Oct 24

One Company Can Affect the Entire Market

Posted in Uncategorized

There are only a handful of companies that are influential enough to have an affect on the entire stock market in just one day, one of those companies is Merrill Lynch.

NEW YORK (AP) — Wall Street recovered from steep losses Wednesday amid hopes for an imminent interest rate cut, but stocks still closed down in response to Merrill Lynch & Co.’s credit-related losses and a sharp drop in existing home sales.  Read more here.

Whether it is through a broker or online service, like Gorilla Trades, i usually like investing in smaller stocks that have more of a potential to get double digit gains.  Of course, with th increased potential return, comes increased potential risk.  Good thing i love risk.

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