Market and economy notes plus Google’s new Alphabet
Just barely more than one trading day ago, on last Friday, the $DJIA was at 16,000 again and many stocks were hitting new 52-week lows. Aren’t you glad you weren’t panicking into the fearful market sell-off when those employment numbers that were off by rounding errors Friday morning? Now that said, If you were stressed out last week when stocks were getting trashed, now is the time to consider trimming some of your long positions back.
Meanwhile, there’s lots of interesting valuation analysis, charts, etc in this report from JPMORGAN out today: Here’s everything that’s happening in the market right now
Corporate earnings are booming but currency fluctuations, commodity price crashes and emerging market weakness raise the risks of more stock market turmoil.
Can we continue to see past the noise? Can we keep our heads on straight and see the ongoing/coming Revolutions we need to be in front of with our money and our careers?
Yes we can. Speaking of which, let’s say Hello, Alphabet. Google’s new corporate identity takes effect today. Here’s a helpful chart to understand how the company fits together. Note that Android is under the Google banner, as is YouTube, rather than being considered businesses of their own.
Android is probably the single biggest driver for Google’s future as it becomes the de facto standard for most devices and Internet-of-Things and Wearables that aren’t made by Apple.
I am looking to add another new name or two this week so stay tuned.