Wed05252016

Business & Real Estate

Stocks still the place to be

After Friday’s market close, stocks are still the place to be – if you can stand the bumpy ride.

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Is Santa Claus coming to town?

Editor’s note: After announcing his retirement in October, longtime Town Crier columnist Clyde Noel, 94, is back in business. He plans to continue writing his “Taking Stock” column and contributing occasional feature stories.

One of my Rotary Club friends told me the other day, “I’m nearly 60 and scared to death of the market. With a possible rate hike and today’s global worries, it makes me want to sell all my stocks.”

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'Taking Stock' comes to close

Town Crier columnist Clyde Noel has retired from writing “Taking Stock,” the weekly “Town Crier 50” stock report that became a staple in the Business & Real Estate section.

At 94, Noel determined that “it is time to relax completely.” Learn more about the Los Altos Hills resident in the upcoming Jan. 14 Senior Lifestyles section.

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Apple posts all-time sales records

Two “Town Crier 50” stocks made news last week.

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Cloud pushes stocks higher

An epic change is occurring in the business environment, namely, the cloud.

Cloud computing, which provides access to data from anywhere using an ordinary Internet connection, offers relief from the stress of buying software licenses for every tool businesses install. The public cloud saves companies the cost of running their own data operation or purchasing expensive servers.

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Skittish market calms down

U.S. stocks closed higher last week, up 1 percent and recovering most of the ground they lost last summer. The majority of the market’s rally occurred Thursday, when hedge funds began to cover short positions.

With improving consumer sentiment and no interest-rate hike from the U.S. Federal Reserve this year, the market looks enticing for investors. But we still haven’t left behind the volatility the market experiences periodically.

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Dow rides high for now

The Dow Jones industrial average surged 3.7 percent to 17,084.49 last week, extending its rebound rally after six sessions in the doldrums. Stocks rose eight of nine recent trading sessions, and the Nasdaq also increased 2.6 percent for the week.

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