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This Week’s Blog
April 21, 2014 11:43 am
I recently started reading about the Alibaba IPO that is projected to happen in the Fall of 2014. I wrote a blog about Alibaba awhile back. Find it HERE According to an April 2014 Los Angeles Times article, “Alibaba, a Chinese e-commerce behemoth with more sales than Amazon and EBay combined, has decided to go public on Wall Street after months of speculation that it would list in Hong Kong.” I’ve always been fascinated with Initial Public Offerings (IPOs) and remember the Facebook (FB) IPO like it was yesterday. There’s so much excitement and hope and, of course, the prospect... READ MORE
The MyGenLoves index is a stock index created by Fox on Stocks to show how my generation’s preferences and buying habits affect stock prices.
The MyGenLoves index is calculated based on the stock price of 20 companies that are currently hot in the eyes of kids in my generation. We take those 20 companies, track their stock price every day, and weight and calculate an index number each day.
How can you use the MyGenLoves index?
You can use the MyGenLoves index just like the Dow, the S&P500, and other indexes are used….. that is, you take one day’s number and compare it to another to see if the index is going up or down, allowing you to see stock market performance at a quick glance.