logo
  Join        Login             Stock Quote

That Apple Google Comparison Chart.

 March 20, 2012 01:21 PM
 


You may have seen this chart, but given the continued excitement regarding Apple as it hovers in the vicinity of $600 a share, and garners more exciting news with the introduction of the iPad4, the announcement yesterday that it will begin to pay a dividend, and will launch a $10 billion share buy-back program next year, it is an interesting chart.

It's the work of Doug Kass, and has appeared on Business Insiders and a few other sites. So it has already been out there.

The chart shows how similar the excitement and spike-up of the stock of Apple, the red line, has been so far to the similar excitement and 3-year spike-up in Google shares, the blue line, to their peak in 2007, just weeks before the 2007 bull market top. Once they peaked, Google shares dropped 64% from $741 to $265 over the next 12 months.

[Related -Google Inc (GOOG) Q4 Earnings Preview: What To Watch?]

Not that Apple is going to continue to track with Google's previous run. But the chart is interesting.

Housing Market Index.

It was reported yesterday that the NAHB/Wells Fargo Housing Market Index, which measures the confidence of the nation's home-builders, was unchanged in March, at 28.

It was immediately touted as a four-year high and a big positive for the housing market as we enter the traditional spring buying season.

Yeah, it's near a four year high. But as a glance at the chart shows that's a long ways from meaning a positive outlook by builders. The index is designed so that 50 on the index is normal. So except for its spike down in 1991, after the 1990 housing, it remains well below its level since at least 1985 which is where the chart begins.

[Related -Apple Inc. (AAPL): How Q1 Earnings Will Fare?]

And that's after improving for four years to its current level.

It's also interesting to note that at this time last year an improvement in the index had Wall Street calling the bottom of the housing decline and predicting a great spring season.


Next Page >>12
iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageHow the Chinese Slowdown Will Impact Your Investments

Most countries would find a quarterly growth rate of 7.3% a cause for a read on...

article imageHow To Profit From Foreign Investment In Real Estate

Though investors don't always capitalize on it, history has a way of repeating itself. In fact, when I saw read on...

article imageAnother Round Of Upbeat US Macro Reports

The US economy grew faster than expected in this year’s third quarter, according to this morning’s read on...

article imageDistinguishing The Fed's Securities Purchases From Monetary Expansion

There has been a bit of confusion about what today's FOMC announcement means with respect to Quantitative read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.