The Stock Market Is Up 10 of 12 Days

The stock market has risen for 10 of the last 12 trading days, and it’s up again this morning. The big news this morning is that Apple ($AAPL) has now split 7-for-1. The stock is currently at $92 per share. It’s currently the most valuable company in the world with a market cap of more than $550 billion. The combined value of Apple and Exxon ($XOM) comes to $1 trillion.

There’s not a lot of movement on our Buy List this morning, although I’ll point out that Ford ($F) is over $17 per share, and Bed Bath & Beyond ($BBBY) is up to $62.72, which is the highest price in about a month. Oracle ($ORCL) and Wells Fargo ($WFC) are both at new 52-week highs.

On Friday, the Volatility Index ($VIX) dropped down to 10.73. That was the lowest figure in seven years. The VIX is up to 11.12 this morning.

Posted by on June 9th, 2014 at 10:04 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.