Stocks Gain On Broad Based Rally and Apple Proves That A Move To Quality Is Acceptable |
| May 17, 2016 | May 2016 Bond Updates |
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Stocks bounced back on Monday as the E-mini S&P rallied back above the 9 and 50 Day Moving Average on the Chart. The move was led, in part, by Purchases of Apple by bigger name funds including Berkshire Hathaway. While Apple is clearly not the Growth Stock that it once was, its Price Earnings ratio of about 10.50 and its strong core business has, in a few days, convinced large numbers that it is a worthy investment. |
| View more at: http://www.forbes.com/sites/fredoltarsh/2016/05/16/stocks-gain-on-broad-based-rally-and-apple-proves-that-a-move-to-quality-is-acceptable/ |
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