Comments on: Apple and Google to replace GM and Citigroup on Dow Jones? http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/ Gadgets, gear and computer hardware. Thu, 03 Dec 2009 17:27:31 -0500 hourly 1 By: just http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-1000220 just Wed, 01 Apr 2009 19:22:09 +0000 http://www.crunchgear.com/?p=77585#comment-1000220 because they are not american! because they are not american!

]]> By: S.C.AWANA http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-994697 S.C.AWANA Sat, 21 Mar 2009 17:29:41 +0000 http://www.crunchgear.com/?p=77585#comment-994697 VOTE AND SUPPORT SHRI SURENDER SINGH NAGAR BSP CANDIDATE FROM GAUTAM BUDH LOK SABHA. R AWANA VOTE AND SUPPORT SHRI SURENDER SINGH NAGAR BSP CANDIDATE FROM GAUTAM BUDH LOK SABHA.

R

AWANA

]]> By: Steve http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-992272 Steve Sun, 15 Mar 2009 20:22:49 +0000 http://www.crunchgear.com/?p=77585#comment-992272 This isn't just pulled from thin air. I'm in the finance industry. A third of DJIA stocks no longer fit the criteria. The proportion isn't that much farther off with the S&P 500. DJIA stocks more around regularly; which is amusing when you hear the "returns 8% a year" claim considering the stocks are picked and removed at will. The reason why a replacement is needed is because it's a price weighted index. With BAC, C, F, GM, etc. all floating in the low single digits, they comprise almost no percentage of the index. IBM alone for instance is a multiple of the weighting of all of the above. If all of them went bankrupt on monday, DJIA would only fall about 150 points. Obviously the index is broken. The only reason this hasn't* happened is because of the bad press. Those that regulate the index would be blamed for further deterioration of those stocks once they were pulled. Since the credit markets have evaporated, firms with no debt have held up proportionally much better. This is why tech giants like AAPL and GOOG are real potential canidates. My favorite tech site right now is <a href="http://www.justaskgemalto.com/" rel="nofollow">This</a> digital security site though. This isn’t just pulled from thin air. I’m in the finance industry. A third of DJIA stocks no longer fit the criteria. The proportion isn’t that much farther off with the S&P 500. DJIA stocks more around regularly; which is amusing when you hear the “returns 8% a year” claim considering the stocks are picked and removed at will. The reason why a replacement is needed is because it’s a price weighted index. With BAC, C, F, GM, etc. all floating in the low single digits, they comprise almost no percentage of the index. IBM alone for instance is a multiple of the weighting of all of the above. If all of them went bankrupt on monday, DJIA would only fall about 150 points. Obviously the index is broken.

The only reason this hasn’t* happened is because of the bad press. Those that regulate the index would be blamed for further deterioration of those stocks once they were pulled.

Since the credit markets have evaporated, firms with no debt have held up proportionally much better. This is why tech giants like AAPL and GOOG are real potential canidates.

My favorite tech site right now is This digital security site though.

]]> By: <fb:name linked="false" useyou="false" uid="5108977">Edison Cruz</fb:name> http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-992044 Edison Cruz Sun, 15 Mar 2009 01:26:30 +0000 http://www.crunchgear.com/?p=77585#comment-992044 I'd really love to know if this actually has any legitimacy. If so, this seems pretty huge. I've done some searching and nowhere else are there any similar reports... I’d really love to know if this actually has any legitimacy. If so, this seems pretty huge. I’ve done some searching and nowhere else are there any similar reports…

]]> By: Ryan http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-991315 Ryan Thu, 12 Mar 2009 16:10:36 +0000 http://www.crunchgear.com/?p=77585#comment-991315 Where's the fact checking on this post? A simple history check of the Dow will show it's original founding date of May 26, 1896; that original average included 12 stocks. Only one of those 12 stocks is still part of the Dow today - General Electric. How can this article claim that "General Motors is the longest continuous fund on the Dow Jones with a 1925 induction date"? Is this a typo, bad fact checking or am I misunderstanding something? Where’s the fact checking on this post? A simple history check of the Dow will show it’s original founding date of May 26, 1896; that original average included 12 stocks. Only one of those 12 stocks is still part of the Dow today – General Electric. How can this article claim that “General Motors is the longest continuous fund on the Dow Jones with a 1925 induction date”? Is this a typo, bad fact checking or am I misunderstanding something?

