Market

Most people, including myself, find the stock market to be a mystery. Why things go up and down seems to have no logical reason but some people are paid to tell you why the market moves in these mysterious ways. Experts say that the recent rise in the market is the result of profits but yesterday’s drop defies that reasoning. Take one example, Apple. Apple announced the highest quarterly earnings in the history of the company of $88 billion and its stock dropped causing a loss in market capitalization of $84 billion dollars all in one day. The company earned $88 billion and its stock went down $84 billion. Go figure!