By Mick Weinstein
Steve Jobs' legacy may be found in the beautiful products he created and the entire industries he transformed, but since his December 1996 return to Apple (NAS:AAPL) , Jobs' genius was also reflected in the astounding 6,400% gain for the company's stock. Apple has averaged a 1% gain every week for the past eight and a half years.
Whither Apple stock now? Eric Savitz says "pray for Steve's family and friends - and if the stock stumbles here, pounce." Mark Gongloff concurs: "When [Jobs] stepped down earlier this month, the stock did not react much, and in fact shot to a new record high." But James Kostohryz posits that Apple "is the type of company that must be run by a creative genius in order to maintain its edge" and that the company's financial prospects were greatly diminished with yesterday's sad announcement.
J.C. Parets takes a look at Apple from a technical trader's perspective .
Its newly announced Siri technology could help Apple displace Google (NAS:GOOG) in the all-important mobile search market (via Dan Frommer) . But that would have to buck the trend of Google's Android ongoing torrid growth in mobile handset market share.
If you have some money to invest, you likely first ask yourself: stocks or bonds? Eddy Elfenbein has a helpful chart of how the two asset classes have broadly performed against each other over the past 15 years. According to this, our moment appears bullish for stocks.
If that's your inclination, Paul Britt makes the case for buying a total market ETF like (PSE:VTI) , (PSE:IWV) or (PSE:IYY) - and lays out the key differences among them.
How Tyler Kocon is betting on the Bakken , America's newest oil craze - holding long positions in EOG Resources (NYS:EOG) and Kodiak Oil & Gas Corp. .
Luxury retail investors take note - John Ogg finds diamond prices are tumbling along with Tiffany stock.
Impressive numbers for Yum Brands (NYS:YUM) in China.
The opinions offered herein are not personalized recommendations to buy, sell or hold securities