]]> By: Ryan-Stock Market Prices for General Motors Corporation http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-991200 Ryan-Stock Market Prices for General Motors Corporation Thu, 12 Mar 2009 07:28:46 +0000 http://www.crunchgear.com/?p=77585#comment-991200 General Motors might be out of the Dow Jones Industrial Average,2nd oldest index due to it's lackluster performance and an unsteady growth in the market.But GM will try to maintain reasonable growth and valuation to salvage some pride and make healthy <a href="http://www.stocknod.com/gm-General-Motors-stock-prices.aspx" rel="nofollow">GM Stock Price</a>.I am sure GM will be able to do it. General Motors might be out of the Dow Jones Industrial Average,2nd oldest index due to it’s lackluster performance and an unsteady growth in the market.But GM will try to maintain reasonable growth and valuation to salvage some pride and make healthy GM Stock Price.I am sure GM will be able to do it.

]]> By: Sam http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-991036 Sam Wed, 11 Mar 2009 21:47:53 +0000 http://www.crunchgear.com/?p=77585#comment-991036 Woah! Wouldn't we also have an awesome unemployment rate if we removed those people who are unemployed from the rate? Woah!

Wouldn’t we also have an awesome unemployment rate if we removed those people who are unemployed from the rate?

]]> By: Apple et Google pour remplacer GM et Citigroup on Dow Jones? « Paradoxes http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990966 Apple et Google pour remplacer GM et Citigroup on Dow Jones? « Paradoxes Wed, 11 Mar 2009 19:01:58 +0000 http://www.crunchgear.com/?p=77585#comment-990966 [...] viaApple and Google to replace GM and Citigroup on Dow Jones?. [...] [...] viaApple and Google to replace GM and Citigroup on Dow Jones?. [...]

]]> By: popurls.com // popular today http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990865 popurls.com // popular today Wed, 11 Mar 2009 16:00:04 +0000 http://www.crunchgear.com/?p=77585#comment-990865 <strong>popurls.com // popular today...</strong> story has entered the popular today section on popurls.com... popurls.com // popular today…

story has entered the popular today section on popurls.com…

]]> By: jackson http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990747 jackson Wed, 11 Mar 2009 06:37:18 +0000 http://www.crunchgear.com/?p=77585#comment-990747 GM is nothing but nostalgia. We all remember riding around in GM cars, I remember all my childhood car memories, road trips, in a Malibu Wagon. It was good. But its over. All we're doing is propping up a brandname now. The sooner their workforce is redeployed in something that America can compete in, the sooner we recover. What's good for GM is bad for America. http://moneyveil.com/?p=144 GM is nothing but nostalgia. We all remember riding around in GM cars, I remember all my childhood car memories, road trips, in a Malibu Wagon. It was good. But its over. All we’re doing is propping up a brandname now. The sooner their workforce is redeployed in something that America can compete in, the sooner we recover.

What’s good for GM is bad for America.

http://moneyveil.com/?p=144

]]> By: <fb:name linked="false" useyou="false" uid="578425540">Brad Crabtree</fb:name> http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990726 Brad Crabtree Wed, 11 Mar 2009 04:13:20 +0000 http://www.crunchgear.com/?p=77585#comment-990726 we could all see this coming we could all see this coming

]]> By: Ace http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990645 Ace Wed, 11 Mar 2009 00:05:45 +0000 http://www.crunchgear.com/?p=77585#comment-990645 About time! This is the changing of the guards. GM has been irrelevant for a long time now. Citibank will probably stick around. About time! This is the changing of the guards. GM has been irrelevant for a long time now. Citibank will probably stick around.

