As the Dow Jones Industrial Average is not a performance benchmark for institutional investors of anywhere near the magnitude of the S&P 500 index, the effect of its recent rise through the 30,000 level is more psychological than anything else. That said, animal spirits are just as important in supporting market advances as economic data and corporate profits.
So, we will consider the development to be
Mega-cap tech stocks have been leading the U.S. market higher and David Garrity, chief market strategist, Laidlaw Wealth Management, says they’re not over-priced, at least not yet. He says the accelerated growth that companies are enjoying make the sector a defensive portfolio holding. We also dig into the latest results from Microsoft, which Garrity says remains an attractive investment at current levels. 1) Re: Microsoft’s results …whether this is a stock worth buying into