Apple, Google could join Dow index - News and Current Events | futures io social day trading
futures io futures trading


Apple, Google could join Dow index
Updated: Views / Replies:230 / 1
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Apple, Google could join Dow index

  #1 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

Apple, Google could join Dow index

(Reuters) - The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron's said on Sunday.

The business weekly said the Dow has no timetable, but a new company or two could be added in the next year.

The three most likely stocks to be replaced in the index are aluminum maker Alcoa, Bank of America and Hewlett-Packard, Barron's said in its latest edition.

"The guardians of the Dow need to ensure that this benchmark, created in the 19th century, stays relevant for a 21st century market," it wrote.

Yet admitting Apple, the world's most valuable company with a market capitalization of roughly $563 billion, or Google, would be difficult, Barron's said, because of the way the index is calculated. Unlike the Standard & Poor's 500 and other major indexes, the Dow weighs its 30 components based on the absolute price of their shares.

Apple, whose shares on Friday closed at $603, would overwhelm the index with a 26 percent weighting. That is double the influence of current Dow component IBM, whose $207 stock price gives it a 12 percent weighting in the index, Barron's said.

Barron's said the heavy weighting that Apple would command at its current share price could prove a barrier to becoming a Dow component. To guarantee a Dow spot, Barron's said, Apple would have to split its shares by five-for-one or 10-to-one. But Barron's noted that Apple has not split its stock since 2005.

The lack of splits poses difficulties for the Dow because high-priced components like IBM exercise a growing impact while low-priced members like Alcoa, Bank of America and General Electric get marginalized.


Apple, Google could join Dow index: Barron's - Yahoo! Finance

Reply With Quote
 
  #2 (permalink)
Elite Member
San Diego, CA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
GridKing's Avatar
 
Posts: 3,650 since May 2011
Thanks: 588 given, 877 received


kbit View Post
(Reuters) - The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron's said on Sunday.

The business weekly said the Dow has no timetable, but a new company or two could be added in the next year.

The three most likely stocks to be replaced in the index are aluminum maker Alcoa, Bank of America and Hewlett-Packard, Barron's said in its latest edition.

"The guardians of the Dow need to ensure that this benchmark, created in the 19th century, stays relevant for a 21st century market," it wrote.

Yet admitting Apple, the world's most valuable company with a market capitalization of roughly $563 billion, or Google, would be difficult, Barron's said, because of the way the index is calculated. Unlike the Standard & Poor's 500 and other major indexes, the Dow weighs its 30 components based on the absolute price of their shares.

Apple, whose shares on Friday closed at $603, would overwhelm the index with a 26 percent weighting. That is double the influence of current Dow component IBM, whose $207 stock price gives it a 12 percent weighting in the index, Barron's said.

Barron's said the heavy weighting that Apple would command at its current share price could prove a barrier to becoming a Dow component. To guarantee a Dow spot, Barron's said, Apple would have to split its shares by five-for-one or 10-to-one. But Barron's noted that Apple has not split its stock since 2005.

The lack of splits poses difficulties for the Dow because high-priced components like IBM exercise a growing impact while low-priced members like Alcoa, Bank of America and General Electric get marginalized.


Apple, Google could join Dow index: Barron's - Yahoo! Finance

How To Calculate Dow Jones Industrial Average | eHow.com

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Reply With Quote

Reply



futures io > > > > Apple, Google could join Dow index

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Inventor of the Web is worried about Facebook, Google, Apple and CISPA kbit News and Current Events 0 April 19th, 2012 10:14 AM
Why Google Stock May Beat Apple to $1,000 Per Share Quick Summary News and Current Events 0 April 13th, 2012 03:40 PM
Obama crackdown on Apple and Google ..... kbit News and Current Events 0 February 23rd, 2012 08:57 PM
Apple Overtakes Google as World's Most Valuable Brand Quick Summary News and Current Events 0 May 9th, 2011 12:10 AM


All times are GMT -4. The time now is 04:58 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.08 seconds with 19 queries on phoenix via your IP 54.221.73.186