]]> By: Shawn http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990640 Shawn Tue, 10 Mar 2009 23:59:18 +0000 http://www.crunchgear.com/?p=77585#comment-990640 No way! GM and Citi are too big to get kicked off No way! GM and Citi are too big to get kicked off

]]> By: <fb:name linked="false" useyou="false" uid="12800193">Justin Mitchell</fb:name> http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990628 Justin Mitchell Tue, 10 Mar 2009 23:25:49 +0000 http://www.crunchgear.com/?p=77585#comment-990628 Eh, the DJIA pretty fundamentally flawed as a consequence of being price-weighed. If GOOG and AAPL were to become part of the DJIA, they would be (along with IBM) the most weighted companies on the index. This would make the DJIA an increasingly tech-dependent index, further reducing its value in terms of actually tracking a cross-section of blue-chip stocks. Eh, the DJIA pretty fundamentally flawed as a consequence of being price-weighed. If GOOG and AAPL were to become part of the DJIA, they would be (along with IBM) the most weighted companies on the index. This would make the DJIA an increasingly tech-dependent index, further reducing its value in terms of actually tracking a cross-section of blue-chip stocks.

]]> By: shawn http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990613 shawn Tue, 10 Mar 2009 22:53:05 +0000 http://www.crunchgear.com/?p=77585#comment-990613 What would happen to the Nasdaq if these companies went to the DOW? What would happen to the Nasdaq if these companies went to the DOW?

]]> By: Apple y Google reemplazarían a GM y Citigroup en el Dow — superfinanciera.com http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990611 Apple y Google reemplazarían a GM y Citigroup en el Dow — superfinanciera.com Tue, 10 Mar 2009 22:48:57 +0000 http://www.crunchgear.com/?p=77585#comment-990611 [...] Industrial Average teniendo en cuenta su desempeño reciente y perspectivas no muy alentadoras. [CrunchGear] Comparta esta nota [...] [...] Industrial Average teniendo en cuenta su desempeño reciente y perspectivas no muy alentadoras. [CrunchGear] Comparta esta nota [...]

]]> By: Joe Blo http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990598 Joe Blo Tue, 10 Mar 2009 22:31:36 +0000 http://www.crunchgear.com/?p=77585#comment-990598 Yup, that's what happens when you get your 16 yr old bubblegum chewing teenage girl to fix your car. Techcrunch doesn't know anything about financial reporting, they just want to wank themselves and feel important. A pity since TC used to be such a reputable source of info.. *cough* *cough* Yup, that’s what happens when you get your 16 yr old bubblegum chewing teenage girl to fix your car.

Techcrunch doesn’t know anything about financial reporting, they just want to wank themselves and feel important.

A pity since TC used to be such a reputable source of info.. *cough* *cough*

]]> By: Eric http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990594 Eric Tue, 10 Mar 2009 22:14:56 +0000 http://www.crunchgear.com/?p=77585#comment-990594 “We cover ridiculous rumors of all kinds.” - is that the new tagline for crunchgear? Maintain some standards. Seriously. “We cover ridiculous rumors of all kinds.” – is that the new tagline for crunchgear?

Maintain some standards. Seriously.

]]> By: Joseph Kingsbury, Text 100 http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990591 Joseph Kingsbury, Text 100 Tue, 10 Mar 2009 22:06:36 +0000 http://www.crunchgear.com/?p=77585#comment-990591 I think Jeff is right - tech is hugely important but I can't see a full 20% of the Dow being tech companies. You could make the argument that different tech companies are proxies for different segments of the economy but there are still many other industries that need representation for the Dow to remain balanced. Joseph Kingsbury, Text 100 I think Jeff is right – tech is hugely important but I can’t see a full 20% of the Dow being tech companies. You could make the argument that different tech companies are proxies for different segments of the economy but there are still many other industries that need representation for the Dow to remain balanced.

Joseph Kingsbury, Text 100

]]> By: John http://www.crunchgear.com/2009/03/10/apple-and-google-to-replace-gm-and-citigroup-on-dow-jones/comment-page-1/#comment-990580 John Tue, 10 Mar 2009 21:38:11 +0000 http://www.crunchgear.com/?p=77585#comment-990580 "We cover ridiculous rumors of all kinds." Uhh, that's not something you should be proud of ... “We cover ridiculous rumors of all kinds.” Uhh, that’s not something you should be proud of …

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