Stock Market Today

Sunday, July 12 2020

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Stock Market Today: July 10, 2020

Harvey S. Katz, CFA | 07/10/2020

It certainly has been an up-and-down week for Wall Street, as we head into the final session of this five-day span. On point, stocks started the week out on a high note, with the Dow Jones Industrial Average soaring by more than 400 points on Monday. That index then proceeded to tumble by almost as many points on Tuesday, before equity investors righted the ship on Wednesday with a late surge helping to lift the blue chips and the NASDAQ strongly.

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A Discussion of the Gross Domestic Product

Harvey S. Katz, CFA | 02/24/2020

The gross domestic product, popularly known as the GDP, is the total value of the output of all goods and services produced by labor and property within the United States.

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Markets Commentaries

GAAP, Items, And Adjusted Earnings - Sometimes a Strange Tale

Value Line Research Department | 02/24/2020

It is axiomatic that a company’s stock’s price is the present value of all future cash flows it is likely to pay out, and that earnings constitute one gage of a company’s economic value. Unfortunately, there is often a lot of smoke between published profits according to generally accepted accounting principles and the real output of a company.

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