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Joseph P. Porter
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I am a retired college faculty in Philosophy, with specializations in Ethics, Socio-political Theory and Rational Choice/Decision Theory. My teaching focus was on Business Ethics, Medical Ethics and Logic. After retirement I freelanced as a Grant Writer/Fund Raising Consultant. I have taught at... More
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Joseph P. Porter's Instablog
  • Dogging It: Week 14 0 comments
    Apr 7, 2013 2:24 PM

    Starting this week, the first week of Q2, I'm going to combine both the Dow comparison and the S&P comparison in the same blog. Don't know if it will save work, or if anyone actually looks at these things, but I feel too much like I'm padding my Blog numbers when I give the weekly results in two separate entries.

    First, the Dow:

    (click to enlarge)

    This was quite a down week, even for the market as a whole. Even Hewlett-Packard (HPQ) pulled back a bit. Intel (INTC) can't seem to get going, despite its popularity in the small-device category.

    Here's the S&P:

    (click to enlarge)

    Again, a down week for the market, which doesn't do Cliffs Natural Resources (CLF) any good, as it just underscores how poorly Cliffs is doing. Their Q1 dividend was $0.15, a drop of $0.475 from the previous level (a 76% drop), mining operations being cut back, and safety violations being cited.

    Meanwhile, competitors Pitney Bowes (PBI) and R.R. Donnelley & Sons (RRD) continue to lead this pack.

    See you next week!

    Disclosure: I am long PFE.

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