This “NBA” Market

On February 19, 2012, in Market Perspective, by admin

Doug Kass calls this an “NBA Market.” Nothing But Apple. And the market loves Apple.   Subtract Apple’s earnings and the bounced back earnings from the ‘hated’ AIG & the earnings growth from the remaining S&P 500 stocks was only 1.1%. Observing its momentum, it’s hard to see anything stopping Apple’s stock from taking out [...]